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Asset Utilization RatioAssets AverageDebt RatioDebt to EquityEBIT MarginEBITDA MarginEBT MarginEnterprise ValueEquity AverageEquity RatioFCF MarginFCF Payout RatioGross MarginInterest Coverage RatioInvested CapitalNet MarginOperating MarginReturn on AssetsReturn on Capital EmployedReturn on EquityReturn on Invested CapitalReturn on SalesTimes Interest Earned

Madison Square Garden Sports (MSGS) Operating Margin (2016 - 2026)

Madison Square Garden Sports filings provide 12 years of Operating Margin readings, the most recent being 5.5% for Q4 2025.

  • On a quarterly basis, Operating Margin rose 178.0% to 5.5% in Q4 2025 year-over-year; TTM through Dec 2025 was 0.42%, a 1241.0% decrease, with the full-year FY2025 number at 1.42%, down 1279.0% from a year prior.
  • Operating Margin hit 5.5% in Q4 2025 for Madison Square Garden Sports, up from 69.51% in the prior quarter.
  • In the past five years, Operating Margin ranged from a high of 23.02% in Q2 2024 to a low of 185.9% in Q3 2021.
  • Median Operating Margin over the past 5 years was 4.97% (2021), compared with a mean of 16.88%.
  • The widest YoY moves for Operating Margin: up 63147bps in 2021, down -13785bps in 2021.
  • Madison Square Garden Sports' Operating Margin stood at 12.4% in 2021, then increased by 17bps to 14.57% in 2022, then crashed by -39bps to 8.82% in 2023, then plummeted by -58bps to 3.72% in 2024, then skyrocketed by 48bps to 5.5% in 2025.
  • The last three reported values for Operating Margin were 5.5% (Q4 2025), 69.51% (Q3 2025), and 11.07% (Q2 2025) per Business Quant data.