Planet Fitness
Financial ratios & Valuation

Forward Multiples (2025 – 2026)

20252026
Price/Earnings ratio
47.3440.55
Price/Sales ratio
7.206.49
Earnings per Share (EPS)
$2.28$2.67

Historical Multiples (2014 – 2023)

2014 2015 2016 2017 2018 2019 2020 2021 2022 2023 TTM Median
Valuation Ratios
Price/Earnings ratio
15.3130.5940.4882.4453.1452.65-410.01176.3966.6944.8066.4053.14
Price/Sales ratio
2.011.712.306.358.168.9915.3312.857.075.787.048.99
Price/Book Value ratio
3.87-36.83-6.65-22.87-12.48-8.77-8.83-11.69-33.31-53.58-33.17-8.77
Price/Cash Flow ratio
7.096.937.9920.8525.3630.32200.2039.8527.6018.7627.4825.36
Price/Free Cash Flow ratio
23.379.119.3129.2847.8366.26-291.0056.5847.3031.9047.1066.26
Price/Earnings Growth ratio
0.34-0.60-20.64-5.150.371.293.61-0.470.501.170.510.37
Dividend Yield
36.43%31.15%19.45%0.07%0.19%0.12%0.03%0.00%0.06%N/AN/A0.12%
Profitability Indicator Ratios
Gross Profit Margin
46.46%48.27%51.76%55.82%51.07%51.98%45.89%53.80%50.60%52.04%58.42%51.07%
Operating Profit Margin
21.99%21.81%30.57%34.31%32.12%33.83%14.69%24.42%24.56%25.46%24.56%33.83%
Pretax Profit Margin
13.75%14.30%23.77%99.82%23.00%25.14%-3.57%8.85%17.23%19.37%17.23%25.14%
Net Profit Margin
13.15%5.60%5.68%7.70%15.36%17.08%-3.73%7.28%10.61%12.91%10.61%17.08%
Effective Tax Rate
3.07%19.34%20.75%87.04%21.73%21.80%-4.73%10.89%31.29%28.19%31.29%21.73%
Return on Assets
6.04%2.64%2.14%3.03%6.50%6.85%-0.82%2.12%3.48%4.65%3.48%6.85%
Return On Equity
25.29%-120.40%-16.44%-27.74%-23.49%-16.65%2.15%-6.62%-49.94%-119.59%-49.65%-16.65%
Return on Capital Employed
11.22%11.39%12.59%15.04%15.06%14.82%3.43%7.79%8.81%10.03%8.81%14.82%
Liquidity Ratios
Current Ratio
N/A1.101.091.572.953.715.06N/AN/AN/A2.273.71
Quick Ratio
1.181.031.071.552.913.705.063.742.251.851.923.70
Cash ratio
0.710.470.481.002.202.993.923.091.671.091.672.99
Days of Sales Outstanding
28.3126.5240.8848.2237.1627.7834.7027.6325.9819.1723.8527.78
Days of Inventory outstanding
7.339.723.605.176.670.960.781.554.153.324.934.93
Operating Cycle
35.6536.2544.4853.3943.8328.7535.4829.1930.1322.4910.8128.75
Days of Payables Outstanding
65.1551.1257.0355.0539.6223.4732.1637.5416.2316.9019.2823.47
Cash Conversion Cycle
-29.49-14.87-12.54-1.664.205.283.32-8.3513.905.595.784.20
Debt Ratios
Debt Ratio
0.620.690.700.640.860.990.950.870.700.661.060.86
Debt Equity Ratio
2.61-31.52-5.42-5.88-3.12-2.41-2.50-2.72-10.04-17.15-15.34-2.41
Long-term Debt to Capitalization
0.721.031.221.201.471.721.671.581.111.061.091.72
Total Debt to Capitalization
0.721.031.221.201.461.701.661.581.111.061.091.70
Interest Coverage Ratio
N/A2.934.264.183.623.830.72N/AN/AN/A2.593.83
Cash Flow to Debt Ratio
0.200.160.150.180.150.110.010.100.120.160.100.11
Company Equity Multiplier
4.18-45.46-7.65-9.14-3.61-2.43-2.62-3.12-14.34-25.67-14.34-2.43
Cash Flow Ratios
Operating Cash Flow / Sales Ratio
0.280.240.280.300.320.290.070.320.250.300.250.29
Free Cash Flow / Operating Cash Flow Ratio
0.300.760.850.710.530.45-0.680.700.580.580.580.53
Cash Flow Coverage Ratio
0.200.160.150.180.150.110.010.100.120.160.100.11
Short Term Coverage Ratio
18.5616.0115.1418.2315.3611.671.7710.8111.5715.9111.5711.67
Dividend Payout Ratio
557.96%953.05%787.35%5.95%10.51%6.52%-13.52%1.75%4.65%N/AN/A6.52%