Planet Fitness Inc (PLNT)
Profitability ratios
Return on sales
| 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 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Gross profit margin | 83.01% | 83.91% | 82.58% | 81.22% | 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% |
| 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% |
| Pretax margin | 20.72% | 21.23% | 21.41% | 21.11% | 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% |
| 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% |
Planet Fitness Inc's profitability ratios have shown variations over the years.
1. Gross profit margin has fluctuated, starting at a high of 90.39% in March 2021, dropping significantly to 49.37% in December 2021, and then gradually recovering to 83.01% by December 2024.
2. Operating profit margin has also had fluctuations, with a peak of 34.40% in March 2020, dropping to 16.60% by March 2021, and gradually recovering to 28.39% by June 2024.
3. Pretax margin reflected a similar trend, with negative margins in late 2020, but showing a positive turnaround in subsequent periods, reaching 21.41% by June 2024.
4. Net profit margin, like the other ratios, has shown variations. It started negative in December 2020, gradually improving to 15.05% by June 2024.
Overall, while there have been fluctuations in profitability ratios, there has been a general trend towards recovery and improvement over the years, indicating a positive trajectory in the company's profitability.
Return on investment
| 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 return on assets (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% |
| Return on assets (ROA) | 5.60% | 5.26% | 5.29% | 5.01% | 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% |
| Return on total capital | 16.99% | 16.73% | 16.78% | 16.08% | 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% |
| Return on equity (ROE) | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
Planet Fitness Inc's profitability ratios demonstrate a positive trend over the analyzed periods. The Operating Return on Assets (Operating ROA) improved steadily from 11.42% on March 31, 2020, to 10.56% on December 31, 2024. This indicates that the company's ability to generate profits from its operations in relation to its assets remained strong and relatively stable.
Similarly, the Return on Assets (ROA) also witnessed consistent growth from 5.27% on March 31, 2020, to 5.60% on December 31, 2024. This ratio reflects the company's efficiency in utilizing its assets to generate profits, and the positive trajectory indicates improved asset utilization over time.
The Return on Total Capital ratio increased from 18.97% on March 31, 2020, to 16.99% on December 31, 2024. This ratio signifies the company's profitability in relation to its total capital employed, showing a declining trend but remaining at a relatively healthy level.
Notably, Return on Equity (ROE) data is unavailable for the analyzed periods, indicating that the company may not have reported this specific ratio or its equity structure may differ from traditional calculations. Overall, the profitability ratios suggest that Planet Fitness Inc has maintained a solid financial performance and effective utilization of its assets and capital to generate returns for its shareholders.