Madison Square Garden Sports (MSGS) Other Working Capital Changes (2019 - 2024)
Madison Square Garden Sports' (MSGS) quarterly Other Working Capital Changes came in at $70.3 million in Q2 2026, up 4004.28% on a YoY basis from $1.7 million in Q2 2025, and up 147.8% quarter-over-quarter from -$147.1 million in Q1 2026.
Analysis
Madison Square Garden Sports (MSGS) Other Working Capital Changes (2019 - 2024) Analysis & Trends
Madison Square Garden Sports (MSGS) has reported Other Working Capital Changes for 13 consecutive years, with $70.3 million the latest figure, recorded in Q2 2026.
- For the quarter ending Q2 2026, Other Working Capital Changes rose 4004.28% year-over-year to $70.3 million; the trailing twelve-month figure through Jun 2026 stood at $8.1 million (down 46.03% YoY), and the FY2026 full-year result was $8.1 million, down 46.03% from the prior year.
- Other Working Capital Changes improved to $70.3 million in Q2 2026 per MSGS's latest filing, from -$147.1 million in the prior quarter.
- Across five years, Other Working Capital Changes topped out at $166.4 million in Q3 2025 and bottomed at -$147.1 million in Q1 2026.
- Historically, Other Working Capital Changes has averaged -$5.5 million across 5 years, with a median of -$43.0 million in 2023.
- The widest YoY moves for Other Working Capital Changes: up 659.64% in 2021, down 191.98% in 2021.
- Over 5 years, Other Working Capital Changes stood at -$32.1 million in 2022, then slumped by 33.97% to -$43.0 million in 2023, then climbed by 8.73% to -$39.3 million in 2024, then tumbled by 107.6% to -$81.5 million in 2025, then soared by 186.28% to $70.3 million in 2026.
- According to Business Quant data, Other Working Capital Changes over the past three periods registered $70.3 million, -$147.1 million, and -$81.5 million for Q2 2026, Q1 2026, and Q4 2025 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 |
|---|---|
| Mar 31, 2024 | -140.94 Mn |
| Mar 31, 2024 | -140.94 Mn |
| Dec 31, 2023 | -43.01 Mn |
| Dec 31, 2023 | -43.01 Mn |
| Sep 30, 2023 | 132.33 Mn |
| Sep 30, 2023 | 132.33 Mn |
| Mar 31, 2023 | -54.98 Mn |
| Mar 31, 2023 | -54.98 Mn |
| Dec 31, 2022 | -78.99 Mn |
| Dec 31, 2022 | -78.99 Mn |
| Sep 30, 2022 | 134.71 Mn |
| Sep 30, 2022 | 134.71 Mn |
| Mar 31, 2022 | -74.90 Mn |
| Mar 31, 2022 | -74.90 Mn |
| Dec 31, 2021 | -43.09 Mn |
| Dec 31, 2021 | -43.09 Mn |
| Sep 30, 2021 | 88.60 Mn |
| Sep 30, 2021 | 88.60 Mn |
| Mar 31, 2021 | -70.93 Mn |
| Mar 31, 2021 | -70.93 Mn |