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- TKO
TKO Valuation Multiples
Discover revenue and EBITDA valuation multiples for TKO and similar public comparables like Warner Music Group, Paramount Skydance, Rogers, Bilibili and more.
TKO Overview
About TKO
TKO Group Holdings Inc is a sports and sports entertainment company that operates combat sports and sports entertainment companies. It owns and manages valuable sports and entertainment intellectual property. The company distributes content and monetizes its intellectual property through four activities: Media rights, production, and content, Live events and hospitality, Partnerships and marketing and Consumer products licensing, The company has two reportable segments, UFC and WWE. The company generates majority of revenue from the UFC segment. The UFC segment revenue consists of media rights fees associated with the distribution of its programming content, ticket sales, and site fees associated with the business's international live events.
Founded
2023
HQ

Employees
4.0K
Website
Sectors
Financials (LTM)
EV
$18B
TKO Financials
TKO reported last 12-month revenue of $5B and EBITDA of $2B.
In the same LTM period, TKO generated $3B in gross profit, $2B in EBITDA, and $324M in net income.
Revenue (LTM)
TKO P&L
In the most recent fiscal year, TKO reported revenue of $5B and EBITDA of $2B.
TKO expects next 12-month revenue of XXX and NTM EBITDA of XXX
| LTM | NTM | Last FY | FY 2026 | FY 2027 | FY 2028 | |
|---|---|---|---|---|---|---|
| Revenue | $5B | XXX | $5B | XXX | XXX | XXX |
| Gross Profit | $3B | XXX | $3B | XXX | XXX | XXX |
| Gross Margin | 60% | XXX | 60% | XXX | XXX | XXX |
| EBITDA | $2B | XXX | $2B | XXX | XXX | XXX |
| EBITDA Margin | 35% | XXX | 33% | XXX | XXX | XXX |
| EBIT Margin | 21% | XXX | 18% | XXX | XXX | XXX |
| Net Profit | $324M | XXX | $195M | XXX | XXX | XXX |
| Net Margin | 6% | XXX | 4% | XXX | XXX | XXX |
| Net Debt | — | — | $3B | XXX | XXX | XXX |
Financial data powered by Morningstar, Inc.
TKO Stock Performance
TKO has current market cap of $15B, and enterprise value of $18B.
Market Cap Evolution
TKO's stock price is $186.31.
| EV | Market Cap | Price 1D | Price 1M | Price 3M | Price 12M | EPS |
|---|---|---|---|---|---|---|
| $18B | $15B | 0.0% | XXX | XXX | XXX | $2.51 |
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Start Free TrialTKO Valuation Multiples
TKO trades at 3.5x EV/Revenue multiple, and 9.9x EV/EBITDA.
EV / Revenue (LTM)
TKO Financial Valuation Multiples
As of April 20, 2026, TKO has market cap of $15B and EV of $18B.
Equity research analysts estimate TKO's 2025E EV/Revenue multiple at XXX and 2025E EV/EBITDA multiple at XXX
TKO has a P/E ratio of 44.9x.
| LTM | NTM | Last FY | FY 2026 | FY 2027 | FY 2028 | |
|---|---|---|---|---|---|---|
| Market cap (current) | $15B | XXX | $15B | XXX | XXX | XXX |
| EV (current) | $18B | XXX | $18B | XXX | XXX | XXX |
| EV/Revenue | 3.5x | XXX | 3.8x | XXX | XXX | XXX |
| EV/EBITDA | 9.9x | XXX | 11.2x | XXX | XXX | XXX |
| EV/EBIT | 16.6x | XXX | 21.3x | XXX | XXX | XXX |
| EV/Gross Profit | 5.8x | XXX | 6.3x | XXX | XXX | XXX |
| P/E | 44.9x | XXX | 74.3x | XXX | XXX | XXX |
| EV/FCF | 16.2x | XXX | 15.3x | XXX | XXX | XXX |
Valuation data powered by FactSet, Inc. and Morningstar, Inc.
Verified TKO Valuation Multiples
Access all public comps and forward-looking valuation multiples like EV/Revenue in 2027, based on consensus analyst estimates. Powered by FactSet and Morningstar.


TKO Margins & Growth Rates
TKO's revenue in the last 12 month grew by 15%.
TKO's revenue per employee in the last FY averaged $1.2M, while opex per employee averaged $0.5M for the same period.
TKO's rule of 40 is 61% (metric relevant for SaaS companies only, counted as combined revenue growth rate and EBITDA margin).
TKO's rule of X is 94% (created by Bessemer, rule of X is another metric to measure SaaS companies, ~1.5x stronger vs. the traditional Rule of 40, counted as revenue growth rate multiplied by 2.5 plus EBITDA margin).
TKO Operational Valuation Multiples
| LTM | NTM | Last FY | FY 2026 | FY 2027 | FY 2028 | |
|---|---|---|---|---|---|---|
| Revenue Growth | 15% | XXX | 22% | XXX | XXX | XXX |
| EBITDA Margin | 35% | XXX | 33% | XXX | XXX | XXX |
| EBITDA Growth | 30% | XXX | 43% | XXX | XXX | XXX |
| Rule of 40 | — | XXX | 61% | XXX | XXX | XXX |
| Bessemer Rule of X | — | XXX | 94% | XXX | XXX | XXX |
| Revenue per Employee | — | XXX | $1.2M | XXX | XXX | XXX |
| Opex per Employee | — | XXX | $0.5M | XXX | XXX | XXX |
| Opex to Revenue | — | XXX | 42% | XXX | XXX | XXX |
Valuation data powered by FactSet, Inc. and Morningstar, Inc.
TKO Public Comps
See public comps and valuation multiples for other Sports and Content Production comps.
| EV/Revenue | EV/EBITDA | |||||
|---|---|---|---|---|---|---|
| LTM | 2026E | 2027E | LTM | 2026E | 2027E | |
| TKO | XXX | XXX | XXX | XXX | XXX | XXX |
| Warner Music Group | XXX | XXX | XXX | XXX | XXX | XXX |
| Paramount Skydance | XXX | XXX | XXX | XXX | XXX | XXX |
| Rogers | XXX | XXX | XXX | XXX | XXX | XXX |
| Bilibili | XXX | XXX | XXX | XXX | XXX | XXX |
| MSG Sports | XXX | XXX | XXX | XXX | XXX | XXX |
| XXXXXXXX | XXX | XXX | XXX | XXX | XXX | XXX |
| XXXXXXXX | XXX | XXX | XXX | XXX | XXX | XXX |
Valuation data powered by FactSet, Inc.
TKO M&A Activity
TKO acquired XXX companies to date.
Last acquisition by TKO was on XXXXXXXX, XXXXX. TKO acquired XXXXXXXX for XXX (EV/Revenue multiple of XXX).
Latest Acquisitions by TKO
| Acquired Company | Valuation | EV/Revenue | EV/EBITDA |
|---|---|---|---|
| XXXXXXXXXXXX | XXX | XXX | XXX |
| XXXXXXXXXXXX | XXX | XXX | XXX |
| XXXXXXXXXXXX | XXX | XXX | XXX |
| XXXXXXXXXXXX | XXX | XXX | XXX |
| XXXXXXXXXXXX | XXX | XXX | XXX |
Get Verified M&A Valuation Multiples
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Start Free TrialTKO Investment Activity
TKO invested in XXX companies to date.
TKO made its latest investment on XXXXXXXX, XXXXX. TKO invested in XXXXXXXX for XXX (EV/Revenue multiple of XXX).
Latest Investments by TKO
| Company | Valuation | EV/Revenue | EV/EBITDA |
|---|---|---|---|
| XXXXXXXXXXXX | XXX | XXX | XXX |
| XXXXXXXXXXXX | XXX | XXX | XXX |
| XXXXXXXXXXXX | XXX | XXX | XXX |
| XXXXXXXXXXXX | XXX | XXX | XXX |
| XXXXXXXXXXXX | XXX | XXX | XXX |
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Start Free TrialAbout TKO
| When was TKO founded? | TKO was founded in 2023. |
| Where is TKO headquartered? | TKO is headquartered in United States. |
| How many employees does TKO have? | As of today, TKO has over 4K employees. |
| Who is the CEO of TKO? | TKO's CEO is Ariel Z. Emanuel. |
| Is TKO publicly listed? | Yes, TKO is a public company listed on NYSE. |
| What is the stock symbol of TKO? | TKO trades under TKO ticker. |
| When did TKO go public? | TKO went public in 2023. |
| Who are competitors of TKO? | TKO main competitors are Warner Music Group, Paramount Skydance, Rogers, Bilibili. |
| What is the current market cap of TKO? | TKO's current market cap is $15B. |
| What is the current revenue of TKO? | TKO's last 12 months revenue is $5B. |
| What is the current revenue growth of TKO? | TKO revenue growth (NTM/LTM) is 15%. |
| What is the current EV/Revenue multiple of TKO? | Current revenue multiple of TKO is 3.5x. |
| Is TKO profitable? | Yes, TKO is EBITDA-positive (as of the last 12 months). |
| What is the current EBITDA of TKO? | TKO's last 12 months EBITDA is $2B. |
| What is TKO's EBITDA margin? | TKO's last 12 months EBITDA margin is 35%. |
| What is the current EV/EBITDA multiple of TKO? | Current EBITDA multiple of TKO is 9.9x. |
| What is the current FCF of TKO? | TKO's last 12 months FCF is $1B. |
| What is TKO's FCF margin? | TKO's last 12 months FCF margin is 22%. |
| What is the current EV/FCF multiple of TKO? | Current FCF multiple of TKO is 16.2x. |
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