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Madison Square Garden Entertainment Corp
Previous close
$39.49
Day range
$39.24 - $39.72
Year range
$27.55 - $40.81
Market cap
1.89B USD
Avg Volume
419.46K
P/E ratio
25.64
Dividend yield
-
Primary exchange
NYSE
Market news
Financials
Income Statement
Revenue
Net income
(USD) | Dec 2023info | Y/Y change |
---|---|---|
Revenue | 402.67M | 13.15% |
Operating expense | 62.66M | 6.82% |
Net income | 125.25M | 28.77% |
Net profit margin | 31.10 | 13.79% |
Earnings per share | 2.60 | — |
EBITDA | 150.45M | 13.80% |
Effective tax rate | 0.83% | — |
Balance Sheet
Total assets
Total liabilities
(USD) | Dec 2023info | Y/Y change |
---|---|---|
Cash and short-term investments | 35.23M | -77.05% |
Total assets | 1.42B | -8.31% |
Total liabilities | 1.52B | 4.98% |
Total equity | -102.05M | — |
Shares outstanding | 47.99M | — |
Price to book | -18.54 | — |
Return on assets | 24.78% | — |
Return on capital | 42.83% | — |
Cash Flow
Net change in cash
(USD) | Dec 2023info | Y/Y change |
---|---|---|
Net income | 125.25M | 28.77% |
Cash from operations | 103.85M | -18.01% |
Cash from investing | -7.24M | -130.91% |
Cash from financing | -98.56M | 3.99% |
Net change in cash | -1.94M | -104.10% |
Free cash flow | 59.51M | 144.47% |
About
Madison Square Garden Entertainment Corp. is an American entertainment holding company based in New York City. The company was established in 2020 when The Madison Square Garden Company spun off its non-sports assets as an independent, publicly traded company.
MSG Entertainment controls live events at Madison Square Garden, both in the arena and in The Theater at Madison Square Garden. In addition to the Garden itself, MSG Entertainment operates two other theaters in Manhattan: Radio City Music Hall and the Beacon Theatre. Outside New York City, MSG Entertainment controls the operations of the Chicago Theatre, co-booking at the Wang Theatre in Boston, and an entertainment venue in Las Vegas known as Sphere. MSG Entertainment also produces the Radio City Christmas Spectacular at Radio City Music Hall and formerly in other venues around the United States.
On March 26, 2021, MSG Entertainment announced that it would acquire the regional sports network group MSG Networks in an all-stock deal, reuniting it with its namesake venue; MSG Networks had originally been spun out from The Madison Square Garden Company in 2015. The acquisition was completed in July 2021. Wikipedia
Founded
2020
Website
Employees
5,820