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.

Revenue
+27.4%
EPS
+63.2%
Free cash flow
+33.3%
Total debt
−4.75%

Quarter to June 2026, against a year earlier

78.76 0.74 −0.93%
Market cap
$3.7B
P/E
56.3×
Fwd P/E
33.4×
Dividend yield
—
F-score
9/9
Altman Z
2.03
Beneish M
−3.01
Dividend safety
n/a

Madison Square Garden Entertainment Corp. (MSGE) Debt to equity

Alert me on Debt to equity

Madison Square Garden Entertainment Corp.'s debt to equity at the end of the quarter to 30 June 2026 was 12.5×. Over the past ten years it has ranged from −418× (fiscal 2022) to 12.5× (fiscal 2026) — the current reading is the highest in ten years. That is above the Entertainment industry median of 0.5× and above the Communication Services sector median of 0.2×.

Debt to equity, annual

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Annual newest first

Period Debt to equity Change
FY2026 12.5× —
FY2025 −45.1× —
FY2024 −26.6× —
FY2023 −9.3× —
FY2022 −418× —
FY2021 1.2× —
FY2020 0.0× —

Quarterly newest first

Period Debt to equity Change
Jun 2026 12.5× 3.57%
Mar 2026 12.0× (25.89%)
Dec 2025 16.2× —
Sep 2025 −9.3× —
15 more quarters

Against its own ten years

Low −418× High 12.5×
Ten-year median −9.3×
Current reading's percentile 100

Debt to equity against peers

Company Debt to equity
AMC AMC Entertainment Holdings, Inc. compare −2.7×
LION Lionsgate Studios Corp. compare −1.6×
SPHR Sphere Entertainment Co. compare 0.4×
VSNT Versant Media Group, Inc. compare 0.4×
BATRK Atlanta Braves Holdings, Inc. compare 1.2×
BATRA Atlanta Braves Holdings, Inc. compare 1.7×
CNK Cinemark Holdings Inc compare 3.9×
MANU Manchester United Ltd. compare 4.6×
MSGE Madison Square Garden Entertainment Corp. 12.5×
Entertainment industry median 0.5×
Communication Services sector median 0.2×
Market median 0.2×

What Debt to equity is

Debt to Equity Ratio shows how much a company relies on borrowed money compared with the money its shareholders have in the business.

(Long Term Debt (Total) + Current Part of Debt) ÷ Shareholders Equity (Total)

The full definition of Debt to equity →

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