Manchester United Ltd.

MANU Communication Services Entertainment

Manchester United Ltd.’s revenue for fiscal 2026 (year ended June 2026) was $909.3 million, up 5.42% from fiscal 2025. In the quarter to June 2026, revenue fell 3.71%, EPS fell 633.3%, free cash flow grew 47.3% and total debt rose 12.1%, each against the same quarter a year earlier. Dividend growth for five consecutive years, revenue growth for five.

20.31 0.27 −1.31%
Market cap
$3.6B
P/E
0.0×
Fwd P/E
75.1×
Dividend yield
—
F-score
2/9
Altman Z
1.06
Beneish M
−3.49
Dividend safety
n/a

Insider Decisions trades per month

Dec 25 Mar 26 Jun 26 Sep 26
Buy — — — — — — — — — — — —
Sell — — — — — — — — — — — —
Insider Ownership 77.84%

Capital & Financial Ratios $m

Market Cap 3,550.00
Revenue 909.27
Net Income (63.04)
Free Cash Flow (68.24)
Net Debt 834.21
Current Ratio 0.33 (below 1: weak)
Debt/Equity 4.58 (above 2: weak)
P/E ratio 0.00
Fwd P/E 75.10 (above 35: high)
P/S ratio 3.85
P/B ratio 17.36 (above 6: high)
Past 5Y EPS Growth —
This Y EPS Growth 1.04%
Next Y EPS Growth 41.66% (at or above 15%: strong)
Next Y revenue growth 9.54%
Next 5Y EPS Growth 52.93% (at or above 15%: strong)

Green and red mark values outside typical ranges. How we judge →

Valuation vs history

P/S against its own 10 years 62.55%
10-year low 10-year high
P/B against its own 10 years 83.97%
10-year low 10-year high
EV/Sales against its own 10 years 71.54%
10-year low 10-year high

Dividends

Payout Ratio —
Annual Dividend Rate —
Annual Dividend Yield —
total individual payouts
2025 Powerpack
2024 Powerpack
2023 Powerpack
2022 0.09
0.09
2021 0.18
0.09
0.09
2020 0.18
0.09
0.09
2019 0.18
0.09
0.09
2018 0.18
0.09
0.09
2017 0.18
0.09
0.09
2016 0.23
0.05
0.05
0.05
0.09
predictions special payouts not included in total or ratios

Assets vs Liabilities $m

2023 2024 2025 2026
Cash 92 93 111 90
Receivables 56 50 191 121
Inventory 4 4 17 16
Other 62 53 26 36
233 223 368 289
2023 2024 2025 2026
Payables 285 314 465 426
ST’ Debt 128 45 214 149
Other 17 13 25 23
635 623 971 883

Compound Annual Growth %

10y 5y 3y
Sales 1.71% 6.46% 5.20%
Cash Flow (1.44%) 9.52% 27.62%
Earnings 0.00% 0.00% 0.00%
Book Value (11.48%) (11.27%) 17.23%

Revenue $m

Sep Dec Mar Jun Year
’26 — — — — —
’26 189 253 255 212 909
’25 186 254 202 220 863
’24 199 280 173 181 833
’23 169 197 207 209 781
’22 174 250 205 147 776
’21 141 228 163 133 665
Fiscal quarters ending in the months shown.

Operating Cash Flow $m

Sep Dec Mar Jun Year
’26 — — — — —
’26 (2) (15) 37 220 240
’25 17 (81) 29 129 94
’24 27 (58) (20) 159 108
’23 (7) (72) 63 132 115
’22 88 (44) 31 54 128
’21 80 0 41 30 152
Fiscal quarters ending in the months shown.

Free Cash Flow $m

Sep Dec Mar Jun Year
’26 — — — — —
’26 (159) (63) 62 92 (68)
’25 (152) (144) (28) 63 (261)
’24 (119) (94) (48) 153 (108)
’23 (116) (108) 44 127 (53)
’22 (2) (68) 26 47 4
’21 11 (49) 22 35 20
Fiscal quarters ending in the months shown.

EPS $

Sep Dec Mar Jun Year
’26 — — — — —
’26 (0.05) 0.03 (0.09) (0.22) (0.33)
’25 0.01 (0.21) (0.02) (0.03) (0.25)
’24 (0.20) 0.15 (0.55) (0.27) (0.86)
’23 (0.19) 0.04 (0.04) (0.02) (0.21)
’22 (0.13) (0.01) (0.23) (0.55) (0.94)
’21 (0.24) 0.52 (0.15) (0.92) (0.76)
Fiscal quarters ending in the months shown.

Target Price Range

Analyst price targets

Recommendation Rating

2
1Buy 2 3Hold 4 5Sell

Ten years at a glance Fiscal years to June

Group Line 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 Trend 2027e 2028e 2029e
Price, $
Price, $ Low 14.30 16.91 15.30 12.06 13.75 10.41 17.02 13.50 12.05 15.68

Analyst estimates 2027–2029

Powerpack
High 22.15 27.70 21.92 20.48 20.86 23.60 27.34 22.00 19.65 24.45
People
People Employees 865 922 940 992 983 1,035 1,112 1,140 932 808
Revenue/emp, $m 0.85 0.86 0.86 0.65 0.68 0.75 0.70 0.73 0.93 1.13
Income, $m
Income, $m Revenue 737 795 812 642 665 776 781 833 863 909
Gross margin, % 100.00 100.00 100.00 100.00 100.00 100.00 100.00 100.00 100.00 100.00
EBT 72 35 36 (26) (32) (199) (39) (165) (51) (63)
EBT margin, % 9.73 4.42 4.38 (4.09) (4.86) (25.66) (5.02) (19.75) (5.95) (6.93)
Net income 72 35 36 (26) (32) (199) (39) (165) (51) (63)
Depreciation 157 176 149 155 178 191 225 260 276 312
Per share, $
Per share, $ Revenue 4.49 4.84 4.93 3.91 4.08 4.76 4.79 5.04 5.05 5.27
Earnings 0.30 (0.31) 0.15 (0.18) (0.76) (0.94) (0.21) (0.86) (0.25) (0.33)
Cash flow 1.76 0.78 1.93 (0.03) 0.93 0.79 0.71 0.65 0.55 1.39
Capex (1.16) (0.99) (1.17) (1.63) (0.81) (0.76) (1.04) (1.30) (2.08) (1.79)
Free cash flow 0.60 (0.21) 0.75 (1.66) 0.12 0.02 (0.33) (0.65) (1.53) (0.40)
Book value 3.69 3.49 3.27 2.70 2.25 1.04 0.77 1.10 1.47 1.17
Shares, m 164 164 165 164 163 163 163 165 171 172
Valuation, ×
Valuation, × P/E 54.17 0.00 121.40 0.00 0.00 0.00 0.00 0.00 0.00 0.00
P/S 3.62 4.26 3.69 4.05 3.72 2.33 5.09 3.24 3.53 4.35
P/B 4.40 5.90 5.58 5.87 6.75 10.68 31.75 14.79 12.14 19.60
EV/Sales 3.98 4.69 4.02 4.98 4.57 3.22 5.92 3.95 4.36 5.27
EV/FCF 29.93 (106.26) 26.27 (11.71) 154.18 638.31 (86.45) (30.58) (14.37) (70.16)
Cash, $m
Cash, $m Operating cash flow 289 128 317 (5) 152 128 115 108 94 240
Capex (191) (163) (193) (268) (132) (124) (169) (216) (355) (308)
Free cash flow 98 (35) 124 (273) 20 4 (53) (108) (261) (68)
Balance, $m
Balance, $m Working capital (20) (69) (52) (219) (230) (343) (401) (400) (604) (594)
Total debt 638 668 662 663 714 847 739 688 824 924
Net debt 270 342 263 598 565 685 647 596 713 834
Shareholders’ equity 606 573 537 443 367 170 125 182 251 202
Returns, %
Returns, % ROA 2.42 (2.49) 1.22 (1.59) (7.21) (9.00) (2.09) (8.69) (2.24) (2.75)
ROIC 7.31 4.06 5.05 0.40 (3.33) (8.50) (1.09) (7.01) (1.55) 1.83
ROE 7.71 (8.52) 4.40 (5.98) (30.66) (57.32) (23.43) (92.63) (19.73) (25.48)
Negative figures in brackets.

All 10 years →

Fiscal years to Jun 2026 · latest quarter Jun 2026 · fundamentals updated 6 Oct 2026

Charts ten years each

Manchester United Ltd. vs peers in Entertainment (Q) = latest quarter vs a year earlier

Company Market cap P/E Fwd P/E Revenue growth (Q) EPS growth (Q) FCF growth (Q) Gross margin (Q) EBIT margin (Q) Compare
CNK Cinemark Holdings Inc $4.5B 20.7× 14.7× +15.51% (above 0%: growing) +46.34% (above 0%: growing) +21.34% (above 0%: growing) 42.97% 21.45% Compare
VSNT Versant Media Group, Inc. $4.3B 3.9× 9.8× — — −23.41% (below 0%: shrinking) 60.46% 22.32% Compare
SPHR Sphere Entertainment Co. $3.9B — (loss-making) — (loss-making) +10.95% (above 0%: growing) n/m −92.89% (below 0%: shrinking) 51.84% (19.53%) Compare
MSGE Madison Square Garden Entertainment Corp. $3.8B 55.5× 31.2× +27.37% (above 0%: growing) n/m +33.34% (above 0%: growing) 38.63% (4.40%) Compare
MANU Manchester United Ltd. $3.6B — (loss-making) 75.1× −3.71% (below 0%: shrinking) n/m +47.29% (above 0%: growing) 100.00% (9.47%)
BATRK Atlanta Braves Holdings, Inc. $3.2B — (loss-making) — (loss-making) +8.59% (above 0%: growing) n/m −417.66% (below 0%: shrinking) 18.43% 0.00% Compare
BATRA Atlanta Braves Holdings, Inc. $3.2B — (loss-making) — −2.34% (below 0%: shrinking) n/m −185.33% (below 0%: shrinking) 15.90% (6.08%) Compare
IMAX IMAX Corporation $2.8B 67.8× 30.7× +12.17% (above 0%: growing) +33.33% (above 0%: growing) +63.43% (above 0%: growing) 61.16% 20.20% Compare
AMC AMC Entertainment Holdings, Inc. $2.7B — (loss-making) — (loss-making) +14.22% (above 0%: growing) n/m +113.27% (above 0%: growing) 65.68% 14.91% Compare
Median of peers $3.5B 38.1× 22.7× +12.17% — −1.03% 47.40% 7.46%

All 53 Entertainment stocks →

Manchester United Ltd. (MANU) key facts

  • Strength: Manchester United Ltd.’s revenue for fiscal 2026 (year ended June 2026) was $909.3 million, up 5.42% from fiscal 2025.
  • Manchester United Ltd. (MANU) is an Entertainment company in the Communication Services sector, listed on the New York Stock Exchange.
  • As of October 16, 2026, MANU traded at $20.31, a market capitalization of $3.6 billion.
  • Return on equity was −25.5% and debt-to-equity 4.58.
  • Its Piotroski F-score is 2 out of 9 and its Altman Z-score is 1.06 (distress zone) for fiscal 2026.

Source: company filings (standardised) and stockrow calculations · fundamentals updated Oct 6, 2026.

Manchester United Ltd. (MANU) Latest News

12 Jun

9 Jun

Impact 4 ·
stockrow.com/MANU · Data as of Oct 6, 2026 · For information only; not investment advice. · © 2026 stockrow.com