Sphere Entertainment (SPHR) Minority Interest (2019 - 2023)
Sphere Entertainment's (SPHR) quarterly Minority Interest came in at $138.8 million in Q1 2023, up 0.75% on a YoY basis from $137.8 million in Q1 2022, and down 27.03% quarter-over-quarter from $190.2 million in Q4 2022.
Analysis
Sphere Entertainment (SPHR) Minority Interest (2019 - 2023) Analysis & Trends
Sphere Entertainment (SPHR) has reported Minority Interest for 5 consecutive years, with $138.8 million the latest figure, recorded in Q1 2023.
- For the quarter ending Q1 2023, Minority Interest rose 0.75% year-over-year to $138.8 million; the trailing twelve-month figure through Mar 2023 stood at $138.8 million (up 0.75% YoY), and the FY2022 full-year result was $184.2 million, up 33.63% from the prior year.
- Minority Interest eased to $138.8 million in Q1 2023 per SPHR's latest filing, from $190.2 million in the prior quarter.
- Across five years, Minority Interest topped out at $190.2 million in Q4 2022 and bottomed at $14.5 million in Q4 2020.
- Historically, Minority Interest has averaged $95.5 million across 5 years, with a median of $71.8 million in 2019.
- The sharpest annual moves came in 2020 and 2021: Minority Interest tumbled 78.57% in 2020, then surged 876.44% in 2021.
- Over 5 years, Minority Interest stood at $67.9 million in 2019, then sank by 78.57% to $14.5 million in 2020, then soared by 876.44% to $142.0 million in 2021, then jumped by 33.96% to $190.2 million in 2022, then retreated by 27.03% to $138.8 million in 2023.
- According to Business Quant data, Minority Interest over the past three periods registered $138.8 million, $190.2 million, and $185.7 million for Q1 2023, Q4 2022, and Q3 2022 respectively.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Madison Square Garden Sports | 9.43 Bn | 9.27 Bn | 119.21 Mn |
| 2 | Sphere Entertainment | 5.15 Bn | 4.60 Bn | 162.58 Mn |
| 3 | Vail Resorts | 4.74 Bn | 4.36 Bn | - |
| 4 | Atlanta Braves Holdings | 3.58 Bn | 3.40 Bn | 53.08 Mn |
| 5 | Manchester United | 3.54 Bn | 3.45 Bn | 209.64 Mn |
| 6 | Lucky Strike Entertainment | 793.15 Mn | 753.79 Mn | 199.97 Mn |
| 7 | Seaport Entertainment | 336.56 Mn | 218.77 Mn | 18.12 Mn |
| 8 | Dave & Buster's Entertainment | 303.28 Mn | 283.68 Mn | 372.50 Mn |
| 9 | Rci Hospitality Holdings | 221.02 Mn | 194.61 Mn | - |
| 10 | Aureus Greenway Holdings | 181.97 Mn | 139.22 Mn | - |
Historic Data
Download Data
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 |