Madison Square Garden Entertainment Financial Ratios
NYSE: MSGEConsumer DiscretionaryServices-Misc. Amusement & RecreationUSD
At close: Oct 9, 4:00 PM ET · Delayed 15 min
Madison Square Garden Entertainment ratio analysis
Madison Square Garden Entertainment earned a net margin of 6.2% in FY 2026, up from 4.0% a year earlier. Return on equity reached 144.6%, meaning Madison Square Garden Entertainment generated 1.45 dollars of profit for every dollar of shareholders' equity, an unusually high figure that often reflects a small equity base after share buybacks. Debt-to-equity stood at 12.47, and the current ratio was 0.70.
At the end of FY 2026, MSGE traded at 56.8 times earnings; across the 4 fiscal years shown, its year-end P/E ranged from 11.5 to 56.8, with a median of 37.4. Valuation ratios use the closing share price on each fiscal year-end date and diluted shares from the income statement; profitability and leverage ratios use reported annual figures. Current valuation multiples are on the statistics page.
Summary generated from market data by MetaCap's automated system. Methodology
Madison Square Garden Entertainment financial ratios (annual)
| Ratio | FY 2026 | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
| P/E ratio (at fiscal year end) | 56.80 | 51.96 | 11.53 | 22.87 | — | — |
| Price / sales | 3.51 | 2.04 | 1.72 | 2.05 | — | — |
| Price / book | 81.26 | — | — | — | — | — |
| Operating margin | 13.3% | 13.0% | 11.7% | 12.3% | -0.9% | -290.0% |
| Net margin | 6.2% | 4.0% | 15.0% | 9.0% | -20.4% | -267.2% |
| Free cash flow margin | 33.1% | 12.2% | 11.6% | 15.9% | 14.6% | -181.0% |
| Return on equity (ROE) | 144.6% | — | — | — | — | -43.8% |
| Return on assets (ROA) | 3.4% | 2.2% | 9.3% | 5.5% | -8.7% | — |
| Debt / equity | 12.47 | — | — | — | — | — |
| Current ratio | 0.70 | 0.47 | 0.43 | 0.55 | 0.63 | — |
| Revenue growth | 12.5% | -1.7% | 12.7% | 30.3% | 698.8% | — |
| EPS growth | 79.2% | -74.1% | 102.0% | — | — | — |