Loading institutional data...
Loading institutional data...
Held by 410 of 5,944 reporting institutions (96th percentile) — extremely crowded.
Data as of Q1 2026
Loading snapshot...
Loading financials...
Loading valuation...
Loading quality & risk...
Loading dividends & returns...
Loading capital allocation...
Loading debt & leverage...
Loading performance...
Loading peer comparison...
Loading ownership map...
Loading crowding analysis...
Loading conviction analysis...
Loading buy/sell flow...
Loading ownership trends...
Loading top holders...
Loading top holders...
Total shares institutions bought (green) vs sold (red) each quarter across all holders.
Inferred from quarter-over-quarter change in each fund's 13F position (new stakes count as buys, exits as sells). Not tick-level trades.
Solve the discounted cash flow backwards, then stress-test the assumptions.
To be worth $49.91 today, the market must believe free cash flow compounds 12.2%/yr for a decade (off $213M normalized FCF).
The market's 12.2% is in line with its 9-yr track record.
2-stage DCF · 0.08B shares (market data) · net debt $2.1B
mean 1.9% · volatility σ 52% · implied rate exceeded in 3/8 yrs
Central path = implied 12.2%/yr growth; shaded band = ±1σ (52%) of this company's historical FCF volatility, widening with time. The wider the band, the less certain the growth.
Reverse DCF: rather than guessing a fair value, we solve for the growth the current price implies, then you stress-test the assumptions. Enterprise value of the FCF stream, less net debt, ÷ shares. Educational — not a recommendation.
Total return (dividends reinvested) vs the market, from quarter-end prices.
Above 0 = ahead of the S&P 500 since the window start; below 0 = behind. Rising means it's pulling ahead.
How far the stock fell below its prior peak. Deeper, longer drawdowns = a rougher ride to the same return.
Quarter-end, dividend-adjusted (total return). Beta & volatility from quarterly returns (annualized). Benchmark is the S&P 500 (SPY total return). Annual returns compound the quarters ending in each calendar year; the first and last years in a window may be partial. Past performance doesn't predict future results.
Top 40 institutional holders — bubble size is position value, color is the move since last quarter. Hover any holder for detail.
Drag any bubble to rearrange · size = dollar value of the position
Ranked against 490 sector peers with collected financials. Valuation from latest close × latest fiscal-year fundamentals; 13F conviction as of 2026-03-31.
Percentile is “goodness” within the peer set (100 = best). For valuation and leverage that means cheaper / less-levered ranks higher.
| Company | Mkt cap ▼ | P/E | EV/EBITDA | P/S | Rev gr | Gross | Net | ROE | ROIC | Net D/EBITDA | 13F |
|---|---|---|---|---|---|---|---|---|---|---|---|
| AMZN | $2.70T | — | — | — | — | — | — | 20.5% | 16.2% | — | 5,764 |
| TSLA | $1.37T | 339.1× | 145.5× | 14.5× | -2.9% | 18.0% | 4.0% | 4.6% | 4.2% | 0.9× | 4,029 |
| TM | $614.2B | 60.0× | 24.8× | 2.6× | 3.8% | 18.4% | 4.4% | 7.9% | 5.9% | 1.7× | 665 |
| PDD | $442.6B | 32.9× | 31.9× | 7.2× | 14.5% | 56.3% | 22.7% | 23.7% | 23.7% | — | 548 |
| HD | $301.3B | 21.3× | 14.3× | 1.8× | 3.2% | 33.3% | 8.6% | 110% | 22.8% | 2.0× | 3,970 |
| BABA | $201.7B | 135.7× | — | 1.4× | 8.1% | 39.8% | 10.1% | 9.8% | 9.8% | — | 1,298 |
| TJX | $140.1B | 26.0× | — | 2.3× | 7.1% | 31.0% | 9.1% | 53.9% | 42.1% | — | 2,608 |
| HTHT | $132.7B | 187.9× | 114.3× | — | — | — | — | 39.7% | 27.3% | 0.7× | 258 |
| SBUX | $109.9B | 59.3× | 26.8× | 3.0× | 2.8% | — | 5.0% | -22.9% | 23.3% | 3.4× | 2,252 |
| LOW | $108.9B | 16.4× | 12.0× | 1.3× | 3.1% | 33.5% | 7.7% | -67.1% | 22.3% | 3.2× | 2,591 |
| ABNB | $101.7B | — | 37.9× | 8.3× | 10.3% | 83.0% | 20.5% | 30.6% | 24.6% | 0.8× | 1,246 |
| MELI | $92.5B | 46.3× | — | 3.2× | 39.1% | 44.5% | 6.9% | 29.6% | 12.5% | — | 1,380 |
| MAR | $88.8B | 35.1× | 20.6× | 3.4× | 4.3% | — | 9.9% | -69.0% | -69.4% | 0.0× | 1,559 |
| LKNCY | $86.3B | 168.2× | 90.8× | 12.3× | 48.9% | — | 7.3% | 23.0% | 23.0% | — | 9 |
| GM | $78.3B | 26.5× | 3.9× | 0.4× | -1.3% | — | 1.5% | 4.4% | 4.4% | — | 1,447 |
| ROST | $74.0B | 34.7× | 22.0× | 3.3× | 7.7% | 27.7% | 9.4% | 34.7% | 27.8% | 0.5× | 1,276 |
| ORLY | $71.5B | 28.6× | 19.5× | 4.0× | 6.4% | 51.6% | 14.3% | -333% | 48.3% | 1.5× | 1,569 |
| HLT | $69.7B | 49.4× | 24.0× | 5.8× | 7.7% | — | 12.1% | -27.0% | -27.0% | — | 1,126 |
| RCL | $67.7B | 16.0× | — | 3.8× | 8.8% | 49.4% | 23.8% | 42.5% | 32.3% | — | 1,114 |
| SE | $62.0B | 40.2× | 24.6× | 2.7× | 36.4% | 44.7% | 6.9% | 12.6% | 12.6% | — | 718 |
| F | $54.2B | — | 4.5× | 0.3× | 1.2% | 6.8% | -4.4% | -22.7% | -22.7% | — | — |
| NKE | $53.9B | 17.3× | — | 1.2× | 0.2% | 42.9% | 6.7% | 20.9% | 13.6% | — | 1,848 |
| EBAY | $50.7B | 26.0× | 18.4× | 4.6× | 7.9% | 71.5% | 18.3% | 45.3% | 38.8% | 0.3× | 1,182 |
| AZO | $47.8B | 19.6× | 13.3× | 2.5× | 2.4% | 52.6% | 13.2% | -73.2% | 46.4% | 2.1× | 1,245 |
| CMG | $44.8B | 29.4× | 19.4× | 3.8× | 5.4% | — | 12.9% | 54.3% | 54.3% | 0.0× | 1,203 |
| PLNT | $3.8B | — | 11.5× | 2.9× | 12.1% | 82.6% | 16.5% | -45.4% | 11.0% | 4.8× | 410 |
Peers = companies sharing PLNT's sector (Consumer Cyclical) with collected SEC financials. Multiples use the most recent end-of-day close and latest fiscal-year fundamentals (trailing, not forward). Missing cells mean the peer never reported that line item, has no collected price, or has a non-positive denominator. Not investment advice.
EOD close · as of 2026-09-17
How a revenue dollar becomes profit — FY2025
Each value shows its share of revenue below it (common-size).
| Line Item | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $1.32B 100.0% | $1.18B 100.0% | $1.07B 100.0% | $936.8M 100.0% | $587.0M 100.0% | $406.6M 100.0% | $688.8M 100.0% | $572.9M 100.0% | $429.9M 100.0% | $378.2M 100.0% |
| Cost of Revenue | $230.3M 17.4% | $197.1M 16.7% | $190.0M 17.7% | $177.2M 18.9% | $101.0M 17.2% | — | $194.4M 28.2% | $162.6M 28.4% | $129.3M 30.1% | $122.3M 32.3% |
| Selling, General & Admin | $137.6M 10.4% | $129.1M 10.9% | $124.9M 11.7% | $114.9M 12.3% | $94.5M 16.1% | $68.6M 16.9% | $78.8M 11.4% | $72.4M 12.6% | $60.4M 14.0% | $50.0M 13.2% |
| Total Operating Expenses | $929.5M 70.2% | $857.5M 72.6% | $798.5M 74.5% | $706.7M 75.4% | $443.6M 75.6% | $346.9M 85.3% | $455.7M 66.2% | $388.9M 67.9% | $282.4M 65.7% | $262.6M 69.4% |
| Operating Income | $394.7M 29.8% | $324.2M 27.4% | $272.9M 25.5% | $230.1M 24.6% | $143.4M 24.4% | $59.8M 14.7% | $233.1M 33.8% | $184.0M 32.1% | $147.5M 34.3% | $115.7M 30.6% |
| Interest Expense | $108.2M 8.2% | $100.0M 8.5% | $86.6M 8.1% | $88.6M 9.5% | $81.2M 13.8% | $82.1M 20.2% | $60.9M 8.8% | $50.7M 8.9% | $35.3M 8.2% | $27.1M 7.2% |
| Interest & Investment Income | $23.0M 1.7% | $23.1M 2.0% | $17.7M 1.7% | $5.0M 0.5% | $878K 0.1% | $2.9M 0.7% | $7.1M 1.0% | $4.7M 0.8% | $54K 0.0% | $21K 0.0% |
| Other Income (Expense), net | -$85.7M -6.5% | -$77.5M -6.6% | -$65.3M -6.1% | -$68.6M -7.3% | -$91.4M -15.6% | -$74.3M -18.3% | -$59.9M -8.7% | -$52.2M -9.1% | $281.6M 65.5% | -$25.8M -6.8% |
| Pretax Income | $309.0M 23.3% | $246.7M 20.9% | $207.5M 19.4% | $161.4M 17.2% | $52.0M 8.9% | -$14.5M -3.6% | $173.2M 25.1% | $131.8M 23.0% | $429.2M 99.8% | $89.9M 23.8% |
| Income Tax Expense | $85.9M 6.5% | $68.4M 5.8% | $58.5M 5.5% | $50.5M 5.4% | $5.7M 1.0% | $687K 0.2% | $37.8M 5.5% | $28.6M 5.0% | $373.6M 86.9% | $18.7M 4.9% |
| Net Income | $219.1M 16.5% | $172.0M 14.6% | $138.3M 12.9% | $99.4M 10.6% | $42.8M 7.3% | -$15.0M -3.7% | $117.7M 17.1% | $88.0M 15.4% | $33.1M 7.7% | $21.5M 5.7% |
Source: SEC EDGAR XBRL filings (annual, fiscal year). Quarterly flow items are derived from cumulative filings; balance-sheet figures are as-of each period end. Ratios and margins are computed, not reported.
Is the value real, and is the business safe? Academic scores + earnings quality + solvency, from SEC filings.
6/8 of the 9 checks — 1 couldn't be scored (see above), so the score is out of the 8 with data.
Insufficient balance-sheet detail (needs retained earnings, working capital, equity).
Needs granular two-year detail (receivables, PP&E, D&A, SG&A) — not fully reported.
Earnings are backed by cash (FCF ≥ net income) — high quality. Lower/negative accruals = higher quality (Sloan).
Interest coverage is thin — monitor; leverage falling year-over-year.
F-Score (0–9 fundamental momentum), Altman Z (distress risk), and Beneish M (earnings-manipulation screen) are academic models computed from the SEC filings. Screens and context — educational, not recommendations.
What the company returns to shareholders — and whether it's covered by cash.
No dividend to cover. Last year: $0 dividends + $500M buybacks = $500M returned on $255M FCF.
Yields use the latest fiscal-year dividends/buybacks over current market cap. Dividends and buybacks from the SEC cash-flow statement; payout coverage vs net income and free cash flow. Educational — not a recommendation.
How management deployed cash over 10 years — and what it earned on reinvestment.
A balanced mix of reinvestment and shareholder returns.
Reinvestment has been productive — operating income grew well per dollar put in. Current ROIC on all capital: 11%. Rough measure (includes maintenance capex).
Cash uses aggregated from the SEC cash-flow statement over 10 fiscal years. "Return on reinvestment" is a rough proxy — operating-income change ÷ cumulative CapEx + M&A — and includes maintenance capex. Educational — not a recommendation.
How much the company owes, how it's trended, and how comfortably it's serviced.
Cash of $346M covers the $24M due within a year 14.5× over. Scheduled principal only (excludes interest & revolver draws). As of 2025-12-31 (10-K).
Green ≤ 1.5× · amber ≤ 3× · red > 3× (leverage relative to cash earnings).
Coverage is adequate but not comfortable. Effective rate ~4.4% on $2.5B of debt.
Cash of $346M fully covers short-term debt of $24M.
Mostly long-term debt (balance-sheet current vs non-current split). See the maturity ladder above for the year-by-year repayment schedule.
Debt, cash, interest and equity from the SEC balance sheet & income statement. Effective rate = interest ÷ average debt. Maturity ladder from the SEC long-term-debt repayment schedule. Educational — not a recommendation.
EOD close · as of 2026-09-17
Nothing notable to watch.
Is the profit real, and how strong is the balance sheet?
FY2025 · every deduction from revenue to net income
DuPont — the three levers
Returns are margin-driven, not leverage-driven — higher quality.
What the company owes vs. what it holds
Year-by-year maturities aren't in SEC companyfacts (footnote-only), so this shows the debt/cash structure and net leverage instead.
Latest year: profit growth vs revenue growth
High operating leverage: profit moved 1.8× as fast as sales — great in an upturn, painful in a downturn.
Each line as % of revenue — the trend in color
| % of revenue | FY2018 | FY2019 | FY2020 | FY2021 | FY2022 | FY2023 | FY2024 | FY2025 |
|---|---|---|---|---|---|---|---|---|
| Cost of Revenue | 28.4 | 28.2 | — | 17.2 | 18.9 | 17.7 | 16.7 | 17.4 |
| SG&A | 12.6 | 11.4 | 16.9 | 16.1 | 12.3 | 11.7 | 10.9 | 10.4 |
| Operating Income | 32.1 | 33.8 | 14.7 | 24.4 | 24.6 | 25.5 | 27.4 | 29.8 |
| Income Tax | 5.0 | 5.5 | 0.2 | 1.0 | 5.4 | 5.5 | 5.8 | 6.5 |
| Net Income | 15.4 | 17.1 | -3.7 | 7.3 | 10.6 | 12.9 | 14.6 | 16.5 |
Green = margin-favorable vs the row's own range · red = unfavorable.
The metrics that matter, over time
A 30-second read on PLNT: price, valuation, headline fundamentals, and an auto-generated scorecard from SEC filings. Flags are rule-based signals, not recommendations.