Financials Planet Fitness, Inc.

Equities

PLNT

US72703H1014

Leisure & Recreation

Real-time Estimate Cboe BZX Other stock markets 12:29:32 2024-12-10 EST			5-day change	1st Jan Change
101.02 ^USD	+2.38%		+1.35%	+37.99%

12-09	Planet Fitness Insider Sold Shares Worth $464,773, According to a Recent SEC Filing	MT
11-29	DA Davidson Raises Price Target on Planet Fitness to $87 From $70, Maintains Neutral Rating	MT

Projected Income Statement: Planet Fitness, Inc.

income-statement-evolution-chart PLANET-FITNESS-INC

Fiscal Period: December	2019	2020	2021	2022	2023	2024	2025	2026
Net sales ¹	688.8	406.6	587	936.8	1,071	1,164	1,274	1,401
Change	-	-40.97%	44.37%	59.58%	14.36%	8.65%	9.42%	10.02%
EBITDA ¹	282.2	120.4	224.4	365.8	435.4	475.8	539.8	616.2
Change	-	-57.35%	86.48%	63%	19.01%	9.29%	13.44%	14.16%
EBIT ¹	237.8	66.53	161.6	241.8	286	308.7	359.1	416.3
Change	-	-72.03%	142.97%	49.6%	18.26%	7.94%	16.33%	15.94%
Interest Paid ¹	-53.8	-82.12	-81.21	-88.63	-86.58	-74.99	-78.56	-79
Earnings before Tax (EBT) ¹	173.2	-14.52	51.96	161.4	207.5	233.5	276.1	327.2
Change	-	-	-	210.7%	28.56%	12.49%	18.25%	18.51%
Net income ¹	117.7	-14.99	42.77	99.4	138.3	164.7	195.8	211.4
Change	-	-	-	132.39%	39.15%	19.06%	18.89%	7.95%
Announcement Date	2/25/20	2/18/21	2/24/22	2/23/23	2/22/24	-	-	-

¹USD in Million

Estimates

Fiscal Period: December	2019 Q4	2020 Q1	2020 Q2	2020 Q3	2020 Q4	2021 Q1	2021 Q2	2021 Q3	2021 Q4	2022 Q1	2022 Q2	2022 Q3	2022 Q4	2023 Q1	2023 Q2	2023 Q3	2023 Q4	2024 Q1	2024 Q2	2024 Q3	2024 Q4	2025 Q1	2025 Q2	2025 Q3	2025 Q4	2026 Q1	2026 Q2	2026 Q3
Net sales ¹	191.5	127.2	40.23	105.4	133.8	111.9	137.3	154.3	183.6	186.7	224.4	244.4	281.3	222.2	286.5	277.6	285.1	248	300.9	292.2	323.8	284.7	324.6	317.4	342.2	310.3	354.6	340.8
Change	-	-33.56%	-68.38%	161.93%	26.94%	-16.37%	22.68%	12.39%	19.05%	1.65%	20.23%	8.89%	15.09%	-20.99%	28.91%	-3.11%	2.71%	-13%	21.34%	-2.89%	10.79%	-12.06%	14%	-2.23%	7.84%	-9.34%	14.28%	-3.87%
EBITDA ¹	76.59	46.53	-9.266	31.98	51.11	43.71	55.58	62.16	63	77.34	89.92	93.9	106.1	90.21	118.9	111.9	114.3	106.3	127.5	123.1	118.7	121.8	140.9	135.7	140.6	136.7	157.3	146.1
Change	-	-39.24%	-	-	59.82%	-14.49%	27.15%	11.85%	1.34%	22.77%	16.27%	4.42%	12.99%	-14.98%	31.85%	-5.92%	2.18%	-7.02%	19.93%	-3.48%	-3.56%	2.61%	15.71%	-3.72%	3.65%	-2.77%	15.05%	-7.13%
EBIT ¹	64.56	33.74	-22.27	18.34	36.72	28.23	40.54	45.92	46.95	51.66	57.75	61.33	72.51	54.2	82.17	74.42	75.18	66.93	87.69	82.04	73.33	79.96	94.64	90.69	93.24	96.65	106.8	99.9
Change	-	-47.73%	-	-	100.14%	-23.1%	43.59%	13.26%	2.26%	10.02%	11.79%	6.2%	18.23%	-25.25%	51.61%	-9.44%	1.02%	-10.97%	31.01%	-6.44%	-10.61%	9.03%	18.37%	-4.17%	2.81%	3.66%	10.5%	-6.46%
Charge d'intérêts ¹	-15.19	-18.31	-20.47	-20.69	-20.72	-20.03	-19.93	-20.35	-20.49	-22.42	-21.5	-21.92	-22.1	-21.6	-21.47	-21.7	-21.8	-15.97	-18.92	-26.6	-19.4	-18.12	-19.1	-20.38	-20.08	-19.75	-20.75	-20.75
Earnings before Tax (EBT) ¹	45.1	15.27	-42.9	-4.319	17.44	9.544	20.18	25.11	-2.866	30.32	33.74	46.34	51.04	34.6	60.07	55.04	57.83	50.5	69.5	59.7	54.29	57.86	76.12	70.26	71.15	77.4	86.55	79.65
Change	-	-66.14%	-	-89.93%	-	-45.27%	111.39%	24.45%	-	-	11.24%	37.36%	10.14%	-32.21%	73.6%	-8.37%	5.08%	-12.69%	37.64%	-14.11%	-9.06%	6.59%	31.54%	-7.7%	1.28%	8.78%	11.82%	-7.97%
Net income ¹	29.66	8.607	-29.18	-3.111	8.69	5.581	14.01	17.44	5.74	16.46	22.34	26.91	33.68	22.7	41.14	39.13	35.34	34.31	48.64	42.01	39	40.76	54.74	49.7	50.52	51.15	57.5	52.9
Change	-	-70.99%	-	-89.34%	-	-35.78%	151.03%	24.5%	-67.09%	186.83%	35.7%	20.46%	25.16%	-32.59%	81.17%	-4.86%	-9.69%	-2.92%	41.77%	-13.63%	-7.17%	4.52%	34.3%	-9.2%	1.63%	1.26%	12.41%	-8%
Announcement Date	2/25/20	5/5/20	8/4/20	11/5/20	2/18/21	5/6/21	8/9/21	11/4/21	2/24/22	5/10/22	8/9/22	11/8/22	2/23/23	5/4/23	8/3/23	11/7/23	2/22/24	5/9/24	8/6/24	11/7/24	-	-	-	-	-	-	-	-

¹USD in Million

Estimates

Forecast Balance Sheet: Planet Fitness, Inc.

balance-sheet-analysis-chart PLANET-FITNESS-INC

Fiscal Period: December	2019	2020	2021	2022	2023	2024	2025	2026
Net Debt ¹	1,226	1,253	1,154	1,589	1,708	1,811	1,751	1,652
Change	-	2.2%	-7.9%	37.69%	7.49%	6.04%	-3.31%	-5.65%
Announcement Date	2/25/20	2/18/21	2/24/22	2/23/23	2/22/24	-	-	-

¹USD in Million

Estimates

Cash Flow Forecast: Planet Fitness, Inc.

Fiscal Period: December	2019	2020	2021	2022	2023	2024	2025	2026
CAPEX ¹	57.89	52.56	54.07	100.1	136	165.3	175.4	174.1
Change	-	-9.21%	2.88%	85.04%	35.91%	21.57%	6.08%	-0.73%
Free Cash Flow (FCF) ¹	146.4	-21.42	135.2	140.2	194.3	215.3	236.2	327.6
Change	-	-114.63%	-731.2%	3.65%	38.61%	10.82%	9.7%	38.71%
Announcement Date	2/25/20	2/18/21	2/24/22	2/23/23	2/22/24	-	-	-

¹USD in Million

Estimates

Forecast Financial Ratios: Planet Fitness, Inc.

Fiscal Period: December	2019	2020	2021	2022	2023	2024	2025	2026
Profitability
EBITDA Margin (%)	40.97%	29.6%	38.23%	39.05%	40.64%	40.88%	42.38%	43.97%
EBIT Margin (%)	34.53%	16.36%	27.54%	25.81%	26.69%	26.52%	28.19%	29.71%
EBT Margin (%)	25.14%	-3.57%	8.85%	17.23%	19.37%	20.06%	21.68%	23.35%
Net margin (%)	17.09%	-3.69%	7.29%	10.61%	12.91%	14.15%	15.37%	15.08%
FCF margin (%)	21.26%	-5.27%	23.03%	14.96%	18.13%	18.5%	18.54%	23.38%
FCF / Net Income (%)	124.41%	142.9%	316.11%	140.99%	140.46%	130.74%	120.63%	155%
Profitability
ROA	9.55%	0.17%	3.7%	6.1%	4.75%	8.07%	9.27%	9.57%
ROE	-	-0.44%	-	-	-	-	140%	64.6%
Financial Health
Leverage (Debt/EBITDA)	4.35x	10.41x	5.14x	4.34x	3.92x	3.81x	3.24x	2.68x
Debt / Free cash flow	8.37x	-58.5x	8.53x	11.34x	8.79x	8.41x	7.41x	5.04x
Capital Intensity
CAPEX / Current Assets (%)	8.4%	12.93%	9.21%	10.68%	12.69%	14.2%	13.77%	12.42%
CAPEX / EBITDA (%)	20.52%	43.67%	24.09%	27.35%	31.23%	34.74%	32.49%	28.25%
CAPEX / FCF (%)	39.54%	-245.36%	39.99%	71.39%	70%	76.79%	74.26%	53.14%
Items per share
Cash flow per share ¹	2.443	0.3518	2.256	2.841	3.877	3.193	3.883	5.72
Change	-	-85.6%	541.36%	25.92%	36.45%	-17.65%	21.63%	47.3%
Dividend per Share ¹	-	-	-	-	-	-	-	-
Change	-	-	-	-	-	-	-	-
Book Value Per Share ¹	-8.112	-8.154	-7.364	-2.222	-1.312	-3.495	-1.192	1.75
Change	-	0.52%	-9.68%	-69.83%	-40.95%	166.4%	-65.88%	-246.8%
EPS ¹	1.41	-0.19	0.51	1.18	1.62	1.921	2.344	2.6
Change	-	-113.48%	-368.42%	131.37%	37.29%	18.57%	22.04%	10.91%
Nbr of stocks (in thousands)	81,793	81,815	83,345	83,416	85,439	84,181	84,181	84,181
Announcement Date	2/25/20	2/18/21	2/24/22	2/23/23	2/22/24	-	-	-