vs
Life Time Group Holdings, Inc.（LTH）与RXO, Inc.（RXO）财务数据对比。点击上方公司名可切换其他公司
RXO, Inc.的季度营收约是Life Time Group Holdings, Inc.的2.0倍（$1.5B vs $745.1M），Life Time Group Holdings, Inc.净利率更高（16.5% vs -3.1%，领先19.6%），Life Time Group Holdings, Inc.同比增速更快（12.3% vs -11.9%），RXO, Inc.自由现金流更多（$-9.0M vs $-64.6M），过去两年RXO, Inc.的营收复合增速更高（26.8% vs 11.7%）
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。
RXO是总部位于美国的头部运输及物流解决方案供应商，核心业务覆盖货运经纪、大件商品最后一公里配送、运输管理服务与全链路供应链优化支持，主要服务北美制造业、零售业及电商领域的客户。
LTH vs RXO — 直观对比
营收规模更大
RXO
是对方的2.0倍
$745.1M
营收增速更快
LTH
高出24.2%
-11.9%
净利率更高
LTH
高出19.6%
-3.1%
自由现金流更多
RXO
多$55.6M
$-64.6M
两年增速更快
RXO
近两年复合增速
11.7%
损益表 — Q4 FY2025 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $745.1M | $1.5B |
| 净利润 | $123.0M | $-46.0M |
| 毛利率 | 49.1% | — |
| 营业利润率 | 17.4% | -2.9% |
| 净利率 | 16.5% | -3.1% |
| 营收同比 | 12.3% | -11.9% |
| 净利润同比 | 231.0% | -84.0% |
| 每股收益（稀释后） | $0.55 | $-0.28 |
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LTHRXO
| Q4 25 | $745.1M | $1.5B | ||
| Q3 25 | $782.6M | $1.4B | ||
| Q2 25 | $761.5M | $1.4B | ||
| Q1 25 | $706.0M | $1.4B | ||
| Q4 24 | $663.3M | $1.7B | ||
| Q3 24 | $693.2M | $1.0B | ||
| Q2 24 | $667.8M | $930.0M | ||
| Q1 24 | $596.7M | $913.0M |
净利润LTHRXO
| Q4 25 | $123.0M | $-46.0M | ||
| Q3 25 | $102.4M | $-14.0M | ||
| Q2 25 | $72.1M | $-9.0M | ||
| Q1 25 | $76.1M | $-31.0M | ||
| Q4 24 | $37.2M | $-25.0M | ||
| Q3 24 | $41.4M | $-243.0M | ||
| Q2 24 | $52.8M | $-7.0M | ||
| Q1 24 | $24.9M | $-15.0M |
毛利率LTHRXO
| 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LTHRXO
| Q4 25 | 17.4% | -2.9% | ||
| Q3 25 | 17.3% | -0.5% | ||
| Q2 25 | 14.2% | — | ||
| Q1 25 | 15.2% | -2.1% | ||
| Q4 24 | 13.1% | -1.4% | ||
| Q3 24 | 13.5% | -1.9% | ||
| Q2 24 | 15.7% | — | ||
| Q1 24 | 12.1% | -1.3% |
净利率LTHRXO
| Q4 25 | 16.5% | -3.1% | ||
| Q3 25 | 13.1% | -1.0% | ||
| Q2 25 | 9.5% | -0.6% | ||
| Q1 25 | 10.8% | -2.2% | ||
| Q4 24 | 5.6% | -1.5% | ||
| Q3 24 | 6.0% | -23.4% | ||
| Q2 24 | 7.9% | -0.8% | ||
| Q1 24 | 4.2% | -1.6% |
每股收益（稀释后）LTHRXO
| Q4 25 | $0.55 | $-0.28 | ||
| Q3 25 | $0.45 | $-0.08 | ||
| Q2 25 | $0.32 | $-0.05 | ||
| Q1 25 | $0.34 | $-0.18 | ||
| Q4 24 | $0.17 | $-0.17 | ||
| Q3 24 | $0.19 | $-1.81 | ||
| Q2 24 | $0.26 | $-0.06 | ||
| Q1 24 | $0.12 | $-0.13 |
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 | $17.0M |
| 总债务越低越好 | $1.5B | $387.0M |
| 股东权益账面价值 | $3.1B | $1.5B |
| 总资产 | $8.0B | $3.3B |
| 负债/权益比越低杠杆越低 | 0.48× | 0.25× |
8季度趋势，按日历期对齐
现金及短期投资LTHRXO
| Q4 25 | $204.8M | $17.0M | ||
| Q3 25 | $218.9M | $25.0M | ||
| Q2 25 | $175.5M | $18.0M | ||
| Q1 25 | $59.0M | $16.0M | ||
| Q4 24 | $10.9M | $35.0M | ||
| Q3 24 | $120.9M | $55.0M | ||
| Q2 24 | $34.5M | $7.0M | ||
| Q1 24 | $18.6M | $7.0M |
总债务LTHRXO
| Q4 25 | $1.5B | $387.0M | ||
| Q3 25 | $1.5B | $387.0M | ||
| Q2 25 | $1.5B | $387.0M | ||
| Q1 25 | $1.5B | $387.0M | ||
| Q4 24 | $1.5B | $351.0M | ||
| Q3 24 | $1.7B | $352.0M | ||
| Q2 24 | $1.8B | $370.0M | ||
| Q1 24 | $2.0B | $351.0M |
股东权益LTHRXO
| Q4 25 | $3.1B | $1.5B | ||
| Q3 25 | $3.0B | $1.6B | ||
| Q2 25 | $2.9B | $1.6B | ||
| Q1 25 | $2.7B | $1.6B | ||
| Q4 24 | $2.6B | $1.6B | ||
| Q3 24 | $2.6B | $1.7B | ||
| Q2 24 | $2.4B | $579.0M | ||
| Q1 24 | $2.3B | $582.0M |
总资产LTHRXO
| Q4 25 | $8.0B | $3.3B | ||
| Q3 25 | $7.8B | $3.2B | ||
| Q2 25 | $7.6B | $3.2B | ||
| Q1 25 | $7.3B | $3.3B | ||
| Q4 24 | $7.2B | $3.4B | ||
| Q3 24 | $7.2B | $3.4B | ||
| Q2 24 | $7.1B | $1.8B | ||
| Q1 24 | $7.1B | $1.8B |
负债/权益比LTHRXO
| Q4 25 | 0.48× | 0.25× | ||
| Q3 25 | 0.51× | 0.24× | ||
| Q2 25 | 0.53× | 0.24× | ||
| Q1 25 | 0.56× | 0.24× | ||
| Q4 24 | 0.59× | 0.22× | ||
| Q3 24 | 0.64× | 0.21× | ||
| Q2 24 | 0.78× | 0.64× | ||
| Q1 24 | 0.87× | 0.60× |
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 | $7.0M |
| 自由现金流经营现金流 - 资本支出 | $-64.6M | $-9.0M |
| 自由现金流率自由现金流/营收 | -8.7% | -0.6% |
| 资本支出强度资本支出/营收 | 40.9% | 1.1% |
| 现金转化率经营现金流/净利润 | 1.95× | — |
| 过去12个月自由现金流最近4个季度 | $-21.0M | $-8.0M |
8季度趋势，按日历期对齐
经营现金流LTHRXO
| Q4 25 | $239.9M | $7.0M | ||
| Q3 25 | $251.1M | $23.0M | ||
| Q2 25 | $195.7M | $23.0M | ||
| Q1 25 | $183.9M | $-2.0M | ||
| Q4 24 | $163.1M | $-7.0M | ||
| Q3 24 | $151.1M | $-7.0M | ||
| Q2 24 | $170.4M | $-5.0M | ||
| Q1 24 | $90.4M | $7.0M |
自由现金流LTHRXO
| Q4 25 | $-64.6M | $-9.0M | ||
| Q3 25 | $28.6M | $9.0M | ||
| Q2 25 | $-26.3M | $9.0M | ||
| Q1 25 | $41.4M | $-17.0M | ||
| Q4 24 | $26.8M | $-19.0M | ||
| Q3 24 | $64.0M | $-18.0M | ||
| Q2 24 | $26.1M | $-16.0M | ||
| Q1 24 | $-66.4M | $-4.0M |
自由现金流率LTHRXO
| Q4 25 | -8.7% | -0.6% | ||
| Q3 25 | 3.7% | 0.6% | ||
| Q2 25 | -3.5% | 0.6% | ||
| Q1 25 | 5.9% | -1.2% | ||
| Q4 24 | 4.0% | -1.1% | ||
| Q3 24 | 9.2% | -1.7% | ||
| Q2 24 | 3.9% | -1.7% | ||
| Q1 24 | -11.1% | -0.4% |
资本支出强度LTHRXO
| Q4 25 | 40.9% | 1.1% | ||
| Q3 25 | 28.4% | 1.0% | ||
| Q2 25 | 29.2% | 1.0% | ||
| Q1 25 | 20.2% | 1.0% | ||
| Q4 24 | 20.6% | 0.7% | ||
| Q3 24 | 12.6% | 1.1% | ||
| Q2 24 | 21.6% | 1.2% | ||
| Q1 24 | 26.3% | 1.2% |
现金转化率LTHRXO
| Q4 25 | 1.95× | — | ||
| Q3 25 | 2.45× | — | ||
| 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% |
RXO
| Retail Sector | $546.0M | 37% |
| Last Mile | $298.0M | 20% |
| Food And Beverage Sector | $225.0M | 15% |
| Other Sector | $185.0M | 13% |
| Managed Transportation | $133.0M | 9% |
| Automotive Sector | $93.0M | 6% |
