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TKOTKO Group Holdings, Inc.
$188.87$36.8B
Overview & Tools
OverviewChart Terminal ↗Visualize
Valuation & Forecasts
Valuation ModelsEstimatesDCF Model
Price & Analyst Data
Analyst TargetsPrice History
Financial Statements
Income StatementBalance SheetCash FlowRatios & Margins
Performance
P/E HistoryRevenue HistoryEarnings HistoryDividend HistoryTotal Return
Discovery & Screens
Live BreakoutsStock ScreenerOwnership
TKO logo

TKO Group Holdings, Inc.

TKO
NYSE · Entertainment
$188.87
At close - Sep 22, 4:00 PM EDT - USD
Market Cap$36.76B
P/E83.6x
52W High$226.94
Volume974.92K
OverviewTerminalAnalysisFinancialsValuationEarningsBreakoutsOwnership
VCP Research Verdict2026Q2

Merger-Driven Growth Offsets Leverage and Labor Risks

TKO's post-merger integration is driving robust revenue growth (18-26% recent quarters) and significant gross margin expansion from 40.5% to 64.1%, reflecting strong pricing power and operating leverage. However, the company's elevated debt load (D/E 0.59) and...

GrowthAccelerating
ProfitabilityModerate
ValuationAttractive
TechnicalsWeak
Explore valuation models
MARKET ACTION

TKO price & volume

Price trend, volume and key moving averages

Launch Terminal
Loading chart...
Decision Checklist4 Core Signals

What matters now

The signals most likely to change the investment case.

01

Earnings momentum

4/12 Beats

EPS beat 4 of last 12 quarters

02

Valuation risk

+283% Peers

P/E is 283% above peer median

03

Market leadership

RS 50 · Avg

Average momentum (RS Rating: 50)

04

Weak Trend

Below 200DMA

Price < 200DMA

Next CatalystEstimated earnings · Nov 3
01

Build the investment case

Start with the evidence for owning the stock and the risks that can break the thesis.

EXECUTIVE THESIS

The Investment Case

Full Analysis
Fundamental Trajectory

Revenue surged 68.85% year-over-year post-merger, with gross margin expanding from 40.5% to 64.1% and operating margin reaching 27.8% in Q2 2026, though net margin remains thin at 6.6% due to non-operating charges.

Analyst Consensus+20.1% target
Buy(19 analysts)
17 Buy2 Hold0 Sell

The Bull Case

Upside Catalysts

Iconic property portfolio

TKO owns premier properties like UFC, WWE, and PBR, which are leaders in their respective sports and entertainment sectors.

Dividend distribution

TKO has declared a quarterly cash dividend, showcasing its commitment to returning value to shareholders.

Global fan engagement

TKO delivers high-impact live events and multimedia content to millions globally, driving cultural trends and fan engagement across 170 countries.

The Bear Case

Key Downside Risks

Market performance

Price History →

Trailing total returns as of 9/24/2026, which may include dividends or other distributions. Benchmark is S&P 500 (^GSPC).

YTD Return
TKO-7.59%
S&P 500 (^GSPC)+13.20%
1-Year Return
TKO-3.84%
S&P 500 (^GSPC)+15.98%
3-Year Return
TKO+130.97%
S&P 500 (^GSPC)+78.63%
5-Year Return
TKO+257.95%
S&P 500 (^GSPC)+75.54%
02

Test the fundamentals

Check whether operating performance supports the current valuation.

VALUATION & INTRINSIC VALUE

Valuation Scenarios

Valuation Analysis
Trailing P/EMedian
83.7x
Forward P/EExpansion
40.7x
EV/EBITDA80th %ile
27.7x
FCF YieldCash Flow
3.1%

Valuation vs 5-Year History

Multiple Range
Metric
Current
5Y Median
Historical Range
Percentile
P/E
83.7x
23.6x
67th· Fair
EV/EBITDA
27.7x
18.2x
80th· High
Price/FCF
31.8x
35.0x
40th· Fair
Current Multiple
5Y Median (50th %ile)

Intrinsic Value Scenarios

DCF Projection
Bear$104.85-44.5%
Base (Fair)$190.40+0.6%
Bull$287.93+52.4%
$104.85 Bear$190.40 Base$287.93 Bull
Current Market Price: $188.87
Trades at a 0.8% discount to Base DCF ($190.40)
Open DCF & Valuation Models →Chart Terminal ↗

Growth & profitability

Annual revenue & EPS trend
Revenue
$4.74B+68.9% YoY
Net income
$195M+1977.0% YoY
Free cash flow
$1.16B+148.0% YoY
Operating margin
20.3%-7.3 pts YoY
ROIC (TTM)6.1%
Avg ROIC 5Y-
ROE (TTM)2.2%
Piotroski Score5 / 9
Financial Statements →
03

Monitor what changed

Recent results and news deserve attention only when they alter the forward view.

OPERATING RESULTS

Recent Earnings

Earnings History
EPS Beat Rate4/12 (33%)
Revenue Beat Rate11/12 (92%)
QuarterEPS (Act vs Est)Revenue (Act vs Est)
Q3 2026Latest
Aug 3, 2026
$1.34-5.0%
vs $1.41
$1.5B+0.3%
vs $1.5B
Q2 2026
May 6, 2026
$1.12+0.9%
vs $1.11
$1.6B+0.3%
vs $1.6B
Q1 2026
Feb 25, 2026
-$0.08-133.7%
vs $0.24
$1.0B+1.4%
vs $1.0B
Q4 2025
Nov 5, 2025
$0.50-14.7%
vs $0.59
$1.1B+0.2%
vs $1.1B
Historical baseline: 12 quarters analyzedGAAP / Adjusted
MARKET COVERAGE

Latest News

5 Stories
Seeking Alpha·Sep 9, 2026
TKO Group: The Next Earnings Win Comes From Selling More Around The Show

TKO Group Holdings, Inc. (TKO) is rated 'Buy' based on its strong media rights, franchise value, and scalable revenue streams from UFC and WWE. TKO's negotiating leverage stems from controlling unique, enduring sports-entertainment IP, enabling monetization across sponsorships, licensing, and archives with relatively low incremental costs. 2026 guidance targets $5.8B revenue and $2.29B adjusted EBITDA; a 26% upside to $235/share is supported by a 20x EBITDA multiple on projected earnings.

Seeking Alpha·Sep 8, 2026
TKO Group Holdings, Inc. (TKO) Presents at Goldman Sachs Communacopia + Technology Conference 2026 Transcript

TKO Group Holdings, Inc. (TKO) Presents at Goldman Sachs Communacopia + Technology Conference 2026 Transcript

GuruFocus·Sep 3, 2026
TKO Declares Third Quarter 2026 Dividend

TKO Group Holdings, Inc. (NYSE: TKO) (“TKO” or the “Company”), a premium sports and entertainment company, today announced that its board of directors h

Business Wire·Sep 3, 2026
TKO Declares Third Quarter 2026 Dividend

NEW YORK--(BUSINESS WIRE)--TKO Group Holdings, Inc. (NYSE: TKO) (“TKO” or the “Company”), a premium sports and entertainment company, today announced that its board of directors has declared a quarterly cash dividend pursuant to which TKO's Class A common stockholders will receive their pro rata share of an aggregate distribution of approximately $150 million from TKO Operating Company, LLC to its equityholders. The per share dividend to the holders of TKO's Class A common stockholders will be.

Filtered for TKO Group Holdings, Inc.More Headlines
04

Compare before deciding

Benchmark TKO against direct peers instead of judging its metrics in isolation.

Peers Comparison

Key metrics vs top competitors for TKO Group Holdings, Inc. (TKO)

Full Screener →
CompanyPriceMarket CapP/E RatioRev Growth (1Y)Net MarginROEDiv Yield
TKO logoTKOTKO Group Holdings, Inc.Current
$188.87$36.76B83.5768.85%4.13%2.17%1.75%
LYV logoLYVLive Nation Entertainment, Inc.
$169.84$39.52B-707.678.83%0.51%9%—
MSGS logoMSGSMadison Square Garden Sports Corp.
$396.62$9.55B1239.4411.03%0.67%——
MSGE logoMSGEMadison Square Garden Entertainment Corp.
$80.17$3.79B-74.93-66.73%6.24%5.95%—
FWONK logoFWONKLiberty Media Corporation
$94.62$23.71B44.0122.69%5.3%2.76%—
NFLX logoNFLXNetflix, Inc.
$72.16$300.47B28.5215.85%28.22%47.96%—

Compare TKO vs Peers

TKO Group Holdings, Inc. (TKO) vs competitors — business, growth, and fundamentals comparison against the closest industry rivals.

Closest Rival

vs LYV

Most directly comparable listed peer for TKO.

Scale Benchmark

vs NFLX

Larger-name benchmark to compare TKO against a more recognizable public peer.

Peer Set

Compare Top 5

vs LYV, MSGS, MSGE, FWONK

05

Keep researching

Verify the primary filings, follow material updates, and answer the remaining questions.

TKO SEC Filings & Documents

TKO Group Holdings, Inc. (TKO) SEC filings — annual & quarterly reports (10-K, 10-Q)

8-K Announcements

6
Material company update

Aug 3, 2026·SEC

Material company update

Jun 12, 2026·SEC

Material company update

May 12, 2026·SEC

10-K Annual Reports

2
FY 2026

Feb 25, 2026·SEC

FY 2025

Feb 26, 2025·SEC

10-Q Quarterly Reports

6
FY 2026

Aug 3, 2026·SEC

FY 2026

May 6, 2026·SEC

FY 2025

Nov 5, 2025·SEC

Get notified when TKO posts new earnings or crosses analyst targets

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TKO Frequently Asked Questions

TKO Group Holdings, Inc. (TKO) stock FAQ — growth, dividends, profitability & financials explained

Growth & Financials
What is TKO Group Holdings, Inc.'s revenue?

TKO Group Holdings, Inc. (TKO) reported $5.30B in revenue for fiscal year 2025. This represents a 705% increase from $658.8M in 2015.

How fast is TKO Group Holdings, Inc. growing?

TKO Group Holdings, Inc. (TKO) grew revenue by 68.9% over the past year. This is strong growth.

Is TKO profitable?

Yes, TKO Group Holdings, Inc. (TKO) is profitable, generating $229.6M in net income for fiscal year 2025 (4.1% net margin).

Dividend & Returns
Does TKO pay dividends?

Yes, TKO Group Holdings, Inc. (TKO) pays a dividend with a yield of 1.75%. This makes it attractive for income-focused investors.

What is TKO's return on equity?

TKO Group Holdings, Inc. (TKO) has a return on equity (ROE) of 2.2%. This is below average, suggesting room for improvement.

What is TKO Group Holdings, Inc.'s free cash flow?

TKO Group Holdings, Inc. (TKO) generated $1.67B in free cash flow for fiscal year 2025. Positive FCF indicates the company can fund dividends, buybacks, or reinvestment.

What if you invested $1,000 in TKO back in 2015?

Total return calculator · dividends reinvested · 11+ years of data

See returns →