Madison Square Garden Sports Corp.

Madison Square Garden Sports Corp.

MSGS
Madison Square Garden Sports Corp.US flagNew York Stock Exchange
391.16
USD
+4.09
- -
9.42BMarket Cap
Madison Square Garden Sports Corp.
MSGS
(New York Stock Exchange)

Recent

price

391.16

P/E

ratio

- -

div

yld

- -

ROIC.AI

2012
2013
2014
2015
2016
2017
2018
2019
2020
2021
2022
2023
2024
2025
2026
TTM
FRC
28.35
28.12
35.53
43.02
45.06
55.27
30.14
30.69
25.2
17.23
33.88
36.84
42.78
43.14
47.77
47.77
Revenue per Share
-1.41
-2.27
-4.55
-1.63
-3.12
-3.05
5.99
0.48
-7.62
-0.58
2.11
1.98
2.45
-0.93
0.32
0.32
Basic EPS, GAAP
4.12
2.26
5.33
2.78
5.08
9.37
9.21
6.78
0.15
-1.46
7.34
6.33
3.84
3.8
2.59
2.59
Free Cash Flow per Basic Share
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
7.1
0.03
0.03
0.02
0.02
Dividend per Share
- -
36.81
47.83
49.11
106.41
102.28
107.18
110.3
-8.63
-8.47
-6.07
-14.11
-11.12
-11.72
-10.94
-10.94
Book Value per Share
- -
17.86
28.95
30.39
87.49
68.14
72.85
95.76
-22.87
-22.6
-20.09
-27.93
-24.9
-25.46
-24.65
-24.65
Tangible Book Value per Share
26
26
26
25
25
24
24
24
24
24
24
24
24
24
24
24
Basic Weighted Avg Shares
729
723
914
1,072
1,115
1,318
712
729
603
416
821
887
1,027
1,039
1,154
1,154
Sales/Revenue/Turnover
-4.96
-8.17
-12.48
-0.04
-5.26
-4.27
-2.55
-7.98
-15.56
-18.87
10.48
9.6
14.22
1.42
2.68
2.68
Operating Margin (%)
63
73
92
109
102
107
122
119
93
6
5
4
3
3
3
3
Depreciation Expense
-36
-58
-117
-41
-77
-73
142
11
-182
-14
51
48
59
-22
8
8
Net Income, GAAP
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
33.89
49.26
44.38
- -
56.85
56.85
Effective Tax Rate (%)
-4.98
-8.06
-12.8
-3.8
-6.93
-5.52
19.88
1.57
-30.23
-3.36
6.23
5.39
5.72
-2.16
0.67
0.67
Profit Margin (%)
- -
-338
-391
-365
989
688
650
653
-162
-183
-233
-371
-305
-312
-319
-319
Working Capital
- -
- -
- -
- -
- -
105
101
- -
1,029
1,046
920
1,041
1,025
1,108
1,086
1,086
LT Debt
- -
917
1,191
1,223
2,586
2,500
2,631
2,706
-203
-202
-145
-337
-266
-281
-263
-263
Total Equity
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
6.45
5.3
10.01
- -
1.48
1.48
Return on Invested Capital (%)
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
6.93
7.55
9.13
- -
1.87
1.87
Return on Capital (%)
- -
-12.71
-11.09
-3.37
-4.06
-2.91
5.73
0.44
- -
- -
- -
- -
- -
- -
- -
- -
Return on Common Equity (%)

Capital Structure

FRC

in mil. unless spec.
Dec'26
Mar'26
Jun'26
ST Debt
80
73
74
LT Borrowings
267
242
242
LT Finance Leases
841
852
844
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
24
24
24
Market Capitalization
6,226
7,738
9,675

Working Capital

FRC

in mil. unless spec.
Dec'26
Mar'26
Jun'26
Total Current Assets
300
296
323
Cash, Cash Equivalents & STI
81
107
165
Accounts Receivable, Net
90
77
52
Inventories
- -
- -
- -
Total Current Liabilities
642
638
642
Payables & Accruals
213
289
243
ST Debt
80
73
74
Deferred Revenue
249
102
165

Growth Rates

FRC

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
-2.13%
16.44%
-6.45%
Free Cash Flow
-182.89%
-138.03%
-31.6%
Net Income, GAAP
-290.38%
-144.55%
-134.58%
Sales/Revenue/Turnover
5.98%
26.71%
11.03%
Total Cash Common Dividend
- -
- -
-25.43%

Quarterly Revenue

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
43
327
430
227
1,027
2025
53
358
424
204
1,039
2026
39
403
432
279
1,154

Quarterly Earnings Per Share

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
-0.79
0.59
1.58
1.06
2.45
2025
-0.31
0.05
-0.59
-0.07
-0.93
2026
-0.36
0.34
-0.83
1.17
0.32

Quarterly Dividends Per Share

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
0.02
- -
- -
- -
0.03
2025
0.02
0.01
- -
- -
0.03
2026
0.01
0.01
- -
- -
0.02
Business
Madison Square Garden Sports Corp. operates as a professional sports and entertainment holding company primarily engaged in owning, operating, and marketing sports franchises and associated properties. Its core assets include the New York Knicks of the National Basketball Association (NBA), the New York Rangers of the National Hockey League (NHL), the Westchester Knicks of the NBA G League, and the Hartford Wolf Pack of the American Hockey League (AHL). The company also operates the MSG Training Center in Greenburgh, New York, a state-of-the-art performance facility for its teams. MSG Sports generates revenue through ticket sales, suite rentals, sponsorships, media rights partnerships, and merchandise. It also engages in multi-platform marketing and brand partnerships, including recent naming rights and jersey patch sponsorships. In the latest developments, Madison Square Garden Sports Corp. has announced a multi-year marketing partnership with GAME 7, marking it as the first-ever jersey patch partner of the New York Rangers. The company benefits from strong season ticket renewals and suite business growth, including several renovated Lexus-level suites at Madison Square Garden Arena. MSG Sports is actively expanding its digital and technology infrastructure through partnerships such as the multi-year deal with Cisco, enhancing network operation and fan experience at its venues. The company reported strong operational performance for the fiscal 2026 first quarter, reflecting ongoing demand for its key sports teams and confidence in long-term shareholder value creation. These developments reflect a focus on leveraging marquee sports franchises and venue assets while expanding commercial partnerships and technology integration. Founded in 2015 and headquartered in New York City, Madison Square Garden Sports Corp. operates primarily in the United States, with a focus on the New York metropolitan area markets. It is distinct from Madison Square Garden Entertainment, a related company focused on venue management and live entertainment. MSG Sports targets professional sports fans, corporate clients, and sponsors in its business model while maintaining a prominent position in the sports and entertainment industry through iconic teams and modernized sports facilities. This detailed overview incorporates Madison Square Garden Sports Corp.’s main products and services along with its most recent strategic moves, partnerships, and operational highlights as of late 2025.

Company News

  • MSG Sports Files to Spin Off Rangers from Knicks

  • MSG Sports Publicly Files Form 10 Registration Statement for Proposed Spin-Off of Rangers Business from Knicks Business

  • Madison Square Garden Q4 Earnings Call Highlights

  • Madison Square Garden Sports: Knicks' Win Doesn't Support An Investment Case

  • Madison Square Garden Sports Corp. (MSGS) Q4 2026 Earnings Call Transcript

  • Madison Square Garden (MSGS) Beats Q4 Earnings and Revenue Estimates

  • Madison Square Garden Sports Corp. Reports Fiscal 2026 Fourth Quarter and Full-Year Results

  • Madison Square Garden Sports Corp. to Host Fiscal 2026 Fourth Quarter and Year-End Conference Call

  • Madison Square Garden Sports Corp. to Host Fiscal 2026 Fourth Quarter and Year-End Conference Call

  • Empowered Funds LLC Increases Stake in The Madison Square Garden Company $MSGS

  • Quentin Dolan Named President, Chief Operating Officer, and Alternate Governor of the New York Rangers

  • MSG Entertainment and MSG Sports Announce Renewed and Expanded Multi-Year Marketing Partnership With Lexus

  • MSG Entertainment and MSG Sports Announce Renewed and Expanded Multi-Year Marketing Partnership With Lexus

  • EXCLUSIVE: Knicks Title Validates FMTM's 'Entirely Data-Driven' Bet On MSGS

  • Strength Seen in Madison Square Garden (MSGS): Can Its 3.8% Jump Turn into More Strength?

  • Buy MSGE or MSGS Stock After the Knicks' First Championship in 53 Years?

  • The New York Knicks Championship and the End of the ‘Dolan Discount'

  • Madison Square Garden Sports: The Knicks Are On The Verge Of Something Special

  • MSG Sports Is Winning Big On Wall Street

  • The Knicks' stock hits record high on historic NBA Finals lead