Madison Square Garden Entertainment (MSGE) Net Margin (2022 - 2026)
Madison Square Garden Entertainment (MSGE) reported Net Margin of -5.09% for fiscal Q4 2026 (quarter ended Jun 30, 2026), up 12.55 percentage points from -17.63% a year earlier but down 7.16 percentage points from the prior quarter.
Madison Square Garden Entertainment (MSGE) Net Margin (2022 - 2026) Analysis & Trends
For FY2026 (ended Jun 30, 2026), Madison Square Garden Entertainment posted Net Margin of 6.24%, up 2.27 percentage points from FY2025.
- Net Margin has a five-year change of +273.45 percentage points (FY2021 to FY2026).
- By fiscal year, Net Margin came in at 3.97% in FY2025 (-11.07 pp), 15.04% in FY2024 (+6.05 pp), 9.00% in FY2023 (+29.40 pp) and -20.40% in FY2022 (+246.81 pp).
- Five-year quarterly Net Margin spans a low of -40.04% in fiscal Q4 2022 and a high of 35.97% in fiscal Q4 2024.
- Year over year, Net Margin gained in five of the last eight quarters, with an average year-over-year change of -3.65 percentage points.
- The high point for year-over-year Net Margin in five years was fiscal Q4 2024 (a gain of 52.52 percentage points); the low point was fiscal Q4 2025 (a drop of 53.60 percentage points).
- Per Business Quant data, the three fiscal quarters before Q4 2026 came in at 2.08% (Q3 2026), 20.16% (Q2 2026) and -13.68% (Q1 2026).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Net Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Live Nation Entertainment | 40.51 Bn | 9.58 Bn | 1.94 Bn | 3.34% |
| 2 | TKO Group Holdings | 34.58 Bn | 31.54 Bn | 990.96 Mn | 6.57% |
| 3 | Liberty Media | 19.43 Bn | 14.75 Bn | 329.00 Mn | 0.54% |
| 4 | Liberty Live Holdings | 8.93 Bn | 6.98 Bn | 30.26 Mn | -182.69% |
| 5 | Madison Square Garden Entertainment | 3.31 Bn | 2.50 Bn | 75.84 Mn | -5.09% |
| 6 | Amc Entertainment Holdings | 2.37 Bn | 456.31 Mn | 1.05 Bn | -0.71% |
| 7 | Emerald Holding | 997.46 Mn | 523.66 Mn | 99.50 Mn | 4.63% |
| 8 | Marcus | 882.04 Mn | 813.63 Mn | 106.56 Mn | 6.84% |
| 9 | Reading International | 41.78 Mn | 12.09 Mn | 14.10 Mn | 3.39% |
| 10 | Nip | 31.30 Mn | -28,742.19 Bn | - | - |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | -5.09% |
| Mar 31, 2026 | 2.08% |
| Dec 31, 2025 | 20.16% |
| Sep 30, 2025 | -13.68% |
| Jun 30, 2025 | -17.63% |
| Mar 31, 2025 | 3.31% |
| Dec 31, 2024 | 18.63% |
| Sep 30, 2024 | -13.93% |
| Jun 30, 2024 | 35.97% |
| Mar 31, 2024 | 1.22% |
| Dec 31, 2023 | 31.10% |
| Sep 30, 2023 | -35.63% |
| Jun 30, 2023 | -16.55% |
| Mar 31, 2023 | 10.79% |
| Dec 31, 2022 | 27.33% |
| Sep 30, 2022 | -12.22% |
| Jun 30, 2022 | -40.04% |
| Mar 31, 2022 | -2.03% |
Madison Square Garden Entertainment Net 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=net-margin&ticker=MSGE&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "net-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=net-margin&ticker=MSGE&period=max&api_key=YOUR_API_KEY");
const data = await res.json();