Planet Fitness (PLNT) Goodwill written off on sale of business — Quarterly & Annual

Screener

Goodwill written off on sale of business at other companies

RB GlobalRBA

$3.75M—

Kimberly-ClarkKMB

$5.25M+200%

Constellation BrandsSTZ

$18.3M—

LyondellBasell Industries N.V.LYB

$500K—

Vulcan Materials CompanyVMC

$0-100%

Morgan StanleyMS

$250K-80.0%

Segments

By segment

Corporate-owned clubs$10.55M—

Equipment$0—

Franchise$0—

Other financials

Income statement

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

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

Operating cash flow$45.9M+4.5%

CapEx$41.9M+17.3%

Free cash flow$4.0M-51.3%

Valuation

Market cap$4.05B-54.5%

Enterprise value$6.67B-40.1%

P/E17×-30.1×

P/S2.9×-4.2×

Profitability

Gross margin81.7%-1.7pp

Operating margin30.9%+2.7pp

Net margin16.9%+1.8pp

FCF margin18.6%+2.2pp

Returns & leverage

Return on equity-61.7%—

Debt / equity50.9×—

Current ratio1.6×-0.5×