Madison Square Garden Sports (MSGS) Tax Rate (2014 - 2026)
Madison Square Garden Sports' Tax Rate was 15.96% in fiscal Q4 2026 (quarter ended Jun 30, 2026), down 77.48 percentage points from 93.44% a year earlier but up 66.27 percentage points from the prior quarter.
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Analysis
Madison Square Garden Sports (MSGS) Tax Rate (2014 - 2026) Analysis & Trends
For FY2026 (ended Jun 30, 2026), Tax Rate at Madison Square Garden Sports came in at 56.85%, up 86.76 percentage points from FY2025.
- Tax Rate shows a five-year change of -25.35 percentage points (FY2021 to FY2026).
- In earlier fiscal years, Tax Rate was -29.91% in FY2025 (-74.29 pp), 44.38% in FY2024 (-4.88 pp), 49.26% in FY2023 (+15.37 pp) and 33.89% in FY2022 (-48.32 pp).
- Quarterly Tax Rate has moved between -50.32% (fiscal Q3 2026) and 162.87% (fiscal Q3 2025) over five years.
- Compared with a year earlier, Tax Rate was higher in five of the last eight quarters, with an average year-over-year change of -14.44 percentage points.
- The best year-over-year quarter for Tax Rate over five years was fiscal Q3 2025 (a gain of 115.55 percentage points); the worst was fiscal Q4 2022 (a drop of 333.26 percentage points).
- Per Business Quant data, MSGS's Tax Rate in the three fiscal quarters before Q4 2026 was -50.32% (Q3 2026), 44.90% (Q2 2026) and 49.30% (Q1 2026).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Tax Rate (Qtr) |
|---|---|---|---|---|---|
| 1 | Las Vegas Sands | 24.82 Bn | 11.24 Bn | 1.48 Bn | 19.09% |
| 2 | DraftKings | 17.42 Bn | 13.08 Bn | 551.45 Mn | - |
| 3 | Flutter Entertainment | 12.92 Bn | 6.67 Bn | 1.71 Bn | - |
| 4 | Madison Square Garden Sports | 9.97 Bn | 9.56 Bn | 119.21 Mn | 15.96% |
| 5 | Life Time Group Holdings | 8.95 Bn | 8.18 Bn | 412.26 Mn | 24.66% |
| 6 | Wynn Resorts | 8.09 Bn | 1.64 Bn | 758.95 Mn | 8.15% |
| 7 | MGM Resorts International | 7.93 Bn | -255.39 Mn | 1.98 Bn | 21.94% |
| 8 | Caesars Entertainment | 6.03 Bn | 2.66 Bn | 1.50 Bn | - |
| 9 | Super Group (SGHC) | 5.86 Bn | 3.85 Bn | - | - |
| 10 | Churchill Downs | 5.31 Bn | 4.58 Bn | 419.00 Mn | 26.22% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 15.96% |
| Dec 31, 2025 | 44.90% |
| Mar 31, 2025 | 162.87% |
| Dec 31, 2024 | 38.58% |
| Jun 30, 2024 | 40.34% |
| Mar 31, 2024 | 47.32% |
| Dec 31, 2023 | 43.12% |
| Mar 31, 2023 | 45.33% |
| Dec 31, 2022 | 52.93% |
| Mar 31, 2022 | 59.40% |
| Dec 31, 2021 | 52.97% |
| Mar 31, 2021 | 1.03% |
| Mar 31, 2020 | 57.23% |
| Mar 31, 2019 | 24.78% |
| Dec 31, 2018 | 0.86% |
| Mar 31, 2018 | 7.70% |
| Dec 31, 2016 | 5.35% |
| Dec 31, 2014 | 2.26% |
API Access
Madison Square Garden Sports Tax Rate API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=tax-rate&ticker=MSGS&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "tax-rate", "ticker": "MSGS", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=tax-rate&ticker=MSGS&period=max&api_key=YOUR_API_KEY");
const data = await res.json();