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FUN (Six Flags Entertainment) Earnings Yield (Joel Greenblatt) % : 2.65% (As of Dec. 2024)


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What is Six Flags Entertainment Earnings Yield (Joel Greenblatt) %?

Six Flags Entertainment's Enterprise Value for the quarter that ended in Dec. 2024 was $10,158 Mil. Six Flags Entertainment's EBIT for the trailing twelve months (TTM) ended in Dec. 2024 was $270 Mil. Six Flags Entertainment's Earnings Yield (Joel Greenblatt) for the quarter that ended in Dec. 2024 was 2.65%.

The historical rank and industry rank for Six Flags Entertainment's Earnings Yield (Joel Greenblatt) % or its related term are showing as below:

FUN' s Earnings Yield (Joel Greenblatt) % Range Over the Past 10 Years
Min: -12.01   Med: 5.58   Max: 11.57
Current: 3.01

During the past 13 years, the highest Earnings Yield (Joel Greenblatt) of Six Flags Entertainment was 11.57%. The lowest was -12.01%. And the median was 5.58%.

FUN's Earnings Yield (Joel Greenblatt) % is ranked worse than
57.95% of 849 companies
in the Travel & Leisure industry
Industry Median: 4.11 vs FUN: 3.01

Joel Greenblatt's definition of earnings yield has the same problems the regular earnings yield does. It does not consider the growth of the company. It only looks at one-year's business operation. For cyclical companies, the earnings yield is usually highest at the peak of the business cycle. But these earnings are rarely sustainable.

A better indicator of the attractiveness of an investment which takes growth into account is the Forward Rate of Return (Yacktman) %. Six Flags Entertainment's Forward Rate of Return (Yacktman) % for the quarter that ended in Dec. 2024 was 0.00%. The Forward Rate of Return uses the normalized Free Cash Flow of the past five years, and considers growth. The forward rate of return can be thought of as the return that investors buying the stock today can expect from it in the future.


Six Flags Entertainment Earnings Yield (Joel Greenblatt) % Historical Data

The historical data trend for Six Flags Entertainment's Earnings Yield (Joel Greenblatt) % can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Six Flags Entertainment Earnings Yield (Joel Greenblatt) % Chart

Six Flags Entertainment Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Earnings Yield (Joel Greenblatt) %
Get a 7-Day Free Trial Premium Member Only Premium Member Only -11.99 2.93 11.76 7.23 2.65

Six Flags Entertainment Quarterly Data
Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24
Earnings Yield (Joel Greenblatt) % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 7.23 6.66 6.18 2.92 2.65

Competitive Comparison of Six Flags Entertainment's Earnings Yield (Joel Greenblatt) %

For the Leisure subindustry, Six Flags Entertainment's Earnings Yield (Joel Greenblatt) %, along with its competitors' market caps and Earnings Yield (Joel Greenblatt) % data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Six Flags Entertainment's Earnings Yield (Joel Greenblatt) % Distribution in the Travel & Leisure Industry

For the Travel & Leisure industry and Consumer Cyclical sector, Six Flags Entertainment's Earnings Yield (Joel Greenblatt) % distribution charts can be found below:

* The bar in red indicates where Six Flags Entertainment's Earnings Yield (Joel Greenblatt) % falls into.


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Six Flags Entertainment Earnings Yield (Joel Greenblatt) % Calculation

In his book, The Little That Beat the Market, hedge fund manager Joel Greenblatt defines Earnings Yield as operating income divided by enterprise value.

Six Flags Entertainments Earnings Yield (Joel Greenblatt) for the fiscal year that ended in Dec. 2024 is calculated as

Earnings Yield (Joel Greenblatt)=EBIT/Enterprise Value
=268.948/10158.0235
=2.65 %

Six Flags Entertainment's EBIT for the trailing twelve months (TTM) ended in Dec. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was $270 Mil.



Six Flags Entertainment  (NYSE:FUN) Earnings Yield (Joel Greenblatt) % Explanation

Joel Greenblatt defines the earnings yield using the above equation because it more accurately reflects the company's profitability relative to its stock price. Items like interest payment and tax etc. are not directly related to the company's operational profitability.

Enterprise Value instead of market cap (share price) is used in the calculation because it is the real price stock and bond investors together pay for the company.


Be Aware

Joel Greenblatt's definition of earnings yield has the same problems the regular earnings yield does. It does not consider the growth of the company. It only looks at one-year's business operation. For cyclical companies, the earnings yield is usually highest at the peak of the business cycle. But these earnings are rarely sustainable.

Forward Rate of Return (Yacktman) % based on Don Yacktman's definition is a better measure of the expected rate of return for a stock.


Six Flags Entertainment Earnings Yield (Joel Greenblatt) % Related Terms

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Six Flags Entertainment Business Description

Traded in Other Exchanges
Address
8701 Red Oak Boulevard, Charlotte, NC, USA, 28217
Six Flags Entertainment Corp is North America's regional amusement resort operator with approximately 27 amusement parks, around 15 separately gated water parks, and nine resort properties across the U.S., Canada, and Mexico. It provides coasters, themed rides, thrilling water parks, resorts, and a portfolio of beloved intellectual properties such as Looney Tunes, DC Comics, and PEANUTS.
Executives
Monica Sauls officer: Senior VP CHRO ONE CEDAR POINT DRIVE, SANDUSKY OH 44870
Nina Barton director ONE CEDAR POINT DRIVE, SANDUSKY OH 44870
Jennifer Mason director C/O CEDAR FAIR, 8701 RED OAK BLVD., CHARLOTTE NC 28217
Michelle M Frymire director C/O SPIRIT REALTY CAPITAL, INC., 2727 N. HARWOOD STREET, SUITE 300, DALLAS TX 75201
Daniel J Hanrahan director ROYAL CARIBBEAN CRUISES LTD, 1050 CARIBBEAN WAY, MIAMI FL 33132
Brian Nurse officer: Exec VP, Chief Legal Officer ONE CEDAR POINT DRIVE, SANDUSKY OH 44870
Matthew A Ouimet officer: President ONE CEDAR POINT DR., SANDUSKY OH 44870
Louis Carr director ONE CEDAR POINT DRIVE, SANDUSKY OH 44870
Carlos Ruisanchez director C/O PINNACLE ENTERTAINMENT INC, 3980 HOWARD HUGHES PARKWAY, LAS VEGAS NV 89169
Tim Fisher officer: Chief Operating Officer ONE CEDAR POINT DRIVE, SANDUSKY OH 44870
Craig Heckman officer: SVP, Human Resources ONE CEDAR POINT DRIVE, SANDUSKY OH 44870
Brian C Witherow officer: V.P. & Corporate Controller ONE CEDAR POINT DRIVE, SANDUSKY OH 44870
David R. Hoffman officer: VP of Finance & Corp Tax ONE CEDAR POINT DRIVE, SANDUSKY OH 44870
Milkie Duffield officer: V.P. & General Counsel ONE CEDAR POINT DR, SANDUSKY OH 44870
Richard Zimmerman officer: VP & GM - Great America ONE CEDAR POINT DRIVE, SANDUSKY OH 44870