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Asset Utilization RatioAssets AverageDebt RatioDebt to EquityEBIT MarginEBITDA MarginEBT MarginEnterprise ValueEquity AverageEquity RatioFCF MarginFCF Payout RatioGross MarginInterest Coverage RatioInvested CapitalNet MarginOperating MarginReturn on AssetsReturn on Capital EmployedReturn on EquityReturn on Invested CapitalReturn on SalesTimes Interest Earned

Madison Square Garden Sports (MSGS) Gross Margin (2016 - 2026)

Madison Square Garden Sports filings provide 12 years of Gross Margin readings, the most recent being 22.81% for Q4 2025.

  • On a quarterly basis, Gross Margin fell 11.0% to 22.81% in Q4 2025 year-over-year; TTM through Dec 2025 was 26.16%, a 1161.0% decrease, with the full-year FY2025 number at 27.34%, down 1264.0% from a year prior.
  • Gross Margin hit 22.81% in Q4 2025 for Madison Square Garden Sports, down from 79.02% in the prior quarter.
  • In the past five years, Gross Margin ranged from a high of 91.82% in Q3 2023 to a low of 22.81% in Q4 2025.
  • Median Gross Margin over the past 5 years was 36.58% (2023), compared with a mean of 45.05%.
  • Biggest five-year swings in Gross Margin: tumbled -32051bps in 2021 and later soared 3036bps in 2022.
  • Madison Square Garden Sports' Gross Margin stood at 33.4% in 2021, then grew by 8bps to 36.19% in 2022, then decreased by -20bps to 28.96% in 2023, then decreased by -21bps to 22.92% in 2024, then fell by 0bps to 22.81% in 2025.
  • The last three reported values for Gross Margin were 22.81% (Q4 2025), 79.02% (Q3 2025), and 24.09% (Q2 2025) per Business Quant data.