FUN · Cedar Fair L P - Financials

Annual line items from SEC XBRL filings, sourced from EDGAR's Company Facts API with fallback to the quarterly Financial Statement Data Sets. See issuer overview for Form 4 activity and 10-K signals.

Price · FUN

1Y 3Y 5Y Max

Annual Quarterly

Income Statement

Line item	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020	FY 2019
Revenue	-	$1.80B	$1.82B	$1.34B	$181.56M	$1.47B
Cost of Revenue	-	-	-	-	-	-
Gross Profit	-	-	-	-	-	-
R&D	-	-	-	-	-	-
SG&A	-	$296.46M	$260.59M	$219.76M	$108.12M	$222.25M
Total Operating Expenses	-	$1.49B	$1.30B	$1.19B	$753.56M	$1.17B
D&A	-	$158.00M	$153.27M	$148.80M	$157.55M	$170.46M
Operating Income	-	$306.16M	$519.94M	$148.34M	($572.01M)	$309.44M
Interest Expense	-	$141.77M	$151.94M	$184.03M	$150.67M	$100.36M
Income Tax	-	$48.04M	$63.99M	$20.04M	($137.91M)	$42.79M
Net Income	-	$124.56M	$307.67M	($48.52M)	($590.24M)	$172.37M
EPS - Basic	-	-	-	-	-	-
EPS - Diluted	-	-	-	-	-	-

Balance Sheet

Line item	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020	FY 2019
Cash & Equivalents	$35.13M◇	$65.49M	$101.19M	$61.12M	$376.74M	$182.25M
Accounts Receivable	-	$79.51M	$70.93M	$62.11M	$34.45M	$63.11M
Inventory	-	$44.10M	$45.30M	$32.11M	$47.48M	$32.90M
Accounts Payable	-	$37.59M	$54.98M	$53.91M	$14.27M	$29.34M
Current Assets	$190.19M◇	$208.84M	$243.76M	$263.64M	$554.51M	$294.18M
Total Assets	$2.26B◇	$2.24B	$2.24B	$2.31B	$2.69B	$2.58B
Current Liabilities	$424.27M◇	$402.73M	$396.97M	$381.51M	$299.98M	$324.14M
Long-term Debt	$2.44B◇	$2.28B	$2.27B	$2.52B	$2.95B	$2.15B
Total Liabilities	-	-	-	-	-	-
Stockholders' Equity	-	-	-	-	-	-
Retained Earnings	-	-	-	-	-	-

Cash Flow

Line item	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020	FY 2019
Operating Cash Flow	-	$325.68M	$407.67M	$201.23M	($416.54M)	$403.04M
Investing Cash Flow	-	($220.42M)	$126.65M	($57.78M)	($120.82M)	($600.22M)
Financing Cash Flow	-	($143.00M)	($489.55M)	($466.43M)	$730.85M	$270.47M
CapEx	-	$220.42M	$183.35M	$59.18M	$129.09M	$330.66M
Free Cash Flow	-	$105.25M	$224.32M	$142.04M	($545.62M)	$72.38M

Ratios

Metric	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020	FY 2019
Profitability
Gross margin	-	-	-	-	-	-
Operating margin	-	17.0%	28.6%	11.1%	-315.1%	21.0%
EBITDA margin	-	25.8%	37.0%	22.2%	-228.3%	32.5%
Net margin	-	6.9%	16.9%	-3.6%	-325.1%	11.7%
Free cash flow margin	-	5.9%	12.3%	10.6%	-300.5%	4.9%
FCF / Net income	-	0.85	0.73	-2.93	0.92	0.42
R&D / Revenue	-	-	-	-	-	-
SG&A / Revenue	-	16.5%	14.3%	16.4%	59.6%	15.1%
Effective tax rate	-	27.8%	17.2%	-	-	19.9%
Return on assets	-	5.6%	13.8%	-2.1%	-21.9%	6.7%
Return on equity	-	-	-	-	-	-
Return on invested capital	-	-	-	-	-	-
Liquidity
Current ratio	0.45	0.52	0.61	0.69	1.85	0.91
Quick ratio	0.45	0.41	0.50	0.61	1.69	0.81
Cash ratio	0.08	0.16	0.25	0.16	1.26	0.56
Leverage
Debt / Equity	-	-	-	-	-	-
Debt / Assets	1.08	1.02	1.01	1.09	1.10	0.83
Debt / EBITDA	-	4.90	3.37	8.48	-	4.47
Interest coverage	-	2.2x	3.4x	0.8x	-3.8x	3.1x
Equity multiplier	-	-	-	-	-	-
Liabilities / Assets	-	-	-	-	-	-
Efficiency
Asset turnover	-	0.80	0.81	0.58	0.07	0.57
Inventory turnover	-	-	-	-	-	-
Days sales outstanding	-	16d	14d	17d	69d	16d
Days inventory outstanding	-	-	-	-	-	-
Days payable outstanding	-	-	-	-	-	-
Cash conversion cycle	-	-	-	-	-	-
Valuation
P / E	-	-	-	-	-	-
P / B	-	-	-	-	-	-
P / S	-	-	-	-	-	-
EV / EBITDA	-	-	-	-	-	-
Growth
Revenue growth (YoY)	-	-1.0%	35.8%	637.1%	-87.7%	14.4%
Revenue CAGR (3y)	-	114.8%	7.2%	1.3%	-48.4%	4.6%
Revenue CAGR (5y)	-	6.9%	6.6%	0.8%	-31.9%	4.9%
Gross profit growth (YoY)	-	-	-	-	-	-
Operating income growth (YoY)	-	-41.1%	250.5%	-	-	6.5%
Net income growth (YoY)	-	-59.5%	-	91.8%	-	36.1%
EPS growth (YoY)	-	-	-	-	-	-
EPS CAGR (3y)	-	-	-	-	-	-
EPS CAGR (5y)	-	-	-	-	-	-
FCF growth (YoY)	-	-53.1%	57.9%	-	-	-61.9%
FCF CAGR (5y)	-	-11.1%	-	-	-	-15.7%
Book value growth (YoY)	-	-	-	-	-	-

Sales by segment

From XBRL dimensional facts in the 10-K period ending 2023-12-31.

Product / service

$3.65B total

In Park Revenues$1.63B · 44.6%

Admission$894.73M · 24.5%

Food Merchandiseand Gaming$613.97M · 16.8%

Accommodations Extra Charge Productsand Other$289.97M · 7.9%

Outof Park Revenues$223.26M · 6.1%

Stability scores

Piotroski F-score

FY 2024 · 9-point quality

0/9

Weak

-Net income positive
-Operating cash flow positive
-ROA improved YoY
-Cash flow > net income
✗Long-term debt decreased
✗Current ratio improved
-No share dilution
-Gross margin improved
-Asset turnover improved

Peer comparison

Same SIC group: Services-Miscellaneous Amusement & Recreation

Company	Revenue (last FY)	Net margin	ROE
DKNG	$6.05B	0.1%	0.6%
SEAS	$1.66B	10.1%	-38.6%
DIS	$94.42B	13.1%	11.3%
SEAT	$450.51M	178.9%	-946.9%
RSI	$1.13B	2.9%	22.6%

Comparing CEDAR FAIR L P against the 5 most active filers in the same SIC group.

Dividends

$0.00/share trailing 12 months

Ex-date	Per share
Jun 5, 2024	$0.3000
Mar 5, 2024	$0.3000
Dec 5, 2023	$0.3000
Sep 5, 2023	$0.3000
Jun 6, 2023	$0.3000
Mar 6, 2023	$0.3000
Nov 30, 2022	$0.3000
Aug 30, 2022	$0.3000
Mar 3, 2020	$0.9350
Dec 3, 2019	$0.9350
Sep 3, 2019	$0.9250
Jun 3, 2019	$0.9250
Mar 8, 2019	$0.9250
Dec 3, 2018	$0.9250
Sep 4, 2018	$0.8900
Jun 1, 2018	$0.8900
Mar 8, 2018	$0.8900
Dec 1, 2017	$0.8900
Sep 1, 2017	$0.8550
Jun 1, 2017	$0.8550
Mar 1, 2017	$0.8550
Dec 1, 2016	$0.8550
Sep 1, 2016	$0.8250
Jun 1, 2016	$0.8250

Cells marked with a small ◇ are sourced from SEC's bulk Financial Statement Data Sets, which can lose dimensional context (notably Revenue and Operating Income for issuers that report by segment). These cells will be replaced with authoritative values from the Company Facts API as the backfill completes.