Planet Historical Income Statement

PLNT Stock

USD 63.27 2.13 3.26%

Historical analysis of Planet Fitness income statement accounts such as Gross Profit of 267.8 M, Other Operating Expenses of 409.4 M, Operating Income of 145.8 M or Ebit of 174.7 M can show how well Planet Fitness performed in making a profits. Evaluating Planet Fitness income statement over time to spot trends is a great complementary tool to traditional technical analysis and can indicate the direction of Planet Fitness's future profits or losses.

Cash Flow Balance Sheet Income Statement

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Financial Statement Analysis is much more than just reviewing and examining Planet Fitness latest accounting reports to predict its past. Macroaxis encourages investors to analyze financial statements over time for various trends across multiple indicators and accounts to determine whether Planet Fitness is a good buy for the upcoming year.

Net Income Gross Profit

Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Planet Fitness. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in board of governors.

For more information on how to buy Planet Stock please use our How to Invest in Planet Fitness guide.

About Planet Income Statement Analysis

Planet Fitness Income Statement consists of revenues and expenses along with the resulting net income or loss. It represents the profit for the accounting period attributable to Planet Fitness shareholders. The income statement also shows Planet investors and management if the firm made money during the period reported. The result of an income statement is the net income that is calculated after subtracting the expenses from revenue. It is essential to investors both as an absolute measure as well as earnings per share (i.e., EPS).

Planet Fitness Income Statement Chart

Planet Fitness Income Statement is one of the three primary financial statements used for reporting Planet's overall financial performance over a current year or for a given accounting period. An Income Statement sometimes referred to as the statement of Planet Fitness revenue and expense. Planet Fitness Income Statement primarily focuses on the company's revenues and expenses during a particular period.

At this time, Planet Fitness' Depreciation And Amortization is comparatively stable compared to the past year. Selling And Marketing Expenses is likely to gain to about 44.3 M in 2024, whereas Gross Profit is likely to drop slightly above 267.8 M in 2024.

Selling General Administrative Selling And Marketing Expenses Total Revenue Gross Profit Total Operating Expenses

Total Revenue

Total revenue comprises all receipts Planet Fitness generated from the sale of its products or services. The total amount of income generated by the sale of goods or services related to the company's primary operations.

Gross Profit

Gross profit is a required income statement account that reflects total revenue of Planet Fitness minus its cost of goods sold. It is profit before Planet Fitness operating expenses, interest payments and taxes. Gross profit is also known as gross margin. The profit a company makes after deducting the costs associated with making and selling its products, or the costs associated with providing its services.

Total Operating Expenses

The total costs associated with the day-to-day operations of a business, excluding the cost of goods sold but including selling, general, and administrative expenses.

Most accounts from Planet Fitness' income statement are interrelated and interconnected. However, analyzing income statement accounts one by one will only give a small insight into Planet Fitness current financial condition. On the other hand, looking into the entire matrix of income statement accounts, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Planet Fitness. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in board of governors.

For more information on how to buy Planet Stock please use our How to Invest in Planet Fitness guide.At this time, Planet Fitness' Depreciation And Amortization is comparatively stable compared to the past year. Selling And Marketing Expenses is likely to gain to about 44.3 M in 2024, whereas Gross Profit is likely to drop slightly above 267.8 M in 2024.

	2021	2022	2023	2024 (projected)
Gross Profit	315.9M	474.0M	408.2M	267.8M
Total Revenue	587.0M	936.8M	1.1B	554.8M

Gross Profit Total Revenue

Planet Fitness income statement Correlations

	Depreciation And Amortization	Selling General Administrative	Selling And Marketing Expenses	Total Revenue	Gross Profit	Other Operating Expenses	Operating Income	Ebit	Ebitda	Cost Of Revenue	Total Operating Expenses	Income Before Tax	Total Other Income Expense Net	Net Income	Income Tax Expense	Interest Expense	Minority Interest	Net Income From Continuing Ops	Tax Provision	Interest Income	Non Operating Income Net Other	Net Interest Income	Reconciled Depreciation	Extraordinary Items
Depreciation And Amortization		0.69	0.91	0.81	0.74	0.84	0.68	0.4	0.59	0.95	0.72	0.29	-0.35	0.78	0.07	0.74	-0.04	0.55	0.03	-0.48	-0.17	-0.79	0.91	0.74
Selling General Administrative	0.69		0.84	0.92	0.92	0.9	0.89	0.65	0.77	0.76	0.8	0.49	-0.19	0.7	0.24	0.91	-0.11	0.64	0.2	-0.63	0.04	-0.78	0.7	0.49
Selling And Marketing Expenses	0.91	0.84		0.86	0.83	0.86	0.8	0.63	0.76	0.95	0.74	0.5	-0.19	0.83	0.28	0.84	-0.02	0.6	0.24	-0.58	0.04	-0.85	0.81	0.69
Total Revenue	0.81	0.92	0.86		0.97	0.99	0.95	0.63	0.79	0.83	0.83	0.49	-0.27	0.81	0.17	0.87	-0.1	0.79	0.13	-0.58	-0.07	-0.76	0.88	0.59
Gross Profit	0.74	0.92	0.83	0.97		0.95	0.96	0.67	0.81	0.77	0.9	0.53	-0.21	0.79	0.23	0.88	-0.14	0.77	0.19	-0.63	0.0	-0.77	0.78	0.41
Other Operating Expenses	0.84	0.9	0.86	0.99	0.95		0.91	0.56	0.75	0.83	0.85	0.41	-0.33	0.77	0.11	0.89	-0.06	0.73	0.07	-0.6	-0.12	-0.8	0.92	0.61
Operating Income	0.68	0.89	0.8	0.95	0.96	0.91		0.74	0.84	0.77	0.74	0.63	-0.12	0.85	0.29	0.76	-0.18	0.9	0.26	-0.49	0.06	-0.62	0.72	0.51
Ebit	0.4	0.65	0.63	0.63	0.67	0.56	0.74		0.96	0.48	0.47	0.98	0.55	0.54	0.86	0.47	-0.2	0.57	0.84	-0.03	0.71	-0.34	0.39	0.3
Ebitda	0.59	0.77	0.76	0.79	0.81	0.75	0.84	0.96		0.63	0.62	0.91	0.36	0.64	0.74	0.63	-0.18	0.65	0.71	-0.17	0.55	-0.5	0.61	0.44
Cost Of Revenue	0.95	0.76	0.95	0.83	0.77	0.83	0.77	0.48	0.63		0.64	0.37	-0.33	0.9	0.11	0.72	-0.07	0.68	0.07	-0.5	-0.15	-0.75	0.83	0.81
Total Operating Expenses	0.72	0.8	0.74	0.83	0.9	0.85	0.74	0.47	0.62	0.64		0.29	-0.32	0.56	0.09	0.9	-0.04	0.46	0.06	-0.73	-0.09	-0.87	0.74	0.2
Income Before Tax	0.29	0.49	0.5	0.49	0.53	0.41	0.63	0.98	0.91	0.37	0.29		0.68	0.47	0.91	0.27	-0.22	0.54	0.9	0.18	0.78	-0.14	0.27	0.26
Total Other Income Expense Net	-0.35	-0.19	-0.19	-0.27	-0.21	-0.33	-0.12	0.55	0.36	-0.33	-0.32	0.68		-0.25	0.87	-0.38	-0.15	-0.14	0.89	0.69	0.95	0.46	-0.39	-0.22
Net Income	0.78	0.7	0.83	0.81	0.79	0.77	0.85	0.54	0.64	0.9	0.56	0.47	-0.25		0.13	0.58	-0.03	0.87	0.09	-0.45	-0.13	-0.56	0.68	0.66
Income Tax Expense	0.07	0.24	0.28	0.17	0.23	0.11	0.29	0.86	0.74	0.11	0.09	0.91	0.87	0.13		0.07	-0.15	0.15	1.0	0.36	0.96	0.01	0.02	0.06
Interest Expense	0.74	0.91	0.84	0.87	0.88	0.89	0.76	0.47	0.63	0.72	0.9	0.27	-0.38	0.58	0.07		-0.01	0.44	0.03	-0.8	-0.1	-0.95	0.77	0.41
Minority Interest	-0.04	-0.11	-0.02	-0.1	-0.14	-0.06	-0.18	-0.2	-0.18	-0.07	-0.04	-0.22	-0.15	-0.03	-0.15	-0.01		-0.2	-0.14	-0.19	-0.11	-0.08	0.0	-0.03
Net Income From Continuing Ops	0.55	0.64	0.6	0.79	0.77	0.73	0.9	0.57	0.65	0.68	0.46	0.54	-0.14	0.87	0.15	0.44	-0.2		0.12	-0.28	-0.09	-0.32	0.6	0.52
Tax Provision	0.03	0.2	0.24	0.13	0.19	0.07	0.26	0.84	0.71	0.07	0.06	0.9	0.89	0.09	1.0	0.03	-0.14	0.12		0.39	0.97	0.04	-0.01	0.03
Interest Income	-0.48	-0.63	-0.58	-0.58	-0.63	-0.6	-0.49	-0.03	-0.17	-0.5	-0.73	0.18	0.69	-0.45	0.36	-0.8	-0.19	-0.28	0.39		0.48	0.83	-0.47	-0.12
Non Operating Income Net Other	-0.17	0.04	0.04	-0.07	0.0	-0.12	0.06	0.71	0.55	-0.15	-0.09	0.78	0.95	-0.13	0.96	-0.1	-0.11	-0.09	0.97	0.48		0.18	-0.21	-0.13
Net Interest Income	-0.79	-0.78	-0.85	-0.76	-0.77	-0.8	-0.62	-0.34	-0.5	-0.75	-0.87	-0.14	0.46	-0.56	0.01	-0.95	-0.08	-0.32	0.04	0.83	0.18		-0.76	-0.42
Reconciled Depreciation	0.91	0.7	0.81	0.88	0.78	0.92	0.72	0.39	0.61	0.83	0.74	0.27	-0.39	0.68	0.02	0.77	0.0	0.6	-0.01	-0.47	-0.21	-0.76		0.73
Extraordinary Items	0.74	0.49	0.69	0.59	0.41	0.61	0.51	0.3	0.44	0.81	0.2	0.26	-0.22	0.66	0.06	0.41	-0.03	0.52	0.03	-0.12	-0.13	-0.42	0.73

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Planet Fitness Account Relationship Matchups

Planet Fitness income statement Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Depreciation And Amortization	45.5M	61.7M	52.6M	144.0M	149.4M	156.9M
Selling General Administrative	78.8M	68.6M	71.7M	80.3M	100.5M	64.5M
Total Revenue	688.8M	406.6M	587.0M	936.8M	1.1B	554.8M
Gross Profit	358.1M	186.6M	315.9M	474.0M	408.2M	267.8M
Other Operating Expenses	455.7M	346.9M	443.6M	706.7M	798.5M	409.4M
Operating Income	233.1M	59.8M	143.4M	230.1M	272.9M	145.8M
Ebit	233.1M	59.8M	143.4M	230.1M	272.9M	174.7M
Ebitda	278.6M	121.5M	196.0M	374.1M	422.3M	235.2M
Cost Of Revenue	330.7M	220.0M	271.2M	462.7M	663.2M	696.3M
Total Operating Expenses	125.0M	126.9M	172.5M	244.0M	135.3M	122.4M
Income Before Tax	173.2M	(14.5M)	52.0M	161.4M	207.5M	125.5M
Total Other Income Expense Net	(59.9M)	(74.3M)	(91.4M)	(68.6M)	(65.3M)	(62.1M)
Net Income	117.7M	(15.2M)	42.8M	99.4M	138.3M	145.2M
Income Tax Expense	37.8M	687K	5.7M	50.5M	58.5M	53.7M
Interest Expense	60.9M	82.1M	81.2M	88.6M	86.6M	56.8M
Net Income Applicable To Common Shares	117.7M	(15.0M)	42.8M	99.4M	114.3M	120.0M
Minority Interest	(1.3M)	(213K)	(3.3M)	(11.1M)	(9.9M)	(10.4M)
Net Income From Continuing Ops	135.4M	(15.2M)	46.1M	110.5M	146.6M	80.2M
Tax Provision	37.8M	687K	5.7M	50.5M	53.4M	51.4M
Interest Income	7.1M	2.9M	878K	5.0M	15.1M	10.9M
Non Operating Income Net Other	(1.5M)	946K	7.8M	(10.4M)	(9.4M)	(8.9M)
Net Interest Income	(53.8M)	(79.2M)	(80.3M)	(83.6M)	(71.8M)	(75.4M)
Reconciled Depreciation	44.6M	53.9M	62.8M	124.0M	143.8M	78.1M

Pair Trading with Planet Fitness

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Planet Fitness position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Planet Fitness will appreciate offsetting losses from the drop in the long position's value.

The ability to find closely correlated positions to Planet Fitness could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Planet Fitness when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Planet Fitness - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Planet Fitness to buy it.

The correlation of Planet Fitness is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Planet Fitness moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Planet Fitness moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.

Correlation analysis and pair trading evaluation for Planet Fitness can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.

Pair Correlation Correlation Matching

When determining whether Planet Fitness is a good investment, qualitative aspects like company management, corporate governance, and ethical practices play a significant role. A comparison with peer companies also provides context and helps to understand if Planet Stock is undervalued or overvalued. This multi-faceted approach, blending both quantitative and qualitative analysis, forms a solid foundation for making an informed investment decision about Planet Fitness Stock. Highlighted below are key reports to facilitate an investment decision about Planet Fitness Stock:

How To Invest In Planet

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Is Planet Stock a good investment?

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What is Planet Fitness' Net Worth?

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For more information on how to buy Planet Stock please use our How to Invest in Planet Fitness guide.

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Complementary 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.

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Is Planet Fitness' industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Planet Fitness. If investors know Planet will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Planet Fitness listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.

Quarterly Earnings Growth

0.45

Earnings Share

1.74

Revenue Per Share

12.795

Quarterly Revenue Growth

0.111

Return On Assets

0.0633

The market value of Planet Fitness is measured differently than its book value, which is the value of Planet that is recorded on the company's balance sheet. Investors also form their own opinion of Planet Fitness' value that differs from its market value or its book value, called intrinsic value, which is Planet Fitness' true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Planet Fitness' market value can be influenced by many factors that don't directly affect Planet Fitness' underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.

Please note, there is a significant difference between Planet Fitness' value and its price as these two are different measures arrived at by different means. Investors typically determine if Planet Fitness is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Planet Fitness' price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.

Macroaxis helps investors of all levels and skills to maximize the upside of all their holdings and minimize the risk associated with market volatility, economic swings, and company-specific events. View terms and conditions

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Planet Historical Income Statement

About Planet Income Statement Analysis

Planet Fitness Income Statement Chart

Total Revenue

Gross Profit

Total Operating Expenses

Planet Fitness income statement Correlations

Planet Fitness Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Planet Fitness income statement Accounts

Pair Trading with Planet Fitness

Complementary Tools for Planet Stock analysis

COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY

Tax Provision	+ 1.0	Income Tax Expense
Other Operating Expenses	+ 0.99	Total Revenue
Income Before Tax	+ 0.98	Ebit
Gross Profit	+ 0.97	Total Revenue
Non Operating Income Net Other	+ 0.97	Tax Provision
Operating Income	+ 0.96	Gross Profit

Net Interest Income	- 0.95	Interest Expense
Net Interest Income	- 0.87	Total Operating Expenses
Net Interest Income	- 0.85	Selling And Marketing Expenses
Interest Income	- 0.8	Interest Expense
Net Interest Income	- 0.8	Other Operating Expenses
Net Interest Income	- 0.79	Depreciation And Amortization