Six Flags Entertainment Corporation operates amusement parks and resort properties in North America. It operates amusement parks, water parks, and resorts in the United States, Mexico, and Canada. The company was formerly known as Cedar Fair, L.P. and changed its name to Six Flags Entertainment Corporation in July 2024. The company was founded in 1983 and is headquartered in Charlotte, North Carolina.
5-year financial trends. Figures in USD millions.
Latest fiscal year: 2025
Year-by-year revenue, profitability, and cash flow (USD millions, last 10 years)
| Year | Revenue | EBITDA | Net Profit | FCF | ROE | Rev Growth 1Y | NP Growth 1Y |
|---|---|---|---|---|---|---|---|
| 2025 | $3.1B | $-867M | $-1.5B | $-152M | -281.8% | 14.4% | 649.7% |
| 2024 | $2.7B | $587M | $-207M | $53M | -10.1% | 50.6% | -265.9% |
| 2023 | $1.8B | $470M | $125M | $105M | -21.4% | -1.0% | -59.5% |
| 2022 | $1.8B | $673M | $308M | $224M | -52.0% | - | - |
Income statement, balance sheet, and cash flow as reported
Consolidated Figures in USD Millions.
| Metric | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|
| Total Revenue | - | 1,817.38 | 1,798.67 | 2,708.93 | 3,100.29 |
| Cost Of Revenue | - | 164.25 | 159.83 | 232.56 | 269.70 |
| Gross Profit | - | 1,653.14 | 1,638.84 | 2,476.37 | 2,830.58 |
| Operating Expense | - | 1,278.17 | 1,314.61 | 2,105.34 | 2,646.03 |
| Operating Income | - | 374.97 | 324.23 | 371.03 | 184.55 |
| EBITDA | - | 673.25 | 469.55 | 587.06 | -867.10 |
| EBIT | - | 519.98 | 311.55 | 268.95 | -1,353.49 |
| Pretax Income | - | 371.66 | 172.60 | 34.18 | -1,713.45 |
| Tax Provision | - | 63.99 | 48.04 | 240.84 | -163.98 |
| Net Income | - | 307.67 | 124.56 | -206.66 | -1,549.47 |
| Net Income Common Stockholders | - | 307.67 | 124.56 | -231.16 | -1,599.10 |
| Total Expenses | - | 1,442.42 | 1,474.44 | 2,337.89 | 2,915.74 |
| Interest Expense | - | 148.32 | 138.95 | 234.77 | 359.96 |
| Selling General And Administration | - | 176.33 | 207.08 | 411.16 | 439.39 |
| Normalized EBITDA | - | 504.44 | 487.62 | 655.56 | 692.46 |
| Normalized Income | - | 167.93 | 137.60 | -152.55 | -139.16 |
| Market Cap | 1,864.33 | 1,864.33 | 1,864.33 | 1,864.33 | 1,864.33 |
Consumer Cyclical sector peers, ranked by market cap
| Company | Ticker | Market Cap | P/E | P/B | ROE | EV/EBITDA |
|---|---|---|---|---|---|---|
| Six Flags Entertainment Corporationthis co. | FUN | - | -1.20 | 3.39 | -281.8% | -8.27 |
| Faraday Future Intelligent Electric Inc. | FFAI | $117M | - | -2.80 | -5035.4% | -1.81 |
| Traeger, Inc. | COOK | $111M | - | 0.64 | -67.4% | 9.18 |
| Clarus Corporation | CLAR | $101M | - | 0.51 | - | -7.90 |
| America's Car-Mart, Inc. | CRMT |
| 2021 | - | - | - | - | - | - | - |
| $101M |
| - |
| 0.21 |
| 3.1% |
| 30.69 |
| Lakeland Industries, Inc. | LAKE | $96M | - | 0.74 | -19.6% | -57.98 |
| Virco Mfg. Corporation | VIRC | $95M | 37.81 | 0.90 | 2.4% | 12.55 |
| BARK, Inc. | BARK | $79M | - | 0.97 | -33.0% | -3.16 |
| Sleep Number Corporation | SNBR | $70M | - | -0.12 | 22.8% | 16.92 |
| Peer Median | - | 37.81 | 0.58 | -19.6% | 3.68 | |