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Live Nation Entertainment (LTS:0JVD) Net Margin % : 5.91% (As of Sep. 2024)


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What is Live Nation Entertainment Net Margin %?

Net margin is calculated as Net Income divided by its Revenue. Live Nation Entertainment's Net Income for the three months ended in Sep. 2024 was $452 Mil. Live Nation Entertainment's Revenue for the three months ended in Sep. 2024 was $7,651 Mil. Therefore, Live Nation Entertainment's net margin for the quarter that ended in Sep. 2024 was 5.91%.

The historical rank and industry rank for Live Nation Entertainment's Net Margin % or its related term are showing as below:

LTS:0JVD' s Net Margin % Range Over the Past 10 Years
Min: -92.66   Med: -0.01   Max: 2.48
Current: 2.04


LTS:0JVD's Net Margin % is ranked better than
54.09% of 1028 companies
in the Media - Diversified industry
Industry Median: 1.03 vs LTS:0JVD: 2.04

Live Nation Entertainment Net Margin % Historical Data

The historical data trend for Live Nation Entertainment's Net Margin % 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 Net Margin % Chart

Live Nation Entertainment Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Net Margin %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.61 -92.66 -10.38 1.77 2.48

Live Nation Entertainment Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
Net Margin % 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 6.39 -3.88 -1.23 4.95 5.91

Competitive Comparison of Live Nation Entertainment's Net Margin %

For the Entertainment subindustry, Live Nation Entertainment's Net Margin %, along with its competitors' market caps and Net Margin % 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 Net Margin % Distribution in the Media - Diversified Industry

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

* The bar in red indicates where Live Nation Entertainment's Net Margin % falls into.



Live Nation Entertainment Net Margin % Calculation

Net margin - also known as net profit margin is the ratio of Net Income divided by net sales or Revenue, usually presented in percent.

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

Net Margin=Net Income (A: Dec. 2023 )/Revenue (A: Dec. 2023 )
=563.28/22749.073
=2.48 %

Live Nation Entertainment's Net Margin for the quarter that ended in Sep. 2024 is calculated as

Net Margin=Net Income (Q: Sep. 2024 )/Revenue (Q: Sep. 2024 )
=451.805/7651.087
=5.91 %

* 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  (LTS:0JVD) Net Margin % Explanation

Although Net Income and Earnings-per-Share (EPS) are the most widely used parameter in measuring a company's profitability and valuation, it is the least reliable. The reason is that reported earnings can be manipulated easily by adjusting any numbers such as Depreciation, Depletion and Amotorization and non-recurring items.

But the long term trend of the net margin is a good indicator of the competitiveness and health of the business.


Live Nation Entertainment Net Margin % Related Terms

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Live Nation Entertainment Business Description

Traded in Other Exchanges
Address
9348 Civic Center Drive, Beverly Hills, CA, USA, 90210
Live Nation is the largest live entertainment company in the world, serving as a concert promoter, venue operator, and ticketing platform. In addition, the firm generates revenue from sponsorships and advertising. With offices in 45 countries, Live Nation promotes concerts globally and it owns, operates, or had exclusive booking rights to 373 venues worldwide at the end of 2023, which the firm says makes it the second-largest operator of music venues globally. In 2023, Live Nation promoted more than 50,000 events, drawing more than 145 million fans. Ticketmaster is a dominant global ticketing service, selling more than 620 million tickets in 2023.

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