(LYV) Live Nation Entertainment - NYSE
Sector: Communication Services | Industry: Entertainment | Exchange: NYSE (USA) | Market Cap: 39.903m USD | Total Return: 19.8% in 12m
Avg Turnover: 404M
Qual. Beats: 0
Rev. Trend: 84.4%
Qual. Beats: 0
Warnings
Altman Z'' -0.39 < 1.0 - financial distress zone
Tailwinds
No distinct edge detected
Live Nation Entertainment, Inc. (NYSE: LYV) is a vertically integrated live entertainment company that operates globally through three segments: Concerts, Ticketing, and Sponsorship & Advertising. The Concerts segment promotes live music events in owned, operated, and rented third-party venues, produces music festivals, and provides artist management and related services. The Ticketing segment runs a marketplace and provides ticketing software to venues, sports teams, and other clients, operating consumer-facing platforms such as livenation.com and ticketmaster.com, while also offering ticket resale services. The Sponsorship & Advertising segment monetizes the companys venue and event footprint through sponsorships, signage, online and live-streaming advertising, and custom branded programs.
The business model spans the full live-event value chain-promotion, venue operation, ticketing, and advertising-giving LYV multiple revenue streams tied to live event attendance and brand demand. LYV sits within the Communication Services sector (Movies & Entertainment sub-industry), a category that has historically exhibited cyclical demand tied to discretionary consumer spending on experiences. The company was incorporated in 2005, is headquartered in Beverly Hills, California, and adopted its current name in January 2010.
- DOJ antitrust lawsuit targets Ticketmaster market dominance
- Concert revenue surges on strong live event demand
- Ticketing fees face increased regulatory and consumer scrutiny
| Net Income: 83.7m TTM > 0 and > 6% of Revenue |
| FCF/TA: 0.05 > 0.02 and ΔFCF/TA -1.39 > 1.0 |
| NWC/Revenue: -6.93% < 20% (prev -1.97%; Δ -4.96% < -1%) |
| CFO/TA 0.09 > 3% & CFO 2.41b > Net Income 83.7m |
| Net Debt (3.58b) to EBITDA (1.59b): 2.25 < 3 |
| Current Ratio: 0.88 > 1.5 & < 3 |
| Outstanding Shares: last quarter (232.4m) vs 12m ago 0.51% < -2% |
| Gross Margin: 44.74% > 18% (prev 25.54%; Δ 19.21% > 0.5%) |
| Asset Turnover: 107.0% > 50% (prev 104.2%; Δ 2.78% > 0%) |
| Interest Coverage Ratio: 2.69 > 6 (EBIT TTM 878.6m / Interest Expense TTM 326.2m) |
| A: -0.07 (Total Current Assets 13.6b - Total Current Liabilities 15.4b) / Total Assets 26.1b |
| B: -0.05 (Retained Earnings -1.43b / Total Assets 26.1b) |
| C: 0.04 (EBIT TTM 878.6m / Avg Total Assets 23.9b) |
| D: -0.01 (Book Value of Equity -139.4m / Total Liabilities 24.6b) |
| Altman-Z'' = -0.39 = B |
| DSRI: 0.94 (Receivables 1.97b/1.85b, Revenue 25.6b/22.7b) |
| GMI: 0.57 (GM 25.54% / 44.74%) |
| AQI: 0.90 (AQ_t 0.26 / AQ_t-1 0.29) |
| SGI: 1.13 (Revenue 25.6b / 22.7b) |
| TATA: -0.09 (NI 83.7m - CFO 2.41b) / TA 26.1b) |
| Beneish M = -3.44 (Cap -4..+1) = AA |
As of June 26, 2026, the stock is trading at USD 175.11 with a total of 2,339,904 shares traded. Over the past week, the price has changed by +2.09%, over one month by +5.16%, over three months by +13.03% and over the past year by +19.78%.
Current recommended Stop Loss: 164.30 (which is 6.2% or 2.3 ATR below the current price).
Live Nation Entertainment has received a consensus analysts rating of 4.39. Therefore, it is recommended to buy LYV.
- StrongBuy: 15
- Buy: 4
- Hold: 3
- Sell: 0
- StrongSell: 1
| Analysts Target Price | 185.4 | 5.9% |
P/E Forward = 454.5455
P/S = 1.558
P/B = 136.7159
P/EG = 16.4338
Revenue TTM = 25.6b USD
EBIT TTM = 878.6m USD
EBITDA TTM = 1.59b USD
Long Term Debt = 6.71b USD (from longTermDebt, last quarter)
Short Term Debt = 1.80b USD (from shortTermDebt, last quarter)
Debt = 12.7b USD (from shortLongTermDebtTotal, last quarter) + Leases 2.07b
Net Debt = 3.58b USD (calculated: Debt 12.7b - CCE 9.08b)
Enterprise Value = 43.5b USD (39.9b + Debt 12.7b - CCE 9.08b)
Interest Coverage Ratio = 2.69 (Ebit TTM 878.6m / Interest Expense TTM 326.2m)
EV/FCF = 35.24x (Enterprise Value 43.5b / FCF TTM 1.23b)
FCF Yield = 2.84% (FCF TTM 1.23b / Enterprise Value 43.5b)
FCF Margin = 4.82% (FCF TTM 1.23b / Revenue TTM 25.6b)
Net Margin = 0.33% (Net Income TTM 83.7m / Revenue TTM 25.6b)
Gross Margin = 44.74% ((Revenue TTM 25.6b - Cost of Revenue TTM 14.2b) / Revenue TTM)
Gross Margin QoQ = 30.19% (prev 20.41%)
Tobins Q-Ratio = 1.67 (Enterprise Value 43.5b / Total Assets 26.1b)
Interest Expense / Debt = 2.58% (Interest Expense 326.2m / Debt 12.7b)
Taxrate = 32.97% (339.8m / 1.03b)
NOPAT = 588.9m (EBIT 878.6m * (1 - 32.97%))
Current Ratio = 0.88 (Total Current Assets 13.6b / Total Current Liabilities 15.4b)
Debt / Equity = -90.79 (negative equity) (Debt 12.7b / totalStockholderEquity, last quarter -139.4m)
Debt / EBITDA = 2.25 (Net Debt 3.58b / EBITDA 1.59b)
Debt / FCF = 2.90 (Net Debt 3.58b / FCF TTM 1.23b)
Total Stockholder Equity = 1.49b (last 4 quarters mean from totalStockholderEquity)
RoA = 0.35% (Net Income 83.7m / Total Assets 26.1b)
RoE = 5.61% (Net Income TTM 83.7m / Total Stockholder Equity 1.49b)
RoCE = 10.71% (EBIT 878.6m / Capital Employed (Equity 1.49b + L.T.Debt 6.71b))
RoIC = 5.27% (NOPAT 588.9m / Invested Capital 11.2b)
WACC = 7.67% (E(39.9b)/V(52.6b) * Re(9.55%) + D(12.7b)/V(52.6b) * Rd(2.58%) * (1-Tc(0.33)))
Discount Rate = 9.55% (= CAPM, Blume Beta Adj.)
Shares (quarterly) Correlation: -2.22 | Cagr: -0.17%
[DCF] Terminal Value 74.33% ; FCFF base≈1.27b ; Y1≈1.20b ; Y5≈1.11b
[DCF] Fair Price = 59.94 (EV 17.5b - Net Debt 3.58b = Equity 13.9b / Shares 232.7m; r=8.35% [WACC [floored]]; 5y FCF grow -7.69% → 2.50% )
EPS Correlation: N/A | EPS CAGR: N/A | SUE: 0.51 | # QB: 0
Revenue Correlation: 84.38 | Revenue CAGR: 7.51% | SUE: 0.84 | # QB: 0
EPS current Quarter (2026-06-30): EPS=0.56 | Chg30d=-40.67% | Revisions=-75% | Analysts=12
EPS next Quarter (2026-09-30): EPS=1.78 | Chg30d=+0.80% | Revisions=+0% | Analysts=12
EPS current Year (2026-12-31): EPS=-0.57 | Chg30d=+6.19% | Revisions=-69% | GrowthEPS=-138.8% | GrowthRev=+10.2%
EPS next Year (2027-12-31): EPS=2.19 | Chg30d=+3.10% | Revisions=-26% | GrowthEPS=+482.0% | GrowthRev=+9.2%
[Analyst] Revisions Ratio: -75%