IMAX vs TKO Group
Add, change or remove companies; up to four.
KIRAβs take AI analyst
I put IMAX and TKO Group side by side, using each oneβs latest annual report. Here is what stands out:
- TKO Group is the larger business, with $4.7B of revenue in fiscal 2025 against $410M for IMAX, about 12 times as much.
- IMAX grew revenue faster (16.5%, against β3.1%).
- IMAX kept more of each dollar of sales as operating profit (20.5% operating margin, against 17.6%).
Who comes out ahead
Of the 5 measures where higher (or lower) is clearly better, how many each company leads.
IMAX
IMAX
5/5
Revenue growthOperating marginNet marginReturn on equityShare count change
TKO Group
TKO
0/5
Side by side
Best in the row
| Latest fiscal year | IMAX FY25 | TKO FY25 |
|---|---|---|
| Size | ||
| Market cap | $3.0B | $13.0B |
| Revenue | $410M | $4.7B |
| Free cash flow | $119M | β |
| Net income | $34.9M | $195M |
| Growth | ||
| Revenue growth | 16.5% | β3.1% |
| 5-year growth | 24.5% | β |
| Share count change | 3.1% | 12.9% |
| Profitability | ||
| Gross margin | 60.0% | β |
| Operating margin | 20.5% | 17.6% |
| Net margin | 8.5% | 4.1% |
| FCF margin | 29.0% | β |
| Return on capital | β | 5.9% |
| Return on equity | 10.9% | 5.0% |
| Balance sheet | ||
| Net debt | β | $3.2B |
| Net debt / EBITDA | β | 2.4x |
| Dividends and buybacks | $0.0M | $1.1B |
| Valuation & quality | ||
| P/E | 74.1x | β |
| Piotroski F-score | β | 5 |
Ten years
Revenue
FY16
IMAX $377M
TKO β
FY17
IMAX $381M
TKO β
FY18
IMAX $374M
TKO β
FY19
IMAX $396M
TKO β
FY20
IMAX $137M
TKO β
FY21
IMAX $255M
TKO $1.0B
FY22
IMAX $301M
TKO $1.1B
FY23
IMAX $375M
TKO $3.2B
FY24
IMAX $352M
TKO $4.9B
FY25
IMAX $410M
TKO $4.7B
IMAX
TKO
Operating margin
FY16
IMAX 15.5%
TKO β
FY17
IMAX 8.3%
TKO β
FY18
IMAX 12.1%
TKO β
FY19
IMAX 19.5%
TKO β
FY20
IMAX β88.9%
TKO β
FY21
IMAX 4.3%
TKO 37.9%
FY22
IMAX β1.6%
TKO 47.8%
FY23
IMAX 13.5%
TKO 11.7%
FY24
IMAX 12.5%
TKO 0.6%
FY25
IMAX 20.5%
TKO 17.6%
IMAX
TKO
Free cash flow
FY16
IMAX $62.6M
TKO β
FY17
IMAX $61.2M
TKO β
FY18
IMAX $96.6M
TKO β
FY19
IMAX $83.0M
TKO β
FY20
IMAX β$23.7M
TKO β
FY21
IMAX $2.5M
TKO β
FY22
IMAX $8.9M
TKO β
FY23
IMAX $52.1M
TKO β
FY24
IMAX $62.4M
TKO β
FY25
IMAX $119M
TKO β
IMAX
TKO
Return on capital
FY16
IMAX β
TKO β
FY17
IMAX β
TKO β
FY18
IMAX β
TKO β
FY19
IMAX β
TKO β
FY20
IMAX β
TKO β
FY21
IMAX β
TKO β
FY22
IMAX β
TKO β
FY23
IMAX β
TKO 3.4%
FY24
IMAX β
TKO 0.2%
FY25
IMAX β
TKO 5.9%
IMAX
TKO
Each company's latest fiscal year; fiscal years end in different months. The best value in each row is highlighted where higher (or lower) is clearly better. Not investment advice.