MADISON SQUARE GARDEN SPORTS CORP. financials
Source: EDGAR filings · Built 2026-06-02T03:35:52Z
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 2022 | FY 2021 | FY 2020 |
|---|---|---|---|---|---|---|
| Free Cash Flow | 87.99M | 90.68M | 151.29M | 177.12M | -35.79M | -358.91M |
| EBITDA | 18.03M | 149.20M | 88.75M | 91.12M | -72.87M | -504.00K |
| Working Capital | -312.43M | -305.04M | -371.30M | -233.03M | -183.03M | -161.98M |
| Net Debt | 1.04B | 1.02B | 1.08B | 902.27M | 1.05B | 990.33M |
| Operating Margin | 1.42% | 14.22% | 9.60% | 10.48% | -18.87% | -15.56% |
| Net Margin | -2.16% | 5.72% | 5.39% | 6.23% | -3.36% | -30.23% |
| Return on Equity (ROE) | 7.97% | -22.07% | -14.17% | -34.76% | 6.83% | 88.12% |
| Return on Assets (ROA) | -1.52% | 4.37% | 3.63% | 3.93% | -1.07% | -14.78% |
| Current Ratio | 0.45× | 0.42× | 0.29× | 0.47× | 0.50× | 0.44× |
| Debt-to-Equity | -4.21× | -4.15× | -3.32× | -6.75× | -5.47× | -5.16× |
| Effective Tax Rate | -29.91% | 44.38% | 49.26% | 33.89% | 82.20% | -21.00% |
| Cash Conversion Ratio | -4.08× | 1.57× | 3.19× | 3.48× | 2.53× | -0.02× |
| Accruals Ratio | -0.08× | -0.02× | -0.08× | -0.10× | 0.02× | -0.15× |
| SBC % of Revenue | 1.73% | 2.07% | 2.84% | 2.95% | 7.32% | 9.45% |
| CapEx Coverage | 25.30× | 63.49× | 129.10× | 191.05× | -75.81× | 0.01× |
| Free Cash Flow Per Share | $3.65 | $3.76 | $6.25 | $7.26 | $-1.48 | $-14.99 |
Valuation Metrics
| Concept | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 |
|---|---|---|---|---|---|---|
| P/E Trailing (Diluted) | — | 77.10× | 99.50× | 71.90× | — | — |
| P/FCF | 57.21× | 49.99× | 30.07× | 20.81× | — | — |
| FCF Yield | 1.75% | 2.00% | 3.33% | 4.81% | — | — |
| EV / EBITDA | 336.93× | 37.19× | 63.44× | 50.34× | — | — |
| P/S | 4.84× | 4.41× | 5.13× | 4.49× | 10.02× | 5.83× |
Income Statement
| Concept | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 |
|---|---|---|---|---|---|---|
| Revenue from Contract with Customer, Excluding Assessed Tax | 1.04B | 1.03B | 887.45M | 821.35M | 415.72M | 603.32M |
| Selling, General and Administrative Expense | 266.08M | 261.43M | 249.88M | 229.67M | 206.70M | 319.68M |
| Operating Expenses | — | — | — | — | — | 697.18M |
| Operating Income (Loss) | 14.81M | 146.04M | 85.17M | 86.08M | -78.44M | -93.87M |
| Income Tax Expense (Benefit) | 5.17M | 46.90M | 44.29M | 25.05M | -73.42M | 20.59M |
| Net Income (Loss) Attributable to Parent | -22.44M | 58.77M | 47.79M | 51.13M | -13.95M | -182.39M |
| Earnings Per Share, Basic | $-0.93 | $2.45 | $1.90 | $2.11 | $-0.58 | $-7.62 |
| Weighted Average Number of Shares Outstanding, Basic | 24.09M | 24.01M | 24.09M | 24.25M | 24.13M | 23.94M |
| Earnings Per Share, Diluted | $-0.93 | $2.44 | $1.89 | $2.10 | $-0.58 | $-7.62 |
| Weighted Average Number of Shares Outstanding, Diluted | 24.09M | 24.10M | 24.19M | 24.41M | 24.13M | 23.94M |
Balance Sheet
| Concept | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 |
|---|---|---|---|---|---|---|
| Cash and Cash Equivalents, at Carrying Value | 144.62M | 89.14M | 40.40M | 91.02M | 64.90M | 77.85M |
| Assets, Current | 251.09M | 216.94M | 149.23M | 205.27M | 185.25M | 128.28M |
| Assets | 1.47B | 1.35B | 1.32B | 1.30B | 1.31B | 1.23B |
| Liabilities, Current | 563.52M | 521.98M | 520.53M | 438.30M | 368.28M | 290.25M |
| Long-term Debt, Excluding Current Maturities | 267.00M | 275.00M | 295.00M | 220.00M | 355.00M | 350.00M |
| Liabilities | 1.75B | 1.61B | 1.65B | 1.45B | 1.51B | 1.44B |
| Stockholders' Equity Attributable to Parent | -281.44M | -266.31M | -337.23M | -147.09M | -204.31M | -206.99M |
Cash Flow Statement
| Concept | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 |
|---|---|---|---|---|---|---|
| Net Cash Provided by (Used in) Operating Activities | 91.61M | 92.13M | 152.47M | 178.06M | -35.33M | 3.57M |
| Payments to Acquire Property, Plant, and Equipment | 3.62M | 1.45M | 1.18M | 932.00K | 466.00K | 362.48M |
| Net Cash Provided by (Used in) Investing Activities | -6.92M | -8.90M | -17.76M | -2.93M | -466.00K | -514.86M |
| Payments for Repurchase of Common Stock | — | — | — | — | — | 0 |
| Payments of Dividends | 633.00K | 701.00K | 170.92M | 0 | 0 | — |
| Net Cash Provided by (Used in) Financing Activities | -26.41M | -28.79M | -185.27M | -156.14M | 17.16M | -520.59M |
Derived Metrics
| Concept | Q3 2026 | Q2 2026 | Q1 2026 | Q4 2025 | Q3 2025 | Q2 2025 |
|---|---|---|---|---|---|---|
| Free Cash Flow | 3.64M | -53.74M | -85.33M | 49.35M | 38.64M | 34.73M |
| EBITDA | — | — | -26.61M | -21.75M | — | — |
| Working Capital | -342.25M | -342.05M | -390.63M | -312.43M | -297.90M | -305.86M |
| Net Debt | 1.06B | 1.11B | 1.13B | 1.04B | 1.09B | 994.58M |
| Operating Margin | 0.45% | 5.50% | -69.51% | -11.07% | 7.62% | 3.72% |
| Net Margin | -4.62% | 2.04% | -22.30% | -0.87% | -3.35% | 0.31% |
| Return on Equity (ROE) | 6.76% | -2.92% | 2.99% | 0.63% | 5.02% | -0.41% |
| Return on Assets (ROA) | -1.32% | 0.53% | -0.58% | -0.12% | -0.95% | 0.08% |
| Current Ratio | 0.46× | 0.47× | 0.39× | 0.45× | 0.52× | 0.49× |
| Debt-to-Equity | -3.95× | -4.21× | -3.99× | -4.21× | -4.20× | -4.04× |
| Effective Tax Rate | -50.32% | 44.90% | 49.30% | 93.44% | 162.87% | 38.58% |
| Cash Conversion Ratio | -0.25× | -6.37× | 9.66× | -27.93× | -2.94× | 32.06× |
| Accruals Ratio | -0.02× | 0.04× | 0.05× | -0.04× | -0.04× | -0.02× |
| SBC % of Revenue | 4.08% | 2.73% | 12.28% | 1.85% | 3.34% | 2.87% |
| CapEx Coverage | 3.66× | -42.76× | -228.99× | 133.31× | 12.90× | 39.93× |
| Free Cash Flow Per Share | $0.15 | $-2.22 | $-3.54 | $2.05 | $1.60 | $1.44 |
Valuation Metrics
| Concept | Q3 2026 | Q2 2026 | Q1 2026 | Q4 2025 | Q3 2025 | Q2 2025 |
|---|---|---|---|---|---|---|
| P/E Trailing (Diluted) | — | — | — | — | 927.24× | 95.22× |
| P/S | 7.20× | 5.85× | 5.34× | 4.84× | 4.42× | 5.11× |
Income Statement
| Concept | Q3 2026 | Q2 2026 | Q1 2026 | Q4 2025 | Q3 2025 | Q2 2025 |
|---|---|---|---|---|---|---|
| Revenue from Contract with Customer, Excluding Assessed Tax | 432.20M | 403.42M | 39.45M | 203.96M | 424.20M | 357.76M |
| Selling, General and Administrative Expense | 73.70M | 69.06M | 57.79M | 70.89M | 74.70M | 67.90M |
| Operating Income (Loss) | 1.96M | 22.18M | -27.43M | -22.58M | 32.34M | 13.31M |
| Income Tax Expense (Benefit) | 6.69M | 6.72M | -8.55M | -25.34M | 36.86M | 698.00K |
| Net Income (Loss) Attributable to Parent | -19.98M | 8.24M | -8.80M | -1.78M | -14.23M | 1.11M |
| Earnings Per Share, Basic | $-0.83 | $0.34 | $-0.37 | $-0.07 | $-0.59 | $0.05 |
| Weighted Average Number of Shares Outstanding, Basic | 24.17M | 24.16M | 24.12M | 24.09M | 24.10M | 24.10M |
| Earnings Per Share, Diluted | $-0.83 | $0.34 | $-0.37 | $-0.07 | $-0.59 | $0.05 |
| Weighted Average Number of Shares Outstanding, Diluted | 24.17M | 24.22M | 24.12M | 24.09M | 24.10M | 24.17M |
Balance Sheet
| Concept | Q3 2026 | Q2 2026 | Q1 2026 | Q4 2025 | Q3 2025 | Q2 2025 |
|---|---|---|---|---|---|---|
| Cash and Cash Equivalents, at Carrying Value | 107.04M | 81.30M | 48.63M | 144.62M | 96.54M | 107.82M |
| Assets, Current | 295.56M | 299.56M | 246.69M | 251.09M | 319.29M | 297.13M |
| Assets | 1.51B | 1.54B | 1.52B | 1.47B | 1.50B | 1.41B |
| Liabilities, Current | 637.81M | 641.61M | 637.32M | 563.52M | 617.19M | 602.99M |
| Long-term Debt, Excluding Current Maturities | 242.00M | 267.00M | 267.00M | 267.00M | 267.00M | 275.00M |
| Liabilities | 1.80B | 1.83B | 1.81B | 1.75B | 1.79B | 1.69B |
| Stockholders' Equity Attributable to Parent | -295.45M | -282.08M | -294.18M | -281.44M | -283.45M | -273.14M |
Cash Flow Statement
| Concept | Q3 2026 | Q2 2026 | Q1 2026 | Q4 2025 | Q3 2025 | Q2 2025 |
|---|---|---|---|---|---|---|
| Net Cash Provided by (Used in) Operating Activities | 5.01M | -52.51M | -84.95M | 49.72M | 41.88M | 35.62M |
| Payments to Acquire Property, Plant, and Equipment | 1.37M | 1.23M | 371.00K | 373.00K | 3.25M | 892.00K |
| Net Cash Provided by (Used in) Investing Activities | -2.03M | -2.74M | -1.85M | -1.57M | -5.35M | -2.30M |
| Payments of Dividends | 472.00K | 472.00K | 340.00K | 0 | 633.00K | 600.00K |
| Net Cash Provided by (Used in) Financing Activities | -49.13M | -16.63M | -9.11M | 0 | -26.41M | -12.37M |
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 (MSGS CIK 0001636519),
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.