TKO Group
TKO NYSE· Movies & Entertainment
Last close · Oct 27, 2026
$172.18
KIRA · Stoqly’s AI analyst, in plain words
- TKO Group had $4.7B of revenue in fiscal 2025, down 3.1% on the year before.
- Its operating margin was 17.6%, up 17.0 pts: of every 100 in sales, about 18 is left after running the business.
- TKO Group made $195M of net profit in fiscal 2025.
- TKO Group returned $1.1B to shareholders in fiscal 2025. The diluted share count rose 12.9%.
- TKO Group owes $3.2B more than it holds in cash, about 2.4 years of operating profit.
Market cap
$13.1B
P/E
—
Revenue
$4.7B
Net income
$195M
Free cash flow
—
Operating margin
17.6%
TKO Group in 30 seconds · fiscal 2025
Are sales growing?
−3.1%
No. Sales fell 3.1% last year.
Does it make a profit?
4.1%
A little. It keeps 4.1% of every sale as profit.
Is debt under control?
2.4x
Keep an eye on it. Repaying its debt would take 2.4 years of operating profit.
How healthy are the accounts?
5 / 8
Mixed. It passes 5 of 8 health tests.
What TKO Group does
TKO owns UFC, the mixed martial arts league, and WWE, the professional wrestling company, along with Professional Bull Riders, and runs the Zuffa Boxing promotion through a joint venture. It owns IMG, a sports marketing agency, and On Location, which sells tickets and hospitality packages for major events such as the Olympics and the Super Bowl. TKO says its properties reach more than 1 billion households and that it held over 500 live events in 2025. TKO reports three segments: UFC, WWE and IMG. It makes money mainly from selling the rights to show its fights and shows to TV networks and streaming services under multiyear contracts. Starting in 2026, Paramount became the only US home for UFC events, and Netflix carries WWE's weekly Raw show. It also earns from ticket sales and fees paid by host cities, from sponsorships and advertising, and from licensing its brands for video games, toys and merchandise. Revenue was $4,735.2 million in 2025.
Biggest risks, in its own words
- Its reliance on a few TV and streaming partners to carry its events, and on renewing those deals on good terms.
- Losing popular fighters and wrestlers, or fans losing interest in its events and shows.
- Bad publicity about the company or its leaders, including an investigation into misconduct claims against WWE's founder.
- Its large debt, and the risk that buying IMG and On Location does not bring the expected benefits.
- Fiscal year ends
- December 31, 2025
- Latest annual report
- 10-K · Feb 25, 2026
- Legal name
- TKO GROUP HOLDINGS, INC.
- CIK
- 0001973266
TKO Group · TKO
Results and finances
The last 5 fiscal years. Amounts in USD.
| Fiscal year | FY21 | FY22 | FY23 | FY24 | FY25 |
|---|---|---|---|---|---|
| Sales and profit | |||||
| Revenue | $1.0B | $1.1B | $3.2B | $4.9B | $4.7B |
| Revenue growth | — | 10.5% | 182.8% | 51.5% | −3.1% |
| Operating margin | 37.9% | 47.8% | 11.7% | 0.6% | 17.6% |
| Net income | $274M | $389M | −$35.2M | $9.4M | $195M |
| Net margin | 26.5% | 34.1% | −1.1% | 0.2% | 4.1% |
| Diluted EPS | — | — | −$0.43 | $0.02 | $2.26 |
| Cash | |||||
| Cash from operations | $441M | $502M | $266M | $586M | $1.3B |
| Dividends paid | $0.0M | $0.0M | $0.0M | $0.0M | $185M |
| Share buybacks | $0.0M | $0.0M | $100M | $165M | $867M |
| Share count change | — | — | — | 107.6% | 12.9% |
| Debt and strength | |||||
| Cash and short-term investments | $875M | $181M | $236M | $620M | $831M |
| Debt incl. finance leases | — | $2.8B | $3.0B | $3.0B | $4.0B |
| Shareholders' equity | $1.2B | $569M | $4.1B | $4.1B | $3.7B |
| Net debt / EBITDA | — | 4.3x | 4.6x | 4.9x | 2.4x |
| Current ratio | — | 1.2x | 1.0x | 1.1x | 1.3x |
| Interest coverage | 3.8x | 3.9x | 1.6x | 0.1x | 4.1x |
| Returns and quality | |||||
| Return on capital | — | — | 3.4% | 0.2% | 5.9% |
| Return on equity | — | — | −1.5% | 0.2% | 5.0% |
| Piotroski F-score | — | — | — | 6 | 5 |
| Altman Z'' | — | — | 3.0 | 2.1 | 2.0 |
Insiders bought, 12 months
$5.5M
4 insiders
Insiders sold, 12 months
$68.9M
6 insiders
Of sales under plans
100%
$68.9M
How to read these numbers
- Revenue:
- Total sales reported in the income statement.
- Operating margin:
- Operating income as a share of revenue.
- Net income:
- Profit after all expenses, interest and tax.
- Free cash flow:
- Cash from operations minus capital spending.
- Net debt / EBITDA:
- Years of EBITDA needed to pay off net debt. Below zero means more cash than debt.
- Return on capital:
- After-tax operating income as a share of the money invested in the business: debt plus equity, minus cash.
TKO Group · TKO
Charts and comparison
Ten years at a glance, and how it stacks up against similar companies.
Revenue
Net income
Margins, % of revenue
Cash vs debt (incl. leases)
Free cash flow
Dividends and buybacks
Similar companies
Each company’s latest fiscal year. Fiscal years end in different months, so periods don’t line up exactly.
| Company | Market cap | Growth | Op. margin | FCF margin | ROIC | P/E | F-score |
|---|---|---|---|---|---|---|---|
| TKO Group TKO | $13.1B | −3.1% | 17.6% | — | 5.9% | — | 5 |
| Roku ROKU | $23.8B | 15.2% | −0.1% | 10.1% | — | 66.7x | 6 |
| AMC Entertainment AMC | $2.2B | 4.6% | −0.4% | −7.6% | −0.8% | — | 2 |
| Warner Music Group WMG | — | 4.4% | 10.4% | 8.0% | 12.2% | — | — |
| Lionsgate Studios LION | $3.6B | 1.8% | 3.7% | 0.4% | 8.3% | — | 5 |
KIRA
At $172.18 a share, the company is worth $13.1B.
TKO Group grew sales faster than 0 of its 4 similar companies.
Source: SEC EDGAR XBRL filings (CIK 0001973266). Data updated October 9, 2026. For information only — not investment advice. Check the original filings before relying on any figure.