Planet Fitness Balance Sheet
NYSE: PLNTConsumer DiscretionaryHotels/ResortsUSD
At close: Oct 9, 4:00 PM ET · Delayed 15 min
Planet Fitness financial position
At the end of fiscal 2025, Planet Fitness reported total assets of $3.10 billion, up 1.1% from a year earlier against total liabilities of $3.59 billion. Shareholders' equity was negative at -$482.8 million, meaning liabilities exceed assets; this is often the result of large share buybacks or accumulated losses. The company held $345.7 million in cash and equivalents against $2.48 billion of debt, a net debt position of $2.14 billion.
The current ratio (current assets divided by current liabilities) was 2.11, meaning short-term assets cover obligations due within a year.
Summary generated from market data by MetaCap's automated system. Methodology
Planet Fitness balance sheet (annual)
| Fiscal year (USD) | FY 20252025-12-31 | FY 20242024-12-31 | FY 20232023-12-31 | FY 20222022-12-31 | FY 20212021-12-31 | FY 20202020-12-31 | FY 20192019-12-31 | FY 20182018-12-31 | FY 20172017-12-31 | FY 20162016-12-31 |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash & Equivalents | 345.65M | 293.15M | 275.84M | 409.84M | 545.91M | 439.48M | 436.26M | 289.43M | 113.08M | 40.39M |
| Short-Term Investments | 106.76M | 114.16M | 74.90M | 0 | — | — | — | — | — | — |
| Receivables | 70.43M | 77.14M | 41.89M | 46.24M | 27.26M | 16.45M | 42.27M | 38.96M | 37.27M | 26.87M |
| Inventory | 7.58M | 6.15M | 4.68M | 5.27M | 1.16M | 473.00K | 877.00K | 5.12M | 2.69M | 1.80M |
| Total Current Assets | 658.39M | 588.02M | 471.82M | 555.53M | 662.41M | 566.82M | 540.14M | 388.54M | 177.00M | 91.22M |
| Property, Plant & Equipment | 466.75M | 423.99M | 390.40M | 348.82M | 173.69M | 160.68M | 145.48M | 114.37M | 83.33M | 61.24M |
| Goodwill | 712.45M | 720.63M | 717.50M | 702.69M | 228.57M | 227.82M | 227.82M | 199.51M | 176.98M | 176.98M |
| Intangible Assets | 286.41M | 323.32M | 372.51M | 417.07M | 200.94M | 217.07M | 233.92M | 234.33M | 235.66M | 253.86M |
| Long-Term Investments | 88.26M | 65.67M | 50.89M | 0 | — | — | — | — | — | — |
| Total Assets | 3.10B | 3.07B | 2.97B | 2.85B | 2.02B | 1.85B | 1.72B | 1.35B | 1.09B | 1.00B |
| Accounts Payable | 39.68M | 32.89M | 23.79M | 20.58M | 27.89M | 19.39M | 21.27M | 30.43M | 28.65M | 28.51M |
| Short-Term Debt | 23.88M | 22.50M | 20.75M | 20.75M | 17.50M | 17.50M | 17.50M | 12.00M | 7.18M | 7.18M |
| Total Current Liabilities | 312.49M | 282.50M | 251.33M | 244.53M | 176.61M | 111.89M | 145.48M | 131.40M | 112.03M | 83.27M |
| Long-Term Debt | 2.46B | 2.15B | 1.96B | 1.98B | 1.74B | 1.75B | 1.69B | 1.16B | 696.58M | 702.00M |
| Total Liabilities | 3.59B | 3.29B | 3.09B | 3.07B | 2.66B | 2.56B | 2.42B | 1.74B | 1.23B | 1.22B |
| Shareholders' Equity | -482.78M | -215.38M | -115.65M | -199.01M | -645.36M | -705.87M | -706.46M | -374.57M | -119.49M | -130.76M |
| Retained Earnings | -1.11B | -822.16M | -691.46M | -703.72M | -708.80M | -751.58M | -736.59M | -394.41M | -130.97M | -164.06M |
| Total Debt | 2.48B | 2.17B | 1.98B | 2.00B | 1.76B | 1.77B | 1.71B | 1.17B | 703.76M | 709.19M |
| Net Cash (Debt) | -2.03B | -1.76B | -1.63B | -1.59B | -1.21B | -1.33B | -1.27B | -882.70M | -590.68M | -668.79M |
This table shows 10 annual periods of Planet Fitness's balance sheet, from FY 2025 back to FY 2016, across 19 line items including cash & equivalents, short-term investments, receivables. Values in USD; B = billions, M = millions. Fiscal periods follow PLNT's reporting calendar. What is a balance sheet?