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Madison Square Garden Sports (FRA:MS8) Tax Rate % : 47.32% (As of Mar. 2024)


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What is Madison Square Garden Sports Tax Rate %?

Tax Rate % is calculated as Tax Expense divided by its Pre-Tax Income. Madison Square Garden Sports's Tax Expense for the three months ended in Mar. 2024 was €31.3 Mil. Madison Square Garden Sports's Pre-Tax Income for the three months ended in Mar. 2024 was €66.1 Mil. Therefore, Madison Square Garden Sports's Tax Rate % for the quarter that ended in Mar. 2024 was 47.32%.

Madison Square Garden Sports Tax Rate % Historical Data

The historical data trend for Madison Square Garden Sports's Tax Rate % 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.

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Madison Square Garden Sports Tax Rate % Chart

Madison Square Garden Sports Annual Data
Trend Jun14 Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23
Tax Rate %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 20.81 -21.00 82.20 33.88 49.26

Madison Square Garden Sports Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Tax Rate % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 45.33 22.34 44.59 43.12 47.32

Madison Square Garden Sports Tax Rate % Calculation

Tax Rate % is the ratio of tax expense divided by pretax income, usually presented in percent.

Madison Square Garden Sports's Tax Rate % for the fiscal year that ended in Jun. 2023 is calculated as

Tax Rate %=Tax Expense (A: Jun. 2023 )/Pre-Tax Income (A: Jun. 2023 )
=40.882/82.997
=49.26 %

Madison Square Garden Sports's Tax Rate % for the quarter that ended in Mar. 2024 is calculated as

Tax Rate %=Tax Expense (Q: Mar. 2024 )/Pre-Tax Income (Q: Mar. 2024 )
=31.297/66.143
=47.32 %

* 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 Sports Tax Rate % Related Terms

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Madison Square Garden Sports (FRA:MS8) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Communication Services » Media - Diversified » Madison Square Garden Sports Corp (FRA:MS8) » Definitions » Tax Rate %
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Traded in Other Exchanges
MSGS:USA
Address
Two Penn Plaza, New York, NY, USA, 10121
Website
https://www.msgsports.com
Madison Square Garden Sports Corp is engaged in live sports and entertainment business. The Company's reportable segment: MSG Entertainment consists of live entertainment events, including concerts and other live events, such as family shows, performing arts and special events.

Madison Square Garden Sports (FRA:MS8) Headlines

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