MANU · NYSE · Entertainment

Manchester United

Monetizes Manchester United Football Club through matchday, media, sponsorship, merchandise, and licensing.

$22.10
After-hours close−0.01 (−0.05%)
At close$22.11(−1.82%)
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Profile

Manchester United plcMANUCommunication Services

Generates matchday, broadcasting, and commercial revenue from Manchester United Football Club. Tickets and hospitality, media distributions, sponsorship, merchandise, licensing, and tours monetize the club's long-running brand, while football operations are delegated to INEOS within a Glazer-controlled voting structure.

Operates Manchester United Football Club, with matchday activity built around tickets and hospitality at Old Trafford. Broadcasting income is linked to Premier League arrangements and, where applicable, UEFA competitions.

Commercial activity includes sponsorship, branded-merchandise retail and licensing, and first-team tour fees. The football club's 1878 lineage supports a brand sold through global media and partnerships, while Manchester United plc is the NYSE-listed Cayman parent.

Revenue combines matchday, broadcasting, and commercial streams rather than separately disclosed operating segments. Football operations are delegated to INEOS, while Glazer-family entities retained voting control in the most recently disclosed ownership structure.

Company facts

CEOOmar Berrada
ListedAug 10, 2012
ExchangeNYSE
HeadquartersManchester, United Kingdom
CountryUnited Kingdom
Employees932
CIK0001549107
ISINKYG5784H1065

Key statistics

Market cap$3.81B
EPS (ttm)−$0.1424
P/E (ttm)−155.20
ROE-9.6%
P/B15.69
P/S4.16
Dividend yield
Beta0.75vs XLC 0.32

Year to date +40.1% · Average volume (30d) 300.6K

Analysts

Price target, next 12 months$17.95−18.8%Median of 10 analysts · vs the Aug 28 close
ConsensusHold4 of 10 analysts rate it buy or better

Ratings

Target range

Latest analyst notes

No analyst notes in the last 24 months.

Earnings

EPS

Estimate−$0.40
ReportedDue Sep 16, 2026

Revenue

Estimate$195.0M
ReportedDue Sep 16, 2026

History

Report dateEPS estEPSSurpriseRevenue estRevenueSurpriseNext session
May 27, 2026Q3 FY26−$0.06$0.04+172.5%$220.9M$250.5M+13.4%−9.59%
Feb 25, 2026Q2 FY26$0.06$0.03−49.3%$253.9M$256.4M+1.0%+1.50%
Dec 11, 2025Q1 FY26−$0.02−$0.02−0.6%$188.6M$188.8M+0.1%−2.41%
Sep 17, 2025Q4 FY25−$0.09−$0.04+55.6%$225.8M$223.7M−0.9%−0.39%
View details

Financial highlights

12 quartersQ2 FY25Q3 FY25Q4 FY25Q1 FY26Q2 FY26Q3 FY26
Revenue$275.4M$211.5M$216.2M$190.4M$254.2M$256.5M
Gross profit$23.3M$1.5M−$12.9M−$36.6M$22.0M$256.5M
Operating income$23.3M$1.5M−$14.3M−$36.6M$22.0M$14.0M
Net income−$38.5M−$3.6M−$5.1M−$9.0M$5.6M−$15.9M
Diluted EPS−$0.22−$0.02−$0.03−$0.05$0.03−$0.09
Gross margin8.5%0.7%-6.0%-19.2%8.6%100.0%
Operating margin8.5%0.7%-6.6%-19.2%8.6%5.4%

Fiscal years (4-quarter sums)FY21 $662.9M · FY22 $802.6M · FY23 $873.1M · FY24 $899.9M · FY25 $891.3M

Revenue by product · FY25

Commercial$451.1M · 39%
Sponsorship$255.0M · 22%
Broadcasting$234.1M · 20%
Matchday$216.9M · 19%
Broadcasting Other$7.8M · 1%

Balance sheet, Mar 31, 2026Cash & short-term investments $82.5M · Total debt $1.02B · Total assets $2.15B · Shareholders' equity $242.8M

Dividends

Next ex-date
Annual dividend
Dividend yield
Schedule

History

Ex-dateRecordPaidAmountNote
Jun 3, 2022Jun 6Jun 24$0.09
Nov 30, 2021Dec 1Jan 7$0.09
View details

Ownership

Institutions 16.44%28.38M sharesInsiders 9.38%16.19M sharesOther 74.18%128.05M shares

Shares outstanding 172.62M · Float 119.56M · 69.3% free float

Top shareholders13F · 13D/G · Form 4

HolderShares% outstandingFormFiled
INEOS Ltd · 10 percent owner16.19M9.38%Form 4Jun 29, 2026
Ariel Investments, LLC9.05M5.24%13FMay 14, 2026
Lindsell Train Ltd3.14M1.82%13FApr 24, 2026
Boldhaven Management LLP3.11M5.60%13GJul 21, 2026
Cooperman Leon G.2.93M5.20%13GMay 13, 2026

Insider tradesForm 4

Nothing filed in the last 12 months.

View details

Peers

Not reported.