Live Nation Entertainment Inc (LYV)
Net profit margin
| 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 | Dec 31, 2019 | Sep 30, 2019 | Jun 30, 2019 | Mar 31, 2019 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Net income (ttm) | US$ in thousands | 563,280 | 570,974 | 448,881 | 342,999 | 295,986 | 304,096 | -10,428 | -393,893 | -650,904 | -899,312 | -1,475,092 | -1,846,944 | -1,724,535 | -1,441,150 | -733,323 | -62,451 | 69,889 | 81,949 | 75,707 | 41,711 |
| Revenue (ttm) | US$ in thousands | 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 | 11,547,970 | 11,260,380 | 11,321,950 | 11,033,260 |
| Net profit margin | 2.48% | 2.69% | 2.34% | 1.90% | 1.77% | 2.01% | -0.09% | -5.06% | -10.38% | -23.65% | -114.53% | -234.95% | -92.66% | -31.93% | -9.05% | -0.56% | 0.61% | 0.73% | 0.67% | 0.38% |
December 31, 2023 calculation
Net profit margin = Net income (ttm) ÷ Revenue (ttm)
= $563,280K ÷ $22,749,070K
= 2.48%
The net profit margin of Live Nation Entertainment Inc has shown variability throughout the quarters. In Q4 2023, the net profit margin was 1.39%, which decreased from the previous quarter's 2.34%. Although Q4 2023's net profit margin is lower than the previous quarter, it is higher than the same quarter in the previous year (1.77% in Q4 2022). The company experienced a negative net profit margin in Q1 and Q2 2022, indicating challenges in generating profits during those periods. Overall, Live Nation Entertainment Inc's net profit margin has fluctuated over the quarters, suggesting changes in the company's profitability performance.
Peer comparison
Dec 31, 2023