TKO Group Holdings, Inc. (TKO)
Gross profit margin
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Gross profit | US$ in thousands | 2,804,340 | 1,160,370 | 814,561 | 696,340 | 623,794 |
| Revenue | US$ in thousands | 2,804,340 | 1,674,970 | 1,140,150 | 1,031,940 | 891,154 |
| Gross profit margin | 100.00% | 69.28% | 71.44% | 67.48% | 70.00% |
December 31, 2024 calculation
Gross profit margin = Gross profit ÷ Revenue
= $2,804,340K ÷ $2,804,340K
= 100.00%
The gross profit margin of TKO Group Holdings, Inc. has shown some fluctuations over the past five years. Starting at 70.00% in December 31, 2020, it decreased slightly to 67.48% by December 31, 2021. However, by the end of 2022, the gross profit margin improved to 71.44%, indicating better efficiency in managing production costs.
In the subsequent years, the margin slightly decreased to 69.28% by December 31, 2023. Interestingly, by the end of 2024, the gross profit margin notably increased to 100.00%. This drastic improvement may be an outlier or could reflect a significant shift in the company's operations, possibly due to strategic decisions or changes in the business environment.
Overall, the trend in the gross profit margin of TKO Group Holdings, Inc. suggests a mix of stability and variability, with a notable increase in the most recent year. Monitoring this metric closely will be important to assess the company's profitability and cost management strategies effectively.
Peer comparison
Dec 31, 2024