Growth Metrics

Sphere Entertainment (SPHR) Invested Capital (2019 - 2025)

Sphere Entertainment (SPHR) has disclosed Invested Capital for 7 consecutive years, with $692.7 million as the latest value for Q4 2025.

  • For the quarter ending Q4 2025, Invested Capital fell 77.14% year-over-year to $692.7 million, compared with a TTM value of $2.9 billion through Sep 2025, down 21.44%, and an annual FY2025 reading of $692.7 million, changed N/A over the prior year.
  • Invested Capital was $692.7 million for Q4 2025 at Sphere Entertainment, down from $2.9 billion in the prior quarter.
  • Across five years, Invested Capital topped out at $3.9 billion in Q4 2023 and bottomed at $265.0 million in Q2 2023.
  • Average Invested Capital over 5 years is $2.6 billion, with a median of $2.3 billion recorded in 2021.
  • The sharpest move saw Invested Capital tumbled 86.94% in 2023, then skyrocketed 1333.7% in 2024.
  • Year by year, 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 crashed by 77.14% to $692.7 million in 2025.
  • Business Quant data shows Invested Capital for SPHR at $692.7 million in Q4 2025, $2.9 billion in Q3 2025, and $3.1 billion in Q2 2025.