#12 Houston Texans

#12 Houston Texans

Team Value
1
Enterprise value (equity plus net debt) of team based on current stadium deal (unless new stadium is pending).
$6.1BCalculated August 2024
Owner(s)
Cal McNair
Championships
0
Year Purchased
1999
Price Paid
$600M
Revenue
2
Net of stadium revenues used for debt payments.
$663M
Operating Income
3
Earnings before interest, taxes, depreciation and amortization.
$164M
Debt/Value
4
Includes stadium debt.
0%
Player Expenses
5
Includes benefits and bonuses.
$336M
Gate Receipts
6
Includes club seats.
$90M
Wins-to-player cost ratio
7
Compares the number of wins per player payroll relative to the rest of the NFL. Playoff wins count twice as much as regular season wins. A score of 120 means that the team had 20% more victories per-dollar of payroll compared with the league average.
116
Revenue per Fan
8
Local revenues divided by metro population, with populations in two-team markets divided in half.
$29
Metro Area Population
7.5M
Media partners
tv: ABC 13; radio: SportsRadio 610 AM,100.3 The Bull, ESPN Deportes 1180 AM
Revenues and operating income are for the 2023 season and net stadium debt service.
Footnotes
    Revenues and operating income are for the 2023 season and net stadium debt service.
  • 1. Enterprise value (equity plus net debt) of team based on current stadium deal (unless new stadium is pending).
  • 2. Net of stadium revenues used for debt payments.
  • 3. Earnings before interest, taxes, depreciation and amortization.
  • 4. Includes stadium debt.
  • 5. Includes benefits and bonuses.
  • 6. Includes club seats.
  • 7. Compares the number of wins per player payroll relative to the rest of the NFL. Playoff wins count twice as much as regular season wins. A score of 120 means that the team had 20% more victories per-dollar of payroll compared with the league average.
  • 8. Local revenues divided by metro population, with populations in two-team markets divided in half.
A pair of rookies led the Houston to the playoffs for the first time in four seasons. First-year head coach DeMeco Ryans and second-overall pick C.J. Stroud led the Texans' to a 9-6 record, finishing first in the division and securing a home game in the first round of the playoffs. With Stroud on a team-friendly deal, Houston bolstered it's roster by adding star wideout Steffon Diggs and running back Joe Mixon in hopes of making a dynamic offense even more explosive.
Valuation Breakdown
9. Portion of franchise's value attributable to revenue shared among all teams.
10. Portion of franchise's value attributable to its city and market size.
11. Portion of franchise's value attributable to its stadium.
12. Portion of franchise's value attributable to its brand.
Value Change
11%
1-YEAR CHANGE
10%
ANNUALIZED CHANGE
13
Current team value compared with latest transaction price.
13. Current team value compared with latest transaction price.
Historical
2024
Value1
Enterprise value (equity plus net debt) of team based on current stadium deal (unless new stadium is pending).
$6.1B
2024
$6.1B
Revenue2
Net of stadium revenues used for debt payments.
$663M
2024
$663M
Operating Income3
Earnings before interest, taxes, depreciation and amortization.
$164M
2024
$164M
Player Expenses5
Includes benefits and bonuses.
$336M
2024
$336M
Win-to-Player Cost Ratio7
Compares the number of wins per player payroll relative to the rest of the NFL. Playoff wins count twice as much as regular season wins. A score of 120 means that the team had 20% more victories per-dollar of payroll compared with the league average.
116
2024
116
1. Enterprise value (equity plus net debt) of team based on current stadium deal (unless new stadium is pending).
2. Net of stadium revenues used for debt payments.
3. Earnings before interest, taxes, depreciation and amortization.
5. Includes benefits and bonuses.
7. Compares the number of wins per player payroll relative to the rest of the NFL. Playoff wins count twice as much as regular season wins. A score of 120 means that the team had 20% more victories per-dollar of payroll compared with the league average.
Venue
NRG Stadium
Owner(s)
Harris County
Concessionaire
Aramark
Year Opened
2002
Average Ticket Price
$117
Seating Capacity
71,795
Cost To Build
$449M
Key Connections

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