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

Madison Square Garden Entertainment (MSGE) recorded quarterly Tax Rate of 37.87% in Q1 2026, down 4.39% quarter-over-quarter from 39.61% in Q4 2025, and down 956.0% on a YoY basis from 4.42% in Q1 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.

  • In Q1 2026, Tax Rate fell 956.0% year-over-year to 37.87%; the TTM figure through Mar 2026 stood at 38.11% (up 9803.0% YoY), while the FY2025 annual figure was 42.91%, up 21886.0% from the prior year.
  • Tax Rate was 37.87% for Q1 2026 at Madison Square Garden Entertainment, down from 39.61% in the prior quarter.
  • In the past five years, Tax Rate ranged from a high of 362.68% in Q2 2024 to a low of 3.92% in Q2 2023.
  • Historically, Tax Rate has averaged 41.38% across 5 years, with a median of 22.86% in 2025.
  • The sharpest annual moves came in 2024 and 2025: Tax Rate soared 36660 bps in 2024, then tumbled 32712 bps in 2025.
  • A 5-year view of Tax Rate shows it stood at 2.8% in 2022, then tumbled 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.
  • The last three Tax Rate figures came in at 37.87% (Q1 2026), 39.61% (Q4 2025), and 46.43% (Q3 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Tax Rate (Qtr)
1 Netflix 327.69 Bn 315.40 Bn 11.41 Bn 19.31
2 Walt Disney 184.70 Bn 191.31 Bn 23.68 Bn 26.79
3 Warner Bros. Discovery 65.23 Bn 63.09 Bn 4.25 Bn 6.86
4 Brera Holdings 53.07 Bn 53.07 Bn - -
5 Live Nation Entertainment 39.71 Bn 31.25 Bn 1.31 Bn 7.79
6 Liberty Media 21.13 Bn 21.80 Bn 298.00 Mn 8.62
7 Fox 20.41 Bn 16.92 Bn - 25.85
8 Roku 20.39 Bn 18.01 Bn 564.94 Mn 3.27
9 News 15.92 Bn 14.45 Bn - 35.98
10 Madison Square Garden Entertainment 3.49 Bn 3.17 Bn 99.47 Mn 37.87

Historic Data

Download Data
DateValue
Mar 31, 2026 37.87%
Mar 31, 2026 37.87%
Dec 31, 2025 39.61%
Dec 31, 2025 39.61%
Sep 30, 2025 46.43%
Sep 30, 2025 46.43%
Jun 30, 2025 35.56%
Jun 30, 2025 35.56%
Mar 31, 2025 47.44%
Mar 31, 2025 47.44%
Dec 31, 2024 39.46%
Dec 31, 2024 39.46%
Sep 30, 2024 41.31%
Sep 30, 2024 41.31%
Jun 30, 2024 362.68%
Jun 30, 2024 362.68%
Mar 31, 2024 0.07%
Mar 31, 2024 0.07%
Dec 31, 2023 0.83%
Dec 31, 2023 0.83%