Financials Live Nation Entertainment, Inc.

Equities

LYV

US5380341090

Entertainment Production

Market Closed - Nyse Other stock markets 04:00:02 2024-09-17 pm EDT			5-day change	1st Jan Change
102.92 ^USD	+1.38%		+7.14%	+9.96%

Sep. 13	Live Nation Entertainment Insider Sold Shares Worth $9,637,778, According to a Recent SEC Filing	MT
Sep. 10	Transcript : Live Nation Entertainment, Inc. Presents at Goldman Sachs Communacopia + Technology Conference 2024, Sep-10-2024 10:10 AM

Projected Income Statement: Live Nation Entertainment, Inc.

Fiscal Period: December	2019	2020	2021	2022	2023	2024	2025	2026
Net sales ¹	11,548	1,861	6,268	16,681	22,749	24,134	26,923	29,449
Change	-	-83.88%	236.8%	166.11%	36.38%	6.09%	11.55%	9.38%
EBITDA ¹	942.5	-1,016	323.9	1,407	1,862	2,127	2,338	2,595
Change	-	-	-	334.5%	32.35%	14.19%	9.91%	11%
EBIT ¹	324.8	-1,653	-417.9	732.1	1,066	1,044	1,430	1,656
Change	-	-	-74.72%	-	45.63%	-2.07%	36.94%	15.79%
Interest Paid ¹	-157.5	-226.8	-282.4	-278.5	-350.2	-323.7	-325.8	-319.3
Earnings before Tax (EBT) ¹	185.1	-1,857	-611.3	505.4	894.5	1,003	1,344	1,551
Change	-	-	-67.08%	-	76.98%	12.15%	33.96%	15.38%
Net income ¹	-4.882	-1,723	-650.9	296	563.3	559.7	841.6	867.7
Change	-	35,200.18%	-62.23%	-	90.31%	-0.64%	50.38%	3.1%
Announcement Date	2/27/20	2/25/21	2/23/22	2/23/23	2/22/24	-	-	-

¹USD in Million

Estimates

Fiscal Period: December	2019 Q3	2019 Q4	2020 Q1	2020 Q2	2020 Q3	2020 Q4	2021 Q1	2021 Q2	2021 Q3	2021 Q4	2022 Q1	2022 Q2	2022 Q3	2022 Q4	2023 Q1	2023 Q2	2023 Q3	2023 Q4	2024 Q1	2024 Q2	2024 Q3	2024 Q4	2025 Q1	2025 Q2	2025 Q3	2025 Q4	2026 Q1	2026 Q2
Net sales ¹	3,774	2,889	1,366	74.08	184	237.4	290.6	575.9	2,699	2,703	1,803	4,434	6,154	4,291	3,127	5,631	8,152	5,839	3,800	6,023	8,170	6,112	4,076	6,845	9,413	6,663	4,562	7,298
Change	-	-23.43%	-52.73%	-94.58%	148.39%	29%	22.42%	98.19%	368.57%	0.16%	-33.31%	145.96%	38.78%	-30.27%	-27.11%	80.05%	44.78%	-28.37%	-34.93%	58.53%	35.64%	-25.19%	-33.31%	67.92%	37.51%	-29.21%	-31.54%	60%
EBITDA ¹	427.1	80.8	-20.5	-431.9	-319.2	-244.3	-151.7	9.7	305.7	160.2	209	479.6	620.7	97.8	319.7	589.7	836.1	116.9	367.4	716.2	881.3	180.3	381.4	757	1,022	240.3	434.9	841.4
Change	-	-81.08%	-	2,006.83%	-26.09%	-23.46%	-37.9%	-	3,051.55%	-47.61%	30.49%	129.47%	29.42%	-84.24%	226.89%	84.45%	41.78%	-86.02%	214.29%	94.94%	23.06%	-79.55%	111.62%	98.44%	34.99%	-76.48%	80.95%	93.47%
EBIT ¹	260	-82.9	-172.7	-588.1	-504.4	-388	-303.2	-127.3	137.1	-124.5	27.06	318.7	506.2	-119.9	142.8	386.4	618.5	-81.5	-36.51	465.8	642.5	-54.04	191.3	568.9	844.4	-39.47	227.5	636
Change	-	-	108.29%	240.57%	-14.22%	-23.08%	-21.87%	-58.02%	-	-	-	1,077.75%	58.85%	-	-	170.61%	60.09%	-	-55.21%	-	37.92%	-	-	197.38%	48.43%	-	-	179.55%
Charge d'intérêts ¹	-36.59	-47.63	-44	-52.69	-66.09	-64.05	-70.83	-68.91	-70.41	-72.29	-66.77	-68.44	-70.51	-72.76	-89.22	-82	-86.22	-92.82	-80.69	-79.97	-80.97	-82.04	-	-	-	-	-	-
Earnings before Tax (EBT) ¹	221.3	-129.7	-214.3	-639.8	-559.4	-443.3	-316.3	-208.2	93.29	-180	-37.26	260.4	439.3	-157	68.03	373	596.6	-143	3.197	456.4	622.8	-93.57	154.4	496.4	794.7	-80.21	169.9	584.4
Change	-	-	65.15%	198.6%	-12.57%	-20.75%	-28.64%	-34.19%	-	-	-79.31%	-	68.72%	-	-	448.25%	59.94%	-	-	14,175.63%	36.47%	-	-	221.48%	60.08%	-	-	243.87%
Net income ¹	155.3	-185.3	-199.3	-565.9	-521.9	-442.2	-308.1	-194.7	42.63	-194.9	-50.18	155.2	331.5	-140.6	-3.169	293.7	483.5	-210.7	-46.73	298	467.3	-159.8	-	-	-	-	-	-
Change	-	-	7.56%	183.92%	-7.78%	-15.28%	-30.32%	-36.8%	-	-	-74.26%	-	113.53%	-	-97.75%	-	64.63%	-	-77.82%	-	56.82%	-	100%	-	-	-	-	-
Announcement Date	10/31/19	2/27/20	5/7/20	8/5/20	11/5/20	2/25/21	5/6/21	8/3/21	11/4/21	2/23/22	5/5/22	8/4/22	11/3/22	2/23/23	5/4/23	7/27/23	11/2/23	2/22/24	5/2/24	7/30/24	-	-	-	-	-	-	-	-

¹USD in Million

Estimates

Forecast Balance Sheet: Live Nation Entertainment, Inc.

Fiscal Period: December	2019	2020	2021	2022	2023	2024	2025	2026
Net Debt ¹	839	2,371	846	297	362	-199	-1,123	-1,998
Change	-	182.6%	-64.32%	-64.89%	21.89%	-155.04%	-664.32%	-277.92%
Announcement Date	2/27/20	2/25/21	2/23/22	2/23/23	2/22/24	-	-	-

¹USD in Million

Estimates

Cash Flow Forecast: Live Nation Entertainment, Inc.

Fiscal Period: December	2019	2020	2021	2022	2023	2024	2025	2026
CAPEX ¹	323.6	213.7	152.7	347.2	438.6	634.6	669	706.1
Change	-	-33.94%	-28.54%	127.33%	26.32%	44.69%	5.41%	5.56%
Free Cash Flow (FCF) ¹	499.3	-1,297	-113.9	966.6	1,159	1,151	1,447	1,629
Change	-	-359.79%	-91.22%	-948.33%	19.94%	-0.75%	25.79%	12.58%
Announcement Date	2/27/20	2/25/21	2/23/22	2/23/23	2/22/24	-	-	-

¹USD in Million

Estimates

Forecast Financial Ratios: Live Nation Entertainment, Inc.

Fiscal Period: December	2019	2020	2021	2022	2023	2024	2025	2026
Profitability
EBITDA Margin (%)	8.16%	-54.58%	5.17%	8.44%	8.19%	8.81%	8.68%	8.81%
EBIT Margin (%)	2.81%	-88.83%	-6.67%	4.39%	4.69%	4.33%	5.31%	5.62%
EBT Margin (%)	1.6%	-99.76%	-9.75%	3.03%	3.93%	4.16%	4.99%	5.27%
Net margin (%)	-0.04%	-92.59%	-10.38%	1.77%	2.48%	2.32%	3.13%	2.95%
FCF margin (%)	4.32%	-69.69%	-1.82%	5.79%	5.1%	4.77%	5.38%	5.53%
FCF / Net Income (%)	-10,227.37%	75.27%	17.51%	326.57%	205.81%	205.57%	171.96%	187.76%
Profitability
ROA	-0.05%	-15.98%	-5.21%	1.92%	3.17%	2.58%	3.71%	3.95%
ROE	-0.44%	-511.34%	-242.47%	-	-	193.54%	80.34%	50.25%
Financial Health
Leverage (Debt/EBITDA)	0.89x	-2.33x	2.61x	0.21x	0.19x	-	-	-
Debt / Free cash flow	1.68x	-1.83x	-7.42x	0.31x	0.31x	-	-	-
Capital Intensity
CAPEX / Current Assets (%)	2.8%	11.48%	2.44%	2.08%	1.93%	2.63%	2.48%	2.4%
CAPEX / EBITDA (%)	34.33%	-21.04%	47.16%	24.67%	23.55%	29.84%	28.62%	27.22%
CAPEX / FCF (%)	64.8%	-16.48%	-134.05%	35.92%	37.83%	55.16%	46.22%	43.34%
Items per share
Cash flow per share ¹	3.607	-5.478	0.0303	5.157	6.628	6.984	8.525	9.204
Change	-	-251.89%	-100.55%	16,920.79%	28.51%	5.39%	22.06%	7.96%
Dividend per Share ¹	-	-	-	-	-	-	-	-
Change	-	-	-	-	-	-	-	-
Book Value Per Share ¹	5.454	-2.222	-2.683	-1.635	-	2.643	6.991	11.07
Change	-	-140.75%	20.71%	-39.05%	-	-	164.56%	58.41%
EPS ¹	-0.02	-8.12	-3.09	0.64	1.37	1.329	2.55	3.279
Change	-	40,500%	-61.95%	-120.71%	114.06%	-3.02%	91.92%	28.61%
Nbr of stocks (in thousands)	210,727	213,417	220,260	226,277	228,262	230,319	230,319	230,319
Announcement Date	2/27/20	2/25/21	2/23/22	2/23/23	2/22/24	-	-	-