Madison Square Garden Sports (MSGS) Invested Capital (2014 - 2026)
Madison Square Garden Sports posted quarterly Invested Capital of -$279.0 million for Q1 2026, down 7.52% year-on-year from -$301.6 million in Q1 2025, and down 144.32% on a QoQ basis from -$114.2 million in Q4 2025.
Madison Square Garden Sports (MSGS) has 13 years of Invested Capital data on file, last reported at -$279.0 million in Q1 2026.
- For the quarter ending Q1 2026, Invested Capital fell 7.52% year-over-year to -$279.0 million; the trailing twelve-month figure through Mar 2026 stood at -$279.0 million (down 7.52% YoY), and the FY2025 full-year result was -$257.4 million, down 84.48% from the prior year.
- Invested Capital for Q1 2026 stood at -$279.0 million, down from -$114.2 million in the prior quarter.
- Across five years, Invested Capital topped out at -$114.2 million in Q4 2025 and bottomed at -$356.4 million in Q4 2022.
- The 5-year median for Invested Capital is -$257.4 million (2025), against an average of -$219.6 million.
- The widest annual swing landed in 2023, when Invested Capital sank 166.29%; it then jumped 59.67% in 2024.
- A 5-year view of Invested Capital shows it stood at -$356.4 million in 2022, then grew by 13.25% to -$309.2 million in 2023, then soared by 57.75% to -$130.6 million in 2024, then increased by 12.61% to -$114.2 million in 2025, then sank by 144.32% to -$279.0 million in 2026.
- The last three Invested Capital figures came in at -$279.0 million (Q1 2026), -$114.2 million (Q4 2025), and -$122.4 million (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Invested Cap. (Qtr) |
|---|---|---|---|---|---|
| 1 | Netflix | 362.63 Bn | 350.34 Bn | 11.41 Bn | 32.13 Bn |
| 2 | Walt Disney | 181.67 Bn | 188.27 Bn | 23.68 Bn | 124.20 Bn |
| 3 | Warner Bros. Discovery | 67.91 Bn | 65.77 Bn | 4.25 Bn | 66.17 Bn |
| 4 | Live Nation Entertainment | 39.56 Bn | 31.10 Bn | 1.31 Bn | 1.66 Bn |
| 5 | Fox | 26.01 Bn | 22.51 Bn | - | 10.97 Bn |
| 6 | Liberty Media | 21.20 Bn | 21.87 Bn | 298.00 Mn | 7.78 Bn |
| 7 | Roku | 19.03 Bn | 16.65 Bn | 564.94 Mn | 2.67 Bn |
| 8 | News | 16.98 Bn | 15.50 Bn | - | 11.27 Bn |
| 9 | TKO Group Holdings | 16.11 Bn | 14.42 Bn | 862.52 Mn | 8.54 Bn |
| 10 | Madison Square Garden Sports | 9.12 Bn | 9.01 Bn | 77.70 Mn | -278.95 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | -278.95 Mn |
| Dec 31, 2025 | -114.18 Mn |
| Sep 30, 2025 | -122.41 Mn |
| Jun 30, 2025 | -257.44 Mn |
| Mar 31, 2025 | -259.45 Mn |
| Dec 31, 2024 | -130.65 Mn |
| Sep 30, 2024 | -132.50 Mn |
| Jun 30, 2024 | -139.55 Mn |
| Mar 31, 2024 | -263.96 Mn |
| Dec 31, 2023 | -309.19 Mn |
| Sep 30, 2023 | -328.54 Mn |
| Jun 30, 2023 | -307.23 Mn |
| Mar 31, 2023 | -325.12 Mn |
| Dec 31, 2022 | -356.41 Mn |
| Sep 30, 2022 | -143.68 Mn |
| Jun 30, 2022 | -115.38 Mn |
| Mar 31, 2022 | -147.87 Mn |
| Dec 31, 2021 | -179.61 Mn |
| Sep 30, 2021 | -199.31 Mn |
| Jun 30, 2021 | -171.87 Mn |
| Mar 31, 2021 | -225.30 Mn |
| Dec 31, 2020 | -239.66 Mn |
| Sep 30, 2020 | -200.85 Mn |
| Jun 30, 2020 | -203.44 Mn |
| Mar 31, 2020 | 2.61 Bn |
| Dec 31, 2019 | 2.71 Bn |
| Sep 30, 2019 | 2.55 Bn |
| Jun 30, 2019 | 2.64 Bn |
| Mar 31, 2019 | 2.81 Bn |
| Dec 31, 2018 | 2.75 Bn |
| Sep 30, 2018 | 2.55 Bn |
| Jun 30, 2018 | 2.66 Bn |
| Mar 31, 2018 | 2.61 Bn |
| Dec 31, 2017 | 2.71 Bn |
| Sep 30, 2017 | 2.41 Bn |
| Jun 30, 2017 | 2.53 Bn |
| Mar 31, 2017 | 2.61 Bn |
| Dec 31, 2016 | 2.59 Bn |
| Sep 30, 2016 | 2.51 Bn |
| Jun 30, 2016 | 2.60 Bn |
| Mar 31, 2016 | 2.70 Bn |
| Dec 31, 2015 | 2.81 Bn |
| Sep 30, 2015 | 1.60 Mn |
| Jun 30, 2015 | 1.22 Bn |
| Mar 31, 2015 | 1.26 Bn |
| Dec 31, 2014 | 1.22 Bn |
| Sep 30, 2014 | 1.20 Bn |