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Madison Square Garden Sports (MSGS) Leases (2019 - 2026)

Madison Square Garden Sports filings provide 7 years of Leases readings, the most recent being $751.0 million for Q4 2025.

  • On a quarterly basis, Leases rose 9.52% to $751.0 million in Q4 2025 year-over-year; TTM through Dec 2025 was $751.0 million, a 9.52% increase, with the full-year FY2025 number at $760.5 million, up 9.49% from a year prior.
  • Leases hit $751.0 million in Q4 2025 for Madison Square Garden Sports, down from $758.4 million in the prior quarter.
  • In the past five years, Leases ranged from a high of $763.5 million in Q1 2025 to a low of $670.4 million in Q1 2023.
  • Median Leases over the past 5 years was $700.0 million (2021), compared with a mean of $708.0 million.
  • Biggest five-year swings in Leases: skyrocketed 199.99% in 2021 and later decreased 2.95% in 2024.
  • Madison Square Garden Sports' Leases stood at $697.3 million in 2021, then decreased by 2.75% to $678.1 million in 2022, then grew by 4.2% to $706.6 million in 2023, then decreased by 2.95% to $685.7 million in 2024, then rose by 9.52% to $751.0 million in 2025.
  • The last three reported values for Leases were $751.0 million (Q4 2025), $758.4 million (Q3 2025), and $760.5 million (Q2 2025) per Business Quant data.