See more : Nippon Shikizai, Inc. (4920.T) Income Statement Analysis – Financial Results
Complete financial analysis of Planet Fitness, Inc. (PLNT) income statement, including revenue, profit margins, EPS and key performance metrics. Get detailed insights into the financial performance of Planet Fitness, Inc., a leading company in the Leisure industry within the Consumer Cyclical sector.
You may be interested
- NanJi E-Commerce Co., LTD (002127.SZ) Income Statement Analysis – Financial Results
- Ayen Enerji A.S. (AYEN.IS) Income Statement Analysis – Financial Results
- Ironbark Capital Limited (IBC.AX) Income Statement Analysis – Financial Results
- Thunderbird Entertainment Group Inc. (THBRF) Income Statement Analysis – Financial Results
- TwentyFour Select Monthly Income Fund Limited (SMIF.L) Income Statement Analysis – Financial Results
Planet Fitness, Inc. (PLNT)
About Planet Fitness, Inc.
Planet Fitness, Inc., together with its subsidiaries, franchises and operates fitness centers under the Planet Fitness brand. It operates through Franchise, Corporate-Owned Stores, and Equipment segments. The Franchise segment is involved in franchising business in the United States, Puerto Rico, Canada, Panama, Mexico, and Australia. The Corporate-Owned Stores segment operates corporate-owned stores in the United States and Canada. The Equipment segment engages in the sale of fitness equipment to franchisee-owned stores in the United States and Canada. As of December 31,2021, the company had 2,254 stores in 50 states, the District of Columbia, Puerto Rico, Canada, Panama, Mexico, and Australia. Planet Fitness, Inc. was founded in 1992 and is headquartered in Hampton, New Hampshire.
| Metric | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 1.07B | 936.77M | 587.02M | 406.62M | 688.80M | 572.90M | 429.94M | 378.24M | 330.54M | 279.78M | 211.01M | 159.69M |
| Cost of Revenue | 513.74M | 462.74M | 271.15M | 220.01M | 330.71M | 280.27M | 189.92M | 182.44M | 170.98M | 149.78M | 123.05M | 87.12M |
| Gross Profit | 557.59M | 474.03M | 315.87M | 186.61M | 358.09M | 292.63M | 240.02M | 195.80M | 159.56M | 130.00M | 87.96M | 72.56M |
| Gross Profit Ratio | 52.05% | 50.60% | 53.81% | 45.89% | 51.99% | 51.08% | 55.83% | 51.77% | 48.27% | 46.46% | 41.69% | 45.44% |
| Research & Development | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| General & Administrative | 117.47M | 80.29M | 71.73M | 0.00 | 0.00 | 72.45M | 60.37M | 50.01M | 55.57M | 27.85M | 17.39M | 20.03M |
| Selling & Marketing | 42.16M | 34.57M | 22.81M | 0.00 | 0.00 | 0.00 | 0.00 | 8.27M | 9.35M | 7.27M | 5.73M | 5.19M |
| SG&A | 124.93M | 114.85M | 94.54M | 68.59M | 78.82M | 72.45M | 60.37M | 50.01M | 55.57M | 35.12M | 23.12M | 25.22M |
| Other Expenses | 159.79M | 129.10M | 77.94M | 58.27M | 46.19M | -6.18M | 316.93M | 1.37M | -275.00K | -1.26M | -694.00K | 0.00 |
| Operating Expenses | 284.72M | 243.96M | 172.48M | 126.85M | 125.01M | 108.58M | 92.48M | 80.14M | 87.46M | 68.46M | 51.93M | 42.67M |
| Cost & Expenses | 798.46M | 706.69M | 443.63M | 346.86M | 455.72M | 388.85M | 282.41M | 262.58M | 258.44M | 218.24M | 174.97M | 129.79M |
| Interest Income | 17.74M | 5.01M | 878.00K | 2.94M | 7.05M | 4.68M | 0.00 | 0.00 | 0.00 | 377.00K | 0.00 | 3.78M |
| Interest Expense | 86.58M | 88.63M | 81.21M | 82.12M | 60.85M | 50.75M | 35.28M | 27.13M | 24.55M | 22.18M | 8.91M | 0.00 |
| Depreciation & Amortization | 149.41M | 124.02M | 62.87M | 53.89M | 44.58M | 35.64M | 32.10M | 31.89M | 32.64M | 32.84M | 29.05M | 12.67M |
| EBITDA | 443.53M | 359.11M | 223.66M | 121.49M | 278.61M | 220.64M | 179.47M | 146.19M | 104.46M | 95.67M | 65.09M | 43.53M |
| EBITDA Ratio | 41.40% | 39.93% | 33.38% | 29.88% | 40.45% | 38.08% | 115.49% | 39.37% | 31.60% | 33.42% | 30.52% | 29.67% |
| Operating Income | 272.86M | 230.08M | 143.40M | 59.76M | 233.08M | 184.04M | 147.54M | 115.66M | 72.10M | 61.54M | 36.04M | 34.71M |
| Operating Income Ratio | 25.47% | 24.56% | 24.43% | 14.70% | 33.84% | 32.13% | 34.32% | 30.58% | 21.81% | 22.00% | 17.08% | 21.73% |
| Total Other Income/Expenses | -65.32M | -68.64M | -91.44M | -74.28M | -59.91M | -52.24M | 281.65M | -25.75M | -24.82M | -23.06M | -9.61M | -8.60M |
| Income Before Tax | 207.54M | 161.44M | 51.96M | -14.52M | 173.18M | 131.80M | 429.18M | 89.91M | 47.28M | 38.48M | 26.43M | 26.11M |
| Income Before Tax Ratio | 19.37% | 17.23% | 8.85% | -3.57% | 25.14% | 23.01% | 99.82% | 23.77% | 14.30% | 13.75% | 12.53% | 16.35% |
| Income Tax Expense | 58.51M | 50.52M | 5.66M | 687.00K | 37.76M | 28.64M | 373.58M | 18.66M | 9.15M | 1.18M | 633.00K | 712.00K |
| Net Income | 138.31M | 99.40M | 42.77M | -15.20M | 117.70M | 88.02M | 33.15M | 21.50M | 18.52M | 36.81M | 25.44M | 2.12M |
| Net Income Ratio | 12.91% | 10.61% | 7.29% | -3.74% | 17.09% | 15.36% | 7.71% | 5.68% | 5.60% | 13.16% | 12.06% | 1.33% |
| EPS | 1.63 | 1.18 | 0.51 | -0.19 | 1.42 | 1.01 | 0.42 | 0.50 | 0.51 | 1.04 | 0.72 | 0.00 |
| EPS Diluted | 1.62 | 1.18 | 0.51 | -0.19 | 1.41 | 1.00 | 0.42 | 0.50 | 0.51 | 1.04 | 0.72 | 0.00 |
| Weighted Avg Shares Out | 84.90M | 84.14M | 83.30M | 80.30M | 82.98M | 87.24M | 78.91M | 43.30M | 36.24M | 35.23M | 35.23M | 0.00 |
| Weighted Avg Shares Out (Dil) | 85.18M | 84.54M | 83.89M | 80.30M | 83.62M | 87.67M | 78.97M | 43.31M | 36.60M | 35.23M | 35.23M | 0.00 |
Why Is Planet Fitness (PLNT) Up 4.3% Since Last Earnings Report?
Planet Fitness (PLNT) reported earnings 30 days ago. What's next for the stock?
Forget Peloton: Here's 1 Fitness Stock to Buy in 2024
Investors are well aware of Peloton's ongoing challenges. There's a growing and profitable fitness center chain that operates a proven business model.
Analyst: Planet Fitness Stock Is a 'Bullish Fresh Pick'
Baird named Planet Fitness Inc (NYSE:PLNT) a “bullish fresh pick” through the end of the year, and maintained its "overweight" rating on the stock.
Here's Why You Should Retain Planet Fitness (PLNT) Stock for Now
Planet Fitness (PLNT) aids from its new growth model, strategic membership pricing, and international expansion efforts. Yet, economic risks and inflation ail.
As strength training gets more popular, Peloton and Planet Fitness shift focus
Peloton and Planet Fitness are expanding their investments in strength over cardio equipment as more women and young people opt for weights at the gym. Planet Fitness changed its gyms up to focus on strength workouts and noted that strength...
Planet Fitness: Visible Catalysts, But I Am Still Waiting For Growth To Accelerate
PLNT showed improvement in revenue and earnings in Q2 2024, beating expectations. I believe the new CEO, Colleen Keating, is a good fit for the business. Potential for growth acceleration in FY25, but a cautious stance is maintained until concrete...
Planet Fitness (PLNT) Q2 Earnings: How Key Metrics Compare to Wall Street Estimates
While the top- and bottom-line numbers for Planet Fitness (PLNT) give a sense of how the business performed in the quarter ended June 2024, it could be worth looking at how some of its key metrics compare to Wall Street...
Planet Fitness (PLNT) Q2 Earnings & Revenues Top Estimates
Planet Fitness' (PLNT) second-quarter 2024 results reflect increased contributions from the Franchise and Corporate-owned Stores segments, indicating increased system-wide same-store sales.
Planet Fitness, Inc. (PLNT) Q2 2024 Earnings Call Transcript
Planet Fitness, Inc. (NYSE:PLNT ) Q2 2024 Earnings Conference Call August 6, 2024 8:00 AM ET Company Participants Stacey Caravella - Vice President of Investor Relations Colleen Keating - Chief Executive Officer Thomas Fitzgerald - Chief Financial Officer Conference Call...
Planet Fitness pops on Q2 earnings beat
Planet Fitness (NYSE:PLNT) shares surged almost 10% as the gym franchise's second quarter earnings topped estimates. Revenue grew 5.1% year-over-year to $300.9 million, ahead of estimates of $292.4 million.
Source: https://incomestatements.info
Category: Stock Reports