# Six Flags Entertainment Corporation (FUN)

> Source: Nexqual · https://nexqual.com/FUN · data as of 2026-10-15 20:00 UTC · cite as "Nexqual, Six Flags Entertainment Corporation (FUN), nexqual.com/FUN" · informational, not investment advice.

**Price:** USD 8.55 (-4.36% on the day) · last close of Oct 15, 2026; US market closed, not a live price. Prev close 8.94 · day 8.45–9.05 · 52w 8.45–27.37 · market cap $875M · NYQ

## Key facts
- Last four reported quarters (through Jun 28, 2026): revenue $3.06B, net income -$1.75B (-57.3% margin), free cash flow $150M (SEC filings).
- Analysts: Buy (mean 2.36 on a 1–5 scale) (14 analysts), mean target USD 20.38 (range 10–28).
- Total return with dividends: 1Y -59.8% vs S&P 500 +18.1%; 5Y -80.6% vs S&P 500 +85.1%.
- Next earnings: 2026-11-05, EPS estimate USD 2.09, revenue estimate $1.17B.

## Financials (SEC 10-K; TTM = last four 10-Q/10-K quarters)
| USD | FY2024 | FY2024 | FY2024 | FY2025 | TTM |
|---|---|---|---|---|---|
| Revenue | $1.82B | $1.80B | $2.71B | $3.10B | $3.06B |
| Gross profit | $1.65B | $1.64B | $2.48B | $2.83B | — |
| Operating income | $520M | $306M | $311M | -$1.38B | -$1.35B |
| Net income | $308M | $125M | -$231M | -$1.60B | -$1.75B |
| EPS (diluted) | — | $2.42 | -$3.22 | -$15.89 | — |
| Free cash flow | $224M | $105M | $52.6M | -$152M | $150M |
| Gross margin | 91.0% | 91.1% | 91.4% | 91.3% | — |
| Operating margin | 28.6% | 17.0% | 11.5% | -44.4% | -44.2% |
| Net margin | 16.9% | 6.9% | -8.5% | -51.6% | -57.3% |
| Revenue growth | — | -1.0% | +50.6% | +14.4% | — |
| Cash + short-term investments | $101M | $65.5M | $83.2M | $91.1M | — |
| Total debt | — | $2.28B | $4.93B | $5.18B | — |
Fiscal years end Dec. EPS is split-adjusted.

## Valuation (price ÷ last four quarters, through Jun 28, 2026)
P/S 0.3x · EV/Sales 1.9x · P/FCF 5.8x · P/B 7.6x · FCF yield 17.16% · Earnings yield -200.15% · Net debt $4.85B · EV $5.73B
P/E at fiscal year-ends: Dec 2023 16.5x.

## Analysts
Consensus Buy (mean 2.36 on a 1–5 scale), 14 analysts; mean target USD 20.38 (low 10, high 28).
Rating changes, last 120 days:
| Date | Firm | Action | Rating | Price target |
|---|---|---|---|---|
| 2026-10-08 | Citigroup | Target lowered | Neutral | $17 → $13 |
| 2026-09-10 | Truist Securities | Target lowered | Buy | $28 → $22 |
| 2026-08-11 | JP Morgan | Target lowered | Neutral | $26 → $22 |
| 2026-08-07 | Barclays | Target lowered | Overweight | $26 → $22 |
| 2026-08-07 | Oppenheimer | Target lowered | Outperform | $26 → $23 |
| 2026-08-07 | Citizens | Target lowered | Market Outperform | $29 → $24 |
| 2026-07-24 | Guggenheim | Target lowered | Buy | $33 → $28 |
| 2026-07-10 | Citigroup | Target lowered | Neutral | $24 → $19 |
| 2026-06-29 | Citizens | Initiated | Market Outperform | $29 |

## Total return (dividends reinvested)
|  | 1Y (from 2025-10-16) | 5Y (from 2021-10-11) |
|---|---|---|
| Total return | -59.8% | -80.6% |
| S&P 500 (SPY) | +18.1% | +85.1% |
| Per year | -59.9% | -27.9% |
| Volatility (annualized) | 70.3% | 46.4% |
| Max drawdown | -68.0% (Oct 2025→Oct 2026) | -85.3% (Feb 2022→Oct 2026) |

## Peers (Leisure)
LUCK (LUCKY STRIKE ENTERTAINMENT CORP) USD 5.09 -1.36% · TRON (Tron Inc.) USD 1.18 -3.69% · PRKS (United Parks & Resorts Inc.) USD 32.75 -3.53% · JOUT (Johnson Outdoors Inc.) USD 43.41 +1.64% · FNKO (Funko, Inc.) USD 6.83 +4.68% · PTON (Peloton Interactive, Inc.) USD 5.33 +2.11%

## More
Full page: https://nexqual.com/FUN · Free keyless MCP server with the same data and citations: https://mcp.nexqual.com/mcp · Guide for agents: https://nexqual.com/agents · https://nexqual.com/llms.txt