FUN
Six Flags Entertainment Corporation
FUN lost money over the past year, so it has no meaningful PE right now. Analysts expect losses to shrink, though they disagree widely on how much.
FUN Fundamentals
| Metric | Status |
|---|---|
| Under pressure | |
| Under pressure | |
| Healthy | |
| Weak |
FUN's cash flow is currently healthy, but its revenue, profitability and balance sheet are under pressure.
FUN PE Valuation
FUN has no meaningful PE right now: it lost money over the past year.
FUN Forward outlook
| Metric | Outlook |
|---|---|
| -- | |
| Losses shrinking | |
| Stable | |
| Improving | |
| Limited | |
| Low |
Analysts expect FUN's losses to shrink, with revenue holding steady. However, they disagree widely on these estimates.
FUN Earnings Per Share
| Quarter | TTM EPS | YoY |
|---|---|---|
| Q3 2024 | -$0.65 | -123% |
| Q2 2024 | $2.46 | -46% |
| Q1 2024 | $2.42 | -45% |
| Q4 2023 | $2.44 | -55% |
| Q3 2023 | $2.88 | -39% |
| Q2 2023 | $4.53 | +212% |
| Q1 2023 | $4.38 | +$4.86 |
| Q4 2022 | $5.43 | +$6.30 |
FUN lost $9.16 per share over the past year, a bigger loss than the year before.
FUN Quarterly Revenue
| Quarter | Revenue | YoY |
|---|---|---|
| Q3 2026 | $1.2B | -11% |
| Q2 2026 | $864.9M | -7% |
| Q1 2026 | $225.6M | +12% |
| Q4 2025 | $650.1M | -5.4% |
| Q3 2025 | $1.3B | -2.3% |
| Q2 2025 | $930.4M | +63% |
| Q1 2025 | $202.1M | +99% |
| Q4 2024 | $687.3M | +85% |
FUN's revenue is shrinking: $1.2B last quarter, down 11% from the same quarter a year ago.
| Quarter | Margin | YoY |
|---|---|---|
| Q3 2026 | -26% | +58 points |
| Q2 2026 | 10% | +2.2 points |
| Q1 2026 | -138% | +21 points |
| Q4 2025 | -3.8% | -11 points |
| Q3 2025 | -84% | -103 points |
| Q2 2025 | 8% | -14 points |
| Q1 2025 | -159% | -35 points |
| Q4 2024 | 7.4% | -0.3 points |
FUN's operating margin was −26% last quarter, up 58 points from the same quarter a year ago.
FUN Free Cash Flow
| Quarter | Free cash flow | YoY |
|---|---|---|
| Q3 2026 | $254M | -0.8% |
| Q2 2026 | $140.3M | +645% |
| Q1 2026 | -$137.1M | +$180.8M |
| Q4 2025 | -$109.3M | +$16.5M |
| Q3 2025 | $256.2M | +13% |
| Q1 2025 | -$318M | -$150.3M |
| Q4 2024 | -$125.8M | -$70.6M |
| Q3 2024 | $227.7M | -16% |
FUN's free cash flow has turned positive after six years mostly in the red: $148M over the past year.
FUN Total Shares
| Period | Change % | Net change |
|---|---|---|
| Quarterly | +0.1% | +137K shares |
| 1 year | +1% | +984K shares |
| 3 years | +98% | +50.5M shares |
| 5 years | +80% | +45.2M shares |
| Available history | +80% | +45.2M shares |
FUN has 102M diluted shares, up 1% from a year ago.
| Quarter | Spent |
|---|---|
| Q1 2024 | — |
| Q4 2023 | $2.7M |
| Q3 2023 | $12M |
| Q2 2023 | $7.6M |
| Q1 2023 | $54.9M |
| Q4 2022 | $120.7M |
| Q3 2022 | $63.9M |
| Q2 2022 | $12,000 |
FUN Net Leverage
| Quarter | Net Leverage | Status |
|---|---|---|
| Q2 2025 | 9.3x | High |
| Q1 2025 | 9.9x | High |
| Q4 2024 | 7.8x | High |
| Q3 2024 | 8.9x | High |
| Q2 2024 | 4.7x | High |
| Q1 2024 | 5.3x | High |
| Q4 2023 | 4.9x | High |
| Q3 2023 | 4.6x | High |
FUN's net debt is about 9.3 years of its operating earnings (EBITDA), up from 4.7 years a year ago.
FUN Weekly Momentum
| Metric | Value | Status |
|---|---|---|
| RSI | 40.5 | Neutral |
| Stochastic | 25.9 | Neutral |
FUN's weekly RSI is 41 (neutral) and its Stochastic is 26 (neutral).
FUN PE vs Consumer Cyclical Sector
| Metric | FUN | Sector median | Relative |
|---|---|---|---|
| PE | N/A | 18x | — |
FUN has no meaningful PE right now: it lost money over the past year.
FUN Weekly Moving Averages
| Moving average | MA price | Relative |
|---|---|---|
| 8 week MA | $9.86 | 13% above |
| 20 week MA | $13.9 | 20% below |
| 50 week MA | $16.5 | 32% below |
| 100 week MA | $24.3 | 54% below |
| 200 week MA | $33.2 | 66% below |
FUN has bounced recently, but its long-term trend is still down: it's above its 8-week average, but 66% below its 200-week average.
FUN Yearly ROI
| Year | Start price | End price | ROI |
|---|---|---|---|
| 2020 | $55.7 | $39.1 | -30% |
| 2021 | $39.1 | $50.0 | +28% |
| 2022 | $50.0 | $39.9 | -20% |
| 2023 | $39.9 | $39.8 | -0.3% |
| 2024 | $39.8 | $49.1 | +23% |
| 2025 | $49.1 | $14.9 | -70% |
| 2026 YTD | $14.9 | $11.2 | -25% |
FUN has finished lower in four of the last six years. It's down 25% so far in 2026.