Madison Square Garden Sports vs TKO Group
Add, change or remove companies; up to four.
KIRAβs take AI analyst
I put Madison Square Garden Sports and TKO Group side by side, using each oneβs latest annual report. Here is what stands out:
- TKO Group is the larger business, with $4.7B of revenue in fiscal 2025 against $1.2B for Madison Square Garden Sports, about 4.1 times as much.
- Madison Square Garden Sports grew revenue faster (11.0%, against β3.1%).
- TKO Group kept more of each dollar of sales as operating profit (17.6% operating margin, against 2.5%).
Who comes out ahead
Of the 6 measures where higher (or lower) is clearly better, how many each company leads.
Madison Square Garden Sports
MSGS
3/6
Revenue growthPiotroski F-scoreShare count change
TKO Group
TKO
3/6
Operating marginNet marginNet debt / EBITDA
Side by side
Best in the row
| Latest fiscal year | MSGS FY26 | TKO FY25 |
|---|---|---|
| Size | ||
| Market cap | $9.4B | $13.0B |
| Revenue | $1.2B | $4.7B |
| Free cash flow | $61.3M | β |
| Net income | $7.8M | $195M |
| Growth | ||
| Revenue growth | 11.0% | β3.1% |
| 5-year growth | 22.7% | β |
| Share count change | 0.7% | 12.9% |
| Profitability | ||
| Gross margin | β | β |
| Operating margin | 2.5% | 17.6% |
| Net margin | 0.7% | 4.1% |
| FCF margin | 5.3% | β |
| Return on capital | β | 5.9% |
| Return on equity | β | 5.0% |
| Balance sheet | ||
| Net debt | $94.0M | $3.2B |
| Net debt / EBITDA | 2.9x | 2.4x |
| Dividends and buybacks | $0.5M | $1.1B |
| Valuation & quality | ||
| P/E | β | β |
| Piotroski F-score | 7 | 5 |
Ten years
Revenue
Operating margin
Free cash flow
Return on capital
Each company's latest fiscal year; fiscal years end in different months. The best value in each row is highlighted where higher (or lower) is clearly better. Not investment advice.

