Manchester United (MANU) Free Cash Flow (2011 - 2025)
Manchester United (MANU) posted Free Cash Flow of -$12.9 million for Q4 2025, down 137.56% on a QoQ basis from $34.3 million in Q3 2025, and up 82.18% year-over-year from -$7.1 million in Q4 2024.
Manchester United (MANU) has 15 years of Free Cash Flow data on file, last reported at -$12.9 million in Q4 2025.
- In Q4 2025, Free Cash Flow rose 82.18% year-over-year to -$12.9 million; the TTM figure through Dec 2025 stood at $218.7 million (up 85.13% YoY), while the FY2025 annual figure was $83.7 million, down 2.66% from the prior year.
- Free Cash Flow fell to -$12.9 million in Q4 2025, from $34.3 million in the prior quarter.
- Across five years, Free Cash Flow topped out at $162.1 million in Q2 2024 and bottomed at -$72.3 million in Q4 2024.
- A 5-year average of $44.5 million and a median of $39.2 million in 2021 frame the typical range for Free Cash Flow.
- Annual changes were most pronounced in 2022 — Free Cash Flow plunged 271.0% — and 2023, when it surged 2086.2%.
- Year by year, Free Cash Flow stood at $37.0 million in 2021, then tumbled by 271.0% to -$63.3 million in 2022, then jumped by 180.1% to $50.7 million in 2023, then slumped by 242.6% to -$72.3 million in 2024, then soared by 82.18% to -$12.9 million in 2025.
- The last three Free Cash Flow figures came in at -$12.9 million (Q4 2025), $34.3 million (Q3 2025), and $148.0 million (Q2 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Free Cash Flow (Qtr) |
|---|---|---|---|---|---|
| 1 | Netflix | 362.63 Bn | 350.34 Bn | 11.41 Bn | 5.09 Bn |
| 2 | Walt Disney | 181.67 Bn | 188.27 Bn | 23.68 Bn | 4.94 Bn |
| 3 | Warner Bros. Discovery | 67.91 Bn | 65.77 Bn | 4.25 Bn | -476.00 Mn |
| 4 | Live Nation Entertainment | 39.56 Bn | 31.10 Bn | 1.31 Bn | 2.03 Bn |
| 5 | Fox | 26.01 Bn | 22.51 Bn | - | 1.77 Bn |
| 6 | Liberty Media | 21.20 Bn | 21.87 Bn | 298.00 Mn | 337.00 Mn |
| 7 | Roku | 19.03 Bn | 16.65 Bn | 564.94 Mn | 198.76 Mn |
| 8 | News | 16.98 Bn | 15.50 Bn | - | 399.00 Mn |
| 9 | TKO Group Holdings | 16.11 Bn | 14.42 Bn | 862.52 Mn | 674.56 Mn |
| 10 | Manchester United | 701,571.55 | -116.80 Mn | - | -12.87 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Dec 31, 2025 | -12.87 Mn |
| Dec 31, 2025 | -12.87 Mn |
| Sep 30, 2025 | 34.27 Mn |
| Sep 30, 2025 | 34.27 Mn |
| Jun 30, 2025 | 147.98 Mn |
| Jun 30, 2025 | 147.98 Mn |
| Mar 31, 2025 | 49.34 Mn |
| Mar 31, 2025 | 49.34 Mn |
| Dec 31, 2024 | -72.25 Mn |
| Dec 31, 2024 | -72.25 Mn |
| Sep 30, 2024 | 43.54 Mn |
| Sep 30, 2024 | 43.54 Mn |
| Jun 30, 2024 | 162.09 Mn |
| Jun 30, 2024 | 162.09 Mn |
| Mar 31, 2024 | -15.23 Mn |
| Mar 31, 2024 | -15.23 Mn |
| Dec 31, 2023 | 50.67 Mn |
| Dec 31, 2023 | 50.67 Mn |
| Sep 30, 2023 | 38.62 Mn |
| Sep 30, 2023 | 38.62 Mn |
| Jun 30, 2023 | 143.97 Mn |
| Jun 30, 2023 | 143.97 Mn |
| Mar 31, 2023 | 82.56 Mn |
| Mar 31, 2023 | 82.56 Mn |
| Dec 31, 2022 | -63.25 Mn |
| Dec 31, 2022 | -63.25 Mn |
| Sep 30, 2022 | -1.94 Mn |
| Sep 30, 2022 | -1.94 Mn |
| Jun 30, 2022 | 54.43 Mn |
| Jun 30, 2022 | 54.43 Mn |
| Mar 31, 2022 | 32.07 Mn |
| Mar 31, 2022 | 32.07 Mn |
| Dec 31, 2021 | 36.99 Mn |
| Dec 31, 2021 | 36.99 Mn |
| Sep 30, 2021 | 103.83 Mn |
| Sep 30, 2021 | 103.83 Mn |
| Jun 30, 2021 | 36.49 Mn |
| Jun 30, 2021 | 36.49 Mn |
| Mar 31, 2021 | 39.69 Mn |
| Mar 31, 2021 | 39.69 Mn |
| Dec 31, 2020 | 4.54 Mn |
| Dec 31, 2020 | 4.54 Mn |
| Sep 30, 2020 | 82.76 Mn |
| Sep 30, 2020 | 82.76 Mn |
| Jun 30, 2020 | 3.81 Mn |
| Jun 30, 2020 | 3.81 Mn |
| Mar 31, 2020 | 39.69 Mn |
| Mar 31, 2020 | 39.69 Mn |
| Dec 31, 2019 | -5.08 Mn |
| Dec 31, 2019 | -5.08 Mn |
| Sep 30, 2019 | -13.84 Mn |
| Sep 30, 2019 | -13.84 Mn |
| Jun 30, 2019 | 201.09 Mn |
| Jun 30, 2019 | 201.09 Mn |
| Mar 31, 2019 | 30.99 Mn |
| Mar 31, 2019 | 30.99 Mn |
| Dec 31, 2018 | 55.89 Mn |
| Dec 31, 2018 | 55.89 Mn |
| Sep 30, 2018 | 154.40 Mn |
| Sep 30, 2018 | 154.40 Mn |
| Jun 30, 2018 | 132.02 Mn |
| Jun 30, 2018 | 132.02 Mn |
| Mar 31, 2018 | 28.07 Mn |
| Mar 31, 2018 | 28.07 Mn |
| Dec 31, 2017 | -53.34 Mn |
| Dec 31, 2017 | -53.34 Mn |
| Sep 30, 2017 | 17.76 Mn |
| Sep 30, 2017 | 17.76 Mn |
| Jun 30, 2017 | 224.53 Mn |
| Jun 30, 2017 | 224.53 Mn |
| Mar 31, 2017 | 46.00 Mn |
| Mar 31, 2017 | 46.00 Mn |
| Dec 31, 2016 | 50.11 Mn |
| Dec 31, 2016 | 50.11 Mn |
| Sep 30, 2016 | 67.11 Mn |
| Sep 30, 2016 | 67.11 Mn |
| Jun 30, 2016 | 214.51 Mn |
| Jun 30, 2016 | 214.51 Mn |
| Mar 31, 2016 | 8.17 Mn |
| Mar 31, 2016 | 8.17 Mn |
| Dec 31, 2015 | 13.61 Mn |
| Dec 31, 2015 | 13.61 Mn |
| Sep 30, 2015 | 54.80 Mn |
| Sep 30, 2015 | 54.80 Mn |
| Jun 30, 2015 | 189.18 Mn |
| Jun 30, 2015 | 189.18 Mn |
| Mar 31, 2015 | -23.19 Mn |
| Mar 31, 2015 | -23.19 Mn |
| Dec 31, 2014 | 58.80 Mn |
| Dec 31, 2014 | 58.80 Mn |
| Sep 30, 2014 | 118.63 Mn |
| Sep 30, 2014 | 118.63 Mn |
| Jun 30, 2014 | 107.09 Mn |
| Jun 30, 2014 | 107.09 Mn |
| Mar 31, 2014 | 18.05 Mn |
| Mar 31, 2014 | 18.05 Mn |
| Dec 31, 2013 | 884,014.00 |
| Dec 31, 2013 | 884,014.00 |
| Sep 30, 2013 | 29.86 Mn |
| Sep 30, 2013 | 29.86 Mn |
| Jun 30, 2013 | 68.03 Mn |
| Jun 30, 2013 | 68.03 Mn |
| Mar 31, 2013 | 34.68 Mn |
| Mar 31, 2013 | 34.68 Mn |
| Dec 31, 2012 | 31.28 Mn |
| Dec 31, 2012 | 31.28 Mn |
| Sep 18, 2012 | 123.31 Mn |
| Sep 18, 2012 | 123.31 Mn |
| Jun 30, 2012 | 90.98 Mn |
| Jun 30, 2012 | 90.98 Mn |
| Mar 31, 2012 | 35.63 Mn |
| Mar 31, 2012 | 35.63 Mn |
| Dec 31, 2011 | -12.50 Mn |
| Dec 31, 2011 | -12.50 Mn |
| Sep 30, 2011 | -12.95 Mn |
| Sep 30, 2011 | -12.95 Mn |
| Jun 30, 2011 | 122.32 Mn |
| Jun 30, 2011 | 122.32 Mn |