Pursuit Attractions & Hospitality, Inc. financial statements

Income statement, balance sheet and cash flow statement for the last 10 fiscal years, taken from the XBRL data Pursuit Attractions & Hospitality, Inc. 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

	FY2016	FY2017	FY2018	FY2019	FY2020	FY2021	FY2022	FY2023	FY2024	FY2025
Revenue	1,205	1,307	1,237	1,303	415	507	299	350	366	452
Cost of revenue	165	162						31.9	31.1	34.6
Gross profit	1,040	1,145						318	335	418
Selling, general and administrative								56.8	57.8	80.1
Operating income	76.5	86.3	77.6	79.4	-116	-47	68.9	108
Interest expense	5.9	8.3	9.64	14.2	17.9	28.3	4.06	5.96	14.2	8.82
Interest income	1.17	0.32	0.35	0.37	0.38	0.12
Pre-tax income	64.7	104	65	26.1	-361	-95.1	0.51	27.3	-45.4	55
Income tax	21.3	45.9	17.1	2.51	14.2	-1.79	5.72	12.9	6.33	16.5
Income from continuing operations	43	58	47.7	22.1	-372	-93.2	-6.78	6.91	-57.1	24.9
Net income to minority interests	0.53
Net income	42.3	57.7	49.2	22	-374	-92.7	23.2	16	369	22.7
EBITDA	119	141	134	138	-59.7	6.75	105	146
EPS, basic	2.09	2.83	2.40	1.02	-18.64	-5.01	0.54	0.30	12.84	0.80
EPS, diluted	2.09	2.83	2.40	1.02	-18.64	-5.01	0.54	0.30	12.84	0.80
Shares, basic (weighted)	20	20.1	20.2	20.1	20.3	20.4	20.6	20.9	21.4	28.2
Shares, diluted (weighted)	20.2	20.4	20.4	20.3	20.3	20.4	20.6	20.9	21.4	28.4
Dividend per share	0.40	0.40	0.40	0.40	0.10	0.00	0.00

Balance sheet

	FY2016	FY2017	FY2018	FY2019	FY2020	FY2021	FY2022	FY2023	FY2024	FY2025
Cash and equivalents	20.9	53.7	44.9	62	39.5	61.6	59.7	27.4	49.7	31.1
Receivables	105	105	109	126	17.8	92	122	8.21	9.27	9.15
Inventory	31.4	17.6	16.6	17.3	8.73	8.58	10.8	9.47	9.98	12.1
Other current assets	18.4	19.7	25.5	30.9	12.9	14.1	19	10.7	48.4	2.61
Total current assets	175	209	214	261	91.3	198	240	236	117	63.7
Property, plant and equipment	280	306	334	501	492	549	550	555	526	649
Lease right-of-use assets				103	82.7	95.9	103	34.7	26.8	26.3
Goodwill	254	271	261	288	99.8	112	121	124	103	150
Intangible assets	73.7	62.8	51.3	94.3	71.2	65.2	59	54.9	64.4	75.6
Total assets	870	920	923	1,319	853	1,038	1,090	1,137	845	965
Accounts payable	67.6	77.4	71.9	86.7	21	69.7	73	14.7	22.5	21
Accrued liabilities							1.5	1.1
Deferred revenue		32	33.5	50.7	18.6	39.1	44	12.5	12.4	14.5
Short-term debt	175	153	229	5.33	8.34	12.8	13.2	6.59	1.87	1.51
Total current liabilities	346	333	390	237	97.7	175	211	233	76.4	78.8
Long-term debt	248	206	225	335	285	447	457	442	71.4	155
Lease liabilities				82.9	70.2	93.4	101	38	36.3	35.3
Total liabilities	499	470	466	765	545	808	856	867	228	305
Total debt	213	207	225	315	400	390	400	389	15	99.3
Paid-in capital	574	574	575	574	568	567	570	568	681	686
Retained earnings	16.3	65.8	109	123	-253	-350	-334	-326	33.7	57.2
Treasury stock	-231	-226	-238	-232	-226	-221	-212	-196	-171	-167
Other comprehensive income	-39.4	-22.6	-48	-35.7	-30.6	-27.4	-47.2	-40.4	-64.5	-41.8
Shareholders' equity	357	429	436	467	96	6.28	14.5	43.4	526	582
Minority interests	13.3
Total equity	371	443	451	547	174	91.8	96.8	133	617	660
Total liabilities and equity	870	920	923	1,319	853	1,038	1,090	1,137	845	965
Shares outstanding	24.9	24.9	24.9	24.9	24.9	24.9	24.9	28.1	28.1	28

Cash flow statement

	FY2016	FY2017	FY2018	FY2019	FY2020	FY2021	FY2022	FY2023	FY2024	FY2025
Net income	42.8	58.2	49.4	23.5	-377	-92.7	24.8	23.5	374	36.3
Depreciation and amortization	42.7	55.1	56.8	59	56.6	53.8	36.1	37.9	43	46.1
Stock-based compensation	8.04	11	4.87	7.19	2.65	7.73	7.79	8.98	11.2	7.45
Deferred income tax	7.67	26	5.35	-10.4	15.1	6.01	1.64	0.3	3.25	3.07
Change in receivables	-9.36	-2.34	-6.2	-17	106	-75.5	-1.05	-0.95	-2.13	-1.02
Change in inventory	0.15	0.12	-1.57	-0.33	8.64	0.13	-3.13	0.05	-0.85	-1.82
Change in payables	1.77	7.55	-1.65	9.73	-88.3	46.7	-2.27	2.36	14	-5.07
Cash from operations	100	112	90.6	108	-80.2	-37.9	73.4	105	56.9	86.2
Capital expenditures	-49.8	-56.6	-83.3	-76.1	-53.6	-57.9	-56.9	-62.4	-56.2	-75
Acquisitions	-196	-1.5	-4.63	-91	0	-8.23	-25.5	-0.04	-16.1	-108
Cash from investing	-245	-25.6	-87	-166	-6.77	-51.8	-63.3	-74.9	369	-151
Debt issued	230	90	147	200	225	461	108	162	572	435
Stock issued			0.08	0.29	2.08	0	0	0	0	2.84
Share buybacks	-0.72	-2.12	-17.2	0	-2.79	0	0	0	0	-10.2
Dividends paid	-8.11	-8.16	-8.15	-8.09	-4.06	0	0
Cash from financing	112	-56.1	-9.91	73.5	66.3	108	-6.13	-36.2	-399	51.3
Exchange rate effect	-2.89	2.29	-2.47	1.05	0.7	4.1	-2.07	0.06	-1.27	1.6
Net change in cash	-35.6	32.8	-8.83	17.1	-20	22.3	0.26	-5.54	-2.97	-24.4
Free cash flow	50.5	55.6	7.25	32	-134	-95.8	16.5	42.2	0.72	11.1
Interest paid	5.5	7.7	8.5	11.9	14	25.9	34.1	47.3	45.8	9.7
Income taxes paid	14.1	14.6	27.3	17.2				13.1	13.2	23

Key metrics

Worked out from the statements above. Latest values use the trailing twelve months to June 30, 2026; growth uses fiscal years. Valuation uses the share price of $49.28 on September 25, 2026.

Profitability

Metric	Value	How it is calculated
Gross margin	92.5%	Gross profit / revenue.
Pre-tax margin	15.1%	Pre-tax income / revenue.
Net margin	7.9%	Net income / revenue.
FCF margin	-1.1%	Free cash flow (cash from operations - capital expenditures) / revenue.
Operating cash flow margin	16.1%	Cash from operations / revenue.
Effective tax rate	25.0%	Income tax / pre-tax income, when pre-tax income is positive.
Return on equity (ROE)	7.2%	Net income / average shareholders' equity (opening and closing). Not shown when equity is negative.
Return on assets (ROA)	3.8%	Net income / average total assets.
SG&A / revenue	18.0%	Selling, general and administrative expense / revenue.
Stock-based pay / revenue	1.4%	Stock-based compensation (from the cash flow statement) / revenue.
Capex / revenue	17.3%	Capital expenditures / revenue.
D&A / revenue	9.0%	Depreciation and amortization / revenue.

Growth

Metric	Value	How it is calculated
Revenue growth, 1y	23.4%	Revenue vs the same period a year earlier. Only from a positive base.
Revenue CAGR, 3y	14.8%	Compound annual growth of revenue over 3 fiscal years: (end / start)^(1/3) - 1. Only when both values are positive.
Revenue CAGR, 5y	1.7%	Compound annual growth of revenue over 5 fiscal years: (end / start)^(1/5) - 1. Only when both values are positive.
Gross profit growth, 1y	24.6%	Gross profit vs the same period a year earlier. Only from a positive base.
Net income growth, 1y	-93.8%	Net income vs the same period a year earlier. Only from a positive base.
Net income CAGR, 3y	-0.8%	Compound annual growth of net income over 3 fiscal years: (end / start)^(1/3) - 1. Only when both values are positive.
EPS growth, 1y	-93.8%	EPS vs the same period a year earlier. Only from a positive base.
EPS CAGR, 3y	14.0%	Compound annual growth of eps over 3 fiscal years: (end / start)^(1/3) - 1. Only when both values are positive.
Operating cash flow growth, 1y	51.3%	Operating cash flow vs the same period a year earlier. Only from a positive base.
Operating cash flow CAGR, 3y	5.5%	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	1,450.0%	Free cash flow vs the same period a year earlier. Only from a positive base.
Free cash flow CAGR, 3y	-12.3%	Compound annual growth of free cash flow over 3 fiscal years: (end / start)^(1/3) - 1. Only when both values are positive.
Book value growth, 1y	10.7%	Book value vs the same period a year earlier. Only from a positive base.
Book value CAGR, 3y	242.1%	Compound annual growth of book value over 3 fiscal years: (end / start)^(1/3) - 1. Only when both values are positive.
Book value CAGR, 5y	43.4%	Compound annual growth of book value over 5 fiscal years: (end / start)^(1/5) - 1. Only when both values are positive.
Total assets growth, 1y	14.3%	Total assets vs the same period a year earlier. Only from a positive base.
Total assets CAGR, 3y	-4.0%	Compound annual growth of total assets over 3 fiscal years: (end / start)^(1/3) - 1. Only when both values are positive.
Total assets CAGR, 5y	2.5%	Compound annual growth of total assets over 5 fiscal years: (end / start)^(1/5) - 1. Only when both values are positive.
Share count change, 1y	32.5%	Change in diluted weighted shares vs a year earlier. Negative means buybacks shrank the share count; positive means dilution.
Share count change per year, 3y	11.3%	Change in diluted weighted shares, per year over 3 years. Negative means buybacks shrank the share count; positive means dilution.
Share count change per year, 5y	7.0%	Change in diluted weighted shares, per year over 5 years. Negative means buybacks shrank the share count; positive means dilution.

Balance sheet health

Metric	Value	How it is calculated
Current ratio	1.61x	Current assets / current liabilities.
Quick ratio	0.41x	(Cash + short-term investments + receivables) / current liabilities.
Cash ratio	0.25x	(Cash + short-term investments) / current liabilities.
Debt / equity	0.36x	Total debt / shareholders' equity. Not shown when equity is negative.
Debt / assets	18.8%	Total debt / total assets.
Liabilities / assets	40.3%	Total liabilities / total assets.
Net debt	$158.0M	Total debt - cash - short-term investments. Negative means more cash than debt.
Working capital	$81.8M	Current assets - current liabilities.
Goodwill and intangibles / assets	19.6%	(Goodwill + intangible assets) / total assets.
Tangible book value	$336.0M	Shareholders' equity - goodwill - intangible assets.

Efficiency

Metric	Value	How it is calculated
Asset turnover	0.47x	Revenue / average total assets.
Fixed asset turnover	0.82x	Revenue / average property, plant and equipment.
Inventory turnover	2.03x	Cost of revenue / average inventory.
Days inventory	180 days	365 x average inventory / cost of revenue.
Receivables turnover	22.8x	Revenue / average receivables.
Days sales outstanding	16 days	365 x average receivables / revenue.
Days payables	178 days	365 x average accounts payable / cost of revenue.
Cash conversion cycle	18 days	Days inventory + days sales outstanding - days payables.
FCF conversion	-14.2%	Free cash flow / net income, when net income is positive.
Capex / operating cash flow	107.0%	Capital expenditures / cash from operations, when that is positive.

Per share

Metric	Value	How it is calculated
EPS, diluted	$1.37	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	$17.27	Revenue / diluted weighted shares.
FCF per share	-$0.19	Free cash flow / diluted weighted shares.
Operating cash flow per share	$2.79	Cash from operations / diluted weighted shares.
Book value per share	$19.67	Shareholders' equity / shares outstanding (diluted weighted shares when not reported).
Tangible book per share	$12.32	Tangible book value / shares outstanding.
Cash per share	$1.24	(Cash + short-term investments) / shares outstanding.

Valuation

Metric	Value	How it is calculated
Market cap	$1.34B	Share price x shares outstanding.
Enterprise value	$1.50B	Market cap + total debt - cash - short-term investments.
P/E	35.0x	Market cap / net income. Only when net income is positive.
P/S	2.78x	Market cap / revenue.
P/B	2.51x	Market cap / shareholders' equity. Only when equity is positive.
Price / tangible book	4.00x	Market cap / tangible book value, when positive.
P/OCF	17.2x	Market cap / cash from operations, when positive.
EV/Sales	3.11x	Enterprise value / revenue.
FCF yield	-0.4%	Free cash flow / market cap.
Earnings yield	2.9%	Net income / market cap (the inverse of P/E).
PEG	2.50x	P/E / EPS growth per year over 3 years (in percent). Only when both are positive.

What was Pursuit Attractions & Hospitality, Inc.'s revenue in fiscal 2025?

Pursuit Attractions & Hospitality, Inc. reported revenue of $452.4M for fiscal 2025, 23.4% higher than the year before.

Was Pursuit Attractions & Hospitality, Inc. profitable in fiscal 2025?

Yes. Net income was $22.7M, a net margin of 5%.

How much free cash flow did Pursuit Attractions & Hospitality, Inc. generate in fiscal 2025?

Cash from operations of $86.2M minus capital expenditures of $75.0M left free cash flow of $11.1M.

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.

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