Six Flags Entertainment Corporation (FUN) - Net Assets
Based on the latest financial reports, Six Flags Entertainment Corporation (FUN) has net assets worth $8.99 Billion USD as of March 2026. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($9.98 Billion) and total liabilities ($987.52 Million). This figure indicates the residual interest in the assets after deducting liabilities, essentially showing what would remain for shareholders if all assets were liquidated and all debts paid off. Explore FUN cash flow conversion to assess how effectively this company generates cash.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | $8.99 Billion |
| % of Total Assets | 90.1% |
| Annual Growth Rate | 8.04% |
| 5-Year Change | N/A |
| 10-Year Change | 1196.79% |
| Growth Volatility | 38.81 |
Six Flags Entertainment Corporation - Net Assets Trend (1987–2025)
This chart illustrates how Six Flags Entertainment Corporation's net assets have evolved over time, based on quarterly financial data. Explore investment intensity of Six Flags Entertainment Corporation to see how much of total assets are deployed in long-term investments.
Annual Net Assets for Six Flags Entertainment Corporation (1987–2025)
The table below shows the annual net assets of Six Flags Entertainment Corporation from 1987 to 2025. For live valuation and market cap data, see FUN market cap.
| Year | Net Assets | Change |
|---|---|---|
| 2025-12-31 | $784.80 Million | -65.63% |
| 2024-12-31 | $2.28 Billion | +491.74% |
| 2023-12-31 | $-582.96 Million | +1.46% |
| 2022-12-31 | $-591.60 Million | +15.30% |
| 2021-12-31 | $-698.49 Million | -4.81% |
| 2020-12-31 | $-666.44 Million | -6587.11% |
| 2019-12-31 | $-9.97 Million | -130.74% |
| 2018-12-31 | $32.42 Million | -60.92% |
| 2017-12-31 | $82.95 Million | +37.06% |
| 2016-12-31 | $60.52 Million | +6.16% |
| 2015-12-31 | $57.01 Million | -40.75% |
| 2014-12-31 | $96.22 Million | -30.84% |
| 2013-12-31 | $139.13 Million | -12.64% |
| 2012-12-31 | $159.26 Million | +0.34% |
| 2011-12-31 | $158.72 Million | +15.74% |
| 2010-12-31 | $137.14 Million | +7.25% |
| 2009-12-31 | $127.86 Million | +19.74% |
| 2008-12-31 | $106.79 Million | -62.54% |
| 2007-12-31 | $285.09 Million | -30.57% |
| 2006-12-31 | $410.62 Million | -5.44% |
| 2005-12-31 | $434.23 Million | +17.21% |
| 2004-12-31 | $370.48 Million | +19.94% |
| 2003-12-31 | $308.89 Million | +1.17% |
| 2002-12-31 | $305.32 Million | -0.95% |
| 2001-12-31 | $308.25 Million | -6.76% |
| 2000-12-31 | $330.59 Million | -5.55% |
| 1999-12-31 | $350.00 Million | +2.34% |
| 1998-12-31 | $342.00 Million | +1.42% |
| 1997-12-31 | $337.20 Million | +98.35% |
| 1996-12-31 | $170.00 Million | +12.21% |
| 1995-12-31 | $151.50 Million | +31.62% |
| 1994-12-31 | $115.10 Million | +15.10% |
| 1993-12-31 | $100.00 Million | +23.00% |
| 1992-12-31 | $81.30 Million | +47.55% |
| 1991-12-31 | $55.10 Million | +6.37% |
| 1990-12-31 | $51.80 Million | +9.28% |
| 1989-12-31 | $47.40 Million | +15.61% |
| 1988-12-31 | $41.00 Million | -1.20% |
| 1987-12-31 | $41.50 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Six Flags Entertainment Corporation's total equity over time. Equity components include common stock, retained earnings, additional paid-in capital, and other elements.
Equity Composition Insights
- Retained earnings have decreased by 176336900000.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2025)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | $1.02 Million | 0.18% |
| Other Comprehensive Income | $66.56 Million | 12.11% |
| Other Components | $2.25 Billion | 408.46% |
| Total Equity | $549.76 Million | 100.00% |
Six Flags Entertainment Corporation Competitors by Market Cap
The table below lists competitors of Six Flags Entertainment Corporation ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Yunnan Shennong Agricultural Industry Group Co Ltd
SHG:605296
|
$2.10 Billion |
|
Also Holding AG
SW:ALSN
|
$2.10 Billion |
|
China Aluminum International Engineering Corp Ltd
SHG:601068
|
$2.10 Billion |
|
PSK Inc
KQ:319660
|
$2.10 Billion |
|
SAGILITY INDIA LIMITED
NSE:SAGILITY
|
$2.09 Billion |
|
Parade Technologies Ltd
TWO:4966
|
$2.09 Billion |
|
Nichidenbo Corp
TW:3090
|
$2.09 Billion |
|
Taihai Manoir Nuclear Equipment Co Ltd
SHE:002366
|
$2.09 Billion |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Six Flags Entertainment Corporation's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 2,041,863,000 to 549,757,000, a change of -1,492,106,000 (-73.1%).
- Net loss of 1,574,282,000 reduced equity.
- Other comprehensive income increased equity by 68,836,000.
- Other factors increased equity by 13,340,000.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $-1.57 Billion | -286.36% |
| Other Comprehensive Income | $68.84 Million | +12.52% |
| Other Changes | $13.34 Million | +2.43% |
| Total Change | $- | -73.08% |
Book Value vs Market Value Analysis
This analysis compares Six Flags Entertainment Corporation's book value (net assets) with its market value over time. The relationship between these values can provide insights into investor sentiment and company valuation.
Valuation Insights
- Current price-to-book ratio: 3.78x
- The company is trading at a significant premium to its book value, suggesting the market values its earnings potential, brand, or other intangibles highly.
- The price-to-book ratio has decreased from 15.81x to 3.78x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 1987-12-31 | $1.30 | $20.50 | x |
| 1988-12-31 | $0.96 | $20.50 | x |
| 1989-12-31 | $1.11 | $20.50 | x |
| 1990-12-31 | $1.22 | $20.50 | x |
| 1991-12-31 | $1.29 | $20.50 | x |
| 1992-12-31 | $1.86 | $20.50 | x |
| 1993-12-31 | $2.23 | $20.50 | x |
| 1994-12-31 | $2.56 | $20.50 | x |
| 1995-12-31 | $3.30 | $20.50 | x |
| 1996-12-31 | $3.65 | $20.50 | x |
| 1997-12-31 | $6.12 | $20.50 | x |
| 1998-12-31 | $6.52 | $20.50 | x |
| 1999-12-31 | $6.68 | $20.50 | x |
| 2000-12-31 | $6.40 | $20.50 | x |
| 2001-12-31 | $6.03 | $20.50 | x |
| 2002-12-31 | $5.96 | $20.50 | x |
| 2003-12-31 | $6.02 | $20.50 | x |
| 2004-12-31 | $6.95 | $20.50 | x |
| 2005-12-31 | $7.90 | $20.50 | x |
| 2006-12-31 | $7.48 | $20.50 | x |
| 2007-12-31 | $5.26 | $20.50 | x |
| 2008-12-31 | $-1.91 | $20.50 | x |
| 2009-12-31 | $-1.56 | $20.50 | x |
| 2010-12-31 | $2.48 | $20.50 | x |
| 2011-12-31 | $7.77 | $20.50 | x |
| 2012-12-31 | $6.49 | $20.50 | x |
| 2013-12-31 | $2.49 | $20.50 | x |
| 2014-12-31 | $1.72 | $20.50 | x |
| 2015-12-31 | $5.40 | $20.50 | x |
| 2016-12-31 | $0.05 | $20.50 | x |
| 2017-12-31 | $1.46 | $20.50 | x |
| 2018-12-31 | $0.37 | $20.50 | x |
| 2019-12-31 | $-0.27 | $20.50 | x |
| 2020-12-31 | $-11.89 | $20.50 | x |
| 2021-12-31 | $-12.43 | $20.50 | x |
| 2022-12-31 | $-10.58 | $20.50 | x |
| 2023-12-31 | $-11.32 | $20.50 | x |
| 2024-12-31 | $20.35 | $20.50 | x |
| 2025-12-31 | $5.42 | $20.50 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Six Flags Entertainment Corporation utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): -286.36%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -50.78%
- • Asset Turnover: 0.40x
- • Equity Multiplier: 14.19x
- Recent ROE (-286.36%) is below the historical average (195.97%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 1987 | 30.84% | 12.45% | 0.75x | 3.30x | $8.65 Million |
| 1988 | 55.12% | 21.90% | 0.76x | 3.30x | $18.50 Million |
| 1989 | 66.67% | 26.33% | 0.88x | 2.87x | $26.86 Million |
| 1990 | 64.09% | 27.21% | 0.86x | 2.74x | $28.02 Million |
| 1991 | 65.34% | 28.13% | 0.90x | 2.59x | $30.49 Million |
| 1992 | 52.77% | 28.04% | 0.73x | 2.58x | $34.77 Million |
| 1993 | 61.90% | 34.60% | 0.82x | 2.18x | $51.90 Million |
| 1994 | 54.56% | 31.65% | 0.89x | 1.95x | $51.29 Million |
| 1995 | 43.63% | 30.29% | 0.79x | 1.81x | $50.95 Million |
| 1996 | 43.65% | 29.62% | 0.82x | 1.79x | $57.20 Million |
| 1997 | 24.00% | 25.94% | 0.44x | 2.10x | $39.96 Million |
| 1998 | 24.39% | 19.88% | 0.66x | 1.85x | $49.20 Million |
| 1999 | 24.51% | 19.59% | 0.62x | 2.03x | $50.80 Million |
| 2000 | 23.54% | 16.45% | 0.62x | 2.31x | $44.75 Million |
| 2001 | 18.78% | 12.13% | 0.59x | 2.63x | $27.07 Million |
| 2002 | 23.39% | 14.20% | 0.61x | 2.69x | $40.88 Million |
| 2003 | 27.81% | 16.84% | 0.62x | 2.65x | $55.00 Million |
| 2004 | 21.14% | 14.45% | 0.55x | 2.68x | $41.27 Million |
| 2005 | 37.04% | 28.28% | 0.55x | 2.36x | $117.43 Million |
| 2006 | 21.30% | 10.52% | 0.33x | 6.12x | $46.42 Million |
| 2007 | -1.58% | -0.46% | 0.41x | 8.48x | $-33.00 Million |
| 2008 | 0.00% | 0.57% | 0.46x | 0.00x | $16.29 Million |
| 2009 | 0.00% | 3.87% | 0.43x | 0.00x | $44.16 Million |
| 2010 | -23.02% | -3.23% | 0.47x | 15.19x | $-45.28 Million |
| 2011 | 33.24% | 14.03% | 0.50x | 4.78x | $100.90 Million |
| 2012 | 27.89% | 9.47% | 0.53x | 5.59x | $64.93 Million |
| 2013 | 77.77% | 9.54% | 0.56x | 14.48x | $94.29 Million |
| 2014 | 108.31% | 8.99% | 0.57x | 21.18x | $94.59 Million |
| 2015 | 36.90% | 9.08% | 0.62x | 6.56x | $81.81 Million |
| 2016 | 6041.75% | 13.79% | 0.65x | 670.92x | $177.39 Million |
| 2017 | 259.78% | 16.30% | 0.64x | 24.89x | $207.18 Million |
| 2018 | 595.12% | 9.39% | 0.67x | 95.11x | $124.52 Million |
| 2019 | 0.00% | 11.69% | 0.56x | 0.00x | $173.89 Million |
| 2020 | 0.00% | -325.10% | 0.07x | 0.00x | $-523.07 Million |
| 2021 | 0.00% | -3.63% | 0.57x | 0.00x | $21.86 Million |
| 2022 | 0.00% | 16.93% | 0.80x | 0.00x | $367.36 Million |
| 2023 | 0.00% | 6.93% | 0.80x | 0.00x | $182.85 Million |
| 2024 | -11.32% | -8.53% | 0.30x | 4.47x | $-435.35 Million |
| 2025 | -286.36% | -50.78% | 0.40x | 14.19x | $-1.63 Billion |
Industry Comparison
This section compares Six Flags Entertainment Corporation's net assets metrics with peer companies in the Leisure industry.
Industry Context
- Industry: Leisure
- Average net assets among peers: $524,636,270
- Average return on equity (ROE) among peers: -36.41%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Six Flags Entertainment Corporation (FUN) | $8.99 Billion | 30.84% | 0.11x | $2.10 Billion |
| Aureus Greenway Holdings Inc. Common Stock (AGH) | $540.19K | 51.56% | 7.28x | $66.64 Million |
| American Outdoor Brands Inc (AOUT) | $324.61 Million | -2.93% | 0.09x | $118.02 Million |
| Amer Sports, Inc. (AS) | $33.42 Million | -377.97% | 208.21x | $20.07 Billion |
| Callaway Golf Company (CALY) | $3.88 Billion | 2.45% | 1.35x | $2.67 Billion |
| Clarus Corp (CLAR) | $160.81 Million | -5.58% | 0.31x | $110.33 Million |
| Dogness International Corp Class A (DOGZ) | $60.74 Million | 7.58% | 0.15x | $5.71 Million |
| Escalade Incorporated (ESCA) | $82.76 Million | 2.00% | 0.54x | $264.78 Million |
| Funko Inc (FNKO) | $-4.91K | 0.00% | 0.00x | $293.72 Million |
| Golden Heaven Group Holdings Ltd. Ordinary Shares (GDHG) | $180.65 Million | -4.76% | 0.06x | $34.13 Million |
About Six Flags Entertainment Corporation
Six Flags Entertainment Corporation operates amusement parks and resort properties in North America. It operates amusement parks, water parks, and resorts in the United States, Mexico, and Canada. The company was formerly known as Cedar Fair, L.P. and changed its name to Six Flags Entertainment Corporation in July 2024. The company was founded in 1983 and is headquartered in Charlotte, North Caro… Read more