Live Nation Entertainment Balance Sheet

Financials in millions USD. Fiscal year is January - December.

Millions USD. Fiscal year is Jan - Dec.

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Cash & Equivalents	7,094	6,095	6,232	5,606	4,885
Cash & Short-Term Investments	7,094	6,095	6,232	5,606	4,885
Cash Growth	16.39%	-2.19%	11.15%	14.77%	92.48%
Accounts Receivable	2,009	1,747	2,025	1,465	1,067
Receivables	2,082	1,779	2,068	1,500	1,086
Inventory	56.58	50.15	45.14	38.73	33.83
Prepaid Expenses	1,454	1,247	1,148	949.83	654.89
Restricted Cash	12.79	10.69	7.09	5.92	3.06
Other Current Assets	275.13	107.37	33.18	58.99	21.8
Total Current Assets	10,974	9,290	9,533	8,160	6,684
Property, Plant & Equipment	5,286	4,060	3,708	3,059	2,631
Long-Term Investments	515.64	504.19	447.49	408.79	293.65
Goodwill	2,889	2,621	2,691	2,529	2,591
Other Intangible Assets	1,447	1,366	1,539	1,419	1,395
Long-Term Deferred Tax Assets	450.96	577.93	42.84	-	-
Other Long-Term Assets	1,116	993.3	891.54	792.13	738.13
Total Assets	22,913	19,639	19,030	16,461	14,402
Accounts Payable	253.26	242.98	267.49	180.08	110.62
Accrued Expenses	3,159	2,936	2,927	2,283	1,526
Current Portion of Long-Term Debt	587.63	260.9	1,134	620.03	585.25
Current Portion of Leases	167.76	153.41	158.42	140.23	123.72
Current Unearned Revenue	4,462	3,721	3,398	3,135	2,775
Other Current Liabilities	2,399	2,043	2,099	1,945	1,735
Total Current Liabilities	11,029	9,358	9,984	8,303	6,856
Long-Term Debt	7,608	6,177	5,459	5,283	5,145
Long-Term Leases	2,041	1,680	1,686	1,655	1,606
Long-Term Unearned Revenue	73.07	120.06	60.56	56.95	116.68
Long-Term Deferred Tax Liabilities	83.3	140.15	324.7	305.52	236.55
Other Long-Term Liabilities	259.47	217.55	102.91	93.49	78.35
Total Liabilities	21,094	17,693	17,618	15,697	14,039
Common Stock	2.33	2.31	2.3	2.29	2.22
Additional Paid-In Capital	1,456	2,060	2,368	2,698	2,898
Retained Earnings	-1,042	-1,547	-2,443	-2,971	-3,328
Treasury Stock	-30.4	-6.87	-6.87	-6.87	-6.87
Comprehensive Income & Other	-114.87	-335.11	27.45	-90.08	-147.96
Total Common Equity	271.01	173.26	-52.31	-367.57	-582.65
Minority Interest	1,548	1,772	1,464	1,131	946.12
Shareholders' Equity	1,819	1,945	1,412	763.56	363.47
Total Liabilities & Equity	22,913	19,639	19,030	16,461	14,402
Total Debt	10,404	8,272	8,438	7,698	7,461
Net Cash (Debt)	-3,310	-2,176	-2,206	-2,092	-2,576
Net Cash Per Share	-14.28	-9.21	-9.55	-9.03	-11.86
Filing Date Shares Outstanding	232.37	231.11	229.42	230.27	223.81
Total Common Shares Outstanding	234.02	232.08	231.83	230.27	223.81
Working Capital	-54.46	-68.14	-451.09	-143.79	-171.63
Book Value Per Share	1.16	0.75	-0.23	-1.60	-2.60
Tangible Book Value	-4,066	-3,814	-4,283	-4,316	-4,569
Tangible Book Value Per Share	-17.37	-16.43	-18.47	-18.74	-20.41
Land	2,873	2,326	2,044	1,648	1,324
Machinery	1,768	1,625	1,535	1,447	1,322
Construction In Progress	830.88	386.88	317.03	244.62	173.87

Source: S&P Global Market Intelligence. Standard template. Financial Sources.