TKO Group Holdings, Inc. (TKO)

TKO Group Holdings, Inc. operates as a sports and entertainment company. The company operates through three segments: UFC, WWE and IMG. The UFC segment distributes programming content; ticket sales and site fees associated with the business's global live events; partnerships and marketing; and consumer products licensing agreements of UFC-branded products. The WWE segment consists of media rights fees associated with the distribution of its programming content; ticket sales and site fees associated with the business's global live events; partnerships and marketing; and consumer products licensing agreements of WWE-branded products. The IMG segment specializing in media rights management and sales, multi-channel content production and distribution, brand partnerships, strategic consulting, digital services, and event management. This segment also offers hospitality business, offering ticketing, curated guest experiences, live event production and travel management services. It is also involved in the merchandising of video games, apparel, equipment, trading cards, memorabilia, digital goods, and toys. In addition, the company engages in the sponsorships and advertising business, which offers sale of in-venue and in-broadcast advertising assets, content product integration, and digital impressions. The company was incorporated in 2023 and is based in New York, New York. TKO Group Holdings, Inc. is a subsidiary of WME Group, Inc.

Ticker
TKO
Exchange
NYSE
Sector
Communication Services
Industry
Entertainment
Market cap
$36.02B
52-week range
$170.14 - $226.94

Valuation

Share price
$191.00 (close of Nov 6, 2026)
P/E (TTM)
49.74x
Price to book
4.37x
Price to free cash flow
19.47x
Enterprise value
$40.34B
Book value per share
$43.74

Price performance

PeriodChange
1 day+0.98%
5 days+5.71%
1 month+8.24%
3 months+1.98%
6 months+0.28%
Year to date-8.61%
1 year+5.52%
3 years+125.74%
5 years+225.61%
10 years+990.18%
All time+656.44%

Short interest

As of
Oct 15, 2026
Short % of float
11.62%
Shares short
7.67M
Days to cover
8.12
Change since prior report
+2.27%
Source
FINRA consolidated short interest

Profitability and growth

Return on equity
2.12%
Return on invested capital
5.73%
Return on assets
1.26%
Return on capital employed
6.12%
Gross margin
49.57%
Net margin
4.13%
EBITDA margin
27.88%
Revenue growth
-3.05%
Free cash flow growth
119.38%

Cash flow and balance sheet

Free cash flow yield (TTM)
5.14%
Current ratio
1.35x
Net debt to EBITDA
2.50x

Latest reported year

Period end
Dec 31, 2025
Fiscal year
2025
Revenue
$4.74B
Cost of revenue
$2.39B
Gross profit
$2.35B
EBITDA
$1.32B
Net income
$195.40M
Earnings per share
$2.42
Interest expense
$202.72M
Shares outstanding
80.82M

Income statement by year

Period endRevenueGross profitNet incomeEPS
2025-12-31$4.74B$2.35B$195.40M$2.42
2024-12-31$4.88B$1.80B$9.41M$0.12
2023-12-31$3.22B$1.40B-$35.23M-$0.43
2022-12-31$1.14B$754.53M$389.02M$4.68
2021-12-31$1.03B$633.09M$273.63M$0.00

Margins and returns by year

Period endGross marginNet marginReturn on equityReturn on capital
2025-12-3149.57%4.13%2.12%5.73%
2024-12-3136.90%0.19%0.09%0.12%
2023-12-3143.49%-1.09%-0.34%2.54%
2022-12-3166.18%34.12%19.95%11.20%
2021-12-3161.35%26.52%21.91%9.15%

Cash and debt by year

Period endCashDebt
2025-12-31$831.10M$3.72B
2024-12-31$619.79M$2.74B
2023-12-31$235.84M$2.71B
2022-12-31$180.57M$2.74B
2021-12-31-$2.81B
2020-12-31-$21.70M
2019-12-31-$22.10M
2018-12-31-$25.70M
2017-12-31-$208.86M
2016-12-31-$196.60M

Free cash flow by year

Period endFree cash flowStock-based compensation
2025-12-31$1.29B$117.59M
2024-12-31$586.08M$103.47M
2023-12-31$266.16M$64.51M
2022-12-31$501.72M$23.74M
2021-12-31$441.24M$63.85M

Dividend history

Most recent payment
Sep 15, 2026
Paid in the last twelve months
$3.14
Payment dateDividend per share
2026-09-15$0.79
2026-06-15$0.79
2026-03-16$0.78
2025-12-15$0.78
2025-09-15$0.76
2025-06-13$0.38
2025-03-14$0.38
2023-09-21$3.86

Investor relations

Past earnings dates

ReportedFiscal periodEPS estimate
2026-11-04Sep 2026$1.20
2026-08-03Jun 2026$1.63
2026-05-06Mar 2026$0.91
2026-02-25Dec 2025$0.14
2025-11-05Sep 2025$0.55
2025-08-06Jun 2025$1.23
2025-05-08Mar 2025$0.48
2025-02-26Dec 2024$0.23

Filings and sources

Company website
tkogrp.com
SEC filings
10-K, 10-Q and 8-K on EDGAR
Earnings calendar
All upcoming reports

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All Communication Services companies

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Price-to-earnings ratio · Short interest · Discounted cash flow · Free cash flow · Earnings per share · Return on equity · Gross margin vs net margin · Reading a balance sheet · Debt and leverage · Dividend yield · Insider transactions and Form 4 · How to read a stock chart

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