Sphere Entertainment Co. | Mid-cap | Communication Services
$63.43
0.73%
| Sphere Entertainment Stock Comparison:
Sphere Entertainment vs NetflixSphere Entertainment vs Walt DisneySphere Entertainment vs EndeavorSphere Entertainment vs Liberty MediaSphere Entertainment vs Liberty MediaSphere Entertainment vs S&P 500 | Market
TL;DR Income Statement Balance Sheet Cash Flow Key Ratios Peer Comparison

TL;DR: Financial Overview - Revenue, Profits & Key Metrics

Latest Quarterly: Mar 2025

Income Metrics

Revenue 280.6M
Gross Profit 122.3M 43.57%
Operating Income -76.2M -27.18%
Net Income -82.0M -29.21%
EPS (Diluted) $-2.27

Balance Sheet Metrics

Total Assets 4.4B
Total Liabilities 2.3B
Shareholders Equity 2.1B
Debt to Equity 1.08

Cash Flow Metrics

Operating Cash Flow 15.7M
Free Cash Flow -11.1M

Revenue & Profitability Trend

Sphere Entertainment Income Statement From 2020 to 2024

Metric20242023202220212020
Revenue i1.0B573.8M610.1M647.5M1.4B
Cost of Goods Sold i547.8M342.2M320.3M262.9M790.5M
Gross Profit i479.1M231.6M289.8M384.7M645.5M
Gross Margin % i46.7%40.4%47.5%59.4%45.0%
Operating Expenses
Research & Development i-----
Selling, General & Administrative i432.9M452.1M419.8M295.5M433.2M
Other Operating Expenses i-----
Total Operating Expenses i432.9M452.1M419.8M295.5M433.2M
Operating Income i-210.3M-251.2M-152.6M72.6M100.2M
Operating Margin % i-20.5%-43.8%-25.0%11.2%7.0%
Non-Operating Items
Interest Income i25.7M11.6M3.6M3.2M22.2M
Interest Expense i79.9M0020.2M36.6M
Other Non-Operating Income-95.8M515.1M-18.7M-12.0M168.4M
Pre-tax Income i-360.2M275.4M-167.7M43.5M251.5M
Income Tax i-135.6M103.4M-29.8M38.9M101.7M
Effective Tax Rate % i0.0%37.5%0.0%89.4%40.4%
Net Income i-200.6M505.7M-190.1M-166.5M149.8M
Net Margin % i-19.5%88.1%-31.2%-25.7%10.4%
Key Metrics
EBITDA i63.5M-147.1M-29.9M192.6M227.3M
EPS (Basic) i$-5.68$14.51$-5.77$-17.39$0.72
EPS (Diluted) i$-5.68$14.40$-5.77$-17.39$0.72
Basic Shares Outstanding i3530100034651000342550002420500023998000
Diluted Shares Outstanding i3530100034651000342550002420500023998000

Income Statement Trend

Sphere Entertainment Balance Sheet From 2020 to 2024

Metric20242023202220212020
Assets
Current Assets
Cash & Equivalents i559.8M132.0M747.3M1.5B906.6M
Short-term Investments i---0337.2M
Accounts Receivable i228.2M112.3M123.3M184.6M57.2M
Inventory i11.9M0---
Other Current Assets8.2M4.7M5.9M37.8M22.6M
Total Current Assets i865.7M623.9M1.2B1.9B1.4B
Non-Current Assets
Property, Plant & Equipment i106.5M84.9M66.2M686.4M565.6M
Goodwill i972.2M931.5M934.6M1.3B362.8M
Intangible Assets i31.9M17.9M21.0M262.1M214.2M
Long-term Investments-----
Other Non-Current Assets124.5M86.7M1.6B166.8M85.1M
Total Non-Current Assets i3.9B4.3B4.3B3.4B2.3B
Total Assets i4.8B5.0B5.5B5.3B3.7B
Liabilities
Current Liabilities
Accounts Payable i18.9M39.7M2.0M26.6M17.3M
Short-term Debt i868.0M92.6M72.6M127.4M58.8M
Current Portion of Long-term Debt-----
Other Current Liabilities--607.6M--
Total Current Liabilities i1.4B692.1M961.1M729.9M510.0M
Non-Current Liabilities
Long-term Debt i650.8M1.2B1.0B1.9B202.3M
Deferred Tax Liabilities i225.2M379.6M144.4M200.3M12.4M
Other Non-Current Liabilities122.7M88.8M91.5M157.3M78.3M
Total Non-Current Liabilities i998.7M1.7B2.4B2.2B334.8M
Total Liabilities i2.4B2.4B3.4B3.0B844.8M
Equity
Common Stock i354.0K347.0K342.0K340.0K240.0K
Retained Earnings i11.4M212.0M-290.7M-96.3M142.3M
Treasury Stock i-----
Other Equity-----
Total Shareholders Equity i2.4B2.6B2.2B2.3B2.9B
Key Metrics
Total Debt i1.5B1.3B1.1B2.0B261.2M
Working Capital i-508.0M-68.2M257.6M1.1B916.5M

Balance Sheet Composition

Sphere Entertainment Cash Flow Statement From 2020 to 2024

Metric20242023202220212020
Operating Activities
Net Income i-200.6M505.7M-190.1M-166.5M149.8M
Depreciation & Amortization i256.5M103.4M124.6M122.0M112.1M
Stock-Based Compensation i48.0M62.7M77.1M70.6M61.4M
Working Capital Changes i-108.9M188.9M-8.6M-42.1M-27.6M
Operating Cash Flow i-113.5M988.6M-18.1M-59.5M310.3M
Investing Activities
Capital Expenditures i-----
Acquisitions i246.3M516.7M1.1M197.0K227.5M
Investment Purchases i--00-443.2M
Investment Sales i04.4M0361.2M215.9M
Investing Cash Flow i244.6M521.1M2.1M367.7M62.8M
Financing Activities
Share Repurchases i--00-293.5M
Dividends Paid i0-121.5M-2.3M-1.8M0
Debt Issuance i316.6M302.7M725.0M630.5M100.0M
Debt Repayment i-83.8M-74.9M-752.8M-46.8M-56.2M
Financing Cash Flow i200.9M85.5M-30.4M592.7M-128.9M
Free Cash Flow i-309.4M-905.4M-615.4M-514.7M-149.2M
Net Change in Cash i332.0M1.6B-46.4M900.9M244.2M

Cash Flow Trend

Sphere Entertainment Key Financial Ratios

Valuation Ratios

P/E Ratio (TTM) 6.80
Forward P/E -10.19
Price to Book 0.98
Price to Sales 2.18
PEG Ratio -10.19

Profitability Ratios

Profit Margin -28.70%
Operating Margin -16.25%
Return on Equity -8.31%
Return on Assets -4.19%

Financial Health

Current Ratio 1.13
Debt to Equity 44.03
Beta 1.78

Per Share Data

EPS (TTM) $-9.79
Book Value per Share $64.27
Revenue per Share $28.75

Peer Financial Comparison

CompanyMarket CapP/E RatioP/B RatioROEProfit MarginDebt/Equity
sphr2.3B6.800.98-8.31%-28.70%44.03
Netflix 506.7B49.1219.6443.55%24.58%67.87
Walt Disney 203.1B17.631.8511.46%12.22%37.15
Endeavor 9.5B42.292.28-4.88%-11.00%63.00
Liberty Media 8.5B313.48-16.989.20%0.00%-3.62
Liberty Media 8.3B312.85-16.499.20%0.00%-3.62

Financial data is updated regularly. All figures are in the company's reporting currency.