PLNT - Planet Fitness, Inc.
Price:
--
--
|
CONSENSUS:
Buy
DETAILS
|
PRICE TARGET:
$77.88
DETAILS
HIGH:
$133.00
LOW:
$47.00
MEDIAN:
$72.00
CONSENSUS:
$77.88
UPSIDE:
49.63%
| Metric | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | ||||||||||||||
| Revenue | 1,324.1 | 1,181.7 | 1,071.3 | 936.8 | 587.0 | 406.6 | 688.8 | 572.9 | 429.9 | 378.2 | 330.5 | 279.8 | 211.0 | 159.7 |
| Cost of Revenue | 230.3 | 566.6 | 513.7 | 462.7 | 271.2 | 220.0 | 330.7 | 280.3 | 189.9 | 182.4 | 171.0 | 149.8 | 123.0 | 87.1 |
| Gross Profit | 1,093.8 | 615.0 | 557.6 | 474.0 | 315.9 | 186.6 | 358.1 | 292.6 | 240.0 | 195.8 | 159.6 | 130.0 | 88.0 | 72.6 |
| Operating Expenses | ||||||||||||||
| R&D Expenses | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| SG&A Expenses | 137.6 | 170.7 | 124.9 | 114.9 | 94.5 | 68.6 | 78.8 | 72.4 | 60.4 | 50.0 | 55.6 | 35.1 | 23.1 | 25.2 |
| Other Expenses | 561.5 | 120.1 | 159.8 | 129.1 | 77.9 | 58.3 | 46.2 | 36.1 | 32.1 | 30.1 | 31.9 | 33.3 | 28.8 | 0 |
| Operating Expenses | 699.2 | 290.8 | 284.7 | 244.0 | 172.5 | 126.9 | 125.0 | 108.6 | 92.5 | 80.1 | 87.5 | 68.5 | 51.9 | 42.7 |
| Operating Income | ||||||||||||||
| Operating Income | 394.7 | 324.2 | 272.9 | 230.1 | 143.4 | 59.8 | 233.1 | 184.0 | 147.5 | 115.7 | 72.1 | 61.5 | 36.0 | 34.7 |
| Interest Expense | 108.2 | 100.0 | 86.6 | 88.6 | 81.2 | 82.1 | 60.9 | 50.7 | 35.3 | 27.1 | 24.5 | 22.2 | 8.9 | 0 |
| Interest Income | 23.0 | 23.1 | 17.7 | 5.0 | 0.9 | 2.9 | 7.1 | 4.7 | 0 | 0 | 0 | 0.4 | 0 | 3.8 |
| Profitability | ||||||||||||||
| EBITDA | 570.2 | 507.1 | 443.5 | 374.1 | 196.0 | 121.4 | 278.6 | 218.2 | 496.6 | 148.9 | 104.5 | 93.1 | 64.4 | 43.5 |
| EBIT | 414.4 | 346.8 | 294.1 | 250.1 | 133.2 | 67.6 | 234.0 | 182.6 | 464.5 | 117.1 | 71.8 | 60.3 | 35.3 | 30.9 |
| Income Before Tax | 306.1 | 242.7 | 205.5 | 161.0 | 51.8 | (14.5) | 173.2 | 131.8 | 429.2 | 89.9 | 47.3 | 38.5 | 26.4 | 26.1 |
| Income Tax Expense | 85.9 | 68.4 | 58.5 | 50.5 | 5.7 | 0.7 | 37.8 | 28.6 | 373.6 | 18.7 | 9.1 | 1.2 | 0.6 | 0.7 |
| Net Income | 219.1 | 172.0 | 138.3 | 99.4 | 42.8 | (15.0) | 117.7 | 88.0 | 33.1 | 21.5 | 18.5 | 36.8 | 25.4 | 2.1 |
| Per Share Data | ||||||||||||||
| EPS (Basic) | 2.62 | 2.01 | 1.63 | 1.18 | 0.51 | -0.19 | 1.42 | 1.01 | 0.42 | 0.50 | 0.51 | 1.04 | 0.72 | 0.06 |
| EPS (Diluted) | 2.62 | 2.00 | 1.62 | 1.18 | 0.51 | -0.19 | 1.41 | 1.00 | 0.42 | 0.50 | 0.51 | 1.04 | 0.72 | 0.06 |
| Shares Outstanding | 83.5 | 85.6 | 84.9 | 84.1 | 83.3 | 80.3 | 83.0 | 87.2 | 78.9 | 43.3 | 36.2 | 35.2 | 35.2 | 35.2 |
| Metric | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 |
|---|---|---|---|---|---|---|---|---|---|---|
| Current Assets | ||||||||||
| Cash & Cash Equivalents | 345.7 | 293.1 | 275.8 | 409.8 | 545.9 | 439.5 | 436.3 | 289.4 | 113.1 | 40.4 |
| Short-Term Investments | 106.8 | 114.2 | 74.9 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Net Receivables | 104.5 | 96.5 | 56.3 | 66.7 | 44.4 | 38.7 | 52.4 | 58.3 | 56.8 | 42.4 |
| Inventory | 7.6 | 6.1 | 4.7 | 5.3 | 1.2 | 0.5 | 0.9 | 5.1 | 2.7 | 1.8 |
| Other Current Assets | 93.9 | 56.5 | 46.3 | 62.7 | 58.0 | 76.3 | 42.5 | 30.7 | 0.5 | 3.1 |
| Total Current Assets | 658.4 | 588.0 | 471.8 | 555.5 | 662.4 | 566.8 | 540.1 | 388.5 | 177.0 | 91.2 |
| Non-Current Assets | ||||||||||
| Property, Plant & Equipment | 876.1 | 819.2 | 771.4 | 695.8 | 364.0 | 324.9 | 301.1 | 114.4 | 83.3 | 61.2 |
| Goodwill | 712.5 | 720.6 | 717.5 | 702.7 | 228.6 | 227.8 | 227.8 | 199.5 | 177.0 | 177.0 |
| Intangible Assets | 286.4 | 323.3 | 372.5 | 417.1 | 200.9 | 217.1 | 233.9 | 234.3 | 235.7 | 253.9 |
| Long-Term Investments | 69.7 | 141.3 | 128.4 | 25.1 | 18.8 | 0 | 0 | 0 | 0.3 | 0.3 |
| Other Non-Current Assets | 93.7 | 7.1 | 3.9 | 3.9 | 2.0 | 1.9 | 1.9 | 1.8 | 11.4 | 7.4 |
| Total Non-Current Assets | 2,445.0 | 2,481.7 | 2,497.9 | 2,299.1 | 1,353.6 | 1,282.9 | 1,177.1 | 964.9 | 915.5 | 910.2 |
| Total Assets | 3,103.4 | 3,069.7 | 2,969.7 | 2,854.6 | 2,016.0 | 1,849.7 | 1,717.2 | 1,353.4 | 1,092.5 | 1,001.4 |
| Current Liabilities | ||||||||||
| Account Payables | 39.7 | 32.9 | 23.8 | 20.6 | 27.9 | 19.4 | 21.3 | 30.4 | 28.6 | 28.5 |
| Short-Term Debt | 23.9 | 22.5 | 20.8 | 20.8 | 17.5 | 17.5 | 17.5 | 12 | 7.2 | 7.2 |
| Deferred Revenue | 58.6 | 62.1 | 59.6 | 53.8 | 28.4 | 26.7 | 27.6 | 23.5 | 19.1 | 17.8 |
| Other Current Liabilities | 190.3 | 41.5 | 39.6 | 50.5 | 30.9 | 26.3 | 21.0 | 8.3 | 7.5 | 2.5 |
| Total Current Liabilities | 312.5 | 282.5 | 251.3 | 244.5 | 176.6 | 111.9 | 145.5 | 131.4 | 112.0 | 83.3 |
| Non-Current Liabilities | ||||||||||
| Long-Term Debt | 419.1 | 2,148.0 | 1,962.9 | 1,978.1 | 1,740.3 | 1,751.4 | 1,687.5 | 1,160.1 | 696.6 | 702.0 |
| Deferred Tax Liabilities | 1.2 | 1.4 | 1.6 | 1.5 | 0 | 0.9 | 1.1 | 2.3 | 1.6 | 1.2 |
| Other Non-Current Liabilities | 2,854.0 | 415.9 | 459.2 | 467.0 | 510.8 | 490.7 | 403.5 | 416.0 | 410.7 | 421.3 |
| Total Non-Current Liabilities | 3,274.3 | 3,002.6 | 2,837.4 | 2,821.6 | 2,482.2 | 2,443.5 | 2,279.5 | 1,604.8 | 1,117.4 | 1,132.9 |
| Total Liabilities | 3,586.8 | 3,285.1 | 3,088.7 | 3,066.2 | 2,658.8 | 2,555.4 | 2,424.9 | 1,736.2 | 1,229.4 | 1,216.2 |
| Stockholders' Equity | ||||||||||
| Common Stock | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 |
| Retained Earnings | (1,107.4) | (822.2) | (691.5) | (703.7) | (708.8) | (751.6) | (736.6) | (394.4) | (131.0) | (164.1) |
| Accumulated Other Comprehensive Income | 1.3 | (2.3) | 0.2 | (0.4) | 0.0 | 0.0 | 0.3 | 0.1 | (0.6) | (1.2) |
| Total Stockholders' Equity | (483.4) | (215.4) | (115.6) | (199.0) | (645.4) | (705.9) | (706.5) | (374.6) | (119.5) | (130.8) |
| Total Liabilities & Equity | 3,103.4 | 3,069.7 | 2,969.7 | 2,854.6 | 2,016.0 | 1,849.7 | 1,717.2 | 1,353.4 | 1,092.5 | 1,001.4 |
| Debt Metrics | ||||||||||
| Total Debt | 443.0 | 2,575.9 | 2,365.2 | 2,340.7 | 1,955.5 | 1,936.8 | 1,857.9 | 1,172.1 | 703.8 | 709.2 |
| Net Debt | 97.3 | 2,282.7 | 2,089.4 | 1,930.9 | 1,409.5 | 1,497.4 | 1,421.7 | 882.7 | 590.7 | 668.8 |
| Metric | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 |
|---|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | ||||||||||
| Net Income | 219.1 | 174.2 | 147.0 | 110.5 | 46.1 | (15.2) | 135.4 | 103.2 | 55.6 | 71.2 |
| Depreciation & Amortization | 155.8 | 160.3 | 149.4 | 124.0 | 62.8 | 53.9 | 44.6 | 35.6 | 32.1 | 31.9 |
| Stock-Based Compensation | 12.3 | 8.9 | 7.9 | 8.1 | 8.8 | 4.8 | 4.8 | 5.5 | 2.5 | 1.7 |
| Change in Working Capital | (40.4) | (19.6) | 6.9 | (21.2) | 36.1 | 7.3 | (14.8) | 0.9 | (18.9) | (17.2) |
| Other Non-Cash Items | 7.7 | (37.0) | (30.2) | (16.0) | 22.2 | (20.8) | 6.7 | 10.6 | 4.6 | 5.5 |
| Operating Cash Flow | 418.4 | 343.9 | 330.3 | 240.2 | 189.3 | 31.1 | 204.3 | 184.4 | 131.0 | 108.8 |
| Investing Activities | ||||||||||
| Capital Expenditure | (163.7) | (155.1) | (136.0) | (100.1) | (54.1) | (52.6) | (110.8) | (86.6) | (37.7) | (15.4) |
| Acquisitions | 0 | 0 | (43.3) | (404.1) | (1.9) | 0 | 0 | 0 | 0 | 0 |
| Purchases of Investments | (156.1) | (156.6) | (241.3) | (2.4) | (35) | 0 | 0 | 0 | 0 | 0 |
| Sales/Maturities of Investments | 141.6 | 103.7 | 80.5 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Investing Activities | 18.1 | (0.7) | 0.1 | 0.1 | 0.0 | 0.3 | (52.8) | (45.6) | 0.7 | 0.7 |
| Investing Cash Flow | (160.2) | (208.7) | (340.0) | (506.6) | (90.9) | (52.3) | (110.7) | (86.4) | (37.0) | (14.7) |
| Financing Activities | ||||||||||
| Net Debt Issuance | 304.5 | 191.2 | (20.9) | 249.9 | (17.7) | 57.3 | 537.9 | 487.5 | (7.2) | 224.3 |
| Stock Repurchased | (500.4) | (300.2) | (125.0) | (94.3) | 0 | 0 | (458.2) | (342.4) | 0 | (1.6) |
| Dividends Paid | (1.5) | (4.8) | (4.6) | (4.6) | (0.8) | (2.1) | (7.7) | (9.3) | (13.3) | (302.8) |
| Other Financing Activities | (2.5) | (13.1) | 0 | (16.2) | 0 | 0 | (10.6) | (27.1) | (1.6) | (5.2) |
| Financing Cash Flow | (198.1) | (105.0) | (141.4) | 135.7 | (10.2) | 57.9 | 64.3 | 109.9 | (21.7) | (85.2) |
| Cash Position | ||||||||||
| Net Change in Cash | 62.3 | 27.6 | (150.4) | (131.4) | 88.1 | 37.0 | 158.7 | 207.1 | 72.7 | 9.0 |
| Cash at Beginning | 349.7 | 322.1 | 472.5 | 603.9 | 515.8 | 478.8 | 320.1 | 113.1 | 40.4 | 31.4 |
| Cash at End | 412.0 | 349.7 | 322.1 | 472.5 | 603.9 | 515.8 | 478.8 | 320.1 | 113.1 | 40.4 |
| Free Cash Flow | 254.8 | 188.8 | 194.3 | 140.2 | 135.2 | (21.4) | 93.5 | 97.8 | 93.3 | 93.4 |
| Key Metrics | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Income Statement | ||||||||||||||
| Revenue | 1,324.1 | 1,181.7 | 1,071.3 | 936.8 | 587.0 | 406.6 | 688.8 | 572.9 | 429.9 | 378.2 | 330.5 | 279.8 | 211.0 | 159.7 |
| Gross Profit | 1,093.8 | 615.0 | 557.6 | 474.0 | 315.9 | 186.6 | 358.1 | 292.6 | 240.0 | 195.8 | 159.6 | 130.0 | 88.0 | 72.6 |
| Operating Income | 394.7 | 324.2 | 272.9 | 230.1 | 143.4 | 59.8 | 233.1 | 184.0 | 147.5 | 115.7 | 72.1 | 61.5 | 36.0 | 34.7 |
| Net Income | 219.1 | 172.0 | 138.3 | 99.4 | 42.8 | (15.0) | 117.7 | 88.0 | 33.1 | 21.5 | 18.5 | 36.8 | 25.4 | 2.1 |
| EPS (Diluted) | 2.62 | 2.00 | 1.62 | 1.18 | 0.51 | -0.19 | 1.41 | 1.00 | 0.42 | 0.50 | 0.51 | 1.04 | 0.72 | 0.06 |
| Balance Sheet | ||||||||||||||
| Cash & Equivalents | 345.7 | 293.1 | 275.8 | 409.8 | 545.9 | 439.5 | 436.3 | 289.4 | 113.1 | 40.4 | ||||
| Total Assets | 3,103.4 | 3,069.7 | 2,969.7 | 2,854.6 | 2,016.0 | 1,849.7 | 1,717.2 | 1,353.4 | 1,092.5 | 1,001.4 | ||||
| Total Debt | 443.0 | 2,575.9 | 2,365.2 | 2,340.7 | 1,955.5 | 1,936.8 | 1,857.9 | 1,172.1 | 703.8 | 709.2 | ||||
| Stockholders' Equity | (483.4) | (215.4) | (115.6) | (199.0) | (645.4) | (705.9) | (706.5) | (374.6) | (119.5) | (130.8) | ||||
| Cash Flow | ||||||||||||||
| Operating Cash Flow | 418.4 | 343.9 | 330.3 | 240.2 | 189.3 | 31.1 | 204.3 | 184.4 | 131.0 | 108.8 | ||||
| Capital Expenditure | (163.7) | (155.1) | (136.0) | (100.1) | (54.1) | (52.6) | (110.8) | (86.6) | (37.7) | (15.4) | ||||
| Free Cash Flow | 254.8 | 188.8 | 194.3 | 140.2 | 135.2 | (21.4) | 93.5 | 97.8 | 93.3 | 93.4 | ||||