Live Nation Entertainment Inc (LYV)
Net profit margin
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Net income | US$ in thousands | 896,287 | 563,280 | 409,193 | -608,786 | -1,827,790 |
| Revenue | US$ in thousands | 23,155,600 | 22,749,100 | 16,681,300 | 6,268,450 | 1,861,180 |
| Net profit margin | 3.87% | 2.48% | 2.45% | -9.71% | -98.21% |
December 31, 2024 calculation
Net profit margin = Net income ÷ Revenue
= $896,287K ÷ $23,155,600K
= 3.87%
The net profit margin of Live Nation Entertainment Inc has shown significant improvement over the years based on the provided data. Starting at a notably negative net profit margin of -98.21% as of December 31, 2020, the company managed to turn things around in the subsequent years. By December 31, 2021, the net profit margin improved to a more manageable -9.71%.
The positive trend continued into the future years, with the net profit margin reaching 2.45% as of December 31, 2022. This demonstrates the company's ability to enhance its profitability and manage costs more effectively.
Moving forward, Live Nation Entertainment Inc sustained this upward trajectory, achieving a net profit margin of 2.48% by December 31, 2023, and further improving to 3.87% by December 31, 2024. This steady growth in profitability indicates the company's solid financial performance and efficient management of its bottom line.
Overall, Live Nation Entertainment Inc's net profit margin has demonstrated steady progress and positive profitability trends, reflecting its effective financial management strategies and growing operational efficiency over the years.
Peer comparison
Dec 31, 2024