STOCK TITAN

Live Nation Entertainment Inc Financials

LYV
Source SEC Filings (10-K/10-Q) Updated Dec 31, 2025 Currency USD FYE December

This page shows Live Nation Entertainment Inc (LYV) financial statements, including the income statement, balance sheet, cash flow statement, and key financial ratios. View 17 years of annual fundamentals and quarterly data, with year-over-year growth rates and compound annual growth rates (CAGR). All figures are derived from SEC filings (10-K and 10-Q reports).

Financial Health Signals

Profitability Growth Leverage Liquidity Cash Flow Returns 25 / 100
Financial Profile 25/100

Based on FY2025 annual data. Scores normalized against common benchmarks. How we calculate these scores

Profitability
25

Live Nation Entertainment Inc has an operating margin of 5.0%, meaning the company retains $5 of operating profit per $100 of revenue. This below-average margin results in a low score of 25/100, suggesting thin profitability after operating expenses. This is up from 3.6% the prior year.

Growth
0

Live Nation Entertainment Inc's revenue declined 99.9% year-over-year, from $23.2B to $25.2M. This contraction results in a growth score of 0/100.

Leverage
0

Live Nation Entertainment Inc has elevated debt relative to equity (D/E of 28.09), meaning the company relies heavily on borrowed funds. This high leverage results in a low score of 0/100, reflecting increased financial risk.

Liquidity
20

Live Nation Entertainment Inc's current ratio of 1.00 means current assets barely cover short-term liabilities. This tight liquidity results in a low score of 20/100, which could limit financial flexibility.

Cash Flow
7

While Live Nation Entertainment Inc generated $1.4M in operating cash flow, capex of $1.1M consumed most of it, leaving $334K in free cash flow. This results in a low score of 7/100, reflecting heavy capital investment rather than weak cash generation.

Returns
100

Live Nation Entertainment Inc earns a strong 183.0% return on equity (ROE), meaning it generates $183 of profit for every $100 of shareholders' equity. This efficient capital use earns a returns score of 100/100. This is down from 517.3% the prior year.

Altman Z-Score Safe
970.28

Live Nation Entertainment Inc scores 970.28, well above the 2.99 safe threshold. The score is driven primarily by a large market capitalization ($36.6B) relative to total liabilities ($22.6M). This indicates low bankruptcy risk based on profitability, leverage, and asset efficiency.

Piotroski F-Score Neutral
4/9

Live Nation Entertainment Inc passes 4 of 9 financial strength tests. 3 of 4 profitability signals pass, 1 of 3 leverage/liquidity signals pass, neither operating efficiency signal passes.

Earnings Quality Cash-Backed
2.81x

For every $1 of reported earnings, Live Nation Entertainment Inc generates $2.81 in operating cash flow ($1.4M OCF vs $496K net income). This indicates profits are well-supported by actual cash generation, not accounting adjustments.

Interest Coverage Adequate
4.0x

Live Nation Entertainment Inc earns $4.0 in operating income for every $1 of interest expense ($1.3M vs $316K). This adequate coverage means the company can meet its interest obligations, but has limited cushion if earnings fall.

Key Financial Metrics

Export CSV
Revenue
$25.2M
YoY-99.9%
5Y CAGR-57.7%
10Y CAGR-43.2%

Live Nation Entertainment Inc generated $25.2M in revenue in fiscal year 2025. This represents a decrease of 99.9% from the prior year.

EBITDA
$1.9M
YoY-99.9%
10Y CAGR-43.1%

Live Nation Entertainment Inc's EBITDA was $1.9M in fiscal year 2025, measuring earnings before interest, taxes, depreciation, and amortization. This represents a decrease of 99.9% from the prior year.

Free Cash Flow
$334K
YoY-100.0%
10Y CAGR-46.2%

Live Nation Entertainment Inc generated $334K in free cash flow in fiscal year 2025, representing cash available after capex. This represents a decrease of 100.0% from the prior year.

Net Income
$496K
YoY-99.9%

Live Nation Entertainment Inc reported $496K in net income in fiscal year 2025. This represents a decrease of 99.9% from the prior year.

EPS (Diluted)
$0.24
YoY-91.2%

Live Nation Entertainment Inc earned $0.24 per diluted share (EPS) in fiscal year 2025. This represents a decrease of 91.2% from the prior year.

Cash & Debt
$7.1M
YoY-99.9%
5Y CAGR-69.1%
10Y CAGR-40.6%

Live Nation Entertainment Inc held $7.1M in cash against $7.6M in long-term debt as of fiscal year 2025.

Dividends Per Share
N/A
Shares Outstanding
235M
YoY+0.9%
5Y CAGR+1.5%
10Y CAGR+1.5%

Live Nation Entertainment Inc had 235M shares outstanding in fiscal year 2025. This represents an increase of 0.9% from the prior year.

Gross Margin
N/A
Operating Margin
5.0%
YoY+1.4pp
5Y CAGR+93.8pp
10Y CAGR+3.1pp

Live Nation Entertainment Inc's operating margin was 5.0% in fiscal year 2025, reflecting core business profitability. This is up 1.4 percentage points from the prior year.

Net Margin
2.0%
YoY-1.9pp
5Y CAGR+94.6pp
10Y CAGR+2.4pp

Live Nation Entertainment Inc's net profit margin was 2.0% in fiscal year 2025, showing the share of revenue converted to profit. This is down 1.9 percentage points from the prior year.

Return on Equity
183.0%
YoY-334.3pp

Live Nation Entertainment Inc's ROE was 183.0% in fiscal year 2025, measuring profit generated per dollar of shareholder equity. This is down 334.3 percentage points from the prior year.

R&D Spending
N/A
Share Buybacks
$24K

Live Nation Entertainment Inc spent $24K on share buybacks in fiscal year 2025, returning capital to shareholders by reducing shares outstanding.

Capital Expenditures
$1.1M
YoY-99.8%
5Y CAGR-65.4%
10Y CAGR-38.7%

Live Nation Entertainment Inc invested $1.1M in capex in fiscal year 2025, funding long-term assets and infrastructure. This represents a decrease of 99.8% from the prior year.

LYV Income Statement

Metric Q3'25 Q2'25 Q1'25 Q3'24 Q2'24 Q1'24 Q4'23 Q3'23
Revenue $8.5B+21.3% $7.0B+107.2% $3.4B-40.5% $5.7B-5.7% $6.0B+58.5% $3.8B-34.7% $5.8B-28.6% $8.2B
Cost of Revenue N/A N/A N/A N/A N/A N/A N/A N/A
Gross Profit N/A N/A N/A N/A N/A N/A N/A N/A
R&D Expenses N/A N/A N/A N/A N/A N/A N/A N/A
SG&A Expenses $1.0B+0.5% $1.0B+28.8% $778.9M-34.2% $1.2B+27.7% $926.2M-5.6% $981.6M-4.2% $1.0B+5.1% $974.1M
Operating Income $792.5M+62.8% $486.7M+324.0% $114.8M+147.9% -$239.4M-151.4% $465.8M+1225.4% -$41.4M+49.2% -$81.5M-112.5% $653.7M
Interest Expense $80.3M+11.4% $72.0M-10.3% $80.3M+3.9% $77.4M-3.3% $80.0M-0.9% $80.7M-13.1% $92.8M+7.7% $86.2M
Income Tax $251.8M+114.1% $117.6M+496.8% $19.7M+103.4% -$583.1M-827.4% $80.2M+95.4% $41.0M-50.2% $82.4M+63.9% $50.3M
Net Income $431.5M+77.3% $243.4M+949.0% $23.2M-88.5% $201.0M-32.5% $298.0M+647.0% -$54.5M+76.6% -$232.9M-144.7% $521.5M
EPS (Diluted) $0.73+78.0% $0.41+228.1% $-0.32-152.5% $0.61-40.8% $1.03+283.9% $-0.56+55.6% $-1.26-165.3% $1.93

LYV Balance Sheet

Metric Q3'25 Q2'25 Q1'25 Q3'24 Q2'24 Q1'24 Q4'23 Q3'23
Total Assets $22.9B-1.1% $23.2B+6.1% $21.8B+11.1% $19.6B-4.0% $20.5B+2.1% $20.0B+5.3% $19.0B-0.6% $19.1B
Current Assets $11.3B-4.4% $11.8B+6.8% $11.1B+19.1% $9.3B-13.0% $10.7B+2.5% $10.4B+9.4% $9.5B-4.7% $10.0B
Cash & Equivalents $6.8B-4.3% $7.1B-1.4% $7.2B+17.4% $6.1B-4.7% $6.4B-1.6% $6.5B+4.3% $6.2B+4.8% $5.9B
Inventory N/A N/A N/A $50.1M N/A N/A $45.1M N/A
Accounts Receivable $2.6B+5.8% $2.5B+33.2% $1.9B+5.9% $1.7B-29.1% $2.5B+8.1% $2.3B+12.6% $2.0B-19.1% $2.5B
Goodwill $2.8B+0.7% $2.8B+4.4% $2.7B+3.1% $2.6B-1.6% $2.7B-1.3% $2.7B+0.3% $2.7B+1.4% $2.7B
Total Liabilities $22.4B-1.9% $22.8B+4.9% $21.7B+11.6% $19.5B-5.0% $20.5B+1.7% $20.1B+5.6% $19.1B+0.9% $18.9B
Current Liabilities $12.3B-8.8% $13.5B+16.9% $11.5B+23.1% $9.4B-19.5% $11.6B+2.6% $11.3B+13.5% $10.0B+14.1% $8.8B
Long-Term Debt $6.1B+22.4% $5.0B-15.8% $5.9B-4.0% $6.2B+21.6% $5.1B0.0% $5.1B-6.9% $5.5B-16.6% $6.5B
Total Equity $521.3M+44.8% $360.1M+239.7% $106.0M-38.8% $173.3M+500.5% -$43.3M+62.3% -$114.8M-119.5% -$52.3M-123.6% $221.8M
Retained Earnings -$839.9M+33.9% -$1.3B+16.1% -$1.5B+2.1% -$1.5B+28.3% -$2.2B+12.1% -$2.5B-0.5% -$2.4B-11.2% -$2.2B

LYV Cash Flow Statement

Metric Q3'25 Q2'25 Q1'25 Q3'24 Q2'24 Q1'24 Q4'23 Q3'23
Operating Cash Flow -$95.7M-142.8% $223.5M-83.1% $1.3B+26.4% $1.0B+153.6% $412.1M-58.3% $988.9M+62.5% $608.4M+168.2% -$892.2M
Capital Expenditures $275.6M+4.6% $263.4M+54.2% $170.8M+10.3% $154.9M-22.4% $199.6M+48.9% $134.1M+0.2% $133.7M+30.7% $102.4M
Free Cash Flow -$371.3M-829.4% -$39.9M-103.5% $1.2B+29.2% $890.2M+319.0% $212.4M-75.1% $854.8M+80.1% $474.6M+147.7% -$994.6M
Investing Cash Flow -$340.3M-23.7% -$275.0M-26.5% -$217.4M-2.8% -$211.5M+19.8% -$263.7M-54.5% -$170.7M+26.4% -$231.8M-40.7% -$164.8M
Financing Cash Flow $175.7M+154.0% -$325.3M-87.8% -$173.2M-610.7% $33.9M+120.6% -$164.6M+65.6% -$478.4M-261.8% -$132.2M-362.6% -$28.6M
Dividends Paid N/A N/A N/A N/A N/A N/A N/A N/A
Share Buybacks N/A N/A N/A N/A N/A N/A N/A N/A

LYV Financial Ratios

Metric Q3'25 Q2'25 Q1'25 Q3'24 Q2'24 Q1'24 Q4'23 Q3'23
Gross Margin N/A N/A N/A N/A N/A N/A N/A N/A
Operating Margin 9.3%+2.4pp 7.0%+3.6pp 3.4%+7.6pp -4.2%-11.9pp 7.7%+8.8pp -1.1%+0.3pp -1.4%-9.4pp 8.0%
Net Margin 5.1%+1.6pp 3.5%+2.8pp 0.7%-2.9pp 3.5%-1.4pp 5.0%+6.4pp -1.4%+2.6pp -4.0%-10.4pp 6.4%
Return on Equity 82.8%+15.2pp 67.6%+45.7pp 21.9%-94.1pp 116.0% N/A N/A N/A 235.2%
Return on Assets 1.9%+0.8pp 1.1%+0.9pp 0.1%-0.9pp 1.0%-0.4pp 1.5%+1.7pp -0.3%+1.0pp -1.2%-3.9pp 2.7%
Current Ratio 0.92+0.0 0.88-0.1 0.96-0.0 0.99+0.1 0.920.0 0.92-0.0 0.95-0.2 1.14
Debt-to-Equity 11.71-2.1 13.86-42.1 55.93+20.3 35.65+153.1 -117.43-73.2 -44.26+60.1 -104.37-133.9 29.52
FCF Margin -4.4%-3.8pp -0.6%-34.6pp 34.0%+18.4pp 15.7%+12.1pp 3.5%-19.0pp 22.5%+14.3pp 8.2%+20.4pp -12.2%

Note: The current ratio is below 1.0 (1.00), indicating current liabilities exceed current assets, which may suggest potential short-term liquidity concerns.

Similar Companies

Frequently Asked Questions

What is Live Nation Entertainment Inc's annual revenue?

Live Nation Entertainment Inc (LYV) reported $25.2M in total revenue for fiscal year 2025. This represents a -99.9% change compared to the previous fiscal year. Revenue measures the total income earned from the company's primary business operations before any expenses are deducted.

How fast is Live Nation Entertainment Inc's revenue growing?

Live Nation Entertainment Inc (LYV) revenue declined by 99.9% year-over-year, from $23.2B to $25.2M in fiscal year 2025.

Is Live Nation Entertainment Inc profitable?

Yes, Live Nation Entertainment Inc (LYV) reported a net income of $496K in fiscal year 2025, with a net profit margin of 2.0%.

What is Live Nation Entertainment Inc's earnings per share (EPS)?

Live Nation Entertainment Inc (LYV) reported diluted earnings per share of $0.24 for fiscal year 2025. This represents a -91.2% change compared to the previous fiscal year. EPS represents the portion of a company's net income allocated to each outstanding share of common stock and is widely used to evaluate profitability on a per-share basis.

What is Live Nation Entertainment Inc's EBITDA?

Live Nation Entertainment Inc (LYV) had EBITDA of $1.9M in fiscal year 2025, measuring earnings before interest, taxes, depreciation, and amortization.

How much debt does Live Nation Entertainment Inc have?

As of fiscal year 2025, Live Nation Entertainment Inc (LYV) had $7.1M in cash and equivalents against $7.6M in long-term debt.

What is Live Nation Entertainment Inc's operating margin?

Live Nation Entertainment Inc (LYV) had an operating margin of 5.0% in fiscal year 2025, reflecting the profitability of core business operations before interest and taxes.

What is Live Nation Entertainment Inc's net profit margin?

Live Nation Entertainment Inc (LYV) had a net profit margin of 2.0% in fiscal year 2025, representing the share of revenue converted into profit after all expenses.

What is Live Nation Entertainment Inc's return on equity (ROE)?

Live Nation Entertainment Inc (LYV) has a return on equity of 183.0% for fiscal year 2025, measuring how efficiently the company generates profit from shareholder equity.

What is Live Nation Entertainment Inc's free cash flow?

Live Nation Entertainment Inc (LYV) generated $334K in free cash flow during fiscal year 2025. This represents a -100.0% change compared to the previous fiscal year. Free cash flow represents the cash a company generates after accounting for capital expenditures, and is widely used to assess financial flexibility and shareholder value.

What is Live Nation Entertainment Inc's operating cash flow?

Live Nation Entertainment Inc (LYV) generated $1.4M in operating cash flow during fiscal year 2025, representing cash generated from core business activities.

What are Live Nation Entertainment Inc's total assets?

Live Nation Entertainment Inc (LYV) had $22.9M in total assets as of fiscal year 2025, including both current and long-term assets.

What are Live Nation Entertainment Inc's capital expenditures?

Live Nation Entertainment Inc (LYV) invested $1.1M in capital expenditures during fiscal year 2025, funding long-term assets and infrastructure.

Does Live Nation Entertainment Inc buy back shares?

Yes, Live Nation Entertainment Inc (LYV) spent $24K on share buybacks during fiscal year 2025, returning capital to shareholders by reducing shares outstanding.

How many shares does Live Nation Entertainment Inc have outstanding?

Live Nation Entertainment Inc (LYV) had 235M shares outstanding as of fiscal year 2025.

What is Live Nation Entertainment Inc's current ratio?

Live Nation Entertainment Inc (LYV) had a current ratio of 1.00 as of fiscal year 2025, which is below 1.0, which may suggest potential liquidity concerns.

What is Live Nation Entertainment Inc's debt-to-equity ratio?

Live Nation Entertainment Inc (LYV) had a debt-to-equity ratio of 28.09 as of fiscal year 2025, measuring the company's financial leverage by comparing total debt to shareholder equity.

What is Live Nation Entertainment Inc's return on assets (ROA)?

Live Nation Entertainment Inc (LYV) had a return on assets of 2.2% for fiscal year 2025, measuring how efficiently the company uses its assets to generate profit.

What is Live Nation Entertainment Inc's Altman Z-Score?

Live Nation Entertainment Inc (LYV) has an Altman Z-Score of 970.28, placing it in the Safe Zone (low bankruptcy risk). The Z-Score combines five financial ratios—working capital, retained earnings, EBIT, market capitalization, and revenue relative to total assets—to predict the likelihood of bankruptcy. Scores above 2.99 indicate financial safety while scores below 1.81 suggest financial distress. Learn more in our complete guide to financial health indicators.

What is Live Nation Entertainment Inc's Piotroski F-Score?

Live Nation Entertainment Inc (LYV) has a Piotroski F-Score of 4 out of 9, indicating neutral financial health. The F-Score evaluates nine binary signals across profitability (positive ROA, positive cash flow, improving ROA, earnings quality), leverage (decreasing debt, improving liquidity, no share dilution), and operating efficiency (improving gross margin, improving asset turnover). Scores of 7–9 indicate strong and improving fundamentals. Learn more in our complete guide to financial health indicators.

Are Live Nation Entertainment Inc's earnings high quality?

Live Nation Entertainment Inc (LYV) has an earnings quality ratio of 2.81x, considered cash-backed (high quality). This ratio compares operating cash flow to net income. A ratio above 1.0x means the company generates more cash than its reported earnings, indicating sustainable, cash-backed profits. Ratios below 1.0x suggest earnings rely on accounting accruals rather than actual cash generation. Learn more in our complete guide to financial health indicators.

Can Live Nation Entertainment Inc cover its interest payments?

Live Nation Entertainment Inc (LYV) has an interest coverage ratio of 4.0x, meaning it can adequately cover its interest obligations. This ratio divides operating income by interest expense. Ratios above 5x indicate strong debt-servicing ability, while ratios below 2x suggest the company may face difficulty meeting interest payments if earnings decline. Learn more in our complete guide to financial health indicators.

How financially healthy is Live Nation Entertainment Inc?

Live Nation Entertainment Inc (LYV) scores 25 out of 100 on our Financial Profile, indicating weak overall financial health. This composite score evaluates six dimensions: profitability (operating margin), revenue growth, leverage (debt-to-equity), liquidity (current ratio), cash flow quality (free cash flow margin), and shareholder returns (return on equity). Each dimension is normalized against standard financial benchmarks. Learn more in our complete guide to financial health indicators.