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Six Flags information


Six Flags Entertainment Corporation
FormerlySix Flags, Inc. (2000–2010)
Company typePublic
Traded as
  • NYSE: SIX
  • S&P 600 component
IndustryTheme parks
FoundedAugust 5, 1961; 62 years ago (1961-08-05)
FounderAngus G. Wynne
HeadquartersArlington, Texas, U.S.
Number of locations
27
Area served
  • United States
  • Mexico
  • Canada
Key people
Selim Bassoul (president & CEO)
Ben Baldanza (chairman)
Revenue
  • Decrease US$1,358,236,000 (2022)[1]
  • US$1,496,905,000 (2021)[2]
Net income
  • Decrease US$108,928,000(2022)[3]
  • US$129,923,000 (2021)[4]
Number of employees
1,450 full-time; 40,000 seasonal (2022) [5]
Websitesixflags.com

Six Flags Entertainment Corporation, formerly Six Flags Theme Parks, Inc., is an American amusement park corporation, headquartered in Arlington, Texas. It has properties in Canada, Mexico, and the United States. Six Flags owns the most theme parks and waterparks combined of any amusement-park company and has the seventh highest attendance in the world.[6] The company operates 27 properties throughout North America, including theme parks, amusement parks, water parks, and a family entertainment center. In 2019, Six Flags properties hosted 32.8 million guests.[7][8]

Originally, the company was known as Six Flags, Corp., and later Six Flags, Inc. Founded in the 1960s, its name is derived from its first property, Six Flags Over Texas. The company maintains a corporate office in Midtown Manhattan, and headquarters in Arlington, Texas. On June 13, 2009, the corporation filed for Chapter 11 bankruptcy protection because of crippling debt, which it successfully exited after corporate restructuring on May 3, 2010.[9][10][11]

On November 2, 2023, Six Flags announced plans to merge with rival Cedar Fair in an $8 billion deal, with the merged company retaining the Six Flags name.[12][13][14] The merged company will operate a total of 51 properties, consisting of 27 amusement parks consisting of a total of 292 roller coasters, 15 water parks, and nine resorts. In their announcement, Six Flags projected over $3 billion in revenue as a result of the merger, with the new company to be based in Charlotte, North Carolina.[14]

  1. ^ "2022 Annual Report" (PDF). investors.sixflags.com. Retrieved April 25, 2023.
  2. ^ "Six Flags Announces Fourth Quarter and Full Year 2021 Performance". investors.sixflags.com. Retrieved May 22, 2022.
  3. ^ "2022 Annual Report" (PDF). investors.sixflags.com. Retrieved April 25, 2023.
  4. ^ "Six Flags Announces Fourth Quarter and Full Year 2021 Performance". investors.sixflags.com. Retrieved May 22, 2022.
  5. ^ "2022 Annual Report" (PDF). investors.sixflags.com. Retrieved April 24, 2023.
  6. ^ "Eighth Consecutive Record Year for Six Flags". Six Flags Entertainment Corporation. February 20, 2018. Retrieved June 9, 2018.
  7. ^ Scott Fais (June 20, 2020). "Six Flags Reopens With Enhanced Safety Protocols". IAAPA. Retrieved July 13, 2020.
  8. ^ "Six Flags Announces Fourth Quarter and Full Year 2021 Earnings" (Press release). Arlington, Texas: Six Flags. May 21, 2022.
  9. ^ "Six Flags Chapter 11 Petition" (PDF). PacerMonitor. Retrieved May 31, 2016.
  10. ^ "Six Flags Enters Final Phase of Financial Restructuring". businesswire.com. June 13, 2009. Retrieved April 15, 2011.
  11. ^ Tom Hals (May 3, 2010). "Six Flags emerges from bankruptcy". Reuters. Retrieved April 15, 2011.
  12. ^ "Cedar Fair and Six Flags to Combine in Merger of Equals, Creating a Leading Amusement Park Operator".
  13. ^ Shaw, Courtney (November 2, 2023). "Cedar Fair, which owns Cedar Point, and Six Flags finalize merger". WEWS-TV. Retrieved November 3, 2023.
  14. ^ a b Nerkar, Santul (November 2, 2023). "Six Flags Merges With Cedar Fair, a Rival Amusement Park". The New York Times. ISSN 0362-4331. Retrieved November 19, 2023.

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