TKO Group Financials
TKO Group (TKO) reported $4.7B in revenue for fiscal year 2025, down 3.1% from the prior fiscal year. This page shows its income statement, balance sheet, cash flow statement, and key financial ratios. View 5 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).
A cash-backed margin rebound in FY2025 shows expense structure, not steady revenue growth, is driving reported profitability.
Between FY2024 and FY2025, margin recovery came without top-line help: revenue slipped to$4.7B while operating margin rebounded to17.6% . Because operating cash flow simultaneously climbed to$1.29B , the rebound looks tied to a leaner expense base and stronger cash conversion rather than simple sales growth.
The balance sheet is acquisition-shaped: goodwill of
FY2025 profit was cash-heavy, with operating cash flow of
Financial Health Signals
Scored against operating companies for FY2025. Each of the six dimensions is a percentile rank within that peer group; the overall is their average, with missing dimensions counted as zero out of six. 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 TKO Group'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.
TKO Group has an operating margin of 17.6%, meaning the company retains $18 of operating profit per $100 of revenue. This results in a moderate score of 64/100, indicating healthy but not exceptional operating efficiency. This is up from 0.6% the prior year.
TKO Group's revenue declined 3.1% year-over-year, from $4.9B to $4.7B. This contraction results in a growth score of 83/100.
TKO Group has elevated debt relative to equity (D/E of 1.00), meaning the company relies heavily on borrowed funds. This high leverage results in a low score of 28/100, reflecting increased financial risk.
TKO Group's current ratio of 1.26 indicates adequate short-term liquidity, earning a score of 31/100. The company can meet its near-term obligations, though with limited headroom.
Not available for TKO Group, and counted as zero in the overall score.
TKO Group's ROE of 14.6% shows moderate profitability relative to equity, earning a score of 45/100. This is up from 0.2% the prior year.
TKO Group scores 2.31, placing it in the grey zone between 1.81 and 2.99. The score is driven primarily by a large market capitalization ($36.6B) relative to total liabilities ($11.8B). This signals moderate financial risk that warrants monitoring.
Distress-screening estimate for non-financial companies. Not computed for banks or insurers, where the Altman model does not apply.
TKO Group passes 5 of 7 computable financial strength tests (2 of the nine could not be computed from available data). All 4 profitability signals pass (positive income, cash flow, and earnings quality), 1 of 2 leverage/liquidity signals pass, neither operating efficiency signal passes.
For every $1 of reported earnings, TKO Group generates $2.35 in operating cash flow ($1.3B OCF vs $546.3M net income). This indicates profits are well-supported by actual cash generation, not accounting adjustments.
TKO Group earns $4.12 in operating income for every $1 of interest expense ($835.0M vs $202.7M). This adequate coverage means the company can meet its interest obligations, but has limited cushion if earnings fall.
Key Financial Metrics
Earnings & Revenue
TKO Group generated $4.7B in revenue in fiscal year 2025. This represents a decrease of 3.1% from the prior year.
TKO Group's EBITDA was $1.3B in fiscal year 2025, measuring earnings before interest, taxes, depreciation, and amortization. This represents an increase of 170.0% from the prior year.
TKO Group reported $546.3M in net income in fiscal year 2025. This represents an increase of 8466.4% from the prior year.
TKO Group earned $2.26 per diluted share (EPS) in fiscal year 2025. This represents an increase of 11200.0% from the prior year.
Cash & Balance Sheet
TKO Group held $831.1M in cash against $3.7B in long-term debt as of fiscal year 2025.
Not reported for fiscal year 2025.
Not reported for fiscal year 2025.
Margins & Returns
TKO Group's operating margin was 17.6% in fiscal year 2025, reflecting core business profitability. This is up 17.0 percentage points from the prior year.
TKO Group's net profit margin was 11.5% in fiscal year 2025, showing the share of revenue converted to profit. This is up 11.4 percentage points from the prior year.
TKO Group's ROE was 14.6% in fiscal year 2025, measuring profit generated per dollar of shareholder equity. This is up 14.5 percentage points from the prior year.
Not reported for fiscal year 2025.
Capital Allocation
TKO Group spent $866.8M on share buybacks in fiscal year 2025, returning capital to shareholders by reducing shares outstanding. This represents an increase of 425.4% from the prior year.
Not reported for fiscal year 2025.
Not reported for fiscal year 2025.
TKO Income Statement
Figures in USD, abbreviated K (thousand), M (million), B (billion), T (trillion). Negative values carry a minus sign and red type.
| Metric | TTM | FY25 | FY24 | FY23 | FY22 | FY21 |
|---|---|---|---|---|---|---|
| Revenue | $5.3B | $4.7B-3.1% | $4.9B+51.5% | $3.2B+20.6% | $2.7B+159.1% | $1.0B |
| SG&A Expenses | N/A | $1.5B-14.6% | $1.8B+72.5% | $1.0B+61.1% | $637.1M+163.3% | $242.0M |
| Operating Income | $997.6M | $835.0M+2598.3% | $30.9M-91.8% | $375.8M-29.5% | $532.9M+36.2% | $391.1M |
| Interest Expense | N/A | $202.7M-14.0% | $235.8M+2.7% | $229.6M+71.2% | $134.1M+31.1% | $102.2M |
| Income Tax | N/A | $73.8M+98.0% | $37.3M+12.2% | $33.2M+108.8% | $15.9M+0.8% | $15.8M |
| Net Income | $229.6M | $546.3M+8466.4% | $6.4M-96.4% | $175.7M | $0-100.0% | $273.6M |
| EPS (Diluted) | $2.85 | $2.26+11200.0% | $0.02+104.7% | -$0.43 | N/A | N/A |
Not reported in any period shown, so not listed: Cost of Revenue, Gross Profit, R&D Expenses.
TTM is the trailing twelve months, Q3 FY2025 through Q2 FY2026, summed from the four most recent quarterly filings. A row marked — cannot be summed at all, because a quarter in the window reports no per-share figure; a row marked N/A could be summed, but a quarter in the window does not report that metric.
TKO Balance Sheet
Figures in USD, abbreviated K (thousand), M (million), B (billion), T (trillion). Negative values carry a minus sign and red type.
| Metric | FY25 | FY24 | FY23 | FY22 | FY21 |
|---|---|---|---|---|---|
| Total Assets | $15.5B+2.5% | $15.1B-1.8% | $15.4B+162.7% | $5.9B | N/A |
| Current Assets | $2.3B+52.4% | $1.5B-6.1% | $1.6B+66.9% | $975.1M | N/A |
| Cash & Equivalents | $831.1M+34.1% | $619.8M+71.8% | $360.7M+18.3% | $304.9M-70.4% | $1.0B |
| Accounts Receivable | $558.3M+32.0% | $423.0M+18.1% | $358.3M+25.5% | $285.6M | N/A |
| Goodwill | $8.4B0.0% | $8.4B0.0% | $8.4B+149.2% | $3.4B+0.1% | $3.4B |
| Total Liabilities | $11.8B+6.7% | $11.0B-2.3% | $11.3B+189.4% | $3.9B | N/A |
| Current Liabilities | $1.8B+30.7% | $1.4B+1.9% | $1.4B+56.7% | $886.0M | N/A |
| Long-Term Debt | $3.7B+36.1% | $2.7B+0.7% | $2.7B-0.8% | $2.7B | N/A |
| Total Equity | $3.7B-8.6% | $4.1B-0.4% | $4.1B+110.1% | $2.0B-22.2% | $2.5B |
| Retained Earnings | -$797.3M-173.3% | -$291.7M-115.7% | -$135.2M | $0 | N/A |
Not reported in any period shown, so not listed: Inventory.
TKO Cash Flow Statement
Figures in USD, abbreviated K (thousand), M (million), B (billion), T (trillion). Negative values carry a minus sign and red type.
| Metric | TTM | FY25 | FY24 | FY23 | FY22 | FY21 |
|---|---|---|---|---|---|---|
| Operating Cash Flow | $1.8B | $1.3B+119.4% | $586.1M+120.2% | $266.2M-32.6% | $394.8M-10.5% | $441.2M |
| Investing Cash Flow | -$145.1M | -$146.9M-25.3% | -$117.2M-225.9% | -$36.0M+24.6% | -$47.7M-315.5% | -$11.5M |
| Financing Cash Flow | -$940.7M | -$635.7M-310.3% | -$155.0M+11.0% | -$174.1M+83.4% | -$1.1B-747.0% | $162.5M |
| Dividends Paid | $240.4M | $185.2M | N/A | N/A | N/A | N/A |
| Share Buybacks | N/A | $866.8M+425.4% | $165.0M+65.0% | $100.0M | $0 | N/A |
Not reported in any period shown, so not listed: Capital Expenditures, Free Cash Flow.
TTM is the trailing twelve months, Q3 FY2025 through Q2 FY2026, summed from the four most recent quarterly filings. A row marked — cannot be summed at all, because a quarter in the window reports no per-share figure; a row marked N/A could be summed, but a quarter in the window does not report that metric.
TKO Financial Ratios
Margins and returns are percentages; the remaining ratios are unitless multiples.
| Metric | FY25 | FY24 | FY23 | FY22 | FY21 |
|---|---|---|---|---|---|
| Operating Margin | 17.6%+17.0pp | 0.6%-11.0pp | 11.7%-8.3pp | 19.9%-18.0pp | 37.9% |
| Net Margin | 11.5%+11.4pp | 0.1%-5.3pp | 5.5%+5.5pp | 0.0%-26.5pp | 26.5% |
| Return on Equity | 14.6%+14.5pp | 0.2%-4.1pp | 4.3%+4.3pp | 0.0%-10.9pp | 10.9% |
| Return on Assets | 3.5%+3.5pp | 0.0%-1.1pp | 1.1%+1.1pp | 0.0% | N/A |
| Current Ratio | 1.26+0.2x | 1.08-0.1x | 1.17+0.1x | 1.10 | N/A |
| Debt-to-Equity | 1.00+0.3x | 0.670.0x | 0.66-0.7x | 1.40 | N/A |
Not reported in any period shown, so not listed: Gross Margin, FCF Margin.
Similar Companies
Where TKO Group Ranks
Frequently Asked Questions
What is TKO Group's annual revenue?
TKO Group (TKO) reported $4.7B in total revenue for fiscal year 2025. This represents a -3.1% 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 TKO Group's revenue growing?
TKO Group (TKO) revenue declined by 3.1% year-over-year, from $4.9B to $4.7B in fiscal year 2025.
Is TKO Group profitable?
Yes, TKO Group (TKO) reported a net income of $546.3M in fiscal year 2025, with a net profit margin of 11.5%.
What is TKO Group's EBITDA?
TKO Group (TKO) had EBITDA of $1.3B in fiscal year 2025, measuring earnings before interest, taxes, depreciation, and amortization.
How much debt does TKO Group have?
As of fiscal year 2025, TKO Group (TKO) had $831.1M in cash and equivalents against $3.7B in long-term debt.
What is TKO Group's operating margin?
TKO Group (TKO) had an operating margin of 17.6% in fiscal year 2025, reflecting the profitability of core business operations before interest and taxes.
What is TKO Group's net profit margin?
TKO Group (TKO) had a net profit margin of 11.5% in fiscal year 2025, representing the share of revenue converted into profit after all expenses.
What is TKO Group's return on equity (ROE)?
TKO Group (TKO) has a return on equity of 14.6% for fiscal year 2025, measuring how efficiently the company generates profit from shareholder equity.
What is TKO Group's operating cash flow?
TKO Group (TKO) generated $1.3B in operating cash flow during fiscal year 2025, representing cash generated from core business activities.
What are TKO Group's total assets?
TKO Group (TKO) had $15.5B in total assets as of fiscal year 2025, including both current and long-term assets.
What is TKO Group's current ratio?
TKO Group (TKO) had a current ratio of 1.26 as of fiscal year 2025, which is considered adequate.
What is TKO Group's debt-to-equity ratio?
TKO Group (TKO) had a debt-to-equity ratio of 1.00 as of fiscal year 2025, measuring the company's financial leverage by comparing total debt to shareholder equity.
What is TKO Group's return on assets (ROA)?
TKO Group (TKO) had a return on assets of 3.5% for fiscal year 2025, measuring how efficiently the company uses its assets to generate profit.
What is TKO Group's Altman Z-Score?
TKO Group (TKO) has an Altman Z-Score of 2.31, placing it in the Grey Zone (moderate 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 TKO Group's Piotroski F-Score?
TKO Group (TKO) 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 TKO Group's earnings high quality?
TKO Group (TKO) has an earnings quality ratio of 2.35x, considered cash-backed (high quality). 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 TKO Group cover its interest payments?
TKO Group (TKO) has an interest coverage ratio of 4.12x, meaning it can adequately cover its interest obligations. 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 TKO Group?
TKO Group (TKO) scores 42 out of 100 on our Financial Health Score, indicating moderate standing within its operating companies peer group. The score is a 0-100 composite 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.