Madison Square Competitors

MSGS Stock  USD 310.31  3.00  0.98%   
The company conducts business in the Entertainment sector. The peer set for Madison Square Garden commonly includes Nexstar Broadcasting, Globalstar Common, WPP PLC, Turkcell Iletisim, and Sirius XM. Madison Square's earnings quality stands out when measured against peer accrual ratios and cash conversion.

Correlation: Madison Square vs Sphere Entertainment Snapshot

Very poor diversification
The correlation between Madison Square and Sphere Entertainment is 0.87, which Macroaxis classifies as Very poor diversification for the selected horizon. A 0.87 reading means Madison Square and Sphere Entertainment have substantial price overlap, limiting diversification benefit.

Moving against Madison Stock

  0.86AMC AMC EntertainmentPairCorr
  0.81AIM Ai Media TechnologiesPairCorr
  0.81MYPS PlaystudiosPairCorr
  0.8IB5A i CABLE CommunicationsPairCorr
  0.778MN LINMON MEDIA LTDPairCorr
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Mean reversion is the tendency of Madison Square's price to return to its historical average after periods of extreme deviation. Some analysts monitor this tendency by comparing Madison Square's price extremes to fundamental value.
Hype
Prediction
LowEstimatedHigh
307.68310.31312.94
Details
Intrinsic
Valuation
LowRealHigh
279.28358.55361.18
Details
Naive
Forecast
LowNextHigh
294.47297.10299.73
Details
Analyst
Consensus
LowTargetHigh
317.23348.60386.95
Details
Competitive analysis for Madison Square compares its financial performance and valuation against sector peers. This relative perspective often changes investment conclusions drawn from standalone analysis.

Madison Square Competition Correlation Matrix

Studying peer correlation around Madison Square Garden gives investors a cleaner read on how much independent price behavior still exists across the competitive set. This matrix is most informative when investors want to know whether adding another peer would improve diversification, increase crowding, or leave total risk largely unchanged.

High positive correlations

SPHRBATRA
BATRANXST
SPHRNXST
MANUTKC
ADTKC
ADMANU
  

High negative correlations

BATRAWPP
WPPNXST
SIRIWPP
SPHRWPP
ADWPP
TKCWPP

Risk-Adjusted Indicators

Headline performance for Madison Stock may not fully reflect how the business compares across its competitive set. Peer-relative risk metrics add context on drawdown behavior, consistency, and return quality. These indicators are quantitative in nature and help investors evaluate volatility and risk-adjusted expected returns across different positions.

Peer Comparison: Net Income

Net income is one of the most important fundamental items in finance. It plays a large role in Madison Square Garden financial statement analysis. It represents the amount of money remaining after all of Madison Square Garden operating expenses, interest, taxes and preferred stock dividends have been deducted from a company total revenue.
Compare Madison Square Garden and related stocks such as Nexstar Broadcasting, Globalstar Common Stock, and WPP PLC ADR Net Income Over Time
Select Fundamental
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Return On Equity
20102011201220132014201520162017201820192020202120222023202420252026
NXST-47.6 M-11.9 M182.5 M-1.8 M64.5 M77.7 M91.5 M475 M389.5 M230.3 M811.5 M834 M971 M346 M722 M109 M196.2 M
GSAT-575.5 M-54.9 M-112.2 M-591.1 M-462.9 M72.3 M-132.6 M-89.1 M-6.5 M15.3 M-109.6 M-112.6 M-256.9 M-24.7 M-63.2 M-8.7 M-9.1 M
WPP6.4 M840.1 M822.7 M936.5 M1.1 B1.2 B1.4 BB824.6 M844.1 M-3 B637.7 M682.7 M110.4 M542 M-215 M-204.2 M
TKC492.5 M1.4 B2.1 B2.6 B1.6 B2.1 B1.5 BBB3.2 B4.5 B7.1 B9.9 B12.6 B23.5 B19.1 B20.1 B
SIRI-2.8 M427 M3.5 B377.2 M493.2 M509.7 M745.9 M648 M1.2 B914 M131 M1.3 B1.2 B1.3 B-1.7 B805 M845.2 M
MANU0.023.3 M150 M22.7 M-901.8 K40.4 M38.4 M-38.5 M19.3 M-23.5 M-89.8 M-126.5 M-27.2 M-112.5 M-31.1 M-28 M-26.6 M
QMMM1.1 M1.1 M1.1 M1.1 M1.1 M1.1 M1.1 M1.1 M1.1 M1.1 M1.1 M800.6 K-1.3 M-1.6 M-1.6 M-1.4 M-1.4 M
AD-43 M-43 M-43 M-43 M-43 M241 M48 M12 M150 M127 M229 M155 M30 M54 M-39 M290.9 M305.5 M
BATRA-2 M-2 M-2 M8.8 B-24 M184 M-62 M-25 MM-77 M-78 M-13 M-34.2 M-125.3 M-31.3 M-23.4 M-22.2 M
SPHR-77.3 M-77.3 M-77.3 M-77.3 M-77.3 M-77.3 M-108.5 M6.9 M-8.2 M181.7 M-148.2 M-194.4 M502.8 M-200.6 M-200.6 M-180.6 M-171.6 M

Madison Square Competitive Analysis

To gauge Madison Square's financial strength, comparing it with Nexstar Broadcasting, Globalstar Common, and WPP PLC offers useful context. Madison Square is valued at 7.40 B and generates 1.04 B in revenue. With a -12.29% return on equity and -1.55% net margin, Madison Square faces a more difficult earnings environment than some peers. Earnings multiples split the pair: 74.09x for Madison Square against 10.03x for Nexstar Broadcasting. Globalstar Common leads with -2.42% return on equity versus -12.29% for Madison Square. Revenue tilts toward WPP PLC at 13.55 B compared with 1.04 B.
    
 Better Than Average     
    
 Worse Than Peers    View Performance Chart
MSGS NXST GSAT WPP TKC SIRI MANU QMMM AD BATRA
 0.98 
310.31
Madison
 1.51 
230.24
Nexstar
 3.18 
60.60
Globalstar
 1.46 
15.33
WPP
 1.15 
6.14
Turkcell
 2.18 
22.47
Sirius
 2.41 
16.60
Manchester
 0.00 
119.40
QMMM
 2.95 
46.76
Array
 0.98 
46.48
Atlanta
Market Volatility
(90 Days Market Risk)
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(90 Days Performance)
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(Probability Of Bankruptcy)
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Madison Square Competition Peer Performance Charts

How to Analyze Madison Square Against Peers

Madison Square's peer analysis compares Madison Square with related companies to put valuation, quality, and risk metrics in context. This helps determine whether recent performance is company-specific or broadly sector-driven. A practical workflow includes:
  • Set a relevant peer group: Include direct competitors and close alternatives with comparable business exposure.
  • Benchmark core financials: Compare profitability, growth, capital structure, and cash flow quality.
  • Check valuation dispersion: Review whether Madison Square trades at a premium or discount versus peers and why.
  • Evaluate risk profile: Compare volatility, drawdowns, and correlation to avoid false diversification assumptions.
  • Document the thesis: Record where Madison Square leads or lags and what catalysts could close or widen the gap.
Use this as an educational baseline, then validate conclusions with current filings, market conditions, and portfolio objectives.

Peer Comparison Metrics & Methodology

Madison Square generates higher gross margins than most of its direct competitors, which points to pricing power or a leaner cost base. Comparing mid-cap peers in Movies & Entertainment, Media & Entertainment, Communication Services can help separate structural strengths from temporary momentum. For peer comparison, Madison Square has a market cap of 7.4 B, P/E of 74.09, profit margin of -1.55%.

This section for Madison Square Garden is built from periodic company reporting and market reference feeds, with reporting definitions aligned before display. Values may update on different source schedules.

This content is curated and reviewed by:

Rifka Kats - Member of Macroaxis Editorial Board
Last reviewed on March 20th, 2026