Planet Fitness
PLNT
$58.93
Share price
-1.52%
Change (1 day)
-29.11%
Change (1 year)
Categories
Operating Margin for Planet Fitness (PLNT)
Operating Margin as of May 2024 (TTM): 18.56%
According to Planet Fitness 's latest financial reports and stock price the company's current Operating Margin is 18.56%. At the end of 2022 the company had an Operating Margin of 17.23%.
Operating Margin history for Planet Fitness from 2014 to 2023
Operating Margin at the end of each year
| Year | Operating Margin | Change |
|---|---|---|
| 2022 | 17.23% | 94.7% |
| 2021 | 8.85% | -347.93% |
| 2020 | -3.57% | -114.2% |
| 2019 | 25.14% | 9.28% |
| 2018 | 23.01% | -76.95% |
| 2017 | 99.82% | 319.95% |
| 2016 | 23.77% | 66.18% |
| 2015 | 14.30% | 4% |
| 2014 | 13.75% | 9.79% |
| 2013 | 12.53% |
Operating Margin for similar companies or competitors
| Company | Operating Margin | Operating Margin differencediff. | Country |
|---|---|---|---|
 Planet Fitness
PLNT | 18.56% | 0.00% | 🇺🇸 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.