Madison Square Garden Sports Corp.

Madison Square Garden Sports Corp.

MSGS
Madison Square Garden Sports Corp.US flagNew York Stock Exchange
384.68
USD
-9.00
- -
9.26BMarket Cap
2013 Y
2014 Y
2015 Y
2016 Y
2017 Y
2018 Y
2019 Y
2020 Y
2021 Y
2022 Y
2023 Y
2024 Y
2025 Y
TTM
Revenue per Share
28.12
35.53
43.02
45.06
55.27
30.14
30.69
25.2
17.23
33.88
36.84
42.78
43.14
44.7
Basic EPS, GAAP
-2.27
-4.55
-1.63
-3.12
-3.05
5.99
0.48
-7.62
-0.58
2.11
1.98
2.45
-0.93
-0.92
Free Cash Flow per Basic Share
2.26
5.33
2.78
5.08
9.37
9.21
6.78
0.15
-1.46
7.34
6.33
3.84
3.8
2.27
Dividend per Share
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
7.1
0.03
0.03
0.02
Book Value per Share
- -
- -
- -
-3.05
-6.21
-0.46
1.23
-1.81
-3.26
-1.46
-7.21
-4.78
-5.7
-6.54
Tangible Book Value per Share
17.3
28.04
30.39
85.91
71.13
76.92
99.34
-22.78
-22.49
-20.01
-27.7
-24.84
-25.39
-25.92
Basic Weighted Avg Shares
26
26
25
25
24
24
24
24
24
24
24
24
24
24
Sales/Revenue/Turnover
723
914
1,072
1,115
1,318
712
729
603
416
821
887
1,027
1,039
1,079
Operating Margin (%)
-8.17
-12.48
-0.04
-5.26
-4.27
-2.55
-7.98
-15.56
-18.87
10.48
9.6
14.22
1.42
-2.28
Depreciation Expense
73
92
109
102
107
122
119
93
6
5
4
3
3
3
Net Income, GAAP
-58
-117
-41
-77
-73
142
11
-182
-14
51
48
59
-22
-22
Effective Tax Rate (%)
- -
- -
- -
- -
- -
- -
- -
- -
- -
33.89
49.26
44.38
- -
44.9
Profit Margin (%)
-8.06
-12.8
-3.8
-6.93
-5.52
19.88
1.57
-30.23
-3.36
6.23
5.39
5.72
-2.16
-2.07
Working Capital
-338
-391
-365
989
688
650
653
-162
-183
-233
-371
-305
-312
-342
LT Debt
- -
- -
- -
- -
105
101
- -
1,029
1,046
920
1,041
1,025
1,108
1,094
Total Equity
917
1,191
1,223
2,586
2,500
2,631
2,706
-203
-202
-145
-337
-266
-281
-295
Return on Invested Capital (%)
- -
- -
- -
- -
- -
- -
- -
- -
- -
6.45
5.3
10.01
- -
- -
Return on Capital (%)
- -
- -
- -
- -
- -
- -
- -
- -
- -
6.11
6.46
7.65
- -
1.06
Return on Common Equity (%)
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -

Capital Structure

FRC

in mil. unless spec.
Sep'26
Dec'26
Mar'26
ST Debt
78
80
73
LT Borrowings
267
267
242
LT Finance Leases
829
841
852
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
24
24
24
Market Capitalization
5,472
6,239
7,758

Working Capital

FRC

in mil. unless spec.
Sep'26
Dec'26
Mar'26
Total Current Assets
247
300
296
Cash, Cash Equivalents & STI
49
81
107
Accounts Receivable, Net
43
90
77
Inventories
- -
- -
- -
Total Current Liabilities
637
642
638
Payables & Accruals
172
213
289
ST Debt
78
80
73
Deferred Revenue
331
249
102

Growth Rates

FRC

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
9.66%
17.57%
5.68%
Free Cash Flow
-171.59%
-349.73%
-0.57%
Net Income, GAAP
-267.92%
-136.1%
-138.18%
Sales/Revenue/Turnover
5.29%
18.29%
1.18%
Total Cash Common Dividend
- -
- -
-9.7%

Quarterly Revenue

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
43
327
430
227
1,027
2025
53
358
424
204
1,039
2026
39
403
432
- -
- -

Quarterly Earnings Per Share

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
-0.79
0.59
1.58
1.06
2.45
2025
-0.31
0.05
-0.59
-0.07
-0.93
2026
-0.36
0.34
-0.83
- -
- -

Quarterly Dividends Per Share

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
0.02
- -
- -
- -
0.03
2025
0.02
0.01
- -
- -
0.03
2026
0.01
0.01
- -
- -
- -

Company Description

MCPAPIChat
CEO
James Lawrence Dolan
Full Time Employees
533
Sector
Communication Services
Industry
Entertainment
Address
Two Pennsylvania Plaza New York City NY United States of America 10121
IPO Date
Sep 17, 2015
Business
Madison Square Garden Sports Corp. operates as a professional sports and entertainment holding company primarily engaged in owning, operating, and marketing sports franchises and associated properties. Its core assets include the New York Knicks of the National Basketball Association (NBA), the New York Rangers of the National Hockey League (NHL), the Westchester Knicks of the NBA G League, and the Hartford Wolf Pack of the American Hockey League (AHL). The company also operates the MSG Training Center in Greenburgh, New York, a state-of-the-art performance facility for its teams. MSG Sports generates revenue through ticket sales, suite rentals, sponsorships, media rights partnerships, and merchandise. It also engages in multi-platform marketing and brand partnerships, including recent naming rights and jersey patch sponsorships. In the latest developments, Madison Square Garden Sports Corp. has announced a multi-year marketing partnership with GAME 7, marking it as the first-ever jersey patch partner of the New York Rangers. The company benefits from strong season ticket renewals and suite business growth, including several renovated Lexus-level suites at Madison Square Garden Arena. MSG Sports is actively expanding its digital and technology infrastructure through partnerships such as the multi-year deal with Cisco, enhancing network operation and fan experience at its venues. The company reported strong operational performance for the fiscal 2026 first quarter, reflecting ongoing demand for its key sports teams and confidence in long-term shareholder value creation. These developments reflect a focus on leveraging marquee sports franchises and venue assets while expanding commercial partnerships and technology integration. Founded in 2015 and headquartered in New York City, Madison Square Garden Sports Corp. operates primarily in the United States, with a focus on the New York metropolitan area markets. It is distinct from Madison Square Garden Entertainment, a related company focused on venue management and live entertainment. MSG Sports targets professional sports fans, corporate clients, and sponsors in its business model while maintaining a prominent position in the sports and entertainment industry through iconic teams and modernized sports facilities. This detailed overview incorporates Madison Square Garden Sports Corp.’s main products and services along with its most recent strategic moves, partnerships, and operational highlights as of late 2025.

Company News

MCPAPIChat
  • Madison Square Garden Sports: The Knicks Are On The Verge Of Something Special

  • MSG Sports Is Winning Big On Wall Street

  • The Knicks' stock hits record high on historic NBA Finals lead

  • Knicks Announce $1 Million Raised for Garden of Dreams Foundation Through Fundraiser for Two Celebrity Row Seats

  • The Only Thing Hotter Than the Knicks Is Their Stock Price

  • Knicks Announce Exclusive Fundraiser for Two Celebrity Row Seats to Benefit the Garden of Dreams Foundation for Game 3 of 2026 NBA Finals

  • MSG Sports Stock Keeps Setting Record Highs Ahead of Knicks' NBA Finals Appearance

  • Knicks Donating Hundreds of Free Tickets for 2026 NBA Finals Home Games to Garden of Dreams Foundation Youth

  • A Look at Madison Square Garden Sports Corp (MSGS) After 3.5% Gain -- GF Value $220.06 vs Price $366.34

  • James Dolan moves to split Knicks and Rangers into two separate public companies

  • Madison Square Garden Sports Corp. Files Initial Form 10 Registration Statement for Proposed Spin-Off of Rangers Business from Knicks Business

  • Madison Square Garden Sports Corp. Files Initial Form 10 Registration Statement for Proposed Spin-Off of Rangers Business from Knicks Business

  • A Look at Madison Square Garden Sports Corp (MSGS) After 4.2% Gain -- GF Value $208.66 vs Price $344.12

  • BLS Jobs: +115K, Double Expectations

  • Madison Square Garden (MSGS) Reports Q3 Loss, Tops Revenue Estimates

  • Madison Square Garden Sports Corp. Reports Fiscal 2026 Third Quarter Results

  • Madison Square Garden Sports Group: Ride The Momentum

  • MSG Sports Names Paul DiCicco Executive Vice President, Chief Financial Officer and Treasurer

  • Madison Square Garden Sports Corp. to Release Fiscal 2026 Third Quarter Results

  • Here Are Thursday’s Top Wall Street Analyst Research Calls: Boston Scientific, Datadog, Deckers Outdoor, McDonald’s, Murphy USA, On Semiconductor, Palantir Technologies, Texas Instruments, and More