Live Nation Entertainment Inc (LYV)
Return on equity (ROE)
| 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 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Net income (ttm) | US$ in thousands | 904,029 | 492,314 | 524,004 | 519,716 | 563,280 | 606,377 | 520,285 | 454,980 | 409,193 | 414,353 | 103,817 | -335,020 | -608,786 | -889,647 | -1,498,426 | -1,853,888 | -1,730,490 | -1,472,469 | -795,212 | -139,450 |
| Total stockholders’ equity | US$ in thousands | 173,263 | 287,966 | -43,267 | -114,832 | -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 |
| ROE | 521.77% | 170.96% | — | — | — | 273.45% | — | — | — | — | — | — | — | — | — | — | — | — | -232.57% | -16.23% |
December 31, 2024 calculation
ROE = Net income (ttm) ÷ Total stockholders’ equity
= $904,029K ÷ $173,263K
= 521.77%
The Return on Equity (ROE) is an important financial ratio that measures a company's profitability relative to its shareholders' equity. In the case of Live Nation Entertainment Inc, the ROE has shown significant fluctuations over the past few periods:
1. March 31, 2020: -16.23% - A negative ROE indicates that the company's net income was not sufficient to generate a positive return for its shareholders based on their equity investment.
2. June 30, 2020: -232.57% - A substantial decline in ROE, indicating a deeper negative impact on shareholder returns compared to the previous period.
3. September 30, 2023: 273.45% - A sharp improvement in ROE, surpassing 100%, indicating that the company generated a strong profit relative to shareholders' equity during this period.
4. December 31, 2024: 521.77% - A further significant increase in ROE, reaching over 500%, signaling exceptional profitability and efficiency in utilizing shareholders' equity to generate returns.
Overall, Live Nation Entertainment Inc's ROE has been volatile, with periods of negative returns followed by substantial positive returns. The recent improvements in ROE suggest that the company has been able to generate significant profits relative to equity, which could indicate effective management of assets and resources. It will be important to monitor future ROE trends to assess the company's ongoing financial performance and shareholder value creation.
Peer comparison
Dec 31, 2024