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Live Nation is the largest live entertainment company in the world, serving as a concert promoter, venue operator, and ticketing platform. In addition, the firm generates revenue from sponsorships and advertising. With offices in 45 countries, Live Nation promotes concerts globally and it owns, operates, or had exclusive booking rights to nearly 400 venues worldwide at the end of 2024, which the firm says makes it the second-largest operator of music venues globally. In 2024, Live Nation promoted nearly 55,000 events, drawing more than 150 million fans. Ticketmaster is a dominant global ticketing service, selling almost 640 million tickets in 2024.
2005
16.2K+
LTM Revenue $24.3B
LTM EBITDA $2.2B
$32.9B
Benchmark forward-looking revenue and EBITDA valuation multiples across generative AI, climate tech, semiconductors, online marketplaces, vertical SaaS and 220 more verticals.
Live Nation has a last 12-month revenue (LTM) of $24.3B and a last 12-month EBITDA of $2.2B.
In the most recent fiscal year, Live Nation achieved revenue of $23.2B and an EBITDA of $1.6B.
Live Nation expects next 12-month revenue of XXX and NTM EBITDA of XXX
See Live Nation valuation multiples based on analyst estimates| LTM | NTM | Last FY | FY 2025 | FY 2026 | FY 2027 | |
|---|---|---|---|---|---|---|
| Revenue | $24.3B | XXX | $23.2B | XXX | XXX | XXX |
| Gross Profit | $6.2B | XXX | $5.8B | XXX | XXX | XXX |
| Gross Margin | 26% | XXX | 25% | XXX | XXX | XXX |
| EBITDA | $2.2B | XXX | $1.6B | XXX | XXX | XXX |
| EBITDA Margin | 9% | XXX | 7% | XXX | XXX | XXX |
| EBIT | $1.1B | XXX | $813M | XXX | XXX | XXX |
| EBIT Margin | 5% | XXX | 4% | XXX | XXX | XXX |
| Net Profit | $630M | XXX | $896M | XXX | XXX | XXX |
| Net Margin | 3% | XXX | 4% | XXX | XXX | XXX |
| Net Debt | XXX | XXX | $343M | XXX | XXX | XXX |
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As of May 30, 2025, Live Nation's stock price is $137.
Live Nation has current market cap of $31.8B, and EV of $32.9B.
See Live Nation trading valuation data| EV | Market Cap | Price 1D | Price 1M | Price 3M | Price 12M | EPS |
|---|---|---|---|---|---|---|
| $32.9B | $31.8B | XXX | XXX | XXX | XXX | $2.48 |
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Start Free TrialAs of May 30, 2025, Live Nation has market cap of $31.8B and EV of $32.9B.
Live Nation's trades at 1.4x EV/Revenue multiple, and 20.4x EV/EBITDA.
Equity research analysts estimate Live Nation's 2025E EV/Revenue multiple at XXX and 2025E EV/EBITDA multiple at XXX
Live Nation has a P/E ratio of 50.5x.
See valuation multiples for Live Nation and 12K+ public comps| LTM | NTM | Last FY | FY 2025 | FY 2026 | FY 2027 | |
|---|---|---|---|---|---|---|
| Market cap (current) | $31.8B | XXX | $31.8B | XXX | XXX | XXX |
| EV (current) | $32.9B | XXX | $32.9B | XXX | XXX | XXX |
| EV/Revenue | 1.4x | XXX | 1.4x | XXX | XXX | XXX |
| EV/EBITDA | 14.6x | XXX | 20.4x | XXX | XXX | XXX |
| EV/EBIT | 29.7x | XXX | 40.5x | XXX | XXX | XXX |
| EV/Gross Profit | 5.3x | XXX | n/a | XXX | XXX | XXX |
| P/E | 50.5x | XXX | 35.5x | XXX | XXX | XXX |
| EV/FCF | 26.9x | XXX | 31.4x | XXX | XXX | XXX |
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Access all public comps and forward-looking valuation multiples like EV/Revenue in 2025, based on equity research analyst estimates.
Start Free TrialLive Nation's last 12 month revenue growth is 11%
Live Nation's revenue per employee in the last FY averaged $1.4M, while opex per employee averaged $0.3M for the same period.
Live Nation's rule of 40 is 18% (metric relevant for SaaS companies only, counted as combined revenue growth rate and EBITDA margin).
Live Nation's rule of X is 36% (created by Bessemer, rule of X is another metric relevant for SaaS companies only, ~1.5x stronger vs. the traditional Rule of 40, counted as revenue growth rate multiplied by 2.5 plus EBITDA margin).
See operational valuation multiples for Live Nation and other 12K+ public comps| LTM | NTM | Last FY | FY 2025 | FY 2026 | FY 2027 | |
|---|---|---|---|---|---|---|
| Revenue Growth | 11% | XXX | 10% | XXX | XXX | XXX |
| EBITDA Margin | 9% | XXX | 7% | XXX | XXX | XXX |
| EBITDA Growth | 12% | XXX | 17% | XXX | XXX | XXX |
| Rule of 40 | 18% | XXX | 18% | XXX | XXX | XXX |
| Bessemer Rule of X | XXX | XXX | 36% | XXX | XXX | XXX |
| Revenue per Employee | XXX | XXX | $1.4M | XXX | XXX | XXX |
| Opex per Employee | XXX | XXX | $0.3M | XXX | XXX | XXX |
| S&M Expenses to Revenue | XXX | XXX | 0% | XXX | XXX | XXX |
| G&A Expenses to Revenue | XXX | XXX | n/a | XXX | XXX | XXX |
| R&D Expenses to Revenue | XXX | XXX | n/a | XXX | XXX | XXX |
| Opex to Revenue | XXX | XXX | 22% | XXX | XXX | XXX |
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Benchmark public comps and private revenue and EBITDA valuation multiples across GRC software, cloud infrastructure, DevOps, online marketplaces and so much more!
| EV/Revenue | EV/EBITDA | |||||
|---|---|---|---|---|---|---|
| 2025E | 2026E | 2027E | 2025E | 2026E | 2027E | |
| Grand Prix International | XXX | XXX | XXX | XXX | XXX | XXX |
| Miss Grand International | XXX | XXX | XXX | XXX | XXX | XXX |
| FC Copenhagen | XXX | XXX | XXX | XXX | XXX | XXX |
| CTS Eventim | XXX | XXX | XXX | XXX | XXX | XXX |
| Highlight Communications | XXX | XXX | XXX | XXX | XXX | XXX |
| XXXXXXXX | XXX | XXX | XXX | XXX | XXX | XXX |
| XXXXXXXX | XXX | XXX | XXX | XXX | XXX | XXX |
Valuation data powered by FactSet, Inc.
Live Nation acquired XXX companies to date.
Last acquisition by Live Nation was XXXXXXXX, XXXXX XXXXX XXXXXX . Live Nation acquired XXXXXXXX for XXX (EV/Revenue multiple of XXX ).
See M&A valuation multiples| Acquired Company | EV | EV/Revenue | EV/EBITDA |
|---|---|---|---|
| XXXXXXXXX | XXX | XXX | XXX |
| XXXXXXXXX | XXX | XXX | XXX |
| XXXXXXXXX | XXX | XXX | XXX |
| XXXXXXXXX | XXX | XXX | XXX |
| XXXXXXXXX | XXX | XXX | XXX |
Sign up to see revenue and EBITDA valuation multiples for 60K+ M&A deals.
Start Free Trial| When was Live Nation founded? | Live Nation was founded in 2005. |
| Where is Live Nation headquartered? | Live Nation is headquartered in United States of America. |
| How many employees does Live Nation have? | As of today, Live Nation has 16.2K+ employees. |
| Who is the CEO of Live Nation? | Live Nation's CEO is Mr. Michael Rapino. |
| Is Live Nation publicy listed? | Yes, Live Nation is a public company listed on NYS. |
| What is the stock symbol of Live Nation? | Live Nation trades under LYV ticker. |
| When did Live Nation go public? | Live Nation went public in 2005. |
| Who are competitors of Live Nation? | Similar companies to Live Nation include e.g. Grand Prix International, Miss Grand International, FC Copenhagen, CTS Eventim. |
| What is the current market cap of Live Nation? | Live Nation's current market cap is $31.8B |
| What is the current revenue of Live Nation? | Live Nation's last 12 months revenue is $24.3B. |
| What is the current revenue growth of Live Nation? | Live Nation revenue growth (NTM/LTM) is 11%. |
| What is the current EV/Revenue multiple of Live Nation? | Current revenue multiple of Live Nation is 1.4x. |
| Is Live Nation profitable? | Yes, Live Nation is EBITDA-positive (as of the last 12 months). |
| What is the current EBITDA of Live Nation? | Live Nation's last 12 months EBITDA is $2.2B. |
| What is Live Nation's EBITDA margin? | Live Nation's last 12 months EBITDA margin is 9%. |
| What is the current EV/EBITDA multiple of Live Nation? | Current EBITDA multiple of Live Nation is 14.6x. |
| What is the current FCF of Live Nation? | Live Nation's last 12 months FCF is $1.2B. |
| What is Live Nation's FCF margin? | Live Nation's last 12 months FCF margin is 5%. |
| What is the current EV/FCF multiple of Live Nation? | Current FCF multiple of Live Nation is 26.9x. |
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