Live Nation Entertainment Inc (LYV)
Operating 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 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating income (ttm) | US$ in thousands | 829,393 | 987,361 | 966,368 | 886,920 | 1,066,203 | 1,027,789 | 915,506 | 847,834 | 732,118 | 727,462 | 358,358 | -87,626 | -417,858 | -681,326 | -1,322,912 | -1,783,694 | -1,653,192 | -1,348,098 | -583,616 | 176,037 |
| 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 |
| Operating profit margin | 3.58% | 4.24% | 4.06% | 3.79% | 4.69% | 4.85% | 4.77% | 4.71% | 4.39% | 4.82% | 3.08% | -1.13% | -6.67% | -17.92% | -102.71% | -226.91% | -88.83% | -29.87% | -7.20% | 1.57% |
December 31, 2024 calculation
Operating profit margin = Operating income (ttm) ÷ Revenue (ttm)
= $829,393K ÷ $23,155,630K
= 3.58%
The operating profit margin of Live Nation Entertainment Inc has experienced significant fluctuations over the reporting periods provided.
From March 31, 2020, to December 31, 2021, the company recorded negative operating profit margins, indicating that its operating expenses exceeded its gross profit, leading to operational losses. The margin deteriorated significantly from March 31, 2021, to June 30, 2021, reaching its lowest point of -226.91%. This sharp decline suggests the company faced challenges in controlling its operating costs and generating revenue during this period.
However, starting from March 31, 2022, the trend reversed, with the company showing consistent improvement in its operating profit margin. The margin turned positive in June 30, 2022, indicating that Live Nation Entertainment Inc's operating expenses were better aligned with its revenue generation. This positive trend continued through the end of 2024, with the operating profit margin stabilizing around 4%.
Overall, the improvement in Live Nation Entertainment Inc's operating profit margin from 2022 to 2024 is a positive sign, reflecting the company's efforts to enhance operational efficiency and profitability. Investors and stakeholders may view this turnaround as an indication of improved financial health and sustainable growth prospects for the company.
Peer comparison
Dec 31, 2024