Madison Square Garden Entertainment (MSGE) Tax Rate (2022 - 2026)
Madison Square Garden Entertainment (MSGE) posted Tax Rate of 30.48% for Q2 2026, down 19.53% on a QoQ basis from 37.87% in Q1 2026, and down 508.0% year-over-year from 7.47% in Q2 2025.
Analysis
Madison Square Garden Entertainment (MSGE) Tax Rate (2022 - 2026) Analysis & Trends
Madison Square Garden Entertainment has reported Tax Rate for 5 years, with the latest figure at 30.48% in Q2 2026.
- On a quarterly basis, Tax Rate fell 508.0% year-over-year to 30.48% in Q2 2026; TTM through Jun 2026 was 38.13%, a 478.0% decrease from a year earlier, with the FY2026 full-year figure at 38.13%, down 478.0% from the prior year.
- Tax Rate was 30.48% for Q2 2026 at Madison Square Garden Entertainment, down from 37.87% 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.
- Average Tax Rate over 5 years is 40.73%, with a median of 30.48% recorded in 2026.
- The sharpest annual moves came in 2024 and 2025: Tax Rate jumped 36660 bps in 2024, then slumped 32712 bps in 2025.
- Over 5 years, Tax Rate stood at 2.8% in 2022, then slumped by 70 bps to 0.83% in 2023, then jumped by 4629 bps to 39.46% in 2024, then grew by 0 bps to 39.61% in 2025, then slipped by 23 bps to 30.48% in 2026.
- The last three Tax Rate figures came in at 30.48% (Q2 2026), 37.87% (Q1 2026), and 39.61% (Q4 2025), per Business Quant data.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Tax Rate (Qtr) |
|---|---|---|---|---|---|
| 1 | Live Nation Entertainment | 39.85 Bn | 30.78 Bn | 1.94 Bn | 22.31% |
| 2 | Liberty Media | 21.86 Bn | 20.23 Bn | 329.00 Mn | 75.76% |
| 3 | TKO Group Holdings | 14.58 Bn | 13.03 Bn | 990.96 Mn | 14.72% |
| 4 | Liberty Live Holdings | 8.69 Bn | 8.17 Bn | 30.26 Mn | 21.62% |
| 5 | Madison Square Garden Entertainment | 3.63 Bn | 3.34 Bn | 75.84 Mn | 30.48% |
| 6 | Emerald Holding | 997.46 Mn | 876.36 Mn | 99.50 Mn | 30.77% |
| 7 | TEN Holdings | 39.99 Mn | 34.06 Mn | 627,000.00 | - |
| 8 | Nip | 37.24 Mn | -10,346.86 Bn | - | - |
| 9 | Lingerie Fighting Championships | 128,025.52 | 108,697.52 | -1,246.00 | - |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 30.48% |
| Mar 31, 2026 | 37.87% |
| Dec 31, 2025 | 39.61% |
| Sep 30, 2025 | 46.43% |
| Jun 30, 2025 | 35.56% |
| Mar 31, 2025 | 47.44% |
| Dec 31, 2024 | 39.46% |
| Sep 30, 2024 | 41.31% |
| Jun 30, 2024 | 362.68% |
| Mar 31, 2024 | 0.07% |
| Dec 31, 2023 | 0.83% |
| Sep 30, 2023 | 1.28% |
| Jun 30, 2023 | -3.92% |
| Mar 31, 2023 | 0.33% |
| Dec 31, 2022 | 2.80% |
| Sep 30, 2022 | 10.16% |
| Jun 30, 2022 | 0.09% |