Madison Square Garden Sports Corp (MSGS)
Operating 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 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating income (ttm) | US$ in thousands | 146,038 | 81,538 | 83,547 | 106,248 | 85,174 | 121,077 | 100,719 | 85,120 | 86,080 | 41,617 | -11,652 | -85,977 | -78,443 | -102,620 | -100,119 | -61,946 | -93,866 | -104,911 | -72,649 | -84,313 |
| 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 |
| Operating profit margin | 14.22% | 9.02% | 9.75% | 12.03% | 9.85% | 10.98% | 9.52% | 8.57% | 8.71% | 4.48% | -1.50% | -16.73% | -14.21% | -25.90% | -20.82% | -8.32% | -12.72% | -12.01% | -6.47% | -5.76% |
June 30, 2024 calculation
Operating profit margin = Operating income (ttm) ÷ Revenue (ttm)
= $146,038K ÷ $1,027,149K
= 14.22%
Madison Square Garden Sports Corp's operating profit margin has fluctuated over the past quarters. The operating profit margin stood at 14.22% in June 2024, indicating that the company is generating $0.1422 in operating profit for every dollar of revenue. This represents an improvement compared to the previous quarter's operating profit margin of 9.02%.
The company's operating profit margins have shown variability, with the lowest point recorded in the quarter ending September 2021 at -25.90%, indicating that the company was not generating a profit from its operations during that period. Since then, there has been a general upward trend in operating profit margin, reflecting improvements in the company's operational efficiency and profitability.
It is important for Madison Square Garden Sports Corp to continue monitoring and managing its operating profit margin to ensure sustainable profitability and operational effectiveness in the long run.
Peer comparison
Jun 30, 2024