Madison Square Garden Sports (MSGS) EBITDA Margin (2014 - 2026)
Madison Square Garden Sports' EBITDA Margin came in at 11.82% for fiscal Q4 2026 (quarter ended Jun 30, 2026), up 22.48 percentage points from -10.67% a year earlier and up 11.18 percentage points from the prior quarter.
Madison Square Garden Sports (MSGS) EBITDA Margin (2014 - 2026) Analysis & Trends
For FY2026 (ended Jun 30, 2026), Madison Square Garden Sports' EBITDA Margin was 2.78%, up 1.04 percentage points from FY2025.
- EBITDA Margin carries a five-year change of +20.31 percentage points (FY2021 to FY2026).
- Going back by fiscal year, EBITDA Margin was 1.73% in FY2025 (-12.79 pp), 14.53% in FY2024 (+4.53 pp), 10.00% in FY2023 (-1.09 pp) and 11.09% in FY2022 (+28.62 pp).
- The fiscal Q4 2026 figure represents the highest quarterly EBITDA Margin since fiscal Q4 2024.
- Year-over-year, EBITDA Margin increased in three of the last eight quarters, with an average year-over-year change of -8.48 percentage points.
- The fastest year-over-year change in EBITDA Margin over five years came in fiscal Q2 2022 (a gain of 140.73 percentage points), and the weakest in fiscal Q1 2022 (a drop of 133.18 percentage points).
- Business Quant data shows MSGS's EBITDA Margin at 0.64% (Q3 2026), 5.69% (Q2 2026) and -67.46% (Q1 2026) in the three fiscal quarters before Q4 2026.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | EBITDA Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Las Vegas Sands | 25.14 Bn | 11.55 Bn | 1.48 Bn | 31.36% |
| 2 | DraftKings | 18.81 Bn | 14.47 Bn | 551.45 Mn | 0.84% |
| 3 | Flutter Entertainment | 13.30 Bn | 7.05 Bn | 1.71 Bn | 5.89% |
| 4 | Madison Square Garden Sports | 10.02 Bn | 9.62 Bn | 119.21 Mn | 11.82% |
| 5 | Life Time Group Holdings | 8.83 Bn | 8.07 Bn | 412.26 Mn | 26.91% |
| 6 | Wynn Resorts | 8.33 Bn | 1.88 Bn | 758.95 Mn | 24.93% |
| 7 | MGM Resorts International | 8.01 Bn | -169.85 Mn | 1.98 Bn | 17.66% |
| 8 | Caesars Entertainment | 6.03 Bn | 2.65 Bn | 1.50 Bn | 29.00% |
| 9 | Super Group (SGHC) | 5.93 Bn | 3.92 Bn | - | 19.44% |
| 10 | Red Rock Resorts | 5.30 Bn | 4.88 Bn | 315.50 Mn | 38.21% |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 11.82% |
| Mar 31, 2026 | 0.64% |
| Dec 31, 2025 | 5.69% |
| Sep 30, 2025 | -67.46% |
| Jun 30, 2025 | -10.67% |
| Mar 31, 2025 | 7.82% |
| Dec 31, 2024 | 3.94% |
| Sep 30, 2024 | -14.05% |
| Jun 30, 2024 | 23.36% |
| Mar 31, 2024 | 18.73% |
| Dec 31, 2023 | 9.06% |
| Sep 30, 2023 | -32.59% |
| Jun 30, 2023 | -8.92% |
| Mar 31, 2023 | 21.58% |
| Dec 31, 2022 | 14.80% |
| Sep 30, 2022 | -144.77% |
| Jun 30, 2022 | 14.21% |
| Mar 31, 2022 | 18.53% |
| Dec 31, 2021 | 12.82% |
| Sep 30, 2021 | -178.31% |
Madison Square Garden Sports EBITDA Margin 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=ebitda-margin&ticker=MSGS&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "ebitda-margin", "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=ebitda-margin&ticker=MSGS&period=max&api_key=YOUR_API_KEY");
const data = await res.json();