Sphere Entertainment (SPHR) Return on Assets (ROA)

Price: $27.09
Market Cap: $970.55M
Avg Volume: 874.12K
Country: US
Industry: Entertainment
Sector: Communication Services
Beta: 1.481
52W Range: $24.77-50.88
Website: Sphere Entertainment

Sphere Entertainment Return on Assets (ROA) Summary

Sphere Entertainment's ROA indicates the return generated on the company's assets:

  • Annual: -4.19%
  • Quarterly: -2.79%
  • TTM: -7.20%

What is Return on Assets (ROA)?

Return on Assets (ROA) is a financial ratio that shows the percentage of profit a company earns in relation to its overall resources. It is an indicator of how efficiently a company is using its assets to generate earnings.

Related Metrics

Other important metrics to assess Sphere Entertainment's profitability include:

  • ROE (Return on Equity) - measures the return generated on shareholders' equity:
    • Annual: -8.31%
    • Quarterly: -5.72%
    • TTM: -13.87%
  • ROIC (Return on Invested Capital) - measures how effectively the company uses its invested capital to generate profits:
    • Annual: -4.95%
    • Quarterly: -2.13%
    • TTM: -6.39%
  • Return on Tangible Assets - measures the return generated on the company's tangible assets:
    • Annual: -4.68%
    • Quarterly: -3.09%
    • TTM: -7.97%
  • Profit Margin - shows the percentage of revenue that has turned into profit:
    • Annual: -19.54%
    • Quarterly: -40.85%
    • TTM: -28.74%

These metrics provide insights into Sphere Entertainment's profitability and efficiency in using its capital and assets to generate returns. Comparing these ratios with industry benchmarks can offer a deeper understanding of the company's performance.

Annual ROA

-4.19%

Quarterly ROA

-2.79%

TTM ROA

-7.20%

Sphere Entertainment Historical ROA
10.11%10.11%7.25%7.25%4.39%4.39%1.53%1.53%-1.33%-1.33%-4.19%-4.19%ROA2017201720182018201920192020202020212021202220222023202320242024
Historical ROE
19.46%19.46%13.59%13.59%7.71%7.71%1.84%1.84%-4.03%-4.03%-9.90%-9.90%ROE2017201720182018201920192020202020212021202220222023202320242024
Historical ROIC
4.27%4.27%2.43%2.43%0.58%0.58%-1.26%-1.26%-3.10%-3.10%-4.95%-4.95%ROIC2017201720182018201920192020202020212021202220222023202320242024
Historical Profit Margin
131.45%131.45%77.01%77.01%22.57%22.57%-31.87%-31.87%Profit Margin2017201720182018201920192020202020212021202220222023202320242024
Historical Return on Tangible Assets
14.35%14.35%11.18%11.18%8.01%8.01%4.83%4.83%1.66%1.66%-1.51%-1.51%-4.68%-4.68%Return on Tangible Assets2017201720182018201920192020202020212021202220222023202320242024

Sphere Entertainment Historical Profitability Metrics

The table below shows various profitability metrics for each year, with the latest data available for the last fiscal year 2024.

Year ROA ROE ROIC Profit Margin Return on Tangible Assets
2024 -4.19% -8.31% -4.95% -19.54% -4.68%
2023 10.11% 19.46% -3.90% 87.62% 11.18%
2022 -3.52% -9.90% -2.94% -31.87% -3.85%
2021 -2.80% -6.83% 0.15% -22.88% -3.27%
2020 4.87% 6.36% 4.27% 12.66% 5.28%
2019 -0.25% -0.32% -1.64% -0.78% -0.29%
2018 0.21% 0.28% 0.07% 0.70% 0.24%
2017 -2.92% -4.51% -3.12% -15.27% -3.73%
2016 -2.18% -2.99% -2.01% -6.93% -2.51%

Related Metrics

Explore detailed financial metrics and analysis for SPHR.

Financial Analysis
Financial Statements Stock Forecast Price Target Technical Analysis Stock Splits Employee Count
Company Intelligence
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Income & Revenue
Earnings Revenue Revenue Growth Profit Net Income Profit Margin EBITDA Free Cash Flow Revenue Segments
Valuation
Valuation Market Cap Enterprise Value P/E Ratio PEG Ratio P/S Ratio P/B Ratio Book Value
Returns & Ratios
ROIC ROE ROA Current Ratio Quick Ratio Debt/Equity Ratio Earnings Per Share
Balance Sheet
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Dividends
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