Madison Square Garden Entertainment (MSGE) EBT Margin (2022 - 2026)
Madison Square Garden Entertainment's (MSGE) quarterly EBT Margin came in at 3.34% in Q1 2026, down 297.0% year-on-year from 1.7% in Q1 2025, and down 90.76% quarter-over-quarter from 36.14% in Q4 2025.
Madison Square Garden Entertainment (MSGE) EBT Margin (2022 - 2026) Analysis & Trends
Madison Square Garden Entertainment's EBT Margin history runs 5 years deep, the most recent figure standing at 3.34% for Q1 2026.
- On a quarterly basis, EBT Margin fell 297.0% year-over-year to 3.34% in Q1 2026; TTM through Mar 2026 was 8.05%, a 78.0% decrease from a year earlier, with the FY2025 full-year figure at 6.95%, up 105.0% from the prior year.
- EBT Margin fell to 3.34% in Q1 2026 per MSGE's latest filing, from 36.14% in the prior quarter.
- Across five years, EBT Margin topped out at 36.14% in Q4 2025 and bottomed at 68.98% in Q2 2022.
- The 5-year median for EBT Margin is 2.14% (2022), against an average of 5.39%.
- Biggest YoY gain for EBT Margin was 3808 bps in 2023; the steepest drop was 2284 bps in 2023.
- Year by year, EBT Margin stood at 28.07% in 2022, then grew by 19 bps to 33.5% in 2023, then dropped by 1 bps to 33.2% in 2024, then gained by 9 bps to 36.14% in 2025, then slumped by 91 bps to 3.34% in 2026.
- Per Business Quant, the three latest MSGE EBT Margin figures stand at 3.34% (Q1 2026), 36.14% (Q4 2025), and 25.54% (Q3 2025).
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | EBT Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Netflix | 286.85 Bn | 277.73 Bn | 6.52 Bn | 32.39% |
| 2 | Walt Disney | 176.45 Bn | 177.38 Bn | 10.75 Bn | 13.38% |
| 3 | Warner Bros. Discovery | 71.03 Bn | 68.89 Bn | 4.25 Bn | -35.08% |
| 4 | Live Nation Entertainment | 40.94 Bn | 32.48 Bn | 1.31 Bn | -10.86% |
| 5 | Liberty Media | 29.72 Bn | 29.06 Bn | 298.00 Mn | 8.16% |
| 6 | Roku | 20.90 Bn | 18.52 Bn | 564.94 Mn | 7.10% |
| 7 | TKO Group Holdings | 20.86 Bn | 19.17 Bn | 862.52 Mn | 17.67% |
| 8 | Fox | 20.85 Bn | 17.36 Bn | - | 5.91% |
| 9 | News | 16.48 Bn | 15.01 Bn | - | 8.65% |
| 10 | Madison Square Garden Entertainment | 3.63 Bn | 3.30 Bn | 99.47 Mn | 3.34% |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 3.34% |
| Dec 31, 2025 | 36.14% |
| Sep 30, 2025 | -25.54% |
| Jun 30, 2025 | -27.36% |
| Mar 31, 2025 | 6.31% |
| Dec 31, 2024 | 33.20% |
| Sep 30, 2024 | -24.56% |
| Jun 30, 2024 | -14.35% |
| Mar 31, 2024 | 1.46% |
| Dec 31, 2023 | 33.50% |
| Sep 30, 2023 | -36.73% |
| Jun 30, 2023 | -30.89% |
| Mar 31, 2023 | 10.83% |
| Dec 31, 2022 | 28.07% |
| Sep 30, 2022 | -13.89% |
| Jun 30, 2022 | -68.98% |
| Mar 31, 2022 | -2.14% |