Planet Fitness (FRA:3PL) ROE %: Negative Equity% (As of Mar. 2026)


FRA:3PL Planet Fitness Inc FRA:3PL
80 GF Score
Price €46.79
GF Value €90.63
Valuation Possible Value Trap
! 1 Warning Sign
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What is Planet Fitness ROE %?

Planet Fitness FRA:3PL +3.36% 80 ROE % is Negative Equity% as of Mar. 2026. GuruFocus rates FRA:3PL with a GF Score™ of 80/100 and a GF Value™ of €90.63 (Possible Value Trap). The stock has 1 warning sign investors should review. Among 824 Travel & Leisure companies, Planet Fitness ranks better than 99.88% on this metric.

ROE % is calculated as Net Income divided by its average Total Stockholders Equity over a certain period of time. Planet Fitness's annualized net income for the quarter that ended in Mar. 2026 was €178 Mil. Planet Fitness's average Total Stockholders Equity over the quarter that ended in Mar. 2026 was €-415 Mil. Therefore, Planet Fitness's annualized ROE % for the quarter that ended in Mar. 2026 was Negative Equity%.

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

FRA:3PL' s ROE % Range Over the Past 10 Years
Min: 0   Med: 0   Max: 0
Current: Negative Equity

FRA:3PL's ROE % is ranked better than
99.88% of 824 companies
in the Travel & Leisure industry
Industry Median: 5.485 vs FRA:3PL: Negative Equity

Planet Fitness  (FRA:3PL) ROE % Explanation

ROE % measures the rate of return on the ownership interest (shareholder's equity) of the common stock owners. It measures a firm's efficiency at generating profits from every unit of shareholders' equity (also known as net assets or assets minus liabilities). ROE % shows how well a company uses investment funds to generate earnings growth. ROE %s between 15% and 20% are considered desirable.

The factors that affect a company's ROE % can be illustrated with the three-step DuPont Analysis:

ROE %(Q: Mar. 2026 )
=Net Income/Total Stockholders Equity
=178.376/-414.706
=(Net Income / Revenue )*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(178.376 / 1166.836)*(1166.836 / 2667.9065)*(2667.9065 / -414.706)
=Net Margin %*Asset Turnover*Equity Multiplier
=15.29 %*0.4374*N/A
=ROA %*Equity Multiplier
=6.69 %*N/A
=Negative Equity %

With this breakdown, it is clear that if a company grows its Net Profit Margin, its Asset Turnover, or its Leverage, it can grow its ROE %.

The factors that affect a company's ROE % can also be illustrated with the five-step DuPont Analysis:

ROE %(Q: Mar. 2026 )
=Net Income/Total Stockholders Equity
=178.376/-414.706
=(Net Income / Pre-Tax Income) * (Pre-Tax Income / Operating Income) * (Operating Income / Revenue) * (Revenue / Total Assets) * (Total Assets / Total Stockholders Equity)
= (178.376 / 249.048) * (249.048 / 341.396) * (341.396 / 1166.836) * (1166.836 / 2667.9065) * (2667.9065 / -414.706)
= Tax Burden * Interest Burden * Operating Margin % * Asset Turnover * Equity Multiplier
= 0.7162 * 0.7295 * 29.26 % * 0.4374 * N/A
=Negative Equity %

Note: The net income data used here is four times the quarterly (Mar. 2026) net income data. The Revenue data used here is four times the quarterly (Mar. 2026) revenue data. The same rule applies to Pre-Tax Income and Operating Income.
* In the five-step DuPont Analysis, Operating Income is only available for non-financial companies. Thus, for Insurance companies, we use EBIT as a substitution of Operating Income. For Banks, both Operating Income and EBIT is unavailable. Thus we combined Interest Burden and Operating Margin % into Pretax Margin %, and the DuPont Analysis is divided into four components instead.

* 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.


Be Aware

Net Income is used.

Because a company can increase its ROE % by having more financial leverage, it is important to watch the equity multiplier when investing in high ROE % companies. Like ROA %, ROE % is calculated with only 12 months data. Fluctuations in company's earnings or business cycles can affect the ratio drastically. It is important to look at the ratio from a long term perspective.

Asset light businesses require very few assets to generate very high earnings. Their ROE %s can be extremely high.


Planet Fitness ROE % Related Terms


Planet Fitness ROE % Historical Data

* Premium members only.

The historical data trend for Planet Fitness's ROE % 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.

Planet Fitness ROE % Chart

Planet Fitness Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
ROE %
Get a 7-Day Free Trial Premium Member Only Premium Member Only Negative Equity Negative Equity Negative Equity Negative Equity Negative Equity

Planet Fitness Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
ROE % 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 Negative Equity Negative Equity Negative Equity Negative Equity Negative Equity

FRA:3PL vs MAT, YETI, GOLF: ROE % Comparison

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

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

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


FRA:3PL
80GF Score
Planet Fitness Inc FRA:3PL
ROE % is just one metric. See GF Score™, valuation, warning signs, and more.
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Planet Fitness ROE % Calculation

Planet Fitness's annualized ROE % for the fiscal year that ended in Dec. 2025 is calculated as

ROE %=Net Income (A: Dec. 2025 )/( (Total Stockholders Equity (A: Dec. 2024 )+Total Stockholders Equity (A: Dec. 2025 ))/ count )
=187.115/( (-205.688+-412.292)/ 2 )
=187.115/-308.99
=Negative Equity %

Planet Fitness's annualized ROE % for the quarter that ended in Mar. 2026 is calculated as

ROE %=Net Income (Q: Mar. 2026 )/( (Total Stockholders Equity (Q: Dec. 2025 )+Total Stockholders Equity (Q: Mar. 2026 ))/ count )
=178.376/( (-412.292+-417.12)/ 2 )
=178.376/-414.706
=Negative Equity %

* 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 ROE %, the net income of the last fiscal year and the average total shareholder equity over the fiscal year are used. In calculating the quarterly data, the net income data used here is four times the quarterly (Mar. 2026) net income data. ROE % is displayed in the 30-year financial page.

* Note that if the average Total Stockholders Equity is zero or negative, then ROE % would be considered meaningless and hence not be calculated.

Frequently Asked Questions Learn more about ROE % →
What does a ROE % of Negative Equity% mean?
Planet Fitness (FRA:3PL) has a ROE % of Negative Equity% as of Mar. 2026. Return on equity is the ratio of current-period net income to average two-period total equity. View historical data on Planet Fitness and its competitors. According to the industry distribution chart, Planet Fitness ranks #1 out of 824 companies in the Travel & Leisure industry, placing it in the top 0.099999999999994%.
Is Planet Fitness' ROE % too high?
Planet Fitness' current ROE % is Negative Equity%. Based on the distribution chart, Planet Fitness ranks #1 out of 824 companies in the Travel & Leisure industry, which is in the top quartile — a strong position relative to peers. Overall, Planet Fitness has a GF Score™ of 80/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Planet Fitness' ROE % compare to MAT and YETI?
According to the Travel & Leisure industry distribution chart, Planet Fitness ranks #1 out of 824 companies for ROE %. This places Planet Fitness in the top 0% of its industry — outperforming the majority of peers. The industry median ROE % is 5.49. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good ROE % for a Travel & Leisure company?
The median ROE % among Travel & Leisure companies is 5.49, based on 824 companies in the industry. Companies in the top quartile (top 25%) have a ROE % significantly above this median, while those in the bottom quartile fall well below. However, ROE % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high ROE % mean?
A high ROE % can signal that a stock is expensive relative to its fundamentals. Return on equity is the ratio of current-period net income to average two-period total equity. View historical data on Planet Fitness and its competitors. For the Travel & Leisure industry, the median ROE % is 5.49 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Planet Fitness's current ROE % is Negative Equity%. 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 €90.63, compared to a current price of €46.79 — trading 48.4% below its estimated fair value. The current ROE % is Negative Equity%. Planet Fitness' overall GF Score™ is 80/100 with 1 warning sign to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is ROE % calculated?
ROE % is calculated from a company's financial statements. For Planet Fitness (FRA:3PL), the current ROE % is Negative Equity% 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 €46.79 is trading 48.4% below its estimated GF Value™ of €90.63. GuruFocus considers Planet Fitness to be Possible Value Trap.

Key valuation signals for FRA:3PL:

  • ROE %: Negative Equity%
  • GF Value™: €90.63 vs. price of €46.79 (48.4% below fair value)
  • GF Score™: 80/100 with 1 warning sign

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 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.
80GF Score

Get the complete analysis for FRA:3PL

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

€46.79
Price
€90.63
GF Value