MANCHESTER UNITED PLC (MANU) Financials
A multiple compares the market's price with a filed figure; it says what the market pays, not how the business is doing. The market capitalization is the vendor's as of Oct 22, 2026; every other figure is from the SEC filings on this page. Not financial advice.
Newest figures come from the 6-K for Q2 FY2026, filed Feb 26, 2026. Each column of the statement tables below links to the filing it was taken from, and every filing is listed on the MANU SEC filings page.
MANCHESTER UNITED PLC (MANU) reported $914.6M in revenue for fiscal year 2025, up 9.3% from the prior fiscal year. This page shows its income statement, balance sheet, cash flow statement, and key financial ratios. View 10 years of annual fundamentals and quarterly data, with year-over-year growth rates and compound annual growth rates (CAGR). All figures are derived from SEC filings (10-K and 10-Q reports).
Financial Health Signals
Scored against operating companies for FY2025. Each of the six dimensions is a percentile rank within that peer group, and the overall is the average of the dimensions that can be computed. A high score means strong standing among peers, not absolute cross-industry strength. How this score is calculated →
Health score ≠ stock price. This rates the quality of MANCHESTER UNITED PLC's business: profitability, growth, balance sheet strength. It doesn't tell you whether the stock is a good buy at today's price. Not financial advice. Use it alongside valuation analysis and your own research.
MANCHESTER UNITED PLC has an operating margin of -2.8%, meaning the company loses $3 on every $100 of revenue. This results in a profitability score of 29/100. This is up from -10.5% the prior year.
MANCHESTER UNITED PLC's revenue grew 9.3% year-over-year to $914.6M, a solid pace of expansion. This earns a growth score of 51/100.
MANCHESTER UNITED PLC has elevated debt relative to equity (D/E of 2.44), meaning the company relies heavily on borrowed funds. This high leverage results in a low score of 26/100, reflecting increased financial risk.
MANCHESTER UNITED PLC's current ratio of 0.38 is below the typical benchmark, resulting in a score of 3/100. This tight liquidity could limit financial flexibility if cash inflows slow.
MANCHESTER UNITED PLC has a free cash flow margin of 4.2%, earning a moderate score of 58/100. The company generates positive cash flow after capital investments, but with room for improvement.
MANCHESTER UNITED PLC posts a -17.1% return on equity (ROE), meaning it loses $17 for every $100 of shareholders' equity. This results in a returns score of 30/100. This is up from -78.1% the prior year.
MANCHESTER UNITED PLC scores 0.82, below the 1.81 distress threshold. The score is pulled down most by current liabilities exceeding current assets by $639.9M against total assets of $2.2B. This indicates elevated financial distress risk and warrants close attention to liquidity and debt levels.
Distress-screening estimate for non-financial companies. Not computed for banks or insurers, where the Altman model does not apply.
MANCHESTER UNITED PLC passes 5 of 7 computable financial strength tests (2 of the nine could not be computed from available data). 3 of 4 profitability signals pass, all 2 leverage/liquidity signals pass, the one computable operating efficiency signal (asset turnover improving) does not pass.
MANCHESTER UNITED PLC reported a net loss of $45.3M while generating $99.8M in operating cash flow. Operations generated cash despite the loss, but with no positive earnings behind it, the ratio between the two carries no quality signal.
MANCHESTER UNITED PLC reported an operating loss of $25.3M against $80.9M in interest expense. There is no operating profit to cover interest, so interest must be met from cash reserves or from financing rather than from operations.
Key Financial Metrics
Earnings & Revenue
MANCHESTER UNITED PLC generated $255.9M in revenue in Q2 2026. This represents an increase of 2.9% from the same quarter a year earlier.
MANCHESTER UNITED PLC reported $5.6M in net income in Q2 2026. The change from the same quarter a year earlier is not meaningful, because that figure was zero or negative.
MANCHESTER UNITED PLC earned $0.03 per diluted share (EPS) in Q2 2026. The change from the same quarter a year earlier is not meaningful, because that figure was zero or negative.
Not reported for Q2 2026.
Cash & Balance Sheet
MANCHESTER UNITED PLC recorded an outflow of $17.7M in free cash flow in Q2 2026, representing a cash shortfall after capex. The change from the same quarter a year earlier is not meaningful, because that figure was zero or negative.
MANCHESTER UNITED PLC held $59.7M in cash against $647.2M in long-term debt as of Q2 2026.
Not reported for Q2 2026.
Margins & Returns
MANCHESTER UNITED PLC's operating margin was 10.3% in Q2 2026, reflecting core business profitability. This is up 8.7 percentage points from the same quarter a year earlier.
MANCHESTER UNITED PLC's net profit margin was 2.2% in Q2 2026, showing the share of revenue converted to profit. This is up 16.2 percentage points from the same quarter a year earlier.
MANCHESTER UNITED PLC's quarterly ROE was 2.2% in Q2 2026: one quarter's net income over shareholder equity, not annualized. This is up 16.3 percentage points from the same quarter a year earlier.
Not reported for Q2 2026.
Capital Allocation
MANCHESTER UNITED PLC invested $2.4M in capex in Q2 2026, funding long-term assets and infrastructure. This represents a decrease of 72.9% from the same quarter a year earlier.
Not reported for Q2 2026.
Not reported for Q2 2026.
MANU Income Statement
Figures in USD, abbreviated K (thousand), M (million), B (billion), T (trillion). Negative values carry a minus sign and red type. Each change compares the year with the year before it, and each quarter with the same quarter a year earlier.
| Metric | Q2'266-K | Q4'256-K | Q2'256-K | Q4'2420-F | Q2'246-K | Q4'2320-F | Q2'236-K | Q4'2220-F |
|---|---|---|---|---|---|---|---|---|
| Revenue | $255.9M+2.9% | N/A | $248.8M-13.5% | N/A | $287.7M+42.3% | N/A | $202.1M-19.3% | N/A |
| Operating Income | $26.3M+589.4% | N/A | $3.8M-89.1% | N/A | $35.0Mn/m | N/A | -$3.5M-147.3% | N/A |
| Interest Expense | $19.8M-62.9% | N/A | $53.2M+151.6% | N/A | $21.1M-33.4% | N/A | $31.7M+214.6% | N/A |
| Income Tax | $1.9Mn/m | N/A | -$8.5M-197.2% | N/A | $8.7M+144.9% | N/A | $3.6Mn/m | N/A |
| Net Income | $5.6Mn/m | N/A | -$34.7M-233.8% | N/A | $26.0M+240.9% | N/A | $7.6Mn/m | N/A |
| EPS (Basic) | $0.03n/m | N/A | -$0.20-228.6% | N/A | $0.16+240.9% | N/A | $0.05n/m | N/A |
| EPS (Diluted) | $0.03n/m | N/A | -$0.20-229.1% | N/A | $0.16+240.9% | N/A | $0.05n/m | N/A |
| Diluted Shares (Avg) | 173M+1.7% | N/A | 170M+4.0% | N/A | 163M-0.3% | N/A | 164M+0.4% | N/A |
Not reported in any period shown, so not listed: Cost of Revenue, Gross Profit, R&D Expenses, SG&A Expenses, EBITDA.
MANU Balance Sheet
Figures in USD, abbreviated K (thousand), M (million), B (billion), T (trillion). Negative values carry a minus sign and red type. Each change compares the year with the year before it, and each quarter with the same quarter a year earlier.
| Metric | Q2'266-K | Q4'256-K | Q2'256-K | Q4'2420-F | Q2'246-K | Q4'2320-F | Q2'236-K | Q4'2220-F |
|---|---|---|---|---|---|---|---|---|
| Total Assets | $2.2B+12.1% | $2.2B+32.2% | $2.0B+6.8% | $1.7B+1.5% | $1.9B+8.8% | $1.7B+6.5% | $1.7B-6.5% | $1.6B-9.6% |
| Current Assets | $348.1M-3.3% | $389.7M+73.9% | $359.9M+16.9% | $224.1M-9.0% | $307.7M+4.0% | $246.2M-14.6% | $296.0M-7.9% | $288.4M-1.9% |
| Cash & Equivalents | $59.7M-50.1% | $118.2M+27.1% | $119.6M+49.5% | $93.0M-3.8% | $80.0M+113.5% | $96.6M-34.5% | $37.5M-68.2% | $147.4M-3.5% |
| Inventory | $25.2M+50.1% | $17.9M+300.0% | $16.8M+227.8% | $4.5M+11.3% | $5.1M+29.8% | $4.0M+50.3% | $4.0M+1.8% | $2.7M-6.8% |
| Goodwill | $1.3B+13.8% | $1.3B+25.3% | $1.2B+0.8% | $1.1B+2.5% | $1.2B+11.7% | $1.0B+14.2% | $1.1B-4.0% | $904.0M-13.2% |
| Total Liabilities | $2.0B+13.2% | $2.0B+30.6% | $1.8B+0.2% | $1.5B-1.7% | $1.8B+10.2% | $1.5B+8.8% | $1.6B+5.3% | $1.4B+4.0% |
| Current Liabilities | $1.1B+24.6% | $1.0B+64.6% | $868.0M+3.0% | $625.7M-6.6% | $842.9M+14.7% | $669.6M+11.3% | $734.6M+15.1% | $601.8M+13.5% |
| Non-Current Liabilities | $908.0M+2.1% | $951.8M+6.8% | $889.6M-2.3% | $891.0M+2.0% | $910.6M+6.4% | $873.3M+7.0% | $856.2M-1.8% | $816.5M-2.1% |
| Long-Term Debt | $647.2M+0.2% | $647.5M+0.2% | $645.7M0.0% | $646.0M+0.2% | $645.4M-0.2% | $644.8M0.0% | $646.9M+0.4% | $645.0M+0.5% |
| Total Equity | $256.5M+4.1% | $265.8M+45.2% | $246.3M+101.3% | $183.1M+38.6% | $122.4M-7.7% | $132.1M-14.8% | $132.5M-60.2% | $155.1M-58.8% |
| Retained Earnings | -$462.0Mn/m | -$468.8Mn/m | -$419.3Mn/m | -$390.9Mn/m | -$255.6Mn/m | -$249.9Mn/m | -$228.4Mn/m | -$206.8Mn/m |
Not reported in any period shown, so not listed: Short-Term Investments, Accounts Receivable, Long-Term Investments.
MANU Cash Flow Statement
Figures in USD, abbreviated K (thousand), M (million), B (billion), T (trillion). Negative values carry a minus sign and red type. Each change compares the year with the year before it, and each quarter with the same quarter a year earlier.
| Metric | Q2'266-K | Q4'256-K | Q2'256-K | Q4'2420-F | Q2'246-K | Q4'2320-F | Q2'236-K | Q4'2220-F |
|---|---|---|---|---|---|---|---|---|
| Operating Cash Flow | -$15.4Mn/m | N/A | -$79.2Mn/m | N/A | -$59.3Mn/m | N/A | -$74.3Mn/m | N/A |
| Capital Expenditures | $2.4M-72.9% | N/A | $8.7M+142.4% | N/A | $3.6M+9.6% | N/A | $3.3M+29.2% | N/A |
| Free Cash Flow | -$17.7Mn/m | N/A | -$87.9Mn/m | N/A | -$62.9Mn/m | N/A | -$77.6Mn/m | N/A |
| Investing Cash Flow | -$50.8Mn/m | N/A | -$64.0Mn/m | N/A | -$39.0Mn/m | N/A | -$36.8Mn/m | N/A |
| Financing Cash Flow | $31.8M-57.6% | N/A | $75.0M-1.4% | N/A | $76.1M-36.6% | N/A | $120.1M+124.8% | N/A |
Not reported in any period shown, so not listed: Depreciation & Amortization, Stock-Based Compensation, Dividends Paid, Share Buybacks.
MANU Financial Ratios
Margins and returns are percentages; the remaining ratios are unitless multiples. Each change compares the year with the year before it, and each quarter with the same quarter a year earlier.
| Metric | Q2'266-K | Q4'256-K | Q2'256-K | Q4'2420-F | Q2'246-K | Q4'2320-F | Q2'236-K | Q4'2220-F |
|---|---|---|---|---|---|---|---|---|
| Operating Margin | 10.3%+8.7pp | N/A | 1.5%-10.7pp | N/A | 12.2%+13.9pp | N/A | -1.7%-4.6pp | N/A |
| Net Margin | 2.2%+16.2pp | N/A | -14.0%-23.0pp | N/A | 9.0%+5.3pp | N/A | 3.8%+4.5pp | N/A |
| Return on Equity | 2.2%+16.3pp | N/A | -14.1%-35.3pp | N/A | 21.2%+15.5pp | N/A | 5.8%+6.3pp | N/A |
| Return on Assets | 0.3%+2.0pp | N/A | -1.7%-3.1pp | N/A | 1.4%+0.9pp | N/A | 0.4%+0.5pp | N/A |
| Current Ratio | 0.32-0.1x | 0.380.0x | 0.410.0x | 0.360.0x | 0.370.0x | 0.37-0.1x | 0.40-0.1x | 0.48-0.1x |
| Debt-to-Equity | 2.52-0.1x | 2.44-1.1x | 2.62-2.7x | 3.53-1.4x | 5.28+0.4x | 4.88+0.7x | 4.88+2.9x | 4.16+2.5x |
| Liabilities-to-Equity | 7.76+0.6x | 7.45-0.8x | 7.14-7.2x | 8.28-3.4x | 14.33+2.3x | 11.68+2.5x | 12.00+7.5x | 9.15+5.5x |
| Asset Turnover | 0.110.0x | N/A | 0.120.0x | N/A | 0.150.0x | N/A | 0.120.0x | N/A |
| FCF Margin | -6.9%+28.4pp | N/A | -35.3%-13.5pp | N/A | -21.9%+16.5pp | N/A | -38.4%-20.4pp | N/A |
Not reported in any period shown, so not listed: Gross Margin.
Note: The current ratio is below 1.0 (0.38), indicating current liabilities exceed current assets, which may suggest potential short-term liquidity concerns.
Similar Companies
Newest fiscal year on record for each company. The health score is the peer-relative Financial Health Score for that year; a dash means no score is published for it.
| Company | Fiscal year | Revenue | Net income | Net margin | Market cap | Health score |
|---|---|---|---|---|---|---|
| MANCHESTER UNITED PLC MANU | FY2025 | $914.6M | -$45.3M | -5.0% | $3.6B | 33/100 |
| Atlanta Braves Holdings, Inc. Series A BATRA | FY2025 | $732.5M | -$23.4M | -3.2% | $3.5B | 26/100 |
| Atlanta Braves Holdings, Inc. Series C BATRK | FY2025 | $732.5M | -$23.4M | -3.2% | $3.2B | 26/100 |
| iQIYI, Inc. IQ | FY2025 | $3.9B | -$29.5M | -0.8% | $873.3M | 22/100 |
| Sphere Entertainment Co. SPHR | FY2025 | $1.2B | $33.4M | 2.7% | $4.0B | 41/100 |
| Cinemark Holdings, Inc. CNK | FY2025 | $3.1B | $138.2M | 4.4% | $4.6B | 29/100 |
Where MANCHESTER UNITED PLC Ranks
Frequently Asked Questions
What is MANCHESTER UNITED PLC's annual revenue?
MANCHESTER UNITED PLC (MANU) reported $914.6M in total revenue for fiscal year 2025. This represents a 9.3% change compared to the previous fiscal year. Revenue measures the total income earned from the company's primary business operations before any expenses are deducted.
How fast is MANCHESTER UNITED PLC's revenue growing?
MANCHESTER UNITED PLC (MANU) revenue grew by 9.3% year-over-year, from $836.5M to $914.6M in fiscal year 2025.
Is MANCHESTER UNITED PLC profitable?
No, MANCHESTER UNITED PLC (MANU) reported a net loss of $45.3M in fiscal year 2025, with a net profit margin of -5.0%.
How much debt does MANCHESTER UNITED PLC have?
As of fiscal year 2025, MANCHESTER UNITED PLC (MANU) had $118.2M in cash and equivalents against $647.5M in long-term debt.
What is MANCHESTER UNITED PLC's operating margin?
MANCHESTER UNITED PLC (MANU) had an operating margin of -2.8% in fiscal year 2025, reflecting the profitability of core business operations before interest and taxes.
What is MANCHESTER UNITED PLC's net profit margin?
MANCHESTER UNITED PLC (MANU) had a net profit margin of -5.0% in fiscal year 2025, representing the share of revenue converted into profit after all expenses.
What is MANCHESTER UNITED PLC's return on equity (ROE)?
MANCHESTER UNITED PLC (MANU) has a return on equity of -17.1% for fiscal year 2025, measuring how efficiently the company generates profit from shareholder equity.
What is MANCHESTER UNITED PLC's free cash flow?
MANCHESTER UNITED PLC (MANU) generated $38.4M in free cash flow during fiscal year 2025. This represents a -55.4% change compared to the previous fiscal year. Free cash flow represents the cash a company generates after accounting for capital expenditures, and is widely used to assess financial flexibility and shareholder value.
What is MANCHESTER UNITED PLC's operating cash flow?
MANCHESTER UNITED PLC (MANU) generated $99.8M in operating cash flow during fiscal year 2025, representing cash generated from core business activities.
What are MANCHESTER UNITED PLC's total assets?
MANCHESTER UNITED PLC (MANU) had $2.2B in total assets as of fiscal year 2025, including both current and long-term assets.
What are MANCHESTER UNITED PLC's capital expenditures?
MANCHESTER UNITED PLC (MANU) invested $61.4M in capital expenditures during fiscal year 2025, funding long-term assets and infrastructure.
What is MANCHESTER UNITED PLC's current ratio?
MANCHESTER UNITED PLC (MANU) had a current ratio of 0.38 as of fiscal year 2025, which is below 1.0, which may suggest potential liquidity concerns.
What is MANCHESTER UNITED PLC's debt-to-equity ratio?
MANCHESTER UNITED PLC (MANU) had a debt-to-equity ratio of 2.44 as of fiscal year 2025. We compute it as long-term debt divided by total shareholder equity, where long-term debt is the noncurrent part of the company's borrowings, so debt due within the next twelve months is not counted.
What is MANCHESTER UNITED PLC's liabilities-to-equity ratio?
MANCHESTER UNITED PLC (MANU) had a liabilities-to-equity ratio of 7.45 as of fiscal year 2025, which is total liabilities divided by total shareholder equity. Total liabilities counts every obligation on the balance sheet (payables, deposits, insurance reserves and deferred taxes as well as borrowings), so this ratio usually runs well above debt-to-equity.
What is MANCHESTER UNITED PLC's return on assets (ROA)?
MANCHESTER UNITED PLC (MANU) had a return on assets of -2.0% for fiscal year 2025, measuring how efficiently the company uses its assets to generate profit.
What is MANCHESTER UNITED PLC's P/E ratio?
MANCHESTER UNITED PLC (MANU) has no price-to-earnings ratio at the moment: net loss, so no earnings multiple (FY2025). The market capitalization is $3.6B as of Oct 22, 2026; a multiple compares that price with a filed figure and says nothing about the quality of the business.
What is MANCHESTER UNITED PLC's price-to-sales ratio?
MANCHESTER UNITED PLC (MANU) trades at 3.9x sales, its market capitalization divided by $914.6M revenue, FY2025. The market capitalization is $3.6B as of Oct 22, 2026; a multiple compares that price with a filed figure and says nothing about the quality of the business.
What is MANCHESTER UNITED PLC's Altman Z-Score?
MANCHESTER UNITED PLC (MANU) has an Altman Z-Score of 0.82, placing it in the Distress Zone (elevated bankruptcy risk). The Z-Score combines five financial ratios (working capital, retained earnings, EBIT, market capitalization, and revenue relative to total assets) to predict the likelihood of bankruptcy. Scores above 2.99 indicate financial safety while scores below 1.81 suggest financial distress. Learn more in our complete guide to financial health indicators.
What is MANCHESTER UNITED PLC's Piotroski F-Score?
MANCHESTER UNITED PLC (MANU) has a Piotroski F-Score of 5 out of 7 computable signals; 2 of the nine could not be computed from available data, so the full-scale strength rating is not shown. The F-Score evaluates nine binary signals across profitability (positive ROA, positive cash flow, improving ROA, earnings quality), leverage (decreasing debt, improving liquidity, no share dilution), and operating efficiency (improving gross margin, improving asset turnover). Scores of 7 to 9 indicate strong and improving fundamentals. Learn more in our complete guide to financial health indicators.
Are MANCHESTER UNITED PLC's earnings high quality?
MANCHESTER UNITED PLC (MANU) reported a net loss of $45.3M while generating $99.8M in operating cash flow. Operations generated cash despite the loss, but with no positive earnings behind it, the ratio between the two carries no quality signal. This ratio compares operating cash flow to net income. A ratio above 1.0x means the company generates more cash than its reported earnings, indicating sustainable, cash-backed profits. Ratios below 1.0x suggest earnings rely on accounting accruals rather than actual cash generation. Learn more in our complete guide to financial health indicators.
Can MANCHESTER UNITED PLC cover its interest payments?
MANCHESTER UNITED PLC (MANU) reported an operating loss of $25.3M against $80.9M in interest expense. There is no operating profit to cover interest, so interest must be met from cash reserves or from financing rather than from operations. This ratio divides operating income by interest expense. Ratios above 5x indicate strong debt-servicing ability, while ratios below 2x suggest the company may face difficulty meeting interest payments if earnings decline. Learn more in our complete guide to financial health indicators.
How financially healthy is MANCHESTER UNITED PLC?
MANCHESTER UNITED PLC (MANU) scores 33 out of 100 on our Financial Health Score, indicating weak standing within its operating companies peer group. The score is the average of six dimensions (Profitability, Growth, Leverage, Liquidity, Cash Flow, Returns), each ranked as a percentile relative to companies in the same scoring family (banks against banks, REITs against REITs, and so on) rather than across all industries. It rates the quality of the business, not whether the stock is fairly priced, and is not financial advice. Learn more in our complete guide to financial health indicators.