Business
United Parks & Resorts Inc. Reports Fourth Quarter and Fiscal 2024 Results
United Parks & Resorts Inc. (NYSE: PRKS), a leading theme park and entertainment company, today reported its financial results for the fourth quarter and fiscal year 2024.
About this update from United Parks & Resorts Inc.
[{"type":"text","content":"ORLANDO, Fla., Feb. 26, 2025 /PRNewswire/ -- United Parks & Resorts Inc. (NYSE: PRKS), a leading theme park and entertainment company, today reported its financial results for the fourth quarter and fiscal year 2024.","length":225,"tagName":"p"},{"type":"text","content":"Fourth Quarter 2024 Highlights","length":30,"tagName":"p"},{"type":"list","items":[{"val":[{"type":"text","content":"Attendance was 4.9 million guests, a decrease of approximately 79,000 guests from the fourth quarter of 2023.","length":109,"tagName":"p"}]},{"val":[{"type":"text","content":"Total revenue was $384.4 million, a decrease of $4.6 million or 1.2% from the fourth quarter of 2023.","length":101,"tagName":"p"}]},{"val":[{"type":"text","content":"Net income was $27.9 million, a decrease of $12.2 million from the fourth quarter of 2023.","length":90,"tagName":"p"}]},{"val":[{"type":"text","content":"Adjusted EBITDA[1] was $144.5 million a decrease of $6.0 million from the fourth quarter of 2023.","length":97,"tagName":"p"}]},{"val":[{"type":"text","content":"Total revenue per capita[2] increased 0.4% to $78.75 from the fourth quarter of 2023. Admission per capita[2] decreased 1.9% to $43.61 while in-park per capita spending[2] increased 3.5% to a record $35.14 from the fourth quarter of 2023.","length":238,"tagName":"p"}]}],"tagName":"ul","bulletedList":true,"length":635,"olType":false},{"type":"text","content":"Fiscal 2024 Highlights ","length":22,"tagName":"p"},{"type":"list","items":[{"val":[{"type":"text","content":"Attendance was 21.5 million guests, a decrease of approximately 59,000 guests or 0.3% from fiscal 2023.","length":103,"tagName":"p"}]},{"val":[{"type":"text","content":"Total revenue was $1,725.3 million, a decrease of $1.3 million or 0.1% from fiscal 2023.","length":88,"tagName":"p"}]},{"val":[{"type":"text","content":"Net income was $227.5 million, a decrease of $6.7 million or 2.9% from fiscal 2023.","length":83,"tagName":"p"}]},{"val":[{"type":"text","content":"Adjusted EBITDA was $700.2 million, a decrease of $13.3 million or 1.9% from fiscal 2023.","length":89,"tagName":"p"}]},{"val":[{"type":"text","content":"Total revenue per capita increased 0.2% to a record $80.07 from fiscal 2023. Admission per capita decreased 1.2% to a $43.61 while in-park per capita spending increased 2.0% to a record $36.46 from fiscal 2023.","lengt...