Madison Square Garden Entertainment annual operating margin
2021
2022
2023
2024
2025
2026
Madison Square Garden Entertainment Operating Margin Growth & History (MSGE)
Madison Square Garden Entertainment's operating margin was 13.34% for fiscal 2026.
View full Madison Square Garden Entertainment company overviewMadison Square Garden Entertainment annual operating margin history
| Fiscal year | Period ended | Operating margin | Change (percentage points) |
|---|---|---|---|
| 2026 | 2026-06-30 | 13.34% | +0.39 pp |
| 2025 | 2025-06-30 | 12.95% | +1.28 pp |
| 2024 | 2024-06-30 | 11.67% | −1.80 pp |
| 2023 | 2023-06-30 | 13.47% | +14.44 pp |
| 2022 | 2022-06-30 | −0.97% | +411.80 pp |
| 2021 | 2021-06-30 | −412.77% | — |
Madison Square Garden Entertainment quarterly operating margin
Q3.22
Q1.23
Q2.23
Q3.23
Q4.23
Q1.24
Q2.24
Q3.24
Q4.24
Q1.25
Q2.25
Q3.25
Q4.25
Q1.26
Q2.26
Q3.26
Q4.26
| Fiscal quarter | Period ended | Operating margin | Change (percentage points) |
|---|---|---|---|
| Q4 2026 | 2026-06-30 | −3.19% | +8.26 pp |
| Q3 2026 | 2026-03-31 | 7.64% | −5.62 pp |
| Q2 2026 | 2025-12-31 | 38.56% | +1.75 pp |
| Q1 2026 | 2025-09-30 | −19.29% | −5.51 pp |
| Q4 2025 | 2025-06-30 | −11.44% | −7.91 pp |
| Q3 2025 | 2025-03-31 | 13.26% | +4.49 pp |
| Q2 2025 | 2024-12-31 | 36.81% | +0.36 pp |
| Q1 2025 | 2024-09-30 | −13.79% | +10.13 pp |
| Q4 2024 | 2024-06-30 | −3.53% | +11.70 pp |
| Q3 2024 | 2024-03-31 | 8.77% | −5.81 pp |
| Q2 2024 | 2023-12-31 | 36.45% | +1.35 pp |
| Q1 2024 | 2023-09-30 | −23.91% | −16.08 pp |
| Q4 2023 | 2023-06-30 | −15.23% | −24.91 pp |
| Q3 2023 | 2023-03-31 | 14.58% | — |
| Q2 2023 | 2022-12-31 | 35.10% | — |
| Q1 2023 | 2022-09-30 | −7.84% | — |
| Q3 2022 | 2022-03-31 | 9.68% | — |
Madison Square Garden Entertainment operating margin trends
Over the last five reported fiscal years, Madison Square Garden Entertainment's operating margin increased from −412.77% to 13.34%, a change of +426.11 percentage points. The latest reported quarter, Q4 2026, shows −3.19%.
About the metric
What operating margin means
Operating margin measures the percentage of revenue left after operating costs and expenses. It shows how much operating profit a company generates from each dollar of revenue.
Calculation and source
How operating margin is calculated
TickerStat calculates operating margin as SEC-reported operating income divided by SEC-reported revenue for the same fiscal period. Changes are shown in percentage points. Fiscal periods can differ from calendar years, so exact period-end dates are included.
Review Madison Square Garden Entertainment filings at SEC.gov ↗