Madison Square Garden Sports (MSGS) Tax Rate (2014 - 2026)
Madison Square Garden Sports (MSGS) reported Tax Rate of 50.32% for Q1 2026, down 21318.0% on a YoY basis from N/an in Q1 2025, and down 212.06% quarter-over-quarter from 44.9% in Q4 2025.
Madison Square Garden Sports (MSGS) Tax Rate (2014 - 2026) Analysis & Trends
Madison Square Garden Sports has reported Tax Rate for 13 years, with the latest figure 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.
- The five-year high for Tax Rate was 162.87% in Q1 2025, with the low at 50.32% in Q1 2026.
- Historically, Tax Rate has averaged 45.09% across 5 years, with a median of 45.33% in 2023.
- Annual changes were most pronounced in 2022 — Tax Rate tumbled 33326 bps — and 2025, when it surged 11555 bps.
- Madison Square Garden Sports' Tax Rate 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.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Tax Rate (Qtr) |
|---|---|---|---|---|---|
| 1 | Netflix | 327.69 Bn | 315.40 Bn | 11.41 Bn | 19.31 |
| 2 | Walt Disney | 184.70 Bn | 191.31 Bn | 23.68 Bn | 26.79 |
| 3 | Warner Bros. Discovery | 65.23 Bn | 63.09 Bn | 4.25 Bn | 6.86 |
| 4 | Brera Holdings | 53.07 Bn | 53.07 Bn | - | - |
| 5 | Live Nation Entertainment | 39.71 Bn | 31.25 Bn | 1.31 Bn | 7.79 |
| 6 | Liberty Media | 21.13 Bn | 21.80 Bn | 298.00 Mn | 8.62 |
| 7 | Fox | 20.41 Bn | 16.92 Bn | - | 25.85 |
| 8 | Roku | 20.39 Bn | 18.01 Bn | 564.94 Mn | 3.27 |
| 9 | News | 15.92 Bn | 14.45 Bn | - | 35.98 |
| 10 | Madison Square Garden Sports | 8.94 Bn | 8.83 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% |