Growth Metrics

Madison Square Garden Sports (MSGS) EBITDA Margin (2016 - 2025)

Madison Square Garden Sports' EBITDA Margin history spans 12 years, with the latest figure at 5.5% for Q4 2025.

  • For Q4 2025, EBITDA Margin rose 178.0% year-over-year to 5.5%; the TTM value through Dec 2025 reached 0.42%, down 1241.0%, while the annual FY2025 figure was 1.42%, 1279.0% down from the prior year.
  • EBITDA Margin reached 5.5% in Q4 2025 per MSGS's latest filing, up from 69.51% in the prior quarter.
  • In the past five years, EBITDA Margin ranged from a high of 23.02% in Q2 2024 to a low of 185.9% in Q3 2021.
  • Average EBITDA Margin over 5 years is 16.88%, with a median of 4.97% recorded in 2021.
  • The largest YoY upside for EBITDA Margin was 63147bps in 2021 against a maximum downside of -13785bps in 2021.
  • A 5-year view of EBITDA Margin shows it stood at 12.4% in 2021, then increased by 17bps to 14.57% in 2022, then crashed by -39bps to 8.82% in 2023, then plummeted by -58bps to 3.72% in 2024, then skyrocketed by 48bps to 5.5% in 2025.
  • Per Business Quant, the three most recent readings for MSGS's EBITDA Margin are 5.5% (Q4 2025), 69.51% (Q3 2025), and 11.07% (Q2 2025).