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Madison Square Garden Entertainment Corp.(MSGE)Earnings, Financials & Key Ratios
MSGE•NYSE
$66.71
$3.15B mkt cap·86.6× P/E·Price updated May 7, 2026
AboutMadison Square Garden Entertainment Corp. engages in the entertainment business. It produces, presents, or hosts various live entertainment events, including concerts, family shows, and special events, as well as sporting events, such as professional boxing, college basketball and hockey, professional bull riding, mixed martial arts, and esports and wrestling in its venues, including The Garden, Hulu Theater, Radio City Music Hall, and the Beacon Theatre in New York City; and The Chicago Theatre. The company also operates 70 entertainment dining and nightlife venues spanning 20 markets across five continents under the Tao, Marquee, Lavo, Beauty & Essex, Cathédrale, Hakkasan, and Omnia brand names; and creates and operates New England's premier music festival. In addition, it features the Radio City Rockettes, which serves as the star for its Christmas Spectacular at Radio City Music Hall. The company was founded in 2006 and is based in New York, New York.Show more
- Revenue$943M-1.7%
- EBITDA$180M+8.5%
- Net Income$37M-74.1%
- EPS (Diluted)0.77-74.1%
- Gross Margin43.18%+0.5%
- EBITDA Margin19.08%+10.4%
- Operating Margin12.95%+11.0%
- Net Margin3.97%-73.6%
- ROIC8.49%-10.5%
- Interest Coverage2.30+5.6%
MSGE Key Insights
Madison Square Garden Entertainment Corp. (MSGE) fundamental analysis — strengths, weaknesses & financial health based on data analysis
✓Strengths
- ✓Momentum leader: RS Rating 84 (top 16%)
- ✓High quality earnings: Operating CF exceeds net income
- ✓Strong 5Y sales CAGR of 10.0%
- ✓Trading near 52-week high
✗Weaknesses
- ✗Profits declining 26.3% over 5 years
* These insights are generated automatically based on available financial data. Please conduct your own research before making investment decisions.
MSGE Price & Volume
Madison Square Garden Entertainment Corp. (MSGE) stock price & volume — 10-year historical chart
Loading chart...
MSGE Growth Metrics
Madison Square Garden Entertainment Corp. (MSGE) revenue, earnings & EPS growth — 3, 5 & 10-year CAGR
Revenue CAGR
10 Years-
5 Years10.03%
3 Years12.99%
TTM18.89%
Profit CAGR
10 Years-
5 Years-26.26%
3 Years-
TTM-67.85%
EPS CAGR
10 Years-
5 Years-35.94%
3 Years-
TTM-68.25%
Return on Capital
10 Years3.47%
5 Years4.61%
3 Years11.39%
Last Year11.03%
MSGE Recent Earnings
Madison Square Garden Entertainment Corp. (MSGE) EPS & revenue vs analyst estimates — last 4 quarters
●Beat EPS 6/12 qtrs (50%)●Beat Revenue 9/12 qtrs (75%)
Q2 2026Latest
May 7, 2026EPS
$0.04
Est $0.14
-128.6%
Revenue
$386M
Est $243M
+59.0%
Q1 2026
Feb 3, 2026EPS
$1.94
Est $2.35
-17.4%
Revenue
$460M
Est $452M
+1.7%
Q4 2025
Nov 6, 2025EPS
$0.46
Est $0.59
+22.0%
Revenue
$158M
Est $442M
-64.2%
Q3 2025
Aug 13, 2025EPS
$0.50
Est $0.47
-6.4%
Revenue
$154M
Est $143M
+7.5%
| Quarter | Date | EPS (Act vs Est) | Revenue (Act vs Est) |
|---|---|---|---|
| Q2 2026Latest | May 7, 2026 | $0.04vs $0.14-128.6% | $386Mvs $243M+59.0% |
| Q1 2026 | Feb 3, 2026 | $1.94vs $2.35-17.4% | $460Mvs $452M+1.7% |
| Q4 2025 | Nov 6, 2025 | $0.46vs $0.59+22.0% | $158Mvs $442M-64.2% |
| Q3 2025 | Aug 13, 2025 | $0.50vs $0.47-6.4% | $154Mvs $143M+7.5% |
Based on last 12 quarters of dataView full earnings history →
MSGE Peer Comparison
Madison Square Garden Entertainment Corp. (MSGE) competitors in Live Events and Sports Operators — business model, growth, and fundamentals comparison
| Company | Market Cap | Stock Price | P/E Ratio (TTM) | Revenue Growth 1Y | Net Margin | Return on Equity (ROE) | FCF Yield | Debt / Equity |
|---|---|---|---|---|---|---|---|---|
 LYV | 38.65B | 166.32 | -692.98 | 8.83% | 0.33% | 4.44% | 6.84 | |
 EPR | 4.43B | 57.85 | 17.64 | 12.07% | 38.81% | 11.68% | 1.35 | |
 CHDN | 6.19B | 88.85 | 16.70 | 7.01% | 13.16% | 35.7% | 4.92 | |
 AMC | 930.34M | 1.52 | -1.24 | 4.57% | -10.88% | |||
 CNK | 3.21B | 27.48 | 26.42 | 2.15% | 4.42% | 25.42% | 9.14 | |
 IMAX | 1.92B | 35.64 | 56.56 | 16.47% | 10.73% | 10.83% | 0.70 | |
 TKO | 36.5B | 187.54 | 82.98 | 68.85% | 7.61% | 4.1% | 0.44 | |
 SPOT | 87.98B | 427.43 | 34.61 | 9.65% | 15.45% | 35.34% | 0.28 |
Compare MSGE vs Peers
Madison Square Garden Entertainment Corp. (MSGE) vs competitors — business, growth, and fundamentals comparison against the closest industry rivals.
MSGE Income Statement
Madison Square Garden Entertainment Corp. (MSGE) annual income statement — 10-year revenue, gross profit & net income history
10Y historyFree accessUpdated daily
| Line item | Jun'18 | Jun'19 | Jun'20 | Jun'21 | Jun'22 | Jun'23 | Jun'24 | Jun'25 | TTM |
|---|---|---|---|---|---|---|---|---|---|
| Sales/Revenue | 988.99M | 1.05B | 584.6M | 81.81M | 653.49M | 851.5M | 959.26M | 942.73M | 1.16B |
| Revenue Growth % | - | 6.06% | -44.27% | -86.01% | 698.77% | 30.3% | 12.66% | -1.72% | 18.89% |
| Cost of Goods Sold | 635.22M | 670.64M | 380.53M | 75.85M | 394.79M | 499.93M | 547.05M | 535.64M | 407.87M |
| COGS % of Revenue | 64.23% | 63.94% | 65.09% | 92.71% | 60.41% | 58.71% | 57.03% | 56.82% | - |
| Gross Profit | 353.77M▲ 0% | 378.27M▲ 6.9% | 204.07M▼ 46.1% | 5.96M▼ 97.1% | 258.7M▲ 4239.8% | 351.57M▲ 35.9% | 412.22M▲ 17.3% | 407.09M▼ 1.2% | 364.47M▲ 0% |
| Gross Margin % | 35.77% | 36.06% | 34.91% | 7.29% | 39.59% | 41.29% | 42.97% | 43.18% | 31.45% |
| Gross Profit Growth % | - | 6.92% | -46.05% | -97.08% | 4239.81% | 35.9% | 17.25% | -1.24% | - |
| Operating Expenses | 385.05M | 423.87M | -21.26M | 243.25M | 264.34M | 246.56M | 300.27M | 285M | 424.67M |
| OpEx % of Revenue | 38.93% | 40.41% | -3.64% | 297.33% | 40.45% | 28.96% | 31.3% | 30.23% | - |
| Selling, General & Admin | 273M | 314.52M | 137.94M | 157.24M | 188.79M | 180.22M | 232.19M | 214.97M | 261.33M |
| SG&A % of Revenue | 27.6% | 29.99% | 23.59% | 192.2% | 28.89% | 21.16% | 24.21% | 22.8% | - |
| Research & Development | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| R&D % of Revenue | - | - | - | - | - | - | - | - | - |
| Other Operating Expenses | -3.1M | -6.06M | -159.19M | 86.01M | 75.55M | 66.34M | 68.08M | 70.03M | 4M |
| Operating Income | -31.28M▲ 0% | -45.6M▼ 45.8% | 225.33M▲ 594.2% | -237.29M▼ 205.3% | -5.65M▲ 97.6% | 105.01M▲ 1959.2% | 111.94M▲ 6.6% | 122.09M▲ 9.1% | 116.65M▲ 0% |
| Operating Margin % | -3.16% | -4.35% | 38.54% | -290.04% | -0.86% | 12.33% | 11.67% | 12.95% | 10.07% |
| Operating Income Growth % | - | -45.76% | 594.18% | -205.31% | 97.62% | 1959.21% | 6.6% | 9.07% | - |
| EBITDA | 80.78M | 63.75M | 313.46M | -165.71M | 63.89M | 178.28M | 165.82M | 179.86M | 244.51M |
| EBITDA Margin % | 8.17% | 6.08% | 53.62% | -202.55% | 9.78% | 20.94% | 17.29% | 19.08% | 21.1% |
| EBITDA Growth % | - | -21.08% | 391.74% | -152.86% | 138.55% | 179.06% | -6.99% | 8.47% | 25.24% |
| D&A (Non-Cash Add-back) | 112.06M | 109.34M | 88.13M | 71.58M | 69.53M | 73.27M | 53.88M | 57.77M | 127.86M |
| EBIT | -25.99M | -9.83M | 271.27M | -222.86M | 369K | 129.64M | 126.15M | 116.07M | 111.37M |
| Net Interest Income | 9.2M | 14.9M | 8.38M | -27.29M | -45.96M | -44.63M | -54.98M | -48.18M | -30.95M |
| Interest Income | 21.35M | 30.16M | 8.8M | 6.44M | 7.15M | 7.24M | 2.98M | 2.33M | 6.17M |
| Interest Expense | 12.15M | 15.26M | 425K | 33.73M | 53.11M | 51.87M | 57.95M | 50.51M | 25.12M |
| Other Income/Expense | 2.34M | 22.71M | 45.51M | 23.33M | -130.62M | -27.24M | -59.65M | -56.53M | -46.09M |
| Pretax Income | -28.94M▲ 0% | -29.7M▼ 2.6% | 270.84M▲ 1012.1% | -213.96M▼ 179.0% | -136.27M▲ 36.3% | 77.77M▲ 157.1% | 52.29M▼ 32.8% | 65.56M▲ 25.4% | 70.56M▲ 0% |
| Pretax Margin % | -2.93% | -2.83% | 46.33% | -261.53% | -20.85% | 9.13% | 5.45% | 6.95% | 6.09% |
| Income Tax | -30.83M | 443K | 100.18M | 5.35M | -70K | 1.73M | -92.01M | 28.13M | 28.27M |
| Effective Tax Rate % | 106.52% | -1.49% | 36.99% | -2.5% | 0.05% | 2.22% | -175.96% | 42.91% | 40.06% |
| Net Income | 6.9M▲ 0% | -17.89M▼ 359.4% | 171.73M▲ 1059.7% | -218.61M▼ 227.3% | -133.34M▲ 39.0% | 76.6M▲ 157.4% | 144.3M▲ 88.4% | 37.43M▼ 74.1% | 42.29M▲ 0% |
| Net Margin % | 0.7% | -1.71% | 29.38% | -267.22% | -20.4% | 9% | 15.04% | 3.97% | 3.65% |
| Net Income Growth % | - | -359.41% | 1059.71% | -227.3% | 39.01% | 157.45% | 88.39% | -74.06% | -67.85% |
| Net Income (Continuing) | 6.9M | -17.89M | 170.66M | -219.31M | -136.2M | 76.04M | 144.3M | 37.43M | 42.29M |
| Discontinued Operations | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Minority Interest | 88.19M | 81.42M | 32.8M | 2.75M | -114K | 0 | 0 | 0 | 0 |
| EPS (Diluted) | 0.29▲ 0% | -0.75▼ 358.6% | 7.14▲ 1052.0% | -9.07▼ 227.0% | -2.61▲ 71.2% | 1.47▲ 156.3% | 2.97▲ 102.0% | 0.77▼ 74.1% | 1.18▲ 0% |
| EPS Growth % | - | -358.62% | 1052% | -227.03% | 71.22% | 156.32% | 102.04% | -74.07% | -68.25% |
| EPS (Basic) | 0.29 | -0.75 | 7.15 | -9.07 | -2.61 | 1.48 | 2.99 | 0.78 | - |
| Diluted Shares Outstanding | 23.99M | 23.99M | 24.04M | 24.17M | 44.9M | 51.05M | 48.59M | 48.33M | 35.88M |
| Basic Shares Outstanding | 23.99M | 23.99M | 24.01M | 24.17M | 44.9M | 51.05M | 48.27M | 48.03M | 35.88M |
| Dividend Payout Ratio | - | - | - | - | - | - | - | - | - |
MSGE Balance Sheet
Madison Square Garden Entertainment Corp. (MSGE) balance sheet — assets, liabilities & shareholders' equity
| Line item | Jun'18 | Jun'19 | Jun'20 | Jun'21 | Jun'22 | Jun'23 | Jun'24 | Jun'25 | TTM |
|---|---|---|---|---|---|---|---|---|---|
| Total Current Assets | 1.35B | 1.35B | 1.43B | 544.82M | 341.45M | 295.28M | 219.08M | 237.13M | 903.57M |
| Cash & Short-Term Investments | 1.23B | 1.19B | 1.24B | 317.82M | 58.1M | 76.09M | 33.26M | 43.02M | 630.15M |
| Cash Only | 1.23B | 1.08B | 906.55M | 317.82M | 58.1M | 76.09M | 33.26M | 43.02M | 630.15M |
| Short-Term Investments | 0 | 108.42M | 337.19M | 0 | 0 | 0 | 0 | 0 | 0 |
| Accounts Receivable | 82.42M | 82.77M | 57.18M | 170.3M | 204.94M | 144.62M | 102.57M | 96.92M | 201.76M |
| Days Sales Outstanding | 30.42 | 28.8 | 35.7 | 759.78 | 114.47 | 61.99 | 39.03 | 37.52 | 44.84 |
| Inventory | 0 | 0 | 0 | 2.23M | 2.75M | 2.56M | 3.87M | 3.75M | 0 |
| Days Inventory Outstanding | - | - | - | 10.75 | 2.54 | 1.87 | 2.58 | 2.56 | 1.87 |
| Other Current Assets | 26.9M | 39.43M | 63.44M | 7.9M | 10.59M | 13.43M | 5.43M | 4.46M | 71.66M |
| Total Non-Current Assets | 1.93B | 1.97B | 2.29B | 1.15B | 1.19B | 1.11B | 1.33B | 1.43B | 3.32B |
| Property, Plant & Equipment | 1.23B | 1.35B | 1.87B | 838.69M | 967.23M | 864.68M | 1.02B | 1.11B | 2.72B |
| Fixed Asset Turnover | 0.81x | 0.78x | 0.31x | 0.10x | 0.68x | 0.98x | 0.94x | 0.85x | 0.78x |
| Goodwill | 165.56M | 165.56M | 74.31M | 69.04M | 69.04M | 69.04M | 69.04M | 69.04M | 344.77M |
| Intangible Assets | 297.95M | 279.81M | 214.23M | 71.28M | 65.44M | 63.8M | 63.8M | 63.8M | 20.16M |
| Long-Term Investments | 209.95M | 84.56M | 52.62M | 45.97M | 36.42M | 35.07M | 6.32M | 7.09M | 52.62M |
| Other Non-Current Assets | 35.96M | 89.96M | 85.1M | 127.49M | 47.11M | 73.29M | 103.96M | 133.09M | 619.13M |
| Total Assets | 3.29B▲ 0% | 3.32B▲ 0.9% | 3.72B▲ 12.2% | 1.7B▼ 54.4% | 1.53B▼ 10.1% | 1.4B▼ 8.2% | 1.55B▲ 10.8% | 1.67B▲ 7.5% | 4.22B▲ 0% |
| Asset Turnover | 0.30x | 0.32x | 0.16x | 0.05x | 0.43x | 0.61x | 0.62x | 0.56x | 0.49x |
| Asset Growth % | - | 0.85% | 12.17% | -54.36% | -10.05% | -8.22% | 10.82% | 7.54% | 169.42% |
| Total Current Liabilities | 483.86M | 474.05M | 509.97M | 429.25M | 545.09M | 540.64M | 505.82M | 502.4M | 742.66M |
| Accounts Payable | 28.29M | 23.97M | 17.26M | 2.46M | 11.24M | 15.63M | 26.59M | 12.1M | 36.48M |
| Days Payables Outstanding | 16.25 | 13.05 | 16.55 | 11.86 | 10.39 | 11.41 | 17.74 | 8.25 | 65.06 |
| Short-Term Debt | 4.37M | 6.04M | 5.43M | 6.5M | 8.76M | 16.25M | 16.25M | 30.47M | 74.2M |
| Deferred Revenue (Current) | 216.34M | 186.88M | 0 | 198.5M | 202.68M | 225.85M | 215.58M | 228.64M | 957.84M |
| Other Current Liabilities | 0 | 0 | 239.6M | 0 | 0 | 0 | 0 | 0 | 438.46M |
| Current Ratio | 2.80x | 2.84x | 2.80x | 1.27x | 0.63x | 0.55x | 0.43x | 0.47x | 0.47x |
| Quick Ratio | 2.80x | 2.84x | 2.80x | 1.26x | 0.62x | 0.54x | 0.43x | 0.46x | 0.46x |
| Cash Conversion Cycle | - | - | - | 758.67 | 106.62 | 52.45 | 23.87 | 31.83 | -18.34 |
| Total Non-Current Liabilities | 237.61M | 188.25M | 334.8M | 769.39M | 983.2M | 929.99M | 1.07B | 1.18B | 1.23B |
| Long-Term Debt | 101.33M | 48.56M | 28.13M | 611.28M | 654.91M | 630.18M | 599.25M | 568.78M | 111.46M |
| Capital Lease Obligations | 0 | 0 | 174.22M | 77.21M | 254.11M | 219.96M | 427.01M | 566.48M | 1.71B |
| Deferred Tax Liabilities | 23.34M | 22.97M | 0 | 23.27M | 23.25M | 23.52M | 0 | 0 | 166.66M |
| Other Non-Current Liabilities | 49.54M | 59.52M | 132.45M | 57.62M | 50.92M | 56.33M | 43.79M | 45.48M | 520.79M |
| Total Liabilities | 721.47M | 662.29M | 844.77M | 1.2B | 1.53B | 1.47B | 1.58B | 1.68B | 1.97B |
| Total Debt | 105.7M | 54.6M | 261.16M | 735.92M | 956.79M | 902.92M | 1.07B | 1.2B | 185.67M |
| Net Debt | 0 | 0 | -645.39M | 418.1M | 898.69M | 826.83M | 1.04B | 1.16B | -444.48M |
| Debt / Equity | 0.04x | 0.02x | 0.09x | 1.48x | - | - | - | - | 0.08x |
| Debt / EBITDA | 1.31x | 0.86x | 0.83x | - | 14.98x | 5.06x | 6.45x | 6.68x | 0.76x |
| Net Debt / EBITDA | - | - | -2.06x | - | 14.07x | 4.64x | 6.25x | 6.44x | 6.44x |
| Interest Coverage | -2.14x | -0.64x | 638.27x | -6.61x | 0.01x | 2.50x | 2.18x | 2.30x | 4.43x |
| Total Equity | 2.57B▲ 0% | 2.65B▲ 3.4% | 2.87B▲ 8.3% | 498.65M▼ 82.7% | -1.59M▼ 100.3% | -69.47M▼ 4272.1% | -23.16M▲ 66.7% | -13.3M▲ 42.6% | 2.25B▲ 0% |
| Equity Growth % | - | 3.4% | 8.33% | -82.65% | -100.32% | -4272.06% | 66.66% | 42.59% | 23753.97% |
| Book Value per Share | 106.96 | 110.60 | 119.55 | 20.63 | -0.04 | -1.36 | -0.48 | -0.28 | 62.65 |
| Total Shareholders' Equity | 2.48B | 2.57B | 2.84B | 495.9M | -1.48M | -69.47M | -23.16M | -13.3M | 2.25B |
| Common Stock | 2.53B | 2.62B | 240K | 529.5M | 33.27M | 519K | 525K | 530K | 368K |
| Retained Earnings | -46.92M | -46.92M | 141.94M | 0 | 0 | -28.7M | 115.6M | 153.03M | -181.98M |
| Treasury Stock | 0 | 0 | 0 | 0 | 0 | -25M | -140.51M | -180.2M | 0 |
| Accumulated OCI | -46.92M | -46.92M | -51.86M | -33.6M | -34.74M | -34.02M | -32.26M | -31.5M | -1.14M |
| Minority Interest | 88.19M | 81.42M | 32.8M | 2.75M | -114K | 0 | 0 | 0 | 0 |
MSGE Cash Flow Statement
Madison Square Garden Entertainment Corp. (MSGE) cash flow — operating, investing & free cash flow history
| Line item | Jun'18 | Jun'19 | Jun'20 | Jun'21 | Jun'22 | Jun'23 | Jun'24 | Jun'25 | TTM |
|---|---|---|---|---|---|---|---|---|---|
| Cash from Operations | 144.38M | 91.72M | 31.53M | -148.12M | 95.35M | 135.69M | 111.27M | 115.3M | 115.3M |
| Operating CF Margin % | 14.6% | 8.74% | 5.39% | -181.05% | 14.59% | 15.94% | 11.6% | 12.23% | - |
| Operating CF Growth % | - | -36.47% | -65.63% | -569.8% | 164.38% | 42.31% | -18% | 3.62% | -12483.16% |
| Net Income | 1.89M | -30.14M | 170.66M | -219.31M | -136.2M | 76.04M | 144.3M | 37.43M | 42.29M |
| Depreciation & Amortization | 112.06M | 109.34M | 88.13M | 71.58M | 69.53M | 60.46M | 53.88M | 57.77M | 44.3M |
| Stock-Based Compensation | 27.29M | 35.4M | 26.11M | 40.66M | 39.36M | 31.81M | 31.17M | 27.69M | 23.19M |
| Deferred Taxes | -31.27M | -371K | 17.43M | 566K | 225K | 720K | -92.2M | 14.84M | 11.42M |
| Other Non-Cash Items | 6.38M | 4.82M | -129.81M | -46.85M | 88.84M | -7.49M | 5.64M | 21.44M | 149.64M |
| Working Capital Changes | 28.04M | -27.33M | -140.99M | 5.24M | 33.6M | -25.86M | -31.52M | -43.87M | 22.59M |
| Change in Receivables | -4.07M | -345K | 8.4M | -18.82M | -34.86M | 38.84M | -13.94M | 9.59M | -36.8M |
| Change in Inventory | 6.63M | -26.45M | 0 | 0 | 0 | -45.22M | 0 | 0 | 0 |
| Change in Payables | 5.31M | -4.31M | -9.3M | -9.52M | 87.56M | -696K | -55.73M | -14.49M | 15.48M |
| Cash from Investing | -169.62M | -228.06M | 276.39M | -10.34M | 45.44M | 30.3M | -62.37M | -23.69M | -24.61M |
| Capital Expenditures | -187.36M | -184M | -29.64M | -10.31M | -15.8M | -15.19M | -24.18M | -22.22M | -18.35M |
| CapEx % of Revenue | 18.94% | 17.54% | 5.07% | 12.61% | 2.42% | 1.78% | 2.52% | 2.36% | - |
| Acquisitions | -17.36M | 73.04M | 0 | 0 | 0 | 27.9M | 0 | 0 | 0 |
| Investments | - | - | - | - | - | - | - | - | - |
| Other Investing | 35.1M | -188.41M | 306.03M | -24K | 61.24M | -163.55M | -66.66M | -1.53M | -6.26M |
| Cash from Financing | 15.36M | -8.62M | -315.38M | 473.49M | -396.29M | -144.22M | -99.69M | -81.62M | -91.74M |
| Debt Issued (Net) | 0 | 0 | 0 | 627.25M | 16.29M | -19.82M | -33.65M | -16.25M | -19.3M |
| Equity Issued (Net) | 0 | 0 | 0 | 0 | 0 | -25M | -50.87M | -39.69M | -26.2M |
| Dividends Paid | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Share Repurchases | 0 | 0 | 0 | 0 | 0 | -25M | -50.87M | -39.69M | -26.2M |
| Other Financing | 15.36M | -8.62M | -315.38M | -153.76M | -412.58M | -99.39M | -15.17M | -25.68M | -46.24M |
| Net Change in Cash | -9.55M▲ 0% | -140.29M▼ 1368.7% | -7.46M▲ 94.7% | 315.03M▲ 4321.2% | -255.5M▼ 181.1% | 21.78M▲ 108.5% | -50.8M▼ 333.2% | 9.98M▲ 119.7% | 176.99M▲ 0% |
| Free Cash Flow | -42.98M▲ 0% | -92.28M▼ 114.7% | 1.88M▲ 102.0% | -158.43M▼ 8509.4% | 79.55M▲ 150.2% | 120.51M▲ 51.5% | 87.08M▼ 27.7% | 93.08M▲ 6.9% | 289.36M▲ 0% |
| FCF Margin % | -4.35% | -8.8% | 0.32% | -193.66% | 12.17% | 14.15% | 9.08% | 9.87% | 24.97% |
| FCF Growth % | - | -114.71% | 102.04% | -8509.39% | 150.21% | 51.48% | -27.73% | 6.88% | 141.47% |
| FCF per Share | -1.79 | -3.85 | 0.08 | -6.55 | 1.77 | 2.36 | 1.79 | 1.93 | 1.93 |
| FCF Conversion (FCF/Net Income) | 20.93x | -5.13x | 0.18x | 0.68x | -0.72x | 1.77x | 0.77x | 3.08x | 6.84x |
| Interest Paid | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 10.83M |
| Taxes Paid | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
MSGE Key Ratios
Madison Square Garden Entertainment Corp. (MSGE) financial ratios — P/E, ROE, debt and 30+ core market and balance-sheet ratios
| Metric | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | TTM |
|---|---|---|---|---|---|---|---|---|
| Return on Equity (ROE) | -0.69% | 6.21% | -12.96% | -53.65% | - | - | - | 7.67% |
| Return on Invested Capital (ROIC) | -2.23% | 8.77% | -11.31% | -0.47% | 9.52% | 9.48% | 8.49% | 8.49% |
| Gross Margin | 36.06% | 34.91% | 7.29% | 39.59% | 41.29% | 42.97% | 43.18% | 31.45% |
| Net Margin | -1.71% | 29.38% | -267.22% | -20.4% | 9% | 15.04% | 3.97% | 3.65% |
| Debt / Equity | 0.02x | 0.09x | 1.48x | - | - | - | - | 0.08x |
| Interest Coverage | -0.64x | 638.27x | -6.61x | 0.01x | 2.50x | 2.18x | 2.30x | 4.43x |
| FCF Conversion | -5.13x | 0.18x | 0.68x | -0.72x | 1.77x | 0.77x | 3.08x | 6.84x |
| Revenue Growth | 6.06% | -44.27% | -86.01% | 698.77% | 30.3% | 12.66% | -1.72% | 18.89% |
MSGE SEC Filings & Documents
Madison Square Garden Entertainment Corp. (MSGE) SEC filings — annual & quarterly reports (10-K, 10-Q)
MSGE Frequently Asked Questions
Madison Square Garden Entertainment Corp. (MSGE) stock FAQ — growth, dividends, profitability & financials explained
Growth & Financials
Madison Square Garden Entertainment Corp. (MSGE) reported $1.16B in revenue for fiscal year 2025. This represents a 17% increase from $989.0M in 2018.
Madison Square Garden Entertainment Corp. (MSGE) saw revenue decline by 1.7% over the past year.
Yes, Madison Square Garden Entertainment Corp. (MSGE) is profitable, generating $42.3M in net income for fiscal year 2025 (4.0% net margin).
Dividend & Returns
Madison Square Garden Entertainment Corp. (MSGE) generated $289.4M in free cash flow for fiscal year 2025. Positive FCF indicates the company can fund dividends, buybacks, or reinvestment.
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