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Live Nation Entertainment (MEX:LYV) Tax Rate % : 17.56% (As of Jun. 2024)


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What is Live Nation Entertainment Tax Rate %?

Tax Rate % is calculated as Tax Expense divided by its Pre-Tax Income. Live Nation Entertainment's Tax Expense for the three months ended in Jun. 2024 was MXN1,469 Mil. Live Nation Entertainment's Pre-Tax Income for the three months ended in Jun. 2024 was MXN8,361 Mil. Therefore, Live Nation Entertainment's Tax Rate % for the quarter that ended in Jun. 2024 was 17.56%.

Live Nation Entertainment Tax Rate % Historical Data

The historical data trend for Live Nation Entertainment's Tax Rate % 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 Tax Rate % Chart

Live Nation Entertainment Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Tax Rate %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 36.14 1.56 0.41 19.04 17.91

Live Nation Entertainment Quarterly Data
Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24
Tax Rate % 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 11.17 9.37 -27.17 1,107.73 17.56

Live Nation Entertainment Tax Rate % Calculation

Tax Rate % is the ratio of tax expense divided by pretax income, usually presented in percent.

Live Nation Entertainment's Tax Rate % for the fiscal year that ended in Dec. 2023 is calculated as

Tax Rate %=Tax Expense (A: Dec. 2023 )/Pre-Tax Income (A: Dec. 2023 )
=2719.733/15184.212
=17.91 %

Live Nation Entertainment's Tax Rate % for the quarter that ended in Jun. 2024 is calculated as

Tax Rate %=Tax Expense (Q: Jun. 2024 )/Pre-Tax Income (Q: Jun. 2024 )
=1468.613/8361.148
=17.56 %

* 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 Tax Rate % Related Terms

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Live Nation Entertainment Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Communication Services » Media - Diversified » Live Nation Entertainment Inc (MEX:LYV) » Definitions » Tax Rate %
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Traded in Other Exchanges
LYV:USA 0JVD:UK 3LN:Germany 3LN:Germany L1YV34:Brazil
Address
9348 Civic Center Drive, Beverly Hills, CA, USA, 90210
Website
https://www.livenationentertainment.com
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.