SuperworthMadison Square Garden Sports profit margin MSGS
Gross, operating and net profit as a share of revenue over the last twelve months, from 2015.
- Net margin, 12 months
- 0.7%
- Operating margin, 12 months
- 2.5%
- Net margin on a year earlier
- +2.8 pts
- Peer median
- 6.6%
Over the twelve months to Jun 30, 2026, Madison Square Garden Sports kept 0.7% of its revenue as net profit, with an operating margin of 2.5%.
Five years earlier its net margin was −3.4%.
The median for 10 entertainment stocks of a similar size is 6.6%.
Profit margin over time
Fiscal year by fiscal year
| Fiscal year | Net margin | Operating margin |
|---|---|---|
| FY2026 | 0.7% | 2.5% |
| FY2025 | −2.2% | 1.4% |
| FY2024 | 5.7% | 14.2% |
| FY2023 | 5.4% | 9.6% |
| FY2022 | 6.2% | 10.5% |
| FY2021 | −3.4% | −18.9% |
| FY2020 | −30.2% | −15.6% |
| FY2019 | 1.6% | −8.0% |
| FY2018 | 9.1% | 1.5% |
| FY2017 | −5.5% | −4.6% |
| FY2016 | −6.9% | −5.3% |
| FY2015 | −3.8% | −0.0% |
Quarter by quarter
| Quarter | Ended | Net margin, 12 months | Change on a year | Operating margin |
|---|---|---|---|---|
| Q4 FY26 | 0.7% | +2.8 pts | 2.5% | |
| Q3 FY26 | −2.1% | −2.5 pts | −2.4% | |
| Q2 FY26 | −1.5% | −6.9 pts | 0.4% | |
| Q1 FY26 | −2.3% | −9.1 pts | −0.4% | |
| Q4 FY25 | −2.2% | −7.9 pts | 1.4% | |
| Q3 FY25 | 0.5% | −2.1 pts | 8.4% | |
| Q2 FY25 | 5.3% | +0.9 pts | 12.8% | |
| Q1 FY25 | 6.8% | +1.6 pts | 14.7% | |
| Q4 FY24 | 5.7% | +0.3 pts | 14.2% | |
| Q3 FY24 | 2.6% | −6.4 pts | 8.8% | |
| Q2 FY24 | 4.4% | −1.9 pts | 9.5% | |
| Q1 FY24 | 5.2% | −0.9 pts | 11.7% |
Against its peers
Companies in Entertainment nearest Madison Square Garden Sports' size, closest first, today.
| Company | Profit margin |
|---|---|
| MSGSMadison Square Garden Sports | 0.7% |
| CHDNChurchill Downs | 13.8% |
| WMGWarner Music | 9.2% |
| MTNVail Resorts | 5.2% |
| NXSTNexstar Media | 3.2% |
| CNKCinemark | 6.4% |
| FWONKLiberty Media | 9.4% |
| ROKURoku | 6.8% |
| RSIRush Street Interactive | 2.3% |
| MSGEMadison Square Garden Entertainment | 6.2% |
| FOXAFox | 9.8% |
| Peer median | 6.6% |
Where Madison Square Garden Sports 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 Sports
Valuation data, not investment advice. Prices as of . Reported figures come from the company's filings with the SEC.