Sphere Entertainment (SPHR) FCF Margin (2019 - 2026)
Sphere Entertainment (SPHR) reported FCF Margin of -15.35% for Q2 2026, down 49.34 percentage points from the prior quarter.
Sphere Entertainment (SPHR) FCF Margin (2019 - 2026) Analysis & Trends
Over the twelve months ended Jun 30, 2026, Sphere Entertainment's FCF Margin came in at 17.04%; for FY2025, it was 15.66%, up 17.17 percentage points from FY2024.
- FCF Margin has a five-year change of +25.90 percentage points (FY2020 to FY2025).
- By year, FCF Margin came in at -1.51% in FY2024, -157.78% in FY2023 (-56.91 pp), -100.87% in FY2022 (-21.38 pp) and -79.49% in FY2021 (-69.24 pp).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | FCF Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Las Vegas Sands | 25.75 Bn | 12.34 Bn | 1.47 Bn | 18.31% |
| 2 | Flutter Entertainment | 14.42 Bn | 7.81 Bn | 1.52 Bn | 4.93% |
| 3 | Life Time Group Holdings | 10.41 Bn | 9.58 Bn | 419.01 Mn | -2.98% |
| 4 | DraftKings | 9.28 Bn | 4.95 Bn | 551.45 Mn | 7.40% |
| 5 | Wynn Resorts | 8.83 Bn | 2.96 Bn | 655.12 Mn | -6.20% |
| 6 | MGM Resorts International | 8.29 Bn | -1.01 Bn | 1.73 Bn | 7.38% |
| 7 | Madison Square Garden Sports | 7.83 Bn | 7.42 Bn | 119.21 Mn | 20.67% |
| 8 | Light & Wonder | 7.12 Bn | 6.42 Bn | 623.00 Mn | 17.72% |
| 9 | Churchill Downs | 6.92 Bn | 6.15 Bn | 207.00 Mn | 12.79% |
| 10 | Sphere Entertainment | 4.41 Bn | 2.18 Bn | 131.17 Mn | 4.92% |
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2026 | 4.92% |
| Jun 30, 2026 | -15.35% |
| Mar 31, 2026 | 33.99% |
| Dec 31, 2025 | 38.47% |
| Mar 31, 2025 | -3.97% |
| Sep 30, 2024 | 6.83% |
| Mar 31, 2024 | 25.38% |
| Dec 31, 2023 | -6.09% |
| Sep 30, 2023 | -219.98% |
| Jun 30, 2023 | -215.88% |
| Mar 31, 2023 | -75.80% |
| Dec 31, 2022 | -95.63% |
| Sep 30, 2022 | -285.29% |
| Jun 30, 2022 | -146.75% |
| Mar 31, 2022 | -136.84% |
| Dec 31, 2021 | -31.11% |
| Sep 30, 2021 | -92.09% |
| Jun 30, 2021 | -29.16% |
| Mar 31, 2021 | -53.18% |
| Dec 31, 2020 | -68.31% |
Sphere Entertainment FCF Margin API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=fcf-margin&ticker=SPHR&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "fcf-margin", "ticker": "SPHR", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()
const res = await fetch("https://data.businessquant.com/historic?slug=fcf-margin&ticker=SPHR&period=max&api_key=YOUR_API_KEY");
const data = await res.json();