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Selling, general, & admin. expense (SGA) includes the direct and indirect costs and all general and administrative expenses of a company. Live Nation Entertainment's selling, general, & admin. expense for the
three
months ended in Jun. 2026 was R$5,816 Mil.
Its selling, general, & admin. expense for the trailing twelve months (TTM) ended in Jun. 2026 was R$23,350 Mil.
Live Nation Entertainment (BSP:L1YV34) Selling, General, & Admin. Expense Explanation
An efficient operation keeps SGA costs low and thus has higher profit margin. The percentage of SGA relative to total revenue is an indication of how efficiently the company operates. Compare this percentage among the companies in the same industry is a good way of finding more efficient operations. A comparison of the SGA cost relative to the revenue with the historical value can also be an indication of how efficient the company has become.
Warren Buffett likes companies with consistent SGA as the percentage of gross profit.
Companies with no durable competitive advantage show wild variation in SG&A as % of Gross Profit.
If SGA is less than 30% of Gross Profit, it is fantastic. If SGA is nearing 100%, it is is in highly competitive industry.
Live Nation Entertainment Selling, General, & Admin. Expense Related Terms
Live Nation Entertainment Selling, General, & Admin. Expense Historical Data
* Premium members only.
The historical data trend for Live Nation Entertainment's Selling, General, & Admin. Expense 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.
Live Nation Entertainment Selling, General, & Admin. Expense Chart
BSP:L1YV34 vs FWONA, FOXA, ROKU: Selling, General, & Admin. Expense Comparison
For the Entertainment subindustry, Live Nation Entertainment's Selling, General, & Admin. Expense, along with its competitors' market caps and Selling, General, & Admin. Expense 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 Selling, General, & Admin. Expense vs Media - Diversified Industry
For the Media - Diversified industry and Communication Services sector, Live Nation Entertainment's Selling, General, & Admin. Expense distribution charts can be found below:
* The bar in red indicates where Live Nation Entertainment's Selling, General, & Admin. Expense falls into.
Live Nation Entertainment Selling, General, & Admin. Expense Calculation
Selling, General, & Admin. Expense (SGA) includes the direct and indirect costs and all general and administrative expenses of a company. For instance, personnel cost, advertising, rent, communication costs are all part of SGA.
Selling, General, & Admin. Expense for the trailing twelve months (TTM) ended in Jun. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was R$23,350 Mil.
* 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.
What does a Selling, General, & Admin. Expense of R$23,350 Mil mean?
Live Nation Entertainment (BSP:L1YV34) has a Selling, General, & Admin. Expense of R$23,350 Mil as of Jun. 2026. Selling, general and admin expense is the total cost for direct, indirect, general and administrative activities. View historical data on Live Nation Entertainment and its competitors.
Is Live Nation Entertainment's Selling, General, & Admin. Expense too high?
Live Nation Entertainment's current Selling, General, & Admin. Expense is R$23,350 Mil. Overall, Live Nation Entertainment has a GF Score™ of 79/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Live Nation Entertainment's Selling, General, & Admin. Expense compare to FWONA and FOXA?
Live Nation Entertainment's Selling, General, & Admin. Expense of R$23,350 Mil can be compared against companies in the Media - Diversified industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Selling, General, & Admin. Expense for a Media - Diversified company?
A good Selling, General, & Admin. Expense depends on the Media - Diversified industry context. However, Selling, General, & Admin. Expense should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Selling, General, & Admin. Expense mean?
A high Selling, General, & Admin. Expense can signal that a stock is expensive relative to its fundamentals. Selling, general and admin expense is the total cost for direct, indirect, general and administrative activities. View historical data on Live Nation Entertainment and its competitors. Live Nation Entertainment's current Selling, General, & Admin. Expense is R$23,350 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Live Nation Entertainment stock overvalued right now?
Based on GuruFocus' analysis, Live Nation Entertainment (BSP:L1YV34) is currently considered Modestly Overvalued. The stock's GF Value™ is R$152.60, compared to a current price of R$185.85 — trading 21.8% above its estimated fair value. The current Selling, General, & Admin. Expense is R$23,350 Mil. Live Nation Entertainment's overall GF Score™ is 79/100 with 10 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Selling, General, & Admin. Expense calculated?
Selling, General, & Admin. Expense is calculated from a company's financial statements. For Live Nation Entertainment (BSP:L1YV34), the current Selling, General, & Admin. Expense is R$23,350 Mil as of Jun. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
Is Live Nation Entertainment (BSP:L1YV34) Overvalued in 2026?
Based on GuruFocus' analysis, Live Nation Entertainment stock appears to be overvalued.
The current stock price of R$185.85 is trading 21.8% above its estimated GF Value™ of R$152.60.
GuruFocus considers Live Nation Entertainment to be Modestly Overvalued.
Key valuation signals for BSP:L1YV34:
Selling, General, & Admin. Expense: R$23,350 Mil
GF Value™: R$152.60 vs. price of R$185.85 (21.8% above fair value)
No single metric tells the full story. See the BSP:L1YV34 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
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 51 countries, Live Nation promotes concerts globally and it owned, operated, or had exclusive booking rights to more than 400 venues worldwide at the end of 2025, which the firm says makes it the second-largest operator of music venues globally. In 2025, Live Nation promoted nearly 55,000 events, drawing roughly 160 million fans. Ticketmaster is a dominant global ticketing service, selling nearly 650 million tickets in 2025.
79GF Score
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Selling, General, & Admin. Expense is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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