# Live Nation Entertainment Inc. (LYV) fundamentals

Data as of 2026-09-08. NYSE, United States. Sector: Communication Services / Entertainment. Price $173.50, market value $40.4 billion.

## Valuation
- **P/E (trailing): n/a** (negative earnings). Live Nation Entertainment Inc. reported negative earnings over the last twelve months, so the P/E is not meaningful; use price-to-sales, EV/EBITDA and free-cash-flow yield instead.
- **Price / sales: 1.5×**. Each dollar of revenue is priced at 1.5×.
- **Price / book: 486.0×**. The shares trade at 486.0× book value; most of the value is in earnings power and intangibles rather than the balance sheet.
- **EV / EBITDA: 27.9×**. Enterprise value is 27.9× operating earnings before depreciation, the multiple that ignores how the company is financed; above 20× is demanding.
- **Free-cash-flow yield: 3.4%** (5-yr avg 4.9%). Free cash flow equals 3.4% of the market value, below its five-year average of 4.9%, so the shares are pricier on cash than usual.

## Profitability
- **Operating margin: 3.0%**. 3.0% of revenue is left after running the business, which leaves little cushion in a downturn.
- **Net margin: 2.0%**. 2.0% of each dollar of sales reaches the bottom line.
- **Return on equity: 183.0%**. A 183.0% return on equity is extremely high; check whether buybacks or debt have shrunk the equity base, which flatters the ratio.
- **Return on invested capital: 46.0%**. Return on all capital, debt included, is 46.0%: comfortably above what that capital costs.
- **Return on assets: 0.6%**. Each dollar of assets produces 0.6% of profit.

## Growth
- **Revenue growth (1 yr): 8.8%** (3-yr 14.7%/yr, 5-yr 68.4%/yr). Revenue grew 8.8% over the last year, against 68.4% a year compounded over five years: growth is slowing.
- **EPS growth (1 yr): -108.8%**. Earnings per share fell 108.8%, slower than revenue, so margins compressed.
- **Free-cash-flow growth (3 yr): -39.2%/yr**. Free cash flow has compounded at -39.2% a year over three years.

## Financial health
- **Debt to equity: 30.26**. Debt is 30.26 times equity, a leveraged balance sheet that needs steady cash flow to service.
- **Net debt / EBITDA: 0.7×**. It would take 0.7 years of operating earnings to repay net borrowings, within the comfortable range.
- **Piotroski F-score: 4/9**. 4 of 9 checks pass: mixed.

## Dividends
- **Dividend: none**. Live Nation Entertainment Inc. does not currently pay a dividend.

## Price and momentum
- **Total return (1 yr): 6.5%** (YTD 21.8%, 3-mo 8.4%). The shares are up 6.5% over twelve months including dividends.
- **From 52-week high: -8.3%** (38.4% above the low). Trading 8% below its 52-week high.
- **200-day average: above**. The price sits above its 200-day moving average, the usual definition of an uptrend.
- **RSI (14-day): 39**. An RSI of 39 is neutral.
- **Beta (1 yr): 0.68** (volatility 31%). Beta of 0.68 against the S&P 500: the shares move much less than the market.

Live score and charts: https://foliofundamentals.com/analyzer?s=LYV · Page: https://foliofundamentals.com/stocks/lyv

Not investment advice.