Live Nation Entertainment Inc

Live Nation Entertainment Inc

LYV · NYSE · Communication Services / Entertainment

178.45USD-1.69 (-0.94%)

Price History

Full chart

Market Stats

Previous Close180.14
Open181.57
Day Range177.54 – 181.57
52-Week Range125.34 – 189.25
Volume3.53M
Market Cap40.19B
P/E (TTM)0.00
Forward P/E120.48
EPS-1.11
Dividend Yield0.00%
Beta1.17
50-Day Avg173.43
200-Day Avg166.33

About

Live Nation Entertainment, Inc. operates as a live entertainment company worldwide. The company operates through Concerts, Ticketing, and Sponsorship & Advertising segments. Its Concerts segment promotes live music events in its owned or operated venues, and in rented third-party venues. This segment 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 consumers with marketplace for tickets and event information through mobile apps, other websites, and retail outlets, as well as its websites, such as livenation.com and ticketmaster.com; and provides ticket resale services. This segment offers ticketing services for arenas, stadiums, amphitheaters, music clubs, concert promoters, professional sports franchises and leagues, college sports teams, performing arts venues, museums, and theaters. Its Sponsorship & Advertising segment sells international, national, and local sponsorships and placement of advertising, including signage, online advertising, and promotional programs; rich media offering, including advertising related with live streaming and music-related content; and ads through 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. It owns, operates, or leases entertainment venues. 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.

Company Details

  • SectorCommunication Services
  • IndustryEntertainment
  • CEOMr. Michael Rapino
  • Employees17.70K
  • Headquarters9348 Civic Center Drive, Beverly Hills, CA, United States, 90210, USA
  • Websitehttps://www.livenationentertainment.com

Leadership

  • Mr. Michael RapinoPresident, CEO & Director · b. 1966
  • Mr. Joe BerchtoldPresident & CFO · b. 1965
  • Mr. Brian J. CapoChief Accounting Officer & Senior VP · b. 1967
  • Mr. Michael G. RowlesExecutive VP, General Counsel & Secretary · b. 1966
  • Mr. John HopmansExecutive Vice President of Mergers & Acquisitions and Strategic Finance · b. 1959
  • Ms. Amy YongSenior Vice President of Investor Relations
  • Ms. Kaitlyn HenrichSenior Vice President of Corporate Affairs, Corporate Communications & Social Impact · b. 1991
  • Ms. Liz DyerSenior Vice President of Human Resources · b. 1986
  • Mr. Russell WallachGlobal President of Sponsorship & Advertising Division · b. 1966
  • Mr. Arthur FogelChairman of Global Music Group & President of Global Touring Division · b. 1954

Financials

Income Statement

Currency: USD2001-12-312002-12-312003-12-312004-12-312005-12-312006-12-312007-12-312008-12-312009-12-312010-12-312011-12-312012-12-312013-12-312014-12-312015-12-312016-12-312017-12-312018-12-312019-12-312020-12-312021-12-312022-12-312023-12-312024-12-312025-12-31
Total Revenue2.54B2.47B2.71B2.81B2.94B3.29B3.76B4.09B4.18B5.06B5.38B5.82B6.48B6.87B7.25B7.83B9.69B10.79B11.55B1.86B6.27B16.68B22.73B23.16B25.20B
Growth (%)--2.77%+9.48%+3.63%+4.66%+12.18%+13.99%+8.78%+2.34%+21.11%+6.32%+8.08%+11.33%+6.00%+5.52%+8.01%+23.78%+11.36%+7.05%-83.88%+236.80%+166.11%+36.24%+1.89%+8.83%
Cost of Revenue2.39B1.85B2.51B2.19B2.83B2.71B3.05B3.30B3.36B3.66B3.79B4.15B4.68B4.92B5.20B5.64B7.18B7.97B8.47B1.40B4.36B12.35B17.25B17.33B19.40B
Gross Profit157.16M620.22M201.27M621.00M107.01M581.74M706.01M785.86M823.78M1.41B1.59B1.67B1.80B1.95B2.05B2.19B2.51B2.82B3.08B458.78M1.91B4.33B5.48B5.83B5.80B
Gross Margin6.18%25.08%7.43%22.13%3.64%17.66%18.80%19.24%19.70%27.75%29.62%28.66%27.75%28.35%28.28%27.95%25.86%26.14%26.68%24.65%30.51%25.98%24.09%25.17%23.01%
Operating Expense347.36M525.31M247.26M562.02M120.20M582.61M689.16M1.08B876.13M1.47B1.58B1.69B1.66B1.94B1.92B1.99B2.41B2.55B2.76B2.11B2.33B3.61B4.39B5.00B4.32B
Operating Income-190.19M94.92M-46.00M58.98M-13.18M-872.00K16.84M-297.29M-52.36M-63.70M18.34M-21.64M139.66M7.16M131.37M194.94M91.40M272.54M324.84M-1.65B-417.86M722.03M1.08B824.51M1.48B
Operating Margin-7.48%3.84%-1.70%2.10%-0.45%-0.03%0.45%-7.28%-1.25%-1.26%0.34%-0.37%2.16%0.10%1.81%2.49%0.94%2.53%2.81%-88.83%-6.67%4.33%4.77%3.56%5.89%
EBITDA109.15M159.75M17.44M123.08M51.45M128.03M139.77M-139.41M114.38M249.54M366.81M421.14M475.44M374.63M506.48M558.48M553.92M658.61M786.62M-1.14B87.45M1.22B1.78B1.62B1.99B
EBITDA Margin4.29%6.46%0.64%4.39%1.75%3.89%3.72%-3.41%2.74%4.93%6.81%7.24%7.34%5.46%6.99%7.14%5.72%6.11%6.81%-61.51%1.40%7.31%7.83%6.98%7.88%
Net Income-254.74M-3.93B57.03M16.26M-130.62M-31.44M-11.94M-239.41M-60.18M-228.39M-83.02M-163.23M-43.38M-90.81M-32.51M2.94M-6.01M60.25M69.89M-1.72B-650.90M266.44M556.89M896.29M495.97M
Net Income Margin-10.01%-158.84%2.11%0.58%-4.45%-0.95%-0.32%-5.86%-1.44%-4.51%-1.54%-2.81%-0.67%-1.32%-0.45%0.04%-0.06%0.56%0.61%-92.66%-10.38%1.60%2.45%3.87%1.97%
R&D----------00000000--18.76M10.32M---
R&D as % of Total Revenue----------0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%--0.30%0.06%---
Interest Expense002.79M052.50M37.22M61.91M63.02M66.36M116.53M120.41M123.74M111.66M106.31M102.88M106.51M107.77M140.98M157.52M226.83M282.44M278.48M350.24M325.97M316.03M
Interest Expense % of Total Revenue0.00%0.00%0.10%0.00%1.79%1.13%1.65%1.54%1.59%2.30%2.24%2.13%1.72%1.55%1.42%1.36%1.11%1.31%1.36%12.19%4.51%1.67%1.54%1.41%1.25%

Balance Sheet

Currency: USD2001-12-312002-12-312003-12-312004-12-312005-12-312006-12-312007-12-312008-12-312009-12-312010-12-312011-12-312012-12-312013-12-312014-12-312015-12-312016-12-312017-12-312018-12-312019-12-312020-12-312021-12-312022-12-312023-12-312024-12-312025-12-31
Total Assets5.39B1.52B1.50B1.48B1.78B2.23B2.75B2.48B2.34B5.20B5.09B5.29B5.68B5.99B6.16B6.76B7.50B8.50B10.98B10.59B14.40B16.46B19.07B19.64B22.91B
Total Liabilities-1.29B1.30B1.32B1.11B1.51B1.82B1.79B1.62B3.59B3.46B3.74B4.03B4.34B4.45B5.07B5.84B6.82B9.06B10.45B14.04B15.70B17.59B17.69B21.09B
Total Equity3.70B230.91M192.01M160.90M663.06M714.83M928.91M683.98M725.44M1.61B1.63B1.55B1.65B1.65B1.71B1.70B1.66B1.67B1.91B138.70M363.47M763.56M1.48B1.95B1.82B
Cash--116.36M179.14M403.72M313.88M338.99M199.66M236.96M892.76M844.25M1.00B1.30B1.38B1.30B1.53B1.83B2.37B2.47B2.54B4.88B5.61B6.23B6.10B7.11B
Total Debt--617.84M650.67M366.84M639.15M822.61M885.71M740.07M1.73B1.72B1.74B1.81B2.06B2.05B2.31B2.30B2.82B4.93B6.68B7.46B7.70B8.44B8.27B10.40B
Net Debt--501.48M471.54M-36.88M325.27M483.62M686.05M503.11M839.11M871.43M738.95M509.70M681.37M741.89M786.46M474.64M443.48M2.46B4.14B2.58B2.09B2.21B2.18B5.33B

Cash Flow

Currency: USD2003-12-312004-12-312005-12-312006-12-312007-12-312008-12-312009-12-312010-12-312011-12-312012-12-312013-12-312014-12-312015-12-312016-12-312017-12-312018-12-312019-12-312020-12-312021-12-312022-12-312023-12-312024-12-312025-12-31
Operating Cash Flow138.71M119.90M13.91M16.72M49.81M-62.63M57.27M158.52M135.71M367.10M431.36M292.17M307.85M598.74M623.52M941.59M469.78M-1.08B1.78B1.84B1.36B1.73B1.40B
Investing Cash Flow-51.96M-84.08M-106.05M-375.16M-141.06M-67.60M70.09M452.99M-152.02M-203.79M-143.66M-384.29M-290.99M-426.48M-327.59M-496.91M-691.00M-224.06M-566.96M-784.69M-695.80M-854.28M-1.23B
Financing Cash Flow-56.89M23.25M345.44M268.29M110.19M33.98M-116.96M49.09M-44.38M-19.89M32.98M240.86M-36.47M99.21M-127.08M188.78M328.89M1.35B1.17B-143.34M-87.28M-658.55M406.51M
Capital Expenditure69.94M73.44M92.52M417.56M164.42M251.68M92.13M77.37M110.09M138.37M134.87M142.94M154.76M180.06M249.41M275.46M365.83M222.61M159.83M353.29M475.26M675.16M1.09B
Free Cash Flow68.78M46.46M-78.61M-400.84M-114.61M-314.31M-34.85M81.15M25.61M228.72M296.49M149.23M153.10M418.68M374.11M666.12M103.96M-1.31B1.62B1.48B887.72M1.05B304.98M
Dividends Paid--76.70M---602.74M-68.47M20.08M17.38M32.51M30.64M55.13M46.04M59.19M1.25M16.89M45.84M76.92M---
FCF to OCF49.58%38.75%-564.99%-2397.39%-230.09%501.83%-60.86%51.19%18.87%62.31%68.73%51.08%49.73%69.93%60.00%70.74%22.13%120.55%91.02%80.75%65.13%60.86%21.86%
Dividend Paid to FCF---97.58%----1729.28%-267.33%8.78%5.86%21.79%20.02%13.17%12.31%8.89%1.20%-1.29%2.83%5.19%---

Earnings

Report DateFeb 21, 2006May 5, 2006Aug 4, 2006Nov 7, 2006Mar 1, 2007May 10, 2007Aug 9, 2007Nov 8, 2007Feb 28, 2008May 8, 2008Aug 7, 2008Nov 6, 2008Mar 2, 2009May 7, 2009Aug 6, 2009Nov 9, 2009Feb 25, 2010May 10, 2010Aug 5, 2010Nov 4, 2010Feb 28, 2011May 5, 2011Aug 8, 2011Nov 3, 2011Feb 23, 2012May 9, 2012Aug 7, 2012Nov 5, 2012Feb 26, 2013May 7, 2013Aug 6, 2013Nov 5, 2013Feb 24, 2014May 6, 2014Jul 31, 2014Oct 30, 2014Feb 26, 2015Apr 30, 2015Aug 10, 2015Oct 29, 2015Feb 25, 2016May 3, 2016Jul 28, 2016Nov 7, 2016Feb 23, 2017May 4, 2017Aug 9, 2017Nov 2, 2017Feb 27, 2018May 3, 2018Jul 26, 2018Nov 1, 2018Feb 28, 2019May 2, 2019Jul 25, 2019Oct 31, 2019Feb 27, 2020May 7, 2020Aug 5, 2020Nov 5, 2020Feb 25, 2021May 6, 2021Aug 3, 2021Nov 4, 2021Feb 23, 2022May 5, 2022Aug 4, 2022Nov 3, 2022Feb 23, 2023May 4, 2023Jul 27, 2023Nov 2, 2023Feb 22, 2024May 2, 2024Jul 30, 2024Nov 12, 2024Feb 20, 2025May 1, 2025Aug 7, 2025Nov 4, 2025Feb 19, 2026May 5, 2026Jul 30, 2026Nov 3, 2026Nov 5, 2026
EPS Estimate0.22-0.230.350.74-0.13-0.070.130.84-0.12-0.41-0.150.53-0.22-0.820.170.88-0.50-0.430.030.47-0.17-0.420.010.35-0.30-0.400.060.27-0.36-0.360.110.35-0.37-0.340.150.34-0.40-0.320.110.44-0.32-0.280.050.48-0.58-0.330.190.55-1.08-0.280.190.64-0.74-0.340.380.76-0.68-0.97-2.09-2.15-2.30-1.52-1.20-0.06-0.54-0.770.521.05-0.92-0.470.681.15-1.04-0.141.081.61-1.05-0.161.011.49-0.98-0.320.591.671.50
EPS Actual-2.020.020.15-0.14-0.52-0.690.150.55-0.23-0.750.020.55-4.33-1.29-0.150.820.11-0.68-0.040.34-0.72-0.270.070.30-0.54-0.360.040.31-0.85-0.330.300.22-0.42-0.160.110.49-0.41-0.310.060.38-0.47-0.290.130.49-0.57-0.220.290.53-1.29-0.240.240.70-0.80-0.310.410.71-0.83-0.94-2.67-2.45-2.04-1.44-0.900.19-0.86-0.390.661.39-0.870.140.952.19-1.250.601.531.661.39-0.320.410.73-1.06-1.851.05--
Surprise-1018.18%108.70%-57.14%-118.92%-300.00%-885.71%15.38%-34.52%-91.67%-82.93%113.33%3.77%-1868.18%-57.32%-188.24%-6.82%122.00%-58.14%-233.33%-27.66%-323.53%35.71%600.00%-14.29%-80.00%10.00%-33.33%14.81%-136.11%8.33%172.73%-37.14%-13.51%52.94%-26.67%44.12%-2.50%3.13%-45.45%-13.64%-46.88%-3.57%160.00%2.08%1.72%33.33%52.63%-3.64%-19.44%14.29%26.32%9.38%-8.11%8.82%7.89%-6.58%-22.06%3.09%-27.75%-13.95%11.30%5.26%25.00%416.67%-59.26%49.35%26.92%32.38%5.43%129.79%39.71%90.43%-20.19%528.57%41.67%3.11%232.41%-100.00%-59.41%-51.01%-8.70%-478.13%77.97%--
Timing---After-hours-After-hoursAfter-hoursAfter-hours-After-hoursAfter-hoursAfter-hours-After-hoursAfter-hoursAfter-hours-After-hoursAfter-hoursAfter-hours-After-hoursAfter-hoursAfter-hours-After-hoursAfter-hoursAfter-hours-After-hoursAfter-hoursAfter-hours-After-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursPre-marketAfter-hoursAfter-hoursAfter-hoursAfter-hours-After-hoursAfter-hoursAfter-hoursAfter-hours

Key Statistics & Ratios

Market Cap40.19B
Enterprise Value42.27B
Trailing P/E0.00
Forward P/E120.48
PEG Ratio4.49
Price / Sales1.53
Price / Book486.60
EPS-1.11
Book Value0.357
Revenue (TTM)26.27B
Gross Profit (TTM)6.77B
EBITDA1.55B
Profit Margin0.51%
Operating Margin6.70%
Return on Equity17.68%
Return on Assets2.10%
Shares Outstanding232.96M
Shares Float157.24M
Beta1.17
Dividend Yield0.00%
Dividend Rate0.00
Payout Ratio0.00%

Analyst Ratings

Buy
Based on 25 analystsTarget 202.63
  • Strong Buy
    17
  • Buy
    3
  • Hold
    3
  • Sell
    1
  • Strong Sell
    1

Ownership Breakdown

Institutions
85.70%
Insiders
32.41%
Retail / Other
0.00%

Top Institutional Holders

  • BlackRock Inc
    13.52M5.80%
  • State Street Corp
    11.39M4.89%
  • FMR Inc
    10.70M4.59%
  • Vanguard Capital Management, LLC
    10.56M4.53%
  • Principal Financial Group Inc
    9.97M4.28%
  • Vanguard Portfolio Management, LLC
    8.21M3.52%
  • Capital Research & Mgmt Co - Division 3
    7.22M3.10%
  • Bank of America Corp
    6.67M2.86%
  • Independent Franchise Partners LLP
    6.01M2.58%
  • Morgan Stanley - Brokerage Accounts
    4.75M2.04%
  • Canada Pension Plan Investment Board
    4.69M2.01%
  • Select Equity Group LP
    4.52M1.94%
  • Geode Capital Management, LLC
    4.44M1.91%
  • Jericho Capital Asset Management LP
    4.19M1.80%

Top Fund Holders

  • American Funds Growth Fd of Amer A
    6.01M2.58%
  • Principal MidCap R5
    5.35M2.30%
  • Vanguard MStar Total Stk Mkt Idx Invest
    5.22M2.24%
  • Fidelity Contrafund
    4.88M2.10%
  • State Street® CommServSelSectSPDR®ETF
    4.48M1.92%
  • Vanguard 500 Index Investor
    4.16M1.79%