Madison Square Garden Entertainment (MSGE) Tax Rate (2022 - 2026)
Madison Square Garden Entertainment (MSGE) posted quarterly Tax Rate of 37.87% for Q1 2026, down 956.0% year-over-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.
- 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 for Q1 2026 stood at 37.87%, down from 39.61% in the prior quarter.
- The five-year high for Tax Rate was 362.68% in Q2 2024, with the low at 3.92% in Q2 2023.
- The 5-year median for Tax Rate is 22.86% (2025), against an average of 41.38%.
- The sharpest annual moves came in 2024 and 2025: Tax Rate surged 36660 bps in 2024, then slumped 32712 bps in 2025.
- Madison Square Garden Entertainment's Tax Rate stood at 2.8% in 2022, then slumped by 70 bps to 0.83% in 2023, then surged by 4629 bps to 39.46% in 2024, then advanced by 0 bps to 39.61% in 2025, then retreated by 4 bps to 37.87% in 2026.
- Business Quant data shows MSGE's Tax Rate at 37.87% in Q1 2026, 39.61% in Q4 2025, and 46.43% in Q3 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Tax Rate (Qtr) |
|---|---|---|---|---|---|
| 1 | Netflix | 325.80 Bn | 316.67 Bn | 6.52 Bn | 16.40% |
| 2 | Walt Disney | 180.88 Bn | 175.70 Bn | 11.57 Bn | 21.98% |
| 3 | Warner Bros. Discovery | 71.60 Bn | 68.23 Bn | 4.10 Bn | 159.78% |
| 4 | Live Nation Entertainment | 41.97 Bn | 32.90 Bn | 1.94 Bn | 22.31% |
| 5 | Fox | 26.42 Bn | 22.22 Bn | - | 24.43% |
| 6 | Liberty Media | 23.42 Bn | 21.96 Bn | 329.00 Mn | 75.76% |
| 7 | Roku | 23.35 Bn | 20.80 Bn | 673.70 Mn | 3.07% |
| 8 | News | 18.65 Bn | 16.55 Bn | - | 17.27% |
| 9 | TKO Group Holdings | 14.38 Bn | 12.83 Bn | 990.96 Mn | 14.72% |
| 10 | Madison Square Garden Entertainment | 3.89 Bn | 3.59 Bn | 75.84 Mn | 30.48% |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 30.48% |
| Jun 30, 2026 | 30.48% |
| Jun 30, 2026 | 30.48% |
| 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% |