Analyst Ratings

Date	Action	Analyst	Rating	Target
Jun-15-26	Reiterated	Guggenheim	Buy	$41
Jun-02-26	Reiterated	RBC Capital	Outperform	$35 → $43
May-07-26	Reiterated	Mizuho Securities		$41 → $44
May-06-26	Reiterated	Goldman Sachs	Neutral	$33 → $37
May-05-26	Reiterated	Jefferies		$40 → $41
Mar-12-26	Reiterated	UBS		$48 → $43
Mar-10-26	Initiated	Jefferies	Buy	$40
Jan-23-26	Reiterated	Northland Securities		$41 → $42
Oct-27-25	Upgrade	Morgan Stanley	Equal Weight → Overweight	$15 → $39
Oct-17-25	Initiated	UBS	Buy	$48

Financial Statements

DataTimeframe

Line Item (USD, M)	TTM —	FY 2025 12/31/2025	FY 2024 12/31/2024	FY 2023 12/31/2023
Total Revenue	3,078	2,995	2,621	Upgrade your experience to unlock full historical data
Cost of Goods Sold Incl. D&A	1,287	1,569	1,392
Gross Profit	1,791	1,427	1,229
Selling, General and Administrative Excl. Other	505	584	526
Research and Development	0	0	0
Other Operating Expense	777	361	345
Operating Income	509	481	357
Interest Expense	56	0	148
Unusual Expense	—	—	—
Non-Operating Income (Expense)	-78	-12	1
Net Income Before Taxes	530	494	209
Income Taxes	144	120	53
Consolidated Net Income	385	374	156
Net Income From Continuing Operations	385	374	156
Net Income	385	374	156
EPS (Recurring)	1.76	1.71	0.77
EPS (Basic, Before Extraordinaries)	1.76	1.71	0.77
EPS (Diluted)	1.70	1.66	0.74
EBITDA	892	790	632
Other After Tax Adjustments	—	—	—
Stock Option Compensation Expense	—	—	—
Price To Earnings Ratio	21.72	16.01	—
Price To Sales Ratio	2.66	1.93	—
Gross Margin	58.19	47.65	46.89
Operating Margin	16.54	16.06	13.62
Net Margin	12.51	12.49	5.95
Shares Outstanding	222	218	202
Market Capitalization	8,196	5,794	—
Operating Lease Expense	—	—	—

Insider Trading

Insider	Relationship	Date	Transaction	Cost	#Shares	Value ($)	#Shares Total	SEC Form 4
Almendares Jimena	Director	Jun 10 '26	Sale	33.59	40,589	1,363,527	36,983	Jun 12 12:00 AM
Green LTF Holdings II LP	Director	Jun 04 '26	Sale	28.60	2,208,580	63,165,388	18,337	Jun 05 12:00 AM
DANHAKL JOHN G	Director	Jun 04 '26	Sale	28.60	2,208,580	63,165,388	11,027,703	Jun 05 12:00 AM
Partners Group Private Equity Fund, LLC	other: Member of 10% Owner Group	Jun 04 '26	Sale	28.60	329,921	9,435,741	1,651,322	Jun 05 12:00 AM
Galashan John Kristofer	Director	Jun 04 '26	Sale	28.60	2,208,580	63,165,388	11,027,703	Jun 05 12:00 AM
Green LTF Holdings II LP	Director	May 21 '26	Sale	32.51	3,006,100	97,728,311	22,010	May 26 12:00 AM
Partners Group Private Equity Fund, LLC	other: Member of 10% Owner Group	May 21 '26	Sale	32.51	449,960	14,628,200	1,981,243	May 26 12:00 AM
Galashan John Kristofer	Director	May 21 '26	Sale	32.51	3,006,100	97,728,311	13,236,283	May 26 12:00 AM
DANHAKL JOHN G	Director	May 21 '26	Sale	32.51	3,006,100	97,728,311	13,236,283	May 26 12:00 AM
Javaheri Parham	EVP &PRESIDENT CLUB OPERATIONS	May 08 '26	Sale	31.80	62,900	2,000,226	246,574	May 11 12:00 AM
Green LTF Holdings II LP	Director	May 07 '26	Sale	31.46	4,991,749	157,040,423	27,009	May 11 12:00 AM
DANHAKL JOHN G	Director	May 07 '26	Sale	31.46	4,991,749	157,040,424	16,242,383	May 11 12:00 AM
Galashan John Kristofer	Director	May 07 '26	Sale	31.46	4,991,749	157,040,424	16,242,383	May 11 12:00 AM
Partners Group Private Equity Fund, LLC	other: Member of 10% Owner Group	May 07 '26	Sale	31.46	747,178	23,506,220	2,431,203	May 11 12:00 AM
Lasher Stuart G.	Director	May 07 '26	Option Exercise	10.00	300,000	3,000,000	165,648	May 08 12:00 AM


Market Cap	7.70B	Forward P/E	21.58	EPS next Y	1.71	Insider Trans	-17.65%	Shs Float	-	Perf Month	12.63%


Enterprise Value	11.70B	PEG	0.27	EPS next Q	0.43	Inst Own	-	Short Float	-	Perf Quarter	42.55%


Income	387.30M	P/S	2.50	EPS this Y	-11.21%	Inst Trans	-	Short Ratio	-	Perf Half Y	42.33%


Sales	3.08B	P/B	2.38	EPS next Y	13.34%	ROA	4.76%	Short Interest	-	Perf YTD	38.90%


Book/sh	14.46	P/C	8.67	EPS next 5Y	11.28%	ROE	12.64%	52W High	37.14 -0.59%	Perf Year	38.64%


Cash/sh	0.67	P/FCF	-	EPS past 3/5Y	-	ROIC	4.86%	52W Low	24.14 52.94%	Perf 3Y	-


Dividend Est.	-	EV/EBITDA	13.12	Sales past 3/5Y	18.00% 25.87%	Gross Margin	58.17%	Volatility	2.05% 2.47%	Perf 5Y	-


Dividend TTM	-	EV/Sales	3.80	EPS Y/Y TTM	108.11%	Oper. Margin	16.52%	ATR (14)	1.31	Perf 10Y	-


Dividend Ex-Date	-	Quick Ratio	0.42	Sales Y/Y TTM	17.44%	Profit Margin	12.53%	RSI (14)	70.26	Recom	2.25


Dividend Gr. 3/5Y	-	Current Ratio	0.53	EPS Q/Q	7.69%	SMA20	10.70%	Beta	1.11	Target Price	41.57


Payout	0.00%	Debt/Eq	1.29	Sales Q/Q	11.76%	SMA50	18.86%	Rel Volume	1.66	Prev Close	34.59


Employees	43,000	LT Debt/Eq	2.12	Earnings	Aug 04	SMA200	31.64%	Avg Volume	2.79M	Price	36.92


IPO Date	Oct 07, 2021	Option/Short	Yes / Yes	EPS/Sales Surpr.	7.69% 0.13%	Net Debt/EBITDA	4.49	Volume	4,639,637	Change	6.74%

LTH