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Madison Square Garden Entertainment (Madison Square Garden Entertainment) Owner Earnings per Share (TTM) : (As of Dec. 2023)


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What is Madison Square Garden Entertainment Owner Earnings per Share (TTM)?

In 1986 Berkshire Hathaway Shareholder Letter, Warren Buffett defined owner earnings as follows:

"These represent (a) reported earnings plus (b) depreciation, depletion, amortization, and certain other non-cash charges...less (c) the average annual amount of capitalized expenditures for plant and equipment, etc. that the business requires to fully maintain its long-term competitive position and its unit volume (If the business requires additional working capital to maintain its competitive position and unit volume, the increment also should be included in (c))...Our owner-earnings equation does not yield the deceptively precise figures provided by GAAP, since (c) must be a guess - and one sometimes very difficult to make. Despite this problem, we consider the owner earnings figure, not the GAAP figure, to be the relevant item for valuation purposes - both for investors in buying stocks and for managers in buying entire businesses...All of this points up the absurdity of the 'cash flow' numbers that are often set forth in Wall Street reports. These numbers routinely include (a) plus (b) - but do not subtract (c)."

Madison Square Garden Entertainment does not have enough data to calculate Owner Earnings per Share (TTM), so as Price-to-Owner-Earnings ratio.


The historical rank and industry rank for Madison Square Garden Entertainment's Owner Earnings per Share (TTM) or its related term are showing as below:



MSGE's Price-to-Owner-Earnings is not ranked *
in the Travel & Leisure industry.
Industry Median: 14.87
* Ranked among companies with meaningful Price-to-Owner-Earnings only.

Madison Square Garden Entertainment's Earnings per Share (Diluted) for the three months ended in Dec. 2023 was $2.59. Its Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Dec. 2023 was $1.54. It's PE Ratio ratio for today is 25.58.

Madison Square Garden Entertainment's EPS without NRI for the three months ended in Dec. 2023 was $2.54. Its EPS without NRI for the trailing twelve months (TTM) ended in Dec. 2023 was $1.49. It's PE Ratio without NRI ratio for today is 26.51.


Madison Square Garden Entertainment Owner Earnings per Share (TTM) Historical Data

The historical data trend for Madison Square Garden Entertainment's Owner Earnings per Share (TTM) 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.

* Premium members only.

Madison Square Garden Entertainment Owner Earnings per Share (TTM) Chart

Madison Square Garden Entertainment Annual Data
Trend Jun20 Jun21 Jun22 Jun23
Owner Earnings per Share (TTM)
- - - -

Madison Square Garden Entertainment Quarterly Data
Jun20 Jun21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Owner Earnings per Share (TTM) Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only - - - - -

Competitive Comparison of Madison Square Garden Entertainment's Owner Earnings per Share (TTM)

For the Leisure subindustry, Madison Square Garden Entertainment's Price-to-Owner-Earnings, along with its competitors' market caps and Price-to-Owner-Earnings 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's Price-to-Owner-Earnings Distribution in the Travel & Leisure Industry

For the Travel & Leisure industry and Consumer Cyclical sector, Madison Square Garden Entertainment's Price-to-Owner-Earnings distribution charts can be found below:

* The bar in red indicates where Madison Square Garden Entertainment's Price-to-Owner-Earnings falls into.



Madison Square Garden Entertainment Owner Earnings per Share (TTM) Calculation

In 1986 Berkshire Hathaway Shareholder Letter, Warren Buffett defined owner earnings as follows:

"These represent (a) reported earnings plus (b) depreciation, depletion, amortization, and certain other non-cash charges...less (c) the average annual amount of capitalized expenditures for plant and equipment, etc. that the business requires to fully maintain its long-term competitive position and its unit volume. (If the business requires additional working capital to maintain its competitive position and unit volume, the increment also should be included in (c))...Our owner-earnings equation does not yield the deceptively precise figures provided by GAAP, since (c) must be a guess - and one sometimes very difficult to make. Despite this problem, we consider the owner earnings figure, not the GAAP figure, to be the relevant item for valuation purposes - both for investors in buying stocks and for managers in buying entire businesses...All of this points up the absurdity of the 'cash flow' numbers that are often set forth in Wall Street reports. These numbers routinely include (a) plus (b) - but do not subtract (c)."

To make it simple, then you will have:

Owner Earnings per Share (TTM) = (Net Income + Depreciation, Depletion and Amortization + Change In Deferred Tax - 5Y Average of Maintenance Capital Expenditure + Change In Working Capital) / Shares Outstanding (Diluted Average)

Madison Square Garden Entertainment does not have enough data to calculate Owner Earnings per Share (TTM). Please check Wal-Mart Stores Inc, as your reference.


Be Aware

Assumption: Companies usually do not report maintenance capital expenditures and growth capital expenditures separately. Here we use estimated numbers and average them over 5 years. The method to estimate maintenance capital expenditures can be found in above part 4.

Note: GuruFocus' Change In Working Capital is provided by Morningstar. It is calculated by adding the items under "Change in operating assets and liabilities" (may refer to a different name for different company) section in Cash Flow Statement from original financial report. And it includes non-current parts of assets and liabilities.


Madison Square Garden Entertainment Owner Earnings per Share (TTM) Related Terms

Thank you for viewing the detailed overview of Madison Square Garden Entertainment's Owner Earnings per Share (TTM) provided by GuruFocus.com. Please click on the following links to see related term pages.


Madison Square Garden Entertainment (Madison Square Garden Entertainment) Business Description

Traded in Other Exchanges
N/A
Address
2 Pennsylvania 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.
Executives
Madison Square Garden Entertainment Corp. 10 percent owner, other: See Remarks TWO PENNSYLVANIA PLAZA, NEW YORK NY 10121
Thomas Charles Dolan other: Member of 13(d) Group BAKER BOTTS L.L.P., 30 ROCKEFELLER PLAZA, NEW YORK NY 10112
Donna Coleman director 2 PENNSYLVANIA PLAZA, NEW YORK NY 10121
Martin Bandier director TWO PENNSYLVANIA PLAZA, NEW YORK NY 10121
Quentin F Dolan director 11 PENNSYLVANIA PLAZA, NEW YORK NY 10001
Charles P Dolan director 2 PENN PLAZA, NEW YORK NY 10121
Ryan Thomas Dolan director TWO PENNSYLVANIA PLAZA, NEW YORK NY 10121
Paul Joseph Dolan other: Trustee of 13(d) Group Member TWO PENNSYLVANIA PLAZA, NEW YORK NY 10121
Mary S Dolan other: Trustee of 13(d) Group Member BAKER BOTTS L.L.P., 30 ROCKEFELLER PLAZA, NEW YORK NY 10112
Ryan Dolan 1989 Trust other: Member of 13(d) Group BAKER BOTTS L.L.P., 30 ROCKEFELLER PLAZA, NEW YORK NY 10112
Tara Dolan 1989 Trust other: Member of 13(d) Group BAKER BOTTS L.L.P., 30 ROCKEFELLER PLAZA, NEW YORK NY 10112
Charles F. Dolan Children Trust Fbo Kathleen M. Dolan other: Member of 13(d) Group BAKER BOTTS L.L.P., 30 ROCKEFELLER PLAZA, NEW YORK NY 10112
Charles F. Dolan Children Trust Fbo Deborah Dolan-sweeney other: Member of 13(d) Group BAKER BOTTS L.L.P., 30 ROCKEFELLER PLAZA, NEW YORK NY 10112
Charles F. Dolan Children Trust Fbo Thomas C. Dolan other: Member of 13(d) Group BAKER BOTTS L.L.P., 30 ROCKEFELLER PLAZA, NEW YORK NY 10112
Charles F. Dolan Children Trust Fbo Marianne Dolan Weber other: Member of 13(d) Group BAKER BOTTS L.L.P., 30 ROCKEFELLER PLAZA, NEW YORK NY 10112

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