Growth Metrics

Sphere Entertainment (SPHR) Invested Capital (2019 - 2026)

Sphere Entertainment filings provide 7 years of Invested Capital readings, the most recent being $2.9 billion for Q4 2025.

  • On a quarterly basis, Invested Capital fell 3.45% to $2.9 billion in Q4 2025 year-over-year; TTM through Dec 2025 was $2.9 billion, a 3.45% decrease, with the full-year FY2025 number at $2.9 billion, down 3.45% from a year prior.
  • Invested Capital hit $2.9 billion in Q4 2025 for Sphere Entertainment, up from $2.9 billion in the prior quarter.
  • In the past five years, Invested Capital ranged from a high of $3.9 billion in Q4 2023 to a low of $1.2 billion in Q3 2023.
  • Median Invested Capital over the past 5 years was $2.6 billion (2021), compared with a mean of $2.7 billion.
  • Biggest five-year swings in Invested Capital: plummeted 39.77% in 2023 and later surged 204.49% in 2024.
  • Sphere Entertainment's Invested Capital stood at $2.2 billion in 2021, then fell by 2.88% to $2.1 billion in 2022, then soared by 83.36% to $3.9 billion in 2023, then decreased by 22.09% to $3.0 billion in 2024, then decreased by 3.45% to $2.9 billion in 2025.
  • The last three reported values for Invested Capital were $2.9 billion (Q4 2025), $2.9 billion (Q3 2025), and $3.1 billion (Q2 2025) per Business Quant data.