Six Flags Entertainment Corporation (FUN)
Operating 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 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating income (ttm) | US$ in thousands | 323,267 | 323,564 | 367,679 | 338,153 | 332,363 | 330,424 | 315,916 | 334,314 | 369,855 | 349,487 | 307,125 | 156,621 | 148,335 | 10,421 | -376,448 | -480,103 | -572,008 | -446,353 | -33,917 | 210,415 |
| 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 |
| Operating profit margin | 11.93% | 13.52% | 19.49% | 18.62% | 18.48% | 18.42% | 17.60% | 18.54% | 20.35% | 19.39% | 17.93% | 10.97% | 11.08% | 1.02% | -105.98% | -348.75% | -315.06% | -110.23% | -3.29% | 14.40% |
December 31, 2024 calculation
Operating profit margin = Operating income (ttm) ÷ Revenue (ttm)
= $323,267K ÷ $2,708,921K
= 11.93%
The operating profit margin of Six Flags Entertainment Corporation has shown variability over the periods from March 31, 2020, to December 31, 2024. It started at a positive 14.40% on March 31, 2020, but quickly turned negative in subsequent quarters, reaching its lowest point at -315.06% on December 31, 2020.
However, from September 30, 2021, onwards, the operating profit margin began to improve, turning positive again at 1.02% on September 30, 2021, and further increasing to 20.35% by December 31, 2022. The margin continued to stabilize around the range of 18-20% from March 31, 2023, to December 31, 2024.
The positive trend in the operating profit margin indicates that the company has enhanced its operational efficiency and profitability, which could be attributed to cost-cutting measures, revenue growth, or a combination of both. This improvement is beneficial for the company as it shows its ability to generate profit from its core operations, ultimately contributing to overall financial health and sustainability.
Peer comparison
Dec 31, 2024