(LYV) Live Nation Entertainment - Overview
Sector: Communication Services | Industry: Entertainment | Exchange: NYSE (USA) | Market Cap: 39.191m USD | Total Return: 20.2% in 12m
Avg Turnover: 377M
Qual. Beats: 0
Rev. Trend: 84.4%
Qual. Beats: 0
Warnings
Altman Z'' -0.25 < 1.0 - financial distress zone
Below Avwap Earnings
Tailwinds
No distinct edge detected
Live Nation Entertainment (LYV) is a global leader in the live music industry, operating through three primary segments: Concerts, Ticketing, and Sponsorship & Advertising. The company produces music festivals, manages venues, and provides artist management services while facilitating ticket sales and resales through platforms like Ticketmaster and livenation.com. Its business model relies on a vertically integrated structure that captures revenue from the initial event promotion through to the final ticket sale and onsite advertising.
The company operates in the Movies & Entertainment GICS sub-industry, where it maintains a dominant market position by securing exclusive long-term contracts with major stadiums and professional sports leagues. Unlike traditional media firms, Live Nation’s profitability is heavily tied to high-margin sponsorship deals and service fees generated from localized event attendance. For a deeper look into the companys financial health, consider exploring the detailed metrics available on ValueRay.
Headquartered in Beverly Hills, California, the firm serves a diverse client base ranging from individual artists to museums and theaters. By controlling both the distribution software and the physical venues, Live Nation creates a self-reinforcing ecosystem that leverages live content to drive high-volume digital traffic for its advertising partners.
- DOJ antitrust lawsuit seeking breakup poses significant structural and operational risk
- Global fan demand for stadium tours drives high-margin ticketing and concert revenue
- Sponsorship and advertising growth expands margins through high-value brand partnership deals
- Ancillary venue spending per fan increases profitability across owned and operated locations
- High interest rates and inflation threaten consumer discretionary spending on premium live events
| 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 (2.05b): 1.74 < 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: 4.12 > 6 (EBIT TTM 1.34b / 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: 0.06 (EBIT TTM 1.34b / Avg Total Assets 23.9b) |
| D: -0.01 (Book Value of Equity -139.4m / Total Liabilities 24.6b) |
| Altman-Z'' = -0.25 = 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 04, 2026, the stock is trading at USD 164.25 with a total of 1,669,755 shares traded.
Over the past week, the price has changed by -1.39%,
over one month by +4.23%,
over three months by +1.35% and
over the past year by +20.21%.
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 | 184.8 | 12.5% |
P/E Forward = 454.5455
P/S = 1.5302
P/B = 136.7159
P/EG = 16.1405
Revenue TTM = 25.6b USD
EBIT TTM = 1.34b USD
EBITDA TTM = 2.05b 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 = 42.8b USD (39.2b + Debt 12.7b - CCE 9.08b)
Interest Coverage Ratio = 4.12 (Ebit TTM 1.34b / Interest Expense TTM 326.2m)
EV/FCF = 34.66x (Enterprise Value 42.8b / FCF TTM 1.23b)
FCF Yield = 2.88% (FCF TTM 1.23b / Enterprise Value 42.8b)
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 = 1.64 (Enterprise Value 42.8b / Total Assets 26.1b)
Interest Expense / Debt = 2.58% (Interest Expense 326.2m / Debt 12.7b)
Taxrate = 32.97% (339.8m / 1.03b)
NOPAT = 900.2m (EBIT 1.34b * (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 = 1.74 (Net Debt 3.58b / EBITDA 2.05b)
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 = 16.38% (EBIT 1.34b / Capital Employed (Equity 1.49b + L.T.Debt 6.71b))
RoIC = 8.06% (NOPAT 900.2m / Invested Capital 11.2b)
WACC = 7.82% (E(39.2b)/V(51.8b) * Re(9.79%) + D(12.7b)/V(51.8b) * Rd(2.58%) * (1-Tc(0.33)))
Discount Rate = 9.79% (= 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=-42.26% | Revisions=-75% | Analysts=12
EPS next Quarter (2026-09-30): EPS=1.78 | Chg30d=-1.85% | Revisions=+0% | Analysts=12
EPS current Year (2026-12-31): EPS=-0.61 | Chg30d=-141.13% | Revisions=-69% | GrowthEPS=-154.5% | GrowthRev=+10.2%
EPS next Year (2027-12-31): EPS=2.15 | Chg30d=-3.29% | Revisions=-26% | GrowthEPS=+451.8% | GrowthRev=+9.2%
[Analyst] Revisions Ratio: -75%