Madison Square Garden Sports Corp. (MSGS)
Madison Square Garden Sports Corp. operates as a professional sports company in the United States. It owns and operates a portfolio of assets that consists of the New York Knickerbockers of the National Basketball Association (NBA) and the New York Rangers of the National Hockey League. The company's other professional franchises include development league teams, the Hartford Wolf Pack of the American Hockey League and the Westchester Knicks of the NBA G League. It also operates the Madison Square Garden Training Center, a professional sports team performance center in Greenburgh. The company was formerly known as The Madison Square Garden Company. Madison Square Garden Sports Corp. was incorporated in 2015 and is based in New York, New York.
- Symbol
- MSGS
- Exchange
- NYSE
- Sector
- Communication Services
- Industry
- Entertainment
- Market cap
- $9.58B
- 52 week range
- 207.9 - 438.93
Valuation
- Share price
- $394.80 (close of 2026-09-23)
- P/E (TTM)
- 1239.44x
- Price to book
- -36.38x
- Price to free cash flow
- 156.39x
- Enterprise value
- $10.58B
- Book value per share
- $-10.90
Price performance
| Period | Change |
|---|
| 1 day | -1.32% |
| 5 days | +0.39% |
| 1 month | -2.80% |
| 3 months | +6.53% |
| 6 months | +27.23% |
| Year to date | +52.64% |
| 1 year | +82.85% |
| 3 years | +118.56% |
| 5 years | +106.60% |
| 10 years | +222.60% |
| All time | +207.50% |
Profitability and growth
- Return on equity
- -2.95%
- Return on invested capital
- 2.55%
- Return on assets
- 0.50%
- Return on capital employed
- 3.22%
- Gross margin
- 27.74%
- Net margin
- 0.67%
- EBITDA margin
- 2.78%
- Revenue growth
- 11.03%
- Net income growth
- 134.58%
- Free cash flow growth
- -30.38%
Cash flow and balance sheet
- Free cash flow yield (TTM)
- 0.64%
- Current ratio
- 0.50x
- Net debt to EBITDA
- 23.57x
Latest reported year
- Period end
- 2026-06-30
- Fiscal year
- 2026
- Revenue
- $1.15B
- Cost of revenue
- $833.70M
- Gross profit
- $320.12M
- EBITDA
- $32.05M
- Net income
- $7.76M
- Earnings per share
- $0.32
- Shares outstanding
- 24.15M
Income statement by year
| Period end | Revenue | Gross profit | Net income | EPS |
|---|
| 2026-06-30 | $1.15B | $320.12M | $7.76M | $0.32 |
| 2025-06-30 | $1.04B | $284.10M | $-22.44M | $-0.93 |
| 2024-06-30 | $1.03B | $410.63M | $58.77M | $2.45 |
| 2023-06-30 | $887.45M | $338.64M | $47.79M | $1.90 |
| 2022-06-30 | $821.35M | $320.79M | $51.13M | $2.11 |
| 2021-06-30 | $415.72M | $133.83M | $-13.95M | $-0.58 |
| 2020-06-30 | $603.32M | $243.35M | $-182.39M | $-7.62 |
| 2019-06-30 | $729.40M | $289.32M | $11.43M | $0.48 |
| 2018-06-30 | $712.41M | $293.35M | $141.59M | $5.99 |
| 2017-06-30 | $1.32B | $458.03M | $-72.72M | $-2.18 |
Margins and returns by year
| Period end | Gross margin | Net margin | Return on equity | Return on capital |
|---|
| 2026-06-30 | 27.74% | 0.67% | -2.95% | 2.55% |
| 2025-06-30 | 27.34% | -2.16% | 7.97% | 1.27% |
| 2024-06-30 | 39.98% | 5.72% | -22.07% | 13.22% |
| 2023-06-30 | 38.16% | 5.39% | -14.17% | 5.73% |
| 2022-06-30 | 39.06% | 6.23% | -35.17% | 8.06% |
| 2021-06-30 | 32.19% | -3.36% | 6.91% | -4.61% |
| 2020-06-30 | 40.34% | -30.23% | 89.65% | -11.93% |
| 2019-06-30 | 39.67% | 1.57% | 0.43% | -1.80% |
| 2018-06-30 | 41.18% | 19.88% | 5.54% | -0.34% |
| 2017-06-30 | 34.74% | -5.52% | -3.01% | -2.06% |
Cash and debt by year
| Period end | Cash | Debt |
|---|
| 2026-06-30 | $164.51M | $242.00M |
| 2025-06-30 | $144.62M | $267.00M |
| 2024-06-30 | $89.14M | $275.00M |
| 2023-06-30 | $40.40M | $295.00M |
| 2022-06-30 | $91.02M | $220.00M |
| 2021-06-30 | $64.90M | $355.00M |
| 2020-06-30 | $77.85M | $350.00M |
| 2019-06-30 | $112.73M | - |
| 2018-06-30 | $1.09M | $101.33M |
| 2017-06-30 | $931.00K | $105.43M |
Free cash flow by year
| Period end | Free cash flow | Stock-based compensation |
|---|
| 2026-06-30 | $61.26M | $21.52M |
| 2025-06-30 | $87.99M | $17.93M |
| 2024-06-30 | $90.68M | $21.29M |
| 2023-06-30 | $151.29M | $25.20M |
| 2022-06-30 | $177.12M | $24.25M |
| 2021-06-30 | $-35.79M | $30.44M |
| 2020-06-30 | $-358.91M | $57.00M |
| 2019-06-30 | $-27.58M | $59.47M |
| 2018-06-30 | $25.71M | $47.56M |
| 2017-06-30 | $179.31M | $41.13M |
Dividend history
- Most recent payment
- 2022-10-14
| Payment date | Dividend per share |
|---|
| 2022-10-14 | $7.00 |
Investor relations
Next earnings report
- Next confirmed report
- 2026-10-30
Past earnings dates
| Reported | Fiscal period | EPS estimate |
|---|
| 2026-08-13 | Jun/2026 | $0.78 |
| 2026-05-08 | - | - |
| 2026-02-05 | - | - |
| 2025-10-31 | - | - |
| 2025-08-12 | - | - |
| 2025-05-02 | - | - |
| 2025-02-04 | - | - |
| 2024-11-01 | - | - |
Filings and sources
- Company website
- msgsports.com
- SEC filings
- 10-K, 10-Q and 8-K on EDGAR
- Earnings calendar
- All upcoming reports
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Understanding these figures
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