Financial Overview

Latest Annual: 2024

Income Metrics

Revenue 1.2B
Gross Profit 615.0M 52.05%
Operating Income 324.2M 27.44%
Net Income 174.2M 14.75%
EPS (Diluted) $2.00

Balance Sheet Metrics

Total Assets 3.1B
Total Liabilities 3.3B
Shareholders Equity -215.4M

Cash Flow Metrics

Operating Cash Flow 325.2M
Free Cash Flow 188.8M

Revenue & Profitability Trend

Planet Fitness Income Statement From 2020 to 2024

Metric 2024 2023 2022 2021 2020
Revenue 1.2B 1.1B 936.8M 587.0M 406.6M
Cost of Goods Sold 566.6M 513.7M 462.7M 271.2M 220.0M
Gross Profit 615.0M 557.6M 474.0M 315.9M 186.6M
Operating Expenses 130.5M 135.3M 119.9M 109.7M 73.0M
Operating Income 324.2M 272.9M 230.1M 143.4M 59.8M
Pre-tax Income 246.7M 207.5M 161.4M 52.0M -14.5M
Income Tax 68.4M 58.5M 50.5M 5.7M 687.0K
Net Income 174.2M 147.0M 110.5M 46.1M -15.2M
EPS (Diluted) $2.00 $1.62 $1.18 $0.51 -$0.19

Income Statement Trend

Planet Fitness Balance Sheet From 2020 to 2024

Metric 2024 2023 2022 2021 2020
Assets
Current Assets 588.0M 471.8M 555.5M 662.4M 566.8M
Non-Current Assets 2.5B 2.5B 2.3B 1.4B 1.3B
Total Assets 3.1B 3.0B 2.9B 2.0B 1.8B
Liabilities
Current Liabilities 282.5M 251.3M 244.5M 176.6M 111.9M
Non-Current Liabilities 3.0B 2.8B 2.8B 2.5B 2.4B
Total Liabilities 3.3B 3.1B 3.1B 2.7B 2.6B
Equity
Total Shareholders Equity -215.4M -119.0M -211.6M -642.8M -705.7M

Balance Sheet Composition

Planet Fitness Cash Flow Statement From 2020 to 2024

Metric 2024 2023 2022 2021 2020
Operating Activities
Net Income 174.2M 147.0M 110.5M 46.1M -15.2M
Operating Cash Flow 325.2M 331.8M 260.2M 173.0M 31.1M
Investing Activities
Capital Expenditures -153.7M -135.9M -100.0M -54.0M -52.3M
Investing Cash Flow -208.7M -340.0M -506.6M -90.9M -52.3M
Financing Activities
Dividends Paid - - - - -
Financing Cash Flow -105.0M -141.4M 135.7M -10.2M 57.8M
Free Cash Flow 188.8M 194.3M 140.2M 135.2M -21.4M

Cash Flow Trend

Planet Fitness Key Financial Ratios

Valuation Ratios

P/E Ratio (TTM) 50.82
Forward P/E 36.73
Price to Book -41.36
Price to Sales 8.00
PEG Ratio 36.73

Profitability Ratios

Profit Margin 15.91%
Operating Margin 30.61%
Return on Equity -79.88%
Return on Assets 6.97%

Financial Health

Current Ratio 2.10
Debt to Equity -11.98
Beta 1.34

Per Share Data

EPS (TTM) $2.11
Book Value per Share -$2.62
Revenue per Share $13.30

Peer Financial Comparison

Company Market Cap P/E Ratio P/B Ratio ROE Profit Margin Debt/Equity
plnt 9.0B 50.82 -41.36 -79.88% 15.91% -11.98
Amer Sports 20.2B 98.43 3.87 4.53% 3.70% 29.33
Hasbro 9.6B 22.65 8.22 39.04% 9.99% 280.61
Life Time 6.5B 30.79 2.36 8.24% 7.60% 146.75
Mattel 6.3B 12.66 2.96 25.50% 9.82% 125.86
Acushnet Holdings 4.2B 19.57 5.43 25.25% 9.21% 130.13

Financial data is updated regularly. All figures are in the company's reporting currency.