SPHERE ENTERTAINMENT CO. (SPHR) Return on equity 2018–2023
SPHERE ENTERTAINMENT CO. (SPHR) return on equity by fiscal year — reported net income divided by year-end shareholders’ equity.
20.8%FY2023 · since FY2018: 0.3% → 20.8%
| Fiscal year | Value | YoY |
|---|---|---|
| FY2023 | 20.8% | +28.3 pp |
| FY2022 | -7.5% | +0.0 pp |
| FY2021 | -7.5% | -15.9 pp |
| FY2020 | 8.4% | +8.7 pp |
| FY2019 | -0.3% | -0.6 pp |
| FY2018 | 0.3% | — |
ROE = reported net income ÷ reported year-end shareholders’ equity for the same fiscal year. Heavy buybacks shrink equity and can push ROE very high (or negative-equity years drop out).
Source: SEC XBRL filings · For reference only · Not investment advice
More SPHR financial trends
SPHR RevenueSPHR Net incomeSPHR Net marginSPHR Gross profitSPHR Gross marginSPHR Operating incomeSPHR Operating marginSPHR Operating cash flowSPHR Free cash flowSPHR Capital expendituresSPHR Stock buybacksSPHR Dividends paidSPHR Total assetsSPHR Total liabilitiesSPHR Shareholders’ equitySPHR overview →