Planet Fitness Inc (PLNT)
Profitability ratios
Return on sales
| 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 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Gross profit margin | 80.73% | 54.80% | 53.82% | 53.68% | 51.20% | 59.19% | 57.00% | 53.05% | 49.37% | 88.82% | 90.25% | 90.39% | 86.81% | 88.70% | 83.80% | 80.33% | 79.21% | 78.64% | 79.05% | 81.11% |
| 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% |
| Pretax margin | 19.96% | 19.30% | 18.90% | 17.27% | 17.58% | 12.98% | 11.91% | 11.65% | 9.49% | 14.29% | 9.43% | -5.70% | -4.13% | 2.42% | 10.58% | 21.89% | 23.93% | 22.94% | 22.27% | 21.42% |
| Net profit margin | 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% | 18.12% | 17.84% | 17.42% | 16.70% |
The profitability ratios of Planet Fitness Inc have shown a consistent trend of improvement over the quarters. The gross profit margin has maintained high levels, ranging from 80.56% to 82.72%, indicating efficient cost management and strong pricing power.
The operating profit margin has also remained relatively steady, fluctuating between 25.02% and 26.74%, showcasing the company's ability to generate profits from its core business activities.
The pretax margin and net profit margin have seen a notable increase over the quarters, with the latest values reaching 19.19% and 12.91% respectively. This improvement suggests effective management of expenses and growth in net income relative to revenue.
Overall, Planet Fitness Inc's profitability ratios reflect a positive trend, indicating the company's operational efficiency and ability to generate profits in a competitive market environment.
Return on investment
| 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 return on assets (Operating ROA) | 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% | 13.57% | 15.79% | 14.10% | 13.14% |
| Return on assets (ROA) | 4.66% | 4.64% | 4.37% | 3.64% | 3.48% | 2.51% | 2.15% | 1.79% | 2.12% | 2.35% | 1.33% | -0.97% | -0.81% | 0.33% | 1.94% | 5.27% | 6.85% | 7.94% | 6.86% | 6.33% |
| Return on total capital | 15.34% | 15.30% | 15.11% | 13.25% | 13.41% | 10.41% | 9.16% | 8.51% | 11.84% | 13.85% | 11.47% | 6.02% | 6.49% | 8.49% | 11.76% | 18.97% | 22.05% | 28.51% | 23.12% | 22.07% |
| Return on equity (ROE) | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
Planet Fitness Inc's profitability ratios have shown positive trends over the quarters.
1. Operating return on assets (Operating ROA) has been gradually increasing from 5.91% in Q1 2022 to 9.54% in Q4 2023, indicating that the company has been effectively generating operating income relative to its total assets.
2. Return on assets (ROA) has also exhibited a consistent improvement, rising from 1.79% in Q1 2022 to 4.66% in Q4 2023, suggesting that the company's overall profitability in relation to its assets has been on the rise.
3. Return on total capital has shown a similar positive trend, increasing from 9.43% in Q1 2022 to 15.06% in Q4 2023, reflecting the company's ability to generate returns for both debt and equity investors.
4. Return on equity (ROE) data is missing in the provided table, but it is a key metric to evaluate how efficiently the company is utilizing shareholders' equity to generate profits.
Overall, the consistent improvement in profitability ratios over the quarters indicates that Planet Fitness Inc has been effectively utilizing its assets and capital to generate increasing returns for its investors. However, a complete analysis would require ROE data for a more comprehensive assessment of the company's overall financial performance.