Saturday 17 October 2026 Export MSGE’s income statement to Excel — free account

Madison Square Garden Entertainment Corp.

MSGE Communication Services Entertainment

Madison Square Garden Entertainment Corp.’s revenue for fiscal 2026 (year ended June 2026) was $1.1 billion, up 12.5% from fiscal 2025. In the quarter to June 2026, revenue grew 27.4%, EPS grew 63.2%, free cash flow grew 33.3% and total debt fell 4.75%, each against the same quarter a year earlier.

77.76 1.96 −2.46%

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Market cap: $3.8B
P/E: 55.5×
Fwd P/E: 31.2×
Dividend yield: —
F-score: 9/9
Altman Z: 2.03
Beneish M: −3.01
Dividend safety: n/a

Overview Business Profile Financial Analysis Income Statement Balance Sheet Cash Flow Metrics & Ratios 10-Q 10-K

Insider Decisions trades per month

Total sells 1.97

Totals in millions of $.

	Dec 25			Mar 26			Jun 26			Sep 26
Buy	—	—	—	—	—	—	—	—	—	—	—	—
Sell	—	—	—	1	—	—	—	1	—	—	—	—

Insider Ownership 18.65%

Capital & Financial Ratios $m

Market Cap 3,770.00

Revenue 1,060.78

Net Income 66.19

Free Cash Flow 323.09

Net Debt 276.65

Current Ratio 0.70

Debt/Equity 12.47

P/E ratio 55.54

Fwd P/E 31.20

P/S ratio 3.48

P/B ratio 80.61

Past 5Y EPS Growth —

This Y EPS Growth 77.99%

Next Y EPS Growth 11.40%

Next Y revenue growth 6.15%

Next 5Y EPS Growth 40.97%

Green and red mark values outside typical ranges. How we judge →

Valuation vs history

EV/Sales, ten years

P/E against its own 10 years 77.27%

10-year low 10-year high

P/S against its own 10 years 93.86%

10-year low 10-year high

EV/Sales against its own 10 years 93.86%

10-year low 10-year high

EV/FCF against its own 10 years 12.50%

10-year low 10-year high

Dividends

Payout Ratio —

Annual Dividend Rate —

Annual Dividend Yield —

Assets vs Liabilities $m

	2023	2024	2025	2026
Cash	84	34	44	294
Receivables	133	95	89	116
Inventory	—	—	—	—
Other	—	—	—	—
	295	219	237	522

	2023	2024	2025	2026
Payables	215	204	184	325
ST’ Debt	16	16	30	30
Other	—	—	—	—
	541	506	502	748

Compound Annual Growth %

	10y	5y	3y
Sales	—	66.94%	7.60%
Cash Flow	—	0.00%	37.33%
Earnings	—	0.00%	(4.75%)
Book Value	—	(37.97%)	0.00%

Revenue $m

	Sep	Dec	Mar	Jun	Year
’26	—	—	—	—	—
’26	158	460	246	196	1,061
’25	139	407	242	154	943
’24	142	403	228	186	959
’23	146	356	201	148	851
’22	—	—	194	—	653
’21	—	—	—	—	82

Fiscal quarters ending in the months shown.

Operating Cash Flow $m

	Sep	Dec	Mar	Jun	Year
’26	—	—	—	—	—
’26	20	164	184	(17)	351
’25	(27)	113	57	(27)	115
’24	1	104	6	0	111
’23	(57)	127	63	3	136
’22	—	—	60	35	95
’21	—	—	—	(148)	(148)

Fiscal quarters ending in the months shown.

Free Cash Flow $m

	Sep	Dec	Mar	Jun	Year
’26	—	—	—	—	—
’26	14	156	174	(21)	323
’25	(33)	104	54	(31)	93
’24	(2)	96	(3)	(4)	87
’23	(62)	122	60	0	121
’22	—	—	50	30	80
’21	—	—	—	(158)	(158)

Fiscal quarters ending in the months shown.

EPS $

	Sep	Dec	Mar	Jun	Year
’26	—	—	—	—	—
’26	(0.46)	1.94	0.11	(0.21)	1.38
’25	(0.40)	1.56	0.17	(0.57)	0.77
’24	(1.00)	2.59	0.06	1.41	2.97
’23	(0.35)	1.88	0.42	(0.47)	1.47
’22	—	—	(0.08)	—	(2.63)
’21	—	—	—	—	(4.24)

Fiscal quarters ending in the months shown.

Group	Line	2017	2018	2019	2020	2021	2022	2023	2024	2025	2026	2027e
Price, $
Price, $	Low	—	—	—	—	—	—	27.55	30.10	28.29	52.55	Analyst estimates 2027–2029 Powerpack
	High	—	—	—	—	—	—	40.81	44.14	55.75	90.41
People
People	Employees	—	—	—	—	—	4,583	5,820	6,700	6,600	6,260
	Revenue/emp, $m	—	—	—	0.00	0.00	0.14	0.15	0.14	0.14	0.17
Income, $m
Income, $m	Revenue	—	—	—	585	82	653	851	959	943	1,061
	Gross margin, %	—	—	—	34.91	(17.63)	36.14	41.29	40.70	43.18	45.11
	EBT	—	—	—	271	(214)	(136)	78	52	66	107
	EBT margin, %	—	—	—	46.33	(261.53)	(20.85)	9.13	5.45	6.95	10.08
	Net income	—	—	—	171	(219)	(136)	76	144	37	66
	Depreciation	—	—	—	88	76	76	64	57	61	58
Per share, $
Per share, $	Revenue	—	—	—	13.02	1.58	12.62	16.43	19.87	19.63	22.35
	Earnings	—	—	—	3.82	(4.24)	(2.63)	1.48	2.99	0.78	1.39
	Cash flow	—	—	—	0.70	(2.86)	1.84	2.62	2.30	2.40	7.40
	Capex	—	—	—	(0.66)	(0.20)	(0.31)	(0.29)	(0.50)	(0.46)	(0.60)
	Free cash flow	—	—	—	0.04	(3.06)	1.54	2.33	1.80	1.94	6.81
	Book value	—	—	—	0.00	9.63	(0.03)	(1.34)	(0.48)	(0.28)	0.96
	Shares, m	—	—	—	45	52	52	52	48	48	47
Valuation, ×
Valuation, ×	P/E	—	—	—	17.22	17.22	17.22	22.84	10.96	51.91	57.78
	P/S	—	—	—	1.85	1.85	1.85	2.05	1.71	2.04	3.62
	P/B	—	—	—	38.08	38.08	38.08	0.00	0.00	0.00	83.86
	EV/Sales	—	—	—	2.44	2.44	2.44	2.71	2.31	2.63	3.88
	EV/FCF	—	—	—	14.61	14.61	14.61	19.12	25.46	26.60	12.74
Cash, $m
Cash, $m	Operating cash flow	—	—	—	32	(148)	95	136	111	115	351
	Capex	—	—	—	(30)	(10)	(16)	(15)	(24)	(22)	(28)
	Free cash flow	—	—	—	2	(158)	80	121	87	93	323
Balance, $m
Balance, $m	Working capital	—	—	—	—	116	(204)	(245)	(287)	(265)	(226)
	Total debt	—	—	—	—	618	664	646	615	599	571
	Net debt	—	—	—	—	300	601	562	582	556	277
	Shareholders’ equity	—	—	—	—	499	(2)	(69)	(23)	(13)	46
Returns, %
Returns, %	ROA	—	—	—	0.00	(25.76)	(8.27)	5.23	9.77	2.32	3.67
	ROIC	—	—	—	0.00	(18.58)	(0.59)	13.32	12.52	14.07	27.44
	ROE	—	—	—	0.00	0.00	(53.65)	(215.58)	(311.54)	(205.30)	407.54

Negative figures in brackets.

All 10 years →

Fiscal years to Jun 2026 · latest quarter Jun 2026

Charts ten years each

Company	Market cap	P/E	Fwd P/E	Revenue growth (Q)	EPS growth (Q)	FCF growth (Q)	Gross margin (Q)	EBIT margin (Q)	Compare
CNK Cinemark Holdings Inc	$4.5B	20.7×	14.7×	+15.51% (above 0%: growing)	+46.34% (above 0%: growing)	+21.34% (above 0%: growing)	42.97%	21.45%	Compare
VSNT Versant Media Group, Inc.	$4.3B	3.9×	9.8×	—	—	−23.41% (below 0%: shrinking)	60.46%	22.32%	Compare
SPHR Sphere Entertainment Co.	$3.9B	— (loss-making)	— (loss-making)	+10.95% (above 0%: growing)	n/m	−92.89% (below 0%: shrinking)	51.84%	(19.53%)	Compare
MSGE Madison Square Garden Entertainment Corp.	$3.8B	55.5×	31.2×	+27.37% (above 0%: growing)	n/m	+33.34% (above 0%: growing)	38.63%	(4.40%)
MANU Manchester United Ltd.	$3.6B	— (loss-making)	75.1×	−3.71% (below 0%: shrinking)	n/m	+47.29% (above 0%: growing)	100.00%	(9.47%)	Compare
BATRK Atlanta Braves Holdings, Inc.	$3.2B	— (loss-making)	— (loss-making)	+8.59% (above 0%: growing)	n/m	−417.66% (below 0%: shrinking)	18.43%	0.00%	Compare
BATRA Atlanta Braves Holdings, Inc.	$3.2B	— (loss-making)	—	−2.34% (below 0%: shrinking)	n/m	−185.33% (below 0%: shrinking)	15.90%	(6.08%)	Compare
IMAX IMAX Corporation	$2.8B	67.8×	30.7×	+12.17% (above 0%: growing)	+33.33% (above 0%: growing)	+63.43% (above 0%: growing)	61.16%	20.20%	Compare
AMC AMC Entertainment Holdings, Inc.	$2.7B	— (loss-making)	— (loss-making)	+14.22% (above 0%: growing)	n/m	+113.27% (above 0%: growing)	65.68%	14.91%	Compare
Median of peers	$3.4B	20.7×	22.7×	+10.95%	—	−1.03%	56.15%	7.46%

All 53 Entertainment stocks →

Madison Square Garden Entertainment Corp. (MSGE) key facts

Strength: Madison Square Garden Entertainment Corp.’s revenue for fiscal 2026 (year ended June 2026) was $1.1 billion, up 12.5% from fiscal 2025.
Madison Square Garden Entertainment Corp. (MSGE) is an Entertainment company in the Communication Services sector, listed on the New York Stock Exchange.
As of October 16, 2026, MSGE traded at $77.76, a market capitalization of $3.8 billion.
Return on equity was 407.5% and debt-to-equity 12.47.
Its Piotroski F-score is 9 out of 9 and its Altman Z-score is 2.03 (grey zone) for fiscal 2026.

Source: company filings (standardised) and stockrow calculations.