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Madison Square Garden Sports Corp. MSGS

NYSE · stock · Services-Miscellaneous Amusement & Recreation · website · IPO 2015-09-17

Madison Square Garden Sports Corp. statistics & valuation

Market cap$9.5B
P / S9.1×
P / FCF107.5×
Dividend yield0.01%
Net margin-2.2%
FCF margin8.5%
Net debt$122.4M
Net debt / EBITDA6.8×
Enterprise value USD$9.6B
Earnings yield EBIT/EV0.2%
Return on capital1.6%

Market cap as of 2026-06-29. Multiples are price-derived and refreshed daily; everything else from the latest financial reports.

Profitability & efficiency

Net margin (%)
-6.90% -5.50% 9.10% 0.70% -30.20% -3.40% 6.20% 5.40% 5.70% -2.20% 2016201720182019202020212022202320242025
Gross margin (%)
2016201720182019202020212022202320242025
Operating margin (%)
-5.30% -4.30% -1.20% -3.60% -15.60% -18.90% 10.50% 9.60% 14.20% 1.40% 2016201720182019202020212022202320242025
Return on equity (%)
-3.00% -3.00% 5.50% 0.40% 2016201720182019202020212022202320242025
Shares outstanding
24.8M 23.9M 23.8M 23.9M 23.9M 24.1M 24.4M 24.2M 24.1M 24.1M 2016201720182019202020212022202320242025
Net debt ($)
$104.5M $100.2M -$4.3M $272.1M $290.1M $129.0M $254.6M $185.9M $122.4M 2016201720182019202020212022202320242025
Share buybacks ($)
2016201720182019202020212022202320242025
Return on assets (%)
-2.20% -2.00% 3.80% 0.30% -14.80% -1.10% 3.90% 3.60% 4.40% -1.50% 2016201720182019202020212022202320242025
Free cash flow margin (%)
4.80% 13.60% 1.60% -1.70% -59.50% -8.60% 21.60% 17.00% 8.80% 8.50% 2016201720182019202020212022202320242025
Debt / equity (×)
0.04× 0.04× 0.00× 2016201720182019202020212022202320242025
EPS ($)
-$3.12 -$3.05 $5.94 $0.48 -$7.62 -$0.58 $2.10 $1.89 $2.44 -$0.93 2016201720182019202020212022202320242025

Margins and returns computed from annual filings. Falling shares outstanding = buybacks; rising = dilution. Net debt = debt − cash (negative = net cash).

P / E vs its own history

Madison Square Garden Sports Corp. trades at about 169.7× earnings — above its 10-year norm (10-year range 37.5×–431×, median 82.1×).

37.5× 431×

Shaded band = 10-year range (37.5×–431×); dot = today's 169.7×.

Historical P/E = month-end price near each fiscal year-end ÷ that year's EPS. A read on whether the stock is cheap or dear relative to how it has typically been valued — not a forecast.

Key ratios (by fiscal year)

RatioFY2025FY2024FY2023FY2022FY2021FY2020FY2019FY2018FY2017FY2016
Operating margin1.4%14.2%9.6%10.5%-18.9%-15.6%-3.6%-1.2%-4.3%-5.3%
Net margin-2.2%5.7%5.4%6.2%-3.4%-30.2%0.7%9.1%-5.5%-6.9%
FCF margin8.5%8.8%17.0%21.6%-8.6%-59.5%-1.7%1.6%13.6%4.8%
Return on assets-1.5%4.4%3.6%3.9%-1.1%-14.8%0.3%3.8%-2.0%-2.2%
Return on equity8.0%-22.1%-14.2%-34.8%6.8%88.1%0.4%5.5%-3.0%-3.0%
Debt / equity-0.95×-1.03×-0.87×-1.50×-1.74×-1.69×0.00×0.04×0.04×—
Current ratio0.450.420.290.470.500.441.861.851.902.61

Computed from company filings · US · as of 2025-06-30. Facts plus Stocktoria's own computed scores — not investment advice.