Six Flags Entertainment Corporation (FUN)
Profitability ratios
Return on sales
| 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 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Gross profit margin | 55.72% | 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% | 91.44% | 91.43% |
| 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% |
| 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% |
| Net profit margin | 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% | 11.69% | 10.02% |
Six Flags Entertainment Corporation's profitability ratios have shown fluctuations over the past few quarters. The gross profit margin has ranged from 55.72% to 91.60%, indicating variability in the company's ability to generate profits after accounting for the cost of goods sold.
The operating profit margin has ranged from 1.02% to 20.35%, with some quarters exhibiting low profitability while others showcasing healthier margins. This suggests fluctuations in operating efficiency and cost management by the company.
The pretax margin has varied from -428.50% to 20.45%, indicating significant volatility in the company's ability to generate income before considering taxes. This metric reflects the impact of non-operating factors such as interest expenses and investment income.
The net profit margin has fluctuated between -352.08% and 16.93%, indicating variability in the company's bottom-line profitability after accounting for all expenses, including taxes. This metric reflects the overall efficiency of the organization in generating profits from its operations.
Overall, Six Flags Entertainment Corporation's profitability ratios have shown inconsistency, with periods of strong profitability followed by significant downturns. This variability suggests that the company may be facing challenges in maintaining consistent levels of profitability and operational efficiency.
Return on investment
| 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 return on assets (Operating ROA) | 16.31% | 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% | 11.99% | 12.49% |
| Return on assets (ROA) | 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% | 6.68% | 5.53% |
| Return on total capital | — | — | — | — | 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% | 112.58% | 89.28% |
| Return on equity (ROE) | — | — | — | — | 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% | 39.97% | 27.59% |
The profitability ratios of Six Flags Entertainment Corporation show varying trends over the past several quarters.
1. Operating Return on Assets (Operating ROA) has generally been improving, indicating the company's ability to generate operating income relative to its total assets. The ratio has shown an upward trend from 6.41% in the first quarter of 2022 to 16.31% in the second quarter of 2024, with some fluctuations in between.
2. Return on Assets (ROA) has had a more volatile performance, with fluctuations in profitability. The ratio ranged from a low of -21.91% in the first quarter of 2021 to a peak of 13.76% in the fourth quarter of 2023. This ratio measures the company's overall profitability relative to its total assets.
3. Return on Total Capital shows extreme variability, with values ranging from negative percentages to very high positive percentages. This ratio calculates the company's overall return on all of its capital, including debt and equity. The most recent data point indicates an enormous return on total capital of 3,441.99% in the first quarter of 2022.
4. Return on Equity (ROE) also demonstrates fluctuating performance, with values ranging from -225.59% to 1,831.56% over the period under review. ROE reflects the company's ability to generate profits from shareholders' equity. The figures suggest a mix of negative returns and exceptionally high returns on equity, indicating volatility in profitability attributable to shareholders.
In conclusion, while the Operating ROA has shown a positive trend, the other profitability ratios exhibit significant fluctuations and variability, indicating that Six Flags Entertainment Corporation has experienced varying levels of profitability and efficiency in utilizing its assets and capital over the analyzed period.