Live Nation Entertainment Statistics
Total Valuation
LYV has a market cap or net worth of $22.22 billion. The enterprise value is $23.73 billion.
| Market Cap | 22.22B |
| Enterprise Value | 23.73B |
Important Dates
The next estimated earnings date is Thursday, July 25, 2024, after market close.
| Earnings Date | Jul 25, 2024 |
| Ex-Dividend Date | n/a |
Share Statistics
LYV has 229.74 million shares outstanding. The number of shares has increased by 0.57% in one year.
| Shares Outstanding | 229.74M |
| Shares Change (YoY) | +0.57% |
| Shares Change (QoQ) | +5.04% |
| Owned by Insiders (%) | 32.22% |
| Owned by Institutions (%) | 75.85% |
| Float | 159.38M |
Valuation Ratios
The trailing PE ratio is 92.10 and the forward PE ratio is 45.53. LYV's PEG ratio is 2.17.
| PE Ratio | 92.10 |
| Forward PE | 45.53 |
| PS Ratio | 0.95 |
| Forward PS | 0.87 |
| PB Ratio | n/a |
| P/FCF Ratio | 29.70 |
| PEG Ratio | 2.17 |
Enterprise Valuation
The stock's EV/EBITDA ratio is 15.14, with an EV/FCF ratio of 31.72.
| EV / Earnings | 94.12 |
| EV / Sales | 1.01 |
| EV / EBITDA | 15.14 |
| EV / EBIT | 22.96 |
| EV / FCF | 31.72 |
Financial Position
The company has a current ratio of 0.92
| Current Ratio | 0.92 |
| Quick Ratio | 0.78 |
| Debt / Equity | n/a |
| Debt / EBITDA | 5.12 |
| Debt / FCF | 10.72 |
| Interest Coverage | 3.02 |
Financial Efficiency
Return on equity (ROE) is -1,033.10% and return on invested capital (ROIC) is 8.94%.
| Return on Equity (ROE) | -1,033.10% |
| Return on Assets (ROA) | 1.30% |
| Return on Capital (ROIC) | 8.94% |
| Revenue Per Employee | $738,839 |
| Profits Per Employee | $7,953 |
| Employee Count | 31,700 |
| Asset Turnover | 1.20 |
| Inventory Turnover | n/a |
Taxes
In the past 12 months, LYV has paid $171.80 million in taxes.
| Income Tax | 171.80M |
| Effective Tax Rate | 40.53% |
Stock Price Statistics
The stock price has increased by +5.40% 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 | +5.40% |
| 50-Day Moving Average | 93.08 |
| 200-Day Moving Average | 91.17 |
| Relative Strength Index (RSI) | 62.26 |
| Average Volume (20 Days) | 2,291,804 |
Short Selling Information
The latest short interest is 12.40 million, so 5.40% of the outstanding shares have been sold short.
| Short Interest | 12.40M |
| Short Previous Month | 11.97M |
| Short % of Shares Out | 5.40% |
| Short % of Float | 7.78% |
| Short Ratio (days to cover) | 5.80 |
Income Statement
In the last 12 months, LYV had revenue of $23.42 billion and earned $252.10 million in profits. Earnings per share was $1.05.
| Revenue | 23.42B |
| Gross Profit | 5.60B |
| Operating Income | 940.62M |
| Pretax Income | 691.52M |
| Net Income | 252.10M |
| EBITDA | 1.57B |
| EBIT | 1.03B |
| Earnings Per Share (EPS) | $1.05 |
Balance Sheet
The company has $6.51 billion in cash and $8.02 billion in debt, giving a net cash position of -$1.51 billion or -$6.58 per share.
| Cash & Cash Equivalents | 6.51B |
| Total Debt | 8.02B |
| Net Cash | -1.51B |
| Net Cash Per Share | -$6.58 |
| Equity (Book Value) | -114.83M |
| Book Value Per Share | -0.50 |
| Working Capital | -900.63M |
Cash Flow
In the last 12 months, operating cash flow was $1.20 billion and capital expenditures -$455.77 million, giving a free cash flow of $748.05 million.
| Operating Cash Flow | 1.20B |
| Capital Expenditures | -455.77M |
| Free Cash Flow | 748.05M |
| FCF Per Share | $3.26 |
Margins
Gross margin is 23.90%, with operating and profit margins of 4.02% and 1.08%.
| Gross Margin | 23.90% |
| Operating Margin | 4.02% |
| Pretax Margin | 2.95% |
| Profit Margin | 1.08% |
| EBITDA Margin | 6.69% |
| EBIT Margin | 4.41% |
| FCF Margin | 3.19% |
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 | -0.57% |
| Shareholder Yield | -0.57% |
| Earnings Yield | 1.13% |
| FCF Yield | 3.37% |
Analyst Forecast
The average price target for LYV is $113.80, which is 17.68% higher than the current price. The consensus rating is "Strong Buy".
| Price Target | $113.80 |
| Price Target Difference | 17.68% |
| Analyst Consensus | Strong Buy |
| Analyst Count | 15 |
| Revenue Growth Forecast (5Y) | 7.09% |
| EPS Growth Forecast (5Y) | 35.82% |
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 1.8 and a Piotroski F-Score of 6. A Z-score under 3 suggests an increased risk of bankruptcy.
| Altman Z-Score | 1.8 |
| Piotroski F-Score | 6 |