Madison Square Garden Sports (MSGS) Interest Coverage Ratio (2014 - 2026)
Madison Square Garden Sports' (MSGS) quarterly Interest Coverage Ratio came in at 7.23 in Q2 2026, up 259.72% on a YoY basis from 2.01 in Q2 2025, and up 1679.9% quarter-over-quarter from 0.41 in Q1 2026.
Analysis
Madison Square Garden Sports (MSGS) Interest Coverage Ratio (2014 - 2026) Analysis & Trends
Madison Square Garden Sports (MSGS) has reported Interest Coverage Ratio for 13 consecutive years, with 7.23 the latest figure, recorded in Q2 2026.
- For the quarter ending Q2 2026, Interest Coverage Ratio rose 259.72% year-over-year to 7.23; the trailing twelve-month figure through Jun 2026 stood at 1.37 (up 100.19% YoY), and the FY2026 full-year result was 1.37, up 100.19% from the prior year.
- Interest Coverage Ratio advanced to 7.23 in Q2 2026 per MSGS's latest filing, from 0.41 in the prior quarter.
- Across five years, Interest Coverage Ratio topped out at 24.86 in Q1 2022 and bottomed at 10.84 in Q3 2022.
- Historically, Interest Coverage Ratio has averaged 4.01 across 5 years, with a median of 3.73 in 2025.
- The sharpest annual moves came in 2022 and 2025: Interest Coverage Ratio jumped 799.19% in 2022, then slumped 259.01% in 2025.
- Over 5 years, Interest Coverage Ratio stood at 8.47 in 2022, then slumped by 54.17% to 3.88 in 2023, then slumped by 38.64% to 2.38 in 2024, then surged by 49.87% to 3.57 in 2025, then surged by 102.32% to 7.23 in 2026.
- According to Business Quant data, Interest Coverage Ratio over the past three periods registered 7.23, 0.41, and 3.57 for Q2 2026, Q1 2026, and Q4 2025 respectively.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Interest Cover (Qtr) |
|---|---|---|---|---|---|
| 1 | Madison Square Garden Sports | 9.43 Bn | 9.27 Bn | 119.21 Mn | 7.23 |
| 2 | Sphere Entertainment | 5.15 Bn | 4.60 Bn | 162.58 Mn | -7.41 |
| 3 | Vail Resorts | 4.74 Bn | 4.36 Bn | - | 9.63 |
| 4 | Atlanta Braves Holdings | 3.58 Bn | 3.40 Bn | 53.08 Mn | -1.60 |
| 5 | Manchester United | 3.54 Bn | 3.45 Bn | 209.64 Mn | 0.11 |
| 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 | 1.27 |
| 9 | Rci Hospitality Holdings | 221.02 Mn | 194.61 Mn | - | 2.91 |
| 10 | Aureus Greenway Holdings | 181.97 Mn | 139.22 Mn | - | - |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 7.23 |
| Mar 31, 2026 | 0.41 |
| Dec 31, 2025 | 3.57 |
| Sep 30, 2025 | -4.91 |
| Jun 30, 2025 | -4.52 |
| Mar 31, 2025 | 6.44 |
| Dec 31, 2024 | 2.38 |
| Sep 30, 2024 | -1.37 |
| Jun 30, 2024 | 8.28 |
| Mar 31, 2024 | 11.52 |
| Dec 31, 2023 | 3.88 |
| Sep 30, 2023 | -2.14 |
| Jun 30, 2023 | -1.88 |
| Mar 31, 2023 | 11.67 |
| Dec 31, 2022 | 8.47 |
| Sep 30, 2022 | -10.84 |
| Jun 30, 2022 | 9.20 |
| Mar 31, 2022 | 24.86 |
| Dec 31, 2021 | 10.02 |
| Sep 30, 2021 | -11.26 |