Sphere Entertainment Co. (SPHR)$129.37
Market Cap: 1.01 BCurrency: USD
Research Snapshot
Static fundamentals, valuation context, and investor signals for Sphere Entertainment Co. (SPHR).
COMMUNICATION SERVICES
ENTERTAINMENT
DCF ready
Valuation
4.8x
EV/FCF, 20.7% FCF yield
Quality
1.1%
ROIC, 20.0% FCF margin
Growth
-3.2%
5Y sales (revenue) CAGR
Balance sheet
0.3x
Debt/equity, 1.1x current ratio
Superinvestors
2
Top: John Rogers (3.2%)
Strengths to research
- Free cash flow margin is healthy at 20.0%.
- Debt/equity looks manageable at 0.3x.
- 8 annual periods are available for trend analysis.
Watchouts
- P/E is elevated at 174.8x.
- Five-year revenue trend is negative at -3.2%.
Annual data: 8 periods
Quarterly data: 24 periods
Stock snapshot: May 25, 2026
Static dataset: May 25, 2026
Quality Scorecard
Build-time composite score for SPHR.
Grade F
24
/ 100
Peer Comparison
Target stock against 8 market-cap comparable peers.
Heat map: red worst to green best
| SPHR Target | Sphere Entertainment Co. | $1.0B | 174.8x | 4.8x | 1.1% | -3.2% | 20.0% | N/A | 1.6x | N/A |
| PLAY | Dave & Buster's Ent. Inc. | $678.9M | -8.4x | -22.0x | -3.0% | 36.9% | -4.8% | N/A | 4.2x | N/A |
| MANU | Manchester United plc | $2.4B | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| BATRK | Atlanta Braves Holdings Inc. Series C | $2.5B | -133.8x | -45.8x | -1.8% | N/A | -9.3% | N/A | 10.3x | N/A |
| BATRA | Atlanta Braves Holdings Inc. Series A | $2.5B | -143.5x | -45.9x | -1.8% | N/A | -9.3% | N/A | 10.3x | N/A |
| CNK | Cinemark Holdings Inc. | $3.5B | 25.4x | N/A | N/A | 35.3% | N/A | N/A | N/A | N/A |
| MSGS | Madison Square Garden Sports Corp. | $4.5B | -380.5x | 49.9x | N/A | 11.5% | 8.5% | N/A | -8.0x | N/A |
| LLYVA | Liberty Media Corp. Series A Live | $6.8B | N/A | -269.8x | -5.4% | N/A | -7.7% | N/A | N/A | N/A |
| LLYVK | Liberty Media Corp. Series C Live | $6.8B | N/A | -269.9x | -5.4% | N/A | -7.7% | N/A | N/A | N/A |
Financial Charts
No financial data available for SPHR (annual).
2 superinvestors own SPHR
Current quarter ownership and quarter-over-quarter share changes.
Superinvestor ownership
| Fund | Shares | Value | % Portfolio | QoQ Change |
|---|---|---|---|---|
| John Rogers Ariel Appreciation Fund | 2,462,309 | $289M | 3.24% | 0.0% |
| Polen Capital Management Polen Capital Management | 48,293 | $6M | 0.04% | 0.0% |