Planet Fitness

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

Planet Fitness Office Locations

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

Planet Fitness Financials and Metrics

Summary Metrics

Founding Date

1992

Planet Fitness Financials

Planet Fitness's revenue was reported to be $378.2 m in FY, 2016
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
USDQ2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017Q2, 2017

Revenue

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

Cost of goods sold

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

Gross profit

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

Gross profit Margin, %

68%73%72%70%70%77%71%
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
USDQ2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017Q2, 2017

Cash

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

Accounts Receivable

9.7 m10.6 m

Inventories

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

Current Assets

59.8 m68.8 m88.4 m103.1 m99.6 m117.4 m
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
USDQ2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017Q2, 2017

Net Income

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

Depreciation and Amortization

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

Accounts Receivable

9.7 m

Inventories

767 k2.8 m1.5 m893 k759 k1.3 m
Show all financial metrics

Planet Fitness Operating Metrics

FY, 2015FY, 2016

Stores

1.12 k1.31 k

Members

7.3 m8.9 m
Show all operating metrics

Planet Fitness Revenue Breakdown

Planet Fitness's Web-traffic and Trends

Planet Fitness Online and Social Media Presence

Planet Fitness News and Updates

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.

PE-backed United PF buys two Planet Fitness franchisees

United PF Partners, the largest Planet Fitness franchisee, has acquired two Planet Fitness franchisees in the Phoenix and New Orleans markets. No financial terms were disclosed. In November 2016, United PF was formed by JLM Financial Partners and Eagle Merchant Partners with 59 operating clubs.

PE-backed NFP acquires 12 Planet Fitness clubs

National Fitness Partners, which is backed by Argonne Capital Group, has acquired 12 Charlotte, North Carolina metro area-based Planet Fitness clubs. The seller was GNT Holdings LLC. No financial terms were disclosed. King & Spalding, McGuireWoods LLP, Gray Plant Mooty and Asenti Diligence Partn…

Planet Fitness Company Life and Culture

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