MSGS (Madison Square Garden Sports) Gross Profit: $250 Mil (TTM As of Mar. 2026)

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MSGS Madison Square Garden Sports Corp MSGS
52 GF Score
Price $391.56
GF Value $224.35
Valuation Significantly Overvalued
! 6 Warning Signs
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What is Madison Square Garden Sports Gross Profit?

Madison Square Garden Sports MSGS +0.05% 52 Gross Profit is $250 Mil as of Mar. 2026. GuruFocus rates MSGS with a GF Score™ of 52/100 and a GF Value™ of $224.35 (Significantly Overvalued). The stock has 6 warning signs investors should review.

Madison Square Garden Sports's gross profit for the three months ended in Mar. 2026 was $78 Mil. Madison Square Garden Sports's gross profit for the trailing twelve months (TTM) ended in Mar. 2026 was $250 Mil.

Gross Margin % is calculated as gross profit divided by its revenue. Madison Square Garden Sports's gross profit for the three months ended in Mar. 2026 was $78 Mil. Madison Square Garden Sports's Revenue for the three months ended in Mar. 2026 was $432 Mil. Therefore, Madison Square Garden Sports's Gross Margin % for the quarter that ended in Mar. 2026 was 17.98%.

Madison Square Garden Sports had a gross margin of 17.98% for the quarter that ended in Mar. 2026 => No sustainable competitive advantage

During the past 13 years, the highest Gross Margin % of Madison Square Garden Sports was 41.18%. The lowest was 23.17%. And the median was 38.61%.

Warning Sign:

Madison Square Garden Sports Corp gross margin has been in long-term decline. The average rate of decline per year is -3.7%.


Madison Square Garden Sports  (NYSE:MSGS) Gross Profit Explanation

Warren Buffett believes that firms with excellent long term economics tend to have consistently higher margins.

Durable competitive advantage creates a high Gross Margin % because of the freedom to price in excess of cost. Companies can be categorized by their Gross Margin %

1. Greater than 40% = Durable competitive advantage
2. Less than 40% = Competition eroding margins
3. Less than 20% = no sustainable competitive advantage
Consistency of Gross Margin is key

Madison Square Garden Sports had a gross margin of 17.98% for the quarter that ended in Mar. 2026 => No sustainable competitive advantage


Madison Square Garden Sports Gross Profit Related Terms


Madison Square Garden Sports Gross Profit Historical Data

* Premium members only.

The historical data trend for Madison Square Garden Sports's Gross Profit can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Madison Square Garden Sports Gross Profit Chart

Madison Square Garden Sports Annual Data
Trend Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23 Jun24 Jun25
Gross Profit
Get a 7-Day Free Trial Premium Member Only Premium Member Only 133.83 320.79 338.64 410.64 284.10

Madison Square Garden Sports Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Gross Profit Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 107.86 49.14 31.18 92.04 77.70

MSGS vs PSKY, SIRI, LLYVA: Gross Profit Comparison

For the Entertainment subindustry, Madison Square Garden Sports's Gross Profit, along with its competitors' market caps and Gross Profit data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Madison Square Garden Sports Gross Profit vs Media - Diversified Industry

For the Media - Diversified industry and Communication Services sector, Madison Square Garden Sports's Gross Profit distribution charts can be found below:

* The bar in red indicates where Madison Square Garden Sports's Gross Profit falls into.


MSGS
52GF Score
Madison Square Garden Sports Corp MSGS
Gross Profit is just one metric. See GF Score™, valuation, warning signs, and more.
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Madison Square Garden Sports Gross Profit Calculation

Gross Profit is the different between the sale prices and the cost of buying or producing the goods.

Madison Square Garden Sports's Gross Profit for the fiscal year that ended in Jun. 2025 is calculated as

Gross Profit (A: Jun. 2025 )=Revenue - Cost of Goods Sold
=1039.22 - 755.118
=284

Madison Square Garden Sports's Gross Profit for the quarter that ended in Mar. 2026 is calculated as

Gross Profit (Q: Mar. 2026 )=Revenue - Cost of Goods Sold
=432.199 - 354.503
=78

Gross Profit for the trailing twelve months (TTM) ended in Mar. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was $250 Mil.

Gross Profit is the numerator in the calculation of Gross Margin.

Madison Square Garden Sports's Gross Margin % for the quarter that ended in Mar. 2026 is calculated as

Gross Margin % (Q: Mar. 2026 )=Gross Profit (Q: Mar. 2026 ) / Revenue (Q: Mar. 2026 )
=(Revenue - Cost of Goods Sold) / Revenue
=78 / 432.199
=17.98 %

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

A positive Gross Profit is only the first step for a company to make a net profit. The gross profit needs to be big enough to also cover related labor, equipment, rental, marketing/advertising, research and development and a lot of other costs in selling the products.

Frequently Asked Questions Learn more about Gross Profit →
What does a Gross Profit of $250 Mil mean?
Madison Square Garden Sports (MSGS) has a Gross Profit of $250 Mil as of Mar. 2026. Gross Profit equals net sales less total cost of goods sold. View historical data on Madison Square Garden Sports and its competitors.
Is Madison Square Garden Sports' Gross Profit too high?
Madison Square Garden Sports' current Gross Profit is $250 Mil. Overall, Madison Square Garden Sports has a GF Score™ of 52/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Madison Square Garden Sports' Gross Profit compare to PSKY and SIRI?
Madison Square Garden Sports' Gross Profit of $250 Mil can be compared against companies in the Media - Diversified industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Gross Profit for a Media - Diversified company?
A good Gross Profit depends on the Media - Diversified industry context. However, Gross Profit should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Gross Profit mean?
A high Gross Profit can signal that a stock is expensive relative to its fundamentals. Gross Profit equals net sales less total cost of goods sold. View historical data on Madison Square Garden Sports and its competitors. Madison Square Garden Sports's current Gross Profit is $250 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Madison Square Garden Sports stock overvalued right now?
Based on GuruFocus' analysis, Madison Square Garden Sports (MSGS) is currently considered Significantly Overvalued. The stock's GF Value™ is $224.35, compared to a current price of $391.56 — trading 74.5% above its estimated fair value. The current Gross Profit is $250 Mil. Madison Square Garden Sports' overall GF Score™ is 52/100 with 6 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Gross Profit calculated?
Gross Profit is calculated from a company's financial statements. For Madison Square Garden Sports (MSGS), the current Gross Profit is $250 Mil as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Madison Square Garden Sports (MSGS) Overvalued in 2026?

Based on GuruFocus' analysis, Madison Square Garden Sports stock appears to be overvalued. The current stock price of $391.56 is trading 74.5% above its estimated GF Value™ of $224.35. GuruFocus considers Madison Square Garden Sports to be Significantly Overvalued.

Key valuation signals for MSGS:

  • Gross Profit: $250 Mil
  • GF Value™: $224.35 vs. price of $391.56 (74.5% above fair value)
  • GF Score™: 52/100 with 6 warning signs

No single metric tells the full story. See the MSGS stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Madison Square Garden Sports Business Description

Other Exchanges MS8:Germany
Address Two Penn Plaza, New York, NY, USA, 10121
Madison Square Garden Sports Corp owns and operates a portfolio of assets featuring some of the recognized sports teams, including the Knicks of the NBA and the Rangers of the NHL. It generates revenue from several sources: ticket sales and a portion of suite rental fees at The Garden and others. It has one operating and reportable segment and one reporting unit for goodwill impairment testing purposes.
52GF Score

Get the complete analysis for MSGS

Gross Profit is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

$391.56
Price
$224.35
GF Value