MSGK
Madison Square Garden Sports Corp.
MSGK lost money over the past year, so it has no meaningful PE right now. Analysts expect losses to shrink.
MSGK Fundamentals
| Metric | Status |
|---|---|
| Healthy | |
| Healthy | |
| Under pressure | |
| Weak |
MSGK's revenue and profitability are currently healthy, but its cash flow and balance sheet are under pressure.
MSGK PE Valuation
MSGK has no meaningful PE right now: it lost money over the past year.
MSGK Forward outlook
| Metric | Outlook |
|---|---|
| -- | |
| Losses shrinking | |
| Stable | |
| Improving | |
| Limited | |
| High |
Analysts expect MSGK's losses to shrink, with revenue holding steady.
MSGK Earnings Per Share
| Quarter | TTM EPS | YoY |
|---|---|---|
| Q2 2026 | $0.24 | +$0.94 |
| Q1 2026 | -$0.71 | -518% |
| Q4 2025 | -$0.53 | -130% |
| Q3 2025 | -$0.75 | -134% |
| Q2 2025 | -$0.70 | -138% |
| Q1 2025 | $0.17 | -77% |
| Q4 2024 | $1.79 | +50% |
| Q3 2024 | $2.20 | +59% |
MSGK has returned to profit: it earned $0.24 per share over the past year, after losing money the year before.
MSGK Quarterly Revenue
| Quarter | Revenue | YoY |
|---|---|---|
| Q3 2026 | $45.5M | +15% |
| Q2 2026 | $278.7M | +37% |
| Q1 2026 | $432.2M | +1.9% |
| Q4 2025 | $403.4M | +13% |
| Q3 2025 | $39.5M | -26% |
| Q2 2025 | $204M | -10% |
| Q1 2025 | $424.2M | -1.3% |
| Q4 2024 | $357.8M | +9.4% |
MSGK's revenue is recovering but still below its 2019 peak: $45M last quarter, up 15% from the same quarter a year ago.
| Quarter | Margin | YoY |
|---|---|---|
| Q3 2026 | -56% | +14 points |
| Q2 2026 | 12% | +23 points |
| Q1 2026 | 0.5% | -7.2 points |
| Q4 2025 | 5.5% | +1.8 points |
| Q3 2025 | -70% | -54 points |
| Q2 2025 | -11% | -34 points |
| Q1 2025 | 7.6% | -11 points |
| Q4 2024 | 3.7% | -5.1 points |
MSGK's operating margin was −56% last quarter, up 14 points from the same quarter a year ago.
MSGK Free Cash Flow
| Quarter | Free cash flow | YoY |
|---|---|---|
| Q3 2026 | -$146.9M | -$61.6M |
| Q2 2026 | $57.6M | +17% |
| Q1 2026 | $57.4M | +1369% |
| Q4 2025 | $31.6M | -48% |
| Q3 2025 | -$85.3M | -$58.8M |
| Q2 2025 | $49.4M | -54% |
| Q1 2025 | $3.9M | -0.9% |
| Q4 2024 | $61.2M | +84% |
MSGK's free cash flow was −$353,000 over the past year, against $29M the year before.
MSGK Total Shares
| Period | Change % | Net change |
|---|---|---|
| Quarterly | +0.4% | +113K shares |
| 1 year | +0.7% | +216K shares |
| 3 years | +0.2% | +77K shares |
| 5 years | +0.5% | +163K shares |
| Available history | -28% | -12.4M shares |
MSGK has 32M diluted shares, up 0.7% from a year ago.
| Quarter | Spent |
|---|---|
| Q2 2020 | $330,000 |
MSGK Net Leverage
| Quarter | Net Leverage | Status |
|---|---|---|
| Q3 2026 | 7.6x | High |
| Q2 2026 | 2.9x | Moderate |
| Q4 2025 | 27.0x | High |
| Q2 2025 | 8.1x | High |
| Q1 2025 | 2.1x | Moderate |
| Q4 2024 | 1.4x | Healthy |
| Q3 2024 | 1.6x | Healthy |
| Q2 2024 | 1.5x | Healthy |
MSGK's net debt is about 7.6 years of its operating earnings (EBITDA), up from 2.1 years a year ago.
MSGK Weekly Momentum
| Metric | Value | Status |
|---|---|---|
| RSI | 66.2 | Neutral |
| Stochastic | 64.3 | Neutral |
MSGK's weekly RSI is 66 (neutral) and its Stochastic is 64 (neutral).
MSGK PE vs Communication Services Sector
| Metric | MSGK | Sector median | Relative |
|---|---|---|---|
| PE | 1,299x | 16x | 7,775% above |
| PE % | 100 | 26 | 74 pts above |
MSGK has no meaningful PE right now: it lost money over the past year.
MSGK Weekly Moving Averages
| Moving average | MA price | Relative |
|---|---|---|
| 8 week MA | $305.3 | 3.1% above |
| 20 week MA | $300.6 | 4.8% above |
| 50 week MA | $262.3 | 20% above |
| 100 week MA | $208.7 | 51% above |
| 200 week MA | $176.3 | 79% above |
MSGK is in an uptrend: it's above all five of its weekly moving averages, and 79% above its 200-week average.
MSGK Yearly ROI
| Year | Start price | End price | ROI |
|---|---|---|---|
| 2020 | $110.7 | $133.5 | +21% |
| 2021 | $133.5 | $131.1 | -1.8% |
| 2022 | $131.1 | $136.7 | +4.3% |
| 2023 | $136.7 | $136.9 | +0.2% |
| 2024 | $136.9 | $166.5 | +22% |
| 2025 | $166.5 | $195.9 | +18% |
| 2026 YTD | $195.9 | $314.9 | +61% |
MSGK has finished higher in five of the last six years. It's up 61% so far in 2026.