Planet Fitness Inc (PLNT)
Net profit margin
| Dec 31, 2024 | Sep 30, 2024 | Jun 30, 2024 | Mar 31, 2024 | Dec 31, 2023 | Sep 30, 2023 | Jun 30, 2023 | Mar 31, 2023 | Dec 31, 2022 | Sep 30, 2022 | Jun 30, 2022 | Mar 31, 2022 | Dec 31, 2021 | Sep 30, 2021 | Jun 30, 2021 | Mar 31, 2021 | Dec 31, 2020 | Sep 30, 2020 | Jun 30, 2020 | Mar 31, 2020 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Net income (ttm) | US$ in thousands | 172,042 | 160,298 | 157,423 | 149,918 | 138,314 | 136,657 | 124,436 | 105,643 | 99,402 | 71,459 | 61,989 | 53,657 | 42,774 | 45,724 | 25,170 | -18,017 | -14,991 | 5,984 | 34,872 | 98,893 |
| Revenue (ttm) | US$ in thousands | 1,160,425 | 1,082,185 | 1,045,786 | 1,009,840 | 986,001 | 984,910 | 952,853 | 891,685 | 852,544 | 755,272 | 666,937 | 580,823 | 510,272 | 479,125 | 428,591 | 330,645 | 346,043 | 403,782 | 472,257 | 622,556 |
| Net profit margin | 14.83% | 14.81% | 15.05% | 14.85% | 14.03% | 13.88% | 13.06% | 11.85% | 11.66% | 9.46% | 9.29% | 9.24% | 8.38% | 9.54% | 5.87% | -5.45% | -4.33% | 1.48% | 7.38% | 15.88% |
December 31, 2024 calculation
Net profit margin = Net income (ttm) ÷ Revenue (ttm)
= $172,042K ÷ $1,160,425K
= 14.83%
The net profit margin of Planet Fitness Inc has shown fluctuations over the periods provided. It was relatively stable between March 31, 2020, and June 30, 2020, ranging from 15.88% to 7.38%. However, from September 30, 2020, to June 30, 2021, the net profit margin turned negative, indicating that the company's expenses were exceeding its revenue during those periods.
From June 30, 2021, there was an improvement in the net profit margin, with consecutive positive values recorded up to June 30, 2024. Notably, the net profit margin increased gradually, with values ranging from 5.87% to 15.05%. This indicates that the company was able to control its costs and increase profitability over these periods.
Overall, the trend in the net profit margin of Planet Fitness Inc shows an initial decline, followed by a recovery and subsequent improvement. This positive trend in profitability suggests that the company may have implemented effective cost management strategies and revenue-enhancing initiatives during the latter periods to enhance its financial performance.