Madison Square Garden Sports (MSGS) EBITDA Margin (2014 - 2026)

Madison Square Garden Sports (MSGS) posted EBITDA Margin of 0.45% for Q1 2026, down 91.74% on a QoQ basis from 5.5% in Q4 2025, and down 717.0% year-over-year from 0.07% in Q1 2025.

Madison Square Garden Sports (MSGS) EBITDA Margin (2014 - 2026) Analysis & Trends

Madison Square Garden Sports' EBITDA Margin history runs 13 years deep, the most recent figure standing at 0.45% for Q1 2026.

  • Quarterly EBITDA Margin fell 717.0% year-over-year to 0.45% in Q1 2026, while the trailing twelve-month figure through Mar 2026 was 2.4% (down 1084.0% YoY) and the FY2025 annual result came in at 1.42%, down 1279.0% from the prior year.
  • EBITDA Margin was 0.45% for Q1 2026 at Madison Square Garden Sports, down from 5.5% 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.
  • A 5-year average of 9.05% and a median of 5.5% in 2025 frame the typical range for EBITDA Margin.
  • Annual changes were most pronounced in 2023 — EBITDA Margin soared 11458 bps — and 2025, when it tumbled 5399 bps.
  • Madison Square Garden Sports' 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 sank by 92 bps to 0.45% in 2026.
  • Business Quant data shows MSGS's EBITDA Margin at 0.45% in Q1 2026, 5.5% in Q4 2025, and 69.51% in Q3 2025.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) EBITDA Margin (Qtr)
1 Netflix 286.85 Bn 277.73 Bn 6.52 Bn 33.38%
2 Walt Disney 176.45 Bn 177.38 Bn 10.75 Bn -42.23%
3 Warner Bros. Discovery 71.03 Bn 68.89 Bn 4.25 Bn -27.76%
4 Live Nation Entertainment 40.94 Bn 32.48 Bn 1.31 Bn -9.77%
5 Liberty Media 29.72 Bn 29.06 Bn 298.00 Mn 9.00%
6 Roku 20.90 Bn 18.52 Bn 564.94 Mn 4.15%
7 TKO Group Holdings 20.86 Bn 19.17 Bn 862.52 Mn 21.20%
8 Fox 20.85 Bn 17.36 Bn - 8.14%
9 News 16.48 Bn 15.01 Bn - 9.79%
10 Madison Square Garden Sports 9.53 Bn 9.53 Bn 77.70 Mn 0.45%

Historic Data

Download Data
DateValue
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%
Jun 30, 2021 -14.13%