Live Nation Entertainment, Inc. (LYV) - Company Profile - 2026-04-29
Company Overview
Live Nation Entertainment, Inc. (LYV) is a United States-based live entertainment company operating globally. As of 2026-04-29, the company employs about 17,700 people and is headquartered in Beverly Hills, California. Live Nation operates through three primary segments: Concerts, Ticketing, and Sponsorship & Advertising. The firm maintains a web presence at livenationentertainment.com.
Business and Operations
- Concerts segment: Promotes live music events in owned or operated venues and in rented third-party venues. This segment also operates and manages music venues, produces music festivals, creates related content, and provides artist management and other services.
- Ticketing segment: Manages ticketing operations, offering ticketing software and services to consumers via marketplaces, mobile apps, websites, and retail outlets, including livenation.com and ticketmaster.com; provides ticket resale services. It serves arenas, stadiums, amphitheaters, music clubs, concert promoters, sports leagues/teams, colleges, performing arts venues, museums, and theaters.
- Sponsorship & Advertising segment: Sells international, national, and local sponsorships and advertising, including signage, online ads, rich media, live streaming, and music-related content. It also develops strategic sponsorship programs and creates, books, and produces custom events or programs for brands.
- The company owns, operates, or leases entertainment venues and conducts its activities across multiple geographies and market segments within the live entertainment ecosystem.
Fundamental Metrics
- Market cap: $36.39B
- Enterprise value: $40.82B
- P/E (trailing): n/a
- P/E (forward): 69.51
- P/B: 133.64
- [P/S](https://aksoycapital.com/glossary/price-to-sales-ps.html): 1.44
- PEG: 6.07
- Profit margin: 1.97%
- Operating margin: -0.82%
- ROE: 36.70%
- [ROA](https://aksoycapital.com/glossary/return-on-assets-roa.html): 3.89%
- Debt/Equity: 572.03
- [Current ratio](https://aksoycapital.com/glossary/current-ratio.html): 0.99
- Revenue (TTM): $25.20B
- Revenue growth (YoY): 11.10%
- Earnings growth (YoY): n/a
- Free cash flow: $1.11B
- Dividend yield: n/a
- Payout ratio: 0.00%
- Beta: 1.15
Share Structure and Ownership
- Shares outstanding: 235,124,811
- Float: 156,567,396
- Insider held: 32.17%
- Institutional held: 82.36%
- Short ratio (days to cover): 7.59
- Short % of float: 13.65%
Top institutional holders
- Vanguard Group Inc: 8.80%
- BlackRock Inc.: 5.64%
- State Street Corporation: 4.73%
- Principal Financial Group, Inc.: 4.56%
- Canada Pension Plan Investment Board: 4.01%
Trading Activity
- Last close: $154.75 on 2026-04-28
- 1-month change: +6.20%
- 3-month change: +5.29%
- YTD change: +6.50%
- 1-year change: +16.97%
Recent Price Action
- 52-week high: $175.25
- 52-week low: $125.34
- [Drawdown](https://aksoycapital.com/glossary/drawdown.html) from 52W high: -11.70%
- 30-day average volume: 2,814,780
- 90-day average volume: 2,895,218
Strengths
- Global live entertainment operator with three core segments (Concerts, Ticketing, Sponsorship & Advertising).
- Owns, operates, or leases entertainment venues and produces music festivals and related content.
- Large revenue base with TTM revenue of $25.20B and 11.10% revenue growth year over year.
- Strong return on equity (ROE) at 36.70%.
- Substantial institutional ownership (82.36%) and notable insider ownership (32.17%), indicating significant market stake and governance signals.
- Active ticketing ecosystem with platforms and marketplaces (ticketing software/services, resale services) supporting a broad base of venues and events.
Considerations
- Operating margin is negative (-0.82%), indicating a near-term operating profitability challenge.
- Trailing P/E is not available; forward P/E is 69.51, suggesting valuation implied by expectations.
- Debt/Equity ratio is high (572.03), pointing to a leveraged balance sheet.
- Current ratio stands at 0.99, near parity, implying tight short-term liquidity.
- P/B is elevated at 133.64 and P/S at 1.44, indicating a potentially high price relative to book value and sales.
- Dividend yield is not available (payout ratio is 0%), indicating no current dividend payout.
- Market price context shows a 52-week range between $125.34 and $175.25, with a drawdown from the 52-week high of 11.70%.
- Short interest is 13.65% of float with a days-to-cover ratio of 7.59, which can signal potential near-term volatility in the stock.
Summary
Live Nation Entertainment, Inc. operates globally through Concerts, Ticketing, and Sponsorship & Advertising segments, with a portfolio that includes owned or leased venues, festivals, and a broad ticketing ecosystem. The company reports a TTM revenue of $25.20B and a 11.10% revenue growth year over year, alongside a negative operating margin and a high debt level relative to equity. The stock shows a last close of $154.75 on 2026-04-28, a 52-week high of $175.25 and a 52-week low of $125.34, with notable institutional ownership and a and a drawdown from the 52-week high of 11.70%.