Live Nation Entertainment

Live Nation Entertainment is an American global entertainment company that operates in these main industries within the live entertainment business: live music events and associated venue operations, sponsorship and advertising sales, ticketing services and artist management.
The live music industry includes concert promotion and/or production of music events or tours. The sponsorship and advertising industry within the live entertainment business involves the sale of international, national, regional and local advertising and promotional programs to a variety of companies to advertise or promote their brand, product or service. Ticketing services include the sale of tickets primarily through online and mobile channels but also through phone, outlet and box office channels. Artist management sector primarily provide services to music recording artists to manage their careers. 


Company Growth (employees)
Type
Public
HQ
Beverly Hills, US
Founded
2005
Size (employees)
8,300 (est)+8%
Live Nation Entertainment was founded in 2005 and is headquartered in Beverly Hills, US

Key People at Live Nation Entertainment

Michael Rapino

Michael Rapino

President, Chief Executive Officer and Director
Kathy Willard

Kathy Willard

Chief Financial Officer
Joe Berchtold

Joe Berchtold

Chief Operating Officer

Live Nation Entertainment Office Locations

Live Nation Entertainment has an office in Beverly Hills
Beverly Hills, US (HQ)
9348 Civic Center Dr

Live Nation Entertainment Data and Metrics

Live Nation Entertainment Financial Metrics

Live Nation Entertainment's revenue was reported to be $1.4 b in Q1, 2017
USD

Revenue (Q1, 2017)

1.4 b

Net income (Q1, 2017)

(47.8 m)

EBIT (Q1, 2017)

(21.4 m)

Market capitalization (21-Jul-2017)

7.4 b

Cash (31-Mar-2017)

2.2 b
Live Nation Entertainment's current market capitalization is $7.4 b.
USDFY, 2013FY, 2014FY, 2015FY, 2016

Revenue

6.5 b6.9 b7.2 b8.4 b

Revenue growth, %

6%6%15%

General and administrative expense

1.5 b

Operating expense total

1.5 b

EBIT

139.7 m7.2 m131.4 m194.9 m

EBIT margin, %

2%0%2%2%

Interest expense

111.7 m106.3 m102.9 m106.5 m

Interest income

(5.1 m)(3.6 m)(3.5 m)(2.6 m)

Pre tax profit

(5.1 m)(99.8 m)6.4 m48.3 m

Income tax expense

30.9 m4.6 m22.1 m28 m

Net Income

(36 m)(104.5 m)(15.8 m)20.3 m
USDQ2, 2014Q3, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017

Revenue

1.7 b2.5 b1.1 b1.8 b2.6 b1.2 b2.2 b3.2 b1.4 b

General and administrative expense

325.9 m349.7 m314.5 m326.8 m362 m336.2 m374.8 m414.4 m383.3 m

Operating expense total

325.9 m349.7 m314.5 m326.8 m362 m336.2 m374.8 m414.4 m383.3 m

EBIT

55.7 m150.6 m(23.9 m)42.2 m153.5 m(33.3 m)74.2 m191.3 m(21.4 m)

EBIT margin, %

3%6%(2%)2%6%(3%)3%6%(2%)

Interest expense

27.6 m28.1 m25.4 m25.7 m25.8 m25.4 m25.3 m25.2 m26 m

Interest income

(1.1 m)(864 k)(1.6 m)(394 k)(460 k)(556 k)(650 k)(625 k)(945 k)

Pre tax profit

30.5 m112.7 m(65.8 m)25.1 m118 m(49 m)41.9 m146.6 m(41.2 m)

Income tax expense

4.7 m(3.1 m)745 k4.9 m13.6 m6.9 m5.4 m13.8 m6.5 m

Net Income

(4.3 m)111.6 m(66.5 m)(46.3 m)58.1 m(56 m)(19.5 m)113.3 m(47.8 m)
USDFY, 2013FY, 2014FY, 2015FY, 2016

Cash

1.3 b1.4 b1.3 b1.5 b

Current Assets

2.2 b2.3 b2.3 b2.7 b

PP&E

706.8 m695.3 m731.3 m751.5 m

Goodwill

1.5 b1.5 b1.6 b1.7 b

Total Assets

5.7 b6 b6.2 b6.8 b

Accounts Payable

111.3 m74.2 m58.6 m55 m

Total Debt

1.8 b2.1 b2 b2.3 b

Current Liabilities

2.3 b2 b2.1 b2.5 b

Additional Paid-in Capital

2.4 b2.4 b2.4 b2.4 b

Retained Earnings

(951.8 m)(1 b)(1.1 b)(1.1 b)

Total Equity

1.6 b1.5 b1.4 b1.3 b

Debt to Equity Ratio

1.1 x1.4 x1.4 x1.7 x

Debt to Assets Ratio

0.3 x0.3 x0.3 x0.3 x

Financial Leverage

3.6 x4 x4.3 x5 x
USDQ2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017

Cash

1.5 b1.1 b1.7 b1.5 b1 b2.2 b

Current Assets

2.8 b2.3 b3 b3 b2.4 b3.6 b

PP&E

701.8 m719.5 m722.8 m712.8 m720.6 m782.2 m

Goodwill

1.6 b1.6 b1.6 b1.7 b1.7 b1.7 b

Total Assets

6.7 b6.3 b6.9 b7 b6.4 b7.8 b

Accounts Payable

86.1 m88.2 m76.2 m103.7 m66.3 m68.3 m

Current Liabilities

2.7 b2.1 b2.9 b3 b2.3 b3.5 b

Common Stock

2 m2 m2 m2 m2 m2 m

Additional Paid-in Capital

2.4 b2.4 b2.4 b2.4 b2.4 b2.4 b

Retained Earnings

(1.1 b)(996.8 m)(1.1 b)(1.1 b)(972.1 m)(1.1 b)

Total Equity

1.4 b1.5 b1.4 b1.4 b1.5 b1.3 b

Financial Leverage

4.6 x4 x4.9 x5 x4.2 x5.8 x
USDFY, 2013FY, 2014FY, 2015FY, 2016

Net Income

(36 m)(104.5 m)(15.8 m)20.3 m

Depreciation and Amortization

139.3 m

Accounts Receivable

11.5 m(14.4 m)(67.2 m)(146.1 m)

Cash From Operating Activities

417.5 m269.4 m300.2 m597.5 m

Purchases of PP&E

(134.9 m)(139.6 m)(142.5 m)(173.8 m)

Cash From Investing Activities

(143.7 m)(384.3 m)(291 m)(426.5 m)

Long-term Borrowings

(886.6 m)(253.8 m)(63.6 m)(606.8 m)

Cash From Financing Activities

33 m240.9 m(36.5 m)99.2 m

Income Taxes Paid

45.6 m41.5 m44.3 m30.3 m
USDQ2, 2014Q3, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017

Net Income

(4.3 m)111.6 m(66.5 m)(46.3 m)58.1 m(56 m)(19.5 m)113.3 m(47.8 m)

Depreciation and Amortization

61.9 m93.1 m32.1 m63.7 m97.8 m33.1 m67.5 m104.1 m35.9 m

Accounts Receivable

(126.5 m)(193.7 m)(47.7 m)(122.1 m)(232.1 m)(16.9 m)(171.7 m)(345.3 m)(6.6 m)

Cash From Operating Activities

338.5 m(13.8 m)342.5 m357.2 m(22.6 m)517.4 m511 m119.5 m760.7 m

Purchases of PP&E

(66.4 m)(98.2 m)(29.4 m)(67.3 m)(97.5 m)(30.7 m)(78.9 m)(119.7 m)(58.9 m)

Cash From Investing Activities

(93.6 m)(159.7 m)(50.6 m)(163.9 m)(227.1 m)(85.7 m)(219.4 m)(260.2 m)(75 m)

Long-term Borrowings

(15.1 m)(8.7 m)(17.2 m)(22.9 m)(9.8 m)(18.6 m)(28.8 m)(11.8 m)

Cash From Financing Activities

484.2 m251.3 m(19.2 m)(27 m)(25.8 m)(53.3 m)(69.1 m)(109.7 m)(5.1 m)
USDY, 2017

Revenue/Employee

170.3 k

Financial Leverage

5.8 x

Live Nation Entertainment Market Value History

Live Nation Entertainment Online and Social Media Presence

Live Nation Entertainment Company Life and Culture

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