Sphere Entertainment Co. (SPHR) — Cash Flow Reinvestment Rate

Latest as of March 2026: 0.04x

Sphere Entertainment Co. (SPHR) has a Cash Flow Reinvestment Rate of 0.04x as of March 2026, reinvesting $4.89 Million (capex $4.89 Million ) from operating cash flow of $136.24 Million. Check SPHR cash flow quality score to evaluate the quality of earnings relative to operating cash generation.

Reinvestment Rate

0.04x
(Capex + Investments) / Operating CF

Total Reinvested

$4.89 Million
Capex + Investments

Operating Cash Flow

$136.24 Million
USD

Capital Expenditures

$4.89 Million
USD

Sphere Entertainment Co. Cash Flow Reinvestment Rate (2016–2023)

Historical reinvestment intensity for Sphere Entertainment Co. across 7 annual periods. Explore how much of Sphere Entertainment Co.'s assets are long-term investments to see how much of total assets are deployed in long-term investments.

Annual Cash Flow Reinvestment Rate for Sphere Entertainment Co. (2016–2023)

Year-by-year capital reinvestment analysis for Sphere Entertainment Co.. For live market cap and broader valuation context, see SPHR market cap.

Year Reinvestment Rate Total Reinvested (USD) Operating CF Capex YoY Change
2023 8.97x $1.38 Billion $153.59 Million $1.18 Billion ▼ -21.2%
2022 11.39x $1.61 Billion $141.34 Million $805.22 Million ▲ +29.9%
2020 8.77x $842.08 Million $96.03 Million $452.43 Million ▲ +110.8%
2019 4.16x $421.74 Million $101.40 Million $193.68 Million ▲ +220.5%
2018 1.30x $187.36 Million $144.38 Million $187.36 Million ▲ +198.8%
2017 0.43x $41.83 Million $96.31 Million $41.83 Million
2016 0.00x $0.00 $125.78 Million $0.00
Cash Flow Reinvestment Rate = (ABS(Capex) + ABS(Investments)) / Operating Cash Flow