Planet Fitness
PLNT
#2023
Rank
ยฃ6.21 B
Marketcap
ยฃ73.42
Share price
1.21%
Change (1 day)
42.50%
Change (1 year)

Operating Margin for Planet Fitness (PLNT)

Operating Margin as of November 2024 (TTM): 20.94%

According to Planet Fitness 's latest financial reports and stock price the company's current Operating Margin is 20.94%. At the end of 2023 the company had an Operating Margin of 19.37%.

Operating Margin history for Planet Fitness from 2014 to 2024

Operating Margin at the end of each year

Year Operating Margin Change
202319.37%12.41%
202217.23%94.7%
20218.85%-347.93%
2020-3.57%-114.2%
201925.14%9.28%
201823.01%-76.95%
201799.82%319.95%
201623.77%66.18%
201514.30%4%
201413.75%9.79%
201312.53%

Operating Margin for similar companies or competitors

Company Operating Margin Operating Margin differencediff. Country
20.94% 0.00%๐Ÿ‡บ๐Ÿ‡ธ USA

What is a company's Operating Margin?

The operating margin is a key indicator to assess the profitability of a company. Higher operating margins are generaly better as they show that a company is able to sell its products or services for much more than their production costs. The operating margin is calculated by dividing a company's earnings by its revenue.