Planet Fitness Inc (PLNT)

Operating 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
Operating income (ttm)	US$ in thousands	324,198	305,808	296,908	286,531	272,865	265,904	255,487	233,577	230,078	194,873	177,486	162,646	143,395	146,377	117,872	54,898	59,759	89,158	126,177	214,165
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
Operating profit margin		27.94%	28.26%	28.39%	28.37%	27.67%	27.00%	26.81%	26.20%	26.99%	25.80%	26.61%	28.00%	28.10%	30.55%	27.50%	16.60%	17.27%	22.08%	26.72%	34.40%

December 31, 2024 calculation

Operating profit margin = Operating income (ttm) ÷ Revenue (ttm)
= $324,198K ÷ $1,160,425K
= 27.94%

The operating profit margin of Planet Fitness Inc has shown fluctuations over the given time period. Starting at 34.40% as of March 31, 2020, the margin gradually decreased, reaching its lowest point at 16.60% on March 31, 2021. However, there was a significant recovery by June 30, 2021, when the margin increased to 27.50%.

Subsequently, there was further improvement in the operating profit margin, reaching a peak of 30.55% on September 30, 2021. The margin remained relatively stable above 25% for the following quarters, with a minor decline to 25.80% on September 30, 2022.

Overall, the operating profit margin of Planet Fitness Inc has displayed a mix of ups and downs but generally remained within a moderate to healthy range, indicating the company's ability to efficiently generate profit from its core operations.