Pure WWF/WWE Financials 1994-2013

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Chris Harrington assembled WWF/WWE Financials to provide more comprehensive looks.


Pure WWF/WWE Financials 1994-2013 

(in million dollars)


START 5/1/1994 5/1/1995 5/1/1996 5/1/1997 5/1/1998
END 4/30/1995 4/30/1996 4/30/1997 4/30/1998 4/30/1999
FISCAL YEAR FY1995 FY1996 FY1997 FY1998 FY1999
PPV EVENTS 5 12 12 12 12
PPV BUYS 1,868,900 2,831,700 2,252,200 2,936,100 5,365,100
REVENUE $87.35 $85.82 $81.86 $126.23 $250.34
Net income (loss) $(4.43) $3.20 $(6.51) $8.47 $56.03
EBIDTA
$7.71 -($4.96) $12.15 $58.93
ATTENDANCE 1,163,259 931,954 1,060,740 1,576,112 2,273,701
EVENTS 347 247 199 218 199


START 5/1/1999 5/1/2000 5/1/2001 5/1/2002 5/1/2003
END 4/30/2000 4/30/2001 4/30/2002 4/30/2003 4/30/2004
FISCAL YEAR FY2000 FY2001 FY2002 FY2003 FY2004
EVENTS 12 12 12 12 12
PPV BUYS 6,884,600 8,010,400 7,135,464 5,378,100 5,604,000
REVENUE $377.90 $438.14 $409.62 $374.30 $374.91
Profit Contribution $158.34 $188.86 $158.50 $136.90 $167.80
Net income (loss) 
including XFL and
the World
$58.91 
$15.99

$42.23

-$(19.20)
$48.2 
Net income (loss) 
excluding XFL and
the World
$59.58  $62.90 $37.60  $16.1 $49.6  
EBIDTA $87.24 $92.92 $55.23 $37.6 $85.9
Attendance 2,485,100 2,449,800 2,032,754 1,815,100 1,647,900
Events 206 212 237 327 329
Profit Contribution % 41.9% 43.1% 38.7% 36.6% 44.8%
EBIDTA % 23.1% 21.1% 13.5% 10.0% 22.9%


START 5/1/2004 5/1/2005 1/1/2006 1/1/2007 1/1/2008
END 4/30/2005 4/30/2006 12/31/2006 12/31/2007 12/31/2008
FISCAL YEAR FY2005 FY2006 CY2006 CY2007 CY2008
PPV EVENTS 14 16 16 15 14
PPV BUYS 5,280,800 6,241,100 5,744,000 5,218,000 5,034,400
REVENUE $366.43 $400.05 $415.30 $485.66 $526.46
Profit Contribution $153.10 $172.90 $170.40 $186.90 $214.70
Net income (loss) $39.10 $47.05 $48.80 $52.14 $45.42
EBIDTA $62.20 $81.00 $74.30 $77.80 $83.40
ATTENDANCE 1,617,430 1,713,840 1,975,500 2,115,300 2,203,300
EVENTS 325 300 308 308 319
Profit Contribution % 41.8% 43.2% 41.0% 38.5% 40.8%
EBIDTA % 17.0% 20.2% 17.9% 16.0% 15.8%


START 1/1/2009 1/1/2010 1/1/2011 1/1/2012 1/1/2013
END
12/31/2009
12/31/2010
12/31/2011
12/31/2012
12/31/2013
FISCAL YEAR
CY2009
CY2010
CY2011
CY2012
CY2013
EVENTS
14
13
13
12
12
PPV BUYS
4,490,200
3,631,100
3,842,100
4,023,000
3,838,000
REVENUE
$475.16
$477.60
$483.90
$484.00
$508.00
Profit Contribution
$219.30
$203.40
$168.70
$199.60

Net income (loss)
$50.30
$53.50
$24.80
$31.40
$2.80
EBIDTA
$91.60
$94.00
$52.00
$63.20
$30.40
ATTENDANCE
2,383,800
2,155,700
1,976,500
1,854,100
1,919,500
EVENTS
342
327
321
314
321
Profit Contribution %
46.2%
42.6%
34.9%
41.2%

EBIDTA %
19.3%
19.7%
10.7%
13.1%
6.0%


Notes: 

  • Information was pulled from a combination of SEC filings, Trending Schedules and WWE Investor Presentations
  • Note that while all periods are 12 months, 2006 is represented twice – a FY2006 (May 2005-April 2006) and a CY2006 (Jan 2006-Dec 2006)
  • In 2013 the company switched from EBITDA to OIBDA but retained the same calculation. Profit Contribution was not listed on the 2013 Trending Schedule.
  • Various charges 
    • XFL and The World: $1.4M (FY2004), $35.6M (FY2003), $0.3M (FY2002), $48.5M (FY2001), $0.7M (FY2000)
    • Hotel/Casino: bought $10.9M (FY1999), sold $11.3M (FY2000)
    • WWE Studios: $11.7M (CY2013), $1.3M (CY2012), $23.4M (CY2011), $1.9M (CY2008), $15.7M (CY2007)
    • Reversal of accrued licensing agent commissions: -$7.9M (FY2004)
    • Legal Settlements: $7.0M (FY2001), $6.2M (FY2003), -$5.9M (FY2004)
    • Early Termination of Office Space Lease: $0.7M (FY2003)
  • On the 2/20/14 Conference Call, CFO George Barrios noted that WWE had spent about $12M on WWE Network development in 2013 which along with the film impairment charges is likely what drove the major dip in EBITDA/OIBDA and Net Income in 2013.

Revenue Streams by Segment

(in Million$)


START 5/1/1999 5/1/2000 5/1/2001 5/1/2002 5/1/2003
END
4/30/2000
4/30/2001
4/30/2002
4/30/2003
4/30/2004
FISCAL YEAR
FY2000
FY2001
FY2002
FY2003
FY2004
PPV
$106.40
$128.20
$112.00
$91.10
$95.30
Live Events
$68.90
$82.00
$74.50
$72.90
$70.20
TV Rights
$12.10
$35.30
$53.30
$58.50
$71.00
Advertising
$77.90
$90.20
$83.70
$72.90
$59.50
Licensing + Other
$43.70
$37.40
$24.40
$22.50
$22.60
Home Entertainment
$20.00
$12.20
$13.60
$13.80
$21.40
Merchandise
$21.50
$22.00
$26.20
$22.50
$18.60
Publishing
$16.20
$18.40
$17.60
$15.20
$10.70
WWE.com
$11.10
$12.50
$4.40
$4.90
$5.60


START 5/1/2004 5/1/2005 1/1/2006 1/1/2007 1/1/2008
END
4/30/2005
4/30/2006
12/31/2006
12/31/2007
12/31/2008
FISCAL YEAR
FY2005
FY2006
CY2006
CY2007
CY2008
PPV
$85.50
$94.80
$93.60
$94.30
$91.40
Live Events
$78.70
$75.00
$83.70
$99.30
$105.70
TV Rights
$78.00
$81.50
$85.50
$92.40
$100.70
Advertising
$43.70
$22.60
$7.40
$5.90
$7.40
Licensing + Other
$21.60
$32.70
$32.70
$47.90
$61.80
Home Entertainment
$20.10
$42.60
$49.90
$53.70
$58.50
Merchandise
$18.00
$27.90
$35.50
$37.70
$37.00
Publishing
$12.20
$11.10
$12.40
$16.50
$15.40
WWE.com
$7.80
$9.70
$11.00
$16.20
$16.30
WWE Studios
$0.00
$0.00
$0.00
$16.00
$24.50
WWE 24/7
$0.80
$2.20
$3.60
$5.80
$7.80


START 1/1/2009 1/1/2010 1/1/2011 1/1/2012 1/1/2013
END
12/31/2009
12/31/2010
12/31/2011
12/31/2012
12/31/2013
FISCAL YEAR
CY2009
CY2010
CY2011
CY2012
CY2013
PPV
$80.00
$70.20
$78.30
$83.60
$82.50
Live Events
$108.80
$104.60
$104.70
$103.70
$111.50
TV Rights
$111.90
$127.00
$131.50
$139.50
$160.90
Advertising
$7.70
$5.90
$1.10
$1.40
$2.50
Licensing + Other
$46.80
$54.30
$56.80
$48.80
$46.40
Home Entertainment
$39.40
$32.10
$30.40
$33.00
$24.30
Merchandise
$35.80
$32.40
$33.90
$33.60
$34.90
Publishing
$13.50
$11.00
$7.70
$6.00
$5.70
WWE.com
$16.80
$14.90
$12.50
$19.70
$23.00
WWE Studios
$7.70
$19.60
$20.90
$7.90
$10.80
WWE COD
$6.80
$5.60
$6.10
$6.80
$5.50


Notes:
  • Information was pulled from a combination of SEC filings, Trending Schedules and WWE Investor Presentations
  • Note that while all periods are 12 months, 2006 is represented twice – a FY2006 (May 2005-April 2006) and a CY2006 (Jan 2006-Dec 2006)
  • I would recommend looking at TV Rights+Advertising together.  TV Rights represent both domestic and international TV Rights deals.
  • Merchandise is a combination of Venue Merchandise and WWEShop and Catalog Sales
  • Licensing + Other is Licensing plus Consumer Products Other
  • WWE 24/7 is really the Live and Televised Entertainment Other category (which included WWE Classics on Demand, fka WWE 24/7)


Please feel free to use these numbers for your own analysis and articles! 

It would be kind that if should you choose to use these numbers as a “source of truth”, please link back to this page.  I’ve tried my best to verify the numbers, and where there were changes, use the latest version of the data.  I will try to post corrections and additional information here in the future.

-Chris Harrington
twitter: @mookieghana
email: chris.harrington@gmail.com

Original link (thanks to Chris Harrington):
http://indeedwrestling.blogspot.ca/2014/02/pure-wwfwwe-financials-1994-2013.html

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