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%-1.7pp	82.6%-0.7pp	82.9%-1.7pp	83.4%-0.3pp	83.4%+0.7pp
Operating margin	29.9%+2.0pp	29.8%+2.4pp	29.4%+2.2pp	28.2%+1.5pp	27.9%+1.8pp
Net margin	16.5%+1.7pp	16.5%+2.0pp	16%+1.7pp	15.1%+1.0pp	14.8%+1.2pp
EBITDA margin	41.3%+0.3pp	41.6%+0.6pp	41.5%+0.2pp	40.8%+0.1pp	41%+1.0pp
Free cash flow margin	19.2%-0.3pp	19.2%+3.3pp	15.7%-1.5pp	16.3%-0.4pp	19.5%+2.9pp
Returns
Return on assets	7.4%+1.5pp	7.1%+1.4pp	6.7%+1.4pp	6.2%+0.8pp	5.9%+0.8pp
Return on invested capital	14.9%+2.6pp	13.9%+2.2pp	13.3%+2.1pp	12.4%+1.4pp	12.3%+1.1pp
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×+16.8×	33.6×-2.9×	37.3×+9.2×	43.6×+13.4×	57.9×+19.8×
Liquidity
Current ratio	2.1×0.0×	2.1×0.0×	2.1×+0.1×	2.1×+0.2×	2.1×0.0×
Quick ratio	2.1×0.0×	2.1×0.0×	2.1×+0.1×	2×+0.2×	2.1×0.0×
Cash ratio	1.4×0.0×	1.3×+0.1×	1.3×0.0×	1.3×+0.2×	1.4×0.0×
Leverage
Debt-to-assets	0.9×+0.1×	0.9×+0.1×	0.9×0.0×	0.8×0.0×	0.9×0.0×
Net debt / EBITDA	4.3×-0.2×	4.6×-0.1×	4.2×-0.7×	4.4×-0.7×	4.5×-0.2×
Interest coverage	3.6×+0.4×	3.6×+0.4×	3.6×+0.3×	3.3×0.0×	3.2×-0.1×
Per Share
Book value per share	-$6.04-132%	-$5.77-130%	-$2.33+25.9%	-$1.89+48.3%	-$2.61-136%
Valuation
Market capitalization	$5.91B-27.3%	$9B+8.1%	$8.71B+23.5%	$9.06B+41.6%	$8.12B+50.9%
Enterprise value	$8.38B-19.0%	$11.54B+9.0%	$10.94B+17.6%	$11.3B+29.7%	$10.35B+39.3%
Price / earnings	25.8×-19.4×	41.1×-7.3×	42.3×-1.7×	47.9×+7.3×	45.2×+9.3×
Price / sales	4.3×-2.4×	6.8×-0.2×	6.8×+0.5×	7.2×+1.5×	6.7×+1.8×
EV / EBITDA	14.7×-6.2×	21×-0.9×	20.5×+0.5×	22.1×+2.9×	20.8×+3.9×
EV / sales	6.1×-2.5×	8.7×-0.2×	8.5×+0.2×	9×+1.2×	8.6×+1.8×
Free cash flow yield	4.5%+1.6pp	2.8%+0.6pp	2.3%-0.4pp	2.3%-0.6pp	2.9%-0.5pp
Earnings yield	3.9%+1.7pp	2.4%+0.4pp	2.4%+0.1pp	2.1%-0.4pp	2.2%-0.6pp
PEG ratio	0.9×-1.3×	1.5×-0.5×	1.5×-1.1×	2.4×+0.9×	2.3×+1.4×

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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.