Madison Square Garden Entertainment Corp.

Madison Square Garden Entertainment Corp.

NNYSE:MSGE
77.06
USD
+1.66
(+2.20%)
2.02EPS
39.30P/E
3.80BMarket Cap
Feb 10Next Earn
2020 Y
2021 Y
2022 Y
2023 Y
2024 Y
2025 Y
2026 Y
TTM
Revenue per Share
11.43
1.6
12.78
16.43
19.87
19.63
22.35
23.59
Basic EPS, GAAP
3.36
-4.28
-2.61
1.48
2.99
0.78
1.39
2.04
Free Cash Flow per Basic Share
0.62
-2.9
1.86
2.62
2.3
2.4
7.4
6.43
Dividend per Share
- -
- -
- -
- -
- -
- -
- -
- -
Book Value per Share
- -
9.61
-0.03
-1.36
-0.48
-0.28
0.97
0.25
Tangible Book Value per Share
- -
6.89
-2.64
-3.96
-3.25
-3.08
-1.84
-2.55
Basic Weighted Avg Shares
51
51
51
52
48
48
47
47
Sales/Revenue/Turnover
585
82
653
851
959
943
1,061
1,120
Operating Margin (%)
-2.64
-272.08
-0.07
13.53
13.51
14.25
15.96
17.31
Depreciation Expense
88
72
70
60
54
58
56
56
Net Income, GAAP
172
-219
-133
77
144
37
66
97
Effective Tax Rate (%)
36.99
- -
- -
2.22
- -
42.91
38.13
35.38
Profit Margin (%)
29.38
-267.22
-20.4
9
15.04
3.97
6.24
8.64
Working Capital
- -
116
-204
-245
-287
-265
-226
-268
LT Debt
- -
688
909
850
1,026
1,135
1,100
1,089
Total Equity
- -
499
-2
-69
-23
-13
46
12
Return on Invested Capital (%)
- -
- -
- -
11.51
- -
6.24
7.28
10.07
Return on Capital (%)
- -
- -
- -
14.3
- -
5.93
7.55
10.44
Return on Common Equity (%)
- -
- -
- -
- -
- -
- -
- -
- -

Capital Structure

USD

•

in mil. unless spec.
Mar'26
Jun'26
Sep'27
ST Debt
75
75
75
LT Borrowings
547
540
533
LT Finance Leases
565
560
555
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
47
47
47
Market Capitalization
2,786
3,827
3,799

Working Capital

USD

•

in mil. unless spec.
Mar'26
Jun'26
Sep'27
Total Current Assets
539
522
446
Cash, Cash Equivalents & STI
323
294
194
Accounts Receivable, Net
90
88
88
Inventories
3
4
4
Total Current Liabilities
753
748
713
Payables & Accruals
391
389
327
ST Debt
75
75
75
Deferred Revenue
287
285
311

Growth Rates

USD

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
- -
723.65%
-444.22%
Free Cash Flow
- -
13.67%
204.81%
Net Income, GAAP
- -
-21.06%
76.82%
Sales/Revenue/Turnover
- -
150.51%
12.52%
Total Cash Common Dividend
- -
- -
- -

Quarterly Revenue

USD

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2025
139
407
242
154
943
2026
158
460
246
196
1,061
2027
217
- -
- -
- -
- -

Quarterly Earnings Per Share

USD

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2025
-0.4
1.57
0.17
-0.57
0.78
2026
-0.46
1.96
0.11
-0.21
1.39
2027
0.19
- -
- -
- -
- -

Quarterly Dividends Per Share

USD

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2025
- -
- -
- -
- -
- -
2026
- -
- -
- -
- -
- -
2027
- -
- -
- -
- -
- -

Company Description

CEO
James Lawrence Dolan
Full Time Employees
6,260
Sector
Consumer services
Industry
Movies/Entertainment
Address
Two Pennsylvania Plaza New York NY United States 10121
IPO Date
Apr 24, 2023
Business
Madison Square Garden Entertainment Corp. (NYSE: MSGE), formed in 2020 and headquartered at Two Pennsylvania Plaza in New York, NY, is a leading live entertainment company that owns and operates premier venues including New York’s Madison Square Garden, The Theater at Madison Square Garden, Radio City Music Hall, Beacon Theatre, and The Chicago Theatre; produces and presents the Christmas Spectacular Starring the Radio City Rockettes, an annual holiday tradition for over 90 years; and hosts diverse events such as concerts, family shows, performing arts, special events, and sporting events for millions of guests annually. The company generates revenue primarily through ticket sales, premium hospitality offerings including suites, sponsorships, food and beverage services, and event production across its U.S.-based operations concentrated in New York and Chicago. In recent developments, MSG Entertainment brought sponsorship sales in-house after ending its partnership with Oak View Group, announced new marketing partnerships with Lenovo, Motorola, and Verizon, repurchased approximately $205 million of its Class A shares since the 2023 spin-off from Sphere Entertainment Co., and reported record concert bookings at Madison Square Garden alongside strong advance sales for the Christmas Spectacular in fiscal 2025.

Company News

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  • Rockettes ‘Ring' in Their Next Century With New Tap Number and Immersive Camera Technology That Brings Audiences Closer to the Magic

  • Josephine Vaccarello Named President of MSG Entertainment