United Parks & Resorts Inc. (PRKS) Stock

United Parks & Resorts Inc. (PRKS) is a Communication Services stock trading at $44.85 (as of 2026-08-20), with a market capitalization of $2.03B and a trailing P/E of 24.1. Figures are sourced from first-party U.S. SEC EDGAR filings and market data.

United Parks & Resorts Inc., through its subsidiaries, operates theme parks and related water attractions in the United States, including SeaWorld parks in Orlando, San Antonio, and San Diego, and Busch Gardens parks in Tampa and Williamsburg. It also runs water parks and additional parks, serving guests at its properties under the SeaWorld, Busch Gardens, Aquatica, Discovery Cove, Water Country USA, Adventure Island, and Sesame Place brands.

Understand United Parks & Resorts Inc.: how it makes money

United Parks & Resorts operates SeaWorld and Busch Gardens theme parks, plus related water attractions and a reservations-only theme park, and it makes money primarily by selling admission and generating in-park guest spending.

Profitability is primarily driven by attendance (guests) and guest spending per visit, with attendance influenced by weather-related reductions and international visitation declines, and spending supported by a long streak of in-park per-capita spending growth and high mobile ordering penetration.

Business quality (Weak): The latest quarter shows negative operating margin (-3.1%) on revenue of about $0.3B, but the provided facts do not include gross margin or a clean, official segment revenue breakdown, limiting visibility into what is driving profit.

Valuation: At 18× earnings, PRKS trades 67% below the Entertainment average (53×). Note: one-time items can distort reported P/E.

Bull case

  • Attendance base is large: The company reports 3,220,000 Attendance (Guests).
  • Mobile ordering is widely adopted: Mobile Ordering Penetration is 88%, which can support in-park spending behavior.
  • Per-capita spending trend appears durable: The Number of Quarters In Which In-Park Per Capita Spending Grew is 17.

Bear case

  • Operating profitability is currently weak: Operating margin is -3.1% in the latest quarter.
  • Attendance can be pressured by external factors: Weather-Related Attendance Reduction is 167,000 guests.
  • International demand headwinds exist: International Visitation Decline is 90,000 guests.
Valuation — source: SEC EDGAR (first-party)
Price$44.85
Market Cap$2.03B
P/E Ratio24.1
EV / EBITDA9.9
Price / Sales1.31
FCF Yield11.2%
DCF Value (model)$118.36
DCF Upside vs Price163.9%
Profitability & Growth — source: SEC EDGAR
Revenue (TTM)$1.66B
Net Margin10.1%
Revenue Growth (YoY)-3.6%
EPS Growth (YoY)-19.1%
FCF Growth (YoY)-29.8%
Financial Health — source: SEC EDGAR
Altman Z-Score1.91 (grey)
Valuation vs Sector & Industry
Stock P/E24.1
Sector P/E (Communication Services)24.4
Industry P/E (Entertainment)39.5
vs Sector-1.2%
vs Industry-39.0%
Smart-Money Activity — SEC Form 4 / 13F / Congressional disclosures
Top Institutional HolderHill Path Capital LP ($888.53M)
Institutional Holders Tracked10
Congressional Trades (recent)1
Company
SectorCommunication Services
IndustryEntertainment
CEOMarc G. Swanson
Employees3,300
CountryUS
IPO Date2013-04-19

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PRKS earnings history · PRKS institutional & insider holders · PRKS KPIs & operating metrics · PRKS financials · PRKS investor presentations & press releases · PRKS SEC filings · PRKS peers · Congress trades · Insider trades · Short interest · Stock screener

Data as of 2026-08-20.

Figures sourced from U.S. Securities and Exchange Commission (SEC EDGAR) filings and market data. Not personalized investment advice.