Growth Metrics

Madison Square Garden Sports (MSGS) Gross Margin (2016 - 2025)

Madison Square Garden Sports (MSGS) has disclosed Gross Margin for 11 consecutive years, with 84.6% as the latest value for Q3 2024.

  • For the quarter ending Q3 2024, Gross Margin fell 723.0% year-over-year to 84.6%, compared with a TTM value of 40.12% through Sep 2024, up 65.0%, and an annual FY2024 reading of 39.98%, up 182.0% over the prior year.
  • Gross Margin was 84.6% for Q3 2024 at Madison Square Garden Sports, up from 52.59% in the prior quarter.
  • Across five years, Gross Margin topped out at 353.16% in Q2 2020 and bottomed at 28.96% in Q4 2023.
  • Average Gross Margin over 5 years is 62.74%, with a median of 38.93% recorded in 2022.
  • The sharpest move saw Gross Margin soared 3577bps in 2020, then plummeted -32051bps in 2021.
  • Year by year, Gross Margin stood at 42.09% in 2020, then fell by -21bps to 33.4% in 2021, then grew by 8bps to 36.19% in 2022, then decreased by -20bps to 28.96% in 2023, then soared by 192bps to 84.6% in 2024.
  • Business Quant data shows Gross Margin for MSGS at 84.6% in Q3 2024, 52.59% in Q2 2024, and 36.5% in Q1 2024.