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Live Nation Entertainment (LYV) Financials

Live Nation Entertainment logo
$143.07 -1.94 (-1.34%)
Closing price 03:59 PM Eastern
Extended Trading
$143.01 -0.06 (-0.04%)
As of 07:38 PM Eastern
Extended trading is trading that happens on electronic markets outside of regular trading hours. This is a fair market value extended hours price provided by Polygon.io. Learn more.
Annual Income Statements for Live Nation Entertainment

Annual Income Statements for Live Nation Entertainment

This table shows Live Nation Entertainment's income and expenses over time, based on annual financial data. All values are USD millions unless otherwise specified.

Metric 2024 2023 2022 2021 2020 2019 2018 2017 2016 2015
Period end date 12/31/2024 12/31/2023 12/31/2022 12/31/2021 12/31/2020 12/31/2019 12/31/2018 12/31/2017 12/31/2016 12/31/2015
Net Income / (Loss) Attributable to Common Shareholders
896 557 266 -651 -1,725 70 -18 -98 -47 -33
Consolidated Net Income / (Loss)
1,131 704 375 -609 -1,828 118 90 7.77 20 -16
Net Income / (Loss) Continuing Operations
1,131 704 375 -609 -1,828 118 90 7.77 20 -16
Total Pre-Tax Income
739 913 491 -611 -1,857 185 131 -9.38 48 6.35
Total Operating Income
825 1,085 722 -418 -1,653 325 273 91 195 131
Total Gross Profit
5,827 5,476 4,334 1,912 459 3,081 2,820 2,505 2,187 2,049
Total Revenue
23,156 22,726 16,681 6,268 1,861 11,548 10,788 9,687 7,826 7,246
Operating Revenue
23,156 22,726 16,681 6,268 1,861 11,548 10,788 9,687 7,826 7,246
Total Cost of Revenue
17,328 17,251 12,348 4,356 1,402 8,467 7,968 7,182 5,639 5,196
Operating Cost of Revenue
17,328 17,251 12,348 4,356 1,402 8,467 7,968 7,182 5,639 5,196
Total Operating Expenses
5,003 4,391 3,612 2,330 2,112 2,756 2,547 2,414 1,992 1,918
Selling, General & Admin Expense
4,464 3,888 3,194 1,915 1,626 2,314 2,150 2,043 1,674 1,520
Depreciation Expense
550 517 450 416 485 444 387 372 319 397
Other Special Charges / (Income)
-11 -14 -32 -1.21 0.50 -2.37 10 -0.97 0.12 0.85
Total Other Income / (Expense), net
-85 -172 -232 -193 -203 -140 -141 -101 -147 -125
Interest Expense
329 369 278 282 227 158 141 108 121 103
Interest & Investment Income
140 232 88 93 4.55 21 12 6.88 -15 5.03
Other Income / (Expense), net
104 -35 -41 -3.69 19 -3.20 -12 0.12 -11 -27
Income Tax Expense
-392 209 116 -2.48 -29 67 41 -17 28 22
Net Income / (Loss) Attributable to Noncontrolling Interest
235 147 108 42 -103 48 30 14 17 17
Basic Earnings per Share
$2.77 $1.35 $0.53 ($3.09) ($8.12) ($0.02) ($0.09) ($0.48) ($0.23) ($0.33)
Weighted Average Basic Shares Outstanding
230.12M 228.63M 224.81M 217.19M 212.27M 210.08M 207.44M 204.92M 202.08M 200.97M
Diluted Earnings per Share
$2.74 $1.34 $0.52 ($3.09) ($8.12) ($0.02) ($0.09) ($0.48) ($0.23) ($0.33)
Weighted Average Diluted Shares Outstanding
236.35M 230.98M 231.56M 217.19M 212.27M 210.08M 207.44M 204.92M 202.08M 200.97M
Weighted Average Basic & Diluted Shares Outstanding
233.40M 230.80M 231.59M 217.19M 212.27M 210.08M 207.44M 204.92M 202.08M 200.97M

Quarterly Income Statements for Live Nation Entertainment

This table shows Live Nation Entertainment's income and expenses over time, based on quarterly financial data. All values are USD millions unless otherwise specified.

Metric Q1 2025 Q4 2024 Q3 2024 Q2 2024 Q1 2024 Q4 2023 Q3 2023 Q2 2023 Q1 2023 Q4 2022 Q3 2022
Period end date 3/31/2025 12/31/2024 9/30/2024 6/30/2024 3/31/2024 12/31/2023 9/30/2023 6/30/2023 3/31/2023 12/31/2022 9/30/2022
Net Income / (Loss) Attributable to Common Shareholders
23 193 452 298 -47 -255 521 294 -3.17 -233 361
Consolidated Net Income / (Loss)
46 271 516 376 -32 -253 581 331 44 -202 397
Net Income / (Loss) Continuing Operations
46 271 516 376 -32 -253 581 331 44 -204 397
Total Pre-Tax Income
66 -306 586 456 3.20 -159 632 373 68 -172 439
Total Operating Income
115 -244 640 466 -37 -98 654 386 143 -130 506
Total Gross Profit
1,127 1,188 1,871 1,615 1,153 1,141 1,857 1,466 1,012 989 1,446
Total Revenue
3,382 5,682 7,651 6,023 3,800 5,814 8,155 5,631 3,127 4,291 6,154
Operating Revenue
3,382 5,682 7,651 6,023 3,800 5,814 8,155 5,631 3,127 4,291 6,154
Total Cost of Revenue
2,255 4,493 5,780 4,408 2,646 4,672 6,298 4,165 2,116 3,302 4,708
Operating Cost of Revenue
2,255 4,493 5,780 4,408 2,646 4,672 6,298 4,165 2,116 3,302 4,708
Total Operating Expenses
1,012 1,433 1,231 1,149 1,190 1,239 1,203 1,080 869 1,121 939
Selling, General & Admin Expense
865 1,296 1,098 1,012 1,058 1,111 1,074 950 753 987 873
Depreciation Expense
149 143 137 138 133 134 131 137 115 131 102
Other Special Charges / (Income)
-2.20 -5.62 -3.97 -0.78 -0.65 -5.84 -1.58 -7.01 0.50 0.47 -35
Total Other Income / (Expense), net
-49 -62 -54 -9.43 40 -62 -22 -13 -75 -42 -67
Interest Expense
80 80 88 80 81 111 86 82 89 73 71
Interest & Investment Income
35 24 22 50 43 42 83 62 44 50 12
Other Income / (Expense), net
-2.95 -6.19 12 21 77 7.33 -19 6.60 -30 -19 -7.96
Income Tax Expense
20 -578 70 80 35 94 50 42 24 30 42
Net Income / (Loss) Attributable to Noncontrolling Interest
23 78 64 78 15 1.96 60 38 47 30 36
Basic Earnings per Share
($0.32) $0.53 $1.72 $1.05 ($0.53) ($1.45) $2.01 $1.04 ($0.25) ($1.24) $1.47
Weighted Average Basic Shares Outstanding
231.22M 230.12M 230.37M 229.92M 229.47M 228.63M 228.79M 228.54M 228.16M 224.81M 225.76M
Diluted Earnings per Share
($0.32) $0.58 $1.66 $1.03 ($0.53) ($1.36) $1.93 $1.02 ($0.25) ($1.14) $1.39
Weighted Average Diluted Shares Outstanding
231.22M 236.35M 245.32M 245.00M 229.47M 230.98M 244.16M 243.66M 228.16M 231.56M 243.69M
Weighted Average Basic & Diluted Shares Outstanding
234.09M 233.40M 232.35M 232.11M 231.44M 230.80M 230.33M 230.15M 229.89M 231.59M 230.88M

Annual Cash Flow Statements for Live Nation Entertainment

This table details how cash moves in and out of Live Nation Entertainment's business through operations, investing, and financing, using annual figures. All values are USD millions unless otherwise specified.

Metric 2024 2023 2022 2021 2020 2019 2018 2017 2016 2015
Period end date 12/31/2024 12/31/2023 12/31/2022 12/31/2021 12/31/2020 12/31/2019 12/31/2018 12/31/2017 12/31/2016 12/31/2015
Net Change in Cash & Equivalents
-133 619 732 2,341 72 96 549 299 225 -79
Net Cash From Operating Activities
1,725 1,363 1,835 1,781 -1,083 470 942 624 599 308
Net Cash From Continuing Operating Activities
1,725 1,363 1,835 1,781 -1,083 470 942 624 599 308
Net Income / (Loss) Continuing Operations
1,131 704 375 -609 -1,828 118 90 7.77 20 -16
Consolidated Net Income / (Loss)
1,131 704 375 -609 -1,828 118 90 7.77 20 -16
Depreciation Expense
300 267 226 223 246 220 185 150 139 134
Amortization Expense
356 351 95 305 320 328 100 97 277 274
Non-Cash Adjustments To Reconcile Net Income
-4.92 223 457 97 137 92 305 312 87 59
Changes in Operating Assets and Liabilities, net
-57 -181 683 1,764 42 -288 260 58 76 -143
Net Cash From Investing Activities
-854 -696 -785 -567 -224 -691 -497 -328 -426 -291
Net Cash From Continuing Investing Activities
-854 -696 -785 -567 -224 -691 -497 -328 -426 -291
Purchase of Property, Plant & Equipment
-667 -439 -347 -153 -214 -324 -240 -238 -174 -142
Acquisitions
-153 -109 -354 -502 -61 -335 -202 -84 -247 -124
Sale and/or Maturity of Investments
72 19 24 114 100 15 34 9.66 8.05 -
Other Investing Activities, net
-107 -167 -107 -27 -49 -47 -89 -15 -14 -24
Net Cash From Financing Activities
-659 -87 -143 1,171 1,350 329 189 -127 99 -44
Net Cash From Continuing Financing Activities
-659 -87 -143 1,171 1,350 329 189 -127 99 -44
Repayment of Debt
-1,960 -731 -46 -110 -31 -437 -405 -111 -617 -71
Payment of Dividends
-269 -257 -145 -70 -109 -134 -78 -62 -76 -37
Issuance of Debt
1,672 1,061 122 904 1,607 937 859 61 844 57
Issuance of Common Equity
3.00 20 15 472 5.42 14 4.90 11 0.09 0.71
Other Financing Activities, net
-104 -179 -89 -25 -123 -52 -192 -26 -53 6.53
Effect of Exchange Rate Changes
-345 - - -44 - -12 - - - -52
Cash Interest Paid
131 57 181 224 166 104 100 87 97 93
Cash Income Taxes Paid
254 175 44 16 26 67 60 45 30 44

Quarterly Cash Flow Statements for Live Nation Entertainment

This table details how cash moves in and out of Live Nation Entertainment's business through operations, investing, and financing, using quarterly figures. All values are USD millions unless otherwise specified.

Metric Q1 2025 Q4 2024 Q3 2024 Q2 2024 Q1 2024 Q4 2023 Q3 2023 Q2 2023 Q1 2023 Q4 2022 Q3 2022
Period end date 3/31/2025 12/31/2024 9/30/2024 6/30/2024 3/31/2024 12/31/2023 9/30/2023 6/30/2023 3/31/2023 12/31/2022 9/30/2022
Net Change in Cash & Equivalents
1,062 605 -909 -100 270 284 -1,189 139 1,385 664 -910
Net Cash From Operating Activities
1,321 1,045 -721 412 989 608 -892 491 1,156 907 -619
Net Cash From Continuing Operating Activities
1,321 1,045 -721 412 989 608 -892 491 1,156 907 -619
Net Income / (Loss) Continuing Operations
46 282 505 376 -32 -225 554 331 44 -202 397
Consolidated Net Income / (Loss)
46 282 505 376 -32 -225 554 331 44 -202 397
Depreciation Expense
89 78 76 76 71 73 66 70 58 63 49
Amortization Expense
88 96 84 87 90 279 -102 92 82 -129 73
Non-Cash Adjustments To Reconcile Net Income
36 24 56 -34 -51 -96 223 24 72 285 46
Changes in Operating Assets and Liabilities, net
1,061 565 -1,441 -93 912 578 -1,632 -27 900 889 -1,184
Net Cash From Investing Activities
-217 -211 -208 -264 -171 -232 -165 -239 -60 -425 -115
Net Cash From Continuing Investing Activities
-217 -211 -208 -264 -171 -232 -165 -239 -60 -425 -115
Purchase of Property, Plant & Equipment
-171 -175 -158 -200 -134 -134 -102 -86 -117 -141 -76
Acquisitions
-56 -60 -39 -40 -14 -56 -61 -82 90 -236 -26
Sale and/or Maturity of Investments
9.38 49 1.50 19 2.64 9.03 1.26 5.46 2.83 7.92 5.40
Other Investing Activities, net
0.06 -26 -13 -43 -25 -51 -2.80 -77 -36 -56 -18
Net Cash From Financing Activities
-173 34 -49 -165 -478 -132 -29 -152 226 32 -38
Net Cash From Continuing Financing Activities
-173 34 -49 -165 -478 -132 -29 -152 226 32 -38
Repayment of Debt
-87 -1,576 -6.74 -4.01 -374 -106 -12 -7.26 -606 -16 -6.28
Payment of Dividends
-35 -48 -29 -120 -73 -90 -20 -90 -58 -18 -38
Issuance of Debt
11 1,670 1.15 0.32 0.56 73 1.54 -1.03 988 117 1.74
Issuance of Common Equity
4.61 - 2.97 - 0.03 4.11 0.77 8.77 5.94 0.68 0.89
Other Financing Activities, net
-67 -12 -18 -41 -32 -14 1.23 -63 -104 -51 4.46
Effect of Exchange Rate Changes
131 -262 - - -69 - - - - - -

Annual Balance Sheets for Live Nation Entertainment

This table presents Live Nation Entertainment's assets and liabilities at the end of each period, using annual balance sheet data. All values are USD millions unless otherwise specified.

Metric 2024 2023 2022 2021 2020 2019 2018 2017 2016 2015
Period end date 12/31/2024 12/31/2023 12/31/2022 12/31/2021 12/31/2020 12/31/2019 12/31/2018 12/31/2017 12/31/2016 12/31/2015
Total Assets
19,639 19,030 16,461 14,402 10,589 10,976 8,497 7,504 6,764 6,156
Total Current Assets
9,290 9,533 8,160 6,684 3,650 4,193 3,848 3,153 2,674 2,288
Cash & Equivalents
6,095 6,232 5,606 4,885 2,538 2,470 2,372 1,825 1,527 1,303
Restricted Cash
11 7.09 5.92 3.06 8.65 3.88 6.66 3.50 - -
Accounts Receivable
1,747 2,025 1,465 1,067 487 995 829 725 569 453
Prepaid Expenses
1,247 1,148 950 655 577 667 598 547 528 496
Other Current Assets
190 122 132 75 39 57 43 52 50 36
Plant, Property, & Equipment, net
2,442 2,101 1,488 1,092 1,101 1,118 947 886 752 731
Total Noncurrent Assets
7,907 7,395 6,814 6,626 5,838 5,665 3,702 3,466 3,339 3,137
Goodwill
2,621 2,691 2,529 2,591 2,129 1,998 1,823 1,755 1,747 1,604
Intangible Assets
1,366 1,539 1,419 1,395 1,225 1,239 1,030 1,098 1,181 1,147
Other Noncurrent Operating Assets
3,919 3,164 2,865 2,640 2,484 2,427 849 613 411 385
Total Liabilities & Shareholders' Equity
19,639 19,030 16,461 14,402 10,589 10,976 8,497 7,504 6,764 6,156
Total Liabilities
17,834 17,618 15,697 14,039 10,451 9,062 6,825 5,841 5,068 4,446
Total Current Liabilities
9,358 9,984 8,303 6,856 3,797 4,108 3,750 3,577 2,460 2,101
Short-Term Debt
261 1,134 620 585 53 38 82 348 53 42
Accounts Payable
2,103 2,134 1,971 1,643 830 1,106 1,127 1,034 782 722
Accrued Expenses
3,057 3,031 2,368 1,646 894 1,391 1,245 1,109 781 687
Current Deferred Revenue
3,721 3,398 3,135 2,775 1,839 1,391 1,228 925 805 619
Other Current Liabilities
216 287 209 207 179 181 67 161 39 32
Total Noncurrent Liabilities
8,475 7,633 7,394 7,183 6,654 4,955 3,075 2,264 2,607 2,344
Long-Term Debt
6,177 5,459 5,283 5,145 4,855 3,271 2,733 1,952 2,260 2,003
Noncurrent Deferred & Payable Income Tax Liabilities
140 - - - - 178 137 138 198 199
Other Noncurrent Operating Liabilities
2,158 2,174 2,110 2,038 1,799 1,505 205 174 150 142
Commitments & Contingencies
0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Redeemable Noncontrolling Interest
1,126 860 670 552 272 449 329 245 347 264
Total Equity & Noncontrolling Interests
819 552 94 -188 -134 1,464 1,343 1,418 1,350 1,447
Total Preferred & Common Equity
173 -52 -368 -583 -472 1,146 1,099 1,181 1,126 1,237
Preferred Stock
0.00 - - - - - - - - -
Total Common Equity
173 -52 -368 -583 -472 1,146 1,099 1,181 1,126 1,237
Common Stock
2,062 2,370 2,701 2,900 2,389 2,248 2,270 2,376 2,383 2,431
Retained Earnings
-1,547 -2,443 -2,971 -3,328 -2,677 -949 -1,019 -1,079 -1,073 -1,075
Treasury Stock
-6.87 -6.87 -6.87 -6.87 -6.87 -6.87 -6.87 -6.87 -6.87 -6.87
Accumulated Other Comprehensive Income / (Loss)
-335 27 -90 -148 -177 -146 -145 -109 -177 -112
Noncontrolling Interest
646 604 461 394 338 318 244 237 224 210

Quarterly Balance Sheets for Live Nation Entertainment

This table presents Live Nation Entertainment's assets and liabilities at the end of each period, using quarterly balance sheet data. All values are USD millions unless otherwise specified.

Metric Q1 2025 Q4 2024 Q3 2024 Q2 2024 Q1 2024 Q4 2023 Q3 2023 Q2 2023 Q1 2023 Q4 2022 Q3 2022
Period end date 3/31/2025 12/31/2024 9/30/2024 6/30/2024 3/31/2024 12/31/2023 9/30/2023 6/30/2023 3/31/2023 12/31/2022 9/30/2022
Total Assets
21,827 19,639 19,747 20,454 20,030 19,030 19,141 19,925 18,870 16,461 15,787
Total Current Assets
11,069 9,290 9,775 10,684 10,428 9,533 10,007 10,777 10,097 8,160 7,927
Cash & Equivalents
7,159 6,095 5,490 6,399 6,502 6,232 5,949 7,129 6,992 5,606 4,951
Restricted Cash
9.57 11 11 11 7.64 7.09 6.85 7.77 5.47 5.92 5.03
Accounts Receivable
1,851 1,747 2,694 2,464 2,280 2,025 2,503 1,890 1,657 1,465 1,990
Prepaid Expenses
1,725 1,247 1,446 1,672 1,474 1,148 1,425 1,629 1,323 950 909
Other Current Assets
325 190 134 139 164 122 124 122 119 132 73
Plant, Property, & Equipment, net
2,688 2,442 2,376 2,236 2,117 2,101 1,956 1,904 1,887 1,488 1,098
Total Noncurrent Assets
8,070 7,907 7,596 7,534 7,486 7,395 7,178 7,244 6,885 6,814 6,762
Goodwill
2,703 2,621 2,670 2,664 2,699 2,691 2,654 2,619 2,577 2,529 2,548
Intangible Assets
1,408 1,366 1,428 1,476 1,541 1,539 1,500 1,496 1,423 1,419 1,326
Other Noncurrent Operating Assets
3,959 3,919 3,498 3,395 3,246 3,164 3,024 3,128 2,885 2,865 2,887
Total Liabilities & Shareholders' Equity
21,827 19,639 19,747 20,454 20,030 19,030 19,141 19,925 18,870 16,461 15,787
Total Liabilities
19,718 17,834 17,793 18,896 18,577 17,618 17,440 18,800 18,080 15,697 14,789
Total Current Liabilities
11,518 9,358 9,681 11,627 11,328 9,984 8,752 10,024 9,374 8,303 7,634
Short-Term Debt
480 261 582 1,137 1,137 1,134 51 51 64 620 620
Accounts Payable
2,284 2,103 2,376 2,107 2,127 2,134 2,019 1,965 1,989 1,971 1,776
Accrued Expenses
2,446 3,057 3,454 3,359 2,766 3,031 3,315 2,779 2,002 2,368 2,764
Current Deferred Revenue
6,077 3,721 3,035 4,799 5,025 3,398 3,084 5,026 5,103 3,135 2,269
Other Current Liabilities
231 216 234 225 273 287 283 203 216 209 206
Total Noncurrent Liabilities
8,200 8,475 8,113 7,269 7,249 7,633 8,688 8,777 8,706 7,394 7,155
Long-Term Debt
5,929 6,177 5,673 5,081 5,082 5,459 6,546 6,555 6,548 5,283 5,120
Other Noncurrent Operating Liabilities
2,272 2,158 2,440 2,188 2,167 2,174 2,142 2,222 2,158 2,110 2,035
Commitments & Contingencies
0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Redeemable Noncontrolling Interest
1,312 1,126 1,024 1,007 984 860 836 754 710 670 599
Total Equity & Noncontrolling Interests
798 819 930 551 469 552 865 371 79 94 399
Total Preferred & Common Equity
106 173 288 -43 -115 -52 222 -187 -461 -368 -75
Total Common Equity
106 173 288 -43 -115 -52 222 -187 -461 -368 -75
Common Stock
1,908 2,062 2,217 2,243 2,311 2,370 2,414 2,441 2,538 2,701 2,854
Retained Earnings
-1,515 -1,547 -1,748 -2,157 -2,455 -2,443 -2,197 -2,681 -2,974 -2,971 -2,768
Treasury Stock
-6.87 -6.87 -6.87 -6.87 -6.87 -6.87 -6.87 -6.87 -6.87 -6.87 -6.87
Accumulated Other Comprehensive Income / (Loss)
-281 -335 -175 -123 36 27 12 59 -17 -90 -154
Noncontrolling Interest
692 646 642 594 584 604 643 559 540 461 473

Annual Metrics And Ratios for Live Nation Entertainment

This table displays calculated financial ratios and metrics derived from Live Nation Entertainment's official financial filings.

Metric 2024 2023 2022 2021 2020 2019 2018 2017 2016 2015
Period end date 12/31/2024 12/31/2023 12/31/2022 12/31/2021 12/31/2020 12/31/2019 12/31/2018 12/31/2017 12/31/2016 12/31/2015
Growth Metrics
- - - - - - - - - -
Revenue Growth
1.89% 36.24% 166.11% 236.80% -83.88% 7.05% 11.36% 23.78% 8.01% 5.52%
EBITDA Growth
-4.93% 66.36% 841.86% 109.96% -222.82% 59.33% 61.72% -43.76% 17.18% 33.74%
EBIT Growth
-11.55% 54.18% 261.50% 74.21% -608.14% 23.53% 184.52% -50.29% 76.68% 9,642.49%
NOPAT Growth
50.86% 51.64% 288.50% 74.72% -657.83% 10.47% 193.53% -21.86% 125.11% -6,602.41%
Net Income Growth
60.72% 87.89% 161.53% 66.69% -1,646.20% 30.85% 1,062.08% -61.70% 228.71% 84.90%
EPS Growth
104.48% 157.69% 116.83% 61.95% -40,500.00% 77.78% 81.25% -108.70% 30.30% 32.65%
Operating Cash Flow Growth
26.57% -25.73% 3.06% 264.35% -330.61% -50.11% 51.01% 4.14% 94.49% 5.37%
Free Cash Flow Firm Growth
615.97% -82.31% -29.82% 210.13% -110.64% -302.88% -48.46% 704.28% 111.05% -212.80%
Invested Capital Growth
20.99% 67.48% -12.58% -51.76% -9.01% 30.32% -1.18% -14.06% 1.24% 5.98%
Revenue Q/Q Growth
-0.66% 7.18% 10.52% 64.84% -58.76% 2.55% 2.68% 12.18% -5.64% 2.33%
EBITDA Q/Q Growth
-4.18% 16.55% -19.66% 166.06% -39.23% 34.28% 27.88% -50.42% -2.35% 41.77%
EBIT Q/Q Growth
-13.23% 4.35% -5.87% 38.90% -21.58% 3.52% 75.23% -63.71% 0.18% 417.42%
NOPAT Q/Q Growth
80.33% -8.74% -11.77% 38.67% -22.63% 0.89% -36.58% -62.61% -25.83% -3,005.97%
Net Income Q/Q Growth
77.55% -10.83% -9.60% 33.11% -21.80% -1.22% 74.59% -91.22% -48.53% 90.02%
EPS Q/Q Growth
230.12% -20.24% -27.78% 60.49% 0.00% 0.00% 76.32% -1,300.00% 0.00% 0.00%
Operating Cash Flow Q/Q Growth
33.09% -17.81% 8.95% 98.23% -108.33% -34.66% 104.31% -30.52% 35.37% 8.49%
Free Cash Flow Firm Q/Q Growth
166.85% -64.98% 327.83% -0.13% -6.75% -661.18% 642.42% -16.47% -15.37% -51.03%
Invested Capital Q/Q Growth
-21.07% -24.58% -40.78% -8.64% -10.71% -4.97% -23.68% -14.50% -11.93% -11.45%
Profitability Metrics
- - - - - - - - - -
Gross Margin
25.17% 24.09% 25.98% 30.51% 24.65% 26.68% 26.14% 25.86% 27.95% 28.28%
EBITDA Margin
6.84% 7.34% 6.01% 1.70% -57.42% 7.53% 5.06% 3.49% 7.67% 7.07%
Operating Margin
3.56% 4.77% 4.33% -6.67% -88.83% 2.81% 2.53% 0.94% 2.49% 1.81%
EBIT Margin
4.01% 4.62% 4.08% -6.73% -87.81% 2.79% 2.41% 0.94% 2.35% 1.44%
Profit (Net Income) Margin
4.88% 3.10% 2.25% -9.71% -98.21% 1.02% 0.84% 0.08% 0.26% -0.22%
Tax Burden Percent
152.97% 77.06% 76.36% 99.59% 98.44% 63.86% 68.91% -82.88% 42.00% -248.21%
Interest Burden Percent
79.65% 87.01% 72.05% 145.00% 113.60% 57.55% 50.35% -10.25% 26.25% 6.10%
Effective Tax Rate
-52.97% 22.94% 23.64% 0.00% 0.00% 36.14% 31.09% 0.00% 58.00% 348.21%
Return on Invested Capital (ROIC)
64.62% 59.27% 48.77% -15.78% -44.09% 8.54% 8.85% 2.77% 3.32% -13.68%
ROIC Less NNEP Spread (ROIC-NNEP)
16.97% 18.29% 17.59% -35.52% -86.04% -5.49% -12.61% -6.17% -4.74% 30.55%
Return on Net Nonoperating Assets (RNNOA)
2.76% 5.43% 17.70% -226.68% -134.04% -1.95% -3.43% -2.31% -2.13% 12.74%
Return on Equity (ROE)
67.38% 64.70% 66.47% -242.47% -178.13% 6.59% 5.42% 0.46% 1.19% -0.94%
Cash Return on Invested Capital (CROIC)
45.63% 8.82% 62.19% 54.05% -34.66% -17.78% 10.04% 17.89% 2.08% -19.49%
Operating Return on Assets (OROA)
4.80% 5.92% 4.41% -3.37% -15.16% 3.30% 3.25% 1.28% 2.85% 1.72%
Return on Assets (ROA)
5.85% 3.97% 2.43% -4.87% -16.95% 1.21% 1.13% 0.11% 0.31% -0.26%
Return on Common Equity (ROCE)
2.43% -12.49% -56.04% 509.12% -58.51% 4.13% 3.70% 0.32% 0.83% -0.71%
Return on Equity Simple (ROE_SIMPLE)
652.84% -1,345.57% -101.91% 104.49% 387.43% 10.32% 8.22% 0.66% 1.80% -1.27%
Net Operating Profit after Tax (NOPAT)
1,261 836 551 -293 -1,157 207 188 64 82 -326
NOPAT Margin
5.45% 3.68% 3.31% -4.67% -62.18% 1.80% 1.74% 0.66% 1.05% -4.50%
Net Nonoperating Expense Percent (NNEP)
47.65% 40.98% 31.18% 19.74% 41.95% 14.04% 21.47% 8.94% 8.06% -44.23%
Return On Investment Capital (ROIC_SIMPLE)
17.38% 11.70% 9.19% - - - - - - -
Cost of Revenue to Revenue
74.83% 75.91% 74.02% 69.49% 75.35% 73.32% 73.86% 74.14% 72.05% 71.72%
SG&A Expenses to Revenue
19.28% 17.11% 19.15% 30.55% 87.39% 20.04% 19.93% 21.09% 21.38% 20.98%
R&D to Revenue
0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
Operating Expenses to Revenue
21.61% 19.32% 21.65% 37.18% 113.47% 23.87% 23.61% 24.92% 25.46% 26.47%
Earnings before Interest and Taxes (EBIT)
928 1,050 681 -422 -1,634 322 260 92 184 104
Earnings before Interest, Taxes, Depreciation and Amortization (EBITDA)
1,585 1,667 1,002 106 -1,069 870 546 338 600 512
Valuation Ratios
- - - - - - - - - -
Price to Book Value (P/BV)
173.67 0.00 0.00 0.00 0.00 13.33 9.39 7.45 4.81 4.02
Price to Tangible Book Value (P/TBV)
0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Price to Revenue (P/Rev)
1.30 0.95 0.97 4.29 8.57 1.32 0.96 0.91 0.69 0.69
Price to Earnings (P/E)
33.57 38.71 60.43 0.00 0.00 218.55 0.00 0.00 0.00 0.00
Dividend Yield
0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
Earnings Yield
2.98% 2.58% 1.65% 0.00% 0.00% 0.46% 0.00% 0.00% 0.00% 0.00%
Enterprise Value to Invested Capital (EV/IC)
15.06 13.23 16.62 23.77 7.57 6.14 5.37 4.57 2.73 2.52
Enterprise Value to Revenue (EV/Rev)
1.39 1.03 1.05 4.58 10.17 1.46 1.05 1.01 0.86 0.85
Enterprise Value to EBITDA (EV/EBITDA)
20.31 14.02 17.49 269.55 0.00 19.40 20.75 28.89 11.27 12.08
Enterprise Value to EBIT (EV/EBIT)
34.68 22.27 25.74 0.00 0.00 52.47 43.51 106.61 36.76 59.38
Enterprise Value to NOPAT (EV/NOPAT)
25.52 27.96 31.78 0.00 0.00 81.35 60.33 152.49 82.67 0.00
Enterprise Value to Operating Cash Flow (EV/OCF)
18.66 17.15 9.55 16.11 0.00 35.92 12.03 15.65 11.30 20.10
Enterprise Value to Free Cash Flow (EV/FCFF)
36.15 187.94 24.92 28.63 0.00 0.00 53.22 23.62 131.80 0.00
Leverage & Solvency
- - - - - - - - - -
Debt to Equity
3.31 4.67 7.73 15.77 35.39 1.73 1.68 1.38 1.36 1.20
Long-Term Debt to Equity
3.18 3.87 6.92 14.16 35.01 1.71 1.63 1.17 1.33 1.17
Financial Leverage
0.16 0.30 1.01 6.38 1.56 0.35 0.27 0.37 0.45 0.42
Leverage Ratio
11.52 16.31 27.38 49.77 10.51 5.43 4.80 4.25 3.79 3.60
Compound Leverage Factor
9.17 14.19 19.73 72.17 11.94 3.13 2.42 -0.44 1.00 0.22
Debt to Total Capital
76.80% 82.36% 88.55% 94.04% 97.25% 63.36% 62.74% 58.04% 57.69% 54.45%
Short-Term Debt to Total Capital
3.11% 14.17% 9.30% 9.60% 1.06% 0.72% 1.83% 8.77% 1.33% 1.13%
Long-Term Debt to Total Capital
73.68% 68.19% 79.25% 84.43% 96.19% 62.64% 60.91% 49.27% 56.36% 53.32%
Preferred Equity to Total Capital
0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
Noncontrolling Interests to Total Capital
21.14% 18.29% 16.97% 15.52% 12.10% 14.70% 12.77% 12.15% 14.23% 12.61%
Common Equity to Total Capital
2.07% -0.65% -5.51% -9.56% -9.35% 21.94% 24.49% 29.81% 28.08% 32.94%
Debt to EBITDA
4.06 3.96 5.89 53.86 -4.59 3.80 5.16 6.81 3.85 3.99
Net Debt to EBITDA
0.21 0.21 0.29 7.92 -2.21 0.96 0.80 1.40 1.31 1.45
Long-Term Debt to EBITDA
3.90 3.27 5.27 48.36 -4.54 3.76 5.00 5.78 3.76 3.91
Debt to NOPAT
5.10 7.89 10.71 -19.59 -4.24 15.95 14.99 35.95 28.25 -6.27
Net Debt to NOPAT
0.26 0.42 0.53 -2.88 -2.04 4.02 2.33 7.36 9.61 -2.28
Long-Term Debt to NOPAT
4.90 6.53 9.58 -17.59 -4.20 15.77 14.55 30.52 27.60 -6.14
Altman Z-Score
2.23 1.90 1.50 1.15 0.21 2.05 2.12 1.97 1.70 1.70
Noncontrolling Interest Sharing Ratio
96.40% 119.30% 184.31% 309.98% 67.15% 37.39% 31.63% 31.32% 30.65% 24.66%
Liquidity Ratios
- - - - - - - - - -
Current Ratio
0.99 0.95 0.98 0.98 0.96 1.02 1.03 0.88 1.09 1.09
Quick Ratio
0.84 0.83 0.85 0.87 0.80 0.84 0.85 0.71 0.85 0.84
Cash Flow Metrics
- - - - - - - - - -
Free Cash Flow to Firm (FCFF)
891 124 703 1,002 -910 -432 213 413 51 -465
Operating Cash Flow to CapEx
258.79% 310.75% 528.52% 1,165.80% -506.86% 145.19% 392.60% 261.51% 344.45% 216.05%
Free Cash Flow to Firm to Interest Expense
2.71 0.34 2.52 3.55 -4.01 -2.74 1.51 3.83 0.43 -4.52
Operating Cash Flow to Interest Expense
5.25 3.70 6.59 6.30 -4.78 2.98 6.68 5.79 4.97 2.99
Operating Cash Flow Less CapEx to Interest Expense
3.22 2.51 5.34 5.76 -5.72 0.93 4.98 3.57 3.52 1.61
Efficiency Ratios
- - - - - - - - - -
Asset Turnover
1.20 1.28 1.08 0.50 0.17 1.19 1.35 1.36 1.21 1.20
Accounts Receivable Turnover
12.28 13.02 13.18 8.07 2.51 12.66 13.88 14.97 15.32 16.62
Inventory Turnover
0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Fixed Asset Turnover
10.19 12.66 12.93 5.72 1.68 11.19 11.77 11.83 10.56 10.16
Accounts Payable Turnover
8.18 8.40 6.83 3.52 1.45 7.58 7.37 7.91 7.50 7.15
Days Sales Outstanding (DSO)
29.73 28.03 27.70 45.22 145.25 28.82 26.30 24.38 23.82 21.96
Days Inventory Outstanding (DIO)
0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Days Payable Outstanding (DPO)
44.62 43.43 53.42 103.63 252.01 48.14 49.51 46.14 48.64 51.06
Cash Conversion Cycle (CCC)
-14.90 -15.41 -25.72 -58.40 -106.76 -19.32 -23.21 -21.76 -24.82 -29.10
Capital & Investment Metrics
- - - - - - - - - -
Invested Capital
2,137 1,766 1,055 1,206 2,501 2,748 2,109 2,134 2,483 2,453
Invested Capital Turnover
11.86 16.11 14.76 3.38 0.71 4.76 5.09 4.20 3.17 3.04
Increase / (Decrease) in Invested Capital
371 712 -152 -1,294 -247 639 -25 -349 31 138
Enterprise Value (EV)
32,194 23,377 17,524 28,679 18,926 16,877 11,330 9,756 6,768 6,187
Market Capitalization
30,090 21,558 16,102 26,890 15,954 15,274 10,320 8,803 5,411 4,972
Book Value per Share
$0.75 ($0.23) ($1.59) ($2.59) ($2.17) $5.36 $5.24 $5.71 $5.54 $6.11
Tangible Book Value per Share
($16.41) ($18.59) ($18.69) ($20.34) ($17.62) ($9.79) ($8.37) ($8.08) ($8.86) ($7.48)
Total Capital
8,383 8,005 6,667 6,094 5,047 5,223 4,487 3,963 4,010 3,756
Total Debt
6,438 6,593 5,903 5,731 4,909 3,309 2,815 2,300 2,313 2,045
Total Long-Term Debt
6,177 5,459 5,283 5,145 4,855 3,271 2,733 1,952 2,260 2,003
Net Debt
332 354 291 843 2,362 835 437 471 786 742
Capital Expenditures (CapEx)
667 439 347 153 214 324 240 238 174 142
Debt-free, Cash-free Net Working Capital (DFCFNWC)
-5,913 -5,556 -5,136 -4,474 -2,640 -2,351 -2,198 -1,905 -1,260 -1,074
Debt-free Net Working Capital (DFNWC)
193 683 476 414 -93 123 180 -77 267 229
Net Working Capital (NWC)
-68 -451 -144 -172 -147 85 98 -424 213 187
Net Nonoperating Expense (NNE)
130 132 177 316 671 89 97 56 62 -310
Net Nonoperating Obligations (NNO)
192 354 291 843 2,362 835 437 471 786 742
Total Depreciation and Amortization (D&A)
656 617 321 528 566 548 286 246 416 408
Debt-free, Cash-free Net Working Capital to Revenue
-25.54% -24.45% -30.79% -71.38% -141.84% -20.36% -20.37% -19.67% -16.10% -14.82%
Debt-free Net Working Capital to Revenue
0.83% 3.01% 2.85% 6.60% -5.02% 1.07% 1.67% -0.79% 3.41% 3.17%
Net Working Capital to Revenue
-0.29% -1.98% -0.86% -2.74% -7.89% 0.74% 0.91% -4.38% 2.72% 2.58%
Earnings Adjustments
- - - - - - - - - -
Adjusted Basic Earnings per Share
$2.77 $1.38 $0.66 ($3.09) ($8.12) ($0.02) ($0.09) ($0.48) ($0.23) ($0.33)
Adjusted Weighted Average Basic Shares Outstanding
230.12M 228.63M 224.81M 224.63M 218.05M 214.53M 210.90M 208.17M 204.76M 202.46M
Adjusted Diluted Earnings per Share
$2.74 $1.37 $0.64 ($3.09) ($8.12) ($0.02) ($0.09) ($0.48) ($0.23) ($0.33)
Adjusted Weighted Average Diluted Shares Outstanding
236.35M 230.98M 231.56M 224.63M 218.05M 214.53M 210.90M 208.17M 204.76M 202.46M
Adjusted Basic & Diluted Earnings per Share
$0.00 $0.00 $0.00 ($3.09) ($8.12) ($0.02) ($0.09) ($0.48) ($0.23) ($0.33)
Adjusted Weighted Average Basic & Diluted Shares Outstanding
233.40M 230.80M 231.59M 217.19M 212.27M 210.08M 207.44M 204.92M 202.08M 200.97M
Normalized Net Operating Profit after Tax (NOPAT)
569 825 527 -293 -1,157 206 195 63 137 93
Normalized NOPAT Margin
2.46% 3.63% 3.16% -4.68% -62.16% 1.78% 1.81% 0.65% 1.74% 1.28%
Pre Tax Income Margin
3.19% 4.02% 2.94% -9.75% -99.76% 1.60% 1.22% -0.10% 0.62% 0.09%
Debt Service Ratios
- - - - - - - - - -
EBIT to Interest Expense
2.83 2.85 2.44 -1.49 -7.21 2.04 1.85 0.85 1.53 1.01
NOPAT to Interest Expense
3.84 2.27 1.98 -1.04 -5.10 1.32 1.33 0.59 0.68 -3.17
EBIT Less CapEx to Interest Expense
0.80 1.66 1.20 -2.03 -8.15 -0.01 0.15 -1.36 0.09 -0.37
NOPAT Less CapEx to Interest Expense
1.81 1.08 0.73 -1.58 -6.04 -0.74 -0.37 -1.62 -0.76 -4.55
Payout Ratios
- - - - - - - - - -
Dividend Payout Ratio
23.81% 36.57% 38.68% -11.45% -5.94% 113.37% 86.31% 796.49% 372.81% -237.27%
Augmented Payout Ratio
23.81% 36.57% 38.68% -11.45% -5.94% 113.37% 86.31% 796.49% 372.81% -237.27%

Quarterly Metrics And Ratios for Live Nation Entertainment

This table displays calculated financial ratios and metrics derived from Live Nation Entertainment's official financial filings.

Metric Q1 2025 Q4 2024 Q3 2024 Q2 2024 Q1 2024 Q4 2023 Q3 2023 Q2 2023 Q1 2023 Q4 2022 Q3 2022
Period end date 3/31/2025 12/31/2024 9/30/2024 6/30/2024 3/31/2024 12/31/2023 9/30/2023 6/30/2023 3/31/2023 12/31/2022 9/30/2022
Growth Metrics
- - - - - - - - - - -
Revenue Growth
-10.99% -2.27% -6.17% 6.97% 21.49% 35.49% 32.52% 26.98% 73.47% 58.73% 128.02%
EBITDA Growth
47.58% -129.44% 35.62% 17.00% -20.49% 221.67% -3.58% 21.84% 79.73% -798.32% 142.11%
EBIT Growth
213.53% -176.68% 2.74% 23.82% -64.06% 39.15% 27.32% 25.29% 538.85% -39.92% 299.58%
NOPAT Growth
377.84% -149.64% -6.44% 11.88% 296.67% 24.70% 31.37% 22.78% 389.62% -4.36% 258.61%
Net Income Growth
208.42% 207.22% -11.31% 13.55% -172.90% -25.17% 46.30% 45.08% 190.27% -24.48% 357.48%
EPS Growth
42.86% 142.65% -13.99% 0.98% -112.00% -19.30% 38.85% 54.55% 35.90% -21.28% 631.58%
Operating Cash Flow Growth
33.61% 71.80% 19.20% -16.07% -14.45% -32.90% -44.12% 40.63% -3.54% 19.95% -326.09%
Free Cash Flow Firm Growth
86.53% 30.56% 385.20% -268.78% -5,029.40% -1,384.48% 1,672.61% -69.88% -99.58% -94.97% -100.16%
Invested Capital Growth
16.05% 20.99% 15.61% 129.88% 187.96% 67.48% 31.50% 23.54% 26.58% -12.58% 34.88%
Revenue Q/Q Growth
-40.47% -25.74% 27.02% 58.53% -34.93% -28.71% 44.82% 80.05% -27.11% -30.27% 38.78%
EBITDA Q/Q Growth
477.12% -109.47% 24.90% 222.82% 224.78% -56.37% 7.75% 119.38% 945.26% -134.58% 36.14%
EBIT Q/Q Growth
144.63% -138.44% 33.96% 1,099.99% 154.94% -114.27% 61.44% 248.29% 184.00% -129.86% 58.86%
NOPAT Q/Q Growth
147.07% -130.39% 46.58% 4.38% 745.05% -111.39% 75.29% 270.08% 210.51% -119.87% 63.83%
Net Income Q/Q Growth
-82.94% -47.37% 37.07% 1,267.79% 82.29% -143.54% 75.47% 649.77% 126.36% -150.89% 74.01%
EPS Q/Q Growth
-155.17% -65.06% 61.17% 294.34% 55.08% -170.47% 89.22% 508.00% 75.49% -182.01% 110.61%
Operating Cash Flow Q/Q Growth
26.42% 244.97% -274.94% -58.33% 62.55% 168.18% -281.72% -57.52% 27.90% 246.46% -277.32%
Free Cash Flow Firm Q/Q Growth
80.40% -374.75% 150.80% 0.77% 53.31% -2,019.90% -82.33% 2,797.90% -88.30% 2,450.56% -100.34%
Invested Capital Q/Q Growth
-36.85% -21.07% 98.14% 17.52% -36.64% -24.58% 293.96% 47.22% -61.71% -40.78% 270.12%
Profitability Metrics
- - - - - - - - - - -
Gross Margin
33.33% 20.91% 24.45% 26.82% 30.35% 19.63% 22.77% 26.03% 32.35% 23.05% 23.49%
EBITDA Margin
8.57% -1.35% 10.60% 10.78% 5.29% 4.49% 7.33% 9.86% 8.09% -5.00% 10.08%
Operating Margin
3.39% -4.30% 8.36% 7.73% -0.96% -1.68% 8.02% 6.86% 4.57% -3.03% 8.23%
EBIT Margin
3.31% -4.41% 8.52% 8.08% 1.07% -1.56% 7.78% 6.98% 3.61% -3.47% 8.10%
Profit (Net Income) Margin
1.37% 4.78% 6.74% 6.25% -0.85% -4.35% 7.13% 5.88% 1.41% -4.71% 6.46%
Tax Burden Percent
70.14% -88.68% 88.01% 82.44% -1,007.73% 158.79% 92.04% 88.83% 64.96% 117.66% 90.46%
Interest Burden Percent
59.04% 122.18% 89.89% 93.80% 7.88% 176.07% 99.57% 94.91% 60.30% 115.52% 88.16%
Effective Tax Rate
29.86% 0.00% 11.99% 17.56% 1,107.73% 0.00% 7.96% 11.17% 35.04% 0.00% 9.54%
Return on Invested Capital (ROIC)
43.08% -35.71% 67.92% 154.83% 289.50% -18.99% 75.88% 217.63% 147.74% -31.29% 72.44%
ROIC Less NNEP Spread (ROIC-NNEP)
49.60% 126.28% 61.16% 156.98% 407.95% -76.19% 73.04% 221.29% 167.06% -50.91% 66.01%
Return on Net Nonoperating Assets (RNNOA)
-14.62% 20.55% 23.35% -42.24% -122.91% -22.61% 38.57% -83.29% -68.52% -51.23% 102.06%
Return on Equity (ROE)
28.47% -15.17% 91.27% 112.59% 166.59% -41.60% 114.45% 134.33% 79.22% -82.51% 174.49%
Cash Return on Invested Capital (CROIC)
103.15% 45.63% 13.22% -2.89% -7.12% 8.82% 17.23% 121.37% 169.48% 62.19% 10.60%
Operating Return on Assets (OROA)
3.59% -5.28% 10.21% 9.53% 1.29% -1.99% 9.45% 7.37% 3.73% -3.75% 8.40%
Return on Assets (ROA)
1.49% 5.72% 8.08% 7.37% -1.02% -5.58% 8.66% 6.22% 1.46% -5.10% 6.70%
Return on Common Equity (ROCE)
-0.07% -0.55% 12.73% -9.68% -42.77% 8.03% 6.24% -46.53% -63.26% 69.57% -68.67%
Return on Equity Simple (ROE_SIMPLE)
1,151.12% 0.00% 221.23% -1,624.33% -572.93% 0.00% 355.94% -323.04% -109.00% 0.00% -555.73%
Net Operating Profit after Tax (NOPAT)
80 -171 563 384 368 -69 602 343 93 -91 458
NOPAT Margin
2.38% -3.01% 7.36% 6.38% 9.68% -1.18% 7.38% 6.10% 2.97% -2.12% 7.44%
Net Nonoperating Expense Percent (NNEP)
-6.52% -161.99% 6.76% -2.15% -118.45% 57.20% 2.84% -3.66% -19.32% 19.62% 6.43%
Return On Investment Capital (ROIC_SIMPLE)
1.12% -2.36% - - - -0.96% - - - -1.52% -
Cost of Revenue to Revenue
66.67% 79.09% 75.55% 73.18% 69.65% 80.37% 77.23% 73.97% 67.65% 76.95% 76.51%
SG&A Expenses to Revenue
25.58% 22.80% 14.36% 16.81% 27.84% 19.10% 13.17% 16.87% 24.09% 23.00% 14.18%
R&D to Revenue
0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
Operating Expenses to Revenue
29.93% 25.22% 16.09% 19.08% 31.31% 21.32% 14.75% 19.17% 27.79% 26.12% 15.27%
Earnings before Interest and Taxes (EBIT)
112 -251 652 487 41 -91 634 393 113 -149 498
Earnings before Interest, Taxes, Depreciation and Amortization (EBITDA)
290 -77 811 649 201 261 598 555 253 -214 620
Valuation Ratios
- - - - - - - - - - -
Price to Book Value (P/BV)
287.54 173.67 88.25 0.00 0.00 0.00 86.19 0.00 0.00 0.00 0.00
Price to Tangible Book Value (P/TBV)
0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Price to Revenue (P/Rev)
1.34 1.30 1.09 0.91 1.04 0.95 0.90 1.09 0.90 0.97 1.16
Price to Earnings (P/E)
31.29 33.57 55.94 41.40 46.87 38.71 31.38 46.66 47.26 60.43 57.51
Dividend Yield
0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
Earnings Yield
3.20% 2.98% 1.79% 2.42% 2.13% 2.58% 3.19% 2.14% 2.12% 1.65% 1.74%
Enterprise Value to Invested Capital (EV/IC)
23.51 15.06 10.28 16.91 22.05 13.23 9.07 36.55 42.29 16.62 10.86
Enterprise Value to Revenue (EV/Rev)
1.40 1.39 1.19 0.97 1.09 1.03 1.00 1.13 0.95 1.05 1.28
Enterprise Value to EBITDA (EV/EBITDA)
18.90 20.31 16.83 16.03 19.04 14.02 14.84 14.96 12.62 17.49 15.51
Enterprise Value to EBIT (EV/EBIT)
31.58 34.68 26.01 21.95 26.74 22.27 21.11 24.98 21.60 25.74 26.74
Enterprise Value to NOPAT (EV/NOPAT)
21.40 25.52 39.80 31.06 36.46 27.96 23.17 28.36 24.49 31.78 30.95
Enterprise Value to Operating Cash Flow (EV/OCF)
15.42 18.66 21.47 20.54 21.30 17.15 12.80 11.25 9.54 9.55 11.48
Enterprise Value to Free Cash Flow (EV/FCFF)
24.48 36.15 83.40 0.00 0.00 187.94 59.78 33.28 27.88 24.92 117.70
Leverage & Solvency
- - - - - - - - - - -
Debt to Equity
3.04 3.31 3.20 3.99 4.28 4.67 3.88 5.87 8.37 7.73 5.75
Long-Term Debt to Equity
2.81 3.18 2.90 3.26 3.50 3.87 3.85 5.83 8.29 6.92 5.13
Financial Leverage
-0.29 0.16 0.38 -0.27 -0.30 0.30 0.53 -0.38 -0.41 1.01 1.55
Leverage Ratio
11.75 11.52 10.64 15.05 17.35 16.31 12.94 21.07 28.46 27.38 23.90
Compound Leverage Factor
6.94 14.07 9.57 14.12 1.37 28.72 12.89 20.00 17.16 31.64 21.07
Debt to Total Capital
75.24% 76.80% 76.20% 79.96% 81.06% 82.36% 79.50% 85.45% 89.33% 88.55% 85.19%
Short-Term Debt to Total Capital
5.63% 3.11% 7.09% 14.63% 14.82% 14.17% 0.61% 0.67% 0.86% 9.30% 9.20%
Long-Term Debt to Total Capital
69.60% 73.68% 69.11% 65.34% 66.24% 68.19% 78.89% 84.78% 88.47% 79.25% 76.00%
Preferred Equity to Total Capital
0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
Noncontrolling Interests to Total Capital
23.52% 21.14% 20.29% 20.59% 20.43% 18.29% 17.82% 16.97% 16.89% 16.97% 15.91%
Common Equity to Total Capital
1.24% 2.07% 3.51% -0.56% -1.50% -0.65% 2.67% -2.42% -6.23% -5.51% -1.11%
Debt to EBITDA
3.82 4.06 3.78 4.32 4.62 3.96 4.61 4.55 4.89 5.89 4.60
Net Debt to EBITDA
-0.45 0.21 0.46 -0.13 -0.22 0.21 0.45 -0.37 -0.29 0.29 0.63
Long-Term Debt to EBITDA
3.53 3.90 3.43 3.53 3.77 3.27 4.58 4.51 4.84 5.27 4.11
Debt to NOPAT
4.32 5.10 8.94 8.36 8.84 7.89 7.20 8.62 9.48 10.71 9.19
Net Debt to NOPAT
-0.51 0.26 1.08 -0.26 -0.41 0.42 0.70 -0.69 -0.55 0.53 1.25
Long-Term Debt to NOPAT
4.00 4.90 8.11 6.83 7.23 6.53 7.15 8.56 9.39 9.58 8.19
Altman Z-Score
1.86 2.03 2.03 1.73 1.74 1.70 1.79 1.55 1.34 1.34 1.55
Noncontrolling Interest Sharing Ratio
100.25% 96.40% 86.05% 108.60% 125.67% 119.30% 94.55% 134.64% 179.86% 184.31% 139.36%
Liquidity Ratios
- - - - - - - - - - -
Current Ratio
0.96 0.99 1.01 0.92 0.92 0.95 1.14 1.08 1.08 0.98 1.04
Quick Ratio
0.78 0.84 0.85 0.76 0.78 0.83 0.97 0.90 0.92 0.85 0.91
Cash Flow Metrics
- - - - - - - - - - -
Free Cash Flow to Firm (FCFF)
-106 -542 197 -388 -391 -780 41 230 7.93 61 -2.58
Operating Cash Flow to CapEx
773.61% 597.61% -456.09% 206.42% 737.67% 454.94% -871.73% 573.30% 988.87% 642.05% -817.71%
Free Cash Flow to Firm to Interest Expense
-1.32 -6.78 2.24 -4.85 -4.85 -7.01 0.47 2.80 0.09 0.83 -0.04
Operating Cash Flow to Interest Expense
16.45 13.08 -8.20 5.15 12.26 5.46 -10.35 5.99 12.96 12.46 -8.78
Operating Cash Flow Less CapEx to Interest Expense
14.32 10.89 -9.99 2.66 10.59 4.26 -11.54 4.94 11.65 10.52 -9.85
Efficiency Ratios
- - - - - - - - - - -
Asset Turnover
1.09 1.20 1.20 1.18 1.20 1.28 1.21 1.06 1.03 1.08 1.04
Accounts Receivable Turnover
11.01 12.28 8.97 10.94 11.90 13.02 9.44 11.48 12.56 13.18 9.52
Inventory Turnover
0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Fixed Asset Turnover
9.47 10.19 10.76 11.51 11.70 12.66 13.89 12.83 12.11 12.93 14.11
Accounts Payable Turnover
7.68 8.18 7.99 8.87 8.66 8.40 8.36 7.52 6.93 6.83 6.61
Days Sales Outstanding (DSO)
33.15 29.73 40.69 33.36 30.68 28.03 38.67 31.80 29.06 27.70 38.35
Days Inventory Outstanding (DIO)
0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Days Payable Outstanding (DPO)
47.54 44.62 45.70 41.13 42.14 43.43 43.64 48.57 52.64 53.42 55.23
Cash Conversion Cycle (CCC)
-14.39 -14.90 -5.02 -7.77 -11.46 -15.41 -4.97 -16.77 -23.58 -25.72 -16.88
Capital & Investment Metrics
- - - - - - - - - - -
Invested Capital
1,350 2,137 2,708 1,367 1,163 1,766 2,342 594 404 1,055 1,781
Invested Capital Turnover
18.10 11.86 9.23 24.29 29.90 16.11 10.29 35.70 49.82 14.76 9.73
Increase / (Decrease) in Invested Capital
187 371 366 772 759 712 561 113 85 -152 461
Enterprise Value (EV)
31,721 32,194 27,834 23,105 25,639 23,377 21,232 21,727 17,076 17,524 19,343
Market Capitalization
30,478 30,090 25,414 21,695 24,362 21,558 19,112 20,945 16,211 16,102 17,487
Book Value per Share
$0.45 $0.75 $1.24 ($0.19) ($0.50) ($0.23) $0.96 ($0.82) ($1.99) ($1.59) ($0.32)
Tangible Book Value per Share
($17.16) ($16.41) ($16.42) ($18.07) ($18.98) ($18.59) ($17.08) ($18.72) ($19.26) ($18.69) ($17.17)
Total Capital
8,518 8,383 8,209 7,776 7,672 8,005 8,297 7,731 7,401 6,667 6,737
Total Debt
6,408 6,438 6,255 6,218 6,219 6,593 6,597 6,606 6,612 5,903 5,740
Total Long-Term Debt
5,929 6,177 5,673 5,081 5,082 5,459 6,546 6,555 6,548 5,283 5,120
Net Debt
-760 332 754 -191 -290 354 641 -530 -386 291 784
Capital Expenditures (CapEx)
171 175 158 200 134 134 102 86 117 141 76
Debt-free, Cash-free Net Working Capital (DFCFNWC)
-7,137 -5,913 -4,824 -6,215 -6,273 -5,556 -4,650 -6,332 -6,211 -5,136 -4,044
Debt-free Net Working Capital (DFNWC)
31 193 677 194 237 683 1,306 805 787 476 912
Net Working Capital (NWC)
-448 -68 95 -943 -901 -451 1,255 753 723 -144 293
Net Nonoperating Expense (NNE)
34 -442 47 7.77 400 185 20 12 49 111 61
Net Nonoperating Obligations (NNO)
-760 192 754 -191 -290 354 641 -530 -386 291 784
Total Depreciation and Amortization (D&A)
178 174 159 163 161 351 -36 162 140 -66 122
Debt-free, Cash-free Net Working Capital to Revenue
-31.39% -25.54% -20.70% -26.10% -26.78% -24.45% -21.93% -32.97% -34.49% -30.79% -26.79%
Debt-free Net Working Capital to Revenue
0.14% 0.83% 2.90% 0.82% 1.01% 3.01% 6.16% 4.19% 4.37% 2.85% 6.04%
Net Working Capital to Revenue
-1.97% -0.29% 0.41% -3.96% -3.85% -1.98% 5.92% 3.92% 4.02% -0.86% 1.94%
Earnings Adjustments
- - - - - - - - - - -
Adjusted Basic Earnings per Share
($0.32) $0.53 $1.72 $1.05 ($0.53) ($1.45) $1.85 $1.04 ($0.25) ($1.24) $1.47
Adjusted Weighted Average Basic Shares Outstanding
231.22M 230.12M 230.37M 229.92M 229.47M 228.63M 228.79M 228.54M 228.16M 224.81M 225.76M
Adjusted Diluted Earnings per Share
($0.32) $0.58 $1.66 $1.03 ($0.53) ($1.36) $1.78 $1.02 ($0.25) ($1.14) $1.39
Adjusted Weighted Average Diluted Shares Outstanding
231.22M 236.35M 245.32M 245.00M 229.47M 230.98M 244.16M 243.66M 0.00 231.56M 243.69M
Adjusted Basic & Diluted Earnings per Share
$0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00
Adjusted Weighted Average Basic & Diluted Shares Outstanding
234.09M 233.40M 232.35M 232.11M 231.44M 230.80M 230.33M 230.15M 229.89M 231.59M 230.88M
Normalized Net Operating Profit after Tax (NOPAT)
79 -175 559 383 -26 -73 600 337 93 -91 426
Normalized NOPAT Margin
2.33% -3.08% 7.31% 6.36% -0.68% -1.25% 7.36% 5.99% 2.98% -2.11% 6.92%
Pre Tax Income Margin
1.95% -5.39% 7.66% 7.58% 0.08% -2.74% 7.75% 6.62% 2.18% -4.01% 7.14%
Debt Service Ratios
- - - - - - - - - - -
EBIT to Interest Expense
1.39 -3.13 7.41 6.08 0.50 -0.81 7.36 4.79 1.26 -2.05 7.07
NOPAT to Interest Expense
1.00 -2.14 6.40 4.80 4.56 -0.62 6.98 4.19 1.04 -1.25 6.49
EBIT Less CapEx to Interest Expense
-0.73 -5.32 5.61 3.59 -1.16 -2.01 6.17 3.75 -0.05 -3.99 5.99
NOPAT Less CapEx to Interest Expense
-1.12 -4.33 4.60 2.31 2.90 -1.82 5.79 3.14 -0.27 -3.19 5.42
Payout Ratios
- - - - - - - - - - -
Dividend Payout Ratio
18.99% 23.81% 48.87% 43.06% 41.41% 36.57% 23.48% 33.59% 31.82% 38.68% 38.19%
Augmented Payout Ratio
18.99% 23.81% 48.87% 43.06% 41.41% 36.57% 23.48% 33.59% 31.82% 38.68% 38.19%

Frequently Asked Questions About Live Nation Entertainment's Financials

When does Live Nation Entertainment's financial year end?

According to the most recent income statement we have on file, Live Nation Entertainment's fiscal year ends in December. Their fiscal year 2024 ended on December 31, 2024.

How has Live Nation Entertainment's net income changed over the last 9 years?

Live Nation Entertainment's net income appears to be on a downward trend, with a most recent value of $1.13 billion in 2024, falling from -$15.77 million in 2015. The previous period was $703.80 million in 2023. Find out what analysts predict for Live Nation Entertainment in the coming months.

What is Live Nation Entertainment's operating income?
Live Nation Entertainment's total operating income in 2024 was $824.51 million, based on the following breakdown:
  • Total Gross Profit: $5.83 billion
  • Total Operating Expenses: $5.00 billion
How has Live Nation Entertainment revenue changed over the last 9 years?

Over the last 9 years, Live Nation Entertainment's total revenue changed from $7.25 billion in 2015 to $23.16 billion in 2024, a change of 219.6%.

How much debt does Live Nation Entertainment have?

Live Nation Entertainment's total liabilities were at $17.83 billion at the end of 2024, a 1.2% increase from 2023, and a 301.2% increase since 2015.

How much cash does Live Nation Entertainment have?

In the past 9 years, Live Nation Entertainment's cash and equivalents has ranged from $1.30 billion in 2015 to $6.23 billion in 2023, and is currently $6.10 billion as of their latest financial filing in 2024.

How has Live Nation Entertainment's book value per share changed over the last 9 years?

Over the last 9 years, Live Nation Entertainment's book value per share changed from 6.11 in 2015 to 0.75 in 2024, a change of -87.8%.



This page (NYSE:LYV) was last updated on 5/27/2025 by MarketBeat.com Staff
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