United Parks & Resorts Inc.
PRKSUnited Parks & Resorts Inc.'s balance sheet is under water — net worth is negative, so it owes more than it owns. This is a distressed, high-risk situation — the equity can be wiped by dilution or restructuring before operations recover. Not a value setup.
Biggest watch item: the P/E sits at the 94th percentile of its own range — the multiple has already done part of the work.
The price is topping out (9 weeks in) while the P/E sits at the 94th percentile of its own 4-year range. But the balance sheet is under water: net worth is negative, so shareholders sit behind everyone the company owes. What settles it: whether the business can earn its way back to positive equity before dilution or restructuring gets there first.
Price story Before the numbers, the tape. A stock price moves through four repeating seasons: a flat base (stage 1), an advance (2), a top (3), a decline (4). Where the price sits in that cycle frames everything below.
United Parks & Resorts Inc. trades at $47.0, losing momentum at the top and 9 weeks into that stage. That is +21.2% against its own 200-day average. It sits at 68% of a 52-week range of $30 to $55. On relative strength it has been ahead of the S&P 500 on a trailing-13-week view for 10 straight weeks.
Today the stock is losing momentum at the top — week 9 of stage 3. At $47.0 it trades +21.2% versus its 200-day average and sits at 68% of its 52-week range ($30–$55).
Against the market, two honest reads. Cumulative: over the last 10.1 years the stock moved +224% while the S&P 500 moved +248% — behind the index over the full window. Recent form: on a trailing-13-week view the stock has been ahead for 10 straight weeks — the ribbon below is that same metric, week by week.
What would end the trend, mechanically: two Friday closes in a row below the 200-day line. That is the exit rule — no debates.
→ The trend is one thing; the bill is another. Are you paying up for it? Next: the P/E sits at the 94th percentile of its own range.
Valuation P/E is the price of $1 of annual profit: how many dollars the market pays for each dollar the company earns in a year.
United Parks & Resorts Inc. trades at 16.8× P/E, at the pricey end of its own range (94th percentile). Its long-run median P/E is 13.5×, measured across 4.3 years of weekly readings. This places the multiple against the stock’s own record, and says nothing about what the business is worth.
Today's P/E of 16.8× is at the pricey end of its own range (94th percentile), against a long-run median of 13.5× measured over 4.3 years of weekly readings. This is a comparison against the stock's own history — not a claim about what it is worth.
Why the multiple sits where it does: over the past year annual EPS moved −19.3% against a −8.4% price move — the price outran earnings, pushing the multiple UP its own range.
The price move, decomposed: over 3y, of the −3.6%/yr price move, ~−11.6%/yr came from earnings growth and ~+8.0 pp from the multiple (expanding). The split is the honest approximate (price return minus earnings growth); it makes the rally itself visible instead of hiding it behind the percentile.
Put together: the multiple is full against its own past, so the story rests on the earnings line underneath it, not the multiple.
→ Cheap or dear rides on the earnings. Are they actually growing? Next: the fundamental stage — where the business sits in its arc, and how growth has compounded.
Stage: Deteriorating Every business sits somewhere on a fundamental arc, and this page names the spot before anything else. The last twelve quarters of revenue, profit and EPS growth — plus the return the business earns on its capital — are read as curves: Deteriorating (the curves are falling), Turning around (a trough has just formed and the last few quarters lift off it), Improving (the climb off the trough is sustained), Consistent (steadily positive with healthy returns), Topping out (still high but decelerating from the peak). When the curves genuinely disagree the read is Mixed; too little history is No read. CAGR (compound annual growth rate) is the smooth yearly pace that turns the starting value into the latest one — the fairest way to compare growth across different time spans. Read the columns together: if the 1-year number towers over the 10-year, recent growth is running hotter than the long-run trend. A dash means that window is not held, or the base year was a loss (where a growth rate is not meaningful).
United Parks & Resorts Inc. reads as deteriorating on its fundamental arc. Deteriorating — revenue, profit and EPS growth are shrinking (revenue growth −4.1% latest against +5.4% at its 12-quarter best). The read is built from 12 quarters across 3 curves, on partial evidence.
🚨 Why it matters: falling curves mean every cheap-looking ratio below needs a discount for direction.
The return-on-capital curve is not shown — net worth is negative, so a return on capital is not a meaningful number in any basis. This is a distressed balance sheet, and the stage is read from the growth curves alone.
A partial read: at least one curve is short, or the returns curve is not the computed quarterly series — hold the stage word a little more loosely.
| 1yr | 3yr | 5yr | 10yr | |
|---|---|---|---|---|
| Revenue | −4.0% | −1.4% | — | — |
| Profit | −26.1% | −16.3% | — | — |
| EPS | −19.3% | −9.6% | — | — |
| Stock price | −8.4% | −3.6% | −0.2% | +11.8% |
→ The stage names the trajectory. Next: the revenue line that produces it, quarter by quarter.
4-Factor Sector Score
40.2/100 — rank 20 of 22 in Leisure · 75% evidence confidence
United Parks & Resorts Inc. scores 40.2 out of 100 against the 22 companies it is compared with in Leisure, ranking 20. Price leads the evidence: RS versus the benchmark is 5.8%, but earnings trajectory is weak. Wait for revenue and profit confirmation.
The four contributions add to the total exactly: 10.6 + 6.8 + 7.9 + 14.9 = 40.2. This is the SAME number shown on the sector comparison — it is computed once, for the whole peer set, and read here.
What would change it: The read weakens if profit growth turns negative or margin improvement reverses while sector-relative strength deteriorates.
Revenue Revenue is the top line: everything the company billed its customers in the period.
United Parks & Resorts Inc. reported $0.3 B of revenue in the Mar 26 quarter, −3.4% year on year. Over 4 years it has compounded at 2.6% a year. The last full year, FY25, came in at $1.7 B. The last four reported quarters add to $1.7 B.
United Parks & Resorts Inc. reported $0.3 B of revenue in the Mar 26 quarter, −3.4% year on year. Over 4 years it has compounded at 2.6% a year. The last full year, FY25, came in at $1.7 B. The last four reported quarters add to $1.7 B.
FY25 revenue came in at $1.7 B (−4.0% on the year), capping 4 years at 2.6% compound. The latest quarter (Mar 26) printed $0.3 B, −3.4% year on year.
Pace check: the last four quarters averaged −3.8% growth against the decade's 2.6% — the current year is running slower than its own long-run rate.
Acceleration check: trailing-twelve-month revenue grew −4.1% over the last 4 quarters against −2.6%/yr over the last 8 — stabilising; TTM profit −27.3% vs −18.4%/yr — rolling over.
→ Revenue slipped — did margins hold as it scaled? Next: −3.6% this quarter (−10.5 pp YoY).
Operating margin Operating margin is what is left of every $100 of sales after running the business, before interest and tax. It is the cleanest read on pricing power and cost control.
United Parks & Resorts Inc.'s operating margin is −3.6% in the Mar 26 quarter, −10.5 percentage points against the same quarter a year ago. Across 5 fiscal years the operating margin has ranged 22.3% to 29.5%. The current quarter is running below every full year in that window.
United Parks & Resorts Inc.'s operating margin is −3.6% in the Mar 26 quarter, −10.5 percentage points against the same quarter a year ago. Across 5 fiscal years the operating margin has ranged 22.3% to 29.5%. The current quarter is running below every full year in that window.
The latest quarter's operating margin is −3.6%, −10.5 pp against the same quarter a year ago. Across 5 fiscal years the operating margin has ranged 22.3%–29.5%.
🚨 Why the margin moved: operating margin went −10.5 pp year on year while gross margin went +3.2 pp — the loss came mostly below the gross line: operating leverage, with costs spread over a bigger revenue base.
→ Margins slipped — did that reach the bottom line? Next: profit null in the latest quarter.
Net profit Net profit is what survives every cost, interest and tax — the number EPS, dividends and book value all grow from.
United Parks & Resorts Inc. posted a net loss of $0.03 B in the Mar 26 quarter. Full-year FY25 profit was $0.2 B. The 4-year compound rate is −10.1%. That loss is 10.7% of the quarter's revenue. The same quarter a year earlier lost $0.02 B. 3 of the last 12 reported quarters were loss-making.
United Parks & Resorts Inc. posted a net loss of $0.03 B in the Mar 26 quarter. Full-year FY25 profit was $0.2 B. The 4-year compound rate is −10.1%. That loss is 10.7% of the quarter's revenue. The same quarter a year earlier lost $0.02 B. 3 of the last 12 reported quarters were loss-making.
Mar 26 profit was $−0.0 B, null year on year. On the full year, FY25 printed $0.2 B (−26.1%), and the 4-year compound rate is −10.1%.
Pace comparison, last four quarters: profit −23.1% vs revenue −3.8%. Profit is growing slower than sales — costs are eating the growth before it reaches the bottom line.
→ Profit rose — but did the cash follow? Next: 216% of the last 3 years' profit arrived as cash.
Cash flow — the router The P&L says what was earned; the cash-flow statement says what actually arrived. Operating cash flow (CFO) against profit is the cleanest lie detector in the accounts.
Over the last 3 fiscal years 216% of United Parks & Resorts Inc.'s reported profit arrived as operating cash — the cash follows the profit. In FY25 that was $0.4 B of operating cash against $0.2 B of profit. After $0.2 B of capital spending, $0.2 B was left as free cash.
FY25: operating cash of $0.4 B against reported profit of $0.2 B, leaving free cash of $0.2 B after $0.2 B of capital spending. Across the last 3 fiscal years the conversion rate is 216% of profit.
Cash-flow readings here are annual — that is the resolution our series carries, so this section moves once a year.
Why: conversion is measured cleanly, but the working-capital day-counts behind it sit below what we hold — the move is shown without inventing its driver.
Router verdict: the visible cash user is investment — the next section checks what the spending is buying.
→ So follow the cash to where it goes. Next: $1.0 B of building over 3 years.
Where the cash goes Working capital is the cash tied up between paying suppliers and getting paid: debtor days (customers owe), inventory days (stock waits), and the cash conversion cycle (the whole loop, in days of sales).
United Parks & Resorts Inc. does not report the debtor, inventory and payable day-counts a cash cycle is built from, so this section reads the investment side instead. Capital spending ran $1.0 B over the last 3 years. Averaged over those years that is 20.1% of FY25 revenue a year.
Working-capital day-counts are not in our numbers for this stock, so this section reads the investment side — where the cash is being put to work.
On the investment side: capital spending of $1.0 B over the last 3 fiscal years.
The synthesis: the cash is going into capacity, not disappearing into the cycle — the question becomes whether the new capacity earns.
→ Does all this activity actually earn its cost of capital? Next: ROE is null% and the ROIC − WACC spread is +5.0 pp.
Return on equity Return on equity (ROE) is the profit the business earns on its shareholders’ money. With the full capital-employed split not in our numbers, ROE is the cleanest long ladder we can draw here.
United Parks & Resorts Inc. earns a ROE of −39% in FY25. That is up from a trough of −867% in FY21. Return on invested capital clears the cost of that capital by +5.0 percentage points, so growth here adds value rather than only size. The wiring behind it is 10.2% net margin on 0.63× asset turns.
FY25 ROE is −39%, recovered from a FY21 trough of −867% — the full ladder below shows the fall and the climb, undoctored.
Why the return is what it is — the wiring (FY25): 10.2% net margin × 0.63× asset turns × −5.95× balance-sheet leverage ≈ −38.2% on equity. Margin does its share; leverage is modest — this is an earned return, not a borrowed one.
The capstone test — ROIC − WACC: 12.2% − 7.2% = a +5.0 pp spread. The 7.2% is an estimate of this company's own cost of capital — read the sign and the size of the spread, not the decimals. Positive but thin — value creation with little room for error.
→ Returns like these — is the balance sheet borrowing to make them? Next: debt-to-equity is not in our numbers.
Dividend
United Parks & Resorts Inc. pays no dividend. Across the last 12 reported quarters it has declared no dividend per share, so there is no payout history to chart and no yield to quote. Companies at this stage typically reinvest earnings rather than distribute them, which makes the cash-flow and reinvestment sections the place that cash shows up.
United Parks & Resorts Inc. does not currently pay a dividend. Across the last 12 reported quarters the company has declared no dividend per share, so there is no payout history to chart and no yield to quote. Companies at this stage typically reinvest earnings instead of distributing them.
→ No payout to follow. The cash question becomes what the business does with what it earns instead.
Debt Debt-to-equity says how much of the business is funded by borrowings. Low is the safe corner; the trend matters as much as the level.
United Parks & Resorts Inc.'s net worth is negative — it owes more than it owns — so a debt-to-equity ratio is not meaningful here. On the annual view that ratio went from −74.67 in FY21 to −5.34 in FY25. The returns elsewhere on this page are therefore earned rather than borrowed.
Mar 26: total debt of $2.4 B against shareholder equity of $−0.6 B — a debt-to-equity of −4.27. On the annual view, debt-to-equity went from −74.67 (FY21) to −5.34 (FY25). The returns on this page are earned, not borrowed.
→ Who owns this, and are they adding or leaving? Next: short interest is 29.7% of the float.
Ownership There is no quarter-by-quarter holder register to read here, so we read the crowd through short interest — the slice of tradable shares currently sold short, positioned for a fall.
29.7% of United Parks & Resorts Inc.'s tradable float is currently sold short — a large bloc is positioned against it. At typical trading volumes those positions would take about 7.1 days to buy back. There is no quarter-by-quarter holder register to read for this filer, so the crowd is read through short interest instead.
The latest reading: 29.7% of the float is sold short, and at typical trading volumes it would take about 7.1 days to buy those positions back. A large bloc is positioned against it. This is a single point-in-time reading — we do not yet hold its history, so we show no trend chart.
Why it sits there: who is doing the shorting, and why, does not travel with the number — the level is shown without inventing its story.
→ One last check: does the safety math agree? Next: the balance-sheet safety line.
Safety line The Z-score estimates how far a company sits from balance-sheet distress — above roughly 3 is safe, below roughly 1.8 is the danger zone. It was built for manufacturers, so it is not applied to banks and lenders.
United Parks & Resorts Inc.: the Z-score reads 1.85. A Z-score above roughly 3 reads as safe and below roughly 1.8 as the distress zone, so this sits in the grey band between the two. It is a distance-to-distress estimate from the balance sheet, not a forecast of failure.
Why it matters: a Z-score of 1.85 sits in the grey band — neither clearly safe nor clearly distressed.
The safety line in one sentence: the Z-score reads 1.85.
| Company | P/E | Mkt cap | Revenue | EPS | ROCE | Stage |
|---|---|---|---|---|---|---|
| United Parks & Resorts Inc. this page | 16.8× | $2B | Deteriorating | |||
| Amer Sports, Inc. | 44.3× | $21B | No read | |||
| Hasbro, Inc. | 17.2× | $14B | No read | |||
| Life Time Group Holdings, Inc. | 26.7× | $10B | Mixed | |||
| Acushnet Holdings Corp. | 36.5× | $6B | Topping out | |||
| Mattel, Inc. | 9.8× | $4B | Topping out | |||
| Planet Fitness, Inc. | 20.2× | $4B | Mixed | |||
| YETI Holdings, Inc. | 26.1× | $4B | Mixed | |||
| Callaway Golf Company | 66.7× | $3B | Deteriorating | |||
| Peloton Interactive, Inc. | 128.8× | $3B | No read | |||
| OneSpaWorld Holdings Limited | 37.0× | $3B | Mixed | |||
| Six Flags Entertainment Corporation | — | $2B | No read | |||
| Lucky Strike Entertainment Corporation | — | $1B | No read | |||
| Tron Inc. | 48.0× | $1B | No read | |||
| Johnson Outdoors Inc. | — | $0B | Mixed | |||
| Funko, Inc. | — | $0B | No read | |||
| Xponential Fitness, Inc. | — | $0B | No read | |||
| JAKKS Pacific, Inc. | 19.6× | $0B | Deteriorating | |||
| Escalade, Incorporated | 17.8× | $0B | Mixed | |||
| American Outdoor Brands, Inc. | — | $0B | No read | |||
| Playboy, Inc. | — | $0B | No read | |||
| Clarus Corporation | — | $0B | No read | |||
| Here Group Limited | — | $0B | No read |
Frequently asked questions
What is United Parks & Resorts Inc.'s stock price today?
United Parks & Resorts Inc. trades at $47.0, −8.4% over the past year. The company is valued at $2.0 B. The stock sits at 68% of its 52-week range of $30–$55, +21.2% versus its 200-day average. On the tape, the price is topping out, 9 weeks in. — as of 29 July 2026.
What were United Parks & Resorts Inc.'s latest quarterly results?
United Parks & Resorts Inc. reported revenue of $0.3 B and a net loss of $0.0 B for the Mar 26 quarter. Earnings per share were $−0.69. The operating margin was −3.6%, 10.5 pp lower than a year earlier. — as of 29 July 2026.
What is United Parks & Resorts Inc.'s revenue?
United Parks & Resorts Inc. reported revenue of $0.3 B in the Mar 26 quarter, −3.4% year on year. For the full FY25 fiscal year, revenue was $1.7 B (−4.0%). Over the last 4 years revenue compounded at 2.6% a year. — as of 29 July 2026.
What is United Parks & Resorts Inc.'s profit?
United Parks & Resorts Inc. earned $−0.0 B of net profit in the Mar 26 quarter. Full-year FY25 profit was $0.2 B. The operating margin ran −3.6% in the latest quarter. — as of 29 July 2026.
What is United Parks & Resorts Inc.'s market cap?
United Parks & Resorts Inc.'s market capitalisation is $2.0 B at a stock price of $47.0. Market cap is the share price multiplied by shares outstanding, so it is restated whenever the price moves. — as of 29 July 2026.
What is United Parks & Resorts Inc.'s P/E ratio?
United Parks & Resorts Inc. trades at a P/E of 16.8×, at the 94th percentile of its own 4-year range, against a long-run median of 13.5×. This is a comparison with the stock's own history, not a value call — as of 29 July 2026.
Does United Parks & Resorts Inc. pay a dividend?
No — United Parks & Resorts Inc. has declared no dividend per share in any of its last 12 reported quarters, so there is no payout history and no yield to quote. That is a reading of the filed statements, not an estimate. — as of 29 July 2026.
Is United Parks & Resorts Inc. overvalued?
On its own history, United Parks & Resorts Inc. looks expensive against its own history: its P/E of 16.8× sits at the 94th percentile of its 4-year range (long-run median 13.5×). That is a percentile read against the stock's own past, not a price opinion or a direction call. — as of 29 July 2026.
How is United Parks & Resorts Inc. performing?
United Parks & Resorts Inc. is topping out, 9 weeks in. Against the S&P 500 it has been ahead on a trailing-13-week view for 10 weeks. This describes what the data did, not a rating. — as of 29 July 2026.
What stage is United Parks & Resorts Inc. in?
Deteriorating — revenue, profit and EPS growth are shrinking (revenue growth −4.1% latest against +5.4% at its 12-quarter best). The read comes from the last 12 quarters of growth (revenue growth −4.1% latest, profit growth −27.3% latest, eps growth −29.3% latest) plus the ROCE curve, classified by deterministic rules — a trajectory read, not a buy or sell call — as of 29 July 2026.
Is United Parks & Resorts Inc. in an uptrend?
It is stalling — the price is topping out (week 9 of stage 3), trading +21.2% versus its 200-day average and at 68% of its 52-week range. Price stages cycle base → advance → top → decline, and the stage names where this stock sits in that cycle — as of 29 July 2026.
Is United Parks & Resorts Inc. beating the market?
On recent form, yes — United Parks & Resorts Inc. has been ahead of the S&P 500 on a trailing-13-week view for 10 straight weeks, the same metric the week-by-week ribbon on this page draws. Separately, on the cumulative view: over the last 10.1 years the stock moved +224% against the S&P 500's +248% — behind the index over the full window. — as of 29 July 2026.
Will United Parks & Resorts Inc.'s stock price go up?
This page publishes no price forecast for United Parks & Resorts Inc. What it measures instead: the stock price is $47.0, the price is topping out 9 weeks in. Its P/E of 16.8× sits at the 94th percentile of its own 4-year range. — as of 29 July 2026.
Is the market betting against United Parks & Resorts Inc.?
Yes — short interest is 29.7% of United Parks & Resorts Inc.'s tradable float, about 7.1 days to cover at typical volumes. A crowded short: a large bloc is positioned against it. With no quarter-by-quarter holder register here, short interest is the cleanest crowd read we hold — as of 29 July 2026.
What is United Parks & Resorts Inc.'s capex?
United Parks & Resorts Inc. spent $1.0 B on capital expenditure over the last 3 fiscal years, a figure derived from the change in fixed assets plus depreciation. In FY25 alone that was $0.2 B. — as of 29 July 2026.
What is United Parks & Resorts Inc.'s cash flow?
United Parks & Resorts Inc. generated $0.4 B of operating cash flow in FY25 and $0.2 B of free cash flow after $0.2 B of capital spending. Reported profit that year was $0.2 B, so operating cash ran ahead of profit. — as of 29 July 2026.
Is United Parks & Resorts Inc.'s profit real cash?
Yes — over the last 3 fiscal years, 216% of United Parks & Resorts Inc.'s reported profit arrived as operating cash. In FY25, operating cash was $0.4 B against reported profit of $0.2 B. The cash then goes mostly into building capacity. Cash-flow resolution is annual — as of 29 July 2026.
How financially safe is United Parks & Resorts Inc.?
On the balance sheet, the Z-score reads 1.85 — above roughly 3 is safe, below roughly 1.8 is the distress zone. That is in the grey band — neither clearly safe nor clearly distressed. — as of 29 July 2026.
Where is United Parks & Resorts Inc. in its business cycle?
United Parks & Resorts Inc.'s FY25 operating margin was 22.3%, against a 5-year band of 22.3%–29.5%: the low end of its own band, which is where recoveries start when they come. The latest quarter ran −3.6%. Profitability versus a company's own long band is the cleanest cycle clock this page holds — as of 29 July 2026.
What could break the United Parks & Resorts Inc. story?
Biggest watch item: the P/E sits at the 94th percentile of its own range — the multiple has already done part of the work. Mechanically, two Friday closes in a row below the 200-day average would end the price trend — that is the exit rule this page tracks — as of 29 July 2026.
Is United Parks & Resorts Inc. a stock worth studying right now?
This is not investment advice. The machine read: United Parks & Resorts Inc.'s balance sheet is under water — net worth is negative, so it owes more than it owns. This is a distressed, high-risk situation — the equity can be wiped by dilution or restructuring before operations recover. Not a value setup. The sharpest open question: whether the business can earn its way back to positive equity before dilution or restructuring gets there first. Every number on this page is drawn deterministically from the raw series, with no forecasts and no price opinions — as of 29 July 2026.