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Life Time Group Holdings, Inc.（LTH）与Mativ Holdings, Inc.（MATV）财务数据对比。点击上方公司名可切换其他公司
Life Time Group Holdings, Inc.的季度营收约是Mativ Holdings, Inc.的1.6倍（$745.1M vs $463.1M），Mativ Holdings, Inc.净利率更高（21.8% vs 16.5%，领先5.3%），Life Time Group Holdings, Inc.同比增速更快（12.3% vs 1.0%），Mativ Holdings, Inc.自由现金流更多（$8.0M vs $-64.6M），过去两年Life Time Group Holdings, Inc.的营收复合增速更高（11.7% vs -3.8%）
Life Time Group Holdings是美国高端健身康养服务运营商，在全美运营连锁高端运动场馆，提供健身器材使用、团体课程、私教指导、SPA护理、营养咨询、青少年运动项目及联合办公等服务，服务于追求健康生活方式的消费群体。
Mativ Holdings是一家全球特种材料制造商，主要生产高性能先进聚合物、无纺布、过滤解决方案及功能性涂层材料，服务医疗、工业、消费品、航空航天、能源等领域，业务遍及北美、欧洲及亚太地区。
LTH vs MATV — 直观对比
营收规模更大
LTH
是对方的1.6倍
$463.1M
营收增速更快
LTH
高出11.4%
1.0%
净利率更高
MATV
高出5.3%
16.5%
自由现金流更多
MATV
多$72.6M
$-64.6M
两年增速更快
LTH
近两年复合增速
-3.8%
损益表 — Q4 FY2025 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $745.1M | $463.1M |
| 净利润 | $123.0M | $100.8M |
| 毛利率 | 49.1% | 18.8% |
| 营业利润率 | 17.4% | 2.2% |
| 净利率 | 16.5% | 21.8% |
| 营收同比 | 12.3% | 1.0% |
| 净利润同比 | 231.0% | 6620.0% |
| 每股收益（稀释后） | $0.55 | $1.87 |
绿色 = 该指标领先。财年不对齐时期间可能不同
8季度营收与利润趋势
并排季度历史对比，按日历期对齐，财年错位的公司也能正确匹配
营收LTHMATV
| Q4 25 | $745.1M | $463.1M | ||
| Q3 25 | $782.6M | $513.7M | ||
| Q2 25 | $761.5M | $525.4M | ||
| Q1 25 | $706.0M | $484.8M | ||
| Q4 24 | $663.3M | $458.6M | ||
| Q3 24 | $693.2M | $498.5M | ||
| Q2 24 | $667.8M | $523.8M | ||
| Q1 24 | $596.7M | $500.2M |
净利润LTHMATV
| Q4 25 | $123.0M | $100.8M | ||
| Q3 25 | $102.4M | $-3.2M | ||
| Q2 25 | $72.1M | $-9.5M | ||
| Q1 25 | $76.1M | $-425.5M | ||
| Q4 24 | $37.2M | $1.5M | ||
| Q3 24 | $41.4M | $-20.8M | ||
| Q2 24 | $52.8M | $-1.4M | ||
| Q1 24 | $24.9M | $-28.0M |
毛利率LTHMATV
| Q4 25 | 49.1% | 18.8% | ||
| Q3 25 | 47.1% | 19.3% | ||
| Q2 25 | 47.0% | 19.7% | ||
| Q1 25 | 47.5% | 15.0% | ||
| Q4 24 | 48.2% | 16.9% | ||
| Q3 24 | 46.5% | 18.8% | ||
| Q2 24 | 46.8% | 20.8% | ||
| Q1 24 | 46.1% | 16.8% |
营业利润率LTHMATV
| Q4 25 | 17.4% | 2.2% | ||
| Q3 25 | 17.3% | 3.1% | ||
| Q2 25 | 14.2% | 3.8% | ||
| Q1 25 | 15.2% | -88.8% | ||
| Q4 24 | 13.1% | 0.6% | ||
| Q3 24 | 13.5% | 1.4% | ||
| Q2 24 | 15.7% | 2.0% | ||
| Q1 24 | 12.1% | -2.8% |
净利率LTHMATV
| Q4 25 | 16.5% | 21.8% | ||
| Q3 25 | 13.1% | -0.6% | ||
| Q2 25 | 9.5% | -1.8% | ||
| Q1 25 | 10.8% | -87.8% | ||
| Q4 24 | 5.6% | 0.3% | ||
| Q3 24 | 6.0% | -4.2% | ||
| Q2 24 | 7.9% | -0.3% | ||
| Q1 24 | 4.2% | -5.6% |
每股收益（稀释后）LTHMATV
| Q4 25 | $0.55 | $1.87 | ||
| Q3 25 | $0.45 | $-0.06 | ||
| Q2 25 | $0.32 | $-0.18 | ||
| Q1 25 | $0.34 | $-7.82 | ||
| Q4 24 | $0.17 | $0.03 | ||
| Q3 24 | $0.19 | $-0.38 | ||
| Q2 24 | $0.26 | $-0.03 | ||
| Q1 24 | $0.12 | $-0.52 |
资产负债表与财务实力
最新季度各公司的流动性、杠杆与账面价值一览
| 指标 | | |
|---|---|---|
| 现金及短期投资手头流动性 | $204.8M | $84.2M |
| 总债务越低越好 | $1.5B | $1.0B |
| 股东权益账面价值 | $3.1B | $498.7M |
| 总资产 | $8.0B | $2.1B |
| 负债/权益比越低杠杆越低 | 0.48× | 2.07× |
8季度趋势，按日历期对齐
现金及短期投资LTHMATV
| Q4 25 | $204.8M | $84.2M | ||
| Q3 25 | $218.9M | $97.1M | ||
| Q2 25 | $175.5M | $95.6M | ||
| Q1 25 | $59.0M | $84.0M | ||
| Q4 24 | $10.9M | $94.3M | ||
| Q3 24 | $120.9M | $162.2M | ||
| Q2 24 | $34.5M | $133.4M | ||
| Q1 24 | $18.6M | $128.9M |
总债务LTHMATV
| Q4 25 | $1.5B | $1.0B | ||
| Q3 25 | $1.5B | $1.0B | ||
| Q2 25 | $1.5B | $1.1B | ||
| Q1 25 | $1.5B | $1.1B | ||
| Q4 24 | $1.5B | $1.1B | ||
| Q3 24 | $1.7B | $1.2B | ||
| Q2 24 | $1.8B | $1.2B | ||
| Q1 24 | $2.0B | $1.2B |
股东权益LTHMATV
| Q4 25 | $3.1B | $498.7M | ||
| Q3 25 | $3.0B | $397.4M | ||
| Q2 25 | $2.9B | $416.6M | ||
| Q1 25 | $2.7B | $428.2M | ||
| Q4 24 | $2.6B | $858.5M | ||
| Q3 24 | $2.6B | $882.3M | ||
| Q2 24 | $2.4B | $898.0M | ||
| Q1 24 | $2.3B | $906.9M |
总资产LTHMATV
| Q4 25 | $8.0B | $2.1B | ||
| Q3 25 | $7.8B | $2.0B | ||
| Q2 25 | $7.6B | $2.1B | ||
| Q1 25 | $7.3B | $2.1B | ||
| Q4 24 | $7.2B | $2.4B | ||
| Q3 24 | $7.2B | $2.6B | ||
| Q2 24 | $7.1B | $2.6B | ||
| Q1 24 | $7.1B | $2.7B |
负债/权益比LTHMATV
| Q4 25 | 0.48× | 2.07× | ||
| Q3 25 | 0.51× | 2.63× | ||
| Q2 25 | 0.53× | 2.66× | ||
| Q1 25 | 0.56× | 2.67× | ||
| Q4 24 | 0.59× | 1.30× | ||
| Q3 24 | 0.64× | 1.32× | ||
| Q2 24 | 0.78× | 1.29× | ||
| Q1 24 | 0.87× | 1.30× |
现金流与资本效率
扣除再投资后实际产生的现金。现金流比净利润更难造假
| 指标 | | |
|---|---|---|
| 经营现金流最新季度 | $239.9M | $19.3M |
| 自由现金流经营现金流 - 资本支出 | $-64.6M | $8.0M |
| 自由现金流率自由现金流/营收 | -8.7% | 1.7% |
| 资本支出强度资本支出/营收 | 40.9% | 2.4% |
| 现金转化率经营现金流/净利润 | 1.95× | 0.19× |
| 过去12个月自由现金流最近4个季度 | $-21.0M | $93.8M |
8季度趋势，按日历期对齐
经营现金流LTHMATV
| Q4 25 | $239.9M | $19.3M | ||
| Q3 25 | $251.1M | $72.8M | ||
| Q2 25 | $195.7M | $57.6M | ||
| Q1 25 | $183.9M | $-15.9M | ||
| Q4 24 | $163.1M | $24.1M | ||
| Q3 24 | $151.1M | $37.6M | ||
| Q2 24 | $170.4M | $46.1M | ||
| Q1 24 | $90.4M | $-13.0M |
自由现金流LTHMATV
| Q4 25 | $-64.6M | $8.0M | ||
| Q3 25 | $28.6M | $66.7M | ||
| Q2 25 | $-26.3M | $48.9M | ||
| Q1 25 | $41.4M | $-29.8M | ||
| Q4 24 | $26.8M | $2.0M | ||
| Q3 24 | $64.0M | $25.5M | ||
| Q2 24 | $26.1M | $37.4M | ||
| Q1 24 | $-66.4M | $-25.1M |
自由现金流率LTHMATV
| Q4 25 | -8.7% | 1.7% | ||
| Q3 25 | 3.7% | 13.0% | ||
| Q2 25 | -3.5% | 9.3% | ||
| Q1 25 | 5.9% | -6.1% | ||
| Q4 24 | 4.0% | 0.4% | ||
| Q3 24 | 9.2% | 5.1% | ||
| Q2 24 | 3.9% | 7.1% | ||
| Q1 24 | -11.1% | -5.0% |
资本支出强度LTHMATV
| Q4 25 | 40.9% | 2.4% | ||
| Q3 25 | 28.4% | 1.2% | ||
| Q2 25 | 29.2% | 1.7% | ||
| Q1 25 | 20.2% | 2.9% | ||
| Q4 24 | 20.6% | 4.8% | ||
| Q3 24 | 12.6% | 2.4% | ||
| Q2 24 | 21.6% | 1.7% | ||
| Q1 24 | 26.3% | 2.4% |
现金转化率LTHMATV
| Q4 25 | 1.95× | 0.19× | ||
| Q3 25 | 2.45× | — | ||
| Q2 25 | 2.71× | — | ||
| Q1 25 | 2.41× | — | ||
| Q4 24 | 4.39× | 16.07× | ||
| Q3 24 | 3.65× | — | ||
| Q2 24 | 3.23× | — | ||
| Q1 24 | 3.63× | — |
财务流量对比
营收 → 毛利润 → 营业利润 → 净利润流向图
业务分部营收拆解
LTH
| Membership | $535.1M | 72% |
| In Center | $191.2M | 26% |
| Other | $18.8M | 3% |
MATV
| Other | $208.7M | 45% |
| SAS Segment | $157.4M | 34% |
| FAM Segment | $97.0M | 21% |
