Sphere Entertainment Co. (SPHR) — Capital Reinvestment Ratio
Sphere Entertainment Co. (SPHR) has a Capital Reinvestment Ratio of 0.04x as of March 2026, meaning it reinvests 0% of its operating cash flow ($136.24 Million) in capital expenditures ($4.89 Million). Check Sphere Entertainment Co. (SPHR) tangible equity ratio to evaluate the tangible quality of the company's equity base.
Capital Reinvestment Ratio
Operating Cash Flow
Capital Expenditures
Data as of
Sphere Entertainment Co. Capital Reinvestment Ratio (2017–2026)
This chart tracks Sphere Entertainment Co.'s Capital Reinvestment Ratio across 7 annual periods. For the full cash flow conversion analysis, see SPHR cash flow conversion.
Annual Capital Reinvestment Ratio for Sphere Entertainment Co. (2017–2026)
Year-by-year Capital Reinvestment Ratio for Sphere Entertainment Co. from 2017 to 2026. See Sphere Entertainment Co. free cash flow ratio to measure how efficiently the company converts operating cash flow to free cash.
| Year | Reinvestment Ratio | Operating CF (USD) | Capital Expenditures | YoY Change |
|---|---|---|---|---|
| 2026 | 0.22x | $243.35 Million | $52.35 Million | ▼ -97.2% |
| 2023 | 7.65x | $153.59 Million | $1.18 Billion | ▲ +34.3% |
| 2022 | 5.70x | $141.34 Million | $805.22 Million | ▲ +20.9% |
| 2020 | 4.71x | $96.03 Million | $452.43 Million | ▲ +146.7% |
| 2019 | 1.91x | $101.40 Million | $193.68 Million | ▲ +47.2% |
| 2018 | 1.30x | $144.38 Million | $187.36 Million | ▲ +198.8% |
| 2017 | 0.43x | $96.31 Million | $41.83 Million | — |