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Dec 31, 2024
United Parks & Resorts Q4 2024 Earnings Report
Reported a decrease in attendance and revenue, but an increase in total revenue per capita.
Key Takeaways
United Parks & Resorts Inc. reported a decrease in both attendance and total revenue for the fourth quarter of 2024. Despite the decrease in attendance, total revenue per capita increased due to higher in-park spending.
Attendance was 4.9 million guests, a decrease of approximately 79,000 guests from the fourth quarter of 2023.
Total revenue was $384.4 million, a decrease of $4.6 million or 1.2% from the fourth quarter of 2023.
Net income was $27.9 million, a decrease of $12.2 million from the fourth quarter of 2023.
Total revenue per capita increased 0.4% to $78.75 from the fourth quarter of 2023.
Revenue by Segment
Forward Guidance
Assuming no worse weather than we experienced in 2024, we expect meaningful growth and new records in revenue and Adjusted EBITDA in 2025.
Positive Outlook
- Meaningful investments have been made across our parks and business.
- An incredible line-up of new, one-of-a kind rides and attractions.
- Popular events.
- Improved in park venues and offerings across our parks.
- Pleased with our overall 2025 booking trends and are particularly happy to see our 2025 international sales growth up mid-single digits and our 2025 group bookings growth up double digits.
Historical Earnings Impact
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Avg. Return Before/After Earnings
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