Madison Square Garden Sports (MSGS) Tax Rate (2014 - 2026)
Madison Square Garden Sports' (MSGS) quarterly Tax Rate came in at 50.32% in Q1 2026, down 21318.0% YoY 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) Tax Rate (2014 - 2026) Analysis & Trends
Madison Square Garden Sports (MSGS) has 13 years of Tax Rate data on file, last reported at 50.32% in 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 eased to 50.32% in Q1 2026, from 44.9% in the prior quarter.
- In the past five years, Tax Rate ranged from a high of 162.87% in Q1 2025 to a low of 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 tumbled 33326 bps — and 2025, when it surged 11555 bps.
- Tracing MSGS's Tax Rate over 5 years: stood at 52.93% in 2022, then slipped by 19 bps to 43.12% in 2023, then declined by 11 bps to 38.58% in 2024, then increased by 16 bps to 44.9% in 2025, then tumbled 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.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Tax Rate (Qtr) |
|---|---|---|---|---|---|
| 1 | Netflix | 325.80 Bn | 316.67 Bn | 6.52 Bn | 16.40% |
| 2 | Walt Disney | 180.88 Bn | 175.70 Bn | 11.57 Bn | 21.98% |
| 3 | Warner Bros. Discovery | 71.60 Bn | 68.23 Bn | 4.10 Bn | 159.78% |
| 4 | Live Nation Entertainment | 41.97 Bn | 32.90 Bn | 1.94 Bn | 22.31% |
| 5 | Fox | 26.42 Bn | 22.22 Bn | - | 24.43% |
| 6 | Liberty Media | 23.42 Bn | 21.96 Bn | 329.00 Mn | 75.76% |
| 7 | Roku | 23.35 Bn | 20.80 Bn | 673.70 Mn | 3.07% |
| 8 | News | 18.65 Bn | 16.55 Bn | - | 17.27% |
| 9 | TKO Group Holdings | 14.38 Bn | 12.83 Bn | 990.96 Mn | 14.72% |
| 10 | Madison Square Garden Sports | 9.70 Bn | 9.54 Bn | 119.21 Mn | 15.96% |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 15.96% |
| Jun 30, 2026 | 15.96% |
| Jun 30, 2026 | 15.96% |
| 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% |