Madison Square Garden Sports Corp.
MSGSNYSEConsumer Discretionary · Services-Miscellaneous Amusement & Recreation · NV · SEC filings ↗ · Compare ⊕
View price & chart on Yahoo Finance ↗Financials
SEC XBRL · annual| FY25 | FY24 | FY23 | FY22 | FY21 | FY20 | |
|---|---|---|---|---|---|---|
| Revenue | $1.04B | $1.03B | $887.4M | $821.4M | $415.7M | $603.3M |
| Operating income | $14.8M | $146.0M | $85.2M | $86.1M | −$78.4M | −$93.9M |
| Net income | −$22.4M | $58.8M | $47.8M | $51.1M | −$14.0M | −$182.4M |
| Total assets | $1.47B | $1.35B | $1.32B | $1.30B | $1.31B | $1.23B |
| Total liabilities | $1.75B | $1.61B | $1.65B | $1.45B | $1.51B | $1.44B |
| Equity | −$281.4M | −$266.3M | −$337.2M | −$147.1M | −$204.3M | −$207.0M |
| EPS (diluted) | $-0.93 | $2.44 | $1.89 | $2.10 | $-0.58 | $-7.62 |
| Shares out. | 24.1M | 24.1M | 24.2M | 24.4M | 24.1M | 23.9M |
Reported figures from the company's SEC filings (XBRL). Blank where a line item isn't cleanly tagged — never estimated.
Key ratios
from filings · FY2025- Operating margin
- 1.4%
- Net margin
- −2.2%
- Return on equity
- 8.0%
- Return on assets
- −1.5%
- Return on capital (ROCE)
- 1.6%
- Liabilities / assets
- 119.1%
- Debt / equity
- —
- Book value / share
- $-11.68
- Revenue growth (YoY)
- 1.2%
- Net income growth (YoY)
- −138.2%
Computed from the company's own SEC figures — no market price, so these are facts, not a valuation. Book value per share is reported equity ÷ shares; it is not the stock price.
Financial health
forensic scores · FY2025- Altman Z″ (distress)
- -1.80distress
- Accruals / assets
- −7.7%clean
- Piotroski F-Score
- 5/9mixed
Altman Z″is a textbook bankruptcy-distress score from book values only (>2.6 safe · 1.1–2.6 grey · <1.1 distress). Accruals = (net income − operating cash flow) ÷ assets; persistently high accruals are an earnings-quality red flag. Beneish M-Scoreis an eight-ratio screen comparing this year with last (M > −1.78 = elevated manipulation-risk screen, not proof). Piotroski F-Scorecounts how many of nine fundamental-health checks pass (shown as passed / applicable; we use operating margin and total liabilities as documented proxies where the exact input isn't XBRL-tagged). Computed from SEC filings — descriptive factors, not advice or a forecast.
Quality score
EDS ScoreOur own multi-factor score from free SEC data — profitability, growth, financial strength, earnings quality, and event/ownership catalysts. No market price and no licensed model: each axis is the share of source-backed checks it passes. Descriptive factors, not advice or a forecast.
Signs
● 2 severe● 2 warning● 4 good- Negative shareholder equity
- Altman Z″ in the distress zone
- Reported a net loss
- High leverage (liabilities > 70% of assets)
- Operating margin is positive
- Revenue is growing year-over-year
- Positive operating cash flow
- Clean earnings (low accruals)
Derived from the company's own SEC figures (fundamentals, forensic scores, filing discipline) — descriptive factors, not advice or a forecast.
5%+ owners
SEC Schedule 13D / 13G · last 3 yrs- Vanguard Group IncPassive (13G)Mar 27, 2026
- Dolan James LawrenceActivist (13D)Mar 9, 2026
- Blackrock, Inc.Passive (13G)Jan 8, 2026
- Dolan Charles FActivist (13D)Dec 31, 2024
Holders who disclosed a 5%+ stake. 13D signals intent to influence or control; 13G is a passive holding. Latest filing per holder — open it for the exact stake.
Short interest
FINRA · bi-monthly| Settlement | Shares short | Days to cover | Δ vs prior |
|---|---|---|---|
| May 15, 2026 | 1.2M | 4.2 | +18.0% |
| Apr 30, 2026 | 1.0M | 5.0 | +7.9% |
| Apr 15, 2026 | 936,752 | 4.2 | +1.9% |
| Mar 31, 2026 | 918,944 | 3.5 | +21.3% |
| Mar 13, 2026 | 757,484 | 3.6 | -2.3% |
Shares sold short as reported to FINRA. Days-to-cover = short shares ÷ average daily volume — higher means more potential squeeze pressure.
Material events
SEC Form 8-K · most recent- Results of operationsMay 8, 2026
- Director / officer changeMay 4, 2026
- Director / officer change · Other material eventFeb 18, 2026
- Results of operationsFeb 5, 2026
- Shareholder voteDec 9, 2025
- Director / officer changeNov 21, 2025
- Entered a material agreementNov 7, 2025
- Results of operationsOct 31, 2025
Events the company reported on Form 8-K, labelled by the SEC item code it filed under — its own classification, not our interpretation.
Recent SEC filings
All filings ↗- 3May 15, 2026
- 144May 14, 2026
- 10-QMay 8, 2026
- 8-KMay 8, 2026
- 8-KMay 4, 2026
- 4Apr 20, 2026
- SCHEDULE 13G/AMar 27, 2026
- SCHEDULE 13D/AMar 9, 2026
- SCHEDULE 13D/AFeb 27, 2026
- 4Feb 24, 2026
- 4Feb 24, 2026
- 4Feb 24, 2026
- 4Feb 24, 2026
- 4Feb 24, 2026
- 4Feb 24, 2026
Event-driven situations (2)
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