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Life Time Group Holdings Inc's Business Segments
Life Time Group Holdings Inc's reported revenue by business segment and by geographic region, quarterly and annual, normalized against the consolidated income statement. Free below: the top 3 rows per table, this quarter and this fiscal year. Subscriber access adds the full segment history and operating income by segment.
Segment Data As of FY
Reportable Segments
4
Largest Segment
Center Revenue
Total Revenue
$ 866
Regions Reported
-
Revenue Share by Reportable Segment - FY
- Center Revenue88.6%
- Membership dues and enrollment fees64.8%
- In-center revenue23.8%
- Other Revenue Services transferred over time2.4%
Revenue by Reportable Segment - FY
| Segment | Revenue (Millions) | % of Total |
|---|---|---|
| Center Revenue | $ 768 | 88.6% |
| Membership dues and enrollment fees | $ 561 | 64.8% |
| In-center revenue | $ 206 | 23.8% |
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Revenue by Product & Service Category - FY
- Center97.3%
- Membership71.2%
- In-Center26.1%
- Product and Service, Other2.7%
Revenue by Product & Service Category - FY
| Category | Revenue (Millions) | % of Total |
|---|---|---|
| Center | $ 768 | 97.3% |
| Membership | $ 561 | 71.2% |
| In-Center | $ 206 | 26.1% |
Product and service categories are a supplemental disclosure and are not required to sum to consolidated revenue or to the reportable segments above.
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Annual Results
Revenue Share by Reportable Segment - FY
- Center Revenue88.6%
- Membership dues and enrollment fees64.8%
- In-center revenue23.8%
- Other Revenue Services transferred over time2.4%
Revenue by Reportable Segment - FY
| Segment | Revenue (Millions) | % of Total |
|---|---|---|
| Center Revenue | $ 768 | 88.6% |
| Membership dues and enrollment fees | $ 561 | 64.8% |
| In-center revenue | $ 206 | 23.8% |
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Description of Life Time Group Holdings Inc
Life Time is a prominent lifestyle brand that provides a community with superior health, fitness, and wellness activities. Since its inception about 30 years ago, we have strived to provide our members with the greatest facilities, activities, and performances in order to help them live healthy and happy lives. We provide high-quality experiences through our omni-channel physical and digital ecosystem, which spans 29 states in the United States and one province in Canada and comprises more than 150 unique, resort-style sporting venues.
Life Time Group Holdings Inc. is a prominent player in the health and wellness industry, primarily operating in the United States and Canada. The company offers a comprehensive array of segments, products, and services designed to meet a variety of fitness, health, and lifestyle needs.
Segments
1. Fitness Centers: Life Time operates a chain of premium fitness centers, known as Life Time Athletic, positioned as high-end facilities that provide a range of fitness options and amenities. These centers cater to a diverse clientele seeking a comprehensive fitness experience.
2. Wellness and Spa Services: In addition to fitness, Life Time provides wellness and spa services, focusing on holistic health. This includes offerings such as massages, facials, and skincare treatments that aim to nurture both physical and mental well-being.
3. Nutrition and Health Coaching: Life Time emphasizes nutrition as an integral part of health and fitness. The organization offers personalized nutrition plans, wellness programs, and health coaching to help individuals achieve their health goals through sustainable practices.
4. Youth Programs: Life Time places a significant focus on youth engagement through its range of programs designed for children and teens. These programs promote fitness, sports development, and wellness education from an early age, fostering a lifelong commitment to health.
5. Corporate Wellness Programs: The company provides corporate wellness solutions aiming to enhance workplace health. These programs often include fitness challenges, health screenings, and customized wellness plans tailored to meet the needs of organizations and their employees.
6. Events and Community Engagement: Life Time hosts a variety of events that promote fitness and community involvement. These can include races, competitions, and various challenges that encourage participation and community building among members and guests.
Products and Services
1. Membership Plans: Life Time offers multiple tiers of membership that cater to the different needs of individuals, families, and corporate groups. Plans often include access to fitness equipment, group exercise classes, recreational swimming, and spa facilities.
2. Group Fitness Classes: A significant portion of Life Time’s offerings is dedicated to group fitness classes. These classes range from traditional workouts like yoga and pilates to high-intensity interval training (HIIT) and cycling, designed to cater to a variety of fitness levels and preferences.
3. Personal Training: Life Time provides one-on-one personal training services tailored to individual fitness goals. Professional trainers assist members in creating customized training regimens, ensuring they are effectively working towards their health objectives.
4. Nutrition Programs: The organization offers distinct nutrition programs that range from meal planning to extensive dietary consultations. These programs are designed to educate members on healthy eating habits and enable them to make informed dietary choices.
5. Fitness Tracking and Technology: Life Time integrates technology into its offerings with fitness tracking tools and apps that enable members to monitor their progress, schedule classes, and engage with trainers and wellness coaches.
6. Retail Products: Many Life Time facilities include retail sections that offer health-focused products such as supplements, fitness apparel, workout gear, and health-related gadgets designed to enhance the overall fitness experience.
Spa Services: Their wellness centers often include spa services that offer massages, skin treatments, and other relaxational services, promoting a balance between fitness and recovery.
8. Family and Youth Activities: Life Time creates dedicated space and programs for families and children, including kid-friendly fitness classes, camps, and swim lessons, ensuring that fitness can be a fun and engaging family activity.
Conclusion
Life Time Group Holdings Inc. exemplifies a holistic approach to fitness and wellness, offering diverse programs and services that cater to a wide spectrum of clients. Their commitment to providing premium experiences in fitness, wellness, and community engagement positions them as a leader in the health and wellness industry. The breadth of their offerings demonstrates a strong dedication to enhancing the quality of life for their members through comprehensive health solutions.
Segments
1. Fitness Centers: Life Time operates a chain of premium fitness centers, known as Life Time Athletic, positioned as high-end facilities that provide a range of fitness options and amenities. These centers cater to a diverse clientele seeking a comprehensive fitness experience.
2. Wellness and Spa Services: In addition to fitness, Life Time provides wellness and spa services, focusing on holistic health. This includes offerings such as massages, facials, and skincare treatments that aim to nurture both physical and mental well-being.
3. Nutrition and Health Coaching: Life Time emphasizes nutrition as an integral part of health and fitness. The organization offers personalized nutrition plans, wellness programs, and health coaching to help individuals achieve their health goals through sustainable practices.
4. Youth Programs: Life Time places a significant focus on youth engagement through its range of programs designed for children and teens. These programs promote fitness, sports development, and wellness education from an early age, fostering a lifelong commitment to health.
5. Corporate Wellness Programs: The company provides corporate wellness solutions aiming to enhance workplace health. These programs often include fitness challenges, health screenings, and customized wellness plans tailored to meet the needs of organizations and their employees.
6. Events and Community Engagement: Life Time hosts a variety of events that promote fitness and community involvement. These can include races, competitions, and various challenges that encourage participation and community building among members and guests.
Products and Services
1. Membership Plans: Life Time offers multiple tiers of membership that cater to the different needs of individuals, families, and corporate groups. Plans often include access to fitness equipment, group exercise classes, recreational swimming, and spa facilities.
2. Group Fitness Classes: A significant portion of Life Time’s offerings is dedicated to group fitness classes. These classes range from traditional workouts like yoga and pilates to high-intensity interval training (HIIT) and cycling, designed to cater to a variety of fitness levels and preferences.
3. Personal Training: Life Time provides one-on-one personal training services tailored to individual fitness goals. Professional trainers assist members in creating customized training regimens, ensuring they are effectively working towards their health objectives.
4. Nutrition Programs: The organization offers distinct nutrition programs that range from meal planning to extensive dietary consultations. These programs are designed to educate members on healthy eating habits and enable them to make informed dietary choices.
5. Fitness Tracking and Technology: Life Time integrates technology into its offerings with fitness tracking tools and apps that enable members to monitor their progress, schedule classes, and engage with trainers and wellness coaches.
6. Retail Products: Many Life Time facilities include retail sections that offer health-focused products such as supplements, fitness apparel, workout gear, and health-related gadgets designed to enhance the overall fitness experience.
Spa Services: Their wellness centers often include spa services that offer massages, skin treatments, and other relaxational services, promoting a balance between fitness and recovery.
8. Family and Youth Activities: Life Time creates dedicated space and programs for families and children, including kid-friendly fitness classes, camps, and swim lessons, ensuring that fitness can be a fun and engaging family activity.
Conclusion
Life Time Group Holdings Inc. exemplifies a holistic approach to fitness and wellness, offering diverse programs and services that cater to a wide spectrum of clients. Their commitment to providing premium experiences in fitness, wellness, and community engagement positions them as a leader in the health and wellness industry. The breadth of their offerings demonstrates a strong dedication to enhancing the quality of life for their members through comprehensive health solutions.