Planet Fitness Inc (PLNT)
Operating profit margin
| 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 | Dec 31, 2019 | Sep 30, 2019 | Jun 30, 2019 | Mar 31, 2019 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating income (ttm) | US$ in thousands | 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 | 233,083 | 224,254 | 214,766 | 198,311 |
| Revenue (ttm) | US$ in thousands | 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 | 649,563 | 632,412 | 600,132 | 572,191 |
| Operating profit margin | 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% | 35.88% | 35.46% | 35.79% | 34.66% |
December 31, 2023 calculation
Operating profit margin = Operating income (ttm) ÷ Revenue (ttm)
= $272,865K ÷ $986,001K
= 27.67%
Planet Fitness Inc has demonstrated a relatively stable operating profit margin over the past eight quarters, ranging from 25.02% to 26.74%. The company's Q4 2023 operating profit margin of 26.44% reflects a slight improvement from the previous quarter's figure of 26.34%. Despite some fluctuations, the operating profit margin has generally remained above 25%, indicating the company's ability to effectively control operating expenses and generate profits from its core business activities. This consistent performance suggests that Planet Fitness Inc has been able to maintain a healthy balance between revenue generation and cost management, which is a positive sign for investors and stakeholders.