Cash flow TKO Group Holdings, Inc.

Equities

TKO

US87256C1018

Entertainment Production

End-of-day quote Nyse Other stock markets 06/02/2026			5-day change	1st Jan Change
211.90 ^USD	+1.80%		+4.60%	+1.39%

02-06	DraftKings Inc. Expands Prediction Markets Catalog in Deal with Crypto.com	CI
02-03	JPMorgan Adjusts Price Target on TKO Group Holdings to $225 From $220, Maintains Overweight Rating	MT

c39e93ff3124c03655b8f.NCEECmgDIOHbAdJRwua0bmi6i_l6JLsmjsCfGn6sIJY.TFNbQy13dYKdXrQSr4znLQ7Q6rUuHcgfvvSvSyTlVdV6aUJcOXZT0a8sgw

Published financial data: TKO GROUP HOLDINGS, INC.

Annual

Quarterly

Halfyear

YTD

LTM

Fiscal Period: December	2020	2021	2022	2023	2024
Revenues	891M	1.03B	1.14B	1.67B	2.8B
Total Revenues	891M	1.03B	1.14B	1.67B	2.8B
Cost of Goods Sold, Total	267M	336M	326M	515M	900M
Gross Profit	624M	696M	815M	1.16B	1.9B
Selling General & Admin Expenses, Total	204M	242M	210M	549M	1.23B
Depreciation & Amortization - (IS)	106M	63.25M	60.03M	165M	393M
Other Operating Expenses, Total	310M	305M	270M	714M	1.62B
Operating Income	314M	391M	544M	447M	283M
Interest Expense, Total	-119M	-102M	-140M	-239M	-249M
Net Interest Expenses	-119M	-102M	-140M	-239M	-249M
Income (Loss) On Equity Invest.	-6.57M	-	-209K	-266K	-2.27M
Currency Exchange Gains (Loss)	-900K	-400K	-1.3M	-1.1M	-600K
Other Non Operating Income (Expenses)	542K	4K	29K	914K	563K
EBT, Excl. Unusual Items	189M	288M	403M	207M	31.48M
Gain (Loss) On Sale Of Investments	-	900K	-	-	-
Other Unusual Items	-	-	-	-	600K
EBT, Incl. Unusual Items	189M	289M	403M	207M	32.08M
Income Tax Expense	10.32M	15.77M	14.32M	31.45M	25.71M
Earnings From Continuing Operations	178M	274M	389M	176M	6.38M
Net Income to Company	178M	274M	389M	176M	6.38M
Minority Interest	-1.16M	-1.28M	-1.75M	32.45M	3.03M
Net Income - (IS)	177M	272M	387M	208M	9.41M
Preferred Dividend and Other Adjustments	-	-	-	243M	-
Net Income to Common Incl Extra Items	177M	272M	387M	-35.23M	9.41M
Net Income to Common Excl. Extra Items	177M	272M	387M	-35.23M	9.41M
Per Share Items
Net EPS - Basic	-	-	4.66	-0.43	0.12
Basic EPS - Continuing Operations	-	-	4.66	-0.43	0.12
Basic Weighted Average Shares Outstanding	-	-	83.16M	82.81M	81.34M
Net EPS - Diluted	-	-	4.61	-0.43	0.02
Diluted EPS - Continuing Operations	-	-	4.61	-0.43	0.02
Diluted Weighted Average Shares Outstanding	-	-	83.95M	82.81M	172M
Normalized Basic EPS	-	-	3.01	1.96	0.28
Normalized Diluted EPS	-	-	2.98	1.96	0.13
Payout Ratio	176.28	98.8	282.98	296.67	714.88
Supplemental Items
EBITDA	420M	454M	604M	611M	676M
EBITA	409M	442M	591M	576M	587M
EBIT	314M	391M	544M	447M	283M
EBITDAR	422M	457M	607M	-	684M
Effective Tax Rate - (Ratio)	5.47	5.45	3.55	15.18	80.12
Current Domestic Taxes	630K	315K	816K	5.74M	40.15M
Current Foreign Taxes	9.58M	16.3M	13.18M	25.48M	43.69M
Total Current Taxes	10.2M	16.62M	14M	31.22M	83.85M
Deferred Domestic Taxes	194K	492K	460K	-54K	-58.1M
Deferred Foreign Taxes	-75K	-1.34M	-142K	276K	-44K
Total Deferred Taxes	119K	-848K	318K	222K	-58.14M
Normalized Net Income	117M	179M	250M	162M	22.71M
Interest on Long-Term Debt	-	-	-	6M	19.45M
Supplemental Operating Expense Items
Net Rental Expense, Total	2.6M	3M	2.1M	-	8.24M
Imputed Operating Lease Interest Expense	-	-	832K	-	5.42M
Imputed Operating Lease Depreciation	-	-	1.27M	-	2.82M
Stock-Based Comp., Other (Total)	31.74M	63.86M	23.74M	57.11M	94.64M
Total Stock-Based Compensation	31.74M	63.86M	23.74M	57.11M	94.64M

Fiscal Period: December	2020	2021	2022	2023	2024
Assets
Cash And Equivalents	-	875M	181M	236M	526M
Total Cash And Short Term Investments	-	875M	181M	236M	526M
Accounts Receivable, Total	-	21.56M	45.45M	147M	221M
Total Receivables	-	21.56M	45.45M	147M	221M
Prepaid Expenses	-	-	-	66.03M	106M
Other Current Assets, Total	-	52M	42.28M	43.53M	16.53M
Total Current Assets	-	948M	268M	492M	870M
Gross Property Plant And Equipment	-	239M	257M	988M	947M
Accumulated Depreciation	-	-45.61M	-58.7M	-88.32M	-142M
Net Property Plant And Equipment	-	193M	198M	900M	805M
Long-term Investments	-	1.75M	5.42M	16.39M	32.16M
Goodwill	-	2.6B	2.6B	7.67B	7.66B
Other Intangibles, Total	-	522M	476M	3.56B	3.26B
Deferred Tax Assets Long-Term	-	2.18M	2.12M	-	-
Other Long-Term Assets, Total	-	25.79M	28.17M	52.14M	65.5M
Total Assets	-	4.3B	3.58B	12.69B	12.7B
Liabilities
Accounts Payable, Total	-	11.64M	16.84M	42.04M	29.68M
Accrued Expenses, Total	-	93.06M	109M	243M	228M
Current Portion of Long-Term Debt	-	22.89M	22.68M	22.37M	26.51M
Current Portion of Leases	-	1.58M	1.79M	12.38M	17.78M
Unearned Revenue Current, Total	-	50.69M	71.62M	119M	101M
Other Current Liabilities	-	7.45M	7.95M	33.07M	267M
Total Current Liabilities	-	187M	230M	472M	671M
Long-Term Debt	-	2.81B	2.74B	2.71B	2.73B
Long-Term Leases	-	18.59M	22.59M	278M	258M
Unearned Revenue Non Current	-	17.5M	11.06M	672K	2.5M
Deferred Tax Liability Non Current	-	1.13M	1.55M	373M	312M
Other Non Current Liabilities	-	4.3M	209K	2.37M	4.96M
Total Liabilities	-	3.04B	3B	3.84B	3.98B
Common Stock, Total	-	1.25B	568M	2K	2K
Additional Paid In Capital	-	-	-	4.24B	4.39B
Retained Earnings	-	-	-	-135M	-292M
Comprehensive Income and Other	-	-2.52M	846K	-332K	-2.55M
Total Common Equity	-	1.25B	569M	4.11B	4.09B
Minority Interest	-	9.7M	9.91M	4.74B	4.63B
Total Equity	-	1.26B	579M	8.85B	8.72B
Total Liabilities And Equity	-	4.3B	3.58B	12.69B	12.7B
Supplemental Items
ECS Total Shares Outstanding on Filing Date	-	-	83.16M	82.32M	81.55M
ECS Total Common Shares Outstanding	-	-	83.16M	82.29M	81.2M
Book Value / Share	-	-	6.84	49.93	50.38
Tangible Book Value	-	-1.88B	-2.51B	-7.12B	-6.84B
Tangible Book Value Per Share	-	-	-30.18	-86.53	-84.19
Total Debt	-	2.85B	2.78B	3.03B	3.04B
Net Debt	-	1.98B	2.6B	2.79B	2.51B
Debt Equivalent Oper. Leases	20.8M	24M	16.8M	-	65.94M
Minority Interest, Total (Incl. Fin. Div)	-	9.7M	9.91M	4.74B	4.63B
Equity Method Investments, Total	-	-	-	3.78M	17.05M
Account Code - Inventory Valuation	-	-	3	3	3
Land - (BS)	-	48.78M	50.54M	80.92M	50.54M
Buildings, Total	-	117M	117M	394M	378M
Machinery, Total	-	51.68M	59.29M	201M	211M
Accumulated Allowance for Doubtful Accounts (Supple)	-	479K	2.36M	1.09M	3.13M

Fiscal Period: December	2020	2021	2022	2023	2024
Net Income	177M	272M	387M	176M	9.41M
Depreciation & Amortization - CF	11.2M	12.85M	13.33M	35.32M	88.34M
Amortization of Goodwill and Intangible Assets - (CF)	94.4M	50.4M	46.7M	129M	304M
Depreciation & Amortization, Total	106M	63.25M	60.03M	165M	393M
Amortization of Deferred Charges, Total - (CF)	18.34M	18.5M	25.17M	34.39M	35.64M
(Gain) Loss on Sale of Investments - (CF)	-	-889K	-	-	-
Asset Writedown & Restructuring Costs	-	-	-	-	27.93M
(Income) Loss On Equity Investments - (CF)	6.57M	-	209K	266K	2.27M
Stock-Based Compensation (CF)	31.74M	63.86M	23.74M	57.11M	94.64M
Provision and Write-off of Bad Debts	5.45M	-841K	3.29M	188K	2.52M
Other Operating Activities, Total	256K	123K	4.08M	8.16M	-72.7M
Change In Accounts Receivable	1.3M	4.4M	-26.4M	15.07M	-52.68M
Change In Accounts Payable	9.11M	25.98M	19.66M	38.19M	221M
Change in Unearned Revenues	25.12M	29.54M	10.73M	-17.21M	-17.72M
Change in Other Net Operating Assets	-29.41M	-35.02M	-6.06M	-8.11M	-59.6M
Cash from Operations	351M	441M	502M	468M	583M
Capital Expenditure	-20.72M	-6.79M	-11.99M	-48.63M	-74.95M
Sale of Property, Plant, and Equipment	-	-	-	-	28.36M
Cash Acquisitions	-	-	-	381M	-
Sale (Purchase) of Intangible assets	-968K	-4.34M	-418K	-	-
Investment in Marketable and Equity Securities, Total	-250K	-499K	-875K	765K	-23.46M
Other Investing Activities, Total	10K	150K	15K	-	11M
Cash from Investing	-21.92M	-11.48M	-13.26M	333M	-59.05M
Long-Term Debt Issued, Total	300M	594M	-	100M	2.9B
Total Debt Issued	300M	594M	-	100M	2.9B
Long-Term Debt Repaid, Total	-176M	-208M	-82.6M	-133M	-2.89B
Total Debt Repaid	-176M	-208M	-82.6M	-133M	-2.89B
Issuance of Common Stock	-	53.09M	-	5.81M	6.39M
Repurchase of Common Stock	-	-	-	-100M	-171M
Common Dividends Paid	-312M	-269M	-1.1B	-618M	-67.26M
Common & Preferred Stock Dividends Paid	-312M	-269M	-1.1B	-618M	-67.26M
Other Financing Activities, Total	-10.94M	-7.9M	-2.88M	-286K	-8.26M
Cash from Financing	-200M	163M	-1.18B	-745M	-232M
Foreign Exchange Rate Adjustments	147K	227K	-1.19M	-923K	-2.38M
Net Change in Cash	130M	592M	-694M	55.26M	290M
Supplemental Items
Cash Interest Paid	103M	84.15M	118M	227M	268M
Cash Income Tax Paid (Refund)	10.18M	18.58M	14.79M	23.2M	89.02M
Levered Free Cash Flow	-	-	378M	400M	571M
Unlevered Free Cash Flow	-	-	455M	539M	716M
Change In Net Working Capital	-	-	-28.7M	-62.82M	-102M
Net Debt Issued / Repaid	124M	386M	-82.6M	-33.41M	7.52M

Fiscal Period: December	2020	2021	2022	2023	2024
Profitability
Return on Assets	-	-	8.64	3.43	1.39
Return on Total Capital	-	-	9.11	3.66	1.5
Return On Equity %	-	-	42.34	3.73	0.07
Return on Common Equity	-	-	42.61	-1.51	0.23
Margin Analysis
Gross Profit Margin %	70	67.48	71.44	69.28	67.91
SG&A Margin	22.9	23.45	18.43	32.78	43.81
EBITDA Margin %	47.1	44.03	53.01	36.49	24.1
EBITA Margin %	45.84	42.79	51.84	34.39	20.95
EBIT Margin %	35.25	37.9	47.75	26.67	10.09
Income From Continuing Operations Margin %	20.01	26.52	34.12	10.49	0.23
Net Income Margin %	19.88	26.39	33.97	12.43	0.34
Net Avail. For Common Margin %	19.88	26.39	33.97	-2.1	0.34
Normalized Net Income Margin	13.1	17.35	21.96	9.67	0.81
Levered Free Cash Flow Margin	-	-	33.18	23.88	20.36
Unlevered Free Cash Flow Margin	-	-	39.89	32.17	25.54
Asset Turnover
Asset Turnover	-	-	0.29	0.21	0.22
Fixed Assets Turnover	-	-	5.82	3.05	3.29
Receivables Turnover (Average Receivables)	-	-	34.03	15.49	15.22
Short Term Liquidity
Current Ratio	-	5.06	1.17	1.04	1.3
Quick Ratio	-	4.78	0.98	0.81	1.11
Operating Cash Flow to Current Liabilities	-	2.36	2.18	0.99	0.87
Days Sales Outstanding (Average Receivables)	-	-	10.73	23.57	24.04
Average Days Payable Outstanding	-	-	15.96	20.88	14.59
Long Term Solvency
Total Debt/Equity	-	226.59	480.87	34.2	34.82
Total Debt / Total Capital	-	69.38	82.78	25.48	25.82
LT Debt/Equity	-	224.64	476.64	33.81	34.31
Long-Term Debt / Total Capital	-	68.78	82.06	25.19	25.45
Total Liabilities / Total Assets	-	70.7	83.84	30.26	31.35
EBIT / Interest Expense	2.65	3.83	3.9	1.87	1.14
EBITDA / Interest Expense	3.54	4.47	4.35	2.58	2.75
(EBITDA - Capex) / Interest Expense	3.37	4.41	4.26	2.37	2.44
Total Debt / EBITDA	-	6.24	4.59	4.92	4.44
Net Debt / EBITDA	-	4.32	4.29	4.53	3.67
Total Debt / (EBITDA - Capex)	-	6.33	4.68	5.34	4.98
Net Debt / (EBITDA - Capex)	-	4.39	4.38	4.92	4.12
Growth Over Prior Year
Total Revenues, 1 Yr. Growth %	-	15.8	10.49	46.91	67.43
Gross Profit, 1 Yr. Growth %	-	11.63	16.98	42.45	64.13
EBITDA, 1 Yr. Growth %	-	8.26	33.02	1.13	10.55
EBITA, 1 Yr. Growth %	-	8.08	33.87	-2.56	1.99
EBIT, 1 Yr. Growth %	-	24.52	39.18	-17.95	-36.66
Earnings From Cont. Operations, 1 Yr. Growth %	-	53.44	42.17	-54.83	-96.37
Net Income, 1 Yr. Growth %	-	53.72	42.2	-46.25	-95.48
Normalized Net Income, 1 Yr. Growth %	-	53.35	39.84	-35.31	-85.98
Diluted EPS Before Extra, 1 Yr. Growth %	-	-	-	-	-103.78
Accounts Receivable, 1 Yr. Growth %	-	-	110.75	112.21	50.58
Net Property, Plant and Equip., 1 Yr. Growth %	-	-	2.65	353.62	-10.52
Total Assets, 1 Yr. Growth %	-	-	-16.65	254.42	0.07
Tangible Book Value, 1 Yr. Growth %	-	-	33.76	183.77	-4
Common Equity, 1 Yr. Growth %	-	-	-54.45	622.25	-0.44
Cash From Operations, 1 Yr. Growth %	-	25.62	13.71	-6.65	24.56
Capital Expenditures, 1 Yr. Growth %	-	-67.22	76.52	292.08	54.11
Levered Free Cash Flow, 1 Yr. Growth %	-	-	-	5.77	42.69
Unlevered Free Cash Flow, 1 Yr. Growth %	-	-	-	18.47	32.89
Compound Annual Growth Rate Over Two Years
Total Revenues, 2 Yr. CAGR %	-	-	13.11	27.4	56.83
Gross Profit, 2 Yr. CAGR %	-	-	14.27	29.09	52.91
EBITDA, 2 Yr. CAGR %	-	-	20	15.99	5.74
EBITA, 2 Yr. CAGR %	-	-	20.29	14.21	-0.31
EBIT, 2 Yr. CAGR %	-	-	31.64	6.86	-27.91
Earnings From Cont. Operations, 2 Yr. CAGR %	-	-	47.7	-19.86	-87.2
Net Income, 2 Yr. CAGR %	-	-	47.85	-12.57	-84.41
Normalized Net Income, 2 Yr. CAGR %	-	-	46.44	-5.04	-69.88
Diluted EPS Before Extra, 2 Yr. CAGR %	-	-	-	-	-94.06
Accounts Receivable, 2 Yr. CAGR %	-	-	-	161.12	78.76
Net Property, Plant and Equip., 2 Yr. CAGR %	-	-	-	115.78	101.47
Total Assets, 2 Yr. CAGR %	-	-	-	71.87	88.33
Tangible Book Value, 2 Yr. CAGR %	-	-	-	94.83	65.06
Common Equity, 2 Yr. CAGR %	-	-	-	81.39	168.16
Cash From Operations, 2 Yr. CAGR %	-	-	19.52	3.03	7.83
Capital Expenditures, 2 Yr. CAGR %	-	-	-23.94	109.03	145.81
Levered Free Cash Flow, 2 Yr. CAGR %	-	-	-	-	22.85
Unlevered Free Cash Flow, 2 Yr. CAGR %	-	-	-	-	25.47
Compound Annual Growth Rate Over Three Years
Total Revenues, 3 Yr. CAGR %	-	-	-	23.41	39.55
Gross Profit, 3 Yr. CAGR %	-	-	-	22.98	39.85
EBITDA, 3 Yr. CAGR %	-	-	-	13.35	14.14
EBITA, 3 Yr. CAGR %	-	-	-	12.13	9.98
EBIT, 3 Yr. CAGR %	-	-	-	12.45	-10.24
Earnings From Cont. Operations, 3 Yr. CAGR %	-	-	-	-0.49	-71.44
Net Income, 3 Yr. CAGR %	-	-	-	5.52	-67.43
Normalized Net Income, 3 Yr. CAGR %	-	-	-	11.52	-49.81
Accounts Receivable, 3 Yr. CAGR %	-	-	-	-	117.34
Net Property, Plant and Equip., 3 Yr. CAGR %	-	-	-	-	60.91
Total Assets, 3 Yr. CAGR %	-	-	-	-	43.52
Tangible Book Value, 3 Yr. CAGR %	-	-	-	-	53.89
Common Equity, 3 Yr. CAGR %	-	-	-	-	48.51
Cash From Operations, 3 Yr. CAGR %	-	-	-	10.07	9.76
Capital Expenditures, 3 Yr. CAGR %	-	-	-	32.9	88.83