Madison Square Garden Sports (MSGS) EBITDA Margin (2014 - 2026)
Madison Square Garden Sports' (MSGS) quarterly EBITDA Margin came in at 0.45% in Q1 2026, down 717.0% YoY from 0.07% in Q1 2025, and down 91.74% on a QoQ basis from 5.5% in Q4 2025.
Madison Square Garden Sports (MSGS) EBITDA Margin (2014 - 2026) Analysis & Trends
Madison Square Garden Sports (MSGS) has 13 years of EBITDA Margin data on file, last reported at 0.45% in 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 eased to 0.45% in Q1 2026, from 5.5% 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 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 plunged 5399 bps.
- Tracing MSGS's EBITDA Margin over 5 years: stood at 14.57% in 2022, then sank by 39 bps to 8.82% in 2023, then tumbled by 58 bps to 3.72% in 2024, then surged by 48 bps to 5.5% in 2025, then tumbled by 92 bps to 0.45% in 2026.
- The last three EBITDA Margin figures came in at 0.45% (Q1 2026), 5.5% (Q4 2025), and 69.51% (Q3 2025), per Business Quant data.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | EBITDA Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Netflix | 325.80 Bn | 316.67 Bn | 6.52 Bn | 33.38% |
| 2 | Walt Disney | 180.88 Bn | 175.70 Bn | 11.57 Bn | -35.31% |
| 3 | Warner Bros. Discovery | 71.60 Bn | 68.23 Bn | 4.10 Bn | 2.72% |
| 4 | Live Nation Entertainment | 41.97 Bn | 32.90 Bn | 1.94 Bn | 6.81% |
| 5 | Fox | 26.42 Bn | 22.22 Bn | - | 24.17% |
| 6 | Liberty Media | 23.42 Bn | 21.96 Bn | 329.00 Mn | 9.42% |
| 7 | Roku | 23.35 Bn | 20.80 Bn | 673.70 Mn | 10.79% |
| 8 | News | 18.65 Bn | 16.55 Bn | - | 14.33% |
| 9 | TKO Group Holdings | 14.38 Bn | 12.83 Bn | 990.96 Mn | 27.78% |
| 10 | Madison Square Garden Sports | 9.70 Bn | 9.54 Bn | 119.21 Mn | 11.53% |
Historic Data
Download 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% |