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

Planet Fitness, Inc. (PLNT) Debt to equity

Alert me on Debt to equity

Planet Fitness, Inc.'s debt to equity at the end of the quarter to 30 September 2026 was −4.0×, up 1.1× from fiscal 2025 (−5.1×). Over the past ten years it has ranged from −449× (fiscal 2015) to −2.4× (fiscal 2019); the current reading is higher than 55% of that period. That is below the Leisure industry median of 0.0× and below the Consumer Cyclical sector median of 0.2×.

Debt to equity, annual

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Annual newest first

Period Debt to equity Change
FY2025 −5.1× —
FY2024 −10.1× —
FY2023 −16.7× —
FY2022 −9.4× —
FY2021 −2.7× —
FY2020 −2.5× —
FY2019 −2.4× —
FY2018 −3.1× —
FY2017 −5.1× —
FY2016 −3.3× —

Quarterly newest first

Period Debt to equity Change
Sep 2026 −4.0× —
Jun 2026 −4.0× —
Mar 2026 −5.1× —
Dec 2025 −5.1× —
43 more quarters

Against its own ten years

Low −449× High −2.4×
Ten-year median −5.1×
Current reading's percentile 55

Debt to equity against peers

Company Debt to equity
PTON Peloton Interactive, Inc. compare −245×
PLNT Planet Fitness, Inc. −4.0×
PRKS United Parks & Resorts Inc. compare −3.7×
CALY Callaway Golf Company compare 0.0×
OSW OneSpaWorld Holdings Limited compare 0.1×
YETI YETI Holdings, Inc. compare 0.2×
LTH Life Time Group Holdings, Inc. compare 0.4×
GOLF Acushnet compare 1.0×
MAT Mattel, Inc. compare 1.2×
Leisure industry median 0.0×
Consumer Cyclical sector median 0.2×
Market median 0.1×

What Debt to equity is

Debt to Equity Ratio shows how much a company relies on borrowed money compared with the money its shareholders have in the business.

(Long Term Debt (Total) + Current Part of Debt) ÷ Shareholders Equity (Total)

The full definition of Debt to equity →

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