← 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 | |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Total Revenue | $8.4b | $10.3b | $10.8b | $11.5b | $1.9b | $6.3b | $16.7b | $22.7b | $23.2b | $25.2b | |
| 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 | $272.5m | $324.8m | ($1.7b) | ($417.9m) | $732.1m | $1.1b | $824.5m | $1.3b | |
| 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) | |
| Amortization of Intangible Assets | $178.1m | $202.6m | $190.7m | $223.5m | $239.3m | $193.4m | $216.9m | $237.6m | $249.3m | $264.6m | |
| Convertible debt interest, net of tax | — | — | — | — | — | — | $0 | $0 | $9.2m | $0 | |
| Depreciation and amortization | $403.7m | $455.5m | $386.5m | $444.0m | $485.0m | $416.3m | $450.0m | $516.8m | $549.9m | $638.9m | |
| 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) | |
| 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) | — | — | |
| Goodwill, Impairment Loss | $0 | $20.0m | $10.5m | $0 | $0 | $0 | — | $0 | $0 | $0 | |
| 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 | |
| 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 | |
| Interest income | ($2.6m) | ($5.7m) | ($9.0m) | ($14.4m) | ($11.7m) | ($6.6m) | ($77.6m) | ($237.8m) | ($156.3m) | ($150.4m) | |
| Investment Income, Interest | $2.6m | $5.7m | $9.0m | $14.4m | $11.7m | $6.6m | $77.6m | $237.8m | $156.3m | $150.4m | |
| Loss on extinguishment of debt | $14.0m | $1.0m | $2.5m | — | — | $0 | $0 | $18.5m | $2.6m | $780k | |
| 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 | |
| Income before income taxes | $48.3m | ($9.4m) | $131.1m | $185.1m | ($1.9b) | ($611.3m) | $505.4m | $894.5m | $739.4m | $1.0b | |
| Net Income (Loss) Attributable to Parent | $2.9m | ($6.0m) | $60.2m | $69.9m | ($1.7b) | ($650.9m) | $296.0m | $563.3m | $896.3m | $496.0m | |
| Net Income (Loss) Available to Common Stockholders, Basic | ($47.0m) | ($97.6m) | ($17.7m) | ($4.9m) | ($1.7b) | ($670.7m) | $149.2m | $315.8m | $638.2m | ($54.8m) | |
| 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 | |
| Net income attributable to noncontrolling interests | $17.4m | $13.8m | $30.1m | $48.3m | ($103.3m) | $42.1m | $113.2m | $171.0m | $234.8m | $194.8m | |
| Earnings Per Share, Basic | — | — | — | — | ($8.12) | ($3.09) | $0.66 | $1.38 | $2.77 | ($0.24) | |
| Earnings Per Share, Diluted | ($0.23) | ($0.48) | ($0.09) | ($0.02) | ($8.12) | ($3.09) | $0.64 | $1.37 | $2.74 | ($0.24) | |
| Weighted Average Number of Shares Outstanding, Basic | — | — | — | — | $212.3m | $217.2m | 224.8m | 228.6m | 230.1m | 231.8m | |
| 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 | |
| Business Combination, Acquisition Related Costs | — | — | — | — | — | — | $68.1m | $93.7m | $128.5m | $259.6m | |
| Corporate expenses | $125.1m | $135.0m | $153.4m | $168.8m | $102.1m | $160.4m | $237.8m | $330.8m | $367.6m | $474.7m | |
| 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 | |
| Interest Expense | $106.5m | $106.7m | $138.5m | $157.5m | $226.8m | $282.4m | $278.5m | $350.2m | $326.0m | $316.0m | |
| Interest Expense, Debt | — | — | — | — | — | — | — | — | — | $79.0m | |
| Other General Expense | $125.1m | $135.0m | $153.4m | $168.8m | $102.1m | $160.4m | $237.8m | $330.8m | $367.6m | $474.7m | |
| 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 | |
| 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 | |
| Selling, general and administrative expenses | $1.5b | $1.9b | $2.0b | $2.1b | $1.5b | $1.8b | $3.0b | $3.6b | $4.1b | $4.1b | |
| Income Tax Expense (Benefit) | $28.0m | ($17.2m) | $40.8m | $66.9m | ($28.9m) | ($2.5m) | $96.3m | $160.2m | ($391.7m) | $339.8m |
Values abbreviated: b = billions, m = millions, k = thousands. Per share data in USD.