Sphere Entertainment Co. Financial Ratios — SPHR Stock

Profitability (USD)

	2017 Y	2018 Y	2019 Y	2020 Y	2021 Y	2022 Y	2023 Y	2024 Y	2025 Y
As of date	06/30/2017	06/30/2018	06/30/2019	06/30/2020	06/30/2021	06/30/2022	06/30/2023	06/30/2024	12/31/2025

Return on Common Equity (%)	- -	0.56	-0.32	13.16	- -	- -	- -	-179.05	- -
Return on Assets (%)	- -	0.42	-0.25	5.16	-3.28	-3.6	9.58	-4.11	0.74
Return on Capital (%)	- -	- -	- -	14.75	-10.2	- -	39.58	- -	6.47
Return on Invested Capital (%)	- -	- -	- -	2.04	0.21	- -	-4.38	- -	-2.43
Gross Margin (%)	27.28	35.77	36.06	44.95	59.4	47.5	40.36	46.65	51.64
EBITDA Margin (%)	-0.05	8.17	6.08	14.78	30.05	-4.58	-25.77	4.5	15.42
Operating Margin (%)	-13.84	-3.16	-4.35	6.98	11.21	-25.01	-43.78	-20.48	-12.15
Incremental Operating Margin (%)	- -	- -	- -	37.67	3.51	- -	- -	- -	- -
Pretax Margin (%)	-16.94	-2.93	-1.91	17.51	6.72	-27.49	48	-35.08	4.69
Profit Margin (%)	-15.27	0.7	-0.78	12.66	-22.88	-31.87	87.62	-19.54	2.74
Net Income to Common Margin (%)	-15.27	0.7	-0.78	12.66	-22.88	-31.87	87.62	-19.54	2.74
Effective Tax Rate (%)	- -	- -	- -	40.43	89.38	- -	37.54	- -	41.61
Dvd Payout Ratio (%)	- -	- -	- -	- -	-12.88	-1.69	69.46	- -	- -
Sustainable Growth Rate (%)	- -	0.56	-0.32	13.16	- -	- -	- -	-179.05	- -

Credit (USD)

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	2017 Y	2018 Y	2019 Y	2020 Y	2021 Y	2022 Y	2023 Y	2024 Y	2025 Y
As of date	06/30/2017	06/30/2018	06/30/2019	06/30/2020	06/30/2021	06/30/2022	06/30/2023	06/30/2024	12/31/2025

Total Debt	- -	106	55	261	2,012	1,087	1,321	1,519	961
ST Debt	- -	4	6	59	127	73	93	868	80
LT Debt	- -	101	49	202	1,884	1,014	1,229	651	881
Total Debt/EBITDA	- -	1.31	0.86	1.23	10.34	-38.87	-8.94	32.86	5.11
Net Debt/EBITDA	- -	-13.86	-16.12	-4.11	0.96	-8.88	-7.23	17.58	1.71
Total Debt/EBIT	- -	-3.38	-1.2	2.61	27.72	-7.12	-5.26	-7.22	-6.48
Net Debt/EBIT	- -	35.8	22.53	-8.71	2.59	-1.63	-4.25	-3.86	-2.18
EBITDA to Interest Expense	-0.17	6.65	11.41	5.81	9.62	- -	- -	0.58	2.67
EBITDA-CapEx/Interest Expense	-0.17	6.65	11.41	5.81	9.62	- -	- -	0.58	2.67
EBIT to Interest Expense	-51.09	-2.57	-8.16	2.74	3.59	- -	- -	-2.63	-2.1
Interest Expense	2	12	6	37	20	- -	- -	80	71
Common Equity/Total Assets	- -	75.37	78.99	3.82	-1.81	-5.26	4.27	0.25	-4.42
Long-Term Debt/Equity (%)	- -	3.95	1.83	7	81.28	46.95	47.55	26.94	39.46
Long-Term Debt/Capital (%)	- -	3.79	1.76	46.36	91.23	102.16	80.11	42.52	113.66
Long-Term Debt/Total Assets (%)	- -	3.08	1.46	5.42	35.62	18.36	24.71	13.59	20.93
Total Debt/Equity (%)	- -	4.12	2.06	9.04	86.77	50.31	51.14	62.87	43.05
Total Debt/Capital (%)	- -	3.96	1.98	59.83	97.4	109.48	86.15	99.23	124
Total Debt/Total Assets (%)	- -	3.21	1.65	7	38.03	19.68	26.57	31.72	22.84
Net Debt to Equity	- -	-43.64	-38.72	-30.22	8.09	11.49	41.37	33.63	14.45
Net Debt/Capital (%)	- -	-77.43	-61.42	185.72	34.21	101.25	76.26	83.69	120.58
EBITDA	- -	81	64	212	195	-28	-148	46	188
EBITDA-CapEx	- -	81	64	212	195	-28	-148	46	188
Operating Income (Loss)	-98	-31	-46	100	73	-153	-251	-210	-148

Liquidity (USD)

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	2017 Y	2018 Y	2019 Y	2020 Y	2021 Y	2022 Y	2023 Y	2024 Y	2025 Y
As of date	06/30/2017	06/30/2018	06/30/2019	06/30/2020	06/30/2021	06/30/2022	06/30/2023	06/30/2024	12/31/2025

Cash Ratio	- -	2.53	2.51	2.44	2.08	0.78	0.19	0.41	0.68
Current Ratio	- -	2.8	2.84	2.8	2.57	1.27	0.9	0.63	1.09
Quick Ratio	- -	2.7	2.69	2.6	2.38	0.91	0.42	0.58	0.96
CFO/Avg Current Liab	- -	0.6	0.21	0.63	-0.09	0.17	0.19	-0.02	0.23
Common Equity/Total Assets	- -	75.37	78.99	3.82	-1.81	-5.26	4.27	0.25	-4.42
Long-Term Debt/Equity (%)	- -	3.95	1.83	7	81.28	46.95	47.55	26.94	39.46
Long-Term Debt/Capital (%)	- -	3.79	1.76	46.36	91.23	102.16	80.11	42.52	113.66
Long-Term Debt/Total Assets (%)	- -	3.08	1.46	5.42	35.62	18.36	24.71	13.59	20.93
Total Debt/Equity (%)	- -	4.12	2.06	9.04	86.77	50.31	51.14	62.87	43.05
Total Debt/Capital (%)	- -	3.96	1.98	59.83	97.4	109.48	86.15	99.23	124
Total Debt/Total Assets (%)	- -	3.21	1.65	7	38.03	19.68	26.57	31.72	22.84
CFO/Total Liabilities	- -	20.01	15.31	36.47	-1.98	4.2	6.43	-0.83	12.31
CFO/CapEx	- -	- -	- -	- -	- -	- -	- -	- -	- -
Altman's Z-Score	- -	0.66	0.68	1.48	0.66	0.15	0.23	0.25	1.18

Working Capital (USD)

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	2017 Y	2018 Y	2019 Y	2020 Y	2021 Y	2022 Y	2023 Y	2024 Y	2025 Y
As of date	06/30/2017	06/30/2018	06/30/2019	06/30/2020	06/30/2021	06/30/2022	06/30/2023	06/30/2024	12/31/2025

Accounts Receivable Turnover	- -	24.16	12.88	20.78	5.36	3.96	4.87	6.03	6.1
Days Sales Outstanding	- -	15.11	28.34	17.57	68.15	92.12	74.94	60.52	59.81
Inventory Turnover	- -	- -	- -	- -	- -	- -	- -	92.13	44.79
Days Inventory Outstanding	- -	- -	- -	- -	- -	- -	- -	3.96	8.15
Accounts Payable Turnover	- -	44.92	25.67	38.34	11.97	22.35	16.43	19.13	27.26
Accounts Payable Turnover Days	- -	8.13	14.22	9.52	30.48	16.33	22.22	19.08	13.39
Cash Conversion Cycle	- -	6.98	14.12	8.05	37.67	75.79	52.72	45.4	54.57
Inventory to Cash Days	- -	15.11	28.34	17.57	68.15	92.12	74.94	56.56	51.66
Inventories	- -	- -	- -	- -	- -	- -	- -	12	14
Raw Materials	- -	- -	- -	- -	- -	- -	- -	- -	- -
Work In Process	- -	- -	- -	- -	- -	- -	- -	- -	- -
Finished Goods	- -	- -	- -	- -	- -	- -	- -	- -	- -
Other Inventory	- -	- -	- -	- -	- -	- -	- -	12	14

Enterprise Value (USD)

API ChatGPT

	2017 Y	2018 Y	2019 Y	2020 Y	2021 Y	2022 Y	2023 Y	2024 Y	2025 Y
As of date	06/30/2017	06/30/2018	06/30/2019	06/30/2020	06/30/2021	06/30/2022	06/30/2023	06/30/2024	12/31/2025

Market Capitalization	- -	- -	- -	831	939	832	949	1,238	3,429
- Cash & Cash Equivalents	- -	1,226	1,082	907	1,517	747	132	560	508
+ Preferred Equity and Hybrid Capital	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Minority/Non Controlling Interest	- -	88	81	33	150	196	- -	- -	- -
+ Total Debt	- -	106	55	261	2,012	1,087	1,321	1,519	961
Enterprise Value	- -	-1,032	-1,054	-118	1,583	1,368	2,138	2,197	3,883
Total Capital	- -	2,672	2,755	437	2,065	992	1,534	1,530	775
Total Debt/Capital (%)	- -	3.96	1.98	59.83	97.4	109.48	86.15	99.23	124
Total Debt / EV	- -	-0.1	-0.05	-2.2	1.27	0.79	0.62	0.69	0.25
EV/Sales	- -	- -	- -	- -	2.45	2.24	3.73	2.14	3.18
EV/EBITDA	- -	- -	- -	- -	8.14	- -	- -	47.53	20.64
EV/EBIT	- -	- -	- -	- -	21.82	- -	- -	- -	- -
EV/Cash Flow to Firm	- -	- -	- -	- -	- -	9.68	13.92	72.86	13.65
EV/Free Cash Flow to Firm	- -	- -	- -	- -	- -	9.68	13.92	72.86	13.65
Diluted Market Cap	- -	- -	- -	832	939	832	957	1,238	4,307
Diluted Enterprise Value	- -	-1,032	-946	219	1,583	1,368	2,146	2,197	4,761
EV per Share	- -	- -	- -	- -	65.41	39.93	61.71	62.23	107.66
TTM Sales	711	989	1,049	1,436	648	610	574	1,027	1,220
TTM EBITDA	- -	81	64	212	195	-28	-148	46	188
TTM Operating Income	-98	-31	-46	100	73	-153	-251	-210	-148
TTM Cash Flow to Firm	98	144	107	330	-57	141	154	30	285
TTM Free Cash Flow to Firm	98	144	107	330	-57	141	154	30	285

Multiples (USD)

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	2017 Y	2018 Y	2019 Y	2020 Y	2021 Y	2022 Y	2023 Y	2024 Y	2025 Y
As of date	06/30/2017	06/30/2018	06/30/2019	06/30/2020	06/30/2021	06/30/2022	06/30/2023	06/30/2024	12/31/2025

Price/Free Cash Flow	- -	- -	- -	2.7	-16	5.89	6.23	-62.96	17.7
EV/EBIT	- -	- -	- -	- -	21.82	- -	- -	- -	- -
Enterprise Value	- -	-1,032	-1,054	-118	1,583	1,368	2,138	2,197	3,883
Low Price	- -	- -	- -	27.1	29.35	23.19	18	27.02	23.89
EV/Sales	- -	- -	- -	- -	2.45	2.24	3.73	2.14	3.18
EV/EBITDA	- -	- -	- -	- -	8.14	- -	- -	47.53	20.64
Price/Earnings	- -	- -	- -	4.57	- -	- -	1.89	- -	102.66
Price/Earnings Average	- -	- -	- -	4.69	-6.34	-5.86	1.69	-6.62	53.71
Price/Earnings High	- -	- -	- -	6.1	-9.16	-6.99	2.23	-9.12	104.95
Price/Earnings Low	- -	- -	- -	3.58	-4.8	-4.09	1.24	-4.75	25.8
Price/Book Value	- -	- -	- -	5.83	-9.78	-2.87	4.47	105.41	-18.43
Price/Book Value Average	- -	- -	- -	5.98	-9.78	-3.92	4.01	113.16	-9.64
Price/Book Value High	- -	- -	- -	7.78	-14.14	-4.68	5.27	155.83	-18.84
Price/Book Value Low	- -	- -	- -	4.56	-7.4	-2.74	2.94	81.24	-4.63
Price/Tangible Book Value	- -	- -	- -	0.32	0.6	0.49	0.45	0.65	1.84
Price/Tangible Book Value Average	- -	- -	- -	0.33	0.6	0.68	0.4	0.69	0.96
Price/Tangible Book Value High	- -	- -	- -	0.43	0.87	0.81	0.53	0.96	1.88
Price/Tangible Book Value Low	- -	- -	- -	0.25	0.46	0.47	0.3	0.5	0.46
Price/Sales	- -	- -	- -	0.58	1.45	1.36	1.65	1.21	2.81
Price/Sales Average	- -	- -	- -	0.59	1.45	1.87	1.48	1.29	1.47
Price/Sales High	- -	- -	- -	0.77	2.1	2.23	1.95	1.78	2.87
Price/Sales Low	- -	- -	- -	0.45	1.1	1.3	1.09	0.93	0.71
Price/Cash Flow	- -	- -	- -	2.7	-16	5.89	6.18	-62.96	14.09
Price/Cash Flow Average	- -	- -	- -	2.77	-15.99	8.06	5.54	-67.59	7.37
Price/Cash Flow High	- -	- -	- -	3.6	-23.13	9.61	7.29	-93.07	14.41
Price/Cash Flow Low	- -	- -	- -	2.11	-12.1	5.62	4.06	-48.52	3.54
Price/Free Cash Flow Average	- -	- -	- -	2.77	-15.99	8.06	5.59	-67.59	9.26
Price/Free Cash Flow High	- -	- -	- -	3.6	-23.13	9.61	7.35	-93.07	18.09
Price/Free Cash Flow Low	- -	- -	- -	2.11	-12.1	5.62	4.09	-48.52	4.45
EV/Sales Average	- -	- -	- -	0.17	2.44	2.75	3.56	2.23	1.84
EV/Sales High	- -	- -	- -	0.35	3.09	3.1	4.02	2.72	3.25
EV/Sales Low	- -	- -	- -	0.03	2.09	2.18	3.16	1.86	1.08
EV/EBITDA Average	- -	-12.77	-14.84	1.13	8.14	-59.92	-13.8	49.5	11.95
EV/EBITDA High	- -	-12.77	-14.84	2.34	10.29	-67.77	-15.62	60.34	21.05
EV/EBITDA Low	- -	-12.77	-14.84	0.18	6.96	-47.58	-12.26	41.39	6.99
EV/EBIT Average	- -	32.98	20.75	2.39	21.81	-10.98	-8.12	-10.88	-15.16
EV/EBIT High	- -	32.98	20.75	4.95	27.58	-12.41	-9.19	-13.26	-26.71
EV/EBIT Low	- -	32.98	20.75	0.38	18.67	-8.72	-7.22	-9.1	-8.87
Last Price	- -	- -	- -	34.64	38.79	24.3	27.39	35.06	95.08
High Price	- -	- -	- -	46.19	56.08	39.66	32.32	51.83	97.2
Enterprise Value Average	- -	-1,032	-946	240	1,583	1,675	2,041	2,288	2,248
Enterprise Value High	- -	-1,032	-946	496	2,002	1,894	2,309	2,789	3,960
Enterprise Value Low	- -	-1,032	-946	38	1,355	1,330	1,813	1,913	1,315

Shares Outstanding	- -	24	24	24	24	34	35	35	35
Diluted Weighted Avg Shares	24	24	24	24	24	34	35	35	45
Basic Weighted Avg Shares	24	24	24	24	24	34	35	35	36
Revenue per Share	29.92	41.22	43.72	59.84	26.75	17.81	16.56	29.09	33.83
EBITDA per Share	-0.01	3.37	2.66	8.85	8.04	-0.82	-4.27	1.31	5.22
Operating Income per Share	-4.14	-1.3	-1.9	4.18	3	-4.45	-7.25	-5.96	-4.11
Basic EPS, GAAP	-4.57	0.29	-0.34	7.57	-6.12	-5.67	14.51	-5.68	0.93
Basic EPS from Cont Ops	-4.74	0.08	-0.85	6.24	0.19	-4.02	4.96	-6.36	0.93
Diluted EPS, GAAP	-4.57	0.29	-0.34	7.57	-6.12	-5.67	14.39	-5.68	0.74
Diluted EPS from Cont Ops	-4.74	0.08	-0.85	6.24	0.19	-4.02	4.93	-6.36	0.74
Dividend per Share	- -	- -	- -	- -	0.07	0.07	3.51	- -	- -
Cash Flow per Share	4.05	6.02	4.23	12.84	-2.42	4.13	4.43	-0.56	6.75
Free Cash Flow per Basic Share	4.05	6.02	4.23	12.84	-2.42	4.13	4.43	-0.56	6.75
Cash & Equivalents per Share	- -	51.09	49.62	51.83	62.67	21.82	3.81	15.86	14.08
Book Value per Share	- -	103.29	109.16	5.94	-3.97	-8.48	6.13	0.33	-5.16
Tangible Book Value per Share	- -	87.65	92.03	108.35	64.2	49.09	60.87	54.2	51.75

Sphere Entertainment Co.

Profitability (USD)

Credit (USD)

Liquidity (USD)

Working Capital (USD)

Enterprise Value (USD)

Multiples (USD)

Per Share Data Items (USD)