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MARKETS / NYSE / PLNT
NYSE · SERVICES-MEMBERSHIP SPORTS & RECREATION CLUBS · LARGE CAP

Planet Fitness, Inc. PLNT

13 fiscal years on record · USD · FY2025 reported · SEC filings only
$1.3B
▲ 12.1% YoY
$219.1M
▲ 27.4% YoY
$254.8M
▲ 34.9% YoY
In brief

What this company does

The company franchises and operates fitness centers, by number of members and locations, under a national brand. It offers memberships starting at $15 per month to new members for its standard Classic Card membership. In 2025, the company recorded revenues of $1.3 billion and had system-wide sales of $5.3 billion, which it defines as monthly dues and annual fees billed by it and its franchisees. It ended the year with approximately 20.8 million members and 2,896 clubs, 2,604 franchisee-owned and 292 corporate-owned, located in all 50 states, the District of Columbia, Puerto Rico, Canada, Panama, Mexico, Australia and Spain. As of December 31, 2025, the company employed 4,020 employees at its corporate-owned clubs and 373 employees in the aggregate who support corporate and corporate-owned club activities at its Club Support Center and in Canada and Spain. Planet Fitness, Inc. is a Delaware corporation formed on March 16, 2015.

Written from the business description in Planet Fitness, Inc.'s annual report to the U.S. Securities and Exchange Commission, filed 25 February 2026. Every sentence was checked against that document before publication.

Growth
USD 1.3B
Revenue, FY2025 · full 13-year series below
Revenue $B Net income $B
FY2025 · Revenue 1.3 · Net income 0.2
0.5B1.0B2013201520172019202120232025
Compound annual growth
+12.2%
+26.6%
+14.9%
+30.1%
+28.0%
+57.7%
+7.2%
+74.8%
3 yrs
5 yrs
10 yrs
15 yrs

Revenue compounded at +26.6% a year over five years.

Compound annual rates per period — left blank where that exact year isn't on file, the series crosses a loss, or (per-share rows) a split falls inside the window.

Profitability
17 cents
of every revenue dollar became profit
Operating margin Net margin
FY2025 · Operating 29.8% · Net 16.6%
10%20%30%2013201520172019202120232025
ROE

No chart to show — the reason differs by year; see each year in the table below.

Cash & shareholders
USD 498.5M
returned in FY2025 · dividends + net buybacks
Free cash flow $M
FY2025 · FCF 254.8
100M200M2013201520172019202120232025
Net buybacks $M Dividends $M
FY2025 · Dividends — · Net buybacks 498.5
200M400M201620182019202020212022202320242025

USD 498.5M in buybacks — 228% of the year's profit, so the payout drew on cash built up earlier.

Total assetsUSD 3.1B
EquityUSD -482.8M
CashUSD 345.7M
Gross debtUSD 2.5B
Net debtUSD 2.1B
Current ratio2.11×

Equity was negative — liabilities exceeded assets. No ratio is shown.

The 13-year record
13 fiscal years
Every figure from documents filed with the SEC · USD
row low → row highnegative
Metric 2025202420232022202120202019201820172016201520142013
Revenue $B1.31.21.10.90.60.40.70.60.40.40.30.30.2
Operating income $B0.40.30.30.20.10.10.20.20.10.10.10.10.0
EBITDA $B0.50.40.40.30.20.10.30.20.20.10.10.10.0
Income tax $B0.10.10.10.10.00.00.00.00.40.00.00.00.0
Net income $B0.20.20.10.10.0−0.00.10.10.00.00.00.00.0
Free cash flow $B0.30.20.20.10.1−0.00.10.10.10.10.10.10.1
EPS, diluted $·2.001.621.180.51−0.191.411.000.420.500.11··
Dividend / sh $·············
Payout %·········787···
ROE %·············

Slide the table for earlier years · "·" marks a figure not available in our data for that year.

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This company against its peers

Provenance
Company facts, as filed
How we verify · 0 failures in 37 reconciliationsAUDITED

Reconciled in 13 of 19 fiscal years. 45 checks could not be computed.

EPS recomputationBalance-sheet identityGross profitBalance-sheet liquiditymoeda_consistente0 failures
ActivityServices-Membership Sports & Recreation Clubs
Listed onNYSE
Incorporated inDelaware
Fiscal year endsDecember 31
Data on record since2013

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