OakChart

Live Nation Entertainment Inc

LYVCommunication Services·Entertainment·USA·Large·NYSE·Nov 11 • 3:59 PM ET

180.16+1.91 (1.07%)
2026-11-12 05:21 CET
Market cap
42,451.82 USD m
Revenue, TTM
27,878.43 USD m
Net income, TTM
-24.40 USD m
Free cash flow, TTM
845.40 USD m
EPS diluted, TTM
-0.16
P/E
-
Compare

Price

LYV against its 20, 50 and 200-day averages
2050200beat
160.00170.00180.00190.003.7M7.4MVolumeMay 26Jun 26Jul 26Aug 26Sep 26Oct 26Nov 26LYVclose 180.1620-day 175.7250-day 172.73200-day 168.05180.1652w high

4.8% under the 52-week high of 189.25 on 14 Aug 2026. 52-week low 125.34 on 25 Nov 2025. Last 15 sessions, 11.1% high to low

Volume 1.11× normal · the line is the 50-bar volume average

Profile

LYV
52-week range, 86% of the way up
125.34189.24

Live Nation Entertainment, Inc. operates as an entertainment company. The firm engages in producing, marketing, and selling live concerts for artists via its global concert pipe. It operates through the following segments: Concerts, Sponsorship and Advertising, and Ticketing. The Concerts segment is involved in the promotion of live music events in owned or operated venues and in rented third-party venues. The Sponsorship and Advertising segment manages the development of strategic sponsorship programs in addition to the sale of international, national, and local sponsorships and placement of advertising such as signage, promotional programs, rich media offerings, including advertising associated with live streaming and music-related content, and ads across its distribution network of venues, events, and websites. The Ticketing segment is involved in the management of the global ticketing operations, including providing ticketing software and services to clients, and consumers with a marketplace, both online and mobile, for tickets and event information. The Ticketing segment is an agency business that sells tickets for events on behalf of its clients and retains a portion of the service charge as its fee. The company was founded in 1996 and is headquartered in Beverly Hills, CA.

IndexS&P 500, RUI
Employees17700
IPODec 14, 2005
Beta1.16
ATR, 14d5.13
Rel volume1.11
Short float15.87%
Insider own32.14%
Inst own84.86%

Snapshot

6 groups

Valuation

IndexS&P 500, RUI
Market Cap42.45B
Enterprise Value47.87B
Income-24.40M
Sales27.88B
Book/sh1.96
Cash/sh35.49
Dividend Est.-
Dividend TTM-
Dividend Ex-Date-
Dividend Gr. 3/5Y- -
Payout-
Employees17700
IPODec 14, 2005

Ratios

P/E-
Forward P/E96.79
PEG-
P/S1.52
P/B91.99
P/C5.08
P/FCF50.22
EV/EBITDA20.02
EV/Sales1.72
Quick Ratio0.95
Current Ratio0.95
Debt/Eq26.06
LT Debt/Eq21.99
Option/ShortYes / Yes

Earnings

EPS (ttm)-0.16
EPS next Y1.86
EPS next Q-1.31
EPS this Y-61.91%
EPS next Y579.01%
EPS next 5Y-
EPS past 3/5Y- 50.70%
Sales past 3/5Y14.74% 68.39%
EPS Y/Y TTM-107.10%
Sales Y/Y TTM13.47%
EPS Q/Q130.90%
Sales Q/Q18.89%
EarningsNov 05 AMC
EPS/Sales Surpr.11.90% 5.24%

Ownership

Insider Own32.14%
Insider Trans-0.01%
Inst Own84.86%
Inst Trans-1.24%
ROA-0.10%
ROE-4.99%
ROIC-0.23%
Gross Margin22.82%
Oper. Margin5.72%
Profit Margin-0.09%
SMA202.53%
SMA504.30%
SMA2007.20%
Trades-

Technical

Shs Outstand233.26M
Shs Float159.91M
Short Float15.87%
Short Ratio12.16
Short Interest25.38M
52W High189.24 -4.80%
52W Low125.34 43.74%
Volatility3.82% 2.65%
ATR (14)5.13
RSI (14)59.06
Beta1.16
Rel Volume1.11
Avg Volume2.09M
Volume2,318,747

Performance

Perf Week-1.65%
Perf Month5.16%
Perf Quarter-3.17%
Perf Half Y6.95%
Perf YTD26.43%
Perf Year27.01%
Perf 3Y105.85%
Perf 5Y57.68%
Perf 10Y530.81%
Recom1.63
Target Price206.12
Prev Close178.25
Price180.16
Change %1.07%

Analyst ratings

latest 10 of 20
DateActionAnalystRating changeTargetImplied
Oct 20, 2026DowngradeCCFRAHold → Sell
Jul 23, 2026InitiatedBBTIG ResearchBuy$215+19.3%
Jul 21, 2026DowngradeSSusquehannaPositive → Neutral$186+3.2%
Mar 30, 2026InitiatedCCitizensMkt Outperform$190+5.5%
Feb 27, 2026UpgradeRRothschild & Co RedburnNeutral → Buy$193+7.1%
Feb 25, 2026InitiatedWWells FargoOverweight$204+13.2%
Jan 13, 2026DowngradeJJefferiesBuy → Hold$155-14.0%
Nov 25, 2025InitiatedUUBSBuy$164-9.0%
Sep 16, 2025DowngradeRRothschild & Co RedburnBuy → Neutral$170-5.6%
Aug 18, 2025InitiatedMMoffettNathansonBuy$195+8.2%

Peers

Mkt cap
TickerCompanyMkt cap
TKOTKO Group Holdings Inc37.63B
MSGEMadison Square Garden Entertainment Corp3.78B
SPHRSphere Entertainment Co4.54B
FWONALiberty Media Corp27.73B
WMGWarner Music Group Corp16.66B
STUBStubhub Holdings Inc2.13B
DISWalt Disney Co206.60B
MSGKMSG Knickerbockers Corp7.78B
SPOTSpotify Technology SA125.41B
SEATVivid Seats Inc16.27M

Insider trading

14 filings
InsiderRelationshipDateTransactionCostSharesValueTotal heldForm
Capo BrianChief Accounting OfficerAug 24 '26Sale184.002,900533,6008,655Aug 25 05:04 PM
BRIAN CAPOOfficerAug 24 '26Proposed Sale184.002,900533,600Aug 24 04:49 PM
HINSON JEFFREY T.DirectorJun 15 '26Sale175.002,115370,12547,122Jun 16 04:17 PM
JEFFREY HINSONDirectorJun 15 '26Proposed Sale175.002,115370,125Jun 15 04:18 PM
Rowles MichaelEVP & General CounselMay 08 '26Option Exercise29.0363,7761,851,417268,492May 08 07:03 PM
Rowles MichaelEVP & General CounselMay 08 '26Sale164.2463,77610,474,406204,716May 08 07:03 PM
MICHAEL ROWLESOfficerMay 08 '26Proposed Sale164.2463,77610,474,545May 08 05:35 PM
Hopmans JohnEVP, M&A and Strategic FinanceMay 07 '26Option Exercise29.0383,4802,423,424272,231May 08 05:06 PM
Hopmans JohnEVP, M&A and Strategic FinanceMay 07 '26Sale166.0793,07815,457,892188,751May 08 05:06 PM
JOHN M HOPMANSOfficerMay 07 '26Proposed Sale166.0793,07815,457,796May 07 04:39 PM
HINSON JEFFREY T.DirectorMar 10 '26Sale165.87944156,58148,030Mar 12 04:25 PM
JEFFREY HINSONDirectorMar 10 '26Proposed Sale165.87944156,577Mar 10 04:16 PM
Berchtold JoePresident & CFODec 15 '25Option Exercise19.36134,8812,611,2961,101,916Dec 17 04:22 PM
Rapino MichaelPresident & CEODec 15 '25Option Exercise19.36282,0245,459,9854,573,020Dec 17 04:22 PM

Held by

AUM
TickerCompanyAUM
VTIVanguard Morningstar Total Stock Market ETFAUM: 687.42B
XLCState Street Communication Services Select Sector SPDR ETFAUM: 22.06B
VOOVanguard S&P 500 ETFAUM: 1054.75B
VOVanguard Morningstar Mid-Cap ETFAUM: 107.07B
VUGVanguard Morningstar Growth ETFAUM: 217.67B
IVViShares Core S&P 500 ETFAUM: 871.38B
SPYSPDR S&P 500 ETF TrustAUM: 793.23B
RSPInvesco S&P 500 Equal Weight ETFAUM: 104.94B
VOTVanguard Morningstar Mid-Cap Growth ETFAUM: 18.66B
CGGRCapital Group Growth ETFAUM: 25.66B

News

latest 14 of 100

Quarterly earnings

actual against estimate
PeriodReportedEPS actEPS estEPS repSales actSales estAnalysts
2026Q32026-11-051.6901.5101.68610,1059,60218
2026Q22026-07-301.0500.6611.0517,6677,55618
2026Q12026-05-05-1.850-0.351-1.8523,7933,57117
2025Q42026-02-19-1.060-1.022-1.0506,3146,10517
2025Q32025-11-040.7301.3110.7318,4998,56017
2025Q22025-08-070.4101.0280.4087,0076,84816
2025Q12025-05-01-0.320-0.407-0.3243,3823,47618
2024Q42025-02-200.580-1.1200.5555,6825,59918
2024Q32024-11-111.6601.6081.6637,6517,75318
2024Q22024-07-301.0301.0591.0266,0236,01618
2024Q12024-05-02-0.530-0.184-0.5313,8003,25818
2023Q42024-02-22-1.180-1.032-1.2255,8394,79217
2023Q32023-11-021.7801.2551.7758,1526,99216
2023Q22023-07-271.0200.6481.0175,6314,95416
2023Q12023-05-04-0.250-0.452-0.2553,1272,27016
2022Q42023-02-23-1.020-0.881-1.0904,2913,59916

Annual earnings

PeriodEPS actEPS estEPS repSales actSales est
2019FY-0.0200.147-0.02311,54811,498
2020FY-8.120-8.318-8.1191,8611,850
2021FY-3.090-2.576-3.0886,2695,667
2022FY0.6400.8680.64416,68116,003
2023FY1.3701.5971.34022,74921,717
2024FY2.7401.0982.73923,15623,088
2025FY-0.240-0.206-0.24425,20125,001
2026FY--0.389--28,438
2027FY-1.861--31,048
2028FY-2.782--34,000
2029FY-4.115--36,814
2030FY-4.210--41,109

Estimate revisions

last 14 periods
PeriodTypeDateEstimatesUpDownMeanLowHigh
2026Q4S2026-11-10221136,9306,7417,135
2026Q4S2026-11-08211116,9466,7417,135
2026Q4S2026-11-06231116,9606,7417,212
2026Q4S2026-11-0523107,0616,8277,349
2026Q4S2026-11-0323107,0616,8277,349
2026Q4S2026-10-1623107,0616,8277,349
2026Q4S2026-10-1423107,0616,8277,349
2026Q4S2026-10-12231407,0616,8277,349
2026Q4S2026-10-08231407,0576,8277,349
2026Q4S2026-09-21231407,0586,8277,349
2026Q4S2026-07-31231507,0586,8277,349
2026Q4S2026-07-2723206,9446,7407,146
2026Q4S2026-07-2323206,9446,7407,146
2026Q4S2026-07-2223206,9446,7407,146

Estimate history

EPS, annual-0.477-0.085-0.023-8.119-3.0880.6441.342.739-0.237-0.1633
Period201720182019202020212022202320242025TTM
EPS, quarterly1.6630.555-0.3240.4080.731-1.05-1.8521.0511.688
PeriodQ3 '24Q4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26Q2 '26Q3 '26
Sales, annual9687.22210787.811547.9691861.1786268.44716681.25422726.31723155.62525201.40627878.43
Period201720182019202020212022202320242025TTM
Sales, quarterly7651.0875681.5933382.1177006.6418499.1436313.5053793.0297666.85810105.035
PeriodQ3 '24Q4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26Q2 '26Q3 '26
Shares, annual208.076210.127213.71218.015224.675231.264233.303234.364235.421233.257
Period201720182019202020212022202320242025MRQ
Shares, quarterly230.585234.364231.75231.944232.209235.421232.691232.954233.257
PeriodQ3 '24Q4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26Q2 '26Q3 '26

Income statement, annual

Currency USD, millions
MetricTTM2025FY2024FY2023FY2022FY2021FY2020FY2019FY2018FY
Total Revenue27,878.4325,201.4123,155.6222,726.3216,681.256,268.451,861.1811,547.9710,787.80
Cost of Goods Sold Incl. D&A21,515.6819,402.2317,878.0817,767.3312,787.504,772.271,863.838,911.178,354.46
Gross Profit6,362.755,799.185,277.554,958.993,893.751,496.18-2.652,636.802,433.34
Selling, General and Administrative Excl. Other4,769.354,315.263,880.643,794.323,193.721,915.251,626.442,314.322,150.43
Other Operating Expense0.000.000.000.000.000.000.000.000.00
Operating Income1,593.401,483.921,396.911,164.67700.04-419.07-1,629.09322.47282.90
Interest Expense373.22316.03325.97350.24278.48282.44226.83157.52138.50
Unusual Expense701.29252.01585.98112.170.000.0023.604.502.47
Net Income Before Taxes745.731,030.53739.43913.27505.45-611.27-1,856.66185.10131.10
Income Taxes292.27339.79-391.70209.4896.25-2.48-28.8866.8940.77
Consolidated Net Income277.98139.94873.05456.36262.42-628.56-1,826.6143.4412.44
Net Income From Continuing Operations-24.40-54.83638.21309.45149.22-670.67-1,723.36-4.88-17.65
Net Income-24.40-54.83638.21309.45149.22-670.67-1,723.36-4.88-17.65
EPS (Recurring)1.960.524.471.680.64-3.09-8.04-0.01-0.08
EPS (Basic, Before Extraordinaries)-0.10-0.242.771.350.66-3.09-8.12-0.02-0.09
EPS (Diluted)-0.16-0.242.741.340.64-3.09-8.12-0.02-0.09
EBITDA2,390.802,211.182,035.551,765.161,229.0671.61-1,119.69846.76749.52
Non-Operating Income (Expense)226.83114.65254.47211.0283.8990.2422.8624.65-10.82
Other After Tax Adjustments-175.48-550.80-258.08-247.44-146.77-19.771.18-74.77-77.90
Stock Option Compensation Expense134.66122.6286.8991.6186.94152.8285.3335.6136.01
Price To Earnings Ratio--138.6764.6496.09----
Price To Sales Ratio1.561.311.320.950.974.158.381.300.95
Gross Margin22.8223.0122.7921.8223.3423.87-0.1422.8322.56
Operating Margin5.725.896.035.124.20-6.69-87.532.792.62
Net Margin-0.09-0.222.761.360.89-10.70-92.59-0.04-0.16
Shares Outstanding233.26235.42234.36233.30231.26224.67218.02213.71210.13
Market Capitalization42,451.8242,451.8229,862.5721,558.4216,101.5726,505.2315,953.7615,259.4910,320.09

Income statement, quarterly

Currency USD, millions
Metric2026Q32026Q22026Q12025Q42025Q32025Q22025Q12024Q4
Total Revenue10,105.037,666.863,793.036,313.518,499.147,006.643,382.125,681.59
Cost of Goods Sold Incl. D&A7,930.495,912.682,647.755,024.766,603.305,369.782,404.394,631.02
Gross Profit2,174.541,754.181,145.281,288.751,895.841,636.86977.731,050.58
Selling, General and Administrative Excl. Other1,242.761,209.881,002.391,314.311,085.261,071.93835.401,087.22
Other Operating Expense0.000.000.000.000.000.000.000.00
Operating Income931.78544.30142.89-25.56810.58564.93142.32-36.65
Interest Expense102.1197.2390.5283.3580.2972.0580.3477.35
Unusual Expense32.4730.90519.42118.4932.9879.1329.76210.98
Net Income Before Taxes824.92518.60-412.10-185.69729.82420.3966.01-301.19
Income Taxes258.04115.72-32.09-49.41251.84117.6419.71-583.11
Consolidated Net Income524.28356.34-421.30-181.34218.13154.94-51.79210.81
Net Income From Continuing Operations405.24247.90-430.38-247.16171.6195.61-74.89129.88
Net Income405.24247.90-430.38-247.16171.6195.61-74.89129.88
EPS (Recurring)1.781.14-0.29-0.700.830.64-0.231.18
EPS (Basic, Before Extraordinaries)1.741.06-1.85-1.050.740.41-0.320.56
EPS (Diluted)1.691.05-1.85-1.050.730.41-0.320.56
EBITDA1,131.97754.98338.20165.65992.71744.68316.50132.43
Non-Operating Income (Expense)27.73102.4354.9641.7232.516.6433.7923.78
Other After Tax Adjustments-42.60-46.54-41.28-45.06-259.85-147.80-98.09-71.11
Stock Option Compensation Expense37.4049.0025.8922.3639.5446.7519.3918.18
Price To Earnings Ratio---104.0170.9751.8048.12138.67
Price To Sales Ratio1.561.701.381.331.561.491.331.33
Gross Margin21.5222.8830.1920.4122.3123.3628.9118.49
Operating Margin9.227.103.77-0.409.548.064.21-0.65
Net Margin4.013.23-11.35-3.912.021.36-2.212.29
Shares Outstanding233.26232.95232.69235.42232.21231.94231.75234.36
Market Capitalization42,451.8242,612.0835,438.4433,089.7837,900.6335,062.4730,178.7429,862.57

Balance sheet, annual

Currency USD, millions
Metric2025FY2024FY2023FY2022FY2021FY2020FY2019FY2018FY2017FY
Cash & Short Term Investments7,106.996,106.116,238.965,612.374,887.792,546.442,474.242,378.201,828.82
Short Term Receivables2,081.971,779.332,068.491,499.611,085.78501.291,029.45844.52746.58
Inventories56.5850.1545.1438.7333.8322.0016.1112.5717.47
Other Current Assets1,728.861,354.551,180.761,008.81676.70580.04673.10612.78559.87
Total Current Assets10,974.399,290.149,533.358,159.526,684.093,649.774,192.903,848.073,152.74
Net Property, Plant & Equipment5,285.524,059.913,707.853,059.062,630.842,525.642,519.95946.59885.94
Total Investments and Advances515.64504.19447.49408.79293.64170.49167.60137.21105.27
Long-Term Note Receivable233.11226.02176.1392.6369.3788.89128.72112.2841.59
Intangible Assets4,336.653,987.284,230.443,948.713,986.243,353.863,237.592,853.252,852.88
Deferred Tax Assets450.96577.9342.84------
Other Assets1,116.27993.30891.54792.13738.13800.65728.84599.48465.85
Total Assets22,912.5319,638.7719,029.6416,460.8414,402.3210,589.3010,975.618,496.897,504.26
Short Term Debt Incl. Current Port. of LT Debt755.39414.311,292.81760.26708.97160.56159.7582.14347.59
Accounts Payable2,194.652,102.662,134.361,971.101,642.97830.451,106.121,127.411,034.30
Other Current Liabilities8,078.816,841.326,557.275,571.954,503.782,805.552,841.732,540.312,195.10
Total Current Liabilities11,028.859,358.289,984.438,303.326,855.723,796.574,107.603,749.873,577.00
Long Term Debt9,648.997,857.437,145.126,937.996,751.556,300.774,645.742,732.881,952.37
Provision for Risks Charges0.000.000.000.000.000.000.0030.3341.95
Deferred Tax Liabilities83.30140.15324.70305.52236.55170.76178.17137.07137.63
Other Liabilities332.55337.61163.46150.45195.03182.51130.65174.64132.44
Total Liabilities21,093.6917,693.4817,617.7115,697.2814,038.8510,450.619,062.166,824.795,841.39
Non-Equity Reserves0.000.000.000.000.000.000.000.000.00
Preferred Stock - Carrying Value0.000.000.000.000.000.000.000.000.00
Common Equity271.01173.26-52.30-367.57-582.65-471.771,145.821,098.981,181.20
Total Shareholders Equity271.01173.26-52.30-367.57-582.65-471.771,145.821,098.981,181.20
Accumulated Minority Interest1,547.841,772.031,464.231,131.13946.12610.47767.63573.12481.68
Total Equity1,818.851,945.301,411.93763.56363.47138.701,913.451,672.101,662.87
Total Liabilities & Stockholders Equity22,912.5319,638.7719,029.6416,460.8414,402.3210,589.3010,975.618,496.897,504.26
Book Value Per Share1.150.74-0.22-1.59-2.59-2.165.365.235.68
Tangible Book Value Per Share-17.27-16.27-18.36-18.66-20.34-17.55-9.79-8.35-8.03
Full-Time Employees17,70016,20014,70012,80010,2008,20010,5009,5008,800
Price to Book Ratio91.99103.7096.60-212.07-46.15-33.9613.339.426.38
Return on Assets-0.263.301.740.97-5.37-15.98-0.05-0.22-1.37
Return on Equity-24.68817.62----511.34-0.43-1.55-8.46
Return on Invested Capital-0.557.954.362.27-10.87-29.57-0.08-0.46-3.12
Quick Ratio0.990.990.950.980.970.961.021.020.88
Current Ratio1.000.990.950.980.970.961.021.030.88

Cash flow, annual

Currency USD, millions
MetricTTM2025FY2024FY2023FY2022FY2021FY2020FY2019FY2018FY
Net Income453.46690.741,131.12703.80409.19-608.79-1,827.79118.2190.34
Depreciation797.39727.26638.64600.49529.02490.68533.00524.29466.62
Other Funds (Non Cash)272.22285.5712.88239.99248.80134.32169.83115.65124.55
Funds from Operations1,570.731,683.061,074.071,500.261,194.216.58-1,162.85757.69675.26
Extraordinary Item0.000.000.000.000.000.000.000.000.00
Changes in Working Capital475.96-287.75651.11-137.29637.851,773.9979.46-287.91266.33
Cash from Operating Activities2,046.691,395.321,725.171,362.971,832.061,780.57-1,083.39469.78941.59
Capital Expenditures-1,228.03-1,090.34-675.16-475.26-353.29-159.83-222.61-365.83-275.46
Net Assets From Acquisitions-868.38-963.64-168.24-131.30-305.50-393.89-147.32-285.34-279.86
Sale of Fixed Assets and Businesses52.4260.113.0019.6015.0222.035.4214.294.90
Purchase or Sale of Investments-68.57-40.35-26.09-53.40-87.32-20.167.76-57.28-46.50
Purchase of Investments-68.57-40.35-45.68-54.92-91.19-110.59-11.24-57.28-46.50
Sale Or Maturity of Investments0.000.0019.591.523.8690.4319.000.000.00
Other Uses-41.16-77.64-119.21-181.80-115.99-28.90-56.96-50.03-90.70
Other Sources21.2336.3464.4832.1929.1026.1888.8317.2135.98
Cash from Investing Activities-2,132.51-2,075.51-921.22-789.97-817.98-554.57-324.89-726.98-651.64
Cash Dividends Paid0.000.000.000.000.000.000.000.000.00
Change in Capital Stock-18.27-18.4526.0519.2635.77480.2530.6514.1022.57
Repurchase of Common Pref Stock-23.53-23.530.000.000.000.000.000.000.00
Sale of Common Pref Stock5.265.0826.0519.2635.77480.2530.6514.1022.57
Proceedsfrom Stock Options0.000.000.000.000.00449.630.000.000.00
Issuance or Reduction of Debt, Net2,195.321,665.15-287.88330.3876.46794.121,576.38500.13458.27
Change in Long Term Debt2,195.321,665.14-287.88330.3876.46794.121,576.38500.13458.27
Issuance of Long Term Debt4,391.303,714.431,671.841,061.03122.25903.831,607.37937.40858.67
Reduction of Long Term Debt-2,195.97-2,049.29-1,959.72-730.64-45.79-109.70-30.99-437.27-400.40
Net Financing Active Other Cash Flow-427.14-391.13-329.78-342.76-222.29-115.43-156.12-149.37-137.32
Other Financing Activities Uses-427.14-391.13-329.78-342.76-222.29-115.53-156.16-149.37-137.32
Cash from Financing Activities1,749.901,255.56-591.626.88-110.061,158.941,450.91364.87343.52
Exchange Rate Effect-63.49425.50-345.1938.87-179.45-43.5929.57-11.63-84.08
Net Change in Cash1,600.601,000.88-132.85618.76724.582,341.3572.2096.04549.38
Free Cash Flow845.40312.811,058.54924.371,484.861,627.83-1,297.13146.22701.75
Preferred Dividends (Cash Flow)-0.000.000.000.000.000.000.000.00
Price to Free Cash Flow51.34105.6228.9123.3910.8815.97-102.6914.56
Deferred Taxes & Investment Tax Credit--20.50-708.57-44.027.20-9.64-37.88-0.47-6.25

Balance sheet, quarterly

Currency USD, millions
Metric2026Q32026Q22026Q12025Q42025Q32025Q2
Cash & Short Term Investments8,363.679,171.659,090.957,106.996,763.097,069.60
Short Term Receivables3,289.062,885.251,965.302,081.972,606.752,464.83
Inventories0.000.000.0056.580.000.00
Other Current Assets2,604.512,898.752,585.301,728.861,937.992,288.72
Total Current Assets14,257.2414,955.6513,641.5410,974.3911,307.8211,823.15
Net Property, Plant & Equipment6,218.245,830.815,574.565,285.524,879.354,687.51
Total Investments and Advances710.10736.30549.40515.64492.90483.50
Intangible Assets4,985.744,638.684,373.494,336.654,274.834,281.69
Deferred Tax Assets---450.96--
Other Assets1,724.582,019.391,929.101,116.271,932.921,874.48
Total Assets27,895.9028,180.8326,068.0922,912.5322,887.8223,150.33
Short Term Debt Incl. Current Port. of LT Debt1,860.112,968.381,800.78755.391,411.271,643.93
Accounts Payable8,457.476,983.005,737.322,194.652,773.982,521.72
Other Current Liabilities4,666.697,611.877,878.488,078.818,090.329,292.92
Total Current Liabilities14,984.2617,563.2615,416.5811,028.8512,275.5713,458.57
Long Term Debt10,045.078,314.338,782.639,648.997,977.436,775.71
Provision for Risks Charges0.000.000.000.000.000.00
Deferred Tax Liabilities---83.30--
Other Liabilities532.23484.07435.35332.55653.29610.47
Total Liabilities25,561.5626,361.6624,634.5521,093.6920,906.2920,844.75
Non-Equity Reserves0.000.000.000.000.000.00
Preferred Stock - Carrying Value0.000.000.000.000.000.00
Common Equity456.8282.33-139.40271.01521.34360.07
Total Shareholders Equity456.8282.33-139.40271.01521.34360.07
Accumulated Minority Interest1,877.531,736.841,572.951,547.841,460.191,945.51
Total Equity2,334.341,819.161,433.541,818.851,981.532,305.58
Total Liabilities & Stockholders Equity27,895.9028,180.8326,068.0922,912.5322,887.8223,150.33
Book Value Per Share1.960.35-0.601.152.251.55
Tangible Book Value Per Share-19.42-19.56-19.39-17.27-16.16-16.91
Full-Time Employees---17,700--
Price to Book Ratio91.99-305.65132.4863.47105.26330.76
Return on Assets-0.10-1.01-1.71-0.261.512.51
Return on Equity-4.99-116.65--24.6879.63345.87
Return on Invested Capital3.862.95-4.98-2.492.021.34
Quick Ratio0.950.850.880.990.920.88
Current Ratio0.950.850.881.000.920.88

Cash flow, quarterly

Currency USD, millions
Metric2026Q32026Q22026Q12025Q42025Q32025Q2
Net Income566.88402.88-380.02-136.28477.98302.74
Depreciation200.19210.68195.32191.21182.13179.75
Other Funds (Non Cash)85.7434.8122.17129.508.24107.97
Funds from Operations982.85700.61-207.2394.50712.63611.31
Extraordinary Item0.000.000.000.000.000.00
Changes in Working Capital-1,640.54-281.332,546.06-148.23-808.31-387.84
Cash from Operating Activities-657.69419.272,338.84-53.73-95.68223.47
Capital Expenditures-269.79-289.52-308.98-359.74-275.59-263.41
Net Assets From Acquisitions-344.94-340.24-139.09-44.12-663.32-220.36
Sale of Fixed Assets and Businesses3.7116.4811.3520.8827.976.65
Purchase or Sale of Investments-15.23-32.57-9.65-11.12-14.73-10.61
Purchase of Investments-15.23-32.57-9.65-11.12-14.73-10.61
Sale Or Maturity of Investments0.000.000.000.000.000.00
Other Uses-13.47-6.66-1.94-19.09-39.39-12.75
Other Sources-1.10-1.3516.047.64-17.6230.48
Cash from Investing Activities-640.81-653.87-432.27-405.56-982.67-470.00
Cash Dividends Paid0.000.000.000.000.000.00
Preferred Dividends (Cash Flow)0.000.000.000.000.000.00
Change in Capital Stock0.174.270.78-23.501.610.84
Repurchase of Common Pref Stock0.000.000.00-23.530.000.00
Sale of Common Pref Stock0.174.270.780.031.610.84
Proceedsfrom Stock Options0.000.000.000.000.000.00
Issuance or Reduction of Debt, Net583.42564.84219.55827.52878.4934.91
Change in Long Term Debt583.42564.84219.55827.52878.4934.91
Issuance of Long Term Debt603.15795.71226.162,766.28885.3951.70
Reduction of Long Term Debt-19.74-230.87-6.61-1,938.76-6.90-16.80
Net Financing Active Other Cash Flow-91.88-184.09-88.32-62.85-62.09-166.04
Other Financing Activities Uses-91.88-184.09-88.32-62.85-62.09-166.04
Cash from Financing Activities491.71385.02132.01741.16818.00-130.30
Exchange Rate Effect-1.15-69.75-54.6162.02-46.17278.18
Net Change in Cash-807.9480.681,983.96343.90-306.51-98.65
Free Cash Flow-908.57129.752,029.86-405.64-371.27-39.95
Price to Free Cash Flow51.3432.3229.22107.2524.1432.81

Revenue breakdown

Europe2024: 4.62B 2025: 5.82B
Total other foreign2024: 4.16B 2025: 5.06B
United States2024: 14.37B 2025: 14.33B
Concerts2024: 19.05B 2025: 20.90B
Consolidation, Policy2024: -52.38M 2025: -69.72M
Other Segments2024: -52.38M 2025: -69.72M
Sponsorship and Advertising2024: 1.20B 2025: 1.33B
Ticketing2024: 3.01B 2025: 3.11B

Short interest

shares short against float, oldest to newest
SettlementOf floatShares shortFloatAvg volume
2026-10-3015.87%25.4M159.9M1.91M
2026-10-1515.13%24.2M159.9M1.93M
2026-09-3014.94%23.9M159.9M1.96M
2026-09-1514.46%23.1M159.9M2.16M
2026-08-3115.10%24.1M159.9M2.22M
2026-08-1415.43%24.5M159.0M2.36M
2026-07-3115.47%24.6M158.9M2.54M
2026-07-1516.10%25.3M156.9M2.63M
2026-06-3015.27%24.0M156.9M2.83M
2026-06-1514.48%22.7M156.7M2.70M
2026-05-2913.61%21.3M156.8M2.91M
2026-05-1513.77%21.5M156.5M3.10M
2026-04-3013.68%21.4M156.5M3.05M
2026-04-1513.94%21.8M156.2M3.09M
2026-03-3113.31%20.8M156.2M3.02M
2026-03-1312.17%19.0M156.2M2.92M
2026-02-2711.17%17.4M156.2M2.83M
2026-02-1310.63%16.6M156.2M2.78M
2026-01-3010.61%16.6M156.1M3.04M
2026-01-1511.59%18.1M156.1M2.89M

Option chain

expiry 2026-11-13
TypeStrikeBidAskLastIVOpen intVolumeDeltaThetaVega
call95.0083.3086.400.005.6190.000.000.988-0.4750.004
call10078.3081.400.005.2290.000.000.987-0.4700.004
call10573.3076.400.004.8570.000.000.986-0.4650.005
call11068.3071.400.004.5010.000.000.985-0.4600.005
call11563.3066.400.004.1590.000.000.984-0.4540.005
call12058.3061.400.003.8300.000.000.982-0.4470.006
call12553.3056.500.003.5810.000.000.981-0.4400.006
call13048.6051.2049.203.0672.000.000.979-0.4320.006
call13543.5046.2052.802.7771.000.000.977-0.4230.007
call14038.7041.2041.172.4941.001.000.974-0.4130.008
call14137.5040.5040.242.6091.001.000.974-0.4110.008
call14236.3039.400.002.4970.000.000.973-0.4090.008
call14335.3038.500.002.4400.000.000.972-0.4070.008
call14434.3037.600.002.4350.000.000.972-0.4040.008
call14533.3036.600.002.3780.000.000.971-0.4020.008
call14632.3035.600.002.3200.000.000.970-0.3990.009
call14731.3034.500.002.2630.000.000.969-0.3970.009
call14830.3033.600.002.2060.000.000.969-0.3940.009
call14929.5032.600.002.1490.000.000.968-0.3920.009
call15028.5031.2023.301.9443.000.000.967-0.3890.009
call152.525.9028.7020.851.8092.000.000.964-0.3820.010
call15523.3026.500.001.8090.000.000.962-0.3740.011
call157.520.8024.000.001.6680.000.000.958-0.3650.011
call16018.5021.600.001.4480.000.000.954-0.3550.012
call162.515.8019.500.001.3850.000.000.949-0.3500.013
call16513.4016.800.001.2420.000.000.936-0.3790.016
call167.510.9014.100.001.1300.000.000.857-0.8010.029
call1708.5011.309.980.89134.000.000.841-0.7340.031
call172.56.609.105.680.82728.000.000.807-0.7160.035
call1754.307.105.300.7832250.000.729-0.8390.042
call177.52.354.503.800.5781944.000.664-0.6920.047
call1801.204.002.700.4661313.000.523-0.6700.051
call182.50.151.501.120.4601098.000.385-0.7560.049
call1850.200.800.490.4824957.000.276-0.6990.043
call187.50.050.400.180.4870.0016.000.185-0.5660.034
call1900.050.100.100.43311220.000.095-0.3300.022
call192.50.000.200.050.51863.002.000.068-0.2810.017
call1950.002.002.150.6001.000.000.048-0.2290.013
call197.50.002.151.200.6782.000.000.033-0.1790.009
call2000.002.151.100.75512.000.000.028-0.1670.008
call202.50.002.150.000.8290.000.000.025-0.1720.008
call2050.002.150.010.9010.001.000.024-0.1760.007
call207.50.000.750.000.9710.000.000.022-0.1790.007
call2100.001.550.001.0400.000.000.021-0.1820.006
call2150.001.850.001.1730.000.000.019-0.1880.006
call2200.002.150.001.3010.000.000.017-0.1930.005
call2250.001.550.001.4230.000.000.016-0.1980.005
call2300.001.550.001.5430.000.000.015-0.2020.005
call2350.002.150.001.6580.000.000.014-0.2060.005
call2400.002.150.001.7690.000.000.013-0.2090.004
call2450.002.150.001.8770.000.000.013-0.2120.004
call2500.002.150.001.9820.000.000.012-0.2150.004
call2550.002.150.002.0840.000.000.011-0.2180.004
put95.000.002.150.004.2890.000.00-0.012-0.4640.004
put1000.002.150.003.9780.000.00-0.013-0.4590.004
put1050.002.150.003.6820.000.00-0.014-0.4530.005
put1100.002.150.003.3980.000.00-0.015-0.4470.005
put1150.002.150.003.1260.000.00-0.016-0.4410.005
put1200.002.150.002.8650.000.00-0.018-0.4340.006
put1250.002.150.002.6120.000.00-0.019-0.4260.006
put1300.002.150.002.3670.000.00-0.021-0.4170.006
put1350.002.150.002.1300.000.00-0.023-0.4080.007
put1400.002.150.001.8990.000.00-0.026-0.3980.008
put1410.002.150.001.8530.000.00-0.026-0.3950.008
put1420.002.150.001.8080.000.00-0.027-0.3930.008
put1430.002.150.451.7631.000.00-0.028-0.3910.008
put1440.002.150.001.7170.000.00-0.028-0.3880.008
put1450.002.150.001.6730.000.00-0.029-0.3860.008
put1460.002.150.001.6280.000.00-0.030-0.3830.009
put1470.002.150.001.5840.000.00-0.031-0.3810.009
put1480.001.850.001.5390.000.00-0.031-0.3770.009
put1490.002.150.001.4950.000.00-0.032-0.3750.009
put1500.002.150.001.4510.000.00-0.033-0.3720.009
put152.50.002.150.001.3420.000.00-0.036-0.3650.010
put1550.002.150.181.23314.000.00-0.038-0.3570.011
put157.50.002.150.301.1252.000.00-0.042-0.3480.011
put1600.002.150.551.0162790.00-0.046-0.3380.012
put162.50.002.150.000.9080.000.00-0.051-0.3310.013
put1650.000.250.370.7402220.00-0.062-0.3320.016
put167.50.001.850.450.71929.000.00-0.075-0.3580.018
put1700.100.450.170.84112125.00-0.159-0.7150.031
put172.50.150.900.430.699276107-0.193-0.6970.035
put1750.051.801.580.67735.000.00-0.271-0.8190.042
put177.50.151.301.150.5023465.00-0.336-0.6720.047
put1801.502.352.400.48525450.00-0.477-0.6500.051
put182.52.704.805.300.6955.000.00-0.615-0.7360.049
put1854.106.909.410.7934.000.00-0.724-0.6790.043
put187.56.409.100.000.8830.000.00-0.815-0.5450.034
put1908.7011.1013.900.97713.000.00-0.905-0.3080.022
put192.511.2013.900.001.1090.000.00-0.932-0.2600.017
put19513.8016.400.001.2340.000.00-0.952-0.2070.013
put197.516.1018.900.001.3550.000.00-0.967-0.1570.009
put20018.6021.800.001.6720.000.00-0.972-0.1450.008
put202.521.1024.300.001.7890.000.00-0.975-0.1490.008
put20523.8026.800.001.9030.000.00-0.976-0.1530.007
put207.526.1029.300.002.0130.000.00-0.978-0.1560.007
put21028.6031.800.002.1200.000.00-0.979-0.1590.006
put21533.4036.800.002.3240.000.00-0.981-0.1640.006
put22038.5041.800.002.5190.000.00-0.983-0.1690.005
put22543.4046.800.002.7040.000.00-0.984-0.1730.005
put23048.6051.800.002.8820.000.00-0.985-0.1760.005
put23553.6056.800.003.0530.000.00-0.986-0.1790.005
put24058.6061.800.003.2170.000.00-0.987-0.1820.004
put24563.6066.800.003.3750.000.00-0.987-0.1850.004
put25068.6071.800.003.5280.000.00-0.988-0.1870.004
put25573.6076.800.003.6760.000.00-0.989-0.1890.004

Latest SEC filings

30
FiledFormDescriptionPeriodLink
2026-11-0510-QQuarterly report pursuant to Section 13 or 15(d)2026-09-30SEC
2026-11-058-KCurrent report2026-11-05SEC
2026-11-044Statement of changes in beneficial ownership of securities2026-11-02SEC
2026-11-043Initial statement of beneficial ownership of securities2026-11-02SEC
2026-10-168-KCurrent report2026-10-15SEC
2026-10-098-KCurrent report2026-10-07SEC
2026-10-024Statement of changes in beneficial ownership of securities2026-10-01SEC
2026-10-028-KCurrent report2026-09-30SEC
2026-09-258-KCurrent report2026-09-25SEC
2026-08-254Statement of changes in beneficial ownership of securities2026-08-24SEC
2026-08-24144Filing for proposed sale of securities under Rule 144.SEC
2026-08-074Statement of changes in beneficial ownership of securities2026-08-06SEC
2026-08-074Statement of changes in beneficial ownership of securities2026-08-06SEC
2026-08-074Statement of changes in beneficial ownership of securities2026-08-06SEC
2026-08-074Statement of changes in beneficial ownership of securities2026-08-06SEC
2026-08-07SCHEDULE 13GSEC
2026-07-3010-QQuarterly report pursuant to Section 13 or 15(d)2026-06-30SEC
2026-07-308-KCurrent report2026-07-30SEC
2026-07-144Statement of changes in beneficial ownership of securities2026-07-11SEC
2026-06-164Statement of changes in beneficial ownership of securities2026-06-15SEC
2026-06-15144Filing for proposed sale of securities under Rule 144.SEC
2026-06-124Statement of changes in beneficial ownership of securities2026-06-11SEC
2026-06-124Statement of changes in beneficial ownership of securities2026-06-11SEC
2026-06-124Statement of changes in beneficial ownership of securities2026-06-11SEC
2026-06-124Statement of changes in beneficial ownership of securities2026-06-11SEC
2026-06-124Statement of changes in beneficial ownership of securities2026-06-11SEC
2026-06-124Statement of changes in beneficial ownership of securities2026-06-11SEC
2026-06-124Statement of changes in beneficial ownership of securities2026-06-11SEC
2026-06-128-KCurrent report2026-06-11SEC
2026-06-124Statement of changes in beneficial ownership of securities2026-06-11SEC

Insider activity by month

MonthBoughtBuysSoldSells
2026-110000
2026-100000
2026-090000
2026-0800533.60K1
2026-070000
2026-0600370.13K1
2026-050025.93M2
2026-040000
2026-0300156.58K1
2026-020000
2026-010000
2025-120000
2025-110000

Institutional holders

Manager% owned
TUDOR INVESTMENT CORP ET AL10.76%
BlackRock, Inc.5.81%
PICTON MAHONEY ASSET MANAGEMENT5.37%
STATE STREET CORP4.89%
FMR LLC4.72%
VANGUARD CAPITAL MANAGEMENT LLC4.54%
VANGUARD PORTFOLIO MANAGEMENT LLC3.53%
PRINCIPAL FINANCIAL GROUP INC3.32%
Capital International Investors3.10%
BANK OF AMERICA CORP /DE/2.87%

Funds

Fund% owned
NYLIM MacKay High Yield Corporate Bond Fund16.88%
Income Fund of America15.83%
Virtus Convertible Fund14.52%
JPMorgan High Yield Fund10.98%
BrandywineGLOBAL - HIGH YIELD FUND10.90%
JPMorgan Active High Yield ETF7.75%
Invesco BulletShares 2027 High Yield Corporate Bond ETF7.10%
Virtus Artificial Intelligence & Technology Opportunities Fund6.66%
BrandywineGLOBAL - CORPORATE CREDIT FUND6.59%
NYLIM MacKay Short Duration High Income Fund6.51%

OakChart. LYV. Cached 15 minutes.