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SIX · United States · Services-Miscellaneous Amusement & Recreation
In shortSix Flags Entertainment Corp/OLD is profitable.
Financial health
Mixed
Built from five areas over the last five annual reports. Tap an area to see the figures behind it.
| Operating marginShare of each sale left after running the business, before interest and tax. | 20.4% | 85/100 |
|---|---|---|
| Net marginShare of each sale left as profit after every cost, interest and tax. | 2.7% | 31/100 |
| Return on equityProfit earned on the money shareholders put in. Above 15% is strong. | – | 0/100 |
| Return on invested capitalProfit earned on all the capital used (equity and debt). Above 10% usually means a real competitive edge. | 17.9% | 100/100 |
Weight in the score: 25%
| Current ratioShort-term assets divided by short-term debts. Below 1 can mean tight cash. | 0.43× | 0/100 |
|---|---|---|
| Debt / equityDebt compared with the shareholders' stake. Above 2 is heavily indebted. | – | 0/100 |
| Net debt / EBITDAYears of operating profit needed to repay net debt. Below 2 is comfortable. | 5.20× | 0/100 |
| Interest coverageHow many times operating profit covers interest. Below 2 is risky. | 1.83× | 3/100 |
| Altman Z''Bankruptcy-risk model. Above 2.6 safe, below 1.1 distress. | -2.75 | 0/100 |
Weight in the score: 25%
| Free cash flow marginCash left from each sale after investments. The money that can pay dividends or reduce debt. | 6.0% | 44/100 |
|---|---|---|
| Free cash flow / net incomeHow much accounting profit turns into real cash. Near 1 or above is healthy. | 2.20× | 100/100 |
| Years with positive free cash flow (last 5) | 4 of 5 | 75/100 |
Weight in the score: 20%
| Profitable years (last 5) | 4 of 5 | 80/100 |
|---|---|---|
| Years of revenue decline (last 5) | 2 of 5 | 33/100 |
| Revenue growth volatility | 155.4% | 0/100 |
| Operating margin volatility | 3.2% | 80/100 |
Weight in the score: 20%
| Revenue growth, 3-year average | 58.7% | 100/100 |
|---|---|---|
| EPS growth, 3-year average | – | n/a |
Weight in the score: 10%
Fiscal year 2023 · change vs prior year
Annual figures as reported. Hover a bar or point for the exact value.
5 older years available with the 10-year history. Essential plan, from €8.25/month →
The same model applied each year to the statements published at the time: the score is never recalculated with later information.
The last 5 fiscal years from the company's annual reports.
USD millions; negative values in parentheses.
| Fiscal year | FY19 | FY20 | FY22 | FY23 | FY23 |
|---|---|---|---|---|---|
| Revenue | 1,488 | 357 | 1,497 | 1,358 | 1,426 |
| Selling, general & admin | 199 | 147 | 213 | 169 | 248 |
| Operating income | – | – | 385 | 352 | 290 |
| Interest expense | 115 | 155 | 152 | 142 | 158 |
| Pre-tax income | 312 | (523) | 219 | 193 | 109 |
| Income tax | 92 | (141) | 50 | 47 | 22 |
| Net income | 179 | (423) | 128 | 101 | 39 |
| Diluted EPS | $2.11 | −$4.99 | $1.48 | $1.20 | $0.46 |
| Diluted shares (millions) | 85 | 85 | 87 | 85 | 84 |
5 older years available with the 10-year history. Essential plan, from €8.25/month →
Export to Excel · from Essential PDF report · from Essential
The last 8 reported quarters (10-Q and 10-K filings), in USD millions. The fourth quarter is derived from the annual report.
The last 8 quarters of Six Flags Entertainment Corp/OLD are included from the Essential plan (the last 4) and in full with Investor. See the plans →
−2.75 Distress zone
Estimates bankruptcy risk from working capital, retained earnings, operating profit and equity. Above 2.6 is considered safe, below 1.1 signals distress.
6/9
Nine yes-or-no tests on profitability, debt, liquidity and efficiency versus the prior year. 7 to 9 is strong, 0 to 3 is weak.
All figures: SEC EDGAR. Ratios and scores are computed by Scorvest (see how it works). Information only, not investment advice. How it works
Latest annual report: Mar 31, 2024 · Data updated May 9, 2024