PLNT Stock Analysis: Planet Fitness | NYSE
Leisure | NYSE, USA | Market Cap: 3.984m USD | 12M Return: -40.5% | US72703H1014 | Charts, Fundamentals & Technical Analysis
Avg Turnover: 90.0M
EPS Trend: 99.4%
Qual. Beats: 0
Rev. Trend: 99.0%
Qual. Beats: 0
Warnings
Tailwinds
Seasonality 11.1 years of data
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.
Planet Fitness, Inc. (NYSE: PLNT) is a mid-cap U.S. consumer discretionary company that franchises and operates fitness centers worldwide, organized into three segments: Franchise, Corporate-Owned Clubs, and Equipment. The Franchise segment spans the U.S., Puerto Rico, Canada, Panama, Mexico, and Australia, while corporate-owned clubs operate in the U.S., Canada, and Spain. The Equipment segment sells fitness equipment to franchisee-owned clubs in the U.S., Canada, and Mexico. Founded in 1992 and headquartered in Hampton, New Hampshire, Planet Fitness went public in August 2015 and is classified within the leisure facilities sub-industry. Its asset-light, franchise-heavy business model is a hallmark of the budget gym segment, where low monthly membership fees and high-volume, Judgement Free positioning drive scale, while equipment sales to franchisees create a secondary, recurring revenue stream tied to new club openings and refurbishment cycles.
- Franchise segment fee revenue scales with system-wide store openings
- Same-store sales recovery drives corporate-owned club segment margins
- Competition from low-cost gyms pressures membership pricing power
| Net Income: 237.9m TTM > 0 and > 6% of Revenue |
| FCF/TA: 0.09 > 0.02 and ΔFCF/TA 2.16 > 1.0 |
| NWC/Revenue: 16.43% < 20% (prev 26.17%; Δ -9.74% < -1%) |
| CFO/TA 0.14 > 3% & CFO 434.0m > Net Income 237.9m |
| Net Debt (2.98b) to EBITDA (613.3m): 4.86 < 3 |
| Current Ratio: 1.58 > 1.5 & < 3 |
| Outstanding Shares: last quarter (77.1m) vs 12m ago -8.41% < -2% |
| Gross Margin: 50.64% > 18% (prev 52.25%; Δ -1.61% > 0.5%) |
| Asset Turnover: 46.02% > 50% (prev 40.08%; Δ 5.93% > 0%) |
| Interest Coverage Ratio: 3.71 > 6 (EBIT TTM 453.9m / Interest Expense TTM 122.2m) |
| A: 0.08 (Total Current Assets 628.1m - Total Current Liabilities 396.5m) / Total Assets 3.00b |
| B: -0.41 (Retained Earnings -1.24b / Total Assets 3.00b) |
| C: 0.15 (EBIT TTM 453.9m / Avg Total Assets 3.06b) |
| D: -0.17 (Book Value of Equity -614.7m / Total Liabilities 3.62b) |
| Altman-Z'' = -0.02 = B |
| DSRI: 0.93 (Receivables 110.9m/105.6m, Revenue 1.41b/1.25b) |
| GMI: 1.03 (GM 52.25% / 50.64%) |
| AQI: 0.96 (AQ_t 0.50 / AQ_t-1 0.52) |
| SGI: 1.13 (Revenue 1.41b / 1.25b) |
| TATA: -0.07 (NI 237.9m - CFO 434.0m) / TA 3.00b) |
| Beneish M = -2.99 (Cap -4..+1) = A |
As of November 02, 2026, the stock is trading at USD 53.58 with a total of 1,576,481 shares traded. Over the past week, the price has changed by +2.02%, over one month by +31.52%, over three months by -4.29% and over the past year by -40.45%.
Current recommended Stop Loss: 51.30 (which is 4.3% or 1.2 ATR below the current price).
Planet Fitness has received a consensus analysts rating of 4.12. Therefore, it is recommended to buy PLNT.
- StrongBuy: 8
- Buy: 3
- Hold: 6
- Sell: 0
- StrongSell: 0
| Analysts Target Price | 65.3 | 21.9% |
P/E Trailing = 17.8639
P/E Forward = 30.7692
P/S = 3.0604
P/B = 139.3559
P/EG = 0.9169
Revenue TTM = 1.41b USD
EBIT TTM = 453.9m USD
EBITDA TTM = 613.3m USD
Long Term Debt = 2.45b USD (from longTermDebt, last quarter)
Short Term Debt = 100.8m USD (from shortTermDebt, last quarter)
Debt = 3.38b USD (from shortLongTermDebtTotal, last quarter) + Leases 415.6m
Net Debt = 2.98b USD (calculated: Debt 3.38b - CCE 400.8m)
Enterprise Value = 6.96b USD (3.98b + Debt 3.38b - CCE 400.8m)
Interest Coverage Ratio = 3.71 (Ebit TTM 453.9m / Interest Expense TTM 122.2m)
EV/FCF = 26.61x (Enterprise Value 6.96b / FCF TTM 261.7m)
FCF Yield = 3.76% (FCF TTM 261.7m / Enterprise Value 6.96b)
FCF Margin = 18.57% (FCF TTM 261.7m / Revenue TTM 1.41b)
Net Margin = 16.88% (Net Income TTM 237.9m / Revenue TTM 1.41b)
Gross Margin = 50.64% ((Revenue TTM 1.41b - Cost of Revenue TTM 695.6m) / Revenue TTM)
Gross Margin QoQ = 50.96% (prev 50.85%)
Tobins Q-Ratio = 2.32 (Enterprise Value 6.96b / Total Assets 3.00b)
Interest Expense / Debt = 3.62% (Interest Expense 122.2m / Debt 3.38b)
Taxrate = 27.91% (92.5m / 331.6m)
NOPAT = 327.2m (EBIT 453.9m * (1 - 27.91%))
Current Ratio = 1.58 (Total Current Assets 628.1m / Total Current Liabilities 396.5m)
Debt / Equity = -5.50 (negative equity) (Debt 3.38b / totalStockholderEquity, last quarter -614.7m)
Debt / EBITDA = 4.86 (Net Debt 2.98b / EBITDA 613.3m)
Debt / FCF = 11.39 (Net Debt 2.98b / FCF TTM 261.7m)
Total Stockholder Equity = -443.9m (last 4 quarters mean from totalStockholderEquity)
RoA = 7.77% (Net Income 237.9m / Total Assets 3.00b)
RoE = -53.58% (negative equity) (Net Income TTM 237.9m / Total Stockholder Equity -443.9m)
RoCE = 22.64% (EBIT 453.9m / Capital Employed (Equity -443.9m + L.T.Debt 2.45b))
RoIC = 12.40% (NOPAT 327.2m / Invested Capital 2.64b)
WACC = 4.23% (E(3.98b)/V(7.36b) * Re(5.60%) + D(3.38b)/V(7.36b) * Rd(3.62%) * (1-Tc(0.28)))
Discount Rate = 5.60% (= CAPM, Blume Beta Adj.)
Shares (quarterly) Correlation: -91.57 | Cagr: -5.31%
[DCF] Terminal Value 77.97% ; FCFF base≈238.7m ; Y1≈273.7m ; Y5≈402.8m
[DCF] Fair Price = 40.97 (EV 6.06b - Net Debt 2.98b = Equity 3.08b / Shares 75.2m; r=8.35% [WACC [floored]]; 5y FCF grow 15.0% → 2.50% )
EPS Correlation: 99.42 | EPS CAGR: 16.35% | SUE: 0.75 | # QB: 0
Revenue Correlation: 98.98 | Revenue CAGR: 11.46% | SUE: 0.69 | # QB: 0
EPS current Quarter (2026-09-30): EPS=0.81 | Chg30d=+0.17% | Revisions=+0% | Analysts=15
EPS current Year (2026-12-31): EPS=3.26 | Chg30d=-0.15% | Revisions=-40% | GrowthEPS=+6.1% | GrowthRev=+7.5%
EPS next Year (2027-12-31): EPS=3.65 | Chg30d=-0.25% | Revisions=+40% | GrowthEPS=+12.2% | GrowthRev=+7.1%
[Analyst] Revisions Ratio: +0% (up=3, down=3)