Madison Square Garden Entertainment Corp.
SPHR
Rank in Stocks
#4000
Madison Square Garden Entertainment Corp., founded in New York, New York, in... Madison Square Garden Entertainment Corp., founded in New York, New York, in 2006, operates within the entertainment sector. The company specializes in producing, presenting, and hosting a diverse array of live events. This includes concerts, family-oriented shows, and various special events, as well as sporting competitions such as professional boxing, collegiate basketball and hockey, professional bull riding, mixed martial arts, esports, and wrestling. These events are staged across its portfolio of iconic venues, including The Garden, Hulu Theater, Radio City Music Hall, and the Beacon Theatre in New York City, alongside The Chicago Theatre. Beyond live performances, MSG Entertainment manages a significant hospitality division, overseeing 70 entertainment dining and nightlife venues under brands like Tao, Marquee, Lavo, Beauty & Essex, Cathédrale, Hakkasan, and Omnia, spanning 20 markets across five continents. The company also organizes New England's leading music festival and proudly features the renowned Radio City Rockettes, who are the stars of its annual Christmas Spectacular at Radio City Music Hall.
Share Price
$121.40
Last synced: 2026-11-09
Market Cap
$3.81B
Change (1 day)
1.15%
Change (1 year)
55.40%
Country
Stock data: Financial Modeling Prep·Updated ·Not investment advice·How we calculate this
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Category
Communication Services
Operating Margin for Madison Square Garden Entertainment Corp. (SPHR)
Operating Margin as of November 2026 TTM: -5.65%
According to Madison Square Garden Entertainment Corp.'s latest financial reports, its current operating margin (TTM) is -5.65%. At the end of 2025 the company had an operating margin of -21.72%.
Operating Margin history for Madison Square Garden Entertainment Corp. from 2016 to 2026
Operating Margin at the end of each year
| Year | Operating Margin | Change |
|---|---|---|
| 2026 (TTM) | -5.65% | -73.99% |
| 2025 | -21.72% | 0.00% |
| 2024 | -21.72% | -54.35% |
| 2023 | -47.58% | 75.12% |
| 2022 | -27.17% | -372.79% |
| 2021 | 9.96% | -39.19% |
| 2020 | 16.38% | -476.55% |
| 2019 | -4.35% | 37.66% |
| 2018 | -3.16% | -77.17% |
| 2017 | -13.84% | 163.12% |
| 2016 | -5.26% | 0.00% |
Operating Margin for similar companies or competitors
| Company | Operating Margin | Operating Margin Difference | Country |
|---|---|---|---|
| 31.30% | -105.54% |
US
|
|
| 16.00% | -102.83% |
US
|
|
| 5.73% | -101.01% |
US
|
|
| 3.44% | -100.61% |
US
|
|
| 15.98% | -102.83% |
NL
|
What is a company's Operating Margin?
The operating margin is a key indicator to assess the profitability of a company. Higher operating margins are generaly better as they show that a company is able to sell its products or services for much more than their production costs. The operating margin is calculated by dividing a company's earnings by its revenue.
Questions about Madison Square Garden Entertainment Corp.'s operating margin
What is Madison Square Garden Entertainment Corp.'s operating margin?
Madison Square Garden Entertainment Corp.'s operating margin is -5.65%, as of Nov 2026.
What was Madison Square Garden Entertainment Corp.'s operating margin in 2025?
In 2025, Madison Square Garden Entertainment Corp.'s operating margin was -21.72%, compared with -21.72% in 2024.
How has Madison Square Garden Entertainment Corp.'s operating margin changed since 2020?
From 2020 to 2025, Madison Square Garden Entertainment Corp.'s operating margin was highest in 2020 (16.38%) and lowest in 2023 (-47.58%).
How does Madison Square Garden Entertainment Corp.'s operating margin compare with similar companies?
Madison Square Garden Entertainment Corp.'s operating margin (-5.65%) is lower than that of all 5 similar companies listed above. The highest among them is Netflix, Inc., with 31.30%.