Financial Snapshot

Revenue
$23.31B
TTM
Gross Margin
25.36%
TTM
Net Earnings
$417.3M
TTM
Current Assets
Q3 2024
Current Liabilities
Q3 2024
Current Ratio
100.98%
Q3 2024
Total Assets
Q3 2024
Total Liabilities
$10.35B
Q3 2024
Book Value
$9.393B
Q3 2024
Cash
Q3 2024
P/E
75.55
Nov 29, 2024 EST
Free Cash Flow
$666.2M
TTM

Revenues

Revenues

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Revenue YoY Change

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Revenues

Concept 2023 2022 2021 2020 2019 2018 2017 2016 2015 2014 2013 2012 2011 2010 2009 2008 2007 2006 2005 2004 2003 2002
Revenue $22.75B $16.68B $6.268B $1.861B $11.55B $10.79B $9.687B $7.826B $7.246B $6.867B $6.479B $5.819B $5.384B $5.064B $4.181B $4.085B $3.635B $3.201B $2.937B $2.806B $2.708B $2.473B
YoY Change 36.38% 166.11% 236.8% -83.88% 7.05% 11.36% 23.78% 8.01% 5.52% 6.0% 11.33% 8.08% 6.32% 21.12% 2.35% 12.38% 13.56% 8.99% 4.67% 3.62% 9.5%

Expenses

Cost Of Revenues

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Gross Profit

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Gross Profit Margin

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Gross Profit

Concept 2023 2022 2021 2020 2019 2018 2017 2016 2015 2014 2013 2012 2011 2010 2009 2008 2007 2006 2005 2004 2003 2002
Revenue $22.75B $16.68B $6.268B $1.861B $11.55B $10.79B $9.687B $7.826B $7.246B $6.867B $6.479B $5.819B $5.384B $5.064B $4.181B $4.085B $3.635B $3.201B $2.937B $2.806B $2.708B $2.473B
Cost Of Revenue $16.59B $11.75B $4.095B $1.299B $8.014B $7.525B $6.804B $6.083B $4.921B $4.677B $4.457B $3.943B $3.789B $3.658B $3.357B $3.299B $2.943B $2.636B $2.311B $2.185B $2.507B $2.303B
Gross Profit $6.163B $4.932B $2.173B $562.0M $3.533B $3.263B $2.883B $2.272B $2.325B $2.190B $2.022B $1.876B $1.595B $1.405B $824.0M $786.0M $692.0M $565.0M $626.0M $621.0M $201.0M $171.0M
Gross Profit Margin 27.09% 29.56% 34.67% 30.2% 30.59% 30.25% 29.76% 29.03% 32.09% 31.89% 31.21% 32.24% 29.62% 27.74% 19.71% 19.24% 19.04% 17.65% 21.31% 22.13% 7.42% 6.91%

Selling, General & Admin Expense

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Research & Development

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Depreciation, Depletion & Amortization

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SGA Expense to Gross Profit Ratio

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R&D To Gross Profit Ratio

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DDA To Gross Profit Ratio

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Operating Expenses Total

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Operating Profits/Loss

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Operational Expenses

Concept 2023 2022 2021 2020 2019 2018 2017 2016 2015 2014 2013 2012 2011 2010 2009 2008 2007 2006 2005 2004 2003 2002
Selling, General & Admin $3.557B $2.956B $1.755B $1.524B $2.145B $1.997B $1.908B $1.548B $1.412B $1.337B $1.227B $1.144B $1.112B $1.125B $676.0M $672.0M $599.0M $464.0M $570.0M $492.0M $31.00M $26.00M
YoY Change 20.34% 68.44% 15.12% -28.95% 7.43% 4.68% 23.2% 9.67% 5.57% 9.0% 7.28% 2.85% -1.16% 66.42% 0.6% 12.19% 29.09% -18.6% 15.85% 1487.1% 19.23%
% of Gross Profit 57.72% 59.94% 80.75% 271.24% 60.73% 61.2% 66.17% 68.15% 60.72% 61.06% 60.68% 60.96% 69.72% 80.07% 82.04% 85.5% 86.56% 82.12% 91.05% 79.23% 15.42% 15.2%
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization $266.6M $225.8M $222.8M $245.7M $220.5M $185.4M $149.6M $139.3M $134.1M $127.2M $122.2M $124.6M $129.2M $321.7M $162.7M $148.3M $120.8M $128.1M $64.60M $64.10M $63.40M $64.80M
YoY Change 18.08% 1.31% -9.31% 11.46% 18.93% 23.89% 7.43% 3.83% 5.49% 4.1% -1.95% -3.55% -59.85% 97.73% 9.71% 22.76% -5.7% 98.3% 0.78% 1.1% -2.16%
% of Gross Profit 4.33% 4.58% 10.25% 43.72% 6.24% 5.68% 5.19% 6.13% 5.77% 5.81% 6.04% 6.64% 8.1% 22.9% 19.75% 18.87% 17.46% 22.67% 10.32% 10.32% 31.54% 37.89%
Operating Expenses $3.557B $2.956B $1.755B $1.524B $2.145B $1.997B $1.908B $1.548B $1.412B $1.337B $1.227B $1.144B $1.112B $1.447B $834.0M $813.0M $707.0M $578.0M $634.0M $556.0M $94.00M $90.00M
YoY Change 20.34% 68.44% 15.12% -28.95% 7.43% 4.68% 23.2% 9.67% 5.57% 9.0% 7.28% 2.85% -23.15% 73.5% 2.58% 14.99% 22.32% -8.83% 14.03% 491.49% 4.44%
Operating Profit $1.066B $732.1M -$417.9M -$1.653B $324.8M $272.5M $91.40M $194.9M $131.4M $7.164M $139.7M -$21.64M $18.34M -$42.00M -$10.00M -$27.00M -$15.00M -$13.00M -$8.000M $65.00M $107.0M $81.00M
YoY Change 45.63% -275.21% -74.72% -608.92% 19.19% 198.19% -53.12% 48.39% 1733.78% -94.87% -745.41% -218.01% -143.66% 320.0% -62.96% 80.0% 15.38% 62.5% -112.31% -39.25% 32.1%

Interest Expenses

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Interest Expenses To Operating Income %

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Other Expense/Income

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Interest & Other Expense/Income

Concept 2023 2022 2021 2020 2019 2018 2017 2016 2015 2014 2013 2012 2011 2010 2009 2008 2007 2006 2005 2004 2003 2002
Interest Expense $350.2M $278.5M $282.4M $226.8M $157.5M $141.0M $107.8M $106.5M $102.9M $106.3M $111.7M $123.7M $120.4M -$108.0M -$62.00M -$61.00M -$60.00M -$28.00M -$50.00M -$39.00M -$43.00M -$63.00M
YoY Change 25.77% -1.4% 24.52% 44.0% 11.74% 30.81% 1.19% 3.52% -3.23% -4.79% -9.76% 2.76% -211.49% 74.19% 1.64% 1.67% 114.29% -44.0% 28.21% -9.3% -31.75%
% of Operating Profit 32.85% 38.04% 48.49% 51.73% 117.91% 54.64% 78.31% 1483.98% 79.95% 656.67% -60.0% -40.19% -77.78%
Other Income/Expense, Net -$34.93M -$36.83M -$3.692M $18.81M -$3.201M -$12.16M $115.0K -$10.83M -$27.17M -$8.256M -$2.796M -$1.333M -$6.507M $4.000M $0.00 $0.00 $0.00 -$1.000M $0.00 -$2.000M $3.000M $0.00
YoY Change -5.14% 897.48% -119.63% -687.54% -73.68% -10676.52% -101.06% -60.14% 229.07% 195.28% 109.75% -79.51% -262.68% -100.0% -100.0% -166.67%

Income/Loss

Pretax Income

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Income Tax

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Net Profits/Loss

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Pretax Income YoY Change

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Income Tax Rate

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Net Profits/Loss YoY Change

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Basic EPS

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Net Income To Revenue Ratio

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Pretax & Net Income

Concept 2023 2022 2021 2020 2019 2018 2017 2016 2015 2014 2013 2012 2011 2010 2009 2008 2007 2006 2005 2004 2003 2002
Pretax Income $894.5M $505.4M -$611.3M -$1.857B $185.1M $131.1M -$9.380M $48.33M $6.353M -$99.82M -$5.137M -$132.2M -$96.63M -$189.0M -$115.0M -$358.0M -$54.00M -$31.00M -$64.00M $18.00M $68.00M $32.00M
YoY Change 76.98% -182.69% -67.08% -1103.04% 41.19% -1497.71% -119.41% 660.68% -106.36% 1843.16% -96.11% 36.77% -48.87% 64.35% -67.88% 562.96% 74.19% -51.56% -455.56% -73.53% 112.5%
Income Tax $160.2M $96.25M -$2.481M -$28.88M $66.89M $40.77M -$17.15M $28.03M $22.12M $4.630M $30.88M $29.74M -$26.22M $15.00M $11.00M -$24.00M $9.000M $18.00M $61.00M -$2.000M $11.00M $29.00M
% Of Pretax Income 17.91% 19.04% 36.14% 31.09% 58.0% 348.21% -11.11% 16.18% 90.63%
Net Earnings $563.3M $296.0M -$650.9M -$1.725B $69.89M $60.25M -$6.015M $2.942M -$32.51M -$90.81M -$43.38M -$163.2M -$83.02M -$228.0M -$60.00M -$239.0M -$15.00M -$31.00M -$131.0M $16.00M $57.00M -$3.929B
YoY Change 90.31% -145.47% -62.26% -2567.53% 16.0% -1101.65% -304.45% -109.05% -64.2% 109.34% -73.42% 96.62% -63.59% 280.0% -74.9% 1493.33% -51.61% -76.34% -918.75% -71.93% -101.45%
Net Earnings / Revenue 2.48% 1.77% -10.38% -92.66% 0.61% 0.56% -0.06% 0.04% -0.45% -1.32% -0.67% -2.81% -1.54% -4.5% -1.44% -5.85% -0.41% -0.97% -4.46% 0.57% 2.1% -158.88%
Basic Earnings Per Share $1.38 $0.66 -$3.09 -$8.12
Diluted Earnings Per Share $1.37 $0.64 -$2.997M -$8.137M $333.3K $289.9K -$29.27K $14.85K -$164.2K -$457.3K -$221.6K -$871.7K -$456.0K -$1.390M -$722.9K -$3.145M -$217.4K -$476.9K -$1.955M $235.3K $838.2K -$57.78M

Assets & Liabilities

Cash & Short-Term Investments

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Cash & Equivalents

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Cash To Operating Expenses Ratio

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Inventory

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Receivables

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Total Short-Term Assets

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Property, Plant And Equipment

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Long-Term Investments

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Total Long-Term Assets

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Total Assets

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Net Income To Total Assets Percentage

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Accounts Payable

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Short-Term Debt

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Long Term Debt Due

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Total Short-Term Liabilities

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Long-Term Debt

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Other Long-Term Liabilities

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Total Long-Term Liabilities

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Total Liabilities

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Short-Term To Long-Term Debt Ratio

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Short-Term Assets To Debt Ratio

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Long-Term Debt To Net Income Ratio

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Assets & Liabilities

Concept 2023 2022 2021 2020 2019 2018 2017 2016 2015 2014 2013 2012 2011 2010 2009 2008 2007 2006 2005 2004 2003 2002
Cash & Short-Term Investments $6.232B $5.606B $4.885B $2.538B $2.470B $2.372B $1.825B $1.527B $1.303B $1.382B $1.299B $1.001B $844.0M $893.0M $237.0M $200.0M $339.0M $314.0M $404.0M $179.0M $116.0M
YoY Change 11.16% 14.78% 92.46% 2.75% 4.13% 29.97% 19.52% 17.19% -5.72% 6.39% 29.77% 18.6% -5.49% 276.79% 18.5% -41.0% 7.96% -22.28% 125.7% 54.31%
Cash & Equivalents $6.232B $5.606B $4.885B $2.538B $2.470B $2.372B $1.825B $1.527B $1.303B $1.382B $1.299B $1.001B $844.0M $893.0M $237.0M $200.0M $339.0M $314.0M $404.0M $179.0M $116.0M
Short-Term Investments
Other Short-Term Assets $1.188B $1.015B $679.8M $589.0M $677.0M $620.0M $585.0M $563.0M $518.0M $453.0M $421.0M $384.0M $343.0M $380.0M $305.0M $223.0M $231.0M $176.0M $161.0M $126.0M $127.0M
YoY Change 17.06% 49.28% 15.41% -13.0% 9.19% 5.98% 3.91% 8.69% 14.35% 7.6% 9.64% 11.95% -9.74% 24.59% 36.77% -3.46% 31.25% 9.32% 27.78% -0.79%
Inventory $45.14M $38.73M $33.83M $22.00M $16.00M $13.00M $17.00M $15.00M $14.00M $13.00M $12.00M
Prepaid Expenses
Receivables $2.113B $1.500B $1.086B $501.0M $1.029B $845.0M $725.0M $569.0M $453.0M $419.0M $439.0M $416.0M $389.0M $330.0M $176.0M $217.0M $264.0M $251.0M $190.0M $168.0M $180.0M
Other Receivables $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00
Total Short-Term Assets $9.578B $8.160B $6.684B $3.650B $4.193B $3.848B $3.153B $2.674B $2.288B $2.268B $2.160B $1.813B $1.577B $1.603B $718.0M $640.0M $834.0M $740.0M $755.0M $473.0M $424.0M
YoY Change 17.38% 22.07% 83.13% -12.95% 8.97% 22.04% 17.91% 16.87% 0.88% 5.0% 19.14% 14.97% -1.62% 123.26% 12.19% -23.26% 12.7% -1.99% 59.62% 11.56%
Property, Plant & Equipment $3.708B $3.059B $2.631B $2.526B $2.520B $947.0M $886.0M $752.0M $731.0M $695.0M $707.0M $722.0M $720.0M $737.0M $750.0M $888.0M $915.0M $876.0M $809.0M $793.0M $782.0M
YoY Change 21.21% 16.28% 4.15% 0.24% 166.1% 6.88% 17.82% 2.87% 5.18% -1.7% -2.08% 0.28% -2.31% -1.73% -15.54% -2.95% 4.45% 8.28% 2.02% 1.41%
Goodwill
YoY Change
Intangibles
YoY Change
Long-Term Investments $447.5M $408.8M $293.6M $170.0M $168.0M $137.0M $105.0M $82.00M $82.00M $127.0M $46.00M $56.00M $30.00M $2.000M $19.00M $23.00M $59.00M $31.00M $27.00M $20.00M
YoY Change 9.47% 39.21% 72.73% 1.19% 22.63% 30.48% 28.05% 0.0% -35.43% -17.86% 86.67% 1400.0% -89.47% -17.39% -61.02% 90.32% 14.81% 35.0%
Other Assets $934.4M $792.1M $738.1M $801.0M $729.0M $599.0M $507.0M $329.0M $303.0M $347.0M $296.0M $250.0M $227.0M $226.0M $196.0M $210.0M $123.0M $50.00M $28.00M $119.0M $118.0M
YoY Change 17.96% 7.31% -7.85% 9.88% 21.7% 18.15% 54.1% 8.58% -12.68% 17.23% 18.4% 10.13% 0.44% 15.31% -6.67% 70.73% 146.0% 78.57% -76.47% 0.85%
Total Long-Term Assets $9.496B $8.301B $7.718B $6.939B $6.783B $4.649B $4.351B $4.090B $3.868B $3.700B $3.524B $3.478B $3.511B $3.593B $1.624B $1.837B $1.918B $1.485B $1.022B $1.006B $1.072B
YoY Change 14.39% 7.55% 11.23% 2.3% 45.9% 6.85% 6.38% 5.74% 4.54% 4.99% 1.32% -0.94% -2.28% 121.24% -11.59% -4.22% 29.16% 45.3% 1.59% -6.16%
Total Assets $19.07B $16.46B $14.40B $10.59B $10.98B $8.497B $7.504B $6.764B $6.156B $5.968B $5.684B $5.291B $5.088B $5.196B $2.342B $2.477B $2.752B $2.225B $1.777B $1.479B $1.496B
YoY Change
Accounts Payable $2.134B $1.971B $1.643B $830.0M $1.106B $1.127B $1.034B $782.0M $722.0M $732.0M $768.0M $661.0M $562.0M $539.0M $51.00M $54.00M $79.00M $41.00M $38.00M $31.00M $41.00M
YoY Change 8.28% 19.97% 97.95% -24.95% -1.86% 8.99% 32.23% 8.31% -1.37% -4.69% 16.19% 17.62% 4.27% 956.86% -5.56% -31.65% 92.68% 7.89% 22.58% -24.39%
Accrued Expenses $3.165B $2.509B $1.770B $1.001B $1.513B $1.245B $1.109B $781.0M $687.0M $676.0M $669.0M $627.0M $580.0M $499.0M $357.0M $379.0M $512.0M $471.0M $383.0M $362.0M $336.0M
YoY Change 26.15% 41.76% 76.79% -33.84% 21.53% 12.26% 42.0% 13.68% 1.63% 1.05% 6.7% 8.1% 16.23% 39.78% -5.8% -25.98% 8.7% 22.98% 5.8% 7.74%
Deferred Revenue
YoY Change
Short-Term Debt $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00
YoY Change
Long-Term Debt Due $1.134B $620.0M $585.3M $53.00M $38.00M $82.00M $348.0M $53.00M $42.00M $47.00M $278.0M $62.00M $53.00M $54.00M $41.00M $49.00M $36.00M $32.00M $26.00M $1.000M $1.000M
YoY Change 82.96% 5.94% 1004.25% 39.47% -53.66% -76.44% 556.6% 26.19% -10.64% -83.09% 348.39% 16.98% -1.85% 31.71% -16.33% 36.11% 12.5% 23.08% 2500.0% 0.0%
Total Short-Term Liabilities $9.960B $8.303B $6.856B $3.797B $4.108B $3.750B $3.577B $2.460B $2.101B $2.011B $2.256B $1.768B $1.493B $1.474B $752.0M $771.0M $905.0M $774.0M $679.0M $579.0M $548.0M
YoY Change 19.95% 21.12% 80.56% -7.57% 9.55% 4.84% 45.41% 17.09% 4.48% -10.86% 27.6% 18.42% 1.29% 96.01% -2.46% -14.81% 16.93% 13.99% 17.27% 5.66%
Long-Term Debt $5.459B $5.283B $5.145B $4.855B $3.271B $2.733B $1.952B $2.260B $2.003B $1.996B $1.530B $1.678B $1.663B $1.678B $739.0M $815.0M $826.0M $647.0M $381.0M $649.0M $617.0M
YoY Change 3.32% 2.68% 5.98% 48.43% 19.69% 40.01% -13.63% 12.83% 0.35% 30.46% -8.82% 0.9% -0.89% 127.06% -9.33% -1.33% 27.67% 69.82% -41.29% 5.19%
Other Long-Term Liabilities $1.850B $1.805B $1.801B $1.628B $1.505B $205.0M $174.0M $150.0M $142.0M $112.0M $85.00M $94.00M $121.0M $215.0M $95.00M $146.0M $91.00M $89.00M $54.00M $89.00M $139.0M
YoY Change 2.47% 0.22% 10.63% 8.17% 634.15% 17.82% 16.0% 5.63% 26.79% 31.76% -9.57% -22.31% -43.72% 126.32% -34.93% 60.44% 2.25% 64.81% -39.33% -35.97%
Total Long-Term Liabilities $7.309B $7.088B $6.947B $6.483B $4.776B $2.938B $2.126B $2.410B $2.145B $2.108B $1.615B $1.772B $1.784B $1.893B $834.0M $961.0M $917.0M $736.0M $435.0M $738.0M $756.0M
YoY Change 3.11% 2.04% 7.15% 35.74% 62.56% 38.19% -11.78% 12.35% 1.76% 30.53% -8.86% -0.67% -5.76% 126.98% -13.22% 4.8% 24.59% 69.2% -41.06% -2.38%
Total Liabilities $19.09B $16.83B $14.98B $11.06B $9.830B $7.398B $6.323B $5.638B $4.919B $4.671B $4.274B $3.935B $3.627B $3.831B $1.689B $1.799B $1.885B $1.586B $1.140B $1.322B $1.307B
YoY Change 13.45% 12.3% 35.48% 12.52% 32.87% 17.0% 12.15% 14.62% 5.31% 9.29% 8.61% 8.49% -5.32% 126.82% -6.11% -4.56% 18.85% 39.12% -13.77% 1.15%

Ownership

Basic Shares Outstanding

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Diluted Shares Outstanding

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Preferred Stock

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Treasury Stock Shares

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Stock Issuance & Repurchase

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Ownership Data

Concept 2023 2022 2021 2020 2019 2018 2017 2016 2015 2014 2013 2012 2011 2010 2009 2008 2007 2006 2005 2004 2003 2002
Basic Shares Outstanding 228.6M shares 224.8M shares 217.2M shares 212.3M shares
Diluted Shares Outstanding 231.0M shares 231.6M shares 217.2M shares 212.3M shares
Preferred Stock
Treasury Stock Shares

Return On Shareholders' Equity

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Book Value

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Free Cash Flow

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Free Cash Flow YoY

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Free Cash Flow Margin

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Dividends

Dividends

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Stock Price

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Market Cap: $31.53 Billion

About Live Nation Entertainment, Inc.

Live Nation Entertainment, Inc. operates as an entertainment company. The company is headquartered in Beverly Hills, California and currently employs 14,700 full-time employees. The company went IPO on 2005-12-14. The firm is a producer of live music concerts in the world. Its segments include Concerts, Ticketing and Sponsorship & Advertising. The Concerts segment principally involves the global promotion of live music events in its owned or operated venues and in rented third-party venues, the operation and management of music venues, the production of music festivals across the world, the creation of associated content and the provision of management and other services to artists. The Ticketing segment is an agency business that sells tickets for events on behalf of its clients. The Sponsorship & Advertising segment employs a sales force that creates and maintains relationships with sponsors through a combination of strategic, international, national, and local opportunities that allow businesses to reach customers through its concert, festival, venue and ticketing assets, including advertising on its Websites.

Industry: Services-Amusement & Recreation Services Peers: NETFLIX INC AMC ENTERTAINMENT HOLDINGS, INC. Warner Bros. Discovery, Inc. Endeavor Group Holdings, Inc. Madison Square Garden Sports Corp. ROKU, INC Walt Disney Co Warner Music Group Corp. WORLD WRESTLING ENTERTAINMENT, LLC