Sphere Entertainment SPHR Return on invested capital

Return on invested capital at other companies

NetflixNFLX

37.8%+4.9pp

Live Nation EntertainmentLYV

37.6%—

Walt DisneyDIS

8.2%+3.1pp

Madison Square Garden EntertainmentMSGE

14.9%—

Nexstar Media Group, Inc.NXST

9.1%-0.2pp

Madison Square Garden SportsMSGS

-3.2%—

FAQ

What is Sphere Entertainment's return on invested capital?

Sphere Entertainment (SPHR) reported return on invested capital of -5.3% in Q1 2026.

How has Sphere Entertainment's return on invested capital changed year-over-year?

Sphere Entertainment's return on invested capital increased by 43.2% year-over-year, from -9.3% to -5.3%.

What is the long-term trend for Sphere Entertainment's return on invested capital?

Over 4 years (2021 to 2025), Sphere Entertainment's return on invested capital has grown at a 4.2% compound annual growth rate (CAGR), from -6.9% to -8.1%.

What does return on invested capital mean?

Net operating profit after tax (operating income taxed at the effective rate) divided by average invested capital (debt plus equity minus cash). Measures the after-tax return on all capital put to work in the business, independent of capital structure.