Madison Square Garden Entertainment (MSGE) Tax Rate (2022 - 2026)

Madison Square Garden Entertainment's (MSGE) quarterly Tax Rate came in at 37.87% in Q1 2026, down 956.0% year-on-year from 4.42% in Q1 2025, and down 4.39% quarter-over-quarter from 39.61% in Q4 2025.

Madison Square Garden Entertainment (MSGE) Tax Rate (2022 - 2026) Analysis & Trends

Madison Square Garden Entertainment's Tax Rate history runs 5 years deep, the most recent figure standing at 37.87% for Q1 2026.

  • On a quarterly basis, Tax Rate fell 956.0% year-over-year to 37.87% in Q1 2026; TTM through Mar 2026 was 38.11%, a 9803.0% increase from a year earlier, with the FY2025 full-year figure at 42.91%, up 21886.0% from the prior year.
  • Tax Rate slipped to 37.87% in Q1 2026 per MSGE's latest filing, from 39.61% in the prior quarter.
  • Across five years, Tax Rate topped out at 362.68% in Q2 2024 and bottomed at 3.92% in Q2 2023.
  • The 5-year median for Tax Rate is 22.86% (2025), against an average of 41.38%.
  • Across the five-year window, Tax Rate surged 36660 bps in 2024 and tumbled 32712 bps in 2025, its largest moves.
  • Year by year, Tax Rate stood at 2.8% in 2022, then sank by 70 bps to 0.83% in 2023, then soared by 4629 bps to 39.46% in 2024, then climbed by 0 bps to 39.61% in 2025, then decreased by 4 bps to 37.87% in 2026.
  • Per Business Quant, the three latest MSGE Tax Rate figures stand at 37.87% (Q1 2026), 39.61% (Q4 2025), and 46.43% (Q3 2025).

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Tax Rate (Qtr)
1 Netflix 286.85 Bn 277.73 Bn 6.52 Bn 16.40%
2 Walt Disney 176.45 Bn 177.38 Bn 10.75 Bn 26.79%
3 Warner Bros. Discovery 71.03 Bn 68.89 Bn 4.25 Bn 6.86%
4 Live Nation Entertainment 40.94 Bn 32.48 Bn 1.31 Bn 7.79%
5 Liberty Media 29.72 Bn 29.06 Bn 298.00 Mn 8.62%
6 Roku 20.90 Bn 18.52 Bn 564.94 Mn 3.32%
7 TKO Group Holdings 20.86 Bn 19.17 Bn 862.52 Mn 12.05%
8 Fox 20.85 Bn 17.36 Bn - 25.85%
9 News 16.48 Bn 15.01 Bn - 35.98%
10 Madison Square Garden Entertainment 3.63 Bn 3.30 Bn 99.47 Mn 37.87%

Historic Data

Download Data
DateValue
Mar 31, 2026 37.87%
Mar 31, 2026 37.87%
Mar 31, 2026 37.87%
Dec 31, 2025 39.61%
Dec 31, 2025 39.61%
Dec 31, 2025 39.61%
Sep 30, 2025 46.43%
Sep 30, 2025 46.43%
Sep 30, 2025 46.43%
Jun 30, 2025 35.56%
Jun 30, 2025 35.56%
Jun 30, 2025 35.56%
Mar 31, 2025 47.44%
Mar 31, 2025 47.44%
Mar 31, 2025 47.44%
Dec 31, 2024 39.46%
Dec 31, 2024 39.46%
Dec 31, 2024 39.46%
Sep 30, 2024 41.31%
Sep 30, 2024 41.31%