Six Flags Entertainment Corporation (FUN)
Return on equity (ROE)
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Net income | US$ in thousands | -231,164 | 124,559 | 307,668 | -48,518 | -590,243 |
| Total stockholders’ equity | US$ in thousands | 2,041,860 | -588,246 | 323,277 | 8,943 | 2,599 |
| ROE | -11.32% | — | 95.17% | -542.52% | -22,710.39% |
December 31, 2024 calculation
ROE = Net income ÷ Total stockholders’ equity
= $-231,164K ÷ $2,041,860K
= -11.32%
The return on equity (ROE) for Six Flags Entertainment Corporation has shown significant fluctuations over the years. In December 2020, the ROE was an alarming -22,710.39%, indicating that the company's net income was inadequate compared to the shareholder's equity. However, there was a notable improvement by December 2022, with the ROE reaching 95.17%, suggesting a more efficient utilization of equity to generate profit. It is important to note that in December 2021 and 2024, the ROE remained negative, indicating continued challenges in profitability and efficiency. The absence of data for December 2023 requires closer monitoring to assess the company's performance. Overall, it is essential for Six Flags to focus on enhancing profitability and operational efficiency to sustain positive ROE trends and create value for its shareholders.
Peer comparison
Dec 31, 2024