Who Owns Planet Fitness? | ChampSignal
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Who Owns Planet Fitness?

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Explore the ownership hierarchy of Planet Fitness. See parent companies, holding structures, and ultimate controllers.

Ownership Chain

Planet Fitness

Best for consumers
Est. 1992   •  1k+ employees   •  Public (NYSE:PLNT)

Planet Fitness is a publicly traded American chain and franchisor of low-cost fitness centers known for its "Judgement Free Zone" gyms.

Starts at $15 / user / month

Planet Fitness appears to be independent with no known parent company.

Major Shareholders

Planet Fitness

Major Shareholders

NameTypeOwnershipVotingAs of
T. Rowe Price Investment Management, Inc. Largest reported institutional holder. A Schedule 13G/A filed with the U.S. SEC shows beneficial ownership of approximately 8.41 million Planet Fitness Class A shares, representing 10.0% of the class as of March 31, 2025. Later 13F data for September 30, 2025 indicates a modest increase in shares but a similar percentage stake.
Institutional10.0%10.0%Mar 2025
The Vanguard Group, Inc. Large passive asset manager holding Planet Fitness primarily through index and mutual funds. A Schedule 13G filing reports beneficial ownership of 8,076,794 Class A shares, or 9.45% of the class, as of December 29, 2023. Subsequent 13F data around September 30, 2025 shows holdings of about 8.11 million shares, implying a stake just under 10%.
Institutional9.4%9.4%Dec 2023
BlackRock, Inc. Global asset manager and one of the largest shareholders. A Schedule 13G/A filed April 24, 2025 reports BlackRock beneficially owning 7,653,346 Planet Fitness Class A shares, representing 9.1% of the class as of March 31, 2025. 13F-based estimates for September 30, 2025 suggest the position increased to roughly 9.25 million shares (about 10–11% of the company).
Institutional9.1%9.1%Mar 2025
T. Rowe Price Associates, Inc. Another T. Rowe Price investment advisory affiliate holding a significant additional stake. A Schedule 13G filed November 14, 2025 discloses beneficial ownership of approximately 5,133,976 Class A shares, equal to 6.1% of the class as of September 30, 2025. Some third‑party data mislabel this position under T. Rowe Price International, but share counts and percentages match the Associates, Inc. filing.
Institutional6.1%6.1%Sep 2025
SRS Investment Management, LLC Hedge fund led by Karthik R. Sarma and a long‑time Planet Fitness shareholder. A Schedule 13G/A filed November 12, 2024 reports SRS beneficially owning 4,702,165 Class A shares, representing 5.6% of the class as of September 30, 2024. More recent 13F filings and news coverage in 2025 indicate a similar stake of about 4.67 million shares (roughly 5.5%).
Institutional5.6%5.6%Sep 2024

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