Madison Square Garden Sports (MSGS) Net Margin (2014 - 2026)
Madison Square Garden Sports (MSGS) reported Net Margin of 10.15% for fiscal Q4 2026 (quarter ended Jun 30, 2026), up 11.02 percentage points from -0.87% a year earlier and up 14.78 percentage points from the prior quarter.
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Analysis
Madison Square Garden Sports (MSGS) Net Margin (2014 - 2026) Analysis & Trends
For FY2026 (ended Jun 30, 2026), Madison Square Garden Sports posted Net Margin of 0.67%, up 2.83 percentage points from FY2025.
- Net Margin has a five-year change of +4.03 percentage points (FY2021 to FY2026).
- By fiscal year, Net Margin came in at -2.16% in FY2025 (-7.88 pp), 5.72% in FY2024 (+0.34 pp), 5.39% in FY2023 (-0.84 pp) and 6.23% in FY2022 (+9.58 pp).
- The fiscal Q4 2026 figure ranks as the highest quarterly Net Margin since fiscal Q4 2024.
- Year over year, Net Margin gained in three of the last eight quarters, with an average year-over-year change of +0.58 percentage points.
- The high point for year-over-year Net Margin in five years was fiscal Q2 2022 (a gain of 146.67 percentage points); the low point was fiscal Q1 2022 (a drop of 37.47 percentage points).
- Per Business Quant data, the three fiscal quarters before Q4 2026 came in at -4.62% (Q3 2026), 2.04% (Q2 2026) and -22.30% (Q1 2026).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Net Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Las Vegas Sands | 25.14 Bn | 11.55 Bn | 1.48 Bn | 10.97% |
| 2 | DraftKings | 18.81 Bn | 14.47 Bn | 551.45 Mn | -4.68% |
| 3 | Flutter Entertainment | 13.30 Bn | 7.05 Bn | 1.71 Bn | -6.33% |
| 4 | Madison Square Garden Sports | 10.02 Bn | 9.62 Bn | 119.21 Mn | 10.15% |
| 5 | Life Time Group Holdings | 8.83 Bn | 8.07 Bn | 412.26 Mn | 11.70% |
| 6 | Wynn Resorts | 8.33 Bn | 1.88 Bn | 758.95 Mn | 7.54% |
| 7 | MGM Resorts International | 8.01 Bn | -169.85 Mn | 1.98 Bn | 6.57% |
| 8 | Caesars Entertainment | 6.03 Bn | 2.65 Bn | 1.50 Bn | -2.07% |
| 9 | Super Group (SGHC) | 5.93 Bn | 3.92 Bn | - | 17.54% |
| 10 | Red Rock Resorts | 5.30 Bn | 4.88 Bn | 315.50 Mn | 7.67% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 10.15% |
| Mar 31, 2026 | -4.62% |
| Dec 31, 2025 | 2.04% |
| Sep 30, 2025 | -22.30% |
| Jun 30, 2025 | -0.87% |
| Mar 31, 2025 | -3.35% |
| Dec 31, 2024 | 0.31% |
| Sep 30, 2024 | -14.15% |
| Jun 30, 2024 | 11.22% |
| Mar 31, 2024 | 8.81% |
| Dec 31, 2023 | 4.35% |
| Sep 30, 2023 | -43.72% |
| Jun 30, 2023 | -7.29% |
| Mar 31, 2023 | 13.69% |
| Dec 31, 2022 | 6.36% |
| Sep 30, 2022 | -73.98% |
| Jun 30, 2022 | 15.52% |
| Mar 31, 2022 | 7.25% |
| Dec 31, 2021 | 5.47% |
| Sep 30, 2021 | -87.29% |
API Access
Madison Square Garden Sports Net Margin 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=net-margin&ticker=MSGS&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "net-margin", "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=net-margin&ticker=MSGS&period=max&api_key=YOUR_API_KEY");
const data = await res.json();