TKO Group Holdings, Inc. TKO
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.
Valuation FY2025 figures against the last close
Annual financial statements
Income statement
| Fiscal year | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 |
|---|---|---|---|---|---|---|
| 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 | 2.42 | 0.12 | -0.43 | — | — | — |
| EPS, diluted | 2.26 | 0.02 | -0.43 | — | — | — |
| Shares, diluted (wtd. avg.) | $194.0M | $171.9M | $82.8M | — | — | — |
Balance sheet
| Fiscal year | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 |
|---|---|---|---|---|---|---|
| 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 | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 |
|---|---|---|---|---|---|---|
| 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.
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