Manchester United vs Madison Square Garden Sports
Madison Square Garden Sports is the larger business, with $1.15bn of revenue in fiscal 2026 against $910m for Manchester United (1.3 times as much). Madison Square Garden Sports grew faster (11.0% against 5.4%). Madison Square Garden Sports kept more of each dollar of sales as profit: a net margin of 0.7% against -6.3%.
| Latest fiscal year | Manchester UnitedMANU, 2026 | Madison Square Garden SportsMSGS, 2026 |
|---|---|---|
| Revenue | $910m | $1.15bn |
| Revenue growth | 5.4% | 11.0% |
| Net income | −$57.7m | $7.8m |
| Operating margin | 3.3% | 2.5% |
| Net margin | -6.3% | 0.7% |
| Return on equity | -24.8% | — |
| Free cash flow | $125m | $61.3m |
| Cash | $89.2m | $165m |
| Total debt | $913m | $259m |
| Debt to equity | 458.2% | — |
| Dividend per share | — | — |
| Dividend yield | — | 0.0% |
| Share buybacks | — | — |
| Employees | — | — |
| Market value | $3.73bn | $7.60bn |
| Price vs our value range | Above our value range | Above our value range |
| Moat score | — | 27 (Weak) |
| Insider trades, 12 months | 0 buys, 0 sales | 0 buys, 4 sales |