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Life Time Group Holdings, Inc.（LTH）与ONESPAWORLD HOLDINGS Ltd（OSW）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ONESPAWORLD HOLDINGS Ltd的3.1倍（$745.1M vs $242.1M）。Life Time Group Holdings, Inc.净利率更高（16.5% vs 5.0%，领先11.5%）。Life Time Group Holdings, Inc.同比增速更快（12.3% vs 11.5%）。ONESPAWORLD HOLDINGS Ltd自由现金流更多（$14.9M vs $-64.6M）。过去两年Life Time Group Holdings, Inc.的营收复合增速更高（11.7% vs 7.1%）
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。
LTH vs OSW — 直观对比
营收规模更大
LTH
是对方的3.1倍
$242.1M
营收增速更快
LTH
高出0.9%
11.5%
净利率更高
LTH
高出11.5%
5.0%
自由现金流更多
OSW
多$79.5M
$-64.6M
两年增速更快
LTH
近两年复合增速
7.1%
损益表 — Q4 2025 vs Q4 2025
| 指标 | | |
|---|---|---|
| 营收 | $745.1M | $242.1M |
| 净利润 | $123.0M | $12.1M |
| 毛利率 | 49.1% | — |
| 营业利润率 | 17.4% | 6.8% |
| 净利率 | 16.5% | 5.0% |
| 营收同比 | 12.3% | 11.5% |
| 净利润同比 | 231.0% | -16.2% |
| 每股收益（稀释后） | $0.55 | $0.12 |
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LTHOSW
| Q4 25 | $745.1M | $242.1M | ||
| Q3 25 | $782.6M | $258.5M | ||
| Q2 25 | $761.5M | $240.7M | ||
| Q1 25 | $706.0M | $219.6M | ||
| Q4 24 | $663.3M | $217.2M | ||
| Q3 24 | $693.2M | $241.7M | ||
| Q2 24 | $667.8M | $224.9M | ||
| Q1 24 | $596.7M | $211.2M |
净利润LTHOSW
| Q4 25 | $123.0M | $12.1M | ||
| Q3 25 | $102.4M | $24.3M | ||
| Q2 25 | $72.1M | $19.9M | ||
| Q1 25 | $76.1M | $15.3M | ||
| Q4 24 | $37.2M | $14.4M | ||
| Q3 24 | $41.4M | $21.6M | ||
| Q2 24 | $52.8M | $15.8M | ||
| Q1 24 | $24.9M | $21.2M |
毛利率LTHOSW
| Q4 25 | 49.1% | — | ||
| Q3 25 | 47.1% | — | ||
| Q2 25 | 47.0% | — | ||
| Q1 25 | 47.5% | — | ||
| Q4 24 | 48.2% | — | ||
| Q3 24 | 46.5% | — | ||
| Q2 24 | 46.8% | — | ||
| Q1 24 | 46.1% | — |
营业利润率LTHOSW
| Q4 25 | 17.4% | 6.8% | ||
| Q3 25 | 17.3% | 10.2% | ||
| Q2 25 | 14.2% | 9.2% | ||
| Q1 25 | 15.2% | 7.7% | ||
| Q4 24 | 13.1% | 7.9% | ||
| Q3 24 | 13.5% | 10.3% | ||
| Q2 24 | 15.7% | 8.4% | ||
| Q1 24 | 12.1% | 8.0% |
净利率LTHOSW
| Q4 25 | 16.5% | 5.0% | ||
| Q3 25 | 13.1% | 9.4% | ||
| Q2 25 | 9.5% | 8.3% | ||
| Q1 25 | 10.8% | 7.0% | ||
| Q4 24 | 5.6% | 6.6% | ||
| Q3 24 | 6.0% | 8.9% | ||
| Q2 24 | 7.9% | 7.0% | ||
| Q1 24 | 4.2% | 10.0% |
每股收益（稀释后）LTHOSW
| Q4 25 | $0.55 | $0.12 | ||
| Q3 25 | $0.45 | $0.23 | ||
| Q2 25 | $0.32 | $0.19 | ||
| Q1 25 | $0.34 | $0.15 | ||
| Q4 24 | $0.17 | $0.13 | ||
| Q3 24 | $0.19 | $0.20 | ||
| Q2 24 | $0.26 | $0.15 | ||
| Q1 24 | $0.12 | $0.21 |
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 | $16.3M |
| 总债务越低越好 | $1.5B | $84.0M |
| 股东权益账面价值 | $3.1B | $542.6M |
| 总资产 | $8.0B | $707.1M |
| 负债/权益比越低杠杆越低 | 0.48× | 0.15× |
8季度趋势，按日历期对齐
现金及短期投资LTHOSW
| Q4 25 | $204.8M | $16.3M | ||
| Q3 25 | $218.9M | $29.6M | ||
| Q2 25 | $175.5M | $35.0M | ||
| Q1 25 | $59.0M | $22.6M | ||
| Q4 24 | $10.9M | $57.4M | ||
| Q3 24 | $120.9M | $48.8M | ||
| Q2 24 | $34.5M | $62.5M | ||
| Q1 24 | $18.6M | $65.4M |
总债务LTHOSW
| Q4 25 | $1.5B | $84.0M | ||
| Q3 25 | $1.5B | $85.2M | ||
| Q2 25 | $1.5B | $96.2M | ||
| Q1 25 | $1.5B | $97.4M | ||
| Q4 24 | $1.5B | $98.6M | ||
| Q3 24 | $1.7B | $98.7M | ||
| Q2 24 | $1.8B | $123.8M | ||
| Q1 24 | $2.0B | $138.6M |
股东权益LTHOSW
| Q4 25 | $3.1B | $542.6M | ||
| Q3 25 | $3.0B | $552.8M | ||
| Q2 25 | $2.9B | $548.3M | ||
| Q1 25 | $2.7B | $530.6M | ||
| Q4 24 | $2.6B | $554.5M | ||
| Q3 24 | $2.6B | $540.1M | ||
| Q2 24 | $2.4B | $532.7M | ||
| Q1 24 | $2.3B | $515.5M |
总资产LTHOSW
| Q4 25 | $8.0B | $707.1M | ||
| Q3 25 | $7.8B | $732.6M | ||
| Q2 25 | $7.6B | $731.8M | ||
| Q1 25 | $7.3B | $708.7M | ||
| Q4 24 | $7.2B | $746.4M | ||
| Q3 24 | $7.2B | $734.0M | ||
| Q2 24 | $7.1B | $756.8M | ||
| Q1 24 | $7.1B | $763.6M |
负债/权益比LTHOSW
| Q4 25 | 0.48× | 0.15× | ||
| Q3 25 | 0.51× | 0.15× | ||
| Q2 25 | 0.53× | 0.18× | ||
| Q1 25 | 0.56× | 0.18× | ||
| Q4 24 | 0.59× | 0.18× | ||
| Q3 24 | 0.64× | 0.18× | ||
| Q2 24 | 0.78× | 0.23× | ||
| Q1 24 | 0.87× | 0.27× |
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 | $20.0M |
| 自由现金流经营现金流 - 资本支出 | $-64.6M | $14.9M |
| 自由现金流率自由现金流/营收 | -8.7% | 6.2% |
| 资本支出强度资本支出/营收 | 40.9% | 2.1% |
| 现金转化率经营现金流/净利润 | 1.95× | 1.65× |
| 过去12个月自由现金流最近4个季度 | $-21.0M | $68.4M |
8季度趋势，按日历期对齐
经营现金流LTHOSW
| Q4 25 | $239.9M | $20.0M | ||
| Q3 25 | $251.1M | $33.2M | ||
| Q2 25 | $195.7M | $20.3M | ||
| Q1 25 | $183.9M | $10.1M | ||
| Q4 24 | $163.1M | $16.6M | ||
| Q3 24 | $151.1M | $28.6M | ||
| Q2 24 | $170.4M | $18.7M | ||
| Q1 24 | $90.4M | $15.0M |
自由现金流LTHOSW
| Q4 25 | $-64.6M | $14.9M | ||
| Q3 25 | $28.6M | $27.6M | ||
| Q2 25 | $-26.3M | $17.6M | ||
| Q1 25 | $41.4M | $8.4M | ||
| Q4 24 | $26.8M | $13.2M | ||
| Q3 24 | $64.0M | $27.5M | ||
| Q2 24 | $26.1M | $17.6M | ||
| Q1 24 | $-66.4M | $13.7M |
自由现金流率LTHOSW
| Q4 25 | -8.7% | 6.2% | ||
| Q3 25 | 3.7% | 10.7% | ||
| Q2 25 | -3.5% | 7.3% | ||
| Q1 25 | 5.9% | 3.8% | ||
| Q4 24 | 4.0% | 6.1% | ||
| Q3 24 | 9.2% | 11.4% | ||
| Q2 24 | 3.9% | 7.8% | ||
| Q1 24 | -11.1% | 6.5% |
资本支出强度LTHOSW
| Q4 25 | 40.9% | 2.1% | ||
| Q3 25 | 28.4% | 2.2% | ||
| Q2 25 | 29.2% | 1.1% | ||
| Q1 25 | 20.2% | 0.8% | ||
| Q4 24 | 20.6% | 1.5% | ||
| Q3 24 | 12.6% | 0.5% | ||
| Q2 24 | 21.6% | 0.5% | ||
| Q1 24 | 26.3% | 0.6% |
现金转化率LTHOSW
| Q4 25 | 1.95× | 1.65× | ||
| Q3 25 | 2.45× | 1.36× | ||
| Q2 25 | 2.71× | 1.02× | ||
| Q1 25 | 2.41× | 0.66× | ||
| Q4 24 | 4.39× | 1.15× | ||
| Q3 24 | 3.65× | 1.33× | ||
| Q2 24 | 3.23× | 1.19× | ||
| Q1 24 | 3.63× | 0.71× |
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% |
OSW
| Services | $197.3M | 82% |
| Products | $44.8M | 18% |
