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Live Nation Entertainment (FRA:3LN) Market Cap : €20,649 Mil (As of May. 16, 2024)


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What is Live Nation Entertainment Market Cap?

Market cap is the total market value to buy the whole company. It is equal to the share price times the number of Shares Outstanding (EOP). Live Nation Entertainment's share price for the quarter that ended in Mar. 2024 was €98.2. Live Nation Entertainment's Shares Outstanding (EOP) for the quarter that ended in Mar. 2024 was 230 Mil. Therefore, Live Nation Entertainment's market cap for the quarter that ended in Mar. 2024 was €22,569 Mil.

Live Nation Entertainment's quarterly market cap increased from Sep. 2023 (€18,088 Mil) to Dec. 2023 (€19,761 Mil) and increased from Dec. 2023 (€19,761 Mil) to Mar. 2024 (€22,569 Mil).

Live Nation Entertainment's annual market cap declined from Dec. 2021 (€23,613 Mil) to Dec. 2022 (€15,113 Mil) but then increased from Dec. 2022 (€15,113 Mil) to Dec. 2023 (€19,761 Mil).

Enterprise Value is the theoretical takeover price. It is more comprehensive than market capitalization (market cap), which only includes common equity. Enterprise Value is calculated as the market cap plus debt and minority interest and preferred shares, minus total cash and cash equivalents. Live Nation Entertainment's Enterprise Value for Today is €22,054 Mil.


Live Nation Entertainment Market Cap Historical Data

The historical data trend for Live Nation Entertainment's Market Cap can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Live Nation Entertainment Market Cap Chart

Live Nation Entertainment Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Market Cap
Get a 7-Day Free Trial Premium Member Only Premium Member Only 13,677.44 13,216.07 23,613.34 15,113.10 19,760.76

Live Nation Entertainment Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Market Cap Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 14,461.66 18,807.80 18,088.38 19,760.76 22,569.11

Competitive Comparison of Live Nation Entertainment's Market Cap

For the Entertainment subindustry, Live Nation Entertainment's Market Cap, along with its competitors' market caps and Market Cap data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Live Nation Entertainment's Market Cap Distribution in the Media - Diversified Industry

For the Media - Diversified industry and Communication Services sector, Live Nation Entertainment's Market Cap distribution charts can be found below:

* The bar in red indicates where Live Nation Entertainment's Market Cap falls into.



Live Nation Entertainment Market Cap Calculation

Market cap is the short version of market capitalization. It is the total market value to buy the whole company. It is equal to the share price times the number of shares outstanding.

Live Nation Entertainment's Market Cap for the fiscal year that ended in Dec. 2023 is calculated as

Market Cap (A: Dec. 2023 )=Share Price (A: Dec. 2023 )*Shares Outstanding (EOP) (A: Dec. 2023 )
=€84.7*233.303
=€19,761

Live Nation Entertainment's Market Cap for the quarter that ended in Mar. 2024 is calculated as

Market Cap (Q: Mar. 2024 )=Share Price (Q: Mar. 2024 )*Shares Outstanding (EOP) (Q: Mar. 2024 )
=€98.2*229.828
=€22,569

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Live Nation Entertainment  (FRA:3LN) Market Cap Explanation

Market cap is not the real price you pay for a company. If you buy the company and become its owner, you become the owner of the cash the company has, and you also assume the company’s debt. The real price you pay is the Enterprise Value.

Warren Buffett uses the ratio of total market cap of all public traded companies over GDP to measure if the market is expensive. As of April 2012, the US total market cap is about $14.7 trillion, while the US GDP is about $15 trillion. The market was modestly overvalued.


Live Nation Entertainment Market Cap Related Terms

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Live Nation Entertainment (FRA:3LN) Business Description

Traded in Other Exchanges
Address
9348 Civic Center Drive, Beverly Hills, CA, USA, 90210
Live Nation is the largest live entertainment firm in the world with over 670 million fans served in 48 countries in 2022 by the company's concert and ticketing platforms. Via either owning, operating, or holding exclusive booking rights, Live Nation controls over 338 venues including the House of Blues. Live Nation also owns one of the largest ticketing services, Ticketmaster, which sold over 550 million tickets for over 12,000 clients in 2022. Its artist management agencies have over 400 clients. This large live entertainment footprint helped Live Nation become one of the largest advertising and sponsorship platforms aimed at music fans. Liberty Media owns 31% of Live Nation, held under its Sirius XM tracking stock. Liberty plans to spin off its stake into a dedicated tracking stock.

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