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| Date | Value |
|---|---|
| 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% |