Live Nation Entertainment, Inc.
Company Stats
- Market Cap
- $39.9B
- as of Sep 30, 2026
- Enterprise Value
- $41.0B
- Shares Outstanding
- 235.6M
- Free Float
- 62.7%
Income Statement
- Revenue
- $25.2B
- Operating Income
- $1.3B
- Net Income
- $496.0M
- EBITDA
- $1.6B
- Revenue Growth, 3Y
- 14.7%
- FCF Margin, 3Y Avg
- 3.3%
- FCF Margin, Worst Year
- 1.3%
Cash Flow
- Free Cash Flow
- $333.6M
- FCF Yield
- 0.8%
- Owner FCF Yield
- 0.4%
Balance Sheet
- Cash & Equivalents
- $7.1B
- Total Debt
- $8.2B
- Net Debt
- $1.1B
- Net Debt / EBITDA
- 0.68x
- EV / EBITDA
- 25.22x
- Net Debt / EBIT
- 0.88x
Returns & Capital
- Share Repurchases
- $23.5M
- Buyback Yield, 3Y Avg
- 0.0%
- SBC, 3Y Avg
- $127.2M
Cash Flow by Year
| Year | Revenue | FCF | Margin |
|---|---|---|---|
| FY2025 | $25.2B | $333.6M | 1.3% |
| FY2024 | $23.2B | $1.1B | 4.7% |
| FY2023 | $22.7B | $924.4M | 4.1% |
| FY2022 | $16.7B | $1.5B | 8.9% |
| FY2021 | $6.3B | $1.6B | 26.0% |
Annual filing data through FY ended December 31, 2025; shares and float as of October 28, 2026. Yields and enterprise value use the calculated market cap above, at its as-of date. Ratios are our calculations from reported figures.
Stronger demand supports expansion as pricing diverges
Media Earnings: Demand, Outlook Broadly Upbeat as Costs Diverge