Madison Square Garden Sports (MSGS) Other Operating Expenses (2014 - 2020)
Madison Square Garden Sports' (MSGS) quarterly Other Operating Expenses came in at -$15.4 million in Q2 2020, down 108.21% on a YoY basis from $187.9 million in Q3 2019, and down 110.83% quarter-over-quarter from $142.4 million in Q1 2020.
Analysis
Madison Square Garden Sports (MSGS) Other Operating Expenses (2014 - 2020) Analysis & Trends
Madison Square Garden Sports (MSGS) has reported Other Operating Expenses for 7 consecutive years, with -$15.4 million the latest figure, recorded in Q2 2020.
- For the quarter ending Q2 2020, Other Operating Expenses fell 108.21% year-over-year to -$15.4 million; the trailing twelve-month figure through Mar 2021 stood at -$15.4 million (down 102.77% YoY), and the FY2020 full-year result was $377.5 million, down 17.96% from the prior year.
- Other Operating Expenses declined to -$15.4 million in Q2 2020 per MSGS's latest filing, from $142.4 million in the prior quarter.
- Across five years, Other Operating Expenses topped out at $418.4 million in Q2 2018 and bottomed at -$31.3 million in Q3 2018.
- Historically, Other Operating Expenses has averaged $192.9 million across 5 years, with a median of $177.6 million in 2016.
- The sharpest annual moves came in 2018 and 2019: Other Operating Expenses sank 120.31% in 2018, then soared 174.36% in 2019.
- Over 5 years, Other Operating Expenses stood at $292.6 million in 2016, then increased by 16.92% to $342.2 million in 2017, then slumped by 52.68% to $161.9 million in 2018, then advanced by 25.21% to $202.7 million in 2019, then slumped by 107.61% to -$15.4 million in 2020.
- According to Business Quant data, Other Operating Expenses over the past three periods registered -$15.4 million, $142.4 million, and $202.7 million for Q2 2020, Q1 2020, and Q4 2019 respectively.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Madison Square Garden Sports | 9.43 Bn | 9.27 Bn | 119.21 Mn |
| 2 | Sphere Entertainment | 5.15 Bn | 4.60 Bn | 162.58 Mn |
| 3 | Vail Resorts | 4.74 Bn | 4.36 Bn | - |
| 4 | Atlanta Braves Holdings | 3.58 Bn | 3.40 Bn | 53.08 Mn |
| 5 | Manchester United | 3.54 Bn | 3.45 Bn | 209.64 Mn |
| 6 | Lucky Strike Entertainment | 793.15 Mn | 753.79 Mn | 199.97 Mn |
| 7 | Seaport Entertainment | 336.56 Mn | 218.77 Mn | 18.12 Mn |
| 8 | Dave & Buster's Entertainment | 303.28 Mn | 283.68 Mn | 372.50 Mn |
| 9 | Rci Hospitality Holdings | 221.02 Mn | 194.61 Mn | - |
| 10 | Aureus Greenway Holdings | 181.97 Mn | 139.22 Mn | - |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2020 | -15.42 Mn |
| Mar 31, 2020 | 142.39 Mn |
| Dec 31, 2019 | 202.70 Mn |
| Sep 30, 2019 | 23.26 Mn |
| Jun 30, 2019 | 187.89 Mn |
| Mar 31, 2019 | 116.98 Mn |
| Dec 31, 2018 | 161.89 Mn |
| Sep 30, 2018 | -31.29 Mn |
| Jun 30, 2018 | 418.36 Mn |
| Mar 31, 2018 | 329.85 Mn |
| Dec 31, 2017 | 342.16 Mn |
| Sep 30, 2017 | 154.03 Mn |
| Jun 30, 2017 | 262.46 Mn |
| Mar 31, 2017 | 279.24 Mn |
| Dec 31, 2016 | 292.64 Mn |
| Sep 30, 2016 | 137.52 Mn |
| Jun 30, 2016 | 167.30 Mn |
| Mar 31, 2016 | 300.91 Mn |
| Dec 31, 2015 | 275.54 Mn |
| Sep 30, 2015 | 96.59 Mn |