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Madison Square Garden Entertainment (Madison Square Garden Entertainment) Pretax Margin % : 31.37% (As of Dec. 2023)


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What is Madison Square Garden Entertainment Pretax Margin %?

Pre-Tax margin is calculated as Pre-Tax Income divided by its Revenue. Madison Square Garden Entertainment's Pre-Tax Income for the three months ended in Dec. 2023 was $126.3 Mil. Madison Square Garden Entertainment's Revenue for the three months ended in Dec. 2023 was $402.7 Mil. Therefore, Madison Square Garden Entertainment's pretax margin for the quarter that ended in Dec. 2023 was 31.37%.

The historical rank and industry rank for Madison Square Garden Entertainment's Pretax Margin % or its related term are showing as below:

MSGE' s Pretax Margin % Range Over the Past 10 Years
Min: -261.53   Med: -5.86   Max: 46.33
Current: 8.19


MSGE's Pretax Margin % is ranked better than
56.95% of 820 companies
in the Travel & Leisure industry
Industry Median: 6.31 vs MSGE: 8.19

Madison Square Garden Entertainment Pretax Margin % Historical Data

The historical data trend for Madison Square Garden Entertainment's Pretax Margin % 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 Pretax Margin % Chart

Madison Square Garden Entertainment Annual Data
Trend Jun20 Jun21 Jun22 Jun23
Pretax Margin %
46.33 -261.53 -20.85 9.13

Madison Square Garden Entertainment Quarterly Data
Jun20 Jun21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Pretax Margin % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only 28.07 10.83 -15.93 -36.09 31.37

Competitive Comparison of Madison Square Garden Entertainment's Pretax Margin %

For the Leisure subindustry, Madison Square Garden Entertainment's Pretax Margin %, along with its competitors' market caps and Pretax Margin % 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 Pretax Margin % Distribution in the Travel & Leisure Industry

For the Travel & Leisure industry and Consumer Cyclical sector, Madison Square Garden Entertainment's Pretax Margin % distribution charts can be found below:

* The bar in red indicates where Madison Square Garden Entertainment's Pretax Margin % falls into.



Madison Square Garden Entertainment Pretax Margin % Calculation

Pretax margin - also known as pretax profit margin is the ratio of Pretax Income divided by net sales or Revenue, usually presented in percent.

Madison Square Garden Entertainment's Pretax Margin for the fiscal year that ended in Jun. 2023 is calculated as

Pretax Margin=Pre-Tax Income (A: Jun. 2023 )/Revenue (A: Jun. 2023 )
=77.772/851.496
=9.13 %

Madison Square Garden Entertainment's Pretax Margin for the quarter that ended in Dec. 2023 is calculated as

Pretax Margin=Pre-Tax Income (Q: Dec. 2023 )/Revenue (Q: Dec. 2023 )
=126.303/402.666
=31.37 %

* 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.


Madison Square Garden Entertainment  (NYSE:MSGE) Pretax Margin % Explanation

The pretax margin, as know as pretax profit margin, is widely used to measure the operating efficiency of a company before deducting taxes.

The pretax margin is sometimes preferred over the net margin as tax expenditures can make profitability comparisons between companies misleading.

It is a useful tool to compare companies operating in the same sector and less effective when comparing companies from other sectors as each industry generally has different operating expenses and sales patterns.

The long term trend of the pretax margin is a good indicator of the competitiveness and health of the business.


Madison Square Garden Entertainment Pretax Margin % Related Terms

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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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