Superworth

Live Nation Entertainment LYV

Entertainment, Communication Services
$173.44
−0.61%
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 for LYV, by quarter
Income statementQ3 FY23Q4 FY23Q1 FY24Q2 FY24Q3 FY24Q4 FY24Q1 FY25Q2 FY25Q3 FY25Q4 FY25Q1 FY26Q2 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: .

QuarterRevenueRangeEPSRangeAnalysts
Q3 FY26$9.6B$9.5B to $9.8B$1.51$1.37 to $1.6710
Q4 FY26$7.1B$6.9B to $7.3B−$1.11−$1.55 to −$0.689
Q1 FY27$4.1B$4B to $4.3B−$0.16−$0.17 to −$0.156
Q2 FY27$8.3B$8.1B to $8.6B$0.89$0.86 to $0.933
Q3 FY27$10.6B$10.3B to $11B$1.85$1.77 to $1.943
Q4 FY27$7.7B$7.4B to $8B−$1.31−$1.37 to −$1.266
Q1 FY28$4.5B$4.4B to $4.7B−$0.16−$0.16 to −$0.158
Q2 FY28$8.9B$8.6B to $9.2B$0.78$0.75 to $0.824

Peers

Companies in Entertainment nearest Live Nation Entertainment's size, closest first.

CompanyMarket capPEIts 10y median PEFwd PEP/SRevenue growthNet margin
LYVLive Nation Entertainment$40.9Bn/m92.2×149×1.6×+11%0.5%
TKOTKO$32.8B60.7×81.4×n/m6.2×+5%4.3%
FOXAFox$27.9B17.3×13.7×11.2×1.6×+5%9.8%
ROKURoku$23.5B67.8×101×48.7×4.5×+19%6.8%
FWONKLiberty Media$22.4Bn/m20.6×42.0×5.2×+12%9.4%
WMGWarner Music$16.1B17.2×22.8×n/m2.2×+13%9.2%
DISWalt Disney$194.3B23.2×21.6×14.9×2.0×+5%8.7%
NFLXNetflix$274.2B19.0×59.0×18.3×5.5×+15%29.7%
CHDNChurchill Downs$5.8B14.4×22.6×n/m2.0×+6%13.8%
MTNVail Resorts$5.2B35.4×32.2×n/m1.8×−4%5.2%
NXSTNexstar Media$5.2B32.2×10.8×n/m0.9×+11%3.2%
Peer median$23B23.2×22.7×18.3×2.1×+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.

More on Live Nation Entertainment

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Where it ranks

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About

Industry
Entertainment
Sector
Communication Services

Valuation data, not investment advice. Prices as of .