Six Flags Entertainment Corporation (FUN)
Net profit margin
| Dec 31, 2024 | Sep 30, 2024 | 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 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Net income (ttm) | US$ in thousands | -231,163 | 23,100 | 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 |
| Revenue (ttm) | US$ in thousands | 2,708,921 | 2,392,734 | 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 |
| Net profit margin | -8.53% | 0.97% | 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% |
December 31, 2024 calculation
Net profit margin = Net income (ttm) ÷ Revenue (ttm)
= $-231,163K ÷ $2,708,921K
= -8.53%
Six Flags Entertainment Corporation's net profit margin experienced significant fluctuations over the period from March 31, 2020, to December 31, 2024. The net profit margin was negative for most of the quarters during this period, indicating that the company's expenses exceeded its revenues, resulting in net losses.
The net profit margin improved gradually from March 31, 2023, to June 30, 2024, reaching a positive range between 6.77% to 16.93%. This positive trend suggests that the company implemented effective cost control measures or experienced revenue growth during this period.
However, the net profit margin declined sharply by the end of December 31, 2024, dropping to -8.53%. This decline may raise concerns about the company's profitability and financial sustainability in the near term.
Overall, Six Flags Entertainment Corporation's net profit margin showed a mix of positive and negative trends over the analyzed period, indicating fluctuations in the company's ability to generate profits relative to its revenue. Investors and stakeholders should closely monitor these trends to assess the company's financial performance and outlook.
Peer comparison
Dec 31, 2024