Live Nation Entertainment, Inc. (LYV) 10-Year Financial Performance & Capital Metrics

LYV • • Industrial / General

Communication ServicesEntertainmentLive Events & Venue OperationsLive Music & Concert Promoters

AboutLive Nation Entertainment, Inc. operates as a live entertainment company. It operates through Concerts, Ticketing, and Sponsorship & Advertising segments. The Concerts segment promotes live music events in its owned or operated venues, and in rented third-party venues; operates and manages music venues; produces music festivals; creates associated content; and offers management and other services to artists. The Ticketing segment manages the ticketing operations, including the provision of ticketing software and services to clients for tickets and event information through its primary websites livenation.com and ticketmaster.com, as well as provides ticket resale services. This segment sells tickets for its events, as well as for third-party clients in various live event categories, such as arenas, stadiums, amphitheaters, music clubs, concert promoters, professional sports franchises and leagues, college sports teams, performing arts venues, museums, and theaters through websites, mobile apps, and ticket outlets. The Sponsorship & Advertising segment sells international, national, and local sponsorships and placement of advertising, including signage, promotional programs, rich media offering that comprise advertising related with live streaming and music-related content; and ads across its distribution network of venues, events, and websites. This segment also manages the development of strategic sponsorship programs, as well as develops, books, and produces custom events or programs for specific brands. As of December 31, 2021, it owned, operated, or leased 165 entertainment venues in North America and 94 entertainment venues internationally. The company was formerly known as Live Nation, Inc. and changed its name to Live Nation Entertainment, Inc. in January 2010. Live Nation Entertainment, Inc. was incorporated in 2005 and is headquartered in Beverly Hills, California.Show more

Revenue $23.16B +1.9%
EBITDA $1.37B -14.2%
Net Income $896M +60.9%
EPS (Diluted) 2.74 +104.5%
Gross Margin 25.17% +4.4%
EBITDA Margin 5.94% -15.8%
Operating Margin 3.56% -25.4%
Net Margin 3.87% +58.0%
ROE 52.32% +5.4%
ROIC 15.84% -36.3%
Debt/Equity 4.25 -25.4%
Interest Coverage 2.53 -18.3%

Technical Analysis

Key Insights

Based on financial data analysis

✓Strengths

✓Excellent 3Y average ROE of 49.7%
✓Strong 5Y profit CAGR of 66.6%
✓Strong Piotroski F-Score: 7/9
✓High quality earnings: Operating CF exceeds net income
✓Strong 5Y sales CAGR of 14.9%
✓Efficient asset utilization: 1.2x turnover

✗Weaknesses

✗High debt to equity ratio of 4.3x
✗Expensive at 17.7x book value

Price & Volume

Loading chart...

Growth Metrics

Revenue CAGR

10Y12.92%

5Y14.93%

3Y54.58%

TTM5.39%

Profit (Net Income) CAGR

10Y-

5Y66.57%

3Y-

TTM85.54%

EPS CAGR

10Y-

5Y-

3Y-

TTM-62.04%

ROCE

10Y Avg2.23%

5Y Avg0.05%

3Y Avg10.09%

Latest8.5%

Peer Comparison

Live Music & Concert Promoters

Name	Market Cap	Current Price	P/E Ratio	Revenue Growth 1Y	Net Margin	ROE	FCF Yield	Debt/Equity
MSGEMadison Square Garden Entertainment Corp.	2.4B	59.35	77.08	-1.72%	3.65%		3.89%
IMAXIMAX Corporation	1.85B	34.46	71.79	-6.04%	10.48%	9.06%	1.6%	0.74
LYVLive Nation Entertainment, Inc.	33.91B	146.02	53.29	1.89%	3.66%	45.37%	3.1%	4.25
CNKCinemark Holdings, Inc.	2.71B	23.09	11.21	-0.56%	4.91%	39.45%	11.62%	5.73
RDIReading International, Inc.	22.93M	1.09	-0.69	-5.48%	-8.23%	-250.31%
AMCAMC Entertainment Holdings, Inc.	825.84M	1.61	-1.52	-3.64%	-13.16%
RDIBReading International, Inc.	18.99M	11.30	-7.15	-5.48%	-6.54%	-250.31%
SPHRSphere Entertainment Co.	2.78B	97.87	-17.23		-14.68%	-6.97%		0.63

Profit & Loss

	Dec 2015	Dec 2016	Dec 2017	Dec 2018	Dec 2019	Dec 2020	Dec 2021	Dec 2022	Dec 2023	Dec 2024
Sales/Revenue+	7.25B	7.83B	9.69B	10.79B	11.55B	1.86B	6.27B	16.68B	22.73B	23.16B
Revenue Growth %	0.06%	0.08%	0.24%	0.11%	0.07%	-0.84%	2.37%	1.66%	0.36%	0.02%
Cost of Goods Sold+	5.2B	5.64B	7.18B	7.97B	8.47B	1.4B	4.36B	12.35B	17.25B	17.33B
COGS % of Revenue	0.72%	0.72%	0.74%	0.74%	0.73%	0.75%	0.69%	0.74%	0.76%	0.75%
Gross Profit+	2.05B	2.19B	2.51B	2.82B	3.08B	458.78M	1.91B	4.33B	5.48B	5.83B
Gross Margin %	0.28%	0.28%	0.26%	0.26%	0.27%	0.25%	0.31%	0.26%	0.24%	0.25%
Gross Profit Growth %	0.05%	0.07%	0.15%	0.13%	0.09%	-0.85%	3.17%	1.27%	0.26%	0.06%
Operating Expenses+	1.92B	1.99B	2.41B	2.55B	2.76B	2.11B	2.33B	3.61B	4.39B	5B
OpEx % of Revenue	0.26%	0.25%	0.25%	0.24%	0.24%	1.13%	0.37%	0.22%	0.19%	0.22%
Selling, General & Admin	1.41B	1.55B	1.91B	2B	2.15B	1.52B	1.75B	2.96B	3.56B	4.1B
SG&A % of Revenue	0.19%	0.2%	0.2%	0.19%	0.19%	0.82%	0.28%	0.18%	0.16%	0.18%
Research & Development	0	0	0	0	0	0	0	0	0	0
R&D % of Revenue	-	-	-	-	-	-	-	-	-	-
Other Operating Expenses	506.03M	443.77M	506.2M	550.3M	610.46M	587.63M	584.49M	655.73M	833.69M	906.54M
Operating Income+	131.37M	194.94M	91.4M	272.54M	324.84M	-1.65B	-417.86M	722.03M	1.08B	824.51M
Operating Margin %	0.02%	0.02%	0.01%	0.03%	0.03%	-0.89%	-0.07%	0.04%	0.05%	0.04%
Operating Income Growth %	17.34%	0.48%	-0.53%	1.98%	0.19%	-6.09%	0.75%	2.73%	0.5%	-0.24%
EBITDA+	528.61M	513.52M	463.6M	659.07M	768.84M	-1.17B	-1.58M	1.17B	1.6B	1.37B
EBITDA Margin %	0.07%	0.07%	0.05%	0.06%	0.07%	-0.63%	-0%	0.07%	0.07%	0.06%
EBITDA Growth %	0.41%	-0.03%	-0.1%	0.42%	0.17%	-2.52%	1%	742.31%	0.37%	-0.14%
D&A (Non-Cash Add-back)	397.24M	318.58M	372.2M	386.53M	443.99M	485.02M	416.28M	449.98M	516.8M	549.92M
EBIT	109.23M	154.83M	98.39M	272.08M	342.63M	-1.63B	-328.83M	769.01M	1.26B	1.07B
Net Interest Income+	-99.35M	-103.93M	-102.05M	-132.01M	-143.12M	-215.09M	-275.81M	-200.86M	-112.43M	-169.72M
Interest Income	3.53M	2.57M	5.72M	8.96M	14.41M	11.74M	6.63M	77.62M	237.82M	156.25M
Interest Expense	102.88M	106.51M	107.77M	140.98M	157.52M	226.83M	282.44M	278.48M	350.24M	325.97M
Other Income/Expense	-125.02M	-146.61M	-100.78M	-141.43M	-139.74M	-203.47M	-193.41M	-231.51M	-171.66M	-85.08M
Pretax Income+	6.35M	48.33M	-9.38M	131.1M	185.1M	-1.86B	-611.27M	490.52M	913.27M	739.43M
Pretax Margin %	0%	0.01%	-0%	0.01%	0.02%	-1%	-0.1%	0.03%	0.04%	0.03%
Income Tax+	22.12M	28.03M	-17.15M	40.77M	66.89M	-28.88M	-2.48M	115.94M	209.48M	-391.7M
Effective Tax Rate %	-5.12%	0.06%	0.64%	0.46%	0.38%	0.93%	1.06%	0.54%	0.61%	1.21%
Net Income+	-32.51M	2.94M	-6.01M	60.25M	69.89M	-1.72B	-650.9M	266.44M	556.89M	896.29M
Net Margin %	-0%	0%	-0%	0.01%	0.01%	-0.93%	-0.1%	0.02%	0.02%	0.04%
Net Income Growth %	0.64%	1.09%	-3.04%	11.02%	0.16%	-25.68%	0.62%	1.41%	1.09%	0.61%
Net Income (Continuing)	-15.77M	20.3M	7.77M	90.34M	118.21M	-1.83B	-608.79M	374.58M	703.8M	1.13B
Discontinued Operations	0	0	0	0	0	0	0	0	0	0
Minority Interest	473.68M	570.57M	481.68M	573.12M	767.63M	610.47M	946.12M	1.13B	1.5B	1.77B
EPS (Diluted)+	-0.33	-0.23	-0.48	-0.09	-0.02	-8.12	-3.09	0.64	1.34	2.74
EPS Growth %	0.33%	0.3%	-1.09%	0.81%	0.78%	-405%	0.62%	1.21%	1.09%	1.04%
EPS (Basic)	-0.33	-0.23	-0.48	-0.09	-0.02	-8.12	-3.09	0.66	1.35	2.77
Diluted Shares Outstanding	200.97M	202.08M	204.92M	207.44M	210.08M	212.27M	217.19M	231.56M	230.98M	236.35M
Basic Shares Outstanding	200.97M	202.08M	204.92M	207.44M	210.08M	212.27M	217.19M	224.81M	228.63M	230.12M
Dividend Payout Ratio	-	-	-	-	-	-	-	-	-	-

Balance Sheet

	Dec 2015	Dec 2016	Dec 2017	Dec 2018	Dec 2019	Dec 2020	Dec 2021	Dec 2022	Dec 2023	Dec 2024
Total Current Assets+	2.29B	2.67B	3.15B	3.85B	4.19B	3.65B	6.68B	8.16B	9.53B	9.29B
Cash & Short-Term Investments	1.3B	1.53B	1.83B	2.37B	2.47B	2.54B	4.88B	5.61B	6.23B	6.1B
Cash Only	1.3B	1.53B	1.83B	2.37B	2.47B	2.54B	4.88B	5.61B	6.23B	6.1B
Short-Term Investments	0	0	0	0	0	0	0	0	0	0
Accounts Receivable	452.6M	568.94M	746.58M	844.52M	1.03B	501.29M	1.09B	1.5B	2.07B	1.78B
Days Sales Outstanding	22.8	26.53	28.13	28.57	32.54	98.31	63.22	32.81	33.22	28.05
Inventory	14.39M	15.11M	17.47M	12.57M	16.11M	22M	33.83M	38.73M	45.14M	50.15M
Days Inventory Outstanding	1.01	0.98	0.89	0.58	0.69	5.73	2.83	1.14	0.96	1.06
Other Current Assets	21.98M	34.66M	16.66M	21.57M	9.94M	11.56M	24.86M	64.9M	40.27M	118.05M
Total Non-Current Assets+	3.87B	4.09B	4.35B	4.65B	6.78B	6.94B	7.72B	8.3B	9.5B	10.35B
Property, Plant & Equipment	731.28M	751.54M	885.94M	946.59M	2.52B	2.53B	2.63B	3.06B	3.71B	4.06B
Fixed Asset Turnover	9.91x	10.41x	10.93x	11.40x	4.58x	0.74x	2.38x	5.45x	6.13x	5.70x
Goodwill	1.6B	1.75B	1.75B	1.82B	2B	2.13B	2.59B	2.53B	2.69B	2.62B
Intangible Assets	1.15B	1.18B	1.1B	1.03B	1.24B	1.22B	1.4B	1.42B	1.54B	1.37B
Long-Term Investments	81.81M	82.03M	105.27M	137.21M	167.6M	170.49M	293.64M	408.79M	447.49M	504.19M
Other Non-Current Assets	303.44M	329.26M	507.44M	711.76M	857.57M	889.54M	807.5M	884.76M	1.07B	1.22B
Total Assets+	6.16B	6.76B	7.5B	8.5B	10.98B	10.59B	14.4B	16.46B	19.07B	19.64B
Asset Turnover	1.18x	1.16x	1.29x	1.27x	1.05x	0.18x	0.44x	1.01x	1.19x	1.18x
Asset Growth %	0.03%	0.1%	0.11%	0.13%	0.29%	-0.04%	0.36%	0.14%	0.16%	0.03%
Total Current Liabilities+	2.1B	2.46B	3.58B	3.75B	4.11B	3.8B	6.86B	8.3B	9.96B	9.36B
Accounts Payable	721.55M	781.5M	1.03B	1.13B	1.11B	830.45M	1.64B	1.97B	2.13B	2.1B
Days Payables Outstanding	50.68	50.58	52.57	51.65	47.68	216.14	137.67	58.27	45.16	44.29
Short-Term Debt	42.35M	53.32M	347.59M	82.14M	37.8M	53.41M	585.25M	620.03M	1.13B	260.9M
Deferred Revenue (Current)	1000K	1000K	1000K	1000K	1000K	1000K	1000K	1000K	1000K	1000K
Other Current Liabilities	189.01M	231.22M	394.1M	332.12M	335.63M	162.15M	370.17M	608.73M	658.42M	575.42M
Current Ratio	1.09x	1.09x	0.88x	1.03x	1.02x	0.96x	0.97x	0.98x	0.96x	0.99x
Quick Ratio	1.08x	1.08x	0.88x	1.02x	1.02x	0.96x	0.97x	0.98x	0.95x	0.99x
Cash Conversion Cycle	-26.87	-23.07	-23.55	-22.5	-14.45	-112.11	-71.61	-24.31	-10.98	-15.19
Total Non-Current Liabilities+	2.34B	2.61B	2.26B	3.07B	4.95B	6.65B	7.18B	7.39B	7.63B	8.34B
Long-Term Debt	2B	2.26B	1.95B	2.73B	3.27B	4.86B	5.15B	5.28B	5.45B	6.18B
Capital Lease Obligations	0	0	0	0	1.37B	1.45B	1.61B	1.65B	1.69B	1.68B
Deferred Tax Liabilities	199.47M	197.81M	137.63M	137.07M	178.17M	170.76M	236.55M	305.52M	324.7M	140.15M
Other Non-Current Liabilities	136.14M	144.28M	164.82M	177.47M	96.26M	93.87M	78.35M	93.49M	102.91M	217.55M
Total Liabilities	4.45B	5.07B	5.84B	6.82B	9.06B	10.45B	14.04B	15.7B	17.59B	17.69B
Total Debt+	2.05B	2.31B	2.3B	2.82B	4.81B	6.46B	7.46B	7.7B	8.44B	8.27B
Net Debt	741.89M	786.46M	474.64M	443.48M	2.34B	3.92B	2.58B	2.09B	2.21B	2.18B
Debt / Equity	1.20x	1.36x	1.38x	1.68x	2.51x	46.59x	20.53x	10.08x	5.70x	4.25x
Debt / EBITDA	3.87x	4.50x	4.96x	4.27x	6.25x	-	-	6.57x	5.27x	6.02x
Net Debt / EBITDA	1.40x	1.53x	1.02x	0.67x	3.04x	-	-	1.78x	1.38x	1.58x
Interest Coverage	1.28x	1.83x	0.85x	1.93x	2.06x	-7.29x	-1.48x	2.59x	3.10x	2.53x
Total Equity+	1.71B	1.7B	1.66B	1.67B	1.91B	138.7M	363.47M	763.56M	1.48B	1.95B
Equity Growth %	0.04%	-0.01%	-0.02%	0.01%	0.14%	-0.93%	1.62%	1.1%	0.94%	0.31%
Book Value per Share	8.51	8.40	8.11	8.06	9.11	0.65	1.67	3.30	6.41	8.23
Total Shareholders' Equity	1.24B	1.13B	1.18B	1.1B	1.15B	-471.77M	-582.65M	-367.57M	-17.15M	173.26M
Common Stock	2.02M	2.03M	2.07M	2.09M	2.11M	2.15M	2.22M	2.29M	2.3M	2.31M
Retained Earnings	-1.08B	-1.07B	-1.08B	-1.02B	-949.33M	-2.68B	-3.33B	-2.97B	-2.41B	-1.55B
Treasury Stock	-6.87M	-6.87M	-6.87M	-6.87M	-6.87M	-6.87M	-6.87M	-6.87M	-6.87M	-6.87M
Accumulated OCI	-111.66M	-176.71M	-108.54M	-145.23M	-145.71M	-177.01M	-147.96M	-90.08M	27.45M	-335.11M
Minority Interest	473.68M	570.57M	481.68M	573.12M	767.63M	610.47M	946.12M	1.13B	1.5B	1.77B

Cash Flow

	Dec 2015	Dec 2016	Dec 2017	Dec 2018	Dec 2019	Dec 2020	Dec 2021	Dec 2022	Dec 2023	Dec 2024
Cash from Operations+	307.85M	598.74M	623.52M	941.59M	469.78M	-1.08B	1.78B	1.84B	1.36B	1.73B
Operating CF Margin %	0.04%	0.08%	0.06%	0.09%	0.04%	-0.58%	0.28%	0.11%	0.06%	0.07%
Operating CF Growth %	0.05%	0.94%	0.04%	0.51%	-0.5%	-3.31%	2.64%	0.03%	-0.26%	0.27%
Net Income	-15.77M	20.3M	7.77M	90.34M	118.21M	-1.83B	-608.79M	409.19M	703.8M	1.13B
Depreciation & Amortization	397.24M	403.65M	455.53M	386.53M	443.99M	485.02M	416.28M	449.98M	516.8M	549.92M
Stock-Based Compensation	33.36M	32.72M	42.76M	45.58M	48.78M	116.89M	209.34M	110.05M	115.96M	110.35M
Deferred Taxes	-9.61M	-7.89M	-71.54M	-6.25M	-465K	-37.88M	-9.64M	7.2M	-44.02M	-708.57M
Other Non-Cash Items	36.31M	66.52M	59.49M	159.05M	147.17M	101.66M	-614K	217.79M	207.72M	-8.76M
Working Capital Changes	-133.68M	82.19M	128.99M	266.33M	-287.91M	79.46M	1.77B	637.85M	-137.29M	651.11M
Change in Receivables	-67.23M	-146.13M	-133.02M	-135.43M	-159.79M	490.59M	-485.21M	-463.98M	-525.74M	181.43M
Change in Inventory	0	-129.75M	-239.06M	-266.24M	-170.49M	0	0	0	0	0
Change in Payables	3.48M	193.78M	474.3M	323.46M	-45.92M	-1.38B	1.32B	1B	450.37M	13.78M
Cash from Investing+	-290.99M	-426.48M	-327.59M	-496.91M	-691M	-224.06M	-566.96M	-784.69M	-695.8M	-854.28M
Capital Expenditures	-142.49M	-173.83M	-238.44M	-239.83M	-323.57M	-213.75M	-152.73M	-347.21M	-438.6M	-666.63M
CapEx % of Revenue	0.02%	0.02%	0.02%	0.02%	0.03%	0.11%	0.02%	0.02%	0.02%	0.03%
Acquisitions	-	-	-	-	-	-	-	-	-	-
Investments	-	-	-	-	-	-	-	-	-	-
Other Investing	-36.72M	-12.1M	-16.04M	-90.35M	-76.54M	23.01M	-9.82M	-92.97M	-186.27M	-63.25M
Cash from Financing+	-36.47M	99.21M	-127.08M	188.78M	328.89M	1.35B	1.17B	-143.34M	-87.28M	-658.55M
Debt Issued (Net)	-	-	-	-	-	-	-	-	-	-
Equity Issued (Net)	-	-	-	-	-	-	-	-	-	-
Dividends Paid	0	0	0	0	0	0	0	0	0	0
Share Repurchases	-	-	-	-	-	-	-	-	-	-
Other Financing	-37.83M	-138.41M	-77.14M	-269.49M	-171.24M	-226.3M	-72.42M	-219.8M	-417.66M	-396.72M
Net Change in Cash	-	-	-	-	-	-	-	-	-	-
Free Cash Flow+	153.1M	418.68M	374.11M	666.12M	103.96M	-1.31B	1.62B	1.48B	887.72M	1.05B
FCF Margin %	0.02%	0.05%	0.04%	0.06%	0.01%	-0.7%	0.26%	0.09%	0.04%	0.05%
FCF Growth %	0.03%	1.73%	-0.11%	0.78%	-0.84%	-13.56%	2.24%	-0.09%	-0.4%	0.18%
FCF per Share	0.76	2.07	1.83	3.21	0.49	-6.15	7.46	6.40	3.84	4.44
FCF Conversion (FCF/Net Income)	-9.47x	203.51x	-103.66x	15.63x	6.72x	0.63x	-2.74x	6.89x	2.45x	1.92x
Interest Paid	92.62M	96.68M	87.11M	100.28M	103.92M	166.4M	224.4M	180.88M	57.37M	131.23M
Taxes Paid	44.29M	30.31M	44.87M	60.02M	66.94M	26.15M	15.91M	43.86M	175.15M	253.65M

Key Ratios

Metric	2015	2016	2017	2018	2019	2020	2021	2022	2023	2024
Return on Equity (ROE)	-1.93%	0.17%	-0.36%	3.61%	3.9%	-168.07%	-259.24%	47.28%	49.62%	52.32%
Return on Invested Capital (ROIC)	4.12%	5.92%	2.97%	9.61%	7.66%	-29.84%	-8.95%	18.69%	24.88%	15.84%
Gross Margin	28.28%	27.95%	25.86%	26.14%	26.68%	24.65%	30.51%	25.98%	24.09%	25.17%
Net Margin	-0.45%	0.04%	-0.06%	0.56%	0.61%	-92.66%	-10.38%	1.6%	2.45%	3.87%
Debt / Equity	1.20x	1.36x	1.38x	1.68x	2.51x	46.59x	20.53x	10.08x	5.70x	4.25x
Interest Coverage	1.28x	1.83x	0.85x	1.93x	2.06x	-7.29x	-1.48x	2.59x	3.10x	2.53x
FCF Conversion	-9.47x	203.51x	-103.66x	15.63x	6.72x	0.63x	-2.74x	6.89x	2.45x	1.92x
Revenue Growth	5.52%	8.01%	23.78%	11.36%	7.05%	-83.88%	236.8%	166.11%	36.24%	1.89%

Revenue by Segment

	2015	2016	2017	2018	2019	2020	2021	2022	2023	2024
Concerts	-	-	-	-	9.43B	1.47B	4.72B	13.49B	18.76B	19.02B
Concerts Growth	-	-	-	-	-	-84.42%	221.58%	185.76%	39.05%	1.39%
Ticketing	-	-	-	1.53B	1.55B	188.38M	1.13B	2.24B	2.96B	2.99B
Ticketing Growth	-	-	-	-	1.02%	-87.81%	502.11%	97.36%	32.20%	0.99%
Sponsorship and Advertising	333.73M	377.62M	445.15M	-	590.27M	203.68M	411.91M	968.15M	1.5B	1.2B
Sponsorship and Advertising Growth	-	13.15%	17.88%	-	-	-65.49%	102.24%	135.04%	54.94%	-20.33%
Corporate	-	-	-	-	-	-	-	-	-	-
Corporate Growth	-	-	-	-	-	-	-	-	-	-
Others	3.18M	7.98M	21.01M	-	3.16M	3.23M	2.99M	-19.61M	-69.29M	-
Others Growth	-	151.20%	163.37%	-	-	2.25%	-7.58%	-756.29%	-253.34%	-

Revenue by Geography

	2015	2016	2017	2018	2019	2020	2021	2022	2023	2024
Total Domestic Operations	5.04B	5.79B	6.77B	7.13B	7.63B	1.19B	5.06B	11.05B	14.24B	14.37B
Total Domestic Operations Growth	-	14.90%	17.00%	5.22%	7.10%	-84.35%	323.19%	118.50%	28.89%	0.96%
Total Foreign Operations	2.21B	2.57B	3.56B	3.66B	3.92B	666.54M	1.21B	5.63B	8.51B	8.78B
Total Foreign Operations Growth	-	16.25%	38.91%	2.71%	6.94%	-82.98%	81.96%	364.60%	51.05%	3.18%
Other Foreign Operations	1.53B	1.88B	2.78B	-	-	-	-	-	-	-
Other Foreign Operations Growth	-	22.67%	47.63%	-	-	-	-	-	-	-

Frequently Asked Questions

Valuation & Price

Live Nation Entertainment, Inc. (LYV) has a price-to-earnings (P/E) ratio of 53.3x. This suggests investors expect higher future growth.

Growth & Financials

Live Nation Entertainment, Inc. (LYV) reported $24.57B in revenue for fiscal year 2024. This represents a 356% increase from $5.38B in 2011.

Live Nation Entertainment, Inc. (LYV) grew revenue by 1.9% over the past year. Growth has been modest.

Yes, Live Nation Entertainment, Inc. (LYV) is profitable, generating $899.1M in net income for fiscal year 2024 (3.9% net margin).

Dividend & Returns

Live Nation Entertainment, Inc. (LYV) has a return on equity (ROE) of 52.3%. This is excellent, indicating efficient use of shareholder capital.

Live Nation Entertainment, Inc. (LYV) generated $1.61B in free cash flow for fiscal year 2024. Positive FCF indicates the company can fund dividends, buybacks, or reinvestment.

US Stock Screener

...

Live Nation Entertainment, Inc. (LYV) 10-Year Financial Performance & Capital Metrics

LYV • • Industrial / General

Communication ServicesEntertainmentLive Events & Venue OperationsLive Music & Concert Promoters

Revenue $23.16B +1.9%
EBITDA $1.37B -14.2%
Net Income $896M +60.9%
EPS (Diluted) 2.74 +104.5%
Gross Margin 25.17% +4.4%
EBITDA Margin 5.94% -15.8%
Operating Margin 3.56% -25.4%
Net Margin 3.87% +58.0%
ROE 52.32% +5.4%
ROIC 15.84% -36.3%
Debt/Equity 4.25 -25.4%
Interest Coverage 2.53 -18.3%

Technical Analysis

Key Insights

Based on financial data analysis

✓Strengths

✓Excellent 3Y average ROE of 49.7%
✓Strong 5Y profit CAGR of 66.6%
✓Strong Piotroski F-Score: 7/9
✓High quality earnings: Operating CF exceeds net income
✓Strong 5Y sales CAGR of 14.9%
✓Efficient asset utilization: 1.2x turnover

✗Weaknesses

✗High debt to equity ratio of 4.3x
✗Expensive at 17.7x book value

Price & Volume

Loading chart...

Growth Metrics

Revenue CAGR

10Y12.92%

5Y14.93%

3Y54.58%

TTM5.39%

Profit (Net Income) CAGR

10Y-

5Y66.57%

3Y-

TTM85.54%

EPS CAGR

10Y-

5Y-

3Y-

TTM-62.04%

ROCE

10Y Avg2.23%

5Y Avg0.05%

3Y Avg10.09%

Latest8.5%

Peer Comparison

Live Music & Concert Promoters

Name	Market Cap	Current Price	P/E Ratio	Revenue Growth 1Y	Net Margin	ROE	FCF Yield	Debt/Equity
MSGEMadison Square Garden Entertainment Corp.	2.4B	59.35	77.08	-1.72%	3.65%		3.89%
IMAXIMAX Corporation	1.85B	34.46	71.79	-6.04%	10.48%	9.06%	1.6%	0.74
LYVLive Nation Entertainment, Inc.	33.91B	146.02	53.29	1.89%	3.66%	45.37%	3.1%	4.25
CNKCinemark Holdings, Inc.	2.71B	23.09	11.21	-0.56%	4.91%	39.45%	11.62%	5.73
RDIReading International, Inc.	22.93M	1.09	-0.69	-5.48%	-8.23%	-250.31%
AMCAMC Entertainment Holdings, Inc.	825.84M	1.61	-1.52	-3.64%	-13.16%
RDIBReading International, Inc.	18.99M	11.30	-7.15	-5.48%	-6.54%	-250.31%
SPHRSphere Entertainment Co.	2.78B	97.87	-17.23		-14.68%	-6.97%		0.63

Profit & Loss

	Dec 2015	Dec 2016	Dec 2017	Dec 2018	Dec 2019	Dec 2020	Dec 2021	Dec 2022	Dec 2023	Dec 2024
Sales/Revenue+	7.25B	7.83B	9.69B	10.79B	11.55B	1.86B	6.27B	16.68B	22.73B	23.16B
Revenue Growth %	0.06%	0.08%	0.24%	0.11%	0.07%	-0.84%	2.37%	1.66%	0.36%	0.02%
Cost of Goods Sold+	5.2B	5.64B	7.18B	7.97B	8.47B	1.4B	4.36B	12.35B	17.25B	17.33B
COGS % of Revenue	0.72%	0.72%	0.74%	0.74%	0.73%	0.75%	0.69%	0.74%	0.76%	0.75%
Gross Profit+	2.05B	2.19B	2.51B	2.82B	3.08B	458.78M	1.91B	4.33B	5.48B	5.83B
Gross Margin %	0.28%	0.28%	0.26%	0.26%	0.27%	0.25%	0.31%	0.26%	0.24%	0.25%
Gross Profit Growth %	0.05%	0.07%	0.15%	0.13%	0.09%	-0.85%	3.17%	1.27%	0.26%	0.06%
Operating Expenses+	1.92B	1.99B	2.41B	2.55B	2.76B	2.11B	2.33B	3.61B	4.39B	5B
OpEx % of Revenue	0.26%	0.25%	0.25%	0.24%	0.24%	1.13%	0.37%	0.22%	0.19%	0.22%
Selling, General & Admin	1.41B	1.55B	1.91B	2B	2.15B	1.52B	1.75B	2.96B	3.56B	4.1B
SG&A % of Revenue	0.19%	0.2%	0.2%	0.19%	0.19%	0.82%	0.28%	0.18%	0.16%	0.18%
Research & Development	0	0	0	0	0	0	0	0	0	0
R&D % of Revenue	-	-	-	-	-	-	-	-	-	-
Other Operating Expenses	506.03M	443.77M	506.2M	550.3M	610.46M	587.63M	584.49M	655.73M	833.69M	906.54M
Operating Income+	131.37M	194.94M	91.4M	272.54M	324.84M	-1.65B	-417.86M	722.03M	1.08B	824.51M
Operating Margin %	0.02%	0.02%	0.01%	0.03%	0.03%	-0.89%	-0.07%	0.04%	0.05%	0.04%
Operating Income Growth %	17.34%	0.48%	-0.53%	1.98%	0.19%	-6.09%	0.75%	2.73%	0.5%	-0.24%
EBITDA+	528.61M	513.52M	463.6M	659.07M	768.84M	-1.17B	-1.58M	1.17B	1.6B	1.37B
EBITDA Margin %	0.07%	0.07%	0.05%	0.06%	0.07%	-0.63%	-0%	0.07%	0.07%	0.06%
EBITDA Growth %	0.41%	-0.03%	-0.1%	0.42%	0.17%	-2.52%	1%	742.31%	0.37%	-0.14%
D&A (Non-Cash Add-back)	397.24M	318.58M	372.2M	386.53M	443.99M	485.02M	416.28M	449.98M	516.8M	549.92M
EBIT	109.23M	154.83M	98.39M	272.08M	342.63M	-1.63B	-328.83M	769.01M	1.26B	1.07B
Net Interest Income+	-99.35M	-103.93M	-102.05M	-132.01M	-143.12M	-215.09M	-275.81M	-200.86M	-112.43M	-169.72M
Interest Income	3.53M	2.57M	5.72M	8.96M	14.41M	11.74M	6.63M	77.62M	237.82M	156.25M
Interest Expense	102.88M	106.51M	107.77M	140.98M	157.52M	226.83M	282.44M	278.48M	350.24M	325.97M
Other Income/Expense	-125.02M	-146.61M	-100.78M	-141.43M	-139.74M	-203.47M	-193.41M	-231.51M	-171.66M	-85.08M
Pretax Income+	6.35M	48.33M	-9.38M	131.1M	185.1M	-1.86B	-611.27M	490.52M	913.27M	739.43M
Pretax Margin %	0%	0.01%	-0%	0.01%	0.02%	-1%	-0.1%	0.03%	0.04%	0.03%
Income Tax+	22.12M	28.03M	-17.15M	40.77M	66.89M	-28.88M	-2.48M	115.94M	209.48M	-391.7M
Effective Tax Rate %	-5.12%	0.06%	0.64%	0.46%	0.38%	0.93%	1.06%	0.54%	0.61%	1.21%
Net Income+	-32.51M	2.94M	-6.01M	60.25M	69.89M	-1.72B	-650.9M	266.44M	556.89M	896.29M
Net Margin %	-0%	0%	-0%	0.01%	0.01%	-0.93%	-0.1%	0.02%	0.02%	0.04%
Net Income Growth %	0.64%	1.09%	-3.04%	11.02%	0.16%	-25.68%	0.62%	1.41%	1.09%	0.61%
Net Income (Continuing)	-15.77M	20.3M	7.77M	90.34M	118.21M	-1.83B	-608.79M	374.58M	703.8M	1.13B
Discontinued Operations	0	0	0	0	0	0	0	0	0	0
Minority Interest	473.68M	570.57M	481.68M	573.12M	767.63M	610.47M	946.12M	1.13B	1.5B	1.77B
EPS (Diluted)+	-0.33	-0.23	-0.48	-0.09	-0.02	-8.12	-3.09	0.64	1.34	2.74
EPS Growth %	0.33%	0.3%	-1.09%	0.81%	0.78%	-405%	0.62%	1.21%	1.09%	1.04%
EPS (Basic)	-0.33	-0.23	-0.48	-0.09	-0.02	-8.12	-3.09	0.66	1.35	2.77
Diluted Shares Outstanding	200.97M	202.08M	204.92M	207.44M	210.08M	212.27M	217.19M	231.56M	230.98M	236.35M
Basic Shares Outstanding	200.97M	202.08M	204.92M	207.44M	210.08M	212.27M	217.19M	224.81M	228.63M	230.12M
Dividend Payout Ratio	-	-	-	-	-	-	-	-	-	-

Balance Sheet

	Dec 2015	Dec 2016	Dec 2017	Dec 2018	Dec 2019	Dec 2020	Dec 2021	Dec 2022	Dec 2023	Dec 2024
Total Current Assets+	2.29B	2.67B	3.15B	3.85B	4.19B	3.65B	6.68B	8.16B	9.53B	9.29B
Cash & Short-Term Investments	1.3B	1.53B	1.83B	2.37B	2.47B	2.54B	4.88B	5.61B	6.23B	6.1B
Cash Only	1.3B	1.53B	1.83B	2.37B	2.47B	2.54B	4.88B	5.61B	6.23B	6.1B
Short-Term Investments	0	0	0	0	0	0	0	0	0	0
Accounts Receivable	452.6M	568.94M	746.58M	844.52M	1.03B	501.29M	1.09B	1.5B	2.07B	1.78B
Days Sales Outstanding	22.8	26.53	28.13	28.57	32.54	98.31	63.22	32.81	33.22	28.05
Inventory	14.39M	15.11M	17.47M	12.57M	16.11M	22M	33.83M	38.73M	45.14M	50.15M
Days Inventory Outstanding	1.01	0.98	0.89	0.58	0.69	5.73	2.83	1.14	0.96	1.06
Other Current Assets	21.98M	34.66M	16.66M	21.57M	9.94M	11.56M	24.86M	64.9M	40.27M	118.05M
Total Non-Current Assets+	3.87B	4.09B	4.35B	4.65B	6.78B	6.94B	7.72B	8.3B	9.5B	10.35B
Property, Plant & Equipment	731.28M	751.54M	885.94M	946.59M	2.52B	2.53B	2.63B	3.06B	3.71B	4.06B
Fixed Asset Turnover	9.91x	10.41x	10.93x	11.40x	4.58x	0.74x	2.38x	5.45x	6.13x	5.70x
Goodwill	1.6B	1.75B	1.75B	1.82B	2B	2.13B	2.59B	2.53B	2.69B	2.62B
Intangible Assets	1.15B	1.18B	1.1B	1.03B	1.24B	1.22B	1.4B	1.42B	1.54B	1.37B
Long-Term Investments	81.81M	82.03M	105.27M	137.21M	167.6M	170.49M	293.64M	408.79M	447.49M	504.19M
Other Non-Current Assets	303.44M	329.26M	507.44M	711.76M	857.57M	889.54M	807.5M	884.76M	1.07B	1.22B
Total Assets+	6.16B	6.76B	7.5B	8.5B	10.98B	10.59B	14.4B	16.46B	19.07B	19.64B
Asset Turnover	1.18x	1.16x	1.29x	1.27x	1.05x	0.18x	0.44x	1.01x	1.19x	1.18x
Asset Growth %	0.03%	0.1%	0.11%	0.13%	0.29%	-0.04%	0.36%	0.14%	0.16%	0.03%
Total Current Liabilities+	2.1B	2.46B	3.58B	3.75B	4.11B	3.8B	6.86B	8.3B	9.96B	9.36B
Accounts Payable	721.55M	781.5M	1.03B	1.13B	1.11B	830.45M	1.64B	1.97B	2.13B	2.1B
Days Payables Outstanding	50.68	50.58	52.57	51.65	47.68	216.14	137.67	58.27	45.16	44.29
Short-Term Debt	42.35M	53.32M	347.59M	82.14M	37.8M	53.41M	585.25M	620.03M	1.13B	260.9M
Deferred Revenue (Current)	1000K	1000K	1000K	1000K	1000K	1000K	1000K	1000K	1000K	1000K
Other Current Liabilities	189.01M	231.22M	394.1M	332.12M	335.63M	162.15M	370.17M	608.73M	658.42M	575.42M
Current Ratio	1.09x	1.09x	0.88x	1.03x	1.02x	0.96x	0.97x	0.98x	0.96x	0.99x
Quick Ratio	1.08x	1.08x	0.88x	1.02x	1.02x	0.96x	0.97x	0.98x	0.95x	0.99x
Cash Conversion Cycle	-26.87	-23.07	-23.55	-22.5	-14.45	-112.11	-71.61	-24.31	-10.98	-15.19
Total Non-Current Liabilities+	2.34B	2.61B	2.26B	3.07B	4.95B	6.65B	7.18B	7.39B	7.63B	8.34B
Long-Term Debt	2B	2.26B	1.95B	2.73B	3.27B	4.86B	5.15B	5.28B	5.45B	6.18B
Capital Lease Obligations	0	0	0	0	1.37B	1.45B	1.61B	1.65B	1.69B	1.68B
Deferred Tax Liabilities	199.47M	197.81M	137.63M	137.07M	178.17M	170.76M	236.55M	305.52M	324.7M	140.15M
Other Non-Current Liabilities	136.14M	144.28M	164.82M	177.47M	96.26M	93.87M	78.35M	93.49M	102.91M	217.55M
Total Liabilities	4.45B	5.07B	5.84B	6.82B	9.06B	10.45B	14.04B	15.7B	17.59B	17.69B
Total Debt+	2.05B	2.31B	2.3B	2.82B	4.81B	6.46B	7.46B	7.7B	8.44B	8.27B
Net Debt	741.89M	786.46M	474.64M	443.48M	2.34B	3.92B	2.58B	2.09B	2.21B	2.18B
Debt / Equity	1.20x	1.36x	1.38x	1.68x	2.51x	46.59x	20.53x	10.08x	5.70x	4.25x
Debt / EBITDA	3.87x	4.50x	4.96x	4.27x	6.25x	-	-	6.57x	5.27x	6.02x
Net Debt / EBITDA	1.40x	1.53x	1.02x	0.67x	3.04x	-	-	1.78x	1.38x	1.58x
Interest Coverage	1.28x	1.83x	0.85x	1.93x	2.06x	-7.29x	-1.48x	2.59x	3.10x	2.53x
Total Equity+	1.71B	1.7B	1.66B	1.67B	1.91B	138.7M	363.47M	763.56M	1.48B	1.95B
Equity Growth %	0.04%	-0.01%	-0.02%	0.01%	0.14%	-0.93%	1.62%	1.1%	0.94%	0.31%
Book Value per Share	8.51	8.40	8.11	8.06	9.11	0.65	1.67	3.30	6.41	8.23
Total Shareholders' Equity	1.24B	1.13B	1.18B	1.1B	1.15B	-471.77M	-582.65M	-367.57M	-17.15M	173.26M
Common Stock	2.02M	2.03M	2.07M	2.09M	2.11M	2.15M	2.22M	2.29M	2.3M	2.31M
Retained Earnings	-1.08B	-1.07B	-1.08B	-1.02B	-949.33M	-2.68B	-3.33B	-2.97B	-2.41B	-1.55B
Treasury Stock	-6.87M	-6.87M	-6.87M	-6.87M	-6.87M	-6.87M	-6.87M	-6.87M	-6.87M	-6.87M
Accumulated OCI	-111.66M	-176.71M	-108.54M	-145.23M	-145.71M	-177.01M	-147.96M	-90.08M	27.45M	-335.11M
Minority Interest	473.68M	570.57M	481.68M	573.12M	767.63M	610.47M	946.12M	1.13B	1.5B	1.77B

Cash Flow

	Dec 2015	Dec 2016	Dec 2017	Dec 2018	Dec 2019	Dec 2020	Dec 2021	Dec 2022	Dec 2023	Dec 2024
Cash from Operations+	307.85M	598.74M	623.52M	941.59M	469.78M	-1.08B	1.78B	1.84B	1.36B	1.73B
Operating CF Margin %	0.04%	0.08%	0.06%	0.09%	0.04%	-0.58%	0.28%	0.11%	0.06%	0.07%
Operating CF Growth %	0.05%	0.94%	0.04%	0.51%	-0.5%	-3.31%	2.64%	0.03%	-0.26%	0.27%
Net Income	-15.77M	20.3M	7.77M	90.34M	118.21M	-1.83B	-608.79M	409.19M	703.8M	1.13B
Depreciation & Amortization	397.24M	403.65M	455.53M	386.53M	443.99M	485.02M	416.28M	449.98M	516.8M	549.92M
Stock-Based Compensation	33.36M	32.72M	42.76M	45.58M	48.78M	116.89M	209.34M	110.05M	115.96M	110.35M
Deferred Taxes	-9.61M	-7.89M	-71.54M	-6.25M	-465K	-37.88M	-9.64M	7.2M	-44.02M	-708.57M
Other Non-Cash Items	36.31M	66.52M	59.49M	159.05M	147.17M	101.66M	-614K	217.79M	207.72M	-8.76M
Working Capital Changes	-133.68M	82.19M	128.99M	266.33M	-287.91M	79.46M	1.77B	637.85M	-137.29M	651.11M
Change in Receivables	-67.23M	-146.13M	-133.02M	-135.43M	-159.79M	490.59M	-485.21M	-463.98M	-525.74M	181.43M
Change in Inventory	0	-129.75M	-239.06M	-266.24M	-170.49M	0	0	0	0	0
Change in Payables	3.48M	193.78M	474.3M	323.46M	-45.92M	-1.38B	1.32B	1B	450.37M	13.78M
Cash from Investing+	-290.99M	-426.48M	-327.59M	-496.91M	-691M	-224.06M	-566.96M	-784.69M	-695.8M	-854.28M
Capital Expenditures	-142.49M	-173.83M	-238.44M	-239.83M	-323.57M	-213.75M	-152.73M	-347.21M	-438.6M	-666.63M
CapEx % of Revenue	0.02%	0.02%	0.02%	0.02%	0.03%	0.11%	0.02%	0.02%	0.02%	0.03%
Acquisitions	-	-	-	-	-	-	-	-	-	-
Investments	-	-	-	-	-	-	-	-	-	-
Other Investing	-36.72M	-12.1M	-16.04M	-90.35M	-76.54M	23.01M	-9.82M	-92.97M	-186.27M	-63.25M
Cash from Financing+	-36.47M	99.21M	-127.08M	188.78M	328.89M	1.35B	1.17B	-143.34M	-87.28M	-658.55M
Debt Issued (Net)	-	-	-	-	-	-	-	-	-	-
Equity Issued (Net)	-	-	-	-	-	-	-	-	-	-
Dividends Paid	0	0	0	0	0	0	0	0	0	0
Share Repurchases	-	-	-	-	-	-	-	-	-	-
Other Financing	-37.83M	-138.41M	-77.14M	-269.49M	-171.24M	-226.3M	-72.42M	-219.8M	-417.66M	-396.72M
Net Change in Cash	-	-	-	-	-	-	-	-	-	-
Free Cash Flow+	153.1M	418.68M	374.11M	666.12M	103.96M	-1.31B	1.62B	1.48B	887.72M	1.05B
FCF Margin %	0.02%	0.05%	0.04%	0.06%	0.01%	-0.7%	0.26%	0.09%	0.04%	0.05%
FCF Growth %	0.03%	1.73%	-0.11%	0.78%	-0.84%	-13.56%	2.24%	-0.09%	-0.4%	0.18%
FCF per Share	0.76	2.07	1.83	3.21	0.49	-6.15	7.46	6.40	3.84	4.44
FCF Conversion (FCF/Net Income)	-9.47x	203.51x	-103.66x	15.63x	6.72x	0.63x	-2.74x	6.89x	2.45x	1.92x
Interest Paid	92.62M	96.68M	87.11M	100.28M	103.92M	166.4M	224.4M	180.88M	57.37M	131.23M
Taxes Paid	44.29M	30.31M	44.87M	60.02M	66.94M	26.15M	15.91M	43.86M	175.15M	253.65M

Key Ratios

Metric	2015	2016	2017	2018	2019	2020	2021	2022	2023	2024
Return on Equity (ROE)	-1.93%	0.17%	-0.36%	3.61%	3.9%	-168.07%	-259.24%	47.28%	49.62%	52.32%
Return on Invested Capital (ROIC)	4.12%	5.92%	2.97%	9.61%	7.66%	-29.84%	-8.95%	18.69%	24.88%	15.84%
Gross Margin	28.28%	27.95%	25.86%	26.14%	26.68%	24.65%	30.51%	25.98%	24.09%	25.17%
Net Margin	-0.45%	0.04%	-0.06%	0.56%	0.61%	-92.66%	-10.38%	1.6%	2.45%	3.87%
Debt / Equity	1.20x	1.36x	1.38x	1.68x	2.51x	46.59x	20.53x	10.08x	5.70x	4.25x
Interest Coverage	1.28x	1.83x	0.85x	1.93x	2.06x	-7.29x	-1.48x	2.59x	3.10x	2.53x
FCF Conversion	-9.47x	203.51x	-103.66x	15.63x	6.72x	0.63x	-2.74x	6.89x	2.45x	1.92x
Revenue Growth	5.52%	8.01%	23.78%	11.36%	7.05%	-83.88%	236.8%	166.11%	36.24%	1.89%

Revenue by Segment

	2015	2016	2017	2018	2019	2020	2021	2022	2023	2024
Concerts	-	-	-	-	9.43B	1.47B	4.72B	13.49B	18.76B	19.02B
Concerts Growth	-	-	-	-	-	-84.42%	221.58%	185.76%	39.05%	1.39%
Ticketing	-	-	-	1.53B	1.55B	188.38M	1.13B	2.24B	2.96B	2.99B
Ticketing Growth	-	-	-	-	1.02%	-87.81%	502.11%	97.36%	32.20%	0.99%
Sponsorship and Advertising	333.73M	377.62M	445.15M	-	590.27M	203.68M	411.91M	968.15M	1.5B	1.2B
Sponsorship and Advertising Growth	-	13.15%	17.88%	-	-	-65.49%	102.24%	135.04%	54.94%	-20.33%
Corporate	-	-	-	-	-	-	-	-	-	-
Corporate Growth	-	-	-	-	-	-	-	-	-	-
Others	3.18M	7.98M	21.01M	-	3.16M	3.23M	2.99M	-19.61M	-69.29M	-
Others Growth	-	151.20%	163.37%	-	-	2.25%	-7.58%	-756.29%	-253.34%	-

Revenue by Geography

	2015	2016	2017	2018	2019	2020	2021	2022	2023	2024
Total Domestic Operations	5.04B	5.79B	6.77B	7.13B	7.63B	1.19B	5.06B	11.05B	14.24B	14.37B
Total Domestic Operations Growth	-	14.90%	17.00%	5.22%	7.10%	-84.35%	323.19%	118.50%	28.89%	0.96%
Total Foreign Operations	2.21B	2.57B	3.56B	3.66B	3.92B	666.54M	1.21B	5.63B	8.51B	8.78B
Total Foreign Operations Growth	-	16.25%	38.91%	2.71%	6.94%	-82.98%	81.96%	364.60%	51.05%	3.18%
Other Foreign Operations	1.53B	1.88B	2.78B	-	-	-	-	-	-	-
Other Foreign Operations Growth	-	22.67%	47.63%	-	-	-	-	-	-	-

Frequently Asked Questions

Valuation & Price

Live Nation Entertainment, Inc. (LYV) has a price-to-earnings (P/E) ratio of 53.3x. This suggests investors expect higher future growth.

Growth & Financials

Live Nation Entertainment, Inc. (LYV) reported $24.57B in revenue for fiscal year 2024. This represents a 356% increase from $5.38B in 2011.

Live Nation Entertainment, Inc. (LYV) grew revenue by 1.9% over the past year. Growth has been modest.

Yes, Live Nation Entertainment, Inc. (LYV) is profitable, generating $899.1M in net income for fiscal year 2024 (3.9% net margin).

Dividend & Returns

Live Nation Entertainment, Inc. (LYV) has a return on equity (ROE) of 52.3%. This is excellent, indicating efficient use of shareholder capital.

Live Nation Entertainment, Inc. (LYV) generated $1.61B in free cash flow for fiscal year 2024. Positive FCF indicates the company can fund dividends, buybacks, or reinvestment.