Standings, 1922-23 season
A win is worth 2 points. A tie (T) is worth 1.
| # | Team | GP | W | L | T | Points | Goals for | Goals against | Diff |
|---|---|---|---|---|---|---|---|---|---|
| 1 |  Ottawa Senators (1917)  x |
24 | 14 | 9 | 1 | 29 | 77 | 54 | +23 |
| 2 |  Montréal Canadiens x |
24 | 13 | 9 | 2 | 28 | 73 | 61 | +12 |
| 3 |  Toronto St. Patricks e |
24 | 13 | 10 | 1 | 27 | 82 | 88 | -6 |
| 4 |  Hamilton Tigers e |
24 | 6 | 18 | 0 | 12 | 81 | 110 | -29 |
x Clinched Playoff spot
y Clinched Division
p Presidents' Trophy
z Clinched Conference
e Eliminated from Playoff contention
Stanley Cup champions