Sphere Entertainment Co. (SPHR) — Free Cash Flow Generation Index

Latest as of March 2026: 0.96x

Sphere Entertainment Co. (SPHR) has a Free Cash Flow Generation Index of 0.96x as of March 2026. Free cash flow of $131.35 Million represents 1% of operating cash flow ($136.24 Million). Explore how much does Sphere Entertainment Co. reinvest in capital to see what proportion of operating cash flow is directed to capital expenditures.

FCF Generation Index

0.96x
Free Cash Flow / Operating CF

Free Cash Flow

$131.35 Million
USD

Operating Cash Flow

$136.24 Million
USD

Capital Expenditures

$4.89 Million
USD

Sphere Entertainment Co. Free Cash Flow Generation Index (2016–2026)

Historical FCF Generation Index trend for Sphere Entertainment Co. across 8 annual periods. For the full cash flow conversion analysis, see how efficiently does Sphere Entertainment Co. generate cash.

Annual Free Cash Flow Generation for Sphere Entertainment Co. (2016–2026)

Year-by-year Free Cash Flow Generation Index for Sphere Entertainment Co.. Check SPHR total capital reinvestment ratio to assess the company's total reinvestment commitment from operating cash flow.

Year FCG Index Free Cash Flow (USD) Operating CF Capital Expenditures YoY Change
2026 0.78x $191.00 Million $243.35 Million $52.35 Million ▲ +111.8%
2023 -6.65x $-1.02 Billion $153.59 Million $1.18 Billion ▼ -41.6%
2022 -4.70x $-663.88 Million $141.34 Million $805.22 Million ▼ -26.6%
2020 -3.71x $-356.39 Million $96.03 Million $452.43 Million ▼ -307.8%
2019 -0.91x $-92.28 Million $101.40 Million $193.68 Million ▼ -205.7%
2018 -0.30x $-42.98 Million $144.38 Million $187.36 Million ▼ -152.6%
2017 0.57x $54.48 Million $96.31 Million $41.83 Million ▼ -43.4%
2016 1.00x $125.78 Million $125.78 Million $0.00
FCG Index = Free Cash Flow / Operating Cash Flow. FCF = Operating CF + Capital Expenditures (capex stored negative).