Sep 30, 2022

United Parks & Resorts Q3 2022 Earnings Report

Achieved record total revenue, net income, and Adjusted EBITDA.

Key Takeaways

SeaWorld Entertainment, Inc. reported a record third quarter with significant increases in total revenue, net income, and adjusted EBITDA compared to the previous year. Attendance also saw a slight increase. The company's revenue per capita also increased.

Attendance was 7.3 million guests, an increase of 0.1 million guests or 1.5% from the third quarter of 2021.

Total revenue was a record of $565.2 million, an increase of $44.0 million or 8.4% from the third quarter of 2021.

Net income was a record of $134.6 million, an increase of $32.5 million or 31.8% from the third quarter of 2021.

Total revenue per capita increased 6.8% to a record $77.05 from the third quarter of 2021.

Total Revenue
$565M
Previous year: $521M
+8.4%
EPS
$1.99
Previous year: $1.96
+1.5%
Attendance
7.3M
Total revenue per capita
$77.1
Previous year: $72.1
+6.8%
Admission per capita
$42.8
Previous year: $41.1
+4.1%
Gross Profit
$271M
Previous year: $252M
+7.5%
Cash and Equivalents
$110M
Previous year: $554M
-80.2%
Free Cash Flow
$120M
Previous year: $140M
-14.4%
Total Assets
$2.36B
Previous year: $2.71B
-13.1%

United Parks & Resorts

United Parks & Resorts