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MSGK · MSG Knickerbockers Corp. · Financials

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$312.90 +2.72 (+0.88%) At close · Oct 30 Q2 2026 earnings call transcript
Market Cap
$10.01B
Shares
31.98M
Volume · Oct 30 269.9K Avg daily vol (4 sessions) 372.35K

Income-statement, balance-sheet and cash-flow figures from SEC filings, plus a debt profile anchored in the latest 10-K and updated by each 10-Q and debt exhibit.

Revenue
$1.15B +11%
FY2026 Revenue FY2014–FY2026
Net Income
$7.76M +134.6%
FY2026 Net Income FY2014–FY2026
Operating Margin
2.5% +1.1pp
FY2026 Operating Margin FY2014–FY2026
Diluted EPS
$0.24 +134.4%
FY2026 Diluted EPS FY2014–FY2026
Operating Cash Flow
$62.66M -31.6%
FY2026 Operating Cash Flow FY2014–FY2026

Chart any reported metric, KPI or segment over time — the full statement history lives here

Line Item TTM FY2026 FY2025 FY2024 FY2023 FY2022 FY2021 FY2020 FY2019 FY2018 FY2017 FY2016 FY2015 FY2014
— $1.15B $1.04B $1.03B $887.45M $821.35M $415.72M $603.32M $1.63B $1.56B $1.32B $1.12B $1.07B $913.62M
— $286M $266.08M $261.43M $249.89M $229.67M $206.7M $319.68M $327.44M $290.72M $406.95M $333.6M $238.32M $221.11M
— — — $0 $167K $1.06M $1.06M $3.56M $4.97M $6.28M $7.81M $6.6M $6.94M $6.94M
— $3.18M $3.22M $3.16M $3.58M $5.04M $5.57M $93.36M $119.19M $122.49M $107.39M $102.48M $108.76M $91.71M
— $2.08M $0 $0 — — — — — — — — — —
— — — — — — — $697.19M $787.6M $1.54B $1.38B $1.17B $1.07B —
— $28.87M $14.81M $146.04M $85.17M $86.08M -$78.44M -$93.87M -$58.2M -$18.18M -$56.31M -$58.63M -$406K -$114.03M
— 2.5% 1.42% 14.22% 9.6% 10.48% -18.87% -15.56% -3.57% -1.17% -4.27% -5.26% -0.04% -12.48%
— $32.05M $18.03M $149.2M $88.75M $91.12M -$72.87M -$504K $61M $104.31M $51.08M $43.85M $108.35M -$22.32M
— $21.09M $21.65M $27.59M $22.88M $11.74M $10.56M $4.46M $4.97M $3.49M $4.19M $2.03M $2.5M $1.53M
— $2.94M $4.03M $2.79M $2.39M $313K $32K $700K $1.19M $901K $11.84M $6.78M $3.06M $1.55M
— -$10.89M -$32.08M -$40.37M $4.75M -$12.15M -$10.88M -$4.18M -$2.45M -$3.11M -$24.88M -$18.36M -$39.84M -$1.21M
-$13.81M — — — — — — — $7.06M -$7.77M -$29.98M -$19.1M -$40.59M -$1.32M
— $17.98M -$17.27M $105.67M $89.92M $73.93M -$89.32M -$98.05M -$60.64M -$21.29M -$81.19M -$76.99M -$40.25M -$115.24M
— $10.22M $5.17M $46.9M $44.29M $25.05M -$73.42M $20.59M -$12.62M -$59.39M -$4.4M $297K $436K $1.7M
— $7.76M -$22.44M $58.77M $47.79M $51.13M -$13.95M -$182.39M $11.43M $141.59M -$72.72M -$77.29M -$40.68M -$116.93M
— 0.67% -2.16% 5.72% 5.39% 6.23% -3.36% -30.23% 0.7% 9.08% -5.52% -6.93% -3.8% -12.8%
— $7.74M -$22.46M $58.77M $45.75M $51.13M -$13.95M — — — — — — —
— $7.74M -$22.38M $58.83M $47.97M $51.97M -$13.84M -$186.52M $5.85M $126.95M -$64.23M -$85.58M -$44.88M -$127.73M
USD/shares — $0.24 -$0.70 $1.84 $1.43 $1.59 -$0.44 -$5.74 $0.36 $4.51 -$2.30 -$2.35 -$1.23 -$3.53
USD/shares — $0.24 -$0.70 $1.84 $1.42 $1.58 -$0.44 -$5.74 $0.36 $4.47 -$2.30 -$2.35 -$1.23 -$3.53
shares — 32.08M 31.99M 31.89M 31.99M 32.2M 32.04M 31.79M 31.56M 31.39M 31.68M 32.87M 33.1M 33.1M
shares — 32.21M 31.99M 32M 32.13M 32.41M 32.04M 31.79M 31.74M 31.67M 31.68M 32.87M 33.1M 33.1M
Italic rows are computed from reported lines — open a row's info icon for its formula. Values reflect the latest filing (restatements included); per-share figures on today's split basis. Click a value for its source filing. TTM: trailing twelve months through the latest reported quarter — flows sum the last four quarters, balances take the latest. 3Y/5Y/10Y columns are trailing CAGR from the newest fiscal year; blank where an endpoint is missing or negative.

Capital Returned to Shareholders

Cash spent on share repurchases and dividends per fiscal year, as reported on the cash-flow statement. Across FY2016–FY2026: $265.53M in buybacks, $172.73M in dividends.

Debt Profile

Reported borrowing balances, repayment dates and agreement terms, with links to the underlying filings.

Read debt and covenant terms in your AI or your code through MCP and the API →

Reported debt balances

Each amount keeps its reported scope. Related balance-sheet measures appear under the borrowing they describe.

Reported balanceAs ofAmountSource
Noncurrent debt carrying amount 2026-06-30 USD 242,000,000 10-K filed 2026-08-13
Operating lease liabilities 2026-06-30 USD 901,809,000 10-K filed 2026-08-13
Related accounting measures — not additional borrowing

Carrying amounts can reflect issuance costs or discounts. Differences between these measures are not necessarily repayments due within a year.

Current operating lease liabilities
USD 57,834,000
Noncurrent operating lease liabilities
USD 843,975,000
Short-term borrowings 2026-06-30 USD 16,500,000 10-K filed 2026-08-13
2 filing observations remain unmatched and are excluded from instrument histories.
Instrument and agreement coverage is incomplete. Additional filings are awaiting review.
2 filings have incomplete source or extraction coverage. Verified observations are shown; missing observations do not establish that debt was unchanged.

Covenants

Covenant terms have not yet been verified for this profile.

The balance figures do not establish whether covenants apply or whether the company complies with them.

Loans, facilities and notes

Knicks DDTL Facility

TermLoan · MSG NYK Holdings, LLC

Reference: Knicks DDTL Facility

Active
Outstanding
—
Commitment
—
Availability
—
Maturity
Oct 17, 2021

Reported commitment: USD 110,000,000 Reported 2020-04-23 Disclosed facility capacity; the amount drawn and capacity available today are not established.

Last reported interest terms: Borrowings under the DDTL Facilities will bear interest at a variable rate equal to either, at the election of the applicable borrower, (i) LIBOR plus 2.00% per annum or (ii) a base rate plus 1.00% per annum. Reported 2020-04-23 Later filings may not restate these terms; this does not confirm they still apply.

Covenant terms for this agreement are not yet verified.

Documents and filing history
  1. Issuance · 2020-04-17 Commitment USD 110,000,000 Exact source document Parent 8-K filing · 2020-04-23
    On April 17, 2020, MSG NYR Holdings, LLC and MSG NYK Holdings, LLC, two indirect wholly-owned subsidiaries of the Registrant, each entered into a separate delayed draw term loan credit agreement with MSG Entertainment Group, LLC, a wholly-owned subsidiary of MSG Entertainment, as lender (the “DDTL Lender”). The credit agreement for MSG NYK Holdings, LLC (the “Knicks DDTL Facility Borrower”) provides for a $110 million senior unsecured delayed draw term loan facility (the “Knicks DDTL Facility”) and the credit agreement for MSG NYR Holdings, LLC (the “Rangers DDTL Facility Borrower”) provides for a $90 million senior unsecured delayed draw term loan facility (the “Rangers DDTL Facility” and, together with the Knicks DDTL Facility, the “DDTL Facilities”).
    Issuer evidence: On April 17, 2020, MSG NYR Holdings, LLC and MSG NYK Holdings, LLC, two indirect wholly-owned subsidiaries of the Registrant, each entered into a separate delayed draw term loan credit agreement with MSG Entertainment Group, LLC, a wholly-owned subsidiary of MSG Entertainment, as lender (the “DDTL Lender”). The credit agreement for MSG NYK Holdings, LLC (the “Knicks DDTL Facility Borrower”) provides for a $110 million senior unsecured delayed draw term loan facility (the “Knicks DDTL Facility”) and the credit agreement for MSG NYR Holdings, LLC (the “Rangers DDTL Facility Borrower”) provides for a $90 million senior unsecured delayed draw term loan facility (the “Rangers DDTL Facility” and, together with the Knicks DDTL Facility, the “DDTL Facilities”).
    Supporting evidence: The DDTL Facilities will mature and any unused commitments thereunder will expire on October 17, 2021. Borrowings under the DDTL Facilities will bear interest at a variable rate equal to either, at the election of the applicable borrower, (i) LIBOR plus 2.00% per annum or (ii) a base rate plus 1.00% per annum. Subject to the borrowing conditions, each of the DDTL Facilities may be drawn in up to four separate borrowings of $10 million or more. Proceeds of borrowings under the DDTL Facilities will be used for general corporate purposes.
    Supporting evidence: On April 17, 2020, MSG NYR Holdings, LLC and MSG NYK Holdings, LLC, two indirect wholly-owned subsidiaries of the Registrant, each entered into a separate delayed draw term loan credit agreement with MSG Entertainment Group, LLC, a wholly-owned subsidiary of MSG Entertainment, as lender (the “DDTL Lender”). The credit agreement for MSG NYK Holdings, LLC (the “Knicks DDTL Facility Borrower”) provides for a $110 million senior unsecured delayed draw term loan facility (the “Knicks DDTL Facility”) and the credit agreement for MSG NYR Holdings, LLC (the “Rangers DDTL Facility Borrower”) provides for a $90 million senior unsecured delayed draw term loan facility (the “Rangers DDTL Facility” and, together with the Knicks DDTL Facility, the “DDTL Facilities”).
    Supporting evidence: On April 17, 2020, MSG NYR Holdings, LLC and MSG NYK Holdings, LLC, two indirect wholly-owned subsidiaries of the Registrant, each entered into a separate delayed draw term loan credit agreement with MSG Entertainment Group, LLC, a wholly-owned subsidiary of MSG Entertainment, as lender (the “DDTL Lender”). The credit agreement for MSG NYK Holdings, LLC (the “Knicks DDTL Facility Borrower”) provides for a $110 million senior unsecured delayed draw term loan facility (the “Knicks DDTL Facility”) and the credit agreement for MSG NYR Holdings, LLC (the “Rangers DDTL Facility Borrower”) provides for a $90 million senior unsecured delayed draw term loan facility (the “Rangers DDTL Facility” and, together with the Knicks DDTL Facility, the “DDTL Facilities”).

Rangers DDTL Facility

TermLoan · MSG NYR Holdings, LLC

Reference: Rangers DDTL Facility

Active
Outstanding
—
Commitment
—
Availability
—
Maturity
Oct 17, 2021

Reported commitment: USD 90,000,000 Reported 2020-04-23 Disclosed facility capacity; the amount drawn and capacity available today are not established.

Last reported interest terms: Borrowings under the DDTL Facilities will bear interest at a variable rate equal to either, at the election of the applicable borrower, (i) LIBOR plus 2.00% per annum or (ii) a base rate plus 1.00% per annum. Reported 2020-04-23 Later filings may not restate these terms; this does not confirm they still apply.

Covenant terms for this agreement are not yet verified.

Documents and filing history
  1. Issuance · 2020-04-17 Commitment USD 90,000,000 Exact source document Parent 8-K filing · 2020-04-23
    On April 17, 2020, MSG NYR Holdings, LLC and MSG NYK Holdings, LLC, two indirect wholly-owned subsidiaries of the Registrant, each entered into a separate delayed draw term loan credit agreement with MSG Entertainment Group, LLC, a wholly-owned subsidiary of MSG Entertainment, as lender (the “DDTL Lender”). The credit agreement for MSG NYK Holdings, LLC (the “Knicks DDTL Facility Borrower”) provides for a $110 million senior unsecured delayed draw term loan facility (the “Knicks DDTL Facility”) and the credit agreement for MSG NYR Holdings, LLC (the “Rangers DDTL Facility Borrower”) provides for a $90 million senior unsecured delayed draw term loan facility (the “Rangers DDTL Facility” and, together with the Knicks DDTL Facility, the “DDTL Facilities”).
    Issuer evidence: On April 17, 2020, MSG NYR Holdings, LLC and MSG NYK Holdings, LLC, two indirect wholly-owned subsidiaries of the Registrant, each entered into a separate delayed draw term loan credit agreement with MSG Entertainment Group, LLC, a wholly-owned subsidiary of MSG Entertainment, as lender (the “DDTL Lender”). The credit agreement for MSG NYK Holdings, LLC (the “Knicks DDTL Facility Borrower”) provides for a $110 million senior unsecured delayed draw term loan facility (the “Knicks DDTL Facility”) and the credit agreement for MSG NYR Holdings, LLC (the “Rangers DDTL Facility Borrower”) provides for a $90 million senior unsecured delayed draw term loan facility (the “Rangers DDTL Facility” and, together with the Knicks DDTL Facility, the “DDTL Facilities”).
    Supporting evidence: The DDTL Facilities will mature and any unused commitments thereunder will expire on October 17, 2021. Borrowings under the DDTL Facilities will bear interest at a variable rate equal to either, at the election of the applicable borrower, (i) LIBOR plus 2.00% per annum or (ii) a base rate plus 1.00% per annum. Subject to the borrowing conditions, each of the DDTL Facilities may be drawn in up to four separate borrowings of $10 million or more. Proceeds of borrowings under the DDTL Facilities will be used for general corporate purposes.
    Supporting evidence: On April 17, 2020, MSG NYR Holdings, LLC and MSG NYK Holdings, LLC, two indirect wholly-owned subsidiaries of the Registrant, each entered into a separate delayed draw term loan credit agreement with MSG Entertainment Group, LLC, a wholly-owned subsidiary of MSG Entertainment, as lender (the “DDTL Lender”). The credit agreement for MSG NYK Holdings, LLC (the “Knicks DDTL Facility Borrower”) provides for a $110 million senior unsecured delayed draw term loan facility (the “Knicks DDTL Facility”) and the credit agreement for MSG NYR Holdings, LLC (the “Rangers DDTL Facility Borrower”) provides for a $90 million senior unsecured delayed draw term loan facility (the “Rangers DDTL Facility” and, together with the Knicks DDTL Facility, the “DDTL Facilities”).
    Supporting evidence: On April 17, 2020, MSG NYR Holdings, LLC and MSG NYK Holdings, LLC, two indirect wholly-owned subsidiaries of the Registrant, each entered into a separate delayed draw term loan credit agreement with MSG Entertainment Group, LLC, a wholly-owned subsidiary of MSG Entertainment, as lender (the “DDTL Lender”). The credit agreement for MSG NYK Holdings, LLC (the “Knicks DDTL Facility Borrower”) provides for a $110 million senior unsecured delayed draw term loan facility (the “Knicks DDTL Facility”) and the credit agreement for MSG NYR Holdings, LLC (the “Rangers DDTL Facility Borrower”) provides for a $90 million senior unsecured delayed draw term loan facility (the “Rangers DDTL Facility” and, together with the Knicks DDTL Facility, the “DDTL Facilities”).

Price & Valuation

Multiples computed on the strict TTM/EV methodology — today's snapshot against peers, and each ratio recomputed as of past filing dates.

Valuation

EV/Revenue
8.75×
Peer median 2.90×
EV/EBIT
349.87×
Peer median 28.81×
P/E (TTM)
1,298.53×
Peer median 43.24×

Peer medians compare against the 17 similar-size Entertainment companies (of 47 listed).

Revenue Breakdown

Annual revenue as the company disaggregates it in its own XBRL filings. Years a component wasn't reported show a dash.

Share mode is each component's slice of the reported components that year — issuers rarely tag every revenue dollar, so slices need not sum to total revenue.

By Segment (USD)

Component FY2026 FY2025 FY2024 FY2023
Single Operating Segment $1,153,822,000 $1,039,220,000 $1,027,149,000 $887,447,000

By Product & Service (USD)

Component FY2026 FY2025 FY2024 FY2023 FY2022 FY2021 FY2020 FY2019
Event Related $536,546,000 $462,533,000 $458,213,000 $362,527,000 $331,807,000 $28,511,000 $235,605,000 $283,206,000
Media Rights $295,740,000 $285,566,000 $297,756,000 $288,965,000 $275,637,000 $285,059,000 $190,824,000 $239,140,000
Sponsorship, Signage and Suite Licenses $255,349,000 $230,184,000 $210,742,000 $196,483,000 $172,813,000 $52,931,000 $139,414,000 $174,405,000
League Distribution $66,187,000 $60,937,000 $60,438,000 $39,472,000 $41,097,000 $49,220,000 $37,476,000 $32,653,000
Key facts CIK 1636519 13F (30d) 123 filings 118 filers Visit website Investor relations