• Planet Fitness average operating margin for 2023 was 24.73%, a 2.83% increase from 2022.
• Planet Fitness average operating margin for 2022 was 24.05%, a 7.65% increase from 2021.
• Planet Fitness average operating margin for 2021 was 22.34%, a 0.4% increase from 2020.

Operating margin can be defined as operating margin measurement of what proportion of a company's revenue is left over after paying for variable costs of production such as wages, raw materials, etc.