United Parks & Resorts Inc. (PRKS) Financials

EPS

Hollow marker is the consensus estimate; filled is the reported figure, colored by beat or miss.

Revenue

Outlined bar is the consensus estimate; solid is reported.

Results

Periods without a consensus estimate or a reported figure show a dash.

Period	EPS estimate	EPS actual	EPS surprise %	Revenue estimate	Revenue actual	Revenue surprise %
Q2 26	$1.93	$1.78	-7.8%	—	$483.3M	—
Q1 26	-$0.2	-$0.42	-110.0%	—	$278.3M	—
Q4 25	$0.66	$0.48	-27.3%	—	$373.5M	—
Q3 25	$2.45	$1.61	-34.3%	—	$511.9M	—
Q2 25	$1.86	$1.7	-8.6%	—	$490.2M	—
Q1 25	-$0.16	-$0.22	-37.5%	—	$286.9M	—
Q4 24	$0.72	$0.93	+29.2%	—	$384.4M	—
Q3 24	$2.18	$2.21	+1.4%	—	$545.9M	—
Q2 24	$1.54	$1.46	-5.2%	—	$497.6M	—
Q1 24	-$0.23	-$0.03	+87.0%	—	$297.4M	—
Q4 23	$0.75	$0.82	+9.3%	—	$389M	—
Q3 23	$1.87	$2.14	+14.4%	—	$548.2M	—
Q2 23	$1.79	$1.66	-7.3%	—	$496M	—
Q1 23	-$0.12	-$0.07	+41.7%	—	$293.3M	—
Q4 22	$0.73	$0.86	+17.8%	—	$390.5M	—
Q3 22	$2.13	$2.1	-1.4%	—	$565.2M	—

EPS

Reported per-share earnings by fiscal year; the line turns dotted where reported figures end and the analyst consensus begins, with the shaded band marking the low–high range.

Revenue

Reported revenue by fiscal year; the line turns dotted where reported figures end and the analyst consensus begins, with the shaded band marking the low–high range.

Results

Periods without a consensus estimate or a reported figure show a dash.

Period	EPS estimate	EPS actual	EPS surprise %	Revenue estimate	Revenue actual	Revenue surprise %
FY25	—	$3.09	—	—	$1.7B	—
FY24	—	$3.82	—	—	$1.7B	—
FY23	—	$3.66	—	—	$1.7B	—
FY22	—	$4.18	—	—	$1.7B

Total revenue

Reported revenue per period; the line is the change from the same period a year earlier, on its own left axis.

Period	FY16	FY17	FY18	FY19	FY20	FY21	FY22	FY23	FY24	FY25
Revenue	$1.3B	$1.3B	$1.4B	$1.4B	$431.8M	$1.5B	$1.7B	$1.7B	$1.7B	$1.7B
YoY change	-1.95%	-6.02%	+8.63%	+1.89%	-69.1%	+248.3%	+15.1%	-0.27%	-0.07%	-3.64%

Revenue and profits

Revenue, gross profit, operating income, and net income per period.

Condensed income statement

Click a row to chart it; unreported figures show a dash.

Period	FY16	FY17	FY18	FY19	FY20	FY21	FY22	FY23	FY24	FY25
Revenue	1.3B	1.3B	1.4B	1.4B	431.8M	1.5B	1.7B	1.7B	1.7B	1.7B
Cost of revenue	100.6M	95.9M	106.6M	109M	36.7M	114.3M	135.2M	131.7M	131.4M	127.6M
Gross profit	1.2B	1.2B	1.3B	1.3B	395.1M	1.4B	1.6B	1.6B	1.6B	1.5B
Gross margin	92.5%	92.4%	92.2%	92.2%	91.5%	92.4%	92.2%	92.4%	92.4%	92.3%
Research & development	—	—	—	—	—	—	—	—	—	—
Selling, general & administrative	238.6M	228.8M	229.7M	261.7M	94.9M	184.9M	200.1M	221.2M	216.9M	227.7M
Operating expenses	975.4M	930.9M	935.7M	911.4M	483.4M	807.3M	935.8M	980.1M	966.6M	993.6M
Operating income	68.6M	73.2M	169.1M	217.4M	-238.8M	433.5M	507.6M	460.6M	463.9M	366.9M
Operating margin	5.1%	5.79%	12.3%	15.5%	-55.3%	28.8%	29.3%	26.7%	26.9%	22.1%
Non-operating income, net	-9.1M	-282.6M	-25.4M	-4.2M	-3.1M	-60.5M	-65K	-798K	-4.6M	-6.2M
Pretax income	-3.2M	-287.4M	62.7M	129M	-342.8M	256.3M	390.1M	313.1M	291.5M	226.5M
Income tax	9.3M	-85M	17.9M	39.5M	-30.5M	-164K	98.9M	78.9M	64M	58.2M
Net income	-12.5M	-202.4M	44.8M	89.5M	-312.3M	256.5M	291.2M	234.2M	227.5M	168.4M
Net margin	-0.93%	-16%	3.26%	6.4%	-72.3%	17.1%	16.8%	13.6%	13.2%	10.1%
EBITDA	268.1M	236.6M	330.1M	377.9M	-88.6M	582M	660.3M	614.8M	627.2M	536.6M
EPS	-0.15	-2.36	0.52	1.11	-3.99	3.28	4.18	3.66	3.82	3.09
Diluted EPS	-0.15	-2.36	0.52	1.1	-3.99	3.22	4.14	3.63	3.79	3.06

Revenue and profits

Revenue, gross profit, operating income, and net income per period.

Condensed income statement

Click a row to chart it; unreported figures show a dash.

Period	Q3 23	Q4 23	Q1 24	Q2 24	Q3 24	Q4 24	Q1 25	Q2 25	Q3 25	Q4 25	Q1 26	Q2 26
Revenue	548.2M	389M	297.4M	497.6M	545.9M	384.4M	286.9M	490.2M	511.9M	373.5M	278.3M	483.3M
Cost of revenue	40.4M	29.8M	23M	38.6M	40.6M	29.1M	23M	37.2M	39.9M	27.5M	21.6M	38.1M
Gross profit	507.8M	359.1M	274.4M	458.9M	505.3M	355.3M	264M	453M	471.9M	346M	256.6M	445.3M
Gross margin	92.6%	92.3%	92.3%	92.2%	92.6%	92.4%	92%	92.4%	92.2%	92.6%	92.2%	92.1%
Research & development	—	—	—	—	—	—	—	—	—	—	—	—
Selling, general & administrative	59.7M	45.1M	47.9M	63.8M	55.4M	49.9M	44.1M	64.4M	60.7M	58.6M	48.1M	66.6M
Operating expenses	265.5M	229.7M	212.8M	254M	262.7M	237.1M	205.4M	269.2M	275.1M	244M	219.3M	282.3M
Operating income	203.1M	89.6M	22.4M	164.7M	201M	75.8M	16.9M	140.9M	152.2M	57M	-7.7M	117.2M
Operating margin	37.1%	23%	7.54%	33.1%	36.8%	19.7%	5.89%	28.7%	29.7%	15.3%	-2.78%	24.2%
Non-operating income, net	160K	-257K	-473K	-2.6M	-42K	-1.5M	23K	-624K	-311K	-5.3M	-529K	-62K
Pretax income	166.2M	53.1M	-16.8M	122.7M	161.3M	24.4M	-17.2M	106.3M	118.3M	19.1M	-40M	84.7M
Income tax	42.7M	13M	-5.6M	31.6M	41.6M	-3.5M	-1.1M	26.2M	29M	4M	-5.9M	21.4M
Net income	123.6M	40.1M	-11.2M	91.1M	119.7M	27.9M	-16.1M	80.1M	89.3M	15.1M	-34.1M	63.3M
Net margin	22.5%	10.3%	-3.77%	18.3%	21.9%	7.26%	-5.62%	16.3%	17.5%	4.03%	-12.2%	13.1%
EBITDA	242.3M	129.4M	61.4M	205.1M	242.5M	118.2M	58.6M	183.6M	197M	97.3M	37.6M	162.9M
EPS	1.93	—	-0.17	1.47	2.09	0.51	-0.29	1.46	1.62	0.28	-0.69	1.36
Diluted EPS	1.92	—	-0.17	1.46	2.08	0.5	-0.29	1.45	1.61	0.28	-0.69	1.34

P/E

Annual history by fiscal year; click a table row below to chart a different metric.

Current values are trailing twelve months where available, otherwise the latest fiscal year; unreported figures show a dash.

Key stats

Metric	FY16	FY17	FY18	FY19	FY20	FY21	FY22	FY23	FY24	FY25	Current
Market cap	1.6B	1.2B	1.9B	2.5B	2.5B	5.1B	—	3.4B	3.3B	2B	1.5B
Enterprise value	3.1B	2.7B	3.4B	4.2B	4.4B	6.9B	—	5.4B	5.6B	4.2B	3.9B
Shares outstanding	84.9M	85.8M	86.2M	80.3M	78.2M	78.3M	69.6M	64M	59.5M	54.6M	54.6M

Valuation

Metric	FY16	FY17	FY18	FY19	FY20	FY21	FY22	FY23	FY24	FY25	Current
P/E	—	—	42.5	28.5	—	19.8	—	14.4	14.7	11.8	12.7
P/S	1.2	0.92	1.39	1.82	5.72	3.38	—	1.96	1.94	1.19	0.88
P/B	3.49	4.05	7.18	12.1	-23.3	-149.7	—	-16.2	-7.25	-4.55	-2.42
EV/EBITDA	11.6	11.3	10.3	11.1	-49.1	11.8	—	8.71	8.92	7.88	7.6
EV/Sales	2.32	2.12	2.48	2.99	10.1	4.57	—	3.1	3.24	2.54	2.37
Earnings yield	—	—	2.35%	3.51%	—	5.05%	—	6.93%	6.8%	8.5%	7.88%
FCF yield	7.46%	1.71%	6%	6.02%	-9.31%	7.37%	—	5.92%	6.93%	8.21%	6.68%
PEG	—	—	—	—	—	—	—	—	—	—	-1.85

Profitability

Metric	FY16	FY17	FY18	FY19	FY20	FY21	FY22	FY23	FY24	FY25	Current
Gross margin	92.5%	92.4%	92.2%	92.2%	91.5%	92.4%	92.2%	92.4%	92.4%	92.3%	92.1%
Operating margin	5.1%	5.79%	12.3%	15.5%	-55.3%	28.8%	29.3%	26.7%	26.9%	22.1%	24.2%
Net margin	-0.93%	-16%	3.26%	6.4%	-72.3%	17.1%	16.8%	13.6%	13.2%	10.1%	8.11%
ROE	-2.72%	-70.4%	16.9%	42.4%	295.2%	-756.3%	-66.5%	-112.5%	-49.3%	-38.6%	-38.6%
ROA	-0.53%	-9.7%	2.12%	3.89%	-12.2%	9.83%	12.5%	8.92%	8.84%	6.43%	7.84%
ROIC	3.47%	4.07%	6.82%	8.16%	-13.4%	24.6%	22.1%	19.5%	20.3%	15%	13.2%
Return on tangible assets	-0.93%	-12.6%	2.73%	4.83%	-14.7%	11.9%	15.5%	10.8%	10.7%	7.77%	6.09%

Financial health

Metric	FY16	FY17	FY18	FY19	FY20	FY21	FY22	FY23	FY24	FY25	Current
Current ratio	0.58	0.47	0.47	0.42	1.6	1.53	0.57	0.95	0.65	0.74	0.48
Quick ratio	0.47	0.35	0.36	0.34	1.5	1.45	0.44	0.83	0.54	0.6	0.36
Debt / equity	3.43	5.37	5.81	7.95	-21.9	-66	-5.09	-10.7	-5.12	-5.39	-0.04
Debt / assets	0.67	0.74	0.73	0.73	0.9	0.86	0.96	0.85	0.92	0.9	0.91
Net debt / EBITDA	5.65	6.38	4.56	4.33	-21.3	3.08	3.26	3.21	3.58	4.19	4.82
Interest coverage	0.95	-2.68	1.77	2.53	-2.4	3.2	4.32	3.13	2.74	2.69	2.4
Effective tax rate	0%	0%	28.6%	30.6%	0%	0%	25.3%	25.2%	22%	25.7%	26.7%

Per share

Metric	FY16	FY17	FY18	FY19	FY20	FY21	FY22	FY23	FY24	FY25	Current
Revenue per share	15.8	14.7	15.9	17.4	5.52	19.2	24.9	27	29	30.5	32.2
EPS (basic)	-0.15	-2.36	0.52	1.11	-3.99	3.28	4.18	3.66	3.82	3.09	3.09
EPS (diluted)	-0.15	-2.36	0.52	1.1	-3.99	3.22	4.14	3.63	3.79	3.06	2.51
Book value per share	5.43	3.35	3.08	2.63	-1.35	-0.43	-6.29	-3.26	-7.75	-7.99	-13.6
FCF per share	1.41	0.23	1.32	1.91	-2.94	4.78	5.23	3.13	3.89	2.98	3.49
Cash per share	0.81	0.39	0.4	0.5	5.55	5.67	1.14	3.86	1.95	1.83	0.42
Capex per share	—	—	—	—	—	—	—	—	—	3.99	5.2

Capital allocation

Metric	FY16	FY17	FY18	FY19	FY20	FY21	FY22	FY23	FY24	FY25	Current
Capex / revenue	—	—	—	—	—	—	—	—	—	13.1%	14.9%
Capex / operating cash flow	—	—	—	—	—	—	—	—	—	57.2%	59.8%
Payout ratio	-521.2%	-0.76%	0.73%	—	—	—	—	—	—	—	0%
Dividend yield	4.06%	0.13%	0.02%	—	—	—	—	—	—	—	1.25%

Yield

1.25%

trailing twelve months

Frequency

Quarterly

Last dividend

$0.10

ex-dividend Sep 27, 2016

Payout ratio

of earnings

Dividend growth

0 years

consecutive annual raises

Dividend per share

Split-adjusted payout per share by ex-dividend date.

Recent payouts

Ex-dividend	Amount
Sep 27, 2016	$0.10
Jun 16, 2016	$0.21
Mar 10, 2016	$0.21
Jan 13, 2016	$0.21
Sep 25, 2015	$0.21
Jun 18, 2015	$0.21
Mar 11, 2015	$0.21
Jan 9, 2015	$0.21

Period	Q3 23	Q4 23	Q1 24	Q2 24	Q3 24	Q4 24	Q1 25	Q2 25	Q3 25	Q4 25	Q1 26	Q2 26
Revenue	$548.2M	$389M	$297.4M	$497.6M	$545.9M	$384.4M	$286.9M	$490.2M	$511.9M	$373.5M	$278.3M	$483.3M
YoY change	-3%	-0.4%	+1.39%	+0.32%	-0.43%	-1.18%	-3.52%	-1.48%	-6.24%	-2.82%	-3.02%	-1.41%

Assets vs. liabilities & equity

What the company owns (left stack) against what it owes plus shareholders' equity (right stack). The two stacks should match — that's the balance.

Condensed balance sheet

Click a row to chart it; unreported figures show a dash.

Period	FY16	FY17	FY18	FY19	FY20	FY21	FY22	FY23	FY24	FY25
Cash & short-term investments	69M	33.2M	34.1M	39.9M	433.9M	443.7M	79.2M	246.9M	115.9M	99.8M
Receivables	36.7M	38.4M	58M	49.7M	30.4M	76.9M	71M	73.8M	79.4M	77.3M
Inventory	28.7M	30.9M	35.8M	33.2M	30.7M	29.5M	55.2M	49.2M	45.8M	51.6M
Total current assets	153.7M	118.8M	146.6M	169.1M	507.4M	567.4M	233.7M	390.2M	270.4M	282.8M
Property, plant & equipment	1B	1B	1B	1.1B	1.1B	1B	1B	1.1B	1.1B	1.1B
Goodwill & intangibles	1B	482M	477.5M	446.6M	446.6M	446.6M	446.6M	448.1M	448.2M	448.2M
Total assets	2.4B	2.1B	2.1B	2.3B	2.6B	2.6B	2.3B	2.6B	2.6B	2.6B
Accounts payable	87.7M	100.6M	120M	131.5M	105.4M	134.3M	159.9M	160.6M	163.6M	152.9M
Short-term debt	51.7M	38.7M	45.5M	69.4M	19.3M	14.9M	15.4M	15.4M	19.5M	19.6M
Total current liabilities	263.6M	253.5M	310.7M	402.7M	317.1M	372M	409.2M	410.9M	412.9M	384.7M
Long-term debt	1.5B	1.5B	1.5B	1.6B	2.3B	2.2B	2.2B	2.2B	2.3B	2.3B
Total liabilities	1.9B	1.8B	1.9B	2.1B	2.7B	2.6B	2.8B	2.8B	3B	3.1B
Shareholders' equity	461.2M	287.5M	265.2M	210.9M	-105.8M	-33.9M	-437.7M	-208.2M	-461.5M	-435.8M
Total debt	1.6B	1.5B	1.5B	1.7B	2.3B	2.2B	2.2B	2.2B	2.4B	2.3B
Net debt	1.5B	1.5B	1.5B	1.6B	1.9B	1.8B	2.2B	2B	2.2B	2.2B

Assets vs. liabilities & equity

What the company owns (left stack) against what it owes plus shareholders' equity (right stack). The two stacks should match — that's the balance.

Condensed balance sheet

Click a row to chart it; unreported figures show a dash.

Period	Q3 23	Q4 23	Q1 24	Q2 24	Q3 24	Q4 24	Q1 25	Q2 25	Q3 25	Q4 25	Q1 26	Q2 26
Cash & short-term investments	—	—	—	—	—	—	—	—	183.2M	99.8M	28.9M	19.1M
Receivables	—	—	—	—	—	—	—	—	85.1M	77.3M	91.2M	100.3M
Inventory	—	—	—	—	—	—	—	—	52.1M	51.6M	57M	58.9M
Total current assets	—	—	—	—	—	—	—	—	406.9M	282.8M	241.4M	243.7M
Property, plant & equipment	—	—	—	—	—	—	—	—	2B	1.1B	2.1B	2.1B
Goodwill & intangibles	—	—	—	—	—	—	—	—	448.2M	448.2M	448.2M	448.2M
Total assets	—	—	—	—	—	—	—	—	2.7B	2.6B	2.6B	2.6B
Accounts payable	146.7M	160.6M	181.1M	184M	144.4M	163.6M	151.4M	169.4M	139.3M	152.9M	170.7M	194.6M
Short-term debt	—	—	—	—	—	—	—	—	19.6M	19.6M	18.7M	18.7M
Total current liabilities	—	—	—	—	—	—	—	—	375M	384.7M	454.9M	509.8M
Long-term debt	—	—	—	—	—	—	—	—	2.3B	2.3B	2.4B	2.4B
Total liabilities	—	2.8B	2.9B	3.1B	3B	3B	3B	3.1B	3B	3.1B	3.2B	3.3B
Shareholders' equity	—	—	—	—	—	—	—	—	-308.7M	-435.8M	-557.2M	-617M
Total debt	—	—	—	—	—	—	—	—	2.4B	2.3B	2.4B	2.4B
Net debt	—	—	—	—	—	—	—	—	2.2B	2.2B	2.4B	2.4B

Cash generation and uses

Cash from operations, what's left after capex, and what went back to shareholders. Bars below the line are cash going out.

Condensed cash flow statement

Click a row to chart it; unreported figures show a dash.

Period	FY16	FY17	FY18	FY19	FY20	FY21	FY22	FY23	FY24	FY25
Net income	-12.5M	-202.4M	44.8M	89.5M	-312.3M	256.5M	291.2M	234.2M	227.5M	168.4M
Depreciation & amortization	199.6M	163.3M	161M	160.6M	150.5M	148.7M	152.6M	154.2M	163.4M	174.5M
Stock-based compensation	37.5M	23.2M	22.2M	11.1M	7.5M	39.7M	18.2M	17M	13.7M	17.2M
Change in working capital	14.1M	-633K	9.7M	16.4M	53.9M	-7.2M	-4.6M	-28.6M	2.1M	-29.7M
Operating cash flow	253M	-98.2M	278.6M	323.6M	-120.8M	445.8M	574.4M	486.1M	496.2M	380.1M
Capital expenditure	—	—	—	—	—	—	—	—	—	-217.5M
Investing cash flow	232K	1.6M	-259K	24K	—	—	—	-771K	-75K	-217.5M
Dividends paid	-65.3M	-1.5M	-325K	—	—	—	—	—	—	—
Share repurchases	0	0	-98M	-150M	-12.4M	-215.7M	-693.6M	-17.9M	-482.9M	-160.4M
Financing cash flow	-170.2M	-163.5M	-197.5M	-425.1M	298.8M	-370.8M	-729.1M	-37.6M	-364.5M	-179.9M
Net change in cash	83M	-260.1M	80.8M	-101.5M	178M	75M	-154.7M	447.7M	131.6M	-17.3M
Free cash flow	119.9M	19.9M	114.2M	153.2M	-229.9M	374.2M	363.9M	200.1M	231.7M	162.6M

Cash generation and uses

Cash from operations, what's left after capex, and what went back to shareholders. Bars below the line are cash going out.

Condensed cash flow statement

Click a row to chart it; unreported figures show a dash.

Period	Q3 23	Q4 23	Q1 24	Q2 24	Q3 24	Q4 24	Q1 25	Q2 25	Q3 25	Q4 25	Q1 26	Q2 26
Net income	123.6M	40.1M	-11.2M	91.1M	119.7M	27.9M	-16.1M	80.1M	89.3M	15.1M	-34.1M	63.3M
Depreciation & amortization	39.2M	39.8M	39.2M	40.3M	41.6M	42.4M	41.7M	43M	44.7M	45.1M	45.1M	45.8M
Stock-based compensation	4.6M	4.2M	3.5M	2.8M	3.2M	4.1M	4.2M	3.9M	4.3M	4.9M	5.3M	4.8M
Change in working capital	-69.1M	3M	58.6M	12M	-79.5M	11M	24.4M	11.9M	-72.3M	6.2M	66M	11M
Operating cash flow	153.3M	107.4M	91.3M	172M	127.5M	105.3M	54.8M	181.2M	94.8M	78.4M	66.8M	170M
Capital expenditure	—	—	—	—	—	—	—	-53.6M	-56.8M	-50.3M	-69.6M	-68.6M
Investing cash flow	—	—	-74K	-4K	3K	0	—	-53.6M	-56.8M	-50.3M	-69.6M	-68.6M
Dividends paid	—	—	—	—	—	—	—	—	—	—	—	—
Share repurchases	-3.9M	0	-16.9M	-212M	-216.4M	-37.7M	-4.6M	-4.6M	-7.1M	-144.1M	-93.8M	-126.4M
Financing cash flow	-7.5M	-3.6M	-27.8M	-66M	-223.1M	-47.6M	-9.4M	-9.4M	-11.9M	-149.2M	-68.3M	-111.3M
Net change in cash	145.8M	103.8M	63.5M	106M	-95.5M	57.7M	45.4M	118.2M	26.1M	-121M	-71.1M	-9.9M
Free cash flow	74.9M	35.8M	-15.8M	93.7M	67.6M	86.2M	-31.2M	127.6M	38M	28.1M	-2.8M	101.5M

United Parks & Resorts Inc. Financials

EPS

Revenue

Results

EPS

Revenue

Results

Total revenue

Total revenue

Revenue and profits

Condensed income statement

Revenue and profits

Condensed income statement

P/E

Key stats

Valuation

Profitability

Financial health

Per share

Capital allocation

Dividend per share

Recent payouts

Assets vs. liabilities & equity

Condensed balance sheet

Assets vs. liabilities & equity

Condensed balance sheet

Cash generation and uses

Condensed cash flow statement

Cash generation and uses

Condensed cash flow statement