TKO Group Holdings, Inc.

Services-Amusement & Recreation Services

TKOStrained6 of 11 basics passed

$178.01

-1.99%

Market cap $13.0B

$178.01

-1.99%

Market cap $13.0B

TKO Group Holdings Inc is a sports and sports entertainment company that operates combat sports and sports entertainment companies. It owns and manages valuable sports and entertainment intellectual property.

It is a $13.0B consumer company. Revenue grew 35.9% over the last year, it keeps 4¢ of every dollar of sales as profit, and its net debt equals ~1.7 years of free cash flow. It trades at 145.3× earnings.

Website: tkogrp.com
Location: New York, NY
Employees: 4 000
Sector: Consumer Cyclical

Share price · 3 years

$82.06 → $178.01+116.9%

price only — dividends excluded

Key facts · TTM

Revenue: total sales; $5.30B
Profit: keeps 4¢ of every $1 sold; $230M
Free cash flow: cash left after running the business; $1.67B
Net debt: debt minus cash on hand; $2.89B
P/E: years of profit in the price; 145.3
EPS: earnings per share, TTM; $1.18
Dividend: pays out 77% of profit · 6% of FCF; 0.71%
Shares: up 17% since 2022 — dilution; 194.0M
Volatility: beta vs the market — under 1 swings less; 0.65

Revenue, last 5 years

52-week range

Low $175.58$178.01High $224.96

Today's price is 5% of the way from the year's low to its high.

Valuation vs own history

P/E

56.7×

99%

P/S

2.5×

100%

EV/EBITDA

16.3×

100%

P/B

1.6×

99%

FCF yield

12.9%

97%

Share of the last ~5 years that was pricier than today (unusually cheap vs its own history). Based on the daily valuation record.

Insider activity · 90 days

-$3.10Mnet selling

Purchases$0

Sales$3.10M

Insiders trading, last 14d0 buy · 0 sell

Standing in Consumer Cyclical

Size$13.0Btop 66%
Revenue growth+54%top 1%
Net margin5%top 61%
Return on equity7%top 82%
P/E145.3×top 95%
Dividend yield0.71%top 90%

Ranked against 99 Consumer Cyclical companies with a full CV — for P/E, lower ranks higher.

Skills

Six independent scores, 0–100, built from reported numbers and valuation history. Click a row to see how it was scored.

Profitability, Health and Quality lag behind.

Valuation67

P/E vs own history1th pct · 25/25
FCF yield12.9% · 25/25
P/S7.9x · 12/25
EV/EBITDA29.0x · 5/25

Growth50

Revenue CAGR46.4% · 25/25
Net income CAGRn/a · 0/25
EPS CAGR ~5Y-24.4% · 0/25
Fwd implied growth343.6% · 25/25

Profitability36

ROIC5.4% · 5/25
ROE6.6% · 5/25
Net margin4.3% · 6/25
Operating margin22.1% · 20/25

Health34

Altman Zn/a · 0/25
Current ratio1.28 · 12/25
Interest coverage4.3x · 10/25
Net cash / debtD/A 19% · 12/25

Quality33

Piotroski F5/9 · 15/25
Beneish M-1.86 · 12/25
FCF conversionn/a · 0/25
Margin stabilityσ 20.5% · 6/25

Moat55

ROIC >12% years1/5 yrs · 0/25
Median gross margin71.4% · 25/25
FCF-positive years5/5 yrs · 25/25
Worst-year net marginworst -2.1% · 5/25

How the scores work →

Experience

The company's career so far — founding, the IPO, landmark products and acquisitions, plus revenue milestones and insider buying.

FY2022Financial
First recorded profitable year
$387M net income
FY2022Financial
Best year on record
$387M net income
FY2021Financial
Revenue already above $1B
$1.03B in first reported year
FY2021Financial
Positive free cash flow every year since
5-year streak

Achievements

Verifiable track record, straight from the reported numbers.

$10 000 invested in 2023 would be worth ~$17 274 today — price return only

$4.7B revenue in FY2025

Revenue up 35.9% year over year

Positive free cash flow 5 years in a row

4 000 employees

Strengths & watch-outs

What a bull and a bear would each point to. Both lists come from the reported numbers, not opinions.

Strengths

High gross margin (59.4%)
Revenue growing 35.9% year over year
Strong cash conversion — FCF is 31.5% of revenue

Watch-outs

Loss-making in 1 of the recent years

Qualifications

The basics a company should meet before you research it further. Each check uses the reported numbers.

6 of 11 checks passed

Revenue growing — the company sells more than a year ago+35.9% YoY
Profitable — makes more than it spends$230M TTM
Profit growing — earnings are higher than last year-23.1% YoY
Generates cash — cash left after running and investing$1.67B TTM
Debt under control — could handle its obligations~1.7y of cash flow to repay
Established company — not a micro-cap — lower blow-up risk$13.0B market cap
Not printing shares — share count not ballooning — you keep your slice+16.6% shares over ~5y
Proven track record — years of profitability behind it3/5 profitable years
Financially stable — balance sheet not near distresshealth score 30/100
Pays a dividend — returns cash to shareholdersyield 0.71%
Valuation not extreme — price not wildly above earningsP/E 145.3

Peer comparisonTKO Group Holdings, Inc. vs 6 largest consumer cyclical peers — cap, P/E, growth and margin side by sideOpen ▾

Company	Market cap	P/E	Revenue growth	Net margin	Profile
TKO this company	$13.0B	145.3	+35.9%	4.3%	Strained
AMZN Amazon.Com Inc	$2.8T	20.9	+15.8%	17.4%	Mixed
TSLA Tesla, Inc.	$1.5T	397.1	+11.8%	3.7%	Strong
NFLX NetFlix Inc	$292.8B	21.4	+16.0%	28.2%	Solid
HD Home Depot, Inc.	$290.4B	20.4	-16.0%	8.7%	Solid
DIS The Walt Disney Company	$186.5B	21.7	+4.6%	8.7%	Solid
MCD McDonald's Corporation	$166.9B	18.9	+6.3%	31.7%	Strained

Head-to-head: TKO vs AMZN · TKO vs TSLA · TKO vs NFLX

References

What covering analysts publish about the company — information only, not a recommendation.

Strong buy 9Buy 12Hold 6

Appendix · Financial records

The full statements behind this CV, FY2021–FY2025. For readers who want to check the numbers.

Profit & lossRevenue $5.30B · net income $230M (TTM)Open ▾

Profit & loss

Revenue and profit over the company's career — the income statement, visualised.

How FY2025 revenue flows to profit

RevenueNet income

Revenue (TTM)

$5.30B

YoY 35.9%

Net income (TTM)

$230M

Margin 4.3%

Gross margin

59.4%

Operating margin

22.1%

P/E ratio

145.3

Dividend yield

0.71%

Income statement — full detail

Figures in USD billions · EPS in USD

	2021	2022	2023	2024	2025
Revenue	1.0	1.1	1.7	2.8	4.7
Gross profit	0.7	0.8	1.6	2.3	2.8
Operating income (EBIT)	0.4	0.5	0.4	0.3	0.8
Net income	—	0.4	-0.0	0.0	0.2
EPS (diluted)	—	2.33	-0.21	0.05	1.01

Cash flowFree cash flow $1.67B · operating cash flow $1.80B (TTM)Open ▾

Cash flow statement

Cash generated by the business and what is left after investment — year by year.

Operating cash flowFree cash flow

Free cash flow (TTM)

$1.67B

Margin 31.5%

Operating cash flow (TTM)

$1.80B

Cash flow statement — full detail

Figures in USD billions

	2021	2022	2023	2024	2025
Operating cash flow	0.4	0.5	0.5	0.6	1.3
Capital expenditure	-0.0	-0.0	-0.1	-0.1	-0.1
Free cash flow	0.4	0.5	0.4	0.5	1.2
FCF margin	41.7%	42.9%	22.4%	16.6%	24.5%

Balance sheetAssets $15.5B · net debt $2.89B (FY2025)Open ▾

Balance sheet

How the balance sheet is built — what it owns versus how it is financed.

How $15.5B of assets is financed

63%

37%

Liabilities $6.25B — borrowed moneyEquity $3.74B — owners' stake

Cash vs debt

Total debt $3.72B − cash $831M = net debt $2.89B

Cash on hand covers 22% of debt.

Interest coverage

4.3x

EBIT ÷ interest expense

ROE

6.6%

Profit per $1 of equity

Balance sheet — full detail

Figures in USD billions

	2021	2022	2023	2024	2025
Cash & equivalents	0.9	0.2	0.2	0.5	0.8
Total assets	4.3	3.6	12.7	12.7	15.5
Total liabilities	3.0	3.0	3.8	4.0	6.2
Total debt	2.9	2.8	2.7	2.7	3.7
Equity	1.3	0.6	4.1	4.1	3.7
Net debt	2.0	2.6	2.5	2.2	2.9

Want the live picture — intraday moves, valuation history and full analysis?

Deeper analysis of TKO on PreMarketPrice

Figures are derived from company filings (quarterly values normalised from as-filed year-to-date data where applicable) and may be delayed, restated or incomplete. This page is information, not investment advice. Latest price $178.01 · market cap $13.0B.