Planet Fitness, Inc. (PLNT)
Planet Fitness, Inc. operates in the Leisure industry of the Consumer Cyclical sector, headquartered in Hampton, NH, US. The stock last traded at $53.33, up 3.15% on the session, giving a market capitalisation of $4.24B. On trailing twelve-month figures it carries a trailing P/E of 18.08, a net margin of 16.9%. Its beta of 1.02 implies it has historically moved more than the broad market.
Planet Fitness, Inc., encompassing its various holdings, develops and oversees fitness facilities operating under the Planet Fitness brand. The company's business model is organized into three distinct divisions: Franchising, Corporate-Owned Locations, and Equipment Sales. Its Franchising division manages the licensing of Planet Fitness centers throughout the United States, Puerto Rico, Canada, Panama, Mexico, and Australia. The Corporate-Owned Locations segment is responsible for the direct operation of company-owned fitness clubs within the United States and Canada. Furthermore, the Equipment Sales division supplies fitness machinery to its franchised establishments located in the U.S. and Canada. As of December 31, 2021, the firm maintained a total of 2,254 centers spanning 50 U.S. states, the District of Columbia, Puerto Rico, Canada, Panama, Mexico, and Australia. Planet Fitness, Inc. was founded in 1992 and maintains its principal headquarters in Hampton, New Hampshire.
Planet Fitness, Inc. is most often compared with the following Consumer Cyclical names: