Planet Fitness Inc (PLNT)
Operating return on assets (Operating ROA)
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 |
Total assets | US$ in thousands | 3,069,710 | 3,048,180 | 2,974,040 | 2,992,780 | 2,969,690 | 2,944,850 | 2,848,240 | 2,905,560 | 2,854,590 | 2,846,260 | 2,884,090 | 2,992,400 | 2,015,980 | 1,949,700 | 1,899,600 | 1,864,980 | 1,849,740 | 1,801,550 | 1,800,040 | 1,875,640 |
Operating ROA | 10.56% | 10.03% | 9.98% | 9.57% | 9.19% | 9.03% | 8.97% | 8.04% | 8.06% | 6.85% | 6.15% | 5.44% | 7.11% | 7.51% | 6.21% | 2.94% | 3.23% | 4.95% | 7.01% | 11.42% |
December 31, 2024 calculation
Operating ROA = Operating income (ttm) ÷ Total assets
= $324,198K ÷ $3,069,710K
= 10.56%
Operating ROA for Planet Fitness Inc has shown a fluctuating trend over the provided period, ranging from 2.94% in March 2021 to 10.56% in December 2024. The company's operating ROA has generally been increasing, indicating improved efficiency in generating operating income relative to its total assets. This suggests that Planet Fitness has been able to enhance its operational profitability and asset utilization over time. The most recent figure of 10.56% in December 2024 reflects the company's ability to generate earnings from its assets, which is a positive indicator for investors and stakeholders.