Endeavor Reports Q4 Growth as Company Prepares to Go Private

The entertainment giant sees strong performance in its WME division while finalizing asset sales and a take-private deal with Silver Lake.

Endeavor's Q4 2024 revenue reached $1.6 billion, with a 7% year-over-year increase and adjusted EBITDA of $277.1 million, up 5%.
The WME representation segment drove growth with a 17% revenue increase in Q4, reaching $501.6 million, and $1.69 billion for the year, up 9% from 2023.
Endeavor is selling assets like IMG, On Location, and Professional Bull Riders to its TKO subsidiary, with deals expected to close by the end of Q1 2025.
The company is undergoing a take-private transaction led by majority owner Silver Lake, marking an end to its nearly four years as a publicly traded entity.
Endeavor's total debt rose to $5.67 billion in Q4, while its cash reserves increased by $200 million, reaching $1.2 billion.