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COMPANY BENCHMARKING • UNITED STATES

24 Hour Fitness USA Inc. - Company Profile

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24 Hour Fitness USA Inc. - Overview

Description
24 Hour Fitness USA Inc. is a private company with an estimated 9,176 employees. In the US, the company has a notable market share in at least one industry: Gym, Health & Fitness Clubs, where they account for an estimated 1.2% of total industry revenue and are considered an Incumbent because they display strong market share, but lower profit and revenue growth than some of their peers.
Company Details

Registered Name: 24 Hour Fitness USA Inc.

Company Type: Other

Employees: 9176

24 Hour Fitness USA Inc. - Operating Industries and Main Competitors

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24 Hour Fitness USA Inc. - Products and Services

  • Gym, Health & Fitness Clubs in the US

    • Of the 7 core revenue-generating products and services in the Gym, Health & Fitness Clubs in the US industry, 24 Hour Fitness USA Inc. offers:
    • Meals and beverages
    • Membership fees
    • Merchandise sales
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24 Hour Fitness USA Inc. - Analyst Insights

24 Hour Fitness USA Inc. filed for Chapter 11 bankruptcy in June 2020.

As the pandemic raged 24 Hour Fitness USA Inc were unable to repay their debts. After consulting with FTI on restructuring, the company was able to emerge from bankruptcy on Dec. 2020 with a comprehensive recovery plan for the future. This restructure was successful in eliminating an estimated $1.2 billion in funded debt.

COVID|Structural


In response to volatile demand in the wake of the first COVID-19 surge, the company undertook a comprehensive cost reduction program, aimed at shoring up labor and supply costs.

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24 Hour Fitness USA Inc. - SWOT Analysis

Strengths and weaknesses take into account internal factors, and are based on 24 Hour Fitness USA Inc.'s performance in comparison to its competitors. Opportunities and Threats focus on external influences, and are based on trends and demand in the Gym, Health & Fitness Clubs in the US industry.
Strengths
Days Receivables: x.x%
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Rank: 2 of 3 peers
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Annual Turnover: x.x%
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Rank: 2 of 3 peers
Lorem Ipsum is simply dummy text of the printing and typesetting industry. Lorem Ipsum has been the industry's standard dummy text ever since the 1500s, when an unknown printer took a galley of type and scrambled it to make a type specimen book.
Weaknesses
Credit Risk: x.x%
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Rank: 2 of 3 peers
Lorem Ipsum is simply dummy text of the printing and typesetting industry. Lorem Ipsum has been the industry's standard dummy text ever since the 1500s, when an unknown printer took a galley of type and scrambled it to make a type specimen book.
Revenue per Employee: $xx
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Rank: 2 of 3 peers
Lorem Ipsum is simply dummy text of the printing and typesetting industry. Lorem Ipsum has been the industry's standard dummy text ever since the 1500s, when an unknown printer took a galley of type and scrambled it to make a type specimen book.
Opportunities
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Threats
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24 Hour Fitness USA Inc. - Financial Statements & Ratios

pie_chart24 Hour Fitness USA Inc. Income Statement

BALANCE DATE12/31/2022
Revenue424.3
Cost of Revenue0000
Cost of Revenue, Non-Cash0000
Gross Profit0000
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pie_chart24 Hour Fitness USA Inc. Balance Sheet

BALANCE DATE12/31/2022
Cash and EquivalentsN/A
Short-Term Investments0000
Derivative Assets, Current0000
Restricted Cash and Investments0000
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pie_chart24 Hour Fitness USA Inc. Cash Flow

BALANCE DATE12/31/2022
Net IncomeN/A
Income (Loss) From Discontinued Operations0000
Depreciation, Depletion and Amortization0000
Amortization of Financing Costs and Discounts0000
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