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

Simplified Detailed

	FY'25	FY'24	FY'23	FY'22
Profitability
Gross margin	82.6%-0.7pp	83.3%+1.1pp	82.3%+1.2pp	81.1%-1.7pp
Operating margin	29.8%+2.4pp	27.4%+2.0pp	25.5%+0.9pp	24.6%+0.1pp
Net margin	16.5%+2.0pp	14.6%+1.6pp	12.9%+2.3pp	10.6%+3.3pp
EBITDA margin	41.6%+0.6pp	41%+1.6pp	39.4%+1.6pp	37.8%+2.7pp
Free cash flow margin	19.2%+3.3pp	16%-2.2pp	18.1%+3.2pp	15%-8.1pp
Returns
Return on assets	7.1%+1.4pp	5.7%+0.9pp	4.7%+0.7pp	4.1%+1.9pp
Return on invested capital	13.9%+2.2pp	11.7%+1.0pp	10.7%-2.3pp	13%-6.6pp
Efficiency
Asset turnover	0.4×0.0×	0.4×0.0×	0.4×0.0×	0.4×+0.1×
Inventory turnover	33.6×-2.9×	36.4×-1.8×	38.2×-17.0×	55.2×-68.9×
Liquidity
Current ratio	2.1×0.0×	2.1×+0.2×	1.9×-0.4×	2.3×-1.5×
Quick ratio	2.1×0.0×	2.1×+0.2×	1.9×-0.4×	2.3×-1.5×
Cash ratio	1.3×+0.1×	1.2×0.0×	1.3×-0.7×	1.9×-1.5×
Leverage
Debt-to-assets	0.9×+0.1×	0.9×0.0×	0.8×0.0×	0.8×-0.1×
Net debt / EBITDA	4.6×-0.1×	4.7×-0.2×	4.9×-0.5×	5.4×-1.3×
Interest coverage	3.6×+0.4×	3.2×+0.1×	3.2×+0.6×	2.6×+0.8×
Per Share
Book value per share	-$5.77-130%	-$2.51-84.8%	-$1.36+42.3%	-$2.35+69.4%
Valuation
Market capitalization	$9B+8.1%	$8.32B+32.7%	$6.27B-4.6%	$6.57B-12.9%
Enterprise value	$11.54B+9.0%	$10.59B+26.8%	$8.35B-1.5%	$8.47B-5.0%
Price / earnings	41.1×-7.3×	48.4×+3.0×	45.3×-20.8×	66.1×-110×
Price / sales	6.8×-0.2×	7×+1.2×	5.9×-1.2×	7×-5.8×
EV / EBITDA	21×-0.9×	21.8×+2.1×	19.8×-4.2×	23.9×-19.3×
EV / sales	8.7×-0.2×	9×+1.2×	7.8×-1.3×	9×-6.2×
Free cash flow yield	2.8%+0.6pp	2.3%-0.8pp	3.1%+1.0pp	2.1%+0.3pp
Earnings yield	2.4%+0.4pp	2.1%-0.1pp	2.2%+0.7pp	1.5%+0.9pp
PEG ratio	1.5×-0.5×	2×+0.8×	1.2×+0.7×	0.5×—

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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.