MSGENYSEServices-Miscellaneous Amusement & RecreationFiscal year ends June 30
Madison Square Garden Entertainment Corp.
Financials through Q4 FY2026, quarter ended Jun 30, 2026Last filing: 10-K on Aug 12, 2026
$77.54−0.22 (-0.28%)
Close on Oct 19, 2026
- Market cap
- $3.75B
- P/E (TTM)
- 56.2
- Dividend yield
- –
Margins
Share of revenue, fiscal years 2020 to 2026
Operating margin
13.3%+303.4 pts over 5 years
Net margin
6.2%+273.5 pts over 5 years
Growth rates
Compound annual growth to fiscal 2026
| Per year | 1 year | 3 years | 5 years | 10 years | Five-year pace |
|---|---|---|---|---|---|
| Revenue | +12.5% | +7.6% | +66.9% | – | |
| Operating income | +15.9% | +10.5% | – | – | |
| Net income | +76.8% | -4.8% | – | – | |
| EPS, diluted | +79.2% | -2.1% | – | – |
Returns and balance sheet
7 fiscal years. Hover a measure to see how it is calculated.
| Measure | FY2020 | FY2021 | FY2026 | Trend |
|---|---|---|---|---|
| Return on equity | – | – | 407.5% | |
| Return on assets | – | – | 3.7% | |
| Current ratio | – | – | 0.70 | |
| Debt to equity | – | – | 12.47 | |
| Net debt to EBITDA | – | – | 1.40× | |
| Interest coverage | – | -7.0× | 3.5× | |
| Diluted shares | – | 52M | 48M |
Cash use needs five years of cash flow figures
Madison Square Garden Entertainment does not report operating cash flow and capital expenditure for each of the last five fiscal years.
DuPont analysis
Return on equity split into margin, efficiency and leverage
Net margin6.2%
×Asset turnover0.59×
×Equity multiplier110.99×
=Return on equity, FY2026407.5%
| Fiscal year | Net margin | Asset turnover | Equity multiplier | Return on equity |
|---|---|---|---|---|
| FY2026 | 6.2% | 0.59× | 110.99× | 407.5% |
| FY2025 | 4.0% | 0.59× | -88.37× | -205.3% |
| FY2024 | 15.0% | 0.65× | -31.89× | -311.5% |
| FY2023 | 9.0% | 0.58× | -41.27× | -215.9% |
Piotroski F-Score
Nine tests of profitability, balance sheet and efficiency, fiscal 2026 against fiscal 2025
8of 8 tests passed in fiscal 2026. Some tests lack the figures they need.
- ProfitableNet income above zero$66.19M
- Cash generatingOperating cash flow above zero$351.44M
- Return on assets improvedROA up on the prior year2.4% → 4.0%
- Earnings backed by cashOperating cash flow above net income$351.44M vs $66.19M
- Less leverageLong-term debt to assets fell34.1% → 27.9%
- Better liquidityCurrent ratio rose0.47 → 0.70
- No dilutionShare count did not rise48M → 48M
- Gross margin improvedGross margin up on the prior year– → –
- More efficientAsset turnover rose0.61 → 0.64