Madison Square Garden Sports (MSGS) Debt Ratio (2017 - 2026)
Madison Square Garden Sports' Debt Ratio was 0.17 in fiscal Q4 2026 (quarter ended Jun 30, 2026), down 14.9% from 0.20 a year earlier and down 1.8% from the prior quarter.
Madison Square Garden Sports (MSGS) Debt Ratio (2017 - 2026) Analysis & Trends
From fiscal Q3 2017 onward, Madison Square Garden Sports has reported Debt Ratio for 38 quarters.
- Debt Ratio has now declined for three consecutive fiscal years.
- In earlier fiscal years, Debt Ratio was 0.20 in FY2025 (-12.8%), 0.23 in FY2024 (-8.3%), 0.25 in FY2023 (+28.7%) and 0.19 in FY2022 (-34.7%).
- The fiscal Q4 2026 figure marks the lowest quarterly Debt Ratio since fiscal Q3 2020.
- Compared with a year earlier, Debt Ratio has declined for 11 straight quarters, with an average decline of 16.6% over the last eight quarters.
- The best year-over-year quarter for Debt Ratio over five years was fiscal Q1 2024 (growth of 57.6%); the worst was fiscal Q1 2023 (a decline of 35.9%).
- Per Business Quant data, MSGS's Debt Ratio in the three fiscal quarters before Q4 2026 was 0.17 (Q3 2026), 0.19 (Q2 2026) and 0.19 (Q1 2026).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Debt Ratio (Qtr) |
|---|---|---|---|---|---|
| 1 | Las Vegas Sands | 25.14 Bn | 11.55 Bn | 1.48 Bn | 0.77 |
| 2 | DraftKings | 18.81 Bn | 14.47 Bn | 551.45 Mn | 0.13 |
| 3 | Flutter Entertainment | 13.30 Bn | 7.05 Bn | 1.71 Bn | 0.42 |
| 4 | Madison Square Garden Sports | 10.02 Bn | 9.62 Bn | 119.21 Mn | 0.17 |
| 5 | Life Time Group Holdings | 8.83 Bn | 8.07 Bn | 412.26 Mn | 0.18 |
| 6 | Wynn Resorts | 8.33 Bn | 1.88 Bn | 758.95 Mn | 0.81 |
| 7 | MGM Resorts International | 8.01 Bn | -169.85 Mn | 1.98 Bn | 0.15 |
| 8 | Caesars Entertainment | 6.03 Bn | 2.65 Bn | 1.50 Bn | 0.37 |
| 9 | Super Group (SGHC) | 5.93 Bn | 3.92 Bn | - | 0.02 |
| 10 | Red Rock Resorts | 5.30 Bn | 4.88 Bn | 315.50 Mn | 0.82 |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 0.17 |
| Mar 31, 2026 | 0.17 |
| Dec 31, 2025 | 0.19 |
| Sep 30, 2025 | 0.19 |
| Jun 30, 2025 | 0.20 |
| Mar 31, 2025 | 0.19 |
| Dec 31, 2024 | 0.22 |
| Sep 30, 2024 | 0.22 |
| Jun 30, 2024 | 0.23 |
| Mar 31, 2024 | 0.26 |
| Dec 31, 2023 | 0.26 |
| Sep 30, 2023 | 0.29 |
| Jun 30, 2023 | 0.25 |
| Mar 31, 2023 | 0.28 |
| Dec 31, 2022 | 0.33 |
| Sep 30, 2022 | 0.19 |
| Jun 30, 2022 | 0.19 |
| Mar 31, 2022 | 0.23 |
| Dec 31, 2021 | 0.27 |
| Sep 30, 2021 | 0.29 |
Madison Square Garden Sports Debt Ratio 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=debt-ratio&ticker=MSGS&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "debt-ratio", "ticker": "MSGS", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()
const res = await fetch("https://data.businessquant.com/historic?slug=debt-ratio&ticker=MSGS&period=max&api_key=YOUR_API_KEY");
const data = await res.json();