Live Nation Entertainment LYV
- Market cap
- $40.9B
- PE
- n/m
- a loss over the last year
- Forward PE
- 149×
- 10y median 155×
- Price to sales
- 1.6×
- EV/EBIT
- 46.2×
- Revenue, 12 months
- $26.3B
- +11% on a year ago
- Net margin
- 0.5%
- Free cash flow yield
- 3.4%
Live Nation Entertainment trades at 1.6× sales. Its trailing earnings are negative, so it has no PE. Revenue was $26.3B over the last twelve months, up 11% on a year earlier with a 1% net margin.
Charts
Financials
| Income statement | Q3 FY23 | Q4 FY23 | Q1 FY24 | Q2 FY24 | Q3 FY24 | Q4 FY24 | Q1 FY25 | Q2 FY25 | Q3 FY25 | Q4 FY25 | Q1 FY26 | Q2 FY26 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| $8.2B+33% | $5.8B+36% | $3.8B+22% | $6B+7% | $7.7B−6% | $5.7B−2% | $3.4B−11% | $7B+16% | $8.5B+11% | $6.3B+11% | $3.8B+12% | $7.7B+9% | |
| SG&A | $974.1M+21% | $1B+13% | $981.6M+42% | $926.2M+7% | $1B+3% | $1.1B+10% | $778.9M−21% | $1B+8% | $1B+0% | $1.3B+15% | $961.5M+23% | $1.1B+13% |
| $653.7M+29% | −$81.5M−32% | −$41.4M | $465.8M+21% | $639.5M−2% | −$239.4M+194% | $114.8M | $486.7M+5% | $792.5M+24% | −$142.7M−40% | −$370.5M | $521.9M+7% | |
| Interest expense | $86.2M+22% | $92.8M+28% | $80.7M−10% | $80M−3% | $88M+2% | $77.4M−17% | $80.3M−0% | $72M−10% | $80.3M−9% | $83.4M+8% | $90.5M+13% | $97.2M+35% |
| Pre-tax income | $631.7M+44% | −$143M−9% | −$1.7M | $456.4M+22% | $585.9M−7% | −$301.2M+111% | $66M | $420.4M−8% | $729.8M+25% | −$185.7M−38% | −$412.1M | $518.6M+23% |
| $50.3M+20% | $38.9M+264% | $41M+72% | $80.2M+93% | $70.2M+40% | −$583.1M | $19.7M−52% | $117.6M+47% | $251.8M+259% | −$49.4M−92% | −$32.1M | $115.7M−2% | |
| Net income | $521.5M+44% | −$210.7M+4% | −$54.5M+1619% | $298M+2% | $451.8M−13% | $201M | $23.2M | $243.4M−18% | $431.5M−5% | −$202.1M | −$389.1M | $294.4M+21% |
| $1.93+39% | −$1.25+13% | −$0.56+124% | $1.03+1% | $1.66−14% | $0.55 | −$0.32−43% | $0.41−60% | $0.73−56% | −$1.06 | −$1.85+478% | $1.05+156% | |
| 244.2M+0% | 218.6M+5% | 229.5M+1% | 245M+1% | 245.3M+1% | 237.6M+9% | 231.2M+1% | 234.4M−4% | 234.8M−4% | 232.3M−2% | 232.4M+1% | 244M+4% |
EPS, diluted: 13 periods, Q4 FY12 to Q4 FY25: quarter's net income to common over its shares, to the cent.
Diluted shares: 4 periods, Q1 FY10 to Q1 FY23: not printed by the filing, worked out from its own lines. 13 periods, Q4 FY10 to Q4 FY25: a loss quarter: its basic count, share-days: the 12-month average less the 9-month, weighted by days. 3 periods, Q4 FY22 to Q4 FY24: share-days: the 12-month average less the 9-month, weighted by days.
From each company's 10-Q and 10-K filings, the newest version of each figure. Quarters are as filed (a fourth quarter is the year less its first nine months), fiscal years as the 10-K prints them, restated where a later 10-K restated them, and balance sheet lines as of the period's end. A quarter whose 10-Q isn't filed yet is from the company's results release. Growth is on the same period a year earlier. A dash is a period with no figure for the line: the filing doesn't print it, or it hasn't been read yet.
Estimates
Next earnings report: .
| Quarter | Revenue | Range | EPS | Range | Analysts |
|---|---|---|---|---|---|
| Q3 FY26 | $9.6B | $9.5B to $9.8B | $1.51 | $1.37 to $1.67 | 10 |
| Q4 FY26 | $7.1B | $6.9B to $7.3B | −$1.11 | −$1.55 to −$0.68 | 9 |
| Q1 FY27 | $4.1B | $4B to $4.3B | −$0.16 | −$0.17 to −$0.15 | 6 |
| Q2 FY27 | $8.3B | $8.1B to $8.6B | $0.89 | $0.86 to $0.93 | 3 |
| Q3 FY27 | $10.6B | $10.3B to $11B | $1.85 | $1.77 to $1.94 | 3 |
| Q4 FY27 | $7.7B | $7.4B to $8B | −$1.31 | −$1.37 to −$1.26 | 6 |
| Q1 FY28 | $4.5B | $4.4B to $4.7B | −$0.16 | −$0.16 to −$0.15 | 8 |
| Q2 FY28 | $8.9B | $8.6B to $9.2B | $0.78 | $0.75 to $0.82 | 4 |
Peers
Companies in Entertainment nearest Live Nation Entertainment's size, closest first.
| Company | Market cap | PE | Its 10y median PE | Fwd PE | P/S | Revenue growth | Net margin |
|---|---|---|---|---|---|---|---|
| LYVLive Nation Entertainment | $40.9B | n/m | 92.2× | 149× | 1.6× | +11% | 0.5% |
| TKOTKO | $32.8B | 60.7× | 81.4× | n/m | 6.2× | +5% | 4.3% |
| FOXAFox | $27.9B | 17.3× | 13.7× | 11.2× | 1.6× | +5% | 9.8% |
| ROKURoku | $23.5B | 67.8× | 101× | 48.7× | 4.5× | +19% | 6.8% |
| FWONKLiberty Media | $22.4B | n/m | 20.6× | 42.0× | 5.2× | +12% | 9.4% |
| WMGWarner Music | $16.1B | 17.2× | 22.8× | n/m | 2.2× | +13% | 9.2% |
| DISWalt Disney | $194.3B | 23.2× | 21.6× | 14.9× | 2.0× | +5% | 8.7% |
| NFLXNetflix | $274.2B | 19.0× | 59.0× | 18.3× | 5.5× | +15% | 29.7% |
| CHDNChurchill Downs | $5.8B | 14.4× | 22.6× | n/m | 2.0× | +6% | 13.8% |
| MTNVail Resorts | $5.2B | 35.4× | 32.2× | n/m | 1.8× | −4% | 5.2% |
| NXSTNexstar Media | $5.2B | 32.2× | 10.8× | n/m | 0.9× | +11% | 3.2% |
| Peer median | $23B | 23.2× | 22.7× | 18.3× | 2.1× | +8% | 8.9% |
Investors who own it
Investors we follow who held Live Nation Entertainment at the end of Jun 30, 2026, from their 13F filings.
- Dan LoebThird Point4.5% of portfolioadded
- ValueAct CapitalValueAct Capital1.0% of portfoliotrimmed
- Ron BaronBaron Capital0.1% of portfolioadded
- Reinhart PartnersReinhart Partners0.1% of portfoliotrimmed
More on Live Nation Entertainment
Each number over time
- PE ratio
- Forward PE
- Price to sales ratio
- EV/EBIT
- Price to free cash flow
- Price to book ratio
- Market cap
- Revenue
- EPS
- Free cash flow
- Profit margin
- Shares outstanding
Where it ranks
Its groups
About
- Industry
- Entertainment
- Sector
- Communication Services
Valuation data, not investment advice. Prices as of .