Loading…
United Parks & Resorts Inc., together with its subsidiaries, operates as a theme park and entertainment company in the United States. The company owns and licenses a portfolio of theme parks, such as a marine-life theme park in San Diego, Orlando, and San Antonio under the SeaWorld brand; family-oriented destination theme parks in Tampa Bay and Williamsburg under the Busch Gardens brand; and South Seas-themed tropical setting water parks in Orlando and San Antonio under the Aquatica brand. It also engages in the operation of reservations only and all-inclusive marine life theme park under the Discovery Cove brand; Sesame Street theme parks in Philadelphia and San Diego under the Sesame Place brand; Water Country USA, a family water park; and Adventure Island, a park which features water rides, dining, and other attractions. The company was formerly known as SeaWorld Entertainment, Inc. and changed its name to United Parks & Resorts Inc. in February 2024. United Parks & Resorts Inc. was founded in 1959 and is headquartered in Orlando, Florida.
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 | $1.7B | $535M | $168M | $163M | -38.6% | -3.6% | -26.0% |
| 2024 | $1.7B | $623M | $227M | $232M | -49.3% | -0.1% | -2.9% |
| 2023 | $1.7B | $614M | $234M | $200M | -112.5% | -0.3% | -19.6% |
| 2022 | $1.7B | $660M | $291M | $364M | -66.5% | - | - |
| 2021 | - |
Income statement, balance sheet, and cash flow as reported
Consolidated Figures in USD Millions.
| Metric | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|
| Total Revenue | - | 1,731.24 | 1,726.59 | 1,725.30 | 1,662.56 |
| Operating Revenue | - | 1,731.24 | 1,726.59 | 1,725.30 | 1,662.56 |
| Cost Of Revenue | - | 135.22 | 131.70 | 131.41 | 127.56 |
| Gross Profit | - | 1,596.02 | 1,594.89 | 1,593.89 | 1,535 |
| Operating Expense | - | 1,088.38 | 1,134.32 | 1,130.03 | 1,168.10 |
| Selling General And Administration | - | 200.07 | 221.24 | 216.90 | 227.75 |
| Total Expenses | - | 1,223.60 | 1,266.02 | 1,261.43 | 1,295.66 |
| Operating Income | - | 507.64 | 460.57 | 463.87 | 366.90 |
| Total Operating Income As Reported | - | 507.53 | 459.76 | 463.29 | 365.44 |
| EBITDA | - | 660.19 | 613.98 | 622.73 | 535.15 |
| Normalized EBITDA | - | 660.30 | 614.80 | 627.24 | 536.61 |
| EBIT | - | 507.57 | 459.77 | 459.29 | 360.68 |
| Interest Expense | - | 117.50 | 146.67 | 167.76 | 134.14 |
| Net Interest Income | - | -117.50 | -146.67 | -167.76 | -134.14 |
| Other Non Operating Income Expenses | - | 0.04 | 0.02 | -0.06 | -4.76 |
| Other Income Expense | - | -0.06 | -0.80 | -4.58 | -6.22 |
| Interest Expense Non Operating | - | 117.50 | 146.67 | 167.76 | 134.14 |
| Net Non Operating Interest Income Expense | - | -117.50 | -146.67 | -167.76 | -134.14 |
| Pretax Income | - | 390.07 | 313.11 | 291.53 | 226.54 |
| Tax Provision | - | 98.88 | 78.91 | 64.03 | 58.18 |
| Tax Rate For Calcs | - | 0 | 0 | 0 | 0 |
| Tax Effect Of Unusual Items | - | -0.03 | -0.21 | -0.99 | -0.38 |
| Net Income Continuous Operations | - | 291.19 | 234.20 | 227.50 | 168.35 |
| Net Income From Continuing And Discontinued Operation | - | 291.19 | 234.20 | 227.50 | 168.35 |
| Net Income From Continuing Operation Net Minority Interest | - | 291.19 | 234.20 | 227.50 | 168.35 |
| Net Income | - | 291.19 | 234.20 | 227.50 | 168.35 |
| Net Income Common Stockholders | - | 291.19 | 234.20 | 227.50 | 168.35 |
| Net Income Including Noncontrolling Interests | - | 291.19 | 234.20 | 227.50 | 168.35 |
| Normalized Income | - | 291.27 | 234.81 | 231.02 | 169.44 |
| Diluted NI Availto Com Stockholders | - | 291.19 | 234.20 | 227.50 | 168.35 |
| Basic Average Shares | - | 69.61 | 63.96 | 59.55 | 54.57 |
| Diluted Average Shares | - | 70.28 | 64.49 | 60.01 | 54.99 |
| Reconciled Depreciation | - | 152.62 | 154.21 | 163.44 | 174.47 |
| Reconciled Cost Of Revenue | - | 135.22 | 131.70 | 131.41 | 127.56 |
| Total Unusual Items | - | -0.11 | -0.82 | -4.52 | -1.46 |
| Total Unusual Items Excluding Goodwill | - | -0.11 | -0.82 | -4.52 | -1.46 |
| Special Income Charges | - | -0.11 | -0.82 | -4.52 | -1.46 |
| Other Special Charges | 58.83 | - | - | 3.94 | - |
| Restructuring And Mergern Acquisition | - | 0.11 | 0.82 | 0.58 | 1.46 |
| Depreciation Amortization Depletion Income Statement | - | 152.62 | 154.21 | 163.44 | 174.47 |
| Depreciation And Amortization In Income Statement | - | 152.62 | 154.21 | 163.44 | 174.47 |
| Other Operating Expenses | - | 735.69 | 758.87 | 749.69 | 765.87 |
Consumer Cyclical sector peers, ranked by market cap
| Company | Ticker | Market Cap | P/E | P/B | ROE | EV/EBITDA |
|---|---|---|---|---|---|---|
| United Parks & Resorts Inc.this co. | PRKS | $1.9B | 11.42 | -4.41 | -38.6% | 7.79 |
| Six Flags Entertainment Corporation | FUN | $2.2B | -1.40 | 3.94 | -281.8% | -8.62 |
| Brightstar Lottery PLC | BRSL | $2.1B | 14.48 | 2.43 | 16.8% | 5.24 |
| Driven Brands Holdings Inc. | DRVN | $2.1B | 15.17 | 2.77 | 18.3% | 11.93 |
| FIGS, Inc. | FIGS | $2.0B |
| - |
| - |
| - |
| - |
| - |
| - |
| 57.06 |
| 4.47 |
| 7.8% |
| 40.96 |
| Albany International Corp. | AIN | $1.9B | -33.97 | 2.68 | -7.9% | 44.38 |
| Kohl's Corporation | KSS | $1.8B | 6.59 | 0.44 | 6.7% | 5.85 |
| Adient plc | ADNT | $1.8B | -6.37 | 1.01 | -15.9% | 7.37 |
| Interface, Inc. | TILE | $1.7B | 14.88 | 2.70 | 18.1% | 9.75 |
| Peer Median | - | 10.53 | 2.69 | 7.3% | 8.56 | |