Valor20242025TTMSelling/general/admin expenses411.16 M439.39 M439.39 MResearch & development———Operating income310.51 M-1.38 B-1.38 BNon-Operating Income, Total-64.34 M44.75 M22.54 MInterest expense, net of interest capitalized85 K97 K—Non-Operating Income, excl. Interest Expenses-30.84 M23.13 M1.02 MUnusual income/expense-33.58 M21.52 M21.52 MPretax income34.18 M-1.71 B-1.71 BEquity in earnings———Taxes240.84 M-163.98 M-163.98 MNon-controlling/minority interest24.5 M49.63 M49.63 MAfter tax other income/expense-47.61 M-25.37 M-25.37 MNet income before discontinued operations-231.16 M-1.6 B-1.6 BDiscontinued operations———Net income-231.16 M-1.6 B-1.6 BDilution adjustment———Preferred dividends———Diluted net income available to common stockholders-242.18 M-1.6 B-1.6 BBasic earnings per share (Basic EPS)-3.22-15.89-15.89Diluted earnings per share (Diluted EPS)-3.22-15.89-15.89Average basic shares outstanding75.26 M100.66 M402.29 MDiluted shares outstanding75.26 M100.66 M402.29 MEBITDA628.96 M-887.53 M—EBIT310.51 M-1.38 B-1.38 BCost of revenue232.56 M269.7 M269.7 MOther cost of goods sold———Depreciation & amortization (cash flow)318.45 M487.47 M—
Six Flags Entertainment Corporation New
Cedar Fair, L.P. was an American amusement park company headquartered in Sandusky, Ohio, United States. Formed in 1983 via Cedar Point's acquisition of Valleyfair, it was the seventh-largest amusement park company in the world by attendance, hosting 26.7 million guests in 2023. Prior to its 2024 merger into Six Flags, Cedar Fair owned 11 amusement parks and 4 separately-gated water parks. Additionally, Cedar Fair had theme park licensing rights to use Peanuts intellectual properties at its parks.
In November 2023, Cedar Fair and competitor Six Flags announced that they would merge. With the merger completing on July 1, 2024, both companies dissolved and formed a new entity named Six Flags Entertainment Corporation. Former Cedar Fair stockholders obtained a 51.2% majority stake and kept Cedar Fair's stock ticker, FUN, for the New York Stock Exchange. At the time of the merger's completion, the combined company operated 42 properties and became the largest amusement park operator in North America.