Live Nation Entertainment (LYV)
Communication Services · Live entertainment and ticketing
The world's largest live entertainment company, connecting 805 million fans through concerts, ticketing platforms, venues, and artist management across 55 countries.
What Live Nation Entertainment does
Live Nation Entertainment operates as an integrated live entertainment platform, producing and promoting concerts and live events globally while operating 460 venues worldwide. The company sells tickets through Ticketmaster, the world's leading ticketing platform that distributed 646 million tickets in 2025, and serves as a major artist management company representing music artists across all genres. Live Nation generates revenue through concert promotion, ticket sales and services, artist management, venue operations, and sponsorship and advertising partnerships with corporate brands seeking to connect with fans.
Themes: ["Live events and concerts","Ticketing and distribution","Venue infrastructure and real estate","Artist management","Music sponsorship and advertising","Global fan engagement platforms","Digital marketplace and mobile commerce"]
Fundamentals
- Price$182.58 as of 2026-07-09 close
- Market cap$42.5B as of 2026-07-10
- 1-year return+27.2% as of 2026-07-09 close
- P/E508.00 as of 2026-07-10
- Net margin+0.3% as of 2026-07-10
- Gross margin+25.9% as of 2026-07-10
- ROE+157.7% as of 2026-07-10
- Debt / equity30.26 as of 2026-07-10
- Revenue growth (YoY)+12.6% as of 2026-07-10
- Revenue CAGR (3y)+14.7% SEC XBRL
- Beta1.11 as of 2026-07-10
Key risks (from latest filing)
["Operating leverage and profitability sensitivity: Q1 2026 showed operating loss of $370.5 million despite $3.8 billion revenue, with net margin only 0.33%, exposing vulnerability to demand fluctuations.","Dependence on live events and artist availability: Concert volume and attendance are subject to disruption from pandemics, economic downturns, artist cancellations, and competitive dynamics affecting overall industry growth.","Concentrated customer base and regulatory exposure: Ticketmaster faces ongoing antitrust and regulatory scrutiny, including congressional oversight and state-level enforcement actions related to ticket pricing, service fees, and market consolidation."]
Competitors & peers
- AEG Presents
- MSG Entertainment (MSG)
- ASM Global
- SFX Entertainment
- Eventim
Fundamentals: Finnhub, as of 2026-07-10. Filings: SEC EDGAR. Prices are delayed daily-close data.
Last updated 2026-07-09.
Informational only — NOT financial advice. All figures are delayed daily-close data from SEC EDGAR & Finnhub, shown with their as-of date.