Planet Fitness (STU:3PL) Retained Earnings : €-623 Mil (As of Mar. 2024)

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What is Planet Fitness Retained Earnings?

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. Planet Fitness's retained earnings for the quarter that ended in Mar. 2024 was €-623 Mil.

Planet Fitness's quarterly retained earnings increased from Sep. 2023 (€-681 Mil) to Dec. 2023 (€-634 Mil) and increased from Dec. 2023 (€-634 Mil) to Mar. 2024 (€-623 Mil).

Planet Fitness's annual retained earnings declined from Dec. 2021 (€-627 Mil) to Dec. 2022 (€-664 Mil) but then increased from Dec. 2022 (€-664 Mil) to Dec. 2023 (€-634 Mil).

Planet Fitness Retained Earnings Historical Data

The historical data trend for Planet Fitness's Retained Earnings 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 Retained Earnings Chart

Planet Fitness Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Retained Earnings

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-662.93

-617.80

-627.29

-664.31

-634.07

Planet Fitness Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Retained Earnings	Get a 7-Day Free Trial															-659.42	-706.85	-681.01	-634.07	-623.14

Planet Fitness Retained Earnings Calculation

Retained Earnings is the accumulated portion of net income that is not distributed to shareholders. Because the net income was not distributed to shareholders, shareholders' equity is increased by the same amount.

Of course, if a company loses, it is called retained losses, or accumulated losses.

Planet Fitness (STU:3PL) Retained Earnings Explanation

Historically profitable companies sometimes have negative retained earnings. This is because they have cumulatively paid out more to shareholders than they reported in profits.

For example, in 2011, Microsoft had negative retained earnings. This does not mean the company lost more money than it made over the years. It just means it paid out more money than it earned.

If a company has negative retained earnings, investors should check the 10-year financial results. They should not assume that negative retained earnings prove a company has generally lost money in the past.

Of course, many companies with negative retained earnings have indeed lost money in the past.

Retained Earnings: Warren Buffett's Secret.

One of the most important indicators of durable competitive advantage. Net earnings can be paid out as dividends, used to buy back shares or retained for growth.

If the company loses more than it has accumulated, retained earnings is negative.

If a company isn't adding to its retained earnings, it isn't growing its net worth.

Rate of growth of retained earnings is good indicator whether it's benefiting from a competitive advantage.

Microsoft is negative because it chose to buyback stock and pay dividends.

The more earnings retained, the faster it grows and increases growth rate for future earnings.

Planet Fitness (STU:3PL) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Travel & Leisure » Planet Fitness Inc (STU:3PL) » Definitions » Retained Earnings

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Traded in Other Exchanges

PLNT:USA 3PL:Germany

Address

4 Liberty Lane West, Hampton, NH, USA, 03842

Website

https://www.planetfitness.com

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.

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