Madison Square Garden Sports Corp

NYSE MSGS

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Madison Square Garden Sports Corp Operating Expense Ratio 3 year CAGR for the year ending June 30, 2023: -20.05%

Madison Square Garden Sports Corp Operating Expense Ratio 3 year CAGR is -20.05% for the year ending June 30, 2023, a -126.73% change year over year. The operating expense ratio represents the proportion of a company's operating expenses to its revenue. It is calculated by dividing the operating expenses by the revenue. This ratio provides insights into the efficiency of a company's cost structure and its ability to control operating expenses relative to its revenue generation. A lower ratio indicates higher operational efficiency and cost management, while a higher ratio suggests higher operating expenses relative to revenue. CAGR, or the Compound Annual Growth Rate, quantifies the mean annual growth rate of an investment or financial metric over a specified time span, considering the influence of compounding. It is instrumental in determining the true annualized return on an investment.
  • Madison Square Garden Sports Corp Operating Expense Ratio for the year ending June 30, 2022 was 28.58%, a -44.04% change year over year.
  • Madison Square Garden Sports Corp Operating Expense Ratio for the year ending June 30, 2021 was 51.06%, a -8.64% change year over year.
  • Madison Square Garden Sports Corp Operating Expense Ratio for the year ending June 30, 2020 was 55.89%, a 48.15% change year over year.
  • Madison Square Garden Sports Corp Operating Expense Ratio for the year ending June 30, 2019 was 37.73%, a -1.11% change year over year.
NYSE: MSGS

Madison Square Garden Sports Corp

CEO Mr. James Lawrence Dolan
IPO Date Oct. 1, 2015
Location United States
Headquarters Two Pennsylvania Plaza, New York, NY, United States, 10121
Employees 558
Sector Communication Services
Industry Entertainment
Description

Madison Square Garden Sports Corp. operates as a professional sports company in the United States. The company owns and operates a portfolio of assets that consists of the New York Knickerbockers of the National Basketball Association (NBA) and the New York Rangers of the National Hockey League. Its other professional franchises include two development league teams, the Hartford Wolf Pack of the American Hockey League and the Westchester Knicks of the NBA G League. The company also owns Knicks Gaming, an esports franchise that competes in the NBA 2K League, as well as a controlling interest in Counter Logic Gaming, a North American esports organization. In addition, it operates two professional sports team performance centers, the Madison Square Garden Training Center in Greenburgh. The company was formerly known as The Madison Square Garden Company. Madison Square Garden Sports Corp. was incorporated in 2015 and is based in New York, New York.

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StockViz Staff

September 20, 2024

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