Sphere Entertainment (SPHR) Tax Rate (2019 - 2025)
Sphere Entertainment (SPHR) reported Tax Rate of 41.26% for Q2 2026, down 1229.34 percentage points from the prior quarter.
Sphere Entertainment (SPHR) Tax Rate (2019 - 2025) Analysis & Trends
Over the twelve months ended Jun 30, 2026, Sphere Entertainment's Tax Rate came in at 71.43%; for FY2025, it was 41.61%, up 17.04 percentage points from FY2024.
- Tax Rate has a five-year change of +1.18 percentage points (FY2020 to FY2025).
- By year, Tax Rate came in at 24.58% in FY2024, 37.54% in FY2023 (+23.73 pp), 13.81% in FY2022 (+38.01 pp) and -24.20% in FY2021 (-64.63 pp).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Tax Rate (Qtr) |
|---|---|---|---|---|---|
| 1 | Las Vegas Sands | 24.50 Bn | 10.92 Bn | 1.48 Bn | 19.09% |
| 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 | 15.96% |
| 5 | Life Time Group Holdings | 8.91 Bn | 8.14 Bn | 412.26 Mn | 24.66% |
| 6 | Wynn Resorts | 8.21 Bn | 1.77 Bn | 758.95 Mn | 8.15% |
| 7 | MGM Resorts International | 7.81 Bn | -371.12 Mn | 1.98 Bn | 21.94% |
| 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 |
|---|---|
| Jun 30, 2025 | 44.54% |
| Jun 30, 2023 | 24.24% |
| Dec 31, 2022 | 3.09% |
| Dec 31, 2021 | 44.74% |
| Jun 30, 2020 | 27.95% |
| Dec 31, 2019 | 1.50% |
Sphere Entertainment Tax Rate 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=tax-rate&ticker=SPHR&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "tax-rate", "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=tax-rate&ticker=SPHR&period=max&api_key=YOUR_API_KEY");
const data = await res.json();