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Side-by-side financial comparison of Madison Square Garden Sports Corp. (MSGS) and RANGE RESOURCES CORP (RRC). Click either name above to swap in a different company.

RANGE RESOURCES CORP is the larger business by last-quarter revenue ($786.9M vs $403.4M, roughly 2.0× Madison Square Garden Sports Corp.). RANGE RESOURCES CORP runs the higher net margin — 22.8% vs 2.0%, a 20.7% gap on every dollar of revenue. On growth, RANGE RESOURCES CORP posted the faster year-over-year revenue change (18.0% vs 12.8%). Over the past eight quarters, RANGE RESOURCES CORP's revenue compounded faster (14.6% CAGR vs -3.1%).

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

Range Resources Corporation is a natural gas exploration and production company, the headquartered is in Fort Worth, Texas. It operates in the Marcellus Formation, where it is the largest land owners.

MSGS vs RRC — Head-to-Head

Bigger by revenue
RRC
RRC
2.0× larger
RRC
$786.9M
$403.4M
MSGS
Growing faster (revenue YoY)
RRC
RRC
+5.2% gap
RRC
18.0%
12.8%
MSGS
Higher net margin
RRC
RRC
20.7% more per $
RRC
22.8%
2.0%
MSGS
Faster 2-yr revenue CAGR
RRC
RRC
Annualised
RRC
14.6%
-3.1%
MSGS

Income Statement — Q2 FY2026 vs Q4 FY2025

Metric
MSGS
MSGS
RRC
RRC
Revenue
$403.4M
$786.9M
Net Profit
$8.2M
$179.1M
Gross Margin
94.5%
Operating Margin
5.5%
Net Margin
2.0%
22.8%
Revenue YoY
12.8%
18.0%
Net Profit YoY
641.9%
88.8%
EPS (diluted)
$0.34
$0.75

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
RRC
RRC
Q4 25
$403.4M
$786.9M
Q3 25
$39.5M
$655.3M
Q2 25
$204.0M
$699.6M
Q1 25
$424.2M
$846.3M
Q4 24
$357.8M
$667.0M
Q3 24
$53.3M
$567.9M
Q2 24
$227.3M
$513.2M
Q1 24
$430.0M
$598.8M
Net Profit
MSGS
MSGS
RRC
RRC
Q4 25
$8.2M
$179.1M
Q3 25
$-8.8M
$144.3M
Q2 25
$-1.8M
$237.6M
Q1 25
$-14.2M
$97.1M
Q4 24
$1.1M
$94.8M
Q3 24
$-7.5M
$50.7M
Q2 24
$25.5M
$28.7M
Q1 24
$37.9M
$92.1M
Gross Margin
MSGS
MSGS
RRC
RRC
Q4 25
94.5%
Q3 25
92.5%
Q2 25
95.0%
Q1 25
93.1%
Q4 24
93.7%
Q3 24
94.3%
Q2 24
93.4%
Q1 24
94.7%
Operating Margin
MSGS
MSGS
RRC
RRC
Q4 25
5.5%
Q3 25
-69.5%
Q2 25
-11.1%
Q1 25
7.6%
Q4 24
3.7%
Q3 24
-15.5%
Q2 24
23.0%
Q1 24
18.5%
Net Margin
MSGS
MSGS
RRC
RRC
Q4 25
2.0%
22.8%
Q3 25
-22.3%
22.0%
Q2 25
-0.9%
34.0%
Q1 25
-3.4%
11.5%
Q4 24
0.3%
14.2%
Q3 24
-14.1%
8.9%
Q2 24
11.2%
5.6%
Q1 24
8.8%
15.4%
EPS (diluted)
MSGS
MSGS
RRC
RRC
Q4 25
$0.34
$0.75
Q3 25
$-0.37
$0.60
Q2 25
$-0.08
$0.99
Q1 25
$-0.59
$0.40
Q4 24
$0.05
$0.38
Q3 24
$-0.31
$0.21
Q2 24
$1.07
$0.12
Q1 24
$1.57
$0.38

Balance Sheet & Financial Strength

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

Metric
MSGS
MSGS
RRC
RRC
Cash + ST InvestmentsLiquidity on hand
$81.3M
$204.0K
Total DebtLower is stronger
$1.2B
Stockholders' EquityBook value
$-282.1M
$4.3B
Total Assets
$1.5B
$7.4B
Debt / EquityLower = less leverage
0.28×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
MSGS
MSGS
RRC
RRC
Q4 25
$81.3M
$204.0K
Q3 25
$48.6M
$175.0K
Q2 25
$144.6M
$134.0K
Q1 25
$96.5M
$344.6M
Q4 24
$107.8M
$304.5M
Q3 24
$52.3M
$277.4M
Q2 24
$89.1M
$251.1M
Q1 24
$40.0M
$343.1M
Total Debt
MSGS
MSGS
RRC
RRC
Q4 25
$1.2B
Q3 25
$1.2B
Q2 25
$1.2B
Q1 25
$1.7B
Q4 24
$1.7B
Q3 24
$1.7B
Q2 24
$1.7B
Q1 24
$1.8B
Stockholders' Equity
MSGS
MSGS
RRC
RRC
Q4 25
$-282.1M
$4.3B
Q3 25
$-294.2M
$4.2B
Q2 25
$-281.4M
$4.1B
Q1 25
$-283.4M
$3.9B
Q4 24
$-273.1M
$3.9B
Q3 24
$-277.5M
$3.9B
Q2 24
$-266.3M
$3.9B
Q1 24
$-294.0M
$3.8B
Total Assets
MSGS
MSGS
RRC
RRC
Q4 25
$1.5B
$7.4B
Q3 25
$1.5B
$7.2B
Q2 25
$1.5B
$7.1B
Q1 25
$1.5B
$7.4B
Q4 24
$1.4B
$7.3B
Q3 24
$1.4B
$7.2B
Q2 24
$1.3B
$7.3B
Q1 24
$1.4B
$7.4B
Debt / Equity
MSGS
MSGS
RRC
RRC
Q4 25
0.28×
Q3 25
0.29×
Q2 25
0.29×
Q1 25
0.43×
Q4 24
0.43×
Q3 24
0.44×
Q2 24
0.44×
Q1 24
0.46×

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
RRC
RRC
Operating Cash FlowLast quarter
$32.4M
$257.5M
Free Cash FlowOCF − Capex
$31.6M
FCF MarginFCF / Revenue
7.8%
Capex IntensityCapex / Revenue
0.2%
Cash ConversionOCF / Net Profit
3.94×
1.44×
TTM Free Cash FlowTrailing 4 quarters
$-480.0K

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
MSGS
MSGS
RRC
RRC
Q4 25
$32.4M
$257.5M
Q3 25
$-85.0M
$247.5M
Q2 25
$49.7M
$336.2M
Q1 25
$6.3M
$330.1M
Q4 24
$61.8M
$217.9M
Q3 24
$-26.2M
$245.9M
Q2 24
$108.4M
$148.8M
Q1 24
$4.0M
$331.9M
Free Cash Flow
MSGS
MSGS
RRC
RRC
Q4 25
$31.6M
Q3 25
$-85.3M
Q2 25
$49.4M
Q1 25
$3.9M
Q4 24
$61.2M
Q3 24
$-26.5M
Q2 24
$108.0M
Q1 24
$3.9M
FCF Margin
MSGS
MSGS
RRC
RRC
Q4 25
7.8%
Q3 25
-216.3%
Q2 25
24.2%
Q1 25
0.9%
Q4 24
17.1%
Q3 24
-49.7%
Q2 24
47.5%
Q1 24
0.9%
Capex Intensity
MSGS
MSGS
RRC
RRC
Q4 25
0.2%
Q3 25
0.9%
Q2 25
0.2%
Q1 25
0.6%
Q4 24
0.1%
Q3 24
0.7%
Q2 24
0.2%
Q1 24
0.0%
Cash Conversion
MSGS
MSGS
RRC
RRC
Q4 25
3.94×
1.44×
Q3 25
1.72×
Q2 25
1.42×
Q1 25
3.40×
Q4 24
55.61×
2.30×
Q3 24
4.85×
Q2 24
4.25×
5.18×
Q1 24
0.11×
3.60×

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%

RRC
RRC

Natural Gas Natural Gas Liquids And Oil Sales$745.5M95%
Brokered Natural Gas And Marketing$41.3M5%

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