Madison Square Garden Sports (MSGS) EBT Margin (2014 - 2026)
Madison Square Garden Sports' (MSGS) quarterly EBT Margin came in at 12.08% in Q2 2026, up 2538.0% on a YoY basis from 0.46% in Q2 2025, and up 492.7% quarter-over-quarter from 3.08% in Q1 2026.
Analysis
Madison Square Garden Sports (MSGS) EBT Margin (2014 - 2026) Analysis & Trends
Madison Square Garden Sports (MSGS) has reported EBT Margin for 13 consecutive years, with 12.08% the latest figure, recorded in Q2 2026.
- For the quarter ending Q2 2026, EBT Margin rose 2538.0% year-over-year to 12.08%; the trailing twelve-month figure through Jun 2026 stood at 1.56% (up 322.0% YoY), and the FY2026 full-year result was 1.56%, up 322.0% from the prior year.
- EBT Margin grew to 12.08% in Q2 2026 per MSGS's latest filing, from 3.08% in the prior quarter.
- Across five years, EBT Margin topped out at 24.76% in Q1 2023 and bottomed at 161.98% in Q3 2022.
- Historically, EBT Margin has averaged 11.46% across 5 years, with a median of 4.52% in 2025.
- The sharpest annual moves came in 2023 and 2025: EBT Margin soared 8308 bps in 2023, then slumped 3210 bps in 2025.
- Over 5 years, EBT Margin stood at 13.12% in 2022, then tumbled by 42 bps to 7.65% in 2023, then plunged by 93 bps to 0.51% in 2024, then surged by 633 bps to 3.71% in 2025, then jumped by 226 bps to 12.08% in 2026.
- According to Business Quant data, EBT Margin over the past three periods registered 12.08%, 3.08%, and 3.71% for Q2 2026, Q1 2026, and Q4 2025 respectively.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | EBT Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Madison Square Garden Sports | 9.43 Bn | 9.27 Bn | 119.21 Mn | 12.08% |
| 2 | Sphere Entertainment | 5.15 Bn | 4.60 Bn | 162.58 Mn | -20.81% |
| 3 | Vail Resorts | 4.74 Bn | 4.36 Bn | - | 36.99% |
| 4 | Atlanta Braves Holdings | 3.58 Bn | 3.40 Bn | 53.08 Mn | -4.36% |
| 5 | Manchester United | 3.54 Bn | 3.45 Bn | 209.64 Mn | -8.03% |
| 6 | Lucky Strike Entertainment | 793.15 Mn | 753.79 Mn | 199.97 Mn | -12.72% |
| 7 | Seaport Entertainment | 336.56 Mn | 218.77 Mn | 18.12 Mn | -29.48% |
| 8 | Dave & Buster's Entertainment | 303.28 Mn | 283.68 Mn | 372.50 Mn | 1.79% |
| 9 | Rci Hospitality Holdings | 221.02 Mn | 194.61 Mn | - | 11.67% |
| 10 | Aureus Greenway Holdings | 181.97 Mn | 139.22 Mn | - | -16.26% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 12.08% |
| Mar 31, 2026 | -3.08% |
| Dec 31, 2025 | 3.71% |
| Sep 30, 2025 | -43.98% |
| Jun 30, 2025 | -13.30% |
| Mar 31, 2025 | 5.33% |
| Dec 31, 2024 | 0.51% |
| Sep 30, 2024 | -27.37% |
| Jun 30, 2024 | 18.80% |
| Mar 31, 2024 | 16.72% |
| Dec 31, 2023 | 7.65% |
| Sep 30, 2023 | -78.90% |
| Jun 30, 2023 | -9.63% |
| Mar 31, 2023 | 24.76% |
| Dec 31, 2022 | 13.12% |
| Sep 30, 2022 | -161.98% |
| Jun 30, 2022 | 11.85% |
| Mar 31, 2022 | 17.44% |
| Dec 31, 2021 | 11.16% |
| Sep 30, 2021 | -202.48% |