TKO Group Holdings, Inc. TKO

Communication services SIC 7900 - Services-Amusement & Recreation Services NAICS Arts, Entertainment, and Recreation › Amusement, Gambling, and Recreation Industries › Other Amusement and Recreation Industries derived NYSE

TKO is a premium sports and entertainment company. TKO's businesses include UFC, the world's premier mixed martial arts ("MMA") organization; WWE, the global leader in sports entertainment; Professional Bull Riders ("PBR"), the world's premier bull riding organization; and its joint venture Zuffa Boxing, a professional boxing promotion. Together, these properties reach more than 1 billion households across 210 countries and territories and organize more than 500 live events year-round, attracting more than three million fans. TKO also services and partners with major sports rights holders through IMG, an industry-leading global sports marketing agency; and On Location, a global leader in premium experiential hospitality.

Last close 173.07 2026-10-23
Market cap $12.95B estimated share count
52-week range 170.92 - 226.94

Valuation FY2025 figures against the last close

P/S2.7x
P/E76.6x
P/FCF10.1x
EV/EBITDA12.0x
Dividend yield1.4%
Diluted EPS2.26

Where the revenue comes from as reported in the latest 10-K

Revenue by geography

  • North America
  • Europe/Middle East/Africa
  • Asia Pacific
  • Latin America
Revenue by geography, 4 categories over 3 years. The same figures are in the table below. FY2025 North America, FY2025: 3.5B (74.2%) 74% North America Europe/Middle East/Africa, FY2025: 898.1M (19.0%) 19% Europe/Middle East/Africa Asia Pacific, FY2025: 241.7M (5.1%) 5% Latin America, FY2025: 80.5M (1.7%) FY2024 North America, FY2024: 3B (61.4%) 61% Europe/Middle East/Africa, FY2024: 1.5B (29.9%) 30% Asia Pacific, FY2024: 337.5M (6.9%) 7% Latin America, FY2024: 87.8M (1.8%) FY2023 North America, FY2023: 2.1B (65.0%) 65% Europe/Middle East/Africa, FY2023: 767.9M (23.8%) 24% Asia Pacific, FY2023: 285.7M (8.9%) 9% Latin America, FY2023: 74.9M (2.3%)
Region FY2025FY2024FY2023
North America $3.51B $3.00B $2.10B
Europe/Middle East/Africa $898.1M $1.46B $767.9M
Asia Pacific $241.7M $337.5M $285.7M
Latin America $80.5M $87.8M $74.9M

As the company reported it, from the “SEGMENT INFORMATION (Schedule of Revenue by Geographic Region) (Details)” note of its latest 10-K. Every figure here has been checked against the total revenue the same filing reported. Regions are the filer's own and are not mapped onto a standard list — one company's “Americas” and another's “United States” are different areas, and making them look comparable would mean making at least one of them wrong. Slices under 1% are folded into “Other”.

Annual financial statements

Income statement

Fiscal year FY2025FY2024FY2023FY2022FY2021FY2020
Revenue $4.74B$4.88B$3.22B$2.67B$1.03B—
SG&A $1.51B$1.77B$1.03B$637.1M$242.0M—
Total operating expenses $3.90B$4.85B$2.85B$2.14B$640.8M—
Operating income $835.0M$30.9M$375.8M$532.9M$391.1M—
Interest expense $202.7M$235.8M$229.6M$134.1M$102.2M—
Pre-tax income $606.6M-$210.2M$167.0M$368.1M$289.4M—
Income tax $73.8M$37.3M$33.2M$15.9M$15.8M—
Net income $546.3M$6.4M$175.7M$0$273.6M—
EPS, basic 2.420.12-0.43———
EPS, diluted 2.260.02-0.43———
Shares, diluted (wtd. avg.) 194.0M171.9M82.8M———

Balance sheet

Fiscal year FY2025FY2024FY2023FY2022FY2021FY2020
Cash and equivalents $831.1M$619.8M$371.8M$316.0M$874.7M$282.2M
Receivables $558.3M$423.0M$135.4M$45.4M——
Total current assets $2.33B$1.53B$492.4M$268.3M——
Property, plant and equipment $639.9M$629.9M$608.4M$175.0M——
Goodwill $8.44B$8.44B$8.44B$2.60B——
Other intangibles $3.33B$3.65B$3.56B$475.8M——
Total assets $15.50B$15.11B$12.69B$3.58B——
Accounts payable $194.8M$246.3M$42.0M$16.8M——
Short-term debt $38.1M$27.0M$22.4M$22.7M——
Total current liabilities $1.85B$1.41B$472.1M$230.2M——
Long-term debt $3.72B$2.74B$2.71B$2.74B——
Total liabilities $6.25B$4.97B$3.84B$3.00B——
Retained earnings -$797.3M-$291.7M-$135.2M———
Total equity $3.74B$4.09B$10.44B$1.95B$1.25B$1.11B

Cash flow

Fiscal year FY2025FY2024FY2023FY2022FY2021FY2020
Operating cash flow $1.29B$586.1M$266.2M$394.8M$441.2M—
Depreciation and amortisation $485.0M$457.9M$224.1M$133.6M$63.2M—
Stock-based compensation $117.6M$103.5M$64.5M$31.6M$63.9M—
Investing cash flow -$146.9M-$117.2M-$36.0M-$47.7M-$11.5M—
Financing cash flow -$635.7M-$155.0M-$174.1M-$1.05B$162.5M—
Dividends paid $185.2M—————
Buybacks $866.8M$165.0M$100.0M$0——

Figures as tagged in each year's own filing, in US dollars. A year restated by a later filing shows the restated figure. Capital expenditure, dividends and buybacks are cash out, shown positive. A line the filer does not report is not listed. Latest from accession 0001193125-26-173833.

Plot the figures US dollars

Income statement Revenue Cost of revenue Gross profit R&D SG&A Total operating expenses Operating income Interest expense Pre-tax income Income tax Net income EPS, basic EPS, diluted Shares, diluted (wtd. avg.)
Balance sheet Cash and equivalents Short-term investments Receivables Inventory Total current assets Property, plant and equipment Goodwill Other intangibles Total assets Accounts payable Short-term debt Total current liabilities Long-term debt Total liabilities Retained earnings Total equity
Cash flow Operating cash flow Depreciation and amortisation Stock-based compensation Capital expenditure Investing cash flow Financing cash flow Dividends paid Buybacks
  • Revenue
  • Gross profit
  • Net income
Revenue, Gross profit, Net income by fiscal year, in US dollars The same figures are in the table below this chart. 0 2B 4B 6B Revenue, FY2021: 1B Net income, FY2021: 273.6M Revenue, FY2022: 2.7B Net income, FY2022: 0 Revenue, FY2023: 3.2B Net income, FY2023: 175.7M Revenue, FY2024: 4.9B Net income, FY2024: 6.4M Revenue, FY2025: 4.7B Net income, FY2025: 546.3M FY2020 FY2021 FY2022 FY2023 FY2024 FY2025
Fiscal year FY2020FY2021FY2022FY2023FY2024FY2025
Revenue — $1.03B $2.67B $3.22B $4.88B $4.74B
Gross profit — — — — — —
Net income — $273.6M $0 $175.7M $6.4M $546.3M

Recent filings and events

  • Results announced The quarterly or annual earnings release. Arrives four times a year from almost every company here. Item 2.02
  • Shareholder vote The results of the annual meeting or a special vote. Item 5.07
  • Other event The catch-all. The company chose to disclose something that fits no other item, so the content is whatever it says it is. Item 8.01
  • Results announced Item 2.02
  • Material agreement signed The company entered an agreement outside the ordinary course of business - a large contract, a credit facility, a merger agreement. Item 1.01
  • New debt or obligation The company has taken on debt or a comparable obligation. Item 2.03
  • Other event Item 8.01
  • Annual report filed A new 10-K. The figures and the business description on this site come from it. Form 10-K
  • Results announced Item 2.02
  • Results announced Item 2.02
  • Material agreement signed Item 1.01
  • New debt or obligation Item 2.03

Item numbers are Form 8-K's own, and a filing date is up to four business days after the thing it reports. The same feed across the whole market.

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