Live Nation Entertainment
LYV
170.84
-0.96
-0.56%
Live Nation Entertainment
US · LYV
#551 by market cap
Listed 1970
170.84
-0.96
-0.56%
Live - 5344 symbols - heartbeat 116s ago
· 2026-10-08 04:01
Pre-market
171.00
+0.09%
After-hours
170.84
0.00%
- Market cap
- 40.26B
- P/E (TTM)i
- -153.91
- P/Bi
- 489.51
- EPSi
- -0.24
- Div yieldi
- 0.00%
- 52W posi
- 71%
Reader sentiment
Are you bullish or bearish on LYV?
Anonymous reader poll. Unscientific, not investment advice.
✦ Quant Financial Health how this is computed
Fair
- Altman Z-Score is 2.36, in the 1.8-3.0 "grey zone".
- Most reliable for industrial/manufacturing companies; less meaningful for banks, insurers and other financials.
Revenue annual, last 8 years
Latest year +8.83% YoY
Margins
- Gross margin
- 25.55%
- Operating margin
- 4.89%
- Net margin
- -0.22%
Key ratios & quality
- Enterprise valuei
- 41.53B
- Altman Z-Scorei
- 2.36
Altman Z-Score below ~1.8 suggests financial distress risk, above ~3.0 suggests low risk; the model is most reliable for industrial/manufacturing companies and less meaningful for banks and other financial firms.
Income statement
| Line item | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 10.79B | 11.55B | 1.86B | 6.27B | 16.68B | 22.73B | 23.16B | 25.20B |
| Gross profit | 2.82B | 3.08B | 458.78M | 1.91B | 4.33B | 5.44B | 5.77B | 6.44B |
| Selling & admin expenses | 2.00B | 2.15B | 1.52B | 1.75B | 2.96B | 3.52B | 4.04B | 4.09B |
| Research & development | -- | -- | -- | -- | -- | -- | -- | -- |
| Operating profit | 282.91M | 322.47M | -1.65B | -410.07M | 689.95M | 1.07B | 813.50M | 1.23B |
| Pretax profit | 131.11M | 185.10M | -1.86B | -611.27M | 490.52M | 913.27M | 739.43M | 1.03B |
| Tax | 40.77M | 66.89M | -28.88M | -2.48M | 115.94M | 209.48M | -391.70M | 339.79M |
| Net profit | 90.34M | 118.21M | -1.83B | -608.79M | 374.58M | 703.80M | 1.13B | 690.74M |
| Basic EPS | 0 | 0 | -8 | -3 | 1 | 1 | 3 | 0 |
| Diluted EPS | -0.09 | -0.02 | -8.12 | -3.09 | 0.52 | 1.34 | 2.74 | -0.24 |
| Line item | 2025-03 | 2025-06 | 2025-09 | 2025-12 | 2026-03 | 2026-06 |
|---|---|---|---|---|---|---|
| Revenue | 3.38B | 7.01B | 8.50B | 6.31B | 3.79B | 7.67B |
| Gross profit | 1.13B | 1.80B | 2.06B | 1.45B | 1.31B | 1.94B |
| Selling & admin expenses | 778.92M | 1.00B | 1.01B | 1.30B | 961.52M | 1.13B |
| Research & development | -- | -- | -- | -- | -- | -- |
| Operating profit | 112.57M | 485.80M | 777.60M | -143.28M | -376.54M | 513.40M |
| Pretax profit | 66.01M | 420.39M | 729.82M | -185.69M | -412.10M | 518.60M |
| Tax | 19.71M | 117.65M | 251.84M | -49.41M | -32.09M | 115.72M |
| Net profit | 46.30M | 302.74M | 477.98M | -136.28M | -380.02M | 402.88M |
| Basic EPS | 0 | 0 | 1 | -1 | -2 | 1 |
| Diluted EPS | -0.32 | 0.41 | 0.73 | -1.07 | -1.85 | 1.05 |
Balance sheet
| Line item | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|
| Total current assets | 3.85B | 4.19B | 3.65B | 6.68B | 8.16B | 9.53B | 9.29B | 10.97B |
| Cash & ST investments | 2.37B | 2.47B | 2.54B | 4.88B | 5.61B | 6.23B | 6.10B | 7.09B |
| Inventory | 12.58M | 16.11M | 22.00M | 33.83M | 38.73M | 45.14M | 50.15M | 56.58M |
| Total assets | 8.50B | 10.98B | 10.59B | 14.40B | 16.46B | 19.03B | 19.64B | 22.91B |
| Total current liabilities | 3.75B | 4.11B | 3.80B | 6.86B | 8.30B | 9.98B | 9.36B | 11.03B |
| Short-term debt | 82.14M | 159.75M | 160.56M | 708.97M | 760.26M | 1.29B | 414.31M | 755.39M |
| Long-term debt | 2.73B | 3.27B | 4.86B | 5.15B | 5.28B | 5.46B | 6.18B | 7.61B |
| Total liabilities | 6,824,788,000.00 | 9,062,163,000.00 | 10,450,606,000.00 | 14,038,851,000.00 | 15,697,278,000.00 | 17,617,710,000.00 | 17,693,476,000.00 | 21,093,686,000.00 |
| Total equity | 1.67B | 1.91B | 138.70M | 363.47M | 763.56M | 1.41B | 1.95B | 1.82B |
| Retained earnings | -1.02B | -949.33M | -2.68B | -3.33B | -2.97B | -2.44B | -1.55B | -1.04B |
| Line item | 2025-03 | 2025-06 | 2025-09 | 2025-12 | 2026-03 | 2026-06 |
|---|---|---|---|---|---|---|
| Total current assets | 11.07B | 11.82B | 11.31B | 10.97B | 13.64B | 14.96B |
| Cash & ST investments | 7.16B | 7.06B | 6.75B | 7.09B | 9.08B | 9.07B |
| Inventory | -- | -- | -- | 56.58M | -- | -- |
| Total assets | 21.83B | 23.15B | 22.89B | 22.91B | 26.07B | 28.18B |
| Total current liabilities | 11.52B | 13.46B | 12.28B | 11.03B | 15.42B | 17.56B |
| Short-term debt | 631.48M | 1.64B | 1.41B | 755.39M | 1.80B | 2.97B |
| Long-term debt | 5.93B | 4.99B | 6.11B | 7.61B | 6.71B | 6.23B |
| Total liabilities | 19,717,758,000.00 | 20,844,751,000.00 | 20,906,292,000.00 | 21,093,686,000.00 | 24,634,550,000.00 | 26,361,661,000.00 |
| Total equity | 2.11B | 2.31B | 1.98B | 1.82B | 1.43B | 1.82B |
| Retained earnings | -1.51B | -1.27B | -839.88M | -1.04B | -1.43B | -1.14B |
Cash flow
| Line item | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|
| Operating cash flow | 941.59M | 469.78M | -1.08B | 1.78B | 1.84B | 1.36B | 1.73B | 1.40B |
| Depreciation & amortization | 386.53M | 443.99M | 485.03M | 416.28M | 449.98M | 516.80M | 549.92M | 638.87M |
| Free cash flow | 666.12M | 103.96M | -1.31B | 1.62B | 1.48B | 887.72M | 1.05B | 304.98M |
| Dividends paid | -- | -- | -- | -- | -- | -- | -- | -- |
| Stock buybacks / issuance | -- | 0 | 0 | 449.63M | -- | 0 | 0 | -23.53M |
| Ending cash balance | 2.38B | 2.47B | 2.55B | 4.89B | 5.62B | 6.24B | 6.11B | 7.11B |
| Line item | 2025-03 | 2025-06 | 2025-09 | 2025-12 | 2026-03 | 2026-06 |
|---|---|---|---|---|---|---|
| Operating cash flow | 1.32B | 223.47M | -95.68M | -53.73M | 2.34B | 419.27M |
| Depreciation & amortization | 149.46M | 159.03M | 165.60M | 164.79M | 169.30M | 188.46M |
| Free cash flow | 1.13B | -39.95M | -371.27M | -413.47M | 2.03B | 129.75M |
| Dividends paid | -- | -- | -- | -- | -- | -- |
| Stock buybacks / issuance | -- | -- | -- | -- | -- | -- |
| Ending cash balance | 7.17B | 7.07B | 6.76B | 7.11B | 9.09B | 9.17B |
Returns & efficiency
| Line item | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|
| ROE %i | -1.55 | -0.44 | -511.34 | -- | -- | -- | 817.62 | -24.68 |
| ROA %i | -0.22 | -0.05 | -15.98 | -5.37 | 0.97 | 1.78 | 3.30 | -0.26 |
| ROIC %i | 1.94 | 1.75 | -25.32 | -- | -- | -- | 9.16 | 0.59 |
| 5-year avg ROE %i | -5.26 | -3.92 | -105.15 | -- | -- | -- | -- | -- |
| EBIT margin %i | 2.50 | 2.97 | -87.57 | -5.25 | 4.70 | 5.47 | 4.60 | 5.34 |
| FCF / sales %i | 6.17 | 0.90 | -- | 25.86 | 8.86 | 3.94 | 4.53 | 1.21 |
| Current ratioi | 1.03 | 1.02 | 0.96 | 0.97 | 0.98 | 0.95 | 0.99 | 1.00 |
| Quick ratioi | 0.86 | 0.85 | 0.80 | 0.87 | 0.86 | 0.83 | 0.84 | 0.83 |
| Debt / assetsi | 33.13 | 43.78 | 61.02 | 51.80 | 46.77 | 44.34 | 42.12 | 45.41 |
| LT debt / equityi | 248.67 | 405.45 | -- | -- | -- | -- | 4,534.98 | 3,560.42 |
| Interest coveragei | 1.95 | 2.18 | -7.19 | -1.16 | 2.82 | 3.55 | 3.27 | 4.26 |
| Revenue CAGR (3Y) %i | 14.19 | 13.85 | -42.30 | -16.55 | 13.04 | 130.28 | 54.58 | 14.74 |
| Net income CAGR (3Y) %i | -- | 187.47 | -- | -- | 56.22 | -- | -- | 23.01 |
| FCF CAGR (3Y) %i | 63.25 | -37.15 | -- | 34.50 | 142.46 | -- | -13.47 | -40.96 |
| Line item | 2025-03 | 2025-06 | 2025-09 | 2025-12 | 2026-03 | 2026-06 |
|---|---|---|---|---|---|---|
| ROE %i | -- | 345.87 | 79.63 | -24.68 | -- | -116.65 |
| ROA %i | 3.31 | 2.51 | 1.51 | -0.26 | -1.71 | -1.01 |
| ROIC %i | -- | 8.20 | 4.96 | 0.59 | -- | -1.43 |
| 5-year avg ROE %i | -- | -- | -- | -- | -- | -- |
| EBIT margin %i | 4.98 | 4.59 | 4.99 | 5.34 | 3.43 | 3.81 |
| FCF / sales %i | 5.88 | 4.52 | 6.43 | 1.21 | 4.71 | 5.23 |
| Current ratioi | 0.96 | 0.88 | 0.92 | 1.00 | 0.88 | 0.85 |
| Quick ratioi | 0.78 | 0.71 | 0.76 | 0.83 | 0.72 | 0.68 |
| Debt / assetsi | 38.00 | 36.37 | 41.02 | 45.41 | 40.60 | 40.04 |
| LT debt / equityi | 7,229.49 | 1,881.78 | 1,530.18 | 3,560.42 | -- | 10,098.79 |
| Interest coveragei | 3.48 | 3.43 | 3.95 | 4.26 | 2.69 | 2.85 |
| Revenue CAGR (3Y) %i | -- | -- | -- | -- | -- | -- |
| Net income CAGR (3Y) %i | -- | -- | -- | -- | -- | -- |
| FCF CAGR (3Y) %i | -- | -- | -- | -- | -- | -- |
✦ Quant Revenue Concentration how this is computed
Single-engine
- Concerts is the largest reported line at 84.05% of revenue, across 4 reported segments.
- The next-largest line, Ticketing, is a distant second at 11.12% - a sharp slowdown here would have little to offset it.
Revenue breakdown most recent period
Business
Concerts84.05%
Ticketing11.12%
Sponsorship & Advertising5.00%
Quote time 2026-10-08 04:01:04 · For reference only, not investment advice and not tailored to your situation.