Madison Square Garden Entertainment Corp. (MSGE) vs Sphere Entertainment Co. (SPHR)
Madison Square Garden Entertainment Corp. and Sphere Entertainment Co. are both Entertainment companies. Sphere Entertainment Co. is the larger, with a market value of $5.0B against $3.8B — 1.3× the size. Sphere Entertainment Co. has negative trailing earnings, so its P/E is not meaningful; Madison Square Garden Entertainment Corp. trades at 56.5×. Sphere Entertainment Co. grew revenue faster over the last twelve months: 27.5% against 12.5%. Madison Square Garden Entertainment Corp. has the higher net margin (6.24% vs −5.66%) and the higher return on invested capital (27.4% vs −3.93%). Across the 21 metrics below, Madison Square Garden Entertainment Corp. leads on 15 and Sphere Entertainment Co. on 6.
Valuation
Profitability
| Metric | MSGE | SPHR | Entertainment median |
|---|---|---|---|
| Gross margin | 45.11% | 54.23% | 45.02% |
| Operating margin | 13.34% | (11.41%) | 2.30% |
| Net margin | 6.24% | (5.66%) | 0.00% |
| Free cash flow margin | 30.46% | 26.46% | 1.56% |
| Return on equity | 407.54% | (3.38%) | 0.00% |
| Return on assets | 3.67% | (1.87%) | 0.00% |
| Return on invested capital | 27.44% | (3.93%) | 0.00% |
Growth
Health
Dividend
Size
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