FUNSix Flags Entertainment Corporation
Is the business good?
The checks split: 4 of 9 health tests passed and margins steady.
Mixed fundamental signals. Nine pass/fail tests of year-over-year health from the filings.
Margins have held roughly steady, a stable cost structure.
Where this answer is blind. The F-score rewards improvement, so an already-elite company can score mid-pack.
How good a business is FUN?
Six Flags Entertainment Corporation earns −22% on the capital it employs against a 9.0% cost of capital, so growth costs more than it returns.
Return on invested capital · cost of capital 9.0% · 31 points below what the capital costs: growth destroys value
- Operating margin
- −44%
Operating margin · Leisure median 9.2% · 12 months to Q2 2026
- Share count, year on year
- +1.1%
Share count, year on year · shareholders own a smaller slice than a year ago
- Gross margin
- 91%
Gross margin
| Year | Operating margin |
|---|---|
| FY2022 | 29% |
| FY2023 | 17% |
| FY2024 | 11% |
| FY2025 | −44% |
Details›
- Gross margin12 months to Q2 2026
- 91%
- Operating margin12 months to Q2 2026
- −44%
- Net margin12 months to Q2 2026
- −57%
- Free cash flow margin
- 4.9%
- Revenue, trailing twelve months
- $3.06B
- Free cash flow, trailing twelve months
- $150M
- Net income, trailing twelve months
- −$1.75B
- Return on invested capitaloperating profit after tax ÷ debt + equity − cash
- −22%
Margins, capital and share counts from the statements as filed with the SEC; cash conversion is operating cash flow over operating profit after tax.