Our Company We believe that we are the largest live entertainment company in the world, connecting over 805 million fans across all of our concerts and ticketing platforms in 55 countries during 2025. We believe we are the largest producer of live music concerts in the world, based on total fans that attend Live Nation events as compared to events of other promoters, connecting 159 million fans to over 11,000 artists at 55,000 events in 2025. Live Nation owns, operates, has exclusive booking rights for or has an equity interest in 460 venues globally, including House of Blues® music venues and prestigious locations such as The Fillmore® in San Francisco, Brooklyn Bowl® in New York City, the Hollywood Palladium in Los Angeles, the Moody Center© arena in Austin, the Ziggo Dome in Amsterdam, 3Arena in Dublin, Royal Arena in Copenhagen and Spark Arena in Auckland. We believe we are one of the world’s leading artist management companies based on the number of artists represented.
| Metric | TTM | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 |
|---|---|---|---|---|---|---|
| Revenue | 25.2B | 25.2B | 23.2B | 22.7B | 16.7B | 6.3B |
| Net Income | 496M | 496M | 638M | 309M | 149M | -671M |
| EPS | $-0.24 | $-0.24 | $2.74 | $1.34 | $0.64 | $-3.09 |
| Free Cash Flow | 334M | 334M | 1.1B | 924M | 1.5B | 1.6B |
| ROIC | 37.8% | 3.2% | 10.9% | 4.4% | 3.6% | -14.7% |
| Gross Margin | 25.5% | 25.5% | 24.9% | 24.1% | 26.0% | 30.5% |
| Debt/Equity | 32.42 | 32.42 | 38.66 | -147.74 | -17.75 | -10.84 |
| Dividends/Share | $0.00 | - | - | - | - | - |
| Operating Income | 1.3B | 1.3B | 825M | 1.1B | 732M | -418M |
| Operating Margin | 5.0% | 5.0% | 3.6% | 4.8% | 4.4% | -6.7% |
| ROE | 183.0% | 223.3% | 368.3% | - | -40.6% | 115.1% |
| Shares Outstanding | 235M | 235M | 233M | 231M | 233M | 217M |
Live Nation Entertainment, Inc. passes 3 of 9 quality checks, indicating weak fundamentals.
On a free-cash-flow basis, the stock trades at 116.6x vs a median of 16.0x. The company's 5-year average ROIC is 1.5% with a gross margin of 26.2%. At current prices, the estimated annualized return to fair value is +13.9%.
Live Nation Entertainment, Inc. (LYV) has a 5-year average return on invested capital (ROIC) of 1.5%. This is below average and may indicate limited pricing power.
Live Nation Entertainment, Inc. (LYV) has a market capitalization of $38.9B. It is classified as a large-cap stock.
Live Nation Entertainment, Inc. (LYV) does not currently pay a regular dividend. However, the company returns capital to shareholders through share buybacks, with a buyback yield of 0.06%.
Live Nation Entertainment, Inc. (LYV) operates in the Services-Amusement & Recreation Services industry, within the Consumer Cyclical sector.
Live Nation Entertainment, Inc. (LYV) reported annual revenue of $25.2 billion in its most recent fiscal year, based on SEC EDGAR filings.
Live Nation Entertainment, Inc. (LYV) has a net profit margin of 2.0%. This is a modest margin.
Live Nation Entertainment, Inc. (LYV) generated $334 million in free cash flow in its most recent fiscal year. Positive free cash flow supports dividends, buybacks, and debt reduction.
Live Nation Entertainment, Inc. (LYV) has a debt-to-equity ratio of 32.42. This indicates higher leverage, which may increase financial risk.
Live Nation Entertainment, Inc. (LYV) reported earnings per share (EPS) of $-0.24 in its most recent fiscal year.
Live Nation Entertainment, Inc. (LYV) has a return on equity (ROE) of 223.3%. This indicates the company generates strong returns for shareholders.
Live Nation Entertainment, Inc. (LYV) has a 5-year average gross margin of 26.2%. This lower margin is typical of capital-intensive or commodity businesses.
The Ledger Terminal provides 17 years of financial data for Live Nation Entertainment, Inc. (LYV), sourced directly from SEC EDGAR filings. This includes income statements, balance sheets, cash flow statements, and key financial ratios.
Live Nation Entertainment, Inc. (LYV) has a book value per share of $1.15, based on its most recent annual SEC filing.