TKO Group Holdings (TKO) Operating Margin (2022 - 2026)
TKO Group Holdings (TKO) reported Operating Margin of 27.78% for Q2 2026, down 0.37 percentage points from 28.15% a year earlier but up 6.59 percentage points from the prior quarter.
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Analysis
TKO Group Holdings (TKO) Operating Margin (2022 - 2026) Analysis & Trends
Over the twelve months ended Jun 30, 2026, TKO Group Holdings' Operating Margin came in at 18.82%, up 5.04 percentage points year-over-year; for FY2025, it came in at 17.63%, up 17.00 percentage points from FY2024.
- Operating Margin has a four-year change of -20.27 percentage points (FY2021 to FY2025).
- By year, Operating Margin came in at 0.63% in FY2024 (-11.02 pp), 11.65% in FY2023 (-36.09 pp), 47.75% in FY2022 (+9.84 pp) and 37.90% in FY2021.
- Five-year quarterly Operating Margin spans a low of -14.20% in Q1 2024 and a high of 49.79% in Q3 2022.
- Year over year, Operating Margin gained in five of the last eight quarters, with an average year-over-year change of +6.74 percentage points.
- The high point for year-over-year Operating Margin in five years was Q1 2025 (a gain of 32.91 percentage points); the low point was Q1 2024 (a drop of 61.82 percentage points).
- Per Business Quant data, the three quarters before Q2 2026 came in at 21.20% (Q1 2026), 5.53% (Q4 2025) and 15.36% (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Operating Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Live Nation Entertainment | 40.51 Bn | 9.58 Bn | 1.94 Bn | 6.81% |
| 2 | TKO Group Holdings | 34.58 Bn | 31.54 Bn | 990.96 Mn | 27.78% |
| 3 | Liberty Media | 19.43 Bn | 14.75 Bn | 329.00 Mn | 9.42% |
| 4 | Liberty Live Holdings | 8.93 Bn | 6.98 Bn | 30.26 Mn | -0.64% |
| 5 | Madison Square Garden Entertainment | 3.31 Bn | 2.50 Bn | 75.84 Mn | -4.40% |
| 6 | Amc Entertainment Holdings | 2.37 Bn | 456.31 Mn | 1.05 Bn | 14.91% |
| 7 | Emerald Holding | 997.46 Mn | 523.66 Mn | 99.50 Mn | 12.55% |
| 8 | Marcus | 882.04 Mn | 813.63 Mn | 106.56 Mn | 11.68% |
| 9 | Reading International | 41.78 Mn | 12.09 Mn | 14.10 Mn | 11.18% |
| 10 | Nip | 31.30 Mn | -28,742.19 Bn | - | - |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 27.78% |
| Mar 31, 2026 | 21.20% |
| Dec 31, 2025 | 5.53% |
| Sep 30, 2025 | 15.36% |
| Jun 30, 2025 | 28.15% |
| Mar 31, 2025 | 18.71% |
| Dec 31, 2024 | 5.93% |
| Sep 30, 2024 | 2.25% |
| Jun 30, 2024 | 9.63% |
| Mar 31, 2024 | -14.20% |
| Dec 31, 2023 | -0.37% |
| Sep 30, 2023 | 20.90% |
| Jun 30, 2023 | 47.14% |
| Mar 31, 2023 | 47.62% |
| Dec 31, 2022 | 44.21% |
| Sep 30, 2022 | 49.79% |
API Access
TKO Group Holdings Operating Margin API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=operating-margin&ticker=TKO&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "operating-margin", "ticker": "TKO", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=operating-margin&ticker=TKO&period=max&api_key=YOUR_API_KEY");
const data = await res.json();