Six Flags Entertainment Corporation (FUN)
Net profit margin
| Jun 30, 2024 | Mar 31, 2024 | Dec 31, 2023 | Sep 30, 2023 | Jun 30, 2023 | Mar 31, 2023 | Dec 31, 2022 | Sep 30, 2022 | Jun 30, 2022 | Mar 31, 2022 | Dec 31, 2021 | Sep 30, 2021 | Jun 30, 2021 | Mar 31, 2021 | Dec 31, 2020 | Sep 30, 2020 | Jun 30, 2020 | Mar 31, 2020 | Dec 31, 2019 | Sep 30, 2019 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Net income (ttm) | US$ in thousands | 127,628 | 125,639 | 124,559 | 146,867 | 264,423 | 261,631 | 307,668 | 268,094 | 83,031 | -26,611 | -48,518 | -126,752 | -411,000 | -484,682 | -590,243 | -482,005 | -155,789 | 40,061 | 172,365 | 147,083 |
| Revenue (ttm) | US$ in thousands | 1,886,363 | 1,815,729 | 1,798,668 | 1,793,539 | 1,794,593 | 1,803,102 | 1,817,383 | 1,802,325 | 1,712,666 | 1,427,312 | 1,338,219 | 1,021,160 | 355,213 | 137,662 | 181,555 | 404,924 | 1,031,979 | 1,461,583 | 1,474,925 | 1,467,463 |
| Net profit margin | 6.77% | 6.92% | 6.93% | 8.19% | 14.73% | 14.51% | 16.93% | 14.87% | 4.85% | -1.86% | -3.63% | -12.41% | -115.71% | -352.08% | -325.10% | -119.04% | -15.10% | 2.74% | 11.69% | 10.02% |
June 30, 2024 calculation
Net profit margin = Net income (ttm) ÷ Revenue (ttm)
= $127,628K ÷ $1,886,363K
= 6.77%
The net profit margin of Six Flags Entertainment Corporation has shown fluctuations over the past several quarters.
In the recent quarters, the net profit margin has ranged between 6.77% and 8.19%, indicating that the company has been able to generate profits relative to its revenue. However, it is important to note that in some quarters, such as in Q4 2021 and all of 2021, the net profit margin was negative, reflecting that the company incurred losses during those periods.
The significant improvement in net profit margin from Q4 2021 to Q2 2022, where it increased from -12.41% to 16.93%, is noteworthy. This could suggest that the company implemented effective cost management strategies or experienced an increase in revenue during that period.
Overall, the varying net profit margins reflect the company's changing financial performance and profitability over time. Investors and stakeholders should monitor these ratios closely to assess the company's ability to generate sustainable profits in the future.
Peer comparison
Jun 30, 2024