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Sphere Entertainment Co (Sphere Entertainment Co) EV-to-EBIT : 10.62 (As of May. 13, 2024)


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What is Sphere Entertainment Co EV-to-EBIT?

EV-to-EBIT is calculated as Enterprise Value divided by its EBIT. As of today, Sphere Entertainment Co's Enterprise Value is $2,308.0 Mil. Sphere Entertainment Co's EBIT for the trailing twelve months (TTM) ended in Mar. 2024 was $217.4 Mil. Therefore, Sphere Entertainment Co's EV-to-EBIT for today is 10.62.

The historical rank and industry rank for Sphere Entertainment Co's EV-to-EBIT or its related term are showing as below:

SPHR' s EV-to-EBIT Range Over the Past 10 Years
Min: -25.18   Med: 5.43   Max: 728.63
Current: 64.32

During the past 7 years, the highest EV-to-EBIT of Sphere Entertainment Co was 728.63. The lowest was -25.18. And the median was 5.43.

SPHR's EV-to-EBIT is ranked worse than
91.29% of 666 companies
in the Media - Diversified industry
Industry Median: 12.41 vs SPHR: 64.32

Joel Greenblatt calls the inversion of this ratio Earnings Yield (Joel Greenblatt) %. Sphere Entertainment Co's Enterprise Value for the quarter that ended in Mar. 2024 was $0.0 Mil. Sphere Entertainment Co's EBIT for the trailing twelve months (TTM) ended in Mar. 2024 was $217.4 Mil. Sphere Entertainment Co's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Mar. 2024 was %.


Sphere Entertainment Co EV-to-EBIT Historical Data

The historical data trend for Sphere Entertainment Co's EV-to-EBIT can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Sphere Entertainment Co EV-to-EBIT Chart

Sphere Entertainment Co Annual Data
Trend Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23
EV-to-EBIT
Get a 7-Day Free Trial - -0.41 24.79 -8.15 7.77

Sphere Entertainment Co Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
EV-to-EBIT Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only -13.66 7.77 15.44 59.01 -

Competitive Comparison of Sphere Entertainment Co's EV-to-EBIT

For the Entertainment subindustry, Sphere Entertainment Co's EV-to-EBIT, along with its competitors' market caps and EV-to-EBIT data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Sphere Entertainment Co's EV-to-EBIT Distribution in the Media - Diversified Industry

For the Media - Diversified industry and Communication Services sector, Sphere Entertainment Co's EV-to-EBIT distribution charts can be found below:

* The bar in red indicates where Sphere Entertainment Co's EV-to-EBIT falls into.



Sphere Entertainment Co EV-to-EBIT Calculation

Sphere Entertainment Co's EV-to-EBIT for today is calculated as:

EV-to-EBIT=Enterprise Value (Today)/EBIT (TTM)
=2307.965/217.423
=10.62

Sphere Entertainment Co's current Enterprise Value is $2,308.0 Mil.
Sphere Entertainment Co's EBIT for the trailing twelve months (TTM) ended in Mar. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was $217.4 Mil.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Sphere Entertainment Co  (NYSE:SPHR) EV-to-EBIT Explanation

This is a more accurate valuation of companies' operation because it considers the debt and cash on its balance sheet, and non-operating items such as interest payment, tax, and one-time items are not included in the Operating Income.

Joel Greenblatt calls the inversion of this ratio Earnings Yield (Joel Greenblatt) %.

Sphere Entertainment Co's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Mar. 2024 is calculated as:

Earnings Yield (Joel Greenblatt) % (Q: Mar. 2024 ) =EBIT / Enterprise Value (Q: Mar. 2024 )
=217.423/0
= %

Sphere Entertainment Co's Enterprise Value for the quarter that ended in Mar. 2024 was $0.0 Mil.
Sphere Entertainment Co's EBIT for the trailing twelve months (TTM) ended in Mar. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was $217.4 Mil.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Sphere Entertainment Co EV-to-EBIT Related Terms

Thank you for viewing the detailed overview of Sphere Entertainment Co's EV-to-EBIT provided by GuruFocus.com. Please click on the following links to see related term pages.


Sphere Entertainment Co (Sphere Entertainment Co) Business Description

Traded in Other Exchanges
Address
Two Penn Plaza, New York, NY, USA, 10121
Sphere Entertainment Co is live entertainment and media company. The firm creates, writes, cast, produce, and tour shows and events. The company's portfolio includes Sphere, a next-generation entertainment medium to the world. The group has three reportable segments which include Entertainment, MSG Networks, and Tao Group Hospitality.
Executives
David Granville-smith officer: Executive Vice President TWO PENNSYLVANIA PLAZA, NEW YORK NY 10121
Gregory Brunner officer: SVP, Controller & PAO TWO PENNSYLVANIA PLAZA, NEW YORK NY 10121
Carl E Vogel director C/O SIRIUS XM RADIO INC., 1221 AVENUE OF THE AMERICAS, NEW YORK NY 10020
Gautam Ranji officer: EVP, CFO & Treasurer TWO PENNSYLVANIA PLAZA, NEW YORK NY 10121
Isiah Iii Thomas director TWO PENNSYLVANIA PLAZA, NEW YORK NY 10121
Philip Gerard D'ambrosio officer: Interim CFO, Treasurer & Sec. TWO PENNSYLVANIA PLAZA, NEW YORK NY 10121
Dolan Leinauer Corby other: Trustee of 13(d) Group Member BAKER BOTTS L.L.P., 30 ROCKEFELLER PLAZA, NEW YORK NY 10112
Zeppetella Courtney M officer: SVP, Controller & CAO TWO PENNSYLVANIA PLAZA, NEW YORK NY 10121
David F. Byrnes officer: EVP & Chief Financial Officer C/O CBS CORPORATION, 51 WEST 52ND STREET, NEW YORK NY 10019
Jamal H Haughton officer: EVP & General Counsel TWO PENNSYLVANIA PLAZA, NEW YORK NY 10121
Joseph F Yospe officer: SVP, Controller & PAO 551 5TH AVENUE, SUITE 300, NEW YORK NY 10176
Andrea Greenberg officer: President/CEO-MSG Networks 11 PENNSYLVANIA PLAZA, NEW YORK NY 10001
Joel M. Litvin director TWO PENNSYLVANIA PLAZA, NEW YORK NY 10011
Scott S Packman officer: EVP & General Counsel TWO PENNSYLVANIA PLAZA, NEW YORK NY 10121
Mark H Fitzpatrick officer: EVP & Chief Financial Officer TWO PENNSYLVANIA PLAZA, NEW YORK NY 10121