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Live Nation Entertainment Inc LYV

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Stock XNYS Rating as of
$168.77 +1.92 (1.15%)
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As of Delayed Price Post-Trading: $168.77 0.00

Company Report

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Expanding Venue Portfolio and Demand for Experiences Gives Live Nation a Boost

Matthew Dolgin

Live Nation is the world’s largest live entertainment company. Its multiple business lines serve virtually all major components associated with holding live events. With younger adults continuing to prioritize live experiences, music streaming services increasing the exposure and popularity of artists across countries, and artists emphasizing touring, Live Nation is not short on growth opportunities. We believe the firm’s vertical integration and global footprint make it better able to capitalize on the opportunities than smaller competitors that don’t offer a full menu of services.

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Price vs Fair Value

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LYV is trading at a LOCK|rNdG@ premium.
Price
$166.85
Fair Value
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Uncertainty
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1-Star Price
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5-Star Price
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Economic Moat
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Capital Allocation
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Bulls Say, Bears Say

Bulls

Younger adults’ predilection toward live events and experiences should keep demand for concerts high, and Live Nation’s dominance among promoters should lead it to reap the bulk of the benefit.

Bears

Ticketmaster benefits from being part of Live Nation. If the firm is forced to split off Ticketmaster on antitrust grounds, the collective business will suffer.

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News

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Trading Information

Previous Close Price
$166.85
Day Range
$166.59–169.46
52-Week Range
$125.34–189.25
Bid/Ask
$166.76 / $169.25
Shares Outstanding
232.96M
Market Cap
$39.32B
Volume/Avg
2M / 2M

Key Statistics

Price/Earnings (Normalized)
164.45
Price/Sales
1.48
Dividend Yield (Trailing)
0.00%
Dividend Yield (Forward)
0.00%
Dividend Payment Schedule
—
Total Yield
0.06%

Company Profile

Live Nation is the largest live entertainment company in the world, serving as a concert promoter, venue operator, and ticketing platform. In addition, the firm generates revenue from sponsorships and advertising. With offices in 51 countries, Live Nation promotes concerts globally. It owned, operated, or had exclusive booking rights to more than 400 venues worldwide at the end of 2025, which the firm says makes it the second-largest operator of music venues globally. In 2025, Live Nation promoted nearly 55,000 events, drawing roughly 160 million fans. Ticketmaster is a dominant global ticketing service, selling nearly 650 million tickets in 2025.
Sector
Communication Services
Industry
Entertainment
Stock Style Box
Mid Growth
Total Number of Employees
17,700
Website
https://www.livenationentertainment.com

Competitors

Valuation

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Metric
LYV
DIS
CMCSA
Price/Earnings (Normalized)
 164.4515.915.73
Price/Book Value
 473.271.610.86
Price/Sales
 1.481.820.63
Price/Cash Flow
 29.819.222.59
Price/Earnings
LYV
DIS
CMCSA

Financial Strength

Metric
LYV
DIS
CMCSA
Quick Ratio
 0.680.560.65
Current Ratio
 0.850.710.80
Interest Coverage
 2.397.714.18
Quick Ratio
LYV
DIS
CMCSA

Profitability

Metric
LYV
DIS
CMCSA
Return on Assets (Normalized)
 1.66%2.61%5.15%
Return on Equity (Normalized)
 186.61%4.82%14.67%
Return on Invested Capital (Normalized)
 4.71%3.77%8.98%
Return on Assets
LYV
DIS
CMCSA

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