MADISON SQUARE GARDEN SPORTS CORP. (MSGS) Return on equity 2017–2019
MADISON SQUARE GARDEN SPORTS CORP. (MSGS) return on equity by fiscal year — reported net income divided by year-end shareholders’ equity.
0.4%FY2019 · since FY2017: -3.0% → 0.4%
| Fiscal year | Value | YoY |
|---|---|---|
| FY2019 | 0.4% | -5.1 pp |
| FY2018 | 5.6% | +8.6 pp |
| FY2017 | -3.0% | — |
ROE = reported net income ÷ reported year-end shareholders’ equity for the same fiscal year. Heavy buybacks shrink equity and can push ROE very high (or negative-equity years drop out).
Source: SEC XBRL filings · For reference only · Not investment advice