TKO · NYSE · Entertainment

TKO Group (TKO)

Owns UFC and WWE while providing sports-rights, production, and premium event services.

$189.81
vs last close+0.94 (+0.50%)
Loading prices…

TKO Group Holdings, Inc.TKO
Communication Services

Owns UFC and WWE and operates IMG, On Location, and PBR, earning from media rights and production, live events and hospitality, partnerships, and licensing. Its portfolio combines owned sports properties with services for third-party rights holders under Silver Lake-controlled governance.

Owns and operates UFC and WWE, while the IMG segment combines sports-rights sales and production with On Location’s premium hospitality services. PBR stages bull-riding competitions, and the Zuffa Boxing joint venture supports professional boxing promotion. Revenue comes from media rights, production, live-event tickets and site fees, hospitality, partnerships, marketing, and consumer-product licensing.

Pairs owned combat-sports and sports-entertainment properties with services for third-party rights holders, extending content across broadcast and streaming platforms, arenas, sponsors, merchandise, and fan experiences. Events and distribution span global markets, with most UFC and WWE fans outside the United States.

Results depend on media distributors, athletes and performers, event hosts, and discretionary consumer and corporate spending. Silver Lake controls the issuer through its control of Endeavor, the majority voting holder.

Company facts

CEOAriel Emanuel
ListedSep 12, 2023
ExchangeNYSE
HeadquartersNew York City, NY
CountryUnited States
Employees4,000
CIK0001973266
ISINUS87256C1018

Market cap$14.16B
EPS (ttm)$2.90
P/E (ttm)65.13
ROE6.4%
P/B4.17
P/S2.67
Dividend yieldDiv yield1.66%
Beta0.49vs XLC 0.69

Price target$230.00+21.8%Average of 19 analysts
ConsensusBuy17 of 19 analysts
Ratings

Target rangeAs of Sep 22, 2026

Latest analyst notes

DateFirmActionPriorCurrent
Aug 4, 2026Roth CapitalReiterate
Rating: Target: $228
Rating: BuyTarget: $230
Aug 4, 2026Morgan StanleyReiterate
Rating: Target: $225
Rating: OverweightTarget: $230
Jul 28, 2026BernsteinReiterate
Rating: Target: $240
Rating: OutperformTarget: $235
Jul 15, 2026GuggenheimReiterate
Rating: Target: $225
Rating: BuyTarget: $230
Jul 14, 2026Seaport GlobalReiterate
Rating: Target: $214
Rating: BuyTarget: $210

Next report
Nov 4, 26
in 42 days
EPS estimate
$1.33
Revenue estimate
$1.39B
Fiscal quarter
Q3 FY26

EPSReportedEstimate

Feb '25May '25Aug '25Nov '25Feb '26May '26Aug '26Nov '26
Reported$0.35$0.69$1.17$0.50−$0.08$1.12$1.34Pending
Estimate$0.16$0.61$1.16$0.59$0.24$1.11$1.41$1.33
Surprise+118.7%+13.3%+0.9%−14.7%−133.7%+0.9%−5.0%

RevenueReportedEstimate

Feb '25May '25Aug '25Nov '25Feb '26May '26Aug '26Nov '26
Reported$642.2M$1.27B$1.31B$1.12B$1.04B$1.60B$1.55BPending
Estimate$605.6M$876.1M$1.23B$1.12B$1.02B$1.59B$1.54B$1.39B
Surprise+6.1%+44.8%+6.3%+0.2%+1.4%+0.3%+0.3%
Estimate$1.33
ReportedDue Nov 4, 2026
Estimate$1.39B
ReportedDue Nov 4, 2026
View details

Debt to equity145.90%
Current ratio122.50%

ProfitabilityRevenueNet incomeNet margin

Q3 FY24Q4 FY24Q1 FY25Q2 FY25Q3 FY25Q4 FY25Q1 FY26Q2 FY26
Revenue$1.54B$642.2M$1.27B$1.31B$1.12B$1.04B$1.60B$1.55B
Net income$23.1M$31.0M$58.4M$98.4M$41.0M−$2.4M$89.4M$101.6M
Net margin1.5%4.8%4.6%7.5%3.7%0.0%5.6%6.6%

GrowthOperating income

Q3 FY24Q4 FY24Q1 FY25Q2 FY25Q3 FY25Q4 FY25Q1 FY26Q2 FY26
Operating income$34.6M$105.1M$285.1M$386.6M$197.1M$92.5M$338.5M$429.8M
YoY growth−63.1%+7.2%+56.9%+205.2%+469.2%−12.0%+18.7%+11.2%

Balance sheet, Jun 30, 2026Cash & short-term investments $1.55B · Total debt $4.95B · Total assets $16.26B · Shareholders' equity $3.40B

Revenue
$1.55B
Operating income
$429.8M
Net income
$101.6M
View details

Dividend yield
1.66%
Next ex-date
Dec 15, 26
estimated · in 83 days
Annual dividend
$3.14
per share
Schedule
Quarterly
4 payments a year

HistoryDividendAnnual yield

Jun '23Mar '25Jun '25Sep '25Dec '25Mar '26Jun '26Sep '26
Dividend$0.12$0.38$0.38$0.76$0.78$0.78$0.79$0.79
Annual yield0.47%0.27%0.47%0.74%1.11%1.35%1.55%1.65%
Ex-dateJun 14Mar 14Jun 13Sep 15Dec 15Mar 16Jun 15Sep 15
Payment dateJun 26Mar 31Jun 30Sep 30Dec 30Mar 31Jun 30Sep 30
View details

Institutions≥ 36.83%69.71M shares
686 holders · as of Jun 30, 2026 · largest filers only
Insiders3.77%7.13M shares
13 holders · as of Sep 15, 2026
Strategic holders7.20%13.62M shares
2 holders · as of Aug 17, 2026
Other≤ 52.20%98.81M shares
remainder

189.27M company shares as of Sep 23, 2026 · institutions as of Jun 30, 2026 · holders as of their latest filing

Two share counts disagree (189.27M in the company's Sep 23, 2026 report, 74.97M elsewhere); stakes use the report.

This quarter's institutional total failed a plausibility check; shown: the 96 largest filers, so at least this.

This company has 2 share classes; every stake here is a share of the whole company.

Top shareholders13F · 13D/G · Form 4

HolderStakeSharesDate
Fenelon Opportunity Fund Inc.Strategic
5.00%9.46Mfiled Aug 17, 2026
Vincent K. Mcmahon1Insider10 percent owner
3.40%6.44M Afiled Aug 1, 2025
BlackRock, Inc.Institution
2.99%5.67M Aas of Jun 30, 2026
Morgan StanleyInstitution
2.48%4.70M Aas of Jun 30, 2026
State Street CorpInstitution
2.45%4.63M Aas of Jun 30, 2026
  1. Vincent K. Mcmahon's own ownership statement (13G, Aug 1, 2025) reports fewer shares than the transaction reports; the statement is used.

Insider tradesForm 4

DateInsiderRoleSharesAvg price
Sep 14, 2026Nick Khandirector−9,589$194.77
Aug 19, 2026Nick Khandirector−6,546$199.41
Aug 18, 2026Nick Khandirector−8,248$194.39
Aug 18, 2026Mark S. Shapirodirector, officer: See Remarks−19,120$194.39
Aug 18, 2026Ariel Emanueldirector, officer: Chief Executive Officer−24,702$194.39
View details

Compare

CompanyPriceChange
TKO Group$189.81+0.50%$14.16B65.134.02.7+18.2%
Formula One Group Series C$94.47−0.16%$23.71B51.444.45.5−30.4%
Live Nation Entertainment$169.66−0.11%$39.52B141.51.5+9.4%
Omnicom Group$75.46+0.15%$20.67B40.77.30.9+63.4%
Madison Square Garden Sports$395.43−0.30%$9.55B1,239.48.3+36.7%
Median51.444.43.5+23.0%