Six Flags Entertainment Corporation (FUN)
Return on total capital
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Earnings before interest and tax (EBIT) | US$ in thousands | — | 346,518 | 378,575 | 159,250 | -459,438 |
| Long-term debt | US$ in thousands | 4,723,070 | — | — | — | — |
| Total stockholders’ equity | US$ in thousands | 2,041,860 | -588,246 | 323,277 | 8,943 | 2,599 |
| Return on total capital | 0.00% | — | 117.11% | 1,780.72% | -17,677.49% |
December 31, 2024 calculation
Return on total capital = EBIT ÷ (Long-term debt + Total stockholders’ equity)
= $—K ÷ ($4,723,070K + $2,041,860K)
= 0.00%
Return on total capital for Six Flags Entertainment Corporation has shown significant volatility over the past years. In 2020, the company reported a negative return of -17,677.49%, indicating that the business was not effectively generating returns on the capital invested. However, there was a remarkable turnaround in 2021, with a substantial increase to 1,780.72%, suggesting a more efficient utilization of capital.
By 2022, the return on total capital further improved to 117.11%, reflecting continued efforts to enhance profitability. The absence of data for 2023 makes it challenging to assess the company's performance for that year. Finally, in 2024, the return on total capital stood at 0.00%, indicating a potential stabilization or a slowdown in the growth of returns compared to the prior years.
Overall, the return on total capital trend for Six Flags Entertainment Corporation indicates a mix of challenges and improvements in capital efficiency, with a need to sustain or further enhance the positive performance seen in recent years.
Peer comparison
Dec 31, 2024