Growth Metrics

Sphere Entertainment (SPHR) Debt Ratio (2019 - 2026)

Sphere Entertainment posted quarterly Debt Ratio of 0.19 for Q1 2026, down 35.77% year-on-year from 0.3 in Q1 2025, and down 2.71% on a QoQ basis from 0.2 in Q4 2025.

Sphere Entertainment (SPHR) has 8 years of Debt Ratio data on file, last reported at 0.19 in Q1 2026.

  • For the quarter ending Q1 2026, Debt Ratio fell 35.77% year-over-year to 0.19; the trailing twelve-month figure through Mar 2026 stood at 0.19 (down 35.77% YoY), and the FY2025 full-year result was 0.2, down 34.18% from the prior year.
  • Debt Ratio for Q1 2026 stood at 0.19, down from 0.2 in the prior quarter.
  • Across five years, Debt Ratio topped out at 0.34 in Q4 2022 and bottomed at 0.18 in Q2 2022.
  • The 5-year median for Debt Ratio is 0.29 (2024), against an average of 0.26.
  • Peak annual rise in Debt Ratio reached 73.31% in 2022, while the deepest fall reached 44.05% in 2022.
  • A 5-year view of Debt Ratio shows it stood at 0.34 in 2022, then declined by 14.94% to 0.29 in 2023, then increased by 3.68% to 0.3 in 2024, then sank by 34.18% to 0.2 in 2025, then dropped by 2.71% to 0.19 in 2026.
  • The last three Debt Ratio figures came in at 0.19 (Q1 2026), 0.2 (Q4 2025), and 0.21 (Q3 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Debt Ratio (Qtr)
1 Netflix 362.63 Bn 350.34 Bn 11.41 Bn 0.24
2 Walt Disney 181.67 Bn 188.27 Bn 23.68 Bn 0.23
3 Warner Bros. Discovery 67.91 Bn 65.77 Bn 4.25 Bn 0.33
4 Live Nation Entertainment 39.56 Bn 31.10 Bn 1.31 Bn 0.33
5 Fox 26.01 Bn 22.51 Bn - 0.30
6 Liberty Media 21.20 Bn 21.87 Bn 298.00 Mn 0.32
7 Roku 19.03 Bn 16.65 Bn 564.94 Mn -
8 News 16.98 Bn 15.50 Bn - 0.13
9 TKO Group Holdings 16.11 Bn 14.42 Bn 862.52 Mn 0.29
10 Sphere Entertainment 5.26 Bn 4.63 Bn 216.77 Mn 0.19

Historic Data

Download Data 🔒
DateValue
Mar 31, 2026 0.19
Dec 31, 2025 0.20
Sep 30, 2025 0.21
Jun 30, 2025 0.21
Mar 31, 2025 0.30
Dec 31, 2024 0.30
Sep 30, 2024 0.29
Jun 30, 2024 0.29
Mar 31, 2024 0.29
Dec 31, 2023 0.29
Sep 30, 2023 0.25
Jun 30, 2023 0.24
Mar 31, 2023 0.31
Dec 31, 2022 0.34
Sep 30, 2022 0.32
Jun 30, 2022 0.18
Mar 31, 2022 0.30
Dec 31, 2021 0.30
Sep 30, 2021 0.31
Jun 30, 2021 0.32
Mar 31, 2021 0.17
Dec 31, 2020 0.16
Sep 30, 2020 0.01
Jun 30, 2020 0.01
Mar 31, 2020 0.01
Jun 30, 2019 0.01