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) Free cash flow margin

Alert me on Free cash flow margin

Planet Fitness, Inc.'s free cash flow margin over the twelve months to 30 September 2026 was 14.9%, down 4.4 percentage points from fiscal 2025 (19.2%). Over the past ten years it has ranged from −5.20% (fiscal 2020) to 25.1% (fiscal 2018); the current reading is higher than 55% of that period. That is above the Leisure industry median of 6.81% and above the Consumer Cyclical sector median of 3.20%.

Free cash flow margin, annual

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Annual newest first

Period Free cash flow margin Change (points)
FY2025 19.2% 3.26
FY2024 16.0% (2.15)
FY2023 18.1% 3.16
FY2022 15.0% (8.07)
FY2021 23.0% 28.24
FY2020 −5.20% (26.43)
FY2019 21.2% (3.86)
FY2018 25.1% 3.23
FY2017 21.9% (3.02)
FY2016 24.9% 5.97

Against its own ten years

Low −5.20% High 25.1%
Ten-year median 19.2%
Current reading's percentile 55

Free cash flow margin against peers

Company Free cash flow margin
PTON Peloton Interactive, Inc. compare 18.5%
CALY Callaway Golf Company compare 15.9%
PLNT Planet Fitness, Inc. 14.9%
PRKS United Parks & Resorts Inc. compare 10.0%
YETI YETI Holdings, Inc. compare 9.97%
OSW OneSpaWorld Holdings Limited compare 9.17%
GOLF Acushnet compare 8.82%
MAT Mattel, Inc. compare 7.92%
LTH Life Time Group Holdings, Inc. compare −6.26%
Leisure industry median 6.81%
Consumer Cyclical sector median 3.20%
Market median 0.00%

What Free cash flow margin is

Free Cash Flow Margin tells an investor how much of each sale turns into cash the company keeps after paying for investment in its assets.

(Operating Cash Flow + Property, Plant, Equipment Change (Net) + Intangible Assets Change (Net)) ÷ Revenue

The full definition of Free cash flow margin →

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