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. See SPHR free cash flow to operating cash ratio to measure how efficiently the company converts operating cash flow to free cash.

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 (2016–2026)

Historical reinvestment intensity for Sphere Entertainment Co. across 8 annual periods. For the full cash flow conversion analysis, see Sphere Entertainment Co. cash conversion from operations.

Annual Cash Flow Reinvestment Rate for Sphere Entertainment Co. (2016–2026)

Year-by-year capital reinvestment analysis for Sphere Entertainment Co.. See Sphere Entertainment Co. free cash flow to debt ratio to measure the company's free cash flow as a share of total liabilities.

Year Reinvestment Rate Total Reinvested (USD) Operating CF Capex YoY Change
2026 0.22x $52.35 Million $243.35 Million $52.35 Million ▼ -97.6%
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