Planet Fitness, Inc. (PLNT) is a publicly traded company in the Consumer Cyclical — Leisure industry listed on NYSE. This overview shows the latest price, key valuation ratios, profitability metrics and financial-health indicators used by fundamental investors.
Planet Fitness, Inc., encompassing its various holdings, develops and oversees fitness facilities operating under the Planet Fitness brand. The company's business model is organized into three distinct divisions: Franchising, Corporate-Owned Locations, and Equipment Sales. Its Franchising division manages the licensing of Planet Fitness centers throughout the United States, Puerto Rico, Canada, Panama, Mexico, and Australia.
Is Planet Fitness, Inc. stock overvalued or undervalued in 2026?
Planet Fitness, Inc. (PLNT) trades at 17.8× earnings (P/E), in line with the median of the 209 consumer cyclicals companies over $2bn in Kaplio's universe. At the decade median (52.2×) $154 (+192 %); at its sector median (17.9×) $53 (0 %).
Kaplio overview: Planet Fitness, Inc.
Market cap $4B · 52 weeks $40 – $112 (53 % below the high) · P/E 17.8× · 2027 expected P/E 14.4× · Dividend none · Next earnings November 5, 2026 · expected EPS $0.80 · Closing price, Oct 28 · accounts published Aug 6.
- Valuation: P/E 17.8× (cheap).
- Business: 5-year ROIC 7.7 % (weak).
- Balance sheet: Net debt/EBITDA 4.5× (fragile).
- Earnings: 7 of 8 (on track).
What would it be worth at its usual multiples?
At the decade median (52.2×) $154 (+192 %); at its sector median (17.9×) $53 (0 %). Implied price from applying the reference multiples to today's earnings (or book value, or FFO) per share. Not a fair value: it is where the stock would trade at its usual multiples.
What matters in consumer cyclicals: 5 of 8 pass
- 5y avg ROIC 7.7 %, fails.
- Net debt / EBITDA 4.5×, fails.
- P/E read in reverse (cyclicals) 17.8×, fails.
- 5y avg operating margin 26.3 %, passes.
- Inventory turnover 30.4×, passes.
- Current Ratio 1.58, passes, near the threshold.
- Altman Z-Score 2.0, passes.
- EV/Sales vs history 8.8×, passes.
Against its peers (reference peers) — Planet Fitness, Inc.: P/E 17.8×; EV/EBITDA 10.8×; ROIC 11.6 %; $4.0B. Mattel, Inc. (P/E 11.4×; EV/EBITDA 8.2×; ROIC 7.8 %; $4.4B), Life Time Group Holdings, Inc. (P/E 23.7×; EV/EBITDA 14.7×; ROIC 5.2 %; $9.6B), MakeMyTrip Limited (P/E 129×; EV/EBITDA 25.6×; ROIC 6.7 %; $4.0B).
Expensive or cheap against its last ten years?
P/E at each close: today 17.8× · median 52.2× · minimum 14.4× · maximum 160× · cheap below 45.3× · expensive above 66.9×. It has been cheaper than today only 6% of the time over its last ten years.
Dividend
tight (only raised recently) · Yield 0.00 % ($0.02 per share in 2025) · 5-year growth -7 % a year · Free cash flow coverage 58.8×.
Profitability
| Return on Equity | -53.58% |
| Return on Invested Capital | 11.59% |
| Return on Assets | 7.92% |
| Gross Margin | 50.64% |
| Operating Margin | 30.91% |
| Net Margin | 16.88% |
Financial Health
| Debt / Equity | -4.82 |
| Current Ratio | 1.58 |
| Piotroski F-Score | 7 |
| Altman Z-Score | 2.00 |
Price Performance
| 1 month | +29.19% |
| 3 months | -5.87% |
| Year-to-date | -51.48% |
| 1 year | -42.48% |
| 3 years | -4.83% |
| 5 years | -33.84% |
| 10 years | +148.25% |
Dividend History
| Date | Amount |
|---|---|
| 2016-11-18 | $2.7800 |
Amounts adjusted for stock splits.
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Explore sector: Consumer Cyclical · Leisure
More sections of PLNT: Financials · Valuation · Statistics · Estimates · Technical · Ownership · News · Events
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