Planet Historical Income Statement

PLNT Stock  USD 101.53  1.51  1.51%   
Historical analysis of Planet Fitness income statement accounts such as Gross Profit of 267.8 M, Other Operating Expenses of 409.4 M, Operating Income of 145.8 M or Ebit of 179.4 M can show how well Planet Fitness performed in making a profits. Evaluating Planet Fitness income statement over time to spot trends is a great complementary tool to traditional technical analysis and can indicate the direction of Planet Fitness's future profits or losses.
 
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Financial Statement Analysis is much more than just reviewing and examining Planet Fitness latest accounting reports to predict its past. Macroaxis encourages investors to analyze financial statements over time for various trends across multiple indicators and accounts to determine whether Planet Fitness is a good buy for the upcoming year.
  
Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Planet Fitness. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.
For more information on how to buy Planet Stock please use our How to Invest in Planet Fitness guide.

About Planet Income Statement Analysis

Planet Fitness Income Statement consists of revenues and expenses along with the resulting net income or loss. It represents the profit for the accounting period attributable to Planet Fitness shareholders. The income statement also shows Planet investors and management if the firm made money during the period reported. The result of an income statement is the net income that is calculated after subtracting the expenses from revenue. It is essential to investors both as an absolute measure as well as earnings per share (i.e., EPS).

Planet Fitness Income Statement Chart

At this time, Planet Fitness' Depreciation And Amortization is comparatively stable compared to the past year. Selling And Marketing Expenses is likely to gain to about 44.3 M in 2024, whereas Gross Profit is likely to drop slightly above 267.8 M in 2024.

Gross Profit

Gross profit is a required income statement account that reflects total revenue of Planet Fitness minus its cost of goods sold. It is profit before Planet Fitness operating expenses, interest payments and taxes. Gross profit is also known as gross margin. The profit a company makes after deducting the costs associated with making and selling its products, or the costs associated with providing its services.
Most accounts from Planet Fitness' income statement are interrelated and interconnected. However, analyzing income statement accounts one by one will only give a small insight into Planet Fitness current financial condition. On the other hand, looking into the entire matrix of income statement accounts, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Planet Fitness. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.
For more information on how to buy Planet Stock please use our How to Invest in Planet Fitness guide.At this time, Planet Fitness' Depreciation And Amortization is comparatively stable compared to the past year. Selling And Marketing Expenses is likely to gain to about 44.3 M in 2024, whereas Gross Profit is likely to drop slightly above 267.8 M in 2024.
 2021 2022 2023 2024 (projected)
Gross Profit315.9M474.0M408.2M267.8M
Total Revenue587.0M936.8M1.1B554.8M

Planet Fitness income statement Correlations

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0.60.790.760.80.810.760.850.970.640.620.90.340.650.720.64-0.180.650.7-0.180.54-0.520.620.47
0.970.790.950.830.770.830.770.510.640.640.37-0.330.90.110.72-0.070.680.07-0.5-0.15-0.750.830.81
0.690.760.740.830.90.850.740.490.620.640.29-0.320.560.090.9-0.040.460.06-0.73-0.09-0.870.740.2
0.290.490.50.490.530.410.630.970.90.370.290.680.470.910.27-0.220.540.90.180.78-0.140.270.26
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0.80.710.830.810.790.770.850.560.650.90.560.47-0.250.130.58-0.030.870.09-0.45-0.13-0.560.680.66
0.070.230.280.170.230.110.290.840.720.110.090.910.870.130.07-0.150.151.00.360.960.010.020.06
0.730.890.840.870.880.890.760.50.640.720.90.27-0.380.580.07-0.010.440.03-0.8-0.1-0.950.770.41
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0.560.670.60.790.770.730.90.580.650.680.460.54-0.140.870.150.44-0.20.12-0.28-0.09-0.320.60.52
0.030.180.240.130.190.070.260.820.70.070.060.90.890.091.00.03-0.140.120.390.970.04-0.010.03
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-0.180.020.04-0.070.0-0.120.060.690.54-0.15-0.090.780.95-0.130.96-0.1-0.11-0.090.970.480.18-0.21-0.13
-0.79-0.76-0.85-0.76-0.77-0.8-0.62-0.37-0.52-0.75-0.87-0.140.46-0.560.01-0.95-0.08-0.320.040.830.18-0.76-0.42
0.890.750.810.880.780.920.720.420.620.830.740.27-0.390.680.020.770.00.6-0.01-0.47-0.21-0.760.73
0.780.590.690.590.410.610.510.340.470.810.20.26-0.220.660.060.41-0.030.520.03-0.12-0.13-0.420.73
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Planet Fitness Account Relationship Matchups

Planet Fitness income statement Accounts

201920202021202220232024 (projected)
Depreciation And Amortization45.5M53.9M62.9M124.0M149.4M156.9M
Selling General Administrative78.8M68.6M71.7M80.3M117.5M66.1M
Total Revenue688.8M406.6M587.0M936.8M1.1B554.8M
Gross Profit358.1M186.6M315.9M474.0M408.2M267.8M
Other Operating Expenses455.7M346.9M443.6M706.7M798.5M409.4M
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
Total Operating Expenses125.0M126.9M172.5M244.0M135.3M122.4M
Income Before Tax173.2M(14.5M)52.0M161.4M207.5M125.5M
Total Other Income Expense Net(59.9M)(74.3M)(91.4M)(68.6M)(65.3M)(62.1M)
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
Net Income Applicable To Common Shares117.7M(15.0M)42.8M99.4M114.3M120.0M
Minority Interest(1.3M)(213K)(3.3M)(11.1M)(9.9M)(10.4M)
Net Income From Continuing Ops135.4M(15.2M)46.1M110.5M146.6M80.2M
Tax Provision37.8M687K5.7M50.5M53.4M51.4M
Interest Income7.1M2.9M878K5.0M15.1M10.9M
Non Operating Income Net Other(1.5M)946K7.8M(10.4M)(9.4M)(8.9M)
Net Interest Income(53.8M)(79.2M)(80.3M)(83.6M)(71.8M)(75.4M)
Reconciled Depreciation44.6M53.9M62.8M124.0M143.8M78.1M

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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.