Madison Square Garden Entertainment (MSGE) EBITDA Margin (2022 - 2026)

Madison Square Garden Entertainment (MSGE) recorded quarterly EBITDA Margin of 6.54% in Q1 2026, down 81.64% quarter-over-quarter from 35.62% in Q4 2025, and down 673.0% on a YoY basis from 1.14% in Q1 2025.

Madison Square Garden Entertainment (MSGE) EBITDA Margin (2022 - 2026) Analysis & Trends

Madison Square Garden Entertainment's EBITDA Margin history runs 5 years deep, the most recent figure standing at 6.54% for Q1 2026.

  • In Q1 2026, EBITDA Margin fell 673.0% year-over-year to 6.54%; the TTM figure through Mar 2026 stood at 12.37% (down 191.0% YoY), while the FY2025 annual figure was 14.15%, up 248.0% from the prior year.
  • EBITDA Margin was 6.54% for Q1 2026 at Madison Square Garden Entertainment, down from 35.62% in the prior quarter.
  • In the past five years, EBITDA Margin ranged from a high of 36.81% in Q4 2024 to a low of 28.57% in Q2 2023.
  • Historically, EBITDA Margin has averaged 4.03% across 5 years, with a median of 6.54% in 2026.
  • The sharpest annual moves came in 2023 and 2024: EBITDA Margin slumped 2340 bps in 2023, then jumped 2504 bps in 2024.
  • A 5-year view of EBITDA Margin shows it stood at 31.88% in 2022, then grew by 7 bps to 34.13% in 2023, then gained by 8 bps to 36.81% in 2024, then decreased by 3 bps to 35.62% in 2025, then plunged by 82 bps to 6.54% in 2026.
  • The last three EBITDA Margin figures came in at 6.54% (Q1 2026), 35.62% (Q4 2025), and 19.29% (Q3 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) EBITDA Margin (Qtr)
1 Netflix 327.69 Bn 315.40 Bn 11.41 Bn 32.30%
2 Walt Disney 184.70 Bn 191.31 Bn 23.68 Bn 9.16%
3 Warner Bros. Discovery 65.23 Bn 63.09 Bn 4.25 Bn -27.76%
4 Brera Holdings 53.07 Bn 53.07 Bn - -
5 Live Nation Entertainment 39.71 Bn 31.25 Bn 1.31 Bn -7.14%
6 Liberty Media 21.13 Bn 21.80 Bn 298.00 Mn 9.00%
7 Fox 20.41 Bn 16.92 Bn - 5.91%
8 Roku 20.39 Bn 18.01 Bn 564.94 Mn 4.15%
9 News 15.92 Bn 14.45 Bn - 8.65%
10 Madison Square Garden Entertainment 3.49 Bn 3.17 Bn 99.47 Mn 6.54%

Historic Data

Download Data
DateValue
Mar 31, 2026 6.54%
Dec 31, 2025 35.62%
Sep 30, 2025 -19.29%
Jun 30, 2025 -17.75%
Mar 31, 2025 13.26%
Dec 31, 2024 36.81%
Sep 30, 2024 -13.32%
Jun 30, 2024 -3.53%
Mar 31, 2024 8.77%
Dec 31, 2023 34.13%
Sep 30, 2023 -23.50%
Jun 30, 2023 -28.57%
Mar 31, 2023 12.26%
Dec 31, 2022 31.88%
Sep 30, 2022 -7.72%
Jun 30, 2022 -5.18%
Mar 31, 2022 8.16%