Madison Square Garden Sports (MSGS) FCF Margin (2014 - 2026)
Madison Square Garden Sports' (MSGS) quarterly FCF Margin came in at 20.67% in Q2 2026, down 353.0% on a YoY basis from 8.17% in Q2 2025, and up 55.69% quarter-over-quarter from 13.28% in Q1 2026.
Powered by 
Analysis
Madison Square Garden Sports (MSGS) FCF Margin (2014 - 2026) Analysis & Trends
Madison Square Garden Sports (MSGS) has reported FCF Margin for 13 consecutive years, with 20.67% the latest figure, recorded in Q2 2026.
- For the quarter ending Q2 2026, FCF Margin fell 353.0% year-over-year to 20.67%; the trailing twelve-month figure through Jun 2026 stood at 5.31% (down 316.0% YoY), and the FY2026 full-year result was 5.31%, down 316.0% from the prior year.
- FCF Margin climbed to 20.67% in Q2 2026 per MSGS's latest filing, from 13.28% in the prior quarter.
- Across five years, FCF Margin topped out at 64.94% in Q2 2022 and bottomed at 216.26% in Q3 2025.
- Historically, FCF Margin has averaged 6.08% across 5 years, with a median of 10.97% in 2022.
- The sharpest annual moves came in 2022 and 2025: FCF Margin soared 10792 bps in 2022, then plunged 16652 bps in 2025.
- Over 5 years, FCF Margin stood at 8.45% in 2022, then rose by 20 bps to 10.19% in 2023, then soared by 68 bps to 17.12% in 2024, then tumbled by 54 bps to 7.83% in 2025, then jumped by 164 bps to 20.67% in 2026.
- According to Business Quant data, FCF Margin over the past three periods registered 20.67%, 13.28%, and 7.83% for Q2 2026, Q1 2026, and Q4 2025 respectively.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | FCF Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Madison Square Garden Sports | 9.43 Bn | 9.27 Bn | 119.21 Mn | 20.67% |
| 2 | Sphere Entertainment | 5.15 Bn | 4.60 Bn | 162.58 Mn | -15.35% |
| 3 | Vail Resorts | 4.74 Bn | 4.36 Bn | - | -2.34% |
| 4 | Atlanta Braves Holdings | 3.58 Bn | 3.40 Bn | 53.08 Mn | -22.52% |
| 5 | Manchester United | 3.54 Bn | 3.45 Bn | 209.64 Mn | 14.87% |
| 6 | Lucky Strike Entertainment | 793.15 Mn | 753.79 Mn | 199.97 Mn | -11.69% |
| 7 | Seaport Entertainment | 336.56 Mn | 218.77 Mn | 18.12 Mn | -4.13% |
| 8 | Dave & Buster's Entertainment | 303.28 Mn | 283.68 Mn | 372.50 Mn | 1.52% |
| 9 | Rci Hospitality Holdings | 221.02 Mn | 194.61 Mn | - | 13.19% |
| 10 | Aureus Greenway Holdings | 181.97 Mn | 139.22 Mn | - | -42.25% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 20.67% |
| Mar 31, 2026 | 13.28% |
| Dec 31, 2025 | 7.83% |
| Sep 30, 2025 | -216.26% |
| Jun 30, 2025 | 24.20% |
| Mar 31, 2025 | 0.92% |
| Dec 31, 2024 | 17.12% |
| Sep 30, 2024 | -49.74% |
| Jun 30, 2024 | 47.52% |
| Mar 31, 2024 | 0.92% |
| Dec 31, 2023 | 10.19% |
| Sep 30, 2023 | -126.71% |
| Jun 30, 2023 | 29.57% |
| Mar 31, 2023 | 21.65% |
| Dec 31, 2022 | 8.45% |
| Sep 30, 2022 | 4.21% |
| Jun 30, 2022 | 64.94% |
| Mar 31, 2022 | 11.75% |
| Dec 31, 2021 | 14.90% |
| Sep 30, 2021 | -103.71% |