Live Nation Entertainment, Inc. | Large-cap | Communication Services

Financial Overview

Latest Annual: 2024

Income Metrics

Revenue 23.2B
Gross Profit 5.8B 25.17%
Operating Income 813.5M 3.51%
Net Income 1.1B 4.88%
EPS (Diluted) $2.74

Balance Sheet Metrics

Total Assets 19.6B
Total Liabilities 17.7B
Shareholders Equity 1.9B
Debt to Equity 9.10

Cash Flow Metrics

Operating Cash Flow 1.8B
Free Cash Flow 1.1B

Revenue & Profitability Trend

Live Nation Income Statement From 2020 to 2024

Metric 2024 2023 2022 2021 2020
Revenue 23.2B 22.7B 16.7B 6.3B 1.9B
Cost of Goods Sold 17.3B 17.3B 12.3B 4.4B 1.4B
Gross Profit 5.8B 5.5B 4.3B 1.9B 458.8M
Operating Expenses 4.5B 3.9B 3.2B 1.9B 1.6B
Operating Income 813.5M 1.1B 701.0M -410.1M -1.7B
Pre-tax Income 739.4M 894.5M 505.4M -611.3M -1.9B
Income Tax -391.7M 160.2M 96.3M -2.5M -28.9M
Net Income 1.1B 734.3M 409.2M -608.8M -1.8B
EPS (Diluted) $2.74 $1.37 $0.64 -$3.09 -$8.12

Income Statement Trend

Live Nation Balance Sheet From 2020 to 2024

Metric 2024 2023 2022 2021 2020
Assets
Current Assets 9.3B 9.6B 8.2B 6.7B 3.6B
Non-Current Assets 10.3B 9.5B 8.3B 7.7B 6.9B
Total Assets 19.6B 19.1B 16.5B 14.4B 10.6B
Liabilities
Current Liabilities 9.4B 10.0B 8.3B 6.9B 3.8B
Non-Current Liabilities 8.3B 7.6B 7.4B 7.2B 6.7B
Total Liabilities 17.7B 17.6B 15.7B 14.0B 10.5B
Equity
Total Shareholders Equity 1.9B 1.5B 763.6M 363.5M 138.7M

Balance Sheet Composition

Live Nation Cash Flow Statement From 2020 to 2024

Metric 2024 2023 2022 2021 2020
Operating Activities
Net Income 1.1B 734.3M 409.2M -608.8M -1.8B
Operating Cash Flow 1.8B 1.5B 2.0B 1.8B -1.3B
Investing Activities
Capital Expenditures -666.6M -438.6M -347.2M -152.7M -213.7M
Investing Cash Flow -845.8M -659.2M -778.6M -559.9M -215.2M
Financing Activities
Dividends Paid - - - - -
Financing Cash Flow -684.6M -106.5M -179.1M 1.1B 1.3B
Free Cash Flow 1.1B 895.5M 1.5B 1.6B -1.3B

Cash Flow Trend

Live Nation Key Financial Ratios

Valuation Ratios

P/E Ratio (TTM) 46.68
Forward P/E 57.10
Price to Book 297.14
Price to Sales 1.41
PEG Ratio 57.10

Profitability Ratios

Profit Margin 4.28%
Operating Margin 3.33%
Return on Equity 68.51%
Return on Assets 4.19%

Financial Health

Current Ratio 0.96
Debt to Equity 393.22
Beta 1.45

Per Share Data

EPS (TTM) $2.96
Book Value per Share $0.47
Revenue per Share $98.62

Peer Financial Comparison

Company Market Cap P/E Ratio P/B Ratio ROE Profit Margin Debt/Equity
lyv 32.0B 46.68 297.14 68.51% 4.28% 393.22
Netflix 515.9B 57.15 21.47 40.84% 23.07% 72.51
Walt Disney 212.0B 24.07 2.04 8.89% 9.48% 39.43
Warner Bros 24.8B -2.25 0.73 -27.28% -28.16% 106.41
Liberty Media 23.8B 1,740.60 3.08 -0.43% -6.49% 64.66
Liberty Media 23.9B 1,612.00 3.43 -0.43% -6.49% 64.66

Financial data is updated regularly. All figures are in the company's reporting currency.