Planet Fitness Inc (Planet Fitness) operates fitness centers. The company offers purple and yellow Planet Fitness-branded cardio, circuit- and weight-training equipment. It also provides staff trainers who provide free fitness instructions through its PE@PF program. Planet Fitness offers the sale of equipment to franchisee-owned stores. The company provides fitness training series through its mobile application. It owns and operates a chain of gyms in various state of the US includes Delaware, New Hampshire, New Jersey, New York, Florida, South Carolina, Georgia and California, among others. The company operates in Canada, Australia, and Mexico, Puerto Rico. Planet Fitness is headquartered in Hampton, New Hampshire, the US.
Headquarters
United States of America
Address
4 Liberty Lane West, Hampton, New Hampshire, 03842
Website
investor.planetfitness.com
Telephone
1 603 7500001
No of Employees
2,795
Industry
Business and Consumer Services
Ticker Symbol & Exchange
PLNT (NYSE)
Revenue (2022)
$936.8M
59.6%
(2022 vs 2021)
EPS
XYZ
Net Income (2022)
XYZ
132.4%
(2022 vs 2021)
Market Cap*
$5.3B
Net Profit Margin (2022)
XYZ
45.5%
(2022 vs 2021)
* As of and is in US$
Planet Fitness Inc premium industry data and analytics
Products and Services
| Services |
|---|
| Franchise Services |
| Fitness Centers Operators |
| Membership and Training |
History
History section provides information on new products, mergers, acquisitions, expansions, approvals, and many more key events.
| Year | Event | Description |
|---|---|---|
| 2024 | Corporate Changes/Expansions | In January, the company launched a new location in Lancaster, Pennsylvania, the US. |
| 2023 | Corporate Changes/Expansions | In December, the company opened a location in Oak Ridge North, Texas, the US. |
| 2023 | Contracts/Agreements | In March, the company announced to collaborate with Amazon Halo to provide more people with the tools and resources they need to achieve their fitness goals. |
Competitor Comparison
| Key Parameters | Planet Fitness Inc | Peloton Interactive Inc | Life Time Group Holdings Inc | WW International, Inc. | Town Sports International Holdings, Inc. |
|---|---|---|---|---|---|
| Headquarters | United States of America | United States of America | United States of America | United States of America | United States of America |
| City | Hampton | New York City | Chanhassen | New York | New York |
| State/Province | New Hampshire | New York | Minnesota | New York | New York |
| No. of Employees | 2,795 | 3,497 | 8,800 | 7,100 | 1,900 |
| Entity Type | Public | Public | Public | Public | Private |
Key Financial Charts
Sales Growth
Net Income Growth
Executives
| Name | Position | Board | Since | Age |
|---|---|---|---|---|
| Stephen Spinelli | Chairman | Executive Board | 2012 | 68 |
| Craig R. Benson | Chief Executive Officer - Interim; Director | Executive Board | 2023 | 68 |
| Thomas Fitzgerald | Chief Financial Officer | Senior Management | 2020 | 62 |
| Edward Hymes | Chief Operating Officer; President | Senior Management | 2023 | 55 |
| Brian O’Donnell | Vice President; Chief Accounting Officer | Senior Management | - | - |
| Non Dignissim Eros | Proin vel | Convallis | 2024 | XY |
| Non Dignissim Eros | Proin vel | Convallis | 2024 | XY |
| Non Dignissim Eros | Proin vel | Convallis | 2024 | XY |
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