← Live Nation Entertainment, Inc.
| Annual Trend | FY 2016 | FY 2017 | FY 2018 | FY 2019 | FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | TTM | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Total Revenue | $8.4b |
$10.3b
+23.73%
|
$10.8b
+4.36%
|
$11.5b
+7.05%
|
$1.9b
-83.88%
|
$6.3b
+236.80%
|
$16.7b
+166.11%
|
$22.7b
+36.38%
|
$23.2b
+1.79%
|
$25.2b
+8.83%
|
$26.3b
+4.25%
|
|
| Cost of Revenue | $5.6b |
$7.2b
+27.36%
|
$8.0b
+10.94%
|
$8.5b
+6.27%
|
$1.4b
-83.44%
|
$4.4b
+210.61%
|
$12.3b
+183.46%
|
$17.3b
+40.03%
|
$17.4b
+0.52%
|
$18.8b
+7.95%
|
$19.5b
+3.93%
|
|
| Gross Profit | $2.7b |
$3.2b
+16.19%
|
$2.8b
-10.64%
|
$3.1b
+9.25%
|
$458.8m
-85.11%
|
$1.9b
+316.86%
|
$4.3b
+126.60%
|
$5.5b
+25.95%
|
$5.8b
+5.80%
|
$6.4b
+11.49%
|
$6.8b
+5.19%
|
|
| Selling, General and Administrative Expense | $1.5b | $1.9b | $2.0b | $2.1b | $1.5b | $1.8b | $3.0b | $3.6b | $4.1b | $4.1b | $4.4b | |
| Amortization of Intangible Assets | $178.1m | $202.6m | $190.7m | $223.5m | $239.3m | $193.4m | $216.9m | $237.6m | $249.3m | $264.6m | — | |
| Direct operating expenses | $6.1b | $7.7b | $8.0b | $8.5b | $1.4b | $4.4b | $12.3b | $17.3b | $17.3b | $18.8b | — | |
| Operating Income (Loss) | $194.9m |
$91.4m
-53.12%
|
$272.5m
+198.19%
|
$324.8m
+19.19%
|
($1.7b)
-608.92%
|
($417.9m)
+74.72%
|
$732.1m
+275.21%
|
$1.1b
+45.63%
|
$824.5m
-22.67%
|
$1.3b
+51.75%
|
$771.2m
-38.36%
|
|
| Interest Expense | $106.5m | $106.7m | $138.5m | $157.5m | $226.8m | $282.4m | $278.5m | $350.2m | $326.0m | $316.0m | $351.4m | |
| Interest Expense, Debt | — | — | — | — | — | — | — | — | — | $79.0m | $351.4m | |
| Interest income | ($2.6m) | ($5.7m) | ($9.0m) | ($14.4m) | ($11.7m) | ($6.6m) | ($77.6m) | ($237.8m) | ($156.3m) | ($150.4m) | $160.7m | |
| Investment Income, Interest | $2.6m | $5.7m | $9.0m | $14.4m | $11.7m | $6.6m | $77.6m | $237.8m | $156.3m | $150.4m | — | |
| Foreign Currency Transaction Gain (Loss), before Tax | ($8.8m) | $3.1m | ($11.6m) | $3.2m | $9.0m | $20.6m | $55.8m | $74.5m | $14.7m | ($61.1m) | — | |
| Gain (Loss) on Disposition of Other Assets | — | — | — | — | — | — | $32.1m | $13.9m | $11.0m | $18.5m | — | |
| Gain (Loss) on Investments | — | — | — | — | — | $83.6m | $448k | ($341k) | — | — | — | |
| Income (Loss) from Equity Method Investments | ($17.8m) | $1.2m | $2.7m | $5.5m | ($5.5m) | $2.5m | $10.6m | ($5.5m) | ($16.7m) | $3.2m | — | |
| Other Nonoperating Income (Expense) | ($10.8m) | $115k | ($12.2m) | ($2.1m) | $17.1m | ($3.7m) | ($36.8m) | ($34.9m) | $103.9m | ($57.5m) | — | |
| Other expense (income), net | $10.8m | ($115k) | $12.2m | $2.1m | ($17.1m) | $3.7m | $36.8m | $34.9m | ($103.9m) | $57.5m | — | |
| Income (Loss) from Continuing Operations before Income Taxes, Domestic | $1.1m | ($132.6m) | $43.5m | $36.1m | ($1.5b) | ($401.4m) | $217.0m | $237.5m | $31.8m | $145.6m | $650.6m | |
| Income (Loss) from Continuing Operations before Income Taxes, Noncontrolling Interest | $48.3m | ($9.4m) | $131.1m | $185.1m | ($1.9b) | ($611.3m) | $505.4m | $894.5m | $739.4m | $1.0b | $650.6m | |
| Current Income Tax Expense (Benefit) | $35.9m | $54.4m | $47.0m | $67.4m | $9.0m | $7.2m | $89.1m | $204.2m | $316.9m | $360.3m | $286.1m | |
| Income Tax Expense (Benefit) | $28.0m | ($17.2m) | $40.8m | $66.9m | ($28.9m) | ($2.5m) | $96.3m | $160.2m | ($391.7m) | $339.8m | $286.1m | |
| Net Income (Loss) Attributable to Parent | $2.9m |
($6.0m)
-304.45%
|
$60.2m
+1101.65%
|
$69.9m
+16.00%
|
($1.7b)
-2567.53%
|
($650.9m)
+62.26%
|
$296.0m
+145.47%
|
$563.3m
+90.31%
|
$896.3m
+59.12%
|
$496.0m
-44.66%
|
($258.0m)
-152.02%
|
|
| Net Income (Loss) Available to Common Stockholders, Basic | ($47.0m) |
($97.6m)
-107.71%
|
($17.7m)
+81.92%
|
($4.9m)
+72.34%
|
($1.7b)
-35200.18%
|
($670.7m)
+61.08%
|
$149.2m
+122.25%
|
$315.8m
+111.67%
|
$638.2m
+102.07%
|
($54.8m)
-108.59%
|
($258.0m)
-370.61%
|
|
| Net Income (Loss) Attributable to Noncontrolling Interest | $17.4m | $13.8m | $30.1m | $48.3m | ($103.3m) | $42.1m | $113.2m | $171.0m | $234.8m | $194.8m | ($258.0m) | |
| Earnings Per Share, Basic | — | — | — | — | ($8.12) | ($3.09) | $0.66 | $1.38 | $2.77 | ($0.24) | ($1.11) | |
| Earnings Per Share, Diluted | ($0.23) | ($0.48) | ($0.09) | ($0.02) | ($8.12) | ($3.09) | $0.64 | $1.37 | $2.74 | ($0.24) | ($1.11) | |
| Weighted Average Number of Shares Outstanding, Basic | — | — | — | — | $212.3m | $217.2m | 224.8m | 228.6m | 230.1m | 231.8m | 232.4m | |
| Weighted average common shares—basic | — | — | — | — | $212.3m | $217.2m | $224.8m | $228.6m | $230.1m | $231.8m | — | |
| Weighted average common shares—diluted | — | — | — | — | $212.3m | $217.2m | $231.6m | $231.0m | $236.4m | $231.8m | — | |
| Weighted Average Number of Shares Outstanding, Diluted | — | — | — | — | $212.3m | $217.2m | 231.6m | 231.0m | 236.4m | 231.8m | 232.4m | |
| Additional Financial Items | ||||||||||||
| Accretion of redeemable noncontrolling interests | ($50.0m) | ($91.6m) | ($77.9m) | ($74.8m) | $1.2m | ($19.8m) | ($146.8m) | ($247.4m) | ($258.1m) | ($550.8m) | — | |
| Business Combination, Acquisition Related Costs | — | — | — | — | — | — | $68.1m | $93.7m | $128.5m | $259.6m | — | |
| Convertible debt interest, net of tax | — | — | — | — | — | — | $0 | $0 | $9.2m | $0 | — | |
| Corporate expenses | $125.1m | $135.0m | $153.4m | $168.8m | $102.1m | $160.4m | $237.8m | $330.8m | $367.6m | $474.7m | — | |
| Depreciation and amortization | $403.7m | $455.5m | $386.5m | $444.0m | $485.0m | $416.3m | $450.0m | $516.8m | $549.9m | $638.9m | $688.1m | |
| Equity in losses (earnings) of nonconsolidated affiliates | $17.8m | ($1.2m) | ($2.7m) | ($5.5m) | $5.5m | ($2.5m) | ($10.6m) | $5.5m | $16.7m | ($3.2m) | — | |
| Goodwill, Impairment Loss | $0 | $20.0m | $10.5m | $0 | $0 | $0 | — | $0 | $0 | $0 | — | |
| Loss on extinguishment of debt | $14.0m | $1.0m | $2.5m | — | — | $0 | $0 | $18.5m | $2.6m | $780k | — | |
| Other General Expense | $125.1m | $135.0m | $153.4m | $168.8m | $102.1m | $160.4m | $237.8m | $330.8m | $367.6m | $474.7m | — |
Values abbreviated: b = billions, m = millions, k = thousands. Per share data in USD.