MSGE (Madison Square Garden Entertainment) Operating Margin %: 10.04% (As of Mar. 2026) — 49% Above Median


MSGE Madison Square Garden Entertainment Corp MSGE
74 GF Score
Price $76.51
GF Value $43.10
Valuation Significantly Overvalued
! 7 Warning Signs
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What is Madison Square Garden Entertainment Operating Margin %?

Madison Square Garden Entertainment MSGE +0.09% 74 Operating Margin % is 10.04% as of Mar. 2026, which is 49% above its 10-year median of 6.72. GuruFocus rates MSGE with a GF Score™ of 74/100 and a GF Value™ of $43.10 (Significantly Overvalued). The stock has 7 warning signs investors should review. Among 1,023 Media - Diversified companies, Madison Square Garden Entertainment ranks better than 83.28% on this metric.

Operating Margin % is calculated as Operating Income divided by its Revenue. Madison Square Garden Entertainment's Operating Income for the three months ended in Mar. 2026 was $25 Mil. Madison Square Garden Entertainment's Revenue for the three months ended in Mar. 2026 was $246 Mil. Therefore, Madison Square Garden Entertainment's Operating Margin % for the quarter that ended in Mar. 2026 was 10.04%.

The historical rank and industry rank for Madison Square Garden Entertainment's Operating Margin % or its related term are showing as below:

MSGE' s Operating Margin % Range Over the Past 10 Years
Min: -272.08   Med: 6.72   Max: 14.89
Current: 14.89


MSGE's Operating Margin % is ranked better than
83.28% of 1023 companies
in the Media - Diversified industry
Industry Median: 2.51 vs MSGE: 14.89

Madison Square Garden Entertainment's 5-Year Average Operating Margin % Growth Rate was 0.00% per year.

Madison Square Garden Entertainment's Operating Income for the three months ended in Mar. 2026 was $25 Mil. Its Operating Income for the trailing twelve months (TTM) ended in Mar. 2026 was $152 Mil.


Madison Square Garden Entertainment  (NYSE:MSGE) Operating Margin % Explanation

Just like Gross Margin %, it is important to see a company maintains its operating margin over time. Among the same industry, a company with higher operating margin is more efficient in its operation. It is also more stable during industry slowdown or recessions. Peter Lynch prefers those with higher margins than those with lower margins.


Be Aware

Operating Margin % can be manipulated by adjusting the rate of depreciation, depletion and amortization (DDA).

If a company is facing competition, its Operating Margin % may decline. Often the Operating Margin % declines well before the company's Revenue or even profit decline. Therefore, Operating Margin % is a very important indicator of whether the company is facing problems.

For instance, by 2012, Nokia (NOK)'s problems were well known and its stock had lost more than 90% of its market value since 2007. But Nokia’s Operating Margin % had already been in decline since 2002, although its Earnings per Share (Diluted) were still rising. Investors who paid attention to Operating Margin % would have avoided this huge loss. The same can be said for Research-in-Motion (RIMM).

Therefore, Operating Margin % is a very important screening filter for GuruFocus. GuruFocus's Buffett-Munger screener requires that the profit margin is either consistent or expanding. The Model Portfolio of the Buffett-Munger screener has outperformed the market every year since inception in 2009.


Madison Square Garden Entertainment Operating Margin % Related Terms


Madison Square Garden Entertainment Operating Margin % Historical Data

* Premium members only.

The historical data trend for Madison Square Garden Entertainment's Operating Margin % 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 Entertainment Operating Margin % Chart

Madison Square Garden Entertainment Annual Data
Trend Jun20 Jun21 Jun22 Jun23 Jun24 Jun25
Operating Margin %
Get a 7-Day Free Trial -272.08 -0.07 13.53 13.51 14.25

Madison Square Garden Entertainment Quarterly Data
Jun21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Operating Margin % 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 15.31 -15.06 -9.33 35.86 10.04

MSGE vs CNK, BATRA, MANU: Operating Margin % Comparison

For the Entertainment subindustry, Madison Square Garden Entertainment's Operating Margin %, along with its competitors' market caps and Operating Margin % 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 Entertainment Operating Margin % vs Media - Diversified Industry

For the Media - Diversified industry and Communication Services sector, Madison Square Garden Entertainment's Operating Margin % distribution charts can be found below:

* The bar in red indicates where Madison Square Garden Entertainment's Operating Margin % falls into.


MSGE
74GF Score
Madison Square Garden Entertainment Corp MSGE
Operating Margin % is just one metric. See GF Score™, valuation, warning signs, and more.
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Madison Square Garden Entertainment Operating Margin % Calculation

Operating Margin % - also known as operating income margin, operating profit margin and return on sales (ROS) - is the ratio of Operating Income divided by net sales or Revenue, usually presented in percent.

Madison Square Garden Entertainment's Operating Margin % for the fiscal year that ended in Jun. 2025 is calculated as

Operating Margin %=Operating Income (A: Jun. 2025 ) / Revenue (A: Jun. 2025 )
=134.349 / 942.734
=14.25 %

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

Operating Margin %=Operating Income (Q: Mar. 2026 ) / Revenue (Q: Mar. 2026 )
=24.724 / 246.26
=10.04 %

* 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.

Frequently Asked Questions Learn more about Operating Margin % →
What does a Operating Margin % of 10.04% mean?
Madison Square Garden Entertainment (MSGE) has a Operating Margin % of 10.04% as of Mar. 2026. Operating margin is the ratio of total operating income to net sales. View historical data on Madison Square Garden Entertainment and its competitors. This is 49% above median its historical median of 6.72. According to the industry distribution chart, Madison Square Garden Entertainment ranks #171 out of 1023 companies in the Media - Diversified industry, placing it in the top 16.7%.
Is Madison Square Garden Entertainment's Operating Margin % too high?
Madison Square Garden Entertainment's current Operating Margin % of 10.04% is 49% above median its 10-year median of 6.72. The Media - Diversified industry median Operating Margin % is 2.51. Madison Square Garden Entertainment's value of 10.04% is 300% above this industry median. Based on the distribution chart, Madison Square Garden Entertainment ranks #171 out of 1023 companies in the Media - Diversified industry, which is in the top quartile — a strong position relative to peers. Overall, Madison Square Garden Entertainment has a GF Score™ of 74/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Madison Square Garden Entertainment's Operating Margin % compare to CNK and BATRA?
According to the Media - Diversified industry distribution chart, Madison Square Garden Entertainment ranks #171 out of 1023 companies for Operating Margin %. This places Madison Square Garden Entertainment in the top 17% of its industry — outperforming the majority of peers. The industry median Operating Margin % is 2.51. Madison Square Garden Entertainment's value of 10.04% is 300% above this benchmark. While the company's 10-year median is 6.72 vs. the industry median of 2.51, Madison Square Garden Entertainment has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Operating Margin % for a Media - Diversified company?
The median Operating Margin % among Media - Diversified companies is 2.51, based on 1,023 companies in the industry. Companies in the top quartile (top 25%) have a Operating Margin % significantly above this median, while those in the bottom quartile fall well below. However, Operating Margin % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Madison Square Garden Entertainment's current Operating Margin % of 10.04% is 300% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Operating Margin % mean?
A high Operating Margin % can signal that a stock is expensive relative to its fundamentals. Operating margin is the ratio of total operating income to net sales. View historical data on Madison Square Garden Entertainment and its competitors. For the Media - Diversified industry, the median Operating Margin % is 2.51 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Madison Square Garden Entertainment's current Operating Margin % is 10.04%, which is 49% above median its own 10-year median of 6.72. 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 Entertainment stock overvalued right now?
Based on GuruFocus' analysis, Madison Square Garden Entertainment (MSGE) is currently considered Significantly Overvalued. The stock's GF Value™ is $43.10, compared to a current price of $76.51 — trading 77.5% above its estimated fair value. The current Operating Margin % is 10.04%, which is 49% above median its 10-year median of 6.72 and 300% above the Media - Diversified industry median of 2.51. Madison Square Garden Entertainment's overall GF Score™ is 74/100 with 7 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Operating Margin % calculated?
Operating Margin % is calculated from a company's financial statements. For Madison Square Garden Entertainment (MSGE), the current Operating Margin % is 10.04% 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 Entertainment (MSGE) Overvalued in 2026?

Based on GuruFocus' analysis, Madison Square Garden Entertainment stock appears to be overvalued. The current stock price of $76.51 is trading 77.5% above its estimated GF Value™ of $43.10. GuruFocus considers Madison Square Garden Entertainment to be Significantly Overvalued.

Key valuation signals for MSGE:

  • Operating Margin %: 10.04% (49% above median its 10-year median of 6.72)
  • GF Value™: $43.10 vs. price of $76.51 (77.5% above fair value)
  • GF Score™: 74/100 with 7 warning signs
  • Industry Position: 300% above the Media - Diversified median (#171 of 1023)

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


Madison Square Garden Entertainment Business Description

Address Two Penn Plaza, New York, NY, USA, 10121
Madison Square Garden Entertainment Corp provides live entertainment, delivering unforgettable experiences while forging deep connections with diverse and passionate audiences. The company's portfolio includes a collection of world-renowned venues - New York's Madison Square Garden, The Theater at Madison Square Garden, Radio City Music Hall, and Beacon Theatre; and The Chicago Theatre - that showcase a broad array of sporting events, concerts, family shows, and special events for millions of guests annually. In addition, the company features the original production, the Christmas Spectacular Starring the Radio City Rockettes, which has been a holiday tradition for 89 years.
74GF Score

Get the complete analysis for MSGE

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

$76.51
Price
$43.10
GF Value