Live Nation Entertainment (LYV) FY2022 results: revenue $16.7 billion, up 166.1% on the year
Live Nation Entertainment, Inc. (LYV) reported revenue of $16.7 billion for fiscal 2022, the year ended 31 December 2022, up 166.1% on the year before. Net income was $266 million, and diluted earnings per share $0.64. The figures are the company's own, from the 10-K it filed with the SEC on 23 February 2023.
Revenue
$16.7 billion
+166.1% on the year
FY2015FY2022
Operating margin
4.3%
-6.7% a year earlier
FY2015FY2022
Net income
$266 million
FY2015FY2022
Diluted EPS
$0.64
FY2015FY2022
this yearthe year beforeHover a bar for its figure.
$ million except per share. Read moreFree cash flow is operating cash flow less capital expenditure; the effective tax rate is income tax over pre-tax income; margins are the line over revenue. Gross profit is revenue less cost of revenue, and operating income is revenue less the company's own total costs, where the statement does not print those lines. Those four are arithmetic on the filed numbers; everything else is as filed. Money is in $ million as the company files it, or in $ billion by the switch above the tables; per share figures and share counts are as they are.
Cash flow
$ million
FY2022
FY2021
FY2020
On the year
Last 8 years
Operating cash flow
1,832
1,781
-1,083
+2.9%
Capital expenditure
347
153
214
+127.3%
Free cash flow
1,485
1,628
-1,297
-8.8%
Free cash flow margin
8.9%
26.0%
-69.7%
Cash from investing
-785
-567
-224
Cash from financing
-143
1,171
1,350
Depreciation and amortisation
450
416
485
+8.1%
Share-based compensation
110
209
117
-47.4%
Diluted shares, weighted
232m
217m
212m
+6.6%
Shares outstanding at period end
231m
225m
218m
+2.9%
Balance sheet
$ million
FY2022
FY2021
FY2020
On the year
Last 8 years
Shareholders' equity
-368
-583
-472
Non-controlling interest
461
394
338
+17.0%
Redeemable equity
670
552
272
+21.4%
Debt
5,903
5,731
4,909
+3.0%
Operating lease liabilities
1,655
1,606
1,446
+3.0%
Other liabilities
8,139
6,702
4,096
+21.4%
Total liabilities and equity
16,461
14,402
10,589
+14.3%
Fixed assets
1,488
1,092
1,101
+36.2%
Goodwill
2,529
2,591
2,129
-2.4%
Intangible assets
1,051
1,026
856
+2.4%
Cash and equivalents
5,606
4,885
2,538
+14.8%
Receivables
1,465
1,067
487
+37.4%
Inventory
38.7
33.8
22.0
+14.5%
Other assets
4,283
3,708
3,457
+15.5%
Total assets
16,461
14,402
10,589
+14.3%
10-K for the year ended 31 December 2022, filed 23 February 2023: the filing.