Planet Fitness Stock Net Income
| PLNT Stock | USD 99.55 1.47 1.46% |
Planet Fitness fundamentals help investors to digest information that contributes to Planet Fitness' financial success or failures. It also enables traders to predict the movement of Planet Stock. The fundamental analysis module provides a way to measure Planet Fitness' intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to Planet Fitness stock.
| Last Reported | Projected for Next Year | ||
| Net Income | 138.3 M | 70.6 M | |
| Net Income Applicable To Common Shares | 114.3 M | 120 M | |
| Net Income From Continuing Ops | 146.6 M | 80.2 M | |
| Net Income Per Share | 1.63 | 1.71 | |
| Net Income Per E B T | 0.67 | 0.48 |
Planet | Net Income |
Planet Fitness Company Net Income Analysis
Planet Fitness' Net income is the profit of a company for the reporting period, which is derived after taking revenues and gains and subtracting all expenses and losses. Net income is one of the most-watched numbers by money managers as well as individual investors.
Current Planet Fitness Net Income | 138.31 M |
Most of Planet Fitness' fundamental indicators, such as Net Income, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, Planet Fitness is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Planet Net Income Driver Correlations
Understanding the fundamental principles of building solid financial models for Planet Fitness is extremely important. It helps to project a fair market value of Planet Stock properly, considering its historical fundamentals such as Net Income. Since Planet Fitness' main accounts across its financial reports are all linked and dependent on each other, it is essential to analyze all possible correlations between related accounts. However, instead of reviewing all of Planet Fitness' historical financial statements, investors can examine the correlated drivers to determine its overall health. This can be effectively done using a conventional correlation matrix of Planet Fitness' interrelated accounts and indicators.
Because income is reported on the Income Statement of a company and is measured in dollars some investors prefer to use Profit Margin, which measures income as a percentage of sales.
| Competition |
Planet Accumulated Other Comprehensive Income
Accumulated Other Comprehensive Income |
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Based on the recorded statements, Planet Fitness reported net income of 138.31 M. This is 72.91% lower than that of the Hotels, Restaurants & Leisure sector and 51.3% lower than that of the Consumer Discretionary industry. The net income for all United States stocks is 75.78% higher than that of the company.
Planet Net Income Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Planet Fitness' direct or indirect competition against its Net Income to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of Planet Fitness could also be used in its relative valuation, which is a method of valuing Planet Fitness by comparing valuation metrics of similar companies.Planet Fitness is currently under evaluation in net income category among its peers.
Planet Fitness Current Valuation Drivers
We derive many important indicators used in calculating different scores of Planet Fitness from analyzing Planet Fitness' financial statements. These drivers represent accounts that assess Planet Fitness' ability to generate profits relative to its revenue, operating costs, and shareholders' equity. Below are some of Planet Fitness' important valuation drivers and their relationship over time.
| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
| Market Cap | 6.2B | 6.2B | 7.5B | 6.6B | 6.0B | 3.7B | |
| Enterprise Value | 7.6B | 7.7B | 9.0B | 8.6B | 7.7B | 5.3B |
Planet Fitness ESG Sustainability
Some studies have found that companies with high sustainability scores are getting higher valuations than competitors with lower social-engagement activities. While most ESG disclosures are voluntary and do not directly affect the long term financial condition, Planet Fitness' sustainability indicators can be used to identify proper investment strategies using environmental, social, and governance scores that are crucial to Planet Fitness' managers, analysts, and investors.Environmental | Governance | Social |
Planet Fitness Institutional Holders
Institutional Holdings refers to the ownership stake in Planet Fitness that is held by large financial organizations, pension funds or endowments. Institutions may purchase large blocks of Planet Fitness' outstanding shares and can exert considerable influence upon its management. Institutional holders may also work to push the share price higher once they own the stock. Extensive social media coverage, TV shows, articles in high-profile magazines, and presentations at investor conferences help move the stock higher, increasing Planet Fitness' value.| Shares | T. Rowe Price Associates, Inc. | 2024-06-30 | 2.2 M | Bank Of New York Mellon Corp | 2024-06-30 | 2.1 M | Franklin Resources Inc | 2024-09-30 | 1.8 M | Steadfast Capital Management Llc | 2024-09-30 | 1.7 M | Anomaly Capital Management, Lp | 2024-09-30 | 1.5 M | Cadian Capital Management Lp | 2024-09-30 | 1.5 M | Geode Capital Management, Llc | 2024-09-30 | 1.5 M | Two Creeks Capital Management, Lp | 2024-09-30 | 1.3 M | Bamco Inc | 2024-09-30 | 1.2 M | Blackrock Inc | 2024-06-30 | 10.3 M | Vanguard Group Inc | 2024-09-30 | 8 M |
Planet Fundamentals
| Return On Asset | 0.0655 | ||||
| Profit Margin | 0.15 % | ||||
| Operating Margin | 0.30 % | ||||
| Current Valuation | 10.68 B | ||||
| Shares Outstanding | 84.18 M | ||||
| Shares Owned By Insiders | 0.47 % | ||||
| Shares Owned By Institutions | 99.53 % | ||||
| Number Of Shares Shorted | 2.82 M | ||||
| Price To Earning | 85.60 X | ||||
| Price To Sales | 8.14 X | ||||
| Revenue | 1.07 B | ||||
| Gross Profit | 482.07 M | ||||
| EBITDA | 443.53 M | ||||
| Net Income | 138.31 M | ||||
| Cash And Equivalents | 383.51 M | ||||
| Cash Per Share | 4.55 X | ||||
| Total Debt | 2.4 B | ||||
| Debt To Equity | (45.53) % | ||||
| Current Ratio | 1.99 X | ||||
| Book Value Per Share | (3.16) X | ||||
| Cash Flow From Operations | 330.25 M | ||||
| Short Ratio | 2.09 X | ||||
| Earnings Per Share | 1.86 X | ||||
| Price To Earnings To Growth | 1.69 X | ||||
| Target Price | 103.59 | ||||
| Number Of Employees | 3.8 K | ||||
| Beta | 1.49 | ||||
| Market Capitalization | 8.55 B | ||||
| Total Asset | 2.97 B | ||||
| Retained Earnings | (691.46 M) | ||||
| Working Capital | 220.49 M | ||||
| Current Asset | 72.94 M | ||||
| Current Liabilities | 66.25 M | ||||
| Net Asset | 2.97 B |
About Planet Fitness Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Planet Fitness's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Planet Fitness using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Planet Fitness based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.
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Additional Tools for Planet Stock Analysis
When running Planet Fitness' price analysis, check to measure Planet Fitness' market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Planet Fitness is operating at the current time. Most of Planet Fitness' value examination focuses on studying past and present price action to predict the probability of Planet Fitness' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Planet Fitness' price. Additionally, you may evaluate how the addition of Planet Fitness to your portfolios can decrease your overall portfolio volatility.