Madison Square Garden Entertainment Corp.
MSGEAnalytical Summary
Madison Square Garden Entertainment Corp. shows mixed fundamentals. However, watch Debt to Equity which shows concerning trends. Consider comparing against peers in the Industrials sector before making investment decisions.
6-Year Financial Trajectory
AnnualBullish Indicators
- Return on Common Equity (%)Return on Common Equity (%) is in the top quartile
Bearish Risks
- Debt to EquityDebt to Equity is concerning (bottom quartile)
Health Breakdown
Statement lens
Choose the reporting cadence, isolate a period range, or search directly for a metric.
| Metric | FY 2026 Jun 30, 2026 10-K ↗ | FY 2025 Jun 30, 2025 10-K ↗ | FY 2024 Jun 30, 2024 10-K ↗ | FY 2023 Jun 30, 2023 10-K ↗ | FY 2022 Jun 30, 2022 10-K ↗ | FY 2021 Jun 30, 2021 10-K ↗ |
|---|---|---|---|---|---|---|
| Revenue Growth YoY (%) |
12.5%
Good
↓
Good
Declining
Year-over-year change in total revenue
Optimal:
> 10%
vs Sector:
Above avg (+150%)
|
-1.7%
Weak
↓
Weak
Declining
Year-over-year change in total revenue
Optimal:
> 10%
vs Sector:
Below avg (-134%)
|
12.7%
Good
↓
Good
Declining
Year-over-year change in total revenue
Optimal:
> 10%
vs Sector:
Above avg (+153%)
|
30.3%
Excellent
Excellent
Year-over-year change in total revenue
Optimal:
> 10%
vs Sector:
Above avg (+506%)
|
698.8%
Excellent
Excellent
Year-over-year change in total revenue
Optimal:
> 10%
vs Sector:
Above avg (+13875%)
|
— |
| EPS Growth YoY (%) |
78.2%
Excellent
↑
Excellent
Improving
Year-over-year change in earnings per share
Optimal:
> 10%
|
-73.9%
Weak
↓
Weak
Declining
Year-over-year change in earnings per share
Optimal:
> 10%
|
102.0%
Excellent
Excellent
Year-over-year change in earnings per share
Optimal:
> 10%
|
N/M |
38.9%
Excellent
Excellent
Year-over-year change in earnings per share
Optimal:
> 10%
|
— |
| Net Income Growth YoY (%) |
76.8%
Excellent
↑
Excellent
Improving
Year-over-year change in net income |
-74.1%
Weak
↓
Weak
Declining
Year-over-year change in net income |
88.4%
Excellent
Excellent
Year-over-year change in net income |
N/M |
39.0%
Excellent
Excellent
Year-over-year change in net income |
— |
| FCF Growth YoY (%) |
208.5%
Excellent
↑
Excellent
Improving
Year-over-year change in free cash flow |
4.1%
Caution
↓
Caution
Declining
Year-over-year change in free cash flow |
-12.0%
Weak
Weak
Year-over-year change in free cash flow |
42.2%
Excellent
Excellent
Year-over-year change in free cash flow |
N/M | — |
| Revenue CAGR 3Y (%) |
7.6%
Fair
↓
Fair
Declining
Compound annual revenue growth over 3 years |
13.0%
Good
Good
Compound annual revenue growth over 3 years |
127.2%
Excellent
Excellent
Compound annual revenue growth over 3 years |
— | — | — |
| Revenue CAGR 5Y (%) |
66.9%
Excellent
Excellent
Compound annual revenue growth over 5 years |
— | — | — | — | — |
| EPS CAGR 3Y (%) |
-2.1%
Weak
Weak
Compound annual EPS growth over 3 years |
— | — | — | — | — |
| Metric | FY 2026 Jun 30, 2026 10-K ↗ | FY 2025 Jun 30, 2025 10-K ↗ | FY 2024 Jun 30, 2024 10-K ↗ | FY 2023 Jun 30, 2023 10-K ↗ | FY 2022 Jun 30, 2022 10-K ↗ | FY 2021 Jun 30, 2021 10-K ↗ |
|---|---|---|---|---|---|---|
| Operating Margin (%) (%) |
13.3%
Fair
↑
Fair
Improving
Operating income as a percentage of revenue
Optimal:
> 15%
vs Sector:
Above avg (+11%)
|
13.0%
Fair
↑
Fair
Improving
Operating income as a percentage of revenue
Optimal:
> 15%
vs Sector:
Above avg (+8%)
|
11.7%
Caution
↑
Caution
Improving
Operating income as a percentage of revenue
Optimal:
> 15%
vs Sector:
At sector avg
|
12.3%
Fair
↑
Fair
Improving
Operating income as a percentage of revenue
Optimal:
> 15%
vs Sector:
At sector avg
|
-0.9%
Weak
Weak
Operating income as a percentage of revenue
Optimal:
> 15%
vs Sector:
Below avg (-107%)
|
-290.0%
Weak
Weak
Operating income as a percentage of revenue
Optimal:
> 15%
vs Sector:
Below avg (-2517%)
|
| Effective Tax Rate (%) (%) |
38.1%
Weak
Weak
Actual taxes paid relative to pre-tax income
Optimal:
15-25%
|
42.9%
Weak
Weak
Actual taxes paid relative to pre-tax income
Optimal:
15-25%
|
— | — | — | — |
| Profit Margin (%) (%) |
6.2%
Caution
↓
Caution
Declining
Net income as a percentage of revenue
Optimal:
> 15%
vs Sector:
Below avg (-22%)
|
4.0%
Weak
↑
Weak
Improving
Net income as a percentage of revenue
Optimal:
> 15%
vs Sector:
Below avg (-50%)
|
15.0%
Good
↑
Good
Improving
Net income as a percentage of revenue
Optimal:
> 15%
vs Sector:
Above avg (+88%)
|
9.0%
Caution
↑
Caution
Improving
Net income as a percentage of revenue
Optimal:
> 15%
vs Sector:
Above avg (+12%)
|
-20.4%
Weak
Weak
Net income as a percentage of revenue
Optimal:
> 15%
vs Sector:
Below avg (-355%)
|
-267.2%
Weak
Weak
Net income as a percentage of revenue
Optimal:
> 15%
vs Sector:
Below avg (-3440%)
|
| FCF Margin (%) (%) |
33.1%
Excellent
↑
Excellent
Improving
Free cash flow as a percentage of revenue
Optimal:
> 10%
|
12.2%
Fair
↓
Fair
Declining
Free cash flow as a percentage of revenue
Optimal:
> 10%
|
11.6%
Fair
↑
Fair
Improving
Free cash flow as a percentage of revenue
Optimal:
> 10%
|
15.9%
Good
↑
Good
Improving
Free cash flow as a percentage of revenue
Optimal:
> 10%
|
14.6%
Fair
Fair
Free cash flow as a percentage of revenue
Optimal:
> 10%
|
-181.0%
Weak
Weak
Free cash flow as a percentage of revenue
Optimal:
> 10%
|
| FCF / Net Income (x) |
5.31x
Excellent
↑
Excellent
Improving
Free cash flow relative to reported net income
Optimal:
> 1x
|
3.08x
Excellent
↑
Excellent
Improving
Free cash flow relative to reported net income
Optimal:
> 1x
|
0.77x
Caution
↑
Caution
Improving
Free cash flow relative to reported net income
Optimal:
> 1x
|
1.77x
Excellent
↑
Excellent
Improving
Free cash flow relative to reported net income
Optimal:
> 1x
|
-0.72x
Weak
Weak
Free cash flow relative to reported net income
Optimal:
> 1x
|
0.68x
Weak
Weak
Free cash flow relative to reported net income
Optimal:
> 1x
|
| Metric | FY 2026 Jun 30, 2026 10-K ↗ | FY 2025 Jun 30, 2025 10-K ↗ | FY 2024 Jun 30, 2024 10-K ↗ | FY 2023 Jun 30, 2023 10-K ↗ | FY 2022 Jun 30, 2022 10-K ↗ | FY 2021 Jun 30, 2021 10-K ↗ |
|---|---|---|---|---|---|---|
| Return on Invested Capital (%) |
14.9%
Good
↑
Good
Improving
Return earned on debt + equity capital invested
Optimal:
> 10%
|
12.5%
Good
↑
Good
Improving
Return earned on debt + equity capital invested
Optimal:
> 10%
|
14.8%
Good
↑
Good
Improving
Return earned on debt + equity capital invested
Optimal:
> 10%
|
14.8%
Good
Good
Return earned on debt + equity capital invested
Optimal:
> 10%
|
-0.7%
Weak
Weak
Return earned on debt + equity capital invested
Optimal:
> 10%
|
— |
| Return on Capital (%) (%) |
7.3%
Fair
→
Fair
Stable
Operating profit relative to total assets
Optimal:
> 10%
|
7.3%
Fair
↑
Fair
Improving
Operating profit relative to total assets
Optimal:
> 10%
|
7.2%
Fair
↑
Fair
Improving
Operating profit relative to total assets
Optimal:
> 10%
|
7.5%
Fair
Fair
Operating profit relative to total assets
Optimal:
> 10%
|
-0.4%
Weak
Weak
Operating profit relative to total assets
Optimal:
> 10%
|
— |
| Return on Common Equity (%) (%) |
144.6%
Excellent
↑
Excellent
Improving
Profit generated per dollar of shareholder equity
Optimal:
> 15%
vs Sector:
Above avg (+864%)
|
-281.4%
Weak
Weak
Profit generated per dollar of shareholder equity
Optimal:
> 15%
vs Sector:
Below avg (-1976%)
|
— |
-110.3%
Weak
Weak
Profit generated per dollar of shareholder equity
Optimal:
> 15%
vs Sector:
Below avg (-835%)
|
— | — |
| Metric | FY 2026 Jun 30, 2026 10-K ↗ | FY 2025 Jun 30, 2025 10-K ↗ | FY 2024 Jun 30, 2024 10-K ↗ | FY 2023 Jun 30, 2023 10-K ↗ | FY 2022 Jun 30, 2022 10-K ↗ | FY 2021 Jun 30, 2021 10-K ↗ |
|---|---|---|---|---|---|---|
| Debt to Equity (x) |
11.80x
Weak
↑
Weak
Improving
Total debt relative to shareholder equity
Optimal:
< 0.6x
vs Sector:
Above avg (+1586%)
|
-42.77x
Excellent
↑
Excellent
Improving
Total debt relative to shareholder equity
Optimal:
< 0.6x
vs Sector:
Below avg (-6209%)
|
— |
-9.07x
Excellent
Excellent
Total debt relative to shareholder equity
Optimal:
< 0.6x
vs Sector:
Below avg (-1396%)
|
-444.01x
Excellent
Excellent
Total debt relative to shareholder equity
Optimal:
< 0.6x
vs Sector:
Below avg (-63530%)
|
— |
| Interest Coverage (x) | — | — | — |
2.02x
Caution
↑
Caution
Improving
Operating income divided by interest expense
Optimal:
> 5x
|
-0.11x
Weak
Weak
Operating income divided by interest expense
Optimal:
> 5x
|
-7.03x
Weak
Weak
Operating income divided by interest expense
Optimal:
> 5x
|
| Net Debt (USD) | $246.74M | $525.76M | $565.99M | $554.10M | $596.81M | — |
| Debt / EBITDA (x) |
2.73x
Fair
↓
Fair
Declining
Debt relative to earnings before interest, taxes, depreciation
Optimal:
< 2x
|
3.16x
Caution
↓
Caution
Declining
Debt relative to earnings before interest, taxes, depreciation
Optimal:
< 2x
|
3.61x
Caution
↓
Caution
Declining
Debt relative to earnings before interest, taxes, depreciation
Optimal:
< 2x
|
3.81x
Caution
Caution
Debt relative to earnings before interest, taxes, depreciation
Optimal:
< 2x
|
10.25x
Weak
Weak
Debt relative to earnings before interest, taxes, depreciation
Optimal:
< 2x
|
— |
| Metric | FY 2026 Jun 30, 2026 10-K ↗ | FY 2025 Jun 30, 2025 10-K ↗ | FY 2024 Jun 30, 2024 10-K ↗ | FY 2023 Jun 30, 2023 10-K ↗ | FY 2022 Jun 30, 2022 10-K ↗ | FY 2021 Jun 30, 2021 10-K ↗ |
|---|---|---|---|---|---|---|
| Working Capital (USD) | $-226.10M | $-265.27M | $-286.74M | $-245.36M | $-203.64M | — |
| LT Debt (USD) | $540.33M | $568.78M | $599.25M | $630.18M | $654.91M | — |
| Total Equity (USD) | $45.78M | $-13.30M | — | $-69.47M | $-1.48M | — |
| Metric | FY 2026 Jun 30, 2026 10-K ↗ | FY 2025 Jun 30, 2025 10-K ↗ | FY 2024 Jun 30, 2024 10-K ↗ | FY 2023 Jun 30, 2023 10-K ↗ | FY 2022 Jun 30, 2022 10-K ↗ | FY 2021 Jun 30, 2021 10-K ↗ |
|---|---|---|---|---|---|---|
| Sales/Revenue/Turnover (USD) | $1.06B | $942.73M | $959.26M | $851.50M | $653.49M | $81.81M |
| Depreciation Expense (USD) | $56.07M | $57.77M | $53.88M | $60.46M | $69.53M | $71.58M |
| Net Income, GAAP (USD) | $66.19M | $37.43M | $144.30M | $76.60M | $-133.34M | $-218.61M |
| Operating Cash Flow (USD) | $351.44M | $115.30M | $111.27M | $135.69M | $95.35M | $-148.12M |
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Benchmark Lens
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Open lens
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Signals
Key bullish and bearish indicators for MSGE
Return on Common Equity (%) is in the top quartile
Debt to Equity is concerning (bottom quartile)
Percentile Rankings
How MSGE compares to all companies
Peer Comparison
MSGE vs similar peers
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Stack MSGE against similar companies across every metric on this page.
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Synced yesterday 6 years · 18 quarters