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
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