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NYSE · SERVICES-AMUSEMENT & RECREATION SERVICES · LARGE CAP

Live Nation Entertainment, Inc. LYV

17 fiscal years on record · USD · FY2025 reported · SEC filings only
$25.2B
▲ 8.8% YoY
$496.0M
▼ 44.7% YoY
$333.6M
▼ 69.1% YoY

Slide the table for earlier years · "·" marks a figure not available in our data for that year.

In brief

What this company does

Live Nation Entertainment owns, operates, has exclusive booking rights for, or has an equity interest in venues around the world, including House of Blues venues, The Fillmore in San Francisco, Brooklyn Bowl in New York City, the Hollywood Palladium in Los Angeles, the Moody Center arena in Austin, the Ziggo Dome in Amsterdam, 3Arena in Dublin, Royal Arena in Copenhagen and Spark Arena in Auckland. As of the end of 2025, it owned, leased, operated, held exclusive booking rights for, or held a significant-influence equity interest in 460 venues, with operations located across 55 countries. Its reportable segments are Concerts, Ticketing and Sponsorship & Advertising. The Concerts segment promotes live music events at owned or operated venues and rented third-party venues, operates and manages music venues, produces music festivals worldwide, and provides management and other services to artists, and it generated $20.9 billion, or 83% of total revenue, in 2025. The Ticketing segment operates primarily as an agency business that sells tickets for events on behalf of its clients and retains a portion of the service charge as its fee. The Sponsorship & Advertising segment generated $1.3 billion, or 5% of total revenue, in 2025.

Written from the business description in LIVE NATION ENTERTAINMENT, INC.'s annual report to the U.S. Securities and Exchange Commission, filed 19 February 2026. Every sentence was checked against that document before publication.

Growth

USD 25.2B
Revenue, FY2025 · full 17-year series below
Revenue $B Net income $B
FY2025 · Revenue 25.2 · Net income 0.5
10B20B
2009201220152018202120242025
Compound annual growth
+14.7%
+68.4%
+13.3%
+11.3%
+23.0%
3 yrs
5 yrs
10 yrs
15 yrs

Revenue compounded at +68.4% a year over the five years to FY2025.

Compound annual rates per period — left blank where that exact year isn't on file, the series crosses a loss, or (per-share rows) a split falls inside the window.

Profitability

3 cents
of every revenue dollar became profit
Operating margin Net margin
FY2025 · Operating 5.0% · Net 2.7%
-50%
200920172025
ROE
FY2025 · ROE 223.3%
100%200%
200920172025
Three returns, three denominators.

Each USD of equity produced 223 cents of profit this year.

Cash & shareholders

USD 18.4M
returned in FY2025 · dividends + net buybacks
Free cash flow $B
FY2025 · FCF 0.3
1.0B2.0B-0.5B-1.0B
200920172025
Net buybacks $M Dividends $M
FY2025 · Dividends · · Net buybacks 18.4
10M20M-30M-60M
2009201020112012202320242025

USD 18.4M in buybacks — 4% of the year's profit went back to shareholders.

Total assetsUSD 22.9B
EquityUSD 271.0M
CashUSD 7.1B
Gross debtUSD 7.6B
Net debtUSD 517.8M
Current ratio1.00×

Net debt stands at 191% of equity.

The 17-year record

17 fiscal years
Every figure from documents filed with the SEC · USD

EPS, diluted, dividend per share and shares outstanding are shown without shading, and a vertical line marks the year the share count changed — the series crosses a large, unexplained change in share count, so the years on either side are not on a comparable scale.

row low → row highnegative—not applicable◌not available in our data
LYV, 17-year financial record
Metric 20252024202320222021202020192018201720162015201420132012201120102009
Revenue $B25.223.222.716.76.31.911.510.89.77.87.26.96.55.85.45.14.2
Operating income $B1.30.81.10.7−0.4−1.70.30.30.10.20.10.00.1−0.00.0−0.1−0.1
EBITDA $B1.61.11.40.9−0.2−1.40.50.50.20.30.30.10.30.10.10.10.0
Income tax $B0.3−0.40.20.1−0.0−0.00.10.0−0.00.00.00.00.00.0−0.00.00.0
Net income $B0.50.90.60.3−0.7−1.70.10.1−0.00.0−0.0−0.1−0.0−0.2−0.1−0.2−0.1
Free cash flow $B0.31.10.91.51.6−1.30.10.70.40.40.20.20.30.20.00.1−0.0
EPS, diluted $−0.242.741.340.52−3.09−8.12−0.02−0.09−0.48−0.23−0.33−0.49−0.23−0.88−0.46−1.39−0.73
Dividend / sh $◌◌◌◌◌◌◌◌◌◌◌◌◌◌◌◌◌
Payout % — not applicable: no dividend—————————————————
ROE %223.3—————6.25.3−0.50.2−2.6−6.7−3.1−11.6−5.9−21.9−8.3
Shares out B0.240.230.230.230.220.220.210.210.210.200.200.200.200.190.190.18◌

Slide the table for earlier years. "—" not applicable · "◌" not available in our data.

Compare

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Provenance

Company facts, as filed

How we verify · 0 failures in 66 reconciliationsAUDITED

Reconciled in 17 of the 17 fiscal years we could check. Six checks were skipped: the balance sheet is not tagged before 2010. Two checks were skipped: EPS is not tagged before 2009. Two checks were skipped: revenue is not tagged before 2009.

EPS recomputationBalance-sheet identityGross profitBalance-sheet liquidityCurrency consistency0 failures
ActivityServices-Amusement & Recreation Services
Listed onNYSE
Incorporated inDelaware
Fiscal year endsDecember 31
Data on record since2009

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