Growth Metrics

Madison Square Garden Sports (MSGS) Tax Rate (2014 - 2026)

Madison Square Garden Sports posted quarterly Tax Rate of 50.32% for Q1 2026, down 21318.0% year-on-year 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) has 13 years of Tax Rate data on file, last reported 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.
  • Across five years, Tax Rate topped out at 162.87% in Q1 2025 and bottomed at 50.32% in Q1 2026.
  • The 5-year median for Tax Rate is 45.33% (2023), against an average of 45.09%.
  • The widest annual swing landed in 2022, when Tax Rate sank 33326 bps; it then surged 11555 bps in 2025.
  • A 5-year view of Tax Rate shows it stood at 52.93% in 2022, then dropped by 19 bps to 43.12% in 2023, then fell by 11 bps to 38.58% in 2024, then rose by 16 bps to 44.9% in 2025, then slumped 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 362.63 Bn 350.34 Bn 11.41 Bn 19.31
2 Walt Disney 181.67 Bn 188.27 Bn 23.68 Bn 26.79
3 Warner Bros. Discovery 67.91 Bn 65.77 Bn 4.25 Bn 6.86
4 Live Nation Entertainment 39.56 Bn 31.10 Bn 1.31 Bn 7.79
5 Fox 26.01 Bn 22.51 Bn - 25.85
6 Liberty Media 21.20 Bn 21.87 Bn 298.00 Mn 8.62
7 Roku 19.03 Bn 16.65 Bn 564.94 Mn 3.27
8 News 16.98 Bn 15.50 Bn - 35.98
9 TKO Group Holdings 16.11 Bn 14.42 Bn 862.52 Mn 12.04
10 Madison Square Garden Sports 9.12 Bn 9.01 Bn 77.70 Mn -50.32

Historic Data

Download Data 🔒
DateValue
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
Sep 30, 2023 44.59
Sep 30, 2023 44.59
Jun 30, 2023 22.34
Jun 30, 2023 22.34
Mar 31, 2023 45.33
Mar 31, 2023 45.33
Dec 31, 2022 52.93
Dec 31, 2022 52.93
Sep 30, 2022 52.52
Sep 30, 2022 52.52
Jun 30, 2022 -28.36
Jun 30, 2022 -28.36
Mar 31, 2022 59.40
Mar 31, 2022 59.40
Dec 31, 2021 52.97
Dec 31, 2021 52.97
Sep 30, 2021 55.63
Sep 30, 2021 55.63
Jun 30, 2021 304.90
Jun 30, 2021 304.90
Mar 31, 2021 1.03
Mar 31, 2021 1.03
Dec 31, 2020 -0.42
Dec 31, 2020 -0.42
Sep 30, 2020 1.69
Sep 30, 2020 1.69
Jun 30, 2020 -67.14
Jun 30, 2020 -67.14
Mar 31, 2020 57.23
Mar 31, 2020 57.23
Dec 31, 2019 -313.69
Dec 31, 2019 -313.69
Sep 30, 2019 32.67
Sep 30, 2019 32.67
Jun 30, 2019 16.89
Jun 30, 2019 16.89
Mar 31, 2019 24.78
Mar 31, 2019 24.78
Dec 31, 2018 0.86
Dec 31, 2018 0.86
Sep 30, 2018 -2.09
Sep 30, 2018 -2.09
Jun 30, 2018 -61.70
Jun 30, 2018 -61.70
Mar 31, 2018 7.70
Mar 31, 2018 7.70
Dec 31, 2017 -164.18
Dec 31, 2017 -164.18
Sep 30, 2017 -7.54
Sep 30, 2017 -7.54
Jun 30, 2017 5.57
Jun 30, 2017 5.57
Mar 31, 2017 -2.53
Mar 31, 2017 -2.53
Dec 31, 2016 5.35
Dec 31, 2016 5.35
Sep 30, 2016 9.21
Sep 30, 2016 9.21
Jun 30, 2016 -0.21
Jun 30, 2016 -0.21
Mar 31, 2016 -0.20
Mar 31, 2016 -0.20
Dec 31, 2015 -0.16
Dec 31, 2015 -0.16
Sep 30, 2015 -8.24
Sep 30, 2015 -8.24
Jun 30, 2015 -11.90
Jun 30, 2015 -11.90
Mar 31, 2015 1.11
Mar 31, 2015 1.11
Dec 31, 2014 2.26
Dec 31, 2014 2.26
Sep 30, 2014 -0.59
Sep 30, 2014 -0.59