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United Parks & Resorts Inc. (PRKS) stock

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NYSE: PRKS NYSE Leisure Facilities Next results ~November 5, 2026

B Fundamentals grade

United Parks & Resorts Inc. is a US-listed company in the leisure facilities industry. Its financial year ends in December.

Stock price today

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Third-party market data · may be delayed

Fair value per share

Under review: after-tax interest is 54% of the cash flow left for shareholders; our flat discount rate doesn't yet reflect debt this heavy.

Price vs value

Under review: after-tax interest is 54% of the cash flow left for shareholders; our flat discount rate doesn't yet reflect debt this heavy. We'll show the comparison once resolved.

United Parks & Resorts Inc. valuation: adjust assumptions and compare models →

Who’s trading

What company insiders, investment funds and members of Congress have been doing with the stock, from their own filings.

  • Insiders0 buying, 2 selling0 purchases and 4 sales by directors and officers, last 12 monthsInsider trades
  • Funds101 adding, 118 cuttingOf 40 active managers that changed their stake, 20 added; quarter to June 30, 2026Fund buyers and sellers

Value diary

Our note on each quarter United Parks & Resorts files

Where United Parks & Resorts stands after its latest 10-Q

Revenue for the twelve months to June 2026 was $1.65bn, down 3.5% on a year earlier, about the same pace as a quarter earlier. Free-cash-flow margin fell to 10.0% from 14.7% a year earlier. Operating margin narrowed to 19.2% from 25.4%. The diluted share count is down 8.1% on a year earlier, which lifts each remaining share. Against its peers on growth, profitability, cash generation and balance sheet, it grades C. It passes 0 of our 5 financial-health checks.

Our model value for United Parks & Resorts is under review, so past values are not shown until it is resolved.

Source: 10-Q filed August 7, 2026 on SEC EDGAR · Financials · Valuation

Written from the company's filings and our models when each quarter's report arrives. Figures in older notes are as published at the time. Not investment advice.

The Fundamentalytics view

Next results ~November 5, 2026 (estimated)

United Parks & Resorts Inc.'s trailing-twelve-month revenue fell 3.5% year on year, with a free-cash-flow margin of 10.0%. Where it stands out: change in share count of -8.1% ranks 1 of 14 leisure facilities companies we cover. Where it lags: long-term debt as % of assets of 85.6% ranks 11 of 12 leisure facilities companies we cover.

Our discounted-cash-flow model values the business at ~$55 per share in the base case (~$29–$89 across growth scenarios) — model values under stated assumptions, not a price target.

Current signal Operating margin compressing: TTM operating margin fell to 19.2%, down 6.2pp year over year.

Assembled from SEC-filed figures — the full workings are on this page and in our methodology. Observations, not recommendations.

Highlights

How we pick these

Strengths

  • Shrinking share count. Diluted shares fell 8.1% in a year, so each share owns more of the business.

Things to watch

  • Results due soon. Results are expected around 5 November; the share price can move sharply on the day.
  • Revenue shrinking. Revenue fell 3.5% over the last 12 months.
  • Margins narrowing. Operating margin is down 6.2 points on a year ago.
  • Volatile shares. Over the past year the shares showed annualised volatility of 51% and a beta of 1.3 against the S&P 500.
  • Below peers: long-term debt as % of assets. Long-term debt as % of assets of 85.6% ranks 11 of 12 leisure facilities companies we cover (median 54.9%).
  • Heavily shorted. 30.5% of the shares available to trade are sold short (7.2 days of average volume to cover).

Latest results: FY2026 Q2

Filed August 7, 2026
Earnings per share
$1.78 against an average estimate of $1.93: missed by 8.0%
Revenue
$483m, down 1.4% on a year earlier
Share reaction
+1.2% in the first session after the results on August 4, 2026, against +1.6% for the S&P 500
Next report
November 5, 2026; average EPS estimate $2.04

United Parks & Resorts' figures from its SEC filings and results release; estimates are the analysts' average. Not a recommendation.

Price chart

  • 1 day+8.1%
  • 1 week+8.6%
  • 1 month+2.6%
  • This year-8.2%
  • 1 year-31.2%
  • 5 years-49.1%
  • S&P 500 this year+11.2%

Closing prices to 2026-11-02. Price change only, dividends excluded.

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Third-party market data · may be delayed

At a glance

Trailing twelve months, from SEC filings

Profitability

Revenue (TTM)
$1.6B
Operating margin
19.2%
Net margin
8.1%
EPS (TTM, diluted)
$2.59

Growth

Revenue growth
−3.5%
Change in growth rate
+0.0 pts
Share count change
−8.1%

Cash

Free cash flow (TTM)
$165M
FCF margin
10.0%
Stock pay % of revenue
1.2%

Earnings

Last results
August 4, 2026
Next results (est.)
November 5, 2026

News & updates

Updated October 31, 2026

Company announcements, filed results and changes that matter to shareholders.

  1. Leadership
  2. Results

Refreshed hourly when new source data is available. Summaries are checked against company releases and SEC filings. Company announcement headlines are labelled when a checked summary is unavailable.

Valuation

United Parks & Resorts Inc. valuation models and calculator

Fundamentalytics rating

model v1.6 · 2026-11-03

Not rated: held for review: after-tax interest is 54% of the cash flow left for shareholders; our flat discount rate doesn't yet reflect debt this heavy.

The inputs used by the models below have passed source checks. Individual model values are available below and in the interactive valuator. Their differences are shown explicitly; the platform combined value and recommendation remain withheld.

Valuation models

We value United Parks & Resorts Inc. as an operating company, with every model that fits that kind of business. Cost of equity 9.4%: the 10-year Treasury yield (4.9%) plus a beta of 0.99 times a 4.5% equity risk premium.

Value per share by model
Model Value per share In the combined value?
Cash-flow model (DCF) Free cash flow to the firm (after stock pay, with after-tax interest added back), grown then faded to 2.5%, discounted at 8.5% as the firm rate, less debt and other claims. — Does not apply: This model is withheld pending its input or assumption review.
Forward price-to-earnings vs peers Next year's consensus earnings per share times peers' typical (harmonic-mean) forward price-to-earnings. Uses analysts' consensus estimates (third-party data), not our forecasts. ~$72 ~$73–$100 Included
Residual income Book value plus the present value of returns above the cost of equity, fading over ten years. — Does not apply: This model is withheld pending its input or assumption review.
Justified price-to-book Book value times (return on equity - growth) / (cost of equity - growth): steady-state returns. — Does not apply: This model is withheld pending its input or assumption review.
Combined value Individual source-checked model scenarios are available. The platform combined value and recommendation remain withheld. — Combined value withheld. Review the individual models and their assumptions.

Different models fail in different ways, so where several apply we average them rather than trust one. Peer-based models compare United Parks & Resorts Inc. with Leisure Facilities in our coverage, using third-party market data. Model values are estimates under stated assumptions, updated as new filings arrive; not price targets or investment advice. How each model works.

Valuation multiples over time Market data may be delayed

At fiscal year end 20152016201720182019202020212022202320242025Now
Share price$18.84$18.93$13.57$22.09$31.71$31.59$64.86$53.51$52.83$56.19$36.30$33.31
Market value$1.6bn$1.6bn$1.2bn$1.9bn$2.6bn$2.5bn$5.2bn$3.8bn$3.4bn$3.4bn$2.0bn$1.7bn
+ Net debt (− = net cash)$1.6bn$1.5bn$1.5bn$1.5bn$1.5bn$1.8bn$1.7bn$2.1bn$1.9bn$2.1bn$2.1bn$2.3bn
Enterprise value$3.2bn$3.1bn$2.7bn$3.4bn$4.1bn$4.3bn$6.9bn$5.8bn$5.3bn$5.5bn$4.1bn$4.0bn
Multiples
Price / sales 1.2x1.2x0.9x1.4x1.8x5.7x3.4x2.2x2.0x2.0x1.2x1.0x
Price / earnings 33.0x——42.9x28.7x—20.1x12.9x14.5x14.8x11.9x12.8x
Price / free cash flow 12.6x13.4x58.4x16.8x16.8x—13.8x10.3x17.0x14.6x12.3x10.4x
EV / EBITDA 9.4x12.1x—11.0x10.9x—11.8x8.8x8.6x8.8x7.7x8.0x

Market value uses the period's diluted share count; figures for each fiscal year use that year's results and the price at year end. "Now" uses today's price and the last twelve months.

Moat

51 /100

Moderate moat

How hard United Parks & Resorts's competitive advantage looks for rivals to wear away, judged from 10 years of its own filings: returns on capital, pricing power, profit durability, cash conversion and discipline.

  • Returns on capital 5 / 20

    Net income has been a median 4.7% of total assets over 10 years.

  • Durability 5 / 20

    Operating margin has been a median 17.8%; its worst year was -6.2%.

  • Cash conversion 14 / 20

    Free cash flow was positive in 9 of 10 years, at a median 10.5% of revenue.

  • Discipline 20 / 20

    The diluted share count fell 34.6% over five years; stock-based pay has been a median 1.2% of revenue.

AI disruption exposure: Medium. In this industry, AI could change how the product is made or sold, without replacing the core asset. The score above includes a 5-point deduction for that exposure (56 before it).

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

Forecasts and guidance

Next results: November 5, 2026, before the open. Analysts expect revenue of $511m and EPS of $2.04 (range $1.96 to $2.15) for the quarter.

Analysts' consensus

Fiscal yearEPSGrowthRevenueGrowth
Current $3.48 −8% $1.7bn −0%
Next $4.34 +25% $1.7bn +3%

Next year's EPS estimate has moved −3.3% in 90 days, across 4 analysts.

Earnings against estimates

Quarter toEstimateActualSurprise
Jun 2026 $1.93 $1.78 −8.0%
Mar 2026 −$0.20 −$0.42 −106.7%
Dec 2025 $0.66 $0.48 −27.8%
Sept 2025 $2.45 $1.61 −34.2%

Adjusted EPS as companies report it, against the average analyst estimate.

Analyst recommendations

12 analysts, Oct 2026
Buy433%
Hold867%
Sell00%

Monthly trend

  1. Oct 20264812
  2. Sep 20264812
  3. Aug 20264812
  4. Jul 20264812

Counts of recommendations published by analysts covering United Parks & Resorts Inc., by month. Source: Aggregated broker recommendations (third-party data). Aggregated counts only: we do not reproduce any firm's recommendation or price target, and these are not Fundamentalytics ratings.

Positioning

Short interest
30.5%
of tradable shares
Days to cover
7.21
at average volume
Short interest, 1 month
−12%
to September 30, 2026
Held by institutions
—
of shares
Held by insiders
2.5%
of shares
Employees
3,300
full time

Consensus figures average analysts' published estimates (third-party data); guidance is the company's own. Neither is our forecast. Short interest is reported twice a month and lags. Market data may be delayed.

This section is general information, not investment advice or a personal recommendation, and it does not take account of your objectives or circumstances. Forecasts and guidance are estimates, not promises: companies miss their own guidance and analysts' figures are often revised. Prices can fall as well as rise, and you can lose money. See our disclaimer.

Share-price performance

Market data may be delayed

What moved the share price

Last 12 months −31.2%

$48.40 on October 31, 2025 to $33.31

ThenNowEffect
Revenue (last 12 months) $1.7bn $1.6bn −3.5%
Net margin 12.4% 8.1% −34.5%
P/E multiple 12.8x 12.8x +0.2%
Share count 56m 52m +8.8%

Biggest factor: net margin.

Last 3 years −29.5%

$47.27 on November 3, 2023 to $33.31

ThenNowEffect
Revenue (last 12 months) $1.7bn $1.6bn −5.6%
Net margin 14.6% 8.1% −44.3%
P/E multiple 12.2x 12.8x +5.6%
Share count 65m 52m +26.9%

Biggest factor: net margin.

The effects multiply back to the price change exactly. Results are the last 12 months as known on each date (filings assumed public 45 days after quarter end).

Return and risk by year

Calendar year 202120222023202420252026 to date
Return
PRKS+105%−18%−1%+6%−35%−8%
Industry peers (median)+17%−16%+1%+11%−13%−49%
S&P 500+29%−18%+26%+25%+18%+11%
Months that ended higher
PRKS58%42%50%58%42%46%
S&P 50075%42%67%75%75%46%
Largest fall from a high during the year
PRKS−25%−46%−38%−22%−48%−37%
S&P 500−5%−25%−10%−8%−19%−9%

Worst fall since November 3, 2015: 80% from February 14, 2020 to March 18, 2020. Getting back needed a 394% gain, reached on February 19, 2021, 338 days after the low.

Price behaviour

52-week range
$29.73 – $48.44
From 52-week high
−31.2%
vs 50-day average
−5.0%
vs 200-day average
−12.5%
Volatility (1 year)
51%
Beta vs S&P 500
1.31

Volatility is the annualised standard deviation of daily returns. Beta 1.5 means the shares typically moved 1.5% for each 1% move in the S&P 500 over the past year. Prices to November 2, 2026.

Share price after results

Next day
7 up, 5 down
typical move ±6.1%
After a week
6 up, 6 down
typical move ±9.1%
After a month
6 up, 6 down
typical move ±11.4%
Results releasedNext dayS&P 500 next day5 days21 days
August 4, 2026 +1.2% +1.6% −3.0% −10.2%
May 11, 2026 −10.4% +0.1% −7.8% +12.4%
February 26, 2026 +3.0% −1.0% +4.1% −12.0%
November 6, 2025 −20.4% −1.0% −28.3% −23.3%
August 7, 2025 +5.4% +0.7% +15.4% +14.1%
May 12, 2025 +4.4% +4.0% +4.7% −10.0%
February 26, 2025 −9.2% −1.5% −9.1% −13.2%
November 7, 2024 −0.1% +1.2% +3.3% +0.5%
August 7, 2024 +0.7% +1.6% 0.0% +11.5%
July 29, 2024 −4.5% −0.4% −15.4% −11.2%
May 8, 2024 +9.2% +0.6% +8.2% +2.9%
February 28, 2024 +5.2% +0.2% +9.7% +15.2%

From the close before the release date to the close 1, 5 and 21 trading days after it, so releases before the open and after the close are both captured. Past moves don't predict future ones.

United Parks & Resorts Inc. in five measures

Fundamentals grade B
Growth Profitability Cash Balance sheet

Growth, profitability, cash generation and balance sheet are percentiles against the companies we cover in the same industry, from SEC filings (100 = best). Value compares the share price with our modelled value range (50 = at our base value; higher = cheaper). A description of reported data and our model — not a quality score or advice.

Fundamentals

Revenue (TTM) United Parks & Resorts Inc.
$1.6B $1.7B $1.7B $1.8B FY23 Q3 FY24 Q2 FY25 Q1 FY26 Q2 Revenue (TTM), FY23 Q3: $1.7B Revenue (TTM), FY23 Q4: $1.7B Revenue (TTM), FY24 Q1: $1.7B Revenue (TTM), FY24 Q2: $1.7B Revenue (TTM), FY24 Q3: $1.7B Revenue (TTM), FY24 Q4: $1.7B Revenue (TTM), FY25 Q1: $1.7B Revenue (TTM), FY25 Q2: $1.7B Revenue (TTM), FY25 Q3: $1.7B Revenue (TTM), FY25 Q4: $1.7B Revenue (TTM), FY26 Q1: $1.7B Revenue (TTM), FY26 Q2: $1.6B $1.6B

Source: SEC EDGAR filings. Retrieved October 26, 2026.

View chart data
Period Revenue (TTM)
FY23 Q3 $1.7B
FY23 Q4 $1.7B
FY24 Q1 $1.7B
FY24 Q2 $1.7B
FY24 Q3 $1.7B
FY24 Q4 $1.7B
FY25 Q1 $1.7B
FY25 Q2 $1.7B
FY25 Q3 $1.7B
FY25 Q4 $1.7B
FY26 Q1 $1.7B
FY26 Q2 $1.6B
Revenue growth, TTM YoY United Parks & Resorts Inc.
-4% -2% 0% 2% FY23 Q3 FY24 Q2 FY25 Q1 FY26 Q2 Revenue growth, TTM YoY, FY23 Q3: 1.0% Revenue growth, TTM YoY, FY23 Q4: -0.3% Revenue growth, TTM YoY, FY24 Q1: -1.3% Revenue growth, TTM YoY, FY24 Q2: -0.7% Revenue growth, TTM YoY, FY24 Q3: 0.1% Revenue growth, TTM YoY, FY24 Q4: -0.1% Revenue growth, TTM YoY, FY25 Q1: -0.9% Revenue growth, TTM YoY, FY25 Q2: -1.4% Revenue growth, TTM YoY, FY25 Q3: -3.3% Revenue growth, TTM YoY, FY25 Q4: -3.6% Revenue growth, TTM YoY, FY26 Q1: -3.6% Revenue growth, TTM YoY, FY26 Q2: -3.5% -3.5%

Source: SEC EDGAR filings. Retrieved October 26, 2026.

View chart data
Period Revenue growth, TTM YoY
FY23 Q3 1.0%
FY23 Q4 -0.3%
FY24 Q1 -1.3%
FY24 Q2 -0.7%
FY24 Q3 0.1%
FY24 Q4 -0.1%
FY25 Q1 -0.9%
FY25 Q2 -1.4%
FY25 Q3 -3.3%
FY25 Q4 -3.6%
FY26 Q1 -3.6%
FY26 Q2 -3.5%
Operating margin (TTM) United Parks & Resorts Inc.
15% 20% 25% 30% FY23 Q3 FY24 Q2 FY25 Q1 FY26 Q2 Operating margin (TTM), FY23 Q3: 27.3% Operating margin (TTM), FY23 Q4: 26.6% Operating margin (TTM), FY24 Q1: 27.2% Operating margin (TTM), FY24 Q2: 27.7% Operating margin (TTM), FY24 Q3: 27.6% Operating margin (TTM), FY24 Q4: 26.9% Operating margin (TTM), FY25 Q1: 26.7% Operating margin (TTM), FY25 Q2: 25.4% Operating margin (TTM), FY25 Q3: 23.0% Operating margin (TTM), FY25 Q4: 22.0% Operating margin (TTM), FY26 Q1: 20.6% Operating margin (TTM), FY26 Q2: 19.2% 19.2%

Source: SEC EDGAR filings. Retrieved October 26, 2026.

View chart data
Period Operating margin (TTM)
FY23 Q3 27.3%
FY23 Q4 26.6%
FY24 Q1 27.2%
FY24 Q2 27.7%
FY24 Q3 27.6%
FY24 Q4 26.9%
FY25 Q1 26.7%
FY25 Q2 25.4%
FY25 Q3 23.0%
FY25 Q4 22.0%
FY26 Q1 20.6%
FY26 Q2 19.2%
FCF margin (TTM) United Parks & Resorts Inc.
8% 10% 12% 14% 16% FY23 Q3 FY24 Q2 FY25 Q1 FY26 Q2 FCF margin (TTM), FY23 Q3: 12.2% FCF margin (TTM), FY23 Q4: 11.6% FCF margin (TTM), FY24 Q1: 11.8% FCF margin (TTM), FY24 Q2: 10.9% FCF margin (TTM), FY24 Q3: 10.5% FCF margin (TTM), FY24 Q4: 13.4% FCF margin (TTM), FY25 Q1: 12.6% FCF margin (TTM), FY25 Q2: 14.7% FCF margin (TTM), FY25 Q3: 13.2% FCF margin (TTM), FY25 Q4: 9.8% FCF margin (TTM), FY26 Q1: 11.5% FCF margin (TTM), FY26 Q2: 10.0% 10.0%

Source: SEC EDGAR filings. Retrieved October 26, 2026.

View chart data
Period FCF margin (TTM)
FY23 Q3 12.2%
FY23 Q4 11.6%
FY24 Q1 11.8%
FY24 Q2 10.9%
FY24 Q3 10.5%
FY24 Q4 13.4%
FY25 Q1 12.6%
FY25 Q2 14.7%
FY25 Q3 13.2%
FY25 Q4 9.8%
FY26 Q1 11.5%
FY26 Q2 10.0%

Data: SEC EDGAR XBRL company facts (as filed in 10-K/10-Q); forms 10-K, 10-Q. Generated November 3, 2026. Definitions in our methodology.

Where the money goes

FY2025, from the 10-K

Each dollar United Parks & Resorts took in during FY2025, followed through to profit: what it cost to make, what went on running the business, and what was left after tax.

  1. Revenue $1.7B
  2. Selling, general and admin $228M · 13.7%
  3. Other operating costs $1.1B · 64.3%
  4. Operating income $365M · 22.0%
  5. Income tax $58.2M · 3.5%
  6. Interest and other $139M · 8.4%
  7. Net income $168M · 10.1%

Shares of revenue. Source: United Parks & Resorts's 10-K for FY2025, as filed with the SEC. "Other" lines are what the reported lines leave unexplained.

Financial statements

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

Fiscal year 2011 Dec 2011 2012 Dec 2012 2013 Dec 2013 2014 Dec 2014 2015 Dec 2015 2016 Dec 2016 2017 Dec 2017 2018 Dec 2018 2019 Dec 2019 2020 Dec 2020 2021 Dec 2021 2022 Dec 2022 2023 Dec 2023 2024 Dec 2024 2025 Dec 2025 LTM Jun 2026
Income
Revenue 1,331 1,424 1,460 1,378 1,371 1,344 1,263 1,372 1,398 432 1,504 1,731 1,727 1,725 1,663 1,647
EBITDA 358 390 364 337 342 259 −38 313 374 −91 581 660 614 627 540 497
Operating income 144 223 198 161 159 60 −201 152 213 −242 432 508 460 463 365 317
Net income 19 74 52 50 49 −13 −202 45 89 −312 257 291 234 227 168 134
Diluted EPS $0.23 $0.89 $0.59 $0.57 $0.57 −$0.15 −$2.36 $0.52 $1.10 −$3.99 $3.22 $4.14 $3.63 $3.79 $3.06 $2.59
Growth (year on year)
Revenue — +7.0% +2.6% −5.6% −0.5% −1.9% −6.0% +8.6% +1.9% −69.1% +248.3% +15.1% −0.3% −0.1% −3.6% −3.5%
EBITDA — +8.9% −6.6% −7.4% +1.5% −24.2% −114.7% — +19.6% −124.4% — +13.7% −7.0% +2.1% −13.9% −17.5%
Operating income — +54.3% −11.2% −18.8% −0.7% −62.6% −437.9% — +40.6% −213.4% — +17.5% −9.4% +0.8% −21.1% −27.0%
Net income — — −30.0% −3.9% −1.6% −125.5% — — +99.8% −449.1% — +13.5% −19.6% −2.9% −26.0% −36.9%
Diluted EPS — — −33.7% −3.4% 0.0% −126.3% — — +111.5% −462.7% — +28.6% −12.3% +4.4% −19.3% −31.3%
Margins
EBITDA margin 26.9% 27.4% 24.9% 24.4% 24.9% 19.3% −3.0% 22.8% 26.7% −21.1% 38.6% 38.1% 35.6% 36.3% 32.5% 30.2%
Operating margin 10.8% 15.6% 13.6% 11.7% 11.6% 4.4% −15.9% 11.1% 15.2% −56.0% 28.7% 29.3% 26.6% 26.9% 22.0% 19.2%
Net margin 1.4% 5.2% 3.6% 3.6% 3.6% −0.9% −16.0% 3.3% 6.4% −72.3% 17.1% 16.8% 13.6% 13.2% 10.1% 8.1%
Free-cash-flow margin 2.9% 7.6% 8.2% 7.8% 9.4% 8.9% 1.6% 8.3% 11.0% −53.2% 24.9% 21.0% 11.6% 13.4% 9.8% 10.0%
Cash flow
Cash from operations 264 299 286 262 286 280 192 294 348 −121 503 565 505 480 380 410
Capital spending 225 192 166 155 157 161 173 180 195 109 129 201 305 248 217 245
Free cash flow 39 108 120 107 129 120 20 114 153 −230 374 364 200 232 163 165
Stock-based pay 1 1 6 2 7 38 23 22 11 7 40 18 17 14 17 19
Free cash flow after stock pay 38 107 114 105 122 82 −3 92 142 −237 334 346 183 218 145 145
Balance sheet
Cash 67 46 117 44 19 69 33 34 40 434 444 79 247 116 100 19
Total debt 0 1,846 1,658 1,612 1,601 1,598 1,560 1,553 1,558 2,220 2,150 2,138 2,126 2,263 2,248 2,290
Net debt (negative = net cash) −67 1,800 1,541 1,569 1,582 1,529 1,527 1,519 1,518 1,786 1,706 2,058 1,879 2,148 2,148 2,271
Diluted shares 82m 84m 88m 87m 86m 85m 86m 87m 81m 78m 80m 70m 64m 60m 55m 52m
Returned to shareholders
Dividends 107 503 18 72 72 65 2 0 — — — — — — — —
Buybacks — — 44 60 51 — — 98 150 12 216 694 18 483 160 371
Total returned 107 503 62 132 123 65 2 98 150 12 216 694 18 483 160 371

Source: SEC EDGAR XBRL company facts (US and foreign periodic filings); column headings link to the filing. EBITDA is operating income plus depreciation and amortisation. Free cash flow is cash from operations minus capital spending. Growth is left blank when last year's figure was a loss or under 2% of revenue. Share counts and EPS are restated for stock splits. A dash means the company didn't report the figure.

Financial health

0 of 5 checks passed · June 30, 2026
What it owns · $2.6bn
Short-term assets $244mLonger-term assets $2.4bn
What it owes, and who funded it · $3.3bn
Short-term liabilities $510mLonger-term liabilities $2.7bnShareholders' equity $-617m
  • Short-term assets cover short-term liabilities $244m of assets due within a year against $510m of liabilities due within a year.
  • Short-term assets cover long-term liabilities $244m short-term assets against $2.7bn of longer-dated liabilities.
  • More cash than debt $19m of cash against $2.3bn of debt.
  • Debt below 40% of shareholders' equity Equity or debt not reported. Not assessable.
  • 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 $410m of operating cash flow against $2.3bn of debt.
  • Operating profit covers interest at least five times over Operating income of $317m against $130m of interest.

From United Parks & Resorts Inc.'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.

Dividends, buybacks and capital spending

FY2026 Q2 TTM
Buybacks (TTM)
$371M
Buybacks, last 3 fiscal years
$661M
Diluted share count
−8.1%
year over year
Total shareholder yield
23.6%
dividends 0.0% + buybacks 23.6% of market value
Sales & admin spending
14.2%
of revenue
Days sales outstanding
22 days
receivables vs revenue

Competitors: side by side with peers

Closest by revenue in leisure facilities
Last 12 months unless stated PRKS PLNT LUCK OSW MTN FUN Median
Revenue, last 12 months $1.6bn $1.4bn $1.2bn $1.0bn $2.8bn $3.1bn $483m
Revenue growth, last 12 months −3.5% 12.7% 3.7% 9.8% −4.3% −3.5% 6.1%
Revenue growth, 3-year average −1.9% 10.9% 5.6% 10.2% −0.6% — 5.6%
Revenue growth, latest quarter −1.4% 7.1% 0.9% 7.0% 2.5% −7.0% 6.9%
Gross margin — 81.7% 27.2% — — 91.4% 47.9%
Operating margin 19.2% 30.9% 11.0% 9.1% 14.8% −44.2% 6.2%
Operating margin, 3-year average 24.1% 28.6% 10.1% 8.8% 16.9% −8.2% −0.4%
Net margin 8.1% 16.9% −2.9% 8.3% 5.2% −57.3% 5.2%
Cash from operations / revenue 24.9% 30.8% 8.3% 10.5% 16.9% 15.4% 10.5%
Free-cash-flow margin 10.0% 18.6% −0.8% 9.2% 8.7% 4.9% −1.1%
Free-cash-flow margin, 3-year average 11.9% 17.2% −0.4% 8.2% 10.9% 2.5% 0.4%
Stock pay / revenue 1.2% 0.9% 1.0% 1.0% 1.0% 2.0% 1.5%
Change in share count −8.1% — −4.1% −2.1% −3.8% — 3.1%

Median of all 17 companies we cover in leisure facilities. Shaded: best of the six on that line (lowest for stock pay and share-count growth). 3-year figures average the last three 12-month periods; 3-year growth is compound annual. Source: SEC filings.

Peer comparison

17 leisure facilities companies
Measure Company Peer median Rank
Revenue growth Growth -3.5% 6.1% 14 of 17
Change in growth rate Growth +0.0pp -0.0pp 8 of 17
Operating margin Profitability 19.2% 6.4% 2 of 16
Net margin Profitability 8.1% 5.2% 5 of 17
Free-cash-flow margin Cash generation 10.0% -1.1% 2 of 17
Stock pay as % of revenue Cash generation 1.2% 1.5% 6 of 15
Long-term debt as % of assets Balance sheet 85.6% 54.9% 11 of 12
Change in share count Balance sheet -8.1% 4.7% 1 of 14
Days sales outstanding Balance sheet 22 days 22 days 8 of 13

Rank 1 = best in the group (for spending, debt and dilution, lower ranks first).

Where the revenue comes from

Fiscal year to December 31, 2025
Products and services
Line of business Revenue Share YoY
Admission $883M 53.1% ▼ 6.0%
Food Merchandise and Other Revenue $779M 46.9% ▼ 0.8%

From United Parks & Resorts Inc.'s 10-K filed March 3, 2026, as tagged in the filing. View filing. Indented rows are part of the line above; their share is of that line. In the bars, the faint bar behind is the year before.

Who owns it

Funds buying and selling
Reported value
$2.9B
Institutions reporting
232
Shares held vs prior quarter
▼ 6.9%
Positions opened / closed
53 / 32

Top buyers and sellers, Q2 2026: 101 institutions bought and 118 sold ; the biggest buyer was SG Americas Securities, LLC (+810K shares) and the biggest seller Long Pond Capital, LP (−904K). See which funds bought and sold →

Largest reported holders, June 30, 2026
Manager Value Shares Share of 13F value Shares QoQ
Hill Path Capital LP $1.3B 27.2M 44.8% 0.0%
Nomura Holdings Inc $213M 4.5M 7.4% ▼ 0.1%
Blackrock, Inc. $172M 3.6M 5.9% ▼ 12.3%
Voss Capital, LP $79.7M 1.7M 2.7% ▼ 2.6%
Goldentree Asset Management LP $64.8M 1.4M 2.2% ▼ 34.0%
River Road Asset Management, LLC $63.2M 1.3M 2.2% ▼ 36.4%
Hawk Ridge Capital Management LP $56.4M 1.2M 1.9% ▼ 24.4%
UBS Group AG $56.4M 1.2M 1.9% ▲ 36.7%
Vanguard Portfolio Management LLC $53M 1.1M 1.8% ▼ 17.7%
Goldman Sachs Group Inc $50.1M 1.0M 1.7% ▲ 13.0%
Dimensional Fund Advisors LP $49.7M 1.0M 1.7% ▼ 0.1%
Engine Capital Management, LP $47M 984K 1.6% ▼ 4.9%

From Form 13F filings with the SEC ( quarterly data sets), as reported by each manager for June 30, 2026 and filed up to 45 days later. 13F reports cover long US-listed positions of managers above $100M only, so this is not United Parks & Resorts Inc.'s complete shareholder register. Values are as reported by the filers .

Insider trading activity

Full insider history and chart
Insider purchases History → $0 0 trades by 0 insiders, last 12 months Insider sales History → $880,703 4 trades by 2 insiders · 0% under pre-set plans
Net ▼ $880,703 net selling
Insider Date Trade Shares Price Value
Forrester James W Jr See Remarks September 15, 2026 Sell 1,150 $35.71 $41,066
Finazzo Christopher L. Chief Commercial Officer August 6, 2026 Sell 6,622 $44.20 $292,692
Finazzo Christopher L. Chief Commercial Officer May 22, 2026 Sell 8,000 $36.76 $294,080
Finazzo Christopher L. Chief Commercial Officer December 15, 2025 Sell 7,200 $35.12 $252,864

From insiders' Form 4 filings with the SEC. Excludes awards, option exercises and shares withheld for tax. "Pre-set plan" means the filing marks the trade as made under a Rule 10b5-1 plan. See every insider trade since five years ago, on a price chart.

Trades by members of Congress

All 1 trade and filings

No trades in United Parks & Resorts Inc. disclosed in the last 12 months; 1 earlier trade on record.

  • Julie Johnson(D-TX 32):Sale (full), $1,001 - $15,000, traded March 3, 2025, filed April 14, 2025

Value ranges as filed; reports can arrive up to 45 days after a trade.

Earnings dates and SEC filings

Results announcements

Next expected around November 5, 2026 estimated from the company's past filing pattern, not announced

  • August 4, 2026
  • May 11, 2026
  • February 26, 2026
  • November 6, 2025
  • August 7, 2025
  • May 12, 2025

Recent SEC filings

Data status

When each part of this page on United Parks & Resorts Inc. was last updated.

DataLast updatedSource
Share priceExchange closing prices
Financial statementsSEC 10-K and 10-Q filings
News and updatesCompany releases and SEC 8-K filings
Analyst estimatesAggregated analyst estimates
Valuation and scoresOur models, from the filed figures

How we build and check these figures: methodology and data sources.

United Parks & Resorts Inc. in brief

What does United Parks & Resorts Inc. do?
United Parks & Resorts Inc. is a US-listed company in the leisure facilities industry. Its financial year ends in December.
What is United Parks & Resorts Inc.'s stock ticker?
United Parks & Resorts Inc. trades under the ticker PRKS on NYSE. This page brings together its financial statements, valuation models, ownership and recent company updates.
What is United Parks & Resorts Inc.'s revenue, and how fast is it growing?
Over its most recent trailing twelve months, United Parks & Resorts Inc. reported revenue of $1.6B, 3.5% lower than a year earlier, according to its SEC filings.
What is United Parks & Resorts Inc.'s free cash flow?
United Parks & Resorts Inc.'s free-cash-flow margin is 10.0% of revenue over the trailing twelve months, ranking 2 of the 17 leisure facilities companies we cover.
Who are United Parks & Resorts Inc.'s largest institutional shareholders?
By value reported in 13F filings for June 30, 2026, the largest reported holders are Hill Path Capital LP, Nomura Holdings Inc and Blackrock, Inc. 13F reports cover long US-listed positions of managers above $100M, filed up to 45 days after quarter end.
Is United Parks & Resorts Inc. buying back stock, and does it pay a dividend?
United Parks & Resorts Inc. spent $371M on share repurchases over the trailing twelve months, and its diluted share count fell 8.1% over the year.
What is United Parks & Resorts Inc.'s market cap?
On November 2, 2026, United Parks & Resorts Inc.'s market capitalisation was about $1.7B, with a price-to-earnings ratio of 12.8 and net debt of $2.3B. Market figures come from third-party market data and may be delayed.
Who are United Parks & Resorts Inc.'s competitors?
In our Leisure Facilities peer group, the companies closest to United Parks & Resorts Inc. are Planet Fitness, Inc., Lucky Strike Entertainment Corp, Onespaworld Holdings Ltd, Vail Resorts Inc and Six Flags Entertainment Corporation. The side-by-side comparison below sets their revenue, margins and growth against United Parks & Resorts Inc.'s.
Are insiders buying or selling United Parks & Resorts Inc. stock?
Over the last 12 months, United Parks & Resorts Inc.'s directors and officers reported 0 open-market purchases and 4 sales on Form 4. The insider trading page charts every trade.
When is United Parks & Resorts Inc.'s next earnings date?
Around November 5, 2026, estimated from the spacing of its past results announcements (8-K filings). That is an estimate, not a confirmed date — United Parks & Resorts Inc. announces its own schedule.