Growth Metrics

Sphere Entertainment (SPHR) Debt to Equity (2019 - 2026)

Sphere Entertainment posted quarterly Debt to Equity of $0.36 for Q1 2026, down 41.89% year-on-year from $0.62 in Q1 2025, and down 3.05% on a QoQ basis from $0.37 in Q4 2025.

Sphere Entertainment (SPHR) has 8 years of Debt to Equity data on file, last reported at $0.36 in Q1 2026.

  • For the quarter ending Q1 2026, Debt to Equity fell 41.89% year-over-year to $0.36; the trailing twelve-month figure through Mar 2026 stood at $0.36 (down 41.89% YoY), and the FY2025 full-year result was $0.37, down 39.5% from the prior year.
  • Debt to Equity for Q1 2026 stood at $0.36, down from $0.37 in the prior quarter.
  • Across five years, Debt to Equity topped out at $0.98 in Q4 2022 and bottomed at -$212.01 in Q3 2023.
  • The 5-year median for Debt to Equity is $0.57 (2024), against an average of -$11.91.
  • The widest annual swing landed in 2022, when Debt to Equity soared 150.28%; it then tumbled 23494.72% in 2023.
  • A 5-year view of Debt to Equity shows it stood at $0.98 in 2022, then tumbled by 41.84% to $0.57 in 2023, then increased by 7.35% to $0.61 in 2024, then sank by 39.5% to $0.37 in 2025, then dropped by 3.05% to $0.36 in 2026.
  • The last three Debt to Equity figures came in at $0.36 (Q1 2026), $0.37 (Q4 2025), and $0.41 (Q3 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Debt/Equity (Qtr)
1 Netflix 362.63 Bn 350.34 Bn 11.41 Bn 0.46
2 Walt Disney 181.67 Bn 188.27 Bn 23.68 Bn 0.41
3 Warner Bros. Discovery 67.91 Bn 65.77 Bn 4.25 Bn 0.96
4 Live Nation Entertainment 39.56 Bn 31.10 Bn 1.31 Bn -61.05
5 Fox 26.01 Bn 22.51 Bn - 0.60
6 Liberty Media 21.20 Bn 21.87 Bn 298.00 Mn 0.65
7 Roku 19.03 Bn 16.65 Bn 564.94 Mn -
8 News 16.98 Bn 15.50 Bn - 0.21
9 TKO Group Holdings 16.11 Bn 14.42 Bn 862.52 Mn 0.55
10 Sphere Entertainment 5.26 Bn 4.63 Bn 216.77 Mn 0.36

Historic Data

Download Data 🔒
DateValue
Mar 31, 2026 0.36
Dec 31, 2025 0.37
Sep 30, 2025 0.41
Jun 30, 2025 0.38
Mar 31, 2025 0.62
Dec 31, 2024 0.61
Sep 30, 2024 0.58
Jun 30, 2024 0.57
Mar 31, 2024 0.57
Dec 31, 2023 0.57
Sep 30, 2023 -212.01
Jun 30, 2023 0.46
Mar 31, 2023 0.93
Dec 31, 2022 0.98
Sep 30, 2022 0.91
Jun 30, 2022 0.51
Mar 31, 2022 0.78
Dec 31, 2021 0.78
Sep 30, 2021 0.80
Jun 30, 2021 0.78
Mar 31, 2021 0.31
Dec 31, 2020 0.29
Sep 30, 2020 0.02
Jun 30, 2020 0.02
Mar 31, 2020 0.01
Jun 30, 2019 0.01