The Tony Award for Best Musical is given annually to the best new Broadway musical, as determined by Tony Award voters.
The award goes to the producers of the winning musical.
A musical is eligible for consideration in a given year if it has not previously been produced on Broadway and is not "determined... to be a 'classic' or in the historical or popular repertoire", otherwise it may be considered for Best Revival of a Musical.
Excerpts from the musicals that are nominated for this award are usually performed during the ceremony before this award is presented.
This is a list of winners and nominees for the Tony Award for Best Musical.