Planet Fitness (PLNT) Return on Invested Capital [ROIC] (2015 - 2026)
Planet Fitness (PLNT) recorded Return on Invested Capital [ROIC] of 16.02% in Q2 2026, up 3.22 percentage points from 12.80% a year earlier and up 1.02 percentage points from the prior quarter.
Planet Fitness (PLNT) Return on Invested Capital [ROIC] (2015 - 2026) Analysis & Trends
For FY2025, Planet Fitness reported Return on Invested Capital [ROIC] of 14.41%, up 2.15 percentage points from FY2024.
- Annual Return on Invested Capital [ROIC] has a five-year change of +8.40 percentage points (FY2020 to FY2025).
- Across earlier years, Return on Invested Capital [ROIC] came in at 12.27% in FY2024 (+1.54 pp), 10.73% in FY2023 (-0.45 pp), 11.18% in FY2022 (-1.42 pp) and 12.60% in FY2021 (+6.58 pp).
- The Q2 2026 figure is the highest quarterly Return on Invested Capital [ROIC] since Q1 2020.
- On a year-over-year basis, Return on Invested Capital [ROIC] has increased for 14 consecutive quarters, with an average year-over-year change of +1.88 percentage points over the last eight quarters.
- Peak year-over-year performance for Return on Invested Capital [ROIC] in the last five years was a gain of 6.27 percentage points in Q4 2021, against a drop of 3.44 percentage points in Q4 2022 at the low end.
- Per Business Quant, the preceding three quarters came in at 15.00% (Q1 2026), 14.39% (Q4 2025) and 13.46% (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | ROIC (Qtr) |
|---|---|---|---|---|---|
| 1 | Las Vegas Sands | 26.06 Bn | 12.66 Bn | 1.47 Bn | 14.92% |
| 2 | Flutter Entertainment | 14.35 Bn | 7.74 Bn | 1.52 Bn | -4.82% |
| 3 | Life Time Group Holdings | 10.48 Bn | 9.65 Bn | 419.01 Mn | 8.63% |
| 4 | DraftKings | 9.19 Bn | 4.85 Bn | 551.45 Mn | -15.70% |
| 5 | Wynn Resorts | 8.47 Bn | 2.61 Bn | 655.12 Mn | 9.51% |
| 6 | MGM Resorts International | 8.13 Bn | -1.17 Bn | 1.73 Bn | 13.52% |
| 7 | Madison Square Garden Sports | 7.83 Bn | 7.42 Bn | 119.21 Mn | - |
| 8 | Light & Wonder | 7.12 Bn | 6.42 Bn | 623.00 Mn | 9.62% |
| 9 | Churchill Downs | 6.86 Bn | 6.09 Bn | 207.00 Mn | 9.02% |
| 10 | Planet Fitness | 4.51 Bn | 2.78 Bn | 294.61 Mn | 16.35% |
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2026 | 16.35% |
| Jun 30, 2026 | 16.02% |
| Mar 31, 2026 | 15.00% |
| Dec 31, 2025 | 14.39% |
| Sep 30, 2025 | 13.46% |
| Jun 30, 2025 | 12.80% |
| Mar 31, 2025 | 12.54% |
| Dec 31, 2024 | 12.13% |
| Sep 30, 2024 | 11.49% |
| Jun 30, 2024 | 11.35% |
| Mar 31, 2024 | 10.97% |
| Dec 31, 2023 | 10.63% |
| Sep 30, 2023 | 10.85% |
| Jun 30, 2023 | 10.05% |
| Mar 31, 2023 | 9.13% |
| Dec 31, 2022 | 8.93% |
| Sep 30, 2022 | 8.30% |
| Jun 30, 2022 | 7.76% |
| Mar 31, 2022 | 9.01% |
| Dec 31, 2021 | 12.36% |
Planet Fitness Return on Invested Capital [ROIC] 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=return-on-invested-capital-%5Broic%5D&ticker=PLNT&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "return-on-invested-capital-[roic]", "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=return-on-invested-capital-%5Broic%5D&ticker=PLNT&period=max&api_key=YOUR_API_KEY");
const data = await res.json();