Six Flags Entertainment Corporation (FUN)
Profitability ratios
Return on sales
| 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 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Gross profit margin | 58.43% | 53.06% | 63.57% | 70.67% | 78.93% | 91.06% | 90.90% | 90.92% | 90.96% | 91.12% | 91.45% | 91.52% | 91.60% | 90.85% | 87.18% | 82.63% | 84.58% | 90.03% | 91.55% | 91.45% |
| 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% |
| Pretax margin | 0.36% | 2.59% | 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% |
| 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% |
The gross profit margin for Six Flags Entertainment Corporation has remained relatively stable, ranging from 78.93% to 91.60% during the period analyzed, indicating the company's ability to generate profit after accounting for the cost of goods sold.
In terms of operating profit margin, the company experienced significant fluctuations, with margins ranging from -315.06% to 20.35%. While the margins started negative, they showed improvement over time, reaching positive values in subsequent periods.
The pretax margin also displayed a similar trend, starting from negative values and gradually improving to reach positive margins. The margins ranged from -428.50% to 20.45%, showing a positive shift in the company's profitability before accounting for taxes.
The net profit margin, representing the final profitability after accounting for all expenses, showed a pattern of improvement over the period. Starting from negative values, the margins gradually increased to positive levels, ranging from -8.53% to 16.93%. This indicates an improvement in the company's ability to generate profit after all expenses are deducted.
Overall, while Six Flags Entertainment Corporation faced challenges in its profitability in the earlier periods, there was a positive trend in all profitability ratios, reflecting the company's efforts to enhance its financial performance and generate higher profits.
Return on investment
| 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 return on assets (Operating ROA) | 3.54% | 3.45% | 15.66% | 14.93% | 14.56% | 14.25% | 13.64% | 15.13% | 16.54% | 14.47% | 12.71% | 6.66% | 6.41% | 0.37% | -14.13% | -18.27% | -21.24% | -17.84% | -1.28% | 8.81% |
| Return on assets (ROA) | -2.53% | 0.25% | 5.44% | 5.55% | 5.46% | 6.33% | 11.42% | 11.84% | 13.76% | 11.10% | 3.44% | -1.13% | -2.10% | -4.50% | -15.43% | -18.45% | -21.91% | -19.27% | -5.86% | 1.68% |
| Return on total capital | 4.78% | 4.68% | 15.67% | — | — | — | 3,030.02% | 356.17% | 164.45% | 3,157.28% | 3,348.44% | 2,748.61% | 3,441.99% | 21.58% | -52.69% | -62.76% | -55.76% | -40.73% | 49.07% | 530.82% |
| Return on equity (ROE) | -11.32% | 0.99% | 869.10% | — | — | — | 1,831.56% | 186.73% | 95.17% | 1,629.45% | 568.12% | -225.59% | -542.52% | -17.19% | -96.76% | -98.97% | -108.95% | -114.29% | -33.59% | 45.01% |
Six Flags Entertainment Corporation's profitability ratios have shown a fluctuating trend over the reported periods. The Operating Return on Assets (Operating ROA) increased from negative figures in mid-2020 to reach 15.66% by June 30, 2024, indicating an improvement in the company's ability to generate profits from its operating assets.
Similarly, the Return on Assets (ROA) also displayed a positive turnaround, moving from negative percentages in 2020 to 5.44% by June 30, 2024. This indicates that the company has become more efficient in generating profits relative to its total assets over time.
The Return on Total Capital ratio, which reflects the company's ability to generate returns for both equity and debt holders, experienced significant fluctuations, ranging from negative percentages in 2020 to peaking at over 3,000% in mid-2023 before declining to 4.78% by December 31, 2024. This suggests that the company has had varying success in utilizing its total capital efficiently to generate returns for investors.
Finally, the Return on Equity (ROE) ratio also exhibited a rollercoaster pattern, with negative figures in 2020 improving over the subsequent years to reach 869.10% by June 30, 2024, albeit dropping to -11.32% by December 31, 2024. This indicates the company's efforts to enhance shareholder value but also highlights the volatility in returns to equity holders.
In conclusion, Six Flags Entertainment Corporation has made progress in improving its profitability ratios over the reported periods, with varying degrees of success in generating returns for different stakeholders, signaling the need for continued financial management and strategic planning to sustain and enhance profitability.