Stocks · Consumer Cyclical · Leisure

Planet Fitness, Inc. PLNT

$42.41 +1.34% Close, Oct 2, 2026 · NYSE · Market cap $3.37B

Strong growthHigh qualityWeak trend

Next earnings report: Nov 5, 2026

Scroll or pinch to zoom, drag to move. Daily prices adjusted for splits. Markers: E = earnings (green beat, red miss), S = split, D = dividend.

Three things to know

  1. At 14.4× trailing earnings, the shares trade at the lowest P/E of the company's past five years.
  2. The diluted share count fell 8.4% in a year, mainly through buybacks.
  3. Over the past year the stock returned -58.8%, behind the S&P 500 by 73.9 percentage points.

PromtFinance scores

Each score is a percentile within the Consumer Cyclical sector (0–100). Under each score: how the stock ranks in its sector on every component. As of Oct 5, 2026.

Growth80Strong

How fast revenue, earnings and cash flow are growing.

  • Revenue growth (TTM, YoY)Top 19%
  • EPS growth (TTM, YoY)Top 26%
  • FCF growth (TTM, YoY)Top 44%
  • Revenue growth, 3-year CAGRTop 15%
  • Revenue growth accelerationBottom 22%
Quality81Strong

Returns on capital, margins, earnings quality and balance-sheet strength.

  • Return on invested capitalTop 26%
  • Gross marginTop 22%
  • Operating marginTop 2%
  • Cash conversion (OCF / net income)Top 47%
  • Accruals (lower is better)Top 42%
  • Net debt / EBITDA (lower is better)Bottom 31%
  • Interest coverBottom 45%
Value73Positive

How cheap the shares are relative to earnings, cash flow and their own history.

  • Earnings yieldTop 25%
  • Free-cash-flow yieldTop 35%
  • EBITDA / enterprise valueTop 31%
  • Sales / enterprise valueBottom 8%
  • P/E vs own 5-year history (lower is better)Top 8%
Momentum4Very weak

Strength and persistence of the price trend, including versus the S&P 500.

  • 12-month return excluding last monthBottom 7%
  • 6-month returnBottom 4%
  • 1-year return vs S&P 500Bottom 7%
  • Distance from 52-week highBottom 8%
  • Trend checklist (0–4)Bottom 18%
Revisions89Strong

Earnings surprises and analyst sentiment (estimate-revision history is being collected).

  • Average EPS surprise, last 4 quartersBottom 48%
  • Consecutive EPS beatsTop 23%
  • Share of analysts rating BuyTop 21%
  • Upside to consensus price targetTop 19%
Stability51Neutral

Low volatility, shallow drawdowns, low market sensitivity and modest leverage.

  • Volatility, 60 days (lower is better)Bottom 44%
  • Maximum drawdown, 3 yearsBottom 35%
  • Beta vs S&P 500 (lower is better)Top 3%
  • Net debt / EBITDA (lower is better)Bottom 31%

What changed

Latest four quarters versus the same period a year earlier (growth: versus one quarter earlier).

MeasureBeforeNow
Revenue growth (YoY)14.4%12.7%↓
EPS growth (YoY)30.7%31.1%↑
Gross margin52.2%50.3%↓
Operating margin28.2%30.7%↑
FCF margin16.3%18.6%↑

Fundamental momentum

MeasureNow (TTM)Year / quarter beforeSector rank
Revenue growth (TTM, YoY)12.7%14.4%↓Top 19%
EPS growth (TTM, YoY)31.1%30.7%↑Top 26%
Gross margin50.3%52.2%↓Top 22%
Operating margin30.7%28.2%↑Top 2%
Net margin16.9%15.1%↑—
Free-cash-flow margin18.6%16.3%↑—
Return on invested capital11.5%—Top 26%
Revenue growth, 3-year CAGR12.2%—Top 15%

Quality of earnings and balance sheet

Cash conversion (OCF / net income)Above 1× means profits are backed by cash.
1.82×
Accruals (net income − OCF) / assetsLower is better; high accruals can signal weaker earnings quality.
-6.5%
Stock-based compensation / revenueA cost to shareholders through dilution.
0.9%
Receivables growth vs revenue growthReceivables growing much faster than sales can be a warning.
-7.7 pp
Net debt / EBITDABelow 1× is conservative; above 3× is high leverage.
4.35×
Interest cover (operating income / interest)How many times operating profit covers interest.
3.5×

Shareholder returns

Dividend yield (dividends paid, TTM)
0.01%
Net buyback yield (TTM)
20.72%
Shareholder yield
20.73%
Share count change, 1 year
-8.4%
Share count change, 3-year CAGR
-3.1%

Shareholder yield = dividends + net buybacks over the last four quarters, divided by market cap.

Based on the four quarters through Jun 30, 2026 (filed Aug 6, 2026).

Earnings and expectations

Earnings momentum

Consecutive EPS beats
5
Beats in the last 8 reports
7 of 8
Average EPS surprise, last 4
+8.6%
Average 2-day reaction, last 8
-5.3%
Positive 20 days after report
4 of 8

Analysts

Consensus price target
$69.18
Target vs current price
+63.1%
Analysts with a rating
29
Share rating Buy or Strong Buy
69%
Consensus rating
Buy

How the stock reacted to recent reports

Report dateEPS surprise2 days5 days20 days60 days
Aug 6, 2026+3.8%-9.5%-14.7%-8.7%—
May 7, 2026+17.5%-31.2%-20.9%-19.7%-12.1%
Feb 24, 2026+5.1%-9.0%-9.8%-17.4%-43.1%
Nov 6, 2025+8.3%+12.6%+13.2%+19.3%-1.0%
Aug 6, 2025+8.9%-2.9%-2.8%-6.8%-16.3%
May 8, 2025-4.1%-4.6%-3.7%+3.4%+8.4%
Feb 25, 2025+12.9%-9.2%-6.2%+2.9%+4.2%
Nov 7, 2024+10.3%+11.2%+14.4%+18.6%+26.3%

Returns from the close before each report. Past reactions do not determine future ones.

Earnings history

Report dateEPSEstimateSurpriseRevenue
Aug 6, 2026$0.88$0.85+3.8%$365.2M
May 7, 2026$0.74$0.63+17.5%$337.2M
Feb 24, 2026$0.83$0.79+5.1%$376.3M
Nov 6, 2025$0.80$0.74+8.3%$330.3M
Aug 6, 2025$0.86$0.79+8.9%$340.9M
May 8, 2025$0.59$0.62-4.1%$276.7M
Feb 25, 2025$0.70$0.62+12.9%$340.4M
Nov 7, 2024$0.64$0.58+10.3%$292.2M

Valuation in context

MultipleNow5-year median5-year percentileSector rank (cheapness)
P/E (trailing)14.4×44.8×0thTop 25%
P/E (forward)13.0×———
EV / EBITDA9.8×——Top 31%
EV / Sales4.28×——Bottom 8%
Free-cash-flow yield7.77%——Top 35%
Earnings yield6.96%——Top 25%

P/E over the past five years

Range 15.9× – 238.6× since Jun 30, 2021. Each point: price on the filing date divided by trailing-twelve-month EPS known then.

What moved the stock over the past year

Price return, 1 year
-58.8%
Earnings per share growth (TTM)
+31.1%
Change in P/E multiple
-62.9%

Most of the move came from a change in the valuation multiple.

Technical state

Trend checklist

  • ✗ Price above 20-day average
  • ✗ Price above 50-day average
  • ✗ Price above 200-day average
  • ✗ 50-day average above 200-day
  • ✗ MACD histogram positive

Trend quality

Days above the 50-day average
0
Days above the 200-day average
0
50-day average slope (20 days)
-4.8%
200-day average slope (20 days)
-8.4%
Distance from 50-day average
-15.4%
Distance from 200-day average
-37.5%
RSI (14)
35.7
Relative volume
0.62×

Risk and drawdowns

Volatility, 60 days (annualized)
45.3%
Volatility vs own 5-year history
84th percentile · High for this stock
Beta vs S&P 500 (2 years, weekly)
0.29
Correlation with S&P 500
0.11
Current drawdown from 1-year high
-62.1%
Maximum drawdown, 3 years
-64.3%

Largest declines in the past six years

From peakTo lowDeclineLengthRecovery
Jul 22, 2025Sep 28, 2026-64.3%298 daysNot yet recovered
Nov 8, 2021Sep 26, 2023-53.7%472 days286 days (Nov 13, 2024)
Feb 24, 2021Aug 19, 2021-22.2%123 days54 days (Nov 4, 2021)
Jan 30, 2025Feb 25, 2025-17.4%17 days94 days (Jul 11, 2025)
Nov 9, 2020Nov 20, 2020-15.1%9 days22 days (Dec 23, 2020)

Declines of 10% or more from a closing high, measured on daily closes.

Financial statements

Market cap
$3.37B
P/E (TTM)
14.4
EPS, diluted (TTM)
$2.95
Revenue (TTM)
$1.41B
52-week range
$37.03 – $114.26
FY 2021FY 2022FY 2023FY 2024FY 2025
Revenue$587.0M$936.8M$1.07B$1.18B$1.32B
Gross profit$315.9M$474.0M$557.6M$615.0M$1.09B
Operating income$143.4M$230.1M$272.9M$324.2M$394.7M
Net income$42.8M$99.4M$138.3M$172.0M$219.1M
EPS (diluted)$0.51$1.18$1.62$2.00$2.62
Q3 2024Q4 2024Q1 2025Q2 2025Q3 2025Q4 2025Q1 2026Q2 2026
Revenue$292.2M$340.4M$276.7M$340.9M$330.3M$376.3M$337.2M$365.2M
Net income$42.0M$47.1M$41.9M$58.0M$58.8M$60.4M$51.6M$67.1M
EPS (diluted)$0.50$0.56$0.50$0.69$0.70$0.73$0.65$0.87
FY 2021FY 2022FY 2023FY 2024FY 2025
Operating cash flow$189.3M$240.2M$330.3M$343.9M$418.4M
Capital expenditure-$54.1M-$100.1M-$136.0M-$155.1M-$163.7M
Free cash flow$135.2M$140.2M$194.3M$188.8M$254.8M
Dividends paid-$750,000-$4.6M-$4.6M-$4.8M-$1.5M
Net share buybacks$8.2M-$93.4M-$115.9M-$278.3M-$498.5M

Cash outflows are shown as negative numbers.

Cash and short-term investments
$400.8M
Total assets
$3.00B
Total liabilities
$3.62B
Total debt
$2.96B
Net debt
$2.67B
Shareholders’ equity
-$614.7M

As of Jun 30, 2026 (filed Aug 6, 2026).

Dividends

Ex-dateAmountPaid
Nov 18, 2016$2.78Dec 5, 2016

Short interest

Shares sold short
7,951,092
Days to cover
5.16
Change vs previous report
+7.8%

FINRA short interest, settlement date Sep 15, 2026.