Planet Fitness, Inc., encompassing its various holdings, develops and oversees fitness facilities operating under the Planet Fitness brand. The company's business model ...
Planet Fitness, Inc. (NYSE: PLNT) is a prominent player in the fitness industry, operating a unique business model that combines franchising, corporate-owned locations, and equipment sales. Founded in 1992 in Dover, New Hampshire, the company has grown to become one of the largest and fastest-growing fitness center franchisors in the ...Planet Fitness, Inc. (NYSE: PLNT) is a prominent player in the fitness industry, operating a unique business model that combines franchising, corporate-owned locations, and equipment sales. Founded in 1992 in Dover, New Hampshire, the company has grown to become one of the largest and fastest-growing fitness center franchisors in the world, with a significant presence in the United States, Canada, Puerto Rico, Panama, Mexico, and Australia. As of the latest data, Planet Fitness operates over 2,900 clubs and serves approximately 21.5 million members, positioning itself as a key competitor in the value-based fitness segment.
The company's core strategy revolves around creating a non-intimidating, welcoming atmosphere, often referred to as the 'Judgement Free Zone®.' This approach appeals to a broad demographic, including first-time gym users and those seeking a low-cost fitness solution. Memberships start at an affordable $15 per month for the basic package, making fitness accessible to a wide audience. This pricing strategy, combined with a focus on cleanliness, friendly staff, and brand-name equipment, drives high member retention and consistent growth.
From a financial perspective, Planet Fitness generates revenue through three primary streams: franchise royalties and fees, income from corporate-owned clubs, and equipment sales to franchisees. The franchise model provides a steady, recurring revenue base with lower capital intensity compared to wholly-owned chains. As of the most recent fiscal year, the company reported total revenue of approximately $1.4 billion, with a net income margin of around 17%. The enterprise value stands at about $4.1 billion, with a price-to-earnings ratio of 16.95, reflecting moderate valuation relative to earnings. The company maintains a healthy current ratio of 1.58 and a modest debt-to-EBITDA ratio of 0.233, indicating sound financial health and capacity for growth initiatives.
Key leadership includes CEO Colleen Keating, who joined in 2024 with over 30 years of experience, bringing strategic vision to the company. The company's board includes industry veterans like Stephen Spinelli, Jr., Ph.D., president of Babson College. Planet Fitness continues to expand through new store openings, technology enhancements, and strategic partnerships, aiming to strengthen its market leadership and drive long-term shareholder value.
Plutux no es un asesor de inversiones. Los datos de mercado y el análisis generado por IA son solo informativos y educativos, no asesoramiento de inversión. Aviso legal
InteranualYoY significa Year-over-Year (interanual). Compara el último valor anual con el valor anual anterior para mostrar la fortaleza de la tendencia a largo plazo.
TrimestralQoQ significa Quarter-over-Quarter (intertrimestral). Compara el último trimestre con el trimestre inmediatamente anterior para mostrar cambios de impulso a corto plazo.
IngresosEl dinero total que entró por la puerta principal al vender cosas, antes de pagar una sola factura. Piensa en esto como el gran total de cada compra con tarjeta de los clientes. (YoY compara el rendimiento de este año con el del año pasado, mientras que QoQ compara los tres meses actuales con los tres anteriores).
$1.3B
+12.1%
+8.3%
Beneficio netoEl resultado final absoluto. Si la empresa pagara a cada proveedor, empleado, banquero y recaudador de impuestos, este es el dinero real que queda en su bolsillo al final del día.
$219.1M
+27.4%
+30.1%
Margen brutoEl margen básico. Si venden unas zapatillas de 100 dólares, este porcentaje indica cuánto de ese precio es ganancia justo después de pagar el caucho y los cordones, pero antes de pagar el alquiler de la tienda o los anuncios de televisión.
+82.6%
+58.7%
+111.6%
Margen operativoLa puntuación de eficiencia del 'trabajo diario'. De cada dólar que gasta un cliente, esto muestra cuántos centavos mantiene la empresa después de fabricar el producto Y pagar todos los gastos generales corporativos (como salarios, marketing y mantener las luces encendidas).
+29.8%
+8.6%
+15.3%
Margen netoEl porcentaje final que se lleva a casa. Cuando se eliminan todos los costos concebibles, impuestos y pagos de intereses, este es el número exacto de centavos que la empresa realmente se queda de cada dólar en ventas.
+16.5%
+13.7%
+20.1%
Flujo de caja libreEl santo grial del efectivo corporativo. Es el dinero físico gastable que queda después de que el negocio paga sus operaciones diarias Y compra las actualizaciones grandes y costosas (como nuevas fábricas o servidores) que necesita para sobrevivir. Este es el dinero 'libre' que pueden usar para pagar dividendos o recomprar acciones.
$254.8M
+34.9%
-96.7%
Margen FCFLa tasa definitiva de conversión de efectivo. Muestra qué tan buena es la empresa para convertir ventas regulares directamente en efectivo frío, duro y gastable. Un porcentaje alto significa que el negocio es una auténtica máquina de imprimir dinero.
+19.2%
+20.4%
-97.0%
Deuda/PatrimonioEl indicador de riesgo financiero. Compara cuánto del imperio de la empresa se construyó con dinero prestado (préstamos) frente al dinero propio de los propietarios (accionistas). Un número alto significa que están muy apalancados y juegan un juego más arriesgado; un número bajo significa que juegan a lo seguro.
-600.2%
+49.8%
+19.3%
Ratio corrienteLa verificación de supervivencia de 12 meses. Simplemente compara el efectivo que tienen ahora mismo (más cosas que pueden convertirse rápidamente en efectivo) con las facturas inmediatas que absolutamente deben pagar este año. Una puntuación superior a 1 significa que tienen suficiente en la billetera para cubrir las próximas facturas sin entrar en pánico.
2.11x
+1.2%
-23.5%
Activos totalesEl tamaño absoluto del imperio de la empresa. Agrupa absolutamente todo lo valioso que poseen, desde el efectivo en la caja registradora y el inventario en el almacén, hasta las patentes de software en la bóveda y las fábricas en el suelo.
Operator: Good morning, and thank you for joining today's Planet Fitness Second Quarter Earnings Conference Call. [Operator Instructions]. I would now like to hand the call over to Brendon Frey for opening remarks. Please go ahead.
Brendon Frey: Thank you, operator, and good morning, everyone. Speaking on today's call will be Planet Fitness Chief Executive Officer, Colleen Keating; and Chief Financial Officer and President, International, Sudhanshu Priyadarshi. Colleen and Sudhanshu will be available for questions during the Q&A session following the prepared remarks. Today's call is being webcast live and recorded for replay. Before I turn the call over to Colleen, I'd like to remind everyone that the language on forward-looking statements included in our earnings release also applies to our comments made during the call. Our release can be found on our investor website along with any reconciliation of non-GAAP financial measures mentioned on the call with their corresponding GAAP measures. With that, I'll now turn it over to Colleen.
Colleen Keating: Thank you, Brendon, and thank you, everyone, for joining us for the Planet Fitness Second Quarter Earnings Call. We are pleased to welcome Sudhanshu Priyadarshi to Planet Fitness, a proven global leader with more than 25 years of experience driving enterprise value creation across consumer-facing businesses. His deep CFO expertise, vast international operating experience and disciplined approach to strategy, execution, margin expansion and capital allocation aligned closely with our strategic growth priorities. I look forward to partnering with him to deliver meaningful value for our members, franchisees, and shareholders. I also want to thank and recognize Tom Fitzgerald for pausing his retirement to shepherd our finance organization through our period of leadership transition. Tom provided a knowledgeable and steady hand as interim CFO, enabling us to complete a thorough search, and he will remain with us in an advisory capacity through early September. Given this, Tom is joining us on today's call and will be available to provide additional perspective during the Q&A. Now let me turn to our second quarter performance. During the quarter, we furthered the important work to reignite sustainable member growth, and we are confident that the actions we outlined on our first quarter call are the right ones to achieve this overarching goal. While we are encouraged by our initial progress, several of our key initiatives, particularly with marketing, will take time to fully implement and gain traction. We finished the quarter with 21.5 million members, up 3.6% to last year. System-wide same club sales increased by 1.7%, and adjusted EBITDA increased 3.5% over Q2 2025, and we opened 23 new clubs. The fitness industry is supported by strong long-term tailwinds as more people recognize the critical role movement plays in physical and mental well-being, disease prevention and living longer, healthier lives. …
