Live Nation Entertainment Inc (LYV)
Gross profit margin
| Dec 31, 2024 | Sep 30, 2024 | Jun 30, 2024 | Mar 31, 2024 | Dec 31, 2023 | Sep 30, 2023 | Jun 30, 2023 | Mar 31, 2023 | Dec 31, 2022 | Sep 30, 2022 | Jun 30, 2022 | Mar 31, 2022 | Dec 31, 2021 | Sep 30, 2021 | Jun 30, 2021 | Mar 31, 2021 | Dec 31, 2020 | Sep 30, 2020 | Jun 30, 2020 | Mar 31, 2020 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Gross profit (ttm) | US$ in thousands | 5,694,630 | 5,659,210 | 5,609,860 | 5,598,320 | 5,457,050 | 5,298,396 | 4,922,536 | 4,623,746 | 4,343,732 | 4,038,805 | 3,321,925 | 2,487,601 | 1,912,458 | 1,252,388 | 576,847 | 123,548 | 458,778 | 1,126,382 | 2,046,368 | 2,996,436 |
| Revenue (ttm) | US$ in thousands | 23,155,630 | 23,312,980 | 23,813,910 | 23,421,210 | 22,749,070 | 21,200,870 | 19,202,390 | 18,005,840 | 16,681,260 | 15,093,690 | 11,638,870 | 7,780,646 | 6,268,445 | 3,802,658 | 1,287,956 | 786,094 | 1,861,175 | 4,513,242 | 8,102,904 | 11,185,830 |
| Gross profit margin | 24.59% | 24.27% | 23.56% | 23.90% | 23.99% | 24.99% | 25.64% | 25.68% | 26.04% | 26.76% | 28.54% | 31.97% | 30.51% | 32.93% | 44.79% | 15.72% | 24.65% | 24.96% | 25.25% | 26.79% |
December 31, 2024 calculation
Gross profit margin = Gross profit (ttm) ÷ Revenue (ttm)
= $5,694,630K ÷ $23,155,630K
= 24.59%
Live Nation Entertainment Inc's gross profit margin has experienced some fluctuations over the analyzed periods. The margin declined from 26.79% as of March 31, 2020, to a low point of 15.72% by March 31, 2021. However, there was a significant increase to 44.79% by June 30, 2021, indicating a strong performance during that quarter.
Subsequently, the gross profit margin stabilized around the range of 30% to 25%, with some minor changes. It stood at 24.99% as of September 30, 2023, and decreased slightly to 23.99% by December 31, 2023. The margin remained relatively consistent around the mid-20% range until December 31, 2024, where it reached 24.59%.
Overall, Live Nation Entertainment Inc's gross profit margin demonstrates variability but generally maintains within a certain range, reflecting its ability to manage costs and generate gross profit effectively over the analyzed periods.
Peer comparison
Dec 31, 2024