PL Stock — Planet Labs PBC

Planet Labs PBC (PL)

PL is a Stock. Total return is 85.4% over the past 5.4 years, 13.3 points behind SPY at 98.7%.

Planet Labs PBC designs, manufactures, and operates a constellation of satellites that capture daily high-resolution geospatial imagery of Earth, delivering this data to customers through a cloud-based platform for applications in agriculture, energy, forestry, finance, insurance, and government. The company generates revenue from subscriptions and services related to its satellite imagery data and from designing, building, and operating satellites for customers. This is an operating company without a regular distribution program, appealing to investors seeking exposure to the commercial satellite and geospatial data sectors rather than current income.

PL performance versus SPY

Data as of September 3, 2026.

Total return is 85.4% over the past 5.4 years, 13.3 points behind SPY at 98.7%. Its deepest 1-year drawdown was 62.5%.

PL key facts

Data as of September 3, 2026.

Asset type

Stock

Asset class

Equity

Inception date

04/26/2021

Distribution frequency

None

Last close

$18.35

Market cap

$6,108,875,196

Average volume

31495212.0

Beta

2.123

Payout ratio

0.0

Forward P/E

0.0

EPS

$-1.20

How Dividend Vision calculates yield and returns

Distribution rate (the posted rate) is the latest regular payout annualized by the fund's stated frequency, divided by the last close. Issuers often publish this as “Distribution Rate” on the fact sheet. Trailing-12-month yield is the sum of distributions paid in the last 12 months, split-adjusted, divided by the last close. It lags a recent raise or cut. We show a 30-day SEC yield when the fund publishes one. Schwab and other issuers may report a TTM distribution yield or SEC yield on a different date — all can be valid; they are not interchangeable. Total return uses split-adjusted close with distributions reinvested on the ex-dividend date (a modeling convention, not the cash-settlement date) from the first stored bar on or after inception through the latest bar, compared with the same window on the benchmark. That is the security's total return, not your personal gain/loss. Figures below use Dividend Vision data as of September 3, 2026.

Distribution rate methodology · Distribution Safety Score methodology · SEC yield

Sources and review

Data as of September 3, 2026.

Primary sources: prices and distributions from Dividend Vision, derived from vendor EOD data.

Reviewed by Bert Sweet, CEO and Co-owner of Dividend Vision. Methodology: Distribution Safety Score.

PL risks and drawbacks

Total return has trailed SPY over the available window. The deepest 1-year drawdown on record here is 62.5%.

Who may consider PL — and who may not

It is a weaker fit for investors who need monthly cash flow (PL does not currently distribute); investors hunting double-digit covered-call yields; investors whose main goal is matching SPY total return. This is educational context, not a recommendation to buy or sell.

Frequently asked questions