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Companies / Communication Services / Madison Square Garden Entertainment Corp.
MSGE

Madison Square Garden Entertainment Corp.

Ticker MSGENEW YORK, NYFiscal year ends JuneBook value per share $0.95Diluted shares 48.0M

Madison Square Garden Entertainment Corp. (NYSE: MSGE) operates live entertainment venues and produces and presents events, including concerts, sporting events, family shows, performing arts and special events. Its five venues are Madison Square Garden and the Infosys Theater at Madison Square Garden, Radio City Music… From the company’s description.

In fiscal 2026, Madison Square Garden Entertainment Corp. reported revenue of $1.06B, up 12.5% from fiscal 2025, and net income of $66.19M. Its operating margin was 13.3%, and operations generated $351.44M in cash.

Fiscal year 2026 · ends 06-30Changes are against fiscal 2025
Sales & profitability
$1.06BFY2026
+12.5% year over year
13.34%FY2026
+0.4 percentage points
$66.19MFY2026
+76.8% year over year
163.47%FY2026
+497.5 percentage points
Cash & financing
$351.44MFY2026
+204.8% year over year
$323.09MFY2026
+247.1% year over year
12.47FY2026
Was -45.06× a year earlier
48.0MFY2026
−0.7% year over year

Margins and return on equity change in ; everything else in percent. Fewer shares and less debt are shown plainly, not as bad news — it depends what you make of buybacks. Dotted labels explain each measure.

What Madison Square Garden Entertainment Corp. does

In the company’s own words

Madison Square Garden Entertainment Corp. (NYSE: MSGE) operates live entertainment venues and produces and presents events, including concerts, sporting events, family shows, performing arts and special events. Its five venues are Madison Square Garden and the Infosys Theater at Madison Square Garden, Radio City Music Hall and the Beacon Theatre in New York City, and The Chicago Theatre. The company also owns the Christmas Spectacular Starring the Radio City Rockettes and books events for its venues, which host home games for the NBA’s New York Knicks and the NHL’s New York Rangers under long-term arena license agreements with MSG Sports. Customers include eventgoers, corporate hospitality clients, sponsors, artists, promoters and sports organizations. The company reports one segment. In fiscal 2026, it hosted approximately 6.4 million guests at nearly 960 events and employed approximately 1,060 full-time and 5,200 part-time workers as of June 30, 2026. Madison Square Garden Entertainment was spun off from Sphere Entertainment in April 2023, after which Sphere Entertainment exited its shareholding. Its website is www.msgentertainment.com.

Company details
Sector
Communication Services
Industry (SIC)
Services
Headquarters
NEW YORK, NY
Fiscal year end
June
CIK
1952073
SIC
7990

Financial performance, year by year

Fiscal 2023–2026 · USD
$-106.08M$212.16M$530.39M$848.63M$1.17B2023202420252026

The full income statement, balance sheet and cash flow for each of these years — every figure traceable to its filing — is on the Financials tab with a free account.

Ownership

Who owns Madison Square Garden Entertainment Corp. — and what changed

Funds as of 2026Q2 · superinvestors as of 2026-06-30

225
funds hold it
0 of 35
superinvestors hold it
$1.06B
held by funds, at market
34.2%
of shares held by funds

Largest fund holders · Madison Square Garden Entertainment Corp.’s weight in each

Ariel Fund
ARGFX · Ariel Investment Trust
5.26%of fund net assets
VANGUARD TOTAL STOCK MARKET INDEX FUND
VTI · VANGUARD INDEX FUNDS
0.00%of fund net assets
iShares Russell 2000 ETF
IWM · iShares Trust
0.10%of fund net assets
VANGUARD SMALL-CAP INDEX FUND
VB · VANGUARD INDEX FUNDS
0.04%of fund net assets
ClearBridge Growth Fund
SHRAX · Legg Mason Partners Investment Trust
—of fund net assets

Fund ownership is a floor, not a census — pensions, insurers and people holding shares directly are not visible here.

Fund ownership counts N-PORT filers only, so it is a floor rather than a census — pensions, insurers and direct holders are not visible here, and the remainder is not “held by individuals”.

Could not be determined for this company: bond issues.

Every fund and institutional holder, quarter by quarter, is on the Ownership tab with a free account.

Connected research

Put this business in context.

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  • “How do Madison Square Garden Entertainment Corp. and its peers compare on margins and cash generation over ten years?”
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