Planet Fitness Profit Margin 2014-2023 | PLNT
Current and historical gross margin, operating margin and net profit margin for Planet Fitness (PLNT) over the last 10 years. Profit margin can be defined as the percentage of revenue that a company retains as income after the deduction of expenses. Planet Fitness net profit margin as of March 31, 2023 is 10.86%.
|Planet Fitness Annual Profit Margins
|Planet Fitness Quarterly Profit Margins
||Leisure & Recreation Services
Planet Fitness is one of the leading franchisors and operators of fitness centers in the United States. Planet Fitness reports its financial numbers under three segments: Franchise, Corporate-Owned Stores, and Equipment. The Franchise segment is involved in franchising business in the United States, Puerto Rico, Canada, the Dominican Republic, and Panama. The segment generates revenues thorough royalty fees, franchise fees, placement revenue, other fees and commission income. The Corporate-Owned Store segment generates revenues through monthly membership charges, enrollment, annual and prepaid fees paid members, and retail sales. The Equipment segment realizes its revenues through sales of fitness equipment to franchisee-owned stores in the United States.