PLNT Stock Analysis: Planet Fitness | NYSE

Leisure | NYSE, USA | Market Cap: 4.078m USD | 12M Return: -52.4% | Charts, Fundamentals & Technical Analysis

Fitness Centers, Franchise Operations, Fitness Equipment
Total Rating 44
Safety 54
Buy Signal -1.06
Leisure
Industry Rotation: -0.2
Market Cap: 4.08B
Avg Turnover: 85.1M
Risk 3d forecast
Volatility32.5%
VaR 5th Pctl5.27%
VaR vs Median-1.61%
Reward TTM
Sharpe Ratio-1.47
Rel. Str. IBD1.9
Rel. Str. Peer Group4.8
Character TTM
Beta0.222
Beta Downside0.337
Hurst Exponent0.394
Drawdowns 3y
Max DD61.24%
CAGR/Max DD-0.13
CAGR/Mean DD-0.61
EPS (Earnings per Share) EPS (Earnings per Share) of PLNT over the last years for every Quarter: "2021-06": 0.21, "2021-09": 0.25, "2021-12": 0.26, "2022-03": 0.32, "2022-06": 0.38, "2022-09": 0.42, "2022-12": 0.53, "2023-03": 0.41, "2023-06": 0.65, "2023-09": 0.59, "2023-12": 0.6, "2024-03": 0.53, "2024-06": 0.71, "2024-09": 0.64, "2024-12": 0.7, "2025-03": 0.59, "2025-06": 0.86, "2025-09": 0.8, "2025-12": 0.83, "2026-03": 0.65,
EPS CAGR: 16.66%
EPS Trend: 99.4%
Last SUE: 3.47
Qual. Beats: 4
Revenue Revenue of PLNT over the last years for every Quarter: 2021-06: 137.251, 2021-09: 154.255, 2021-12: 183.64, 2022-03: 186.676, 2022-06: 224.442, 2022-09: 244.386, 2022-12: 281.268, 2023-03: 222.225, 2023-06: 286.463, 2023-09: 277.551, 2023-12: 285.086, 2024-03: 248.017, 2024-06: 300.941, 2024-09: 292.246, 2024-12: 340.45, 2025-03: 276.662, 2025-06: 340.879, 2025-09: 330.345, 2025-12: 376.258, 2026-03: 337.236,
Rev. CAGR: 10.90%
Rev. Trend: 98.8%
Last SUE: 4.00
Qual. Beats: 4

Warnings

Altman Z'' In Financial Distress Zone
Below Sma 200d

Tailwinds

No distinct edge detected

Seasonality 10.5 years of data

Jan -1.8% 14
Feb -3.8% 44
Mar -2.3% 25
Apr +1.0% 8
May -5.8% 27
Jun +1.9% 18
Jul -0.4% 21
Aug +1.2% 6
Sep -2.7% 54
Oct -3.8% 6
Nov +21.6% 87
Dec +1.2% 9

How good or bad each month usually is (without trend). The score below shows how much you can trust it: 0 = pure chance, >40 gets interesting and >55 is strong.

Description: PLNT Planet Fitness

Planet Fitness, Inc. franchises and operates fitness centers under the Planet Fitness brand, organizing its operations into three segments: Franchise, Corporate-Owned Clubs, and Equipment. The franchise segment operates in the United States, Puerto Rico, Canada, Panama, Mexico, and Australia. Corporate-owned clubs are located in the United States, Canada, and Spain, while the equipment segment supplies fitness machines to franchisee-owned locations. Founded in 1992 and headquartered in Hampton, New Hampshire, the company is classified within the Leisure Facilities sub-industry.

Headlines to Watch Out For
  • Same-store sales growth drives franchise royalty revenue
  • New store openings accelerate US and international expansion
  • Value gym competition pressures low-price membership growth
Piotroski VR-10 (Strict) 6.0
Net Income: 228.8m TTM > 0 and > 6% of Revenue
FCF/TA: 0.09 > 0.02 and ΔFCF/TA 1.02 > 1.0
NWC/Revenue: 25.66% < 20% (prev 26.12%; Δ -0.46% < -1%)
CFO/TA 0.14 > 3% & CFO 432.0m > Net Income 228.8m
Net Debt (2.82b) to EBITDA (592.3m): 4.76 < 3
Current Ratio: 2.07 > 1.5 & < 3
Outstanding Shares: last quarter (79.8m) vs 12m ago -5.47% < -2%
Gross Margin: 42.56% > 18% (prev 52.11%; Δ -9.55% > 0.5%)
Asset Turnover: 44.69% > 50% (prev 39.14%; Δ 5.55% > 0%)
Interest Coverage Ratio: 3.78 > 6 (EBIT TTM 434.6m / Interest Expense TTM 115.0m)
Altman Z'' 0.39
A: 0.11 (Total Current Assets 687.1m - Total Current Liabilities 331.7m) / Total Assets 3.10b
B: -0.36 (Retained Earnings -1.11b / Total Assets 3.10b)
C: 0.14 (EBIT TTM 434.6m / Avg Total Assets 3.10b)
D: -0.13 (Book Value of Equity -482.8m / Total Liabilities 3.59b)
Altman-Z'' = 0.39 = B
Beneish M -2.52
DSRI: 1.29 (Receivables 85.6m/58.2m, Revenue 1.38b/1.21b)
GMI: 1.22 (GM 52.11% / 42.56%)
AQI: 0.94 (AQ_t 0.50 / AQ_t-1 0.53)
SGI: 1.14 (Revenue 1.38b / 1.21b)
TATA: -0.07 (NI 228.8m - CFO 432.0m) / TA 3.10b)
Beneish M = -2.52 (Cap -4..+1) = A
What is the price of PLNT shares?

As of July 20, 2026, the stock is trading at USD 52.36 with a total of 1,322,514 shares traded. Over the past week, the price has changed by +2.01%, over one month by +2.55%, over three months by -28.96% and over the past year by -52.41%.

Current recommended Stop Loss: 48.40 (which is 7.6% or 2.2 ATR below the current price).

Is PLNT a buy, sell or hold?

Planet Fitness has received a consensus analysts rating of 4.30. Therefore, it is recommended to buy PLNT.

  • StrongBuy: 9
  • Buy: 8
  • Hold: 3
  • Sell: 0
  • StrongSell: 0

What are the forecasts/targets for the PLNT price?
Analysts Target Price 66.8 27.5%
Planet Fitness (PLNT) - Fundamental Data Overview as of 14 July 2026
Market Cap USD = 4.08b (4.08b USD * 1.0 USD.USD)
P/E Trailing = 18.5307
P/E Forward = 16.0
P/S = 3.1673
P/B = 139.3559
P/EG = 0.9169
Revenue TTM = 1.38b USD
EBIT TTM = 434.6m USD
EBITDA TTM = 592.3m USD
Long Term Debt = 2.45b USD (from longTermDebt, last quarter)
Short Term Debt = 25.8m USD (from shortTermDebt, last quarter)
Debt = 3.29b USD (from shortLongTermDebtTotal, last quarter) + Leases 407.0m
Net Debt = 2.82b USD (calculated: Debt 3.29b - CCE 473.8m)
Enterprise Value = 6.90b USD (4.08b + Debt 3.29b - CCE 473.8m)
Interest Coverage Ratio = 3.78 (Ebit TTM 434.6m / Interest Expense TTM 115.0m)
EV/FCF = 25.80x (Enterprise Value 6.90b / FCF TTM 267.4m)
FCF Yield = 3.88% (FCF TTM 267.4m / Enterprise Value 6.90b)
FCF Margin = 19.31% (FCF TTM 267.4m / Revenue TTM 1.38b)
Net Margin = 16.52% (Net Income TTM 228.8m / Revenue TTM 1.38b)
Gross Margin = 42.56% ((Revenue TTM 1.38b - Cost of Revenue TTM 795.4m) / Revenue TTM)
Gross Margin QoQ = 38.91% (prev 38.53%)
Tobins Q-Ratio = 2.22 (Enterprise Value 6.90b / Total Assets 3.10b)
Interest Expense / Debt = 3.49% (Interest Expense 115.0m / Debt 3.29b)
Taxrate = 27.89% (89.0m / 318.9m)
NOPAT = 313.4m (EBIT 434.6m * (1 - 27.89%))
Current Ratio = 2.07 (Total Current Assets 687.1m / Total Current Liabilities 331.7m)
 Debt / Equity = -6.82 (negative equity) (Debt 3.29b / totalStockholderEquity, last quarter -482.8m)
 Debt / EBITDA = 4.76 (Net Debt 2.82b / EBITDA 592.3m)
Debt / FCF = 10.54 (Net Debt 2.82b / FCF TTM 267.4m)
Total Stockholder Equity = -329.9m (last 4 quarters mean from totalStockholderEquity)
RoA = 7.38% (Net Income 228.8m / Total Assets 3.10b)
 RoE = -69.35% (negative equity) (Net Income TTM 228.8m / Total Stockholder Equity -329.9m)
 RoCE = 20.47% (EBIT 434.6m / Capital Employed (Equity -329.9m + L.T.Debt 2.45b))
RoIC = 11.48% (NOPAT 313.4m / Invested Capital 2.73b)
WACC = 4.86% (E(4.08b)/V(7.37b) * Re(6.76%) + D(3.29b)/V(7.37b) * Rd(3.49%) * (1-Tc(0.28)))
Discount Rate = 6.76% (= CAPM, Blume Beta Adj.)
Shares (quarterly) Correlation: -87.06 | Cagr: -3.37%
[DCF] Terminal Value 77.80% ; FCFF base≈254.3m ; Y1≈288.8m ; Y5≈414.8m
[DCF] Fair Price = 43.43 (EV 6.26b - Net Debt 2.82b = Equity 3.44b / Shares 79.1m; r=8.35% [WACC [floored]]; 5y FCF grow 13.88% → 2.50% )
EPS Correlation: 99.36 | EPS CAGR: 16.66% | SUE: 3.47 | # QB: 4
Revenue Correlation: 98.75 | Revenue CAGR: 10.90% | SUE: 4.0 | # QB: 4
EPS current Quarter (2026-06-30): EPS=0.84 | Chg30d=+0.04% | Revisions=-84% | Analysts=15
EPS next Quarter (2026-09-30): EPS=0.79 | Chg30d=-0.14% | Revisions=-84% | Analysts=15
EPS current Year (2026-12-31): EPS=3.20 | Chg30d=+0.01% | Revisions=-86% | GrowthEPS=+4.2% | GrowthRev=+7.1%
EPS next Year (2027-12-31): EPS=3.60 | Chg30d=-0.27% | Revisions=-86% | GrowthEPS=+12.4% | GrowthRev=+7.8%
[Analyst] Revisions Ratio: -96% (up=0, down=68)