Planet Fitness

Planet Fitness isn’t your typical gym. Sure, we have tons of the latest cardio and strength equipment, free weights, super clean locker rooms and unlimited fitness training in a Judgement Free Zone®. What’s a Judgement Free Zone®? We do everything possible so that when you step inside any one of our 800 clubs, you feel at home. Because we believe that everyone should have a place to work out where they can relax, go at their own pace and never have to worry about pressure or judgement. Planet Fitness is one of the most successful and fastest growing fitness franchises in the country. And it just so happens the hometown of our corporate headquarters frequently ranks on “Best Places to Live” lists.
Type
Public
HQ
Newington, US
Founded
1992
Size (employees)
963 (est)+3%
Planet Fitness was founded in 1992 and is headquartered in Newington, US

Planet Fitness Office Locations

Planet Fitness has an office in Newington
Newington, US (HQ)
26 Fox Run Rd

Planet Fitness Data and Metrics

Planet Fitness Financial Metrics

Planet Fitness's revenue was reported to be $378.2 m in FY, 2016 which is a 14% increase from the previous period.
USD

Revenue (FY, 2016)

378.2 m

Revenue growth (FY, 2015 - FY, 2016), %

14%

Gross profit (FY, 2016)

255.9 m

Gross profit margin (FY, 2016), %

68%

Net income (FY, 2016)

71.2 m

EBIT (FY, 2016)

115.7 m

Market capitalization (23-Jun-2017)

1.8 b

Closing share price (23-Jun-2017)

24

Cash (31-Dec-2016)

40.4 m
Planet Fitness's current market capitalization is $1.8 b.
USDFY, 2014FY, 2015FY, 2016

Revenue

279.8 m330.5 m378.2 m

Revenue growth, %

18%14%

Cost of goods sold

100.3 m113.5 m122.3 m

Gross profit

179.5 m217 m255.9 m

Gross profit Margin, %

64%66%68%

General and administrative expense

35.1 m55.6 m50 m

Operating expense total

218.2 m258.4 m262.6 m

EBIT

61.5 m72.1 m115.7 m

EBIT margin, %

22%22%31%

Interest expense

21.8 m(24.5 m)(27.1 m)

Pre tax profit

38.5 m47.3 m89.9 m

Income tax expense

1.2 m9.1 m18.7 m

Net Income

37.3 m38.1 m71.2 m
USDY, 2012Y, 2013Y, 2014FY, 2015FY, 2016

Cash

9.5 m31.3 m43.3 m31.4 m40.4 m

Accounts Receivable

7.9 m

Inventories

4.6 m1.8 m

Current Assets

72.9 m91.2 m

PP&E

56.1 m61.2 m

Goodwill

177 m177 m

Total Assets

699.2 m1 b

Accounts Payable

24 m28.5 m

Current Liabilities

66.3 m83.3 m

Non-Current Liabilities

634 m1.1 b

Total Liabilities

700.3 m1.2 b

Additional Paid-in Capital

352 k34.5 m

Retained Earnings

(14 m)(164.1 m)

Total Equity

(214.8 m)

Financial Leverage

-4.7 x
USDFY, 2015FY, 2016

Net Income

38.1 m71.2 m

Depreciation and Amortization

32.2 m31.5 m

Accounts Receivable

(414 k)(7.8 m)

Inventories

(1.5 m)2.8 m

Accounts Payable

263 k7.4 m

Cash From Operating Activities

81.7 m108.8 m

Purchases of PP&E

(19.5 m)(15.4 m)

Cash From Investing Activities

(19.2 m)(14.7 m)

Long-term Borrowings

(14.8 m)(5.6 m)

Cash From Financing Activities

(74.2 m)(85.2 m)

Interest Paid

23.2 m24.3 m

Income Taxes Paid

115 k(6 m)
USDY, 2016

Revenue/Employee

404.1 k

Financial Leverage

-4.7 x

Planet Fitness Operating Metrics

Planet Fitness's Stores was reported to be 1.3 k in FY, 2016, which is a 17% increase from the previous period
FY, 2015FY, 2016

Stores

1.12 k1.31 k

Members

7.3 m8.9 m

Planet Fitness Market Value History

Planet Fitness Revenue Breakdown

Planet Fitness Online and Social Media Presence

Planet Fitness News and Updates

Planet Fitness Company Life and Culture

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