live nation entertainment inc. - LYV

LYV

Close Chg Chg %
138.57 0.84 0.60%

Open Market

139.41

+0.84 (0.60%)

Volume: 830.80K

Last Updated:

Nov 22, 2024, 12:30 PM EDT

Company Overview: live nation entertainment inc. - LYV

LYV Key Data

Open

$137.84

Day Range

137.84 - 139.60

52 Week Range

81.38 - 139.19

Market Cap

$31.95B

Shares Outstanding

230.60M

Public Float

154.56M

Beta

1.33

Rev. Per Employee

N/A

P/E Ratio

148.38

EPS

$1.02

Yield

0.00%

Dividend

N/A

EX-DIVIDEND DATE

SHORT INTEREST

N/A

AVERAGE VOLUME

2.72M

 

LYV Performance

1 Week
 
7.42%
 
1 Month
 
19.13%
 
3 Months
 
43.18%
 
1 Year
 
58.13%
 
5 Years
 
105.02%
 

LYV Analyst Ratings

  • Sell
  • Under
  • Hold
  • Over
  • Buy
Number of Ratings 23
Full Ratings ➔

About live nation entertainment inc. - LYV

Live Nation Entertainment, Inc. operates as an entertainment company. The firm engages in producing, marketing, and selling live concerts for artists via its global concert pipe. It operates through the following segments: Concerts, Sponsorship and Advertising, and Ticketing. The Concerts segment is involved in the promotion of live music events in owned or operated venues and in rented third-party venues. The Sponsorship and Advertising segment manages the development of strategic sponsorship programs in addition to the sale of international, national, and local sponsorships and placement of advertising such as signage, promotional programs, rich media offerings, including advertising associated with live streaming and music-related content, and ads across its distribution network of venues, events, and websites. The Ticketing segment is involved in the management of the global ticketing operations, including providing ticketing software and services to clients, and consumers with a marketplace, both online and mobile, for tickets and event information. The Ticketing segment also operates the firm's primary ticketing website, www.ticketmaster.com. The company was founded in 1996 and is headquartered in Beverly Hills, CA.

LYV At a Glance

Live Nation Entertainment, Inc.
9348 Civic Center Drive
Beverly Hills, California 90210
Phone 1-800-653-8000 Revenue 22.75B
Industry Movies/Entertainment Net Income 315.84M
Sector Consumer Services 2023 Sales Growth 36.375%
Fiscal Year-end 12 / 2024 Employees 14,700
View SEC Filings

LYV Valuation

P/E Current 146.172
P/E Ratio (with extraordinary items) N/A
P/E Ratio (without extraordinary items) 68.451
Price to Sales Ratio 0.95
Price to Book Ratio N/A
Price to Cash Flow Ratio 15.772
Enterprise Value to EBITDA 15.318
Enterprise Value to Sales 1.113
Total Debt to Enterprise Value 0.333

LYV Efficiency

Revenue/Employee 1,547,555.986
Income Per Employee 21,485.85
Receivables Turnover 10.767
Total Asset Turnover 1.28

LYV Liquidity

Current Ratio 0.962
Quick Ratio 0.957
Cash Ratio 0.626

LYV Profitability

Gross Margin 21.716
Operating Margin 4.626
Pretax Margin 3.932
Net Margin 1.388
Return on Assets 1.778
Return on Equity N/A
Return on Total Capital 3.751
Return on Invested Capital 4.611

LYV Capital Structure

Total Debt to Total Equity N/A
Total Debt to Total Capital 100.204
Total Debt to Total Assets 44.238
Long-Term Debt to Equity N/A
Long-Term Debt to Total Capital 84.851
  • Income Statement
  • Balance Sheet
  • Cash Flow Statement

Annual Financials for Live Nation Entertainment Inc. - LYV

Collapse All in section
All values USD millions. 2020 2021 2022 2023 5-year trend
Sales/Revenue
1.86B 6.27B 16.68B 22.75B
Sales Growth
-83.88% +236.80% +166.11% +36.38%
Cost of Goods Sold (COGS) incl D&A
1.86B 4.77B 12.79B 17.81B
COGS excluding D&A
- - - -
-
Depreciation & Amortization Expense
509.40M 490.68M 529.02M 600.49M
Depreciation
245.71M 222.84M 225.77M 266.59M
Amortization of Intangibles
263.68M 267.84M 303.25M 333.90M
COGS Growth
-79.08% +156.05% +167.95% +39.27%
Gross Income
(2.65M) 1.50B 3.89B 4.94B
Gross Income Growth
-100.10% +56,623.65% +160.25% +26.88%
Gross Profit Margin
-0.14% +23.87% +23.34% +21.72%
2020 2021 2022 2023 5-year trend
SG&A Expense
1.63B 1.92B 3.19B 3.89B
Research & Development
- - - -
-
Other SG&A
1.63B 1.92B 3.19B 3.89B
SGA Growth
-29.72% +17.76% +66.75% +21.74%
Other Operating Expense
- - - -
-
Unusual Expense
- - 23.60M 18.50M
-
EBIT after Unusual Expense
(1.65B) (419.07M) 700.04M 1.03B
Non Operating Income/Expense
22.86M 90.24M 83.89M 211.02M
Non-Operating Interest Income
11.74M 6.63M 77.62M 237.82M
Equity in Earnings of Affiliates
(5.46M) 2.52M 10.57M (5.46M)
Interest Expense
226.83M 282.44M 278.48M 350.24M
Interest Expense Growth
+44.00% +24.52% -1.40% +25.77%
Gross Interest Expense
226.83M 282.44M 278.48M 350.24M
Interest Capitalized
- - - -
-
Pretax Income
(1.86B) (611.27M) 505.45M 894.54M
Pretax Income Growth
-1,103.04% +67.08% +182.69% +76.98%
Pretax Margin
-99.76% -9.75% +3.03% +3.93%
Income Tax
(28.88M) (2.48M) 96.25M 160.23M
Income Tax - Current - Domestic
1.02M (1.55M) 5.42M 24.42M
Income Tax - Current - Foreign
7.98M 8.71M 83.63M 179.82M
Income Tax - Deferred - Domestic
(17.11M) 7.79M 7.60M 7.19M
Income Tax - Deferred - Foreign
(20.77M) (17.43M) (397.00K) (51.21M)
Income Tax Credits
- - - -
-
Equity in Earnings of Affiliates
(5.46M) 2.52M 10.57M (5.46M)
Other After Tax Income (Expense)
1.18M (19.77M) (146.77M) (247.44M)
Consolidated Net Income
(1.83B) (628.56M) 262.42M 486.88M
Minority Interest Expense
(103.25M) 42.12M 113.21M 171.04M
Net Income
(1.72B) (670.67M) 149.22M 315.84M
Net Income Growth
-35,200.18% +61.08% +122.25% +111.67%
Net Margin Growth
-92.59% -10.70% +0.89% +1.39%
Extraordinaries & Discontinued Operations
- - - -
-
Discontinued Operations
- - - -
-
Net Income After Extraordinaries
(1.72B) (670.67M) 149.22M 315.84M
Preferred Dividends
- - - -
-
Net Income Available to Common
(1.72B) (670.67M) 149.22M 315.84M
EPS (Basic)
-8.1187 -3.088 0.6637 1.3815
EPS (Basic) Growth
-34,894.40% +61.96% +121.49% +108.15%
Basic Shares Outstanding
212.27M 217.19M 224.81M 228.63M
EPS (Diluted)
-8.1187 -3.088 0.6444 1.3674
EPS (Diluted) Growth
-34,894.40% +61.96% +120.87% +112.20%
Diluted Shares Outstanding
212.27M 217.19M 231.56M 230.98M
EBITDA
(1.12B) 71.61M 1.23B 1.65B
EBITDA Growth
-232.23% +106.40% +1,616.22% +34.47%
EBITDA Margin
-60.16% +1.14% +7.37% +7.27%

Snapshot

Average Recommendation OVERWEIGHT Average Target Price 141.842
Number of Ratings 23 Current Quarters Estimate -1.082
FY Report Date 12 / 2024 Current Year's Estimate 1.134
Last Quarter’s Earnings 1.66 Median PE on CY Estimate N/A
Year Ago Earnings 1.37 Next Fiscal Year Estimate 2.567
Median PE on Next FY Estimate N/A

Earnings Per Share

This Quarter Next Quarter This Fiscal Next Fiscal
# of Estimates 18 8 20 20
Mean Estimate -1.08 0.14 1.13 2.57
High Estimates -0.77 0.42 1.52 3.73
Low Estimate -1.51 -0.09 0.72 0.53
Coefficient of Variance -22.10 135.21 19.16 29.69

Analysts Recommendations

Current 1 Month Ago 3 Months Ago
BUY 18 19 18
OVERWEIGHT 1 1 0
HOLD 1 2 4
UNDERWEIGHT 2 1 0
SELL 1 1 1
MEAN Overweight Overweight Overweight

Insider Actions for Live Nation Entertainment Inc. - LYV

Date Name Shares Transaction Value
Sep 13, 2024 Michael Rapino President & CEO; Director 3,800,964 Exercise or conversion of derivative security exempted pursuant to Rule 16b-3 Non-derivative transaction at $25.33 per share 96,278,418.12
Sep 13, 2024 Joe Berchtold President & CFO N/A Exercise or conversion of derivative security exempted pursuant to Rule 16b-3 0.00
Sep 13, 2024 Joe Berchtold President & CFO 566,722 Open market or private sale of non-derivative or derivative security Non-derivative transaction at $97.98 per share 55,527,421.56
Sep 13, 2024 Joe Berchtold President & CFO 567,220 Open market or private sale of non-derivative or derivative security Non-derivative transaction at $97.49 per share 55,298,277.80
Sep 13, 2024 Joe Berchtold President & CFO 596,032 Exercise or conversion of derivative security exempted pursuant to Rule 16b-3 Non-derivative transaction at $25.33 per share 15,097,490.56
Sep 13, 2024 Michael Rapino President & CEO; Director N/A Exercise or conversion of derivative security exempted pursuant to Rule 16b-3 0.00
Sep 13, 2024 Michael Rapino President & CEO; Director 3,702,115 Open market or private sale of non-derivative or derivative security Non-derivative transaction at $97.5 per share 360,956,212.50
Sep 13, 2024 Michael G. Rowles EVP & General Counsel N/A Exercise or conversion of derivative security exempted pursuant to Rule 16b-3 0.00
Sep 13, 2024 Michael G. Rowles EVP & General Counsel 167,447 Open market or private sale of non-derivative or derivative security Non-derivative transaction at $97.64 per share 16,349,525.08
Sep 13, 2024 Michael G. Rowles EVP & General Counsel 202,447 Exercise or conversion of derivative security exempted pursuant to Rule 16b-3 Non-derivative transaction at $24.96 per share 5,053,077.12
Aug 23, 2024 Ping Fu Director 15,128 Open market or private sale of non-derivative or derivative security Non-derivative transaction at $96.56 per share 1,460,759.68
Mar 13, 2024 Jeffrey T. Hinson Director 59,374 Open market or private sale of non-derivative or derivative security Non-derivative transaction at $100.5 per share 5,967,087.00
Mar 13, 2024 Jeffrey T. Hinson Director 59,174 Bona fide gift 0.00
Mar 4, 2024 Brian Capo Chief Accounting Officer 12,769 Grant, award or other acq pursuant to Rule 16b-3(d) 0.00
Mar 1, 2024 Ping Fu Director 14,714 Open market or private sale of non-derivative or derivative security Non-derivative transaction at $93.67 per share 1,378,260.38
Dec 13, 2023 James S. Kahan Director 6,417 Bona fide gift 0.00
Dec 13, 2023 James S. Kahan Director 2,235 Bona fide gift 0.00
Dec 13, 2023 James S. Kahan Director 4,432 Bona fide gift 0.00
Dec 13, 2023 James S. Kahan Director 3,385 Bona fide gift 0.00

Live Nation Entertainment Inc. in the News