MSGE
Madison Square Garden Entertainment Corp
NYSE: MSGE · CONSUMER CYCLICAL · LEISURE
$64.73
-0.22% today
Updated 2026-04-29
Market cap
$3.06B
P/E ratio
59.39
P/S ratio
3.02x
EPS (TTM)
$1.09
Dividend yield
—
52W range
$33 – $67
Volume
0.3M
Madison Square Garden Entertainment Corp (MSGE) Financial statements
SEC filings — annual and quarterly data.
Income statement — annual
| Item | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|---|
| Revenue | $711.02M | $988.99M | $1.05B | $584.60M | $81.81M | $653.49M | $851.50M | $959.26M | $942.73M |
| Revenue growth (YoY) | — | +39.1% | +6.1% | -44.3% | -86.0% | +698.8% | +30.3% | +12.7% | -1.7% |
| Cost of revenue | $517.08M | $635.22M | $670.64M | $380.53M | $75.85M | $394.79M | $499.93M | $547.05M | $535.64M |
| Gross profit | $193.94M | $353.77M | $378.27M | $204.07M | $5.96M | $258.70M | $351.57M | $412.22M | $407.09M |
| Gross margin | 27.3% | 35.8% | 36.1% | 34.9% | 7.3% | 39.6% | 41.3% | 43.0% | 43.2% |
| R&D | — | — | — | — | — | — | — | — | — |
| SG&A | $194.28M | $273.00M | $314.52M | $127.04M | $156.97M | $180.80M | $171.38M | $221.16M | $230.27M |
| Operating income | $-98.41M | $-31.28M | $-45.60M | $225.33M | $-237.29M | $-5.65M | $105.01M | $111.94M | $122.09M |
| Operating margin | -13.8% | -3.2% | -4.3% | 38.5% | -290.0% | -0.9% | 12.3% | 11.7% | 13.0% |
| EBITDA | $-20.43M | $95.27M | $99.51M | $359.40M | $-151.28M | $69.90M | $202.91M | $180.02M | $173.84M |
| EBITDA margin | -2.9% | 9.6% | 9.5% | 61.5% | -184.9% | 10.7% | 23.8% | 18.8% | 18.4% |
| EBIT | $-118.50M | $-16.79M | $-9.83M | $271.27M | $-222.86M | $369000.00 | $129.64M | $126.15M | $116.07M |
| Interest expense | $1.93M | $12.15M | $15.26M | $425000.00 | $33.73M | $53.11M | $51.87M | $57.95M | $50.51M |
| Income tax | $-7.81M | $-30.83M | $443000.00 | $100.18M | $5.35M | $-70000.00 | $1.73M | $-92.01M | $28.13M |
| Effective tax rate | 6.7% | 128.8% | -2.5% | 36.8% | -2.5% | 0.1% | 2.2% | -176.0% | 42.9% |
| Net income | $-108.55M | $6.90M | $-17.89M | $171.73M | $-218.61M | $-133.34M | $76.60M | $144.30M | $37.43M |
| Net income growth (YoY) | — | +106.4% | -359.4% | +1059.7% | -227.3% | +39.0% | +157.4% | +88.4% | -74.1% |
| Profit margin | -15.3% | 0.7% | -1.7% | 29.4% | -267.2% | -20.4% | 9.0% | 15.0% | 4.0% |