Live Nation Entertainment Inc (LYV)
Return on total capital
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Earnings before interest and tax (EBIT) | US$ in thousands | 1,065,400 | 1,328,480 | 678,697 | -445,351 | -1,629,830 |
| Long-term debt | US$ in thousands | — | — | — | — | — |
| Total stockholders’ equity | US$ in thousands | 173,263 | -17,148 | -367,569 | -582,651 | -471,772 |
| Return on total capital | 614.90% | — | — | — | — |
December 31, 2024 calculation
Return on total capital = EBIT ÷ (Long-term debt + Total stockholders’ equity)
= $1,065,400K ÷ ($—K + $173,263K)
= 614.90%
Based on the provided data, Live Nation Entertainment Inc's return on total capital was not available for the years ending December 31, 2020 through December 31, 2023. However, for the year ending December 31, 2024, the return on total capital was 614.90%. This indicates that in 2024, Live Nation generated significant profits relative to the total capital invested in the business. It suggests that the company is effectively utilizing its capital to generate returns for its shareholders. It would be important to further analyze the components that drove this exceptionally high return on total capital in 2024 to understand the company's performance and future prospects.
Peer comparison
Dec 31, 2024