MSGS vs MGM Stock Comparison

Madison Square Garden Sports and MGM Resorts International Prices as of Oct 26, 2026 Peers: Industry group
MGM MGM Resorts International
$27.98 -14.1% 1M -15.0% 1Y
Market cap
$7.04B
P/E
16.7x
Revenue (TTM)
$17.76B
Div. yield
–
Casinos Consumer Discretionary
4 wins

Head to Head

9 decided of 12

Madison Square Garden Sports leads on 5 of the 12 questions below (Madison Square Garden Sports 5, MGM Resorts International 4). Which ones matter depends on what you are buying for; a cheap multiple and slow growth often come together.

QuestionMSGSMGMLeader
Larger companyMarket capitalisation $9.26B $7.04B MSGS
Cheaper on earningsLower P/E, profitable companies only 1,197x 16.7x MGM
Cheaper on forward earningsLower price / next fiscal year consensus EPS — 18.3x –
Faster revenue growthRevenue growth, trailing twelve months +11.0% +3.2% MSGS
More profitableNet margin, trailing twelve months 0.7% 2.4% MGM
Better return on capitalReturn on invested capital — 10.6% –
Less leveragedLower net debt / EBITDA 2.9x 1.7x MGM
Higher dividend yieldTrailing dividend yield 0.00% 0.00% –
Better 1-year returnPrice return, last 12 months +68.6% -15.0% MSGS
Better 5-year returnAnnualised price return, 5 years +15.9%/yr -9.8%/yr MSGS
Less volatileAnnualised volatility, 1 year 29.7% 39.1% MSGS
Higher overall scoreMean of the five percentile scores vs peers 37/100 72/100 MGM

Percentile Scorecard

MSGSMGM

Each axis is the mean percentile of its metrics against the company's industry group. 100 is the best in the group, 50 the middle.

Scores by Axis

AxisMSGSMGM
Valuation 16 #37 of 44 98 #2 of 44
Growth 45 #24 of 43 52 #21 of 43
Profitability 45 #23 of 41 60 #17 of 41
Financial Health 41 #28 of 47 63 #18 of 47
Shareholder Returns – 86 #5 of 29
Overall 37 72
  • MSGS ranked among 48 companies in Gaming and Leisure
  • MGM ranked among 48 companies in Gaming and Leisure

Price Performance

Price return, split-adjusted, before dividends. Click a name to hide or show it.

Returns

PeriodMSGSMGMSPY
1 month -4.6%-14.1% -0.2%
3 months -3.2%-39.4% +3.9%
6 months +14.7%-29.6% +8.2%
Year to date +48.6%-23.3% +12.9%
1 year +68.6%-15.0% +12.3%
3 years +132.7%-18.3% +87.4%
3 years, per year +32.5%-6.5% +23.3%
5 years +108.8%-40.4% +67.9%
5 years, per year +15.9%-9.8% +10.9%
10 years +135.9%+7.7% +261.1%
10 years, per year +9.0%+0.7% +13.7%

Risk

MeasureMSGSMGMSPY
Volatility, 1Y 29.7%39.1% 12.7%
Downside volatility, 1Y 23.8%35.2% 12.7%
Beta vs S&P 500, 1Y 0.530.85 1.00
Return / volatility, 1Y 2.31-0.38 0.97
Max drawdown, 5Y -32.0%-49.3% -25.4%
From 52-week high -7.6%-44.8% -1.2%
52-week high $416.24$50.69 $779.14
52-week low $212.91$27.98 $631.97

Valuation History

Weekly multiples on trailing twelve-month fundamentals. Negative or extreme readings (a loss year, a collapsed denominator) are left out so the chart stays readable.

MultipleMSGSMGM
P/E now vs peer median 1,197xmedian 17.0x 16.7xmedian 17.0x
P/S now vs peer median 8.0xmedian 1.9x 0.4xmedian 1.9x
EV/EBITDA now vs peer median 291.8xmedian 10.8x 5.0xmedian 10.8x
P/FCF now vs peer median 151.1xmedian 11.2x 4.7xmedian 11.2x
P/B now vs peer median -35.2xmedian 2.4x 2.1xmedian 2.4x
PEG now vs peer median -26.31median 0.56 0.97median 0.56

Financial History

Reported figures by fiscal period, placed on the calendar year (or quarter) each period ended in, so companies with different fiscal years line up.

Trailing twelve monthsMSGSMGM
Revenue $1.15B $17.76B
Gross profit $320.12M $7.84B
Operating income $28.87M $1.02B
Net income $7.76M $595.10M
Free cash flow $61.26M $1.49B
EPS (diluted) $0.32 $1.65
Cash & equivalents $164.51M $2.55B
Total debt $1.10B $6.07B
Shares (diluted) 24.25M 257.76M
Enterprise value $8.86B -$1.14B

All Metrics

58 metrics · best in bold

Bold marks the best reading: the lowest positive value for multiples, leverage and payout, the highest for everything else. The bar under each value is its percentile against that company's own peers. Hover a value for its rank and the peer median.

Valuation

12 metrics
MetricMSGSMGM
P/E 1,197x 16.7x
P/FCF 151.1x 4.7x
P/Operating cash flow 147.7x 2.9x
P/S 8.0x 0.4x
P/B -35.2x 2.1x
P/Tangible book -25.2x 3.3x
EV/EBITDA 291.8x 5.0x
EV/EBIT 323.9x 10.4x
EV/Revenue 8.1x 0.6x
EV/FCF 152.7x 7.1x
EV/Operating cash flow 149.2x 4.3x
PEG (3Y EPS CAGR) -26.31 0.97

Growth

14 metrics
MetricMSGSMGM
Revenue growth (1Y) 11.0% 3.2%
Revenue CAGR (3Y) 9.1% 6.2%
Gross profit growth (1Y) 12.7% 1.4%
Gross profit CAGR (3Y) -1.9% 3.0%
Operating income growth (1Y) 94.9% -27.1%
Operating income CAGR (3Y) -30.3% 165.5%
Net income growth (1Y) 134.6% -28.0%
Net income CAGR (3Y) -45.2% 135.7%
EPS growth (1Y) 134.3% -15.6%
EPS CAGR (3Y) -45.5% 17.2%
Operating cash flow growth (1Y) -31.6% -2.7%
Operating cash flow CAGR (3Y) -25.7% 5.4%
Free cash flow growth (1Y) -30.4% 15.4%
Free cash flow CAGR (3Y) -26.0% 8.1%

Profitability

14 metrics
MetricMSGSMGM
Gross margin 27.7% 44.2%
EBITDA margin 2.8% 12.0%
Operating margin 2.5% 5.7%
Pretax margin 1.6% 2.8%
Net margin 0.7% 2.4%
FCF margin 5.3% 8.4%
Operating cash flow margin 5.4% 13.9%
Return on equity – 20.2%
Return on assets 0.5% 1.7%
Return on invested capital – 10.6%
Return on capital employed 3.3% 2.7%
Asset turnover 0.8x 0.4x
Cash conversion (OCF / net income) 8.1x 4.1x
Stock comp / revenue 1.9% 0.5%

Financial Health

11 metrics
MetricMSGSMGM
Debt / assets 16.8% 15.2%
Debt / equity -1.0x 1.8x
Net debt / EBITDA 2.9x 1.7x
Debt / FCF 4.2x 4.1x
Liabilities / assets 117.1% 91.5%
Equity / assets -17.1% 8.5%
Interest coverage 1.4x 2.5x
Current ratio 0.5x 1.3x
Quick ratio 0.4x 1.1x
Cash ratio 0.3x 0.8x
Altman Z-score 3.53 0.76

Shareholder Returns

7 metrics
MetricMSGSMGM
Dividend yield – –
Net buyback yield – 11.0%
Shareholder yield 0.0% 11.0%
Payout ratio (earnings) – –
Payout ratio (FCF) – –
Dividend growth (1Y) – –
Dividend CAGR (3Y) – –

Analyst Estimates

Solid lines are reported fiscal-year results; dashed lines are the consensus for the years ahead. Hover a year for the analysts' high and low, and how each result compared with its estimate.

ConsensusMSGSMGM
Forward P/E – 18.3xFY2026
EPS, next fiscal year $-1.03FY2027 $1.53FY2026
EPS growth, next FY -421.9%FY2027 -53.8%FY2026
EPS growth, the year after – +18.3%
Revenue, next fiscal year $1.06BFY2027 $18.44BFY2026
Revenue growth, next FY -7.9%FY2027 +5.1%FY2026
Revenue growth, the year after +1.5% +0.3%

Institutional Ownership

13F filings, quarter ended Jun 30, 2026
HoldersMSGSMGM
Held by institutions 81.3% 66.8%
Institutions holding 463 661
Change in shares held, QoQ +10.3% +0.0%
Institutions buying 247 305
Institutions selling 136 235
Buyers to sellers 1.82 1.30

Return Correlation

Daily returns, last 12 months

1.00 means two stocks move in lockstep, 0 that they move independently. Pairs below about 0.5 diversify each other.

MSGSMGM
MSGS 1.00 0.25
MGM 0.25 1.00

Add a Peer

Largest companies in the same industry

Related Comparisons

Frequently Asked Questions

Which is bigger, MSGS and MGM?

Madison Square Garden Sports (MSGS) is the largest by market capitalisation: Madison Square Garden Sports (MSGS) $9.26B, MGM Resorts International (MGM) $7.04B.

Which stock is cheaper, MSGS and MGM?

MGM Resorts International (MGM) trades on the lowest price-to-earnings ratio (Madison Square Garden Sports (MSGS) 1,197x, MGM Resorts International (MGM) 16.7x). A lower multiple can reflect slower expected growth, so read it next to the growth figures.

Which company is growing faster?

Madison Square Garden Sports (MSGS) grew revenue fastest over the trailing twelve months: Madison Square Garden Sports (MSGS) +11.0%, MGM Resorts International (MGM) +3.2%.

Which company is more profitable?

MGM Resorts International (MGM) has the highest net margin (Madison Square Garden Sports (MSGS) 0.7%, MGM Resorts International (MGM) 2.4%).

Which stock has performed better?

Over the past year Madison Square Garden Sports (MSGS) returned the most: Madison Square Garden Sports (MSGS) +68.6%, MGM Resorts International (MGM) -15.0%. Over five years, Madison Square Garden Sports (MSGS) compounded fastest (Madison Square Garden Sports (MSGS) +15.9%/yr, MGM Resorts International (MGM) -9.8%/yr). Returns are price only, before dividends.

Which stock is riskier?

By one-year price volatility, Madison Square Garden Sports (MSGS) has been the steadiest (Madison Square Garden Sports (MSGS) 29.7%, MGM Resorts International (MGM) 39.1%). Volatility measures how widely the price swings, not the risk of the business.

Do MSGS and MGM move together?

Their daily returns over the past year have a correlation of 0.25, a weak relationship. Holding both diversifies more than two closely linked stocks would.

Which is the better stock, MSGS and MGM?

There is no single answer; it depends on what you are buying for. On the 12 head-to-head measures on this page, Madison Square Garden Sports (MSGS) leads on 5. Business Quant does not give investment advice; use the comparison as a starting point for your own research.

Data from SEC filings, exchange prices and consensus estimates, via Business Quant. Percentile scores compare each company with its own peer group, so two companies' scores are each relative to different peers unless you rank against the whole market. Price returns exclude dividends. Nothing on this page is investment advice.