Planet Fitness (MEX:PLNT) Interest Coverage: 2.99 (As of Mar. 2026) — 13% Below Median


MEX:PLNT Planet Fitness Inc MEX:PLNT
66 GF Score
Price MXN916.00
GF Value MXN1,840.29
Valuation Possible Value Trap
! 1 Warning Sign
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What is Planet Fitness Interest Coverage?

Planet Fitness MEX:PLNT +4.69% 66 Interest Coverage is 2.99 as of Mar. 2026, which is 13% below its 10-year median of 3.44. GuruFocus rates MEX:PLNT with a GF Score™ of 66/100 and a GF Value™ of MXN1,840.29 (Possible Value Trap). The stock has 1 warning sign investors should review. Among 609 Travel & Leisure companies, Planet Fitness ranks worse than 59.93% on this metric.

Interest Coverage is a ratio that determines how easily a company can pay interest expenses on outstanding debt. It is calculated by dividing a company's Operating Income by its Interest Expense. Planet Fitness's Operating Income for the three months ended in Mar. 2026 was MXN1,779 Mil. Planet Fitness's Interest Expense for the three months ended in Mar. 2026 was MXN-594 Mil. Planet Fitness's interest coverage for the quarter that ended in Mar. 2026 was 2.99. The higher the ratio, the stronger the company's financial strength is.

The historical rank and industry rank for Planet Fitness's Interest Coverage or its related term are showing as below:

MEX:PLNT' s Interest Coverage Range Over the Past 10 Years
Min: 0.73   Med: 3.44   Max: 4.26
Current: 3.6


MEX:PLNT's Interest Coverage is ranked worse than
59.93% of 609 companies
in the Travel & Leisure industry
Industry Median: 5.35 vs MEX:PLNT: 3.60

Note: If both Interest Expense and Interest Income are empty, while Net Interest Income is negative, then use Net Interest Income as Interest Expense.


Planet Fitness  (MEX:PLNT) Interest Coverage Explanation

Ben Graham requires that a company has a minimum interest coverage of 5 with the companies he invested. If the interest coverage is less than 2, the company is burdened by debt. Any business slow or recession may drag the company into a situation where it cannot pay the interest on its debt.

Interest Coverage is an important factor when GuruFocus ranks a company's overage Financial Strength .


Planet Fitness Interest Coverage Related Terms


Planet Fitness Interest Coverage Historical Data

* Premium members only.

The historical data trend for Planet Fitness's Interest Coverage 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.

Note: For Interest Coverage, "No debt" indicates no long-term debt. An indication of "No Debt" does not necessarily mean that the company has no long-term debt obligations; it could be due to missing data in the quarterly or annual report. Use caution when interpreting this information.

Planet Fitness Interest Coverage Chart

Planet Fitness Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Interest Coverage
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.77 2.60 3.15 3.24 3.65

Planet Fitness Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Interest Coverage 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 3.02 3.91 4.06 3.59 2.99

MEX:PLNT vs MAT, YETI, GOLF: Interest Coverage Comparison

For the Leisure subindustry, Planet Fitness's Interest Coverage, along with its competitors' market caps and Interest Coverage 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 Interest Coverage vs Travel & Leisure Industry

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

* The bar in red indicates where Planet Fitness's Interest Coverage falls into.


MEX:PLNT
66GF Score
Planet Fitness Inc MEX:PLNT
Interest Coverage is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Planet Fitness Interest Coverage Calculation

Interest Coverage is a ratio that determines how easily a company can pay interest expenses on outstanding debt. It is calculated by dividing a company's Operating Income (EBIT) by its Interest Expense:

If Interest Expense is negative and Operating Income is positive, then

Interest Coverage=-1* Operating Income /Interest Expense

Else if Interest Expense is negative and Operating Income is negative, then

The company did not have earnings to cover the interest expense.

Else if Interest Expense is 0 and Long-Term Debt & Capital Lease Obligation is 0, then

The company had no debt (1).


Note: If both Interest Expense and Interest Income are empty, while Net Interest Income is negative, then use Net Interest Income as Interest Expense.

Planet Fitness's Interest Coverage for the fiscal year that ended in Dec. 2025 is calculated as

Here, for the fiscal year that ended in Dec. 2025, Planet Fitness's Interest Expense was MXN-1,949 Mil. Its Operating Income was MXN7,106 Mil. And its Long-Term Debt & Capital Lease Obligation was MXN51,811 Mil.

Interest Coverage=-1* Operating Income (A: Dec. 2025 )/Interest Expense (A: Dec. 2025 )
=-1*7106.436/-1949.009
=3.65

Planet Fitness's Interest Coverage for the quarter that ended in Mar. 2026 is calculated as

Here, for the three months ended in Mar. 2026, Planet Fitness's Interest Expense was MXN-594 Mil. Its Operating Income was MXN1,779 Mil. And its Long-Term Debt & Capital Lease Obligation was MXN51,579 Mil.

Interest Coverage=-1* Operating Income (Q: Mar. 2026 )/Interest Expense (Q: Mar. 2026 )
=-1*1779.268/-594.484
=2.99

* 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.

The higher the ratio, the stronger the company's Financial Strength is.

Frequently Asked Questions Learn more about Interest Coverage →
What does a Interest Coverage of 2.99 mean?
Planet Fitness (MEX:PLNT) has a Interest Coverage of 2.99 as of Mar. 2026. Interest Coverage measures a company's capability to pay interest expenses on its debt. View historical data on Planet Fitness and its competitors. This is 13% below median its historical median of 3.44. Over the past decade, Planet Fitness' Interest Coverage has ranged from 0.73 to 4.26. According to the industry distribution chart, Planet Fitness ranks #365 out of 609 companies in the Travel & Leisure industry, placing it in the top 59.9%.
Is Planet Fitness' Interest Coverage too high?
Planet Fitness' current Interest Coverage of 2.99 is 13% below median its 10-year median of 3.44. Over the past 10 years, this metric has ranged from a low of 0.73 to a high of 4.26. The Travel & Leisure industry median Interest Coverage is 5.35. Planet Fitness' value of 2.99 is 44.1% below this industry median. Based on the distribution chart, Planet Fitness ranks #365 out of 609 companies in the Travel & Leisure industry, which is below the industry midpoint. Overall, Planet Fitness has a GF Score™ of 66/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Planet Fitness' Interest Coverage compare to MAT and YETI?
According to the Travel & Leisure industry distribution chart, Planet Fitness ranks #365 out of 609 companies for Interest Coverage. This places Planet Fitness in the lower half of its industry. The industry median Interest Coverage is 5.35. Planet Fitness' value of 2.99 is 44.1% below this benchmark. Historically, Planet Fitness' own Interest Coverage has ranged from 0.73 to 4.26 over the past decade. While the company's 10-year median is 3.44 vs. the industry median of 5.35, Planet Fitness has consistently been below 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 Interest Coverage for a Travel & Leisure company?
The median Interest Coverage among Travel & Leisure companies is 5.35, based on 609 companies in the industry. Companies in the top quartile (top 25%) have a Interest Coverage significantly above this median, while those in the bottom quartile fall well below. However, Interest Coverage should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Planet Fitness's current Interest Coverage of 2.99 is 44.1% below 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 Interest Coverage mean?
A high Interest Coverage can signal that a stock is expensive relative to its fundamentals. Interest Coverage measures a company's capability to pay interest expenses on its debt. View historical data on Planet Fitness and its competitors. For the Travel & Leisure industry, the median Interest Coverage is 5.35 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Planet Fitness's current Interest Coverage is 2.99, which is 13% below median its own 10-year median of 3.44. 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 (MEX:PLNT) is currently considered Possible Value Trap. The stock's GF Value™ is MXN1,840.29, compared to a current price of MXN916.00 — trading 50.2% below its estimated fair value. The current Interest Coverage is 2.99, which is 13% below median its 10-year median of 3.44 and 44.1% below the Travel & Leisure industry median of 5.35. Planet Fitness' overall GF Score™ is 66/100 with 1 warning sign to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Interest Coverage calculated?
Interest Coverage is calculated from a company's financial statements. For Planet Fitness (MEX:PLNT), the current Interest Coverage is 2.99 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 (MEX:PLNT) Overvalued in 2026?

Based on GuruFocus' analysis, Planet Fitness stock appears to be undervalued. The current stock price of MXN916.00 is trading 50.2% below its estimated GF Value™ of MXN1,840.29. GuruFocus considers Planet Fitness to be Possible Value Trap.

Key valuation signals for MEX:PLNT:

  • Interest Coverage: 2.99 (13% below median its 10-year median of 3.44)
  • GF Value™: MXN1,840.29 vs. price of MXN916.00 (50.2% below fair value)
  • GF Score™: 66/100 with 1 warning sign
  • Industry Position: 44.1% below the Travel & Leisure median (#365 of 609)

No single metric tells the full story. See the MEX:PLNT stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Planet Fitness Business Description

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.
66GF Score

Get the complete analysis for MEX:PLNT

Interest Coverage is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

MXN916.00
Price
MXN1,840.29
GF Value