Planet Fitness (PLNT) Operating Margin (2014 - 2026)
Planet Fitness (PLNT) reported Operating Margin of 33.90% for Q2 2026, up 3.86 percentage points from 30.04% a year earlier and up 4.64 percentage points from the prior quarter.
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Analysis
Planet Fitness (PLNT) Operating Margin (2014 - 2026) Analysis & Trends
Over the twelve months ended Jun 30, 2026, Planet Fitness' Operating Margin came in at 30.91%, up 2.71 percentage points year-over-year; for FY2025, it came in at 29.81%, up 2.37 percentage points from FY2024.
- Operating Margin has increased for five consecutive years, with a five-year change of +15.11 percentage points (FY2020 to FY2025).
- By year, Operating Margin came in at 27.44% in FY2024 (+1.97 pp), 25.47% in FY2023 (+0.91 pp), 24.56% in FY2022 (+0.13 pp) and 24.43% in FY2021 (+9.73 pp).
- The Q2 2026 figure ranks as the highest quarterly Operating Margin since Q2 2019.
- Year over year, Operating Margin has now increased in each of the last 13 quarters, with an average year-over-year change of +2.13 percentage points over the last eight quarters.
- The high point for year-over-year Operating Margin in five years was Q3 2021 (a gain of 13.66 percentage points); the low point was Q4 2021 (a drop of 8.15 percentage points).
- Per Business Quant data, the three quarters before Q2 2026 came in at 29.26% (Q1 2026), 28.17% (Q4 2025) and 32.41% (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Operating Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Las Vegas Sands | 25.05 Bn | 11.15 Bn | 1.48 Bn | 19.59% |
| 2 | Flutter Entertainment | 13.32 Bn | 6.69 Bn | 1.71 Bn | -3.33% |
| 3 | Madison Square Garden Sports | 9.77 Bn | 9.37 Bn | 119.21 Mn | 11.53% |
| 4 | DraftKings | 9.57 Bn | 5.23 Bn | 551.45 Mn | -4.72% |
| 5 | Life Time Group Holdings | 9.03 Bn | 8.26 Bn | 412.26 Mn | 17.29% |
| 6 | Wynn Resorts | 7.89 Bn | 2.18 Bn | 758.95 Mn | 16.03% |
| 7 | MGM Resorts International | 7.50 Bn | -1.53 Bn | 1.98 Bn | 11.32% |
| 8 | Light & Wonder | 7.12 Bn | 6.43 Bn | 618.00 Mn | 26.93% |
| 9 | Caesars Entertainment | 5.97 Bn | 2.41 Bn | 1.50 Bn | 17.14% |
| 10 | Planet Fitness | 3.82 Bn | 2.05 Bn | 300.73 Mn | 33.90% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 33.90% |
| Mar 31, 2026 | 29.26% |
| Dec 31, 2025 | 28.17% |
| Sep 30, 2025 | 32.41% |
| Jun 30, 2025 | 30.04% |
| Mar 31, 2025 | 28.63% |
| Dec 31, 2024 | 26.36% |
| Sep 30, 2024 | 27.80% |
| Jun 30, 2024 | 29.04% |
| Mar 31, 2024 | 26.54% |
| Dec 31, 2023 | 25.03% |
| Sep 30, 2023 | 26.07% |
| Jun 30, 2023 | 26.88% |
| Mar 31, 2023 | 23.47% |
| Dec 31, 2022 | 22.89% |
| Sep 30, 2022 | 25.34% |
| Jun 30, 2022 | 24.55% |
| Mar 31, 2022 | 26.06% |
| Dec 31, 2021 | 15.90% |
| Sep 30, 2021 | 28.88% |
API Access
Planet Fitness Operating Margin API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=operating-margin&ticker=PLNT&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "operating-margin", "ticker": "PLNT", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=operating-margin&ticker=PLNT&period=max&api_key=YOUR_API_KEY");
const data = await res.json();