FUNNYSEServices-Amusement & Recreation ServicesUS GAAP · USD

Six Flags Entertainment Corporation/NEW

Six Flags Entertainment Corporation is a U.S.-based regional amusement park operator with a portfolio of amusement parks, separately gated water parks, and resort properties across North America. Its business centers on admission sales, in-park food and merchandise, games, accommodations, and other guest-paid experiences tied to branded family entertainment destinations.

Kysy yhtiöstä
Liikevaihto3 100milj. USD
+14,4 %v/v
Liikevoitto (EBIT)−1 375milj. USD
−542,8 %v/v
EBIT-marginaali−44,4%
−55,8 %-yks.v/v
Nettotulos−1 599milj. USD
−591,8 %v/v
Vapaa kassavirta327milj. USD
−12,3 %v/v

Tilikausi 2025 · muutos edellisvuodesta

Kehitys 2021–2025

−2 000−1 00001 0002 0003 0004 000milj. USD20212022: 1 817 milj. USD2022: EBIT 520 milj. USD20222023: 1 799 milj. USD2023: EBIT 306 milj. USD20232024: 2 709 milj. USD2024: EBIT 311 milj. USD20242025: 3 100 milj. USD2025: EBIT −1 375 milj. USD20253 100−1 375
LiikevaihtoLiikevoitto (EBIT)
Kysy Clarifolta: Six Flags Entertainment Corporation/NEW

Liiketoiminta

Osuus liikevaihdosta
Park admissions45 %

Ticket and pass revenue from amusement parks and water parks.

In-park spending30 %

Food, beverage, merchandise, games, and other guest purchases inside parks.

Resort and lodging15 %

Hotel, resort, and accommodation revenue tied to park visits and stays.

Extra-charge products7 %

Premium access, add-ons, and other guest-paid upsell products.

Brand and management fees3 %

Licensing, design, development, and management fees from branded projects.

Tuotteet

Raportoitu · osuus liikevaihdosta
51,1%33,5%15,4%FY2025100 %
  • Admission51,1 %
  • Food Merchandiseand Gaming33,5 %
  • Accommodations Extra Charge Products and Other15,4 %

Lähde: 10-K FY2025, yhtiön tuotelinjoittain raportoima liikevaihto (SEC XBRL). Osuudet on laskettu näytetyistä riveistä ja ne summautuvat 100 %:iin.

Asiakkaat

The company serves families and young guests, especially ages 12 through 24, who are drawn to rides, live entertainment, and short-distance regional leisure trips. It also sells to season pass holders, day visitors, and resort guests who want bundled entertainment, food, and lodging in a single destination. Corporate sponsors and brand partners are an additional customer group for co-marketing and sponsorship programs.

Families

Buy admissions, food, and bundled park experiences for affordable out-of-home entertainment.

Young guests ages 12-24

Buy thrill-oriented park access and premium experiences centered on rides and attractions.

Season pass holders

Purchase passes and return visits, supporting repeat attendance and recurring park traffic.

Resort and lodging guests

Buy accommodations and longer-stay packages tied to park destinations.

Corporate sponsors

Buy sponsorships and co-marketing placements linked to park brands and guest traffic.

Strategia

The company is focused on improving guest value, attendance, and per-capita spending while using pricing, marketing, and product refreshes to strengthen park-level performance. It is also pursuing portfolio optimization and capital investment to concentrate on higher-return assets, reduce complexity, and support a more flexible operating base.

Improve guest value and attendanceLyhyt aikaväli

Higher attendance drives admissions, food, merchandise, and lodging revenue across the park network.

Increase in-park spendingLyhyt aikaväli

Pricing and product mix changes can lift revenue per guest without requiring new parks.

Expand out-of-park revenueKeskipitkä aikaväli

Resorts and sponsorships diversify revenue away from pure gate admissions.

Portfolio optimizationKeskipitkä aikaväli

A more focused park base can reduce capital intensity and liability exposure.

Maantiede

Q1/2026

The company operates primarily in the United States, with additional parks in Mexico and Canada. Its park network is spread across major regional markets in North America, which makes local attendance, weather, and drive-time catchment areas important to performance. The business also has exposure to imported rides and equipment, plus currency and operating risks in Canada and Mexico.

USA89 %
Other countries (US filing)11 %

Osuus liikevaihdosta, jonka yhtiö raportoi maantieteellisesti.

Riskit

The business is exposed to attendance volatility, weather, seasonality, and consumer spending patterns because most revenue is concentrated in peak operating months. It also faces integration, cybersecurity, labor, insurance, and supply-chain risks, including imported ride sourcing, tariffs, and specialized manufacturing dependencies.

Järjestetty vakavuuden mukaan
MatalaKohtalainenKorkeaMatalaKohtalainenKorkeaVaikutus →Todennäköisyys →Seasonality and weather dependence1Integration of the combined company2Cybersecurity and data privacy3Supply-chain and tariff exposure4Labor and insurance cost inflation5
Vaikutus on riskin vakavuus ja todennäköisyys sen toteutumisen todennäköisyys lähivuosina, molemmat arvioitu yhtiön raporttien perusteella. Numerot vastaavat listaa.
  1. Seasonality and weather dependenceVaikutus: KorkeaTodennäköisyys: Korkea

    A large share of annual attendance and revenue occurs in the second and third quarters, so bad weather can materially affect results.

    Kohdistuu: Peak summer operating months

  2. Integration of the combined companyVaikutus: KorkeaTodennäköisyys: Kohtalainen

    Combining park systems, processes, and cultures can delay synergies and create execution risk.

    Kohdistuu: Post-merger operations

  3. Cybersecurity and data privacyVaikutus: KorkeaTodennäköisyys: Kohtalainen

    The company stores payment and personal data, making breaches potentially costly and reputationally damaging.

    Kohdistuu: Guest and employee data systems

  4. Supply-chain and tariff exposureVaikutus: KeskitasoTodennäköisyys: Korkea

    Rides and attractions are sourced globally and may be affected by tariffs, trade policy, and shipping disruptions.

    KohdistuuImported ridesEquipmentSupplies
  5. Labor and insurance cost inflationVaikutus: KeskitasoTodennäköisyys: Korkea

    Park operations rely on seasonal labor and are exposed to wage, insurance, and general inflation pressure.

    Kohdistuu: Park operating expenses

Kysy Clarifolta: Six Flags Entertainment Corporation/NEW

Kirjanpito

Harkinnanvaraiset erät
Seasonality

Revenue and attendance are concentrated in peak quarters, so interim results are not evenly comparable across the year.

Vaikutus: Quarterly revenue, EBITDA, and operating leverage

Goodwill and intangible impairment

Large park and brand assets require periodic impairment testing and can generate significant noncash charges.

Vaikutus: Reported earnings and equity

Acquisition accounting

Mergers and park acquisitions require fair value allocation of assets and liabilities, affecting future depreciation and amortization.

Vaikutus: Balance sheet values and future expense recognition

Lease accounting

Park properties and related facilities may involve significant lease commitments and right-of-use assets.

Vaikutus: Debt-like obligations and operating expense presentation

Samankaltaisia listattuja yhtiöitä

Julkisesti listattuja yhtiöitä, joilla on samankaltainen liiketoiminta.

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Inspired Entertainment, Inc.

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Comcast Corporation

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Southwest Airlines Company

LUV · Air Transportation, Scheduled

Päivitetty: 24.9.2026

Six Flags Entertainment Corporation/NEW (FUN) liikevaihto, tulos ja tunnusluvut 2025 – Clarifo