Live Nation Entertainment, Inc. (LYV)
NYSE: LYV · Real-Time Price · USD
118.81
+0.38 (0.32%)
Oct 29, 2024, 4:00 PM EDT - Market closed

Live Nation Entertainment Statistics

Total Valuation

LYV has a market cap or net worth of $27.36 billion. The enterprise value is $30.60 billion.

Market Cap 27.36B
Enterprise Value 30.60B

Important Dates

The next confirmed earnings date is Tuesday, November 12, 2024, before market open.

Earnings Date Nov 12, 2024
Ex-Dividend Date n/a

Share Statistics

LYV has 230.32 million shares outstanding. The number of shares has increased by 0.27% in one year.

Shares Outstanding 230.32M
Shares Change (YoY) +0.27%
Shares Change (QoQ) +6.77%
Owned by Insiders (%) 2.19%
Owned by Institutions (%) 69.94%
Float 158.45M

Valuation Ratios

The trailing PE ratio is 107.98 and the forward PE ratio is 56.56. LYV's PEG ratio is 2.11.

PE Ratio 107.98
Forward PE 56.56
PS Ratio 1.14
Forward PS 1.09
PB Ratio n/a
P/FCF Ratio 49.29
PEG Ratio 2.11
Financial Ratio History

Enterprise Valuation

The stock's EV/EBITDA ratio is 16.87, with an EV/FCF ratio of 55.12.

EV / Earnings 119.67
EV / Sales 1.28
EV / EBITDA 16.87
EV / EBIT 23.94
EV / FCF 55.12

Financial Position

The company has a current ratio of 0.92, with a Debt / Equity ratio of 5.15.

Current Ratio 0.92
Quick Ratio 0.76
Debt / Equity 5.15
Debt / EBITDA 3.52
Debt / FCF 14.47
Interest Coverage 3.76

Financial Efficiency

Return on equity (ROE) is 52.39% and return on invested capital (ROIC) is 8.35%.

Return on Equity (ROE) 52.39%
Return on Assets (ROA) 3.96%
Return on Capital (ROIC) 8.35%
Revenue Per Employee $751,227
Profits Per Employee $8,066
Employee Count 31,700
Asset Turnover 1.18
Inventory Turnover n/a

Taxes

In the past 12 months, LYV has paid $210.32 million in taxes.

Income Tax 210.32M
Effective Tax Rate 23.03%

Stock Price Statistics

The stock price has increased by +54.30% in the last 52 weeks. The beta is 1.35, so LYV's price volatility has been higher than the market average.

Beta (5Y) 1.35
52-Week Price Change +54.30%
50-Day Moving Average 105.77
200-Day Moving Average 97.47
Relative Strength Index (RSI) 76.87
Average Volume (20 Days) 1,812,952

Short Selling Information

The latest short interest is 13.63 million, so 5.92% of the outstanding shares have been sold short.

Short Interest 13.63M
Short Previous Month 12.91M
Short % of Shares Out 5.92%
Short % of Float 8.60%
Short Ratio (days to cover) 5.80

Income Statement

In the last 12 months, LYV had revenue of $23.81 billion and earned $255.69 million in profits. Earnings per share was $1.10.

Revenue 23.81B
Gross Profit 5.75B
Operating Income 1.28B
Pretax Income 734.32M
Net Income 255.69M
EBITDA 1.81B
EBIT 1.28B
Earnings Per Share (EPS) $1.10
Full Income Statement

Balance Sheet

The company has $6.40 billion in cash and $8.03 billion in debt, giving a net cash position of -$1.63 billion or -$7.09 per share.

Cash & Cash Equivalents 6.40B
Total Debt 8.03B
Net Cash -1.63B
Net Cash Per Share -$7.09
Equity (Book Value) 1.56B
Book Value Per Share -0.19
Working Capital -943.02M
Full Balance Sheet

Cash Flow

In the last 12 months, operating cash flow was $1.12 billion and capital expenditures -$569.76 million, giving a free cash flow of $555.14 million.

Operating Cash Flow 1.12B
Capital Expenditures -569.76M
Free Cash Flow 555.14M
FCF Per Share $2.41
Full Cash Flow Statement

Margins

Gross margin is 24.14%, with operating and profit margins of 5.37% and 2.20%.

Gross Margin 24.14%
Operating Margin 5.37%
Pretax Margin 3.83%
Profit Margin 2.20%
EBITDA Margin 7.61%
EBIT Margin 5.37%
FCF Margin 2.33%

Dividends & Yields

LYV does not appear to pay any dividends at this time.

Dividend Per Share n/a
Dividend Yield n/a
Dividend Growth (YoY) n/a
Years of Dividend Growth n/a
Payout Ratio n/a
Buyback Yield -0.27%
Shareholder Yield -0.27%
Earnings Yield 0.93%
FCF Yield 2.03%
Dividend Details

Analyst Forecast

The average price target for LYV is $123.00, which is 3.53% higher than the current price. The consensus rating is "Strong Buy".

Price Target $123.00
Price Target Difference 3.53%
Analyst Consensus Strong Buy
Analyst Count 14
Revenue Growth Forecast (5Y) 7.09%
EPS Growth Forecast (5Y) 35.82%
Stock Forecasts

Stock Splits

This stock does not have any record of stock splits.

Last Split Date n/a
Split Type n/a
Split Ratio n/a

Scores

LYV has an Altman Z-Score of 1.83 and a Piotroski F-Score of 6. A Z-score under 3 suggests an increased risk of bankruptcy.

Altman Z-Score 1.83
Piotroski F-Score 6