Planet Return On Assets from 2010 to 2024

PLNT Stock  USD 101.53  1.51  1.51%   
Planet Fitness Return On Assets yearly trend continues to be comparatively stable with very little volatility. Return On Assets will likely drop to 0.04 in 2024. Return On Assets is a profitability ratio that indicates the percentage of profit Planet Fitness earns in relation to its overall resources. It is calculated by dividing net income by total assets. View All Fundamentals
 
Return On Assets  
First Reported
2010-12-31
Previous Quarter
0.04657485
Current Value
0.0411
Quarterly Volatility
0.01950936
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Planet Fitness financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Planet Fitness' main balance sheet or income statement drivers, such as Depreciation And Amortization of 156.9 M, Selling General Administrative of 66.1 M or Selling And Marketing Expenses of 44.3 M, as well as many indicators such as Price To Sales Ratio of 5.33, Dividend Yield of 8.0E-4 or Days Sales Outstanding of 34.69. Planet financial statements analysis is a perfect complement when working with Planet Fitness Valuation or Volatility modules.
  
Check out the analysis of Planet Fitness Correlation against competitors.
For more information on how to buy Planet Stock please use our How to Invest in Planet Fitness guide.

Latest Planet Fitness' Return On Assets Growth Pattern

Below is the plot of the Return On Assets of Planet Fitness over the last few years. It is a profitability ratio that indicates the percentage of profit a company earns in relation to its overall resources. It is calculated by dividing net income by total assets. Planet Fitness' Return On Assets historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Planet Fitness' overall financial position and show how it may be relating to other accounts over time.
Return On Assets10 Years Trend
Pretty Stable
   Return On Assets   
       Timeline  

Planet Return On Assets Regression Statistics

Arithmetic Mean0.04
Coefficient Of Variation49.70
Mean Deviation0.01
Median0.05
Standard Deviation0.02
Sample Variance0.0004
Range0.0768
R-Value(0.20)
Mean Square Error0.0004
R-Squared0.04
Significance0.47
Slope(0.0009)
Total Sum of Squares0.01

Planet Return On Assets History

2024 0.0411
2023 0.0466
2022 0.0348
2021 0.0212
2020 -0.00822
2019 0.0685
2018 0.065

About Planet Fitness Financial Statements

Planet Fitness shareholders use historical fundamental indicators, such as Return On Assets, to determine how well the company is positioned to perform in the future. Although Planet Fitness investors may analyze each financial statement separately, they are all interrelated. The changes in Planet Fitness' assets and liabilities, for example, are also reflected in the revenues and expenses on on Planet Fitness' income statement. Understanding these patterns can help investors time the market effectively. Please read more on our fundamental analysis page.
Last ReportedProjected for Next Year
Return On Assets 0.05  0.04 

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Additional Tools for Planet Stock Analysis

When running Planet Fitness' price analysis, check to measure Planet Fitness' market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Planet Fitness is operating at the current time. Most of Planet Fitness' value examination focuses on studying past and present price action to predict the probability of Planet Fitness' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Planet Fitness' price. Additionally, you may evaluate how the addition of Planet Fitness to your portfolios can decrease your overall portfolio volatility.