Live Nation Entertainment, Inc.

Live Nation Entertainment, Inc.

174.77
USD
-0.27
(-0.15%)
1.54EPS
316.09P/E
42.64BMarket Cap
Oct 29Next Earn

Total Valuation

USD

As of June 30, 2026, Live Nation Entertainment, Inc. carries a market capitalization of 42.64B, placing it among publicly traded companies globally. Its enterprise value stands at 46.59B, reflecting the total theoretical takeover cost after accounting for cash holdings and debt obligations.

Market Cap42.64B
Enterprise Value46.59B

Important Dates

Live Nation Entertainment, Inc.'s next confirmed earnings release is scheduled for October 29, 2026.

Earnings Date10/29/2026

Share Statistics

As of June 30, 2026, Live Nation Entertainment, Inc. has 233.53M shares outstanding.

Shares Outstanding233.53M

Valuation Ratios

As of June 30, 2026, Live Nation Entertainment, Inc. trades at a trailing price-to-earnings ratio of 316.09. The price-to-sales ratio is 1.62, and the price-to-book ratio stands at 517.94.

PE Ratio316.09
PS Ratio1.62
PB Ratio517.94
P/TBV Ratio-9.36
P/FCF Ratio31.25
P/OCF Ratio16.32

Enterprise Valuation

As of June 30, 2026, Live Nation Entertainment, Inc. trades at an EV/EBITDA multiple of 31.28 - the valuation measure that neutralizes differences in capital structure, tax rates, and depreciation policy, making it the standard yardstick for comparing companies across an industry. The EV/Sales ratio of 1.77 reflects the premium investors pay for the company's revenue stream, a useful check when earnings are depressed or negative. Its EV/EBIT multiple of 58.15 values the business against core operating earnings after depreciation, a stricter test than EV/EBITDA for capital-intensive businesses. Live Nation Entertainment, Inc. trades at an EV/FCF ratio of 29.49, comparing the total takeover cost of the business to the cash it actually generates for all capital providers. These enterprise value multiples are built on an enterprise value of 46.59B versus a market cap of 42.64B, with the gap driven by net debt and cash on the balance sheet.

EV / Sales1.77
EV / EBITDA31.28
EV / EBIT58.15
EV / FCF29.49

Financial Position

As of June 30, 2026, Live Nation Entertainment, Inc. maintains a current ratio of 0.85, meaning it holds 0.8x the short-term assets needed to cover near-term liabilities. The debt-to-equity ratio is 620.21, indicating elevated leverage, while an interest coverage ratio of 4.24 demonstrates adequate ability to service its debt obligations.

Current Ratio0.85
Quick Ratio0.68
Debt / Equity620.21
Debt / EBITDA7.58
Interest Coverage4.24

Financial Efficiency

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Over the twelve months ended June 30, 2026, Live Nation Entertainment, Inc. posted a return on equity (ROE) of 60.90, showing how much profit the company earns on every dollar of shareholder capital. Return on invested capital (ROIC) comes in at 3.80 - the clearest signal of whether the business earns more on its capital than that capital costs, and the core measure of a durable competitive advantage. Return on assets (ROA) stands at 0.52, measuring how efficiently the asset base is converted into earnings. Return on capital employed (ROCE) is 0.85, useful for judging operating efficiency across full business cycles. The company generates approximately 1.52M in revenue per employee across its workforce of 17,325.00, a quick read on workforce productivity versus industry peers.

Return on Equity (ROE)60.90
Return on Assets (ROA)0.52
Return on Invested Capital (ROIC)3.80
Return on Capital Employed (ROCE)0.85
Revenue Per Employee1.52M
Employee Count17,325.00

Taxes

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Over the twelve months ended June 30, 2026, Live Nation Entertainment, Inc. recorded 286.06M in income tax expense. That works out to an effective tax rate of 43.97, which can sit above or below the statutory corporate tax rate depending on foreign earnings mix, tax credits, and one-off items. Taxes are levied on pretax income of 650.63M, leaving 134.70M in net income after tax - the gap is what shifts in the tax rate do to reported earnings and EPS.

Income Tax286.06M
Effective Tax Rate43.97

Stock Price Statistics

USD

As of the close on October 22, 2026, Live Nation Entertainment, Inc.'s stock has gained approximately 12.70% over the past 52 weeks. The 50-day moving average sits at 174.67, while the 200-day moving average is 165.63.

52-Week Price Change12.70%
50-Day Moving Average174.67
200-Day Moving Average165.63

Income Statement

USD

Over the twelve months ended June 30, 2026, Live Nation Entertainment, Inc. generated 26.27B in revenue and converted that into 134.70M in net income, yielding earnings per share of 1.54. EBITDA reached 1.49B, while operating income came in at 771.19M.

Revenue26.27B
Gross Profit6.77B
Operating Income771.19M
Pretax Income650.63M
Net Income134.70M
EBITDA1.49B
EBIT801.20M
Earnings Per Share (EPS)1.54

Balance Sheet

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As of June 30, 2026, Live Nation Entertainment, Inc. holds 9.07B in cash and equivalents against 11.28B in total debt, resulting in a net debt position of 129.52M. Total book value stands at 82.33M, with working capital of -2.61B providing operational flexibility.

Cash & Cash Equivalents9.07B
Total Debt11.28B
Net Debt129.52M
Equity (Book Value)82.33M
Book Value Per Share0.35
Working Capital-2.61B

Cash Flow

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Live Nation Entertainment, Inc. produced 2.61B in operating cash flow over the twelve months ended June 30, 2026. After subtracting -1.23B in capital expenditures, free cash flow totaled 1.38B - equivalent to 5.93 per share.

Operating Cash Flow2.61B
Capital Expenditures-1.23B
Free Cash Flow1.38B
FCF Per Share5.93

Margins

Over the twelve months ended June 30, 2026, Live Nation Entertainment, Inc. posted a gross margin of 25.78, reflecting its pricing power and cost economics. The operating margin of 2.94 and net profit margin of 0.51 provide insight into operational efficiency.

Gross Margin25.78
Operating Margin2.94
Pretax Margin2.48
Profit Margin0.51
EBITDA Margin5.67

Dividends & Yields

These figures cover the twelve months ended June 30, 2026. Free cash flow yield stands at 3.20, showing how much cash the business generates relative to its market value - dividends covered by free cash flow are generally more durable than those funded by debt. Total shareholder yield is negative at -2.84, meaning Live Nation Entertainment, Inc. raised more capital through share issuance and new debt than it returned via dividends and buybacks.

Shareholder Yield-2.84
FCF Yield3.20

Scores

As of June 30, 2026, Live Nation Entertainment, Inc. has an Altman Z-Score of 1.99, near the 3.0 threshold that indicates strong financial health and minimal bankruptcy risk.

Altman Z-Score1.99