Live Nation Entertainment, Inc.
Live Nation Entertainment, Inc.
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Financial Statements
Values in Millions ($) | 2026-03-31 | 2025-12-31 | 2025-09-30 | 2025-06-30 | 2025-03-31 | 2024-12-31 | 2024-09-30 | 2024-06-30 | 2024-03-31 | 2023-12-31 | 2023-09-30 | 2023-06-30 | Subscriber-only column | Subscriber-only column | Subscriber-only column | Subscriber-only column | Data beyond 3 years is for subscribers only. Unlock 17+ years of financial data Start 7-day free trial |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Assets | |||||||||||||||||
Assets Current | |||||||||||||||||
Cash And Cash Equivalents At Carrying Value | 9,078 | 7,094 | 6,751 | 7,057 | 7,159 | 6,095 | 5,490 | 6,399 | 6,502 | 6,232 | 5,949 | 7,129 | |||||
Accounts Receivable Net Current | 1,965 | 2,009 | 2,607 | 2,465 | 1,851 | 1,747 | 2,694 | 2,464 | 2,280 | 2,025 | 2,503 | 1,890 | |||||
Prepaid Expense Current | 2,217 | 1,454 | 1,525 | 1,912 | 1,725 | 1,247 | 1,446 | 1,672 | 1,474 | 1,148 | 1,425 | 1,629 | |||||
Restricted Cash Current | - | 13 | 13 | 13 | 10 | 11 | 11 | 11 | 8 | 7 | 7 | 8 | |||||
Other Assets Current | 381 | 417 | 413 | 377 | 325 | 200 | 134 | 139 | 164 | 122 | 124 | 122 | |||||
Assets Current | 13,642 | 10,974 | 11,308 | 11,823 | 11,069 | 9,290 | 9,775 | 10,684 | 10,428 | 9,533 | 10,007 | 10,777 | |||||
Property Plant And Equipment Net | 3,664 | 3,416 | 3,122 | 2,949 | 2,688 | 2,442 | 2,376 | 2,236 | 2,117 | 2,101 | 1,956 | 1,904 | |||||
Operating Lease Right Of Use Asset | 1,910 | 1,870 | 1,758 | 1,738 | 1,682 | 1,618 | 1,642 | 1,588 | 1,577 | 1,606 | 1,594 | 1,583 | |||||
Intangible Assets Net Exc… | |||||||||||||||||
Finite Lived Intangible Assets Net | 1,071 | 1,078 | 1,064 | 1,092 | 1,039 | 986 | 1,048 | 1,095 | 1,163 | 1,162 | 1,123 | 1,118 | |||||
Indefinite Lived Intangible Assets Excluding Goodw… | 369 | 369 | 369 | 369 | 369 | 381 | 380 | 381 | 378 | 377 | 377 | 378 | |||||
Goodwill | 2,933 | 2,889 | 2,842 | 2,821 | 2,703 | 2,621 | 2,670 | 2,664 | 2,699 | 2,691 | 2,654 | 2,619 | |||||
Prepaid Expense Noncurrent | 668 | 631 | 600 | 627 | 562 | 520 | 577 | 647 | 609 | 623 | 511 | 655 | |||||
Other Assets Noncurrent | 1,811 | 1,685 | 1,825 | 1,731 | 1,715 | 1,781 | 1,278 | 1,160 | 1,060 | 935 | 920 | 891 | |||||
Assets | 26,068 | 22,913 | 22,888 | 23,150 | 21,827 | 19,639 | 19,747 | 20,454 | 20,030 | 19,030 | 19,141 | 19,925 | |||||
Liabilities And Stockhold… | |||||||||||||||||
Liabilities Current | |||||||||||||||||
Accounts Payable Current | - | 253 | 355 | 405 | 310 | 243 | 295 | 251 | 248 | 267 | 277 | 294 | |||||
Other Accrued Liabilities Current | 3,562 | 3,556 | 3,804 | 3,286 | 2,446 | 3,300 | 3,454 | 3,359 | 2,766 | 3,031 | 3,315 | 2,779 | |||||
Contract With Customer Liability Current | 7,411 | 4,462 | 4,064 | 5,910 | 6,077 | 3,721 | 3,035 | 4,799 | 5,025 | 3,398 | 3,084 | 5,026 | |||||
Long Term Debt And Capital Lease Obligations Curre… | 1,801 | 588 | 1,251 | 1,485 | 480 | 261 | 582 | 1,137 | 1,137 | 1,134 | 51 | 51 | |||||
Other Liabilities Current | 468 | 482 | 222 | 97 | 80 | 216 | 67 | 53 | 114 | 128 | 132 | 56 | |||||
Liabilities Current | 15,417 | 11,029 | 12,276 | 13,459 | 11,518 | 9,358 | 9,681 | 11,627 | 11,328 | 9,984 | 8,752 | 10,024 | |||||
Operating Lease Liability Current | - | 168 | 160 | 159 | 152 | 153 | 167 | 172 | 159 | 158 | 150 | 147 | |||||
Long Term Debt And Capital Lease Obligations | 6,709 | 7,612 | 6,107 | 4,991 | 5,929 | 6,177 | 5,673 | 5,081 | 5,082 | 5,459 | 6,546 | 6,555 | |||||
Operating Lease Liability Noncurrent | 2,073 | 2,037 | 1,871 | 1,785 | 1,734 | 1,680 | 1,767 | 1,641 | 1,642 | 1,686 | 1,674 | 1,660 | |||||
Other Liabilities Noncurrent | 435 | 416 | 653 | 610 | 537 | 478 | 673 | 547 | 524 | 488 | 469 | 562 | |||||
Redeemable Noncontrolling Interest Equity Carrying… | 952 | 924 | 853 | 1,378 | 1,312 | 1,126 | 1,024 | 1,007 | 984 | 860 | 836 | 754 | |||||
Deferred Income Tax Liabilities Net | - | 83 | - | - | - | 140 | - | - | - | 325 | - | - | |||||
Stockholders Equity Inclu… | |||||||||||||||||
Common Stock Value | 2 | 2 | 2 | 2 | 2 | 2 | 2 | 2 | 2 | 2 | 2 | 2 | |||||
Additional Paid In Capital | 1,405 | 1,456 | 1,525 | 1,788 | 1,906 | 2,060 | 2,215 | 2,241 | 2,309 | 2,368 | 2,411 | 2,439 | |||||
Retained Earnings Accumulated Deficit | -1,431 | -1,042 | -840 | -1,271 | -1,515 | -1,547 | -1,748 | -2,157 | -2,455 | -2,443 | -2,197 | -2,681 | |||||
Treasury Stock Value | -30 | -30 | -7 | -7 | -7 | -7 | -7 | -7 | -7 | -7 | -7 | -7 | |||||
Accumulated Other Comprehensive Income Loss Net Of… | -86 | -115 | -159 | -152 | -281 | -335 | -175 | -123 | 36 | 27 | 12 | 59 | |||||
Stockholders Equity | -139 | 894 | 1,129 | 928 | 798 | 819 | 288 | -43 | 426 | 552 | 222 | -187 | |||||
Minority Interest | 621 | 623 | 607 | 568 | 692 | 646 | 642 | 594 | 584 | 604 | 643 | 559 | |||||
Liabilities And Stockholders Equity | 26,068 | 22,913 | 22,888 | 23,150 | 21,827 | 19,639 | 19,747 | 20,454 | 20,030 | 19,030 | 19,141 | 19,925 | |||||
Allowance For Doubtful Accounts Receivable Current | 78 | 74 | 76 | 81 | 74 | 73 | 87 | 81 | 73 | 82 | 72 | 67 | |||||
Equity | |||||||||||||||||
Class Of Stock Disclosure… | |||||||||||||||||
Common Stock Number Of Sh… | |||||||||||||||||
Common Stock Par Or Stated Value Per Share | - | 0.01 | - | - | - | 0.01 | - | - | - | 0.01 | - | - | |||||
Common Stock Shares Authorized | - | 450 | - | - | - | 450 | - | - | - | 450 | - | - | |||||
Common Stock Shares Issued | - | 236 | - | - | - | 235 | - | - | - | 234 | - | - | |||||
Shares Outstanding | - | 235 | - | - | - | 234 | - | - | - | 233 | - | - | |||||
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Earnings Market Reaction
| Fiscal Year | Q1 1 Month | Q1 2 Month | Q1 3 Month | Q2 1 Month | Q2 2 Month | Q2 3 Month | Q3 1 Month | Q3 2 Month | Q3 3 Month | Q4 1 Month | Q4 2 Month | Q4 3 Month |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026 | 7.09% | 14.12% | - | - | - | - | - | - | - | - | - | - |
| 2025 | 10.41% | 13.35% | 14.58% | 12.29% | 9.12% | 3.10% | -12.80% | -3.28% | -2.51% | -2.22% | 1.99% | 3.70% |
| 2024 | 8.75% | 5.31% | 7.74% | 2.28% | 9.53% | 21.48% | 5.47% | -0.14% | 11.58% | -20.17% | -13.25% | -8.62% |
| 2023 | - | - | - | -12.94% | -13.53% | -12.77% | 6.28% | 10.89% | 10.59% | 11.00% | 8.08% | 3.78% |
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Performance and Valuation Metrics
Metrics | 2026-03-31 | 2025-12-31 | 2025-09-30 | 2025-06-30 | 2025-03-31 | 2024-12-31 | 2024-09-30 | 2024-06-30 | 2024-03-31 | 2023-12-31 | 2023-09-30 | 2023-06-30 | Subscriber-only column | Subscriber-only column | Subscriber-only column | Subscriber-only column | Data beyond 3 years is for subscribers only. Unlock 17+ years of financial data Start 7-day free trial |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Liquidity Ratios | |||||||||||||||||
| Current Ratio | 0.88 | 1.00 | 0.92 | 0.88 | 0.96 | 0.99 | 1.01 | 0.92 | 0.92 | 0.95 | 1.14 | 1.08 | |||||
| Quick Ratio | 0.74 | 0.86 | 0.80 | 0.74 | 0.81 | 0.86 | 0.86 | 0.78 | 0.79 | 0.84 | 0.98 | 0.91 | |||||
| Working Capital | -1.78B | -54.46M | -967.75M | -1.64B | -448.40M | -68.14M | 94.58M | -943.02M | -900.63M | -451.09M | 1.26B | 753.42M | |||||
Leverage & Debt | |||||||||||||||||
| Debt to Equity | -110.59 | 12.33 | 10.87 | 14.50 | 14.44 | 11.43 | 33.62 | -268.73 | 26.57 | 18.09 | 39.47 | -53.49 | |||||
| Interest Coverage TTM | 2.35 | 3.96 | 3.72 | 3.15 | 3.01 | 2.53 | 2.83 | 2.89 | 2.64 | 3.10 | 3.22 | 2.91 | |||||
| Debt Ratio | 0.59 | 0.48 | 0.54 | 0.58 | 0.53 | 0.48 | 0.49 | 0.57 | 0.57 | 0.52 | 0.46 | 0.50 | |||||
Efficiency & Turnover | |||||||||||||||||
| Asset Turnover TTM | 1.07 | 1.18 | 1.15 | 1.09 | 1.09 | 1.20 | 1.20 | 1.18 | 1.20 | 1.28 | 1.21 | 1.06 | |||||
| Days Sales Outstanding TTM | 27.19 | 27.20 | 39.37 | 37.92 | 33.15 | 29.73 | 40.73 | 33.40 | 30.71 | 28.03 | 38.67 | 31.80 | |||||
| Receivables Turnover TTM | 13.42 | 13.42 | 9.27 | 9.63 | 11.01 | 12.28 | 8.96 | 10.93 | 11.89 | 13.02 | 9.44 | 11.48 | |||||
Per Share Metrics | |||||||||||||||||
| Diluted EPS TTM | 1.44 | 2.98 | 2.92 | 4.12 | 4.75 | 4.79 | 0.81 | 1.09 | 0.97 | 1.34 | 3.45 | 2.80 | |||||
| Free Cash Flow Per Share TTM | 5.22 | 1.44 | 7.02 | 4.84 | 5.94 | 4.69 | 2.88 | 2.38 | 3.23 | 4.04 | 5.30 | 6.62 | |||||
| Dividend Per Share TTM | 1.10 | 1.08 | 1.05 | 1.03 | 0.97 | 1.07 | 1.24 | 1.19 | 1.05 | 1.05 | 0.75 | 0.75 | |||||
Margin Metrics | |||||||||||||||||
| Gross Profit Margin TTM | 98.73% | 98.75% | 98.74% | 98.66% | 98.57% | 98.59% | 98.53% | 98.57% | 98.54% | 98.46% | 98.44% | 98.36% | |||||
| Operating Profit Margin TTM | 2.99% | 4.96% | 4.70% | 4.22% | 4.31% | 3.56% | 4.15% | 4.12% | 3.85% | 4.77% | 5.01% | 4.77% | |||||
| Net Profit Margin TTM | 1.31% | 2.74% | 2.79% | 4.07% | 4.83% | 4.88% | 0.85% | 1.12% | 0.95% | 1.36% | 3.98% | 3.56% | |||||
Growth Metrics | |||||||||||||||||
| Net Revenue Growth (1Y) | 12.64% | 8.83% | 5.50% | -0.29% | -2.82% | 1.89% | 9.83% | 23.90% | 29.95% | 36.24% | 40.48% | 64.98% | |||||
| Net Income Growth (1Y) | -69.49% | -38.93% | 246.82% | 261.24% | 393.78% | 265.52% | -76.54% | -60.83% | -58.73% | -24.37% | 304.10% | -1,135.39% | |||||
| EPS Growth (1Y) | -69.65% | -39.39% | 244.33% | 258.24% | 390.04% | 263.15% | -76.70% | -61.07% | -58.97% | -25.64% | 298.75% | -1,117.89% | |||||
Valuation Metrics | |||||||||||||||||
| P/E TTM | 105.72 | 47.83 | 55.28 | 36.30 | 27.47 | 26.35 | 127.54 | 80.59 | 109.06 | 69.15 | 22.54 | 30.49 | |||||
| P/B TTM | -254.25 | 36.94 | 33.59 | 37.80 | 37.84 | 36.39 | 87.59 | -498.14 | 56.94 | 38.77 | 85.67 | -111.12 | |||||
| P/S TTM | 1.38 | 1.31 | 1.54 | 1.48 | 1.33 | 1.29 | 1.08 | 0.91 | 1.04 | 0.94 | 0.90 | 1.08 | |||||
| Market Cap | 35.44B | 33.04B | 37.92B | 35.07B | 30.19B | 29.80B | 25.22B | 21.55B | 24.27B | 21.40B | 19.00B | 20.82B | |||||
| Enterprise Value | 34.86B | 34.13B | 38.51B | 34.48B | 29.43B | 30.13B | 25.98B | 21.36B | 23.98B | 21.75B | 19.64B | 20.29B | |||||
Calculated Values | |||||||||||||||||
| Free Cash Flow TTM | 1.21B | 333.61M | 1.63B | 1.12B | 1.37B | 1.08B | 662.93M | 547.32M | 740.23M | 924.37M | 1.21B | 1.51B | |||||
| Net Debt | -580.75M | 1.09B | 594.44M | -593.25M | -759.83M | 331.96M | 754.09M | -191.47M | -289.88M | 354.46M | 641.31M | -530.46M | |||||
Per-Share and Margin | |||||||||||||||||
| EPS TTM | |||||||||||||||||
| Adjusted EPS TTM | |||||||||||||||||
| Cash Flow Per Share TTM | |||||||||||||||||
| Pretax Margin TTM | |||||||||||||||||
| Stock Comp to Revenue TTM | |||||||||||||||||
Turnover Ratios and Averages | |||||||||||||||||
| Average Assets | |||||||||||||||||
| Average Equity | |||||||||||||||||
| Average Inventory | |||||||||||||||||
| Average Receivables | |||||||||||||||||
| Average Accounts Payables | |||||||||||||||||
| Inventory Turnover TTM | |||||||||||||||||
| Payables Turnover TTM | |||||||||||||||||
| Days Inventory Outstanding TTM | |||||||||||||||||
| Days Payables Outstanding TTM | |||||||||||||||||
| Cash Conversion Cycle TTM | |||||||||||||||||
| Working Capital to Revenue | |||||||||||||||||
| Deferred Revenue to Revenue | |||||||||||||||||
Growth Rates | |||||||||||||||||
| Total Assets Growth (1Y) | |||||||||||||||||
| Total Assets Growth (3Y) | |||||||||||||||||
| Total Assets Growth (5Y) | |||||||||||||||||
| Dividends Paid Growth (1Y) | |||||||||||||||||
| Dividends Paid Growth (3Y) | |||||||||||||||||
| Dividends Paid Growth (5Y) | |||||||||||||||||
| EPS Growth (3Y) | |||||||||||||||||
| EPS Growth (5Y) | |||||||||||||||||
| Net Income Growth (3Y) | |||||||||||||||||
| Net Income Growth (5Y) | |||||||||||||||||
| Net Profit Margin Growth (1Y) | |||||||||||||||||
| Net Profit Margin Growth (3Y) | |||||||||||||||||
| Net Profit Margin Growth (5Y) | |||||||||||||||||
| Net Revenue Growth (3Y) | |||||||||||||||||
| Net Revenue Growth (5Y) | |||||||||||||||||
| Deferred Revenue Growth (1Y) | |||||||||||||||||
| Retained Earnings Growth (1Y) | |||||||||||||||||
Credit, Liquidity, Returns, Payout | |||||||||||||||||
| Cash Ratio | |||||||||||||||||
| Net Working Capital | |||||||||||||||||
| Debt to EBITDA TTM | |||||||||||||||||
| Net Debt to EBITDA TTM | |||||||||||||||||
| Net Debt to Equity | |||||||||||||||||
| Altman A | |||||||||||||||||
| Altman B | |||||||||||||||||
| Altman C | |||||||||||||||||
| Altman D | |||||||||||||||||
| Altman E | |||||||||||||||||
| Altman Z-Score | |||||||||||||||||
| ROA TTM | |||||||||||||||||
| ROE TTM | |||||||||||||||||
| NOPAT TTM | |||||||||||||||||
| ROIC TTM | |||||||||||||||||
| Effective Tax Rate TTM | |||||||||||||||||
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| Dilution Ratio | |||||||||||||||||
| Retained Earnings to Equity | |||||||||||||||||
| Treasury Stock to Equity | |||||||||||||||||
| Treasury Stock Change (1Y) | |||||||||||||||||
| Accrued to Current Liabilities | |||||||||||||||||
Valuation Ratios | |||||||||||||||||
| P/CF TTM | |||||||||||||||||
| Dividend Yield TTM | |||||||||||||||||
| Free Cash Flow Yield TTM | |||||||||||||||||
| EV EBITDA TTM | |||||||||||||||||
| EV EBIT TTM | |||||||||||||||||
| Stock Compensation TTM | |||||||||||||||||
| Adjusted Net Income TTM | |||||||||||||||||
| Billings TTM | |||||||||||||||||
| Total Debt | |||||||||||||||||
| Invested Capital | |||||||||||||||||
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Institutional Ownership
Live Nation Entertainment, Inc. (LYV) — SEC Financial Statements & Analysis
Live Nation Entertainment, Inc. (LYV) is a services-amusement & recreation services company, incorporated in DE. Live Nation Entertainment, Inc. trades on LYV: NYSE as: LYV. Based on its latest SEC filing (Form 10-Q, period ending 2026-03-31), Live Nation Entertainment, Inc. reported a 12.64% year-over-year revenue growth, a Gross Profit Margin of 98.73% (TTM), a Debt-to-Equity ratio of -110.59x, a Price-to-Sales (P/S) ratio of 1.38x (TTM), a Price-to-Book (P/B) ratio of -254.25 (TTM), at a market cap of $35.44B. Figures below are sourced from SEC EDGAR, as-filed.
- Net Revenue TTM Growth 1Y
- 12.64%
- Gross Profit Margin TTM
- 98.73%
- Debt To Equity
- -110.59x
- P/S TTM
- 1.38x
- P/B TTM
- -254.25
- Market Cap
- $35.44B
Data as of 2026-03-31 · Source: SEC EDGAR
Frequently Asked Questions
What industry is Live Nation Entertainment, Inc. in?
Live Nation Entertainment, Inc. (LYV) operates in the Services-Amusement & Recreation Services industry.
What is LYV's market cap?
Live Nation Entertainment, Inc. (LYV) has a market capitalization of $35.44B as of 2026-03-31.
What is LYV's P/E ratio?
Live Nation Entertainment, Inc. (LYV)'s trailing twelve month P/E ratio is 105.72x as of 2026-03-31.
What exchange does LYV trade on?
Live Nation Entertainment, Inc. (LYV) trades on the LYV: NYSE.
Where is Live Nation Entertainment, Inc. incorporated?
Live Nation Entertainment, Inc. is incorporated in DE.