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) Operating margin

Alert me on Operating margin

Planet Fitness, Inc.'s operating margin over the twelve months to 30 September 2026 was 29.9%, up 0.1 percentage points from fiscal 2025 (29.8%). Over the past ten years it has ranged from 14.7% (fiscal 2020) to 34.3% (fiscal 2017); the current reading is higher than 64% of that period. That is above the Leisure industry median of 4.91% and above the Consumer Cyclical sector median of 3.88%.

Operating margin, annual

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Annual newest first

Period Operating margin Change (points)
FY2025 29.8% 2.37
FY2024 27.4% 1.97
FY2023 25.5% 0.91
FY2022 24.6% 0.13
FY2021 24.4% 9.73
FY2020 14.7% (19.14)
FY2019 33.8% 1.71
FY2018 32.1% (2.19)
FY2017 34.3% 3.74
FY2016 30.6% 8.77

Quarterly newest first

Period Operating margin Change (points)
Sep 2026 28.2% (5.71)
Jun 2026 33.9% 4.64
Mar 2026 29.3% 1.09
Dec 2025 28.2% (4.24)
43 more quarters

Against its own ten years

Low 14.7% High 34.3%
Ten-year median 27.4%
Current reading's percentile 63

Operating margin against peers

Company Operating margin
PLNT Planet Fitness, Inc. 29.9%
PRKS United Parks & Resorts Inc. compare 19.2%
LTH Life Time Group Holdings, Inc. compare 17.4%
GOLF Acushnet compare 13.3%
YETI YETI Holdings, Inc. compare 12.2%
CALY Callaway Golf Company compare 9.56%
OSW OneSpaWorld Holdings Limited compare 9.12%
MAT Mattel, Inc. compare 7.82%
PTON Peloton Interactive, Inc. compare 0.00%
Leisure industry median 4.91%
Consumer Cyclical sector median 3.88%
Market median 0.00%

What Operating margin is

EBIT Margin tells an investor how much operating profit, before interest and taxes, a company keeps from each unit of revenue.

EBIT ÷ Revenue

The full definition of Operating margin →

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