Planet Fitness, Inc.
PLNTPlanet Fitness, Inc.'s balance sheet is under water — net worth is negative, so it owes more than it owns. This is a distressed, high-risk situation — the equity can be wiped by dilution or restructuring before operations recover. Not a value setup.
The sharpest disagreement: annual EPS moved +31.0% against a −48.0% price move — the market has not yet caught up with the delivery.
The price is in a downtrend (20 weeks in) while the P/E sits at the 6th percentile of its own 4-year range. But the balance sheet is under water: net worth is negative, so shareholders sit behind everyone the company owes. What settles it: whether the business can earn its way back to positive equity before dilution or restructuring gets there first.
Price story Before the numbers, the tape. A stock price moves through four repeating seasons: a flat base (stage 1), an advance (2), a top (3), a decline (4). Where the price sits in that cycle frames everything below.
Planet Fitness, Inc. trades at $56.0, in a downtrend and 20 weeks into that stage. That is −29.2% against its own 200-day average. It sits at 15% of a 52-week range of $46 to $112. On relative strength it has been ahead of the S&P 500 on a trailing-13-week view for 1 straight week.
Today the stock is in a downtrend — week 20 of stage 4. At $56.0 it trades −29.2% versus its 200-day average and sits at 15% of its 52-week range ($46–$112).
Against the market, two honest reads. Cumulative: over the last 10.1 years the stock moved +181% while the S&P 500 moved +263% — behind the index over the full window. Recent form: on a trailing-13-week view the stock has been ahead for 1 straight week — the ribbon below is that same metric, week by week.
What would end the trend, mechanically: two Friday closes in a row below the 200-day line. That is the exit rule — no debates.
Valuation P/E is the price of $1 of annual profit: how many dollars the market pays for each dollar the company earns in a year.
Planet Fitness, Inc. trades at 20.2× P/E, near the bottom of its own range — cheaper only 6% of the time. Its long-run median P/E is 45.4×, measured across 4.3 years of weekly readings. This places the multiple against the stock’s own record, and says nothing about what the business is worth.
Today's P/E of 20.2× is near the bottom of its own range — cheaper only 6% of the time, against a long-run median of 45.4× measured over 4.3 years of weekly readings. This is a comparison against the stock's own history — not a claim about what it is worth.
One caveat before moving on: margins are the best this company has ever printed — cheap against its own history on record margins is not the same thing as cheap. If profitability mean-reverts, today's multiple is higher than it looks.
Why the multiple sits where it does: over the past year annual EPS moved +31.0% against a −48.0% price move — earnings outran the price, pushing the multiple DOWN its own range.
The price move, decomposed: over 3y, of the −3.1%/yr price move, ~+23.5%/yr came from earnings growth and ~−26.6 pp from the multiple (compressing). The split is the honest approximate (price return minus earnings growth); it makes the rally itself visible instead of hiding it behind the percentile.
Put together: the multiple is low against its own past, so the story rests on the earnings line underneath it, not the multiple.
Stage: Mixed Every business sits somewhere on a fundamental arc, and this page names the spot before anything else. The last twelve quarters of revenue, profit and EPS growth — plus the return the business earns on its capital — are read as curves: Deteriorating (the curves are falling), Turning around (a trough has just formed and the last few quarters lift off it), Improving (the climb off the trough is sustained), Consistent (steadily positive with healthy returns), Topping out (still high but decelerating from the peak). When the curves genuinely disagree the read is Mixed; too little history is No read. CAGR (compound annual growth rate) is the smooth yearly pace that turns the starting value into the latest one — the fairest way to compare growth across different time spans. Read the columns together: if the 1-year number towers over the 10-year, recent growth is running hotter than the long-run trend. A dash means that window is not held, or the base year was a loss (where a growth rate is not meaningful).
Planet Fitness, Inc. reads as mixed on its fundamental arc. Mixed — the growth curves are steadily positive, but no return curve is held to confirm the Consistent bar. The read is built from 12 quarters across 3 curves, on partial evidence.
Why it matters: when the curves disagree, the per-curve reads above matter more than any single verdict.
The return-on-capital curve is not shown — net worth is negative, so a return on capital is not a meaningful number in any basis. This is a distressed balance sheet, and the stage is read from the growth curves alone.
A partial read: at least one curve is short, or the returns curve is not the computed quarterly series — hold the stage word a little more loosely.
| 1yr | 3yr | 5yr | 10yr | |
|---|---|---|---|---|
| Revenue | +11.9% | +12.0% | — | — |
| Profit | +29.4% | +26.0% | — | — |
| EPS | +31.0% | +30.5% | — | — |
| Stock price | −48.0% | −3.1% | −5.8% | +10.5% |
4-Factor Sector Score
55.7/100 — rank 3 of 22 in Leisure · 81% evidence confidence
Planet Fitness, Inc. scores 55.7 out of 100 against the 22 companies it is compared with in Leisure, ranking 3. Balanced evidence: keep at normal research priority and require another comparable period before raising conviction.
The four contributions add to the total exactly: 22.4 + 15.8 + 12.5 + 5 = 55.7. This is the SAME number shown on the sector comparison — it is computed once, for the whole peer set, and read here.
What would change it: The read weakens if profit growth turns negative or margin improvement reverses while sector-relative strength deteriorates.
Revenue Revenue is the top line: everything the company billed its customers in the period.
Planet Fitness, Inc. reported $0.3 B of revenue in the Mar 26 quarter, +21.4% year on year. That is the 12th straight quarter of year-on-year growth. Over 4 years it has compounded at 22.3% a year. The last full year, FY25, came in at $1.3 B. The last four reported quarters add to $1.4 B.
FY25 revenue came in at $1.3 B (+11.9% on the year), capping 4 years at 22.3% compound. The latest quarter (Mar 26) printed $0.3 B, +21.4% year on year — the 12th consecutive quarter of year-over-year growth.
Pace check: the last four quarters averaged +15.1% growth against the decade's 22.3% — the current year is running slower than its own long-run rate.
Acceleration check: trailing-twelve-month revenue grew +14.9% over the last 4 quarters against +11.9%/yr over the last 8 — stabilising; TTM profit +27.8% vs +23.8%/yr — accelerating.
Operating margin Operating margin is what is left of every $100 of sales after running the business, before interest and tax. It is the cleanest read on pricing power and cost control.
Planet Fitness, Inc.'s operating margin is 29.4% in the Mar 26 quarter, +0.8 percentage points against the same quarter a year ago. That is the widest this company has ever printed on a full-year basis. Across 5 fiscal years the operating margin has ranged 23.7% to 29.5%. The current quarter sits inside that band.
The latest quarter's operating margin is 29.4%, +0.8 pp against the same quarter a year ago. Across 5 fiscal years the operating margin has ranged 23.7%–29.5%, and FY25's 29.5% is the top of that band — a record year.
Why the margin moved: operating margin went +0.8 pp year on year while gross margin went −1.9 pp — the gain came mostly from the gross line: input costs and pricing.
Worth repeating from the valuation section: cheap against its own history on record margins is not the same thing as cheap — a record margin flatters every ratio built on top of it.
Net profit Net profit is what survives every cost, interest and tax — the number EPS, dividends and book value all grow from.
Planet Fitness, Inc. earned $0.1 B of net profit in the Mar 26 quarter, +25.0% year on year. It is the 6th consecutive quarter of growth. Full-year FY25 profit was $0.2 B. The 4-year compound rate is 44.8%. That is 14.7% of the quarter's revenue. The same quarter a year earlier earned $0.0 B.
Mar 26 profit was $0.1 B, +25.0% year on year — the 6th consecutive quarter of growth. On the full year, FY25 printed $0.2 B (+29.4%), and the 4-year compound rate is 44.8%.
Why profit moved: revenue contributed +21.4% and the margin +0.8 pp — the quarter was revenue-led, with the margin roughly flat.
Pace comparison, last four quarters: profit +28.8% vs revenue +15.1%. Profit is growing faster than sales — fixed costs are being spread over a bigger base, and each extra dollar of revenue drops more to the bottom line.
Cash flow — the router The P&L says what was earned; the cash-flow statement says what actually arrived. Operating cash flow (CFO) against profit is the cleanest lie detector in the accounts.
Over the last 3 fiscal years 202% of Planet Fitness, Inc.'s reported profit arrived as operating cash — the cash follows the profit. In FY25 that was $0.4 B of operating cash against $0.2 B of profit. After $0.2 B of capital spending, $0.3 B was left as free cash.
FY25: operating cash of $0.4 B against reported profit of $0.2 B, leaving free cash of $0.3 B after $0.2 B of capital spending. Across the last 3 fiscal years the conversion rate is 202% of profit.
Cash-flow readings here are annual — that is the resolution our series carries, so this section moves once a year.
Why: conversion is measured cleanly, but the working-capital day-counts behind it sit below what we hold — the move is shown without inventing its driver.
Router verdict: the visible cash user is investment — the next section checks what the spending is buying.
Where the cash goes Working capital is the cash tied up between paying suppliers and getting paid: debtor days (customers owe), inventory days (stock waits), and the cash conversion cycle (the whole loop, in days of sales).
Planet Fitness, Inc. does not report the debtor, inventory and payable day-counts a cash cycle is built from, so this section reads the investment side instead. Capital spending ran $0.0 B over the last 3 years. Averaged over those years that is 0.0% of FY25 revenue a year.
Working-capital day-counts are not in our numbers for this stock, so this section reads the investment side — where the cash is being put to work.
On the investment side: capital spending of $0.0 B over the last 3 fiscal years.
The synthesis: the cash is going into capacity, not disappearing into the cycle — the question becomes whether the new capacity earns.
Return on equity Return on equity (ROE) is the profit the business earns on its shareholders’ money. With the full capital-employed split not in our numbers, ROE is the cleanest long ladder we can draw here.
Planet Fitness, Inc. earns a ROE of −46% in FY25. That is up from a trough of −125% in FY23. Return on invested capital clears the cost of that capital by +3.7 percentage points, so growth here adds value rather than only size. The wiring behind it is 16.7% net margin on 0.43× asset turns.
FY25 ROE is −46%, recovered from a FY23 trough of −125% — the full ladder below shows the fall and the climb, undoctored.
Why the return is what it is — the wiring (FY25): 16.7% net margin × 0.43× asset turns × −6.46× balance-sheet leverage ≈ −46.4% on equity. Margin is doing the heavy lifting; leverage is modest — this is an earned return, not a borrowed one.
The capstone test — ROIC − WACC: 10.8% − 7.1% = a +3.7 pp spread. The 7.1% is an estimate of this company's own cost of capital — read the sign and the size of the spread, not the decimals. Positive but thin — value creation with little room for error.
Dividend
Planet Fitness, Inc. pays no dividend. Across the last 12 reported quarters it has declared no dividend per share, so there is no payout history to chart and no yield to quote. Companies at this stage typically reinvest earnings rather than distribute them, which makes the cash-flow and reinvestment sections the place that cash shows up.
Planet Fitness, Inc. does not currently pay a dividend. Across the last 12 reported quarters the company has declared no dividend per share, so there is no payout history to chart and no yield to quote. Companies at this stage typically reinvest earnings instead of distributing them.
Debt Debt-to-equity says how much of the business is funded by borrowings. Low is the safe corner; the trend matters as much as the level.
Planet Fitness, Inc.'s net worth is negative — it owes more than it owns — so a debt-to-equity ratio is not meaningful here. On the annual view that ratio went from −3.06 in FY21 to −6.04 in FY25. The returns elsewhere on this page are therefore earned rather than borrowed.
Mar 26: total debt of $2.9 B against shareholder equity of $−0.5 B — a debt-to-equity of −6.02. On the annual view, debt-to-equity went from −3.06 (FY21) to −6.04 (FY25). The returns on this page are earned, not borrowed.
Ownership There is no quarter-by-quarter holder register to read here, so we read the crowd through short interest — the slice of tradable shares currently sold short, positioned for a fall.
12.6% of Planet Fitness, Inc.'s tradable float is currently sold short — a large bloc is positioned against it. At typical trading volumes those positions would take about 5.3 days to buy back. There is no quarter-by-quarter holder register to read for this filer, so the crowd is read through short interest instead.
The latest reading: 12.6% of the float is sold short, and at typical trading volumes it would take about 5.3 days to buy those positions back. A large bloc is positioned against it. This is a single point-in-time reading — we do not yet hold its history, so we show no trend chart.
Why it sits there: who is doing the shorting, and why, does not travel with the number — the level is shown without inventing its story.
Safety line The Z-score estimates how far a company sits from balance-sheet distress — above roughly 3 is safe, below roughly 1.8 is the danger zone. It was built for manufacturers, so it is not applied to banks and lenders.
Planet Fitness, Inc.: the Z-score reads 1.88. A Z-score above roughly 3 reads as safe and below roughly 1.8 as the distress zone, so this sits in the grey band between the two. It is a distance-to-distress estimate from the balance sheet, not a forecast of failure.
Why it matters: a Z-score of 1.88 sits in the grey band — neither clearly safe nor clearly distressed.
The safety line in one sentence: the Z-score reads 1.88.
| Company | Score | Price stage | Growth & earnings/35 | Capital efficiency/25 | Valuation/20 | Relative strength/20 |
|---|---|---|---|---|---|---|
| 1Life Time Group Holdings, Inc.LTH | 60.8/100Thin evidence · provisional58% evidence | LEADER | 18.2/35 Revenue — · PAT — · OPM change 1.9 pp 45% evidence | 12.4/25 ROCE 2% · OPM 17.1% 76% evidence | 10.2/20 P/E 22.3× · PEG — 15% evidence | 20.0/20 RS sector 35.3% · RS bench 34% · 1Y 65.8%11 of 12 weeks ahead 100% evidence |
| Exact sum: 18.2 + 12.4 + 10.2 + 20 = 60.8 · Decision use: Fill the missing evidence before acting; the ranking is deliberately pulled toward neutral. | ||||||
| 2Escalade, IncorporatedESCA | 60.1/100Mixed-positive evidence75% evidence | TURNING | 18.9/35 Revenue -3.6% · PAT 6.7% · OPM change 3.9 pp 83% evidence | 13.4/25 ROCE 3.1% · OPM 10.5% 76% evidence | 11.7/20 P/E 15.3× · PEG 1.07 65% evidence | 16.1/20 RS sector 29.6% · RS bench 28.5% · 1Y 86.4%5 of 12 weeks ahead 70% evidence |
| Exact sum: 18.9 + 13.4 + 11.7 + 16.1 = 60.1 · Decision use: Balanced evidence: keep at normal research priority and require another comparable period before raising conviction. | ||||||
| 3Planet Fitness, Inc.this pagePLNT | 55.7/100Mixed-positive evidence81% evidence | TURNING | 22.4/35 Revenue 14.4% · PAT 27.1% · OPM change 0.7 pp 83% evidence | 15.8/25 ROCE 3.5% · OPM 29.3% 76% evidence | 12.5/20 P/E 26.9× · PEG 0.88 65% evidence | 5.0/20 RS sector -39.5% · RS bench -40.3% · 1Y -47.5%1 of 12 weeks ahead 100% evidence |
| Exact sum: 22.4 + 15.8 + 12.5 + 5 = 55.7 · Decision use: Balanced evidence: keep at normal research priority and require another comparable period before raising conviction. | ||||||
| 4Hasbro, Inc.HAS | 55.2/100Thin evidence · provisional58% evidence | ASLEEP | 23.2/35 Revenue — · PAT — · OPM change 7.8 pp 45% evidence | 15.9/25 ROCE 6.1% · OPM 27% 76% evidence | 11.2/20 P/E 15.1× · PEG — 15% evidence | 4.9/20 RS sector -3.2% · RS bench -4.2% · 1Y 18.1%0 of 12 weeks ahead 100% evidence |
| Exact sum: 23.2 + 15.9 + 11.2 + 4.9 = 55.2 · Decision use: Fill the missing evidence before acting; the ranking is deliberately pulled toward neutral. | ||||||
| 5Acushnet Holdings Corp.GOLF | 54.9/100Mixed-positive evidence81% evidence | BREAKING OUT | 14.0/35 Revenue 6.3% · PAT -21.8% · OPM change -0.3 pp 83% evidence | 15.4/25 ROCE 6% · OPM 16% 76% evidence | 12.2/20 P/E 32.9× · PEG 0.88 65% evidence | 13.3/20 RS sector 2.2% · RS bench 1.2% · 1Y 36.1%5 of 12 weeks ahead 100% evidence |
| Exact sum: 14 + 15.4 + 12.2 + 13.3 = 54.9 · Decision use: Price leads the evidence: RS versus the benchmark is 1.2%, but earnings trajectory is weak. Wait for revenue and profit confirmation. | ||||||
| 6Amer Sports, Inc.AS | 54.4/100Mixed-positive evidence71% evidence | BASING | 25.3/35 Revenue 28.8% · PAT 100% · OPM change 2 pp 83% evidence | 13.3/25 ROCE 4.3% · OPM 16.5% 76% evidence | 9.3/20 P/E 41.1× · PEG — 15% evidence | 6.5/20 RS sector -7.5% · RS bench -8.6% · 1Y -2.6%0 of 12 weeks ahead 100% evidence |
| Exact sum: 25.3 + 13.3 + 9.3 + 6.5 = 54.4 · Decision use: Acceleration candidate, not a confirmed leader: earnings are strong but sector-relative strength is -7.5% and the one-year return is -2.6%. Do not upgrade until sector-relative strength is above zero and another reported period confirms growth. | ||||||
| 7OneSpaWorld Holdings LimitedOSW | 52.6/100Thin evidence · provisional58% evidence | TURNING | 17.1/35 Revenue — · PAT — · OPM change 1.5 pp 45% evidence | 12.1/25 ROCE 3.7% · OPM 9.2% 76% evidence | 9.5/20 P/E 35.7× · PEG — 15% evidence | 13.9/20 RS sector 6.1% · RS bench 5% · 1Y 24.6%6 of 12 weeks ahead 100% evidence |
| Exact sum: 17.1 + 12.1 + 9.5 + 13.9 = 52.6 · Decision use: Fill the missing evidence before acting; the ranking is deliberately pulled toward neutral. | ||||||
| 8Callaway Golf CompanyCALY | 52.4/100Mixed-positive evidence71% evidence | BREAKING OUT | 16.7/35 Revenue -2.2% · PAT -88.7% · OPM change 3.7 pp 83% evidence | 13.4/25 ROCE 3% · OPM 20.1% 76% evidence | 8.7/20 P/E 99.1× · PEG — 15% evidence | 13.6/20 RS sector 31.9% · RS bench 30.9% · 1Y 127.6%9 of 12 weeks ahead 100% evidence |
| Exact sum: 16.7 + 13.4 + 8.7 + 13.6 = 52.4 · Decision use: Price leads the evidence: RS versus the benchmark is 30.9%, but earnings trajectory is weak. Wait for revenue and profit confirmation. | ||||||
| 9Peloton Interactive, Inc.PTON | 51.4/100Mixed-positive evidence64% evidence | BREAKING OUT | 20.9/35 Revenue -3.2% · PAT — · OPM change 13.5 pp 62% evidence | 10.8/25 ROCE 3.9% · OPM 8.3% 76% evidence | 9.0/20 P/E 85.8× · PEG — 15% evidence | 10.7/20 RS sector -2.6% · RS bench -3.8% · 1Y -15.7%12 of 12 weeks ahead 100% evidence |
| Exact sum: 20.9 + 10.8 + 9 + 10.7 = 51.4 · Decision use: Balanced evidence: keep at normal research priority and require another comparable period before raising conviction. | ||||||
| 10Funko, Inc.FNKO | 50.8/100Thin evidence · provisional58% evidence | FADING | 19.3/35 Revenue -10.5% · PAT — · OPM change 7.4 pp 62% evidence | 5.3/25 ROCE -2.5% · OPM -4.8% 76% evidence | 10.5/20 P/E 20.6× · PEG — 15% evidence | 15.7/20 RS sector 28.5% · RS bench 27.5% · 1Y 134.1%8 of 12 weeks ahead 70% evidence |
| Exact sum: 19.3 + 5.3 + 10.5 + 15.7 = 50.8 · Decision use: Fill the missing evidence before acting; the ranking is deliberately pulled toward neutral. | ||||||
| 11YETI Holdings, Inc.YETI | 49.8/100Thin evidence · provisional58% evidence | BREAKING OUT | 12.0/35 Revenue — · PAT — · OPM change -10.6 pp 45% evidence | 11.0/25 ROCE 1.3% · OPM 3.3% 76% evidence | 10.7/20 P/E 18.6× · PEG — 15% evidence | 16.1/20 RS sector 11.7% · RS bench 10.8% · 1Y 58.5%10 of 12 weeks ahead 100% evidence |
| Exact sum: 12 + 11 + 10.7 + 16.1 = 49.8 · Decision use: Fill the missing evidence before acting; the ranking is deliberately pulled toward neutral. | ||||||
| 12Xponential Fitness, Inc.XPOF | 47.8/100Thin evidence · provisional55% evidence | TURNING | 18.8/35 Revenue -6% · PAT — · OPM change 8.9 pp 62% evidence | 13.4/25 ROCE 5.1% · OPM 21.5% 76% evidence | 10.0/20 P/E — · PEG — 0% evidence | 5.6/20 RS sector -14% · RS bench -15.2% · 1Y -5.8%4 of 12 weeks ahead 70% evidence |
| Exact sum: 18.8 + 13.4 + 10 + 5.6 = 47.8 · Decision use: Fill the missing evidence before acting; the ranking is deliberately pulled toward neutral. | ||||||
| 13Johnson Outdoors Inc.JOUT | 45.8/100Thin evidence · provisional52% evidence | ASLEEP | 17.7/35 Revenue — · PAT — · OPM change 1.2 pp 45% evidence | 10.0/25 ROCE 2% · OPM 5.3% 76% evidence | 8.8/20 P/E 98.1× · PEG — 15% evidence | 9.3/20 RS sector -1.5% · RS bench -2.5% · 1Y 29.2%0 of 12 weeks ahead 70% evidence |
| Exact sum: 17.7 + 10 + 8.8 + 9.3 = 45.8 · Decision use: Fill the missing evidence before acting; the ranking is deliberately pulled toward neutral. | ||||||
| 14American Outdoor Brands, Inc.AOUT | 45.0/100Mixed-negative evidence61% evidence | BREAKING OUT | 11.7/35 Revenue -14.3% · PAT — · OPM change 0.7 pp 71% evidence | 7.2/25 ROCE -0.2% · OPM -0.8% 76% evidence | 10.8/20 P/E 18.1× · PEG — 15% evidence | 15.3/20 RS sector 23.8% · RS bench 22.4% · 1Y 36.7%9 of 12 weeks ahead 70% evidence |
| Exact sum: 11.7 + 7.2 + 10.8 + 15.3 = 45 · Decision use: Price leads the evidence: RS versus the benchmark is 22.4%, but earnings trajectory is weak. Wait for revenue and profit confirmation. | ||||||
| 15JAKKS Pacific, Inc.JAKK | 44.9/100Mixed-negative evidence68% evidence | TURNING | 9.5/35 Revenue -21.1% · PAT -80.4% · OPM change -1.9 pp 62% evidence | 5.8/25 ROCE -2% · OPM -5.2% 76% evidence | 14.8/20 P/E 28.5× · PEG 0.21 65% evidence | 14.8/20 RS sector 18.6% · RS bench 17.5% · 1Y 58.5%4 of 12 weeks ahead 70% evidence |
| Exact sum: 9.5 + 5.8 + 14.8 + 14.8 = 44.9 · Decision use: Price leads the evidence: RS versus the benchmark is 17.5%, but earnings trajectory is weak. Wait for revenue and profit confirmation. | ||||||
| 16Mattel, Inc.MAT | 41.5/100Mixed-negative evidence74% evidence | BASING | 12.7/35 Revenue -0.3% · PAT -4.8% · OPM change -5.5 pp 62% evidence | 7.5/25 ROCE -2% · OPM -11.9% 76% evidence | 15.7/20 P/E 9.2× · PEG 0.36 65% evidence | 5.6/20 RS sector -21.7% · RS bench -22.4% · 1Y -13.3%0 of 12 weeks ahead 100% evidence |
| Exact sum: 12.7 + 7.5 + 15.7 + 5.6 = 41.5 · Decision use: Cheap but unconfirmed: require improving earnings before treating the valuation as an opportunity. | ||||||
| 17United Parks & Resorts Inc.PRKS | 41.2/100Mixed-negative evidence74% evidence | BREAKING OUT | 10.7/35 Revenue -3.6% · PAT -32.7% · OPM change -9 pp 62% evidence | 8.6/25 ROCE -0.4% · OPM -3.1% 76% evidence | 7.9/20 P/E 12.3× · PEG 2.24 65% evidence | 14.0/20 RS sector 1.9% · RS bench 0.5% · 1Y -5.1%11 of 12 weeks ahead 100% evidence |
| Exact sum: 10.7 + 8.6 + 7.9 + 14 = 41.2 · Decision use: Price leads the evidence: RS versus the benchmark is 0.5%, but earnings trajectory is weak. Wait for revenue and profit confirmation. | ||||||
| 18Playboy, Inc.PLBY | 40.2/100Thin evidence · provisional55% evidence | BASING | 21.0/35 Revenue 5.2% · PAT — · OPM change 16.3 pp 62% evidence | 5.3/25 ROCE -0.7% · OPM -5.4% 76% evidence | 10.0/20 P/E — · PEG — 0% evidence | 3.9/20 RS sector -31.1% · RS bench -31.8% · 1Y -29.1%0 of 12 weeks ahead 70% evidence |
| Exact sum: 21 + 5.3 + 10 + 3.9 = 40.2 · Decision use: Fill the missing evidence before acting; the ranking is deliberately pulled toward neutral. | ||||||
| 19Six Flags Entertainment CorporationFUN | 39.3/100Mixed-negative evidence64% evidence | ASLEEP | 23.0/35 Revenue 11.2% · PAT — · OPM change 20.5 pp 62% evidence | 3.7/25 ROCE -4.3% · OPM -138.4% 76% evidence | 8.5/20 P/E 112.2× · PEG — 15% evidence | 4.1/20 RS sector -14.2% · RS bench -15.3% · 1Y -23.7%6 of 12 weeks ahead 100% evidence |
| Exact sum: 23 + 3.7 + 8.5 + 4.1 = 39.3 · Decision use: Acceleration candidate, not a confirmed leader: earnings are strong but sector-relative strength is -14.2% and the one-year return is -23.7%. Do not upgrade until sector-relative strength is above zero and another reported period confirms growth. | ||||||
| 20Lucky Strike Entertainment CorporationLUCK | 37.2/100Mixed-negative evidence65% evidence | BASING | 11.9/35 Revenue 4.9% · PAT -4350% · OPM change 0.9 pp 83% evidence | 11.8/25 ROCE 2.2% · OPM 19.2% 76% evidence | 9.2/20 P/E 49.6× · PEG — 15% evidence | 4.3/20 RS sector -27.1% · RS bench -28% · 1Y -28.1%0 of 12 weeks ahead 70% evidence |
| Exact sum: 11.9 + 11.8 + 9.2 + 4.3 = 37.2 · Decision use: Balanced evidence: keep at normal research priority and require another comparable period before raising conviction. | ||||||
| 21Tron Inc.TRON | 36.4/100Mixed-negative evidence61% evidence | BASING | 19.7/35 Revenue -20% · PAT — · OPM change 9 pp 62% evidence | 5.6/25 ROCE -0.5% · OPM -50.4% 76% evidence | 10.0/20 P/E — · PEG — 0% evidence | 1.1/20 RS sector -37.8% · RS bench -39.1% · 1Y -78.8%3 of 12 weeks ahead 100% evidence |
| Exact sum: 19.7 + 5.6 + 10 + 1.1 = 36.4 · Decision use: Balanced evidence: keep at normal research priority and require another comparable period before raising conviction. | ||||||
| 22Clarus CorporationCLAR | 35.2/100Thin evidence · provisional58% evidence | BREAKING OUT | 14.1/35 Revenue -1.2% · PAT — · OPM change 1.4 pp 62% evidence | 4.3/25 ROCE -2.6% · OPM -9.8% 76% evidence | 10.3/20 P/E 20.7× · PEG — 15% evidence | 6.5/20 RS sector -7.4% · RS bench -8.4% · 1Y -2.9%5 of 12 weeks ahead 70% evidence |
| Exact sum: 14.1 + 4.3 + 10.3 + 6.5 = 35.2 · Decision use: Fill the missing evidence before acting; the ranking is deliberately pulled toward neutral. | ||||||
Missing observations are not scored as bad. Their missing weight lowers confidence and pulls the final score toward neutral. PEG is not shown when the ratio cannot mean anything: the company must be making a profit, its price-to-earnings must be positive, and its three-year earnings growth must fall between 5% and 60%. Dividing a price multiple by a loss, or by growth measured off a tiny base, produces a number that looks precise and tells you nothing. Under relative strength, one mark per week shows the last 12 weeks: a mark is filled where the company led S&P 500 by 5% or more over the 13 weeks ending that week, which is the same test used everywhere on this site. Price stage places the company on the same six-step curve the sector itself is placed on — basing, turning, breaking out, leader, fading, asleep — read from how many weeks running it has led S&P 500 and whether that lead is widening or shrinking. It describes where the PRICE stands, not the earnings trajectory and not a recommendation, and it is left blank for a company whose weekly history is too short or too stale to read.
Frequently asked questions
What is Planet Fitness, Inc.'s stock price today?
Planet Fitness, Inc. trades at $56.0, −48.0% over the past year. The company is valued at $4.0 B. The stock sits at 15% of its 52-week range of $46–$112, −29.2% versus its 200-day average. On the tape, the price is in a downtrend, 20 weeks in. — as of 5 August 2026.
What were Planet Fitness, Inc.'s latest quarterly results?
Planet Fitness, Inc. reported revenue of $0.3 B and net profit of $0.1 B for the Mar 26 quarter. Revenue rose 21.4% and profit rose 25.0% year on year. Earnings per share were $0.65. The operating margin was 29.4%, 0.8 pp higher than a year earlier. — as of 5 August 2026.
What is Planet Fitness, Inc.'s revenue?
Planet Fitness, Inc. reported revenue of $0.3 B in the Mar 26 quarter, +21.4% year on year. For the full FY25 fiscal year, revenue was $1.3 B (+11.9%). Over the last 4 years revenue compounded at 22.3% a year. — as of 5 August 2026.
What is Planet Fitness, Inc.'s profit?
Planet Fitness, Inc. earned $0.1 B of net profit in the Mar 26 quarter, +25.0% year on year — the 6th straight quarter of growth. Full-year FY25 profit was $0.2 B. The operating margin ran 29.4% in the latest quarter. — as of 5 August 2026.
What is Planet Fitness, Inc.'s market cap?
Planet Fitness, Inc.'s market capitalisation is $4.0 B at a stock price of $56.0. Market cap is the share price multiplied by shares outstanding, so it is restated whenever the price moves. — as of 5 August 2026.
What is Planet Fitness, Inc.'s P/E ratio?
Planet Fitness, Inc. trades at a P/E of 20.2×, at the 6th percentile of its own 4-year range, against a long-run median of 45.4×. This is a comparison with the stock's own history, not a value call — as of 5 August 2026.
Does Planet Fitness, Inc. pay a dividend?
No — Planet Fitness, Inc. has declared no dividend per share in any of its last 12 reported quarters, so there is no payout history and no yield to quote. That is a reading of the filed statements, not an estimate. — as of 5 August 2026.
Is Planet Fitness, Inc. overvalued?
On its own history, Planet Fitness, Inc. looks cheap against its own history: its P/E of 20.2× has been cheaper only 6% of the time in 4 years (long-run median 45.4×). That is a percentile read against the stock's own past, not a price opinion or a direction call. One caveat: margins are the best this company has ever printed — cheap on record margins is not the same thing as cheap. — as of 5 August 2026.
Is Planet Fitness, Inc. growing?
Yes — Planet Fitness, Inc. is growing: latest-quarter revenue +21.4% year on year, profit +25.0%, and the margin +0.8 pp at 29.4%. The 4-year compound rates are 22.3% (revenue) and 44.8% (profit). The earnings engine currently reads: improving — as of 5 August 2026.
How is Planet Fitness, Inc. performing?
Planet Fitness, Inc. is in a downtrend, 20 weeks in. Its latest quarter's revenue rose 21.4% and profit rose 25.0% year on year. Against the S&P 500 it has been ahead on a trailing-13-week view for 1 week. This describes what the data did, not a rating. — as of 5 August 2026.
What stage is Planet Fitness, Inc. in?
Mixed — the growth curves are steadily positive, but no return curve is held to confirm the Consistent bar. The read comes from the last 12 quarters of growth (revenue growth +14.9% latest, profit growth +27.8% latest, eps growth +30.7% latest) plus the ROCE curve, classified by deterministic rules — a trajectory read, not a buy or sell call — as of 5 August 2026.
Is Planet Fitness, Inc. in an uptrend?
No — the price is in a downtrend (week 20 of stage 4), trading −29.2% versus its 200-day average and at 15% of its 52-week range. Price stages cycle base → advance → top → decline, and the stage names where this stock sits in that cycle — as of 5 August 2026.
Is Planet Fitness, Inc. beating the market?
On recent form, yes — Planet Fitness, Inc. has been ahead of the S&P 500 on a trailing-13-week view for 1 straight week, the same metric the week-by-week ribbon on this page draws. Separately, on the cumulative view: over the last 10.1 years the stock moved +181% against the S&P 500's +263% — behind the index over the full window. — as of 5 August 2026.
Will Planet Fitness, Inc.'s stock price go up?
This page publishes no price forecast for Planet Fitness, Inc. What it measures instead: the stock price is $56.0, the price is in a downtrend 20 weeks in. Its P/E of 20.2× sits at the 6th percentile of its own 4-year range. — as of 5 August 2026.
Is the market betting against Planet Fitness, Inc.?
Yes — short interest is 12.6% of Planet Fitness, Inc.'s tradable float, about 5.3 days to cover at typical volumes. A crowded short: a large bloc is positioned against it. With no quarter-by-quarter holder register here, short interest is the cleanest crowd read we hold — as of 5 August 2026.
What is Planet Fitness, Inc.'s capex?
Planet Fitness, Inc. spent $0.0 B on capital expenditure over the last 3 fiscal years, a figure derived from the change in fixed assets plus depreciation. In FY25 alone that was $0.2 B. — as of 5 August 2026.
What is Planet Fitness, Inc.'s cash flow?
Planet Fitness, Inc. generated $0.4 B of operating cash flow in FY25 and $0.3 B of free cash flow after $0.2 B of capital spending. Reported profit that year was $0.2 B, so operating cash ran ahead of profit. — as of 5 August 2026.
Is Planet Fitness, Inc.'s profit real cash?
Yes — over the last 3 fiscal years, 202% of Planet Fitness, Inc.'s reported profit arrived as operating cash. In FY25, operating cash was $0.4 B against reported profit of $0.2 B. The cash then goes mostly into building capacity. Cash-flow resolution is annual — as of 5 August 2026.
How financially safe is Planet Fitness, Inc.?
On the balance sheet, the Z-score reads 1.88 — above roughly 3 is safe, below roughly 1.8 is the distress zone. That is in the grey band — neither clearly safe nor clearly distressed. — as of 5 August 2026.
Where is Planet Fitness, Inc. in its business cycle?
Planet Fitness, Inc.'s FY25 operating margin was 29.5%, against a 5-year band of 23.7%–29.5%: the top of the band — a record year. Record profitability is late-cycle territory: every ratio flatters at the top, and the story leans on margins holding. The latest quarter ran 29.4%. Profitability versus a company's own long band is the cleanest cycle clock this page holds — as of 5 August 2026.
What could break the Planet Fitness, Inc. story?
The sharpest disagreement: annual EPS moved +31.0% against a −48.0% price move — the market has not yet caught up with the delivery. Mechanically, two Friday closes in a row below the 200-day average would end the price trend — that is the exit rule this page tracks — as of 5 August 2026.
Is Planet Fitness, Inc. a stock worth studying right now?
This is not investment advice. The machine read: Planet Fitness, Inc.'s balance sheet is under water — net worth is negative, so it owes more than it owns. This is a distressed, high-risk situation — the equity can be wiped by dilution or restructuring before operations recover. Not a value setup. The sharpest open question: whether the business can earn its way back to positive equity before dilution or restructuring gets there first. Every number on this page is drawn deterministically from the raw series, with no forecasts and no price opinions — as of 5 August 2026.