Sphere Entertainment Co.
SPHR Communication Services Entertainment
Sphere Entertainment Co.’s revenue for fiscal 2025 (year ended December 2025) was $1.2 billion, up 18.8% from fiscal 2024.
- Revenue
- +11.0%
- EPS
- −125.6%
- Free cash flow
- −92.9%
- Total debt
- −12.3%
Quarter to June 2026, against a year earlier
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Sphere Entertainment Co. (SPHR) Return on invested capital
Sphere Entertainment Co.'s return on invested capital over the twelve months to 30 June 2026 was −3.93%, up 1.7 percentage points from fiscal 2025 (−5.61%). Over the past ten years it has ranged from −18.5% (fiscal 2018) to 8.86% (fiscal 2020); the current reading is higher than 25% of that period. That is below the Entertainment industry median of 0.55% and below the Communication Services sector median of 0.00%.
Return on invested capital, annual
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Annual newest first
| Period | Return on invested capital | Change (points) |
|---|---|---|
| FY2025 | −5.61% | (5.61) |
| FY2024 | 0.00% | 6.62 |
| FY2024 | −6.62% | (1.62) |
| FY2023 | −5.00% | (0.31) |
| FY2022 | −4.69% | (6.39) |
| FY2021 | 1.70% | (7.16) |
| FY2020 | 8.86% | 8.86 |
| FY2019 | 0.00% | 1.95 |
| FY2019 | −1.95% | 16.52 |
| FY2018 | −18.5% | (18.47) |
Against its own ten years
Return on invested capital against peers
| Company | Return on invested capital |
|---|---|
| MSGE Madison Square Garden Entertainment Corp. compare | 27.4% |
| LION Lionsgate Studios Corp. compare | 27.2% |
| CNK Cinemark Holdings Inc compare | 13.9% |
| AMC AMC Entertainment Holdings, Inc. compare | 8.78% |
| MANU Manchester United Ltd. compare | 1.83% |
| VSNT Versant Media Group, Inc. compare | 0.00% |
| BATRK Atlanta Braves Holdings, Inc. compare | 0.00% |
| BATRA Atlanta Braves Holdings, Inc. compare | −3.57% |
| SPHR Sphere Entertainment Co. | −3.93% |
| Entertainment industry median | 0.55% |
| Communication Services sector median | 0.00% |
| Market median | 0.00% |
What Return on invested capital is
Return on Invested Capital shows how much after-tax operating profit a company earns on the money its lenders and shareholders have put in.
TTM: (Operating Income × 0.625) ÷ (Shareholders Equity (Total) (latest quarter) + Long Term Debt (Total) (latest quarter) + Current Part of Debt (latest quarter) − Cash & Short Term Investments (latest quarter)); Annual: (Operating Income × 0.625) ÷ (Shareholders Equity (Total) + Long Term Debt (Total) + Current Part of Debt − Cash & Short Term Investments)
More on SPHR
- Revenue
- Net income
- EPS (diluted)
- EBITDA
- Free cash flow
- Operating cash flow
- Gross margin
- Operating margin
- Net margin
- Free cash flow margin
- P/E ratio
- P/S ratio
- P/B ratio
- Price to free cash flow
- EV/EBITDA
- EV/Sales
- EV/FCF
- Return on equity
- Return on assets
- Debt to equity
- Current ratio
- Total debt
- Shares outstanding
- Book value per share
- Revenue growth
- Altman Z-score
- The full statement