S

Sphere Entertainment Co
NYSE:SPHR

Watchlist Manager
Sphere Entertainment Co
NYSE:SPHR
Watchlist
Price: 37.83 USD -2.63% Market Closed
Market Cap: 1.4B USD
Have any thoughts about
Sphere Entertainment Co?
Write Note

Gross Margin
Sphere Entertainment Co

47%
Current
48%
Average
44.3%
Industry

Gross Margin is the amount of money a company retains after incurring the direct costs associated with producing the goods it sells and the services it provides. The higher the gross margin, the more capital a company retains, which it can then use to pay other costs or satisfy debt obligations.

Gross Margin
47%
=
Gross Profit
533.8m
/
Revenue
1.1B

Gross Margin Across Competitors

Country US
Market Cap 1.4B USD
Gross Margin
47%
Country US
Market Cap 389.6B USD
Gross Margin
45%
Country US
Market Cap 206.4B USD
Gross Margin
36%
Country LU
Market Cap 92.2B USD
Gross Margin
29%
Country NL
Market Cap 44.9B EUR
Gross Margin
43%
Country US
Market Cap 30.5B USD
Gross Margin
25%
Country US
Market Cap 25.6B USD
Gross Margin
42%
Country US
Market Cap 24.4B USD
Gross Margin
0%
Country CN
Market Cap 19.7B USD
Gross Margin
41%
Country FR
Market Cap 16.5B EUR
Gross Margin
32%
Country US
Market Cap 16B USD
Gross Margin
48%
No Stocks Found

Sphere Entertainment Co
Glance View

Market Cap
1.4B USD
Industry
Media

Sphere Entertainment Co. emerged from a vision to revolutionize how audiences interact with entertainment. The company, a spin-off from the Madison Square Garden Company, positions itself at the intersection of technology, art, and live entertainment. At its heart lies the Sphere, a ground-breaking venue that marries advanced engineering with immersive audio-visual experiences. It boasts a state-of-the-art dome that envelops audiences in an unparalleled sensory extravaganza. The Sphere in Las Vegas, the flagship project of the company, is a testament to its ambitions—merging dynamic architecture with cutting-edge media technology to host concerts, performances, and even corporate events, redefining the standard for live entertainment venues. Revenue generation for Sphere Entertainment Co. is multifaceted, reflecting its diverse operations. The primary income stream flows from event ticket sales and venue rental fees. The Sphere's innovative design and allure attract global artists and corporations eager to leverage its unique atmosphere. Further, the company capitalizes on sponsorships and partnerships with brands aiming to associate with high-tech, premium experiences. Sphere Entertainment also taps into merchandising—selling exclusive products tied to specific events or performances. Moreover, its ventures in content production and the licensing of proprietary technology amplify its earnings, creating a robust financial framework for sustained growth and innovation in the competitive entertainment landscape.

SPHR Intrinsic Value
54.72 USD
Undervaluation 31%
Intrinsic Value
Price
S

See Also

Discover More
What is Gross Margin?

Gross Margin is the amount of money a company retains after incurring the direct costs associated with producing the goods it sells and the services it provides. The higher the gross margin, the more capital a company retains, which it can then use to pay other costs or satisfy debt obligations.

Gross Margin
47%
=
Gross Profit
533.8m
/
Revenue
1.1B
What is the Gross Margin of Sphere Entertainment Co?

Based on Sphere Entertainment Co's most recent financial statements, the company has Gross Margin of 47%.