Switch theme
Sign up to access all valuation multiples
Sphere Entertainment Co is a live entertainment and media company. The firm creates, writes, casts, produces, and tours shows and events. The group has two reportable segments which includeSphere and MSG Networks. Sphere is a next-generation entertainment medium, and MSG Networks operates two regional sports and entertainment networks, as well as a direct-to-consumer (DTC) and authenticated streaming product.
2019
3.1K+
LTM Revenue $1.1B
LTM EBITDA $59.7M
$2.3B
Benchmark forward-looking revenue and EBITDA valuation multiples across generative AI, climate tech, semiconductors, online marketplaces, vertical SaaS and 220 more verticals.
Sphere Entertainment has a last 12-month revenue of $1.1B and a last 12-month EBITDA of $59.7M.
In the most recent fiscal year, Sphere Entertainment achieved revenue of $536M and an EBITDA of -$84.0M.
Sphere Entertainment expects next 12-month revenue of XXX and NTM EBITDA of XXX
See Sphere Entertainment valuation multiples based on analyst estimates| FY 2023 | FY 2024 | FY 2025 | LTM | NTM | |
|---|---|---|---|---|---|
| Revenue | $1.0B | $536M | XXX | XXX | XXX |
| Gross Profit | $232M | $479M | XXX | XXX | XXX |
| Gross Margin | 23% | 89% | XXX | XXX | XXX |
| EBITDA | -$23.9M | -$84.0M | XXX | XXX | XXX |
| EBITDA Margin | -2% | -16% | XXX | XXX | XXX |
| Net Profit | $503M | -$201M | XXX | XXX | XXX |
| Net Margin | 49% | -37% | XXX | XXX | XXX |
| Net Debt | $1.1B | $812M | XXX | XXX | XXX |
Financial data powered by Morningstar, Inc.
As of May 14, 2025, Sphere Entertainment's stock price is $38.
Sphere Entertainment has current market cap of $1.4B, and EV of $2.3B.
See Sphere Entertainment trading valuation data| EV | Market Cap | Price 1D | Price 1M | Price 3M | Price 12M | EPS |
|---|---|---|---|---|---|---|
| $2.3B | $1.4B | XXX | XXX | XXX | XXX | $-6.56 |
Sign up to access valuation multiples like growth-adjusted P/E, next 12-month EV/Revenue, EBITDA multiples by industry and many more
Start Free TrialAs of May 14, 2025, Sphere Entertainment has market cap of $1.4B and EV of $2.3B.
Sphere Entertainment's trades at 2.2x LTM EV/Revenue multiple, and 39.3x LTM EBITDA.
Analysts estimate Sphere Entertainment's 2025E EV/Revenue multiple at XXX and 2025E EV/EBITDA multiple at XXX
See valuation multiples for Sphere Entertainment and 10K+ public comps| FY 2024 | FY 2025E | FY 2026E | FY 2027E | |
|---|---|---|---|---|
| EV | $2.3B | XXX | XXX | XXX |
| EV/Revenue | 4.4x | XXX | XXX | XXX |
| EV/EBITDA | -28.0x | XXX | XXX | XXX |
| P/E | -5.8x | XXX | XXX | XXX |
| P/E/Growth | n/a | XXX | XXX | XXX |
| EV/FCF | -289.5x | XXX | XXX | XXX |
Valuation data powered by FactSet, Inc. and Morningstar, Inc.
Access all public comps and forward-looking valuation multiples like EV/Revenue in 2025, based on equity research analyst estimates.
Start Free TrialSphere Entertainment's NTM/LTM revenue growth is 10%
Sphere Entertainment's revenue per employee for the last fiscal year averaged $0.2M, while opex per employee averaged n/a for the same period.
Over next 12 months, Sphere Entertainment's ratio of sales and marketing spend to revenue is estimated to be XXX , while its R&D spend to revenue to be XXX .
Analysts estimate Sphere Entertainment's 2025E EV/Revenue multiple at XXX and 2025E EV/EBITDA multiple at XXX
See operational valuation multiples for Sphere Entertainment and other 10K+ public comps| FY 2024 | NTM | FY 2025E | FY 2026E | FY 2027E | |
|---|---|---|---|---|---|
| Revenue Growth | -48% | XXX | XXX | XXX | XXX |
| EBITDA Margin | N/A | XXX | XXX | XXX | XXX |
| EBITDA Growth | 252% | XXX | XXX | XXX | XXX |
| Rule of 40 (SaaS-only) | 0% | XXX | XXX | XXX | XXX |
| Revenue per Employee | $0.2M | XXX | XXX | XXX | XXX |
| Opex per Employee | n/a | XXX | XXX | XXX | XXX |
| S&M Expenses to Revenue | n/a | XXX | XXX | XXX | XXX |
| G&A Expenses to Revenue | n/a | XXX | XXX | XXX | XXX |
| R&D Expenses to Revenue | n/a | XXX | XXX | XXX | XXX |
| Opex to Revenue | 1% | XXX | XXX | XXX | XXX |
Valuation data powered by FactSet, Inc. and Morningstar, Inc.
Benchmark public comps and private revenue and EBITDA valuation multiples across GRC software, cloud infrastructure, DevOps, online marketplaces and so much more!
| EV/Revenue | EV/EBITDA | |||||
|---|---|---|---|---|---|---|
| 2025E | 2026E | 2027E | 2025E | 2026E | 2027E | |
| Grand Prix International | XXX | XXX | XXX | XXX | XXX | XXX |
| Miss Grand International | XXX | XXX | XXX | XXX | XXX | XXX |
| FC Copenhagen | XXX | XXX | XXX | XXX | XXX | XXX |
| CTS Eventim | XXX | XXX | XXX | XXX | XXX | XXX |
| Highlight Communications | XXX | XXX | XXX | XXX | XXX | XXX |
| XXXXXXXX | XXX | XXX | XXX | XXX | XXX | XXX |
| XXXXXXXX | XXX | XXX | XXX | XXX | XXX | XXX |
Valuation data powered by FactSet, Inc.
Sphere Entertainment acquired XXX companies to date.
Last acquisition by Sphere Entertainment was XXXXXXXX, XXXXX XXXXX XXXXXX . Sphere Entertainment acquired XXXXXXXX for XXX (EV/Revenue multiple of XXX ).
See M&A valuation multiples| Acquired Company | EV | EV/Revenue | EV/EBITDA |
|---|---|---|---|
| XXXXXXXXX | XXX | XXX | XXX |
| XXXXXXXXX | XXX | XXX | XXX |
| XXXXXXXXX | XXX | XXX | XXX |
| XXXXXXXXX | XXX | XXX | XXX |
| XXXXXXXXX | XXX | XXX | XXX |
Sign up to see revenue and EBITDA valuation multiples for 60K+ M&A deals.
Start Free Trial| When was Sphere Entertainment founded? | Sphere Entertainment was founded in 2019. |
| Where is Sphere Entertainment headquartered? | Sphere Entertainment is headquartered in United States of America. |
| How many employees does Sphere Entertainment have? | As of today, Sphere Entertainment has 3.1K+ employees. |
| Who is the CEO of Sphere Entertainment? | Sphere Entertainment's CEO is Mr. James L. Dolan. |
| Is Sphere Entertainment publicy listed? | Yes, Sphere Entertainment is a public company listed on NYS. |
| What is the stock symbol of Sphere Entertainment? | Sphere Entertainment trades under SPHR ticker. |
| When did Sphere Entertainment go public? | Sphere Entertainment went public in 2020. |
| Who are competitors of Sphere Entertainment? | Similar companies to Sphere Entertainment include e.g. Grand Prix International, Miss Grand International, FC Copenhagen, CTS Eventim. |
| What is the current market cap of Sphere Entertainment? | Sphere Entertainment's current market cap is $1.4B |
| What is the current revenue of Sphere Entertainment? | Sphere Entertainment's last 12-month revenue is $1.1B. |
| What is the current EBITDA of Sphere Entertainment? | Sphere Entertainment's last 12-month EBITDA is $59.7M. |
| What is the current EV/Revenue multiple of Sphere Entertainment? | Current revenue multiple of Sphere Entertainment is 2.2x. |
| What is the current EV/EBITDA multiple of Sphere Entertainment? | Current EBITDA multiple of Sphere Entertainment is 39.3x. |
| What is the current revenue growth of Sphere Entertainment? | Sphere Entertainment revenue growth between 2023 and 2024 was -48%. |
| Is Sphere Entertainment profitable? | Yes, Sphere Entertainment is EBITDA-positive (as of the last 12 months). |
Get access to always up-to-date, precisely categorized 70K+ public and private valuation multiples, across tech and beyond.
