Madison Square Garden Entertainment (MSGE) Return on Capital Employed (2023 - 2026)
Madison Square Garden Entertainment's (MSGE) quarterly Return on Capital Employed came in at 10.94% in Q1 2026, down 140.0% year-on-year from 27.35% in Q1 2025, and down 8.6% quarter-over-quarter from 11.97% in Q4 2025.
Madison Square Garden Entertainment (MSGE) Return on Capital Employed (2023 - 2026) Analysis & Trends
Madison Square Garden Entertainment's Return on Capital Employed history runs 4 years deep, the most recent figure standing at 10.94% for Q1 2026.
- On a quarterly basis, Return on Capital Employed fell 140.0% year-over-year to 10.94% in Q1 2026; TTM through Mar 2026 was 10.94%, a 140.0% decrease from a year earlier, with the FY2025 full-year figure at 11.01%, down 52.0% from the prior year.
- Return on Capital Employed declined to 10.94% in Q1 2026 per MSGE's latest filing, from 11.97% in the prior quarter.
- Across five years, Return on Capital Employed topped out at 12.63% in Q4 2023 and bottomed at 9.83% in Q3 2025.
- The 4-year median for Return on Capital Employed is 11.23% (2023), against an average of 11.32%.
- Across the five-year window, Return on Capital Employed soared 120 bps in 2024 and sank 213 bps in 2025, its largest moves.
- Year by year, Return on Capital Employed stood at 12.63% in 2023, then decreased by 7 bps to 11.7% in 2024, then grew by 2 bps to 11.97% in 2025, then declined by 9 bps to 10.94% in 2026.
- Per Business Quant, the three latest MSGE Return on Capital Employed figures stand at 10.94% (Q1 2026), 11.97% (Q4 2025), and 9.83% (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | ROCE (Qtr) |
|---|---|---|---|---|---|
| 1 | Netflix | 286.85 Bn | 277.73 Bn | 6.52 Bn | 30.16% |
| 2 | Walt Disney | 176.45 Bn | 177.38 Bn | 10.75 Bn | 13.42% |
| 3 | Warner Bros. Discovery | 71.03 Bn | 68.89 Bn | 4.25 Bn | -2.04% |
| 4 | Live Nation Entertainment | 40.94 Bn | 32.48 Bn | 1.31 Bn | 8.44% |
| 5 | Liberty Media | 29.72 Bn | 29.06 Bn | 298.00 Mn | 4.99% |
| 6 | Roku | 20.90 Bn | 18.52 Bn | 564.94 Mn | 3.21% |
| 7 | TKO Group Holdings | 20.86 Bn | 19.17 Bn | 862.52 Mn | 5.95% |
| 8 | Fox | 20.85 Bn | 17.36 Bn | - | 14.30% |
| 9 | News | 16.48 Bn | 15.01 Bn | - | 7.85% |
| 10 | Madison Square Garden Entertainment | 3.63 Bn | 3.30 Bn | 99.47 Mn | 10.94% |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 10.94% |
| Dec 31, 2025 | 11.97% |
| Sep 30, 2025 | 9.83% |
| Jun 30, 2025 | 10.16% |
| Mar 31, 2025 | 12.34% |
| Dec 31, 2024 | 11.70% |
| Sep 30, 2024 | 11.97% |
| Jun 30, 2024 | 11.20% |
| Mar 31, 2024 | 11.14% |
| Dec 31, 2023 | 12.63% |
| Sep 30, 2023 | 10.76% |
| Jun 30, 2023 | 11.26% |