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Life Time Group Holdings, Inc.（LTH）与Qnity Electronics, Inc.（Q）财务数据对比。点击上方公司名可切换其他公司
Qnity Electronics, Inc.的季度营收约是Life Time Group Holdings, Inc.的1.7倍（$1.3B vs $745.1M），Qnity Electronics, Inc.净利率更高（16.5% vs 16.5%，领先0.0%），Life Time Group Holdings, Inc.同比增速更快（12.3% vs 11.1%），Qnity Electronics, Inc.自由现金流更多（$568.0M vs $-64.6M）
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 Q — 直观对比
营收规模更大
Q
是对方的1.7倍
$745.1M
营收增速更快
LTH
高出1.2%
11.1%
净利率更高
Q
高出0.0%
16.5%
自由现金流更多
Q
多$632.6M
$-64.6M
损益表 — Q4 FY2025 vs Q3 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $745.1M | $1.3B |
| 净利润 | $123.0M | $211.0M |
| 毛利率 | 49.1% | 45.1% |
| 营业利润率 | 17.4% | 21.3% |
| 净利率 | 16.5% | 16.5% |
| 营收同比 | 12.3% | 11.1% |
| 净利润同比 | 231.0% | 6.0% |
| 每股收益（稀释后） | $0.55 | $1.01 |
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LTHQ
| Q4 25 | $745.1M | — | ||
| Q3 25 | $782.6M | $1.3B | ||
| Q2 25 | $761.5M | — | ||
| Q1 25 | $706.0M | — | ||
| Q4 24 | $663.3M | — | ||
| Q3 24 | $693.2M | $1.1B | ||
| Q2 24 | $667.8M | — | ||
| Q1 24 | $596.7M | — |
净利润LTHQ
| Q4 25 | $123.0M | — | ||
| Q3 25 | $102.4M | $211.0M | ||
| Q2 25 | $72.1M | — | ||
| Q1 25 | $76.1M | — | ||
| Q4 24 | $37.2M | — | ||
| Q3 24 | $41.4M | $199.0M | ||
| Q2 24 | $52.8M | — | ||
| Q1 24 | $24.9M | — |
毛利率LTHQ
| Q4 25 | 49.1% | — | ||
| Q3 25 | 47.1% | 45.1% | ||
| Q2 25 | 47.0% | — | ||
| Q1 25 | 47.5% | — | ||
| Q4 24 | 48.2% | — | ||
| Q3 24 | 46.5% | 47.0% | ||
| Q2 24 | 46.8% | — | ||
| Q1 24 | 46.1% | — |
营业利润率LTHQ
| Q4 25 | 17.4% | — | ||
| Q3 25 | 17.3% | 21.3% | ||
| Q2 25 | 14.2% | — | ||
| Q1 25 | 15.2% | — | ||
| Q4 24 | 13.1% | — | ||
| Q3 24 | 13.5% | 21.8% | ||
| Q2 24 | 15.7% | — | ||
| Q1 24 | 12.1% | — |
净利率LTHQ
| Q4 25 | 16.5% | — | ||
| Q3 25 | 13.1% | 16.5% | ||
| Q2 25 | 9.5% | — | ||
| Q1 25 | 10.8% | — | ||
| Q4 24 | 5.6% | — | ||
| Q3 24 | 6.0% | 17.3% | ||
| Q2 24 | 7.9% | — | ||
| Q1 24 | 4.2% | — |
每股收益（稀释后）LTHQ
| Q4 25 | $0.55 | — | ||
| Q3 25 | $0.45 | $1.01 | ||
| Q2 25 | $0.32 | — | ||
| Q1 25 | $0.34 | — | ||
| Q4 24 | $0.17 | — | ||
| Q3 24 | $0.19 | $0.95 | ||
| Q2 24 | $0.26 | — | ||
| Q1 24 | $0.12 | — |
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 | $128.0M |
| 总债务越低越好 | $1.5B | $1.7B |
| 股东权益账面价值 | $3.1B | $9.1B |
| 总资产 | $8.0B | $12.5B |
| 负债/权益比越低杠杆越低 | 0.48× | 0.19× |
8季度趋势，按日历期对齐
现金及短期投资LTHQ
| Q4 25 | $204.8M | — | ||
| Q3 25 | $218.9M | $128.0M | ||
| Q2 25 | $175.5M | — | ||
| Q1 25 | $59.0M | — | ||
| Q4 24 | $10.9M | — | ||
| Q3 24 | $120.9M | — | ||
| Q2 24 | $34.5M | — | ||
| Q1 24 | $18.6M | — |
总债务LTHQ
| Q4 25 | $1.5B | — | ||
| Q3 25 | $1.5B | $1.7B | ||
| Q2 25 | $1.5B | — | ||
| Q1 25 | $1.5B | — | ||
| Q4 24 | $1.5B | — | ||
| Q3 24 | $1.7B | — | ||
| Q2 24 | $1.8B | — | ||
| Q1 24 | $2.0B | — |
股东权益LTHQ
| Q4 25 | $3.1B | — | ||
| Q3 25 | $3.0B | $9.1B | ||
| Q2 25 | $2.9B | — | ||
| Q1 25 | $2.7B | — | ||
| Q4 24 | $2.6B | — | ||
| Q3 24 | $2.6B | $11.1B | ||
| Q2 24 | $2.4B | — | ||
| Q1 24 | $2.3B | — |
总资产LTHQ
| Q4 25 | $8.0B | — | ||
| Q3 25 | $7.8B | $12.5B | ||
| Q2 25 | $7.6B | — | ||
| Q1 25 | $7.3B | — | ||
| Q4 24 | $7.2B | — | ||
| Q3 24 | $7.2B | — | ||
| Q2 24 | $7.1B | — | ||
| Q1 24 | $7.1B | — |
负债/权益比LTHQ
| Q4 25 | 0.48× | — | ||
| Q3 25 | 0.51× | 0.19× | ||
| Q2 25 | 0.53× | — | ||
| Q1 25 | 0.56× | — | ||
| Q4 24 | 0.59× | — | ||
| Q3 24 | 0.64× | — | ||
| Q2 24 | 0.78× | — | ||
| Q1 24 | 0.87× | — |
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 | $782.0M |
| 自由现金流经营现金流 - 资本支出 | $-64.6M | $568.0M |
| 自由现金流率自由现金流/营收 | -8.7% | 44.5% |
| 资本支出强度资本支出/营收 | 40.9% | 16.8% |
| 现金转化率经营现金流/净利润 | 1.95× | 3.71× |
| 过去12个月自由现金流最近4个季度 | $-21.0M | — |
8季度趋势，按日历期对齐
经营现金流LTHQ
| Q4 25 | $239.9M | — | ||
| Q3 25 | $251.1M | $782.0M | ||
| Q2 25 | $195.7M | — | ||
| Q1 25 | $183.9M | — | ||
| Q4 24 | $163.1M | — | ||
| Q3 24 | $151.1M | — | ||
| Q2 24 | $170.4M | — | ||
| Q1 24 | $90.4M | — |
自由现金流LTHQ
| Q4 25 | $-64.6M | — | ||
| Q3 25 | $28.6M | $568.0M | ||
| Q2 25 | $-26.3M | — | ||
| Q1 25 | $41.4M | — | ||
| Q4 24 | $26.8M | — | ||
| Q3 24 | $64.0M | — | ||
| Q2 24 | $26.1M | — | ||
| Q1 24 | $-66.4M | — |
自由现金流率LTHQ
| Q4 25 | -8.7% | — | ||
| Q3 25 | 3.7% | 44.5% | ||
| Q2 25 | -3.5% | — | ||
| Q1 25 | 5.9% | — | ||
| Q4 24 | 4.0% | — | ||
| Q3 24 | 9.2% | — | ||
| Q2 24 | 3.9% | — | ||
| Q1 24 | -11.1% | — |
资本支出强度LTHQ
| Q4 25 | 40.9% | — | ||
| Q3 25 | 28.4% | 16.8% | ||
| Q2 25 | 29.2% | — | ||
| Q1 25 | 20.2% | — | ||
| Q4 24 | 20.6% | — | ||
| Q3 24 | 12.6% | — | ||
| Q2 24 | 21.6% | — | ||
| Q1 24 | 26.3% | — |
现金转化率LTHQ
| Q4 25 | 1.95× | — | ||
| Q3 25 | 2.45× | 3.71× | ||
| Q2 25 | 2.71× | — | ||
| Q1 25 | 2.41× | — | ||
| Q4 24 | 4.39× | — | ||
| 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% |
Q
| Semiconductor Technologies | $693.0M | 54% |
| Interconnect Solutions | $583.0M | 46% |
