Madison Square Garden Sports Corp - Class A risk profile

39 Normal where most of the sector sits

Measured 21 October 2026 from MSGS's filed statements. Recomputed nightly.

39 (Normal), driven by Leverage and coverage at 91, over 6 weighted categories on the SOFTWARE profile.

What is measured

MechanismReadingBandDirectionDriver
Market expectation22NormalStableOne-year price volatility — 29.3%
Operating pressure46ElevatedEasingOperating-margin drift — -6.9 percentage points
Cash conversion19ContainedEasingFree-cash-flow margin — 5.3%
Leverage and coverage91AcuteEasingNet debt to EBITDA — 23.57x
Competitive position52ElevatedStableOperating-margin gap against peers — -11.9 percentage points
Concentration18ContainedStableCustomer concentration — 256 HHI

These are descriptive readings of disclosed mechanisms, not investment advice, and not a prediction. A band says where a measured input sits, never what to do about it or what happens next.

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Financials, valuation and price history for Madison Square Garden Sports Corp - Class A