Live Nation Entertainment Inc (LYV)
Return on equity (ROE)
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Net income | US$ in thousands | 896,287 | 563,280 | 409,193 | -608,786 | -1,827,790 |
| Total stockholders’ equity | US$ in thousands | 173,263 | -17,148 | -367,569 | -582,651 | -471,772 |
| ROE | 517.30% | — | — | — | — |
December 31, 2024 calculation
ROE = Net income ÷ Total stockholders’ equity
= $896,287K ÷ $173,263K
= 517.30%
Based on the provided data, Live Nation Entertainment Inc's return on equity (ROE) for the year ending December 31, 2024, is exceptionally high at 517.30%. This signifies that the company generated substantial profits relative to its shareholders' equity during that period. However, the lack of ROE data for the previous years (2020-2023) makes it challenging to assess the trend and understand the factors driving the significant increase in ROE for 2024. It is crucial to dig deeper into the financial statements and performance indicators to evaluate the sustainability and underlying reasons for this exceptional ROE figure.
Peer comparison
Dec 31, 2024