Madison Square Garden Sports Debt-to-EBITDA Ratio Growth & History (MSGS)
Madison Square Garden Sports's debt-to-ebitda ratio was 36.21 for fiscal 2026.
View full Madison Square Garden Sports company overviewMadison Square Garden Sports annual debt-to-ebitda ratio history
| Fiscal year | Period ended | Debt-to-EBITDA ratio | Change | Growth |
|---|---|---|---|---|
| 2026 | 2026-06-30 | 36.21 | −29.51 | −44.91% |
| 2025 | 2025-06-30 | 65.72 | 58.31 | +787.20% |
| 2024 | 2024-06-30 | 7.41 | −5.23 | −41.36% |
| 2023 | 2023-06-30 | 12.63 | 1.73 | +15.89% |
| 2022 | 2022-06-30 | 10.90 | — | — |
| 2019 | 2019-06-30 | 0.90 | −0.12 | −11.67% |
| 2018 | 2018-06-30 | 1.01 | −1.05 | −50.91% |
| 2017 | 2017-06-30 | 2.06 | — | — |
Madison Square Garden Sports quarterly debt-to-ebitda ratio
| Fiscal quarter | Period ended | Debt-to-EBITDA ratio | Change | YoY change |
|---|---|---|---|---|
| Q4 2026 | 2026-06-30 | 36.21 | −29.51 | −44.91% |
| Q2 2026 | 2025-12-31 | 152.94 | 145.08 | +1845.60% |
| Q4 2025 | 2025-06-30 | 65.72 | 58.31 | +787.20% |
| Q3 2025 | 2025-03-31 | 12.82 | −0.95 | −6.89% |
| Q2 2025 | 2024-12-31 | 7.86 | −5.40 | −40.72% |
| Q1 2025 | 2024-09-30 | 7.02 | −3.79 | −35.06% |
| Q4 2024 | 2024-06-30 | 7.41 | −5.23 | −41.36% |
| Q3 2024 | 2024-03-31 | 13.77 | 4.65 | +51.04% |
| Q2 2024 | 2023-12-31 | 13.26 | 2.01 | +17.84% |
| Q1 2024 | 2023-09-30 | 10.81 | −0.14 | −1.29% |
| Q4 2023 | 2023-06-30 | 12.63 | 1.73 | +15.89% |
| Q3 2023 | 2023-03-31 | 9.11 | −13.88 | −60.35% |
| Q2 2023 | 2022-12-31 | 11.25 | — | — |
| Q1 2023 | 2022-09-30 | 10.95 | — | — |
| Q4 2022 | 2022-06-30 | 10.90 | — | — |
| Q3 2022 | 2022-03-31 | 22.99 | — | — |
| Q1 2021 | 2020-09-30 | 262.15 | 253.30 | +2864.03% |
| Q3 2020 | 2020-03-31 | 13.73 | 10.52 | +327.75% |
| Q2 2020 | 2019-12-31 | 2.73 | — | — |
| Q1 2020 | 2019-09-30 | 8.84 | 7.63 | +626.92% |
| Q4 2019 | 2019-06-30 | 0.90 | −0.12 | −11.67% |
| Q3 2019 | 2019-03-31 | 3.21 | 2.14 | +199.66% |
| Q1 2019 | 2018-09-30 | 1.22 | −0.21 | −14.96% |
| Q4 2018 | 2018-06-30 | 1.01 | −1.05 | −50.91% |
| Q3 2018 | 2018-03-31 | 1.07 | −0.10 | −8.34% |
| Q2 2018 | 2017-12-31 | 1.13 | — | — |
| Q1 2018 | 2017-09-30 | 1.43 | — | — |
| Q4 2017 | 2017-06-30 | 2.06 | — | — |
| Q3 2017 | 2017-03-31 | 1.17 | — | — |
Madison Square Garden Sports debt-to-ebitda ratio trends
Between the periods ended 2017-06-30 and 2026-06-30, Madison Square Garden Sports's debt-to-ebitda ratio increased from 2.06 to 36.21, a change of 34.14. The latest reported quarter, Q4 2026, shows 36.21.
What the debt-to-EBITDA ratio means
Debt-to-EBITDA compares interest-bearing debt with operating earnings before interest, taxes, depreciation, and amortization. It is commonly used to assess leverage, but it is generally unsuitable for banks and other financial companies.
How debt-to-EBITDA is calculated
TickerStat divides period-end total debt by annual EBITDA. Quarterly observations use trailing-12-month EBITDA. Periods with zero or negative EBITDA are excluded because the leverage multiple would not be meaningful. Fiscal periods can differ from calendar years, so exact period-end dates are included.
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