Sphere Entertainment (SPHR) Return on Capital Employed [ROCE] (2020 - 2026)
Sphere Entertainment's Return on Capital Employed [ROCE] was -4.79% in Q2 2026, down 0.30 percentage points from the prior quarter.
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Analysis
Sphere Entertainment (SPHR) Return on Capital Employed [ROCE] (2020 - 2026) Analysis & Trends
For FY2025, Return on Capital Employed [ROCE] at Sphere Entertainment came in at -6.63%, up 1.31 percentage points from FY2024.
- Return on Capital Employed [ROCE] shows a five-year change of -14.43 percentage points (FY2020 to FY2025).
- In earlier years, Return on Capital Employed [ROCE] was -7.94% in FY2024, -5.99% in FY2023 (-3.68 pp), -2.31% in FY2022 (+2.67 pp) and -4.98% in FY2021 (-12.78 pp).
- Quarterly Return on Capital Employed [ROCE] has moved between -10.83% (Q3 2025) and -4.49% (Q1 2026) over five years.
- Per Business Quant data, SPHR's Return on Capital Employed [ROCE] in the three quarters before Q2 2026 was -4.49% (Q1 2026), -7.04% (Q4 2025) and -10.83% (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | ROCE (Qtr) |
|---|---|---|---|---|---|
| 1 | Las Vegas Sands | 25.75 Bn | 12.34 Bn | 1.47 Bn | 18.93% |
| 2 | Flutter Entertainment | 14.42 Bn | 7.81 Bn | 1.52 Bn | -4.45% |
| 3 | Life Time Group Holdings | 10.41 Bn | 9.58 Bn | 419.01 Mn | 7.34% |
| 4 | DraftKings | 9.28 Bn | 4.95 Bn | 551.45 Mn | -6.65% |
| 5 | Wynn Resorts | 8.83 Bn | 2.96 Bn | 655.12 Mn | 9.86% |
| 6 | MGM Resorts International | 8.29 Bn | -1.01 Bn | 1.73 Bn | 3.44% |
| 7 | Madison Square Garden Sports | 7.83 Bn | 7.42 Bn | 119.21 Mn | 3.28% |
| 8 | Light & Wonder | 7.12 Bn | 6.42 Bn | 623.00 Mn | 12.02% |
| 9 | Churchill Downs | 6.92 Bn | 6.15 Bn | 207.00 Mn | 12.42% |
| 10 | Sphere Entertainment | 4.41 Bn | 2.18 Bn | 131.17 Mn | -7.06% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2026 | -7.06% |
| Jun 30, 2026 | -4.79% |
| Mar 31, 2026 | -4.49% |
| Dec 31, 2025 | -7.04% |
| Sep 30, 2025 | -10.83% |
| Jun 30, 2025 | -8.37% |
| 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% |
API Access
Sphere Entertainment Return on Capital Employed [ROCE] 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=return-on-capital-employed-%5Broce%5D&ticker=SPHR&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "return-on-capital-employed-[roce]", "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=return-on-capital-employed-%5Broce%5D&ticker=SPHR&period=max&api_key=YOUR_API_KEY");
const data = await res.json();