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Six Flags Entertainment Corporation/NEW (FUN) Stock Fundamental Analysis & AI Rating 2026

FUN NYSE Services-Amusement & Recreation Services DE CIK: 0001999001
Recently Updated • Analysis: May 9, 2026 • SEC Data: 2026-03-29
Combined AI Rating
STRONG SELL
92% Confidence
STRONG AGREEMENT
STRONG SELL
95% Conf
STRONG SELL
90% Conf

📊 FUN Key Takeaways

Revenue: $225.6M
Net Margin: -119.0%
Free Cash Flow: $-137.1M
Current Ratio: 0.68x
Debt/Equity: 19.13x
EPS: $-2.65
AI Rating: STRONG SELL with 95% confidence
Six Flags Entertainment Corporation/NEW (FUN) receives a STRONG SELL rating with 92% confidence from our AI fundamental analysis based on SEC 10-K filings. With revenue of $225.6M, net profit margin of -119.0%, and return on equity (ROE) of -96.2%, Six Flags Entertainment Corporation/NEW demonstrates mixed fundamentals in the Services sector. Below is our complete FUN stock analysis for 2026.

Is Six Flags Entertainment Corporation/NEW (FUN) a Good Investment?

Claude

Six Flags is in severe financial distress with -119% net margins, -137.1M negative free cash flow, and extreme 19.13x debt/equity leverage despite 14.4% revenue growth. The company is burning cash operationally while carrying $5.3B debt against only $279.2M equity and has poor liquidity (0.68x current ratio), creating near-term solvency risk. Worsening profitability despite revenue growth indicates structural operational problems that growth alone cannot solve.

ChatGPT

Revenue growth of 14.4% is outweighed by extremely weak earnings quality, with a -44.4% operating margin, -51.6% net margin, and a large net loss of $1.60B. Financial health is stretched by very high leverage at 9.40x debt-to-equity, weak liquidity below 1.0x, and negative free cash flow, leaving little cushion if operating performance does not improve materially. The core fundamental profile points to a highly leveraged business with poor profitability and elevated balance-sheet risk.

Why Buy Six Flags Entertainment Corporation/NEW Stock? FUN Key Strengths

Claude
  • + Revenue growth of 14.4% YoY demonstrates customer demand and market activity
  • + Significant asset base of $7.7B represents valuable operating properties and infrastructure
  • + Recent insider Form 4 activity (7 filings in 90 days) shows management engagement
ChatGPT
  • + Revenue grew 14.4% year over year, indicating underlying demand and scale expansion
  • + Operating cash flow remained positive at $327.47M despite reported net losses
  • + Large asset base of $7.80B provides operating scale and franchise value

FUN Stock Risks: Six Flags Entertainment Corporation/NEW Investment Risks

Claude
  • ! Operating losses of -312.2M with -138.4% operating margin indicate core business is structurally unprofitable
  • ! Extreme leverage of 19.13x debt/equity with negative free cash flow creates critical bankruptcy and refinancing risk
  • ! Negative free cash flow of -137.1M annually is unsustainable and deteriorating (-60.8% FCF margin)
  • ! Poor liquidity (0.68x current ratio) with current liabilities exceeding current assets threatens operational continuity
  • ! Profitability worsening (-3.2% YoY decline in net income) despite revenue growth signals underlying operational dysfunction
ChatGPT
  • ! Profitability is severely negative, with operating income of -$1.38B and net margin of -51.6%
  • ! Balance sheet risk is high due to $5.17B of long-term debt and 9.40x debt-to-equity
  • ! Liquidity is weak, with a 0.69x current ratio, 0.59x quick ratio, and negative free cash flow of -$152.20M

Key Metrics to Watch

Claude
  • * Free cash flow trend and path to cash flow positivity (currently -137.1M)
  • * Operating margin improvement trajectory (currently -138.4%)
  • * Debt refinancing capabilities and near-term debt obligations vs. available liquidity
ChatGPT
  • * Operating margin and net loss improvement
  • * Free cash flow generation relative to debt load

Six Flags Entertainment Corporation/NEW (FUN) Financial Metrics & Key Ratios

Revenue
$225.6M
Net Income
$-268.6M
EPS (Diluted)
$-2.65
Free Cash Flow
$-137.1M
Total Assets
$7.7B
Cash Position
$116.5M

💡 AI Analyst Insight

The current ratio below 1.0x warrants monitoring of short-term liquidity.

FUN Profit Margin, ROE & Profitability Analysis

Gross Margin N/A
Operating Margin -138.4%
Net Margin -119.0%
ROE -96.2%
ROA -3.5%
FCF Margin -60.8%

FUN vs Services Sector: How Six Flags Entertainment Corporation/NEW Compares

How Six Flags Entertainment Corporation/NEW compares to Services sector averages

Net Margin
FUN -119.0%
vs
Sector Avg 10.0%
FUN Sector
ROE
FUN -96.2%
vs
Sector Avg 16.0%
FUN Sector
Current Ratio
FUN 0.7x
vs
Sector Avg 1.5x
FUN Sector
Debt/Equity
FUN 19.1x
vs
Sector Avg 0.7x
FUN Sector

Sector benchmarks are approximate industry averages. Actual sector performance may vary.

Is Six Flags Entertainment Corporation/NEW Stock Overvalued? FUN Valuation Analysis 2026

Based on fundamental analysis, Six Flags Entertainment Corporation/NEW shows some fundamental concerns relative to the Services sector in 2026.

Return on Equity
-96.2%
Sector avg: 16%
Net Profit Margin
-119.0%
Sector avg: 10%
Revenue Growth
N/A
Year-over-year
Debt/Equity
19.13x
Sector avg: 0.7x

Note: This is a fundamental analysis based on SEC filings. For P/E ratio, price targets, and market-based valuation, consult financial data providers. This is not investment advice.

Six Flags Entertainment Corporation/NEW Balance Sheet: FUN Debt, Cash & Liquidity

Current Ratio
0.68x
Quick Ratio
0.62x
Debt/Equity
19.13x
Debt/Assets
0.0%
Interest Coverage
N/A
Long-term Debt
$5.3B

FUN Revenue & Earnings Growth: 5-Year Financial Trend

FUN 5-year financial data: Year 2024: Revenue $2.7B, Net Income $307.7M, EPS $-3.22. Year 2025: Revenue $3.1B, Net Income $124.6M, EPS $2.42.
Revenue
Net Income
EPS (right axis)

5-Year Trend Summary: Six Flags Entertainment Corporation/NEW's revenue has grown significantly by 14% over the 5-year period, indicating strong business expansion. The most recent EPS of $2.42 reflects profitable operations.

FUN Revenue Growth, EPS Growth & YoY Performance

Revenue Growth
N/A
Year-over-year
Net Income Growth
N/A
Year-over-year
EPS Growth
N/A
Earnings per share
FCF Margin
-60.8%
Free cash flow / Revenue

FUN Quarterly Earnings & Performance

Quarterly financial performance data for Six Flags Entertainment Corporation/NEW including revenue, net income, and earnings per share.
Quarter Revenue Net Income EPS
Q1 2026 $202.1M -$219.7M $-2.20
Q3 2025 $1.3B $33.1M $0.49
Q2 2025 $571.6M $55.6M $-0.99
Q1 2025 $101.6M -$133.5M $-2.20
Q3 2024 $842.0M $33.1M $0.49
Q2 2024 $501.0M $53.6M N/A

Data sourced from SEC EDGAR 10-Q quarterly filings. Figures may represent quarterly or cumulative values.

Six Flags Entertainment Corporation/NEW Dividends, Buybacks & Capital Allocation

Operating Cash Flow
-$83.2M
Cash generated from operations
Stock Buybacks
$74.5M
Shares repurchased (TTM)
Capital Expenditures
$54.0M
Investment in assets
Dividends
None
No dividend program

FUN SEC Filings: Latest 10-K & 10-Q Analysis

Access official SEC EDGAR filings for Six Flags Entertainment Corporation/NEW (CIK: 0001999001)

📋 Recent SEC Filings

Date Form Document Action
May 7, 2026 8-K d143250d8k.htm View →
May 7, 2026 10-Q fun-20260329.htm View →
May 7, 2026 8-K fun-20260507.htm View →
Apr 20, 2026 4 xslF345X06/wk-form4_1776721687.xml View →
Apr 9, 2026 DEF 14A d47609ddef14a.htm View →

Frequently Asked Questions about FUN

What is the AI rating for FUN?

Six Flags Entertainment Corporation/NEW (FUN) has a Combined AI Rating of STRONG SELL from Claude (STRONG SELL) and ChatGPT (STRONG SELL) with 92% combined confidence, based on fundamental analysis of SEC EDGAR filings.

What are FUN's key strengths?

Claude: Revenue growth of 14.4% YoY demonstrates customer demand and market activity. Significant asset base of $7.7B represents valuable operating properties and infrastructure. ChatGPT: Revenue grew 14.4% year over year, indicating underlying demand and scale expansion. Operating cash flow remained positive at $327.47M despite reported net losses.

What are the risks of investing in FUN?

Claude: Operating losses of -312.2M with -138.4% operating margin indicate core business is structurally unprofitable. Extreme leverage of 19.13x debt/equity with negative free cash flow creates critical bankruptcy and refinancing risk. ChatGPT: Profitability is severely negative, with operating income of -$1.38B and net margin of -51.6%. Balance sheet risk is high due to $5.17B of long-term debt and 9.40x debt-to-equity.

What is FUN's revenue and growth?

Six Flags Entertainment Corporation/NEW reported revenue of $225.6M.

Does FUN pay dividends?

Six Flags Entertainment Corporation/NEW does not currently pay dividends.

Where can I find FUN SEC filings?

Official SEC filings for Six Flags Entertainment Corporation/NEW (CIK: 0001999001) including 10-K, 10-Q, and 8-K reports are available on SEC EDGAR.

What is FUN's EPS?

Six Flags Entertainment Corporation/NEW has a diluted EPS of $-2.65.

How is the AI analysis conducted?

Two independent AI systems — Claude (Anthropic) and ChatGPT (OpenAI) — analyze SEC EDGAR filings including 10-K annual reports and 10-Q quarterly reports. Each AI evaluates financial health, profitability ratios, balance sheet strength, and growth metrics. The combined rating reflects both perspectives for balanced insights.

Is FUN a good stock to buy right now?

Based on our AI fundamental analysis in May 2026, Six Flags Entertainment Corporation/NEW has a STRONG SELL rating with 92% confidence. Review the strengths and risks sections above before making a decision. This is not investment advice.

Is FUN stock overvalued or undervalued?

Valuation metrics for FUN: ROE of -96.2% (sector avg: 16%), net margin of -119.0% (sector avg: 10%). Compare these metrics with sector averages to assess valuation.

Should I buy FUN stock in 2026?

Our dual AI analysis gives Six Flags Entertainment Corporation/NEW a combined STRONG SELL rating for 2026. Revenue is data pending, with profitability at or below sector average. Always conduct your own research.

What is FUN's free cash flow?

Six Flags Entertainment Corporation/NEW's operating cash flow is $-83.2M, with capital expenditures of $54.0M. FCF margin is -60.8%.

How does FUN compare to other Services stocks?

Vs Services sector averages: Net margin -119.0% (avg: 10%), ROE -96.2% (avg: 16%), current ratio 0.68 (avg: 1.5).

Is Six Flags Entertainment Corporation/NEW carrying too much debt?

FUN has a debt-to-equity ratio of 19.13x, which is above the Services sector average of 0.7x. Combined with a current ratio below 1, this warrants careful monitoring of the balance sheet.

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Disclaimer: This analysis is generated by Claude AI (Anthropic) and ChatGPT (OpenAI) based on publicly available SEC EDGAR filings. It does not include stock price data and should not be considered financial advice. All fundamental data is sourced from SEC public domain filings. Always conduct your own research and consult with a qualified financial advisor before making investment decisions.
Data Source: SEC EDGAR | Analysis Date: May 9, 2026 | Data as of: 2026-03-29 | Powered by Claude AI