TKO Group Holdings, Inc. (TKO)
TKO Group Holdings, Inc. stands as a significant enterprise within the sports and entertainment industries. Its business activities are primarily organized into four core divisions: Media and Content, Live Events, Sponsorships, and Consumer Products Licensing. The company is responsible for creating a diverse range of content, including live spectacles, television programs, and both lengthy and concise video productions. This material is disseminated to audiences in approximately 170 countries through various channels such as traditional broadcast, subscription-based television, streaming services, and numerous digital and social media platforms. Furthermore, TKO leverages its brands through the merchandising of a wide array of goods, including video games, clothing, equipment, collectible trading cards, memorabilia, digital assets, and toys. It also facilitates sales of exclusive travel packages and event admission. A key component of its revenue generation involves securing corporate sponsorships and handling advertising sales, which covers in-venue and broadcast ad placements, integrated product advertising within content, and digital advertising impressions. TKO Group Holdings, Inc. is headquartered in New York, New York, and operates as a subsidiary of Endeavor Group Holdings, Inc.
Sector: Services-Amusement & Recreation Services
Industry: Entertainment
TKO Group Holdings, Inc.
NYSE:TKOCommunication Services · Entertainment
-2.62%$173.07
AH Close$173.07+0.00%vs close
AH Close$173.07+0.00%vs close
Mkt Cap$12.65B
Float-
O/S73.11M
Inst Own98.5%
SI9.5%
Div Yield1.81%
Dilution
Delisting Issues Timeline
Financials Summary
Revenue$4.74B
Net Income$195.4M
Total Assets$15.5B
Free Cash Flow$1.16B
Debt & Equity
Debt 52%
Equity 48%
Total Debt$4.06B
Total Equity$3.74B
Shares Outstanding
Short Interest
Split History
No splits on record
Nothing in TKO's public trading history: no forward or reverse split has affected the share count.
Balance Sheet Details
Assets$15.5B
Liabilities$6.25B
Accounts Receivable$558.3M
Accounts Payable$194.8M
Inventory$0
PP&E (Net)$926.5M
Goodwill$8.44B
Intangible Assets$3.33B
Income Statement
| Period | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 | FY 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Currency | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD |
| Period Ending | 2025-12-31 | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 | 2020-12-31 | 2019-12-31 | 2018-12-31 | 2017-12-31 | 2016-12-31 | 2015-12-31 |
| Revenue | $4.74B | $2.8B | $1.67B | $1.14B | $1.1B | $974.21M | $960.44M | $930.16M | $800.96M | $729.22M | $658.77M |
| YoY Growth | 68.9% | 67.4% | 46.9% | 4.1% | 12.4% | 1.4% | 3.3% | 16.1% | 9.8% | 10.7% | - |
| Cost of Revenue | $2.39B | $1.29B | $679.21M | $385.62M | $649.08M | $592.1M | $672.33M | $634.25M | $559.1M | $453.62M | $419.59M |
| Gross Profit | $2.35B | $1.51B | $995.75M | $754.53M | $446.1M | $382.11M | $288.12M | $295.91M | $241.86M | $275.6M | $239.18M |
| Gross Margin | 49.6% | 53.9% | 59.4% | 66.2% | 40.7% | 39.2% | 30.0% | 31.8% | 30.2% | 37.8% | 36.3% |
| Research and Development | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Selling, General, and Administrative | $1.58B | $736.64M | $409.56M | $209.39M | $190.08M | $173.57M | $171.61M | $181.43M | $160.81M | $219.13M | $192.77M |
| Other | -$192.23M | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Total Operating Expenses | $1.39B | $736.64M | $409.56M | $209.39M | $190.08M | $173.57M | $171.61M | $181.43M | $160.81M | $219.13M | $192.77M |
| Operating Income (EBIT) | $961.25M | $774.98M | $586.19M | $545.14M | $256.02M | $208.54M | $116.51M | $114.48M | $81.05M | $56.46M | $46.41M |
| Operating Margin | 20.3% | 27.6% | 35.0% | 47.8% | 23.4% | 21.4% | 12.1% | 12.3% | 10.1% | 7.7% | 7.0% |
| Interest Expense | $202.72M | $249.12M | $239.04M | $139.57M | $33.61M | $35.6M | $26.12M | $15.4M | $14.74M | $3.02M | $2.37M |
| Interest Income | $0 | $0 | $0 | $0 | $395K | $1.82M | $4.73M | $4.51M | $2.01M | $2.39M | $1.79M |
| Other Income (Expense) | -$341.19M | -$742.9M | -$379.02M | -$141.8M | -$26.16M | -$37.44M | -$21.83M | -$8.44M | -$16.99M | -$3.25M | -$10.18M |
| Income Before Tax (EBT) | $620.06M | $32.08M | $207.17M | $403.34M | $229.86M | $171.11M | $94.68M | $106.04M | $64.06M | $53.21M | $36.23M |
| Income Tax Expense | $73.77M | $25.71M | $31.45M | $14.32M | $52.45M | $39.34M | $17.62M | $6.45M | $31.42M | $19.37M | $12.08M |
| Net Income | $195.4M | $9.41M | -$35.23M | $387.27M | $177.41M | $131.77M | $77.06M | $99.59M | $32.64M | $33.84M | $24.14M |
| Net Income Margin | 4.1% | 0.3% | -2.1% | 34.0% | 16.2% | 13.5% | 8.0% | 10.7% | 4.1% | 4.6% | 3.7% |
| Supplementary Data | |||||||||||
| EPS | 2.42 | 0.12 | -0.43 | 4.66 | 2.32 | 2.13 | 0.99 | 1.28 | 0.43 | 0.44 | 0.32 |
| Diluted EPS | 2.26 | 0.05 | -0.43 | 4.66 | 2.09 | 2.13 | 0.85 | 1.12 | 0.42 | 0.44 | 0.32 |
| Weighted Average OS | 80.82M | 81.34M | 82.81M | 83.16M | 83.16M | 83.16M | 78.16M | 77.54M | 76.74M | 76.15M | 75.70M |
| EBITDA | $1.31B | $768.91M | $695.5M | $603.15M | $319.27M | $312.31M | $204.08M | $191.6M | $143.87M | $118.25M | $99.22M |
| EBITDA Margin | 27.6% | 27.4% | 41.5% | 52.9% | 29.2% | 32.1% | 21.2% | 20.6% | 18.0% | 16.2% | 15.1% |
Balance Sheet
| Period | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 | FY 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Currency | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD |
| Period Ending | 2025-12-31 | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 | 2020-12-31 | 2019-12-31 | 2018-12-31 | 2017-12-31 | 2016-12-31 | 2015-12-31 |
| Assets | |||||||||||
| Current Assets | |||||||||||
| Cash and Cash Equivalents | $831.1M | $525.56M | $235.84M | $180.57M | $874.69M | $462.1M | $90.45M | $167.46M | $137.7M | $211.98M | $38.02M |
| Short-Term Investments | $0 | $0 | $0 | $0 | $0 | $131.29M | $160.03M | $191.69M | $159.74M | $55.16M | $64.36M |
| Cash and Short-Term Investments | $831.1M | $525.56M | $235.84M | $180.57M | $874.69M | $593.4M | $250.48M | $359.14M | $297.44M | $267.14M | $102.38M |
| Accounts Receivable | $558.3M | $221.41M | $147.03M | $45.45M | $59.34M | $52.01M | $124.77M | $78.92M | $65.25M | $53.16M | $58.44M |
| Inventory | $0 | $0 | $0 | $0 | $0 | $8.39M | $8.25M | $7.75M | $8.33M | $6.53M | $6.17M |
| Other Current Assets | $939.7M | $25.02M | $43.53M | $33.98M | $13.45M | $73.06M | $20.81M | $28.19M | $19.96M | $22.48M | $12.78M |
| Total Current Assets | $2.33B | $869.57M | $492.43M | $268.3M | $948.26M | $726.85M | $404.31M | $474.01M | $390.98M | $349.31M | $179.76M |
| Long-Term Assets | |||||||||||
| Property, Plant & Equipment Net | $926.5M | $805.02M | $899.63M | $198.32M | $193.21M | $485.87M | $485.5M | $148.09M | $131.32M | $132.63M | $105.22M |
| Goodwill | $8.44B | $7.66B | $7.67B | $2.6B | $2.6B | $0 | $0 | $0 | $0 | $0 | $0 |
| Intangible Assets | $3.33B | $3.26B | $3.56B | $475.76M | $522.35M | $0 | $0 | $0 | $0 | $0 | $0 |
| Long-Term Investments | $131.5M | $32.16M | $16.39M | $6.02M | $1.75M | $11.15M | $28.11M | $30.2M | $27.37M | $24.96M | $22.28M |
| Deferred Tax Assets | $0 | $0 | $0 | $61.31M | $0 | $31.62M | $28.98M | $22.17M | $18.98M | $37.73M | $46.29M |
| Other Long-Term Assets | $335.9M | $65.5M | $52.14M | -$31.62M | $27.97M | $63.41M | $67.11M | $30.87M | $45.85M | $61.45M | $57.18M |
| Total Long-Term Assets | $13.17B | $11.83B | $12.2B | $3.31B | $3.35B | $592.03M | $609.69M | $231.32M | $223.52M | $256.77M | $230.97M |
| Other Assets | $0 | $0 | $0 | $0 | $1K | $0 | $0 | $0 | $0 | $0 | $0 |
| Total Assets | $15.5B | $12.7B | $12.69B | $3.58B | $4.3B | $1.32B | $1.01B | $705.33M | $614.51M | $606.08M | $410.73M |
| Liabilities | |||||||||||
| Current Liabilities | |||||||||||
| Accounts Payable | $194.8M | $29.68M | $42.04M | $16.84M | $11.64M | $7.27M | $9.28M | $12.2M | $12.73M | $10.12M | $8.58M |
| Short-Term Debt | $78.4M | $26.51M | $22.37M | $24.48M | $22.89M | $308.64M | $206.81M | $188.21M | $4.64M | $6.12M | $4.44M |
| Current Income Tax Payable | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Current Unearned Revenue | $663M | $101.24M | $118.99M | $71.62M | $50.69M | $62.89M | $56.94M | $49.17M | $55.82M | $56.65M | $57.15M |
| Other Current Liabilities | $910.9M | $16.34M | $9M | $88.55M | $2.37M | $86.72M | $56.18M | $60.6M | $35.48M | $31.21M | $31.8M |
| Total Current Liabilities | $1.85B | $670.66M | $472.14M | $230.18M | $187.32M | $497.47M | $344.34M | $357.54M | $138.19M | $133.13M | $131.59M |
| Long-Term Liabilities | |||||||||||
| Long-Term Debt | $3.98B | $2.73B | $2.71B | $2.74B | $2.81B | $21.7M | $22.1M | $25.7M | $208.86M | $196.6M | $17.14M |
| Long-Term Unearned Revenue | $0 | $0 | $0 | $11.06M | $0 | $0 | $0 | $0 | $0 | $30.7M | $49.98M |
| Long-Term Deferred Tax Liabilities | $301.7M | $312.21M | $372.86M | $15.69M | $0 | $21.57M | $21.77M | $5.03M | $3.39M | $5.17M | $1.58M |
| Other Long-Term Liabilities | $112.2M | $7.46M | $3.05M | -$13.93M | $22.92M | $4.54M | $429K | $827K | $11.11M | $725K | $1.12M |
| Total Long-Term Liabilities | $4.4B | $3.31B | $3.37B | $2.77B | $2.85B | $437.42M | $394.33M | $31.55M | $223.35M | $233.2M | $69.82M |
| Other Liabilities | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Total Liabilities | $6.25B | $3.98B | $3.84B | $3B | $3.04B | $934.89M | $738.67M | $389.09M | $361.55M | $366.33M | $201.41M |
| Stockholders' Equity | |||||||||||
| Preferred Stock | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Common Stock | $2K | $2K | $2K | $568.07M | $1.25B | $778K | $773K | $780K | $771K | $764K | $759K |
| Retained Earnings | -$797.3M | -$291.73M | -$135.23M | $0 | $0 | -$56.33M | -$133.66M | -$101.33M | -$172.39M | -$167.3M | -$164.1M |
| Comprehensive Income & Other | -$17.5M | -$2.55M | -$332K | $846K | -$2.52M | $2.98M | $2.86M | $1.5M | $2.37M | $2.9M | $3.01M |
| Other Stockholders' Equity | $4.53B | $4.38B | $4.24B | $846K | -$2.52M | $439.54M | $408.22M | $416.78M | $424.58M | $406.28M | $372.65M |
| Total Equity | $3.74B | $4.09B | $4.11B | $568.92M | $1.25B | $383.99M | $275.33M | $316.24M | $252.96M | $239.74M | $209.32M |
| Minority Interest | $5.51B | $4.63B | $4.74B | $9.91M | $9.7M | $0 | $0 | $0 | $0 | $0 | $0 |
| Total Liabilities and Equity | $9.98B | $8.07B | $7.95B | $3.57B | $4.29B | $1.32B | $1.01B | $705.33M | $614.51M | $606.08M | $410.73M |
| Supplementary Data | |||||||||||
| Total Debt | $4.06B | $3.04B | $3.03B | $2.78B | $2.85B | $719.96M | $578.95M | $213.9M | $213.5M | $202.72M | $21.57M |
| Net Debt | $3.23B | $2.51B | $2.79B | $2.6B | $1.98B | $257.86M | $488.5M | $46.45M | $75.8M | -$9.25M | -$16.44M |
Cash Flow Statement
| Period | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 | FY 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Currency | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD |
| Period Ending | 2025-12-31 | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 | 2020-12-31 | 2019-12-31 | 2018-12-31 | 2017-12-31 | 2016-12-31 | 2015-12-31 |
| Operating Activities | |||||||||||
| Net Income | $546.29M | -$245.68M | $143M | $389.02M | $273.63M | $178.32M | $77.06M | $99.59M | $32.64M | $33.84M | $24.14M |
| Depreciation & Amortization | $484.99M | $485.45M | $249.02M | $60.03M | $63.25M | $105.6M | $83.28M | $70.16M | $65.07M | $62.02M | $60.62M |
| Deferred Income Tax | $20.75M | -$70.53M | -$10.12M | $2.33M | -$2.37M | -$810K | $9.92M | -$1.06M | $13.57M | $12.15M | -$9.67M |
| Stock-Based Compensation | $117.59M | $103.47M | $64.51M | $23.74M | $63.85M | $31.74M | $0 | $0 | $0 | $0 | $0 |
| Changes in Working Capital: | |||||||||||
| Accounts Receivable | -$140.21M | -$66.65M | $30.45M | -$26.4M | $4.4M | $1.3M | -$41.49M | -$3.53M | -$12.51M | $5.46M | -$19.15M |
| Inventory | $0 | $0 | $0 | $0 | $0 | $0 | -$499K | $579K | -$1.8M | -$364K | -$1.43M |
| Accounts Payable | $0 | $0 | $0 | $0 | $0 | $0 | -$31.95M | $26.75M | $8.11M | -$6.58M | $0 |
| Other Working Capital | $192.39M | $249.82M | -$230.92M | $24.32M | $20.51M | $4.82M | -$21.41M | -$49.59M | -$43.16M | -$67.02M | -$29.39M |
| Total Working Capital Change | $52.18M | $183.18M | -$200.47M | -$2.08M | $24.9M | $6.12M | -$95.35M | -$25.79M | -$49.36M | -$68.51M | -$49.97M |
| Other Non-Cash Items | $63.93M | $130.2M | $20.22M | $28.67M | $17.97M | $30.26M | $46.07M | $160.33M | $171M | $142.64M | $166.26M |
| Net Cash from Operating | $1.29B | $586.08M | $266.16M | $501.72M | $441.24M | $351.24M | $120.98M | $186.72M | $96.59M | $56.62M | $49.55M |
| Investing Activities | |||||||||||
| Capital Expenditures | -$126.95M | -$118.82M | -$93.75M | -$12.4M | -$11.13M | -$20.72M | -$69.09M | -$32.27M | -$24.71M | -$29.9M | -$20.01M |
| Acquisitions | -$39.33M | -$35.12M | $380.9M | -$875K | -$499K | -$250K | $0 | $0 | $0 | $0 | $0 |
| Purchases of Investments | $0 | $0 | $0 | $0 | $0 | $0 | -$125.65M | -$96.24M | -$144.69M | -$2.25M | -$22.83M |
| Sales of Investments | $1.91M | $0 | $0 | $0 | $0 | $0 | $157.49M | $61.43M | $35.66M | $8.06M | $24.13M |
| Other Investing Activities | $17.48M | $36.69M | -$323.13M | $15K | $150K | -$958K | $1.44M | $1M | $0 | $0 | $0 |
| Net Cash from Investing | -$146.89M | -$117.24M | -$35.98M | -$13.26M | -$11.48M | -$21.93M | -$35.81M | -$66.09M | -$133.74M | -$24.09M | -$18.72M |
| Financing Activities | |||||||||||
| Debt Repaid | -$982.04M | $1.2M | $34.05M | $82.6M | -$386.4M | -$123.65M | $13.46M | $4.78M | -$5.86M | -$156.24M | $4.34M |
| Common Stock Issuance | $0 | $18.71M | $0 | $0 | $53.09M | $0 | $2.33M | $1.95M | $3.04M | $20.86M | $1.07M |
| Common Stock Repurchases | -$866.85M | -$165M | -$100M | $0 | $0 | -$2.88M | -$83.44M | $0 | $0 | $0 | $0 |
| Dividends Paid | -$640.74M | $0 | $0 | -$1.1B | -$269.08M | -$312.31M | -$37.43M | -$37.24M | -$36.85M | -$36.56M | -$36.34M |
| Other Financing Activities | -$110.18M | -$7.46M | -$40.05M | -$2.88M | -$7.91M | -$8.07M | -$30.18M | -$50.8M | -$9.16M | $893K | -$419K |
| Net Cash from Financing | -$635.73M | -$154.96M | -$174.1M | -$1.18B | $162.51M | -$199.61M | -$162.19M | -$90.88M | -$37.13M | $141.43M | -$40.04M |
| Forex Effect | $4.76M | -$7.64M | -$235K | -$1.19M | $227K | $147K | $0 | $0 | $0 | $0 | $0 |
| Net Change in Cash | $507.88M | $306.24M | $55.85M | -$694.11M | $592.49M | $129.85M | -$77.01M | $29.76M | -$74.28M | $173.96M | -$9.21M |
| Supplementary Data | |||||||||||
| Operating Cash Flow | $1.29B | $586.08M | $266.16M | $501.72M | $441.24M | $351.24M | $120.98M | $186.72M | $96.59M | $56.62M | $49.55M |
| Capital Expenditure | -$126.95M | -$118.82M | -$93.75M | -$12.4M | -$11.13M | -$21.68M | -$69.09M | -$32.27M | -$24.71M | -$29.9M | -$20.01M |
| Free Cash Flow | $1.16B | $467.27M | $172.41M | $489.32M | $430.1M | $329.55M | $51.9M | $154.44M | $71.88M | $26.72M | $29.54M |
| Cash at Beginning | $678.08M | $371.85M | $316M | $874.69M | $282.2M | $152.35M | $167.46M | $137.7M | $211.98M | $38.02M | $47.23M |
| Cash at End | $1.19B | $678.08M | $371.85M | $180.57M | $874.69M | $282.2M | $90.45M | $167.46M | $137.7M | $211.98M | $38.02M |