Endeavor Group net worth and financial performance reveal a dynamic company with a strong foothold in sports, entertainment, and media.
At Ando Money, we dive deep into how their revenue, assets, and strategic moves contribute to their financial standing in 2024.
Quick Facts
FACT | DETAIL |
---|---|
Name | Endeavor Group |
Full Name | Endeavor Group Holdings, Inc. |
Website | Wikipedia Page |
Industry | Entertainment, Sports, Media |
Traded as | NYSE: EDR |
ISIN | N/A |
Founded | 2009 |
Founders | N/A |
Country/Territory | United States |
Headquarters | Beverly Hills, CA |
Chief Executive Officer | Ari Emanuel |
Number of Employees | 10,000 (2023) |
Market Cap | $8.89 Billion |
Total Assets | $21.16 Billion (as of June 2024) |
Total Equity | $10.60 Billion (as of June 2024) |
Revenue | $3.51 Billion (for six months ended June 2024) |
Net Income | – $557.24 Million (for six months ended June 2024) |
What is the Net Worth or Market Cap Of Endeavor Group in 2024?
As of October 2024, Endeavor Group holds a market cap of $8.89 billion, placing it among the valuable players in its industry.
This valuation makes it one of the most prominent companies in the entertainment sector. Comparing to other giants, Endeavor Group stands firm, showing its growing influence in sports and media.
Close Competitors/Related Brands:
- TKO Group Holdings (UFC, WWE)
- Silver Lake Partners
- Zuffa
- NYSE
- Ari Emanuel
- Beverly Hills
- WWE
- EDR
To explore more about the wealth of leading companies globally, check out the top companies by valuation.
Endeavor Group Revenue and Financial Performance Overview
Breakdown of Revenue Streams
The company’s financial structure in 2024 is driven by three major revenue streams: Owned Sports Properties, Events, Experiences & Rights, and Representation.
With Owned Sports Properties being the largest contributor, followed by Events, Experiences & Rights, each segment plays a pivotal role in enhancing their overall revenue, amounting to $3.51 billion in the first half of 2024.
Owned Sports Properties and Their Impact on Financial Performance
Endeavor’s Owned Sports Properties, including significant assets like UFC, generated $1.58 billion in the first half of 2024.
These properties are highly lucrative due to their ability to secure media rights deals, organize events, and build sponsorship agreements. The UFC alone plays a crucial role in shaping the financial health of the company.
Events, Experiences, and Rights Segment Overview
The Events, Experiences & Rights segment recorded revenues of $1.22 billion. This segment includes major entertainment events, live performances, and media distribution deals.
Ticket sales, broadcasting rights, and partnerships form the backbone of this stream. High-profile events have consistently driven revenue, with 2024 being a notable period for financial growth.
Representation Business as a Financial Driver
Representation, encompassing talent management, licensing, and marketing, contributed approximately $756.76 million to Endeavor’s total revenue in the first half of 2024.
The business primarily focuses on talent representation and agency fees. It not only plays a strategic role in the company’s business model but also stands as a stable and recurring revenue stream.
Analyzing Cost Structures and Operating Expenses
Endeavor’s operating expenses mainly include direct costs of $1.53 billion and selling, general, and administrative costs totaling $1.81 billion.
The proper management of these expenses ensures the company maintains healthy profitability, although challenges persist in aligning operating costs with revenue across segments.
Strategic Investments and Acquisitions
Endeavor’s strategic acquisitions, such as the merger of WWE into TKO Group Holdings, have significantly influenced its financial performance.
These mergers consolidate their hold in the sports and entertainment domain, opening up new revenue channels and growth opportunities. The integration of assets through these investments is a core factor in revenue expansion.
Financial Performance of TKO Group Holdings
The formation of TKO Group Holdings through the merger of UFC and WWE is a noteworthy financial move.
TKO now holds a substantial portion of Endeavor’s revenue streams, driving financial growth through combined broadcasting rights, event management, and ticket sales.
The anticipated outcomes for this merger include a robust revenue boost for the fiscal years ahead.
Asset Management and Liabilities
Endeavor holds total assets worth $21.16 billion as of June 2024, balanced against liabilities totaling $10.33 billion.
These assets and liabilities play an essential role in determining the company’s financial health and creditworthiness. Their credit facilities are carefully managed to ensure financial stability and strategic growth.
Financial Performance Trends and Future Outlook
Endeavor’s revenue and profitability have exhibited steady growth trends, with the company aiming to solidify its financial performance through diversification and strategic acquisitions.
Looking forward, the fiscal strategy involves maximizing revenue from media rights and expanding their global market share in sports and entertainment.
FAQs About Endeavor Group
What Are Endeavor Group’s Main Revenue Streams?
The main revenue streams are Owned Sports Properties, Events, Experiences & Rights, and Representation, contributing to a total of $3.51 billion in revenue for the first half of 2024.
How Does the Owned Sports Properties Segment Generate Revenue?
Owned Sports Properties like UFC generate revenue through media rights, event ticket sales, sponsorships, and licensing, contributing $1.58 billion in 2024.
What Was Endeavor Group’s Net Income in 2024?
For the six months ended June 30, 2024, Endeavor Group recorded a net loss of $557.24 million, largely due to operating expenses and strategic investments.
How Did the TKO Group Holdings Formation Impact Endeavor’s Financials?
The merger forming TKO Group Holdings has consolidated revenue streams from UFC and WWE, boosting Endeavor’s financial growth and opening up new avenues for profitability.
How Is Endeavor Group Managing Its Assets and Liabilities?
The company manages its assets and liabilities carefully, with $21.16 billion in assets and $10.33 billion in liabilities as of June 2024, ensuring balanced financial health.
Conclusion
Endeavor Group’s financial performance is robust and multifaceted.
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