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Side-by-side financial comparison of EDGEWELL PERSONAL CARE Co (EPC) 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 $422.8M, roughly 1.0× EDGEWELL PERSONAL CARE Co). Madison Square Garden Entertainment Corp. runs the higher net margin — 21.8% vs -15.5%, a 37.4% gap on every dollar of revenue. On growth, Madison Square Garden Entertainment Corp. posted the faster year-over-year revenue change (12.5% vs -11.6%). Over the past eight quarters, Madison Square Garden Entertainment Corp.'s revenue compounded faster (48.9% CAGR vs -16.0%).

The Edgewell Personal Care Company is an American multinational consumer products company headquartered in Shelton, Connecticut. It was formed in 2015 following the corporate spin-off from Energizer Holdings, Inc..

EPC vs MSGE — Head-to-Head

Bigger by revenue
MSGE
MSGE
1.0× larger
MSGE
$424.8M
$422.8M
EPC
Growing faster (revenue YoY)
MSGE
MSGE
+24.1% gap
MSGE
12.5%
-11.6%
EPC
Higher net margin
MSGE
MSGE
37.4% more per $
MSGE
21.8%
-15.5%
EPC
Faster 2-yr revenue CAGR
MSGE
MSGE
Annualised
MSGE
48.9%
-16.0%
EPC

Income Statement — Q1 FY2026 vs Q2 FY2026

Metric
EPC
EPC
MSGE
MSGE
Revenue
$422.8M
$424.8M
Net Profit
$-65.7M
$92.7M
Gross Margin
38.1%
Operating Margin
-4.5%
38.6%
Net Margin
-15.5%
21.8%
Revenue YoY
-11.6%
12.5%
Net Profit YoY
-3028.6%
22.2%
EPS (diluted)
$-1.41
$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.

Revenue
EPC
EPC
MSGE
MSGE
Q4 25
$422.8M
$424.8M
Q3 25
$600.5M
$154.1M
Q2 25
$627.2M
$145.1M
Q1 25
$580.7M
$206.0M
Q4 24
$415.1M
$377.6M
Q3 24
$517.6M
$134.1M
Q2 24
$647.8M
$177.6M
Q1 24
$599.4M
$191.6M
Net Profit
EPC
EPC
MSGE
MSGE
Q4 25
$-65.7M
$92.7M
Q3 25
$-30.6M
$-21.7M
Q2 25
$29.1M
$-27.2M
Q1 25
$29.0M
$8.0M
Q4 24
$-2.1M
$75.9M
Q3 24
$8.8M
$-19.3M
Q2 24
$49.0M
$66.9M
Q1 24
$36.0M
$2.8M
Gross Margin
EPC
EPC
MSGE
MSGE
Q4 25
38.1%
Q3 25
37.9%
Q2 25
42.8%
Q1 25
44.1%
Q4 24
41.6%
Q3 24
41.1%
Q2 24
44.3%
Q1 24
43.1%
Operating Margin
EPC
EPC
MSGE
MSGE
Q4 25
-4.5%
38.6%
Q3 25
-4.2%
-19.3%
Q2 25
8.6%
-17.7%
Q1 25
10.1%
13.3%
Q4 24
2.2%
36.8%
Q3 24
3.9%
-13.8%
Q2 24
12.8%
-5.0%
Q1 24
11.7%
8.8%
Net Margin
EPC
EPC
MSGE
MSGE
Q4 25
-15.5%
21.8%
Q3 25
-5.1%
-14.0%
Q2 25
4.6%
-18.7%
Q1 25
5.0%
3.9%
Q4 24
-0.5%
20.1%
Q3 24
1.7%
-14.4%
Q2 24
7.6%
37.7%
Q1 24
6.0%
1.5%
EPS (diluted)
EPC
EPC
MSGE
MSGE
Q4 25
$-1.41
$1.94
Q3 25
$-0.65
$-0.46
Q2 25
$0.62
$-0.56
Q1 25
$0.60
$0.17
Q4 24
$-0.04
$1.56
Q3 24
$0.18
$-0.40
Q2 24
$0.98
$1.32
Q1 24
$0.72
$0.06

Balance Sheet & Financial Strength

Snapshot of each company's liquidity, leverage and book value from the latest quarter.

Metric
EPC
EPC
MSGE
MSGE
Cash + ST InvestmentsLiquidity on hand
$157.1M
Total DebtLower is stronger
$1.5B
$554.6M
Stockholders' EquityBook value
$1.5B
$36.0M
Total Assets
$3.8B
$1.8B
Debt / EquityLower = less leverage
1.03×
15.40×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
EPC
EPC
MSGE
MSGE
Q4 25
$157.1M
Q3 25
$29.9M
Q2 25
$43.0M
Q1 25
$89.0M
Q4 24
$54.9M
Q3 24
$209.1M
$37.3M
Q2 24
$33.3M
Q1 24
$28.0M
Total Debt
EPC
EPC
MSGE
MSGE
Q4 25
$1.5B
$554.6M
Q3 25
$1.4B
$581.7M
Q2 25
$1.4B
$568.8M
Q1 25
$1.4B
$577.4M
Q4 24
$1.4B
$584.7M
Q3 24
$1.3B
$647.0M
Q2 24
$1.3B
$599.2M
Q1 24
$1.4B
$602.5M
Stockholders' Equity
EPC
EPC
MSGE
MSGE
Q4 25
$1.5B
$36.0M
Q3 25
$1.6B
$-65.8M
Q2 25
$1.6B
$-13.3M
Q1 25
$1.5B
$9.5M
Q4 24
$1.5B
$10.3M
Q3 24
$1.6B
$-48.7M
Q2 24
$1.6B
$-23.2M
Q1 24
$1.6B
$-94.6M
Total Assets
EPC
EPC
MSGE
MSGE
Q4 25
$3.8B
$1.8B
Q3 25
$3.8B
$1.7B
Q2 25
$3.8B
$1.7B
Q1 25
$3.8B
$1.7B
Q4 24
$3.7B
$1.6B
Q3 24
$3.7B
$1.6B
Q2 24
$3.7B
$1.6B
Q1 24
$3.8B
$1.5B
Debt / Equity
EPC
EPC
MSGE
MSGE
Q4 25
1.03×
15.40×
Q3 25
0.89×
Q2 25
0.88×
Q1 25
0.95×
60.61×
Q4 24
0.97×
56.61×
Q3 24
0.81×
Q2 24
0.82×
Q1 24
0.88×

Cash Flow & Capital Efficiency

How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.

Metric
EPC
EPC
MSGE
MSGE
Operating Cash FlowLast quarter
$-125.9M
$164.4M
Free Cash FlowOCF − Capex
$-137.5M
FCF MarginFCF / Revenue
-32.5%
Capex IntensityCapex / Revenue
2.7%
Cash ConversionOCF / Net Profit
1.77×
TTM Free Cash FlowTrailing 4 quarters
$36.3M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
EPC
EPC
MSGE
MSGE
Q4 25
$-125.9M
$164.4M
Q3 25
$74.1M
$19.8M
Q2 25
$114.8M
$-27.0M
Q1 25
$45.1M
$56.8M
Q4 24
$-115.6M
$112.9M
Q3 24
$-388.3M
$-27.4M
Q2 24
$101.2M
$212.0K
Q1 24
$129.0M
$5.8M
Free Cash Flow
EPC
EPC
MSGE
MSGE
Q4 25
$-137.5M
Q3 25
$46.5M
Q2 25
$99.3M
Q1 25
$28.0M
Q4 24
$-132.4M
Q3 24
$-414.2M
Q2 24
$88.6M
Q1 24
$117.5M
FCF Margin
EPC
EPC
MSGE
MSGE
Q4 25
-32.5%
Q3 25
7.7%
Q2 25
15.8%
Q1 25
4.8%
Q4 24
-31.9%
Q3 24
-80.0%
Q2 24
13.7%
Q1 24
19.6%
Capex Intensity
EPC
EPC
MSGE
MSGE
Q4 25
2.7%
Q3 25
4.6%
Q2 25
2.5%
Q1 25
2.9%
Q4 24
4.0%
Q3 24
5.0%
Q2 24
1.9%
Q1 24
1.9%
Cash Conversion
EPC
EPC
MSGE
MSGE
Q4 25
1.77×
Q3 25
Q2 25
3.95×
Q1 25
1.56×
7.07×
Q4 24
1.49×
Q3 24
-44.13×
Q2 24
2.07×
0.00×
Q1 24
3.58×
2.08×

Financial Flow Comparison

Revenue → gross profit → operating profit → net profit for each company.

Revenue Breakdown by Segment

EPC
EPC

Other$242.0M57%
Sunand Skin Care Segment$131.5M31%
Shavinggelsandcreams$32.3M8%
Wipes And Other Skin Care Products$17.0M4%

MSGE
MSGE

Ticketing And Venue License Fee Revenues$263.5M62%
Food Beverage And Merchandise Revenues$64.3M15%
Related Party$43.9M10%
Arena Licensing Fees And Other Leasing Revenue$35.2M8%
Other$15.9M4%

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