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Unit EconomicsCore MetricGrowth

What is LTV:CAC Ratio?

The ratio of customer lifetime value to acquisition cost — the ultimate measure of growth efficiency.

What is the LTV:CAC Ratio?

The LTV:CAC Ratio compares how much revenue a customer generates over their lifetime to how much it cost to acquire them. It’s the ultimate litmus test for whether your growth is profitable.

Why It Matters

A healthy LTV:CAC ratio means your business generates more value from customers than it spends to get them. It’s the clearest signal of sustainable growth.

How to Calculate It

LTV:CAC Ratio = Customer Lifetime Value ÷ Customer Acquisition Cost

Benchmarks

  • < 1:1 — You’re losing money on every customer. Unsustainable.
  • 1:1 to 2:1 — Barely breaking even. Margins are razor-thin.
  • 3:1 — The gold standard. Strong unit economics.
  • 5:1+ — You may be under-investing in growth. Time to scale.

Common Pitfalls

  • Using predicted (not actual) LTV without validating the model
  • Excluding hidden acquisition costs (creative, agency fees, team time)
  • Comparing blended LTV against paid-only CAC
  • Not segmenting by channel — your Meta LTV:CAC may be very different from your Google Shopping LTV:CAC