Madison Square Garden Entertainment (MSGE) FCF Margin (2022 - 2026)
Madison Square Garden Entertainment (MSGE) reported FCF Margin of -10.55% for fiscal Q4 2026 (quarter ended Jun 30, 2026), up 9.61 percentage points from -20.16% a year earlier but down 81.17 percentage points from the prior quarter.
Madison Square Garden Entertainment (MSGE) FCF Margin (2022 - 2026) Analysis & Trends
For FY2026 (ended Jun 30, 2026), Madison Square Garden Entertainment posted FCF Margin of 30.46%, up 20.58 percentage points from FY2025.
- FCF Margin has a five-year change of +224.11 percentage points (FY2021 to FY2026).
- By fiscal year, FCF Margin came in at 9.87% in FY2025 (+0.79 pp), 9.08% in FY2024 (-5.07 pp), 14.15% in FY2023 (+1.98 pp) and 12.17% in FY2022 (+205.83 pp).
- Five-year quarterly FCF Margin spans a low of -42.46% in fiscal Q1 2023 and a high of 70.61% in fiscal Q3 2026.
- Year over year, FCF Margin has now increased in each of the last four quarters, with an average year-over-year change of +10.47 percentage points over the last eight quarters.
- The high point for year-over-year FCF Margin in five years was fiscal Q3 2026 (a gain of 48.41 percentage points); the low point was fiscal Q3 2024 (a drop of 30.97 percentage points).
- Per Business Quant data, the three fiscal quarters before Q4 2026 came in at 70.61% (Q3 2026), 33.93% (Q2 2026) and 8.75% (Q1 2026).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | FCF Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Live Nation Entertainment | 40.51 Bn | 9.58 Bn | 1.94 Bn | 1.69% |
| 2 | TKO Group Holdings | 34.58 Bn | 31.54 Bn | 990.96 Mn | 22.59% |
| 3 | Liberty Media | 19.43 Bn | 14.75 Bn | 329.00 Mn | 29.01% |
| 4 | Liberty Live Holdings | 8.93 Bn | 6.98 Bn | 30.26 Mn | 2.66% |
| 5 | Madison Square Garden Entertainment | 3.31 Bn | 2.50 Bn | 75.84 Mn | -10.55% |
| 6 | Amc Entertainment Holdings | 2.37 Bn | 456.31 Mn | 1.05 Bn | 11.91% |
| 7 | Emerald Holding | 997.46 Mn | 523.66 Mn | 99.50 Mn | 18.34% |
| 8 | Marcus | 882.04 Mn | 813.63 Mn | 106.56 Mn | 18.97% |
| 9 | Reading International | 41.78 Mn | 12.09 Mn | 14.10 Mn | 3.40% |
| 10 | Nip | 31.30 Mn | -28,742.19 Bn | - | - |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | -10.55% |
| Mar 31, 2026 | 70.61% |
| Dec 31, 2025 | 33.93% |
| Sep 30, 2025 | 8.75% |
| Jun 30, 2025 | -20.16% |
| Mar 31, 2025 | 22.21% |
| Dec 31, 2024 | 25.42% |
| Sep 30, 2024 | -23.98% |
| Jun 30, 2024 | -2.32% |
| Mar 31, 2024 | -1.14% |
| Dec 31, 2023 | 23.83% |
| Sep 30, 2023 | -1.38% |
| Jun 30, 2023 | 0.24% |
| Mar 31, 2023 | 29.83% |
| Dec 31, 2022 | 34.37% |
| Sep 30, 2022 | -42.46% |
| Jun 30, 2022 | 16.79% |
Madison Square Garden Entertainment FCF Margin API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=fcf-margin&ticker=MSGE&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "fcf-margin", "ticker": "MSGE", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()
const res = await fetch("https://data.businessquant.com/historic?slug=fcf-margin&ticker=MSGE&period=max&api_key=YOUR_API_KEY");
const data = await res.json();