Live Nation Entertainment Inc

Live Nation Entertainment Inc

LYV

Market Cap$31.8B
Close$

Compare to Similar Companies

P/E RatioDividendsReturn on EquityPrice-to-SalesDebt-to-Equity
Live Nation Entertainment IncLive Nation Entertainment Inc32.6-865%1.4117.8

Earnings Call Q1 2025

May 1, 2025 - AI Summary

Performance Overview: - Live Nation's Ticketmaster reported a 4% year-over-year increase in concert revenues driven primarily by a 12% increase from Live Nation concerts. However, overall revenue and Adjusted Operating Income (AOI) were down due to weaker performance in non-concert categories (-9% in sports, arts, and family) and timing issues in recognizing deferred revenue. Ticketmaster's deferred revenue increased by 13%, indicating future revenue recognition potential.
Strong Demand and Resilience: - Demand for concerts remains robust, with significant sell-through rates observed in April for artists like Chris Brown and Lady Gaga, and a projected two-thirds of concerts expected to take place in the second half of the year. Management reported no signs of consumer pullback as evidenced by pre-sales, and they expect sustained audience growth.
Revenue Management Strategies: - The company is implementing more tiered pricing models to optimize revenue while maintaining affordability. This strategy aims to maximize every seat's potential in venues by adjusting prices according to market conditions, leading to a healthier gross revenue outlook over time.

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$126.53

Current Fair Value

7.4% downside

Overvalued by 7.4% based on the discounted cash flow analysis.

Share Statistics

Market cap$31.80 Billion
Enterprise Value$37.12 Billion
Dividend Yield$0 (0%)
Earnings per Share$2.77
Beta1.47
Outstanding Shares231,220,841

Return

Return on Equity-
Return on Assets-
Return on Invested Capital-

Valuation & Multiples

P/E Ratio32.57
PEG-21.76
Price to Sales1.39
Price to Book Ratio15.18
Enterprise Value to Revenue1.63
Enterprise Value to EBIT38.1
Enterprise Value to Net Income40
Total Debt to Enterprise0.34
Debt to Equity117.79

Revenue Sources

No data

Insider Trades

ESG Score

No data

About Live Nation Entertainment Inc

CEO: Michael Rapino