Six Flags Entertainment Corporation (FUN)
Operating 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 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating income (ttm) | US$ in thousands | 382,928 | 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 | 309,439 | 331,972 |
| 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 |
| Operating profit margin | 20.30% | 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% | 20.98% | 22.62% |
June 30, 2024 calculation
Operating profit margin = Operating income (ttm) ÷ Revenue (ttm)
= $382,928K ÷ $1,886,363K
= 20.30%
The operating profit margin of Six Flags Entertainment Corporation has shown fluctuations over the periods listed. The trend indicates some variability in the company's ability to control operating expenses and generate profitability from its core operations. Notably, the operating profit margin reached its peak at 20.35% in Dec 31, 2022, but experienced a significant decline in the subsequent quarter, dropping to 19.39% in Sep 30, 2022. This was followed by a further decrease to 17.93% in Jun 30, 2022.
The company faced challenges in the Mar 31, 2023 quarter, with the operating profit margin falling to 18.54%, before recovering slightly in the next quarter to 17.60%. However, there was a positive turnaround in the following periods, with the operating profit margin improving to 18.42% in Sep 30, 2023 and 18.48% in Dec 31, 2023.
The most recent data point shows a notable increase in the operating profit margin to 20.30% in Jun 30, 2024, which may indicate operational efficiency improvements or strategic changes implemented by the company. Overall, the analysis of Six Flags Entertainment Corporation's operating profit margin suggests a mix of performance levels over the reviewed periods, with a recent positive uptrend.
Peer comparison
Jun 30, 2024