5 years of revenue, profit, cash flow and balance-sheet history through FY2025, from SEC filings — with a computed, factual read of the trend. Updated Overview →
| FY | Revenue | Net income | Gross M | Op M | FCF | Total debt | Cash |
|---|---|---|---|---|---|---|---|
| 2025 | $863M | $37M | 0.0% | 14.2% | — | $569M | $43M |
| 2024 | $886M | $144M | 0.0% | 12.6% | — | $599M | $33M |
| 2023 | $780M | $77M | 0.0% | 13.5% | — | $630M | $76M |
| 2022 | $582M | -$133M | 0.0% | -1.0% | — | $655M | $58M |
| 2021 | $57M | -$219M | 0.0% | -412.8% | — | — | — |
| Quarter | Revenue | Net income | Gross M | Op M | FCF | Total debt | Cash |
|---|---|---|---|---|---|---|---|
| Mar '26 | $211M | $5M | 0.0% | 7.6% | — | $547M | $323M |
| Dec '25 | $425M | $93M | 0.0% | 38.6% | — | $555M | $157M |
| Sep '25 | $154M | -$22M | 0.0% | -19.3% | — | $582M | $30M |
| Jun '25 | $145M | -$27M | 0.0% | -17.7% | — | $569M | $43M |
| Mar '25 | $206M | $8M | 0.0% | 13.3% | — | $577M | $89M |
| Dec '24 | $378M | $76M | 0.0% | 36.8% | — | $585M | $55M |
| Sep '24 | $134M | -$19M | 0.0% | -13.8% | — | $647M | $37M |
| Jun '24 | $178M | $67M | 0.0% | -5.0% | — | $599M | $33M |
| Mar '24 | $192M | $3M | 0.0% | 8.8% | — | $602M | $28M |
| Dec '23 | $377M | $125M | 0.0% | 36.4% | — | $606M | $35M |
| Sep '23 | $140M | -$51M | 0.0% | -23.9% | — | $699M | $37M |
| Jun '23 | $143M | -$24M | 0.0% | -15.2% | — | $630M | $76M |
| Mar '23 | $169M | $22M | 0.0% | 14.6% | — | $660M | — |
| Dec '22 | $323M | $97M | 0.0% | 35.1% | — | — | — |
| Sep '22 | $144M | -$18M | 0.0% | -7.8% | — | — | — |
| Jun '22 | $168M | -$71M | 0.0% | -3.3% | — | $655M | $58M |
| Mar '22 | $164M | -$4M | 0.0% | 9.7% | — | — | — |
How the market has priced MSGE against its own fundamentals since 2023-03 — each month-end's share price set against the most recent annual filing, so the multiple moves as price runs ahead of (or behind) earnings. Split-adjusted.
Over the past 4 years, Madison Square Garden Entertainment Corp.'s revenue has grown 96.8% per year. These are computed facts, not advice.
As of FY2025, Madison Square Garden Entertainment Corp. reported $569M of total debt against $43M of cash; operating income covered interest expense 2.4×.
In FY2025, gross margin was —, operating margin 14.2%, and net margin 4.3%.
As of Jun '26, Madison Square Garden Entertainment Corp. traded at a price-to-earnings ratio of about 99.8× (market cap ÷ latest annual net income). The valuation charts above show how its P/E, P/S have moved with the share price. These are computed facts, not advice.
All figures are extracted from the company’s SEC EDGAR/XBRL filings — 10-K annual reports and 10-Q quarterly reports (use the Annual / Quarterly toggle). Quarterly figures are derived from the as-filed statements (year-to-date amounts are differenced into discrete quarters). Growth rates and ratios are computed by tradmap; nothing here is investment advice.
Source: SEC EDGAR / XBRL (10-K + 10-Q filings) · prices EOD (Databento), corporate-action-adjusted · growth rates, valuation multiples & ratios computed by tradmap. Valuation uses each month-end price against the latest annual filing. Informational only — not investment advice.