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

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

Sphere Entertainment (SPHR) Debt Ratio (2019 - 2026) Analysis & Trends

Sphere Entertainment's Debt Ratio history runs 8 years deep, the most recent figure standing at 0.19 for Q1 2026.

  • Quarterly Debt Ratio fell 35.77% year-over-year to 0.19 in Q1 2026, while the trailing twelve-month figure through Mar 2026 was 0.19 (down 35.77% YoY) and the FY2025 annual result came in at 0.2, down 34.18% from the prior year.
  • Debt Ratio was 0.19 for Q1 2026 at Sphere Entertainment, down from 0.2 in the prior quarter.
  • Across five years, Debt Ratio topped out at 0.47 in Q4 2023 and bottomed at 0.18 in Q2 2022.
  • A 5-year average of 0.29 and a median of 0.29 in 2024 frame the typical range for Debt Ratio.
  • Peak annual rise in Debt Ratio reached 73.31% in 2022, while the deepest fall reached 44.05% in 2022.
  • Sphere Entertainment's Debt Ratio stood at 0.34 in 2022, then soared by 39.5% to 0.47 in 2023, then tumbled by 36.78% to 0.3 in 2024, then plunged by 34.18% to 0.2 in 2025, then declined by 2.71% to 0.19 in 2026.
  • Business Quant data shows SPHR's Debt Ratio at 0.19 in Q1 2026, 0.2 in Q4 2025, and 0.2 in Q3 2025.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Debt Ratio (Qtr)
1 Netflix 286.85 Bn 277.73 Bn 6.52 Bn 0.24
2 Walt Disney 176.45 Bn 177.38 Bn 10.75 Bn 0.23
3 Warner Bros. Discovery 71.03 Bn 68.89 Bn 4.25 Bn 0.35
4 Live Nation Entertainment 40.94 Bn 32.48 Bn 1.31 Bn 0.33
5 Liberty Media 29.72 Bn 29.06 Bn 298.00 Mn 0.32
6 Roku 20.90 Bn 18.52 Bn 564.94 Mn -
7 TKO Group Holdings 20.86 Bn 19.17 Bn 862.52 Mn 0.29
8 Fox 20.85 Bn 17.36 Bn - 0.30
9 News 16.48 Bn 15.01 Bn - 0.13
10 Sphere Entertainment 4.78 Bn 4.15 Bn 216.77 Mn 0.19

Historic Data

Download Data
DateValue
Mar 31, 2026 0.19
Dec 31, 2025 0.20
Sep 30, 2025 0.20
Jun 30, 2025 0.19
Mar 31, 2025 0.30
Dec 31, 2024 0.30
Sep 30, 2024 0.29
Jun 30, 2024 0.29
Mar 31, 2024 0.47
Dec 31, 2023 0.47
Sep 30, 2023 0.27
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