MSGS vs. FLUT

Last updated Apr 2, 2026

Compare and contrast key facts about Madison Square Garden Sports Corp. (MSGS) and Flutter Entertainment PLC (FLUT).

Performance

MSGS vs. FLUT - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Madison Square Garden Sports Corp. (MSGS) and Flutter Entertainment PLC (FLUT). The values are adjusted to include any dividend payments, if applicable.

MSGS vs. FLUT - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
MSGS Madison Square Garden Sports Corp.	23.21%	14.61%	24.12%	-0.82%	10.47%	-5.63%	23.03%	9.90%	26.96%	-1.59%
FLUT Flutter Entertainment PLC	-52.23%	-16.80%	44.39%	32.84%	-14.44%	-23.51%	79.04%	51.44%	-32.00%	23.91%

Fundamentals

EPS MSGS : -$0.69 FLUT : -$2.71
PS Ratio MSGS : 7.19 FLUT : 0.75
Total Revenue (TTM) MSGS : $1.07B FLUT : $16.38B
Gross Profit (TTM) MSGS : $277.75M FLUT : $7.40B
EBITDA (TTM) MSGS : $19.18M FLUT : $1.53B

Returns By Period

In the year-to-date period, MSGS achieves a 23.21% return, which is significantly higher than FLUT's -52.23% return.

MSGS

• 1D: -0.85%
• 1M: -3.01%
• YTD: 23.21%
• 6M: 38.68%
• 1Y: 60.66%
• 3Y*: 17.82%
• 5Y*: 12.76%
• 10Y*: 14.84%

FLUT

• 1D: 0.77%
• 1M: -3.16%
• YTD: -52.23%
• 6M: -59.30%
• 1Y: -53.90%
• 3Y*: -17.30%
• 5Y*: -13.73%
• 10Y*: —

*Multi-year figures are annualized to reflect compound growth (CAGR)

Return for Risk

MSGS vs. FLUT — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

MSGS

MSGS Risk / Return Rank: 92
MSGS Sharpe Ratio Rank: 90
MSGS Sortino Ratio Rank: 91
MSGS Omega Ratio Rank: 90
MSGS Calmar Ratio Rank: 94
MSGS Martin Ratio Rank: 93

FLUT

FLUT Risk / Return Rank: 4
FLUT Sharpe Ratio Rank: 1
FLUT Sortino Ratio Rank: 3
FLUT Omega Ratio Rank: 3
FLUT Calmar Ratio Rank: 12
FLUT Martin Ratio Rank: 4

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

MSGS vs. FLUT - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Madison Square Garden Sports Corp. (MSGS) and Flutter Entertainment PLC (FLUT). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.

	MSGS	FLUT	Difference
Sharpe ratio Return per unit of total volatility	1.99	-1.26	+3.25
Sortino ratio Return per unit of downside risk	3.03	-1.90	+4.93
Omega ratio Gain probability vs. loss probability	1.40	0.74	+0.66
Calmar ratio Return relative to maximum drawdown	5.37	-0.79	+6.16
Martin ratio Return relative to average drawdown	13.68	-1.74	+15.42
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

MSGS vs. FLUT - Sharpe Ratio Comparison

The current MSGS Sharpe Ratio is 1.99, which is higher than the FLUT Sharpe Ratio of -1.26. The chart below compares the historical Sharpe Ratios of MSGS and FLUT, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.

Sharpe Ratios by Period

	MSGS	FLUT	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	1.99	-1.26	+3.25
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.51	-0.31	+0.82
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	0.47	—	—
Sharpe Ratio (All Time) Calculated using the full available price history	0.46	0.04	+0.43

Correlation

The correlation between MSGS and FLUT is 0.15, which is considered to be low. This implies their price changes are not closely related. A low correlation is generally favorable for portfolio diversification, as it helps to reduce overall risk by spreading it across multiple assets with different performance patterns.

Dividends

MSGS vs. FLUT - Dividend Comparison

Neither MSGS nor FLUT has paid dividends to shareholders.

	TTM	2025	2024	2023	2022	2021	2020	2019
MSGS Madison Square Garden Sports Corp.	0.00%	0.00%	0.00%	0.00%	3.82%	0.00%	36.97%	0.00%
FLUT Flutter Entertainment PLC	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	3.75%

Drawdowns

MSGS vs. FLUT - Drawdown Comparison

The maximum MSGS drawdown since its inception was -41.57%, smaller than the maximum FLUT drawdown of -67.76%. Use the drawdown chart below to compare losses from any high point for MSGS and FLUT.

Drawdown Indicators

	MSGS	FLUT	Difference
Max Drawdown Largest peak-to-trough decline	-41.57%	-67.76%	+26.19%
Max Drawdown (1Y) Largest decline over 1 year	-11.86%	-67.76%	+55.90%
Max Drawdown (5Y) Largest decline over 5 years	-31.96%	-67.76%	+35.80%
Max Drawdown (10Y) Largest decline over 10 years	-41.57%	—	—
Current Drawdown Current decline from peak	-6.75%	-66.71%	+59.96%
Average Drawdown Average peak-to-trough decline	-10.72%	-22.59%	+11.87%
Ulcer Index Depth and duration of drawdowns from previous peaks	4.65%	30.82%	-26.17%

Volatility

MSGS vs. FLUT - Volatility Comparison

The current volatility for Madison Square Garden Sports Corp. (MSGS) is 5.61%, while Flutter Entertainment PLC (FLUT) has a volatility of 10.51%. This indicates that MSGS experiences smaller price fluctuations and is considered to be less risky than FLUT based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	MSGS	FLUT	Difference
Volatility (1M) Calculated over the trailing 1-month period	5.61%	10.51%	-4.90%
Volatility (6M) Calculated over the trailing 6-month period	23.64%	34.25%	-10.61%
Volatility (1Y) Calculated over the trailing 1-year period	30.70%	42.76%	-12.06%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	25.20%	43.98%	-18.78%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	31.37%	46.85%	-15.48%

Financials

MSGS vs. FLUT - Profitability Comparison

The chart below illustrates the profitability comparison between Madison Square Garden Sports Corp. and Flutter Entertainment PLC over time, highlighting three key metrics: Gross Profit Margin, Operating Margin, and Net Profit Margin.

MSGS - Gross Margin

Gross margin is calculated as gross profit divided by revenue. For the three months ending on Apr 2026, Madison Square Garden Sports Corp. reported a gross profit of 92.04M and revenue of 403.42M. Therefore, the gross margin over that period was 22.8%.

FLUT - Gross Margin

Gross margin is calculated as gross profit divided by revenue. For the three months ending on Apr 2026, Flutter Entertainment PLC reported a gross profit of 2.11B and revenue of 4.74B. Therefore, the gross margin over that period was 44.5%.

MSGS - Operating Margin

Operating margin is calculated as operating income divided by revenue. For the three months ending on Apr 2026, Madison Square Garden Sports Corp. reported an operating income of 22.18M and revenue of 403.42M, resulting in an operating margin of 5.5%.

FLUT - Operating Margin

Operating margin is calculated as operating income divided by revenue. For the three months ending on Apr 2026, Flutter Entertainment PLC reported an operating income of -522.00M and revenue of 4.74B, resulting in an operating margin of -11.0%.

MSGS - Net Margin

Net margin is calculated as net income divided by revenue. For the three months ending on Apr 2026, Madison Square Garden Sports Corp. reported a net income of 8.24M and revenue of 403.42M, resulting in a net margin of 2.0%.

FLUT - Net Margin

Net margin is calculated as net income divided by revenue. For the three months ending on Apr 2026, Flutter Entertainment PLC reported a net income of 10.00M and revenue of 4.74B, resulting in a net margin of 0.2%.