financial statements

The full income statement, balance sheet, and cash-flow statement for Live Nation Entertainment Inc. (LYV), plus valuation ratios — straight from SEC filings. Switch between annual, quarterly, and trailing-twelve-month figures, pick how far back to look, and flip the time order. Every line has a trend sparkline.

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PeriodRangeOrderChangeYoYQoQAs-reported fiscal years.

Line item	FY2025	FY2024	FY2023	FY2022	FY2021
Income Statement	as ofDec 31 ’25	as ofDec 31 ’24	as ofDec 31 ’23	as ofDec 31 ’22	as ofDec 31 ’21
Revenue	25.2B YoY+8.8%	23.2B YoY+1.9%	22.7B YoY+36.2%	16.7B YoY+166.1%	6.27B YoY+236.8%
Selling, general & administrative	4.09B YoY+1.2%	4.04B YoY+15.0%	3.52B YoY+19.0%	2.96B YoY+68.4%	1.75B YoY+15.1%
Amortization of intangibles	265M YoY+6.1%	249M YoY+4.9%	238M YoY+9.5%	217M YoY+12.2%	193M YoY-19.2%
Provision for credit losses	30.8M YoY+2972.3%	1.00M YoY-98.7%	78.3M YoY+14.2%	68.6M YoY+484.9%	-17.8M YoY-141.4%
Operating income	1.25B YoY+51.8%	825M YoY-24.0%	1.08B YoY+50.3%	722M YoY+272.8%	-418M YoY+74.7%
Interest expense	316M YoY-3.0%	326M YoY-6.9%	350M YoY+25.8%	278M YoY-1.4%	282M YoY+24.5%
Interest & investment income	150M YoY-3.7%	156M YoY-34.3%	238M YoY+206.4%	77.6M YoY+1071.6%	6.63M YoY-43.6%
Other non-operating income	-57.5M YoY-155.4%	104M YoY+394.5%	-35.3M YoY+14.4%	-41.2M YoY-1016.3%	-3.69M YoY-119.6%
Equity-method income	3.21M YoY+119.2%	-16.7M YoY-205.7%	-5.46M YoY-151.6%	10.6M YoY+319.5%	2.52M YoY+146.2%
Pre-tax income	1.03B YoY+39.4%	739M YoY-19.0%	913M YoY+86.2%	491M YoY+180.2%	-611M YoY+67.1%
Income tax	340M YoY+186.7%	-392M YoY-287.0%	209M YoY+80.7%	116M YoY+4773.2%	-2.48M YoY+91.4%
	496M YoY-44.7%	896M YoY+60.9%	557M YoY+109.0%	266M YoY+140.9%	-651M YoY+62.3%
Net income to non-controlling interest	195M YoY-17.1%	235M YoY+59.9%	147M YoY+35.8%	108M YoY+156.8%	42.1M YoY+140.8%
Net income to common	-54.8M YoY-108.6%	638M YoY+106.2%	309M YoY+158.6%	120M YoY+117.8%	-671M YoY+61.1%
	-$0.24 YoY-108.8%	$2.74 YoY+104.5%	$1.34 YoY+157.7%	$0.52 YoY+116.8%	-$3.09 YoY+61.9%
EPS (basic)	-$0.24 YoY-108.7%	$2.77 YoY+105.2%	$1.35 YoY+154.7%	$0.53 YoY+117.2%	-$3.09 YoY+61.9%
Weighted-avg shares (basic)	232M YoY+0.7%	230M YoY+0.7%	229M YoY+1.7%	225M YoY+3.5%	217M YoY+2.3%
Weighted-avg shares (diluted)	232M YoY-1.9%	236M YoY+2.3%	231M YoY-0.3%	232M YoY+6.6%	217M YoY+2.3%
Balance Sheet	as ofDec 31 ’25	as ofDec 31 ’24	as ofDec 31 ’23	as ofDec 31 ’22	as ofDec 31 ’21
	11.0B YoY+18.1%	9.29B YoY-2.6%	9.53B YoY+16.8%	8.16B YoY+22.1%	6.68B YoY+83.1%
Cash & equivalents	7.09B YoY+16.4%	6.10B YoY-2.2%	6.23B YoY+11.2%	5.61B YoY+14.8%	4.88B YoY+92.5%
Accounts receivable	2.01B YoY+15.0%	1.75B YoY-13.7%	2.02B YoY+38.2%	1.47B YoY+37.4%	1.07B YoY+119.1%
Inventory	56.6M YoY+12.8%	50.1M YoY+11.1%	45.1M YoY+16.6%	38.7M YoY+14.5%	33.8M YoY+53.8%
Prepaid expenses	1.45B YoY+16.6%	1.25B YoY+8.7%	1.15B YoY+20.8%	950M YoY+45.0%	655M YoY+13.5%
Other current assets	417M YoY+108.5%	200M YoY+63.9%	122M YoY-7.4%	132M YoY+76.3%	74.8M YoY+89.6%
	22.9B YoY+16.7%	19.6B YoY+3.2%	19.0B YoY+15.6%	16.5B YoY+14.3%	14.4B YoY+36.0%
Property, plant & equipment	3.42B YoY+39.9%	2.44B YoY+16.2%	2.10B YoY+41.3%	1.49B YoY+36.2%	1.09B YoY-0.9%
Operating lease right-of-use	1.87B YoY+15.6%	1.62B YoY+0.7%	1.61B YoY+2.2%	1.57B YoY+2.1%	1.54B YoY+8.1%
Goodwill	2.89B YoY+10.2%	2.62B YoY-2.6%	2.69B YoY+6.4%	2.53B YoY-2.4%	2.59B YoY+21.7%
Intangible assets	1.08B YoY+9.4%	986M YoY-15.1%	1.16B YoY+10.6%	1.05B YoY+2.4%	1.03B YoY+20.0%
Deferred tax assets	451M YoY-22.0%	578M YoY+1249.0%	42.8M	—	—
Other non-current assets	1.68B YoY-5.4%	1.78B YoY+90.5%	935M YoY+28.9%	725M YoY+32.2%	548M YoY+40.2%
	11.0B YoY+17.9%	9.36B YoY-6.3%	9.98B YoY+20.2%	8.30B YoY+21.1%	6.86B YoY+80.6%
Accounts payable	253M YoY+4.2%	243M YoY-9.2%	267M YoY+48.5%	180M YoY+62.8%	111M YoY+28.1%
Accrued liabilities	3.56B YoY+7.7%	3.30B YoY+8.9%	3.03B YoY+28.0%	2.37B YoY+43.9%	1.65B YoY+84.1%
Deferred revenue	4.46B YoY+19.9%	3.72B YoY+9.4%	3.40B YoY+9.7%	3.10B YoY+10.7%	2.80B YoY+55.6%
Current lease liability	168M YoY+9.4%	153M YoY-3.2%	158M YoY+13.0%	140M YoY+13.4%	124M YoY+15.5%
Other current liabilities	482M YoY+122.9%	216M YoY+68.4%	128M YoY+86.9%	68.7M YoY-17.3%	83.1M YoY+15.3%
Long-term debt	1.72B YoY+0.0%	1.72B YoY+0.0%	1.72B YoY+0.0%	1.72B YoY+0.0%	1.72B YoY+0.0%
Deferred revenue (non-current)	73.1M YoY-39.1%	120M YoY+98.3%	60.6M YoY+6.3%	57.0M YoY-51.2%	117M YoY+31.6%
Non-current lease liability	2.04B YoY+21.2%	1.68B YoY-0.3%	1.69B YoY+1.9%	1.65B YoY+3.0%	1.61B YoY+11.1%
Deferred tax liabilities	83.3M YoY-40.6%	140M YoY-56.8%	325M YoY+6.3%	306M YoY+29.2%	237M YoY+38.5%
Other non-current liabilities	416M YoY-13.0%	478M YoY-2.1%	488M YoY+7.1%	456M YoY+5.7%	432M YoY+22.2%
	271M YoY+56.4%	173M YoY+431.3%	-52.3M YoY+85.8%	-368M YoY+36.9%	-583M YoY-23.5%
Preferred stock	0.00	0.00	0.00	0.00	0.00
Common stock	2.33M YoY+0.6%	2.31M YoY+0.7%	2.30M YoY+0.6%	2.29M YoY+2.9%	2.22M YoY+3.5%
Additional paid-in capital	1.46B YoY-29.3%	2.06B YoY-13.0%	2.37B YoY-12.2%	2.70B YoY-6.9%	2.90B YoY+21.4%
Retained earnings	-1.04B YoY+32.6%	-1.55B YoY+36.7%	-2.44B YoY+17.8%	-2.97B YoY+10.7%	-3.33B YoY-24.3%
Treasury stock	30.4M YoY+342.8%	6.87M YoY+0.0%	6.87M YoY+0.0%	6.87M YoY+0.0%	6.87M YoY+0.0%
Accumulated other comprehensive income	-115M YoY+65.7%	-335M YoY-1320.8%	27.4M YoY+130.5%	-90.1M YoY+41.0%	-153M YoY+13.7%
Non-controlling interest	623M YoY-3.5%	646M YoY+6.9%	604M YoY+31.0%	461M YoY+17.0%	394M YoY+16.6%
Total equity incl. non-controlling	894M YoY+9.2%	819M YoY+48.4%	552M YoY+748.9%	65.0M YoY+133.8%	-193M YoY-43.9%
Total liabilities & equity	22.9B YoY+16.7%	19.6B YoY+3.2%	19.0B YoY+15.6%	16.5B YoY+14.3%	14.4B YoY+36.0%
Common shares issued	236M YoY+0.5%	235M YoY+0.5%	234M YoY+0.9%	232M YoY+2.9%	225M YoY+3.0%
Common shares outstanding	235M YoY+0.5%	234M YoY+0.5%	233M YoY+0.9%	231M YoY+2.9%	225M YoY+3.1%
Shares outstanding (cover)	235M YoY+1.0%	232M YoY+0.9%	230M YoY-0.2%	231M YoY+2.8%	225M YoY+3.5%
Cash Flow	as ofDec 31 ’25	as ofDec 31 ’24	as ofDec 31 ’23	as ofDec 31 ’22	as ofDec 31 ’21
	1.40B YoY-19.1%	1.73B YoY+26.6%	1.36B YoY-25.7%	1.84B YoY+3.1%	1.78B YoY+264.4%
Depreciation & amortization	639M YoY+16.2%	550M YoY+6.4%	517M YoY+14.8%	450M YoY+8.1%	416M YoY-14.2%
Share-based compensation	155M YoY+40.7%	110M YoY-4.8%	116M YoY+5.4%	110M YoY-47.4%	209M YoY+79.1%
Deferred income taxes	-20.5M YoY+97.1%	-709M YoY-1509.7%	-44.0M YoY-711.4%	7.20M YoY+174.7%	-9.64M YoY+74.6%
Change in receivables	148M YoY+181.5%	-181M YoY-134.5%	526M YoY+18.3%	445M YoY-8.4%	485M YoY+198.9%
	-1.23B YoY-43.6%	-854M YoY-22.8%	-696M YoY+11.3%	-785M YoY-38.4%	-567M YoY-153.0%
Capital expenditure	1.06B YoY+64.2%	647M YoY+47.4%	439M YoY+26.3%	347M YoY+127.3%	153M YoY-28.5%
Acquisitions	80.0M YoY-18.6%	98.3M YoY+460.7%	17.5M YoY-93.2%	257M YoY-33.1%	384M YoY+835.3%
Other investing activities	-13.5M YoY-180.5%	-4.81M YoY+64.8%	-13.6M YoY-59.2%	-8.57M YoY-265.8%	-2.34M YoY+70.2%
	407M YoY+161.7%	-659M YoY-654.5%	-87.3M YoY+39.1%	-143M YoY-112.2%	1.17B YoY-13.2%
Long-term debt repaid	2.05B YoY+4.6%	1.96B YoY+168.2%	731M YoY+1495.6%	45.8M YoY-58.3%	110M YoY+254.0%
Common stock repurchased	23.5M	0.00	0.00	—	—
Other financing activities	-1.66M YoY-132.2%	-715K YoY-77.9%	-402K YoY+16.9%	-484K YoY-556.6%	106K YoY+194.4%
FX effect on cash	426M YoY+223.3%	-345M YoY-988.0%	38.9M YoY+122.3%	-175M YoY-300.6%	-43.6M YoY-247.4%
Net change in cash	1.00B YoY+853.4%	-133M YoY-121.5%	619M YoY-15.5%	732M YoY-68.7%	2.34B YoY+3143.0%
Interest paid	119M YoY-10.6%	133M YoY+131.4%	57.4M YoY-68.3%	181M YoY-19.4%	224M YoY+34.9%
Income taxes paid	313M YoY+23.4%	254M YoY+44.8%	175M YoY+299.3%	43.9M YoY+175.7%	15.9M YoY-39.2%
Valuation Ratios	as ofDec 31 ’25	as ofDec 31 ’24	as ofDec 31 ’23	as ofDec 31 ’22	as ofDec 31 ’21
Market cap	33.5B YoY+11.2%	30.1B YoY+39.6%	21.6B YoY+33.9%	16.1B YoY-40.1%	26.9B YoY+68.5%
P/E	67.4× YoY+100.9%	33.6× YoY-13.2%	38.7× YoY-26.7%	52.7×	—
P/S	1.3× YoY+2.1%	1.3× YoY+27.9%	1.0× YoY-4.4%	1.1× YoY-75.2%	4.3× YoY-50.0%
P/B	123.4× YoY-28.9%	173.7× YoY+78.8%	97.1×	—	—
P/FCF	100.3× YoY+259.4%	27.9× YoY+57.4%	17.7× YoY+58.0%	11.2× YoY-32.1%	16.5×
Earnings yield	1.5% YoY-50.2%	3.0% YoY+15.2%	2.6% YoY+36.4%	1.9%	—
FCF yield	1.0% YoY-72.2%	3.6% YoY-36.5%	5.6% YoY-36.7%	8.9% YoY+47.2%	6.1%
Source filing	10-K	10-K	10-K	10-K	10-K

About this data

Source: LYV's SEC filings (10-K / 10-Q). Annual columns are as-reported fiscal years; quarterly columns are as-reported fiscal quarters (Q4 derived as full-year minus the first three quarters where a company doesn't file a standalone Q4); TTM (quarterly) rolls the trailing four quarters at every quarter end, TTM (yearly) samples that one year apart; balance-sheet rows show the period-end balance. Valuation ratios are sampled as of each period end. View all LYV filings on SEC EDGAR → Not investment advice.

LYV▼ financial statements

About this data

financial statements