Madison Square Garden Sports (MSGS) Tax Rate (2014 - 2026)
Madison Square Garden Sports (MSGS) posted Tax Rate of 50.32% for Q1 2026, down 212.06% on a QoQ basis from 44.9% in Q4 2025, and down 21318.0% year-over-year from N/an in Q1 2025.
Madison Square Garden Sports (MSGS) Tax Rate (2014 - 2026) Analysis & Trends
Madison Square Garden Sports' Tax Rate history runs 13 years deep, the most recent figure standing at 50.32% for Q1 2026.
- Quarterly Tax Rate fell 21318.0% year-over-year to 50.32% in Q1 2026, while the trailing twelve-month figure through Mar 2026 was 47.86% (down 4294.0% YoY) and the FY2025 annual result came in at 29.91%, down 7429.0% from the prior year.
- Tax Rate was 50.32% for Q1 2026 at Madison Square Garden Sports, down from 44.9% in the prior quarter.
- Across five years, Tax Rate topped out at 162.87% in Q1 2025 and bottomed at 50.32% in Q1 2026.
- A 5-year average of 45.09% and a median of 45.33% in 2023 frame the typical range for Tax Rate.
- Annual changes were most pronounced in 2022 — Tax Rate slumped 33326 bps — and 2025, when it surged 11555 bps.
- Madison Square Garden Sports' Tax Rate stood at 52.93% in 2022, then declined by 19 bps to 43.12% in 2023, then retreated by 11 bps to 38.58% in 2024, then gained by 16 bps to 44.9% in 2025, then sank by 212 bps to 50.32% in 2026.
- Business Quant data shows MSGS's Tax Rate at 50.32% in Q1 2026, 44.9% in Q4 2025, and 49.3% in Q3 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Tax Rate (Qtr) |
|---|---|---|---|---|---|
| 1 | Netflix | 286.85 Bn | 277.73 Bn | 6.52 Bn | 16.40% |
| 2 | Walt Disney | 176.45 Bn | 177.38 Bn | 10.75 Bn | 26.79% |
| 3 | Warner Bros. Discovery | 71.03 Bn | 68.89 Bn | 4.25 Bn | 6.86% |
| 4 | Live Nation Entertainment | 40.94 Bn | 32.48 Bn | 1.31 Bn | 7.79% |
| 5 | Liberty Media | 29.72 Bn | 29.06 Bn | 298.00 Mn | 8.62% |
| 6 | Roku | 20.90 Bn | 18.52 Bn | 564.94 Mn | 3.32% |
| 7 | TKO Group Holdings | 20.86 Bn | 19.17 Bn | 862.52 Mn | 12.05% |
| 8 | Fox | 20.85 Bn | 17.36 Bn | - | 25.85% |
| 9 | News | 16.48 Bn | 15.01 Bn | - | 35.98% |
| 10 | Madison Square Garden Sports | 9.53 Bn | 9.53 Bn | 77.70 Mn | -50.32% |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | -50.32% |
| Mar 31, 2026 | -50.32% |
| Mar 31, 2026 | -50.32% |
| Dec 31, 2025 | 44.90% |
| Dec 31, 2025 | 44.90% |
| Dec 31, 2025 | 44.90% |
| Sep 30, 2025 | 49.30% |
| Sep 30, 2025 | 49.30% |
| Sep 30, 2025 | 49.30% |
| Jun 30, 2025 | 93.44% |
| Jun 30, 2025 | 93.44% |
| Jun 30, 2025 | 93.44% |
| Mar 31, 2025 | 162.87% |
| Mar 31, 2025 | 162.87% |
| Mar 31, 2025 | 162.87% |
| Dec 31, 2024 | 38.58% |
| Dec 31, 2024 | 38.58% |
| Dec 31, 2024 | 38.58% |
| Sep 30, 2024 | 48.31% |
| Sep 30, 2024 | 48.31% |