| Market Capitalization (Millions $) |
9,467 |
| Shares
Outstanding (Millions) |
227 |
| Employees |
44,000 |
| Revenues (TTM) (Millions $) |
3,078 |
| Net Income (TTM) (Millions $) |
386 |
| Cash Flow (TTM) (Millions $) |
73 |
| Capital Exp. (TTM) (Millions $) |
1,009 |
Business Description
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.
Our opulent sporting complexes, which are spread across both rich suburban and metropolitan areas, encompass more than 15 million square feet. Large workout floors with top-of-the-line equipment, spacious locker rooms, group fitness studios, indoor and outdoor pools and bistros, indoor and outdoor tennis courts, basketball courts, LifeSpa, LifeCaf', and our daycare and Kids Academy learning facilities are all available.
In pursuit of a healthy way of life, weve developed a strong foundation with an active membership base. Expanding the number of our premium centers in an asset-light model that targets higher income members, higher average annual revenue per center membership, and higher returns on invested capital are among the strategies we are implementing to grow our business and drive memberships and revenue per center membership. Were also adopting new tactics to improve member experiences, such as launching new membership categories, delivering concierge-style member services, increasing our omni-channel offerings, and upgrading our in-center services.
We think we will continue to grow our membership base as consumer activity resumes post-pandemic, and by improving member experiences and brand awareness, we will be able to attract new customers and keep current ones for longer. The following initiatives are expected to expand our consumer base:
Personalized experiences are the focus of data-driven, targeted marketing initiatives. Increase personalized experiences, brand exposure, and membership growth through targeted marketing initiatives powered by data analytics, as well as consumer-focused marketing aimed at improving customers health post-pandemic.
Extend and improve your service offerings. Expand and improve our service offerings to attract and maintain members of all ages, including longer daycare hours for children, additional studio programs, and pickleball for the elderly. We think that extending and improving our existing membership offerings with complementary or fee-based services and benefits will continue to drive broader appeal, higher memberships and longer member retention.
Company Address: 2902 Corporate Place Chanhassen 55317 MN
Company Phone Number: 947-0000 Stock Exchange / Ticker: NYSE LTH
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1.53% 
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