Live Nation Entertainment Inc (LYV)
Net 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 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Net income (ttm) | US$ in thousands | 904,029 | 492,314 | 524,004 | 519,716 | 563,280 | 606,377 | 520,285 | 454,980 | 409,193 | 414,353 | 103,817 | -335,020 | -608,786 | -889,647 | -1,498,426 | -1,853,888 | -1,730,490 | -1,472,469 | -795,212 | -139,450 |
| 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 |
| Net profit margin | 3.90% | 2.11% | 2.20% | 2.22% | 2.48% | 2.86% | 2.71% | 2.53% | 2.45% | 2.75% | 0.89% | -4.31% | -9.71% | -23.40% | -116.34% | -235.84% | -92.98% | -32.63% | -9.81% | -1.25% |
December 31, 2024 calculation
Net profit margin = Net income (ttm) ÷ Revenue (ttm)
= $904,029K ÷ $23,155,630K
= 3.90%
The net profit margin of Live Nation Entertainment Inc has fluctuated significantly over the past few years, as evidenced by the data provided. The company experienced negative net profit margins from March 31, 2020, to December 31, 2021, indicating that its expenses exceeded its revenues during this period.
However, starting from March 31, 2022, the net profit margin started to improve gradually, turning positive by June 30, 2022, and increasing steadily through December 31, 2024. This positive trend suggests that the company's profitability has been on the rise, with the net profit margin reaching a healthy 3.90% by the end of December 31, 2024.
It is important to note that a positive net profit margin indicates that the company is generating more profit from its operations relative to its revenues, reflecting improved efficiency in cost management and revenue generation. This positive momentum bodes well for Live Nation Entertainment Inc's financial performance and overall profitability in the coming quarters.
Peer comparison
Dec 31, 2024