Sphere Entertainment (SPHR) Debt to Equity (2019 - 2026)
Sphere Entertainment (SPHR) reported Debt to Equity of $0.36 for Q1 2026, down 41.89% on a YoY basis from $0.62 in Q1 2025, and down 3.05% quarter-over-quarter from $0.37 in Q4 2025.
Sphere Entertainment (SPHR) Debt to Equity (2019 - 2026) Analysis & Trends
Sphere Entertainment has reported Debt to Equity for 8 years, with the latest figure 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.
- The five-year high for Debt to Equity was $0.98 in Q4 2022, with the low at -$212.01 in Q3 2023.
- Historically, Debt to Equity has averaged -$11.91 across 5 years, with a median of $0.57 in 2024.
- Annual changes were most pronounced in 2022 — Debt to Equity soared 150.28% — and 2023, when it sank 23494.72%.
- Sphere Entertainment's Debt to Equity stood at $0.98 in 2022, then plunged by 41.84% to $0.57 in 2023, then grew by 7.35% to $0.61 in 2024, then slumped by 39.5% to $0.37 in 2025, then slipped 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 | 327.69 Bn | 315.40 Bn | 11.41 Bn | 0.46 |
| 2 | Walt Disney | 184.70 Bn | 191.31 Bn | 23.68 Bn | 0.41 |
| 3 | Warner Bros. Discovery | 65.23 Bn | 63.09 Bn | 4.25 Bn | 0.96 |
| 4 | Brera Holdings | 53.07 Bn | 53.07 Bn | - | - |
| 5 | Live Nation Entertainment | 39.71 Bn | 31.25 Bn | 1.31 Bn | -61.05 |
| 6 | Liberty Media | 21.13 Bn | 21.80 Bn | 298.00 Mn | 0.65 |
| 7 | Fox | 20.41 Bn | 16.92 Bn | - | 0.60 |
| 8 | Roku | 20.39 Bn | 18.01 Bn | 564.94 Mn | - |
| 9 | News | 15.92 Bn | 14.45 Bn | - | 0.21 |
| 10 | Sphere Entertainment | 5.66 Bn | 5.03 Bn | 216.77 Mn | 0.36 |
Historic Data
Download Data| Date | Value |
|---|---|
| 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 |