Six Flags Stock Drops After Fatal Roller Coaster Incident in Georgia

Six Flags shares fell 11% after a guest died in a fall from the Goliath coaster at Six Flags Over Georgia. The company closed similar rides during Halloween season, a period that contributes significant revenue, and faces open-ended legal and attendance costs. Six Flags ended fiscal 2025 with net debt at 6.9 times EBITDA, leaving limited financial cushion.

Six Flags stock slid 11% after a visitor died in a fall from Goliath at the Georgia park Monday. Police said several others were hurt, and the county's major-crimes team is investigating. Comparable coasters at other company parks are shut for now. Shares had risen 4.5% Monday before reports emerged after the close; they now sit near a 52-week low.

Halloween matters financially: the quarter containing October generated $650 million in fiscal 2025, about one-fifth of $3.10 billion annual revenue. Analysts already expected a decline and no return to 2025 levels until 2028. Six Flags also carries a 6.9-times-EBITDA leverage ratio, up from 4.1 times in 2022, and faces existing coaster litigation. Third-quarter results are due Nov. 5.