TKO Group Holdings, Inc. (TKO) vs Warner Music Group Corp. (WMG)
A side-by-side comparison of TKO Group Holdings, Inc. and Warner Music Group Corp. across valuation, profitability, dividends, and growth — built entirely from reported fundamentals, as of October 6, 2026. Differences are shown without an overall score or investment verdict.
TKO
TKO Group Holdings, Inc.
$176.46Communication ServicesDelayed quote: Oct 6, 2026, 4:00 PM EDT
WMG
Warner Music Group Corp.
$27.61Communication ServicesDelayed quote: Oct 6, 2026, 4:00 PM EDT
Total return — TKO vs WMG
growth of $100 · dividends reinvested · last 6yTKO +293.3% (+25.6%/yr)WMG +4.5% (+0.7%/yr)TKO compounded faster over this window
TKO WMG
TKO vs WMG: by the numbers
- •WMG is the larger company ($14.41B vs $13.23B market cap).
- •WMG trades at the lower trailing earnings multiple (21.40 vs 60.85 P/E), one valuation lens rather than an overall verdict.
- •WMG converts more revenue to profit (9.20% vs 4.33% net margin).
- •TKO grew revenue faster over the past five years (37.20% vs 7.66% CAGR).
- •WMG pays the higher dividend yield (2.79% vs 1.77%).
Metrics side by side
Valuation
| Metric | TKO | WMG |
|---|---|---|
| P/E ratio | 60.85 | 21.40 |
| Forward P/E | 38.09 | 15.32 |
| P/S ratio | 2.50 | 1.97 |
| P/B ratio | 3.90 | 16.87 |
| EV / EBITDA | 10.45 | 12.09 |
| FCF yield | 12.64% | 5.65% |
Profitability
| Metric | TKO | WMG |
|---|---|---|
| Gross margin | 54.08% | 45.77% |
| Operating margin | 19.95% | 14.31% |
| Net margin | 4.33% | 9.20% |
| ROE | 6.76% | 78.69% |
| ROIC | 6.70% | 12.67% |
Dividends
| Metric | TKO | WMG |
|---|---|---|
| Dividend yield | 1.77% | 2.79% |
| Payout ratio | 108.29% | 59.69% |
Growth (annualized)
| Metric | TKO | WMG |
|---|---|---|
| Revenue CAGR (5Y) | 37.20% | 7.66% |
| EPS CAGR (5Y) | 2.59% | N/A |
| FCF CAGR (5Y) | 28.60% | 109.88% |
| Total return CAGR (5Y) | 25.96% | -7.17% |
Frequently asked
- Which has the lower trailing P/E, TKO or WMG?
- WMG has the lower trailing P/E: TKO trades at 60.85 and WMG at 21.40. P/E is one valuation measure and does not by itself establish which business is cheaper.
- Which has grown faster, TKO or WMG?
- Over the past five years, TKO grew revenue faster — TKO at a 37.20% CAGR versus WMG at 7.66%.
- Does TKO or WMG pay a bigger dividend?
- TKO yields 1.77% and WMG yields 2.79% based on trailing dividends and the latest price.
- Is TKO or WMG more profitable?
- WMG runs the higher net margin — TKO at 4.33% versus WMG at 9.20%.
- How have TKO and WMG total returns compared?
- Over the past 5 years, TKO delivered 25.96% and WMG delivered -7.17% annualized total return. Past performance doesn't predict future results.
Go deeper
Dig into the metrics
TKO Group P/E ratioWarner Music P/E ratioTKO Group dividend yieldWarner Music dividend yieldTKO Group ROEWarner Music ROETKO Group operating marginWarner Music operating marginTKO Group revenue growthWarner Music revenue growthTKO Group free cash flowWarner Music free cash flow
TKO Group & Warner Music appear in these rankings
Figures are sourced from reported fundamentals and the latest end-of-day price. This comparison is informational only and is not investment advice. Past performance does not predict future results. See our methodology. Compiled by TGMCharts Research · data verified October 6, 2026.