Sphere Entertainment (SPHR) Minority Interest (2019 - 2023)
Sphere Entertainment's Minority Interest was $138.81 million in Q3 2023, up 0.8% from $137.78 million a year earlier but down 27.0% from the prior quarter.
Sphere Entertainment (SPHR) Minority Interest (2019 - 2023) Analysis & Trends
At the end of FY2022, Minority Interest at Sphere Entertainment came in at $184.19 million, up 33.6% from FY2021.
- Minority Interest shows a four-year compound annual growth rate of 24.5% (FY2018 to FY2022).
- In earlier years, Minority Interest was $137.83 million in FY2021 (+569.1%), $20.6 million in FY2020 (-69.5%), $67.63 million in FY2019 (-11.8%) and $76.68 million in FY2018.
- Quarterly Minority Interest has moved between $14.54 million (Q2 2021) and $190.22 million (Q2 2023) over five years.
- Compared with a year earlier, Minority Interest has increased for eight straight quarters, with growth averaging 374.1% over the last eight quarters.
- The best year-over-year quarter for Minority Interest over five years was Q2 2022 (growth of 876.4%); the worst was Q2 2021 (a decline of 78.6%).
- Per Business Quant data, SPHR's Minority Interest in the three quarters before Q3 2023 was $190.22 million (Q2 2023), $185.71 million (Q1 2023) and $184.19 million (Q4 2022).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Las Vegas Sands | 24.50 Bn | 10.92 Bn | 1.48 Bn |
| 2 | DraftKings | 16.89 Bn | 12.55 Bn | 551.45 Mn |
| 3 | Flutter Entertainment | 12.94 Bn | 6.68 Bn | 1.71 Bn |
| 4 | Madison Square Garden Sports | 9.77 Bn | 9.37 Bn | 119.21 Mn |
| 5 | Life Time Group Holdings | 8.91 Bn | 8.14 Bn | 412.26 Mn |
| 6 | Wynn Resorts | 8.21 Bn | 1.77 Bn | 758.95 Mn |
| 7 | MGM Resorts International | 7.81 Bn | -371.12 Mn | 1.98 Bn |
| 8 | Caesars Entertainment | 6.04 Bn | 2.66 Bn | 1.50 Bn |
| 9 | Super Group (SGHC) | 5.74 Bn | 3.73 Bn | - |
| 10 | Sphere Entertainment | 4.83 Bn | 2.72 Bn | 162.58 Mn |
Historic Data
| Date | Value |
|---|---|
| Mar 31, 2023 | 138.81 Mn |
| Dec 31, 2022 | 190.22 Mn |
| Sep 30, 2022 | 185.71 Mn |
| Jun 30, 2022 | 184.19 Mn |
| Mar 31, 2022 | 137.78 Mn |
| Dec 31, 2021 | 142.00 Mn |
| Sep 30, 2021 | 140.41 Mn |
| Jun 30, 2021 | 137.83 Mn |
| Mar 31, 2021 | 16.50 Mn |
| Dec 31, 2020 | 14.54 Mn |
| Sep 30, 2020 | 17.30 Mn |
| Jun 30, 2020 | 20.60 Mn |
| Mar 31, 2020 | 23.00 Mn |
| Dec 31, 2019 | 67.88 Mn |
| Sep 30, 2019 | 66.99 Mn |
| Jun 30, 2019 | 67.63 Mn |
| Mar 31, 2019 | 71.76 Mn |
Sphere Entertainment Minority Interest 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=minority-interest&ticker=SPHR&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "minority-interest", "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=minority-interest&ticker=SPHR&period=max&api_key=YOUR_API_KEY");
const data = await res.json();