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Life Time Group Holdings, Inc.（LTH）与SSR MINING INC.（SSRM）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SSR MINING INC.的1.5倍（$788.7M vs $521.7M），SSR MINING INC.净利率更高（34.8% vs 11.2%，领先23.6%），SSR MINING INC.同比增速更快（61.4% vs 11.7%），SSR MINING INC.自由现金流更多（$106.4M vs $-61.2M），过去两年SSR MINING INC.的营收复合增速更高（50.5% vs 8.7%）
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。
SSR Mining Inc.（前身为白银标准资源公司）总部位于美国科罗拉多州丹佛，主营金、银、铜、铅、锌矿产开采，拥有阿根廷最大的银矿，同时在美洲全境及土耳其开展矿产勘探业务。2020年与阿拉瑟黄金合并后迁至丹佛，现任总裁兼首席执行官为罗德尼·P·安塔尔。
LTH vs SSRM — 直观对比
营收规模更大
LTH
是对方的1.5倍
$521.7M
营收增速更快
SSRM
高出49.7%
11.7%
净利率更高
SSRM
高出23.6%
11.2%
自由现金流更多
SSRM
多$167.6M
$-61.2M
两年增速更快
SSRM
近两年复合增速
8.7%
损益表 — Q1 FY2026 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $788.7M | $521.7M |
| 净利润 | $88.1M | $181.5M |
| 毛利率 | — | — |
| 营业利润率 | 17.1% | 38.8% |
| 净利率 | 11.2% | 34.8% |
| 营收同比 | 11.7% | 61.4% |
| 净利润同比 | 15.8% | 3166.6% |
| 每股收益（稀释后） | $0.39 | $0.84 |
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LTHSSRM
| Q1 26 | $788.7M | — | ||
| Q4 25 | $745.1M | $521.7M | ||
| Q3 25 | $782.6M | $385.8M | ||
| Q2 25 | $761.5M | $405.5M | ||
| Q1 25 | $706.0M | $316.6M | ||
| Q4 24 | $663.3M | $323.2M | ||
| Q3 24 | $693.2M | $257.4M | ||
| Q2 24 | $667.8M | $184.8M |
净利润LTHSSRM
| Q1 26 | $88.1M | — | ||
| Q4 25 | $123.0M | $181.5M | ||
| Q3 25 | $102.4M | $65.4M | ||
| Q2 25 | $72.1M | $90.1M | ||
| Q1 25 | $76.1M | $58.8M | ||
| Q4 24 | $37.2M | $5.6M | ||
| Q3 24 | $41.4M | $10.6M | ||
| Q2 24 | $52.8M | $9.7M |
毛利率LTHSSRM
| Q1 26 | — | — | ||
| 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% | — |
营业利润率LTHSSRM
| Q1 26 | 17.1% | — | ||
| Q4 25 | 17.4% | 38.8% | ||
| Q3 25 | 17.3% | 21.6% | ||
| Q2 25 | 14.2% | 26.9% | ||
| Q1 25 | 15.2% | 21.1% | ||
| Q4 24 | 13.1% | 10.6% | ||
| Q3 24 | 13.5% | 3.5% | ||
| Q2 24 | 15.7% | 5.8% |
净利率LTHSSRM
| Q1 26 | 11.2% | — | ||
| Q4 25 | 16.5% | 34.8% | ||
| Q3 25 | 13.1% | 17.0% | ||
| Q2 25 | 9.5% | 22.2% | ||
| Q1 25 | 10.8% | 18.6% | ||
| Q4 24 | 5.6% | 1.7% | ||
| Q3 24 | 6.0% | 4.1% | ||
| Q2 24 | 7.9% | 5.2% |
每股收益（稀释后）LTHSSRM
| Q1 26 | $0.39 | — | ||
| Q4 25 | $0.55 | $0.84 | ||
| Q3 25 | $0.45 | $0.31 | ||
| Q2 25 | $0.32 | $0.42 | ||
| Q1 25 | $0.34 | $0.28 | ||
| Q4 24 | $0.17 | $0.03 | ||
| Q3 24 | $0.19 | $0.05 | ||
| Q2 24 | $0.26 | $0.05 |
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 | $120.0M | $575.6M |
| 总债务越低越好 | $1.5B | — |
| 股东权益账面价值 | $3.2B | $3.5B |
| 总资产 | $8.1B | $6.1B |
| 负债/权益比越低杠杆越低 | 0.46× | — |
8季度趋势，按日历期对齐
现金及短期投资LTHSSRM
| Q1 26 | $120.0M | — | ||
| Q4 25 | $204.8M | $575.6M | ||
| Q3 25 | $218.9M | $445.4M | ||
| Q2 25 | $175.5M | $438.5M | ||
| Q1 25 | $59.0M | $341.3M | ||
| Q4 24 | $10.9M | $417.3M | ||
| Q3 24 | $120.9M | $365.8M | ||
| Q2 24 | $34.5M | $384.4M |
总债务LTHSSRM
| Q1 26 | $1.5B | — | ||
| Q4 25 | $1.5B | — | ||
| Q3 25 | $1.5B | — | ||
| Q2 25 | $1.5B | — | ||
| Q1 25 | $1.5B | — | ||
| Q4 24 | $1.5B | $228.6M | ||
| Q3 24 | $1.7B | $228.3M | ||
| Q2 24 | $1.8B | $228.0M |
股东权益LTHSSRM
| Q1 26 | $3.2B | — | ||
| Q4 25 | $3.1B | $3.5B | ||
| Q3 25 | $3.0B | $3.3B | ||
| Q2 25 | $2.9B | $3.3B | ||
| Q1 25 | $2.7B | $3.2B | ||
| Q4 24 | $2.6B | $3.1B | ||
| Q3 24 | $2.6B | $3.1B | ||
| Q2 24 | $2.4B | $3.1B |
总资产LTHSSRM
| Q1 26 | $8.1B | — | ||
| Q4 25 | $8.0B | $6.1B | ||
| Q3 25 | $7.8B | $5.9B | ||
| Q2 25 | $7.6B | $5.8B | ||
| Q1 25 | $7.3B | $5.6B | ||
| Q4 24 | $7.2B | $5.2B | ||
| Q3 24 | $7.2B | $5.1B | ||
| Q2 24 | $7.1B | $5.2B |
负债/权益比LTHSSRM
| Q1 26 | 0.46× | — | ||
| Q4 25 | 0.48× | — | ||
| Q3 25 | 0.51× | — | ||
| Q2 25 | 0.53× | — | ||
| Q1 25 | 0.56× | — | ||
| Q4 24 | 0.59× | 0.07× | ||
| Q3 24 | 0.64× | 0.07× | ||
| Q2 24 | 0.78× | 0.07× |
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 | $198.8M | $172.1M |
| 自由现金流经营现金流 - 资本支出 | $-61.2M | $106.4M |
| 自由现金流率自由现金流/营收 | -7.8% | 20.4% |
| 资本支出强度资本支出/营收 | 26.0% | 12.6% |
| 现金转化率经营现金流/净利润 | 2.26× | 0.95× |
| 过去12个月自由现金流最近4个季度 | $-123.6M | $241.6M |
8季度趋势，按日历期对齐
经营现金流LTHSSRM
| Q1 26 | $198.8M | — | ||
| Q4 25 | $239.9M | $172.1M | ||
| Q3 25 | $251.1M | $57.2M | ||
| Q2 25 | $195.7M | $157.8M | ||
| Q1 25 | $183.9M | $84.8M | ||
| Q4 24 | $163.1M | $95.0M | ||
| Q3 24 | $151.1M | $-1.3M | ||
| Q2 24 | $170.4M | $-78.1M |
自由现金流LTHSSRM
| Q1 26 | $-61.2M | — | ||
| Q4 25 | $-64.6M | $106.4M | ||
| Q3 25 | $28.6M | $-2.4M | ||
| Q2 25 | $-26.3M | $98.4M | ||
| Q1 25 | $41.4M | $39.3M | ||
| Q4 24 | $26.8M | $56.4M | ||
| Q3 24 | $64.0M | $-34.1M | ||
| Q2 24 | $26.1M | $-116.3M |
自由现金流率LTHSSRM
| Q1 26 | -7.8% | — | ||
| Q4 25 | -8.7% | 20.4% | ||
| Q3 25 | 3.7% | -0.6% | ||
| Q2 25 | -3.5% | 24.3% | ||
| Q1 25 | 5.9% | 12.4% | ||
| Q4 24 | 4.0% | 17.5% | ||
| Q3 24 | 9.2% | -13.2% | ||
| Q2 24 | 3.9% | -62.9% |
资本支出强度LTHSSRM
| Q1 26 | 26.0% | — | ||
| Q4 25 | 40.9% | 12.6% | ||
| Q3 25 | 28.4% | 15.4% | ||
| Q2 25 | 29.2% | 14.7% | ||
| Q1 25 | 20.2% | 14.4% | ||
| Q4 24 | 20.6% | 11.9% | ||
| Q3 24 | 12.6% | 12.7% | ||
| Q2 24 | 21.6% | 20.7% |
现金转化率LTHSSRM
| Q1 26 | 2.26× | — | ||
| Q4 25 | 1.95× | 0.95× | ||
| Q3 25 | 2.45× | 0.87× | ||
| Q2 25 | 2.71× | 1.75× | ||
| Q1 25 | 2.41× | 1.44× | ||
| Q4 24 | 4.39× | 17.10× | ||
| Q3 24 | 3.65× | -0.13× | ||
| Q2 24 | 3.23× | -8.06× |
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
| Center revenue | $767.6M | 97% |
| Other revenue | $21.1M | 3% |
SSRM
| Gold | $369.3M | 71% |
| Concentrate Sales | $124.4M | 24% |
| Other | $19.1M | 4% |
| Lead | $9.0M | 2% |
