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Side-by-side financial comparison of DiamondRock Hospitality Co (DRH) and Madison Square Garden Entertainment Corp. (MSGE). Click either name above to swap in a different company.
Madison Square Garden Entertainment Corp. is the larger business by last-quarter revenue ($424.8M vs $258.2M, roughly 1.6× DiamondRock Hospitality Co). Madison Square Garden Entertainment Corp. runs the higher net margin — 21.8% vs 5.6%, a 16.2% gap on every dollar of revenue. On growth, Madison Square Garden Entertainment Corp. posted the faster year-over-year revenue change (12.5% vs 1.3%). Over the past eight quarters, Madison Square Garden Entertainment Corp.'s revenue compounded faster (48.9% CAGR vs -8.6%).
DiamondRock Hospitality Co is a US-based real estate investment trust owning and operating a portfolio of premium upscale hotels and resorts. Its properties are mainly located in major urban tourist and business hubs nationwide, catering to both leisure and corporate clientele seeking high-quality accommodation services.
Madison Square Garden Sports Corp. is an American sports holding company based in New York City.
DRH vs MSGE — Head-to-Head
Income Statement — Q1 FY2026 vs Q2 FY2026
| Metric | | |
|---|---|---|
| Revenue | $258.2M | $424.8M |
| Net Profit | $14.5M | $92.7M |
| Gross Margin | — | — |
| Operating Margin | 11.1% | 38.6% |
| Net Margin | 5.6% | 21.8% |
| Revenue YoY | 1.3% | 12.5% |
| Net Profit YoY | 22.0% | 22.2% |
| EPS (diluted) | $0.07 | $1.94 |
Green = leading value per metric. Periods may differ when fiscal calendars don't align.
8-Quarter Revenue & Profit Trend
Side-by-side quarterly history. Quarters aligned by calendar period so offset fiscal years line up.
| Q1 26 | $258.2M | — | ||
| Q4 25 | $274.5M | $424.8M | ||
| Q3 25 | $285.4M | $154.1M | ||
| Q2 25 | $305.7M | $145.1M | ||
| Q1 25 | $254.9M | $206.0M | ||
| Q4 24 | $279.1M | $377.6M | ||
| Q3 24 | $285.1M | $134.1M | ||
| Q2 24 | $309.3M | $177.6M |
| Q1 26 | $14.5M | — | ||
| Q4 25 | $26.2M | $92.7M | ||
| Q3 25 | $22.5M | $-21.7M | ||
| Q2 25 | $40.8M | $-27.2M | ||
| Q1 25 | $11.9M | $8.0M | ||
| Q4 24 | $-11.2M | $75.9M | ||
| Q3 24 | $26.4M | $-19.3M | ||
| Q2 24 | $24.5M | $66.9M |
| Q1 26 | 11.1% | — | ||
| Q4 25 | 8.9% | 38.6% | ||
| Q3 25 | 8.1% | -19.3% | ||
| Q2 25 | 13.7% | -17.7% | ||
| Q1 25 | 4.3% | 13.3% | ||
| Q4 24 | -3.7% | 36.8% | ||
| Q3 24 | 9.5% | -13.8% | ||
| Q2 24 | 8.4% | -5.0% |
| Q1 26 | 5.6% | — | ||
| Q4 25 | 9.5% | 21.8% | ||
| Q3 25 | 7.9% | -14.0% | ||
| Q2 25 | 13.4% | -18.7% | ||
| Q1 25 | 4.7% | 3.9% | ||
| Q4 24 | -4.0% | 20.1% | ||
| Q3 24 | 9.3% | -14.4% | ||
| Q2 24 | 7.9% | 37.7% |
| Q1 26 | $0.07 | — | ||
| Q4 25 | $0.12 | $1.94 | ||
| Q3 25 | $0.10 | $-0.46 | ||
| Q2 25 | $0.18 | $-0.56 | ||
| Q1 25 | $0.04 | $0.17 | ||
| Q4 24 | $-0.06 | $1.56 | ||
| Q3 24 | $0.11 | $-0.40 | ||
| Q2 24 | $0.10 | $1.32 |
Balance Sheet & Financial Strength
Snapshot of each company's liquidity, leverage and book value from the latest quarter.
| Metric | | |
|---|---|---|
| Cash + ST InvestmentsLiquidity on hand | $39.3M | $157.1M |
| Total DebtLower is stronger | — | $554.6M |
| Stockholders' EquityBook value | $1.4B | $36.0M |
| Total Assets | $3.0B | $1.8B |
| Debt / EquityLower = less leverage | — | 15.40× |
8-quarter trend — quarters aligned by calendar period.
| Q1 26 | $39.3M | — | ||
| Q4 25 | $68.1M | $157.1M | ||
| Q3 25 | $145.3M | $29.9M | ||
| Q2 25 | $52.4M | $43.0M | ||
| Q1 25 | $100.6M | $89.0M | ||
| Q4 24 | $81.4M | $54.9M | ||
| Q3 24 | $75.3M | $37.3M | ||
| Q2 24 | $125.2M | $33.3M |
| Q1 26 | — | — | ||
| Q4 25 | $1.1B | $554.6M | ||
| Q3 25 | $1.1B | $581.7M | ||
| Q2 25 | $1.0B | $568.8M | ||
| Q1 25 | $1.1B | $577.4M | ||
| Q4 24 | $1.1B | $584.7M | ||
| Q3 24 | $1.1B | $647.0M | ||
| Q2 24 | $1.2B | $599.2M |
| Q1 26 | $1.4B | — | ||
| Q4 25 | $1.4B | $36.0M | ||
| Q3 25 | $1.6B | $-65.8M | ||
| Q2 25 | $1.6B | $-13.3M | ||
| Q1 25 | $1.6B | $9.5M | ||
| Q4 24 | $1.6B | $10.3M | ||
| Q3 24 | $1.6B | $-48.7M | ||
| Q2 24 | $1.6B | $-23.2M |
| Q1 26 | $3.0B | — | ||
| Q4 25 | $3.0B | $1.8B | ||
| Q3 25 | $3.1B | $1.7B | ||
| Q2 25 | $3.1B | $1.7B | ||
| Q1 25 | $3.1B | $1.7B | ||
| Q4 24 | $3.2B | $1.6B | ||
| Q3 24 | $3.2B | $1.6B | ||
| Q2 24 | $3.2B | $1.6B |
| Q1 26 | — | — | ||
| Q4 25 | 0.76× | 15.40× | ||
| Q3 25 | 0.70× | — | ||
| Q2 25 | 0.65× | — | ||
| Q1 25 | 0.70× | 60.61× | ||
| Q4 24 | 0.69× | 56.61× | ||
| Q3 24 | 0.67× | — | ||
| Q2 24 | 0.71× | — |
Cash Flow & Capital Efficiency
How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.
| Metric | | |
|---|---|---|
| Operating Cash FlowLast quarter | — | $164.4M |
| Free Cash FlowOCF − Capex | — | — |
| FCF MarginFCF / Revenue | — | — |
| Capex IntensityCapex / Revenue | — | — |
| Cash ConversionOCF / Net Profit | — | 1.77× |
| TTM Free Cash FlowTrailing 4 quarters | — | — |
8-quarter trend — quarters aligned by calendar period.
| Q1 26 | — | — | ||
| Q4 25 | $67.9M | $164.4M | ||
| Q3 25 | $74.6M | $19.8M | ||
| Q2 25 | $73.6M | $-27.0M | ||
| Q1 25 | $27.6M | $56.8M | ||
| Q4 24 | $75.8M | $112.9M | ||
| Q3 24 | $61.7M | $-27.4M | ||
| Q2 24 | $55.7M | $212.0K |
| Q1 26 | — | — | ||
| Q4 25 | $47.3M | — | ||
| Q3 25 | $54.9M | — | ||
| Q2 25 | $57.9M | — | ||
| Q1 25 | $2.0M | — | ||
| Q4 24 | $52.6M | — | ||
| Q3 24 | $39.0M | — | ||
| Q2 24 | $38.8M | — |
| Q1 26 | — | — | ||
| Q4 25 | 17.2% | — | ||
| Q3 25 | 19.2% | — | ||
| Q2 25 | 18.9% | — | ||
| Q1 25 | 0.8% | — | ||
| Q4 24 | 18.9% | — | ||
| Q3 24 | 13.7% | — | ||
| Q2 24 | 12.5% | — |
| Q1 26 | — | — | ||
| Q4 25 | 7.5% | — | ||
| Q3 25 | 6.9% | — | ||
| Q2 25 | 5.1% | — | ||
| Q1 25 | 10.0% | — | ||
| Q4 24 | 8.3% | — | ||
| Q3 24 | 7.9% | — | ||
| Q2 24 | 5.5% | — |
| Q1 26 | — | — | ||
| Q4 25 | 2.59× | 1.77× | ||
| Q3 25 | 3.31× | — | ||
| Q2 25 | 1.80× | — | ||
| Q1 25 | 2.33× | 7.07× | ||
| Q4 24 | — | 1.49× | ||
| Q3 24 | 2.33× | — | ||
| Q2 24 | 2.27× | 0.00× |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
Revenue Breakdown by Segment
DRH
| Rooms | $164.1M | 64% |
| Food and beverage | $67.2M | 26% |
| Other | $26.9M | 10% |
MSGE
| Ticketing And Venue License Fee Revenues | $263.5M | 62% |
| Food Beverage And Merchandise Revenues | $64.3M | 15% |
| Related Party | $43.9M | 10% |
| Arena Licensing Fees And Other Leasing Revenue | $35.2M | 8% |
| Other | $15.9M | 4% |
