Planet Fitness, Inc.PLNT
Market cap
$9.2B
P/E ratio
| Dec 31, 2015 | Dec 31, 2016 | Dec 31, 2017 | Dec 31, 2018 | Dec 31, 2019 | Dec 31, 2020 | Dec 31, 2021 | Dec 31, 2022 | Dec 31, 2023 | Dec 31, 2024 | |
| Franchise | - | - | - | 181 | 223 | 162 | 238 | 272 | 318 | 344 |
| Advertising | - | - | - | 42 | 50 | 43 | 52 | 58 | 70 | 79 |
| Corporate-owned clubs | - | - | - | - | - | - | - | - | - | 502 |
| Equipment | - | - | - | 210 | 252 | - | - | - | 234 | 256 |
| Total revenue | - | - | - | 573 | 689 | 407 | 587 | 937 | 1,071 | 1,182 |
| Cost of revenue | 113 | 122 | 129 | 163 | 194 | 71 | 101 | 177 | 190 | 197 |
| Club operations | - | - | - | - | - | - | - | - | - | 291 |
| Selling, general and administrative | 56 | 50 | 60 | 72 | 79 | 69 | 95 | 115 | 125 | 129 |
| Advertising Fund Expense | - | - | - | 43 | 50 | 61 | 59 | 66 | 70 | 79 |
| Depreciation and amortization | 32 | 32 | 32 | 35 | 44 | 54 | 63 | 124 | 149 | 160 |
| Other losses, net | 0 | 1 | -0 | -1 | -2 | -4 | -15 | -5 | -10 | -1 |
| Total operating costs and expenses | 258 | 263 | 282 | 389 | 456 | 347 | 444 | 707 | 798 | 857 |
| Income from operations | 72 | 116 | 148 | 184 | 233 | 60 | 143 | 230 | 273 | 324 |
| Interest income | - | - | - | 5 | 7 | 3 | 1 | 5 | 18 | 23 |
| Interest expense | - | - | - | - | - | - | - | - | - | 100 |
| Other (expense) income, net | - | 1 | 317 | -6 | -6 | 5 | -11 | 15 | 4 | -1 |
| Total other expense, net | -25 | -26 | 282 | -52 | -60 | -74 | -91 | -69 | -65 | -77 |
| Income before income taxes | - | - | - | - | - | - | 52 | 161 | 208 | 247 |
| Provision for income taxes | 9 | 19 | 374 | 29 | 38 | 1 | 6 | 51 | 59 | 68 |
| Income (Loss) from Equity Method Investments | - | - | - | - | - | - | -0 | -0 | -2 | -4 |
| Net income | 38 | 71 | 56 | 103 | 135 | -15 | 46 | 110 | 147 | 174 |
| Less net income attributable to non-controlling interests | 20 | 50 | 22 | 15 | 18 | -0 | 3 | 11 | 9 | 2 |
| Net income attributable to Planet Fitness, Inc. | 38 | 71 | 56 | 103 | 135 | -15 | 46 | 110 | 147 | 174 |