Six Flags Entertainment Corporation (FUN)
Operating return on assets (Operating ROA)
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Operating income | US$ in thousands | 310,506 | 346,518 | 378,575 | 148,335 | -459,885 |
| Total assets | US$ in thousands | 9,130,520 | 2,282,460 | 2,235,900 | 2,313,020 | 2,693,410 |
| Operating ROA | 3.40% | 15.18% | 16.93% | 6.41% | -17.07% |
December 31, 2024 calculation
Operating ROA = Operating income ÷ Total assets
= $310,506K ÷ $9,130,520K
= 3.40%
The operating return on assets (Operating ROA) for Six Flags Entertainment Corporation has shown significant fluctuations over the past five years.
At December 31, 2020, the Operating ROA was at a negative value of -17.07%, indicating that the company was operating at a loss relative to its assets during that period.
However, there was a notable turnaround in December 31, 2021, with the Operating ROA rising to 6.41%, indicating an improvement in the company's ability to generate operating income from its assets.
This positive trend continued into December 31, 2022, where the Operating ROA further increased to 16.93%, reflecting a strong performance in utilizing its assets to generate operating profits.
In December 31, 2023, the Operating ROA remained relatively high at 15.18%, indicating continued efficiency in generating operating income from assets.
However, there was a slight decline in the Operating ROA by December 31, 2024, dropping to 3.40%. While still positive, this decrease suggests a potential slowdown in the company's ability to generate operating income compared to the previous year.
Overall, the trend in Six Flags Entertainment Corporation's Operating ROA indicates fluctuations in the company's operational efficiency and profitability over the five-year period, with both improvements and setbacks in utilizing its assets effectively to generate operating income.
Peer comparison
Dec 31, 2024