Madison Square Garden Sports (MSGS) Free Cash Flow (2014 - 2026)
Madison Square Garden Sports (MSGS) recorded Free Cash Flow of $57.62 million in fiscal Q4 2026 (quarter ended Jun 30, 2026), up 16.7% from $49.35 million a year earlier and up 0.4% from the prior quarter.
Madison Square Garden Sports (MSGS) Free Cash Flow (2014 - 2026) Analysis & Trends
For FY2026 (ended Jun 30, 2026), Madison Square Garden Sports reported Free Cash Flow of $61.26 million, down 30.4% from FY2025.
- Annual Free Cash Flow has declined for four straight fiscal years.
- Across earlier fiscal years, Free Cash Flow came in at $87.99 million in FY2025 (-3.0%), $90.68 million in FY2024 (-40.1%), $151.29 million in FY2023 (-14.6%) and $177.12 million in FY2022.
- The fiscal Q4 2026 figure is the highest quarterly Free Cash Flow since fiscal Q2 2025.
- On a year-over-year basis, Free Cash Flow rose in two of the last five quarters, with an average decline of 0.6%.
- Peak year-over-year performance for Free Cash Flow in the last five years was growth of 498.4% in fiscal Q4 2022, against a decline of 95.2% in fiscal Q3 2024 at the low end.
- Per Business Quant, the preceding three fiscal quarters came in at $57.38 million (Q3 2026), $31.59 million (Q2 2026) and -$85.33 million (Q1 2026).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | FCF (Qtr) |
|---|---|---|---|---|---|
| 1 | Las Vegas Sands | 24.50 Bn | 10.92 Bn | 1.48 Bn | 350.00 Mn |
| 2 | DraftKings | 16.89 Bn | 12.55 Bn | 551.45 Mn | 106.85 Mn |
| 3 | Flutter Entertainment | 12.94 Bn | 6.68 Bn | 1.71 Bn | 349.00 Mn |
| 4 | Madison Square Garden Sports | 9.77 Bn | 9.37 Bn | 119.21 Mn | 57.62 Mn |
| 5 | Life Time Group Holdings | 8.91 Bn | 8.14 Bn | 412.26 Mn | -53.70 Mn |
| 6 | Wynn Resorts | 8.21 Bn | 1.77 Bn | 758.95 Mn | 338.90 Mn |
| 7 | MGM Resorts International | 7.81 Bn | -371.12 Mn | 1.98 Bn | 317.44 Mn |
| 8 | Caesars Entertainment | 6.04 Bn | 2.66 Bn | 1.50 Bn | 304.00 Mn |
| 9 | Super Group (SGHC) | 5.74 Bn | 3.73 Bn | - | - |
| 10 | Churchill Downs | 5.27 Bn | 4.55 Bn | 419.00 Mn | 178.00 Mn |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 57.62 Mn |
| Mar 31, 2026 | 57.38 Mn |
| Dec 31, 2025 | 31.59 Mn |
| Sep 30, 2025 | -85.33 Mn |
| Jun 30, 2025 | 49.35 Mn |
| Mar 31, 2025 | 3.91 Mn |
| Dec 31, 2024 | 61.25 Mn |
| Sep 30, 2024 | -26.52 Mn |
| Jun 30, 2024 | 107.98 Mn |
| Mar 31, 2024 | 3.94 Mn |
| Dec 31, 2023 | 33.29 Mn |
| Sep 30, 2023 | -54.53 Mn |
| Jun 30, 2023 | 37.52 Mn |
| Mar 31, 2023 | 82.85 Mn |
| Dec 31, 2022 | 29.90 Mn |
| Sep 30, 2022 | 1.01 Mn |
| Jun 30, 2022 | 113.78 Mn |
| Mar 31, 2022 | 39.69 Mn |
| Dec 31, 2021 | 43.14 Mn |
| Sep 30, 2021 | -19.49 Mn |
Madison Square Garden Sports Free Cash Flow API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=free-cash-flow&ticker=MSGS&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "free-cash-flow", "ticker": "MSGS", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()
const res = await fetch("https://data.businessquant.com/historic?slug=free-cash-flow&ticker=MSGS&period=max&api_key=YOUR_API_KEY");
const data = await res.json();