Warner Music [WMG] vs Live Nation [LYV] Detailed Stock Comparison

TLDR: Quick Comparison Summary

Based on 21 vital metrics comparison: Warner Music Group Corp. wins in 12 metrics, Live Nation Entertainment, Inc. wins in 7 metrics, with 0 ties. Warner Music Group Corp. appears stronger overall.

View Metrics Details

Vital Metrics Comparison

Metric Warner Music Group Corp. Live Nation Entertainment, Inc. Better
P/E Ratio (TTM) 50.86 117.49 Warner Music Group Corp.
Price-to-Book Ratio 20.99 132.44 Warner Music Group Corp.
Debt-to-Equity Ratio 555.61 572.03 Warner Music Group Corp.
PEG Ratio -1.91 68.72 Live Nation Entertainment, Inc.
EV/EBITDA 12.90 20.63 Warner Music Group Corp.
Profit Margin (TTM) 4.43% 1.97% Warner Music Group Corp.
Operating Margin (TTM) 17.77% -0.82% Warner Music Group Corp.
EBITDA Margin (TTM) 17.77% N/A N/A
Return on Equity 39.84% 36.70% Warner Music Group Corp.
Return on Assets (TTM) 7.13% 3.89% Warner Music Group Corp.
Free Cash Flow (TTM) $344.00M $304.98M Warner Music Group Corp.
Dividend Yield 3.02% N/A N/A
1-Year Return 8.05% 24.85% Live Nation Entertainment, Inc.
Price-to-Sales Ratio (TTM) 2.20 1.43 Live Nation Entertainment, Inc.
Enterprise Value $19.11B $40.50B Live Nation Entertainment, Inc.
EV/Revenue Ratio 2.78 1.61 Live Nation Entertainment, Inc.
Gross Profit Margin (TTM) 46.36% 23.02% Warner Music Group Corp.
Revenue per Share (TTM) $13 $109 Live Nation Entertainment, Inc.
Earnings per Share (Diluted) $0.57 $-0.25 Warner Music Group Corp.
Beta (Stock Volatility) 1.28 1.15 Live Nation Entertainment, Inc.
Short % of Float 8.06% 12.97% Warner Music Group Corp.

Warner Music Group Corp. vs Live Nation Entertainment, Inc. Stock Performance Analysis

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Performance Comparison

Short-term Returns

Stock1D1W1M3M6MYTD
Warner Music Group Corp.0.11%-5.06%-14.78%4.05%2.30%-6.41%
Live Nation Entertainment, Inc.1.94%10.24%4.13%11.96%24.14%21.02%

Long-term Returns

Stock1Y3Y5Y10Y15Y20Y
Warner Music Group Corp.8.05%4.79%-18.03%-4.94%-4.94%-4.94%
Live Nation Entertainment, Inc.24.85%91.30%101.39%641.34%1,516.78%714.11%

Performance & Financial Health Analysis: Warner Music Group Corp. vs Live Nation Entertainment, Inc.

MetricWMGLYV
Market Information
Market Cap i$15.12B$35.97B
Market Cap CategoryLarge capLarge cap
10 Day Avg. Volume i1,519,0243,355,819
90 Day Avg. Volume i2,111,8652,967,083
Last Close$28.49$175.85
52 Week Range$23.34 - $35.42$125.34 - $176.00
% from 52W High-19.57%-0.09%
All-Time High$50.23 (Oct 25, 2021)$176.00 (Jun 15, 2026)
% from All-Time High-43.28%-0.09%
Growth Metrics
Quarterly Revenue Growth0.10%0.11%
Quarterly Earnings Growth-0.25%0.11%
Financial Health
Profit Margin (TTM) i0.04%0.02%
Operating Margin (TTM) i0.18%-0.01%
Return on Equity (TTM) i0.40%0.37%
Debt to Equity (MRQ) i555.61572.03
Cash & Liquidity
Book Value per Share (MRQ)$1.38$1.16
Cash per Share (MRQ)$1.44$30.53
Operating Cash Flow (TTM) i$786.00M$1.40B
Levered Free Cash Flow (TTM) i$731.00M$1.11B
Dividends
Last 12-Month Dividend Yield i3.02%N/A
Last 12-Month Dividend i$0.93N/A

Valuation & Enterprise Metrics Analysis: Warner Music Group Corp. vs Live Nation Entertainment, Inc.

MetricWMG (Apr 26, 2026)LYV (Apr 24, 2026)
Price Ratios
P/E Ratio (TTM) i50.86117.49
Forward P/E i16.4068.72
PEG Ratio i-1.9168.72
Price to Sales (TTM) i2.201.43
Price to Book (MRQ) i20.99132.44
Market Capitalization
Market Capitalization i$15.12B$35.97B
Enterprise Value i$19.11B$40.50B
Enterprise Value Metrics
Enterprise to Revenue i2.781.61
Enterprise to EBITDA i12.9020.63
Risk & Other Metrics
Beta i1.281.15
Book Value per Share (MRQ) i$1.38$1.16

Financial Statements Comparison: Warner Music Group Corp. vs Live Nation Entertainment, Inc.

Financial Metrics

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Revenue

Operating Margin

Profit Margin

Long Term Debt

Income Flow Analysis

Financial Statements Comparison

Income Statement

MetricWMG (2025)LYV (2025)
Revenue/Sales i6.71B25.20B
Cost of Goods Sold i3.63B18.76B
COGS % of Revenue i54.2%74.5%
Gross Profit i3.08B6.44B
Gross Margin i45.8%25.5%
Research & Development iN/AN/A
Operating Income (EBIT) i928.00M1.23B
Operating Margin i13.8%4.9%
EBITDA i1.26B1.97B
EBITDA Margin i18.8%7.8%
Pre-Tax Income i490.00M1.03B
Pre-Tax Income % of Revenue i7.3%4.1%
Income Tax i120.00M339.79M
Income Tax % of Revenue i1.8%1.3%
Net Income (Profit) i370.00M690.74M
Profit Margin i5.5%2.7%

Balance Sheet & Liquidity Metrics

MetricWMG (2025)LYV (2025)
Cash & Equivalents i532.00M7.09B
Total Current Assets i2.77B10.97B
Total Current Assets % of Revenue i41.3%43.5%
Total Current Liabilities i4.20B11.03B
Total Current Liabilities % of Revenue i62.6%43.8%
Long-Term Debt i4.57B9.65B
Long-Term Debt % of Revenue i68.1%38.3%
Total Shareholders Equity i757.00M1.82B
Retained Earnings i-1.33B-1.04B
Retained Earnings % of Revenue i-19.8%-4.1%
Property, Plant & Equipment i189.00M4.74B

Cash Flow Statement Comparison

MetricWMG (2025)LYV (2025)
Operating Cash Flow i704.00M1.72B
Operating Cash Flow % of Revenue i10.5%6.8%
Capital Expenditures iN/A-1.08B
Free Cash Flow i344.00M304.98M
FCF Margin i5.1%1.2%
Debt Repayment i-1.00M-2.05B
Common Stock Repurchase i-16.00M-23.53M

Short Interest & Institutional Ownership Analysis

MetricWMGLYV
Shares Short i9.17M20.78M
Short Ratio i3.986.56
Short % of Float i8.06%12.97%
Shares Outstanding i521.53M235.42M
Float Shares i145.36M156.46M
% Held by Insiders i0.74%32.62%
% Held by Institutions i105.54%83.21%
% Held by Public i-6.28%-15.83%

Dividend Analysis & Yield Comparison: Warner Music Group Corp. vs Live Nation Entertainment, Inc.

MetricWMGLYV
Last 12-Month Dividend i$0.93N/A
Last 12-Month Dividend Yield i3.02%N/A
3-Year Avg Annual Dividend i$0.76N/A
3-Year Avg Dividend Yield i0.57%N/A
3-Year Total Dividends i$2.29N/A
Ex-Dividend DateFeb 18, 2026N/A