Planet Fitness Financials

PLNT Stock  USD 100.12  1.84  1.87%   
Based on the key indicators related to Planet Fitness' liquidity, profitability, solvency, and operating efficiency, Planet Fitness is not in a good financial situation at the present time. It has a very high chance of going through financial crunch in December. At this time, Planet Fitness' Accumulated Other Comprehensive Income is comparatively stable compared to the past year. Short Term Debt is likely to gain to about 93.1 M in 2024, whereas Total Current Liabilities is likely to drop slightly above 144 M in 2024. Key indicators impacting Planet Fitness' financial strength include:
Current ValueLast YearChange From Last Year 10 Year Trend
Operating Income145.8 M272.9 M
Way Down
Slightly volatile
Current Ratio1.861.8773
Slightly Down
Slightly volatile
The essential information of the day-to-day investment outlook for Planet Fitness includes many different criteria found on its balance sheet. An individual investor should monitor Planet Fitness' cash flow, debt, and profitability to accurately make informed decisions on whether to invest in Planet Fitness.

Net Income

145.23 Million

  
Understanding current and past Planet Fitness Financials, including the trends in assets, liabilities, equity and income are directly related to making proper and timely investing decisions. All of Planet Fitness' financial statements are interrelated, with each one affecting the others. For example, an increase in Planet Fitness' assets may result in an increase in income on the income statement.
Please note, the imprecision that can be found in Planet Fitness' accounting process means that the reasonable investor should take a skeptical approach toward the financial statement analysis of Planet Fitness. Check Planet Fitness' Beneish M Score to see the likelihood of Planet Fitness' management manipulating its earnings.

Planet Fitness Stock Summary

Planet Fitness competes with Life Time, Bowlero Corp, JAKKS Pacific, Six Flags, and Johnson Outdoors. Planet Fitness, Inc., together with its subsidiaries, franchises and operates fitness centers under the Planet Fitness brand. Planet Fitness, Inc. was founded in 1992 and is headquartered in Hampton, New Hampshire. Planet Fitness operates under Leisure classification in the United States and is traded on New York Stock Exchange. It employs 1770 people.
Specialization
Consumer Discretionary, Consumer Services
InstrumentUSA Stock View All
ExchangeNew York Stock Exchange
ISINUS72703H1014
CUSIP72703H101
LocationNew Hampshire; U.S.A
Business Address4 Liberty Lane
SectorHotels, Restaurants & Leisure
IndustryConsumer Discretionary
BenchmarkDow Jones Industrial
Websitewww.planetfitness.com
Phone603 750 0001
CurrencyUSD - US Dollar

Planet Fitness Key Financial Ratios

Planet Fitness Key Balance Sheet Accounts

201920202021202220232024 (projected)
Total Assets1.7B1.8B2.0B2.9B3.0B1.7B
Other Current Liab79.1M(439.9M)82.6M117.5M38.0M39.9M
Other Liab438.7M524.2M544.3M501.3M576.5M382.9M
Net Debt1.4B1.5B1.4B1.9B2.1B1.1B
Accounts Payable21.3M19.4M27.9M20.6M23.8M20.1M
Cash436.3M439.5M545.9M409.8M322.1M270.2M
Other Assets414.2M677.3M541.3M458.4M527.2M382.9M
Long Term Debt1.7B1.8B1.7B2.0B2.0B1.3B
Net Receivables52.4M38.7M44.4M66.7M56.3M47.9M
Inventory877K473K1.2M5.3M4.7M3.2M
Other Current Assets50.6M88.2M70.9M73.7M60.1M40.1M
Total Liab2.4B2.6B2.7B3.1B3.1B1.9B
Total Current Assets540.1M566.8M662.4M555.5M471.8M365.9M
Intangible Assets233.9M217.1M200.9M417.1M372.5M303.7M
Net Tangible Assets(1.2B)(1.2B)(1.1B)(1.3B)(1.2B)(1.2B)
Retained Earnings(736.6M)(751.6M)(708.8M)(703.7M)(691.5M)(656.9M)

Planet Fitness Key Income Statement Accounts

The reason investors look at the income statement is to determine what Planet Fitness' earnings per share (EPS) will be in order to see if they want to buy more shares or not. For example, if a company earned $20 million in the last quarter and has 100,000 shares outstanding, its EPS is 20 cents. If you find that this number beats analysts' forecasts or is higher than it was from the same period last year, then you might want to buy more of this stock even though its price per share may not have changed.
201920202021202220232024 (projected)
Total Revenue688.8M406.6M587.0M936.8M1.1B554.8M
Gross Profit358.1M186.6M315.9M474.0M408.2M267.8M
Operating Income233.1M59.8M143.4M230.1M272.9M145.8M
Ebit233.1M67.6M160.8M235.1M294.1M179.4M
Ebitda278.6M121.5M223.7M359.1M443.5M238.3M
Cost Of Revenue330.7M220.0M271.2M462.7M663.2M696.3M
Income Before Tax173.2M(14.5M)52.0M161.4M207.5M125.5M
Net Income117.7M(15.2M)42.8M99.4M138.3M145.2M
Income Tax Expense37.8M687K5.7M50.5M58.5M53.7M
Interest Expense60.9M82.1M81.2M88.6M86.6M56.8M
Minority Interest(1.3M)(213K)(3.3M)(11.1M)(9.9M)(10.4M)
Tax Provision37.8M687K5.7M50.5M53.4M51.4M
Interest Income7.1M2.9M878K5.0M15.1M10.9M
Net Interest Income(53.8M)(79.2M)(80.3M)(83.6M)(71.8M)(75.4M)

Planet Fitness Key Cash Accounts

201920202021202220232024 (projected)
Change To Inventory4.2M404K(681K)(4.1M)599K629.0K
Change In Cash158.7M37.0M88.1M(131.4M)(150.4M)(142.9M)
Free Cash Flow93.5M(21.4M)133.3M140.2M194.3M204.0M
Depreciation44.6M53.9M62.8M124.0M149.4M156.9M
Other Non Cash Items7.2M5.7M22.6M(16.0M)11.4M5.7M
Dividends Paid243K234K1.4M1.9M4.6M4.4M
Capital Expenditures110.8M52.6M56.0M100.1M136.0M142.8M
Net Income135.4M(15.2M)46.1M110.5M138.3M70.6M
End Period Cash Flow478.8M515.8M603.9M472.5M322.1M275.3M
Net Borrowings527.3M57.5M(17.7M)249.9M287.4M220.3M
Change To Netincome26.4M11.3M41.6M51.7M59.4M43.1M
Change Receivables1.7M(1.4M)23.6M(10.8M)(12.4M)(11.8M)
Investments(110.7M)(52.3M)(35M)(506.6M)(285.3M)(271.0M)

Planet Financial Ratios Relationships

Comparative valuation techniques use various fundamental indicators to help in determining Planet Fitness's current stock value. Our valuation model uses many indicators to compare Planet Fitness value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Planet Fitness competition to find correlations between indicators driving Planet Fitness's intrinsic value. More Info.
Planet Fitness is rated below average in return on asset category among its peers. It is considered to be number one stock in profit margin category among its peers fabricating about  2.33  of Profit Margin per Return On Asset. At this time, Planet Fitness' Net Profit Margin is comparatively stable compared to the past year. Comparative valuation analysis is a catch-all technique that is used if you cannot value Planet Fitness by discounting back its dividends or cash flows. It compares the stock's price multiples to nearest competition to determine if the stock is relatively undervalued or overvalued.

Planet Fitness Systematic Risk

Planet Fitness' systematic risk plays a vital role in portfolio allocation when considering its stock to be added to a well-diversified portfolio. Planet Fitness volatility which cannot be eliminated through diversification, requires returns over the risk-free rate. Over the long run, a well-diversified portfolio provides returns that match its exposure to systematic risk. In this case, investors face a trade-off between expected returns and systematic risk and, therefore, can only reduce a portfolio's exposure to systematic risk by sacrificing expected returns on the portfolio.
The output start index for this execution was twenty-four with a total number of output elements of thirty-seven. The Beta measures systematic risk based on how returns on Planet Fitness correlated with the market. If Beta is less than 0 Planet Fitness generally moves in the opposite direction as compared to the market. If Planet Fitness Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one Planet Fitness is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of Planet Fitness is generally in the same direction as the market. If Beta > 1 Planet Fitness moves generally in the same direction as, but more than the movement of the benchmark.

Planet Fitness Thematic Clasifications

Planet Fitness is part of several thematic ideas from Recreation to Entertainment. If you are a theme-oriented, socially responsible, and at the same time, a result-driven investor, you can align your investing habits with your values without jeopardizing your expectations about returns. You can easily create an optimal portfolio of stocks, ETFs, funds, or cryptocurrencies based on a specific theme of your liking. Get More Thematic Ideas
Today, most investors in Planet Fitness Stock are looking for potential investment opportunities by analyzing not only static indicators but also various Planet Fitness' growth ratios. Consistent increases or decreases in fundamental ratios usually indicate a possible pattern that can be successfully translated into profits. However, when comparing two companies, knowing each company's growth growth rates may not be enough to decide which company is a better investment. That's why investors frequently use static breakdown of Planet Fitness growth as a starting point in their analysis.

Price Earnings To Growth Ratio

1.23

At this time, Planet Fitness' Price Earnings To Growth Ratio is comparatively stable compared to the past year.

Planet Fitness November 21, 2024 Opportunity Range

Along with financial statement analysis, the daily predictive indicators of Planet Fitness help investors to analyze its daily demand and supply, volume, patterns, and price swings to determine the real value of Planet Fitness. We use our internally-developed statistical techniques to arrive at the intrinsic value of Planet Fitness based on widely used predictive technical indicators. In general, we focus on analyzing Planet Stock price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build Planet Fitness's daily price indicators and compare them against related drivers.

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.