Live Nation Entertainment Inc (LYV)
Return on equity (ROE)
| 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 | Dec 31, 2019 | Sep 30, 2019 | Jun 30, 2019 | Mar 31, 2019 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Net income (ttm) | US$ in thousands | 563,280 | 570,974 | 448,881 | 342,999 | 295,986 | 304,096 | -10,428 | -393,893 | -650,904 | -899,312 | -1,475,092 | -1,846,944 | -1,724,535 | -1,441,150 | -733,323 | -62,451 | 69,889 | 81,949 | 75,707 | 41,711 |
| Total stockholders’ equity | US$ in thousands | -17,148 | 221,751 | -187,377 | -460,846 | -367,569 | -74,560 | -410,164 | -517,817 | -582,651 | -404,844 | -912,762 | -730,560 | -471,772 | -99,430 | 341,925 | 859,354 | 1,145,820 | 1,287,270 | 1,174,140 | 1,043,210 |
| ROE | — | 257.48% | — | — | — | — | — | — | — | — | — | — | — | — | -214.47% | -7.27% | 6.10% | 6.37% | 6.45% | 4.00% |
December 31, 2023 calculation
ROE = Net income (ttm) ÷ Total stockholders’ equity
= $563,280K ÷ $-17,148K
= —
The return on equity (ROE) for Live Nation Entertainment Inc in Q3 2023 was 224.00%, indicating a significant return generated for shareholders in that quarter. However, without data for the other quarters in 2023, it is challenging to assess the consistency or trend of the company's ROE performance throughout the year. Further historical data from previous quarters might provide more insight into Live Nation's overall ROE trend and its financial performance.
Peer comparison
Dec 31, 2023
Company name
Symbol
ROE
Live Nation Entertainment Inc
LYV
—
Six Flags Entertainment Corporation
FUN
—
Warner Music Group
WMG
83.98%