Live Nation Entertainment Inc (LYV)
Return on equity (ROE)
| Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | Dec 31, 2019 | ||
|---|---|---|---|---|---|---|
| Net income | US$ in thousands | 563,280 | 295,986 | -650,904 | -1,724,540 | 69,889 |
| Total stockholders’ equity | US$ in thousands | -17,148 | -367,569 | -582,651 | -471,772 | 1,145,820 |
| ROE | — | — | — | — | 6.10% |
December 31, 2023 calculation
ROE = Net income ÷ Total stockholders’ equity
= $563,280K ÷ $-17,148K
= —
Live Nation Entertainment Inc's return on equity (ROE) has not been provided for the years ending December 31, 2023, 2022, 2021, and 2020. However, in the year ending December 31, 2019, the company reported a negative ROE of -0.43%. This negative ROE indicates that Live Nation generated a net loss in relation to its shareholders' equity in that particular year. The negative ROE could be attributed to various factors such as operating losses, high debt levels, or impairment charges. Without the ROE figures for subsequent years, it is challenging to assess the trend or the company's current financial performance. Additional financial information and context would be necessary to provide a more comprehensive analysis of Live Nation Entertainment Inc's ROE.
Peer comparison
Dec 31, 2023