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Madison Square Garden Entertainment Corp.（MSGE）与UDR, Inc.（UDR）财务数据对比。点击上方公司名可切换其他公司
UDR, Inc.的季度营收约是Madison Square Garden Entertainment Corp.的1.0倍（$433.1M vs $424.8M），UDR, Inc.净利率更高（51.5% vs 21.8%，领先29.6%），Madison Square Garden Entertainment Corp.同比增速更快（12.5% vs 2.5%），过去两年Madison Square Garden Entertainment Corp.的营收复合增速更高（48.9% vs 2.3%）
麦迪逊广场花园娱乐公司是总部位于美国纽约的体育控股企业，依托麦迪逊广场花园的核心资源，在体育赛事运营、体育IP管理及相关商业化领域拥有深厚行业积累与广泛影响力。
UDR, Inc. 是一家总部位于美国的领先房地产投资信托基金，专注于持有、运营及翻新优质多户住宅公寓社区，业务覆盖美国主要都市圈，服务租客群体包括年轻职场人、家庭及中高收入住户。
MSGE vs UDR — 直观对比
营收规模更大
UDR
是对方的1.0倍
$424.8M
营收增速更快
MSGE
高出10.0%
2.5%
净利率更高
UDR
高出29.6%
21.8%
两年增速更快
MSGE
近两年复合增速
2.3%
损益表 — Q2 FY2026 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $424.8M | $433.1M |
| 净利润 | $92.7M | $222.9M |
| 毛利率 | — | — |
| 营业利润率 | 38.6% | 64.1% |
| 净利率 | 21.8% | 51.5% |
| 营收同比 | 12.5% | 2.5% |
| 净利润同比 | 22.2% | 4519.2% |
| 每股收益（稀释后） | $1.94 | $0.67 |
绿色 = 该指标领先。财年不对齐时期间可能不同
8季度营收与利润趋势
并排季度历史对比，按日历期对齐，财年错位的公司也能正确匹配
营收MSGEUDR
| Q4 25 | $424.8M | $433.1M | ||
| Q3 25 | $154.1M | $431.9M | ||
| Q2 25 | $145.1M | $425.4M | ||
| Q1 25 | $206.0M | $421.9M | ||
| Q4 24 | $377.6M | $422.7M | ||
| Q3 24 | $134.1M | $420.2M | ||
| Q2 24 | $177.6M | $415.3M | ||
| Q1 24 | $191.6M | $413.6M |
净利润MSGEUDR
| Q4 25 | $92.7M | $222.9M | ||
| Q3 25 | $-21.7M | $40.4M | ||
| Q2 25 | $-27.2M | $37.7M | ||
| Q1 25 | $8.0M | $76.7M | ||
| Q4 24 | $75.9M | $-5.0M | ||
| Q3 24 | $-19.3M | $22.6M | ||
| Q2 24 | $66.9M | $28.9M | ||
| Q1 24 | $2.8M | $43.1M |
营业利润率MSGEUDR
| Q4 25 | 38.6% | 64.1% | ||
| Q3 25 | -19.3% | 17.7% | ||
| Q2 25 | -17.7% | 18.2% | ||
| Q1 25 | 13.3% | 29.0% | ||
| Q4 24 | 36.8% | 15.7% | ||
| Q3 24 | -13.8% | 16.6% | ||
| Q2 24 | -5.0% | 16.5% | ||
| Q1 24 | 8.8% | 19.3% |
净利率MSGEUDR
| Q4 25 | 21.8% | 51.5% | ||
| Q3 25 | -14.0% | 9.4% | ||
| Q2 25 | -18.7% | 8.9% | ||
| Q1 25 | 3.9% | 18.2% | ||
| Q4 24 | 20.1% | -220.5% | ||
| Q3 24 | -14.4% | 5.4% | ||
| Q2 24 | 37.7% | 7.0% | ||
| Q1 24 | 1.5% | 10.4% |
每股收益（稀释后）MSGEUDR
| Q4 25 | $1.94 | $0.67 | ||
| Q3 25 | $-0.46 | $0.12 | ||
| Q2 25 | $-0.56 | $0.11 | ||
| Q1 25 | $0.17 | $0.23 | ||
| Q4 24 | $1.56 | $-0.01 | ||
| Q3 24 | $-0.40 | $0.06 | ||
| Q2 24 | $1.32 | $0.08 | ||
| Q1 24 | $0.06 | $0.13 |
资产负债表与财务实力
最新季度各公司的流动性、杠杆与账面价值一览
| 指标 | | |
|---|---|---|
| 现金及短期投资手头流动性 | $157.1M | $1.2M |
| 总债务越低越好 | $554.6M | $5.8B |
| 股东权益账面价值 | $36.0M | $3.3B |
| 总资产 | $1.8B | $10.6B |
| 负债/权益比越低杠杆越低 | 15.40× | 1.77× |
8季度趋势，按日历期对齐
现金及短期投资MSGEUDR
| Q4 25 | $157.1M | $1.2M | ||
| Q3 25 | $29.9M | $1.2M | ||
| Q2 25 | $43.0M | $1.5M | ||
| Q1 25 | $89.0M | $1.3M | ||
| Q4 24 | $54.9M | $1.3M | ||
| Q3 24 | $37.3M | $2.3M | ||
| Q2 24 | $33.3M | $2.8M | ||
| Q1 24 | $28.0M | $2.1M |
总债务MSGEUDR
| Q4 25 | $554.6M | $5.8B | ||
| Q3 25 | $581.7M | $5.8B | ||
| Q2 25 | $568.8M | $5.8B | ||
| Q1 25 | $577.4M | $5.8B | ||
| Q4 24 | $584.7M | $5.8B | ||
| Q3 24 | $647.0M | $5.9B | ||
| Q2 24 | $599.2M | $5.8B | ||
| Q1 24 | $602.5M | $5.8B |
股东权益MSGEUDR
| Q4 25 | $36.0M | $3.3B | ||
| Q3 25 | $-65.8M | $3.3B | ||
| Q2 25 | $-13.3M | $3.3B | ||
| Q1 25 | $9.5M | $3.3B | ||
| Q4 24 | $10.3M | $3.4B | ||
| Q3 24 | $-48.7M | $3.5B | ||
| Q2 24 | $-23.2M | $3.7B | ||
| Q1 24 | $-94.6M | $3.9B |
总资产MSGEUDR
| Q4 25 | $1.8B | $10.6B | ||
| Q3 25 | $1.7B | $10.6B | ||
| Q2 25 | $1.7B | $10.6B | ||
| Q1 25 | $1.7B | $10.7B | ||
| Q4 24 | $1.6B | $10.9B | ||
| Q3 24 | $1.6B | $11.1B | ||
| Q2 24 | $1.6B | $11.1B | ||
| Q1 24 | $1.5B | $11.2B |
负债/权益比MSGEUDR
| Q4 25 | 15.40× | 1.77× | ||
| Q3 25 | — | 1.78× | ||
| Q2 25 | — | 1.74× | ||
| Q1 25 | 60.61× | 1.74× | ||
| Q4 24 | 56.61× | 1.69× | ||
| Q3 24 | — | 1.67× | ||
| Q2 24 | — | 1.55× | ||
| Q1 24 | — | 1.47× |
现金流与资本效率
扣除再投资后实际产生的现金。现金流比净利润更难造假
| 指标 | | |
|---|---|---|
| 经营现金流最新季度 | $164.4M | $902.9M |
| 自由现金流经营现金流 - 资本支出 | — | $650.0M |
| 自由现金流率自由现金流/营收 | — | 150.1% |
| 资本支出强度资本支出/营收 | — | 58.4% |
| 现金转化率经营现金流/净利润 | 1.77× | 4.05× |
| 过去12个月自由现金流最近4个季度 | — | $1.1B |
8季度趋势，按日历期对齐
经营现金流MSGEUDR
| Q4 25 | $164.4M | $902.9M | ||
| Q3 25 | $19.8M | $234.9M | ||
| Q2 25 | $-27.0M | $250.3M | ||
| Q1 25 | $56.8M | $156.2M | ||
| Q4 24 | $112.9M | $876.8M | ||
| Q3 24 | $-27.4M | $230.3M | ||
| Q2 24 | $212.0K | $238.5M | ||
| Q1 24 | $5.8M | $167.6M |
自由现金流MSGEUDR
| Q4 25 | — | $650.0M | ||
| Q3 25 | — | $164.6M | ||
| Q2 25 | — | $190.1M | ||
| Q1 25 | — | $103.2M | ||
| Q4 24 | — | $627.0M | ||
| Q3 24 | — | $161.3M | ||
| Q2 24 | — | $171.1M | ||
| Q1 24 | — | $115.0M |
自由现金流率MSGEUDR
| Q4 25 | — | 150.1% | ||
| Q3 25 | — | 38.1% | ||
| Q2 25 | — | 44.7% | ||
| Q1 25 | — | 24.5% | ||
| Q4 24 | — | 148.3% | ||
| Q3 24 | — | 38.4% | ||
| Q2 24 | — | 41.2% | ||
| Q1 24 | — | 27.8% |
资本支出强度MSGEUDR
| Q4 25 | — | 58.4% | ||
| Q3 25 | — | 16.3% | ||
| Q2 25 | — | 14.2% | ||
| Q1 25 | — | 12.6% | ||
| Q4 24 | — | 59.1% | ||
| Q3 24 | — | 16.4% | ||
| Q2 24 | — | 16.2% | ||
| Q1 24 | — | 12.7% |
现金转化率MSGEUDR
| Q4 25 | 1.77× | 4.05× | ||
| Q3 25 | — | 5.81× | ||
| Q2 25 | — | 6.64× | ||
| Q1 25 | 7.07× | 2.04× | ||
| Q4 24 | 1.49× | — | ||
| Q3 24 | — | 10.19× | ||
| Q2 24 | 0.00× | 8.26× | ||
| Q1 24 | 2.08× | 3.88× |
财务流量对比
营收 → 毛利润 → 营业利润 → 净利润流向图
业务分部营收拆解
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% |
UDR
暂无分部数据
