Six Flags
FUN NYSE Leisure Facilities 金融 FY2016–FY2025
Six Flags' revenue rose 14.4% to $3.1 billion in fiscal 2025. Its operating margin was −44.4%, down from 11.5% a year earlier. Free cash flow was −$152 million, against $53 million a year earlier. The diluted share count rose 33.8%.
このデータについて。 Write-downs in 2025 made Six Flags' EBITDA negative, so net debt to EBITDA is left blank that year. Earnings per share for 2023 is per Cedar Fair partnership unit (each unit became one Six Flags share in the merger); Cedar Fair's per-unit figures for earlier years aren't in the SEC's structured data.
Six Flagsの事業内容
Six Flags runs amusement parks, water parks and resorts. It says it is North America's largest regional amusement park operator, with 26 amusement parks, 15 separately gated water parks and nine resort properties. Of its 41 amusement and water parks, 37 are in the United States, two are in Mexico and two are in Canada. They include Cedar Point, Knott's Berry Farm, Kings Island, Canada's Wonderland and parks branded Six Flags or Hurricane Harbor. Its most important customers are families and young people ages 12 through 24.
Six Flags makes money from park admissions, from food, merchandise and games, from places to stay and from other extra-charge products. The business is seasonal: approximately 70% of its 2025 attendance and revenue came in the second and third quarters. It also manages Six Flags Qiddiya City in Saudi Arabia for fees, without having to invest capital in the park. It holds licenses to use certain Warner Bros. and DC Comics animated characters and the Peanuts characters in its parks. It competes for people's spending with other amusement parks and with other entertainment, such as movies, sporting events, restaurants and vacation travel.
The company brings together the former Cedar Fair and Six Flags businesses, which merged. As of December 31, 2025, it employed approximately 4,225 full-time employees, a reduction of approximately 15% from the combined number a year earlier after post-merger efficiency efforts. In 2025 it also employed approximately 91,000 seasonal and part-time employees, many of them high school and college students.
- 正式名称
- Six Flags Entertainment Corporation/NEW
- 決算期末
- 2025年12月31日
- 最新の年次報告書
- 10-K · 2026年2月26日
- 受付番号 · CIK
- 0001999001-26-000048
0001999001
売上高と利益率
Six Flagsの2025年度の売上高は$3.1Bで、前年比14.5%増でした。
純利益と1株当たり利益
赤字の期間は赤で表示しています。
資本利益率
事業に投下された資金(負債+自己資本−現金)に対する税引後営業利益の割合。
キャッシュフロー
2025年度のフリーキャッシュフローは−$152Mで、売上高の−4.9%でした。 営業キャッシュフローから設備投資を差し引いた額。
配当、自社株買い、株式数
Six Flagsは2025年度に$0.0Mを株主に還元しました。 希薄化後株式数は33.8%増加しました。
Six Flagsを自分で評価
前提条件を変えて、1株あたりの価値を確認できます。これはモデルであり、予測や目標株価ではありません。結果は入力した値によって決まります。
DCF(割引キャッシュフロー)
1株当たり価値
—
ネットキャッシュ−$5.1Bを加え、希薄化後株式数100.7Mで割ります。10年分のキャッシュフローと継続価値を現在価値に割り引いています。
貸借対照表
現金、負債、そしてSix Flagsがどれだけ余裕を持って負債を抱えられるかを示す指標。
| 期末 | FY21 | FY22 | FY23 | FY24 | FY25 |
|---|---|---|---|---|---|
| 現金および短期投資 | $61.1M | $101M | $65.5M | $83.2M | $91.1M |
| 負債(ファイナンス・リース含む) | $2.5B | $2.3B | $2.3B | $4.7B | $5.2B |
| 純負債 / EBITDA | 8.3x | 3.2x | 4.8x | 7.4x | — |
| 負債 / 自己資本 | — | — | — | 2.3x | 9.4x |
| インタレスト・カバレッジ | 0.8x | 3.4x | 2.2x | 1.3x | −4.1x |
| 流動比率 | 0.7x | 0.6x | 0.5x | 0.4x | 0.7x |
| 当座比率 | 0.6x | 0.5x | 0.4x | 0.4x | 0.6x |
| 総資産 | $2.3B | $2.2B | $2.2B | $9.1B | $7.8B |
| 負債合計 | $3.0B | $2.8B | $2.8B | $7.1B | $7.2B |
| 自己資本 | −$699M | −$592M | −$583M | $2.0B | $550M |
| 純負債 (− = ネットキャッシュ) | $2.5B | $2.2B | $2.2B | $4.6B | $5.1B |
インサイダー取引
役員、取締役、10%超保有者による市場内での売買(Form 4の届出に基づく)。「計画」は事前に定めたRule 10b5-1プランによる取引を示します。
買い(12か月)
$6.4M
インサイダー4人
売り(12か月)
$0.0M
インサイダー0人
売りのうち計画取引
—
$0.0M
| 日付 | インサイダー | 取引 | 株数 | 株価 | 金額 | 書類 |
|---|---|---|---|---|---|---|
| 2026年8月12日 | John T ReillyPresident & CEO, Director | 買い 計画 | 15,713 | $15.80 | $0.2M | Form 4 |
| 2026年6月15日 | Rehan JafferDirector | 買い | 125,000 | $23.41 | $2.9M | Form 4 |
| 2026年6月12日 | Rehan JafferDirector | 買い | 125,000 | $23.69 | $3.0M | Form 4 |
| 2026年5月21日 | Marilyn G SpiegelDirector | 買い | 2,500 | $19.10 | $0.0M | Form 4 |
| 2026年5月12日 | Marilyn G SpiegelDirector | 買い | 2,500 | $19.13 | $0.0M | Form 4 |
| 2026年5月12日 | Richard M HaddrillExecutive Chair, Director | 買い | 10,000 | $19.08 | $0.2M | Form 4 |
ピオトロスキーFスコア
収益性、資金調達、効率性に関する9つの合否テスト。8〜9は良好、0〜2は弱い。
| テスト | FY23 | FY24 | FY25 |
|---|---|---|---|
| 純利益がプラス | ✓ | ✕ | ✕ |
| 営業キャッシュフローがプラス | ✓ | ✓ | ✓ |
| 総資産利益率が上昇 | ✕ | ✕ | ✕ |
| 営業キャッシュフローが純利益を上回る | ✓ | ✓ | ✓ |
| 資産に対する負債が減少 | ✕ | ✓ | ✓ |
| 流動比率が上昇 | ✕ | ✕ | ✓ |
| 株式数が増えていない | — | ✕ | ✕ |
| 売上総利益率が上昇 | ✓ | ✓ | ✕ |
| 資産に対する売上高が上昇 | ✓ | ✓ | ✕ |
| Fスコア | — / 9 | 5 / 9 | 4 / 9 |
| アクルーアル比率 | −9.0% | −10.6% | −22.8% |
| Altman Z'' | — | 0.09 | −2.02 |
類似企業
各社の直近会計年度のデータです。決算月が異なるため、期間は完全には一致しません。
| 企業 | 時価総額 | 成長率 | 営業利益率 | FCFマージン | ROIC | PER | Fスコア | |
|---|---|---|---|---|---|---|---|---|
| Six Flags FUN | $689M | 14.5% | −44.4% | −4.9% | −17.7% | — | 4 | |
| Life Time Group LTH | $9.5B | 14.3% | 16.1% | −0.7% | 8.5% | 22.8x | 8 | 比較 → |
| United Parks & Resorts PRKS | $1.4B | −3.6% | 22.0% | 9.8% | 16.1% | 11.8x | 6 | 比較 → |
| Planet Fitness PLNT | — | 12.1% | 29.8% | 19.2% | 18.4% | — | — | 比較 → |
| OneSpaWorld OSW | $2.4B | 7.4% | 8.5% | 7.1% | 12.7% | 30.2x | 6 | 比較 → |
10年分のデータ
金額はUSD建て。指標名にカーソルを合わせると定義が表示されます。
| 会計年度 | FY16 | FY17 | FY18 | FY19 | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 |
|---|---|---|---|---|---|---|---|---|---|---|
| 損益計算書 | ||||||||||
| 売上高 | $1.3B | $1.3B | $1.3B | $1.5B | $182M | $1.3B | $1.8B | $1.8B | $2.7B | $3.1B |
| 売上総利益 | — | — | — | — | — | — | $1.7B | $1.6B | $2.5B | $2.8B |
| 営業利益 | $317M | $295M | $291M | $309M | −$572M | $148M | $520M | $306M | $311M | −$1.4B |
| 支払利息 | $83.9M | $85.6M | $85.7M | $100M | $151M | $184M | $152M | $142M | $247M | $335M |
| 税引前利益 | $249M | $217M | $161M | $215M | −$728M | −$28.5M | $372M | $173M | $34.2M | −$1.7B |
| 法人税 | $71.4M | $1.1M | $34.7M | $42.8M | −$138M | $20.0M | $64.0M | $48.0M | $241M | −$164M |
| 純利益 | $178M | $216M | $127M | $172M | −$590M | −$48.5M | $308M | $125M | −$231M | −$1.6B |
| 希薄化後EPS | — | — | — | — | — | — | — | $2.42 | −$3.22 | −$15.89 |
| 希薄化後株式数 | — | — | — | — | — | — | — | 0.05B | 0.08B | 0.10B |
| キャッシュフロー | ||||||||||
| 営業キャッシュフロー | $358M | $331M | $351M | $403M | −$417M | $201M | $408M | $326M | $373M | $328M |
| 設備投資(capex) | $161M | $188M | $190M | $331M | $129M | $59.2M | $183M | $220M | $321M | $480M |
| フリーキャッシュフロー | $198M | $143M | $161M | $72.4M | −$546M | $142M | $224M | $105M | $52.6M | −$152M |
| 減価償却費 | $132M | $153M | $156M | $171M | $158M | $149M | $153M | $158M | $318M | $486M |
| 株式報酬 | $11.9M | $13.4M | $11.2M | $11.9M | −$0.2M | $15.4M | $20.6M | $22.6M | $63.6M | $63.5M |
| 買収 | $0.0M | $0.0M | $0.0M | $270M | $0.0M | $0.0M | $0.0M | $0.0M | $152M | $0.0M |
| 自社株買い | $0.0M | $0.0M | $0.0M | $0.0M | $0.0M | $0.0M | $187M | $74.5M | $0.0M | $0.0M |
| 支払配当金 | $0.0M | $0.0M | $0.0M | $0.0M | $0.0M | $0.0M | $0.0M | $0.0M | $0.0M | $0.0M |
| 配当と自社株買い | $0.0M | $0.0M | $0.0M | $0.0M | $0.0M | $0.0M | $187M | $74.5M | $0.0M | $0.0M |
| 貸借対照表 | ||||||||||
| 現金および短期投資 | $123M | $166M | $105M | $182M | $377M | $61.1M | $101M | $65.5M | $83.2M | $91.1M |
| 負債総額 | $1.5B | $1.7B | $1.7B | $2.1B | $3.0B | $2.5B | $2.3B | $2.3B | $4.7B | $5.2B |
| ファイナンス・リース負債 | $0.0M | $0.0M | $0.0M | $0.0M | $0.0M | $0.0M | $0.0M | $0.0M | $2.5M | $0.9M |
| 流動資産 | $196M | $247M | $200M | $294M | $555M | $264M | $244M | $209M | $400M | $473M |
| 流動負債 | $243M | $226M | $235M | $324M | $300M | $382M | $397M | $403M | $927M | $685M |
| 棚卸資産 | $26.3M | $29.7M | $30.8M | $32.9M | $47.5M | $32.1M | $45.3M | $41.0M | $71.1M | $68.5M |
| 有形固定資産(純額) | $1.5B | $1.6B | $1.6B | $1.8B | $1.8B | $1.7B | $1.6B | $1.6B | $4.3B | $4.3B |
| 総資産 | $2.0B | $2.1B | $2.0B | $2.6B | $2.7B | $2.3B | $2.2B | $2.2B | $9.1B | $7.8B |
| 負債合計 | $2.0B | $2.1B | $2.0B | $2.6B | $3.4B | $3.0B | $2.8B | $2.8B | $7.1B | $7.2B |
| 自己資本 | $60.5M | $82.9M | $32.4M | −$10.0M | −$666M | −$699M | −$592M | −$583M | $2.0B | $550M |
| 利益率 | ||||||||||
| 売上総利益率 | — | — | — | — | — | — | 91.0% | 91.1% | 91.4% | 91.3% |
| 営業利益率 | 24.6% | 22.3% | 21.5% | 21.0% | −315.1% | 11.1% | 28.6% | 17.0% | 11.5% | −44.4% |
| EBITDAマージン | 34.8% | 33.9% | 33.1% | 32.5% | −228.3% | 22.2% | 37.0% | 25.8% | 23.2% | −28.7% |
| 純利益率 | 13.8% | 16.3% | 9.4% | 11.7% | −325.1% | −3.6% | 16.9% | 6.9% | −8.5% | −51.6% |
| FCFマージン | 15.3% | 10.8% | 11.9% | 4.9% | −300.5% | 10.6% | 12.3% | 5.9% | 1.9% | −4.9% |
| 収益性 | ||||||||||
| 投下資本利益率 | 15.8% | 20.2% | 14.8% | 14.0% | −23.4% | 6.4% | 25.8% | 13.8% | 3.7% | −17.7% |
| 使用資本利益率 | 18.1% | 16.5% | 16.0% | 15.3% | −24.6% | 6.9% | 27.6% | 16.7% | 6.2% | −18.0% |
| 自己資本利益率 | — | — | — | — | — | — | — | — | −31.7% | −123.4% |
| 総資産利益率 | 9.0% | 10.7% | 6.2% | 7.5% | −22.4% | −1.9% | 13.5% | 5.6% | −4.1% | −18.9% |
| 成長率 | ||||||||||
| 売上高成長率 | 4.3% | 2.6% | 2.0% | 9.4% | −87.7% | 637.1% | 35.8% | −1.0% | 50.6% | 14.5% |
| 純利益成長率 | 58.3% | 21.3% | −41.2% | 36.1% | −442.4% | — | — | −59.5% | −285.6% | — |
| EPS成長率 | — | — | — | — | — | — | — | — | −233.1% | — |
| FCF成長率 | 16.2% | −27.7% | 12.5% | −55.0% | −853.8% | — | 57.9% | −53.1% | −50.0% | −389.4% |
| 株式数の変化 | — | — | — | — | — | — | — | — | 46.1% | 33.8% |
| 財務の健全性 | ||||||||||
| 純負債 / EBITDA | 3.2x | 3.3x | 3.5x | 4.1x | — | 8.3x | 3.2x | 4.8x | 7.4x | — |
| 負債 / 自己資本 | — | — | — | — | — | — | — | — | 2.3x | 9.4x |
| インタレスト・カバレッジ | 3.8x | 3.5x | 3.4x | 3.1x | −3.8x | 0.8x | 3.4x | 2.2x | 1.3x | −4.1x |
| 流動比率 | 0.8x | 1.1x | 0.9x | 0.9x | 1.9x | 0.7x | 0.6x | 0.5x | 0.4x | 0.7x |
| 当座比率 | 0.7x | 1.0x | 0.7x | 0.8x | 1.7x | 0.6x | 0.5x | 0.4x | 0.4x | 0.6x |
| 資本配分 | ||||||||||
| 設備投資 / 売上高 | 12.5% | 14.2% | 14.1% | 22.4% | 71.1% | 4.4% | 10.1% | 12.3% | 11.8% | 15.5% |
| 株式報酬 / 売上高 | 0.9% | 1.0% | 0.8% | 0.8% | −0.1% | 1.2% | 1.1% | 1.3% | 2.4% | 2.1% |
| 株主還元 / FCF | 0.0% | 0.0% | 0.0% | 0.0% | — | 0.0% | 83.5% | 70.8% | 0.0% | — |
| クオリティ指標 | ||||||||||
| ピオトロスキーFスコア | — | — | — | — | — | — | — | — | 5.0 | 4.0 |
| アルトマンZ'' | — | — | — | — | — | — | — | — | 0.1 | −2.0 |
| アクルーアル比率 | −9.2% | −5.7% | −11.0% | −10.0% | −6.6% | −10.0% | −4.4% | −9.0% | −10.6% | −22.8% |
出典:SEC EDGAR XBRL提出書類 (CIK 0001999001). 2026年10月10日更新。 第4四半期は通期から最初の9か月を差し引いた値です。 情報提供のみを目的としており、投資助言ではありません。数字を利用する前に原本の書類を確認してください。