LYV

Live Nation Entertainment, Inc.

Fundamental data last updated:September 4, 2026

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company profile

SECTOR

Communication Services

industry

Entertainment

Exchange

NYSE

County of HQ

US

Next Earnings Date

Pending Announcement

Business Summary

Live Nation Entertainment, Inc. operates as a live entertainment company. It operates through Concerts, Ticketing, and Sponsorship & Advertising segments. The Concerts segment promotes live music events in its owned or operated venues, and in rented third-party venues; operates and manages music venues; produces music festivals; creates associated content; and offers management and other services to artists. The Ticketing segment manages the ticketing operations, including the provision of ticketing software and services to clients for tickets and event information through its primary websites livenation.com and ticketmaster.com, as well as provides ticket resale services. This segment sells tickets for its events, as well as for third-party clients in various live event categories, such as arenas, stadiums, amphitheaters, music clubs, concert promoters, professional sports franchises and leagues, college sports teams, performing arts venues, museums, and theaters through websites, mobile apps, and ticket outlets. The Sponsorship & Advertising segment sells international, national, and local sponsorships and placement of advertising, including signage, promotional programs, rich media offering that comprise advertising related with live streaming and music-related content; and ads across its distribution network of venues, events, and websites. This segment also manages the development of strategic sponsorship programs, as well as develops, books, and produces custom events or programs for specific brands. As of December 31, 2021, it owned, operated, or leased 165 entertainment venues in North America and 94 entertainment venues internationally. The company was formerly known as Live Nation, Inc. and changed its name to Live Nation Entertainment, Inc. in January 2010. Live Nation Entertainment, Inc. was incorporated in 2005 and is headquartered in Beverly Hills, California.

 


VALUATION

P/E

469.66

Market Cap ($M USD)

$39.35B

Forward P/E

37.70

PEG

0.03

PRICE TO SALES

1.54

PRICE TO BOOK

-281.87

EV / EBITDA

19.89

5-Year Average P/E

Free Cash Flow Yield

3.14%

DCF Value

$227.77

Graham Number

N/A

Price to FCF

31.89

EV to FCF

33.11

Earnings Yield

0.21%

FCF Yield

3.14%

DIVIDEND

Yield

0.00%

Annual Payout

$0.00

Payout Ratio

0.00%

Consecutive Years of Dividend Growth

5-Year Dividend Growth Rate

Financial Health & Profitability

Earnings Per Share

$0.36

Next Year EPS Growth Estimate

$4.49

Next Year Revenue Growth Estimate

$44.41B

Return on Equity (ROE)

33.04%

FREE CASH FLOW

Operating Margin

5.45%

Debt-to-Equity

45.91

Piotroski F-Score

4

Altman Z-Score

1.94

Return on Invested Capital (ROIC)

13.11%

Current Ratio

0.88

Quick Ratio

0.88

Net Debt to EBITDA

0.73

Interest Coverage

4.28

Gross Profit margin

44.74%

FCF PER SHARE

$5.31

REVENUE PER SHARE

$110.21

Gainseekers Quantitative Analysis

Summary

The market seems to have mispriced Live Nation Entertainment, Inc., as its snapshot price traded below its DCF value. Despite a sky-high P/E ratio, the forward P/E suggests a more reasonable valuation, hinting at anticipated earnings growth. However, the Altman Z-score of 1.92 raises red flags about financial distress risks. The earnings yield is negligible, questioning the stock’s attractiveness for income-focused investors. Overall, while growth prospects are promising, caution is warranted due to potential financial vulnerabilities.

AI Exposure / Tech Reliance

Positioned within the entertainment industry, Live Nation is poised to leverage AI and tech advancements to enhance customer experiences and streamline operations. The company's ability to adapt to digital ticketing and virtual events could bolster its competitive edge. As technology reshapes entertainment, Live Nation's strategic positioning may offer resilience against industry disruptions.

The Bull Case

For the value or GARP investor, Live Nation presents an intriguing opportunity. The robust ROIC of 13.11% indicates efficient capital use, while a forward PEG ratio well below 1.0 suggests undervaluation relative to growth. Despite a modest Piotroski F-Score, the company's operating margin and FCF yield reflect solid pricing power and cash generation. These metrics paint a picture of a company capable of delivering shareholder value through strategic growth and operational efficiency.

The Bear Case

Despite its strengths, Live Nation faces significant structural risks. The Price/Book ratio is alarmingly negative, indicating potential overvaluation or accounting anomalies. With a Price/Sales ratio that may not justify its current market cap, the stock appears technically overextended near its 52-week high. Furthermore, the low current ratio suggests liquidity concerns, which could be problematic in volatile market conditions.

Market Sentiment & Smart Money

Short Interest %

Analyst Consensus

Buy

Average Analyst Price Target

$183.88

Institutional Ownership %

1-Year Beta

1.11

Insider Buying % (6 Mo)

Distance to 52-Week High

3.65%

Distance to 52-Week Low

25.87%

EARNINGS SURPRISE %

-427.25%

50-DAY SMA

$159.29

200-DAY SMA

$153.33

⚠️ Financial Disclaimer:
This content is for informational purposes only and is not financial advice. Information may be delayed or inaccurate. We may earn a commission from partner links.