LIVE NATION ENTERTAINMENT, INC. financials
Source: EDGAR filings · Built 2026-06-02T03:30:01Z
Key metrics by reporting period
Up to six most-recent periods side-by-side. Rows are the curated key lines — revenue, margins, cash, debt, equity, cash-flow totals, plus the derived and valuation metrics we compute on top. For every tag a filer reported in one period, use the single-filing drilldown below.
Derived Metrics
| Concept | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 |
|---|---|---|---|---|---|---|
| Free Cash Flow | 333.61M | 1.08B | 924.37M | 1.49B | 1.63B | -1.30B |
| EBITDA | 1.89B | 1.37B | 1.60B | 1.17B | -1.58M | -1.17B |
| Working Capital | -54.46M | -68.14M | -451.08M | -143.79M | -171.63M | -146.80M |
| Net Debt | 3.31B | 2.18B | 2.21B | 2.09B | 2.58B | 3.92B |
| Operating Margin | 4.96% | 3.56% | 4.77% | 4.33% | -6.67% | -88.83% |
| Net Margin | 1.97% | 3.87% | 2.45% | 1.60% | -10.38% | -92.66% |
| Return on Equity (ROE) | 183.01% | 517.30% | -1064.70% | -72.49% | 111.71% | 365.54% |
| Return on Assets (ROA) | 2.16% | 4.56% | 2.93% | 1.62% | -4.52% | -16.29% |
| Current Ratio | 1.00× | 0.99× | 0.95× | 0.98× | 0.97× | 0.96× |
| Debt-to-Equity | 38.39× | 47.74× | -161.32× | -20.94× | -12.80× | -13.70× |
| Effective Tax Rate | 32.97% | -52.97% | 22.94% | 23.64% | 0.41% | 1.56% |
| Cash Conversion Ratio | 2.81× | 1.92× | 2.45× | 6.89× | -2.74× | 0.63× |
| Accruals Ratio | -0.04× | -0.04× | -0.04× | -0.10× | -0.17× | -0.06× |
| SBC % of Revenue | 0.62% | 0.48% | 0.51% | 0.66% | 3.34% | 6.28% |
| CapEx Coverage | 1.31× | 2.67× | 3.11× | 5.29× | 11.66× | -5.07× |
| Free Cash Flow Per Share | $1.44 | $4.56 | $4.00 | $6.43 | $7.49 | $-6.11 |
Valuation Metrics
| Concept | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 |
|---|---|---|---|---|---|---|
| P/E Trailing (Diluted) | — | 47.26× | 69.85× | 134.12× | — | — |
| P/FCF | 99.03× | 28.38× | 23.39× | 10.85× | 15.97× | — |
| FCF Yield | 1.01% | 3.52% | 4.28% | 9.21% | 6.26% | — |
| EV / EBITDA | 19.50× | 23.67× | 15.01× | 15.55× | — | — |
| P/S | 1.33× | 1.31× | 0.96× | 0.97× | 4.29× | 8.61× |
| P/B | 123.79× | 175.17× | — | — | — | — |
Income Statement
| Concept | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 |
|---|---|---|---|---|---|---|
| Revenues | 25.20B | 23.16B | 22.73B | 16.68B | 6.27B | 1.86B |
| Selling, General and Administrative Expense | 4.09B | 4.04B | 3.52B | 2.96B | 1.75B | 1.52B |
| Operating Income (Loss) | 1.25B | 824.51M | 1.08B | 722.03M | -417.86M | -1.65B |
| Income Tax Expense (Benefit) | 339.79M | -391.70M | 209.48M | 115.94M | -2.48M | -28.88M |
| Net Income (Loss) Attributable to Parent | 495.97M | 896.29M | 556.89M | 266.44M | -650.90M | -1.72B |
| Earnings Per Share, Basic | $-0.24 | $2.77 | $1.35 | $0.53 | $-3.09 | $-8.12 |
| Weighted Average Number of Shares Outstanding, Basic | 231.84M | 230.12M | 228.63M | 224.81M | 217.19M | 212.27M |
| Earnings Per Share, Diluted | $-0.24 | $2.74 | $1.34 | $0.52 | $-3.09 | $-8.12 |
| Weighted Average Number of Shares Outstanding, Diluted | 231.84M | 236.35M | 230.98M | 231.56M | 217.19M | 212.27M |
Balance Sheet
| Concept | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 |
|---|---|---|---|---|---|---|
| Cash and Cash Equivalents, at Carrying Value | 7.09B | 6.10B | 6.23B | 5.61B | 4.88B | 2.54B |
| Assets, Current | 10.97B | 9.29B | 9.53B | 8.16B | 6.68B | 3.65B |
| Assets | 22.91B | 19.64B | 19.03B | 16.46B | 14.40B | 10.59B |
| Liabilities, Current | 11.03B | 9.36B | 9.98B | 8.30B | 6.86B | 3.80B |
| Stockholders' Equity Attributable to Parent | 271.01M | 173.26M | -52.30M | -367.57M | -582.65M | -471.77M |
| Common Stock, Shares, Outstanding | 235.42M | 234.36M | 233.30M | 231.26M | 224.67M | 218.02M |
Cash Flow Statement
| Concept | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 |
|---|---|---|---|---|---|---|
| Net Cash Provided by (Used in) Operating Activities | 1.40B | 1.73B | 1.36B | 1.84B | 1.78B | -1.08B |
| Payments to Acquire Property, Plant, and Equipment | 1.06B | 646.63M | 438.60M | 347.21M | 152.73M | 213.75M |
| Net Cash Provided by (Used in) Investing Activities | -1.23B | -854.28M | -695.80M | -784.69M | -566.96M | -224.06M |
| Payments for Repurchase of Common Stock | 23.53M | 0 | 0 | — | — | — |
| Net Cash Provided by (Used in) Financing Activities | 406.51M | -658.55M | -87.28M | -143.34M | 1.17B | 1.35B |
Derived Metrics
| Concept | Q1 2026 | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 | Q4 2024 |
|---|---|---|---|---|---|---|
| Free Cash Flow | 2.03B | -405.64M | 739.25M | 1.11B | 1.15B | 890.24M |
| EBITDA | -201.22M | 22.14M | 958.05M | 645.68M | 264.22M | -96.84M |
| Working Capital | -1.78B | -54.46M | -967.75M | -1.64B | -448.40M | -68.14M |
| Net Debt | 1.51B | 3.31B | 2.64B | 1.36B | 1.14B | 2.18B |
| Operating Margin | -9.77% | -2.26% | 9.32% | 6.95% | 3.39% | -4.21% |
| Net Margin | -10.26% | -3.20% | 5.08% | 3.47% | 0.69% | 3.54% |
| Return on Equity (ROE) | 279.12% | -74.57% | 82.76% | 67.60% | 21.89% | 116.00% |
| Return on Assets (ROA) | -1.49% | -0.88% | 1.89% | 1.05% | 0.11% | 1.02% |
| Current Ratio | 0.88× | 1.00× | 0.92× | 0.88× | 0.96× | 0.99× |
| Debt-to-Equity | -75.92× | 38.39× | 18.01× | 23.38× | 78.25× | 47.74× |
| Effective Tax Rate | 7.79% | 26.61% | 34.51% | 27.98% | 29.86% | 193.60% |
| Cash Conversion Ratio | -6.01× | 0.27× | 3.36× | 6.35× | 56.94× | 5.20× |
| Accruals Ratio | -0.10× | -0.01× | -0.04× | -0.06× | -0.06× | -0.04× |
| SBC % of Revenue | 0.86% | 0.45% | 0.48% | 0.88% | 0.73% | 0.44% |
| CapEx Coverage | 7.57× | -0.15× | 2.04× | 3.56× | 7.74× | 6.75× |
| Free Cash Flow Per Share | $8.73 | $-1.75 | $3.15 | $4.74 | $4.98 | $3.77 |
Valuation Metrics
| Concept | Q1 2026 | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 | Q4 2024 |
|---|---|---|---|---|---|---|
| P/E Trailing (Diluted) | — | — | 118.41× | 65.49× | 44.57× | 48.14× |
| EV / EBITDA | 26.27× | 19.50× | 23.15× | 23.17× | 20.49× | 23.67× |
| P/S | 1.40× | 1.33× | 1.56× | 1.50× | 1.34× | 1.31× |
| P/B | — | 123.79× | 73.57× | 98.51× | 288.39× | 175.17× |
Income Statement
| Concept | Q1 2026 | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 | Q4 2024 |
|---|---|---|---|---|---|---|
| Revenues | 3.79B | 6.31B | 8.50B | 7.01B | 3.38B | 5.68B |
| Selling, General and Administrative Expense | 961.52M | 1.30B | 1.01B | 1.00B | 778.92M | 1.13B |
| Operating Income (Loss) | -370.52M | -142.66M | 792.45M | 486.65M | 114.77M | -239.44M |
| Income Tax Expense (Benefit) | -32.09M | -49.41M | 251.84M | 117.64M | 19.71M | -583.11M |
| Net Income (Loss) Attributable to Parent | -389.10M | -202.10M | 431.46M | 243.41M | 23.20M | 200.99M |
| Earnings Per Share, Basic | $-1.85 | $-1.07 | $0.74 | $0.41 | $-0.32 | $0.56 |
| Weighted Average Number of Shares Outstanding, Basic | 232.40M | 231.84M | 232.04M | 231.85M | 231.22M | 230.12M |
| Earnings Per Share, Diluted | $-1.85 | $-1.06 | $0.73 | $0.41 | $-0.32 | $0.56 |
| Weighted Average Number of Shares Outstanding, Diluted | 232.40M | 231.84M | 234.75M | 234.42M | 231.22M | 236.35M |
Balance Sheet
| Concept | Q1 2026 | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 | Q4 2024 |
|---|---|---|---|---|---|---|
| Cash and Cash Equivalents, at Carrying Value | 9.08B | 7.09B | 6.75B | 7.06B | 7.16B | 6.10B |
| Assets, Current | 13.64B | 10.97B | 11.31B | 11.82B | 11.07B | 9.29B |
| Assets | 26.07B | 22.91B | 22.89B | 23.15B | 21.83B | 19.64B |
| Liabilities, Current | 15.42B | 11.03B | 12.28B | 13.46B | 11.52B | 9.36B |
| Stockholders' Equity Attributable to Parent | -139.40M | 271.01M | 521.34M | 360.07M | 106.00M | 173.26M |
| Common Stock, Shares, Outstanding | — | 235.42M | — | — | — | 234.36M |
Cash Flow Statement
| Concept | Q1 2026 | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 | Q4 2024 |
|---|---|---|---|---|---|---|
| Net Cash Provided by (Used in) Operating Activities | 2.34B | -53.73M | 1.45B | 1.54B | 1.32B | 1.05B |
| Payments to Acquire Property, Plant, and Equipment | 308.98M | 351.91M | 709.80M | 434.21M | 170.79M | 154.88M |
| Net Cash Provided by (Used in) Investing Activities | -417.74M | -393.68M | -832.77M | -492.43M | -217.40M | -211.48M |
| Net Cash Provided by (Used in) Financing Activities | 117.48M | 729.29M | -322.78M | -498.45M | -173.19M | 33.91M |
Raw XBRL tagging for a single filing
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Methodology
All facts on this page come straight from SEC EDGAR XBRL
company-facts filings (LYV CIK 0001335258),
grouped by financial statement using FASB's base
us-gaap presentation taxonomy. Filers may re-parent
concepts onto different statements in their own extension
taxonomy, so a handful of rows can show up under a different
statement than on the actual 10-K / 10-Q; custom concepts and
any we couldn't map fall into Other. Hover a
cell to see the fully-qualified concept name and the filer's
description.
For the full methodology — statement grouping, the Other bucket, derived metrics, and fact tooltips — see the methodology reference for the statement grouping, the "Other" bucket, derived metrics, and fact tooltips.