Six Flags Entertainment Corporation (FUN)
Pretax 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 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Earnings before tax but after interest (EBT) (ttm) | US$ in thousands | 173,891 | 165,355 | 172,602 | 189,728 | 317,762 | 320,680 | 371,657 | 332,644 | 130,194 | -9,429 | -28,483 | -131,652 | -490,057 | -589,887 | -728,158 | -598,878 | -193,454 | 53,828 | 215,154 | 192,031 |
| 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 |
| Pretax margin | 9.22% | 9.11% | 9.60% | 10.58% | 17.71% | 17.78% | 20.45% | 18.46% | 7.60% | -0.66% | -2.13% | -12.89% | -137.96% | -428.50% | -401.07% | -147.90% | -18.75% | 3.68% | 14.59% | 13.09% |
June 30, 2024 calculation
Pretax margin = EBT (ttm) ÷ Revenue (ttm)
= $173,891K ÷ $1,886,363K
= 9.22%
The pretax margin of Six Flags Entertainment Corporation has exhibited significant fluctuations over the past few quarters. The pretax margin, which represents the proportion of income generated before taxes for every dollar of revenue, has ranged from negative values to positive percentages.
In recent quarters, the pretax margin has shown a recovery trend, with figures ranging from 9.11% to 10.58%. This improvement may indicate better cost management or revenue generation strategies implemented by the company. However, it is essential to note that the pretax margin can be influenced by various factors such as operational efficiency, pricing strategies, and changes in expenses.
In contrast, there were notable declines in the pretax margin in the earlier periods, with the margin even turning negative. This could be attributed to challenges faced by the company during those periods, such as significant one-time expenses, economic downturns, or operational inefficiencies.
Overall, analyzing the pretax margin trends can provide insights into Six Flags Entertainment Corporation's financial performance and efficiency in managing costs and generating profits before taxes. It is important for investors and stakeholders to closely monitor these trends alongside other financial indicators to evaluate the company's financial health and operational performance effectively.
Peer comparison
Jun 30, 2024