Live Nation Entertainment, Inc. logo

Live Nation Entertainment, Inc.

LYV

NYSECommunication ServicesEntertainment

Previous close

$181.82

−$0.20 · -0.11%

Aug 21, 4:00 PM ET

LYV company overview

Regular session · ET · Market data may be delayed.

GoAI snapshot

AI-powered factor overview

Jul 10, 2026

GoAI score

Hold

Wait — insufficient conviction to act

Valuation

55

Fair Value

Momentum

52

Neutral

Sentiment

60

Mixed

Risk resilience

78

Moderate Risk

Full GoAI research

Thesis, catalysts, evidence, and risk analysis.

View full GoAI research

AI-generated, informational only, and not investment advice.

Company profile

Company website

Live Nation Entertainment, Inc., incorporated in 2005 and formerly known as Live Nation, Inc. until its name change in January 2010, is a global leader in live entertainment, headquartered in Beverly Hills, California. The company's diverse operations are organized into three primary business segments: Concerts, Ticketing, and Sponsorship & Advertising. The Concerts segment is responsible for organizing and promoting live musical performances, utilizing its extensive portfolio of owned or managed venues, as well as various rented third-party locations. This division also oversees the management and operation of music venues, produces major music festivals, develops related content, and offers management and other support services to artists. Through its Ticketing segment, Live Nation manages a comprehensive suite of ticketing operations. This includes supplying advanced ticketing software and services to its clients and facilitating the sale of tickets for both its own events and a wide array of third-party performances and gatherings. These range from professional sports and collegiate athletics to performing arts, museums, and theaters, with tickets distributed via leading online platforms like livenation.com and ticketmaster.com, mobile applications, and various physical outlets. The segment also provides services for ticket resale. The Sponsorship & Advertising division focuses on developing and executing global, national, and local sponsorship programs and advertising campaigns. This involves selling placements for signage, promotional activities, and rich media advertisements—including those associated with live streaming and music-related content—distributed throughout its vast ecosystem of venues, events, and digital properties. Additionally, this segment specializes in crafting and producing bespoke events and programs tailored to specific brand requirements. As of December 31, 2021, Live Nation Entertainment owned, operated, or leased 165 entertainment venues across North America and an additional 94 international entertainment venues.

Industry
Entertainment
Sector
Communication Services
Headquarters
US
CEO
Michael Rapino
Listed since
Dec 21, 2005
Employees
17,700

Market position

Day range

Current $181.82

52-week range

Current $181.82

Open
$182.45
Previous close
$182.02
Volume
1.13M
0.46× average
Average volume
2.48M
Average daily volume
Market cap
42.31B USD
Beta
1.12
Market reference 1
50-day average
$179.96
+1.04% above average
200-day average
$158.39
+14.79% above average

Financials

Financial snapshot

Latest / TTM

Valuation & yield

Enterprise value
38.37B USD
P/E (TTM)
-165.29×
P/B (TTM)
514.21×
P/S (TTM)
1.61×
EV / EBITDA
18.5×
Earnings yield
1.50%
Free cash flow yield
0.92%
Dividend yield
0.00%

Profitability & efficiency

Gross margin
44.82%
Operating margin
3.44%
Net margin
0.51%
Return on equity
183.01%
Return on assets
2.16%
Return on invested capital
7.87%

Financial health

Debt / equity
137.04×
Current ratio

Financial statements

Margin trends

Profitability as a percentage of reported revenue.

Gross marginOperating marginNet margin
Gross, operating, and net margin trends35%18%2%-14%Gross margin, FY2021: 30.51%Gross margin, FY2022: 25.98%Gross margin, FY2023: 24.09%Gross margin, FY2024: 25.17%Gross margin, FY2025: 23.01%Operating margin, FY2021: -6.67%Operating margin, FY2022: 4.33%Operating margin, FY2023: 4.77%Operating margin, FY2024: 3.56%Operating margin, FY2025: 5.89%Net margin, FY2021: -10.38%Net margin, FY2022: 1.60%Net margin, FY2023: 2.45%Net margin, FY2024: 3.87%Net margin, FY2025: 1.97%FY2021FY2022FY2023FY2024FY2025
Gross margin FY2021 30.51%. Gross margin FY2022 25.98%. Gross margin FY2023 24.09%. Gross margin FY2024 25.17%. Gross margin FY2025 23.01%. Operating margin FY2021 -6.67%. Operating margin FY2022 4.33%. Operating margin FY2023 4.77%. Operating margin FY2024 3.56%. Operating margin FY2025 5.89%. Net margin FY2021 -10.38%. Net margin FY2022 1.60%. Net margin FY2023 2.45%. Net margin FY2024 3.87%. Net margin FY2025 1.97%.

Income trends

Revenue

25.2B USD+8.83%

Operating income

1.48B USD+79.98%

Net income

495.97M USD-44.66%
Income trends across reported periods27.79B USD17.45B USD7.1B USD−3.24B USDRevenue, FY2021: 6.27B USDRevenue, FY2022: 16.68B USDRevenue, FY2023: 22.73B USDRevenue, FY2024: 23.16B USDRevenue, FY2025: 25.2B USDOperating income, FY2021: −417.86M USDOperating income, FY2022: 722.03M USDOperating income, FY2023: 1.08B USDOperating income, FY2024: 824.51M USDOperating income, FY2025: 1.48B USDNet income, FY2021: −650.9M USDNet income, FY2022: 266.44M USDNet income, FY2023: 556.89M USDNet income, FY2024: 896.29M USDNet income, FY2025: 495.97M USDFY2021FY2022FY2023FY2024FY2025
Revenue FY2021 6.27B USD. Revenue FY2022 16.68B USD. Revenue FY2023 22.73B USD. Revenue FY2024 23.16B USD. Revenue FY2025 25.2B USD. Operating income FY2021 −417.86M USD. Operating income FY2022 722.03M USD. Operating income FY2023 1.08B USD. Operating income FY2024 824.51M USD. Operating income FY2025 1.48B USD. Net income FY2021 −650.9M USD. Net income FY2022 266.44M USD. Net income FY2023 556.89M USD. Net income FY2024 896.29M USD. Net income FY2025 495.97M USD.
Metric (USD)FY2025FY2024FY2023FY2022FY2021
Revenue25.2B USD23.16B USD22.73B USD16.68B USD6.27B USD
Cost of goods sold19.4B USD17.33B USD17.25B USD12.35B USD4.36B USD
Gross profit5.8B USD5.83B USD5.48B USD4.33B USD1.91B USD
Selling, general, and administrative4.09B USD4.1B USD3.56B USD2.96B USD1.75B USD
Operating expenses4.32B USD5B USD4.39B USD3.61B USD2.33B USD
Interest income150.45M USD156.25M USD237.82M USD77.62M USD6.63M USD
Interest expense316.03M USD325.97M USD350.24M USD278.48M USD282.44M USD
Depreciation and amortization727.26M USD549.92M USD516.8M USD449.98M USD416.28M USD
Operating income1.48B USD824.51M USD1.08B USD722.03M USD−417.86M USD
Net income495.97M USD896.29M USD556.89M USD266.44M USD−650.9M USD

Company facts updated Aug 24, 2026.

Earnings

EPS beat rate
36%
4 beats, 7 misses, 0 met estimates
Average EPS surprise
-44.64%
11 comparable reports
Latest EPS result
1.05
Estimate 0.66 · Beat by 58.85%

EPS: actual versus estimate

Recent quarterly results

ActualEstimate
Quarterly EPS actual values compared with estimates1.840.52-0.8-2.12Q1 '25BeatQ2 '25BeatQ3 '25MissQ4 '25MissQ1 '26MissQ2 '26MissQ3 '26BeatQ4 '26Estimate
Q1 2025, reported Feb 20, 2025: actual 0.56, estimate -0.93, surprise +160.22%, Beat. Q2 2025, reported May 1, 2025: actual -0.32, estimate -0.407, surprise +21.32%, Beat. Q3 2025, reported Aug 7, 2025: actual 0.41, estimate 1.03, surprise -60.19%, Miss. Q4 2025, reported Nov 4, 2025: actual 0.73, estimate 1.31, surprise -44.27%, Miss. Q1 2026, reported Feb 19, 2026: actual -1.06, estimate -1.02, surprise -3.92%, Miss. Q2 2026, reported May 5, 2026: actual -1.85, estimate -0.351, surprise -427.25%, Miss. Q3 2026, reported Jul 30, 2026: actual 1.05, estimate 0.661, surprise +58.85%, Beat. Q4 2026, reported Nov 3, 2026: actual —, estimate 1.57, surprise —, Comparison unavailable.

Revenue: actual versus estimate

Recent quarterly results

ActualEstimate
Quarterly Revenue actual values compared with estimates10.09B7.69B5.29B2.89BQ1 '25BeatQ2 '25MissQ3 '25BeatQ4 '25MissQ1 '26BeatQ2 '26BeatQ3 '26BeatQ4 '26Estimate
Q1 2025, reported Feb 20, 2025: actual 5.68B USD, estimate 5.6B USD, surprise +1.47%, Beat. Q2 2025, reported May 1, 2025: actual 3.38B USD, estimate 3.48B USD, surprise -2.70%, Miss. Q3 2025, reported Aug 7, 2025: actual 7.01B USD, estimate 6.85B USD, surprise +2.31%, Beat. Q4 2025, reported Nov 4, 2025: actual 8.5B USD, estimate 8.56B USD, surprise -0.71%, Miss. Q1 2026, reported Feb 19, 2026: actual 6.31B USD, estimate 6.1B USD, surprise +3.42%, Beat. Q2 2026, reported May 5, 2026: actual 3.79B USD, estimate 3.57B USD, surprise +6.21%, Beat. Q3 2026, reported Jul 30, 2026: actual 7.67B USD, estimate 7.56B USD, surprise +1.46%, Beat. Q4 2026, reported Nov 3, 2026: actual —, estimate 9.59B USD, surprise —, Comparison unavailable.

Analyst ratings

Third-party consensus; not a GoAI recommendation.

Analyst price target

Average target

$208.18

14.50% upside
Past 12 months12-month forecastHigh $222Average $208.18Low $187

Rating distribution

46 ratings
Strong buy00%
Buy4087%
Hold613%
Sell00%
Strong sell00%

Recent analyst actions

12 institutions
BernsteinmaintainOutperform
BTIGmaintainBuy
CitizensmaintainMarket Outperform

LYV news

LYV peers

ETFs holding LYV

Funds reporting this stock among their holdings, ordered by reported position size.

Continue in GoAI

Research LYV

research.disclaimer