Sphere Entertainment reported a gross margin of 51.84% and a net margin of -12.37% for the quarter ended Jun 2026. These financial ratios cover 30 quarters of results from Mar 2019 through Jun 2026, standardized by Business Quant from the company’s SEC filings.
| Ratios | Mar2019 | Jun2019 | Sep2019 | Dec2019 | Mar2020 | Jun2020 | Sep2020 | Dec2020 | Mar2021 | Jun2021 | Sep2021 | Dec2021 | Mar2022 | Jun2022 | Sep2022 | Dec2022 | Mar2023 | Jun2023 | Sep2023 | Dec2023 | Mar2024 | Jun2024 | Sep2024 | Dec2024 | Mar2025 | Jun2025 | Sep2025 | Dec2025 | Mar2026 | Jun2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Profitability | ||||||||||||||||||||||||||||||
| Gross Margin | -17.17% | -84.29% | -56.16% | -103.76% | -106.21% | -118.73% | 42.20% | 35.92% | 28.39% | 49.14% | 52.06% | 48.96% | 46.12% | 43.57% | 45.62% | 47.82% | 56.10% | 51.84% | ||||||||||||
| EBT Margin | -67.55% | 5.65% | -7.73% | -83.33% | -33.73% | 45.63% | -63.38% | 367.70% | -19.67% | -57.52% | -19.64% | -26.28% | -35.80% | -36.45% | -50.69% | -52.08% | -0.10% | -20.81% | ||||||||||||
| EBIT Margin | -37.06% | -18.21% | -13.20% | -44.26% | -41.46% | -31.17% | -62.88% | -54.49% | -59.14% | -50.83% | -12.57% | -18.79% | -27.88% | -28.02% | -38.36% | -49.41% | 1.86% | -19.53% | ||||||||||||
| EBITDA Margin | -19.30% | -1.98% | -1.69% | -44.26% | -20.91% | -15.49% | -49.17% | -54.49% | -59.14% | -50.83% | -12.57% | -18.79% | -27.88% | -28.02% | -38.36% | -49.41% | 1.86% | -19.53% | ||||||||||||
| Operating Margin | -37.06% | -18.21% | -13.20% | -44.26% | -41.46% | -31.17% | -62.88% | -54.49% | -59.14% | -50.83% | -12.57% | -18.79% | -27.88% | -28.02% | -38.36% | -49.41% | 1.86% | -19.53% | ||||||||||||
| Net Margin | -81.98% | 19.89% | -6.90% | -102.19% | -33.93% | 105.57% | -36.13% | 416.52% | 56.29% | -55.15% | -19.57% | -19.92% | -24.20% | -29.21% | -28.71% | -38.55% | -0.41% | -12.37% | ||||||||||||
| FCF Margin | -92.09% | -31.11% | -18.97% | -146.75% | -285.29% | -65.06% | -138.53% | -215.88% | -219.98% | 9.18% | 25.38% | -0.95% | 1.21% | -3.97% | 15.23% | 33.99% | -15.35% | |||||||||||||
| Efficiency | ||||||||||||||||||||||||||||||
| Assets AverageAssets Avg. | 5,313.90M | 5,430.50M | 5,551.75M | 5,551.29M | 5,474.11M | 5,637.86M | 5,949.57M | 5,511.25M | 4,918.83M | 4,873.97M | 4,876.05M | 4,828.35M | 4,690.28M | 4,553.98M | 4,481.46M | 4,323.34M | 4,168.81M | 4,174.24M | 4,216.30M | 4,129.33M | ||||||||||
| Invested CapitalInvested Cap. | 3,793.64M | 3,847.65M | 3,847.76M | 3,009.49M | 3,657.53M | 4,006.67M | 3,914.48M | 3,784.75M | 3,946.26M | 4,780.02M | 4,717.50M | 3,787.72M | 4,506.14M | 3,554.55M | 4,284.06M | 3,203.02M | 3,029.96M | 3,063.69M | 3,058.32M | 3,008.26M | ||||||||||
| Asset Utilization RatioAsset Util. | 0.15 | 0.14 | 0.13 | 0.11 | 0.11 | 0.10 | 0.10 | 0.10 | 0.12 | 0.15 | 0.18 | 0.28 | 0.44 | 0.45 | 0.27 | 0.20 | 0.09 | 0.10 | ||||||||||||
| Leverage & Solvency | ||||||||||||||||||||||||||||||
| Interest Coverage RatioInterest Cover | -5.67 | -3.58 | -3.81 | -15.82 | -23.56 | -55.63 | -6.18 | -1.49 | -2.07 | -2.83 | -3.00 | -5.85 | -13.80 | 0.90 | -7.41 | |||||||||||||||
| Debt Ratio | 0.32 | 0.31 | 0.31 | 0.19 | 0.32 | 0.34 | 0.31 | 0.24 | 0.27 | 0.47 | 0.47 | 0.29 | 0.48 | 0.30 | 0.48 | 0.21 | 0.21 | 0.20 | 0.19 | 0.19 | ||||||||||
| Times Interest Earned | -5.67 | -3.58 | -3.81 | -15.82 | -23.56 | -55.63 | -6.18 | -1.49 | -2.07 | -2.83 | -3.00 | -5.85 | -13.80 | 0.90 | -7.41 | |||||||||||||||
| Dividends & Payouts | ||||||||||||||||||||||||||||||
| Dividend Coverage RatioDiv. Cover | 30.17 | 12.95 | 42.42 | -78.84 | 211.85 | |||||||||||||||||||||||||
| FCF Payout RatioFCF Cover | -0.02 | 0.03 | 0.02 | 0.00 | -0.01 | |||||||||||||||||||||||||
| Dividend YieldDiv. Yield | 0.10% | -0.07% | -0.40% | 0.08% | 0.11% | |||||||||||||||||||||||||
| Payout Ratio | 0.03 | 0.08 | 0.02 | -0.01 | 0.00 | |||||||||||||||||||||||||
| Valuation | ||||||||||||||||||||||||||||||
| Price to EarningsP/E | -9.89 | 34.83 | -113.94 | -5.83 | -16.84 | 4.28 | -16.18 | 1.77 | 19.64 | -6.89 | -27.57 | -10.47 | -7.94 | 0.00M | -14.37 | 9.65 | -22.22 | -0.00M | -160.21 | |||||||||||
| Price to SalesP/S | 8.11 | 6.93 | 7.86 | 5.96 | 5.71 | 4.52 | 5.85 | 7.36 | 11.06 | 3.80 | 5.40 | 2.08 | 1.92 | 4.20 | -2.77 | 8.57 | 9.09 | 19.81 | ||||||||||||
| Price to BookP/B | 0.55 | 0.52 | 0.62 | 0.42 | 0.37 | 0.36 | 0.47 | 0.37 | 0.49 | 0.48 | 0.71 | 0.51 | 0.68 | 0.66 | 0.55 | 0.65 | 1.04 | 1.54 | 1.56 | 2.79 | ||||||||||
| Enterprise Value | -67.91M | -26.32M | 437.66M | 256.28M | 430.25M | 356.87M | 728.06M | 520.74M | 852.97M | 565.19M | 1,039.95M | 666.49M | 1,027.18M | 928.91M | 699.70M | 1,135.86M | 1,850.49M | 2,908.18M | 2,882.57M | 5,662.15M | ||||||||||
| EV to EBIT | 1.30 | 0.90 | -19.73 | -4.14 | -8.43 | -7.18 | -7.14 | -7.40 | -12.22 | -3.54 | -25.75 | -5.96 | -4.48 | -8.90 | 5.45 | -14.27 | 400.25 | -92.43 | ||||||||||||
| EV to EBITDA | 2.49 | 8.29 | -154.27 | -4.14 | -16.71 | -14.44 | -9.14 | -7.40 | -12.22 | -3.54 | -25.75 | -5.96 | -4.48 | -8.90 | 5.45 | -14.27 | 400.25 | -92.43 | ||||||||||||
| Market Capitalization | 1,147.15M | 1,113.69M | 1,320.63M | 832.40M | 703.44M | 720.39M | 947.35M | 949.86M | 1,304.72M | 1,193.01M | 1,733.90M | 1,239.72M | 1,580.40M | 1,444.54M | 1,177.90M | 1,504.79M | 2,248.74M | 3,429.44M | 3,512.73M | 6,214.17M | ||||||||||
| Price to FCFP/FCF | -8.81 | -22.27 | -41.43 | -4.06 | -2.00 | -6.94 | -4.22 | -3.41 | -5.03 | 41.38 | 21.26 | -219.23 | 159.20 | -105.70 | -18.19 | 26.74 | -129.10 | |||||||||||||
| EV to FCF | 0.52 | 0.53 | -13.73 | -1.25 | -1.22 | -3.44 | -3.24 | -1.87 | -3.29 | 19.61 | 12.75 | -117.86 | 103.47 | -62.79 | -13.73 | 21.95 | -117.63 | |||||||||||||
| EV to CFO | -9.72 | -0.21 | -16.46 | 7.29 | -5.30 | 2.62 | 8.79 | 33.03 | -9.01 | 12.18 | 10.29 | 23.33 | 16.39 | 110.22 | -9.81 | 21.16 | -168.23 | |||||||||||||
| Return Ratios | ||||||||||||||||||||||||||||||
| Return on Sales [ROS]ROS | -37.06% | -18.21% | -13.20% | -44.26% | -41.46% | -31.17% | -62.88% | -54.49% | -59.14% | -50.83% | -12.57% | -18.79% | -27.88% | -28.02% | -38.36% | -49.41% | 1.86% | -19.53% | ||||||||||||
| Return on Capital Employed [ROCE]ROCE | -3.99% | -3.61% | -3.22% | -3.61% | -3.61% | -3.95% | -5.81% | -5.67% | -6.82% | -11.56% | -9.78% | -11.05% | -16.04% | -14.84% | -5.57% | -6.61% | 0.21% | 0.70% | ||||||||||||
| Return on Invested Capital [ROIC]ROIC | -4.95% | -4.71% | -4.22% | -4.17% | -4.67% | -4.32% | -6.49% | -4.79% | -6.86% | -7.64% | -6.57% | -6.09% | -10.87% | -9.28% | -5.45% | -7.15% | -0.15% | 0.23% | ||||||||||||
| Return on Assets [ROA]ROA | -5.18% | -3.38% | -3.05% | -4.29% | -3.00% | -0.49% | -1.26% | 10.99% | 14.52% | 7.64% | 7.55% | -5.97% | -11.81% | -8.34% | -8.90% | -2.88% | -0.64% | -0.65% | 1.40% | -3.27% |