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Side-by-side financial comparison of Six Flags Entertainment Corporation (FUN) and Mueller Water Products, Inc. (MWA). Click either name above to swap in a different company.

Mueller Water Products, Inc. is the larger business by last-quarter revenue ($318.2M vs $225.6M, roughly 1.4× Six Flags Entertainment Corporation). Mueller Water Products, Inc. runs the higher net margin — 13.6% vs -119.0%, a 132.6% gap on every dollar of revenue. On growth, Six Flags Entertainment Corporation posted the faster year-over-year revenue change (11.7% vs 4.6%).

Six Flags, officially Six Flags Entertainment Corporation, is an American amusement park company headquartered in Charlotte, North Carolina, United States. The company has 42 locations in its portfolio, including 27 amusement parks and 15 water parks, with nine on-site resort properties. Formed on July 1, 2024, following a merger of equals between longtime competitors Cedar Fair and the former Six Flags company, it is the largest regional amusement park operator in the world. Upon completion ...

Mueller Water Products, Inc. (MWP) is a publicly traded company headquartered in Atlanta, Georgia. It is one of the largest manufacturers and distributors of fire hydrants, gate valves, and other water infrastructure products in North America. MWP is made up of two business units—Mueller Co. and Mueller Technologies—that oversee more than a dozen brands and affiliates, including Echologics and Mueller Systems.

FUN vs MWA — Head-to-Head

Bigger by revenue
MWA
MWA
1.4× larger
MWA
$318.2M
$225.6M
FUN
Growing faster (revenue YoY)
FUN
FUN
+7.1% gap
FUN
11.7%
4.6%
MWA
Higher net margin
MWA
MWA
132.6% more per $
MWA
13.6%
-119.0%
FUN

Income Statement — Q1 FY2026 vs Q1 FY2026

Metric
FUN
FUN
MWA
MWA
Revenue
$225.6M
$318.2M
Net Profit
$-268.6M
$43.2M
Gross Margin
37.6%
Operating Margin
17.8%
Net Margin
-119.0%
13.6%
Revenue YoY
11.7%
4.6%
Net Profit YoY
-22.2%
22.4%
EPS (diluted)
$0.27

Green = leading value per metric. Periods may differ when fiscal calendars don't align.

8-Quarter Revenue & Profit Trend

Side-by-side quarterly history. Quarters aligned by calendar period so offset fiscal years line up.

Revenue
FUN
FUN
MWA
MWA
Q1 26
$225.6M
Q4 25
$650.1M
$318.2M
Q3 25
$1.3B
$380.8M
Q2 25
$930.4M
$380.3M
Q1 25
$202.1M
$364.3M
Q4 24
$304.3M
Q3 24
$1.3B
$348.2M
Q2 24
$571.6M
$356.7M
Net Profit
FUN
FUN
MWA
MWA
Q1 26
$-268.6M
Q4 25
$-92.4M
$43.2M
Q3 25
$-1.2B
$52.6M
Q2 25
$-99.6M
$52.5M
Q1 25
$-219.7M
$51.3M
Q4 24
$35.3M
Q3 24
$111.0M
$10.0M
Q2 24
$55.6M
$47.3M
Gross Margin
FUN
FUN
MWA
MWA
Q1 26
Q4 25
91.4%
37.6%
Q3 25
91.6%
36.8%
Q2 25
91.3%
38.3%
Q1 25
89.3%
35.1%
Q4 24
33.8%
Q3 24
91.9%
31.8%
Q2 24
90.7%
36.8%
Operating Margin
FUN
FUN
MWA
MWA
Q1 26
Q4 25
-3.8%
17.8%
Q3 25
-83.7%
18.3%
Q2 25
8.0%
19.4%
Q1 25
-158.9%
19.2%
Q4 24
15.6%
Q3 24
19.5%
8.2%
Q2 24
21.6%
18.8%
Net Margin
FUN
FUN
MWA
MWA
Q1 26
-119.0%
Q4 25
-14.2%
13.6%
Q3 25
-90.1%
13.8%
Q2 25
-10.7%
13.8%
Q1 25
-108.7%
14.1%
Q4 24
11.6%
Q3 24
8.2%
2.9%
Q2 24
9.7%
13.3%
EPS (diluted)
FUN
FUN
MWA
MWA
Q1 26
Q4 25
$-0.93
$0.27
Q3 25
$-11.77
$0.34
Q2 25
$-0.99
$0.33
Q1 25
$-2.20
$0.33
Q4 24
$0.22
Q3 24
$1.10
$0.07
Q2 24
$0.30

Balance Sheet & Financial Strength

Snapshot of each company's liquidity, leverage and book value from the latest quarter.

Metric
FUN
FUN
MWA
MWA
Cash + ST InvestmentsLiquidity on hand
$116.5M
Total DebtLower is stronger
Stockholders' EquityBook value
$279.2M
$1.0B
Total Assets
$7.7B
$1.8B
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
FUN
FUN
MWA
MWA
Q1 26
$116.5M
Q4 25
$91.1M
Q3 25
$70.7M
Q2 25
$107.4M
Q1 25
$61.5M
Q4 24
Q3 24
$89.7M
Q2 24
$52.9M
Total Debt
FUN
FUN
MWA
MWA
Q1 26
Q4 25
$5.2B
Q3 25
$5.0B
Q2 25
$5.3B
Q1 25
$5.0B
Q4 24
Q3 24
$4.6B
Q2 24
$2.3B
Stockholders' Equity
FUN
FUN
MWA
MWA
Q1 26
$279.2M
Q4 25
$549.8M
$1.0B
Q3 25
$614.3M
$981.7M
Q2 25
$1.8B
$929.0M
Q1 25
$1.8B
$873.6M
Q4 24
$834.1M
Q3 24
$2.3B
$810.1M
Q2 24
$791.6M
Total Assets
FUN
FUN
MWA
MWA
Q1 26
$7.7B
Q4 25
$7.8B
$1.8B
Q3 25
$7.9B
$1.8B
Q2 25
$9.5B
$1.7B
Q1 25
$9.2B
$1.7B
Q4 24
$1.6B
Q3 24
$9.4B
$1.6B
Q2 24
$2.3B
$1.6B
Debt / Equity
FUN
FUN
MWA
MWA
Q1 26
Q4 25
9.40×
Q3 25
8.16×
Q2 25
2.97×
Q1 25
2.75×
Q4 24
Q3 24
1.95×
Q2 24

Cash Flow & Capital Efficiency

How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.

Metric
FUN
FUN
MWA
MWA
Operating Cash FlowLast quarter
$61.2M
Free Cash FlowOCF − Capex
$44.0M
FCF MarginFCF / Revenue
13.8%
Capex IntensityCapex / Revenue
5.4%
Cash ConversionOCF / Net Profit
1.42×
TTM Free Cash FlowTrailing 4 quarters
$173.8M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
FUN
FUN
MWA
MWA
Q1 26
Q4 25
$-37.7M
$61.2M
Q3 25
$356.2M
$83.5M
Q2 25
$187.0M
$67.4M
Q1 25
$-178.0M
$14.3M
Q4 24
$54.1M
Q3 24
$337.4M
$89.3M
Q2 24
$87.3M
Free Cash Flow
FUN
FUN
MWA
MWA
Q1 26
Q4 25
$-109.3M
$44.0M
Q3 25
$256.2M
$69.0M
Q2 25
$18.8M
$55.7M
Q1 25
$-318.0M
$5.1M
Q4 24
$42.2M
Q3 24
$227.7M
$69.9M
Q2 24
$75.1M
FCF Margin
FUN
FUN
MWA
MWA
Q1 26
Q4 25
-16.8%
13.8%
Q3 25
19.4%
18.1%
Q2 25
2.0%
14.6%
Q1 25
-157.4%
1.4%
Q4 24
13.9%
Q3 24
16.9%
20.1%
Q2 24
21.1%
Capex Intensity
FUN
FUN
MWA
MWA
Q1 26
Q4 25
11.0%
5.4%
Q3 25
7.6%
3.8%
Q2 25
18.1%
3.1%
Q1 25
69.3%
2.5%
Q4 24
3.9%
Q3 24
8.1%
5.6%
Q2 24
3.4%
Cash Conversion
FUN
FUN
MWA
MWA
Q1 26
Q4 25
1.42×
Q3 25
1.59×
Q2 25
1.28×
Q1 25
0.28×
Q4 24
1.53×
Q3 24
3.04×
8.93×
Q2 24
1.85×

Financial Flow Comparison

Revenue → gross profit → operating profit → net profit for each company.

Revenue Breakdown by Segment

FUN
FUN

In-park admissions revenues$113.4M50%
In-park product revenues$89.0M39%
Out-of-park revenues$28.8M13%

MWA
MWA

Water Flow Solutions$173.0M54%
Water Management Solutions$145.2M46%

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