Madison Square Garden Sports (MSGS) EV to FCF (2015 - 2026)
Madison Square Garden Sports' (MSGS) quarterly EV to FCF came in at 165.1 in Q2 2026, up 67.16% on a YoY basis from 98.76 in Q2 2025, and up 24.13% quarter-over-quarter from 133.0 in Q1 2026.
Analysis
Madison Square Garden Sports (MSGS) EV to FCF (2015 - 2026) Analysis & Trends
Madison Square Garden Sports (MSGS) has reported EV to FCF for 12 consecutive years, with 165.1 the latest figure, recorded in Q2 2026.
- For the quarter ending Q2 2026, EV to FCF rose 67.16% year-over-year to 165.1; the trailing twelve-month figure through Jun 2026 stood at 155.28 (up 180.32% YoY), and the FY2026 full-year result was 155.28, up 180.32% from the prior year.
- EV to FCF improved to 165.1 in Q2 2026 per MSGS's latest filing, from 133.0 in the prior quarter.
- Across five years, EV to FCF topped out at 3200.89 in Q3 2022 and bottomed at 186.48 in Q3 2024.
- Historically, EV to FCF has averaged 359.14 across 5 years, with a median of 113.46 in 2022.
- The widest YoY moves for EV to FCF: up 1903.86% in 2024, down 144.02% in 2024.
- Over 5 years, EV to FCF stood at 145.0 in 2022, then slipped by 10.61% to 129.61 in 2023, then plunged by 33.11% to 86.7 in 2024, then surged by 124.36% to 194.52 in 2025, then retreated by 15.12% to 165.1 in 2026.
- According to Business Quant data, EV to FCF over the past three periods registered 165.1, 133.0, and 194.52 for Q2 2026, Q1 2026, and Q4 2025 respectively.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Madison Square Garden Sports | 9.43 Bn | 9.27 Bn | 119.21 Mn |
| 2 | Sphere Entertainment | 5.15 Bn | 4.60 Bn | 162.58 Mn |
| 3 | Vail Resorts | 4.74 Bn | 4.36 Bn | - |
| 4 | Atlanta Braves Holdings | 3.58 Bn | 3.40 Bn | 53.08 Mn |
| 5 | Manchester United | 3.54 Bn | 3.45 Bn | 209.64 Mn |
| 6 | Lucky Strike Entertainment | 793.15 Mn | 753.79 Mn | 199.97 Mn |
| 7 | Seaport Entertainment | 336.56 Mn | 218.77 Mn | 18.12 Mn |
| 8 | Dave & Buster's Entertainment | 303.28 Mn | 283.68 Mn | 372.50 Mn |
| 9 | Rci Hospitality Holdings | 221.02 Mn | 194.61 Mn | - |
| 10 | Aureus Greenway Holdings | 181.97 Mn | 139.22 Mn | - |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 165.10 |
| Mar 31, 2026 | 133.00 |
| Dec 31, 2025 | 194.52 |
| Sep 30, 2025 | -63.44 |
| Jun 30, 2025 | 98.76 |
| Mar 31, 2025 | 1,172.22 |
| Dec 31, 2024 | 86.70 |
| Sep 30, 2024 | -186.48 |
| Jun 30, 2024 | 40.91 |
| Mar 31, 2024 | 1,110.44 |
| Dec 31, 2023 | 129.61 |
| Sep 30, 2023 | -76.42 |
| Jun 30, 2023 | 118.67 |
| Mar 31, 2023 | 55.42 |
| Dec 31, 2022 | 145.00 |
| Sep 30, 2022 | 3,200.89 |
| Jun 30, 2022 | 31.37 |
| Mar 31, 2022 | 108.26 |
| Dec 31, 2021 | 96.33 |
| Sep 30, 2021 | -229.44 |