Sphere Entertainment (SPHR) Market Cap
Market Cap: $1.15B
Avg Volume: 812.37K
Industry: Entertainment
Sector: Communication Services
Market Cap Overview
Market Cap
$1.15B
Share Price
$31.99
Shares Outstanding
35.83M
What is Sphere Entertainment's Market Cap?
Sphere Entertainment's current Market Cap as of today is $1.15B.
Understanding Market Capitalization
Market Capitalization (Market Cap) is the total value of a company's outstanding shares of stock. It is calculated by multiplying the current market price of one share by the total number of outstanding shares.
- It provides a straightforward method of gauging a company's size.
- Market Cap can be used to compare companies within the same industry.
How is Market Cap calculated?
Market Cap is calculated by multiplying the current share price by the total number of outstanding shares:
Market Cap = Current Share Price × Total Shares Outstanding
In the case of Sphere Entertainment, the market cap is calculated as $31.99 x 35.83M shares = $1.15B.
As a Small Cap company, Sphere Entertainment is a smaller company that may offer growth opportunities.
Sphere Entertainment Historical Market Cap
Sphere Entertainment Market Cap vs Enterprise Value
Understanding Market Cap vs. Enterprise Value
While market cap represents the equity value of Sphere Entertainment, enterprise value provides a more complete picture of the company's total value by including debt and cash:
Enterprise Value = Market Cap + Total Debt - Cash and Equivalents
Sphere Entertainment's enterprise value as of December 31, 2024 (Q2 2024) is calculated as:
- Market Cap: $1.15B
- Total Debt: $965.06M
- Cash and Equivalents: $515.63M
- Enterprise Value: $1.90B
The difference between market cap and enterprise value can indicate the company's financial leverage and cash position. A higher enterprise value suggests significant debt levels.
Sphere Entertainment Annual Market Cap History
| Year | Market Cap | Change |
|---|---|---|
| 2025 | $1.15B | -6.22% |
| 2023 | $1.22B | 28.77% |
| 2022 | $949.09M | 14.02% |
| 2021 | $832.40M | -37.03% |
| 2020 | $1.32B | 59.01% |
| 2019 | $831.29M | -15.24% |
| 2018 | $980.77M | 0.00% |
| 2017 | $980.77M | 0.94% |
| 2016 | $971.59M | -3.99% |
| 2015 | $1.01B | N/A |
Frequently Asked Questions
Related Metrics
Explore detailed financial metrics and analysis for SPHR.