Growth Metrics

Madison Square Garden Sports (MSGS) Tax Rate (2016 - 2026)

Madison Square Garden Sports filings provide 12 years of Tax Rate readings, the most recent being 44.9% for Q4 2025.

  • On a quarterly basis, Tax Rate rose 631.0% to 44.9% in Q4 2025 year-over-year; TTM through Dec 2025 was 140.59%, a 18468.0% decrease, with the full-year FY2025 number at 29.91%, down 7429.0% from a year prior.
  • Tax Rate hit 44.9% in Q4 2025 for Madison Square Garden Sports, down from 49.3% in the prior quarter.
  • In the past five years, Tax Rate ranged from a high of 304.9% in Q2 2021 to a low of 28.36% in Q2 2022.
  • Median Tax Rate over the past 5 years was 47.81% (2024), compared with a mean of 61.57%.
  • Biggest five-year swings in Tax Rate: skyrocketed 37204bps in 2021 and later tumbled -33326bps in 2022.
  • Madison Square Garden Sports' Tax Rate stood at 52.97% in 2021, then decreased by 0bps to 52.93% in 2022, then decreased by -19bps to 43.12% in 2023, then dropped by -11bps to 38.58% in 2024, then grew by 16bps to 44.9% in 2025.
  • The last three reported values for Tax Rate were 44.9% (Q4 2025), 49.3% (Q3 2025), and 93.44% (Q2 2025) per Business Quant data.