Sphere Entertainment (SPHR) | Financial Analysis & Statements
Financial Overview
Latest Annual: 2024Income Metrics
Revenue
1.0B
Gross Profit
479.1M
46.65%
Operating Income
-210.3M
-20.48%
Net Income
-200.6M
-19.54%
EPS (Diluted)
-$5.68
Balance Sheet Metrics
Total Assets
4.8B
Total Liabilities
2.4B
Shareholders Equity
2.4B
Debt to Equity
0.98
Cash Flow Metrics
Operating Cash Flow
-113.5M
Free Cash Flow
-309.4M
Revenue & Profitability Trend
Sphere Entertainment Income Statement From 2020 to 2024
| Metric | 2024 | 2023 | 2022 | 2021 | 2020 |
|---|---|---|---|---|---|
| Revenue | 1.0B | 573.8M | 610.1M | 647.5M | 1.4B |
| Cost of Goods Sold | 547.8M | 342.2M | 320.3M | 262.9M | 790.5M |
| Gross Profit | 479.1M | 231.6M | 289.8M | 384.7M | 645.5M |
| Operating Expenses | 432.9M | 452.1M | 419.8M | 295.5M | 433.2M |
| Operating Income | -210.3M | -251.2M | -152.6M | 72.6M | 100.2M |
| Pre-tax Income | -360.2M | 275.4M | -167.7M | 43.5M | 251.5M |
| Income Tax | -135.6M | 103.4M | -29.8M | 38.9M | 101.7M |
| Net Income | -200.6M | 505.7M | -190.1M | -166.5M | 149.8M |
| EPS (Diluted) | -$5.68 | $14.40 | -$5.77 | -$17.39 | $0.72 |
Income Statement Trend
Sphere Entertainment Balance Sheet From 2020 to 2024
| Metric | 2024 | 2023 | 2022 | 2021 | 2020 |
|---|---|---|---|---|---|
| Assets | |||||
| Current Assets | 865.7M | 623.9M | 1.2B | 1.9B | 1.4B |
| Non-Current Assets | 3.9B | 4.3B | 4.3B | 3.4B | 2.3B |
| Total Assets | 4.8B | 5.0B | 5.5B | 5.3B | 3.7B |
| Liabilities | |||||
| Current Liabilities | 1.4B | 692.1M | 961.1M | 729.9M | 510.0M |
| Non-Current Liabilities | 998.7M | 1.7B | 2.4B | 2.2B | 334.8M |
| Total Liabilities | 2.4B | 2.4B | 3.4B | 3.0B | 844.8M |
| Equity | |||||
| Total Shareholders Equity | 2.4B | 2.6B | 2.2B | 2.3B | 2.9B |
Balance Sheet Composition
Sphere Entertainment Cash Flow Statement From 2020 to 2024
| Metric | 2024 | 2023 | 2022 | 2021 | 2020 |
|---|---|---|---|---|---|
| Operating Activities | |||||
| Net Income | -200.6M | 505.7M | -190.1M | -166.5M | 149.8M |
| Operating Cash Flow | -113.5M | 988.6M | -18.1M | -59.5M | 310.3M |
| Investing Activities | |||||
| Capital Expenditures | - | - | - | - | - |
| Investing Cash Flow | 244.6M | 521.1M | 2.1M | 367.7M | 62.8M |
| Financing Activities | |||||
| Dividends Paid | 0 | -121.5M | -2.3M | -1.8M | 0 |
| Financing Cash Flow | 200.9M | 85.5M | -30.4M | 592.7M | -128.9M |
| Free Cash Flow | -309.4M | -905.4M | -615.4M | -514.7M | -149.2M |
Cash Flow Trend
Sphere Entertainment Key Financial Ratios
Valuation Ratios
P/E Ratio (TTM)
6.80
Forward P/E
-6.61
Price to Book
0.68
Price to Sales
1.34
PEG Ratio
-6.61
Profitability Ratios
Profit Margin
-48.19%
Operating Margin
-27.31%
Return on Equity
-8.31%
Return on Assets
-4.19%
Financial Health
Current Ratio
0.53
Debt to Equity
68.24
Beta
1.65
Per Share Data
EPS (TTM)
-$9.79
Book Value per Share
$59.75
Revenue per Share
$28.63
Peer Financial Comparison
| Company | Market Cap | P/E Ratio | P/B Ratio | ROE | Profit Margin | Debt/Equity |
|---|---|---|---|---|---|---|
| sphr | 1.4B | 6.80 | 0.68 | -8.31% | -48.19% | 68.24 |
| Netflix | 533.5B | 59.19 | 22.21 | 40.84% | 23.07% | 72.51 |
| Walt Disney | 211.7B | 23.98 | 2.03 | 8.89% | 9.48% | 39.43 |
| Lions Gate | 1.9B | -1.80 | -13.19 | 589.16% | -7.34% | -31.33 |
| Lions Gate | 1.9B | -1.61 | -11.81 | 589.16% | -7.34% | -31.33 |
| Imax | 1.5B | 61.83 | 5.10 | 9.87% | 6.98% | 76.15 |
Financial data is updated regularly. All figures are in the company's reporting currency.