Six Flags Entertainment Corporation/NEW financial statements
Income statement, balance sheet and cash flow statement for the last 4 fiscal years, taken from the XBRL data Six Flags Entertainment Corporation/NEW files with the SEC in its annual reports.
In USD millions, except per-share amounts. Outflows in the cash flow statement are negative.
Income statement
FY2022
FY2024
FY2024
FY2025
Revenue
1,817
1,799
2,709
3,100
Cost of revenue
164
160
233
270
Gross profit
1,653
1,639
2,476
2,831
Selling, general and administrative
176
207
411
439
Operating income
520
306
311
-1,375
Other non-operating income
-23.8
5.39
-33.6
21.5
Pre-tax income
372
173
34.2
-1,713
Income tax
64
48
241
-164
Net income to minority interests
0
0
24.5
49.6
Net income
308
125
-231
-1,599
EBITDA
673
464
629
-889
EPS, basic
2.45
-3.22
-15.89
EPS, diluted
2.42
-3.22
-15.89
Shares, basic (weighted)
50.9
75.3
101
Shares, diluted (weighted)
51.5
75.3
101
Balance sheet
FY2022
FY2024
FY2024
FY2025
Cash and equivalents
101
65.5
83.2
91.1
Receivables
79.5
125
160
Inventory
41
71.1
68.5
Other current assets
17.9
47.1
49.7
Total current assets
209
400
473
Property, plant and equipment
1,635
4,297
4,295
Lease right-of-use assets
81.2
227
215
Goodwill
263
265
3,297
2,072
Intangible assets
49.1
898
722
Other non-current assets
1.5
12.1
22.4
Total assets
2,241
9,131
7,799
Accounts payable
37.6
107
74.2
Accrued liabilities
37.4
51
45.8
Deferred revenue
184
302
293
Short-term debt
0
210
15
Total current liabilities
403
927
685
Long-term debt
2,275
4,723
5,166
Lease liabilities
72
229
219
Other non-current liabilities
9.96
33.7
14
Total liabilities
7,089
7,249
Total debt
2,275
4,723
5,166
Paid-in capital
2,207
2,246
Retained earnings
-164
-1,763
Other comprehensive income
14.7
-2.28
66.6
Shareholders' equity
2,042
550
Total equity
2,042
550
Total liabilities and equity
2,241
9,131
7,799
Shares outstanding
100
102
Cash flow statement
FY2022
FY2024
FY2024
FY2025
Net income
308
125
-207
-1,549
Depreciation and amortization
153
158
318
486
Stock-based compensation
20.6
22.6
63.6
63.5
Deferred income tax
4.39
-6.76
181
-153
Change in inventory
-13.4
1.28
9.6
3.81
Change in payables
-8.72
-15.1
-30.7
-11.8
Cash from operations
408
326
373
327
Capital expenditures
-183
-220
-321
-480
Acquisitions
0
0
-152
0
Cash from investing
127
-220
-473
-480
Debt issued
0
0
1,000
500
Debt repaid
-264
0
-5
-13.8
Share buybacks
-74.5
Cash from financing
-490
-143
118
155
Exchange rate effect
-4.7
2.05
-1.08
4.75
Net change in cash
40.1
-35.7
17.7
7.96
Free cash flow
224
105
52.6
-152
Interest paid
138
136
247
335
Income taxes paid
-47.2
45
65.1
34.9
Key metrics
Worked out from the statements above. Latest values use the trailing twelve months to September 27, 2026; growth uses fiscal years. Valuation uses the share price of $10.50 on November 10, 2026.
Profitability
Metric
Value
How it is calculated
Gross margin
91.5%
Gross profit / revenue.
Operating margin
-18.8%
Operating income / revenue.
EBITDA margin
-3.8%
EBITDA (operating income + depreciation and amortization) / revenue.
Pre-tax margin
-32.1%
Pre-tax income / revenue.
Net margin
-31.9%
Net income / revenue.
FCF margin
5.1%
Free cash flow (cash from operations - capital expenditures) / revenue.
Operating cash flow margin
15.8%
Cash from operations / revenue.
Return on assets (ROA)
-13.8%
Net income / average total assets.
Return on invested capital (ROIC)
-9.9%
Approximation: operating income x (1 - tax rate) / average (total debt + equity - cash). Tax rate is the effective rate when between 0% and 50%, else 21%.
SG&A / revenue
13.5%
Selling, general and administrative expense / revenue.
Stock-based pay / revenue
1.9%
Stock-based compensation (from the cash flow statement) / revenue.
Capex / revenue
10.7%
Capital expenditures / revenue.
D&A / revenue
15.1%
Depreciation and amortization / revenue.
Growth
Metric
Value
How it is calculated
Revenue growth, 1y
14.4%
Revenue vs the same period a year earlier. Only from a positive base.
Revenue CAGR, 3y
19.5%
Compound annual growth of revenue over 3 fiscal years: (end / start)^(1/3) - 1. Only when both values are positive.
Gross profit growth, 1y
14.3%
Gross profit vs the same period a year earlier. Only from a positive base.
Gross profit CAGR, 3y
19.6%
Compound annual growth of gross profit over 3 fiscal years: (end / start)^(1/3) - 1. Only when both values are positive.
Operating income growth, 1y
-542.8%
Operating income vs the same period a year earlier. Only from a positive base.
EBITDA growth, 1y
-241.4%
EBITDA vs the same period a year earlier. Only from a positive base.
Operating cash flow growth, 1y
-12.3%
Operating cash flow vs the same period a year earlier. Only from a positive base.
Operating cash flow CAGR, 3y
-7.0%
Compound annual growth of operating cash flow over 3 fiscal years: (end / start)^(1/3) - 1. Only when both values are positive.
Free cash flow growth, 1y
-389.4%
Free cash flow vs the same period a year earlier. Only from a positive base.
Book value growth, 1y
-73.1%
Book value vs the same period a year earlier. Only from a positive base.
Total assets growth, 1y
-14.6%
Total assets vs the same period a year earlier. Only from a positive base.
Share count change, 1y
33.8%
Change in diluted weighted shares vs a year earlier. Negative means buybacks shrank the share count; positive means dilution.
Balance sheet health
Metric
Value
How it is calculated
Current ratio
0.52x
Current assets / current liabilities.
Quick ratio
0.36x
(Cash + short-term investments + receivables) / current liabilities.
Cash ratio
0.24x
(Cash + short-term investments) / current liabilities.
Debt / assets
72.4%
Total debt / total assets.
Liabilities / assets
103.7%
Total liabilities / total assets.
Net debt
$4.62B
Total debt - cash - short-term investments. Negative means more cash than debt.
Days inventory + days sales outstanding - days payables.
Capex / operating cash flow
67.9%
Capital expenditures / cash from operations, when that is positive.
Per share
Metric
Value
How it is calculated
EPS, diluted
-$9.13
Net income per diluted share, as reported (split-adjusted). Over the last twelve months: the four quarters summed, or net income / latest diluted shares when a quarter has no reported EPS.
Revenue per share
$28.60
Revenue / diluted weighted shares.
FCF per share
$1.45
Free cash flow / diluted weighted shares.
Operating cash flow per share
$4.52
Cash from operations / diluted weighted shares.
Book value per share
-$2.44
Shareholders' equity / shares outstanding (diluted weighted shares when not reported).
Market cap + total debt - cash - short-term investments.
P/S
0.37x
Market cap / revenue.
P/FCF
7.26x
Market cap / free cash flow. Only when free cash flow is positive.
P/OCF
2.33x
Market cap / cash from operations, when positive.
EV/Sales
1.96x
Enterprise value / revenue.
EV/FCF
38.5x
Enterprise value / free cash flow, when both are positive.
FCF yield
13.8%
Free cash flow / market cap.
Earnings yield
-86.5%
Net income / market cap (the inverse of P/E).
What was Six Flags Entertainment Corporation/NEW's revenue in fiscal 2025?
Six Flags Entertainment Corporation/NEW reported revenue of $3.10B for fiscal 2025, 14.4% higher than the year before.
Was Six Flags Entertainment Corporation/NEW profitable in fiscal 2025?
No. It reported a net loss of $1.60B.
How much free cash flow did Six Flags Entertainment Corporation/NEW generate in fiscal 2025?
Cash from operations of $327.5M minus capital expenditures of $479.7M left free cash flow of -$152.2M.
Source: SEC EDGAR XBRL company facts. Where a company tags only year-to-date figures, quarters are worked out as differences. Where a line is not tagged it is left empty, never estimated.