Loading…
English Premier League football club earning revenue from matchday, broadcasting rights and sponsorship/merchandising.
English Premier League football club earning revenue from matchday, broadcasting rights and sponsorship/merchandising.
Sponsorship and retail deals carry the most revenue; broadcasting income depends on league position and on playing in European competitions, and matchday income on Old Trafford's capacity. The Glazer family keeps control through high-vote shares, while INEOS, Jim Ratcliffe's chemicals group, owns a minority stake and has run football operations since 2024.
Moat: narrow (brand, scale). One of the world's most recognized football brands, but league revenue-sharing limits control.
Headquarters: Manchester, United Kingdom · Founded: 1878
Size Manchester United (MANU) is a United States Communication Services company (Movies/Entertainment) with a market value of $3.90B, the 1364th largest of 3,117 United States companies the cockpit tracks. Shares closed at $22.61 on 6 Nov 2026.
Performance Over six months the shares gained 14.8%, against +10.6% for the median peer and -1.1% for the United States market (cap-weighted) — 11th highest of 21 in its peer set.
Growth Revenue grew 5.5% over the last twelve months (peer median +1.9%); the operating margin is -1.8% (peer median 8.5%).
Valuation It trades at 142.1× forward earnings against a peer median of 32.1× (3rd most expensive of 16).
Price implies For today's price to make sense, revenue must grow about 18% a year for seven years (Req g). Recent delivered growth is +6%, so the hurdle is +12 pp: the price needs faster growth than the company has been delivering — of companies that just grew 25–50% a year, 93.8% slowed down over the next four years.
Capital Return on invested capital runs 9.3 points below its cost of capital (8.0% WACC).
Short interest Short interest is 5.5% of the free float (15 Oct 2026).
Next results Next results expected around 18 Nov 2026 (exchange calendar; dates can move).
| TTM | FY2026 | FY2025 | FY2024 | FY2023 | |
|---|---|---|---|---|---|
| Revenue | $909M | $910M | $862M | $833M | $780M |
| Revenue growth | — | +5% | +4% | +7% | — |
| Gross profit | -$15.1M | -$15.0M | -$33.2M | -$69.9M | -$34.0M |
| EBITDA | $295M | $295M | $241M | $188M | $189M |
| Net income | -$57.8M | -$57.7M | -$42.7M | -$142M | -$34.5M |
| Free cash flow | $125M | $125M | $36.2M | $85.8M | $96.4M |
| Capital expenditure | $508M | $508M | $418M | $262M | $207M |
| Total debt | $919M | $919M | $884M | $702M | $791M |
The default views of Competitor Analysis ▸ Charts, drawn from the same data. Open them in the cockpit to change the axes, pin companies and read every value.
| Company | Market cap | 6M return | Revenue growth | Op. margin | Forward P/E | Req g |
|---|---|---|---|---|---|---|
| Manchester United MANU | $3.90B | +15% | +5% | -2% | 142.1× | 18.3% |
| Juventus Football Club JUVE.MI | $738M | -22% | -1% | -28% | n/a | n/a |
| Borussia Dortmund GmbH & Co. KGaA BVB.DE | $384M | +2% | -12% | -4% | 12.9× | -11.4% |
| Olympique Lyonnais Groupe OLG.PA | $306M | -27% | -12% | -159% | n/a | n/a |
Peer set: Industry: the same industry and sector in any market, nearest in size. This is the same default set the interactive Competitor Analysis opens with.
| Measure | MANU | Peer median | Rank in peer set |
|---|---|---|---|
| 1-month return | +11.3% | +13.4% | 11th highest of 21 |
| 6-month return | +14.8% | +10.6% | 11th highest of 21 |
| Distance from 52-week high | -7.5% | -15.7% | 7th highest of 21 |
| Revenue growth (TTM) | +5.5% | +1.9% | 9th highest of 21 |
| Operating margin | -1.8% | 8.5% | 7th lowest of 21 |
| Forward P/E | 142.1× | 32.1× | 3rd most expensive of 16 |
| Growth the price implies (Req g, 7 yrs) | 18.3% | 2.4% | 4th most demanding of 14 |
| Growth delivered (Del g) | +6.5% | +15.4% | 3rd lowest of 14 |
| Hurdle (Req g minus delivered) | +11.8 pp | -14.7 pp | 4th most demanding of 14 |
| ROIC minus cost of capital | -9.3 pp | +0.4 pp | 6th lowest of 21 |
| EV / EBITDA | 16.0× | 10.2× | 3rd most expensive of 11 |
| Net debt / EBITDA | 2.8× | 3.2× | 6th least indebted of 12 |
| Company | Market | Market cap | 6M return | Revenue growth | Op. margin | Forward P/E | Req g | Delivered g |
|---|---|---|---|---|---|---|---|---|
| Manchester United MANU | United States | $3.90B | +15% | +5% | -2% | 142.1× | 18.3% | +6.5% |
| Banijay BNJ.AS | Netherlands | $3.83B | -13% | +7% | 14% | 8.0× | -4.5% | +18.1% |
| Madison Square Garden Entertainment MSGE | United States | $3.65B | +18% | +16% | 17% | 32.1× | 5.0% | +66.9% |
| Toei Animation 4816.T | Japan | $4.17B | +23% | -2% | 31% | 27.9× | 0.5% | +12.7% |
| Lionsgate Studios LION | United States | $4.24B | +16% | -8% | 6% | 52.8× | 18.6% | -8.0% |
| China Film 600977.SS | China | $4.48B | +16% | 0% | -9% | 141.5× | -7.1% | +10.4% |
| Cinemark CNK | United States | $4.51B | +44% | +13% | 15% | 14.8× | 2.4% | +35.3% |
| Atlanta Braves BATRA | United States | $3.23B | +1% | +6% | -9% | n/a | n/a | n/a |
| Itv ITV.L | United Kingdom | $3.23B | -16% | +2% | 13% | 8.3× | -2.8% | +4.8% |
| Ruyi Film Entertainment 002739.SZ | China | $2.94B | -9% | -8% | 3% | 34.1× | 6.7% | +15.4% |
| Benefit Systems BFT.WA | Poland | $5.18B | +54% | +40% | 19% | 23.7× | 13.4% | +34.3% |
| AMC Entertainment AMC | United States | $2.80B | +109% | +6% | 5% | n/a | n/a | n/a |
| Zhejiang Huace Film & TV 300133.SZ | China | $2.79B | +15% | +44% | 8% | 50.4× | n/a | n/a |
| Beijing Enlight Media 300251.SZ | China | $5.49B | -16% | -71% | -57% | 179.5× | n/a | n/a |
| Toei 9605.T | Japan | $2.77B | +5% | +3% | 20% | 23.5× | -3.3% | +11.5% |
| Genting Singapore G13.SI | Singapore | $5.76B | -10% | +2% | 15% | 19.1× | -5.0% | +18.2% |
| China Star Entertainment 0326.HK | Hong Kong | $2.54B | -10% | -69% | -157% | n/a | n/a | n/a |
| Shanghai Film 601595.SS | China | $2.40B | +47% | -18% | -2% | 264.9× | 57.0% | +24.4% |
| MSG Rangers MSGR | United States | $2.37B | +1,624% | +2% | -9% | n/a | n/a | n/a |
| Beijing Jetsen Technology 300182.SZ | China | $2.36B | +6% | -23% | 9% | 37.1× | n/a | n/a |
| Prime Focus PFOCUS.NS | India | $2.36B | -7% | +29% | 16% | n/a | 26.0% | +12.6% |