PSKY vs TKO: Paramount Skydance and TKO Group compared
The short version
From the latest prices and each company's SEC filings. Who's ahead on each measure, not which to buy.
- TKO Group is the larger company, worth $14.1B, about 1.4 times Paramount Skydance.
- TKO Group grew revenue faster over the last year (+18.2% vs -1.5%).
- TKO Group keeps more of each dollar of revenue as operating profit (18.8% vs -18.0%).
- Paramount Skydance's price assumes faster free cash flow growth: about 6% a year, against -3% for TKO Group (reverse DCF).
Side by side
The stronger figure is shaded where higher (or, for valuation multiples, lower) reads as better. How the implied growth works.
| Measure | PSKY | TKO |
|---|---|---|
| Market cap | $10.2B | $14.1B |
| Share price | $9.16 | $178.64 |
| Revenue (last fiscal year) | $29.2B | $4.7B |
| Free cash flow (last fiscal year) | $489M | $1.3B |
| Revenue growth, last year | -1.5% | +18.2% |
| Revenue growth per year, last 5 fiscal years | -1.5% | +46.4% |
| Operating margin | -18.0% | 18.8% |
| Net margin | -21.2% | 4.3% |
| Return on equity | -52.6% | 6.8% |
| P/E (trailing) | — | 62.7x |
| Price / free cash flow | 20.9x | 12.2x |
| EV / EBITDA | — | 12.0x |
| FCF growth the price implies | 5.6% | -2.7% |
| Dividend yield | 2.2% | 1.5% |
| Debt / equity | 2.68x | 2.33x |
| Fundamental grade | F | C |
| Superinvestors holding it | 2 | 4 |
| Insider purchases, last 12 months | 0 | 0 |
Results from SEC filings
Revenue and free cash flow by fiscal year, from each company's 10-K filings.
Paramount Skydance
| Year | Revenue | Free cash flow | Op. margin |
|---|---|---|---|
| 2023 | $29.7B | $147M | -1.5% |
| 2024 | $29.2B | $489M | -18.0% |
TKO Group
| Year | Revenue | Free cash flow | Op. margin |
|---|---|---|---|
| 2021 | $1.0B | $430M | 37.9% |
| 2022 | $1.1B | $489M | 47.7% |
| 2023 | $3.2B | $241M | 11.7% |
| 2024 | $4.9B | $572M | 0.63% |
| 2025 | $4.7B | $1.3B | 17.6% |
Where the revenue comes from
Paramount Skydance · by segments, 2024
TV Media$18.8B64%
Direct-to-Consumer$7.6B26%
Filmed Entertainment$3.0B10%
TKO Group · by segments, 2025
WWE Segment$1.7B37%
UFC Segment$1.5B33%
IMG Segment$1.4B30%
Compare them in fullFifteen years of statements, quarterly results, DCF and IRR models, and any number of peers side by side.
Open PSKY in InvestinglyQuestions
Which is bigger, Paramount Skydance or TKO Group?
TKO Group (TKO), at $14.1B against $10.2B.
Which grows faster, PSKY or TKO?
TKO Group: revenue grew +18.2% over the last year, against -1.5%.
More comparisons
Prices and ratios as of the last daily update; statements from SEC filings. Information only, not investment advice.