sphere entertainment co - SPHR

SPHR

Close Chg Chg %
119.84 7.49 6.25%

Closed Market

127.33

+7.49 (6.25%)

Volume: 903.01K

Last Updated:

Apr 2, 2026, 3:59 PM EDT

Company Overview: sphere entertainment co - SPHR

SPHR Key Data

Open

$116.21

Day Range

116.17 - 127.41

52 Week Range

23.89 - 127.41

Market Cap

$4.25B

Shares Outstanding

35.50M

Public Float

26.77M

Beta

1.68

Rev. Per Employee

N/A

P/E Ratio

162.45

EPS

$0.93

Yield

0.00%

Dividend

$32.60

EX-DIVIDEND DATE

Apr 21, 2023

SHORT INTEREST

N/A

AVERAGE VOLUME

1.05M

 

SPHR Performance

1 Week
 
19.15%
 
1 Month
 
12.76%
 
3 Months
 
34.91%
 
1 Year
 
376.12%
 
5 Years
 
228.20%
 

SPHR Analyst Ratings

  • Sell
  • Under
  • Hold
  • Over
  • Buy
Number of Ratings 12
Full Ratings ➔

About sphere entertainment co - SPHR

Sphere Entertainment Co. engages in the provision of live entertainment and media services. It operates through the following segments: Sphere and MSG Networks. The Sphere segment engages in deriving revenues primarily from ticket sales and other ticket-related revenues, venue license fees from third-party promoters, sponsorships, signage and Exosphere advertising, suite licenses and food, beverage, and merchandise sales. The MSG Networks segment engages in deriving revenues principally from distribution fees, as well as from the sale of advertising. The company was founded in 2010 and is headquartered in New York, NY.

SPHR At a Glance

Sphere Entertainment Co.
Two Pennsylvania Plaza
New York, New York 10121
Phone 1-725-258-0001 Revenue 1.22B
Industry Media Conglomerates Net Income 33.41M
Sector Consumer Services 2025 Sales Growth 18.81%
Fiscal Year-end 12 / 2026 Employees 1,100
View SEC Filings

SPHR Valuation

P/E Current 162.454
P/E Ratio (with extraordinary items) N/A
P/E Ratio (without extraordinary items) 128.922
Price to Sales Ratio 3.53
Price to Book Ratio 1.511
Price to Cash Flow Ratio 17.70
Enterprise Value to EBITDA 17.10
Enterprise Value to Sales 3.891
Total Debt to Enterprise Value 0.203

SPHR Efficiency

Revenue/Employee 1,109,131.818
Income Per Employee 30,368.182
Receivables Turnover 5.896
Total Asset Turnover 0.257

SPHR Liquidity

Current Ratio 1.066
Quick Ratio 1.047
Cash Ratio 0.701

SPHR Profitability

Gross Margin 24.069
Operating Margin -7.64
Pretax Margin 4.69
Net Margin 2.738
Return on Assets 0.704
Return on Equity 1.437
Return on Total Capital 1.046
Return on Invested Capital 1.081

SPHR Capital Structure

Total Debt to Total Equity 43.052
Total Debt to Total Capital 30.095
Total Debt to Total Assets 21.698
Long-Term Debt to Equity 39.461
Long-Term Debt to Total Capital 27.585
  • Income Statement
  • Balance Sheet
  • Cash Flow Statement

Annual Financials for Sphere Entertainment Co - SPHR

Collapse All in section
All values USD millions. 2022 2023 2024 2025 5-year trend
Sales/Revenue
1.72B 573.83M 1.03B 1.22B
Sales Growth
+855.99% -66.73% +78.95% +18.81%
Cost of Goods Sold (COGS) incl D&A
1.13B 372.93M 804.32M 926.39M
COGS excluding D&A
- - - -
-
Depreciation & Amortization Expense
124.63M 130.19M 276.92M 370.82M
Depreciation
100.04M 54.41M 252.71M 329.84M
Amortization of Intangibles
24.59M 75.77M 3.79M 6.57M
COGS Growth
+316.39% -67.11% +115.68% +15.18%
Gross Income
590.74M 200.90M 222.57M 293.65M
Gross Income Growth
+742.76% -65.99% +10.78% +31.94%
Gross Profit Margin
+34.25% +35.01% +21.67% +24.07%
2022 2023 2024 2025 5-year trend
SG&A Expense
633.03M 397.10M 445.57M 386.87M
Research & Development
- - - -
-
Other SG&A
633.03M 397.10M 445.57M 386.87M
SGA Growth
+98.43% -37.27% +12.21% -13.17%
Other Operating Expense
- - - -
-
Unusual Expense
146.07M (470.83M) 74.62M (209.74M)
EBIT after Unusual Expense
(188.35M) 274.64M (297.62M) 116.53M
Non Operating Income/Expense
(423.00K) 788.00K 17.26M 11.23M
Non-Operating Interest Income
4.21M 11.59M 25.69M 13.50M
Equity in Earnings of Affiliates
(5.03M) (8.18M) (6.68M) (600.00K)
Interest Expense
- 27.16M 79.87M 70.55M
Interest Expense Growth
- +12,955.29% -100.00% -11.67%
Gross Interest Expense
75.66M 116.04M 104.92M 70.55M
Interest Capitalized
- 48.51M 116.04M 25.05M
Pretax Income
(215.93M) 275.43M (360.23M) 57.22M
Pretax Income Growth
+46.67% +227.55% -230.79% +115.88%
Pretax Margin
-12.52% +48.00% -35.08% +4.69%
Income Tax
(25.79M) 103.40M (135.59M) 23.81M
Income Tax - Current - Domestic
5.49M 3.28M (3.05M) 2.89M
Income Tax - Current - Foreign
- - - -
-
Income Tax - Deferred - Domestic
(31.27M) 100.12M (132.54M) 22.98M
Income Tax - Deferred - Foreign
- - - (2.06M)
-
Income Tax Credits
- - - -
-
Equity in Earnings of Affiliates
(5.03M) (8.18M) (6.68M) (600.00K)
Other After Tax Income (Expense)
- - - (3.17M)
-
Consolidated Net Income
(193.32M) 172.03M (224.63M) 33.41M
Minority Interest Expense
- - 4.25M 2.91M
-
Net Income
(197.57M) 169.12M (224.63M) 33.41M
Net Income Growth
+48.81% +185.60% -232.83% +114.87%
Net Margin Growth
-11.46% +29.47% -21.88% +2.74%
Extraordinaries & Discontinued Operations
- - 333.65M 23.98M
-
Discontinued Operations
- - 333.65M 23.98M
-
Net Income After Extraordinaries
(197.57M) 502.77M (200.65M) 33.41M
Preferred Dividends
- - - -
-
Net Income Available to Common
(197.57M) 502.77M (200.65M) 33.41M
EPS (Basic)
-5.7676 14.5096 -5.684 0.9261
EPS (Basic) Growth
+63.83% +351.57% -139.17% +116.29%
Basic Shares Outstanding
34.26M 34.65M 35.30M 36.07M
EPS (Diluted)
-5.7676 14.3941 -5.684 0.7375
EPS (Diluted) Growth
+63.83% +349.57% -139.49% +112.98%
Diluted Shares Outstanding
34.26M 34.93M 35.30M 45.30M
EBITDA
82.34M (66.00M) 53.92M 277.61M
EBITDA Growth
+126.51% -180.16% +181.69% +414.84%
EBITDA Margin
+4.77% -11.50% +5.25% +22.75%

Snapshot

Average Recommendation BUY Average Target Price 132.818
Number of Ratings 12 Current Quarters Estimate -0.976
FY Report Date 06 / 2026 Current Year's Estimate -2.59
Last Quarter’s Earnings -0.44 Median PE on CY Estimate N/A
Year Ago Earnings 0.74 Next Fiscal Year Estimate -2.248
Median PE on Next FY Estimate N/A

Earnings Per Share

This Quarter Next Quarter This Fiscal Next Fiscal
# of Estimates 8 9 9 8
Mean Estimate -0.98 -1.23 -2.59 -2.25
High Estimates -0.58 -0.93 -2.02 -1.53
Low Estimate -1.21 -1.38 -3.17 -2.80
Coefficient of Variance -22.13 -12.36 -16.54 -21.31

Analysts Recommendations

Current 1 Month Ago 3 Months Ago
BUY 10 10 9
OVERWEIGHT 0 0 0
HOLD 2 2 1
UNDERWEIGHT 0 0 0
SELL 0 0 1
MEAN Buy Buy Overweight

Insider Actions for Sphere Entertainment Co - SPHR

Date Name Shares Transaction Value
Mar 18, 2026 David Granville-Smith Executive Vice President 60,152 Exercise or conversion of derivative security exempted pursuant to Rule 16b-3 0.00
Mar 18, 2026 David Granville-Smith Executive Vice President 56,464 Payment of exercise price or tax liability by delivering/withholding secs incident to the receipt/exercise/vesting pursuant to Rule 16b-3 Non-derivative transaction at $105.7 per share 5,968,244.80
Mar 18, 2026 David Granville-Smith Executive Vice President 13,410 Exercise or conversion of derivative security exempted pursuant to Rule 16b-3 0.00
Feb 20, 2026 James Lawrence Dolan Executive Chairman and CEO; Director 1,087,098 Exercise or conversion of derivative security exempted pursuant to Rule 16b-3 Non-derivative transaction at $67.33 per share 73,194,308.34
Feb 20, 2026 James Lawrence Dolan Executive Chairman and CEO; Director N/A Exercise or conversion of derivative security exempted pursuant to Rule 16b-3 0.00
Feb 20, 2026 James Lawrence Dolan Executive Chairman and CEO; Director N/A Exercise or conversion of derivative security exempted pursuant to Rule 16b-3 0.00
Feb 20, 2026 James Lawrence Dolan Executive Chairman and CEO; Director 978,468 Payment of exercise price or tax liability by delivering/withholding secs incident to the receipt/exercise/vesting pursuant to Rule 16b-3 Non-derivative transaction at $114.71 per share 112,240,064.28
Feb 20, 2026 James Lawrence Dolan Executive Chairman and CEO; Director 1,000,138 Payment of exercise price or tax liability by delivering/withholding secs incident to the receipt/exercise/vesting pursuant to Rule 16b-3 Non-derivative transaction at $114.71 per share 114,725,829.98
Feb 20, 2026 James Lawrence Dolan Executive Chairman and CEO; Director 1,063,899 Disposition to the issuer of issuer equity secs pursant to Rule 16b-3 Non-derivative transaction at $114.71 per share 122,039,854.29
Feb 20, 2026 James Lawrence Dolan Executive Chairman and CEO; Director 1,075,499 Disposition to the issuer of issuer equity secs pursant to Rule 16b-3 Non-derivative transaction at $114.71 per share 123,370,490.29
Feb 20, 2026 James Lawrence Dolan Executive Chairman and CEO; Director 1,032,783 Exercise or conversion of derivative security exempted pursuant to Rule 16b-3 Non-derivative transaction at $67.33 per share 69,537,279.39
Sep 18, 2025 James Lawrence Dolan Executive Chairman and CEO; Director N/A Exercise or conversion of derivative security exempted pursuant to Rule 16b-3 0.00
Sep 18, 2025 Jennifer Koester President & COO, Sphere 16,539 Exercise or conversion of derivative security exempted pursuant to Rule 16b-3 0.00
Sep 18, 2025 Ryan Thomas Dolan Director 2,929 Exercise or conversion of derivative security exempted pursuant to Rule 16b-3 0.00
Sep 18, 2025 Ryan Thomas Dolan Director 3,204 Exercise or conversion of derivative security exempted pursuant to Rule 16b-3 0.00
Sep 18, 2025 Ryan Thomas Dolan Director 3,525 Exercise or conversion of derivative security exempted pursuant to Rule 16b-3 0.00
Sep 18, 2025 Ryan Thomas Dolan Director 3,158 Payment of exercise price or tax liability by delivering/withholding secs incident to the receipt/exercise/vesting pursuant to Rule 16b-3 Non-derivative transaction at $60.29 per share 190,395.82
Sep 18, 2025 Ryan Thomas Dolan Director 3,652 Exercise or conversion of derivative security exempted pursuant to Rule 16b-3 0.00
Sep 18, 2025 Ryan Thomas Dolan Director 3,476 Payment of exercise price or tax liability by delivering/withholding secs incident to the receipt/exercise/vesting pursuant to Rule 16b-3 Non-derivative transaction at $60.29 per share 209,568.04
Sep 18, 2025 Ryan Thomas Dolan Director 269 Exercise or conversion of derivative security exempted pursuant to Rule 16b-3 0.00

Sphere Entertainment Co in the News

Inside the Las Vegas MSG Sphere

The $2.3 billion MSG Sphere in Las Vegas includes 4D technology and an exclusive and immersive experience for concerts, art exhibitions and sporting events.