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Debt-to-equity at other companies

Netflix logo
NetflixNFLX
0.5×-0.2×
Live Nation Entertainment logo
Live Nation EntertainmentLYV
75.7×+52.3×
Walt Disney logo
Walt DisneyDIS
0.4×0.0×
Madison Square Garden Entertainment logo
Madison Square Garden EntertainmentMSGE
24.7×-102×
Nexstar Media Group, Inc. logo
Nexstar Media Group, Inc.NXST
5.3×+2.4×
PSK
Paramount Skydance CorporationPSKY
1.4×

Other financials

Income statement

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Revenue$386.4M+37.7%
Operating income$7.2M+109%
Net income$4.5M+105%
EPS (diluted)-$0.04+98.2%

Balance sheet

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Cash & equivalents$630.2M+31.8%
Total debt$938.4M-35.8%
Total equity$2.2B+4.9%
Total assets$4.2B-5.1%

Cash flow

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Operating cash flow$136.2M+2,046%
CapEx$4.9M-72.1%
Free cash flow$131.4M+1,279%

Valuation

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Market cap$5.54B+262%
Enterprise value$5.85B+168%
P/E46.2×
P/S4.2×+2.6×

Profitability

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Operating margin-28.1%-4.3pp
Net margin9%+5.2pp
FCF margin25.2%+15.7pp

Returns & leverage

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Return on equity5.5%+3.2pp
Current ratio1.2×+0.7×

Where this comes from

Calculated from Sphere Entertainment’s reported figures.

Based on the most recent quarter.

The source filing: Sphere Entertainment’s 10-Q, filed May 5, 2026. Open the filing →

Filed
May 5, 2026, 5:23 PM EDT
Fiscal quarter
Q1 FY2026
Calendar quarter
Q1 2026
Accession
0001628280-26-030740

FAQ

What is Sphere Entertainment's debt-to-equity?
Sphere Entertainment (SPHR) reported debt-to-equity of 0.4× in Q1 2026.
How has Sphere Entertainment's debt-to-equity changed year-over-year?
Sphere Entertainment's debt-to-equity decreased by 38.8% year-over-year, from 0.7× to 0.4×.
What is the long-term trend for Sphere Entertainment's debt-to-equity?
Over 5 years (2020 to 2025), Sphere Entertainment's debt-to-equity has grown at a 6.0% compound annual growth rate (CAGR), from 0.3× to 0.4×.
What does debt-to-equity mean?
Total debt (including capitalized leases and financing obligations) divided by shareholders' equity at the quarter end. Measures how much the company is financed by debt relative to equity.

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