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 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.

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 (22-May-2017)

$1.5 b

Closing share price (22-May-2017)

$20.7

Cash (31-Dec-2016)

$40.4 m
Planet Fitness's current market capitalization is $1.5 b.
FY, 2014FY, 2015FY, 2016

Revenue

$279.8 m$330.5 m$378.2 m

Revenue growth, %

18%14%

Cost of goods sold

$100.3 m$113.5 m$122.3 m

Gross profit

$179.5 m$217 m$255.9 m

Gross profit Margin, %

64%66%68%

General and administrative expense

$35.1 m$55.6 m$50 m

Operating expense total

$218.2 m$258.4 m$262.6 m

EBIT

$61.5 m$72.1 m$115.7 m

EBIT margin, %

22%22%31%

Interest expense

$21.8 m($24.5 m)($27.1 m)

Pre tax profit

$38.5 m$47.3 m$89.9 m

Income tax expense

$1.2 m$9.1 m$18.7 m

Net Income

$37.3 m$38.1 m$71.2 m
Y, 2012Y, 2013Y, 2014FY, 2015FY, 2016

Cash

$9.5 m$31.3 m$43.3 m$31.4 m$40.4 m

Accounts Receivable

$7.9 m

Inventories

$4.6 m$1.8 m

Current Assets

$72.9 m$91.2 m

PP&E

$56.1 m$61.2 m

Goodwill

$177 m$177 m

Total Assets

$699.2 m$1 b

Accounts Payable

$24 m$28.5 m

Current Liabilities

$66.3 m$83.3 m

Non-Current Liabilities

$634 m$1.1 b

Total Liabilities

$700.3 m$1.2 b

Additional Paid-in Capital

$352 k$34.5 m

Retained Earnings

($14 m)($164.1 m)

Total Equity

($214.8 m)

Financial Leverage

-4.7 x
FY, 2015FY, 2016

Net Income

$38.1 m$71.2 m

Depreciation and Amortization

$32.2 m$31.5 m

Accounts Receivable

($414 k)($7.8 m)

Inventories

($1.5 m)$2.8 m

Accounts Payable

$263 k$7.4 m

Cash From Operating Activities

$81.7 m$108.8 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 m$24.3 m

Income Taxes Paid

$115 k($6 m)
Y, 2016

Revenue/Employee

$404.1 k

Financial Leverage

-4.7 x

Planet Fitness Operating Metrics

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 Presence

Planet Fitness News

Planet Fitness Company Life

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