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
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Madison Square Garden Entertainment Corp. (MSGE) EV/EBITDA
As of 4 November 2026, Madison Square Garden Entertainment Corp. (MSGE) trades at a EV/EBITDA of 20.1×. Over the past ten years it has ranged from 9.6× (April 2025) to 22.4× (August 2026); the current reading is higher than 93% of that period. That is above the Entertainment industry median of 9.6× and above the Communication Services sector median of 8.6×.
EV/EBITDA, daily
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Annual newest first
| Period | EV/EBITDA | Change |
|---|---|---|
| FY2026 | 20.6× | 52.58% |
| FY2025 | 13.5× | 3.08% |
| FY2024 | 13.1× | (4.03%) |
| FY2023 | 13.7× | 19.21% |
| FY2022 | 11.5× | 0.00% |
| FY2021 | 11.5× | 0.00% |
| FY2020 | 11.5× | — |
Quarterly newest first
| Period | EV/EBITDA | Change |
|---|---|---|
| Jun 2026 | 20.6× | 24.38% |
| Mar 2026 | 16.6× | 9.02% |
| Dec 2025 | 15.2× | (4.25%) |
| Sep 2025 | 15.9× | 17.51% |
| 13 more quarters | Free account |
Against its own ten years
EV/EBITDA against peers
| Company | EV/EBITDA |
|---|---|
| VSNT Versant Media Group, Inc. compare | 2.4× |
| LION Lionsgate Studios Corp. compare | 4.2× |
| CNK Cinemark Holdings Inc compare | 9.6× |
| AMC AMC Entertainment Holdings, Inc. compare | 9.6× |
| MANU Manchester United Ltd. compare | 13.3× |
| SPHR Sphere Entertainment Co. compare | 17.8× |
| MSGE Madison Square Garden Entertainment Corp. | 20.4× |
| BATRK Atlanta Braves Holdings, Inc. compare | 56.8× |
| BATRA Atlanta Braves Holdings, Inc. compare | 391× |
| Entertainment industry median | 9.6× |
| Communication Services sector median | 8.6× |
| Market median | 11.2× |
What EV/EBITDA is
Enterprise Value over EBITDA tells an investor how the market values a whole company, with debt added and cash taken off, against its operating earnings.
((Stock Price × Shares (Basic, Weighted) (latest quarter)) + (Long Term Debt (Total) (latest quarter) + Current Part of Debt (latest quarter)) − Cash & Short Term Investments (latest quarter)) ÷ EBITDA (TTM)
More on MSGE
- Revenue
- Net income
- EPS (diluted)
- EBITDA
- Free cash flow
- Operating cash flow
- Gross margin
- Operating margin
- Net margin
- Free cash flow margin
- P/E ratio
- P/S ratio
- P/B ratio
- Price to free cash flow
- EV/Sales
- EV/FCF
- Return on equity
- Return on assets
- Return on invested capital
- Debt to equity
- Current ratio
- Total debt
- Shares outstanding
- Book value per share
- Revenue growth
- Piotroski F-score
- Altman Z-score
- Beneish M-score
- The full statement