Madison Square Garden Entertainment (MSGE) EBITDA Margin (2022 - 2026)
Madison Square Garden Entertainment (MSGE) posted EBITDA Margin of 4.4% for Q2 2026, down 167.32% on a QoQ basis from 6.54% in Q1 2026, and up 1231.0% year-over-year from 0.33% in Q2 2025.
Powered by 
Analysis
Madison Square Garden Entertainment (MSGE) EBITDA Margin (2022 - 2026) Analysis & Trends
Madison Square Garden Entertainment has reported EBITDA Margin for 5 years, with the latest figure at 4.4% in Q2 2026.
- On a quarterly basis, EBITDA Margin rose 1231.0% year-over-year to 4.4% in Q2 2026; TTM through Jun 2026 was 13.34%, a 39.0% increase from a year earlier, with the FY2026 full-year figure at 13.34%, up 39.0% from the prior year.
- EBITDA Margin was 4.4% for Q2 2026 at Madison Square Garden Entertainment, down from 6.54% in the prior quarter.
- The five-year high for EBITDA Margin was 35.62% in Q4 2025, with the low at 23.5% in Q3 2023.
- Average EBITDA Margin over 5 years is 4.13%, with a median of 1.72% recorded in 2022.
- The sharpest annual moves came in 2023 and 2026: EBITDA Margin sank 1578 bps in 2023, then jumped 1231 bps in 2026.
- Over 5 years, EBITDA Margin stood at 31.88% in 2022, then increased by 7 bps to 34.13% in 2023, then retreated by 0 bps to 34.12% in 2024, then grew by 4 bps to 35.62% in 2025, then plunged by 112 bps to 4.4% in 2026.
- The last three EBITDA Margin figures came in at 4.4% (Q2 2026), 6.54% (Q1 2026), and 35.62% (Q4 2025), per Business Quant data.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | EBITDA Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Live Nation Entertainment | 39.85 Bn | 30.78 Bn | 1.94 Bn | 8.39% |
| 2 | Liberty Media | 21.86 Bn | 20.23 Bn | 329.00 Mn | 9.42% |
| 3 | TKO Group Holdings | 14.58 Bn | 13.03 Bn | 990.96 Mn | 29.38% |
| 4 | Liberty Live Holdings | 8.69 Bn | 8.17 Bn | 30.26 Mn | -0.64% |
| 5 | Madison Square Garden Entertainment | 3.63 Bn | 3.34 Bn | 75.84 Mn | -4.40% |
| 6 | Emerald Holding | 997.46 Mn | 876.36 Mn | 99.50 Mn | 12.55% |
| 7 | TEN Holdings | 39.99 Mn | 34.06 Mn | 627,000.00 | -407.93% |
| 8 | Nip | 37.24 Mn | -10,346.86 Bn | - | - |
| 9 | Lingerie Fighting Championships | 128,025.52 | 108,697.52 | -1,246.00 | -279.56% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | -4.40% |
| Mar 31, 2026 | 6.54% |
| Dec 31, 2025 | 35.62% |
| Sep 30, 2025 | -18.79% |
| Jun 30, 2025 | -16.71% |
| Mar 31, 2025 | 11.27% |
| Dec 31, 2024 | 34.12% |
| Sep 30, 2024 | -13.32% |
| Jun 30, 2024 | -4.76% |
| Mar 31, 2024 | 7.36% |
| Dec 31, 2023 | 34.13% |
| Sep 30, 2023 | -23.50% |
| Jun 30, 2023 | -14.73% |
| Mar 31, 2023 | 12.26% |
| Dec 31, 2022 | 31.88% |
| Sep 30, 2022 | -7.72% |
| Jun 30, 2022 | -3.11% |
| Mar 31, 2022 | 8.16% |