Madison Square Garden Entertainment (MSGE) vs Sphere Entertainment (SPHR)
Head-to-head comparison of performance, valuation, growth, profitability and dividends. Prices delayed 15 minutes; data as of Oct 8, 2026.
Summary
Madison Square Garden Entertainment (MSGE) has outperformed Sphere Entertainment (SPHR) over the past year, gaining 88.5% versus a gain of 78.0%. Sphere Entertainment is the larger company by market cap ($3.97 billion vs $3.90 billion), about 1.0 times the size. Madison Square Garden Entertainment converts more of its revenue into profit, with a net margin of 6.2% versus 2.7%.
Summary generated from market data by MetaCap's automated system. Methodology
Relative performance
Percent change in share price from the first common trading day shown; excludes dividends.
Head-to-head
| Metric | MSGE | SPHR |
|---|---|---|
| Share price | $82.42 | $110.47 |
| Market cap | $3.90B | $3.97B |
| 1-day change | +0.51% | +3.98% |
| YTD return | +52.16% | +11.74% |
| 1-year return | +88.46% | +78.05% |
| 5-year return | — | +228.30% |
| P/E ratio (TTM) | 59.72 | — |
| Forward P/E | 28.37 | — |
| EPS (TTM) | $1.38 | $-2.69 |
| Dividend yield | 0.00% | 0.00% |
| Annual dividend | $0.00 | $0.00 |
| Revenue (latest FY) | $1.06B | $1.22B |
| Revenue growth (YoY) | +12.52% | +18.81% |
| Net income (latest FY) | $66.19M | $33.41M |
| Operating margin | 13.34% | -18.82% |
| Net margin | 6.24% | 2.74% |
| 52-week high | $90.41 | $181.63 |
| 52-week low | $41.65 | $57.01 |
| Distance from 52-week high | -8.84% | -39.18% |
| Analyst consensus | none | buy |
| Avg. price target upside | +11.17% | +53.75% |
| Average volume | 429.30K | 739.16K |
| Shares outstanding | 40.44M | 29.05M |
| Employees | 1,060 | 1,100 |
| Sector | Consumer Discretionary | Consumer Discretionary |
| Industry | Services-Misc. Amusement & Recreation | Services-Misc. Amusement & Recreation |
Highlighted cells mark the higher value for growth, returns, margins and yield, and the lower value for P/E ratios. Highlighting is a mechanical comparison, not a recommendation.
Key differences
- MSGE has outperformed SPHR by 10.4 percentage points over the past year.
- Sphere Entertainment grew revenue faster in its latest fiscal year (+18.81% vs +12.52%).
About Madison Square Garden Entertainment
MSGE stock →Madison Square Garden Entertainment Corp., through its subsidiaries, engages in live entertainment business. The company produces, presents, and hosts live entertainment events, such as concerts, sporting events, family shows, family shows, performing arts events, and special events.
Consumer Discretionary · Services-Misc. Amusement & Recreation · 1,060 employees
About Sphere Entertainment
SPHR stock →Sphere Entertainment Co. operates as a live entertainment and media company in the United States.
Consumer Discretionary · Services-Misc. Amusement & Recreation · 1,100 employees
MSGE vs SPHR FAQ
Which is bigger, Madison Square Garden Entertainment or Sphere Entertainment?
Sphere Entertainment (SPHR) is larger, with a market capitalization of $3.97B compared with $3.90B for Madison Square Garden Entertainment (MSGE).
Which stock has performed better over the past year, MSGE or SPHR?
MSGE returned +88.46% over the past 12 months, compared with +78.05% for SPHR (price return, excluding dividends). Past performance does not predict future results.
Are Madison Square Garden Entertainment and Sphere Entertainment in the same industry?
Yes. Both are classified in the Services-Misc. Amusement & Recreation industry within the Consumer Discretionary sector.