United Parks & Resorts Inc. PRKS
We are a leading theme park and entertainment company providing experiences that matter and inspiring guests to protect animals and the wild wonders of our world. We own or license a portfolio of recognized brands including SeaWorld, Busch Gardens, Aquatica, Discovery Cove and Sesame Place. Over our more than 65-year history, we have developed a diversified portfolio of 13 differentiated theme parks that are grouped in key markets across the United States and in the United Arab Emirates. Many of our theme parks showcase our one-of-a-kind zoological collection and feature a diverse array of both thrill and family-friendly rides, educational presentations, shows and/or other attractions with broad demographic appeal which deliver memorable experiences and a strong value proposition for our guests.
Valuation FY2025 figures against the last close
Annual financial statements
Income statement
| Fiscal year | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $1.66B | $1.73B | $1.73B | $1.73B | $1.50B | $431.8M | $1.40B | $1.37B | $1.26B | $1.34B |
| SG&A | $227.7M | $216.9M | $221.2M | $200.1M | $184.9M | $94.9M | $261.7M | $229.7M | $228.8M | $238.6M |
| Total operating expenses | $1.30B | $1.26B | $1.27B | $1.22B | $1.07B | $673.4M | $1.19B | $1.22B | $1.46B | $1.28B |
| Operating income | $365.4M | $463.3M | $459.8M | $507.5M | $432.0M | -$241.7M | $213.2M | $151.7M | -$201.4M | $59.6M |
| Interest expense | $134.1M | $167.8M | $146.7M | $117.5M | $116.6M | $100.9M | $84.2M | $80.9M | $78.0M | $62.7M |
| Pre-tax income | $226.5M | $291.5M | $313.1M | $390.1M | $256.3M | -$342.8M | $129.0M | $62.7M | -$287.4M | -$3.2M |
| Income tax | $58.2M | $64.0M | $78.9M | $98.9M | $164.0K | $30.5M | $39.5M | $17.9M | $85.0M | $9.3M |
| Net income | $168.4M | $227.5M | $234.2M | $291.2M | $256.5M | -$312.3M | $89.5M | $44.8M | -$202.4M | -$12.5M |
| EPS, basic | 3.09 | 3.82 | 3.66 | 4.18 | 3.28 | -3.99 | 1.11 | 0.52 | -2.36 | -0.15 |
| EPS, diluted | 3.06 | 3.79 | 3.63 | 4.14 | 3.22 | -3.99 | 1.10 | 0.52 | -2.36 | -0.15 |
| Shares, diluted (wtd. avg.) | $55.0M | $60.0M | $64.5M | $70.3M | $79.6M | $78.2M | $81.0M | $86.9M | $85.8M | $84.9M |
Balance sheet
| Fiscal year | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash and equivalents | $99.8M | $115.9M | $246.9M | $82.3M | $444.5M | $435.2M | $40.9M | $35.0M | $34.0M | $69.4M |
| Receivables | $77.3M | $79.4M | $73.8M | $71.0M | $76.9M | $30.4M | $49.7M | $58.0M | $38.4M | $36.7M |
| Inventory | $51.6M | $45.8M | $49.2M | $55.2M | $29.5M | $30.7M | $33.2M | $35.8M | $30.9M | $28.7M |
| Total current assets | $282.8M | $270.4M | $390.2M | $233.7M | $567.4M | $507.4M | $169.1M | $146.6M | $118.8M | $153.7M |
| Property, plant and equipment | $1.92B | $1.89B | $1.84B | $1.71B | $1.65B | $1.66B | $1.73B | $1.69B | $1.68B | $1.67B |
| Goodwill | $66.3M | $66.3M | $66.3M | $66.3M | $66.3M | $66.3M | $66.3M | $66.3M | $66.3M | $335.6M |
| Other intangibles | — | — | — | — | — | — | — | $15.3M | $17.6M | $22.2M |
| Total assets | $2.62B | $2.57B | $2.63B | $2.33B | $2.61B | $2.57B | $2.30B | $2.12B | $2.09B | $2.38B |
| Accounts payable | — | — | — | — | — | — | — | $120.0M | $100.6M | $87.7M |
| Short-term debt | $15.4M | $15.4M | $12.0M | $12.0M | $12.0M | $15.5M | $65.5M | $45.5M | $38.7M | $51.7M |
| Total current liabilities | $384.7M | $412.9M | $410.9M | $409.2M | $372.0M | $317.1M | $402.7M | $310.7M | $253.5M | $263.6M |
| Long-term debt | $2.22B | $2.23B | $2.09B | $2.10B | $2.10B | $2.18B | $1.48B | $1.49B | $1.50B | $1.53B |
| Total liabilities | $3.05B | $3.04B | $2.83B | $2.76B | $2.64B | $2.67B | $2.09B | $1.85B | $1.80B | $1.92B |
| Retained earnings | $805.9M | $637.6M | $410.1M | $175.9M | -$115.3M | -$371.8M | -$59.5M | -$149.0M | -$194.8M | $7.5M |
| Total equity | -$435.8M | -$461.5M | -$208.2M | -$437.7M | -$33.9M | -$105.8M | $210.9M | $265.2M | $287.5M | $461.2M |
Cash flow
| Fiscal year | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 |
|---|---|---|---|---|---|---|---|---|---|---|
| Operating cash flow | $380.1M | $480.1M | $504.9M | $564.6M | $503.0M | -$120.7M | $348.4M | $293.9M | $192.5M | $280.4M |
| Depreciation and amortisation | $168.0M | $158.2M | $151.7M | $151.5M | $146.5M | $148.0M | $156.2M | $155.0M | $155.2M | $191.5M |
| Stock-based compensation | $17.2M | $13.7M | $17.0M | $18.2M | $39.7M | $7.5M | $11.1M | $22.2M | $23.2M | $37.5M |
| Capital expenditure | $217.5M | $248.4M | $304.8M | $200.7M | $128.9M | $109.2M | $195.2M | $179.8M | $172.5M | $160.5M |
| Investing cash flow | -$217.5M | -$248.5M | -$305.6M | -$200.7M | -$128.9M | -$109.2M | -$195.2M | -$180.0M | -$170.9M | -$160.5M |
| Financing cash flow | -$178.7M | -$362.7M | -$34.7M | -$726.0M | -$364.9M | $624.2M | -$147.3M | -$112.9M | -$57.0M | -$70.1M |
| Dividends paid | — | — | — | — | — | — | — | $325.0K | $1.5M | $65.3M |
| Buybacks | $160.4M | $482.9M | $17.9M | $693.6M | $215.7M | $12.4M | $150.0M | $98.0M | — | — |
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 0001193125-26-197833.
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