Madison Square Garden Sports Corp (MSGS)
Operating profit margin
| Jun 30, 2024 | Jun 30, 2023 | Jun 30, 2022 | Jun 30, 2021 | Jun 30, 2020 | ||
|---|---|---|---|---|---|---|
| Operating income | US$ in thousands | 146,038 | 85,174 | 86,080 | -78,443 | -93,866 |
| Revenue | US$ in thousands | 1,027,150 | 864,563 | 988,315 | 552,189 | 737,739 |
| Operating profit margin | 14.22% | 9.85% | 8.71% | -14.21% | -12.72% |
June 30, 2024 calculation
Operating profit margin = Operating income ÷ Revenue
= $146,038K ÷ $1,027,150K
= 14.22%
Madison Square Garden Sports Corp's operating profit margin has shown an improving trend over the past five years, reflecting better operational efficiency and profitability. The company's operating profit margin has increased steadily from -14.21% in June 2021 to 14.22% in June 2024, indicating a significant turnaround. This improvement suggests that the company has effectively managed its operating expenses relative to its revenue generation, resulting in a healthier margin and potential for increased profitability. Overall, the consistent improvement in operating profit margin demonstrates Madison Square Garden Sports Corp's ability to enhance its operational performance and financial health over time.
Peer comparison
Jun 30, 2024