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Planet Fitness PLNT Free cash flow margin

Free cash flow margin at other companies

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15.4%+2.4pp
Xponential Fitness logo
Xponential FitnessXPOF
-2.8%-6.1pp
Life Time Group Holdings logo
Life Time Group HoldingsLTH
-4.7%-8.5pp
Papa John's International logo
Papa John's InternationalPZZA
1.7%
Wingstop logo
WingstopWING
19.7%+4.6pp
Regis Corporation logo
Regis CorporationRGS
6%

Other financials

Income statement

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Revenue$365.2M+7.1%
Gross profit$300.7M+6.8%
Operating income$123.8M+20.9%
Net income$67.1M+15.6%
EPS (diluted)$0.87+26.1%

Balance sheet

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Cash & equivalents$371.2M-5.3%
Total debt$3.0B+13.4%
Total equity-$612.7M-286%
Total assets$3.0B-3.7%

Cash flow

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Operating cash flow$45.9M+4.5%
CapEx$41.9M+17.3%
Free cash flow$4.0M-51.3%

Valuation

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Market cap$4.05B-54.5%
Enterprise value$6.67B-40.1%
P/E17×-30.1×
P/S2.9×-4.2×

Profitability

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Gross margin81.7%-1.7pp
Operating margin30.9%+2.7pp
Net margin16.9%+1.8pp

Returns & leverage

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Return on equity-61.7%
Debt / equity50.9×
Current ratio1.6×-0.5×

Where this comes from

Calculated from Planet Fitness’s reported figures.

Based on trailing twelve months.

The source filing: Planet Fitness’s 10-Q, filed August 6, 2026. Open the filing →

Filed
Aug 6, 2026, 4:17 PM EDT
Fiscal quarter
Q2 FY2026
Calendar quarter
Q2 2026
Accession
0001637207-26-000044

FAQ

What is Planet Fitness's free cash flow margin?
Planet Fitness (PLNT) reported free cash flow margin of 18.6% in Q2 2026.
How has Planet Fitness's free cash flow margin changed year-over-year?
Planet Fitness's free cash flow margin increased by 13.6% year-over-year, from 16.3% to 18.6%.
What is the long-term trend for Planet Fitness's free cash flow margin?
Over 4 years (2021 to 2025), Planet Fitness's free cash flow margin has grown at a -4.4% compound annual growth rate (CAGR), from 23% to 19.2%.
What does free cash flow margin mean?
Free cash flow (operating cash flow minus capital expenditures) as a percentage of revenue, trailing twelve months. Measures how efficiently revenue converts into discretionary cash.

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