Madison Square Garden Sports (MSGS) EBITDA Margin (2014 - 2026)
Madison Square Garden Sports' (MSGS) quarterly EBITDA Margin came in at 11.53% in Q2 2026, up 2260.0% on a YoY basis from 0.49% in Q2 2025, and up 2439.44% quarter-over-quarter from 0.45% in Q1 2026.
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Madison Square Garden Sports (MSGS) EBITDA Margin (2014 - 2026) Analysis & Trends
Madison Square Garden Sports (MSGS) has reported EBITDA Margin for 13 consecutive years, with 11.53% the latest figure, recorded in Q2 2026.
- For the quarter ending Q2 2026, EBITDA Margin rose 2260.0% year-over-year to 11.53%; the trailing twelve-month figure through Jun 2026 stood at 2.5% (up 108.0% YoY), and the FY2026 full-year result was 2.5%, up 108.0% from the prior year.
- EBITDA Margin rose to 11.53% in Q2 2026 per MSGS's latest filing, from 0.45% in the prior quarter.
- Across five years, EBITDA Margin topped out at 23.02% in Q2 2024 and bottomed at 149.02% in Q3 2022.
- Historically, EBITDA Margin has averaged 7.91% across 5 years, with a median of 6.56% in 2025.
- The sharpest annual moves came in 2023 and 2025: EBITDA Margin jumped 11458 bps in 2023, then sank 5399 bps in 2025.
- Over 5 years, EBITDA Margin stood at 14.57% in 2022, then tumbled by 39 bps to 8.82% in 2023, then sank by 58 bps to 3.72% in 2024, then jumped by 48 bps to 5.5% in 2025, then jumped by 110 bps to 11.53% in 2026.
- According to Business Quant data, EBITDA Margin over the past three periods registered 11.53%, 0.45%, and 5.5% for Q2 2026, Q1 2026, and Q4 2025 respectively.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | EBITDA Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Madison Square Garden Sports | 9.43 Bn | 9.27 Bn | 119.21 Mn | 11.53% |
| 2 | Sphere Entertainment | 5.15 Bn | 4.60 Bn | 162.58 Mn | -19.53% |
| 3 | Vail Resorts | 4.74 Bn | 4.36 Bn | - | 41.00% |
| 4 | Atlanta Braves Holdings | 3.58 Bn | 3.40 Bn | 53.08 Mn | -1.65% |
| 5 | Manchester United | 3.54 Bn | 3.45 Bn | 209.64 Mn | -0.10% |
| 6 | Lucky Strike Entertainment | 793.15 Mn | 753.79 Mn | 199.97 Mn | 12.46% |
| 7 | Seaport Entertainment | 336.56 Mn | 218.77 Mn | 18.12 Mn | -32.38% |
| 8 | Dave & Buster's Entertainment | 303.28 Mn | 283.68 Mn | 372.50 Mn | 8.39% |
| 9 | Rci Hospitality Holdings | 221.02 Mn | 194.61 Mn | - | 17.54% |
| 10 | Aureus Greenway Holdings | 181.97 Mn | 139.22 Mn | - | -107.76% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 11.53% |
| Mar 31, 2026 | 0.45% |
| Dec 31, 2025 | 5.50% |
| Sep 30, 2025 | -69.51% |
| Jun 30, 2025 | -11.07% |
| Mar 31, 2025 | 7.62% |
| Dec 31, 2024 | 3.72% |
| Sep 30, 2024 | -15.52% |
| Jun 30, 2024 | 23.02% |
| Mar 31, 2024 | 18.55% |
| Dec 31, 2023 | 8.82% |
| Sep 30, 2023 | -34.44% |
| Jun 30, 2023 | -9.61% |
| Mar 31, 2023 | 21.36% |
| Dec 31, 2022 | 14.57% |
| Sep 30, 2022 | -149.02% |
| Jun 30, 2022 | 13.53% |
| Mar 31, 2022 | 18.18% |
| Dec 31, 2021 | 12.40% |
| Sep 30, 2021 | -185.90% |