Live Nation Entertainment, Inc. (LYV)
Communication Services · Movies & Entertainment · US stock · S&P 500 component
$170.51
▼ -2.00 (1.16%)
Fair valueOvervalued
$54 −68.6% to fair value
$27fair band $37–$70$80
Day's range
$168.58 – $174.43
52-week range
$125.34 – $189.25
About Live Nation Entertainment, Inc.
Live Nation Entertainment promotes live music and runs much of the infrastructure around it. The business is organised around concerts, ticketing, and sponsorship and advertising. Its concerts arm promotes tours and festivals and operates venues, Ticketmaster distributes tickets for events, and the sponsorship unit places brand partnerships. Its customers include fans, artists, venue owners and corporate sponsors.
Money comes from ticket sales and service fees, concert and festival revenue, venue income and sponsorships. Revenue is $26.3 billion over the last twelve months, growing at 14.7% a year across the last three years, while the operating margin is 3.0%. The company carries net debt of 0.1 times EBITDA, and the business earns a profit of 265% on the capital invested in it. No dividend is paid. On the site's X-Ray Score it receives 41 out of 100.
Written with AI from public information and the filing figures on this page, then checked automatically for unsupported numbers. It can contain mistakes: read the company's own filings below before relying on it.
Price chart
52-wk range $125.34 – $189.25Volume 1,480,700Daily, split-adjusted
Vitals
Market cap$41.6B
52-week range$125.34 – $189.25
Volume (last day)1,480,700
P/E (TTM)298.4
EBIT / EV yield1.9%
Free-cash-flow yield3.3%
Dividend yieldNo dividend
Revenue (TTM)$26.3B
Net income (TTM)$135M
Operating margin3.0%
Return on capital264.7%
Debt incl. leases$9.2B
Cash & securities$9.1B
Debt = borrowings plus lease liabilities. Cash & securities = cash, equivalents and short-term marketable securities (long-term securities are not counted, so net cash can be understated for companies like Apple). Net debt = debt minus cash & securities. Source: latest SEC 10-Q/10-K. EBIT / EV yield = operating profit divided by market cap plus net debt.
Fair value estimate
$54model spread $54 – $79
Overvalued
−68.6% to fair value
Equal blend of three models: peer multiples, a fundamentals-adjusted multiple (growth, ROIC and margin) and a 10-year DCF scaled to the market's average. Earnings-power value (no growth) is a floor and not part of the blend. Model uncertainty is Medium, so the safety margin is 30%.
Price $171
Undervalued < $37Fair $37 – $70Overvalued > $70
10-year DCF (market-scaled) · excluded
$174
Peer multiples
$54
Earnings power floor (not blended)
$17
Fundamentals-adjusted multiple
$53
Growth the price implies
30.2%/yr
A model estimate, not a price target or recommendation. Inputs: risk-free 5.09%, equity risk premium 4.23% (Damodaran). How it works.
What this means
Average business, priced high
Our models put fair value below today's price, so a lot of good news may already be in the price. A high score does not guarantee a good outcome; it shifts the odds a little. Use the checklist as a prompt for your own research.
Before you invest · decision checklist
Ticked boxes are filled in from our data; the rest are yours to answer.
The five-lens scan
Every score explained in one sentence, ranked against Communication Services peers. Open a lens to see the numbers behind it.
Valuation
Weak
22/100
Expensive against its sector on earnings and cash flow.
See the numbers →
EBIT / EV yield1.9%
Free-cash-flow yield3.3%
Fair value vs price0.3×
Growth
Weak
40/100
Growing slower than most of its sector.
See the numbers →
Revenue growth (3y)14.7%
Growth consistency70%
Profitability
Fair
65/100
Returns on capital are typical for its sector.
See the numbers →
Return on invested capital264.7%
Operating margin3.0%
Financial health
Weak
36/100
Balance sheet is more stretched than most peers.
See the numbers →
Piotroski F-Score6 / 9
Net debt / EBITDA0.1×
Interest cover2.3×
Dividends
None
–/100
Pays no dividend.
See the numbers →
Quarterly results: last 6 quarters
-11.0%
Mar '25
+16.3%
Jun '25
+11.1%
Sep '25
+11.1%
Dec '25
+12.1%
Mar '26
+9.4%
Jun '26
Revenue against the same quarter a year earlier. Latest quarter revenue $7.7B, diluted EPS $1.05.
Compare with peers
NFLX Netflix Inc58 DIS Walt Disney Co55 TKO TKO Group Holdings, In...45Other Movies & Entertainment companies by X-Ray Score.
Fundamentals checklist
● 4 Good · ● 2 Average · ● 8 BadCash quality
Earnings backed by cashGood
Free-cash-flow yieldAverage
Risk models
Altman Z''Bad
Piotroski F-ScoreAverage
Growth
Free-cash-flow growth (3y)Bad
Revenue growth (3y)Good
Growth consistencyBad
Balance sheet
Current ratioBad
Net debt / EBITDAGood
Interest coverBad
Valuation
Fair value vs priceBad
EBIT / EV yieldBad
Profitability
Return on invested capitalGood
Operating marginBad
Each check is graded against the company's sector, not a fixed number. Checklist score 40/100.
Financials
| FY21 | FY22 | FY23 | FY24 | FY25 | |
|---|---|---|---|---|---|
| Revenue | $6.3B | $16.7B | $22.7B | $23.2B | $25.2B |
| Operating income | −$418M | $722M | $1.1B | $825M | $1.3B |
| Net income | −$651M | $266M | $557M | $896M | $496M |
| Operating cash flow | $1.8B | $1.8B | $1.4B | $1.7B | $1.4B |
| Operating margin | -6.7% | 4.3% | 4.8% | 3.6% | 5.0% |
| Free cash flow | $1.6B | $1.5B | $924M | $1.1B | $334M |
| Diluted EPS | $-3.09 | $0.52 | $1.34 | $2.74 | $-0.24 |
Fiscal years, from SEC filings.
Technical summary
Daily
Bearish
4 bullish · 4 neutral · 8 bearish
Weekly
Neutral
6 bullish · 1 neutral · 5 bearish
Monthly
Strongly bullish
7 bullish · 1 neutral · 0 bearish
Moving averages (daily)
| SMA 10 | 170.8 | Bearish |
| EMA 10 | 170.6 | Bearish |
| SMA 20 | 170.3 | Bullish |
| EMA 20 | 170.9 | Bearish |
| SMA 50 | 175.2 | Bearish |
| EMA 50 | 173.0 | Bearish |
| SMA 100 | 175.5 | Bearish |
| EMA 100 | 172.2 | Bearish |
| SMA 200 | 165.2 | Bullish |
| EMA 200 | 166.6 | Bullish |
Oscillators (daily)
| RSI (14) | 47.67 | Neutral |
| MACD (12, 26) | -0.85 | Bearish |
| Momentum (12) | 0.71 | Bullish |
| Stochastic %K (14) | 59.21 | Neutral |
| Williams %R (14) | -40.79 | Neutral |
| CCI (20) | 51.13 | Neutral |
Pivot points (classic, last session)
S3 162.1 | S2 165.3 | S1 167.9 | Pivot 171.2 | R1 173.8 | R2 177.0 | R3 179.6 |
Signals describe what the chart is doing, not what to do. Moving averages: price above the average is bullish. Oscillators use the usual thresholds (RSI 30/70, Stochastic 20/80, CCI ±100, Williams %R −80/−20; MACD and momentum above zero are bullish). Weekly and monthly views use closing prices only.
LYV SEC filings
16 Oct 2026
8-KSEC EDGAR
Entered a material agreement
9 Oct 2026
8-KSEC EDGAR
Other events
2 Oct 2026
8-KSEC EDGAR
Director or officer change
25 Sep 2026
8-KSEC EDGAR
Director or officer change; Other events
30 Jul 2026
10-QSEC EDGAR
Quarterly report
30 Jul 2026
8-KSEC EDGAR
Results of operations
12 Jun 2026
8-KSEC EDGAR
Shareholder vote results
8 May 2026
8-KSEC EDGAR
Entered a material agreement
Where the numbers come from
Statements SEC EDGAR filings (10-K, 10-Q), quarters derived from year-to-date figures.
Prices end-of-day closes, split-adjusted.
Industry inputs beta, multiples and equity risk premium from Damodaran Online (NYU Stern).
StocksXray is for education only and is not financial advice. Scores and fair values are model estimates from public filings and carry uncertainty.