Six Flags Entertainment Corporation key statistics and ratios

In fiscal 2025, Six Flags Entertainment Corporation had return on equity of -123.4%, an operating margin of -44.4%, debt equal to 946.5% of equity and a current ratio of 0.69. Each ratio below is calculated from the figures on its income statement, balance sheet and cash flow pages.

Financial ratios

US$ thousands unless shown otherwise. Fiscal years, plus the last twelve months (LTM) when newer.

Six Flags Entertainment Corporation: financial ratios, annual
Fiscal year	2022Dec 2022	2023Dec 2023	2024Dec 2024	2025Dec 2025	LTMJun 2026
Gross margin	91.0%	91.1%	91.4%	91.3%	91.4%
Operating margin	28.6%	17.0%	11.5%	−44.4%	−44.2%
Net margin	16.9%	6.9%	−8.5%	−51.6%	−57.3%
Free-cash-flow margin	12.3%	5.9%	1.9%	−4.9%	4.9%
Return on equity	—	—	−11.3%	−123.4%	—
Return on assets	—	5.6%	−4.1%	−18.9%	−23.0%
Asset turnover	—	0.80	0.48	0.37	0.40
Current ratio	—	0.52	0.43	0.69	0.42
Debt to equity	—	—	242.9%	946.5%	>999%
Effective tax rate	17.2%	27.8%	—	—	—
SG&A as % of revenue	9.7%	11.5%	15.2%	14.2%	13.8%
Capital spending as % of revenue	10.1%	12.3%	11.8%	15.5%	10.5%
Free cash flow ÷ net income	72.9%	84.5%	—	—	—
Dividends and buybacks ÷ free cash flow	—	70.8%	—	—	—

US$ thousands unless shown otherwise. Fiscal quarters.

Six Flags Entertainment Corporation: financial ratios, quarterly
Quarter	2024 Q3Sept 2024	2024 Q4Dec 2024	2025 Q1Mar 2025	2025 Q2Jun 2025	2025 Q3Sept 2025	2025 Q4Dec 2025	2026 Q1Mar 2026	2026 Q2Jun 2026
Gross margin	91.9%	91.6%	89.3%	91.3%	91.6%	91.4%	90.6%	91.3%
Operating margin	19.5%	7.4%	−158.9%	8.0%	−83.7%	−3.8%	−138.4%	10.2%
Net margin	8.2%	−38.4%	−108.7%	−10.7%	−90.1%	−14.2%	−119.0%	−23.4%
Free-cash-flow margin	16.9%	−18.3%	−157.4%	2.0%	19.4%	−16.8%	−60.8%	16.2%
Current ratio	0.40	0.43	0.37	0.52	0.58	0.69	0.68	0.42
Debt to equity	204.3%	241.6%	286.2%	298.0%	818.3%	942.4%	>999%	>999%
SG&A as % of revenue	15.5%	12.9%	44.9%	14.0%	8.5%	16.5%	32.5%	15.1%

Returns use average equity or assets over the year. Return on equity is left blank when equity is negative or so small that the ratio says nothing (above ±200%); interest cover is left blank above 200 times. Price-based ratios such as P/E are on the valuation page.

Financial health

0 of 4 checks passed · June 28, 2026

What it owns · $7.4bn

Short-term assets $550mLonger-term assets $6.9bn

What it owes, and who funded it · $1.4bn

Short-term liabilities $1.3bnShareholders' equity $115m

Short-term assets cover short-term liabilities $550m of assets due within a year against $1.3bn of liabilities due within a year.
Short-term assets cover long-term liabilities Not assessable from the reported split. Not assessable.
More cash than debt $135m of cash against $5.0bn of debt.
Debt below 40% of shareholders' equity Debt is 4347% of equity.
Debt burden no higher than five years ago Five-year comparison not available. Not assessable.
A year's operating cash flow covers at least 20% of debt $471m of operating cash flow against $5.0bn of debt.
Operating profit covers interest at least five times over Interest not separately reported. Not assessable.

From Six Flags Entertainment Corporation's latest balance sheet as filed. Checks are fixed, documented rules (methodology), counted only where the company reports the figures — a dot means the filing doesn't break the item out. Descriptions of reported data, not advice.

Moat

Not assessed: fewer than five years of comparable figures in the filings. AI disruption exposure for this industry: Medium.

A rules-based reading of reported figures, not a forecast and not investment advice. How the score is built: methodology.

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Figures from Six Flags Entertainment Corporation's SEC filings (10-K and 10-Q), retrieved October 26, 2026. How we read and check them: methodology and data sources. Not investment advice. Back to Six Flags Entertainment Corporation.