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Planet Fitness PLNT Operating margin

Operating margin at other companies

Life Time Group Holdings logo
Life Time Group HoldingsLTH
16.5%+2.1pp
McDonald's logo
McDonald'sMCD
46.3%+1.0pp
Domino's Pizza logo
Domino's PizzaDPZ
19.6%+1.0pp
Wingstop logo
WingstopWING
27%+2.2pp
Compass logo
CompassCOMP
-4.3%-7.5pp

Other financials

Income statement

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Revenue$337.2M+21.9%
Gross profit$291.9M+14.8%
Operating income$98.7M+24.6%
Net income$51.6M+23.1%
EPS (diluted)$0.65+30.0%

Balance sheet

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Cash & equivalents$456.5M+14.0%
Total debt$2.9B+11.4%
Total equity-$482.2M-119%
Total assets$3.1B+0.4%

Cash flow

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Operating cash flow$147.5M+10.2%
CapEx$25.5M+10.6%
Free cash flow$122.0M+10.1%

Valuation

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Market cap$4.19B-27.3%
Enterprise value$6.67B-19.0%
P/E18.3×-13.8×
P/S-1.7×

Profitability

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Gross margin81.7%-1.7pp
Net margin16.5%+1.7pp
FCF margin19.2%-0.3pp

Returns & leverage

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Return on equity-65.2%
Debt / equity50.9×
Current ratio2.1×0.0×

Where this comes from

Calculated from Planet Fitness’s reported figures.

Based on trailing twelve months.

The official record: Planet Fitness’s 10-Q, filed May 7, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is Planet Fitness's operating margin?
Planet Fitness (PLNT) reported operating margin of 29.9% in Q1 2026.
How has Planet Fitness's operating margin changed year-over-year?
Planet Fitness's operating margin increased by 7.2% year-over-year, from 27.9% to 29.9%.
What is the long-term trend for Planet Fitness's operating margin?
Over 5 years (2020 to 2025), Planet Fitness's operating margin has grown at a 15.2% compound annual growth rate (CAGR), from 14.7% to 29.8%.
What does operating margin mean?
Operating income as a percentage of revenue (trailing twelve months). Captures profitability from core operations after both cost of revenue and operating expenses, but before interest and taxes.