Coherent vortex structures are formed in the late wakes of towed spheres for all values of the internal Froude number, F≡2U/ND∈ [10, 240] (U is the body speed, D its diameter, and N is the buoyancy frequency). The eventual emergence of the long-lived and stable pattern of alternating-signed patches of vertical vorticity is characteristic of all towed-sphere wakes, from those dominated by internal lee waves at F=1, to initially fully turbulent early wakes at F[ges ]4. At late times, the local Froude number is always low, and a characteristic stratified wake structure and dynamics result. These wakes have high mean wake defect velocities compared with non-stratified wakes, but the decay rates of energy and enstrophy are similar. Experimental evidence is presented for the existence of an intermediate non-equilibrium (NEQ) regime with very low decay rates of kinetic energy, that precedes the late wake. The NEQ regime is the period when the initial turbulence reorganizes under the increasingly (relative to the decaying turbulent kinetic energy) powerful influence of the background density gradient, accompanied by conversion of potential to kinetic energy as the wake turbulence collapses. The stable long-lived late-wake structure that eventually emerges has a high degree of order and coherence that reflects the initial wake instability. A universal curve for the energy decay of all stratified drag wakes at high Froude and Reynolds numbers is proposed.