Planet Fitness is a provider of fitness training programs and classes. The Company franchises and operates fitness centers. It operates through three segments: Franchise, Corporate-Owned Stores, and Equipment.
Type
Subsidiary
HQ
Newington, US
Founded
1992
Planet Fitness was founded in 1992 and is headquartered in Newington, US
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Planet Fitness Office Locations

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

Summary Metrics

Founding Date

1992

Planet Fitness Financials

Planet Fitness's revenue was reported to be $378.24 m in FY, 2016 which is a 14.4% increase from the previous period.
Annual
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
Quarterly
USDQ2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017Q2, 2017Q1, 2018

Revenue

79 m68.8 m83.3 m91.5 m87 m91.1 m107.3 m121.3 m

Cost of goods sold

25.3 m18.9 m23.6 m27.8 m25.9 m21.1 m31.5 m26.5 m

Gross profit

53.7 m50 m59.7 m63.7 m61.1 m70 m75.9 m94.8 m

Gross profit Margin, %

68%73%72%70%70%77%71%78%
Annual
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
Quarterly
USDQ2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017Q2, 2017Q1, 2018

Cash

28.5 m38.3 m55.7 m66 m60.2 m78.5 m127.1 m

Accounts Receivable

9.7 m10.6 m

Inventories

2.8 m1.5 m893 k759 k1.3 m1.4 m4.1 m

Current Assets

59.8 m68.8 m88.4 m103.1 m99.6 m117.4 m181.5 m
Annual
USDFY, 2015FY, 2016

Net Income

38.1 m71.2 m

Depreciation and Amortization

32.2 m31.5 m

Inventories

(1.5 m)2.8 m

Accounts Payable

263 k7.4 m
Quarterly
USDQ2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017Q2, 2017Q1, 2018

Net Income

11.6 m738 k16.3 m34.4 m49.3 m17.9 m35.9 m23.5 m

Depreciation and Amortization

8 m8 m7.7 m7.7 m7.7 m8 m8.5 m

Inventories

767 k2.8 m1.5 m893 k759 k1.3 m(1.4 m)

Accounts Payable

11.8 m14.7 m10.1 m12 m14.4 m13.3 m(16.8 m)
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Planet Fitness Operating Metrics

FY, 2015FY, 2016

Members

7.30 m8.90 m

Stores

1.12 k1.31 k
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Planet Fitness Revenue Breakdown

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Planet Fitness revenue breakdown by business segment: 30.8% from Franchise, 27.7% from Corporate-owned Stores and 41.5% from Equipment

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Planet Fitness Online and Social Media Presence

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Planet Fitness News and Updates

Altamont buys North Carolina Planet Fitness franchisee

Altamont Capital Partners has acquired PF Eastern NC, a North Carolina-based Planet Fitness franchisee. No financial terms were disclosed. Marks & Klein LLP advised and represented PF Eastern NC while Ropes & Gray LLP and Bass, Berry & Sims PLC advised and represented Altamont.

Exaltare-backed ECP-PF acquires 10 Planet Fitness health clubs

ECP-PF Holdings Group Inc, a portfolio company of Exaltare Capital Partners, has acquired 10 Planet Fitness health clubs in the central New York region. The seller was Robert Morris. No financial terms were disclosed.

TSG buys majority stake in Planet Fitness franchisee Sunshine Fitness

TSG Consumer Partners has acquired a majority stake in Sunshine Fitness, a franchisee of Planet Fitness clubs. No financial terms were disclosed. Piper Jaffray & Co served as financial adviser to TSG on the transaction while Fidus Partners LLC advised Sunshine Fitness. And, Ropes & Gray LLP …

Monogram Capital takes controlling stake in Planet Fitness franchisee

Monogram Capital Partners has acquired a controlling stake in Atlantic Holdings, a Planet Fitness franchisee. No financial terms were disclosed.
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