Madison Square Garden Entertainment profit margin MSGE
Gross, operating and net profit as a share of revenue over the last twelve months, from 2022.
- Net margin, 12 months
- 6.2%
- Operating margin, 12 months
- 13.3%
- Net margin on a year earlier
- +2.3 pts
- Peer median
- 5.8%
Over the twelve months to Jun 30, 2026, Madison Square Garden Entertainment kept 6.2% of its revenue as net profit, with an operating margin of 13.3%.
The median for 10 entertainment stocks of a similar size is 5.8%.
Profit margin over time
Fiscal year by fiscal year
| Fiscal year | Net margin | Operating margin |
|---|---|---|
| FY2026 | 6.2% | 13.3% |
| FY2025 | 4.0% | 13.0% |
| FY2024 | 15.0% | 11.7% |
| FY2023 | 9.0% | 12.3% |
| FY2022 | n/a | n/a |
Quarter by quarter
| Quarter | Ended | Net margin, 12 months | Change on a year | Operating margin |
|---|---|---|---|---|
| Q4 FY26 | 6.2% | +2.3 pts | 13.3% | |
| Q3 FY26 | 4.8% | −8.7 pts | 12.2% | |
| Q2 FY26 | 5.1% | −8.0 pts | 13.4% | |
| Q1 FY26 | 3.6% | −14.7 pts | 11.5% | |
| Q4 FY25 | 4.0% | −11.1 pts | 13.0% | |
| Q3 FY25 | 13.5% | +7.8 pts | 14.3% | |
| Q2 FY25 | 13.1% | +5.1 pts | 13.4% | |
| Q1 FY25 | 18.4% | +13.2 pts | 13.3% | |
| Q4 FY24 | 15.0% | +6.0 pts | 11.7% | |
| Q3 FY24 | 5.7% | +2.4 pts | 10.7% | |
| Q2 FY24 | 8.0% | +7.6 pts | 12.0% | |
| Q1 FY24 | 5.2% | n/a | 9.8% |
Against its peers
Companies in Entertainment nearest Madison Square Garden Entertainment's size, closest first, today.
| Company | Profit margin |
|---|---|
| MSGEMadison Square Garden Entertainment | 6.2% |
| RSIRush Street Interactive | 2.3% |
| CNKCinemark | 6.4% |
| NXSTNexstar Media | 3.2% |
| MTNVail Resorts | 5.2% |
| ADEAAdeia | 26.1% |
| CHDNChurchill Downs | 13.8% |
| PRSUPursuit Attractions & Hospitality | 7.9% |
| PRKSUnited Parks & Resorts | 8.1% |
| SBGISinclair | 1.6% |
| ACELAccel Entertainment | 4.1% |
| Peer median | 5.8% |
Where Madison Square Garden Entertainment ranks
What the profit margin tells you
Profit as a share of revenue at three levels: gross (after making the product), operating (after running the business) and net (after everything, including tax and interest).
Compare within an industry. 10% is superb for a retailer and poor for a software company.
More on Madison Square Garden Entertainment
Valuation data, not investment advice. Prices as of . Reported figures come from the company's filings with the SEC.