Sphere Entertainment (SPHR) Invested Capital (2019 - 2026)
Sphere Entertainment (SPHR) recorded Invested Capital of $3.01 billion in Q2 2026, down 1.6% from the prior quarter.
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Analysis
Sphere Entertainment (SPHR) Invested Capital (2019 - 2026) Analysis & Trends
For FY2025, Sphere Entertainment reported Invested Capital of $3.06 billion, down 13.8% from FY2024.
- Annual Invested Capital has a five-year compound annual growth rate of 5.6% (FY2020 to FY2025).
- Across earlier years, Invested Capital came in at $3.55 billion in FY2024, $3.78 billion in FY2023 (+27.4%), $2.97 billion in FY2022 (-23.5%) and $3.89 billion in FY2021 (+66.5%).
- Per Business Quant, the preceding three quarters came in at $3.06 billion (Q1 2026), $3.06 billion (Q4 2025) and $3.03 billion (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Invested Cap. (Qtr) |
|---|---|---|---|---|---|
| 1 | Las Vegas Sands | 24.50 Bn | 10.92 Bn | 1.48 Bn | 16.16 Bn |
| 2 | DraftKings | 16.89 Bn | 12.55 Bn | 551.45 Mn | 1.14 Bn |
| 3 | Flutter Entertainment | 12.94 Bn | 6.68 Bn | 1.71 Bn | 20.96 Bn |
| 4 | Madison Square Garden Sports | 9.77 Bn | 9.37 Bn | 119.21 Mn | -4.80 Mn |
| 5 | Life Time Group Holdings | 8.91 Bn | 8.14 Bn | 412.26 Mn | 4.80 Bn |
| 6 | Wynn Resorts | 8.21 Bn | 1.77 Bn | 758.95 Mn | 9.82 Bn |
| 7 | MGM Resorts International | 7.81 Bn | -371.12 Mn | 1.98 Bn | 9.44 Bn |
| 8 | Caesars Entertainment | 6.04 Bn | 2.66 Bn | 1.50 Bn | 15.25 Bn |
| 9 | Super Group (SGHC) | 5.74 Bn | 3.73 Bn | - | 857.00 Mn |
| 10 | Sphere Entertainment | 4.83 Bn | 2.72 Bn | 162.58 Mn | 3.01 Bn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 3.01 Bn |
| Mar 31, 2026 | 3.06 Bn |
| Dec 31, 2025 | 3.06 Bn |
| Sep 30, 2025 | 3.03 Bn |
| Jun 30, 2025 | 3.20 Bn |
| Mar 31, 2025 | 3.47 Bn |
| Dec 31, 2024 | 3.55 Bn |
| Sep 30, 2024 | 3.67 Bn |
| Jun 30, 2024 | 3.79 Bn |
| Mar 31, 2024 | 3.84 Bn |
| Dec 31, 2023 | 3.88 Bn |
| Sep 30, 2023 | 3.84 Bn |
| Jun 30, 2023 | 3.78 Bn |
| Mar 31, 2023 | 3.91 Bn |
| Dec 31, 2022 | 4.01 Bn |
| Sep 30, 2022 | 3.66 Bn |
| Jun 30, 2022 | 2.97 Bn |
| Mar 31, 2022 | 3.77 Bn |
| Dec 31, 2021 | 3.79 Bn |
| Sep 30, 2021 | 3.77 Bn |
API Access
Sphere Entertainment Invested Capital 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=invested-capital&ticker=SPHR&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "invested-capital", "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=invested-capital&ticker=SPHR&period=max&api_key=YOUR_API_KEY");
const data = await res.json();