Madison Square Garden Sports (MSGS) Tax Rate (2014 - 2026)
Madison Square Garden Sports' (MSGS) quarterly Tax Rate came in at 15.96% in Q2 2026, down 7748.0% on a YoY basis from 0.21% in Q2 2025, and up 131.72% quarter-over-quarter from 50.32% in Q1 2026.
Analysis
Madison Square Garden Sports (MSGS) Tax Rate (2014 - 2026) Analysis & Trends
Madison Square Garden Sports (MSGS) has reported Tax Rate for 13 consecutive years, with 15.96% the latest figure, recorded in Q2 2026.
- For the quarter ending Q2 2026, Tax Rate fell 7748.0% year-over-year to 15.96%; the trailing twelve-month figure through Jun 2026 stood at 56.85% (up 8676.0% YoY), and the FY2026 full-year result was 56.85%, up 8676.0% from the prior year.
- Tax Rate climbed to 15.96% in Q2 2026 per MSGS's latest filing, from 50.32% 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.
- Historically, Tax Rate has averaged 43.48% across 5 years, with a median of 45.12% in 2025.
- The sharpest annual moves came in 2022 and 2025: Tax Rate plunged 33326 bps in 2022, then soared 11555 bps in 2025.
- Over 5 years, 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 64 bps to 15.96% in 2026.
- According to Business Quant data, Tax Rate over the past three periods registered 15.96%, 50.32%, and 44.9% for Q2 2026, Q1 2026, and Q4 2025 respectively.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Tax Rate (Qtr) |
|---|---|---|---|---|---|
| 1 | Madison Square Garden Sports | 9.43 Bn | 9.27 Bn | 119.21 Mn | 15.96% |
| 2 | Sphere Entertainment | 5.15 Bn | 4.60 Bn | 162.58 Mn | 41.26% |
| 3 | Vail Resorts | 4.74 Bn | 4.36 Bn | - | 23.69% |
| 4 | Atlanta Braves Holdings | 3.58 Bn | 3.40 Bn | 53.08 Mn | 9.35% |
| 5 | Manchester United | 3.54 Bn | 3.45 Bn | 209.64 Mn | -22.59% |
| 6 | Lucky Strike Entertainment | 793.15 Mn | 753.79 Mn | 199.97 Mn | 32.28% |
| 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 | 43.00% |
| 9 | Rci Hospitality Holdings | 221.02 Mn | 194.61 Mn | - | 24.68% |
| 10 | Aureus Greenway Holdings | 181.97 Mn | 139.22 Mn | - | 65.93% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 15.96% |
| Mar 31, 2026 | -50.32% |
| Dec 31, 2025 | 44.90% |
| Sep 30, 2025 | 49.30% |
| Jun 30, 2025 | 93.44% |
| Mar 31, 2025 | 162.87% |
| Dec 31, 2024 | 38.58% |
| Sep 30, 2024 | 48.31% |
| Jun 30, 2024 | 40.34% |
| Mar 31, 2024 | 47.32% |
| Dec 31, 2023 | 43.12% |
| Sep 30, 2023 | 44.59% |
| Jun 30, 2023 | 22.34% |
| Mar 31, 2023 | 45.33% |
| Dec 31, 2022 | 52.93% |
| Sep 30, 2022 | 52.52% |
| Jun 30, 2022 | -28.36% |
| Mar 31, 2022 | 59.40% |
| Dec 31, 2021 | 52.97% |
| Sep 30, 2021 | 55.63% |