Services-Miscellaneous Amusement & Recreation · SIC 7990
Madison Square Garden Entertainment Corp.
MSGE
Latest revenue
$210.8M
as of 2026-03-31
Latest net income
$5.1M
as of 2026-03-31
Net margin
2.4%
as of 2026-03-31
Price · 5Y
Live market
delayed ≤15 min- Market cap
- —
- Enterprise value
- —
- P/E (trailing)
- —
- Forward P/E
- —
- P/B
- —
- Dividend yield
- 0.0%
- 52-wk high
- $70.81
- 52-wk low
- $35.31
- Beta
- —
- Shares out
- —
5-year trend
What this company does
Item 1. Business Madison Square Garden Entertainment Corp. is a Nevada corporation with its principal executive offices at Two Pennsylvania Plaza, New York, NY, 10121. Unless the context otherwise requires, all references to “we,” “us,” “our,” “MSG Entertainment” or the “Company” refer collectively to Madison Square Garden Entertainment Corp., a holding company, and its direct and indirect subsidiaries. We conduct substantially all of our business activities discussed in this Annual Report on Form 10-K through MSG Entertainment Holdings, LLC and its direct and indirect subsidiaries. The Company was originally incorporated in the state of Delaware on September 15, 2022 as a direct,…
AI summary unavailable — showing raw filing excerpt
Generated from MSGE's filing dated 2025-08-13
Key risks
Item 1A. Risk Factors Risks Related to Our Business Our business faces intense and wide-ranging competition that may have a material negative effect on our business and results of operations. Our business competes, in certain respects and to varying degrees, with other leisure-time activities and entertainment options, such as television, radio, motion pictures, sporting events, music festivals and other live performances, restaurants and nightlife venues, the Internet, social media and social networking platforms, and online and mobile services, including sites for online content distribution, video on demand and other alternative sources of entertainment and information, in addition to…
AI summary unavailable — showing raw filing excerpt
Generated from MSGE's filing dated 2025-08-13
Profitability
Operating margin
13.0%
11.0%Net margin
4.0%
73.6%Return on equity
-110.3%
101.2%Return on assets
2.2%
75.9%Leverage
Debt / equity
-21.17×
98.0%Long-term debt / equity
-9.07×
98.0%Debt / assets
105.0%
4.9%Earnings tracker
| Quarter | Revenue | YoY | Net income | YoY | Net margin |
|---|---|---|---|---|---|
Q1 2026 2026-03-31 | $210.8M | +2.3% | $5.1M | -36.4% | 2.4% |
Q4 2025 2025-12-31 | $424.8M | +12.5% | $71.1M | +25.6% | 16.7% |
Q3 2025 2025-09-30 | $154.1M | +15.0% | $-21.7M | -12.1% | -14.0% |
Q2 2025 2025-06-30 | $225.1M | -10.3% | $-7.9M | -106.7% | -3.5% |
Q1 2025 2025-03-31 | $206.0M | +7.5% | $8.0M | +187.5% | 3.9% |
Q4 2024 2024-12-31 | $377.6M | +0.1% | $56.6M | -24.1% | 15.0% |
Q3 2024 2024-09-30 | $134.1M | -4.1% | $-19.3M | +61.9% | -14.4% |
Q2 2024 2024-06-30 | $250.9M | — | $117.6M | — | 46.9% |
Year-over-year change vs the same fiscal quarter one year prior. Revenue + net income sourced from SEC 10-Q / 10-K filings — no analyst-consensus dependency.
Industry trend
Services-Miscellaneous Amusement & Recreation · SIC 7990
Your notes
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Insider activity
Insider buying
$0
Insider selling
$1.2M
Net activity
−$1.2M
Distinct insiders
1
Open-market trades over the last 365 days.
Recent transactions
Source: SEC Form 4 filings. Officers, directors, and 10%+ owners must disclose share transactions within two business days. RSU grants and tax-withholding rows are excluded by default — compensation activity is not a trading signal.
Who owns MSGE
Institutional value
$882.7M
Total shares held
15.1M
Distinct holders
133
-103 vs prior
As of
2026-03-31
Prior: 2025-12-31
Filers with $100M+ AUM disclose holdings 45 days after quarter end.
Top institutional holders
| # | Manager | Shares | Value | QoQ change | Action |
|---|---|---|---|---|---|
| 1 | BlackRock, Inc. | 2.9M | $168.9M | -99.1K (-3.3%) | Trimmed |
| 2 | VANGUARD PORTFOLIO MANAGEMENT LLC | 1.8M | $104.3M | — | New |
| 3 | VANGUARD CAPITAL MANAGEMENT LLC | 1.8M | $103.7M | — | New |
| 4 | Assenagon Asset Management S.A. | 1.2M | $71.3M | +140.6K (+13.1%) | Added |
| 5 | Walleye Capital LLC | 945.2K | $55.7M | +311.7K (+49.2%) | Added |
| 6 | DIMENSIONAL FUND ADVISORS LP | 810.2K | $47.7M | -27.7K (-3.3%) | Trimmed |
| 7 | Clearbridge Investments, LLC | 802.1K | $47.3M | -63.2K (-7.3%) | Trimmed |
| 8 | SYSTEMATIC FINANCIAL MANAGEMENT LP | 795.2K | $46.8M | -68.7K (-7.9%) | Trimmed |
| 9 | Nuveen, LLC | 673.5K | $39.7M | -50.9K (-7.0%) | Trimmed |
| 10 | UBS Group AG | 374.0K | $22.0M | +79.1K (+26.8%) | Added |
| 11 | NEW YORK STATE COMMON RETIREMENT FUND | 308.5K | $18.2M | +0 (+0.0%) | No change |
| 12 | VANGUARD FIDUCIARY TRUST CO | 278.4K | $16.4M | — | New |
| 13 | JANE STREET GROUP, LLC | 199.9K | $11.8M | +51.7K (+34.9%) | Added |
| 14 | WELLS FARGO & COMPANY/MN | 170.8K | $10.1M | +75.2K (+78.7%) | Added |
| 15 | Invesco Ltd. | 143.4K | $8.4M | -19.6K (-12.0%) | Trimmed |
| 16 | JPMORGAN CHASE & CO | 138.9K | $7.9M | +105.4K (+314.1%) | Added |
| 17 | FIRST TRUST ADVISORS LP | 131.1K | $7.7M | +74.2K (+130.2%) | Added |
| 18 | Bank of New York Mellon Corp | 110.7K | $6.5M | -4.0K (-3.5%) | Trimmed |
| 19 | CITIGROUP INC | 86.1K | $5.1M | -1.5K (-1.7%) | Trimmed |
| 20 | SPIREPOINT PRIVATE CLIENT, LLC | 82.2K | $4.8M | — | New |
Source: SEC Form 13F-HR. Positions aggregated across sub-managers within each firm. Options (puts/calls) excluded — common stock only.
Top questions investors are asking
Coming once MSGE's latest filing finishes processing.