Live Nation Entertainment Statistics
Total Valuation
LYV has a market cap or net worth of $20.76 billion. The enterprise value is $22.96 billion.
| Market Cap | 20.76B |
| Enterprise Value | 22.96B |
Important Dates
The next confirmed earnings date is Thursday, May 2, 2024, after market close.
| Earnings Date | May 2, 2024 |
| Ex-Dividend Date | n/a |
Share Statistics
LYV has 230.80 million shares outstanding. The number of shares has decreased by -0.25% in one year.
| Shares Outstanding | 230.80M |
| Shares Change (YoY) | -0.25% |
| Shares Change (QoQ) | -10.52% |
| Owned by Insiders (%) | 32.20% |
| Owned by Institutions (%) | 75.50% |
| Float | 158.34M |
Valuation Ratios
The trailing PE ratio is 65.66 and the forward PE ratio is 50.69. LYV's PEG ratio is 2.17.
| PE Ratio | 65.66 |
| Forward PE | 50.69 |
| PS Ratio | 0.91 |
| Forward PS | 0.84 |
| PB Ratio | n/a |
| P/FCF Ratio | 22.27 |
| PEG Ratio | 2.17 |
Enterprise Valuation
The stock's EV/EBITDA ratio is 17.13, with an EV/FCF ratio of 24.63.
| EV / Earnings | 40.76 |
| EV / Sales | 1.01 |
| EV / EBITDA | 17.13 |
| EV / EBIT | 21.38 |
| EV / FCF | 24.63 |
Financial Position
The company has a current ratio of 0.96
| Current Ratio | 0.96 |
| Quick Ratio | 0.83 |
| Debt / Equity | n/a |
| Debt / EBITDA | 6.30 |
| Debt / FCF | 9.05 |
| Interest Coverage | 3.07 |
Financial Efficiency
Return on equity (ROE) is -507.90% and return on invested capital (ROIC) is 9.53%.
| Return on Equity (ROE) | -507.90% |
| Return on Assets (ROA) | 2.90% |
| Return on Capital (ROIC) | 9.53% |
| Revenue Per Employee | $717,636 |
| Profits Per Employee | $17,769 |
| Employee Count | 31,700 |
| Asset Turnover | 1.18 |
| Inventory Turnover | n/a |
Taxes
In the past 12 months, LYV has paid $160.23 million in taxes.
| Income Tax | 160.23M |
| Effective Tax Rate | 22.15% |
Stock Price Statistics
The stock price has increased by +32.78% in the last 52 weeks. The beta is 1.31, so LYV's price volatility has been higher than the market average.
| Beta (1Y) | 1.31 |
| 52-Week Price Change | +32.78% |
| 50-Day Moving Average | 98.58 |
| 200-Day Moving Average | 89.94 |
| Relative Strength Index (RSI) | 26.49 |
| Average Volume (30 Days) | 2,407,308 |
Short Selling Information
The latest short interest is 13.77 million, so 5.97% of the outstanding shares have been sold short.
| Short Interest | 13.77M |
| Short Previous Month | 12.59M |
| Short % of Shares Out | 5.97% |
| Short % of Float | 8.70% |
| Short Ratio (days to cover) | 6.12 |
Income Statement
In the last 12 months, LYV had revenue of $22.75 billion and earned $563.28 million in profits. Earnings per share was $1.37.
| Revenue | 22.75B |
| Gross Profit | 5.46B |
| Operating Income | 1.03B |
| Pretax Income | 723.51M |
| Net Income | 563.28M |
| EBITDA | 1.34B |
| EBIT | 1.07B |
| Earnings Per Share (EPS) | $1.37 |
Balance Sheet
The company has $6.24 billion in cash and $8.44 billion in debt, giving a net cash position of -$2.20 billion or -$9.53 per share.
| Cash & Cash Equivalents | 6.24B |
| Total Debt | 8.44B |
| Net Cash | -2.20B |
| Net Cash Per Share | -$9.53 |
| Equity / Book Value | -17.15M |
| Book Value Per Share | -0.07 |
| Working Capital | -382.15M |
Cash Flow
In the last 12 months, operating cash flow was $1.37 billion and capital expenditures -$438.60 million, giving a free cash flow of $932.19 million.
| Operating Cash Flow | 1.37B |
| Capital Expenditures | -438.60M |
| Free Cash Flow | 932.19M |
| FCF Per Share | $4.08 |
Margins
Gross margin is 23.99%, with operating and profit margins of 4.53% and 2.48%.
| Gross Margin | 23.99% |
| Operating Margin | 4.53% |
| Pretax Margin | 3.18% |
| Profit Margin | 2.48% |
| EBITDA Margin | 5.89% |
| EBIT Margin | 4.72% |
| FCF Margin | 4.10% |
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 | 0.25% |
| Shareholder Yield | 0.25% |
| Earnings Yield | 2.71% |
| FCF Yield | 4.49% |
Analyst Forecast
The average price target for LYV is $113.36, which is 26.01% higher than the current price. The consensus rating is "Strong Buy".
| Price Target | $113.36 |
| Price Target Difference | 26.01% |
| Analyst Consensus | Strong Buy |
| Analyst Count | 14 |
| Revenue Growth Forecast (5Y) | 7.44% |
| EPS Growth Forecast (5Y) | 45.09% |
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 1.85 and a Piotroski F-Score of 5. A Z-score under 3 suggests an increased risk of bankruptcy.
| Altman Z-Score | 1.85 |
| Piotroski F-Score | 5 |