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Madison Square Garden Entertainment Corp
Previous close
$34.02
Day range
$33.23 - $33.92
Year range
$30.01 - $44.14
Market cap
1.64B USD
Avg Volume
384.72K
P/E ratio
12.91
Dividend yield
-
Primary exchange
NYSE
In the news
Financials
Income Statement
Revenue
Net income
| (USD) | Dec 2024info | Y/Y change |
|---|---|---|
Revenue | 407.42M | 1.18% |
Operating expense | 72.23M | 15.28% |
Net income | 75.89M | -39.41% |
Net profit margin | 18.63 | -40.10% |
Earnings per share | 1.70 | -34.77% |
EBITDA | 152.29M | 1.22% |
Effective tax rate | 39.46% | — |
Balance Sheet
Total assets
Total liabilities
| (USD) | Dec 2024info | Y/Y change |
|---|---|---|
Cash and short-term investments | 54.92M | 55.89% |
Total assets | 1.59B | 11.84% |
Total liabilities | 1.58B | 3.66% |
Total equity | 10.33M | — |
Shares outstanding | 47.84M | — |
Price to book | 154.64 | — |
Return on assets | 21.59% | — |
Return on capital | 31.45% | — |
Cash Flow
Net change in cash
| (USD) | Dec 2024info | Y/Y change |
|---|---|---|
Net income | 75.89M | -39.41% |
Cash from operations | 112.86M | 8.67% |
Cash from investing | -9.59M | -32.47% |
Cash from financing | -85.66M | 13.09% |
Net change in cash | 17.61M | 1,005.66% |
Free cash flow | 78.15M | 31.31% |
About
Madison Square Garden Entertainment Corp. is an American entertainment holding company based in New York City, controlled by the family of Charles Dolan.
The first incarnation of the company was established in April 2020 when The Madison Square Garden Company spun off its non-sports assets as an independent, publicly traded company. In April 2023, Madison Square Garden Entertainment was renamed Sphere Entertainment, and spun off its theatres and event businesses as a new company that inherited the Madison Square Garden Entertainment name. Sphere Entertainment holds a minority stake in the spin-off.
MSG Entertainment owns and operates its namesake Madison Square Garden in New York City, including the arena and The Theater at Madison Square Garden. In addition to the Garden itself, MSG Entertainment operates two other theaters in Manhattan: Radio City Music Hall and the Beacon Theatre. Outside New York City, MSG Entertainment owns and operates the Chicago Theatre. MSG Entertainment also produces the Radio City Christmas Spectacular at Radio City Music Hall and formerly in other venues around the United States. Wikipedia
Founded
Apr 20, 2023
Website
Employees
3,950
