TKO
TKO Group Holdings, Inc.
Entertainment
Market Cap$36.50B
5Y Perf.+305.3%
Compare Stocks
4 / 10Try these comparisons:
Stock Comparison
TKO vs FWONK vs LYV vs MSGS
Revenue, margins, valuation, and 5-year total return — side by side.
FWONK
Formula One Group
Entertainment
Market Cap$20.83B
5Y Perf.+174.4%
LYV
Live Nation Entertainment, Inc.
Entertainment
Market Cap$38.65B
5Y Perf.+238.3%
MSGS
Madison Square Garden Sports Corp.
Entertainment
Market Cap$8.00B
5Y Perf.+94.9%
TKO vs FWONK vs LYV vs MSGS — Key Financials
Market cap, revenue, margins, and valuation side-by-side.
| Company Snapshot | TKO | FWONK | LYV | MSGS |
|---|---|---|---|---|
| Industry | Entertainment | Entertainment | Entertainment | Entertainment |
| Market Cap | $36.50B | $20.83B | $38.65B | $8.00B |
| Revenue (TTM) | $5.06B | $1.02B | $25.61B | $1.07B |
| Net Income (TTM) | $385M | $449M | $84M | $-17M |
| Gross Margin | 34.5% | -18.4% | 40.3% | 25.9% |
| Operating Margin | 20.0% | -3.4% | 3.4% | 0.4% |
| Forward P/E | 38.1x | 57.5x | 115.8x | — |
| Total Debt | $4.06B | $0.00 | $12.44B | $1.18B |
| Cash & Equiv. | $831M | $1.05B | $7.11B | $153M |
TKO vs FWONK vs LYV vs MSGS — Long-Term Stock Performance
Price return indexed to 100 at period start. Dividends excluded.
TKO
FWONK
LYV
MSGS
| Stock | May 20 | May 26 | Return |
|---|---|---|---|
| TKO Group Holdings,… (TKO) | 100 | 405.3 | +305.3% |
| Formula One Group (FWONK) | 100 | 274.4 | +174.4% |
| Live Nation Enterta… (LYV) | 100 | 338.3 | +238.3% |
| Madison Square Gard… (MSGS) | 100 | 194.9 | +94.9% |
Price return only. Dividends and distributions are not included.
Quick Verdict: TKO vs FWONK vs LYV vs MSGS
Each card shows where this stock fits in a portfolio — not just who wins on paper.
Bottom line: TKO and FWONK are tied at the top with 3 categories each — the right choice depends on your priorities. Formula One Group is the stronger pick specifically for profitability and margin quality and capital preservation and lower volatility. MSGS also leads in specific categories worth noting. As sector peers, any of these can serve as alternatives in the same allocation.
TKO
TKO Group Holdings, Inc.
The Income Pick
TKO carries the broadest edge in this set and is the clearest fit for income & stability and growth exposure.
- Dividend streak 1 yrs, beta 0.64, yield 1.8%
- Rev growth 68.9%, EPS growth 40.3%, 3Y rev CAGR 60.7%
- 10.6% 10Y total return vs LYV's 6.2%
- Lower volatility, beta 0.64, Low D/E 43.9%, current ratio 1.26x
Best for: income & stability and growth exposure
FWONK
Formula One Group
The Quality Compounder
FWONK is the #2 pick in this set and the best alternative if quality and stability is your priority.
- 43.8% margin vs MSGS's -1.5%
- Beta 0.35 vs LYV's 0.80
- 42.6% ROA vs MSGS's -1.1%
Best for: quality and stability
LYV
Live Nation Entertainment, Inc.
The Secondary Option
LYV lags the leaders in this set but could rank higher in a more targeted comparison.
Best for: communication services exposure
MSGS
Madison Square Garden Sports Corp.
The Momentum Pick
MSGS is the clearest fit if your priority is momentum.
- +74.7% vs FWONK's -0.1%
Best for: momentum
See the full category breakdown
| Category | Winner | Why |
|---|---|---|
| Growth | TKO | 68.9% revenue growth vs FWONK's -100.0% |
| Value | TKO | Better valuation composite |
| Quality / Margins | FWONK | 43.8% margin vs MSGS's -1.5% |
| Stability / Safety | FWONK | Beta 0.35 vs LYV's 0.80 |
| Dividends | TKO | 1.8% yield; 1-year raise streak; the other 3 pay no meaningful dividend |
| Momentum (1Y) | MSGS | +74.7% vs FWONK's -0.1% |
| Efficiency (ROA) | FWONK | 42.6% ROA vs MSGS's -1.1% |
TKO vs FWONK vs LYV vs MSGS — Revenue Breakdown by Segment
How each company's revenue is distributed across its business units
Segment breakdown not available.
FY 2024
FY 2025
FY 2025
TKO vs FWONK vs LYV vs MSGS — Financial Metrics
Side-by-side numbers across 4 stocks — who leads on profitability, valuation, growth, and risk.
BEST OVERALLTKOLAGGINGMSGS
Who Leads Where
TKO leads in 2 of 6 categories
LYV leads 2 • FWONK leads 0 • MSGS leads 0 • 2 tied
Explore the data ↓MSGSMadison Square Garden…
0leads
FWONKFormula One Group
0leads
LYVLive Nation Entertain…
2leads
TKOTKO Group Holdings, I…
2leads
6 Total Categories
CATEGORYLEADERvs LYVvs FWONKMETRICS WON
Income & Cash FlowRevenue, margins, and cash flow strength
TKO3/6
Valuation MetricsMultiples, price ratios, and targets
LYV3/6
Profitability & EfficiencyROE, ROIC, leverage, and quality scores
LYV4/9
Total Returns1Y, 3Y, 5Y total returns with dividends
Tied
—
Risk & VolatilityBeta, volatility, and downside exposure
Tied
—
Analyst OutlookRatings, price targets, and dividends
TKO2/2
Income & Cash Flow (Last 12 Months)
TKO leads this category, winning 3 of 6 comparable metrics.
Income & Cash Flow (Last 12 Months)
LYV is the larger business by revenue, generating $25.6B annually — 25.0x FWONK's $1.0B. FWONK is the more profitable business, keeping 43.8% of every revenue dollar as net income compared to MSGS's -1.5%. On growth, TKO holds the edge at +25.9% YoY revenue growth, suggesting stronger near-term business momentum.
| Metric | TKOTKO Group Holding… | FWONKFormula One Group | LYVLive Nation Enter… | MSGSMadison Square Ga… |
|---|---|---|---|---|
| RevenueTrailing 12 months | $5.1B | $1.0B | $25.6B | $1.1B |
| EBITDAEarnings before interest/tax | $1.5B | $231M | $1.6B | $8M |
| Net IncomeAfter-tax profit | $385M | $449M | $84M | -$17M |
| Free Cash FlowCash after capex | $1.8B | $279M | $1.2B | $3M |
| Gross MarginGross profit ÷ Revenue | +34.5% | -18.4% | +40.3% | +25.9% |
| Operating MarginEBIT ÷ Revenue | +20.0% | -3.4% | +3.4% | +0.4% |
| Net MarginNet income ÷ Revenue | +7.6% | +43.8% | +0.3% | -1.5% |
| FCF MarginFCF ÷ Revenue | +35.0% | +27.3% | +4.8% | +0.3% |
| Rev. Growth (YoY)Latest quarter vs prior year | +25.9% | -2.6% | +12.1% | +12.8% |
| EPS Growth (YoY)Latest quarter vs prior year | +62.3% | +100.0% | -4.8% | +6.5% |
TKO leads this category, winning 3 of 6 comparable metrics.
Valuation Metrics
LYV leads this category, winning 3 of 6 comparable metrics.
Valuation Metrics
On an enterprise value basis, LYV's 19.9x EV/EBITDA is more attractive than MSGS's 501.2x.
| Metric | TKOTKO Group Holding… | FWONKFormula One Group | LYVLive Nation Enter… | MSGSMadison Square Ga… |
|---|---|---|---|---|
| Market CapShares × price | $36.5B | $20.8B | $38.6B | $8.0B |
| Enterprise ValueMkt cap + debt − cash | $39.7B | $19.8B | $44.0B | $9.0B |
| Trailing P/EPrice ÷ TTM EPS | 82.98x | — | -692.98x | -357.55x |
| Forward P/EPrice ÷ next-FY EPS est. | 38.12x | 57.49x | 115.80x | — |
| PEG RatioP/E ÷ EPS growth rate | 69.62x | — | — | — |
| EV / EBITDAEnterprise value multiple | 27.47x | — | 19.89x | 501.20x |
| Price / SalesMarket cap ÷ Revenue | 7.71x | — | 1.53x | 7.70x |
| Price / BookPrice ÷ Book value/share | 3.93x | — | 21.20x | — |
| Price / FCFMarket cap ÷ FCF | 31.50x | 22.94x | 115.84x | 90.96x |
LYV leads this category, winning 3 of 6 comparable metrics.
Profitability & Efficiency
LYV leads this category, winning 4 of 9 comparable metrics.
Profitability & Efficiency
LYV delivers a 4.4% return on equity — every $100 of shareholder capital generates $4 in annual profit, vs $4 for TKO. TKO carries lower financial leverage with a 0.44x debt-to-equity ratio, signaling a more conservative balance sheet compared to LYV's 6.84x. On the Piotroski fundamental quality scale (0–9), TKO scores 5/9 vs FWONK's 3/9, reflecting solid financial health.
| Metric | TKOTKO Group Holding… | FWONKFormula One Group | LYVLive Nation Enter… | MSGSMadison Square Ga… |
|---|---|---|---|---|
| ROE (TTM)Return on equity | +4.1% | — | +4.4% | — |
| ROA (TTM)Return on assets | +2.5% | +42.6% | +0.4% | -1.1% |
| ROICReturn on invested capital | +6.1% | — | +19.7% | +1.5% |
| ROCEReturn on capital employed | +7.5% | -0.5% | +13.4% | +1.5% |
| Piotroski ScoreFundamental quality 0–9 | 5 | 3 | 5 | 5 |
| Debt / EquityFinancial leverage | 0.44x | — | 6.84x | — |
| Net DebtTotal debt minus cash | $3.2B | -$1.1B | $5.3B | $1.0B |
| Cash & Equiv.Liquid assets | $831M | $1.1B | $7.1B | $153M |
| Total DebtShort + long-term debt | $4.1B | $0 | $12.4B | $1.2B |
| Interest CoverageEBIT ÷ Interest expense | 6.00x | 3.35x | 3.68x | 0.68x |
LYV leads this category, winning 4 of 9 comparable metrics.
Total Returns (Dividends Reinvested)
Evenly matched — TKO and LYV and MSGS each lead in 2 of 6 comparable metrics.
Total Returns (Dividends Reinvested)
A $10,000 investment in TKO five years ago would be worth $35,640 today (with dividends reinvested), compared to $18,446 for MSGS. Over the past 12 months, MSGS leads with a +74.7% total return vs FWONK's -0.1%. The 3-year compound annual growth rate (CAGR) favors LYV at 28.8% vs FWONK's 9.3% — a key indicator of consistent wealth creation.
| Metric | TKOTKO Group Holding… | FWONKFormula One Group | LYVLive Nation Enter… | MSGSMadison Square Ga… |
|---|---|---|---|---|
| YTD ReturnYear-to-date | -9.0% | -4.7% | +14.5% | +28.5% |
| 1-Year ReturnPast 12 months | +12.1% | -0.1% | +24.0% | +74.7% |
| 3-Year ReturnCumulative with dividends | +83.0% | +30.5% | +113.7% | +62.8% |
| 5-Year ReturnCumulative with dividends | +256.4% | +117.7% | +108.0% | +84.5% |
| 10-Year ReturnCumulative with dividends | +1060.3% | +418.1% | +622.5% | +321.1% |
| CAGR (3Y)Annualised 3-year return | +22.3% | +9.3% | +28.8% | +17.6% |
Evenly matched — TKO and LYV and MSGS each lead in 2 of 6 comparable metrics.
Risk & Volatility
Evenly matched — FWONK and MSGS each lead in 1 of 2 comparable metrics.
Risk & Volatility
FWONK is the less volatile stock with a 0.35 beta — it tends to amplify market swings less than LYV's 0.80 beta. A beta below 1.0 means the stock typically moves less than the S&P 500. MSGS currently trades 96.2% from its 52-week high vs TKO's 82.6% drawdown — a narrower gap to the peak suggests stronger recent price momentum.
| Metric | TKOTKO Group Holding… | FWONKFormula One Group | LYVLive Nation Enter… | MSGSMadison Square Ga… |
|---|---|---|---|---|
| Beta (5Y)Sensitivity to S&P 500 | 0.64x | 0.35x | 0.80x | 0.61x |
| 52-Week HighHighest price in past year | $226.94 | $109.36 | $175.25 | $345.50 |
| 52-Week LowLowest price in past year | $152.29 | $80.15 | $125.34 | $186.00 |
| % of 52W HighCurrent price vs 52-week peak | +82.6% | +85.5% | +94.9% | +96.2% |
| RSI (14)Momentum oscillator 0–100 | 50.5 | 54.6 | 63.6 | 54.4 |
| Avg Volume (50D)Average daily shares traded | 1.3M | 2.1M | 2.8M | 223K |
Evenly matched — FWONK and MSGS each lead in 1 of 2 comparable metrics.
Analyst Outlook
TKO leads this category, winning 2 of 2 comparable metrics.
Analyst Outlook
Analyst consensus: TKO as "Buy", FWONK as "Buy", LYV as "Buy", MSGS as "Buy". Consensus price targets imply 26.2% upside for TKO (target: $237) vs 8.8% for LYV (target: $181). TKO is the only dividend payer here at 1.76% yield — a key consideration for income-focused portfolios.
| Metric | TKOTKO Group Holding… | FWONKFormula One Group | LYVLive Nation Enter… | MSGSMadison Square Ga… |
|---|---|---|---|---|
| Analyst RatingConsensus buy/hold/sell | Buy | Buy | Buy | Buy |
| Price TargetConsensus 12-month target | $236.67 | $116.33 | $181.00 | $363.67 |
| # AnalystsCovering analysts | 19 | 24 | 44 | 29 |
| Dividend YieldAnnual dividend ÷ price | +1.8% | — | — | +0.0% |
| Dividend StreakConsecutive years of raises | 1 | 1 | 1 | 0 |
| Dividend / ShareAnnual DPS | $3.30 | — | — | $0.03 |
| Buyback YieldShare repurchases ÷ mkt cap | +2.4% | 0.0% | +0.1% | +0.1% |
TKO leads this category, winning 2 of 2 comparable metrics.
Key Takeaway
TKO leads in 2 of 6 categories (Income & Cash Flow, Analyst Outlook). LYV leads in 2 (Valuation Metrics, Profitability & Efficiency). 2 tied.
Best OverallTKO Group Holdings, Inc. (TKO)Leads 2 of 6 categories
Loading custom metrics...
TKO vs FWONK vs LYV vs MSGS: Key Questions Answered
10 questions · data-driven answers · updated daily
01Is TKO or FWONK or LYV or MSGS a better buy right now?
For growth investors, TKO Group Holdings, Inc.
(TKO) is the stronger pick with 68. 9% revenue growth year-over-year, versus -100. 0% for Formula One Group (FWONK). TKO Group Holdings, Inc. (TKO) offers the better valuation at 83. 0x trailing P/E (38. 1x forward), making it the more compelling value choice. Analysts rate TKO Group Holdings, Inc. (TKO) a "Buy" — based on 19 analyst ratings — the highest consensus in this comparison. The "better buy" depends entirely on your goals: growth investors should weight revenue trajectory, value investors should weight P/E and PEG, and income investors should weight dividend yield and streak.
02Which has the better valuation — TKO or FWONK or LYV or MSGS?
On forward P/E, TKO Group Holdings, Inc.
is actually cheaper at 38. 1x.
03Which is the better long-term investment — TKO or FWONK or LYV or MSGS?
Over the past 5 years, TKO Group Holdings, Inc.
(TKO) delivered a total return of +256. 4%, compared to +84. 5% for Madison Square Garden Sports Corp. (MSGS). Over 10 years, the gap is even starker: TKO returned +1060% versus MSGS's +321. 1%. Past returns do not guarantee future results, and the stock with the higher historical return may already have its best growth priced in.
04Which is safer — TKO or FWONK or LYV or MSGS?
By beta (market sensitivity over 5 years), Formula One Group (FWONK) is the lower-risk stock at 0.
35β versus Live Nation Entertainment, Inc. 's 0. 80β — meaning LYV is approximately 125% more volatile than FWONK relative to the S&P 500. On balance sheet safety, TKO Group Holdings, Inc. (TKO) carries a lower debt/equity ratio of 44% versus 7% for Live Nation Entertainment, Inc. — giving it more financial flexibility in a downturn.
05Which is growing faster — TKO or FWONK or LYV or MSGS?
By revenue growth (latest reported year), TKO Group Holdings, Inc.
(TKO) is pulling ahead at 68. 9% versus -100. 0% for Formula One Group (FWONK). On earnings-per-share growth, the picture is similar: TKO Group Holdings, Inc. grew EPS 40. 3% year-over-year, compared to -138. 1% for Madison Square Garden Sports Corp.. Over a 3-year CAGR, TKO leads at 60. 7% annualised revenue growth. Higher growth typically commands a higher valuation multiple — check whether the premium P/E or P/S is justified by the growth rate using the PEG ratio.
06Which has better profit margins — TKO or FWONK or LYV or MSGS?
Formula One Group (FWONK) is the more profitable company, earning 43.
8% net margin versus -2. 2% for Madison Square Garden Sports Corp. — meaning it keeps 43. 8% of every revenue dollar as bottom-line profit. Operating margin tells a similar story: TKO leads at 20. 3% versus -3. 4% for FWONK. At the gross margin level — before operating expenses — TKO leads at 49. 6%, reflecting greater pricing power or product mix advantage. Stronger margins indicate durable pricing power, lower cost of revenue, or higher mix of software/services. They are one of the clearest signs of business quality.
07Is TKO or FWONK or LYV or MSGS more undervalued right now?
On forward earnings alone, TKO Group Holdings, Inc.
(TKO) trades at 38. 1x forward P/E versus 115. 8x for Live Nation Entertainment, Inc. — 77. 7x cheaper on a one-year earnings basis. Analyst consensus price targets imply the most upside for TKO: 26. 2% to $236. 67.
08Which pays a better dividend — TKO or FWONK or LYV or MSGS?
In this comparison, TKO (1.
8% yield) pays a dividend. FWONK, LYV, MSGS do not pay a meaningful dividend and should not be held primarily for income.
09Is TKO or FWONK or LYV or MSGS better for a retirement portfolio?
For long-horizon retirement investors, TKO Group Holdings, Inc.
(TKO) is the stronger choice — it scores higher on the combination of lower volatility, dividend reliability, and long-term compounding (low volatility (β 0. 64), 1. 8% yield, +1060% 10Y return). Both have compounded well over 10 years (TKO: +1060%, MSGS: +321. 1%), confirming both are viable long-term holds — but the lower-volatility option typically results in less emotional selling during corrections. Retirement portfolios generally favour predictability over maximum returns. Consult a financial advisor before making allocation decisions.
10What are the main differences between TKO and FWONK and LYV and MSGS?
Both stocks operate in the Communication Services sector, making this a peer-level intra-sector comparison — the same macro tailwinds and headwinds will affect both.
In terms of investment character: TKO is a mid-cap high-growth stock; FWONK is a mid-cap quality compounder stock; LYV is a mid-cap quality compounder stock; MSGS is a small-cap quality compounder stock. TKO pays a dividend while FWONK, LYV, MSGS do not, making them suitable for different income and tax situations. These fundamental differences mean investors should not choose between them on a single metric — the "better stock" depends entirely on which of these characteristics aligns with your investment strategy.
Find Stocks Like These
Explore pre-built screens for each stock's profile, or build a custom screen to find stocks that outperform all of them.
- Sector: Communication Services
- Market Cap > $100B
- Revenue Growth > 6%
- Gross Margin > 24%
- Sector: Communication Services
- Market Cap > $100B
- Revenue Growth > 6%
- Gross Margin > 15%
Revenue Growth>
%
(TKO: 25.9% · FWONK: -257.8%)Net Margin>
%
(TKO: 7.6% · FWONK: 43.8%)You Might Also Compare
Based on how these companies actually compete and overlap — not just which sector they're filed under.