Madison Square Garden Sports (MSGS) Tax Rate (2014 - 2026)
Madison Square Garden Sports posted quarterly Tax Rate of 50.32% for Q1 2026, down 21318.0% year-on-year from N/an in Q1 2025, and down 212.06% on a QoQ basis from 44.9% in Q4 2025.
Madison Square Garden Sports (MSGS) has 13 years of Tax Rate data on file, last reported at 50.32% in Q1 2026.
- For the quarter ending Q1 2026, Tax Rate fell 21318.0% year-over-year to 50.32%; the trailing twelve-month figure through Mar 2026 stood at 47.86% (down 4294.0% YoY), and the FY2025 full-year result was 29.91%, down 7429.0% from the prior year.
- Tax Rate for Q1 2026 stood at 50.32%, 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.
- The 5-year median for Tax Rate is 45.33% (2023), against an average of 45.09%.
- The widest annual swing landed in 2022, when Tax Rate sank 33326 bps; it then surged 11555 bps in 2025.
- A 5-year view of Tax Rate shows it stood at 52.93% in 2022, then dropped by 19 bps to 43.12% in 2023, then fell by 11 bps to 38.58% in 2024, then rose by 16 bps to 44.9% in 2025, then slumped by 212 bps to 50.32% in 2026.
- The last three Tax Rate figures came in at 50.32% (Q1 2026), 44.9% (Q4 2025), and 49.3% (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Tax Rate (Qtr) |
|---|---|---|---|---|---|
| 1 | Netflix | 362.63 Bn | 350.34 Bn | 11.41 Bn | 19.31 |
| 2 | Walt Disney | 181.67 Bn | 188.27 Bn | 23.68 Bn | 26.79 |
| 3 | Warner Bros. Discovery | 67.91 Bn | 65.77 Bn | 4.25 Bn | 6.86 |
| 4 | Live Nation Entertainment | 39.56 Bn | 31.10 Bn | 1.31 Bn | 7.79 |
| 5 | Fox | 26.01 Bn | 22.51 Bn | - | 25.85 |
| 6 | Liberty Media | 21.20 Bn | 21.87 Bn | 298.00 Mn | 8.62 |
| 7 | Roku | 19.03 Bn | 16.65 Bn | 564.94 Mn | 3.27 |
| 8 | News | 16.98 Bn | 15.50 Bn | - | 35.98 |
| 9 | TKO Group Holdings | 16.11 Bn | 14.42 Bn | 862.52 Mn | 12.04 |
| 10 | Madison Square Garden Sports | 9.12 Bn | 9.01 Bn | 77.70 Mn | -50.32 |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | -50.32 |
| Mar 31, 2026 | -50.32 |
| Dec 31, 2025 | 44.90 |
| Dec 31, 2025 | 44.90 |
| Sep 30, 2025 | 49.30 |
| Sep 30, 2025 | 49.30 |
| Jun 30, 2025 | 93.44 |
| Jun 30, 2025 | 93.44 |
| Mar 31, 2025 | 162.87 |
| Mar 31, 2025 | 162.87 |
| Dec 31, 2024 | 38.58 |
| Dec 31, 2024 | 38.58 |
| Sep 30, 2024 | 48.31 |
| Sep 30, 2024 | 48.31 |
| Jun 30, 2024 | 40.34 |
| Jun 30, 2024 | 40.34 |
| Mar 31, 2024 | 47.32 |
| Mar 31, 2024 | 47.32 |
| Dec 31, 2023 | 43.12 |
| Dec 31, 2023 | 43.12 |
| Sep 30, 2023 | 44.59 |
| Sep 30, 2023 | 44.59 |
| Jun 30, 2023 | 22.34 |
| Jun 30, 2023 | 22.34 |
| Mar 31, 2023 | 45.33 |
| Mar 31, 2023 | 45.33 |
| Dec 31, 2022 | 52.93 |
| Dec 31, 2022 | 52.93 |
| Sep 30, 2022 | 52.52 |
| Sep 30, 2022 | 52.52 |
| Jun 30, 2022 | -28.36 |
| Jun 30, 2022 | -28.36 |
| Mar 31, 2022 | 59.40 |
| Mar 31, 2022 | 59.40 |
| Dec 31, 2021 | 52.97 |
| Dec 31, 2021 | 52.97 |
| Sep 30, 2021 | 55.63 |
| Sep 30, 2021 | 55.63 |
| Jun 30, 2021 | 304.90 |
| Jun 30, 2021 | 304.90 |
| Mar 31, 2021 | 1.03 |
| Mar 31, 2021 | 1.03 |
| Dec 31, 2020 | -0.42 |
| Dec 31, 2020 | -0.42 |
| Sep 30, 2020 | 1.69 |
| Sep 30, 2020 | 1.69 |
| Jun 30, 2020 | -67.14 |
| Jun 30, 2020 | -67.14 |
| Mar 31, 2020 | 57.23 |
| Mar 31, 2020 | 57.23 |
| Dec 31, 2019 | -313.69 |
| Dec 31, 2019 | -313.69 |
| Sep 30, 2019 | 32.67 |
| Sep 30, 2019 | 32.67 |
| Jun 30, 2019 | 16.89 |
| Jun 30, 2019 | 16.89 |
| Mar 31, 2019 | 24.78 |
| Mar 31, 2019 | 24.78 |
| Dec 31, 2018 | 0.86 |
| Dec 31, 2018 | 0.86 |
| Sep 30, 2018 | -2.09 |
| Sep 30, 2018 | -2.09 |
| Jun 30, 2018 | -61.70 |
| Jun 30, 2018 | -61.70 |
| Mar 31, 2018 | 7.70 |
| Mar 31, 2018 | 7.70 |
| Dec 31, 2017 | -164.18 |
| Dec 31, 2017 | -164.18 |
| Sep 30, 2017 | -7.54 |
| Sep 30, 2017 | -7.54 |
| Jun 30, 2017 | 5.57 |
| Jun 30, 2017 | 5.57 |
| Mar 31, 2017 | -2.53 |
| Mar 31, 2017 | -2.53 |
| Dec 31, 2016 | 5.35 |
| Dec 31, 2016 | 5.35 |
| Sep 30, 2016 | 9.21 |
| Sep 30, 2016 | 9.21 |
| Jun 30, 2016 | -0.21 |
| Jun 30, 2016 | -0.21 |
| Mar 31, 2016 | -0.20 |
| Mar 31, 2016 | -0.20 |
| Dec 31, 2015 | -0.16 |
| Dec 31, 2015 | -0.16 |
| Sep 30, 2015 | -8.24 |
| Sep 30, 2015 | -8.24 |
| Jun 30, 2015 | -11.90 |
| Jun 30, 2015 | -11.90 |
| Mar 31, 2015 | 1.11 |
| Mar 31, 2015 | 1.11 |
| Dec 31, 2014 | 2.26 |
| Dec 31, 2014 | 2.26 |
| Sep 30, 2014 | -0.59 |
| Sep 30, 2014 | -0.59 |