Madison Square Garden Entertainment (MSGE) Return on Invested Capital [ROIC] (2023 - 2026)
Madison Square Garden Entertainment (MSGE) recorded Return on Invested Capital [ROIC] of 14.10% in fiscal Q4 2026 (quarter ended Jun 30, 2026), up 2.49 percentage points from 11.60% a year earlier and up 1.75 percentage points from the prior quarter.
Powered by 
Analysis
Madison Square Garden Entertainment (MSGE) Return on Invested Capital [ROIC] (2023 - 2026) Analysis & Trends
For FY2026 (ended Jun 30, 2026), Madison Square Garden Entertainment reported Return on Invested Capital [ROIC] of 14.56%, up 2.73 percentage points from FY2025.
- Annual Return on Invested Capital [ROIC] has a three-year change of -1.09 percentage points (FY2023 to FY2026).
- Across earlier fiscal years, Return on Invested Capital [ROIC] came in at 11.83% in FY2025 (-7.31 pp), 19.15% in FY2024 (+3.49 pp) and 15.65% in FY2023.
- The fiscal Q4 2026 figure is the highest quarterly Return on Invested Capital [ROIC] since fiscal Q3 2025.
- On a year-over-year basis, Return on Invested Capital [ROIC] rose in three of the last eight quarters, with an average year-over-year change of -2.72 percentage points.
- Peak year-over-year performance for Return on Invested Capital [ROIC] in the last five years was a gain of 6.39 percentage points in fiscal Q1 2025, against a drop of 10.16 percentage points in fiscal Q3 2026 at the low end.
- Per Business Quant, the preceding three fiscal quarters came in at 12.35% (Q3 2026), 13.99% (Q2 2026) and 11.83% (Q1 2026).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | ROIC (Qtr) |
|---|---|---|---|---|---|
| 1 | Live Nation Entertainment | 39.78 Bn | 8.85 Bn | 1.94 Bn | 4.74% |
| 2 | TKO Group Holdings | 33.44 Bn | 30.40 Bn | 990.96 Mn | 6.70% |
| 3 | Liberty Media | 18.71 Bn | 14.03 Bn | 329.00 Mn | 2.95% |
| 4 | Liberty Live Holdings | 8.81 Bn | 6.86 Bn | 30.26 Mn | -2.57% |
| 5 | Cinemark Holdings | 4.18 Bn | 797.64 Mn | - | 8.12% |
| 6 | Madison Square Garden Entertainment | 3.23 Bn | 2.43 Bn | 75.84 Mn | 14.10% |
| 7 | Amc Entertainment Holdings | 1.99 Bn | 80.86 Mn | 1.05 Bn | 10.29% |
| 8 | Emerald Holding | 997.46 Mn | 523.66 Mn | 99.50 Mn | -1.57% |
| 9 | Marcus | 831.33 Mn | 762.92 Mn | 106.56 Mn | 5.03% |
| 10 | Reading International | 41.78 Mn | 12.09 Mn | 14.10 Mn | 1.42% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 14.10% |
| Mar 31, 2026 | 12.35% |
| Dec 31, 2025 | 13.99% |
| Sep 30, 2025 | 11.83% |
| Jun 30, 2025 | 11.60% |
| Mar 31, 2025 | 22.51% |
| Dec 31, 2024 | 20.75% |
| Sep 30, 2024 | 20.96% |
| Jun 30, 2024 | 20.05% |
| Mar 31, 2024 | 18.50% |
| Dec 31, 2023 | 20.88% |
| Sep 30, 2023 | 14.57% |
| Jun 30, 2023 | 15.53% |
API Access
Madison Square Garden Entertainment Return on Invested Capital [ROIC] 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=return-on-invested-capital-%5Broic%5D&ticker=MSGE&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "return-on-invested-capital-[roic]", "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=return-on-invested-capital-%5Broic%5D&ticker=MSGE&period=max&api_key=YOUR_API_KEY");
const data = await res.json();