Live Nation Entertainment
$168.77Change from previous close: +1.15%Absolute change: +$1.92
At a glance
- Revenue growth
- +8.83%
- 2025 vs 2024
- Net income growth
- −44.66%
- 2025 vs 2024
- Net margin
- 2.0%
- 2024: 3.9%
Financial data
Amounts in millions of USD; per-share values in USD; shares in millions.
| Item | 2025 | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|---|
| Total revenue | 25,201 | 23,156 | 22,726 | 16,681 | — |
| Cost of revenue | 18,763 | 17,381 | 17,291 | 12,348 | — |
| Gross profit | 6,438 | 5,775 | 5,436 | 4,334 | — |
| Selling, general and administrative | 4,092 | 4,044 | 3,517 | 2,956 | — |
| Operating income | 1,233 | 813 | 1,071 | 690 | — |
| EBIT | 1,347 | 1,065 | 1,264 | 769 | — |
| EBITDA | 1,985 | 1,615 | 1,780 | 1,219 | — |
| Interest expense | 316 | 326 | 350 | 278 | — |
| Pre-tax income | 1,031 | 739 | 913 | 491 | — |
| Income tax | 340 | -392 | 209 | 116 | — |
| Net income | 496 | 896 | 557 | 266 | — |
| Net income to common shareholders | -54.8 | 638 | 309 | 120 | — |
| Basic EPS | -0.24 | 2.77 | 1.35 | 0.66 | — |
| Diluted EPS | -0.24 | 2.74 | 1.34 | 0.64 | — |
| Average shares (basic) | 232 | 230 | 229 | 225 | — |
| Average shares (diluted) | 232 | 236 | 231 | 232 | — |