OSW vs. SPHR

Last updated Apr 1, 2026

Compare and contrast key facts about OneSpaWorld Holdings Limited (OSW) and Sphere Entertainment Co. (SPHR).

Performance

OSW vs. SPHR - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in OneSpaWorld Holdings Limited (OSW) and Sphere Entertainment Co. (SPHR). The values are adjusted to include any dividend payments, if applicable.

OSW vs. SPHR - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020
OSW OneSpaWorld Holdings Limited	10.92%	5.14%	41.81%	51.13%	-6.89%	-1.18%	149.75%
SPHR Sphere Entertainment Co.	23.47%	135.81%	18.73%	-24.48%	-36.07%	-33.04%	18.68%

Fundamentals

Market Cap OSW : $2.35B SPHR : $5.50B
EPS OSW : $0.69 SPHR : $0.07
PE Ratio OSW : 33.20 SPHR : 1.68K
PEG Ratio OSW : 0.63 SPHR : 1.78
PS Ratio OSW : 2.47 SPHR : 4.23
PB Ratio OSW : 4.33 SPHR : 2.46
Total Revenue (TTM) OSW : $961.00M SPHR : $1.18B
Gross Profit (TTM) OSW : $133.77M SPHR : $136.01M
EBITDA (TTM) OSW : $117.27M SPHR : $21.30M

Returns By Period

In the year-to-date period, OSW achieves a 10.92% return, which is significantly lower than SPHR's 23.47% return.

OSW

• 1D: 3.15%
• 1M: 6.85%
• YTD: 10.92%
• 6M: 9.09%
• 1Y: 37.90%
• 3Y*: 24.82%
• 5Y*: 15.63%
• 10Y*: —

SPHR

• 1D: 10.15%
• 1M: -1.35%
• YTD: 23.47%
• 6M: 88.99%
• 1Y: 258.80%
• 3Y*: 25.73%
• 5Y*: 6.50%
• 10Y*: —

*Multi-year figures are annualized to reflect compound growth (CAGR)

Return for Risk

OSW vs. SPHR — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

OSW

OSW Risk / Return Rank: 76
OSW Sharpe Ratio Rank: 75
OSW Sortino Ratio Rank: 74
OSW Omega Ratio Rank: 70
OSW Calmar Ratio Rank: 81
OSW Martin Ratio Rank: 78

SPHR

SPHR Risk / Return Rank: 98
SPHR Sharpe Ratio Rank: 99
SPHR Sortino Ratio Rank: 98
SPHR Omega Ratio Rank: 96
SPHR Calmar Ratio Rank: 98
SPHR Martin Ratio Rank: 99

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

OSW vs. SPHR - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for OneSpaWorld Holdings Limited (OSW) and Sphere Entertainment Co. (SPHR). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.

	OSW	SPHR	Difference
Sharpe ratio Return per unit of total volatility	1.03	4.48	-3.45
Sortino ratio Return per unit of downside risk	1.77	4.49	-2.72
Omega ratio Gain probability vs. loss probability	1.22	1.57	-0.35
Calmar ratio Return relative to maximum drawdown	2.43	9.22	-6.79
Martin ratio Return relative to average drawdown	5.39	32.46	-27.08
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

OSW vs. SPHR - Sharpe Ratio Comparison

The current OSW Sharpe Ratio is 1.03, which is lower than the SPHR Sharpe Ratio of 4.48. The chart below compares the historical Sharpe Ratios of OSW and SPHR, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.

Sharpe Ratios by Period

	OSW	SPHR	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	1.03	4.48	-3.45
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.40	0.11	+0.29
Sharpe Ratio (All Time) Calculated using the full available price history	0.19	0.09	+0.10

Correlation

The correlation between OSW and SPHR is 0.34, which is considered to be low. This implies their price changes are not closely related. A low correlation is generally favorable for portfolio diversification, as it helps to reduce overall risk by spreading it across multiple assets with different performance patterns.

Dividends

OSW vs. SPHR - Dividend Comparison

OSW's dividend yield for the trailing twelve months is around 0.78%, while SPHR has not paid dividends to shareholders.

	TTM	2025	2024	2023	2022	2021	2020
OSW OneSpaWorld Holdings Limited	0.78%	0.82%	0.40%	0.00%	0.00%	0.00%	0.79%
SPHR Sphere Entertainment Co.	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%

Drawdowns

OSW vs. SPHR - Drawdown Comparison

The maximum OSW drawdown since its inception was -85.03%, roughly equal to the maximum SPHR drawdown of -81.69%. Use the drawdown chart below to compare losses from any high point for OSW and SPHR.

Drawdown Indicators

	OSW	SPHR	Difference
Max Drawdown Largest peak-to-trough decline	-85.03%	-81.69%	-3.34%
Max Drawdown (1Y) Largest decline over 1 year	-16.73%	-27.48%	+10.75%
Max Drawdown (5Y) Largest decline over 5 years	-45.03%	-76.78%	+31.75%
Current Drawdown Current decline from peak	-1.61%	-1.35%	-0.26%
Average Drawdown Average peak-to-trough decline	-27.79%	-46.71%	+18.92%
Ulcer Index Depth and duration of drawdowns from previous peaks	7.53%	7.80%	-0.27%

Volatility

OSW vs. SPHR - Volatility Comparison

The current volatility for OneSpaWorld Holdings Limited (OSW) is 11.15%, while Sphere Entertainment Co. (SPHR) has a volatility of 17.56%. This indicates that OSW experiences smaller price fluctuations and is considered to be less risky than SPHR based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	OSW	SPHR	Difference
Volatility (1M) Calculated over the trailing 1-month period	11.15%	17.56%	-6.41%
Volatility (6M) Calculated over the trailing 6-month period	23.62%	36.42%	-12.80%
Volatility (1Y) Calculated over the trailing 1-year period	37.16%	58.22%	-21.06%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	39.15%	57.31%	-18.16%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	55.96%	56.35%	-0.39%

Financials

OSW vs. SPHR - Profitability Comparison

The chart below illustrates the profitability comparison between OneSpaWorld Holdings Limited and Sphere Entertainment Co. over time, highlighting three key metrics: Gross Profit Margin, Operating Margin, and Net Profit Margin.

OSW - Gross Margin

Gross margin is calculated as gross profit divided by revenue. For the three months ending on Apr 2026, OneSpaWorld Holdings Limited reported a gross profit of 26.91M and revenue of 242.13M. Therefore, the gross margin over that period was 11.1%.

SPHR - Gross Margin

Gross margin is calculated as gross profit divided by revenue. For the three months ending on Apr 2026, Sphere Entertainment Co. reported a gross profit of 0.00 and revenue of 394.28M. Therefore, the gross margin over that period was 0.0%.

OSW - Operating Margin

Operating margin is calculated as operating income divided by revenue. For the three months ending on Apr 2026, OneSpaWorld Holdings Limited reported an operating income of 22.04M and revenue of 242.13M, resulting in an operating margin of 9.1%.

SPHR - Operating Margin

Operating margin is calculated as operating income divided by revenue. For the three months ending on Apr 2026, Sphere Entertainment Co. reported an operating income of 28.92M and revenue of 394.28M, resulting in an operating margin of 7.3%.

OSW - Net Margin

Net margin is calculated as net income divided by revenue. For the three months ending on Apr 2026, OneSpaWorld Holdings Limited reported a net income of 12.06M and revenue of 242.13M, resulting in a net margin of 5.0%.

SPHR - Net Margin

Net margin is calculated as net income divided by revenue. For the three months ending on Apr 2026, Sphere Entertainment Co. reported a net income of 57.65M and revenue of 394.28M, resulting in a net margin of 14.6%.