Six Flags Entertainment Corporation (FUN)
Net profit margin
| Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | Dec 31, 2019 | ||
|---|---|---|---|---|---|---|
| Net income | US$ in thousands | 124,559 | 307,668 | -48,518 | -590,243 | 172,365 |
| Revenue | US$ in thousands | 1,798,670 | 1,817,380 | 1,338,220 | 181,555 | 1,474,920 |
| Net profit margin | 6.93% | 16.93% | -3.63% | -325.10% | 11.69% |
December 31, 2023 calculation
Net profit margin = Net income ÷ Revenue
= $124,559K ÷ $1,798,670K
= 6.93%
Six Flags Entertainment Corporation's net profit margin has fluctuated significantly over the past five years. In 2023, the net profit margin stood at 6.93%, showing a decline from the previous year's figure of 16.93%. The negative net profit margin in 2021 (-3.63%) indicates that the company was not able to generate profits during that period. The substantial negative net profit margin in 2020 (-325.10%) suggests significant losses exceeding the revenue earned. However, in 2019, the net profit margin was positive at 11.69%, reflecting a healthier financial performance compared to the preceding years. Overall, the company's net profit margin has been volatile, indicating fluctuations in profitability levels over the period under review.
Peer comparison
Dec 31, 2023