MSGS: Madison Square Garden Sports Corp Financial Statements

Balance sheet, income statement, and cash flow statements for Madison Square Garden Sports Corp (MSGS).

OverviewDividends

$4.50B Market Cap.

As of 05/02/2025 5:00 PM ET (MRY) • Disclaimer

MSGS Market Cap. (MRY)


MSGS Shares Outstanding (MRY)


MSGS Assets (MRY)


Total Assets

$1.35B

Total Liabilities

$1.61B

Total Investments

$62.54M

MSGS Income (MRY)


Revenue

$1.03B

Net Income

$58.77M

Operating Expense

$264.60M

MSGS Cash Flow (MRY)


CF Operations

$92.13M

CF Investing

-$8.90M

CF Financing

-$28.79M

MSGS Balance Sheet (MRY)


Metric

2024

2023

2022

2021

Total Assets

$1,346,292,000 (2.38%)

$1,315,017,000 (1.00%)

$1,301,966,000 (-0.61%)

$1,309,939,000 (6.17%)

Assets Current

$216,942,000 (45.37%)

$149,233,000 (-27.30%)

$205,269,000 (10.81%)

$185,246,000 (44.41%)

Assets Non-Current

$1,129,350,000 (-3.13%)

$1,165,784,000 (6.30%)

$1,096,697,000 (-2.49%)

$1,124,693,000 (1.73%)

Goodwill & Intangible Assets

$330,167,000 (0.00%)

$330,167,000 (-2.82%)

$339,735,000 (-0.31%)

$340,794,000 (-0.31%)

Shareholders Equity

-$266,310,000 (21.03%)

-$337,234,000 (-129.27%)

-$147,089,000 (28.01%)

-$204,308,000 (1.29%)

Property Plant & Equipment Net

$723,107,000 (-3.04%)

$745,784,000 (3.63%)

$719,674,000 (-2.65%)

$739,237,000 (-2.43%)

Cash & Equivalents

$94,907,000 (134.58%)

$40,459,000 (-55.55%)

$91,018,000 (26.35%)

$72,036,000 (-20.55%)

Accumulated Other Comprehensive Income

-$952,000 (5.65%)

-$1,009,000 (14.92%)

-$1,186,000 (41.49%)

-$2,027,000 (5.24%)

Deferred Revenue

$149,825,000 (-11.72%)

$169,717,000 (3.81%)

$163,491,000 (0.53%)

$162,628,000 (26.69%)

Total Investments

$62,543,000 (-7.17%)

$67,374,000 (1322.59%)

$4,736,000 (0%)

$0 (0%)

Investments Current

$0 (0%)

$0 (0%)

$0 (0%)

$0 (0%)

Investments Non-Current

$62,543,000 (-7.17%)

$67,374,000 (1322.59%)

$4,736,000 (0%)

$0 (0%)

Inventory

$0 (0%)

$0 (0%)

$0 (0%)

$0 (0%)

Trade & Non-Trade Receivables

$66,036,000 (17.69%)

$56,108,000 (-25.76%)

$75,573,000 (-6.26%)

$80,617,000 (969.47%)

Trade & Non-Trade Payables

$16,618,000 (11.27%)

$14,935,000 (-51.65%)

$30,887,000 (59.91%)

$19,315,000 (-4.63%)

Accumulated Retained Earnings (Deficit)

-$115,139,000 (33.79%)

-$173,910,000 (-387.16%)

-$35,699,000 (54.75%)

-$78,898,000 (-80.94%)

Tax Assets

$0 (0%)

$0 (0%)

$0 (0%)

$15,943,000 (0%)

Tax Liabilities

$16,925,000 (-29.55%)

$24,024,000 (169.42%)

$8,917,000 (0%)

$0 (0%)

Total Debt

$1,105,219,000 (-1.42%)

$1,121,182,000 (12.88%)

$993,286,000 (-11.16%)

$1,118,103,000 (4.67%)

Debt Current

$80,267,000 (0.65%)

$79,745,000 (8.20%)

$73,699,000 (2.43%)

$71,951,000 (83.87%)

Debt Non-Current

$1,024,952,000 (-1.58%)

$1,041,437,000 (13.25%)

$919,587,000 (-12.10%)

$1,046,152,000 (1.66%)

Total Liabilities

$1,612,602,000 (-2.40%)

$1,652,251,000 (14.16%)

$1,447,343,000 (-4.26%)

$1,511,805,000 (5.19%)

Liabilities Current

$521,982,000 (0.28%)

$520,528,000 (18.76%)

$438,299,000 (19.01%)

$368,278,000 (26.88%)

Liabilities Non-Current

$1,090,620,000 (-3.63%)

$1,131,723,000 (12.16%)

$1,009,044,000 (-11.76%)

$1,143,527,000 (-0.30%)

MSGS Income Statement (MRY)


Metric

2024

2023

2022

2021

Revenues

$1,027,149,000 (15.74%)

$887,447,000 (8.05%)

$821,354,000 (97.57%)

$415,721,000 (-31.09%)

Cost of Revenue

$616,514,000 (12.34%)

$548,811,000 (9.64%)

$500,564,000 (77.57%)

$281,890,000 (-21.69%)

Selling General & Administrative Expense

$261,433,000 (4.62%)

$249,885,000 (8.80%)

$229,668,000 (11.11%)

$206,700,000 (-35.34%)

Research & Development Expense

$0 (0%)

$0 (0%)

$0 (0%)

$0 (0%)

Operating Expenses

$264,597,000 (4.39%)

$253,462,000 (7.99%)

$234,710,000 (10.57%)

$212,274,000 (-37.05%)

Interest Expense

$27,589,000 (20.56%)

$22,884,000 (95.01%)

$11,735,000 (11.12%)

$10,561,000 (136.74%)

Income Tax Expense

$46,897,000 (5.88%)

$44,293,000 (76.80%)

$25,052,000 (134.12%)

-$73,421,000 (-456.53%)

Net Loss Income from Discontinued Operations

$0 (0%)

$0 (0%)

$0 (0%)

$0 (0%)

Consolidated Income

$58,771,000 (28.80%)

$45,628,000 (-6.65%)

$48,880,000 (407.48%)

-$15,897,000 (92.39%)

Net Income to Non-Controlling Interests

$0 (0%)

-$2,165,000 (3.82%)

-$2,251,000 (-15.85%)

-$1,943,000 (92.66%)

Net Income

$58,771,000 (22.97%)

$47,793,000 (-6.53%)

$51,131,000 (466.43%)

-$13,954,000 (92.35%)

Preferred Dividends Income Statement Impact

$0 (0%)

$0 (0%)

$0 (0%)

$0 (0%)

Net Income Common Stock

$58,771,000 (22.97%)

$47,793,000 (-6.53%)

$51,131,000 (466.43%)

-$13,954,000 (92.35%)

Weighted Average Shares

$24,011,000 (-0.33%)

$24,090,000 (-0.64%)

$24,246,000 (0.48%)

$24,129,000 (0.78%)

Weighted Average Shares Diluted

$24,096,000 (-0.41%)

$24,194,000 (-0.86%)

$24,405,000 (1.14%)

$24,129,000 (0.78%)

Earning Before Interest & Taxes (EBIT)

$133,257,000 (15.91%)

$114,970,000 (30.77%)

$87,918,000 (214.46%)

-$76,814,000 (51.18%)

Gross Profit

$410,635,000 (21.26%)

$338,636,000 (5.56%)

$320,790,000 (139.70%)

$133,831,000 (-45.00%)

Operating Income

$146,038,000 (71.46%)

$85,174,000 (-1.05%)

$86,080,000 (209.74%)

-$78,443,000 (16.43%)

MSGS Cash Flow Statement (MRY)


Metric

2024

2023

2022

2021

Net Cash Flow from Investing

-$8,898,000 (49.90%)

-$17,759,000 (-505.70%)

-$2,932,000 (-529.18%)

-$466,000 (99.91%)

Net Cash Flow from Financing

-$28,785,000 (84.46%)

-$185,273,000 (-18.66%)

-$156,142,000 (-1010.18%)

$17,155,000 (103.30%)

Net Cash Flow from Operations

$92,131,000 (-39.58%)

$152,473,000 (-14.37%)

$178,056,000 (604.04%)

-$35,326,000 (-1090.08%)

Net Cash Flow / Change in Cash & Cash Equivalents

$54,448,000 (207.69%)

-$50,559,000 (-366.35%)

$18,982,000 (201.85%)

-$18,637,000 (98.19%)

Net Cash Flow - Business Acquisitions and Disposals

$0 (0%)

-$3,024,000 (0%)

$0 (0%)

$0 (0%)

Net Cash Flow - Investment Acquisitions and Disposals

-$7,447,000 (45.06%)

-$13,554,000 (-577.70%)

-$2,000,000 (0%)

$0 (0%)

Capital Expenditure

-$1,451,000 (-22.86%)

-$1,181,000 (-26.72%)

-$932,000 (-100.00%)

-$466,000 (99.87%)

Issuance (Repayment) of Debt Securities

-$20,000,000 (-126.67%)

$75,000,000 (154.41%)

-$137,836,000 (-552.84%)

$30,438,000 (-90.78%)

Issuance (Purchase) of Equity Shares

$0 (0%)

-$75,060,000 (0%)

$0 (0%)

$0 (0%)

Payment of Dividends & Other Cash Distributions

-$701,000 (99.59%)

-$170,923,000 (0%)

$0 (0%)

$0 (0%)

Effect of Exchange Rate Changes on Cash

$0 (0%)

$0 (0%)

$0 (0%)

$0 (0%)

Share Based Compensation

$21,291,000 (-15.52%)

$25,203,000 (3.95%)

$24,245,000 (-20.34%)

$30,437,000 (-46.60%)

Depreciation Amortization & Accretion

$3,164,000 (-11.55%)

$3,577,000 (-29.06%)

$5,042,000 (-9.54%)

$5,574,000 (-94.03%)

MSGS Financial Metrics (MRY)


Metric

2024

2023

2022

2021

Gross Margin

40.00% (4.71%)

38.20% (-2.30%)

39.10% (21.43%)

32.20% (-20.10%)

Profit Margin

5.70% (5.56%)

5.40% (-12.90%)

6.20% (282.35%)

-3.40% (88.74%)

EBITDA Margin

13.30% (-0.75%)

13.40% (18.58%)

11.30% (166.08%)

-17.10% (-61.32%)

Return on Average Equity (ROAE)

-18.70% (-20.65%)

-15.50% (41.29%)

-26.40% (-563.16%)

5.70% (158.76%)

Return on Average Assets (ROAA)

4.30% (19.44%)

3.60% (-5.26%)

3.80% (445.45%)

-1.10% (79.63%)

Return on Sales (ROS)

13.00% (0.00%)

13.00% (21.50%)

10.70% (157.84%)

-18.50% (29.12%)

Return on Invested Capital (ROIC)

8.40% (12.00%)

7.50% (33.93%)

5.60% (219.15%)

-4.70% (45.35%)

Dividend Yield

0% (0%)

3.70% (0%)

0% (0%)

0% (0%)

Price to Earnings Ratio (P/E)

76.79 (-22.42%)

98.97 (38.30%)

71.56 (124.05%)

-297.53 (-1443.47%)

Price to Sales Ratio (P/S)

4.4 (-13.85%)

5.11 (14.54%)

4.46 (-55.50%)

10.02 (71.83%)

Price to Book Ratio (P/B)

-16.92 (-26.96%)

-13.32 (46.43%)

-24.87 (-22.10%)

-20.37 (-19.64%)

Debt to Equity Ratio (D/E)

-6.05 (-23.60%)

-4.9 (50.21%)

-9.84 (-32.97%)

-7.4 (-6.57%)

Earnings Per Share (EPS)

2.45 (28.95%)

1.9 (-9.95%)

2.11 (463.79%)

-0.58 (92.39%)

Sales Per Share (SPS)

42.78 (16.12%)

36.84 (8.75%)

33.88 (96.62%)

17.23 (-31.63%)

Free Cash Flow Per Share (FCFPS)

3.78 (-39.86%)

6.28 (-14.03%)

7.3 (592.58%)

-1.48 (90.11%)

Book Value Per Share (BVPS)

-11.09 (20.77%)

-14 (-130.74%)

-6.07 (28.35%)

-8.47 (2.06%)

Tangible Assets Book Value Per Share (TABVPS)

42.32 (3.51%)

40.88 (3.01%)

39.69 (-1.19%)

40.16 (7.81%)

Enterprise Value Over EBIT (EV/EBIT)

42 (-12.50%)

48 (-9.43%)

53 (177.94%)

-68 (-240.00%)

Enterprise Value Over EBITDA (EV/EBITDA)

41.25 (-12.15%)

46.95 (-6.53%)

50.24 (168.56%)

-73.28 (-50.68%)

Asset Turnover

0.75 (12.59%)

0.67 (8.46%)

0.61 (89.81%)

0.32 (82.02%)

Current Ratio

0.42 (44.95%)

0.29 (-38.68%)

0.47 (-6.96%)

0.5 (13.80%)

Dividends

$0 (0%)

$7 (0%)

$0 (0%)

$0 (0%)

Free Cash Flow (FCF)

$90,680,000 (-40.06%)

$151,292,000 (-14.58%)

$177,124,000 (594.87%)

-$35,792,000 (90.03%)

Enterprise Value (EV)

$5,627,409,306 (1.10%)

$5,566,429,348 (19.19%)

$4,670,154,605 (-10.54%)

$5,220,354,839 (67.80%)

Earnings Before Tax (EBT)

$105,668,000 (14.75%)

$92,086,000 (20.87%)

$76,183,000 (187.19%)

-$87,375,000 (46.00%)

Earnings Before Interest Taxes & Depreciation Amortization (EBITDA)

$136,421,000 (15.08%)

$118,547,000 (27.52%)

$92,960,000 (230.49%)

-$71,240,000 (-11.36%)

Invested Capital

$1,504,455,000 (-2.63%)

$1,545,045,000 (8.33%)

$1,426,200,000 (-13.40%)

$1,646,934,000 (4.29%)

Working Capital

-$305,040,000 (17.84%)

-$371,295,000 (-59.33%)

-$233,030,000 (-27.32%)

-$183,032,000 (-13.00%)

Tangible Asset Value

$1,016,125,000 (3.18%)

$984,850,000 (2.35%)

$962,231,000 (-0.71%)

$969,145,000 (8.66%)

Market Capitalization

$4,504,946,306 (0.26%)

$4,493,146,348 (22.82%)

$3,658,179,605 (-12.10%)

$4,161,806,839 (18.10%)

Average Equity

-$314,499,250 (-2.10%)

-$308,031,500 (-59.32%)

-$193,339,500 (20.51%)

-$243,225,250 (-112.92%)

Average Assets

$1,367,324,250 (2.71%)

$1,331,257,500 (-0.34%)

$1,335,774,000 (4.24%)

$1,281,465,500 (-62.27%)

Invested Capital Average

$1,590,386,250 (3.74%)

$1,533,049,750 (-1.58%)

$1,557,665,500 (-4.83%)

$1,636,758,250 (-10.72%)

Shares

23,945,922 (0.22%)

23,893,360 (-1.37%)

24,226,355 (0.45%)

24,116,630 (0.52%)