LTH vs YETI: Life Time Group and YETI compared
The short version
From the latest prices and each company's SEC filings. Who's ahead on each measure, not which to buy.
- Life Time Group is the larger company, worth $8.8B, about 2.5 times YETI.
- Life Time Group grew revenue faster over the last year (+13.7% vs +8.5%).
- Life Time Group keeps more of each dollar of revenue as operating profit (17.3% vs 12.2%).
- On earnings, Life Time Group is the cheaper stock (23.1x vs 23.7x).
Side by side
The stronger figure is shaded where higher (or, for valuation multiples, lower) reads as better. How the implied growth works.
| Measure | LTH | YETI |
|---|---|---|
| Market cap | $8.8B | $3.5B |
| Share price | $40.62 | $39.79 |
| Revenue (last fiscal year) | $3.0B | $1.9B |
| Free cash flow (last fiscal year) | -$21M | $212M |
| Revenue growth, last year | +13.7% | +8.5% |
| Revenue growth per year, last 5 fiscal years | +22.8% | +7.3% |
| Operating margin | 17.3% | 12.2% |
| Net margin | 13.0% | 9.2% |
| Return on equity | 12.6% | 29.3% |
| P/E (trailing) | 23.1x | 23.7x |
| Price / free cash flow | — | 16.6x |
| EV / EBITDA | 14.5x | 12.3x |
| FCF growth the price implies | — | 2.5% |
| Dividend yield | — | — |
| Debt / equity | 1.53x | 1.14x |
| Fundamental grade | C | B |
| Superinvestors holding it | 2 | 5 |
| Insider purchases, last 12 months | 0 | 0 |
Results from SEC filings
Revenue and free cash flow by fiscal year, from each company's 10-K filings.
Life Time Group
| Year | Revenue | Free cash flow | Op. margin |
|---|---|---|---|
| 2021 | $1.3B | -$349M | -37.6% |
| 2022 | $1.8B | -$390M | 6.1% |
| 2023 | $2.2B | -$235M | 10.2% |
| 2024 | $2.6B | $51M | 13.6% |
| 2025 | $3.0B | -$21M | 16.1% |
YETI
| Year | Revenue | Free cash flow | Op. margin |
|---|---|---|---|
| 2021 | $1.4B | $90M | 19.5% |
| 2022 | $1.6B | $55M | 7.9% |
| 2023 | $1.7B | $235M | 13.6% |
| 2024 | $1.8B | $220M | 13.4% |
| 2025 | $1.9B | $212M | 11.4% |
Where the revenue comes from
Life Time Group · by products, 2025
Membership dues and enrollment fees$2.1B70%
In-center revenue$797M27%
Other revenue$87M3%
YETI · by products, 2025
Drinkware$1.1B58%
Coolers & Equipment$749M40%
Other$34M2%
Compare them in fullFifteen years of statements, quarterly results, DCF and IRR models, and any number of peers side by side.
Open LTH in InvestinglyQuestions
Which is bigger, Life Time Group or YETI?
Life Time Group (LTH), at $8.8B against $3.5B.
Is LTH or YETI cheaper?
By trailing P/E, Life Time Group (23.1x) is cheaper than YETI (23.7x). A lower multiple can also mean the market expects less growth.
Which grows faster, LTH or YETI?
Life Time Group: revenue grew +13.7% over the last year, against +8.5%.
Prices and ratios as of the last daily update; statements from SEC filings. Information only, not investment advice.