TKO Group Holdings, Inc. (TKO) 10-Year Financial Performance & Capital Metrics

TKO •

Communication ServicesEntertainmentLive Events and Sports Operators

AboutTKO Group Holdings, Inc. operates as a sports and entertainment company. It operates through four segments: Media and Content, Live Events, Sponsorships, and Consumer Products Licensing. The company produces live events, television programs, and long-form and short-form video content across various platforms, including broadcast, pay television, and streaming, as well as digital and social media across approximately 170 countries. It is involved in the merchandising of video games, apparel, equipment, trading cards, memorabilia, digital goods, and toys, as well as sale of travel packages and tickets. The company engages in the corporate sponsorships and advertising business, which offers sale of in-venue and in-broadcast advertising assets, content product integration, and digital impressions. TKO Group Holdings, Inc. is based in New York, New York. TKO Group Holdings, Inc. is a subsidiary of Endeavor Group Holdings, Inc.Show more

Revenue $4.74B +68.9%
EBITDA $1.32B +13.0%
Net Income $533M +5563.8%
EPS (Diluted) 2.26 +4031.6%
Gross Margin -42.97% -179.7%
EBITDA Margin 27.88% -33.1%
Operating Margin 17.63% -36.2%
Net Margin 11.25% +3254.1%
ROE 5.93% +5437.7%
ROIC 5.28% +3.9%
Debt/Equity 0.44 +26.2%
Interest Coverage -

Technical Analysis

Key Insights

Based on financial data analysis

✓Strengths

✓Strong 5Y profit CAGR of 32.2%
✓FCF machine: 27.2% free cash flow margin
✓High quality earnings: Operating CF exceeds net income
✓Strong 5Y sales CAGR of 37.2%
✓Healthy 5Y average net margin of 11.9%
✓Trading near 52-week high

✗Weaknesses

✗Weak 3Y average ROE of 1.8%
✗Shares diluted 13.2% in last year

Price & Volume

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Growth Metrics

Revenue CAGR

10Y21.8%

5Y37.19%

3Y60.74%

TTM26.64%

Profit (Net Income) CAGR

10Y36.26%

5Y32.24%

3Y11.22%

TTM1983.32%

EPS CAGR

10Y21.59%

5Y1.19%

3Y-21.43%

TTM7600%

ROCE

10Y Avg15.62%

5Y Avg9.09%

3Y Avg6.81%

Latest6.5%

Peer Comparison

Live Events and Sports Operators

Name	Market Cap	Current Price	P/E Ratio	Revenue Growth 1Y	Net Margin	ROE	FCF Yield	Debt/Equity
TKOTKO Group Holdings, Inc.	26B	223.87	99.06	68.85%	4.13%	2.11%	4.94%	0.44
MSGEMadison Square Garden Entertainment Corp.	2.55B	63.14	82	-1.72%	5.12%	144.17%	3.65%
TDICDreamland Limited Class A Ordinary Shares	6.12M	0.17	6.33	124.08%	14.03%	112.46%		1.62
HOFVHall of Fame Resort & Entertainment Company	2.35M	0.35	-0.04	-12.12%	-366.24%	-207.29%		3.45
CPOPPop Culture Group Co., Ltd	188.22K	0.33	-0.08	155.52%	-30.56%	-102.2%		0.41
SPHRSphere Entertainment Co.	817.24M	119.01	-20.95		-9.54%	-4.7%		0.63
MANUManchester United plc	1.01B	18.01	-70.46	0.72%	-1.39%	-4.76%	3.73%	3.33
BATRKAtlanta Braves Holdings, Inc.	2.24B	43.71	-118.14	10.52%	-3.19%	-4.34%		1.56

Profit & Loss

	Dec 2016	Dec 2017	Dec 2018	Dec 2019	Dec 2020	Dec 2021	Dec 2022	Dec 2023	Dec 2024	Dec 2025
Sales/Revenue+	729.22M	800.96M	930.16M	960.44M	974.21M	1.1B	1.14B	1.67B	2.8B	4.74B
Revenue Growth %	10.69%	9.84%	16.13%	3.26%	1.43%	12.42%	4.11%	46.91%	67.43%	68.85%
Cost of Goods Sold+	453.62M	559.1M	634.25M	672.33M	592.1M	649.08M	385.62M	679.21M	1.29B	1.81B
COGS % of Revenue	62.21%	69.8%	68.19%	70%	60.78%	59.27%	33.82%	40.55%	46.1%	38.26%
Gross Profit+	275.6M	241.86M	295.91M	288.12M	382.11M	446.1M	754.53M	995.75M	1.51B	-2.03B
Gross Margin %	37.79%	30.2%	31.81%	30%	39.22%	40.73%	66.18%	59.45%	53.9%	-42.97%
Gross Profit Growth %	15.22%	-12.24%	22.35%	-2.63%	32.62%	16.75%	69.14%	31.97%	51.81%	-234.59%
Operating Expenses+	219.13M	160.81M	181.43M	171.61M	173.57M	190.08M	209.39M	409.56M	736.64M	1.58B
OpEx % of Revenue	30.05%	20.08%	19.51%	17.87%	17.82%	17.36%	18.37%	24.45%	26.27%	33.32%
Selling, General & Admin	219.13M	160.81M	181.43M	171.61M	173.57M	190.08M	209.39M	409.56M	736.64M	1.58B
SG&A % of Revenue	30.05%	20.08%	19.51%	17.87%	17.82%	17.36%	18.37%	24.45%	26.27%	33.32%
Research & Development	0	0	0	0	0	0	0	0	0	0
R&D % of Revenue	-	-	-	-	-	-	-	-	-	-
Other Operating Expenses	0	0	0	0	0	0	0	0	0	0
Operating Income+	56.46M	81.05M	114.48M	116.51M	208.54M	256.02M	545.14M	586.19M	774.98M	835.01M
Operating Margin %	7.74%	10.12%	12.31%	12.13%	21.41%	23.38%	47.81%	35%	27.63%	17.63%
Operating Income Growth %	21.67%	43.54%	41.24%	1.77%	78.99%	22.76%	112.93%	7.53%	32.21%	7.75%
EBITDA+	118.48M	146.12M	184.63M	199.79M	294.73M	333.94M	605.17M	750.81M	1.17B	1.32B
EBITDA Margin %	16.25%	18.24%	19.85%	20.8%	30.25%	30.49%	53.08%	44.83%	41.64%	27.88%
EBITDA Growth %	10.7%	23.33%	26.36%	8.21%	47.52%	13.3%	81.22%	24.07%	55.54%	13.03%
D&A (Non-Cash Add-back)	62.02M	65.07M	70.16M	83.28M	86.19M	77.92M	60.03M	164.62M	392.84M	484.93M
EBIT	56.23M	78.8M	121.44M	120.8M	206.71M	263.47M	543.12M	446.48M	283.46M	0
Net Interest Income+	-628K	-12.73M	-10.9M	-21.39M	-33.78M	-33.22M	-139.57M	-239.04M	-249.12M	0
Interest Income	2.39M	2.01M	4.51M	4.73M	1.82M	395K	0	0	0	0
Interest Expense	3.02M	14.74M	15.4M	26.12M	35.6M	33.61M	139.57M	239.04M	249.12M	-478.24M
Other Income/Expense	-3.25M	-16.99M	-8.44M	-21.83M	-37.44M	-26.16M	-141.8M	-379.02M	-742.9M	-228.39M
Pretax Income+	53.21M	64.06M	106.04M	94.68M	171.11M	229.86M	403.34M	207.17M	32.08M	606.62M
Pretax Margin %	7.3%	8%	11.4%	9.86%	17.56%	20.99%	35.38%	12.37%	1.14%	12.81%
Income Tax+	19.37M	31.42M	6.45M	17.62M	39.34M	52.45M	14.32M	31.45M	25.71M	73.86M
Effective Tax Rate %	63.6%	50.95%	93.92%	81.39%	77.01%	77.18%	96.02%	-17%	29.32%	87.84%
Net Income+	33.84M	32.64M	99.59M	77.06M	131.77M	177.41M	387.27M	-35.23M	9.41M	532.85M
Net Margin %	4.64%	4.08%	10.71%	8.02%	13.53%	16.2%	33.97%	-2.1%	0.34%	11.25%
Net Income Growth %	40.16%	-3.55%	205.11%	-22.62%	71%	34.63%	118.3%	-109.1%	126.71%	5563.83%
Net Income (Continuing)	33.84M	32.64M	99.59M	77.06M	131.77M	177.41M	389.02M	175.72M	6.38M	0
Discontinued Operations	0	0	0	0	0	0	0	0	0	0
Minority Interest	0	0	0	0	0	9.7M	9.91M	4.74B	4.63B	5.51B
EPS (Diluted)+	0.44	0.42	1.12	0.85	2.13	3.27	4.66	-0.43	0.05	2.26
EPS Growth %	37.5%	-4.55%	166.67%	-24.11%	150.59%	53.52%	42.51%	-109.23%	112.72%	4031.63%
EPS (Basic)	0.44	0.43	1.28	0.99	2.13	3.27	4.66	-0.43	0.12	2.39
Diluted Shares Outstanding	77.54M	78.47M	88.62M	90.23M	83.16M	83.16M	83.16M	82.81M	171.88M	194.56M
Basic Shares Outstanding	76.15M	76.74M	77.54M	78.16M	83.16M	83.16M	83.16M	82.81M	81.34M	78.4M
Dividend Payout Ratio	108.05%	112.91%	37.4%	48.57%	28.27%	20.52%	282.98%	-	714.88%	-

Balance Sheet

	Dec 2016	Dec 2017	Dec 2018	Dec 2019	Dec 2020	Dec 2021	Dec 2022	Dec 2023	Dec 2024	Dec 2025
Total Current Assets+	349.31M	390.98M	474.01M	404.31M	726.85M	948.26M	268.3M	492.43M	869.57M	2.33B
Cash & Short-Term Investments	267.14M	297.44M	359.14M	250.48M	593.4M	874.69M	180.57M	235.84M	525.56M	831.1M
Cash Only	211.98M	137.7M	167.46M	90.45M	462.1M	874.69M	180.57M	235.84M	525.56M	831.1M
Short-Term Investments	55.16M	159.74M	191.69M	160.03M	131.29M	0	0	0	0	0
Accounts Receivable	53.16M	65.25M	78.92M	124.77M	52.01M	59.34M	45.45M	147.03M	221.41M	558.3M
Days Sales Outstanding	26.61	29.73	30.97	47.42	19.49	19.78	14.55	32.04	28.82	43.04
Inventory	6.53M	8.33M	7.75M	8.25M	8.39M	0	0	0	0	0
Days Inventory Outstanding	5.26	5.44	4.46	4.48	5.17	-	-	-	-	-
Other Current Assets	22.48M	19.96M	28.19M	20.81M	73.06M	13.45M	33.98M	43.53M	25.02M	939.7M
Total Non-Current Assets+	256.77M	223.52M	231.32M	609.69M	592.03M	3.35B	3.31B	12.2B	11.83B	13.17B
Property, Plant & Equipment	132.63M	131.32M	148.09M	485.5M	485.87M	193.21M	198.32M	899.63M	805.02M	926.5M
Fixed Asset Turnover	5.50x	6.10x	6.28x	1.98x	2.01x	5.67x	5.75x	1.86x	3.48x	5.11x
Goodwill	0	0	0	0	0	2.6B	2.6B	7.67B	7.66B	8.44B
Intangible Assets	0	0	0	0	0	522.35M	475.76M	3.56B	3.26B	3.33B
Long-Term Investments	24.96M	27.37M	30.2M	28.11M	11.15M	1.75M	6.02M	16.39M	32.16M	131.5M
Other Non-Current Assets	61.45M	45.85M	30.87M	67.11M	63.41M	27.97M	-31.62M	52.14M	65.5M	335.9M
Total Assets+	606.08M	614.51M	705.33M	1.01B	1.32B	4.3B	3.58B	12.69B	12.7B	15.5B
Asset Turnover	1.20x	1.30x	1.32x	0.95x	0.74x	0.25x	0.32x	0.13x	0.22x	0.31x
Asset Growth %	47.56%	1.39%	14.78%	43.76%	30.07%	225.74%	-16.65%	254.42%	0.07%	22.01%
Total Current Liabilities+	133.13M	138.19M	357.54M	344.34M	497.47M	187.32M	230.18M	472.14M	670.66M	1.85B
Accounts Payable	10.12M	12.73M	12.2M	9.28M	7.27M	11.64M	16.84M	42.04M	29.68M	194.8M
Days Payables Outstanding	8.14	8.31	7.02	5.04	4.48	6.54	15.94	22.59	8.38	39.25
Short-Term Debt	6.12M	4.64M	188.21M	206.81M	308.64M	22.89M	24.48M	22.37M	26.51M	78.4M
Deferred Revenue (Current)	56.65M	55.82M	49.17M	56.94M	62.89M	50.69M	71.62M	118.99M	101.24M	663M
Other Current Liabilities	31.21M	35.48M	60.6M	56.18M	86.72M	2.37M	88.55M	9M	16.34M	910.9M
Current Ratio	2.62x	2.83x	1.33x	1.17x	1.46x	5.06x	1.17x	1.04x	1.30x	1.26x
Quick Ratio	2.57x	2.77x	1.30x	1.15x	1.44x	5.06x	1.17x	1.04x	1.30x	1.26x
Cash Conversion Cycle	23.72	26.86	28.41	46.86	20.17	-	-	-	-	-
Total Non-Current Liabilities+	233.2M	223.35M	31.55M	394.33M	437.42M	2.85B	2.77B	3.37B	3.31B	4.4B
Long-Term Debt	196.6M	208.86M	25.7M	22.1M	21.7M	2.81B	2.74B	2.71B	2.73B	3.98B
Capital Lease Obligations	0	0	0	350.04M	389.62M	18.59M	22.59M	278.2M	258.32M	0
Deferred Tax Liabilities	5.17M	3.39M	5.03M	21.77M	21.57M	0	15.69M	372.86M	312.21M	301.7M
Other Non-Current Liabilities	725K	11.11M	827K	429K	4.54M	22.92M	-13.93M	3.05M	7.46M	112.2M
Total Liabilities	366.33M	361.55M	389.09M	738.67M	934.89M	3.04B	3B	3.84B	3.98B	6.25B
Total Debt+	202.72M	213.5M	213.9M	578.95M	719.96M	2.85B	2.78B	3.03B	3.04B	4.06B
Net Debt	-9.25M	75.8M	46.45M	488.5M	257.86M	1.98B	2.6B	2.79B	2.51B	3.23B
Debt / Equity	0.85x	0.84x	0.68x	2.10x	1.87x	2.27x	4.81x	0.34x	0.35x	0.44x
Debt / EBITDA	1.71x	1.46x	1.16x	2.90x	2.44x	8.54x	4.60x	4.03x	2.60x	3.08x
Net Debt / EBITDA	-0.08x	0.52x	0.25x	2.45x	0.87x	5.92x	4.30x	3.72x	2.15x	2.45x
Interest Coverage	18.70x	5.50x	7.43x	4.46x	5.86x	7.62x	3.91x	2.45x	3.11x	-
Total Equity+	239.74M	252.96M	316.24M	275.33M	383.99M	1.26B	578.82M	8.85B	8.72B	9.25B
Equity Growth %	14.54%	5.51%	25.02%	-12.94%	39.47%	227.76%	-54.01%	1429.06%	-1.49%	6.1%
Book Value per Share	3.09	3.22	3.57	3.05	4.62	15.13	6.96	106.88	50.73	47.54
Total Shareholders' Equity	239.74M	252.96M	316.24M	275.33M	383.99M	1.25B	568.92M	4.11B	4.09B	3.74B
Common Stock	764K	771K	780K	773K	778K	1.25B	568.07M	2K	2K	2K
Retained Earnings	-167.3M	-172.39M	-101.33M	-133.66M	-56.33M	0	0	-135.23M	-291.73M	-797.3M
Treasury Stock	0	0	0	0	0	0	0	0	0	0
Accumulated OCI	2.9M	2.37M	1.5M	2.86M	2.98M	-2.52M	846K	-332K	-2.55M	-17.5M
Minority Interest	0	0	0	0	0	9.7M	9.91M	4.74B	4.63B	5.51B

Cash Flow

	Dec 2016	Dec 2017	Dec 2018	Dec 2019	Dec 2020	Dec 2021	Dec 2022	Dec 2023	Dec 2024	Dec 2025
Cash from Operations+	56.62M	96.59M	186.72M	120.98M	319.87M	178.6M	501.72M	468.38M	583.41M	1.29B
Operating CF Margin %	7.76%	12.06%	20.07%	12.6%	32.83%	16.31%	44.01%	27.96%	20.8%	27.15%
Operating CF Growth %	14.26%	70.59%	93.31%	-35.21%	164.39%	-44.17%	180.93%	-6.65%	24.56%	120.38%
Net Income	33.84M	32.64M	99.59M	77.06M	131.77M	177.41M	389.02M	175.72M	6.38M	546.2M
Depreciation & Amortization	62.02M	65.07M	70.16M	83.28M	86.19M	77.92M	60.03M	164.62M	392.84M	485M
Stock-Based Compensation	0	0	0	0	0	0	23.74M	57.11M	94.64M	117.6M
Deferred Taxes	12.15M	13.57M	-1.06M	9.92M	-3.02M	-2.99M	2.33M	6.83M	0	0
Other Non-Cash Items	142.64M	171M	160.33M	46.07M	62.76M	26.02M	28.67M	36.17M	-1.3M	136.9M
Working Capital Changes	-68.51M	-49.36M	-25.79M	-95.35M	42.17M	-99.76M	-2.08M	27.93M	90.86M	0
Change in Receivables	5.46M	-12.51M	-3.53M	-41.49M	70.04M	-120.63M	-26.4M	15.07M	-52.68M	-140.2M
Change in Inventory	-364K	-1.8M	579K	-499K	-1.29M	1.16M	5.63M	0	0	0
Change in Payables	-6.58M	8.11M	26.75M	-31.95M	5.09M	22.72M	-5.18M	38.19M	220.85M	97.6M
Cash from Investing+	-24.09M	-133.74M	-66.09M	-35.81M	11.88M	-188.81M	-13.26M	12.28M	-59.05M	-146.9M
Capital Expenditures	-29.9M	-24.71M	-32.27M	-69.09M	-27.66M	-39.23M	-12.4M	-48.63M	0	0
CapEx % of Revenue	4.1%	3.09%	3.47%	7.19%	2.84%	3.58%	1.09%	2.9%	2.67%	-
Acquisitions	0	0	0	0	0	0	-875K	381.15M	0	-8.7M
Investments	-	-	-	-	-	-	-	-	-	-
Other Investing	0	0	1M	1.44M	0	4.33M	-17.61M	-321.01M	-59.05M	-140.1M
Cash from Financing+	141.43M	-37.13M	-90.88M	-162.19M	39.91M	-317.06M	-1.18B	-424.47M	-232.26M	-635.7M
Debt Issued (Net)	156.24M	5.86M	-4.78M	-13.46M	85.61M	-112.35M	-82.6M	-33.41M	7.52M	0
Equity Issued (Net)	1000K	1000K	1000K	-1000K	1000K	-1000K	0	-1000K	-1000K	0
Dividends Paid	-36.56M	-36.85M	-37.24M	-37.43M	-37.25M	-36.41M	-1.1B	-296.59M	-67.26M	-185.2M
Share Repurchases	0	0	0	-83.44M	0	-165.63M	-2.88M	-100M	-165M	-866.8M
Other Financing	893K	-9.16M	-50.8M	-30.18M	-11.08M	-5.64M	-2.88M	5.52M	-7.53M	-450.5M
Net Change in Cash	173.96M	-74.28M	29.76M	-77.01M	371.65M	-327.27M	-694.11M	55.27M	289.72M	507.9M
Free Cash Flow+	26.72M	71.88M	154.44M	51.9M	292.21M	139.37M	489.32M	419.75M	508.46M	1.29B
FCF Margin %	3.66%	8.97%	16.6%	5.4%	29.99%	12.73%	42.92%	25.06%	18.13%	27.15%
FCF Growth %	-9.57%	169.03%	114.87%	-66.4%	463.05%	-52.31%	251.11%	-14.22%	21.13%	152.86%
FCF per Share	0.34	0.92	1.74	0.58	3.51	1.68	5.88	5.07	2.96	6.61
FCF Conversion (FCF/Net Income)	1.67x	2.96x	1.87x	1.57x	2.43x	1.01x	1.30x	-13.30x	62.01x	2.41x
Interest Paid	0	0	0	0	103M	0	118.31M	226.5M	267.51M	0
Taxes Paid	0	0	0	0	10.18M	0	14.79M	23.2M	89.02M	0

Key Ratios

Metric	2016	2017	2018	2019	2020	2021	2022	2023	2024	2025
Return on Equity (ROE)	15.07%	13.25%	34.99%	26.05%	39.97%	21.6%	42.15%	-0.75%	0.11%	5.93%
Return on Invested Capital (ROIC)	20.01%	21.74%	24.83%	15.51%	22.25%	9.9%	12.74%	5.93%	5.08%	5.28%
Gross Margin	37.79%	30.2%	31.81%	30%	39.22%	40.73%	66.18%	59.45%	53.9%	-42.97%
Net Margin	4.64%	4.08%	10.71%	8.02%	13.53%	16.2%	33.97%	-2.1%	0.34%	11.25%
Debt / Equity	0.85x	0.84x	0.68x	2.10x	1.87x	2.27x	4.81x	0.34x	0.35x	0.44x
Interest Coverage	18.70x	5.50x	7.43x	4.46x	5.86x	7.62x	3.91x	2.45x	3.11x	-
FCF Conversion	1.67x	2.96x	1.87x	1.57x	2.43x	1.01x	1.30x	-13.30x	62.01x	2.41x
Revenue Growth	10.69%	9.84%	16.13%	3.26%	1.43%	12.42%	4.11%	46.91%	67.43%	68.85%

US Stock Screener

...

TKO Group Holdings, Inc. (TKO) 10-Year Financial Performance & Capital Metrics

TKO •

Communication ServicesEntertainmentLive Events and Sports Operators

Revenue $4.74B +68.9%
EBITDA $1.32B +13.0%
Net Income $533M +5563.8%
EPS (Diluted) 2.26 +4031.6%
Gross Margin -42.97% -179.7%
EBITDA Margin 27.88% -33.1%
Operating Margin 17.63% -36.2%
Net Margin 11.25% +3254.1%
ROE 5.93% +5437.7%
ROIC 5.28% +3.9%
Debt/Equity 0.44 +26.2%
Interest Coverage -

Technical Analysis

Key Insights

Based on financial data analysis

✓Strengths

✓Strong 5Y profit CAGR of 32.2%
✓FCF machine: 27.2% free cash flow margin
✓High quality earnings: Operating CF exceeds net income
✓Strong 5Y sales CAGR of 37.2%
✓Healthy 5Y average net margin of 11.9%
✓Trading near 52-week high

✗Weaknesses

✗Weak 3Y average ROE of 1.8%
✗Shares diluted 13.2% in last year

Price & Volume

Loading chart...

Growth Metrics

Revenue CAGR

10Y21.8%

5Y37.19%

3Y60.74%

TTM26.64%

Profit (Net Income) CAGR

10Y36.26%

5Y32.24%

3Y11.22%

TTM1983.32%

EPS CAGR

10Y21.59%

5Y1.19%

3Y-21.43%

TTM7600%

ROCE

10Y Avg15.62%

5Y Avg9.09%

3Y Avg6.81%

Latest6.5%

Peer Comparison

Live Events and Sports Operators

Name	Market Cap	Current Price	P/E Ratio	Revenue Growth 1Y	Net Margin	ROE	FCF Yield	Debt/Equity
TKOTKO Group Holdings, Inc.	26B	223.87	99.06	68.85%	4.13%	2.11%	4.94%	0.44
MSGEMadison Square Garden Entertainment Corp.	2.55B	63.14	82	-1.72%	5.12%	144.17%	3.65%
TDICDreamland Limited Class A Ordinary Shares	6.12M	0.17	6.33	124.08%	14.03%	112.46%		1.62
HOFVHall of Fame Resort & Entertainment Company	2.35M	0.35	-0.04	-12.12%	-366.24%	-207.29%		3.45
CPOPPop Culture Group Co., Ltd	188.22K	0.33	-0.08	155.52%	-30.56%	-102.2%		0.41
SPHRSphere Entertainment Co.	817.24M	119.01	-20.95		-9.54%	-4.7%		0.63
MANUManchester United plc	1.01B	18.01	-70.46	0.72%	-1.39%	-4.76%	3.73%	3.33
BATRKAtlanta Braves Holdings, Inc.	2.24B	43.71	-118.14	10.52%	-3.19%	-4.34%		1.56

Profit & Loss

	Dec 2016	Dec 2017	Dec 2018	Dec 2019	Dec 2020	Dec 2021	Dec 2022	Dec 2023	Dec 2024	Dec 2025
Sales/Revenue+	729.22M	800.96M	930.16M	960.44M	974.21M	1.1B	1.14B	1.67B	2.8B	4.74B
Revenue Growth %	10.69%	9.84%	16.13%	3.26%	1.43%	12.42%	4.11%	46.91%	67.43%	68.85%
Cost of Goods Sold+	453.62M	559.1M	634.25M	672.33M	592.1M	649.08M	385.62M	679.21M	1.29B	1.81B
COGS % of Revenue	62.21%	69.8%	68.19%	70%	60.78%	59.27%	33.82%	40.55%	46.1%	38.26%
Gross Profit+	275.6M	241.86M	295.91M	288.12M	382.11M	446.1M	754.53M	995.75M	1.51B	-2.03B
Gross Margin %	37.79%	30.2%	31.81%	30%	39.22%	40.73%	66.18%	59.45%	53.9%	-42.97%
Gross Profit Growth %	15.22%	-12.24%	22.35%	-2.63%	32.62%	16.75%	69.14%	31.97%	51.81%	-234.59%
Operating Expenses+	219.13M	160.81M	181.43M	171.61M	173.57M	190.08M	209.39M	409.56M	736.64M	1.58B
OpEx % of Revenue	30.05%	20.08%	19.51%	17.87%	17.82%	17.36%	18.37%	24.45%	26.27%	33.32%
Selling, General & Admin	219.13M	160.81M	181.43M	171.61M	173.57M	190.08M	209.39M	409.56M	736.64M	1.58B
SG&A % of Revenue	30.05%	20.08%	19.51%	17.87%	17.82%	17.36%	18.37%	24.45%	26.27%	33.32%
Research & Development	0	0	0	0	0	0	0	0	0	0
R&D % of Revenue	-	-	-	-	-	-	-	-	-	-
Other Operating Expenses	0	0	0	0	0	0	0	0	0	0
Operating Income+	56.46M	81.05M	114.48M	116.51M	208.54M	256.02M	545.14M	586.19M	774.98M	835.01M
Operating Margin %	7.74%	10.12%	12.31%	12.13%	21.41%	23.38%	47.81%	35%	27.63%	17.63%
Operating Income Growth %	21.67%	43.54%	41.24%	1.77%	78.99%	22.76%	112.93%	7.53%	32.21%	7.75%
EBITDA+	118.48M	146.12M	184.63M	199.79M	294.73M	333.94M	605.17M	750.81M	1.17B	1.32B
EBITDA Margin %	16.25%	18.24%	19.85%	20.8%	30.25%	30.49%	53.08%	44.83%	41.64%	27.88%
EBITDA Growth %	10.7%	23.33%	26.36%	8.21%	47.52%	13.3%	81.22%	24.07%	55.54%	13.03%
D&A (Non-Cash Add-back)	62.02M	65.07M	70.16M	83.28M	86.19M	77.92M	60.03M	164.62M	392.84M	484.93M
EBIT	56.23M	78.8M	121.44M	120.8M	206.71M	263.47M	543.12M	446.48M	283.46M	0
Net Interest Income+	-628K	-12.73M	-10.9M	-21.39M	-33.78M	-33.22M	-139.57M	-239.04M	-249.12M	0
Interest Income	2.39M	2.01M	4.51M	4.73M	1.82M	395K	0	0	0	0
Interest Expense	3.02M	14.74M	15.4M	26.12M	35.6M	33.61M	139.57M	239.04M	249.12M	-478.24M
Other Income/Expense	-3.25M	-16.99M	-8.44M	-21.83M	-37.44M	-26.16M	-141.8M	-379.02M	-742.9M	-228.39M
Pretax Income+	53.21M	64.06M	106.04M	94.68M	171.11M	229.86M	403.34M	207.17M	32.08M	606.62M
Pretax Margin %	7.3%	8%	11.4%	9.86%	17.56%	20.99%	35.38%	12.37%	1.14%	12.81%
Income Tax+	19.37M	31.42M	6.45M	17.62M	39.34M	52.45M	14.32M	31.45M	25.71M	73.86M
Effective Tax Rate %	63.6%	50.95%	93.92%	81.39%	77.01%	77.18%	96.02%	-17%	29.32%	87.84%
Net Income+	33.84M	32.64M	99.59M	77.06M	131.77M	177.41M	387.27M	-35.23M	9.41M	532.85M
Net Margin %	4.64%	4.08%	10.71%	8.02%	13.53%	16.2%	33.97%	-2.1%	0.34%	11.25%
Net Income Growth %	40.16%	-3.55%	205.11%	-22.62%	71%	34.63%	118.3%	-109.1%	126.71%	5563.83%
Net Income (Continuing)	33.84M	32.64M	99.59M	77.06M	131.77M	177.41M	389.02M	175.72M	6.38M	0
Discontinued Operations	0	0	0	0	0	0	0	0	0	0
Minority Interest	0	0	0	0	0	9.7M	9.91M	4.74B	4.63B	5.51B
EPS (Diluted)+	0.44	0.42	1.12	0.85	2.13	3.27	4.66	-0.43	0.05	2.26
EPS Growth %	37.5%	-4.55%	166.67%	-24.11%	150.59%	53.52%	42.51%	-109.23%	112.72%	4031.63%
EPS (Basic)	0.44	0.43	1.28	0.99	2.13	3.27	4.66	-0.43	0.12	2.39
Diluted Shares Outstanding	77.54M	78.47M	88.62M	90.23M	83.16M	83.16M	83.16M	82.81M	171.88M	194.56M
Basic Shares Outstanding	76.15M	76.74M	77.54M	78.16M	83.16M	83.16M	83.16M	82.81M	81.34M	78.4M
Dividend Payout Ratio	108.05%	112.91%	37.4%	48.57%	28.27%	20.52%	282.98%	-	714.88%	-

Balance Sheet

	Dec 2016	Dec 2017	Dec 2018	Dec 2019	Dec 2020	Dec 2021	Dec 2022	Dec 2023	Dec 2024	Dec 2025
Total Current Assets+	349.31M	390.98M	474.01M	404.31M	726.85M	948.26M	268.3M	492.43M	869.57M	2.33B
Cash & Short-Term Investments	267.14M	297.44M	359.14M	250.48M	593.4M	874.69M	180.57M	235.84M	525.56M	831.1M
Cash Only	211.98M	137.7M	167.46M	90.45M	462.1M	874.69M	180.57M	235.84M	525.56M	831.1M
Short-Term Investments	55.16M	159.74M	191.69M	160.03M	131.29M	0	0	0	0	0
Accounts Receivable	53.16M	65.25M	78.92M	124.77M	52.01M	59.34M	45.45M	147.03M	221.41M	558.3M
Days Sales Outstanding	26.61	29.73	30.97	47.42	19.49	19.78	14.55	32.04	28.82	43.04
Inventory	6.53M	8.33M	7.75M	8.25M	8.39M	0	0	0	0	0
Days Inventory Outstanding	5.26	5.44	4.46	4.48	5.17	-	-	-	-	-
Other Current Assets	22.48M	19.96M	28.19M	20.81M	73.06M	13.45M	33.98M	43.53M	25.02M	939.7M
Total Non-Current Assets+	256.77M	223.52M	231.32M	609.69M	592.03M	3.35B	3.31B	12.2B	11.83B	13.17B
Property, Plant & Equipment	132.63M	131.32M	148.09M	485.5M	485.87M	193.21M	198.32M	899.63M	805.02M	926.5M
Fixed Asset Turnover	5.50x	6.10x	6.28x	1.98x	2.01x	5.67x	5.75x	1.86x	3.48x	5.11x
Goodwill	0	0	0	0	0	2.6B	2.6B	7.67B	7.66B	8.44B
Intangible Assets	0	0	0	0	0	522.35M	475.76M	3.56B	3.26B	3.33B
Long-Term Investments	24.96M	27.37M	30.2M	28.11M	11.15M	1.75M	6.02M	16.39M	32.16M	131.5M
Other Non-Current Assets	61.45M	45.85M	30.87M	67.11M	63.41M	27.97M	-31.62M	52.14M	65.5M	335.9M
Total Assets+	606.08M	614.51M	705.33M	1.01B	1.32B	4.3B	3.58B	12.69B	12.7B	15.5B
Asset Turnover	1.20x	1.30x	1.32x	0.95x	0.74x	0.25x	0.32x	0.13x	0.22x	0.31x
Asset Growth %	47.56%	1.39%	14.78%	43.76%	30.07%	225.74%	-16.65%	254.42%	0.07%	22.01%
Total Current Liabilities+	133.13M	138.19M	357.54M	344.34M	497.47M	187.32M	230.18M	472.14M	670.66M	1.85B
Accounts Payable	10.12M	12.73M	12.2M	9.28M	7.27M	11.64M	16.84M	42.04M	29.68M	194.8M
Days Payables Outstanding	8.14	8.31	7.02	5.04	4.48	6.54	15.94	22.59	8.38	39.25
Short-Term Debt	6.12M	4.64M	188.21M	206.81M	308.64M	22.89M	24.48M	22.37M	26.51M	78.4M
Deferred Revenue (Current)	56.65M	55.82M	49.17M	56.94M	62.89M	50.69M	71.62M	118.99M	101.24M	663M
Other Current Liabilities	31.21M	35.48M	60.6M	56.18M	86.72M	2.37M	88.55M	9M	16.34M	910.9M
Current Ratio	2.62x	2.83x	1.33x	1.17x	1.46x	5.06x	1.17x	1.04x	1.30x	1.26x
Quick Ratio	2.57x	2.77x	1.30x	1.15x	1.44x	5.06x	1.17x	1.04x	1.30x	1.26x
Cash Conversion Cycle	23.72	26.86	28.41	46.86	20.17	-	-	-	-	-
Total Non-Current Liabilities+	233.2M	223.35M	31.55M	394.33M	437.42M	2.85B	2.77B	3.37B	3.31B	4.4B
Long-Term Debt	196.6M	208.86M	25.7M	22.1M	21.7M	2.81B	2.74B	2.71B	2.73B	3.98B
Capital Lease Obligations	0	0	0	350.04M	389.62M	18.59M	22.59M	278.2M	258.32M	0
Deferred Tax Liabilities	5.17M	3.39M	5.03M	21.77M	21.57M	0	15.69M	372.86M	312.21M	301.7M
Other Non-Current Liabilities	725K	11.11M	827K	429K	4.54M	22.92M	-13.93M	3.05M	7.46M	112.2M
Total Liabilities	366.33M	361.55M	389.09M	738.67M	934.89M	3.04B	3B	3.84B	3.98B	6.25B
Total Debt+	202.72M	213.5M	213.9M	578.95M	719.96M	2.85B	2.78B	3.03B	3.04B	4.06B
Net Debt	-9.25M	75.8M	46.45M	488.5M	257.86M	1.98B	2.6B	2.79B	2.51B	3.23B
Debt / Equity	0.85x	0.84x	0.68x	2.10x	1.87x	2.27x	4.81x	0.34x	0.35x	0.44x
Debt / EBITDA	1.71x	1.46x	1.16x	2.90x	2.44x	8.54x	4.60x	4.03x	2.60x	3.08x
Net Debt / EBITDA	-0.08x	0.52x	0.25x	2.45x	0.87x	5.92x	4.30x	3.72x	2.15x	2.45x
Interest Coverage	18.70x	5.50x	7.43x	4.46x	5.86x	7.62x	3.91x	2.45x	3.11x	-
Total Equity+	239.74M	252.96M	316.24M	275.33M	383.99M	1.26B	578.82M	8.85B	8.72B	9.25B
Equity Growth %	14.54%	5.51%	25.02%	-12.94%	39.47%	227.76%	-54.01%	1429.06%	-1.49%	6.1%
Book Value per Share	3.09	3.22	3.57	3.05	4.62	15.13	6.96	106.88	50.73	47.54
Total Shareholders' Equity	239.74M	252.96M	316.24M	275.33M	383.99M	1.25B	568.92M	4.11B	4.09B	3.74B
Common Stock	764K	771K	780K	773K	778K	1.25B	568.07M	2K	2K	2K
Retained Earnings	-167.3M	-172.39M	-101.33M	-133.66M	-56.33M	0	0	-135.23M	-291.73M	-797.3M
Treasury Stock	0	0	0	0	0	0	0	0	0	0
Accumulated OCI	2.9M	2.37M	1.5M	2.86M	2.98M	-2.52M	846K	-332K	-2.55M	-17.5M
Minority Interest	0	0	0	0	0	9.7M	9.91M	4.74B	4.63B	5.51B

Cash Flow

	Dec 2016	Dec 2017	Dec 2018	Dec 2019	Dec 2020	Dec 2021	Dec 2022	Dec 2023	Dec 2024	Dec 2025
Cash from Operations+	56.62M	96.59M	186.72M	120.98M	319.87M	178.6M	501.72M	468.38M	583.41M	1.29B
Operating CF Margin %	7.76%	12.06%	20.07%	12.6%	32.83%	16.31%	44.01%	27.96%	20.8%	27.15%
Operating CF Growth %	14.26%	70.59%	93.31%	-35.21%	164.39%	-44.17%	180.93%	-6.65%	24.56%	120.38%
Net Income	33.84M	32.64M	99.59M	77.06M	131.77M	177.41M	389.02M	175.72M	6.38M	546.2M
Depreciation & Amortization	62.02M	65.07M	70.16M	83.28M	86.19M	77.92M	60.03M	164.62M	392.84M	485M
Stock-Based Compensation	0	0	0	0	0	0	23.74M	57.11M	94.64M	117.6M
Deferred Taxes	12.15M	13.57M	-1.06M	9.92M	-3.02M	-2.99M	2.33M	6.83M	0	0
Other Non-Cash Items	142.64M	171M	160.33M	46.07M	62.76M	26.02M	28.67M	36.17M	-1.3M	136.9M
Working Capital Changes	-68.51M	-49.36M	-25.79M	-95.35M	42.17M	-99.76M	-2.08M	27.93M	90.86M	0
Change in Receivables	5.46M	-12.51M	-3.53M	-41.49M	70.04M	-120.63M	-26.4M	15.07M	-52.68M	-140.2M
Change in Inventory	-364K	-1.8M	579K	-499K	-1.29M	1.16M	5.63M	0	0	0
Change in Payables	-6.58M	8.11M	26.75M	-31.95M	5.09M	22.72M	-5.18M	38.19M	220.85M	97.6M
Cash from Investing+	-24.09M	-133.74M	-66.09M	-35.81M	11.88M	-188.81M	-13.26M	12.28M	-59.05M	-146.9M
Capital Expenditures	-29.9M	-24.71M	-32.27M	-69.09M	-27.66M	-39.23M	-12.4M	-48.63M	0	0
CapEx % of Revenue	4.1%	3.09%	3.47%	7.19%	2.84%	3.58%	1.09%	2.9%	2.67%	-
Acquisitions	0	0	0	0	0	0	-875K	381.15M	0	-8.7M
Investments	-	-	-	-	-	-	-	-	-	-
Other Investing	0	0	1M	1.44M	0	4.33M	-17.61M	-321.01M	-59.05M	-140.1M
Cash from Financing+	141.43M	-37.13M	-90.88M	-162.19M	39.91M	-317.06M	-1.18B	-424.47M	-232.26M	-635.7M
Debt Issued (Net)	156.24M	5.86M	-4.78M	-13.46M	85.61M	-112.35M	-82.6M	-33.41M	7.52M	0
Equity Issued (Net)	1000K	1000K	1000K	-1000K	1000K	-1000K	0	-1000K	-1000K	0
Dividends Paid	-36.56M	-36.85M	-37.24M	-37.43M	-37.25M	-36.41M	-1.1B	-296.59M	-67.26M	-185.2M
Share Repurchases	0	0	0	-83.44M	0	-165.63M	-2.88M	-100M	-165M	-866.8M
Other Financing	893K	-9.16M	-50.8M	-30.18M	-11.08M	-5.64M	-2.88M	5.52M	-7.53M	-450.5M
Net Change in Cash	173.96M	-74.28M	29.76M	-77.01M	371.65M	-327.27M	-694.11M	55.27M	289.72M	507.9M
Free Cash Flow+	26.72M	71.88M	154.44M	51.9M	292.21M	139.37M	489.32M	419.75M	508.46M	1.29B
FCF Margin %	3.66%	8.97%	16.6%	5.4%	29.99%	12.73%	42.92%	25.06%	18.13%	27.15%
FCF Growth %	-9.57%	169.03%	114.87%	-66.4%	463.05%	-52.31%	251.11%	-14.22%	21.13%	152.86%
FCF per Share	0.34	0.92	1.74	0.58	3.51	1.68	5.88	5.07	2.96	6.61
FCF Conversion (FCF/Net Income)	1.67x	2.96x	1.87x	1.57x	2.43x	1.01x	1.30x	-13.30x	62.01x	2.41x
Interest Paid	0	0	0	0	103M	0	118.31M	226.5M	267.51M	0
Taxes Paid	0	0	0	0	10.18M	0	14.79M	23.2M	89.02M	0

Key Ratios

Metric	2016	2017	2018	2019	2020	2021	2022	2023	2024	2025
Return on Equity (ROE)	15.07%	13.25%	34.99%	26.05%	39.97%	21.6%	42.15%	-0.75%	0.11%	5.93%
Return on Invested Capital (ROIC)	20.01%	21.74%	24.83%	15.51%	22.25%	9.9%	12.74%	5.93%	5.08%	5.28%
Gross Margin	37.79%	30.2%	31.81%	30%	39.22%	40.73%	66.18%	59.45%	53.9%	-42.97%
Net Margin	4.64%	4.08%	10.71%	8.02%	13.53%	16.2%	33.97%	-2.1%	0.34%	11.25%
Debt / Equity	0.85x	0.84x	0.68x	2.10x	1.87x	2.27x	4.81x	0.34x	0.35x	0.44x
Interest Coverage	18.70x	5.50x	7.43x	4.46x	5.86x	7.62x	3.91x	2.45x	3.11x	-
FCF Conversion	1.67x	2.96x	1.87x	1.57x	2.43x	1.01x	1.30x	-13.30x	62.01x	2.41x
Revenue Growth	10.69%	9.84%	16.13%	3.26%	1.43%	12.42%	4.11%	46.91%	67.43%	68.85%

TKO Group Holdings, Inc. (TKO) 10-Year Financial Performance & Capital Metrics

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Price & Volume

Growth Metrics

Revenue CAGR

Profit (Net Income) CAGR

EPS CAGR

ROCE

Peer Comparison

Compare TKO vs Peers

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Profit & Loss

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Deep Dive Analysis

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Total Return Calculator

Dividend History

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Revenue History

Financial Ratios

TKO Group Holdings, Inc. (TKO) 10-Year Financial Performance & Capital Metrics

Key Insights

✓Strengths

✗Weaknesses

Price & Volume

Growth Metrics

Revenue CAGR

Profit (Net Income) CAGR

EPS CAGR

ROCE

Peer Comparison

Compare TKO vs Peers

vs LYV

vs FWONK

Compare Top 5

Profit & Loss

Balance Sheet

Cash Flow

Key Ratios

Deep Dive Analysis

Valuation Overview

Total Return Calculator

Dividend History

Earnings History

Price History

Revenue History

Financial Ratios