TKO Group Holdings, Inc. (TKO) Stock

TKO Group Holdings, Inc. (TKO) is a Communication Services stock trading at $195.34 (as of 2026-08-20), with a market capitalization of $14.82B and a trailing P/E of 64.6. Figures are sourced from first-party U.S. SEC EDGAR filings and market data.

TKO Group Holdings, Inc. is a sports and entertainment company operating through Media and Content, Live Events, Sponsorships, and Consumer Products Licensing. It develops event and video content for broadcast and streaming platforms, produces live events worldwide, and generates revenue from sponsorship/advertising placements and consumer licensing tied to merchandising and related offerings.

Understand TKO Group Holdings, Inc.: how it makes money

TKO Group Holdings operates major sports entertainment brands, producing live events and television and video content, and it makes money through segment revenues tied to these brands, including media rights, live event related revenue, sponsorships, and consumer products licensing.

TKO’s profit engine is monetizing its sports entertainment brands across live events and content (media rights and production), then extending those brands through sponsorship and consumer licensing, with the largest revenue coming from its three core brand segments (IMG, WWE, and UFC).

Revenue by segment (latest quarter)
IMG$0.7B
WWE$0.5B
UFC$0.4B
Corp/Other$0.1B

Business quality (Solid): The provided data shows a clear brand-level revenue split and multiple event-related operating metrics, but it does not provide operating metrics like viewership, subscriber counts, or licensing volumes, so assessing content and licensing performance is more limited.

Valuation: At 80× earnings, TKO trades 52% above the Entertainment average (53×). Note: one-time items can distort reported P/E.

Bull case

  • Brand scale across core segments: Segment revenue is led by IMG (0.66B), with WWE (0.48B) and UFC (0.4B) also contributing meaningfully in the latest period.
  • Diverse monetization across the event to media to licensing chain: The business model includes live events and television and long-form and short-form video content, with revenue sources that also include sponsorships and consumer products licensing.
  • Global distribution footprint: Content is delivered across approximately 170 countries via broadcast, pay television, streaming, and digital and social media.

Bear case

  • Live-event execution is a key operational driver: Investor-tracked operating metrics provided here include WWE Sold-Out Events and UFC Events Held, indicating results can be sensitive to event availability and outcomes.
  • Some revenue visibility is less direct: While the model includes sponsorships and consumer products licensing, the provided KPI set is event-count oriented, so licensing and sponsorship performance is not directly quantified in the operational metrics shown.
  • Not all revenue is tied to the three core brand segments: Corporate and Other revenue is present (0.07B), which can make total results less transparent than a pure brand split.
Valuation — source: SEC EDGAR (first-party)
Price$195.34
Market Cap$14.82B
P/E Ratio64.6
EV / EBITDA11.7
Price / Book1.78
Price / Sales2.80
DCF Value (model)$24.63
DCF Upside vs Price-87.4%
Profitability & Growth — source: SEC EDGAR
Revenue (TTM)$4.74B
Net Margin4.1%
Revenue Growth (YoY)18.2%
EPS Growth (YoY)13.3%
Financial Health — source: SEC EDGAR
Altman Z-Score4.07 (safe)
Valuation vs Sector & Industry
Stock P/E64.6
Sector P/E (Communication Services)24.4
Industry P/E (Entertainment)39.5
vs Sector164.8%
vs Industry63.4%
Smart-Money Activity — SEC Form 4 / 13F / Congressional disclosures
Top Institutional HolderVANGUARD GROUP INC ($1.56B)
Institutional Holders Tracked10
Congressional Trades (recent)3
Company
SectorCommunication Services
IndustryEntertainment
CEOAriel Zev Emanuel
Employees890
CountryUS
IPO Date2023-09-12

Related Companies (Business model: Consumer Subscription Content (Streaming, News, Audio); 8 closest by market cap; US-domiciled)

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TKO earnings history · TKO institutional & insider holders · TKO KPIs & operating metrics · TKO financials · TKO investor presentations & press releases · TKO SEC filings · TKO peers · Congress trades · Insider trades · Short interest · Stock screener

Data as of 2026-08-20.

Figures sourced from U.S. Securities and Exchange Commission (SEC EDGAR) filings and market data. Not personalized investment advice.