Live Nation Entertainment Inc (LYV)
Operating return on assets (Operating ROA)
| 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 |
| Total assets | US$ in thousands | 19,638,800 | 19,747,100 | 20,454,000 | 20,030,200 | 19,074,000 | 19,140,600 | 19,925,100 | 18,869,600 | 16,460,800 | 15,787,000 | 16,421,000 | 16,006,600 | 14,402,300 | 13,330,700 | 12,245,700 | 10,919,600 | 10,589,300 | 10,885,400 | 11,622,300 | 11,861,400 |
| Operating ROA | 4.22% | 5.00% | 4.72% | 4.43% | 5.59% | 5.37% | 4.59% | 4.49% | 4.45% | 4.61% | 2.18% | -0.55% | -2.90% | -5.11% | -10.80% | -16.33% | -15.61% | -12.38% | -5.02% | 1.48% |
December 31, 2024 calculation
Operating ROA = Operating income (ttm) ÷ Total assets
= $829,393K ÷ $19,638,800K
= 4.22%
Live Nation Entertainment Inc's operating return on assets (operating ROA) fluctuated significantly over the analyzed period, starting at a positive 1.48% as of March 31, 2020. However, it turned negative in the subsequent quarters, reaching its lowest point of -16.33% by March 31, 2021, reflecting challenges in generating operating profit relative to its total assets.
From March 31, 2021, the operating ROA began to show signs of improvement, gradually climbing to 5.59% by December 31, 2023. This positive trend continued into 2024. By the end of December 31, 2024, Live Nation Entertainment Inc's operating ROA stood at 4.22%, indicating enhanced efficiency in utilizing its assets to generate operating income.
Overall, the increasing trend in operating ROA from 2021 to 2024 suggests that Live Nation Entertainment Inc successfully enhanced its operational efficiency and profitability during this period. However, fluctuations in operating ROA in earlier periods indicate potential challenges or changes impacting the company's operational performance. Monitoring this ratio continuously will be crucial to assess the company's ability to generate profits from its assets efficiently.
Peer comparison
Dec 31, 2024