Net margin is calculated as Net Income divided by its Revenue. Live Nation Entertainment's Net Income for the
three
months ended in Dec. 2023 was $-211 Mil. Live Nation Entertainment's Revenue for the
three
months ended in Dec. 2023 was $5,839 Mil. Therefore, Live Nation Entertainment's net margin for the quarter that ended in Dec. 2023 was -3.61%.
The historical rank and industry rank for Live Nation Entertainment's Net Margin % or its related term are showing as below:
LYV'
s Net Margin % Range Over the Past 10 Years
Min: -92.66 Med: -0.01 Max: 2.48
Current: 2.48
LYV's Net Margin % is ranked better than 53.9% of 1039
companies
in the Media - Diversified industry
Industry Median: 1.5
vs LYV: 2.48
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.
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
* 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 (NYSE:LYV) 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
Thank you for viewing the detailed overview of Live Nation Entertainment's Net Margin % provided by GuruFocus.com. Please click on the following links to see related term pages.
Live Nation Entertainment (Live Nation Entertainment) Business Description
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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