Live Nation Entertainment (LYV) FY2024 results: revenue $23.2 billion, up 1.8% on the year
Live Nation Entertainment, Inc. (LYV) reported revenue of $23.2 billion for fiscal 2024, the year ended 31 December 2024, up 1.8% on the year before. Net income was $896 million, up 60.9%, and diluted earnings per share $2.74. The figures are the company's own, from the 10-K it filed with the SEC on 21 February 2025.
Revenue
$23.2 billion
+1.8% on the year
FY2017FY2024
Operating margin
3.6%
4.8% a year earlier
FY2017FY2024
Net income
$896 million
+60.9% on the year
FY2017FY2024
Diluted EPS
$2.74
+100.0% on the year
FY2017FY2024
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
FY2024
FY2023
FY2022
On the year
Last 8 years
Operating cash flow
1,725
1,363
1,832
+26.6%
Capital expenditure
647
439
347
+47.4%
Free cash flow
1,079
924
1,485
+16.7%
Free cash flow margin
4.7%
4.1%
8.9%
Cash from investing
-854
-696
-785
Cash from financing
-659
-87.3
-143
Depreciation and amortisation
550
517
450
+6.4%
Share-based compensation
110
116
110
-4.8%
Buybacks
0.0
0.0
n/a
Diluted shares, weighted
236m
231m
232m
+2.3%
Shares outstanding at period end
234m
233m
231m
+0.5%
Balance sheet
$ million
FY2024
FY2023
FY2022
On the year
Last 8 years
Shareholders' equity
173
-52.3
-368
Non-controlling interest
646
604
461
+6.9%
Redeemable equity
1,126
860
670
+31.0%
Debt
6,438
6,593
5,903
-2.4%
Operating lease liabilities
1,680
1,686
1,655
-0.3%
Other liabilities
9,575
9,338
8,139
+2.5%
Total liabilities and equity
19,639
19,030
16,461
+3.2%
Fixed assets
2,442
2,101
1,488
+16.2%
Goodwill
2,621
2,691
2,529
-2.6%
Intangible assets
986
1,162
1,051
-15.1%
Cash and equivalents
6,095
6,232
5,606
-2.2%
Receivables
1,747
2,025
1,465
-13.7%
Inventory
50.1
45.1
38.7
+11.1%
Other assets
5,697
4,773
4,283
+19.4%
Total assets
19,639
19,030
16,461
+3.2%
10-K for the year ended 31 December 2024, filed 21 February 2025: the filing.