• Planet Fitness average price to free cash flow ratio for 2023 was 30.14, a 27.7% increase from 2022.
• Planet Fitness average price to free cash flow ratio for 2022 was 41.69, a 15.3% decline from 2021.
• Planet Fitness average price to free cash flow ratio for 2021 was 49.22, a 51.73% decline from 2020.

Price to free cash flow ratio can be defined as