Madison Square Garden Sports Corp (MSGS)
Net profit margin
| Jun 30, 2024 | Mar 31, 2024 | Dec 31, 2023 | Sep 30, 2023 | Jun 30, 2023 | Mar 31, 2023 | Dec 31, 2022 | Sep 30, 2022 | Jun 30, 2022 | Mar 31, 2022 | Dec 31, 2021 | Sep 30, 2021 | Jun 30, 2021 | Mar 31, 2021 | Dec 31, 2020 | Sep 30, 2020 | Jun 30, 2020 | Mar 31, 2020 | Dec 31, 2019 | Sep 30, 2019 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Net income (ttm) | US$ in thousands | 58,771 | 24,023 | 38,525 | 46,792 | 47,793 | 84,238 | 56,362 | 49,716 | 51,131 | 73,563 | 54,528 | -1,942 | -13,954 | -142,093 | -265,590 | -130,824 | -182,388 | -177,100 | -23,800 | -36,342 |
| Revenue (ttm) | US$ in thousands | 1,027,149 | 903,934 | 856,724 | 883,520 | 864,563 | 1,102,693 | 1,057,723 | 993,610 | 988,315 | 929,519 | 774,755 | 513,945 | 552,189 | 396,279 | 480,900 | 744,927 | 737,739 | 873,835 | 1,123,394 | 1,462,783 |
| Net profit margin | 5.72% | 2.66% | 4.50% | 5.30% | 5.53% | 7.64% | 5.33% | 5.00% | 5.17% | 7.91% | 7.04% | -0.38% | -2.53% | -35.86% | -55.23% | -17.56% | -24.72% | -20.27% | -2.12% | -2.48% |
June 30, 2024 calculation
Net profit margin = Net income (ttm) ÷ Revenue (ttm)
= $58,771K ÷ $1,027,149K
= 5.72%
The net profit margin of Madison Square Garden Sports Corp has shown some fluctuations over the past several quarters, ranging from negative margins to positive margins.
In the most recent quarter, ending June 30, 2024, the net profit margin was 5.72%, showing an improvement from the previous quarter's 2.66%. This increase indicates that the company was able to generate more profit relative to its revenue in the latest period.
Looking back further, the net profit margins have shown some variability, with higher margins observed in some quarters (e.g., 7.64% in March 2023, 7.91% in March 2022) and lower margins in others, including negative margins in some instances (e.g., -35.86% in March 2021, -55.23% in December 2020).
Overall, the trend in net profit margins suggests that Madison Square Garden Sports Corp has experienced fluctuations in profitability over the analyzed period. It would be important to further investigate the factors driving these fluctuations to assess the company's financial performance and sustainability.
Peer comparison
Jun 30, 2024