Madison Square Garden Sports (MSGS) Minority Interest (2016 - 2023)
Madison Square Garden Sports' Minority Interest was $772,000 in fiscal Q3 2023 (quarter ended Mar 31, 2023), down 59.3% from $1.9 million a year earlier and down 42.3% from the prior quarter.
Madison Square Garden Sports (MSGS) Minority Interest (2016 - 2023) Analysis & Trends
At the end of FY2022 (ended Jun 30, 2022), Minority Interest at Madison Square Garden Sports came in at $1.71 million, down 29.9% from FY2021.
- Minority Interest has now declined for five consecutive fiscal years, with a five-year compound annual growth rate of -53.7% (FY2017 to FY2022).
- In earlier fiscal years, Minority Interest was $2.44 million in FY2021 (-31.2%), $3.55 million in FY2020 (-94.7%), $67.63 million in FY2019 (-11.8%) and $76.68 million in FY2018 (-4.9%).
- The fiscal Q3 2023 figure marks the lowest quarterly Minority Interest in data going back to fiscal Q1 2017.
- Compared with a year earlier, Minority Interest has declined for 21 straight quarters, with an average decline of 32.7% over the last eight quarters.
- Over the past five years, the year-over-year decline in Minority Interest ranged from 4.9% (fiscal Q4 2018) to 95.6% (fiscal Q2 2021).
- Per Business Quant data, MSGS's Minority Interest in the three fiscal quarters before Q3 2023 was $1.34 million (Q2 2023), $1.45 million (Q1 2023) and $1.71 million (Q4 2022).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Las Vegas Sands | 24.82 Bn | 11.24 Bn | 1.48 Bn |
| 2 | DraftKings | 17.42 Bn | 13.08 Bn | 551.45 Mn |
| 3 | Flutter Entertainment | 12.92 Bn | 6.67 Bn | 1.71 Bn |
| 4 | Madison Square Garden Sports | 9.97 Bn | 9.56 Bn | 119.21 Mn |
| 5 | Life Time Group Holdings | 8.95 Bn | 8.18 Bn | 412.26 Mn |
| 6 | Wynn Resorts | 8.09 Bn | 1.64 Bn | 758.95 Mn |
| 7 | MGM Resorts International | 7.93 Bn | -255.39 Mn | 1.98 Bn |
| 8 | Caesars Entertainment | 6.03 Bn | 2.66 Bn | 1.50 Bn |
| 9 | Super Group (SGHC) | 5.86 Bn | 3.85 Bn | - |
| 10 | Churchill Downs | 5.31 Bn | 4.58 Bn | 419.00 Mn |
Historic Data
| Date | Value |
|---|---|
| Mar 31, 2023 | 772,000.00 |
| Dec 31, 2022 | 1.34 Mn |
| Sep 30, 2022 | 1.45 Mn |
| Jun 30, 2022 | 1.71 Mn |
| Mar 31, 2022 | 1.90 Mn |
| Dec 31, 2021 | 2.48 Mn |
| Sep 30, 2021 | 2.23 Mn |
| Jun 30, 2021 | 2.44 Mn |
| Mar 31, 2021 | 2.44 Mn |
| Dec 31, 2020 | 2.88 Mn |
| Sep 30, 2020 | 2.95 Mn |
| Jun 30, 2020 | 3.55 Mn |
| Mar 31, 2020 | 23.00 Mn |
| Dec 31, 2019 | 66.22 Mn |
| Sep 30, 2019 | 67.46 Mn |
| Jun 30, 2019 | 67.63 Mn |
| Mar 31, 2019 | 71.76 Mn |
| Dec 31, 2018 | 72.77 Mn |
| Sep 30, 2018 | 75.91 Mn |
| Jun 30, 2018 | 76.68 Mn |
Madison Square Garden Sports Minority Interest API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=minority-interest&ticker=MSGS&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "minority-interest", "ticker": "MSGS", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()
const res = await fetch("https://data.businessquant.com/historic?slug=minority-interest&ticker=MSGS&period=max&api_key=YOUR_API_KEY");
const data = await res.json();