TKO Group Holdings, Inc.TKO
NYSE•Communication Services•Entertainment
Understand cash generation quality and how management allocates capital.
Free cash flow was $674.56M in the latest quarter (397.7% increase YoY). FCF margin is 13.3%. Shares outstanding declined by 5.2% year-over-year, indicating buybacks (returning capital to shareholders). Free cash flow is the lifeblood of a business — it funds dividends, buybacks, debt reduction, and reinvestment without relying on external capital.
Free cash flow, earnings quality, and capital allocation