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Planet Fitness (Planet Fitness) Pretax Margin % : 20.29% (As of Dec. 2023)


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What is Planet Fitness Pretax Margin %?

Pre-Tax margin is calculated as Pre-Tax Income divided by its Revenue. Planet Fitness's Pre-Tax Income for the three months ended in Dec. 2023 was $58 Mil. Planet Fitness's Revenue for the three months ended in Dec. 2023 was $285 Mil. Therefore, Planet Fitness's pretax margin for the quarter that ended in Dec. 2023 was 20.29%.

The historical rank and industry rank for Planet Fitness's Pretax Margin % or its related term are showing as below:

PLNT' s Pretax Margin % Range Over the Past 10 Years
Min: -3.57   Med: 18.3   Max: 99.82
Current: 19.37


PLNT's Pretax Margin % is ranked better than
80.54% of 822 companies
in the Travel & Leisure industry
Industry Median: 6.29 vs PLNT: 19.37

Planet Fitness Pretax Margin % Historical Data

The historical data trend for Planet Fitness's Pretax Margin % can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

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Planet Fitness Pretax Margin % Chart

Planet Fitness Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Pretax Margin %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 25.14 -3.57 8.85 17.23 19.37

Planet Fitness Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Pretax Margin % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 18.15 15.57 20.97 19.83 20.29

Competitive Comparison of Planet Fitness's Pretax Margin %

For the Leisure subindustry, Planet Fitness's Pretax Margin %, along with its competitors' market caps and Pretax Margin % data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Planet Fitness's Pretax Margin % Distribution in the Travel & Leisure Industry

For the Travel & Leisure industry and Consumer Cyclical sector, Planet Fitness's Pretax Margin % distribution charts can be found below:

* The bar in red indicates where Planet Fitness's Pretax Margin % falls into.



Planet Fitness Pretax Margin % Calculation

Pretax margin - also known as pretax profit margin is the ratio of Pretax Income divided by net sales or Revenue, usually presented in percent.

Planet Fitness's Pretax Margin for the fiscal year that ended in Dec. 2023 is calculated as

Pretax Margin=Pre-Tax Income (A: Dec. 2023 )/Revenue (A: Dec. 2023 )
=207.541/1071.326
=19.37 %

Planet Fitness's Pretax Margin for the quarter that ended in Dec. 2023 is calculated as

Pretax Margin=Pre-Tax Income (Q: Dec. 2023 )/Revenue (Q: Dec. 2023 )
=57.834/285.086
=20.29 %

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Planet Fitness  (NYSE:PLNT) Pretax Margin % Explanation

The pretax margin, as know as pretax profit margin, is widely used to measure the operating efficiency of a company before deducting taxes.

The pretax margin is sometimes preferred over the net margin as tax expenditures can make profitability comparisons between companies misleading.

It is a useful tool to compare companies operating in the same sector and less effective when comparing companies from other sectors as each industry generally has different operating expenses and sales patterns.

The long term trend of the pretax margin is a good indicator of the competitiveness and health of the business.


Planet Fitness Pretax Margin % Related Terms

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Planet Fitness (Planet Fitness) Business Description

Traded in Other Exchanges
Address
4 Liberty Lane West, Hampton, NH, USA, 03842
Planet Fitness Inc is a franchisor and operator of fitness centers in the United States. The company's reportable segments are Franchise, Corporate-owned stores, and Equipment. Franchise segment includes operations related to its franchising business in the United States, Puerto Rico, Canada, Panama, Mexico and Australia, Corporate-owned stores segment includes operations with respect to all corporate-owned stores throughout the United States and Canada, and The Equipment segment includes the sale of equipment to franchisee-owned stores in the U.S. The firm generates a majority of its revenue from the Corporate-owned stores segment.
Executives
Craig R Benson director
Christopher Rondeau director, officer: CEO 4 LIBERTY LANE WEST, C/O PLANET FITNESS INC, HAMPTON NH 03842
Jennifer Simmons officer: Div President, Corp Stores 4 LIBERTY LANE WEST, HAMPTON NH 03842
Brian O'donnell officer: VP, Chief Accounting Officer 4 LIBERTY LANE WEST, HAMPTON NH 03842
Edward Hymes officer: President, COO 4 LIBERTY LANE WEST, HAMPTON NH 03842
William Bode officer: Chief Operations Officer 4 LIBERTY LANE WEST, HAMPTON NH 03842
Shane Mcguiness officer: President, Corporate Clubs 4 LIBERTY LANE WEST, HAMPTON NH 03842
Jeremy Tucker officer: Chief Marketing Officer 4 LIBERTY LANE WEST, HAMPTON NH 03842
Dorvin D Lively officer: CFO
Fitzgerald Thomas J Iii officer: Chief Financial Officer 111 NORTH CANAL STREET, SUITE 850, CHICAGO IL 60606
Bernard Acoca director C/O EL POLLO LOCO HOLDINGS, INC., 3535 HARBOR BLVD., SUITE 100, COSTA MESA CA 92626
Christopher Tanco director 2001 COTTONWOOD VALLEY CIRCLE SOUTH, IRVING TX 75038
Craig Jeffrey Miller officer: Chief Digital & Information Of 5008 HARTRIDGE WAY, GREENSBORO NC 27407
Enshalla Anderson director 4 LIBERTY LANE WEST, HAMPTON NH 03842
David P Berg director 7601 PENN AVENUE SOUTH, RICHFIELD MN 55423