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Planet FitnessFRA:3PL -0.57%78 Debt-to-EBITDA is 4.97 as of Mar. 2026, which is 7% below its 10-year median of 5.35. GuruFocus rates FRA:3PL with a GF Score™ of 78/100 and a GF Value™ of €90.61 (Possible Value Trap). The stock has 1 warning sign investors should review. Among 649 Travel & Leisure companies, Planet Fitness ranks worse than 72.73% on this metric.
Debt-to-EBITDA measures a company's ability to pay off its debt.
A high Debt-to-EBITDA ratio generally means that a company may spend more time to paying off its debt. According to Joel Tillinghast's BIG MONEY THINKS SMALL: Biases, Blind Spots, and Smarter Investing, a ratio of Debt-to-EBITDA exceeding four is usually considered scary unless tangible assets cover the debt.
The historical rank and industry rank for Planet Fitness's Debt-to-EBITDA or its related term are showing as below:
FRA:3PL'
s Debt-to-EBITDA Range Over the Past 10 Years
Min: 1.42 Med: 5.35 Max: 15.95
Current: 4.85
During the past 13 years, the highest Debt-to-EBITDA Ratio of Planet Fitness was 15.95. The lowest was 1.42. And the median was 5.35.
FRA:3PL's Debt-to-EBITDA is ranked worse than 72.73% of 649
companies
in the Travel & Leisure industry
Industry Median: 2.53
vs FRA:3PL: 4.85
A high Debt-to-EBITDA ratio generally means that a company may spend more time to paying off its debt.
According to Joel Tillinghast's BIG MONEY THINKS SMALL: Biases, Blind Spots, and Smarter Investing, a ratio of Debt-to-EBITDA exceeding four is usually considered scary unless tangible assets cover the debt.
Planet Fitness Debt-to-EBITDA Related Terms
Planet Fitness Debt-to-EBITDA Historical Data
* Premium members only.
The historical data trend for Planet Fitness's Debt-to-EBITDA 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.
FRA:3PL vs MAT, YETI, CALY: Debt-to-EBITDA Comparison
For the Leisure subindustry, Planet Fitness's Debt-to-EBITDA, along with its competitors' market caps and Debt-to-EBITDA 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 Debt-to-EBITDA vs Travel & Leisure Industry
For the Travel & Leisure industry and Consumer Cyclical sector, Planet Fitness's Debt-to-EBITDA distribution charts can be found below:
* The bar in red indicates where Planet Fitness's Debt-to-EBITDA falls into.
* 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.
In the calculation of annual Debt-to-EBITDA, the EBITDA of the last fiscal year is used. In calculating the annualized quarterly data,
the EBITDA data used here is four times the quarterly (Mar. 2026) EBITDA data.
Planet Fitness (FRA:3PL) has a Debt-to-EBITDA of 4.97 as of Mar. 2026. Debt-to-EBITDA ratio represents the ratio of total debt to total earnings before interest, taxes, depreciation and amortization. View historical data on Planet Fitness. This is near median its historical median of 5.35. Over the past decade, Planet Fitness' Debt-to-EBITDA has ranged from 1.42 to 15.95. According to the industry distribution chart, Planet Fitness ranks #472 out of 649 companies in the Travel & Leisure industry, placing it in the top 72.7%.
Is Planet Fitness' Debt-to-EBITDA too high?
Planet Fitness' current Debt-to-EBITDA of 4.97 is near median its 10-year median of 5.35. Over the past 10 years, this metric has ranged from a low of 1.42 to a high of 15.95. The Travel & Leisure industry median Debt-to-EBITDA is 2.53. Planet Fitness' value of 4.97 is 96.4% above this industry median. Based on the distribution chart, Planet Fitness ranks #472 out of 649 companies in the Travel & Leisure industry, which is below the industry midpoint. Overall, Planet Fitness has a GF Score™ of 78/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Planet Fitness' Debt-to-EBITDA compare to MAT and YETI?
According to the Travel & Leisure industry distribution chart, Planet Fitness ranks #472 out of 649 companies for Debt-to-EBITDA. This places Planet Fitness in the lower half of its industry. The industry median Debt-to-EBITDA is 2.53. Planet Fitness' value of 4.97 is 96.4% above this benchmark. Historically, Planet Fitness' own Debt-to-EBITDA has ranged from 1.42 to 15.95 over the past decade. While the company's 10-year median is 5.35 vs. the industry median of 2.53, Planet Fitness has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Debt-to-EBITDA for a Travel & Leisure company?
The median Debt-to-EBITDA among Travel & Leisure companies is 2.53, based on 649 companies in the industry. Companies in the top quartile (top 25%) have a Debt-to-EBITDA significantly above this median, while those in the bottom quartile fall well below. However, Debt-to-EBITDA should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Planet Fitness's current Debt-to-EBITDA of 4.97 is 96.4% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Debt-to-EBITDA mean?
A high Debt-to-EBITDA can signal that a stock is expensive relative to its fundamentals. Debt-to-EBITDA ratio represents the ratio of total debt to total earnings before interest, taxes, depreciation and amortization. View historical data on Planet Fitness. For the Travel & Leisure industry, the median Debt-to-EBITDA is 2.53 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Planet Fitness's current Debt-to-EBITDA is 4.97, which is near median its own 10-year median of 5.35. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Planet Fitness stock overvalued right now?
Based on GuruFocus' analysis, Planet Fitness (FRA:3PL) is currently considered Possible Value Trap. The stock's GF Value™ is €90.61, compared to a current price of €45.58 — trading 49.7% below its estimated fair value. The current Debt-to-EBITDA is 4.97, which is near median its 10-year median of 5.35 and 96.4% above the Travel & Leisure industry median of 2.53. Planet Fitness' overall GF Score™ is 78/100 with 1 warning sign to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Debt-to-EBITDA calculated?
Debt-to-EBITDA is calculated from a company's financial statements. For Planet Fitness (FRA:3PL), the current Debt-to-EBITDA is 4.97 as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
Is Planet Fitness (FRA:3PL) Overvalued in 2026?
Based on GuruFocus' analysis, Planet Fitness stock appears to be undervalued.
The current stock price of €45.58 is trading 49.7% below its estimated GF Value™ of €90.61.
GuruFocus considers Planet Fitness to be Possible Value Trap.
Key valuation signals for FRA:3PL:
Debt-to-EBITDA: 4.97 (near median its 10-year median of 5.35)
GF Value™: €90.61 vs. price of €45.58 (49.7% below fair value)
Industry Position: 96.4% above the Travel & Leisure median (#472 of 649)
No single metric tells the full story. See the FRA:3PL stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
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.
78GF Score
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Debt-to-EBITDA is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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