What are Planet Fitness's profit margins?

Planet Fitness (PLNT) runs a 81.7% gross margin and a 29.9% operating margin, with a 16.5% net margin.

Where do Planet Fitness's ratios come from?

Every ratio is computed from Planet Fitness's SEC filings — trailing-twelve-month flows over period-end balances. Valuation multiples combine those fundamentals with market data, recomputed each period. Switch between quarterly, annual, and TTM, or open any ratio for its full history and peer comparisons.

Planet Fitness PLNT Ratios & Valuation

Income Statement Balance Sheet Cash Flow Ratios Segments

Quarterly Annual TTM

YoY QoQ

Simplified Detailed

	Q1 '26	Q4 '25	Q3 '25	Q2 '25	Q1 '25
Profitability
Gross margin	81.7%-0.9pp	82.6%-0.3pp	82.9%-0.5pp	83.4%-0.1pp	83.4%+0.1pp
Operating margin	29.9%+0.1pp	29.8%+0.4pp	29.4%+1.2pp	28.2%+0.3pp	27.9%+0.5pp
Net margin	16.5%0.0pp	16.5%+0.6pp	16%+0.9pp	15.1%+0.3pp	14.8%+0.3pp
EBITDA margin	41.3%-0.3pp	41.6%+0.1pp	41.5%+0.6pp	40.8%-0.2pp	41%0.0pp
Free cash flow margin	19.2%0.0pp	19.2%+3.5pp	15.7%-0.6pp	16.3%-3.2pp	19.5%+3.5pp
Returns
Return on assets	7.4%+0.3pp	7.1%+0.4pp	6.7%+0.5pp	6.2%+0.3pp	5.9%+0.2pp
Return on invested capital	14.9%+1.0pp	13.9%+0.6pp	13.3%+0.9pp	12.4%+0.1pp	12.3%+0.6pp
Efficiency
Asset turnover	0.4×0.0×	0.4×0.0×	0.4×0.0×	0.4×0.0×	0.4×0.0×
Inventory turnover	74.6×+41.1×	33.6×-3.7×	37.3×-6.3×	43.6×-14.3×	57.9×+21.4×
Liquidity
Current ratio	2.1×0.0×	2.1×0.0×	2.1×0.0×	2.1×0.0×	2.1×0.0×
Quick ratio	2.1×0.0×	2.1×0.0×	2.1×0.0×	2×-0.1×	2.1×0.0×
Cash ratio	1.4×+0.1×	1.3×0.0×	1.3×0.0×	1.3×-0.1×	1.4×+0.2×
Leverage
Debt-to-assets	0.9×0.0×	0.9×+0.1×	0.9×0.0×	0.8×0.0×	0.9×0.0×
Net debt / EBITDA	4.3×-0.3×	4.6×+0.4×	4.2×-0.2×	4.4×-0.1×	4.5×-0.2×
Interest coverage	3.6×0.0×	3.6×+0.1×	3.6×+0.3×	3.3×+0.1×	3.2×0.0×
Per Share
Book value per share	-$6.04-4.8%	-$5.77-148%	-$2.33-23.2%	-$1.89+27.5%	-$2.61-3.8%
Valuation
Market capitalization	$5.91B-34.4%	$9B+3.3%	$8.71B-3.8%	$9.06B+11.6%	$8.12B-2.5%
Enterprise value	$8.38B-27.3%	$11.54B+5.5%	$10.94B-3.2%	$11.3B+9.2%	$10.35B-2.2%
Price / earnings	25.8×-15.3×	41.1×-1.2×	42.3×-5.6×	47.9×+2.7×	45.2×-3.2×
Price / sales	4.3×-2.5×	6.8×0.0×	6.8×-0.5×	7.2×+0.5×	6.7×-0.3×
EV / EBITDA	14.7×-6.3×	21×+0.5×	20.5×-1.7×	22.1×+1.3×	20.8×-1.0×
EV / sales	6.1×-2.7×	8.7×+0.2×	8.5×-0.5×	9×+0.5×	8.6×-0.4×
Free cash flow yield	4.5%+1.7pp	2.8%+0.5pp	2.3%+0.1pp	2.3%-0.7pp	2.9%+0.6pp
Earnings yield	3.9%+1.4pp	2.4%+0.1pp	2.4%+0.3pp	2.1%-0.1pp	2.2%+0.1pp
PEG ratio	0.9×-0.6×	1.5×0.0×	1.5×-0.9×	2.4×+0.1×	2.3×+0.3×

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Questions, answered.

What are Planet Fitness's profit margins?: Planet Fitness (PLNT) runs a 81.7% gross margin and a 29.9% operating margin, with a 16.5% net margin.
Where do Planet Fitness's ratios come from?: Every ratio is computed from Planet Fitness's SEC filings — trailing-twelve-month flows over period-end balances. Valuation multiples combine those fundamentals with market data, recomputed each period. Switch between quarterly, annual, and TTM, or open any ratio for its full history and peer comparisons.