MADISON SQUARE GARDEN ENTERTAINMENT CORP. financials
Source: EDGAR filings · Built 2026-06-02T03:35:40Z
Key metrics by reporting period
Up to six most-recent periods side-by-side. Rows are the curated key lines — revenue, margins, cash, debt, equity, cash-flow totals, plus the derived and valuation metrics we compute on top. For every tag a filer reported in one period, use the single-filing drilldown below.
Derived Metrics
| Concept | FY 2025 | FY 2024 | FY 2023 | FY 2023 | FY 2023 |
|---|---|---|---|---|---|
| EBITDA | 179.86M | 165.82M | 165.47M | 63.89M | -165.71M |
| Working Capital | -265.27M | -286.74M | -245.36M | -203.64M | — |
| Net Debt | 1.16B | 1.04B | 826.83M | 898.69M | — |
| Operating Margin | 14.15% | 12.63% | 13.47% | -0.97% | -412.77% |
| Net Margin | 4.34% | 16.29% | 9.82% | -22.91% | -380.28% |
| Return on Equity (ROE) | -281.44% | -622.92% | -110.26% | 9039.73% | -43.84% |
| Return on Assets (ROA) | 2.24% | 9.29% | 5.47% | -8.73% | — |
| Current Ratio | 0.47× | 0.43× | 0.55× | 0.63× | — |
| Debt-to-Equity | -90.29× | -46.20× | -13.00× | -648.67× | — |
| Cash Conversion Ratio | 3.08× | 0.77× | 1.77× | -0.72× | 0.68× |
| Accruals Ratio | -0.05× | 0.02× | -0.04× | -0.15× | — |
| SBC % of Revenue | 3.21% | 3.52% | 4.08% | 6.76% | 70.73% |
Valuation Metrics
| Concept | FY 2025 | FY 2024 | FY 2023 | FY 2023 | FY 2023 |
|---|---|---|---|---|---|
| P/E Trailing (Diluted) | 51.91× | 11.53× | 22.87× | — | — |
| EV / EBITDA | 17.18× | 16.28× | 15.62× | — | — |
| P/S | 2.24× | 1.88× | 2.25× | — | — |
Income Statement
| Concept | FY 2025 | FY 2024 | FY 2023 | FY 2023 | FY 2023 |
|---|---|---|---|---|---|
| Revenue from Contract with Customer, Excluding Assessed Tax | 862.80M | 885.99M | 779.82M | 582.08M | 57.49M |
| Revenues | 942.73M | 959.26M | 851.50M | 653.49M | 81.81M |
| Selling, General and Administrative Expense | 214.97M | 206.96M | 180.22M | 167.13M | 136.60M |
| Operating Income (Loss) | 122.09M | 111.94M | 105.01M | -5.65M | -237.29M |
| Income Tax Expense (Benefit) | 28.13M | -92.01M | 1.73M | -70.00K | 5.35M |
| Net Income (Loss) Attributable to Parent | 37.43M | 144.30M | 76.60M | -133.34M | -218.61M |
| Earnings Per Share, Basic | $0.78 | $2.99 | $1.48 | $-2.58 | $-4.22 |
| Weighted Average Number of Shares Outstanding, Basic | 48.03M | 48.27M | 51.82M | 51.77M | 51.77M |
| Earnings Per Share, Diluted | $0.77 | $2.97 | $1.47 | $-2.58 | $-4.22 |
| Weighted Average Number of Shares Outstanding, Diluted | 48.33M | 48.59M | 52.28M | 51.77M | 51.77M |
Balance Sheet
| Concept | FY 2025 | FY 2024 | FY 2023 | FY 2023 | FY 2023 |
|---|---|---|---|---|---|
| Cash and Cash Equivalents, at Carrying Value | 43.02M | 33.26M | 76.09M | 58.10M | — |
| Assets, Current | 237.13M | 219.08M | 295.28M | 341.45M | — |
| Assets | 1.67B | 1.55B | 1.40B | 1.53B | — |
| Long-term Debt | 568.78M | 599.25M | 630.18M | 654.91M | — |
| Liabilities, Current | 502.40M | 505.82M | 540.64M | 545.09M | — |
| Long-term Debt, Excluding Current Maturities | 568.78M | 599.25M | 630.18M | 654.91M | — |
| Liabilities | 1.68B | 1.58B | 1.47B | 1.53B | — |
| Stockholders' Equity Attributable to Parent | -13.30M | -23.16M | -69.47M | -1.48M | — |
Cash Flow Statement
| Concept | FY 2025 | FY 2024 | FY 2023 | FY 2023 | FY 2023 |
|---|---|---|---|---|---|
| Net Cash Provided by (Used in) Operating Activities | 115.30M | 111.27M | 135.69M | 95.35M | -148.12M |
| Net Cash Provided by (Used in) Investing Activities | -23.69M | -62.37M | 30.30M | 45.44M | -10.34M |
| Payments for Repurchase of Common Stock | 39.69M | 50.87M | 25.00M | 0 | 0 |
| Net Cash Provided by (Used in) Financing Activities | -81.62M | -99.69M | -144.22M | -396.29M | 473.49M |
Derived Metrics
| Concept | Q3 2026 | Q2 2026 | Q1 2026 | Q4 2025 | Q3 2025 | Q2 2025 |
|---|---|---|---|---|---|---|
| EBITDA | 29.89M | 177.80M | -15.66M | -10.32M | 41.70M | 153.18M |
| Working Capital | -214.59M | -198.34M | -283.44M | -265.27M | -229.98M | -231.85M |
| Net Debt | 864.10M | 1.04B | 1.19B | 1.16B | 1.12B | 1.03B |
| Operating Margin | 7.64% | 38.56% | -19.29% | -17.75% | 13.26% | 36.81% |
| Net Margin | 2.42% | 21.83% | -14.05% | -18.73% | 3.90% | 20.10% |
| Return on Equity (ROE) | 10.64% | 257.45% | 32.91% | 204.34% | 84.36% | 734.83% |
| Return on Assets (ROA) | 0.26% | 5.08% | -1.29% | -1.63% | 0.46% | 4.78% |
| Current Ratio | 0.72× | 0.68× | 0.48× | 0.47× | 0.57× | 0.54× |
| Debt-to-Equity | 24.73× | 33.20× | -18.47× | -90.29× | 126.45× | 105.44× |
| Cash Conversion Ratio | 72.03× | 1.99× | -0.91× | 0.99× | 17.71× | 1.13× |
| Accruals Ratio | -0.19× | -0.05× | -0.02× | -0.00× | -0.08× | -0.01× |
| SBC % of Revenue | 11.40% | 4.08% | 4.73% | 4.04% | 10.60% | 4.13% |
Valuation Metrics
| Concept | Q3 2026 | Q2 2026 | Q1 2026 | Q4 2025 | Q3 2025 | Q2 2025 |
|---|---|---|---|---|---|---|
| P/E Trailing (Diluted) | 57.19× | 49.44× | 63.72× | 51.91× | 12.04× | 13.64× |
| EV / EBITDA | 20.36× | 18.69× | 19.74× | 17.18× | 13.81× | 15.06× |
| P/S | 3.03× | 2.77× | 2.43× | 2.24× | 1.77× | 1.96× |
| P/B | 59.07× | 71.59× | — | — | 165.90× | 167.56× |
Income Statement
| Concept | Q3 2026 | Q2 2026 | Q1 2026 | Q4 2025 | Q3 2025 | Q2 2025 |
|---|---|---|---|---|---|---|
| Revenue from Contract with Customer, Excluding Assessed Tax | 210.77M | 424.78M | 154.15M | 145.13M | 206.02M | 377.60M |
| Revenues | 246.26M | 459.94M | 158.26M | 154.14M | 242.47M | 407.42M |
| Selling, General and Administrative Expense | 60.95M | 68.36M | 56.59M | 59.93M | 52.11M | 57.19M |
| Operating Income (Loss) | 16.10M | 163.81M | -29.74M | -25.75M | 27.33M | 139.00M |
| Income Tax Expense (Benefit) | 3.12M | 60.82M | -18.77M | -14.99M | 7.25M | 49.47M |
| Net Income (Loss) Attributable to Parent | 5.11M | 92.72M | -21.65M | -27.18M | 8.04M | 75.89M |
| Earnings Per Share, Basic | $0.11 | $1.96 | $-0.46 | $-0.56 | $0.17 | $1.57 |
| Weighted Average Number of Shares Outstanding, Basic | 47.46M | 47.41M | 47.48M | 48.03M | 47.95M | 48.34M |
| Earnings Per Share, Diluted | $0.11 | $1.94 | $-0.46 | $-0.56 | $0.17 | $1.56 |
| Weighted Average Number of Shares Outstanding, Diluted | 48.13M | 47.84M | 47.48M | 48.33M | 48.27M | 48.61M |
Balance Sheet
| Concept | Q3 2026 | Q2 2026 | Q1 2026 | Q4 2025 | Q3 2025 | Q2 2025 |
|---|---|---|---|---|---|---|
| Cash and Cash Equivalents, at Carrying Value | 323.09M | 157.06M | 29.95M | 43.02M | 88.95M | 54.92M |
| Assets, Current | 538.63M | 420.15M | 264.22M | 237.13M | 307.59M | 269.83M |
| Assets | 1.96B | 1.82B | 1.68B | 1.67B | 1.74B | 1.59B |
| Long-term Debt | 547.45M | 554.57M | 581.68M | 568.78M | 577.41M | 584.70M |
| Liabilities, Current | 753.21M | 618.49M | 547.66M | 502.40M | 537.57M | 501.69M |
| Long-term Debt, Excluding Current Maturities | 547.45M | 554.57M | 581.68M | 568.78M | 577.41M | 584.70M |
| Liabilities | 1.91B | 1.79B | 1.75B | 1.68B | 1.73B | 1.58B |
| Stockholders' Equity Attributable to Parent | 48.01M | 36.01M | -65.80M | -13.30M | 9.53M | 10.33M |
Cash Flow Statement
| Concept | Q3 2026 | Q2 2026 | Q1 2026 | Q4 2025 | Q3 2025 | Q2 2025 |
|---|---|---|---|---|---|---|
| Net Cash Provided by (Used in) Operating Activities | 368.05M | 184.19M | 19.81M | -27.01M | 142.31M | 85.50M |
| Net Cash Provided by (Used in) Investing Activities | -25.45M | -15.29M | -6.80M | -4.31M | -19.38M | -16.28M |
| Payments for Repurchase of Common Stock | 25.00M | 25.00M | 25.00M | 0 | 39.69M | 25.00M |
| Net Cash Provided by (Used in) Financing Activities | -62.48M | -54.87M | -26.08M | -14.61M | -67.01M | -47.55M |
Raw XBRL tagging for a single filing
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Methodology
All facts on this page come straight from SEC EDGAR XBRL
company-facts filings (MSGE CIK 0001952073),
grouped by financial statement using FASB's base
us-gaap presentation taxonomy. Filers may re-parent
concepts onto different statements in their own extension
taxonomy, so a handful of rows can show up under a different
statement than on the actual 10-K / 10-Q; custom concepts and
any we couldn't map fall into Other. Hover a
cell to see the fully-qualified concept name and the filer's
description.
For the full methodology — statement grouping, the Other bucket, derived metrics, and fact tooltips — see the methodology reference for the statement grouping, the "Other" bucket, derived metrics, and fact tooltips.