Growth Metrics

Sphere Entertainment (SPHR) Return on Capital Employed (2020 - 2026)

Sphere Entertainment posted quarterly Return on Capital Employed of 4.96% for Q1 2026, up 498.0% year-on-year from 0.83% in Q1 2025, and up 42.74% on a QoQ basis from 8.66% in Q4 2025.

Sphere Entertainment (SPHR) has 7 years of Return on Capital Employed data on file, last reported at 4.96% in Q1 2026.

  • For the quarter ending Q1 2026, Return on Capital Employed rose 498.0% year-over-year to 4.96%; the trailing twelve-month figure through Mar 2026 stood at 4.96% (up 498.0% YoY), and the FY2025 full-year result was 6.63%, up 131.0% from the prior year.
  • Return on Capital Employed for Q1 2026 stood at 4.96%, up from 8.66% in the prior quarter.
  • Across five years, Return on Capital Employed topped out at 3.22% in Q1 2022 and bottomed at 11.56% in Q4 2023.
  • The 5-year median for Return on Capital Employed is 6.82% (2023), against an average of 7.36%.
  • The widest annual swing landed in 2023, when Return on Capital Employed plunged 760 bps; it then jumped 498 bps in 2026.
  • A 5-year view of Return on Capital Employed shows it stood at 3.95% in 2022, then sank by 192 bps to 11.56% in 2023, then advanced by 0 bps to 11.53% in 2024, then advanced by 25 bps to 8.66% in 2025, then surged by 43 bps to 4.96% in 2026.
  • The last three Return on Capital Employed figures came in at 4.96% (Q1 2026), 8.66% (Q4 2025), and 11.44% (Q3 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) ROCE (Qtr)
1 Netflix 362.63 Bn 350.34 Bn 11.41 Bn 30.18%
2 Walt Disney 181.67 Bn 188.27 Bn 23.68 Bn -1.85%
3 Warner Bros. Discovery 67.91 Bn 65.77 Bn 4.25 Bn -2.04%
4 Live Nation Entertainment 39.56 Bn 31.10 Bn 1.31 Bn 8.44%
5 Fox 26.01 Bn 22.51 Bn - 12.17%
6 Liberty Media 21.20 Bn 21.87 Bn 298.00 Mn 4.99%
7 Roku 19.03 Bn 16.65 Bn 564.94 Mn 3.21%
8 News 16.98 Bn 15.50 Bn - 7.02%
9 TKO Group Holdings 16.11 Bn 14.42 Bn 862.52 Mn 6.90%
10 Sphere Entertainment 5.26 Bn 4.63 Bn 216.77 Mn -4.96%

Historic Data

Download Data 🔒
DateValue
Mar 31, 2026 -4.96%
Dec 31, 2025 -8.66%
Sep 30, 2025 -11.44%
Mar 31, 2025 -9.93%
Sep 30, 2024 -11.53%
Jun 30, 2024 -9.88%
Mar 31, 2024 -9.78%
Dec 31, 2023 -11.56%
Sep 30, 2023 -6.82%
Jun 30, 2023 -5.67%
Mar 31, 2023 -5.81%
Dec 31, 2022 -3.95%
Sep 30, 2022 -3.61%
Jun 30, 2022 -3.61%
Mar 31, 2022 -3.22%
Dec 31, 2021 -3.61%
Sep 30, 2021 -3.99%
Jun 30, 2021 -4.74%
Mar 31, 2021 -1.39%
Dec 31, 2020 -4.93%
Sep 30, 2020 -1.57%
Jun 30, 2020 -1.83%