GHC vs SPHR

Comparison between Graham Holdings Co. - Class B (GHC, Company) and Sphere Entertainment Co - Class A (SPHR, Company).

GHC is from the Industrials sector, while SPHR is from the Communication Services sector.

5-Year PerformanceSPHR has outperformed GHC, delivering a return of +32.4% compared to +12.9%

GHC vs SPHR - Performance Comparison

Log

Key Characteristics

Financial metrics and valuation ratios

Metric	GHC(COMPANY)	SPHR(COMPANY)
Market Cap	$4.95B	$4.96B
Max Drawdown	74.58%	65.73%
Sharpe Ratio	0.94	2.20
5Y Beta	0.78	1.54
Industry	Conglomerates	Entertainment
P/E Ratio	16.95	-182.75
Forward P/E	20.12	28.41
PEG Ratio	0.18	N/A
Dividend Yield	0.63%	N/A
5Y Dividends CAGR	9.09%	N/A
5Y EPS CAGR	2.97%	N/A
Debt to Equity	18.37%	36.05%
Free Cash Flow Yield	5.56%	7.52%
P/S Ratio	1.01	3.73
P/B Ratio	1.05	2.26

Market Cap

GHC

$4.95B

Winner

SPHR

$4.96B

Max Drawdown

GHC

74.58%

Winner

SPHR

65.73%

Sharpe Ratio

GHC

0.94

Winner

SPHR

2.20

5Y Beta

Winner

GHC

0.78

SPHR

1.54

Industry

GHC

Conglomerates

SPHR

Entertainment

P/E Ratio

GHC

16.95

Winner

SPHR

-182.75

Forward P/E

Winner

GHC

20.12

SPHR

28.41

PEG Ratio

GHC

0.18

SPHR

N/A

Dividend Yield

GHC

0.63%

SPHR

N/A

5Y Dividends CAGR

GHC

9.09%

SPHR

N/A

5Y EPS CAGR

GHC

2.97%

SPHR

N/A

Debt to Equity

Winner

GHC

18.37%

SPHR

36.05%

Free Cash Flow Yield

GHC

5.56%

Winner

SPHR

7.52%

P/S Ratio

Winner

GHC

1.01

SPHR

3.73

P/B Ratio

Winner

GHC

1.05

SPHR

2.26

GHC vs SPHR - Historical Returns

Returns include dividend reinvestment.

Period	GHC	SPHR
1 month	-0.21%	-15.73%
3 months	+1.24%	+4.25%
6 months	-1.90%	+38.58%
1 year	+26.29%	+183.64%
5 years(CAGR)	+12.88%	+32.45%
10 years(CAGR)	+9.55%	N/A
Max(CAGR)	+6.09%	+20.69%

Winner

GHC

-0.21%

SPHR

-15.73%

GHC

+1.24%

Winner

SPHR

+4.25%

GHC

-1.90%

Winner

SPHR

+38.58%

GHC

+26.29%

Winner

SPHR

+183.64%

5Y(CAGR)

GHC

+12.88%

Winner

SPHR

+32.45%

10Y(CAGR)

GHC

+9.55%

SPHR

N/A

Max(CAGR)

GHC

+6.09%

Winner

SPHR

+20.69%

GHC vs SPHR - Annual Returns (1999 - 2026)

Returns include dividend reinvestment.

Year	GHC	SPHR
2026	+5.75%	+41.37%
2025	+27.93%	+129.05%
2024	+25.34%	+20.32%
2023	+14.97%	+67.98%
2022	-7.35%	-39.98%
2021	+20.94%	-29.83%
2020	-15.33%	+18.68%
2019	-1.32%	N/A
2018	+14.83%	N/A
2017	+7.60%	N/A
2016	+10.17%	N/A
2015	-8.11%	N/A
2014	+33.73%	N/A
2013	+79.28%	N/A
2012	+1.26%	N/A
2011	-12.40%	N/A
2010	+1.50%	N/A
2009	+8.55%	N/A
2008	-49.91%	N/A
2007	+6.72%	N/A
2006	-4.05%	N/A
2005	-19.91%	N/A
2004	+25.40%	N/A
2003	+6.46%	N/A
2002	+41.01%	N/A
2001	-11.27%	N/A
2000	+15.05%	N/A
1999	+4.39%	N/A

GHC vs SPHR Drawdown Comparison

The maximum drawdown for GHC was -67.56%, occurring on Mar 9, 2009. Recovery took 2488 trading sessions.

The maximum drawdown for SPHR was -65.73%, occurring on Dec 12, 2022. Recovery took 1131 trading sessions.

The current GHC drawdown is -4.81%. The current SPHR drawdown is -22.96%.

Rank	GHC	SPHR
#1	-67.56% Dec 29, 2004 - Nov 14, 2014	-65.73% Mar 8, 2021 - Sep 8, 2025
#2	-62.56% Jul 30, 2019 - Jan 22, 2024	-27.82% Apr 9, 2020 - Dec 28, 2020
#3	-40.09% Jul 7, 2015 - Apr 8, 2019	-22.96% Jun 30, 2026 - Jul 23, 2026
#4	-21.93% Mar 2, 2001 - Apr 17, 2002	-15.51% Dec 31, 2020 - Feb 26, 2021
#5	-19.78% Sep 26, 2025 - Jan 21, 2026	-12.31% May 1, 2026 - Jun 1, 2026
#6	-18.75% Nov 10, 1999 - Dec 1, 2000	-11.18% Feb 27, 2026 - Apr 1, 2026
#7	-18.01% Apr 30, 2002 - Aug 7, 2002	-10.68% Oct 2, 2025 - Oct 24, 2025
#8	-14.55% Jul 26, 2024 - Sep 30, 2024	-10.13% Jan 22, 2026 - Feb 12, 2026
#9	-13.00% Jan 21, 2026 - Jul 16, 2026	-7.00% Sep 17, 2025 - Sep 29, 2025
#10	-12.85% Jan 6, 2003 - Nov 10, 2003	-6.53% Nov 12, 2025 - Nov 25, 2025
#11	-12.48% Apr 2, 2025 - Aug 12, 2025	-5.90% Apr 17, 2026 - Apr 29, 2026
#12	-12.39% Jun 8, 2004 - Nov 15, 2004	-5.68% Jun 1, 2026 - Jun 11, 2026
#13	-11.69% Mar 16, 2015 - May 20, 2015	-5.57% Dec 30, 2025 - Jan 13, 2026
#14	-11.04% Nov 8, 2024 - Feb 14, 2025	-5.19% Jan 14, 2026 - Jan 22, 2026
#15	-10.83% Dec 9, 2014 - Jan 29, 2015	-4.76% Sep 8, 2025 - Sep 10, 2025