Madison Square Garden Entertainment (MSGE) Tax Rate (2022 - 2026)
Madison Square Garden Entertainment's Tax Rate was 30.48% in fiscal Q4 2026 (quarter ended Jun 30, 2026), down 5.08 percentage points from 35.56% a year earlier and down 7.40 percentage points from the prior quarter.
Madison Square Garden Entertainment (MSGE) Tax Rate (2022 - 2026) Analysis & Trends
For FY2026 (ended Jun 30, 2026), Tax Rate at Madison Square Garden Entertainment came in at 38.13%, down 4.78 percentage points from FY2025.
- Tax Rate shows a five-year change of +40.63 percentage points (FY2021 to FY2026).
- In earlier fiscal years, Tax Rate was 42.91% in FY2025 (+218.86 pp), -175.96% in FY2024 (-178.18 pp), 2.22% in FY2023 (+2.17 pp) and 0.05% in FY2022 (+2.55 pp).
- The fiscal Q4 2026 figure marks the lowest quarterly Tax Rate since fiscal Q3 2024.
- Compared with a year earlier, Tax Rate was higher in five of the last eight quarters, with an average year-over-year change of -26.31 percentage points.
- The best year-over-year quarter for Tax Rate over five years was fiscal Q4 2024 (a gain of 366.60 percentage points); the worst was fiscal Q4 2025 (a drop of 327.12 percentage points).
- Per Business Quant data, MSGE's Tax Rate in the three fiscal quarters before Q4 2026 was 37.87% (Q3 2026), 39.61% (Q2 2026) and 46.43% (Q1 2026).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Tax Rate (Qtr) |
|---|---|---|---|---|---|
| 1 | Live Nation Entertainment | 40.51 Bn | 9.58 Bn | 1.94 Bn | 22.31% |
| 2 | TKO Group Holdings | 34.58 Bn | 31.54 Bn | 990.96 Mn | 14.72% |
| 3 | Liberty Media | 19.43 Bn | 14.75 Bn | 329.00 Mn | 75.76% |
| 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 | 30.77% |
| 8 | Marcus | 882.04 Mn | 813.63 Mn | 106.56 Mn | 33.96% |
| 9 | Reading International | 41.78 Mn | 12.09 Mn | 14.10 Mn | 39.28% |
| 10 | Nip | 31.30 Mn | -28,742.19 Bn | - | - |
Historic Data
| Date | Value |
|---|---|
| Mar 31, 2026 | 37.87% |
| Dec 31, 2025 | 39.61% |
| Mar 31, 2025 | 47.44% |
| Dec 31, 2024 | 39.46% |
| Mar 31, 2024 | 0.07% |
| Dec 31, 2023 | 0.83% |
| Mar 31, 2023 | 0.33% |
| Dec 31, 2022 | 2.80% |
Madison Square Garden Entertainment Tax Rate 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=tax-rate&ticker=MSGE&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "tax-rate", "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=tax-rate&ticker=MSGE&period=max&api_key=YOUR_API_KEY");
const data = await res.json();