Planet Fitness Inc (PLNT)
Return on equity (ROE)
Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
---|---|---|---|---|---|---|
Net income | US$ in thousands | 172,042 | 138,313 | 99,402 | 42,774 | -14,991 |
Total stockholders’ equity | US$ in thousands | -215,380 | -115,649 | -199,012 | -645,355 | -705,869 |
ROE | — | — | — | — | — |
December 31, 2024 calculation
ROE = Net income ÷ Total stockholders’ equity
= $172,042K ÷ $-215,380K
= —
Based on the provided data, the return on equity (ROE) for Planet Fitness Inc is not available for the years ending December 31, 2020, 2021, 2022, 2023, and 2024. It appears that the specific ROE figures for these years are not disclosed or currently unavailable.ROE is a key financial ratio that measures a company's profitability by showing how much profit a company generates with the shareholders' equity. Knowing the ROE would provide valuable insight into the company's efficiency in utilizing shareholder's funds to generate profits. However, without this data, it is difficult to assess the company's performance in this aspect over the mentioned years.