NYSE$PLNT
Planet Fitness Inc · Q4 2024 earnings
Q4 2024 earnings · · Before market open · Investor relations
Briefing
Planet Fitness reported strong Q4 2024 earnings with 19.4% revenue growth and significant membership expansion.
Planet Fitness delivered solid fourth-quarter results, with revenue growing 19.4% year-over-year to $340.5 million. Net income increased to $47.1 million, while adjusted net income rose to $59.7 million. The company expanded its footprint with 86 new club openings, bringing total locations to 2,722. Equipment segment revenue saw the highest growth at 49.2%, reflecting strong demand for fitness upgrades.
- Total revenue increased 19.4% to $340.5 million, driven by franchise and equipment sales growth.
- Net income attributable to Planet Fitness rose to $47.1 million, or $0.56 per diluted share.
- Adjusted EBITDA grew 14.4% to $130.8 million, highlighting operational efficiency.
- 86 new clubs opened in Q4, contributing to a total of 2,722 locations worldwide.
Headline financials
Revenue & EPS history
Planet Fitness · Revenue · Quarterly
$341M
Revenue by segment
Planet Fitness · $278M total across 3 segments · Q3 2023
- Corporate-Owned Clubs$113M+11.7%40.8%
- Franchise Segment$98.2M+21.7%35.4%
- Equipment Segment$66.1M+6.1%23.8%
Forward guidance
Planet Fitness expects continued growth in 2025, with projected revenue increasing by 10% and system-wide same-club sales growing 5-6%.
Tailwinds
- Revenue expected to grow by approximately 10% in FY 2025.
- System-wide same-club sales projected to increase 5-6%.
- Adjusted EBITDA anticipated to rise by 10%.
- 160-170 new club openings planned for the year.
- Expansion in high-margin equipment sales supporting profitability.
Headwinds
- Higher capital expenditures expected to increase by 25%.
- Net interest expense projected at approximately $86 million.
- Potential macroeconomic headwinds may impact discretionary spending.
- Increased operational costs from corporate-owned club expansion.
- Competitive pressure in the fitness industry remains a challenge.
Historical earnings impact
How earnings announcements have historically affected this stock's price.
Avg. return before/after earnings
Based on 20 quarterly earnings reports · overlaid with Q4 2024
+1.6%
Avg return
Earnings day
+2.5%
Avg return
5 days after
+3.4%
Avg return
30 days after
56%
24 / 43 earnings
Positive
+18.0%
Q3 2018
Best reaction
-32.5%
Q1 2026
Worst reaction
| Quarter | Report date | Reaction (Day 0) | +5 days | +30 days |
|---|---|---|---|---|
| Q1 2026 | -32.5% | -22.7% | -20.8% | |
| Q4 2025 | -7.6% | -9.5% | -16.9% | |
| Q3 2025 | +12.6% | +15.4% | +21.1% | |
| Q1 2025 | -4.7% | -7.8% | +3.8% | |
| Q4 2024 | -9.2% | -6.7% | -0.1% | |
| Q3 2024 | +12.6% | +11.9% | +18.0% | |
| Q2 2024 | +5.2% | +9.8% | +13.5% | |
| Q1 2024 | +5.0% | +6.4% | +10.1% | |
| Q4 2023 | -3.3% | -3.6% | -9.0% | |
| Q3 2023 | +11.6% | +16.3% | +23.3% | |
| Q2 2023 | -7.2% | -7.2% | -6.9% | |
| Q1 2023 | -14.7% | -13.8% | -21.9% | |
| Q4 2022 | +1.9% | +2.5% | -5.9% | |
| Q3 2022 | +11.3% | +15.5% | +24.4% | |
| Q2 2022 | -4.9% | -5.4% | -13.9% | |
| Q1 2022 | +1.5% | +5.2% | +2.1% | |
| Q4 2021 | -4.0% | -4.8% | -4.6% | |
| Q3 2021 | +15.9% | +14.4% | -2.4% | |
| Q2 2021 | -0.7% | -0.7% | +1.9% | |
| Q1 2021 | -5.2% | -5.2% | -7.4% | |
| Q4 2020 | -0.3% | +6.7% | -0.5% | |
| Q3 2020 | +1.1% | +9.9% | +13.0% | |
| Q2 2020 | -1.5% | +0.4% | +20.7% | |
| Q1 2020 | +5.2% | +4.8% | +28.0% | |
| Q4 2019 | -10.1% | -19.9% | -37.8% | |
| Q3 2019 | +11.2% | +13.8% | +21.0% | |
| Q2 2019 | -3.3% | -1.3% | -12.8% | |
| Q1 2019 | -3.6% | -1.6% | +1.4% | |
| Q4 2018 | +3.1% | +7.8% | +19.9% | |
| Q3 2018 | +18.0% | +16.8% | +19.4% | |
| Q2 2018 | +7.6% | +9.1% | +4.3% | |
| Q1 2018 | -6.7% | -2.3% | +3.3% | |
| Q4 2017 | +9.2% | +9.7% | +12.0% | |
| Q3 2017 | +12.1% | +12.4% | +20.5% | |
| Q2 2017 | +8.3% | +4.6% | +7.3% | |
| Q1 2017 | -1.3% | +0.6% | +6.1% | |
| Q4 2016 | -1.6% | -1.6% | -10.4% | |
| Q3 2016 | +9.6% | +8.3% | +10.4% | |
| Q2 2016 | +10.9% | +9.7% | -0.3% | |
| Q1 2016 | +3.6% | — | — | |
| Q4 2015 | +6.1% | — | — | |
| Q3 2015 | +6.2% | — | — | |
| Q2 2015 | +2.0% | — | — | |
| Q4 2014 | — | — | — | |
| Q3 2014 | — | — | — | |
| Q2 2014 | — | — | — | |
| Q1 2014 | — | — | — |
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