Six Flags Entertainment Corporation/NEW FUN
The Company is North America's largest regional amusement park operator with 26 amusement parks, 15 separately gated water parks and nine resort properties. Of the 41 amusement and water parks, 37 are located in the United States, two are located in Mexico and two are located in Canada. The parks are family-oriented, with recreational facilities for people of all ages, and provide clean and attractive environments with exciting rides and immersive entertainment. The Company generates revenue from sales of admission to the amusement parks and water parks, from purchases of food, merchandise and games both inside and outside the parks, from the sale of accommodations and other extra-charge products, and other revenue sources. The Company purchases rides and attractions, inventory, operating and maintenance supplies, and services from a variety of suppliers both domestic and abroad.
Valuation FY2025 figures against the last close
Annual financial statements
Income statement
| Fiscal year | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 |
|---|---|---|---|---|---|
| Revenue | $3.10B | $2.71B | $1.80B | $1.82B | — |
| Cost of revenue | $269.7M | $232.6M | $159.8M | $164.2M | — |
| Gross profit | $2.83B | $2.48B | $1.64B | $1.65B | — |
| SG&A | $439.4M | $411.2M | $207.1M | $176.3M | — |
| Total operating expenses | $4.48B | $2.40B | $1.49B | $1.30B | — |
| Operating income | -$1.38B | $310.5M | $306.2M | $519.9M | — |
| Pre-tax income | -$1.71B | $34.2M | $172.6M | $371.7M | — |
| Income tax | $164.0M | $240.8M | $48.0M | $64.0M | — |
| Net income | -$1.55B | -$206.7M | $124.6M | $307.7M | -$48.5M |
| EPS, basic | -15.89 | -3.22 | 2.45 | — | — |
| EPS, diluted | -15.89 | -3.22 | 2.42 | — | — |
| Shares, diluted (wtd. avg.) | $100.7M | $75.3M | $51.5M | — | — |
Balance sheet
| Fiscal year | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 |
|---|---|---|---|---|---|
| Cash and equivalents | $91.1M | $83.2M | $65.5M | $101.2M | $61.1M |
| Receivables | $160.3M | $124.9M | $79.5M | — | — |
| Inventory | $68.5M | $71.1M | $41.0M | — | — |
| Total current assets | $472.9M | $399.9M | $208.8M | — | — |
| Goodwill | $2.07B | $3.30B | $264.6M | $263.2M | — |
| Other intangibles | $722.5M | $897.8M | $49.1M | — | — |
| Total assets | $7.80B | $9.13B | $2.24B | — | — |
| Accounts payable | $74.2M | $107.1M | $37.6M | — | — |
| Short-term debt | $15.0M | $210.0M | $0 | — | — |
| Total current liabilities | $685.1M | $926.7M | $402.7M | — | — |
| Long-term debt | $5.17B | $4.72B | $2.28B | — | — |
| Retained earnings | -$1.76B | -$164.3M | — | — | — |
| Total equity | $549.8M | $2.04B | — | — | — |
Cash flow
| Fiscal year | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 |
|---|---|---|---|---|---|
| Operating cash flow | $327.5M | $373.4M | $325.7M | $407.7M | — |
| Stock-based compensation | $63.5M | $63.6M | $22.6M | $20.6M | — |
| Capital expenditure | $479.7M | $320.8M | $220.4M | $183.4M | — |
| Investing cash flow | -$479.7M | -$472.6M | -$220.4M | $126.6M | — |
| Financing cash flow | $155.4M | $118.0M | -$143.0M | -$489.6M | — |
Figures as tagged in each year's own filing, in US dollars. A year restated by a later filing shows the restated figure. Capital expenditure, dividends and buybacks are cash out, shown positive. A line the filer does not report is not listed. Latest from accession 0001193125-26-149736.
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