Is the business good?
How good a business is MSGS?
Madison Square Garden Sports Corp. keeps 2.5% of every revenue dollar as operating profit, against 12% for the median Entertainment name.
2.5%
Operating margin · Entertainment median 12% · 12 months to Q4 2026
- Gross margin
- 28%
Gross margin
| Year | Operating margin |
|---|---|
| FY2021 | −19% |
| FY2022 | 10% |
| FY2023 | 9.6% |
| FY2024 | 14% |
| FY2025 | 1.4% |
| FY2026 | 2.5% |
Details›
- Gross margin12 months to Q4 2026
- 28%
- Operating margin12 months to Q4 2026
- 2.5%
- Net margin12 months to Q4 2026
- 0.67%
- Free cash flow margin
- 5.3%
- Revenue, trailing twelve months
- $1.15B
- Free cash flow, trailing twelve months
- $61M
- Net income, trailing twelve months
- $7.8M
Margins, capital and share counts from the statements as filed with the SEC; cash conversion from the cash flow statement.