Planet Fitness, Inc. (PLNT) financial statements (2020 and earlier)

Company profile

Business Address 4 LIBERTY LANE WEST
HAMPTON, NH 03842
State of Incorp. DE
Fiscal Year End December 31
SIC 7997 - Membership Sports and Recreation Clubs (benchmarking)
More info Complete financial analysis Financial benchmarking

Balance sheet (Statement of financial position) ($ in millions)

12/31/2019
12/31/2018
12/31/2017
12/31/2016
12/31/2015
ASSETS
Current Assets
Cash, cash equivalents, and short-term investments4362891134031
Cash and cash equivalents4362891134031
Receivables5258574224
Inventory, net of allowances, customer advances and progress billings15325
Inventory15325
Prepaid expense85445
Other current assets    6
Other undisclosed current assets4331032
Total current assets:5403891779173
Noncurrent Assets
Property, plant and equipment145114836156
Intangible assets, net (including goodwill)462434413431451
Goodwill228200177177177
Intangible assets, net (excluding goodwill)234234236254274
Other noncurrent assets221282
Other undisclosed noncurrent assets568415408410117
Total noncurrent assets:1,177965915910626
TOTAL ASSETS:1,7171,3531,0921,001699
LIABILITIES AND EQUITY
Liabilities
Current Liabilities
Accounts payable and accrued liabilities5363474838
Accounts payable2130292924
Accrued liabilities3232191914
Debt1812775
Liability for uncertainty in income taxes003  
Due to related parties    3
Deferred revenue and credits23191815
Customer advances and deposits8626
Other liabilities180000
Other undisclosed current liabilities5724298 
Total current liabilities:1451311128366
Noncurrent Liabilities
Long-term debt and lease obligation1,6881,160697702480
Long-term debt, excluding current maturities1,6881,160697702480
Liabilities, other than long-term debt37402023154
Deferred revenue and credits36151317
Contract with customer, liability34 
Deferred tax liabilities, net221 
Liability for uncertainty in income taxes0  3 
Due to related parties    137
Other liabilities31450
Other undisclosed noncurrent liabilities555404400408 
Total noncurrent liabilities:2,2791,6051,1171,133634
Total liabilities:2,4251,7361,2291,216700
Stockholders' equity
Stockholders' equity attributable to parent, including:(706)(375)(119)(131)(15)
Additional paid in capital302012340
Accumulated other comprehensive income (loss)00(1)(1)(2)
Accumulated deficit(737)(394)(131)(164)(14)
Other undisclosed stockholders' equity attributable to parent0000 
Stockholders' equity attributable to noncontrolling interest(1)(8)(17)(84) 
Total stockholders' equity:(708)(383)(137)(215)(15)
Other undisclosed liabilities and equity    14
TOTAL LIABILITIES AND EQUITY:1,7171,3531,0921,001699

Income statement (P&L) ($ in millions)

12/31/2019
12/31/2018
12/31/2017
12/31/2016
12/31/2015
Revenues689573430378331
Revenue, net7430378331
Cost of revenue(194)(163)(129)(122)(113)
Gross profit:494410301256217
Operating expenses(123)(108)(92)(82)(88)
Other operating income (expense), net(2)(1)(0)10
Other undisclosed operating loss(136)(118)(61)(60)(57)
Operating income:23318414811672
Nonoperating income (expense)(60)(52)282(26)(25)
Other nonoperating income (expense)(6)(6)3171(0)
Interest and debt expense(61)(5)(3)(5)(2)
Other undisclosed income from continuing operations before equity method investments, income taxes615352
Income from continuing operations before income taxes:1731324299047
Income tax expense(38)(29)(374)(19)(9)
Net income:135103567138
Net loss attributable to noncontrolling interest(18)(15)(22)(50)(20)
Net income available to common stockholders, diluted:11888332219

Comprehensive Income ($ in millions)

12/31/2019
12/31/2018
12/31/2017
12/31/2016
12/31/2015
Net income:135103567138
Other comprehensive income (loss)011(0)(1)
Comprehensive income:136104577137
Comprehensive loss, net of tax, attributable to noncontrolling interest(18)(15)(23)(50)(20)
Comprehensive income, net of tax, attributable to parent:11889342217

Statements sources

The financial statements are based on the company's filings with the The U.S. Securities and Exchange Commission (SEC) through the Electronic Data Gathering, Analysis, and Retrieval system (EDGAR). The information is derived from the 10-K and 10-Q reports submitted to the SEC in XBRL (eXtensible Business Reporting Language) format and presented according to the US GAAP Taxonomy. Please review the original filings for a more detailed information.

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