TKO vs MANU Stock Comparison

TKO Group Holdings and Manchester United Prices as of Oct 28, 2026 Peers: Industry group
TKO TKO Group Holdings, Inc.
$173.97 -4.2% 1M -7.2% 1Y
Market cap
$33.14B
P/E
56.7x
Revenue (TTM)
$5.30B
Div. yield
1.80%
Live Entertainment Communication Services
6 wins
MANU Manchester United plc
$20.78 +1.5% 1M +16.2% 1Y
Market cap
$3.62B
P/E
–
Revenue (TTM)
$909.31M
Div. yield
–
Entertainment Venues Consumer Discretionary
3 wins

Head to Head

9 decided of 12

TKO Group Holdings leads on 6 of the 12 questions below (TKO Group Holdings 6, Manchester United 3). Which ones matter depends on what you are buying for; a cheap multiple and slow growth often come together.

QuestionTKOMANULeader
Larger companyMarket capitalisation $33.14B $3.62B TKO
Cheaper on earningsLower P/E, profitable companies only 56.7x -61.9x –
Cheaper on forward earningsLower price / next fiscal year consensus EPS 38.7x — –
Faster revenue growthRevenue growth, trailing twelve months +5.1% +5.5% MANU
More profitableNet margin, trailing twelve months 4.3% -6.4% TKO
Better return on capitalReturn on invested capital 6.7% 2.6% TKO
Less leveragedLower net debt / EBITDA 2.6x 2.4x MANU
Higher dividend yieldTrailing dividend yield 1.80% 0.00% –
Better 1-year returnPrice return, last 12 months -7.2% +16.2% MANU
Better 5-year returnAnnualised price return, 5 years +23.3%/yr +5.0%/yr TKO
Less volatileAnnualised volatility, 1 year 31.8% 33.5% TKO
Higher overall scoreMean of the five percentile scores vs peers 79/100 46/100 TKO

Percentile Scorecard

TKOMANU

Each axis is the mean percentile of its metrics against the company's industry group. 100 is the best in the group, 50 the middle.

Scores by Axis

AxisTKOMANU
Valuation 33 #9 of 13 30 #31 of 44
Growth 100 #1 of 11 76 #11 of 43
Profitability 100 #1 of 11 51 #21 of 42
Financial Health 83 #3 of 13 26 #35 of 47
Shareholder Returns – –
Overall 79 46
  • TKO ranked among 13 companies in Live Venues
  • MANU ranked among 48 companies in Gaming and Leisure

Price Performance

Price return, split-adjusted, before dividends. Click a name to hide or show it.

Returns

PeriodTKOMANUSPY
1 month -4.2%+1.5% +0.9%
3 months -7.2%-11.1% +5.9%
6 months -5.3%+18.7% +8.5%
Year to date -16.8%+30.5% +13.3%
1 year -7.2%+16.2% +12.4%
3 years +112.2%+17.5% +88.1%
3 years, per year +28.5%+5.5% +23.5%
5 years +184.8%+27.6% +68.2%
5 years, per year +23.3%+5.0% +11.0%
10 years +862.8%+36.3% +263.4%
10 years, per year +25.4%+3.1% +13.8%

Risk

MeasureTKOMANUSPY
Volatility, 1Y 31.8%33.5% 12.7%
Downside volatility, 1Y 31.0%32.0% 12.7%
Beta vs S&P 500, 1Y 0.470.68 1.00
Return / volatility, 1Y -0.230.48 0.98
Max drawdown, 5Y -37.2%-54.5% -25.4%
From 52-week high -22.7%-14.1% -0.9%
52-week high $224.96$24.19 $779.14
52-week low $171.25$15.20 $631.97

Valuation History

Weekly multiples on trailing twelve-month fundamentals. Negative or extreme readings (a loss year, a collapsed denominator) are left out so the chart stays readable.

MultipleTKOMANU
P/E now vs peer median 56.7xmedian 51.6x -61.9xmedian 16.8x
P/S now vs peer median 6.3xmedian 1.5x 4.0xmedian 1.9x
EV/EBITDA now vs peer median 24.3xmedian 18.1x 13.0xmedian 10.2x
P/FCF now vs peer median 19.8xmedian 17.3x 9.9xmedian 11.2x
P/B now vs peer median 4.0xmedian 2.5x 18.2xmedian 2.2x
PEG now vs peer median —median 0.26 3.66median 0.44

Financial History

Reported figures by fiscal period, placed on the calendar year (or quarter) each period ended in, so companies with different fiscal years line up.

Trailing twelve monthsTKOMANU
Revenue $5.30B $909.31M
Gross profit $3.15B -$21.12M
Operating income $997.63M $30.28M
Net income $661.36M -$57.81M
Free cash flow $1.67B $363.93M
EPS (diluted) $3.03 $-0.34
Cash & equivalents $592.49M $89.13M
Total debt $4.63B $3.96B
Shares (diluted) 75.87M 172.43M
Enterprise value $30.10B $3.28B

All Metrics

58 metrics · best in bold

Bold marks the best reading: the lowest positive value for multiples, leverage and payout, the highest for everything else. The bar under each value is its percentile against that company's own peers. Hover a value for its rank and the peer median.

Valuation

12 metrics
MetricTKOMANU
P/E 56.7x -61.9x
P/FCF 19.8x 9.9x
P/Operating cash flow 18.5x 14.3x
P/S 6.3x 4.0x
P/B 4.0x 18.2x
P/Tangible book 6.4x 18.2x
EV/EBITDA 24.3x 13.0x
EV/EBIT 37.3x 146.8x
EV/Revenue 7.0x 4.9x
EV/FCF 22.2x 12.2x
EV/Operating cash flow 20.7x 17.5x
PEG (3Y EPS CAGR) – 3.66

Growth

14 metrics
MetricTKOMANU
Revenue growth (1Y) 5.1% 5.5%
Revenue CAGR (3Y) 63.0% 5.2%
Gross profit growth (1Y) 22.4% 24.6%
Gross profit CAGR (3Y) 53.5% –
Operating income growth (1Y) 43.5% 223.3%
Operating income CAGR (3Y) 19.8% 62.2%
Net income growth (1Y) 73.5% -36.0%
Net income CAGR (3Y) 21.6% -19.1%
EPS growth (1Y) 155.3% -35.3%
EPS CAGR (3Y) – -16.9%
Operating cash flow growth (1Y) 126.3% 128.3%
Operating cash flow CAGR (3Y) – 22.8%
Free cash flow growth (1Y) 142.4% 141.3%
Free cash flow CAGR (3Y) – 34.6%

Profitability

14 metrics
MetricTKOMANU
Gross margin 59.5% -2.3%
EBITDA margin 28.8% 37.6%
Operating margin 18.8% 3.3%
Pretax margin 14.2% -7.0%
Net margin 4.3% -6.4%
FCF margin 31.5% 40.0%
Operating cash flow margin 33.9% 27.8%
Return on equity 7.9% -26.5%
Return on assets 4.1% -2.8%
Return on invested capital 6.7% 2.6%
Return on capital employed 7.3% 2.5%
Asset turnover 0.3x 0.4x
Cash conversion (OCF / net income) 2.7x -4.4x
Stock comp / revenue 2.5% 0.0%

Financial Health

11 metrics
MetricTKOMANU
Debt / assets 28.5% 44.5%
Debt / equity 0.6x 4.6x
Net debt / EBITDA 2.6x 2.4x
Debt / FCF 2.8x 2.5x
Liabilities / assets 48.8% 90.3%
Equity / assets 51.2% 9.7%
Interest coverage 4.1x 0.5x
Current ratio 1.3x 0.3x
Quick ratio 0.7x 0.2x
Cash ratio 0.2x 0.1x
Altman Z-score 2.97 0.97

Shareholder Returns

7 metrics
MetricTKOMANU
Dividend yield 1.8% –
Net buyback yield 0.0% –
Shareholder yield 1.8% 0.0%
Payout ratio (earnings) 36.3% –
Payout ratio (FCF) 14.4% –
Dividend growth (1Y) – –
Dividend CAGR (3Y) – –

Analyst Estimates

Solid lines are reported fiscal-year results; dashed lines are the consensus for the years ahead. Hover a year for the analysts' high and low, and how each result compared with its estimate.

ConsensusTKOMANU
Forward P/E 38.7xFY2026 –
EPS, next fiscal year $4.49FY2026 $-0.18FY2027
EPS growth, next FY +98.7%FY2026 –
EPS growth, the year after +19.6% –
Revenue, next fiscal year $6.09BFY2026 $1.07BFY2027
Revenue growth, next FY +28.5%FY2026 +19.6%FY2027
Revenue growth, the year after -5.9% -6.0%

Institutional Ownership

13F filings, quarter ended Jun 30, 2026
HoldersTKOMANU
Held by institutions 38.3% 17.1%
Institutions holding 656 125
Change in shares held, QoQ -2.9% +5.0%
Institutions buying 316 63
Institutions selling 240 30
Buyers to sellers 1.32 2.10

Return Correlation

Daily returns, last 12 months

1.00 means two stocks move in lockstep, 0 that they move independently. Pairs below about 0.5 diversify each other.

TKOMANU
TKO 1.00 0.25
MANU 0.25 1.00

Add a Peer

Largest companies in the same industry

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Frequently Asked Questions

Which is bigger, TKO and MANU?

TKO Group Holdings (TKO) is the largest by market capitalisation: TKO Group Holdings (TKO) $33.14B, Manchester United (MANU) $3.62B.

Which company is growing faster?

Manchester United (MANU) grew revenue fastest over the trailing twelve months: TKO Group Holdings (TKO) +5.1%, Manchester United (MANU) +5.5%.

Which company is more profitable?

TKO Group Holdings (TKO) has the highest net margin (TKO Group Holdings (TKO) 4.3%, Manchester United (MANU) -6.4%). On return on invested capital, TKO Group Holdings (TKO) leads (TKO Group Holdings (TKO) 6.7%, Manchester United (MANU) 2.6%).

Which stock has performed better?

Over the past year Manchester United (MANU) returned the most: TKO Group Holdings (TKO) -7.2%, Manchester United (MANU) +16.2%. Over five years, TKO Group Holdings (TKO) compounded fastest (TKO Group Holdings (TKO) +23.3%/yr, Manchester United (MANU) +5.0%/yr). Returns are price only, before dividends.

Which pays a higher dividend?

Only one of these companies pays a dividend: TKO Group Holdings (TKO) 1.80%, Manchester United (MANU) 0.00%. Manchester United (MANU) pays no regular dividend.

Which stock is riskier?

By one-year price volatility, TKO Group Holdings (TKO) has been the steadiest (TKO Group Holdings (TKO) 31.8%, Manchester United (MANU) 33.5%). Volatility measures how widely the price swings, not the risk of the business.

Do TKO and MANU move together?

Their daily returns over the past year have a correlation of 0.25, a weak relationship. Holding both diversifies more than two closely linked stocks would.

Which is the better stock, TKO and MANU?

There is no single answer; it depends on what you are buying for. On the 12 head-to-head measures on this page, TKO Group Holdings (TKO) leads on 6. Business Quant does not give investment advice; use the comparison as a starting point for your own research.

Data from SEC filings, exchange prices and consensus estimates, via Business Quant. Percentile scores compare each company with its own peer group, so two companies' scores are each relative to different peers unless you rank against the whole market. Price returns exclude dividends. Nothing on this page is investment advice.