Pricing Log in Create free account
Friday 6 November 2026 Export PLNT’s income statement to Excel — free account

Planet Fitness, Inc.

PLNT Consumer Cyclical Leisure

Planet Fitness, Inc.’s revenue for fiscal 2025 (year ended December 2025) was $1.3 billion, up 12.1% from fiscal 2024.

Revenue
+8.97%
EPS
+26.1%
Free cash flow
−62.3%
Total debt
+14.4%

Quarter to September 2026, against a year earlier

60.11 2.77 +4.83%
Market cap
$4.5B
P/E
20.4×
Fwd P/E
18.0×
Dividend yield
—
F-score
7/9
Altman Z
2.00
Beneish M
−2.72
Dividend safety
59/100
Overview
Financials
Income Statement Balance Sheet Cash Flow Metrics & Ratios

Insider Decisions last twelve months

Bought, $m 1.09
Sold, $m 0.36
Trades a month
Jan 26 Apr 26 Jul 26 Oct 26
Buy — — — — — 2 — — 1 1 — —
Sell — — — — — — — — — 1 — —
Insider Ownership 2.92%

Capital & Financial Ratios $m

Size
Market Cap 4,540.00
Revenue ttm 1,438.69
Net income ttm 232.15
Free cash flow ttm 213.91
Net debt Q 1,995.70
Valuation
P/E 20.38
Forward P/E 18.00
Price / sales 3.22
Forward P/S Powerpack
Price / FCF 21.65
Price / book 0.00
Financial health
Current ratio Q 1.53 (at or above 1.5: strong)
Debt / equity Q (4.04) (negative: negative equity)
Interest coverage Q 2.97
Growth
Revenue growth Q +8.97% (above 0%: growing)
Operating income growth Q −5.22% (below 0%: shrinking)
EPS, this year +6.13%
EPS, next year A +12.87%
Revenue, next year A +7.47%
EPS, past 5 yrs —
EPS, next 5 yrs A +11.09%

Green and red mark values outside typical ranges; (Q) is the latest quarter, (A) analysts’ estimates. How we judge →

Valuation vs history

EV/Sales, ten years
EV/Sales is 4.6×, against a ten-year median of 8.4×; over the ten years it ranged from 2.9× in 2016 to 21.1× in 2021.
P/E against its own 10 years 4.92%
10-year low 10-year high
P/S against its own 10 years 16.76%
10-year low 10-year high
EV/Sales against its own 10 years 16.13%
10-year low 10-year high
EV/FCF against its own 10 years 25.96%
10-year low 10-year high

Dividends

Yield
—
Annual rate
—
Payout ratio
—

Assets vs Liabilities $m

2023 2024 2025 Q'26
Cash 397 464 519 473
Receivables 56 97 107 —
Inventory 5 6 8 8
Other — — — —
472 588 658 604
2023 2024 2025 Q'26
Payables 24 33 40 37
ST’ Debt 21 23 24 26
Other 40 42 59 —
251 282 312 395

Compound Annual Growth %

10y 5y 3y
Sales 14.89% 26.63% 12.23%
Cash Flow 17.75% 68.14% 20.32%
Earnings 28.03% 0.00% 30.14%
Book Value 0.00% 0.00% 0.00%

Earnings Trends EPS, adjusted, against the consensus

Q2 FY26 Estimate 0.85 Actual 0.88

Earnings per share against the consensus, by quarter
Quarter Estimate Reported Result
Q3 FY25 0.72 0.80 Beat by 0.08
Q4 FY25 0.79 0.83 Beat by 0.04
Q1 FY26 0.63 0.74 Beat by 0.11
Q2 FY26 0.85 0.88 Beat by 0.03
Q3 FY26 0.79 — Reports 5 November 2026

EPS $

Mar Jun Sep Dec Year
’26 0.65 0.87 — — —
’25 0.50 0.69 0.70 0.73 2.62
’24 0.39 0.56 0.50 0.56 2.00
’23 0.27 0.48 0.46 0.41 1.62
’22 0.19 0.26 0.32 0.40 1.18
’21 0.07 0.17 0.21 0.07 0.51
’20 0.11 (0.36) (0.04) 0.11 (0.19)
Fiscal quarters ending in the months shown.

Revenue $m

Mar Jun Sep Dec Year
’26 337 365 360 — —
’25 277 341 330 376 1,324
’24 248 301 292 340 1,182
’23 222 286 278 285 1,071
’22 187 224 244 281 937
’21 112 137 154 184 587
’20 127 40 105 134 407
Fiscal quarters ending in the months shown.

Operating Cash Flow $m

Mar Jun Sep Dec Year
’26 148 46 110 — —
’25 134 44 131 109 418
’24 90 78 127 49 344
’23 98 59 110 63 330
’22 58 52 80 50 240
’21 24 51 75 40 189
’20 73 (86) 11 33 31
Fiscal quarters ending in the months shown.

Free Cash Flow $m

Mar Jun Sep Dec Year
’26 122 4 29 — —
’25 113 6 77 59 255
’24 63 40 78 7 189
’23 75 37 70 12 194
’22 34 35 56 15 140
’21 17 38 63 18 135
’20 64 (98) (5) 17 (21)
Fiscal quarters ending in the months shown.

Target Price Range

Analyst price targets

Recommendation Rating

1.7
1Buy 2 3Hold 4 5Sell

Ten years at a glance Fiscal years to December

Ten-year view Analyst estimates Powerpack
Group Line 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 TTM Sep ’26 Trend 10 yrs 2026e 2027e 2028e Next 3/yr
Income, $m
Income, $m Revenue 378 430 573 689 407 587 937 1,071 1,182 1,324 1,439 +14.9% 1,423 1,523 1,644 +7.5%
Gross margin, % 67.66 69.93 71.61 71.77 82.55 82.80 81.08 82.26 83.32 82.61 81.55 +14.9 pt
EBT 90 429 132 173 (15) 52 161 208 247 309 319 +14.7%
EBT margin, % 23.77 99.82 23.01 25.14 (3.57) 8.85 17.23 19.37 20.88 23.33 22.19 (0.4) pt
Net income 71 56 103 135 (15) 46 110 147 174 220 232 +13.4%
Per share, $
Per share, $ Revenue 8.74 5.45 6.57 8.30 5.06 7.05 11.13 12.62 13.80 15.85 0.00 +6.8%
Earnings 0.50 0.42 1.01 1.42 (0.19) 0.51 1.18 1.63 2.01 2.62 2.95 +20.2%
Cash flow 2.51 1.66 2.11 2.46 0.39 2.27 2.86 3.89 4.02 5.01 0.00 +8.0%
Capex (0.34) (0.47) (0.47) (0.70) (0.65) (0.65) (1.19) (1.60) (1.81) (1.96) 0.00 +21.5%
Free cash flow 2.17 1.19 1.65 1.76 (0.26) 1.62 1.67 2.29 2.21 3.05 0.00 +3.8%
Book value (4.96) (1.74) (4.39) (8.53) (8.79) (7.72) (2.51) (1.40) (2.52) (5.79) 0.00 +1.7%
Shares, m 43 79 87 83 80 83 84 85 86 84 81 +7.6%
Valuation, ×
Valuation, × P/E 42.96 74.91 52.57 52.59 0.00 174.19 66.23 44.76 49.19 41.40 20.38 59.9
P/S 2.31 6.05 8.16 9.00 15.33 12.85 7.02 5.78 7.16 6.84 3.22 8.1
P/B 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.0
EV/Sales 4.08 7.42 9.65 10.78 18.41 14.82 8.65 7.26 8.61 8.32 4.61 9.8
EV/FCF 16.39 33.96 38.47 50.66 (354.16) 64.31 57.78 40.05 53.87 43.27 30.98 4.5
Cash, $m
Cash, $m Operating cash flow 109 131 184 204 31 189 240 330 344 418 413 +16.1%
Capex (15) (37) (41) (58) (52) (54) (100) (136) (155) (164) (199) +30.7%
Free cash flow 94 94 144 146 (21) 135 140 194 189 255 214 +11.7%
Balance, $m
Balance, $m Working capital 8 65 257 395 455 486 311 220 306 346 209 +52.1%
Net debt 669 591 852 1,226 1,253 1,154 1,526 1,587 1,707 1,964 1,996 +12.7%
Shareholders’ equity (215) (137) (383) (708) (706) (643) (212) (119) (215) (483) (611) +9.4%
Returns, %
Returns, % ROA 2.53 3.17 7.20 7.67 (0.84) 2.21 4.08 4.75 5.70 7.10 7.51 +4.6 pt
ROIC 15.92 20.32 24.52 28.10 6.82 17.54 10.94 11.62 13.59 16.67 19.40 +0.7 pt
ROE (19.92) (18.85) (33.87) (21.58) 2.12 (6.34) (23.27) (83.69) (102.91) (62.71) (57.39) (42.8) pt
People
People Employees 963 1,046 1,302 1,464 1,387 1,774 2,795 3,411 3,806 4,020 — +17.2%
Revenue/emp, $m 0.39 0.41 0.44 0.47 0.29 0.33 0.34 0.31 0.31 0.33 — (1.9%)
Negative figures in brackets.
estimates

All 10 years →

Fiscal years to Dec 2025 · latest quarter Sep 2026 · fundamentals updated 5 Nov 2026

Planet Fitness, Inc. vs peers in Leisure (Q) = latest quarter vs a year earlier

Company Market cap P/E Fwd P/E Revenue growth (Q) EPS growth (Q) FCF growth (Q) Gross margin (Q) EBIT margin (Q) Compare
LTH Life Time Group Holdings, Inc. $10.7B 25.2× 27.6× +14.17% (above 0%: growing) +1.13% (above 0%: growing) −193.08% (below 0%: shrinking) 46.89% 17.68% Compare
GOLF Acushnet $4.9B 22.5× 21.3× −1.28% (below 0%: shrinking) +4.56% (above 0%: growing) +39.79% (above 0%: growing) 49.59% 12.37% Compare
PLNT Planet Fitness, Inc. $4.5B 20.4× 18.0× +8.97% (above 0%: growing) +26.09% (above 0%: growing) −62.29% (below 0%: shrinking) 81.84% 28.19%
MAT Mattel, Inc. $4.3B 10.9× 9.7× +10.48% (above 0%: growing) n/m +29.42% (above 0%: growing) 48.17% 0.97% Compare
YETI YETI Holdings, Inc. $3.4B 20.1× 15.1× +8.52% (above 0%: growing) +53.23% (above 0%: growing) −18.84% (below 0%: shrinking) 66.66% 19.33% Compare
OSW OneSpaWorld Holdings Limited $3.1B 36.6× 32.6× +6.97% (above 0%: growing) +16.04% (above 0%: growing) +58.18% (above 0%: growing) 17.97% 10.83% Compare
CALY Callaway Golf Company $2.8B — (loss-making) 25.8× +1.97% (above 0%: growing) +281.82% (above 0%: growing) +101.95% (above 0%: growing) 50.10% 18.75% Compare
PTON Peloton Interactive, Inc. $2.5B 17.2× 16.2× +1.53% (above 0%: growing) +633.33% (above 0%: growing) +112.76% (above 0%: growing) 61.27% 0.00% Compare
PRKS United Parks & Resorts Inc. $1.7B 14.6× 10.4× −1.41% (below 0%: shrinking) −6.85% (below 0%: shrinking) −20.51% (below 0%: shrinking) 47.49% 24.23% Compare
Median of peers $3.3B 20.1× 18.8× +4.47% +16.04% +34.60% 48.88% 15.03%

All 28 Leisure stocks →

Planet Fitness, Inc. (PLNT) Latest News

5 Nov

Impact 3 · · The Motley Fool
Impact 3 · · GuruFocus.com
Impact 3 · · The Motley Fool transcript
Impact 3 · · InvestorsHub
Impact 3 · · Investing.com
Impact 3 · · PR Newswire

29 Oct

Impact 3 · · Zacks

28 Oct

Impact 4 · · TheStreet

27 Oct

Impact 3 · · Zacks

25 Oct

Impact 3 · · MarketBeat

22 Oct

Impact 3 · · PR Newswire

20 Oct

Impact 4 · · Simply Wall St.

19 Oct

Impact 3 · · PR Newswire

12 Oct

Impact 3 · · StockStory

10 Oct

Impact 3 · · Simply Wall St.

9 Oct

Impact 3 · · StockStory
Impact 3 · · MT Newswires
Impact 3 · · Stocktwits

7 Oct

Impact 3 · · Business Wire

24 Sep

Impact 4 · · Barchart
Impact 3 · · Simply Wall St.

22 Sep

Impact 3 · · StockStory

21 Sep

Impact 3 · · MT Newswires

26 Aug

Impact 3 ·
Impact 3 ·

25 Aug

Impact 3 ·

18 Aug

Impact 3 ·

15 Aug

Impact 3 ·

13 Aug

Impact 4 · · The Motley Fool transcript

10 Aug

Impact 3 ·

PLNT metrics, ten years each

stockrow.com/PLNT · Data as of Nov 5, 2026 · For information only; not investment advice. · © 2026 stockrow.com