Event-Driven Stocks

Madison Square Garden Entertainment Corp.

MSGENYSE

Consumer Discretionary · Services-Miscellaneous Amusement & Recreation · NV · SEC filings ↗ · Compare ⊕

View price & chart on Yahoo Finance ↗
Signs● 3 good● 2 warning● 2 severedetails ↓

Financials

SEC XBRL · annual
 FY25FY24FY23FY22FY21
Revenue$862.8M$886.0M$779.8M$582.1M$57.5M
Operating income$122.1M$111.9M$105.0M−$5.6M−$237.3M
Net income$37.4M$144.3M$76.6M−$133.3M−$218.6M
Total assets$1.67B$1.55B$1.40B$1.53B—
Total liabilities$1.68B$1.58B$1.47B$1.53B—
Equity−$13.3M−$23.2M−$69.5M−$1.5M$498.7M
EPS (diluted)$0.77$2.97$1.47$-2.58$-4.22
Shares out.48.3M48.6M52.3M51.8M51.8M

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
14.2%
Net margin
4.3%
Return on equity
−281.4%
Return on assets
2.2%
Return on capital (ROCE)
10.5%
Liabilities / assets
100.8%
Debt / equity
—
Book value / share
$-0.28
Revenue growth (YoY)
−2.6%
Net income growth (YoY)
−74.1%

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)
-0.26distress
Accruals / assets
−4.7%clean
Piotroski F-Score
7/9strong

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 Score
49
/ 100
Profitability 80Growth 0Catalyst 67Earnings quality 100Financial strength 0

Our 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● 3 good
  • Negative shareholder equity
  • Altman Z″ in the distress zone
  • Revenue declined year-over-year
  • High leverage (liabilities > 70% of assets)
  • Operating margin is positive
  • 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

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
SettlementShares shortDays to coverΔ vs prior
May 15, 20261.5M2.7-20.7%
Apr 30, 20261.9M6.3-1.2%
Apr 15, 20261.9M6.5+1.8%
Mar 31, 20261.9M6.0-0.5%
Mar 13, 20261.9M5.3+22.2%

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

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 ↗

Corporate family

Spun off from MSG EntertainmentSPHR · Apr 19, 2023

From the spin-off filings we track. Follow a company to walk its own history.

Event-driven situations (2)