Stocks · Consumer discretionary · Services-Amusement & Recreation Services

Live Nation Entertainment

LYV Clue Score46
United States Fiscal year ends December CIK 0001335258
$170.33 -0.59% Close, 9 Oct 2026
Price $170.33 +73.74% Close, 9 Oct 2026

Closing prices at the end of each trading day, from 12 Oct 2016. Not a live quote. Adjusted for share splits, so the line has no step at a split; dividends are not added back. P/E and P/FCF are the market value over the last full fiscal year's net income or free cash flow, as public on each day, so they step once a year when the annual report comes out. A hatched band marks a stretch with none: a year of net loss, or of cash burnt.

Revenue and profit

What the business sells, and what is left of it. Point at a year for the detail.
RevenueOperating incomeNet income
Fiscal year 2016Revenue7.83Operating income0.19Net income0.00Fiscal year 2017Revenue9.69 +23.8%Operating income0.09Net income−0.01 −304.5%Fiscal year 2018Revenue10.79 +11.4%Operating income0.27Net income0.06Fiscal year 2019Revenue11.55 +7.0%Operating income0.32Net income0.07 +16.0%Fiscal year 2020Revenue1.86 −83.9%Operating income−1.65Net income−1.72 −2,567.5%EPS, diluted−8.12Fiscal year 2021Revenue6.27 +236.8%Operating income−0.42Net income−0.65EPS, diluted−3.09Fiscal year 2022Revenue16.68 +166.1%Operating income0.72Net income0.27EPS, diluted0.52Fiscal year 2023Revenue22.73 +36.2%Operating income1.08Net income0.56 +109.0%EPS, diluted1.34 +157.7%Fiscal year 2024Revenue23.16 +1.9%Operating income0.82Net income0.90 +60.9%EPS, diluted2.74 +104.5%Fiscal year 2025Revenue25.20 +8.8%Operating income1.25Net income0.50 −44.7%EPS, diluted−0.24 −108.8%
FY2016FY2017FY2018FY2019FY2020FY2021FY2022FY2023FY2024FY2025
Revenue 7.83 9.69 10.79 11.55 1.86 6.27 16.68 22.73 23.16 25.20
Growth +23.8% +11.4% +7.0% −83.9% +236.8% +166.1% +36.2% +1.9% +8.8%
Operating income 0.19 0.09 0.27 0.32 −1.65 −0.42 0.72 1.08 0.82 1.25
Net income 0.00 −0.01 0.06 0.07 −1.72 −0.65 0.27 0.56 0.90 0.50
Growth −304.5% +16.0% −2,567.5% +109.0% +60.9% −44.7%
EPS, diluted n/a n/a n/a n/a −8.12 −3.09 0.52 1.34 2.74 −0.24
Growth +157.7% +104.5% −108.8%

Margins

How much of each dollar of revenue it keeps. Point at a year for the detail.
Operating marginNet margin
Fiscal year 2016Operating margin2.5%Net margin0.0%Free cash flow margin5.4%Fiscal year 2017Operating margin0.9%Net margin−0.1%Free cash flow margin4.0%Fiscal year 2018Operating margin2.5%Net margin0.6%Free cash flow margin6.5%Fiscal year 2019Operating margin2.8%Net margin0.6%Free cash flow margin1.3%Fiscal year 2020Operating margin−88.8%Net margin−92.7%Free cash flow margin−69.7%Fiscal year 2021Operating margin−6.7%Net margin−10.4%Free cash flow margin26.0%Fiscal year 2022Operating margin4.3%Net margin1.6%Free cash flow margin8.9%Fiscal year 2023Operating margin4.8%Net margin2.5%Free cash flow margin4.1%Fiscal year 2024Operating margin3.6%Net margin3.9%Free cash flow margin4.7%Fiscal year 2025Operating margin5.0%Net margin2.0%Free cash flow margin1.3%
FY2016FY2017FY2018FY2019FY2020FY2021FY2022FY2023FY2024FY2025
Operating margin 2.5% 0.9% 2.5% 2.8% −88.8% −6.7% 4.3% 4.8% 3.6% 5.0%
Net margin 0.0% −0.1% 0.6% 0.6% −92.7% −10.4% 1.6% 2.5% 3.9% 2.0%
Free cash flow margin 5.4% 4.0% 6.5% 1.3% −69.7% 26.0% 8.9% 4.1% 4.7% 1.3%

Cash flow

The cash the business makes, what it reinvests, and what it hands back. Point at a year for the detail.
Operating cash flowCapital expenditureFree cash flow
Fiscal year 2016Operating cash flow0.60Capital expenditure−0.17Free cash flow0.42Fiscal year 2017Operating cash flow0.62Capital expenditure−0.24Free cash flow0.39 −9.4%Fiscal year 2018Operating cash flow0.94Capital expenditure−0.24Free cash flow0.70 +82.2%Fiscal year 2019Operating cash flow0.47Capital expenditure−0.32Free cash flow0.15 −79.2%Fiscal year 2020Operating cash flow−1.08Capital expenditure−0.21Free cash flow−1.30 −987.1%Fiscal year 2021Operating cash flow1.78Capital expenditure−0.15Free cash flow1.63Fiscal year 2022Operating cash flow1.84Capital expenditure−0.35Free cash flow1.49 −8.6%Fiscal year 2023Operating cash flow1.36Capital expenditure−0.44Free cash flow0.92 −37.9%Buybacks0.00Fiscal year 2024Operating cash flow1.73Capital expenditure−0.65Free cash flow1.08 +16.7%Buybacks0.00Fiscal year 2025Operating cash flow1.40Capital expenditure−1.06Free cash flow0.33 −69.1%Buybacks−0.02
FY2016FY2017FY2018FY2019FY2020FY2021FY2022FY2023FY2024FY2025
Operating cash flow 0.60 0.62 0.94 0.47 −1.08 1.78 1.84 1.36 1.73 1.40
Capital expenditure −0.17 −0.24 −0.24 −0.32 −0.21 −0.15 −0.35 −0.44 −0.65 −1.06
Free cash flow 0.42 0.39 0.70 0.15 −1.30 1.63 1.49 0.92 1.08 0.33
Growth −9.4% +82.2% −79.2% −987.1% −8.6% −37.9% +16.7% −69.1%
Buybacks n/a n/a n/a n/a n/a n/a n/a 0.00 0.00 −0.02

Balance sheet

What it holds against what it owes, at each year end. Point at a year for the detail.
Cash
Fiscal year 2016Cash1.53Shareholders’ equity1.13Fiscal year 2017Cash1.83Shareholders’ equity1.18Fiscal year 2018Cash2.37Shareholders’ equity1.10Fiscal year 2019Cash2.47Shareholders’ equity1.15Fiscal year 2020Cash2.54Shareholders’ equity−0.47Fiscal year 2021Cash4.88Shareholders’ equity−0.58Fiscal year 2022Cash5.61Shareholders’ equity−0.37Fiscal year 2023Cash6.23Shareholders’ equity−0.05Fiscal year 2024Cash6.10Shareholders’ equity0.17Fiscal year 2025Cash7.09Shareholders’ equity0.27
FY2016FY2017FY2018FY2019FY2020FY2021FY2022FY2023FY2024FY2025
Cash 1.53 1.83 2.37 2.47 2.54 4.88 5.61 6.23 6.10 7.09
Shareholders’ equity 1.13 1.18 1.10 1.15 −0.47 −0.58 −0.37 −0.05 0.17 0.27

In billions of USD, except per-share figures and ratios. Fiscal years, as last filed with the SEC.

Financial statements FY2025 · 10-K

Income statement

In billions of USD, except per-share figures; shares in millions. Fiscal years ending December, each column as last filed with the SEC.
Click a line to chart it
Fiscal year FY2016 31 Dec 2016 FY2017 31 Dec 2017 FY2018 31 Dec 2018 FY2019 31 Dec 2019 FY2020 31 Dec 2020 FY2021 31 Dec 2021 FY2022 31 Dec 2022 FY2023 31 Dec 2023 FY2024 31 Dec 2024 FY2025 31 Dec 2025
Revenue and profit
7.83 9.69 10.79 11.55 1.86 6.27 16.68 22.73 23.16 25.20
Growth +23.8% +11.4% +7.0% −83.9% +236.8% +166.1% +36.2% +1.9% +8.8%
1.55 1.91 2.00 2.15 1.52 1.75 2.96 3.52 4.04 4.09
0.19 0.09 0.27 0.32 −1.65 −0.42 0.72 1.08 0.82 1.25
Growth −53.1% +198.2% +19.2% −608.9% +50.3% −24.0% +51.8%
0.05 −0.01 0.13 0.19 −1.86 −0.61 0.49 0.91 0.74 1.03
0.03 −0.02 0.04 0.07 −0.03 −0.00 0.12 0.21 −0.39 0.34
0.00 −0.01 0.06 0.07 −1.72 −0.65 0.27 0.56 0.90 0.50
Growth −304.5% +16.0% −2,567.5% +109.0% +60.9% −44.7%
Per share
n/a n/a n/a n/a −8.12 −3.09 0.53 1.35 2.77 −0.24
n/a n/a n/a n/a −8.12 −3.09 0.52 1.34 2.74 −0.24
Growth +157.7% +104.5% −108.8%
n/a n/a n/a n/a 212.3 217.2 224.8 228.6 230.1 231.8
n/a n/a n/a n/a 212.3 217.2 231.6 231.0 236.4 231.8
Growth +2.3% +6.6% −0.3% +2.3% −1.9%

Five years in brief

Worked out from the figures above, not from a press release
  • Revenue grew 68.4% a year over five years.
  • The diluted share count rose 9.2% in five years, which is dilution.
  • Operating margin is up 93.8 points on five years ago, at 5.0%.
  • A net loss in 3 of 10 years on file.