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Madison Square Garden Sports (MSGS) Operating Leases (2019 - 2025)

Madison Square Garden Sports' Operating Leases history spans 7 years, with the latest figure at $841.0 million for Q4 2025.

  • For Q4 2025, Operating Leases rose 12.5% year-over-year to $841.0 million; the TTM value through Dec 2025 reached $841.0 million, up 12.5%, while the annual FY2025 figure was $841.0 million, 12.15% up from the prior year.
  • Operating Leases reached $841.0 million in Q4 2025 per MSGS's latest filing, down from $883.6 million in the prior quarter.
  • In the past five years, Operating Leases ranged from a high of $883.6 million in Q3 2025 to a low of $681.0 million in Q3 2021.
  • Average Operating Leases over 5 years is $760.9 million, with a median of $748.8 million recorded in 2024.
  • Peak YoY movement for Operating Leases: soared 193.67% in 2021, then decreased 5.81% in 2024.
  • A 5-year view of Operating Leases shows it stood at $692.5 million in 2021, then increased by 1.46% to $702.7 million in 2022, then rose by 12.67% to $791.7 million in 2023, then decreased by 5.57% to $747.6 million in 2024, then increased by 12.5% to $841.0 million in 2025.
  • Per Business Quant, the three most recent readings for MSGS's Operating Leases are $841.0 million (Q4 2025), $883.6 million (Q3 2025), and $841.0 million (Q2 2025).