XNYS
MSGE
Market cap1.42bUSD
Apr 04, Last price
29.69USD
1D
-5.30%
1Q
-17.28%
IPO
-5.84%
Name
Madison Square Garden Entertainment Corp
Chart & Performance
P/E
—
P/S
1.38
EPS
—
Div Yield, %
—
Shrs. gr., 5y
8.03%
Rev. gr., 5y
-0.42%
Revenues
1.03b
+20.60%
Net income
-201m
L
CFO
-20m
L
Earnings
May 08, 2025
Profile
Madison Square Garden Entertainment Corp. engages in the entertainment business. It produces, presents, or hosts various live entertainment events, including concerts, family shows, and special events, as well as sporting events, such as professional boxing, college basketball and hockey, professional bull riding, mixed martial arts, and esports and wrestling in its venues, including The Garden, Hulu Theater, Radio City Music Hall, and the Beacon Theatre in New York City; and The Chicago Theatre. The company also operates 70 entertainment dining and nightlife venues spanning 20 markets across five continents under the Tao, Marquee, Lavo, Beauty & Essex, Cathédrale, Hakkasan, and Omnia brand names; and creates and operates New England's premier music festival. In addition, it features the Radio City Rockettes, which serves as the star for its Christmas Spectacular at Radio City Music Hall. The company was founded in 2006 and is based in New York, New York.
Valuation
Title USD in thousands, except ratios and share amounts | FY | FY | FY | FY | FY | FY | FY | FY |
|---|---|---|---|---|---|---|---|---|
| 2024‑06 | 2023‑06 | 2022‑06 | 2021‑06 | 2020‑06 | 2019‑06 | 2018‑06 | 2017‑06 | |
| Income | ||||||||
Revenues | 1,026,889 20.60% | 851,496 -50.63% | 1,724,618 855.99% | |||||
Cost of revenue | 928,606 | 680,145 | 1,009,245 | |||||
Unusual Expense (Income) | ||||||||
NOPBT | 98,283 | 171,351 | 715,373 | |||||
NOPBT Margin | 9.57% | 20.12% | 41.48% | |||||
Operating Taxes | (135,592) | 1,728 | (25,785) | |||||
Tax Rate | 1.01% | |||||||
NOPAT | 233,875 | 169,623 | 741,158 | |||||
Net income | (200,649) -361.95% | 76,597 -139.40% | (194,395) -52.83% | |||||
Dividends | (2,256) | |||||||
Dividend yield | 0.13% | |||||||
Proceeds from repurchase of equity | (7,716) | (25,000) | ||||||
BB yield | 0.64% | 1.46% | ||||||
| Debt | ||||||||
Debt current | 886,533 | 52,779 | 139,153 | |||||
Long-term debt | 797,327 | 1,106,623 | 2,590,497 | |||||
Deferred revenue | ||||||||
Other long-term liabilities | 122,738 | 56,332 | 145,496 | |||||
Net debt | 1,079,899 | 1,043,406 | 1,857,306 | |||||
| Cash flow | ||||||||
Cash from operating activities | (19,658) | 135,694 | 141,340 | |||||
CAPEX | (264,700) | (15,188) | (805,224) | |||||
Cash from investing activities | (45,183) | 30,305 | (804,164) | |||||
Cash from financing activities | 209,731 | (144,217) | (30,392) | |||||
FCF | (2,350,649) | 2,577,999 | 20,333 | |||||
| Balance | ||||||||
Cash | 573,233 | 84,355 | 828,540 | |||||
Long term investments | 30,728 | 31,641 | 43,804 | |||||
Excess cash | 552,617 | 73,421 | 786,113 | |||||
Stockholders' equity | 5,174 | 4,910,816 | (142,394) | |||||
Invested Capital | 4,070,406 | 816,357 | 4,126,569 | |||||
ROIC | 9.57% | 6.86% | 19.49% | |||||
ROCE | 2.29% | 18.76% | 17.25% | |||||
| EV | ||||||||
Common stock shares outstanding | 35,301 | 51,051 | 34,255 | |||||
Price | 34.23 1.81% | 33.62 -36.11% | 52.62 -37.33% | |||||
Market cap | 1,208,353 -29.60% | 1,716,333 -4.78% | 1,802,498 -37.01% | |||||
EV | 2,288,252 | 7,732,754 | 3,856,159 | |||||
EBITDA | 354,777 | 231,814 | 840,002 | |||||
EV/EBITDA | 6.45 | 33.36 | 4.59 | |||||
Interest | 79,868 | 51,869 | 27,155 | |||||
Interest/NOPBT | 81.26% | 30.27% | 3.80% | |||||