Cash flow Planet Fitness, Inc.

Equities

PLNT

US72703H1014

Leisure & Recreation

Market Closed - Nyse Other stock markets 04:00:02 2024-09-13 pm EDT			5-day change	1st Jan Change
82.39 ^USD	+0.10%		+1.02%	+12.86%

Sep. 05	Such a long wait
Sep. 05	Analyst recommendations: Booking Holdings, Humana, Dollar Tree, Lloyds Banking Group...

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Published financial data: PLANET FITNESS, INC.

Annual

Quarterly

Halfyear

YTD

LTM

Fiscal Period: December	2019	2020	2021	2022	2023
Revenues	639M	363M	535M	879M	1B
Total Revenues	639M	363M	535M	879M	1B
Cost of Goods Sold, Total	281M	159M	212M	397M	404M
Gross Profit	358M	205M	323M	482M	597M
Selling General & Admin Expenses, Total	78.82M	68.58M	94.54M	115M	160M
Depreciation & Amortization - (IS)	44.35M	53.83M	62.8M	124M	149M
Other Operating Expenses	193K	17.98M	7.26M	11.5M	1.37M
Other Operating Expenses, Total	123M	140M	165M	250M	310M
Operating Income	235M	64.17M	158M	232M	287M
Interest Expense, Total	-60.85M	-82.12M	-81.21M	-88.63M	-86.58M
Interest And Investment Income	7.05M	2.94M	2.28M	6.88M	19.81M
Net Interest Expenses	-53.8M	-79.18M	-78.93M	-81.75M	-66.77M
Income (Loss) On Equity Invest.	-	-	-179K	-467K	-1.99M
Other Non Operating Income (Expenses)	-6.11M	4.9M	-12.5M	13.11M	1.45M
EBT, Excl. Unusual Items	175M	-10.11M	66.74M	163M	220M
Merger & Related Restructuring Charges	-	-	-	-	-
Gain (Loss) On Sale Of Investments	-	-	-17.46M	2.51M	-2.73M
Gain (Loss) On Sale Of Assets	159K	-	-	2.65M	-
Asset Writedown	-	-	-	-	-
Insurance Settlements	-	-	2.5M	-	-
Legal Settlements	-	-5.81M	-	-9.74M	-6.25M
Other Unusual Items	-1.81M	1.4M	-	2.96M	-5.06M
EBT, Incl. Unusual Items	173M	-14.52M	51.78M	161M	206M
Income Tax Expense	37.76M	687K	5.66M	50.52M	58.51M
Earnings From Continuing Operations	135M	-15.2M	46.12M	110M	147M
Net Income to Company	135M	-15.2M	46.12M	110M	147M
Minority Interest	-17.72M	213K	-3.35M	-11.05M	-8.72M
Net Income - (IS)	118M	-14.99M	42.77M	99.4M	138M
Preferred Dividend and Other Adjustments	-	-	-	-	-
Net Income to Common Incl Extra Items	118M	-14.99M	42.77M	99.4M	138M
Net Income to Common Excl. Extra Items	118M	-14.99M	42.77M	99.4M	138M
Per Share Items
Net EPS - Basic	1.42	-0.19	0.51	1.18	1.63
Basic EPS - Continuing Operations	1.42	-0.19	0.51	1.18	1.63
Basic Weighted Average Shares Outstanding	82.98M	80.3M	83.3M	84.14M	84.9M
Net EPS - Diluted	1.41	-0.19	0.51	1.18	1.62
Diluted EPS - Continuing Operations	1.41	-0.19	0.51	1.18	1.62
Diluted Weighted Average Shares Outstanding	83.62M	80.3M	83.89M	84.54M	85.18M
Normalized Basic EPS	1.1	-0.08	0.46	1.08	1.51
Normalized Diluted EPS	1.09	-0.08	0.46	1.07	1.51
Payout Ratio	-	-	-	-	-
American Depositary Receipts Ratio (ADR)	0.12	0.12	0.12	0.12	0.12
Supplemental Items
EBITDA	279M	118M	221M	356M	436M
EBITA	251M	81.12M	175M	272M	338M
EBIT	235M	64.17M	158M	232M	287M
EBITDAR	308M	155M	262M	432M	523M
Total Revenues (As Reported)	689M	407M	587M	937M	1.07B
Effective Tax Rate - (Ratio)	21.81	-4.73	10.93	31.38	28.47
Current Domestic Taxes	15.64M	-6.68M	3.88M	842K	6.19M
Current Foreign Taxes	500K	156K	248K	1.06M	1.13M
Total Current Taxes	16.14M	-6.53M	4.13M	1.9M	7.32M
Deferred Domestic Taxes	21.94M	7.3M	1.33M	48.45M	51.15M
Deferred Foreign Taxes	-318K	-86K	199K	168K	43K
Total Deferred Taxes	21.62M	7.21M	1.53M	48.62M	51.19M
Normalized Net Income	91.55M	-6.1M	38.37M	90.57M	129M
Supplemental Operating Expense Items
Advertising Expense	-	-	-	-	42.16M
Selling and Marketing Expenses	-	-	-	-	42.16M
Net Rental Expense, Total	28.96M	36.58M	40.33M	76.65M	86.9M
Imputed Operating Lease Interest Expense	9.25M	12.54M	13.32M	24.97M	25.22M
Imputed Operating Lease Depreciation	19.71M	24.04M	27.01M	51.68M	61.69M
Stock-Based Comp., SG&A Exp. (Total)	4.4M	4.38M	8.48M	7.69M	7.91M
Stock-Based Comp., Other (Total)	421K	402K	322K	379K	-
Total Stock-Based Compensation	4.83M	4.79M	8.8M	8.07M	7.91M

Fiscal Period: December	2019	2020	2021	2022	2023
Assets
Cash And Equivalents	436M	439M	546M	410M	276M
Short Term Investments	-	-	-	-	74.9M
Total Cash And Short Term Investments	436M	439M	546M	410M	351M
Accounts Receivable, Total	42.27M	16.45M	27.26M	46.24M	41.89M
Other Receivables	10.17M	16M	14.97M	20.45M	14.39M
Notes Receivable	-	4.2M	-	-	-
Total Receivables	52.44M	36.65M	42.22M	66.69M	56.28M
Inventory	877K	473K	1.16M	5.27M	4.68M
Prepaid Expenses	8.02M	11.88M	12.87M	11.08M	13.84M
Restricted Cash	42.54M	76.32M	58.03M	62.66M	46.28M
Other Current Assets, Total	-	2.01M	2.22M	-	-
Total Current Assets	540M	567M	662M	556M	472M
Gross Property Plant And Equipment	375M	433M	516M	924M	1.09B
Accumulated Depreciation	-73.62M	-108M	-152M	-228M	-323M
Net Property Plant And Equipment	301M	325M	364M	696M	771M
Long-term Investments	-	-	18.76M	25.12M	128M
Goodwill	228M	228M	229M	703M	718M
Other Intangibles, Total	234M	217M	201M	417M	373M
Loans Receivable Long-Term	-	-	-	-	-
Deferred Tax Assets Long-Term	412M	511M	539M	455M	504M
Other Long-Term Assets, Total	1.9M	1.9M	2.02M	3.86M	3.87M
Total Assets	1.72B	1.85B	2.02B	2.85B	2.97B
Liabilities
Accounts Payable, Total	21.27M	19.39M	27.89M	20.58M	23.79M
Accrued Expenses, Total	31.62M	22.04M	51.71M	66.99M	66.3M
Current Portion of Long-Term Debt	17.5M	17.5M	17.5M	20.75M	20.75M
Current Portion of Leases	16.76M	19.54M	22.52M	33.23M	33.97M
Unearned Revenue Current, Total	30.6M	27.49M	34.39M	62.2M	64.1M
Other Current Liabilities	27.73M	5.94M	22.59M	40.77M	42.42M
Total Current Liabilities	145M	112M	177M	245M	251M
Long-Term Debt	1.69B	1.75B	1.74B	1.98B	1.96B
Long-Term Leases	153M	168M	198M	342M	382M
Unearned Revenue Non Current	34.46M	32.59M	33.43M	33.15M	32.05M
Deferred Tax Liability Non Current	1.12M	881K	-	1.47M	1.64M
Other Non Current Liabilities	403M	490M	511M	467M	459M
Total Liabilities	2.42B	2.56B	2.66B	3.07B	3.09B
Common Stock, Total	9K	9K	9K	9K	9K
Additional Paid In Capital	29.82M	45.67M	63.43M	505M	576M
Retained Earnings	-737M	-752M	-709M	-704M	-691M
Comprehensive Income and Other	303K	27K	12K	-448K	172K
Total Common Equity	-706M	-706M	-645M	-199M	-116M
Minority Interest	-1.3M	196K	2.51M	-12.55M	-3.34M
Total Equity	-708M	-706M	-643M	-212M	-119M
Total Liabilities And Equity	1.72B	1.85B	2.02B	2.85B	2.97B
Supplemental Items
ECS Total Shares Outstanding on Filing Date	78.56M	83.08M	84.33M	84.86M	87.02M
ECS Total Common Shares Outstanding	78.52M	82.82M	83.8M	83.43M	86.76M
Book Value / Share	-9	-8.52	-7.7	-2.39	-1.33
Tangible Book Value	-1.17B	-1.15B	-1.07B	-1.32B	-1.21B
Tangible Book Value Per Share	-14.88	-13.89	-12.83	-15.81	-13.9
Total Debt	1.88B	1.96B	1.98B	2.37B	2.4B
Net Debt	1.44B	1.52B	1.43B	1.96B	2B
Debt Equivalent Oper. Leases	232M	293M	323M	613M	695M
Minority Interest, Total (Incl. Fin. Div)	-1.3M	196K	2.51M	-12.55M	-3.34M
Account Code - Inventory Valuation	3	3	3	3	3
Land - (BS)	1.34M	1.34M	1.34M	1.34M	1.34M
Buildings, Total	8.59M	8.59M	8.59M	8.59M	2.57M
Machinery, Total	70.17M	81.52M	95.78M	199M	250M
Full Time Employees	1.74K	1.62K	1.77K	3.14K	3.8K
Assets under Capital Lease - Gross	-	-	-	-	-
Accumulated Allowance for Doubtful Accounts (Supple)	111K	7K	-	-	-

Fiscal Period: December	2019	2020	2021	2022	2023
Net Income	118M	-14.99M	42.77M	99.4M	138M
Depreciation & Amortization - CF	27.99M	36.94M	46.12M	83.73M	97.93M
Amortization of Goodwill and Intangible Assets - (CF)	16.6M	16.94M	16.75M	40.29M	51.48M
Depreciation & Amortization, Total	44.58M	53.89M	62.87M	124M	149M
Amortization of Deferred Charges, Total - (CF)	5.45M	6.41M	6.35M	5.51M	5.49M
(Gain) Loss From Sale Of Asset	-159K	-107K	-46K	-1.32M	-
(Gain) Loss on Sale of Investments - (CF)	-	-	-	-	-3.27M
Provision for Credit Losses	-	-	17.46M	-2.5M	2.73M
(Income) Loss On Equity Investments - (CF)	-	-	179K	467K	1.99M
Stock-Based Compensation (CF)	4.83M	4.78M	8.8M	8.07M	7.91M
Provision and Write-off of Bad Debts	87K	-74K	10K	-	-
Other Operating Activities, Total	47.12M	557K	15.19M	46.97M	55.6M
Change In Accounts Receivable	-895K	23.61M	-10.8M	-19.18M	4.76M
Change In Inventories	4.24M	404K	-681K	-4.11M	599K
Change In Accounts Payable	-6.27M	-10.94M	30.93M	-14.72M	-975K
Change in Unearned Revenues	6.55M	-5.05M	7.58M	11.86M	5K
Change In Income Taxes	6.23M	-4.46M	2.2M	-1.67M	2.18M
Change in Other Net Operating Assets	-25.16M	-22.89M	6.47M	-12.59M	-34.49M
Cash from Operations	204M	31.14M	189M	240M	330M
Capital Expenditure	-57.89M	-52.56M	-54.07M	-100M	-136M
Sale of Property, Plant, and Equipment	109K	282K	46K	60K	99K
Cash Acquisitions	-52.61M	-	-1.89M	-425M	-43.26M
Divestitures	-	-	-	20.82M	-
Sale (Purchase) of Intangible assets	-300K	-	-	-	-
Investment in Marketable and Equity Securities, Total	-	-	-35M	-2.45M	-161M
Cash from Investing	-111M	-52.28M	-90.92M	-507M	-340M
Long-Term Debt Issued, Total	550M	75M	-	975M	-
Total Debt Issued	550M	75M	-	975M	-
Long-Term Debt Repaid, Total	-12.09M	-17.66M	-17.68M	-725M	-20.94M
Total Debt Repaid	-12.09M	-17.66M	-17.68M	-725M	-20.94M
Issuance of Common Stock	2.86M	2.57M	8.19M	925K	9.16M
Repurchase of Common Stock	-458M	-	-	-94.32M	-125M
Common Dividends Paid	-	-	-	-	-
Common & Preferred Stock Dividends Paid	-	-	-	-	-
Special Dividend Paid	-	-	-	-	-
Other Financing Activities, Total	-18.26M	-2.06M	-750K	-20.8M	-4.6M
Cash from Financing	64.35M	57.85M	-10.25M	136M	-141M
Foreign Exchange Rate Adjustments	691K	295K	14K	-808K	776K
Net Change in Cash	159M	37M	88.14M	-131M	-150M
Supplemental Items
Cash Interest Paid	53.71M	75.63M	74.87M	80.96M	81.18M
Cash Income Tax Paid (Refund)	10M	-2.16M	1.85M	3.62M	5.26M
Levered Free Cash Flow	92.4M	-58.52M	145M	152M	183M
Unlevered Free Cash Flow	125M	-13.61M	189M	202M	231M
Change In Net Working Capital	12.95M	59.83M	-72.57M	-24.77M	-30.68M
Net Debt Issued / Repaid	538M	57.34M	-17.68M	250M	-20.94M

Fiscal Period: December	2019	2020	2021	2022	2023
Profitability
Return on Assets	9.56	2.25	5.12	5.95	6.16
Return on Total Capital	15	3.32	7.65	8.28	8.07
Return On Equity %	-24.83	2.15	-6.84	-25.86	-88.96
Return on Common Equity	-21.77	2.12	-6.33	-23.54	-87.91
Margin Analysis
Gross Profit Margin %	56.07	56.3	60.4	54.86	59.65
SG&A Margin	12.34	18.88	17.68	13.07	15.94
EBITDA Margin %	43.74	32.49	41.38	40.48	43.57
EBITA Margin %	39.35	22.33	32.75	30.95	33.79
EBIT Margin %	36.75	17.66	29.62	26.37	28.65
Income From Continuing Operations Margin %	21.2	-4.18	8.63	12.57	14.68
Net Income Margin %	18.43	-4.13	8	11.31	13.81
Net Avail. For Common Margin %	18.43	-4.13	8	11.31	13.81
Normalized Net Income Margin	14.33	-1.68	7.18	10.31	12.84
Levered Free Cash Flow Margin	14.47	-16.11	27.07	17.27	18.25
Unlevered Free Cash Flow Margin	19.57	-3.75	35.38	22.95	23.1
Asset Turnover
Asset Turnover