Planet Fitness, Inc., together with its subsidiaries, franchises and operates fitness centers under the Planet Fitness brand. The company operates through three segments: Franchise, Corporate-Owned Clubs, and Equipment. The company is involved in franchising business in the United States, Puerto Rico, Canada, Panama, Mexico, and Australia. It also engages in the sale of fitness equipment to franchisee-owned clubs in the United States, Canada, and Mexico. In addition, the company operates corporate-owned clubs in the United States, Canada, and Spain. Planet Fitness, Inc. was founded in 1992 and is headquartered in Hampton, New Hampshire.
Fitness Powerhouse | Planet Fitness shows robust financial health with a 59.68% gross profit margin and 10.26% revenue growth, positioning it as a leader in the fitness industry |
Pricing Strategy Pays Off | Explore how Planet Fitness's strategic price increases and Black Card membership growth are driving financial performance and customer loyalty |
Expansion Ambitions | Learn about Planet Fitness's plans to accelerate new store openings to 200 annually and its promising international growth in Spain, Australia, and Mexico |
Market Dynamics | Analyst price targets range from $99 to $150, reflecting optimism amid evolving competition and potential legislative catalysts for membership growth |
Metrics to compare | PLNT | Sector Sector - Average of metrics from a broad group of related Consumer Cyclicals sector companies | Relationship RelationshipPLNTPeersSector | |
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P/E Ratio | 45.6x | 11.4x | 11.2x | |
PEG Ratio | 1.98 | 0.11 | 0.02 | |
Price/Book | −54.6x | 2.1x | 1.4x | |
Price / LTM Sales | 7.4x | 1.7x | 1.0x | |
Upside (Analyst Target) | 17.4% | 44.8% | 19.2% | |
Fair Value Upside | Unlock | −4.1% | 8.0% | Unlock |