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Side-by-side financial comparison of Madison Square Garden Sports Corp. (MSGS) and PROSPERITY BANCSHARES INC (PB). Click either name above to swap in a different company.

Madison Square Garden Sports Corp. is the larger business by last-quarter revenue ($403.4M vs $367.6M, roughly 1.1× PROSPERITY BANCSHARES INC). PROSPERITY BANCSHARES INC runs the higher net margin — 31.6% vs 2.0%, a 29.6% gap on every dollar of revenue. Over the past eight quarters, PROSPERITY BANCSHARES INC's revenue compounded faster (19.2% CAGR vs -3.1%).

Madison Square Garden Sports Corp. is an American sports holding company based in New York City.

Prosperity Bancshares, Inc. is a bank holding company headquartered in Houston, Texas with operations in Texas and central Oklahoma. As of December 31, 2019, the company operated 285 branches: 65 in the Houston area, including The Woodlands, Texas; 30 in South Texas, including Corpus Christi, Texas and Victoria, Texas; 75 in the Dallas–Fort Worth metroplex; 22 in East Texas; 29 in Central Texas, including Austin, Texas and San Antonio; 34 in West Texas, including Lubbock, Texas, Midland–Odess...

MSGS vs PB — Head-to-Head

Bigger by revenue
MSGS
MSGS
1.1× larger
MSGS
$403.4M
$367.6M
PB
Higher net margin
PB
PB
29.6% more per $
PB
31.6%
2.0%
MSGS
Faster 2-yr revenue CAGR
PB
PB
Annualised
PB
19.2%
-3.1%
MSGS

Income Statement — Q2 FY2026 vs Q1 FY2026

Metric
MSGS
MSGS
PB
PB
Revenue
$403.4M
$367.6M
Net Profit
$8.2M
$116.3M
Gross Margin
Operating Margin
5.5%
Net Margin
2.0%
31.6%
Revenue YoY
12.8%
Net Profit YoY
641.9%
-10.7%
EPS (diluted)
$0.34
$1.16

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
MSGS
MSGS
PB
PB
Q1 26
$367.6M
Q4 25
$403.4M
$275.0M
Q3 25
$39.5M
$273.4M
Q2 25
$204.0M
$267.7M
Q1 25
$424.2M
$265.4M
Q4 24
$357.8M
$267.8M
Q3 24
$53.3M
$261.7M
Q2 24
$227.3M
$258.8M
Net Profit
MSGS
MSGS
PB
PB
Q1 26
$116.3M
Q4 25
$8.2M
$139.9M
Q3 25
$-8.8M
$137.6M
Q2 25
$-1.8M
$135.2M
Q1 25
$-14.2M
$130.2M
Q4 24
$1.1M
$130.1M
Q3 24
$-7.5M
$127.3M
Q2 24
$25.5M
$111.6M
Operating Margin
MSGS
MSGS
PB
PB
Q1 26
Q4 25
5.5%
65.1%
Q3 25
-69.5%
64.4%
Q2 25
-11.1%
64.3%
Q1 25
7.6%
62.7%
Q4 24
3.7%
62.0%
Q3 24
-15.5%
62.1%
Q2 24
23.0%
55.2%
Net Margin
MSGS
MSGS
PB
PB
Q1 26
31.6%
Q4 25
2.0%
50.9%
Q3 25
-22.3%
50.3%
Q2 25
-0.9%
50.5%
Q1 25
-3.4%
49.1%
Q4 24
0.3%
48.6%
Q3 24
-14.1%
48.6%
Q2 24
11.2%
43.1%
EPS (diluted)
MSGS
MSGS
PB
PB
Q1 26
$1.16
Q4 25
$0.34
$1.48
Q3 25
$-0.37
$1.45
Q2 25
$-0.08
$1.42
Q1 25
$-0.59
$1.37
Q4 24
$0.05
$1.36
Q3 24
$-0.31
$1.34
Q2 24
$1.07
$1.17

Balance Sheet & Financial Strength

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

Metric
MSGS
MSGS
PB
PB
Cash + ST InvestmentsLiquidity on hand
$81.3M
Total DebtLower is stronger
Stockholders' EquityBook value
$-282.1M
$8.2B
Total Assets
$1.5B
$43.6B
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
MSGS
MSGS
PB
PB
Q1 26
Q4 25
$81.3M
Q3 25
$48.6M
Q2 25
$144.6M
Q1 25
$96.5M
Q4 24
$107.8M
Q3 24
$52.3M
Q2 24
$89.1M
Stockholders' Equity
MSGS
MSGS
PB
PB
Q1 26
$8.2B
Q4 25
$-282.1M
$7.6B
Q3 25
$-294.2M
$7.7B
Q2 25
$-281.4M
$7.6B
Q1 25
$-283.4M
$7.5B
Q4 24
$-273.1M
$7.4B
Q3 24
$-277.5M
$7.4B
Q2 24
$-266.3M
$7.3B
Total Assets
MSGS
MSGS
PB
PB
Q1 26
$43.6B
Q4 25
$1.5B
$38.5B
Q3 25
$1.5B
$38.3B
Q2 25
$1.5B
$38.4B
Q1 25
$1.5B
$38.8B
Q4 24
$1.4B
$39.6B
Q3 24
$1.4B
$40.1B
Q2 24
$1.3B
$39.8B

Cash Flow & Capital Efficiency

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

Metric
MSGS
MSGS
PB
PB
Operating Cash FlowLast quarter
$32.4M
Free Cash FlowOCF − Capex
$31.6M
FCF MarginFCF / Revenue
7.8%
Capex IntensityCapex / Revenue
0.2%
Cash ConversionOCF / Net Profit
3.94×
TTM Free Cash FlowTrailing 4 quarters
$-480.0K

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
MSGS
MSGS
PB
PB
Q1 26
Q4 25
$32.4M
$78.3M
Q3 25
$-85.0M
$194.8M
Q2 25
$49.7M
$98.2M
Q1 25
$6.3M
$178.2M
Q4 24
$61.8M
$-205.8M
Q3 24
$-26.2M
$274.6M
Q2 24
$108.4M
$216.5M
Free Cash Flow
MSGS
MSGS
PB
PB
Q1 26
Q4 25
$31.6M
$68.5M
Q3 25
$-85.3M
$185.7M
Q2 25
$49.4M
$91.8M
Q1 25
$3.9M
$171.1M
Q4 24
$61.2M
$-210.7M
Q3 24
$-26.5M
$270.2M
Q2 24
$108.0M
$211.8M
FCF Margin
MSGS
MSGS
PB
PB
Q1 26
Q4 25
7.8%
24.9%
Q3 25
-216.3%
67.9%
Q2 25
24.2%
34.3%
Q1 25
0.9%
64.5%
Q4 24
17.1%
-78.7%
Q3 24
-49.7%
103.3%
Q2 24
47.5%
81.8%
Capex Intensity
MSGS
MSGS
PB
PB
Q1 26
Q4 25
0.2%
3.6%
Q3 25
0.9%
3.3%
Q2 25
0.2%
2.4%
Q1 25
0.6%
2.7%
Q4 24
0.1%
1.8%
Q3 24
0.7%
1.7%
Q2 24
0.2%
1.8%
Cash Conversion
MSGS
MSGS
PB
PB
Q1 26
Q4 25
3.94×
0.56×
Q3 25
1.42×
Q2 25
0.73×
Q1 25
1.37×
Q4 24
55.61×
-1.58×
Q3 24
2.16×
Q2 24
4.25×
1.94×

Financial Flow Comparison

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

Revenue Breakdown by Segment

MSGS
MSGS

Event Related$167.2M41%
Media Rights$122.3M30%
Sponsorship Signage And Suite Licenses$98.5M24%
League Distribution$15.4M4%

PB
PB

Net Interest Income$321.1M87%
Noninterest Income$46.5M13%

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