While the divestiture strengthens the balance sheet through debt reduction, investors should monitor how the loss of $260 million in annual revenue impacts future earnings and growth prospects. The market may react negatively to the revenue reduction despite the deleveraging benefits.
Price Chart
Executive Summary
Six Flags is selling seven of its regional parks to EPR Properties for $331 million in cash to streamline its portfolio and strengthen its balance sheet. The divested parks generated approximately $260 million in revenue and $45 million in Adjusted EBITDA in 2025. Proceeds will be used to pay down debt, slightly improving the company's leverage ratio.
Key Financial Metrics
Key Facts
- Six Flags agreed to sell seven parks to EPR Properties for $331 million in cash
- The divested parks generated $260 million in net revenue and $45 million in Adjusted EBITDA in 2025
- Proceeds will be used to pay down debt, with net proceeds expected to be slightly beneficial to the company's leverage ratio
- The transaction includes six U.S. parks and Six Flags La Ronde in Montreal
- Six Flags will continue to operate 34 parks across 23 locations in North America
Financial Impact
$331 million in cash proceeds, $260 million in annual revenue and $45 million in EBITDA being divested
Risk Factors
- Loss of $260 million in annual revenue could impact future earnings growth
- Integration challenges in focusing operations on remaining parks
- Potential customer attrition as season pass benefits are maintained only through 2026
Market Snapshot
Investment Themes
Documents Analyzed
This report is based on 5 SEC documents filed with EDGAR.
| Document | Accession Number |
|---|---|
| 8-K Filing (Primary) | 0001193125-26-092688 |
| Document: d118237dex991.htm | 0001193125-26-092688 |
| Document: 0001193125-26-092688-index-headers.html | 0001193125-26-092688 |
| Document: 0001193125-26-092688-index.html | 0001193125-26-092688 |
| Document: 0001193125-26-092688.txt | 0001193125-26-092688 |
Filters
| Type | Now | ||||
|---|---|---|---|---|---|
Aug 6, 2026 10w ago | 8-K | $15.75 $15.03 | ▼ −4.57% | ▼ −5.17% | $8.11 (−48.51%) |
Jun 12, 2026 18w ago | Institutional Cluster | $23.44 $19.46 | ▼ −16.98% | ▼ −18.76% | $8.11 (−65.40%) |
Jun 11, 2026 18w ago | Institutional Cluster | $24.39 $18.65 | ▼ −23.53% | ▼ −25.43% | $8.11 (−66.75%) |
May 27, 2026 20w ago | 8-K | $20.30 $22.01 | ▲ +8.42% | ▲ +11.57% | $8.11 (−60.05%) |
May 27, 2026 20w ago | 3 | $20.30 $22.01 | ▲ +8.42% | ▲ +11.57% | $8.11 (−60.05%) |
May 27, 2026 20w ago | 3 | $20.30 $22.01 | ▲ +8.42% | ▲ +11.57% | $8.11 (−60.05%) |
May 20, 2026 21w ago | 8-K | $19.72 $22.81 | ▲ +15.67% | ▲ +15.34% | $8.11 (−58.87%) |
May 12, 2026 22w ago | Insider Cluster | $18.90 $23.14 | ▲ +22.43% | ▲ +24.16% | $8.11 (−57.09%) |
May 7, 2026 23w ago | 8-K | $22.01 $20.72 | ▼ −5.86% | ▼ −5.88% | $8.11 (−63.15%) |
May 7, 2026 23w ago | 8-K | $22.76 $20.29 | ▼ −10.85% | ▼ −13.99% | $8.11 (−64.37%) |
US Market Status
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