Sunday 11 October 2026
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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. In the quarter to June 2026, revenue grew 7.14%, EPS grew 26.1%, free cash flow fell 35.1% and total debt rose 14.4%, each against the same quarter a year earlier. Revenue growth for five consecutive years, operating cash flow growth for five; insiders bought in the last twelve months.
47.98
3.95
+8.97%
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| Dec '16 | Dec '17 | Dec '18 | Dec '19 | Dec '20 | Dec '21 | Dec '22 | Dec '23 | Dec '24 | Dec '25 | |
|---|---|---|---|---|---|---|---|---|---|---|
P/E ratio |
42.96 | 74.91 | 52.57 | 52.59 | 0.00 | 174.19 | 66.23 | 44.76 | 49.19 | 41.40 |
Piotroski F-Score |
4 | 7 | 7 | 7 | 6 | 7 | 6 | 6 | 7 | 7 |
P/S ratio |
2.31 | 6.05 | 8.16 | 9.00 | 15.33 | 12.85 | 7.02 | 5.78 | 7.16 | 6.84 |
Altman Z-Score |
0.97 | 2.08 | 2.31 | 2.06 | 1.52 | 2.03 | 1.68 | 1.63 | 2.02 | 2.00 |
Altman Z″-Score (non-manufacturers) |
0.11 | 0.79 | 0.98 | 0.72 | 0.22 | 0.66 | 0.38 | 0.31 | 0.42 | 0.28 |
P/FCF ratio |
9.29 | 27.68 | 32.54 | 42.29 | 0.00 | 55.78 | 46.90 | 31.88 | 44.83 | 35.56 |
Beneish M-Score |
(2.14) | (2.51) | (2.78) | (2.76) | (2.89) | (2.59) | (2.08) | (2.86) | (2.18) | (2.72) |
P/Operating CF |
26.43 | 68.46 | 115.46 | 120.15 | 187.47 | 189.58 | 132.08 | 97.80 | 172.30 | 83.07 |
Dividend Safety Score |
— | — | — | — | — | — | — | — | — | 59 |
P/B ratio |
0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
Price to Tangible BV |
0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
EV/Sales |
4.08 | 7.42 | 9.65 | 10.78 | 18.41 | 14.82 | 8.65 | 7.26 | 8.61 | 8.32 |
EV/EBITDA |
10.29 | 17.41 | 24.66 | 26.22 | 62.39 | 40.93 | 22.53 | 18.19 | 20.76 | 19.83 |
EV/Operating CF |
14.18 | 24.36 | 29.99 | 36.33 | 240.45 | 45.96 | 33.73 | 23.56 | 29.58 | 26.34 |
EV/FCF |
16.39 | 33.96 | 38.47 | 50.66 | (354.16) | 64.31 | 57.78 | 40.05 | 53.87 | 43.27 |
Quick Ratio |
0.96 | 1.49 | 2.88 | 3.65 | 4.96 | 3.67 | 2.21 | 1.80 | 1.98 | 2.00 |
Current Ratio |
1.10 | 1.58 | 2.96 | 3.71 | 5.07 | 3.75 | 2.27 | 1.88 | 2.08 | 2.11 |
Net Debt/EBITDA |
4.46 | 3.22 | 3.80 | 4.33 | 10.44 | 5.43 | 4.24 | 3.71 | 3.48 | 3.53 |
Debt/Assets |
70.82% | 64.42% | 86.61% | 99.29% | 95.63% | 87.19% | 70.02% | 66.80% | 70.71% | 79.99% |
Debt/Equity |
(3.30) | (5.14) | (3.06) | (2.41) | (2.51) | (2.73) | (9.45) | (16.67) | (10.08) | (5.14) |
Asset Turnover |
0.44 | 0.41 | 0.47 | 0.45 | 0.23 | 0.30 | 0.38 | 0.37 | 0.39 | 0.43 |
Operating CF/Net income |
5.06 | 3.95 | 2.09 | 1.74 | (2.08) | 4.43 | 2.42 | 2.39 | 2.00 | 1.91 |
Capex/Depreciation |
(0.43) | (1.04) | (1.01) | (1.16) | (0.87) | (0.78) | (0.77) | (0.88) | (0.94) | (1.02) |
Interest Coverage |
4.26 | 4.18 | 3.63 | 3.83 | 0.73 | 1.77 | 2.60 | 3.15 | 3.24 | 3.65 |
| (19.92%) | (18.85%) | (33.87%) | (21.58%) | 2.12% | (6.34%) | (23.27%) | (83.69%) | (102.91%) | (62.71%) | |
| 2.53% | 3.17% | 7.20% | 7.67% | (0.84%) | 2.21% | 4.08% | 4.75% | 5.70% | 7.10% | |
ROIC |
15.92% | 20.32% | 24.52% | 28.10% | 6.82% | 17.54% | 10.94% | 11.62% | 13.59% | 16.67% |
Return on Tangible Assets |
31.07% | 22.35% | 23.69% | 21.79% | (2.44%) | 6.49% | 15.06% | 22.64% | 23.58% | 26.96% |
Average Days of Receivables |
38.12 | 45.66 | 37.16 | 27.79 | 34.70 | 27.64 | 25.98 | 19.17 | 29.82 | 29.63 |
Research and Development Expense of Revenue |
0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Selling, General and Administrative Expense of Revenue |
29.12% | 28.15% | 25.74% | 23.94% | 38.46% | 34.97% | 35.68% | 35.33% | 35.51% | 34.45% |
Intangible Assets out of Total Assets |
0.43 | 0.38 | 0.32 | 0.27 | 0.24 | 0.21 | 0.39 | 0.37 | 0.34 | 0.32 |
Share Based Compensation of Revenue |
0.46% | 0.59% | 0.96% | 0.70% | 1.17% | 1.50% | 0.86% | 0.74% | 0.75% | 0.93% |
Graham Net Nets |
(1.29) | (0.40) | (0.29) | (0.30) | (0.32) | (0.26) | (0.38) | (0.42) | (0.32) | (0.32) |
Graham Number |
0.00 | 0.00 | 0.00 | 0.00 | 5.97 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
Earnings Yield |
2.33% | 1.33% | 1.90% | 1.90% | (0.23%) | 0.57% | 1.51% | 2.23% | 2.03% | 2.42% |
Free Cash Flow Yield |
10.77% | 3.61% | 3.07% | 2.36% | (0.34%) | 1.79% | 2.13% | 3.14% | 2.23% | 2.81% |
Revenue per Share |
8.74 | 5.45 | 6.57 | 8.30 | 5.06 | 7.05 | 11.13 | 12.62 | 13.80 | 15.85 |
Operating CF per Share |
2.51 | 1.66 | 2.11 | 2.46 | 0.39 | 2.27 | 2.86 | 3.89 | 4.02 | 5.01 |
Capex per Share |
(0.34) | (0.47) | (0.47) | (0.70) | (0.65) | (0.65) | (1.19) | (1.60) | (1.81) | (1.96) |
Free Cash Flow per Share |
2.17 | 1.19 | 1.65 | 1.76 | (0.26) | 1.62 | 1.67 | 2.29 | 2.21 | 3.05 |
Cash per Share |
0.93 | 1.43 | 3.67 | 5.77 | 6.42 | 7.25 | 5.62 | 4.68 | 5.42 | 6.21 |
Shareholders Equity per Share |
(4.96) | (1.74) | (4.39) | (8.53) | (8.79) | (7.72) | (2.51) | (1.40) | (2.52) | (5.79) |
Interest Debt per Share |
0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
Book value per Share |
(4.96) | (1.74) | (4.39) | (8.53) | (8.79) | (7.72) | (2.51) | (1.40) | (2.52) | (5.79) |
Free Cash Flow |
94.12 | 93.98 | 143.74 | 146.23 | (21.14) | 135.26 | 140.21 | 194.27 | 188.81 | 254.75 |
Working Capital |
7.95 | 64.97 | 257.14 | 394.66 | 454.92 | 485.80 | 311.00 | 220.49 | 305.52 | 345.90 |
Capital Expenditures |
(14.69) | (37.04) | (40.66) | (58.08) | (52.28) | (54.03) | (100.00) | (135.99) | (155.06) | (163.67) |
Net Current Asset Value |
(1,124.97) | (1,052.40) | (1,347.66) | (1,884.81) | (1,988.59) | (1,996.41) | (2,510.62) | (2,616.87) | (2,697.06) | (2,928.39) |
EV/EBIT |
13.34 | 21.63 | 30.04 | 31.85 | 125.29 | 60.66 | 35.21 | 28.51 | 31.38 | 27.93 |
Capex to Sales |
0.04 | 0.09 | 0.07 | 0.08 | 0.13 | 0.09 | 0.11 | 0.13 | 0.13 | 0.12 |
Price to Operating Income |
7.56 | 17.63 | 25.42 | 26.59 | 104.32 | 52.62 | 28.58 | 22.70 | 26.11 | 22.95 |
| Other line items | ||||||||||
Depreciation/Fixed assets |
0.56 | 0.43 | 0.35 | 0.34 | 0.37 | 0.40 | 0.37 | 0.40 | 0.39 | 0.35 |
Cash ROIC |
17.60% | 13.82% | 12.96% | 9.91% | (1.34%) | 7.87% | 6.20% | 8.59% | 7.81% | 10.12% |
Accounts Receivable Turnover |
11.75 | 9.22 | 10.22 | 12.44 | 8.93 | 14.13 | 16.86 | 17.43 | 15.47 | 12.98 |
Accounts Payable Turnover |
4.66 | 4.52 | 5.51 | 7.52 | 3.49 | 4.27 | 7.31 | 8.57 | 6.96 | 6.35 |
Inventory Turnover |
38.47 | 57.53 | 41.63 | 64.83 | 105.12 | 124.07 | 55.19 | 38.22 | 36.43 | 33.56 |
Average Days of Payables |
85.07 | 80.89 | 68.28 | 39.92 | 99.73 | 100.80 | 42.39 | 45.69 | 60.90 | 62.89 |
Days of Inventory on Hand |
5.38 | 7.60 | 11.49 | 1.65 | 2.43 | 4.17 | 10.85 | 8.98 | 11.38 | 12.01 |
Average Receivables |
32.20 | 46.64 | 56.06 | 55.39 | 45.55 | 41.56 | 55.57 | 61.48 | 76.41 | 102.01 |
Average Payables |
26.23 | 28.58 | 29.54 | 25.85 | 20.33 | 23.64 | 24.24 | 22.18 | 28.34 | 36.29 |
Average Inventory |
3.18 | 2.25 | 3.91 | 3.00 | 0.68 | 0.81 | 3.21 | 4.97 | 5.41 | 6.86 |
Average Assets |
850.31 | 1,046.95 | 1,222.94 | 1,535.30 | 1,783.46 | 1,932.86 | 2,435.29 | 2,912.14 | 3,019.70 | 3,086.55 |
Average Common Equity |
(107.92) | (175.85) | (259.86) | (545.27) | (706.71) | (674.26) | (427.20) | (165.28) | (167.18) | (349.38) |
Columns are period end dates