Forensic Analysis · Media / Entertainment / Streaming · as of Aug 11, 2026
Tko Group Holdings, Inc. (TKO)
A forensic read on Tko Group Holdings, Inc. built from its complete SEC filings — financial-health screens, earnings quality, red flags and a price-aware rating. Reproducible math, not opinion.
C · Mixed — selective
Forensic grade
Safe
Financial health
6.4
Distress distance
Clean
Earnings quality
6
Forensic signals
155.0
P / E (ttm)
5.2%
ROE
$35.8B
Market cap
1.66%
Dividend yield
-3.1%
Revenue growth
This free snapshot doesn't read filing or proxy text, so the auditor-quality and governance checks that can lower a grade were not evaluated (red flags, auditor quality, say on pay, board independence). Those checks only ever lower a grade, so the full analysis can land below the grade above but never above it — treat it as the most favourable reading, not the settled one.
Tko Group Holdings, Inc. earns a C (Mixed — selective) forensic quality grade, and its balance-sheet distress test reads 6.4, placing it in the Safe zone. 6 forensic signals were flagged in its latest SEC filings, led by return on invested capital.
What the filings flag
5.7%
FY2025
Return on invested capital.Return on invested capital is 5.7% in the latest fiscal year and rising from 3% — well below its ~9% cost of capital, so reinvested dollars may be destroying value, not building it.
n/m (stock split)
FY2023–FY2025
Share count (stock split).Diluted share count changed +134% over the last 2 years to FY2025, but that includes a large one-time change around FY2024 consistent with a stock split or reverse split, not gradual buybacks or issuance — a split changes the count with NO effect on any holder's proportional ownership, so the raw +53.1%/yr figure isn't a real buyback/dilution read here.
2% of rev
FY2025
Stock-based comp load.Stock-based compensation ran 2% of revenue in FY2025 — about $0.61 per diluted share. The cost of it is not in the cash flow — no cash left the business — it is in the count, and there it has run at about 12.9% a year, small enough that totals and per-share results tell the same story.
82% of OCF
FY2025
Shareholder returns.Returned $1.1B to shareholders (buybacks + dividends) in FY2025 — 82% of operating cash flow. Capex isn't disclosed for FY2025, so this is the ceiling on coverage, not the free-cash-flow payout — actual free-cash coverage is tighter than this reads.
$8M
FY2023–FY2023
Goodwill impairments.Took $8M of goodwill writedowns across 1 year (FY2023 ($8M)). Writedowns mean past acquisitions underperformed what was paid for them.
Key fundamentals
Latest Revenue$4.74B
Revenue Growth YoY-3.1%
Net Margin4.1%
Return on Equity5.2%
Debt / Equity1.01x
The forensic grade and screens above are free — no account needed. Want the AI investment read on top — the 0–100 rating, thesis, bull-vs-bear, red flags and the 12-month scenario, written from Tko Group Holdings, Inc.'s actual 10-K/10-Q/8-K filings?
Data from SEC EDGAR public filings · metrics as of Aug 11, 2026. Forensic signals flag probability, not certainty.
Tko Group Holdings, Inc. (TKO) Stock — Forensic Analysis, Red Flags & Rating | Stockonomy · Stockonomy
-77%
FY2023→FY2024
Dividend — cut.The payout was CUT ~77% in FY2024 (from FY2023). It still returns some cash, but it is NOT the dependable, rising dividend an unbroken streak implies. Measured on total dividend dollars rather than per share: the reported share count steps sharply around FY2024, a stock-split seam between filing vintages rather than a change in the payout, and a split leaves the dollars paid untouched.