The results of RealRate’s 2024 ranking for the U.S. Recreation Industry are ranked by financial strength.
The Top 10 Companies from U.S. recreation industry are as follows:
Source : https://realrate.ai/ranking-area/2024-us-recreation/
The first 8 companies, as shown in the figure above, have been rated as top-rated companies in the U.S. recreation industry for 2024.
The top-rated badge can only be achieved by the companies that have attained an exceptional performance, as validated by RealRate’s expalinable expert AI. This financial rating is representative to the company’s transparency, performance, financial health and all other key metrics.
The rating provides a clear and explainable answer of how the company achieved the top-rated badge, which can increase creditability, build customers’ trust, and gain a competitive advantage. This highly-regarded badge is an effective tool to demonstrate the company’s exceptional performance and reliability of the business.
The top 3 U.S. recreation companies are as follows:
Source : https://realrate.ai/ranking-area/2024-us-recreation/
The top 3 companies in the U.S. recreation industry are in the following order : Table TRAC INC, Cedar FAIR L P And Sphere Entertainment Co.
They had Economic Capital Ratio figures of 309.74%, 275.28%, and 260.63% respectively.
The biggest strength of Table TRAC INC comes from ‘other revenues’ which is significantly higher than the industry average, increasing its economic capital ratio by 252%. The company achieved a remarkable milestone in the year of 2024, achieving 1st place, rising from 2nd position in last year 2023.
For the 2nd top-rated company, Cedar FAIR L P thrived on ‘other revenues’ which was far above from the industrty average. Also, the company’s Stockholders Equity can also be considered as another strength, increasing the Economic Capital Ratio by 120%. Cedar FAIR L P has managed to achieve the top rated badge for 2 years in a row, 2024 and 2023.
For Sphere Entertainment Co. Their strength comes from the ‘expenses’, which was significantly doing better than most of the companies in the industry. Their ‘other net income’ was also higher than the industry average. Due to these factors, the company successfully climbed up to the 3rd place in 2024 from the 8th place in 2023.
The U.S. recreation industry is a broad sector that includes outdoor activities, sports, leisure travel, fitness, and entertainment. It is a major contributor to the economy, generating billions of dollars in revenue and supporting millions of jobs. The U.S. recreation industry is a major economic driver, contributing significantly to national revenue and GDP. The outdoor recreation sector alone generates $1.2 trillion in economic output, which marks a 5% increase from 2022. It also supports 5 million jobs, accounting for 3.1% of total U.S. employment.
RealRate provides a financial rating system that is designed for absolute independence, transparency, reliability and fairness.
We calculate the Economic Capital Ratio figure using our in-depth expert knowledge and cutting-edge AI technology. They are unbiased and also capable of explaining the rating outcomes without any conflicts of interest.
