Last 20 quarters of trend data · Communication Services · Entertainment
Quarterly valuation ratios — annualised for comparability. YoY Δ shows same-quarter-prior-year change.
EV/EBITDA has expanded 151.6% YoY to 89.8x, reflecting rising market expectations or slowing EBITDA growth.
| Metric | TTM | Q4 '25 | Q3 '25 | Q2 '25 | Q1 '25 | Q4 '24 | Q3 '24 | Q2 '24 | Q1 '24 | Q4 '23 | Q3 '23 | Q2 '23 | Q1 '23 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| P/E Ratio → | 99.06 | — | 107.43 | 38.88 | 55.37 | 197.38 | 93.72 | 37.50 | — | — | — | 40.47 | 21.73 |
| — | — | +14.6% | +3.7% | — | — | — | -7.4% | — | — | — | +50.3% | +60.1% | |
| P/S Ratio | 5.49 | 9.79 | 8.97 | 6.93 | 5.47 | 9.51 | 7.79 | 1.85 | 1.46 | 2.75 | 3.89 | 6.92 | 6.19 |
| — | +2.9% | +15.2% | +274.1% | +275.6% | +246.2% | +100.2% | -73.2% | -76.5% | -50.9% | -9.1% | +65.4% | +58.9% | |
| P/B Ratio | 4.71 | 4.40 | 4.25 | 3.50 | 2.72 | 2.80 | 2.45 | 1.02 | 0.82 | 0.76 | 0.78 | 9.29 | 12.94 |
| — | +56.8% | +73.9% | +241.5% | +230.0% | +267.6% | +214.0% | -89.0% | -93.6% | -92.7% | -93.7% | -25.4% | +0.0% | |
| P/FCF | 20.23 | 35.96 | 25.19 | 21.40 | 51.16 | 167.26 | 18.95 | 7.88 | 236.66 | 9.14 | 7.78 | 19.85 | 29.14 |
| — | -78.5% | +33.0% | +171.5% | -78.4% | +1730.4% | +143.5% | -60.3% | +712.2% | -26.6% | +51.3% | -86.3% | +66.0% | |
| EV / EBITDA | 22.15 | 89.79 | 33.24 | 19.95 | 19.67 | 35.69 | 21.21 | 11.77 | 8.15 | 11.88 | 18.90 | 12.54 | 11.62 |
| — | +151.6% | +56.8% | +69.6% | +141.4% | +200.3% | +12.2% | -6.2% | -29.9% | -25.9% | +126.6% | -24.4% | -5.3% | |
| EV / EBIT | 35.01 | — | 63.65 | 26.90 | 33.12 | 66.97 | 43.12 | 25.20 | — | 37.09 | 26.37 | 14.90 | 13.76 |
| — | — | +47.6% | +6.7% | — | +80.5% | +63.5% | +69.2% | — | +103.9% | +185.5% | -31.5% | -10.8% |
Quarterly margins and returns. Watch for margin compression across consecutive quarters.
TKO Group Holdings, Inc.'s operating margin was -3.3% in Q4 2025, down 20.9 pp QoQ and down 19.6 pp YoY. This marks the 3rd consecutive quarter of margin compression, signaling a persistent pressure on profitability that investors should monitor. The trailing four-quarter average of 16.6% exceeds the current quarter, suggesting the latest result may reflect seasonal weakness or a one-off headwind. Gross margin contracted 842.5% YoY, suggesting cost inflation or competitive pricing pressure.
| Metric | TTM | Q4 '25 | Q3 '25 | Q2 '25 | Q1 '25 | Q4 '24 | Q3 '24 | Q2 '24 | Q1 '24 | Q4 '23 | Q3 '23 | Q2 '23 | Q1 '23 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Gross Margin | -43.0% | -377.5% | 49.2% | 56.0% | 47.3% | 50.8% | 55.2% | 40.5% | 40.5% | 48.7% | 63.9% | 67.9% | 66.0% |
| — | -842.5% | -10.8% | +38.3% | +17.0% | +4.4% | -13.7% | -40.4% | -38.7% | -24.2% | -3.7% | +83.0% | +53.8% | |
| Operating Margin | 17.6% | -3.3% | 17.6% | 29.5% | 22.5% | 16.4% | 26.7% | 10.6% | 14.9% | 16.0% | 20.9% | 50.9% | 51.3% |
| — | -119.9% | -34.1% | +178.3% | +51.2% | +2.5% | +27.8% | -79.1% | -71.0% | -64.0% | -58.0% | +140.8% | +85.1% | |
| Net Margin | 11.3% | -0.2% | 3.7% | 7.5% | 4.6% | 4.8% | 3.4% | 5.0% | -8.5% | -2.2% | -4.9% | 26.7% | 28.6% |
| — | -104.6% | +7.8% | +51.8% | +154.2% | +322.7% | +169.7% | -81.4% | -129.7% | -108.6% | -112.9% | +78.3% | +44.2% |
| Metric | TTM | Q4 '25 | Q3 '25 | Q2 '25 | Q1 '25 | Q4 '24 | Q3 '24 | Q2 '24 | Q1 '24 | Q4 '23 | Q3 '23 | Q2 '23 | Q1 '23 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| ROE | 5.9% | -0.0% | 0.4% | 1.0% | 0.6% | 0.4% | 0.3% | 0.7% | -1.2% | -0.1% | -0.4% | 10.9% | 15.0% |
| — | -106.9% | +54.8% | +39.7% | +152.0% | +338.6% | +160.4% | -93.7% | -107.9% | -101.1% | -101.6% | -6.6% | +88.9% | |
| ROA | 3.8% | -0.0% | 0.3% | 0.6% | 0.4% | 0.2% | 0.2% | 0.5% | -0.8% | -0.1% | -0.3% | 5.6% | 3.5% |
| — | -106.1% | +46.3% | +39.5% | +151.6% | +332.6% | +159.1% | -91.7% | -123.2% | -103.8% | -103.1% | +44.6% | +48.0% | |
| ROIC | 5.3% | -0.2% | 1.2% | 2.3% | 1.8% | 0.7% | 1.2% | 0.8% | 1.2% | 0.6% | 1.1% | 11.5% | 5.6% |
| — | -128.7% | -4.3% | +170.5% | +50.6% | +12.0% | +10.1% | -92.7% | -79.0% | -85.8% | -91.9% | +109.1% | +68.9% |
Quarterly solvency trend — watch for debt spikes or covenant pressure.
TKO Group Holdings, Inc.'s Debt/EBITDA ratio is 33.2x, up from 12.4x last quarter — elevated, raising questions about debt serviceability. Debt/Equity has risen for 3 consecutive quarters, indicating increasing financial leverage that investors should watch closely.
| Metric | TTM | Q4 '25 | Q3 '25 | Q2 '25 | Q1 '25 | Q4 '24 | Q3 '24 | Q2 '24 | Q1 '24 | Q4 '23 | Q3 '23 | Q2 '23 | Q1 '23 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Debt / Equity | 0.44 | 0.44 | 0.43 | 0.30 | 0.30 | 0.35 | 0.34 | 0.35 | 0.35 | 0.34 | 0.34 | 0.46 | 1.07 |
| — | +26.2% | +24.2% | -15.0% | -14.2% | +1.8% | +2.3% | -23.8% | -67.3% | -92.9% | -74.7% | -68.1% | -32.1% | |
| Debt / EBITDA | 3.08 | 33.25 | 12.39 | 6.30 | 7.96 | 16.08 | 10.67 | 12.20 | 9.97 | 15.08 | 23.26 | 2.43 | 3.65 |
| — | +106.8% | +16.1% | -48.4% | -20.2% | +6.6% | -54.1% | +401.2% | +173.5% | -26.6% | +596.9% | -65.0% | -33.0% | |
| Current Ratio | 1.26 | 1.26 | 1.46 | 1.30 | 1.25 | 1.30 | 1.17 | 0.99 | 0.99 | 1.04 | 1.25 | 3.78 | 1.61 |
| — | -2.7% | +24.4% | +30.3% | +26.5% | +24.3% | -6.6% | -73.7% | -39.0% | -10.5% | -14.3% | +136.6% | +5.9% | |
| Quick Ratio | 1.26 | 1.26 | 1.46 | 1.26 | 1.24 | 1.30 | 1.17 | 0.99 | 0.99 | 1.04 | 1.25 | 3.76 | 1.60 |
| — | -2.7% | +24.4% | +27.1% | +25.9% | +24.3% | -6.6% | -73.6% | -38.6% | -10.5% | -14.0% | +137.6% | +6.7% | |
| Interest Coverage | — | — | 3.88 | 8.02 | 6.37 | 1.87 | 2.90 | 2.01 | 2.97 | 1.47 | 1.55 | 2.68 | 2.92 |
| — | — | — | — | — | — | — | — | — | — | — | — | — |
Includes 30+ ratios · 20 years · Updated daily
Price is only half the story. See total return with reinvested dividends.
Launch CalculatorSee our Bear / Base / Bull DCF models and intrinsic value estimates.
View ValuationCompare performance and metrics against top competitors.
Start ComparisonTKO Group Holdings, Inc.'s current P/E is 99.1x. The average P/E over the last 3 quarters is 67.2x. Quarterly P/E ratios can vary due to seasonal revenue patterns and one-time charges.
TKO Group Holdings, Inc.'s current operating margin is 17.6%. Margins have been compressing over recent quarters. Quarterly margins are particularly useful for identifying trend inflections that annual data smooths over.
Quarterly financial ratios reveal short-term trend shifts — margin compression, debt spikes, or valuation re-ratings — that annual figures smooth over. They're essential for active investors tracking TKO Group Holdings, Inc.'s business trajectory between earnings reports.