TKO Group Holdings, Inc. (TKO)

Financial leverage ratio

Dec 31, 2024 Dec 31, 2023 Dec 31, 2022 Dec 31, 2021 Dec 31, 2020
Total assets US$ in thousands 12,699,900 12,690,700 3,580,730 4,296,180 1,318,890
Total stockholders’ equity US$ in thousands 4,091,020 4,108,980 568,916 1,248,890 383,994
Financial leverage ratio 3.10 3.09 6.29 3.44 3.43

December 31, 2024 calculation

Financial leverage ratio = Total assets ÷ Total stockholders’ equity
= $12,699,900K ÷ $4,091,020K
= 3.10

The financial leverage ratio of TKO Group Holdings, Inc. has shown variability over the years. The ratio increased significantly from 3.43 in 2020 to 6.29 in 2022, indicating a substantial rise in the company's financial leverage during that period. However, in subsequent years, the ratio decreased to 3.09 in 2023 and 3.10 in 2024, suggesting a reduction in the company's reliance on debt to finance its operations. Overall, it appears that TKO Group Holdings, Inc. experienced a period of higher financial leverage followed by a trend towards deleveraging in the later years analyzed.


Peer comparison

Dec 31, 2024

Company name
Symbol
Financial leverage ratio
TKO Group Holdings, Inc.
TKO
3.10
Live Nation Entertainment Inc
LYV
113.35
Six Flags Entertainment Corporation
FUN
4.47