Madison Square Garden Entertainment (MSGE) Operating Leases (2022 - 2026)
Madison Square Garden Entertainment (MSGE) reported Operating Leases of $560.1 million for fiscal Q4 2026 (quarter ended Jun 30, 2026), down 1.1% from $566.48 million a year earlier and down 0.9% from the prior quarter.
Madison Square Garden Entertainment (MSGE) Operating Leases (2022 - 2026) Analysis & Trends
Dating back to fiscal Q4 2022, Madison Square Garden Entertainment's Operating Leases record includes 15 quarters.
- Operating Leases has a four-year compound annual growth rate of 21.8% (FY2022 to FY2026).
- By fiscal year, Operating Leases came in at $566.48 million in FY2025 (+32.7%), $427.01 million in FY2024 (+94.1%), $219.96 million in FY2023 (-13.4%) and $254.11 million in FY2022.
- The fiscal Q4 2026 figure ranks as the lowest quarterly Operating Leases since fiscal Q2 2025.
- Year over year, Operating Leases gained in six of the last eight quarters, with growth averaging 39.1%.
- The high point for year-over-year Operating Leases in five years was fiscal Q1 2025 (growth of 111.8%); the low point was fiscal Q4 2023 (a decline of 13.4%).
- Per Business Quant data, the three fiscal quarters before Q4 2026 came in at $564.94 million (Q3 2026), $569.24 million (Q2 2026) and $570.77 million (Q1 2026).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Live Nation Entertainment | 40.51 Bn | 9.58 Bn | 1.94 Bn |
| 2 | TKO Group Holdings | 34.58 Bn | 31.54 Bn | 990.96 Mn |
| 3 | Liberty Media | 19.43 Bn | 14.75 Bn | 329.00 Mn |
| 4 | Liberty Live Holdings | 8.93 Bn | 6.98 Bn | 30.26 Mn |
| 5 | Madison Square Garden Entertainment | 3.31 Bn | 2.50 Bn | 75.84 Mn |
| 6 | Amc Entertainment Holdings | 2.37 Bn | 456.31 Mn | 1.05 Bn |
| 7 | Emerald Holding | 997.46 Mn | 523.66 Mn | 99.50 Mn |
| 8 | Marcus | 882.04 Mn | 813.63 Mn | 106.56 Mn |
| 9 | Reading International | 41.78 Mn | 12.09 Mn | 14.10 Mn |
| 10 | Nip | 31.30 Mn | -28,742.19 Bn | - |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 560.10 Mn |
| Mar 31, 2026 | 564.94 Mn |
| Dec 31, 2025 | 569.24 Mn |
| Sep 30, 2025 | 570.77 Mn |
| Jun 30, 2025 | 566.48 Mn |
| Mar 31, 2025 | 569.76 Mn |
| Dec 31, 2024 | 453.16 Mn |
| Sep 30, 2024 | 451.07 Mn |
| Jun 30, 2024 | 427.01 Mn |
| Mar 31, 2024 | 330.90 Mn |
| Dec 31, 2023 | 310.95 Mn |
| Sep 30, 2023 | 213.02 Mn |
| Jun 30, 2023 | 219.96 Mn |
| Mar 31, 2023 | 229.50 Mn |
| Jun 30, 2022 | 254.11 Mn |
Madison Square Garden Entertainment Operating Leases 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=operating-leases&ticker=MSGE&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "operating-leases", "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=operating-leases&ticker=MSGE&period=max&api_key=YOUR_API_KEY");
const data = await res.json();