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Asset Utilization RatioAssets AverageDebt RatioDebt to EquityEBIT MarginEBITDA MarginEBT MarginEnterprise ValueEquity AverageEquity RatioFCF MarginFCF Payout RatioGross MarginInterest Coverage RatioInventory AverageInvested CapitalNet MarginOperating MarginReturn on AssetsReturn on Capital EmployedReturn on EquityReturn on Invested CapitalReturn on SalesTimes Interest Earned

Planet Fitness (PLNT) Debt to Equity (2016 - 2026)

Planet Fitness filings provide 12 years of Debt to Equity readings, the most recent being -$5.14 for Q4 2025.

  • On a quarterly basis, Debt to Equity rose 49.05% to -$5.14 in Q4 2025 year-over-year; TTM through Dec 2025 was -$5.14, a 49.05% increase, with the full-year FY2025 number at -$5.14, up 49.05% from a year prior.
  • Debt to Equity hit -$5.14 in Q4 2025 for Planet Fitness, up from -$11.1 in the prior quarter.
  • In the past five years, Debt to Equity ranged from a high of -$0.09 in Q2 2022 to a low of -$19.95 in Q1 2024.
  • Median Debt to Equity over the past 5 years was -$8.68 (2023), compared with a mean of -$7.81.
  • Biggest five-year swings in Debt to Equity: skyrocketed 94.6% in 2021 and later crashed 10076.07% in 2023.
  • Planet Fitness' Debt to Equity stood at -$0.14 in 2021, then plummeted by 6466.23% to -$9.45 in 2022, then crashed by 76.44% to -$16.67 in 2023, then soared by 39.55% to -$10.08 in 2024, then soared by 49.05% to -$5.14 in 2025.
  • The last three reported values for Debt to Equity were -$5.14 (Q4 2025), -$11.1 (Q3 2025), and -$13.66 (Q2 2025) per Business Quant data.