Planet Fitness, Inc. logo

Planet Fitness, Inc.

PLNT

NYSEConsumer CyclicalLeisure

Previous close

$54.20

+$1.08 · +2.03%

Aug 21, 4:00 PM ET

PLNT company overview

Regular session · ET · Market data may be delayed.

GoAI snapshot

AI-powered factor overview

Jul 10, 2026

GoAI score

Hold

Wait — insufficient conviction to act

Valuation

81

Deep Value

Momentum

24

Weakening

Sentiment

69

Bullish

Risk resilience

51

Elevated Risk

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Company profile

Company website

Planet Fitness, Inc., encompassing its various holdings, develops and oversees fitness facilities operating under the Planet Fitness brand. The company's business model is organized into three distinct divisions: Franchising, Corporate-Owned Locations, and Equipment Sales. Its Franchising division manages the licensing of Planet Fitness centers throughout the United States, Puerto Rico, Canada, Panama, Mexico, and Australia. The Corporate-Owned Locations segment is responsible for the direct operation of company-owned fitness clubs within the United States and Canada. Furthermore, the Equipment Sales division supplies fitness machinery to its franchised establishments located in the U.S. and Canada. As of December 31, 2021, the firm maintained a total of 2,254 centers spanning 50 U.S. states, the District of Columbia, Puerto Rico, Canada, Panama, Mexico, and Australia. Planet Fitness, Inc. was founded in 1992 and maintains its principal headquarters in Hampton, New Hampshire.

Industry
Leisure
Sector
Consumer Cyclical
Headquarters
US
CEO
Colleen Keating
Listed since
Aug 6, 2015
Employees
4,393

Market position

Day range

Current $54.20

52-week range

Current $54.20

Open
$53.31
Previous close
$53.12
Volume
1.33M
0.57× average
Average volume
2.34M
Average daily volume
Market cap
4.31B USD
Beta
1.03
Market reference 1
50-day average
$52.5102
+3.22% above average
200-day average
$76.269
-28.94% below average

Financials

Financial snapshot

Latest / TTM

Valuation & yield

Enterprise value
11.62B USD
P/E (TTM)
18.37×
P/B (TTM)
-6.79×
P/S (TTM)
3.06×
EV / EBITDA
20.37×
Earnings yield
2.42%
Free cash flow yield
2.81%
Dividend yield
0.00%

Profitability & efficiency

Gross margin
50.30%
Operating margin
30.66%
Net margin
16.88%
Return on equity
-45.33%
Return on assets
7.06%
Return on invested capital
10.09%

Financial health

Debt / equity
-4.82×
Current ratio
2.11×
Altman Z-score
1.2
Piotroski F-score
7 of 9

Financial statements

Margin trends

Profitability as a percentage of reported revenue.

Gross marginOperating marginNet margin
Gross, operating, and net margin trends90%60%30%-0%Gross margin, FY2021: 53.81%Gross margin, FY2022: 50.60%Gross margin, FY2023: 52.05%Gross margin, FY2024: 52.05%Gross margin, FY2025: 82.61%Operating margin, FY2021: 24.43%Operating margin, FY2022: 24.56%Operating margin, FY2023: 25.47%Operating margin, FY2024: 27.44%Operating margin, FY2025: 29.81%Net margin, FY2021: 7.29%Net margin, FY2022: 10.61%Net margin, FY2023: 12.91%Net margin, FY2024: 14.56%Net margin, FY2025: 16.55%FY2021FY2022FY2023FY2024FY2025
Gross margin FY2021 53.81%. Gross margin FY2022 50.60%. Gross margin FY2023 52.05%. Gross margin FY2024 52.05%. Gross margin FY2025 82.61%. Operating margin FY2021 24.43%. Operating margin FY2022 24.56%. Operating margin FY2023 25.47%. Operating margin FY2024 27.44%. Operating margin FY2025 29.81%. Net margin FY2021 7.29%. Net margin FY2022 10.61%. Net margin FY2023 12.91%. Net margin FY2024 14.56%. Net margin FY2025 16.55%.

Income trends

Revenue

1.32B USD+12.06%

Operating income

394.68M USD+21.74%

Net income

219.1M USD+27.35%
Income trends across reported periods1.45B USD939.73M USD427.19M USD−85.36M USDRevenue, FY2021: 587.02M USDRevenue, FY2022: 936.77M USDRevenue, FY2023: 1.07B USDRevenue, FY2024: 1.18B USDRevenue, FY2025: 1.32B USDOperating income, FY2021: 143.4M USDOperating income, FY2022: 230.08M USDOperating income, FY2023: 272.86M USDOperating income, FY2024: 324.2M USDOperating income, FY2025: 394.68M USDNet income, FY2021: 42.77M USDNet income, FY2022: 99.4M USDNet income, FY2023: 138.31M USDNet income, FY2024: 172.04M USDNet income, FY2025: 219.1M USDFY2021FY2022FY2023FY2024FY2025
Revenue FY2021 587.02M USD. Revenue FY2022 936.77M USD. Revenue FY2023 1.07B USD. Revenue FY2024 1.18B USD. Revenue FY2025 1.32B USD. Operating income FY2021 143.4M USD. Operating income FY2022 230.08M USD. Operating income FY2023 272.86M USD. Operating income FY2024 324.2M USD. Operating income FY2025 394.68M USD. Net income FY2021 42.77M USD. Net income FY2022 99.4M USD. Net income FY2023 138.31M USD. Net income FY2024 172.04M USD. Net income FY2025 219.1M USD.
Metric (USD)FY2025FY2024FY2023FY2022FY2021
Revenue1.32B USD1.18B USD1.07B USD936.77M USD587.02M USD
Cost of goods sold230.31M USD566.64M USD513.74M USD462.74M USD271.15M USD
Gross profit1.09B USD615.02M USD557.59M USD474.03M USD315.87M USD
Selling, general, and administrative137.63M USD170.68M USD124.93M USD114.85M USD94.54M USD
Operating expenses699.16M USD290.82M USD284.72M USD243.96M USD172.48M USD
Interest income23M USD23.12M USD17.74M USD5.01M USD878K USD
Interest expense108.24M USD100.04M USD86.58M USD88.63M USD81.21M USD
Depreciation and amortization155.79M USD160.35M USD149.41M USD124.02M USD62.8M USD
Operating income394.68M USD324.2M USD272.86M USD230.08M USD143.4M USD
Net income219.1M USD172.04M USD138.31M USD99.4M USD42.77M USD

Company facts updated Aug 24, 2026.

Earnings

EPS beat rate
91%
10 beats, 1 miss, 0 met estimates
Average EPS surprise
+7.01%
11 comparable reports
Latest EPS result
0.88
Estimate 0.85 · Beat by 3.77%

EPS: actual versus estimate

Recent quarterly results

ActualEstimate
Quarterly EPS actual values compared with estimates0.920.80.670.55Q1 '25BeatQ2 '25MissQ3 '25BeatQ4 '25BeatQ1 '26BeatQ2 '26BeatQ3 '26BeatQ4 '26Estimate
Q1 2025, reported Feb 25, 2025: actual 0.7, estimate 0.62, surprise +12.90%, Beat. Q2 2025, reported May 8, 2025: actual 0.59, estimate 0.615, surprise -4.07%, Miss. Q3 2025, reported Aug 6, 2025: actual 0.86, estimate 0.79, surprise +8.86%, Beat. Q4 2025, reported Nov 6, 2025: actual 0.8, estimate 0.739, surprise +8.25%, Beat. Q1 2026, reported Feb 24, 2026: actual 0.83, estimate 0.79, surprise +5.06%, Beat. Q2 2026, reported May 7, 2026: actual 0.74, estimate 0.63, surprise +17.46%, Beat. Q3 2026, reported Aug 6, 2026: actual 0.88, estimate 0.848, surprise +3.77%, Beat. Q4 2026, reported Nov 5, 2026: actual —, estimate 0.79, surprise —, Comparison unavailable.

Revenue: actual versus estimate

Recent quarterly results

ActualEstimate
Quarterly Revenue actual values compared with estimates391.31M348.08M304.84M261.61MQ1 '25BeatQ2 '25MissQ3 '25BeatQ4 '25BeatQ1 '26BeatQ2 '26BeatQ3 '26BeatQ4 '26Estimate
Q1 2025, reported Feb 25, 2025: actual 340.45M USD, estimate 283.78M USD, surprise +19.97%, Beat. Q2 2025, reported May 8, 2025: actual 276.66M USD, estimate 279.15M USD, surprise -0.89%, Miss. Q3 2025, reported Aug 6, 2025: actual 340.88M USD, estimate 326.31M USD, surprise +4.46%, Beat. Q4 2025, reported Nov 6, 2025: actual 330.35M USD, estimate 323.43M USD, surprise +2.14%, Beat. Q1 2026, reported Feb 24, 2026: actual 376.26M USD, estimate 367.92M USD, surprise +2.27%, Beat. Q2 2026, reported May 7, 2026: actual 337.2M USD, estimate 298.6M USD, surprise +12.93%, Beat. Q3 2026, reported Aug 6, 2026: actual 365.22M USD, estimate 356.21M USD, surprise +2.53%, Beat. Q4 2026, reported Nov 5, 2026: actual —, estimate 348.29M USD, surprise —, Comparison unavailable.

Analyst ratings

Third-party consensus; not a GoAI recommendation.

Analyst price target

Average target

$72.97

34.63% upside
Past 12 months12-month forecastHigh $126Average $72.97Low $50.50

Recent analyst actions

12 institutions
Roth CapitalmaintainBuy
UBSmaintainBuy
KeybancmaintainOverweight

PLNT news

Corporate actions

Corporate action history

Dividend

Ex-dividend Nov 18, 2016

$2.78

Special

Record Nov 22, 2016 · Payment Dec 5, 2016

PLNT peers

ETFs holding PLNT

Funds reporting this stock among their holdings, ordered by reported position size.

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