Madison Square Garden Entertainment vs Madison Square Garden Sports
Madison Square Garden Entertainment and Madison Square Garden Sports are similar in size: $1.06bn and $1.15bn of revenue in their latest fiscal years. Madison Square Garden Entertainment grew faster (12.5% against 11.0%). Madison Square Garden Entertainment kept more of each dollar of sales as profit: a net margin of 6.2% against 0.7%.
| Latest fiscal year | Madison Square Garden EntertainmentMSGE, 2026 | Madison Square Garden SportsMSGS, 2026 |
|---|---|---|
| Revenue | $1.06bn | $1.15bn |
| Revenue growth | 12.5% | 11.0% |
| Net income | $66.2m | $7.8m |
| Operating margin | 13.3% | 2.5% |
| Net margin | 6.2% | 0.7% |
| Return on equity | — | — |
| Free cash flow | — | $61.3m |
| Cash | $294m | $165m |
| Total debt | $571m | $259m |
| Debt to equity | 1246.8% | — |
| Dividend per share | — | — |
| Dividend yield | — | 0.0% |
| Share buybacks | $25.0m | — |
| Employees | — | — |
| Market value | $3.90bn | $7.60bn |
| Price vs our value range | Within our value range | Above our value range |
| Moat score | — | 27 (Weak) |
| Insider trades, 12 months | 0 buys, 2 sales | 0 buys, 4 sales |