Madison Square Garden Entertainment
MSGE
#3659
Rank
ยฃ2.84 B
Marketcap
ยฃ59.95
Share price
4.43%
Change (1 day)
60.03%
Change (1 year)
Categories

Operating Margin for Madison Square Garden Entertainment (MSGE)

Operating Margin at the end of 2022: -22.92%

According to Madison Square Garden Entertainment's latest financial reports and stock price the company's current Operating Margin is 13.85%. At the end of 2022 the company had an Operating Margin of -22.92%.

Operating Margin history for Madison Square Garden Entertainment from 2020 to 2022

Operating Margin at the end of each year

Year Operating Margin Change
2022-22.92%-89.59%
2021-220.29%-574.74%
202046.40%

Operating Margin for similar companies or competitors

Company Operating Margin Operating Margin differencediff. Country
Madison Square Garden Entertainment
MSGE
13.85% 0.00%๐Ÿ‡บ๐Ÿ‡ธ USA

What is a company's Operating Margin?

The operating margin is a key indicator to assess the profitability of a company. Higher operating margins are generaly better as they show that a company is able to sell its products or services for much more than their production costs. The operating margin is calculated by dividing a company's earnings by its revenue.