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Planet Fitness, Inc. (PLNT) Stock Fundamental Analysis & AI Rating 2026

PLNT NYSE Services-Membership Sports & Recreation Clubs DE CIK: 0001637207
Recently Updated • Analysis: Apr 14, 2026 • SEC Data: 2025-12-31
HOLD
68% Conf
Pending
Analysis scheduled

📊 PLNT Key Takeaways

Revenue: $1.3B
Net Margin: 16.5%
Free Cash Flow: $254.8M
Current Ratio: 2.11x
Debt/Equity: N/A
EPS: $0.00
AI Rating: HOLD with 68% confidence
Planet Fitness, Inc. (PLNT) receives a HOLD rating with 68% confidence from our AI fundamental analysis based on SEC 10-K filings. With revenue of $1.3B, net profit margin of 16.5%, Planet Fitness, Inc. demonstrates mixed fundamentals in the Automotive sector. Below is our complete PLNT stock analysis for 2026.

Is Planet Fitness, Inc. (PLNT) a Good Investment?

Claude

Planet Fitness exhibits strong operational fundamentals with impressive 29.8% operating margins and robust free cash flow generation ($254.8M, 19.2% FCF margin), supporting its ability to service substantial debt. However, negative stockholders' equity of -$482.8M coupled with flat net income growth despite 12.1% revenue growth signals concerning leverage and profitability scaling issues that offset operational strength.

Why Buy Planet Fitness, Inc. Stock? PLNT Key Strengths

Claude
  • + Strong revenue growth of 12.1% YoY demonstrates market demand and business momentum in membership fitness sector
  • + Exceptional cash flow generation with $254.8M free cash flow and 19.2% FCF margin; operating cash flow of $418.4M substantially exceeds net income indicating quality earnings
  • + Outstanding operating margin of 29.8% and net margin of 16.5% reflect efficient operations with strong pricing power in membership-based model
  • + Excellent liquidity position with current ratio of 2.11x and interest coverage ratio of 18.4x, providing near-term financial flexibility

PLNT Stock Risks: Planet Fitness, Inc. Investment Risks

Claude
  • ! Critical risk: Negative stockholders' equity of -$482.8M indicates balance sheet insolvency; company is technically insolvent on an equity basis despite operational cash flow
  • ! High financial leverage with $2.5B long-term debt relative to negative equity creates refinancing risk and limits financial flexibility
  • ! Profitability scaling failure: Net income growth flat at 0.0% YoY despite 12.1% revenue growth signals margin compression or expense escalation that threatens earnings quality
  • ! Membership-based revenue model is economically cyclical; downturn in consumer spending or increased gym competition could severely impact cash flow sustainability

Key Metrics to Watch

Claude
  • * Net income growth trajectory relative to revenue growth to assess margin sustainability and operational leverage
  • * Free cash flow and operating cash flow trends to monitor ability to service debt and fund operations
  • * Debt refinancing needs and interest rate environment impact on interest coverage ratio sustainability
  • * Member acquisition and retention rates (not in provided data) to assess revenue quality and growth durability

Planet Fitness, Inc. (PLNT) Financial Metrics & Key Ratios

Revenue
$1.3B
Net Income
$219.1M
EPS (Diluted)
$0.00
Free Cash Flow
$254.8M
Total Assets
$3.1B
Cash Position
$345.7M

💡 AI Analyst Insight

Strong liquidity with a 2.11x current ratio provides a solid financial cushion.

PLNT Profit Margin, ROE & Profitability Analysis

Gross Margin N/A
Operating Margin 29.8%
Net Margin 16.5%
ROE N/A
ROA 7.1%
FCF Margin 19.2%

PLNT vs Automotive Sector: How Planet Fitness, Inc. Compares

How Planet Fitness, Inc. compares to Automotive sector averages

Net Margin
PLNT 16.5%
vs
Sector Avg 6.0%
PLNT Sector
ROE
PLNT 0.0%
vs
Sector Avg 12.0%
PLNT Sector
Current Ratio
PLNT 2.1x
vs
Sector Avg 1.2x
PLNT Sector
Debt/Equity
PLNT 0.0x
vs
Sector Avg 1.0x
PLNT Sector

Sector benchmarks are approximate industry averages. Actual sector performance may vary.

Is Planet Fitness, Inc. Stock Overvalued? PLNT Valuation Analysis 2026

Based on fundamental analysis, Planet Fitness, Inc. has mixed fundamental signals relative to the Automotive sector in 2026.

Return on Equity
N/A
Sector avg: 12%
Net Profit Margin
16.5%
Sector avg: 6%
Revenue Growth
N/A
Year-over-year
Debt/Equity
N/A
Sector avg: 1x

Note: This is a fundamental analysis based on SEC filings. For P/E ratio, price targets, and market-based valuation, consult financial data providers. This is not investment advice.

Planet Fitness, Inc. Balance Sheet: PLNT Debt, Cash & Liquidity

Current Ratio
2.11x
Quick Ratio
2.08x
Debt/Equity
N/A
Debt/Assets
0.0%
Interest Coverage
18.41x
Long-term Debt
$2.5B

PLNT Revenue & Earnings Growth: 5-Year Financial Trend

PLNT 5-year financial data: Year 2021: Revenue $688.8M, Net Income $117.7M, EPS N/A. Year 2022: Revenue $936.8M, Net Income -$15.0M, EPS N/A. Year 2023: Revenue $1.1B, Net Income $42.8M, EPS N/A. Year 2024: Revenue $1.2B, Net Income $99.4M, EPS N/A. Year 2025: Revenue $1.3B, Net Income $138.3M, EPS N/A.
Revenue
Net Income
EPS (right axis)

5-Year Trend Summary: Planet Fitness, Inc.'s revenue has grown significantly by 92% over the 5-year period, indicating strong business expansion.

PLNT Revenue Growth, EPS Growth & YoY Performance

Revenue Growth
N/A
Year-over-year
Net Income Growth
N/A
Year-over-year
EPS Growth
N/A
Earnings per share
FCF Margin
19.2%
Free cash flow / Revenue

PLNT Quarterly Earnings & Performance

Quarterly financial performance data for Planet Fitness, Inc. including revenue, net income, and earnings per share.
Quarter Revenue Net Income EPS
Q3 2025 $292.2M $42.0M N/A
Q2 2025 $300.9M $48.6M N/A
Q1 2025 $248.0M $34.3M N/A
Q3 2024 $277.6M $39.1M N/A
Q2 2024 $286.5M $41.1M N/A
Q1 2024 $222.2M $22.7M N/A
Q3 2023 $244.4M $26.9M N/A
Q2 2023 $224.4M $22.3M N/A

Data sourced from SEC EDGAR 10-Q quarterly filings. Figures may represent quarterly or cumulative values.

Planet Fitness, Inc. Dividends, Buybacks & Capital Allocation

Operating Cash Flow
$418.4M
Cash generated from operations
Stock Buybacks
$500.4M
Shares repurchased (TTM)
Capital Expenditures
$163.7M
Investment in assets
Dividends Paid
-$449.0K
Returned to shareholders

PLNT SEC Filings: Latest 10-K & 10-Q Analysis

Access official SEC EDGAR filings for Planet Fitness, Inc. (CIK: 0001637207)

📋 Recent SEC Filings

Date Form Document Action
Apr 2, 2026 4 xslF345X06/primarydocument.xml View →
Apr 2, 2026 4 xslF345X06/primarydocument.xml View →
Apr 2, 2026 4 xslF345X06/primarydocument.xml View →
Apr 2, 2026 4 xslF345X06/primarydocument.xml View →
Apr 2, 2026 4 xslF345X06/primarydocument.xml View →

Frequently Asked Questions about PLNT

What is the AI rating for PLNT?

Planet Fitness, Inc. (PLNT) has an AI rating of HOLD with 68% confidence, based on fundamental analysis of SEC EDGAR filings.

What are PLNT's key strengths?

Claude: Strong revenue growth of 12.1% YoY demonstrates market demand and business momentum in membership fitness sector. Exceptional cash flow generation with $254.8M free cash flow and 19.2% FCF margin; operating cash flow of $418.4M substantially exceeds net income indicating quality earnings.

What are the risks of investing in PLNT?

Claude: Critical risk: Negative stockholders' equity of -$482.8M indicates balance sheet insolvency; company is technically insolvent on an equity basis despite operational cash flow. High financial leverage with $2.5B long-term debt relative to negative equity creates refinancing risk and limits financial flexibility.

What is PLNT's revenue and growth?

Planet Fitness, Inc. reported revenue of $1.3B.

Does PLNT pay dividends?

Planet Fitness, Inc. pays dividends, with $-0.4M distributed to shareholders in the trailing twelve months.

Where can I find PLNT SEC filings?

Official SEC filings for Planet Fitness, Inc. (CIK: 0001637207) including 10-K, 10-Q, and 8-K reports are available on SEC EDGAR.

What is PLNT's EPS?

Planet Fitness, Inc. has a diluted EPS of $0.00.

How is the AI analysis conducted?

Two independent AI systems — Claude (Anthropic) and ChatGPT (OpenAI) — analyze SEC EDGAR filings including 10-K annual reports and 10-Q quarterly reports. Each AI evaluates financial health, profitability ratios, balance sheet strength, and growth metrics. The combined rating reflects both perspectives for balanced insights.

Is PLNT a good stock to buy right now?

Based on our AI fundamental analysis in April 2026, Planet Fitness, Inc. has a HOLD rating with 68% confidence. Review the strengths and risks sections above before making a decision. This is not investment advice.

Is PLNT stock overvalued or undervalued?

Valuation metrics for PLNT: ROE of N/A (sector avg: 12%), net margin of 16.5% (sector avg: 6%). Compare these metrics with sector averages to assess valuation.

Should I buy PLNT stock in 2026?

Our dual AI analysis gives Planet Fitness, Inc. a combined HOLD rating for 2026. Revenue is data pending, with profitability above sector average. Always conduct your own research.

What is PLNT's free cash flow?

Planet Fitness, Inc.'s operating cash flow is $418.4M, with capital expenditures of $163.7M. FCF margin is 19.2%.

How does PLNT compare to other Automotive stocks?

Vs Automotive sector averages: Net margin 16.5% (avg: 6%), ROE N/A (avg: 12%), current ratio 2.11 (avg: 1.2).

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Disclaimer: This analysis is generated by Claude AI (Anthropic) and ChatGPT (OpenAI) based on publicly available SEC EDGAR filings. It does not include stock price data and should not be considered financial advice. All fundamental data is sourced from SEC public domain filings. Always conduct your own research and consult with a qualified financial advisor before making investment decisions.
Data Source: SEC EDGAR | Analysis Date: Apr 14, 2026 | Data as of: 2025-12-31 | Powered by Claude AI