Live Nation Entertainment Inc (LYV)
Operating profit margin
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Operating income | US$ in thousands | 824,510 | 1,066,200 | 732,118 | -413,616 | -1,652,690 |
| Revenue | US$ in thousands | 23,155,600 | 22,749,100 | 16,681,300 | 6,268,450 | 1,861,180 |
| Operating profit margin | 3.56% | 4.69% | 4.39% | -6.60% | -88.80% |
December 31, 2024 calculation
Operating profit margin = Operating income ÷ Revenue
= $824,510K ÷ $23,155,600K
= 3.56%
Based on the provided data, Live Nation Entertainment Inc's operating profit margin shows a significant improvement over the analyzed period. The company experienced a substantial decline in operating profit margin from -88.80% as of December 31, 2020, to -6.60% as of December 31, 2021, indicating a challenging financial performance in the initial year.
However, the subsequent years demonstrate a positive trend, with the operating profit margin improving to 4.39% as of December 31, 2022, 4.69% as of December 31, 2023, and then slightly decreasing to 3.56% as of December 31, 2024. The consistent improvement over the analyzed period suggests that Live Nation Entertainment Inc successfully enhanced its operational efficiency and profitability, though the minor dip in the last year might require further analysis to identify potential reasons behind it.
Peer comparison
Dec 31, 2024