Company Analysis

Madison Square Garden Sports Corp. (MSGS)

NYSE: MSGS · Services-Miscellaneous Amusement & Recreation · New York, NY · filing with the SEC since 2015
Grade5.4
◀ Past 5.3● Present 5.4▶ Future 5.5

The grade of Madison Square Garden Sports Corp.

Nine metrics read from its own filings, by tense
Headline grade
5.4/10
◀ Past5.330% of the headline
● Present5.440% of the headline
▶ Future5.530% of the headline

All three tenses have at least two readings, so the archetype blend applies as printed.

All nine metrics read as filed from the record.

◀ Past

What did they actually do?

5.3/1030% of the headline grade · 3 of 3 filed

Surviving crises

as filed
6.1/10

Has it survived what it has been through?

1 warning event since 2017; the latest 2020-11-24.

weight 33% of this tense · 61st percentile among 22 sector filers · read for itself

From the record

Madison Square Garden Sports Corp.'s filings since 2017 show 1 warning event: an auditor change (8-K item 4.01, the latest 2020-11-24) (its current reports).

A production reading, recomputed from the filings on every data build, read from EDGAR Nov 13, 2026.

Track record

as filed
5.0/10

What has it actually done, year after year?

+6.2% a year over 9 filed years; profitable in 6 of 9.

weight 45% of this tense · 50th percentile among 20 sector filers · read for its customers

From the record

Madison Square Garden Sports Corp.'s 9 filed years say what it did: revenue went from $712 million in fiscal 2018 to $1.2 billion in fiscal 2026, up 6.2% a year; it rose in 6 of 8 years; the deepest fall was 43% from fiscal 2019 to fiscal 2021; net income was positive in 6 of 9 of those years (its annual reports).

What it rests on

  • revenue growth over the filed span6.2%bottom 43% of its family
  • the share of years revenue rosetop 42% of its family
  • the share of filed years with a profittop 32% of its family
  • the deepest fall from a revenue peak43.0%bottom 33% of its family

A production reading, recomputed from the filings on every data build, read from EDGAR Nov 13, 2026.

Shareholder treatment

as filed
4.6/10

How has it treated the people who own it?

Share count grew 0.1% a year. 1% of cash flow returned. Insiders: 4 sales, 0 purchases.

weight 22% of this tense · 46th percentile among 14 sector filers · read for its shareholders

From the record

Over the 3 fiscal years to 2026-06-30, Madison Square Garden Sports Corp.'s diluted share count grew about 0.1% a year, and dividends and buybacks returned about 1% of its operating cash flow over 3 years (its filed statements). Its officers and directors filed 4 sales and 0 purchases of their own stock on the open market in the year to 2026-10-28 (their Form 4 filings).

What it rests on

  • the share count over the yearstop 31% of its family
  • cash returned against operating cash flowbottom 22% of its family

A production reading, recomputed from the filings on every data build, read from EDGAR Nov 13, 2026.

● Present

What are they doing right now?

5.4/1040% of the headline grade · 3 of 3 filed

Financial health

as filed
3.8/10

Is it financially healthy right now?

Leverage 117%: owes 117¢ per asset dollar.

weight 33% of this tense · 38th percentile among 19 sector filers · read for itself

From the record

Return on equity: in the fiscal year ended 2026-06-30, Madison Square Garden Sports Corp.'s shareholders' equity was below zero, so the profit on it is not read. Leverage: it owed about 117 cents per dollar of assets, and net share issuance: its share count grew 0.7% over the year (the filed statements).

What it rests on

  • what it owes per dollar of assetsbottom 7% of its family
  • the share count against the year beforetop 31% of its family

A production reading, recomputed from the filings on every data build, read from EDGAR Nov 13, 2026.

Industry position

as filed
5.4/10

How strong is its position in its industry?

top 46% of 20 in its family; net margin 0.7%.

weight 45% of this tense · 54th percentile among 20 sector filers · read for its customers

From the record

Madison Square Garden Sports Corp.'s standing among 20 graded names in its industry family: revenue of $1.2 billion in fiscal 2026 ranks in the top 38% by size; a net margin of 0.7% ranks in the bottom 48%; revenue growth of 9.1% a year over the last 3 filed years ranks in the top 47% (its annual reports).

What it rests on

  • revenue against the family$1.15Btop 38% of its family
  • net margin0.7%bottom 48% of its family
  • three-year revenue growth9.1%top 47% of its family

A production reading, recomputed from the filings on every data build, read from EDGAR Nov 13, 2026.

Leadership

as filed
7.8/10

What are the people in charge doing?

top 22% of 9 in its family for leadership; chief executive since 2024.

weight 22% of this tense · 78th percentile among 9 sector filers · read for its shareholders

From the record

Madison Square Garden Sports Corp.'s leadership, from its insiders' filings and its current reports: the chief executive on the record is Dolan, James Lawrence (Executive Chairman / CEO, as filed), filing under that title since 2024-08-28, 2.2 years (top 28% of its family); the 24 officers and directors filing in the last fifteen months have been on the record a median of 7.4 years (top 6%); 12 officer or director changes were reported on Form 8-K since 2023-11-13, against the 24 people in charge now (top 32%; fewer changes for each person reads higher) (the Form 4 record, its Form 8-K reports). Years count from a person's first filing in the SEC's data sets, which begin in 2006, so each is a floor.

What it rests on

  • officer and director changes on Form 8-K, against the people in charge12 in three years among 24 peopletop 32% of its family
  • the median years the people in charge have filed7.4 yearstop 6% of its family
  • the chief executive's years on the record2.2 yearstop 28% of its family

A production reading, recomputed from the filings on every data build, read from EDGAR Nov 13, 2026.

▶ Future

What are they set up to do next?

5.5/1030% of the headline grade · 3 of 3 filed

Room to expand

as filed
4.0/10

How much room does it have to grow?

bottom 40% of 20 in its family for room to expand.

weight 22% of this tense · 40th percentile among 20 sector filers · read for itself

From the record

Madison Square Garden Sports Corp.'s room to grow, from the newest filed statements (fiscal 2026): cash of $165 million against debt of $242 million leaves -5% of its assets as net cash, bottom 45% of its family; cash from operations less capital spending is 5.3% of revenue (bottom 34%) (its annual report).

What it rests on

  • cash less debt against assets-5.0%bottom 45% of its family
  • cash from operations less capital spending against revenue5.3%bottom 34% of its family

A production reading, recomputed from the filings on every data build, read from EDGAR Nov 13, 2026.

Growth drivers

as filed
6.6/10

What could actually drive growth from here?

top 34% of 20 in its family for growth drivers.

weight 45% of this tense · 66th percentile among 20 sector filers · read for its customers

From the record

Madison Square Garden Sports Corp.'s growth drivers, from the filed years to fiscal 2026: revenue grew 9.1% a year over the last three filed years against 6.2% over all 9, speeding up (top 17% of its family); the newest year grew 11% (top 47%); capital spending grew 6% a year (top 36%) (its annual reports). Madison Square Garden Sports Corp. reported 4 product lines in fiscal 2026: Event Related at $537 million (47%), Media Rights at $296 million (26%), Sponsorship Signage and Suite Licenses at $255 million (22%), and 1 more; 4 of 4 grew against the year before (its annual report).

What it rests on

  • three-year growth against the whole span+2.9 points a yeartop 17% of its family
  • the newest year's revenue growth11.0%top 47% of its family
  • three-year growth of capital spending6.0%top 36% of its family

A production reading, recomputed from the filings on every data build, read from EDGAR Nov 13, 2026.

Expectations vs reality

as filed
5.1/10

Did its newest year beat what its own record pointed to?

top 49% of 18 in its family for expectations against reality.

weight 33% of this tense · 51st percentile among 18 sector filers · read for its shareholders

From the record

Madison Square Garden Sports Corp.'s newest year against its own record: revenue of $1.2 billion in fiscal 2026 came in 2.6% above the $1.1 billion its prior three years' pace pointed to (top 31% of its family); net income of $8 million against a prior three-year average of $28 million (bottom 25%); a net margin of 0.7% against 3% before (top 42%) (its annual reports).

What it rests on

  • revenue against the prior three years' pace2.6%top 31% of its family
  • net income against the prior three years' average-72%bottom 25% of its family
  • net margin against its prior average-2.3 pointstop 42% of its family

A production reading, recomputed from the filings on every data build, read from EDGAR Nov 13, 2026.

The grade is the company against its own industry, from its filings. It is not a view on the share price. How the grade is made

SI Assistanton MSGS · research, not advice