For the year ending 2025-12-31, LTH had $204,291K increase in cash & cash equivalents over the period. -$20,958K in free cash flow.
| Cash Flow | 2025-12-31 | 2024-12-31 | 2023-12-31 | 2022-12-31 |
|---|---|---|---|---|
| Net income | 373,671 | 156,240 | 76,063 | -1,793 |
| Depreciation and amortization | 296,345 | 274,681 | 244,397 | 228,883 |
| Write-off of debt discounts and issuance costs | - | - | 0 | 0 |
| Deferred income taxes | 87,492 | 29,457 | 14,577 | -13,560 |
| Share-based compensation | 51,750 | 51,034 | 50,144 | 37,291 |
| Non-cashrent expense | 32,497 | 33,739 | 37,544 | 38,534 |
| Impairment charges associated with long-lived assets | 9,352 | 11,018 | 14,466 | - |
| (gain) loss on disposal of property and equipment, net | 12,165 | 6,794 | -14,089 | 99,974 |
| Impairment charges associated with long-lived assets | - | - | - | 2,062 |
| Loss on debt extinguishment | 0 | -13,839 | 0 | 0 |
| Amortization of debt discounts and issuance costs | 3,659 | 7,002 | 7,821 | 7,873 |
| Changes in operating assets and liabilities | -29,487 | -2,387 | -6,465 | -3,372 |
| Other | -1,563 | 2,514 | -2,562 | -1,719 |
| Net cash provided by operating activities | 870,525 | 575,117 | 463,004 | 200,969 |
| Proceeds from the sale of land held for sale | - | - | - | 0 |
| Proceeds from sale-leaseback transactions | - | - | 121,831 | 351,850 |
| Capital expenditures | 891,483 | 524,535 | 693,902 | 591,178 |
| Acquisitions, net of cash acquired | 0 | 0 | 5,708 | 0 |
| Proceeds from sale-leaseback transactions | 227,424 | 207,421 | - | - |
| Proceeds from the sale of land | 0 | 15,577 | - | - |
| Other | 21,676 | -8,793 | -3,619 | 4,214 |
| Net cash used in investing activities | -685,735 | -292,744 | -574,160 | -243,542 |
| Proceeds from borrowings | 0 | 1,500,000 | 44,291 | 20,084 |
| Repayments of debt | 20,080 | 411,766 | 15,026 | 25,644 |
| Proceeds from revolving credit facility | 220,000 | 1,225,000 | 1,376,000 | 805,000 |
| Repayments of revolving credit facility | 230,000 | 1,305,000 | 1,306,000 | 785,000 |
| Purchase of u.s. government obligations for the satisfaction and discharge of debt | 0 | 1,424,467 | - | - |
| Repayments of finance lease liabilities | 2,006 | 926 | 1,031 | 1,404 |
| Proceeds from financing obligations | 10,300 | 4,300 | 1,500 | - |
| Payments of debt discounts and issuance costs | 628 | 22,325 | 3,050 | 43 |
| Proceeds from the issuance of common stock, net of issuance costs | 0 | 123,964 | 0 | 0 |
| Proceeds from stock option exercises | 42,487 | 25,933 | 15,770 | 3,755 |
| Proceeds from issuances of common stock in connection with the employee stock purchase plan | 4,290 | 2,818 | 3,479 | - |
| Proceeds from financing obligations | - | - | - | 21,350 |
| Other | -4,975 | -1,916 | -381 | -1,300 |
| Net cash provided by (used in) financing activities | 19,388 | -284,385 | 115,552 | 36,798 |
| Effect of exchange rate on cash and cash equivalents and restricted cash and cash equivalents | 113 | -76 | 61 | -353 |
| Increase (decrease) in cash and cash equivalents and restricted cash and cash equivalents | 204,291 | -2,088 | 4,457 | -6,128 |
| Cash and cash equivalents and restricted cash and cash equivalents beginning of period | 27,878 | - | - | - |
| Cash and cash equivalents and restricted cash and cash equivalents end of period | 232,169 | - | - | - |
Life Time Group Holdings, Inc. (LTH)
Life Time Group Holdings, Inc. (LTH)