Madison Square Garden Sports Corp (MSGS)

Return on assets (ROA)

Jun 30, 2025 Jun 30, 2024 Jun 30, 2023 Jun 30, 2022 Jun 30, 2021
Net income US$ in thousands -22,438 58,771 47,793 51,131 -15,897
Total assets US$ in thousands 1,472,970 1,346,290 1,315,020 1,301,970 1,309,940
ROA -1.52% 4.37% 3.63% 3.93% -1.21%

June 30, 2025 calculation

ROA = Net income ÷ Total assets
= $-22,438K ÷ $1,472,970K
= -1.52%

The return on assets (ROA) of Madison Square Garden Sports Corp over the period from June 30, 2021, to June 30, 2025, exhibits notable fluctuations. As of June 30, 2021, the company's ROA was negative at -1.21%, indicating that the firm was experiencing a period of losses relative to its total assets. By June 30, 2022, this figure shifted to a positive 3.93%, reflecting a significant improvement and suggesting increased efficiency in generating earnings from its asset base. The upward trend persisted into June 30, 2023, with ROA slightly declining to 3.63%, but maintaining a positive stance. The continued improvement is demonstrated by further growth to 4.37% as of June 30, 2024, signaling a period of operational profitability and effective asset utilization. However, by June 30, 2025, the ROA again turned negative to -1.52%, indicating a downturn with the company experiencing losses relative to its assets. Overall, the ROA trend demonstrates periods of both recovery and decline, with the company's asset efficiency improving notably in 2022 and 2023 before slipping back into negative territory in 2025.


Peer comparison

Jun 30, 2025

Company name
Symbol
ROA
Madison Square Garden Sports Corp
MSGS
-1.52%
Golden Entertainment Inc
GDEN
4.70%
Vail Resorts Inc
MTN
4.04%
Walt Disney Company
DIS
2.53%