Live Historical Income Statement
LYV Stock | USD 96.59 0.21 0.22% |
Historical analysis of Live Nation income statement accounts such as Gross Profit of 5.7 B can show how well Live Nation Entertainment performed in making a profits. Evaluating Live Nation income statement over time to spot trends is a great complementary tool to traditional technical analysis and can indicate the direction of Live Nation's future profits or losses.
Financial Statement Analysis is much more than just reviewing and examining Live Nation Entertainment latest accounting reports to predict its past. Macroaxis encourages investors to analyze financial statements over time for various trends across multiple indicators and accounts to determine whether Live Nation Entertainment is a good buy for the upcoming year.
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About Live Income Statement Analysis
Live Nation Entertainment Income Statement consists of revenues and expenses along with the resulting net income or loss. It represents the profit for the accounting period attributable to Live Nation shareholders. The income statement also shows Live investors and management if the firm made money during the period reported. The result of an income statement is the net income that is calculated after subtracting the expenses from revenue. It is essential to investors both as an absolute measure as well as earnings per share (i.e., EPS).
Live Nation Income Statement Chart
Live Nation Entertainment Income Statement is one of the three primary financial statements used for reporting Live's overall financial performance over a current year or for a given accounting period. An Income Statement sometimes referred to as the statement of Live Nation Entertainment revenue and expense. Live Nation Income Statement primarily focuses on the company's revenues and expenses during a particular period.
At this time, Live Nation's Income Before Tax is fairly stable compared to the past year. Net Income is likely to climb to about 591.4 M in 2024, whereas Total Other Income Expense Net is likely to drop (47.6 M) in 2024. Add Fundamental
Total Revenue
Total revenue comprises all receipts Live Nation Entertainment generated from the sale of its products or services. The total amount of income generated by the sale of goods or services related to the company's primary operations.Gross Profit
Gross profit is a required income statement account that reflects total revenue of Live Nation Entertainment minus its cost of goods sold. It is profit before Live Nation operating expenses, interest payments and taxes. Gross profit is also known as gross margin. The profit a company makes after deducting the costs associated with making and selling its products, or the costs associated with providing its services.Other Operating Expenses
Other Operating Expenses is the expense which generally does not depend on sales or production quantities of Live Nation Entertainment. It is also known as Live Nation overhead expenses. Typically these expenses include marketing, rent and utilities, office, leases, and other overhead cost. Expenses incurred from non-core business activities, including administrative and general expenses, but excluding costs directly related to production.Cost Of Revenue
Cost of Revenue is found on Live Nation Entertainment income statement and represents the costs associated with goods and services Live Nation provides. Indirect cost, such as salaries, is not included. In other words, cost of revenue is the total cost incurred to obtain a sale. It is more than the traditional cost of goods sold, since it includes specific selling and marketing activities.Most accounts from Live Nation's income statement are interrelated and interconnected. However, analyzing income statement accounts one by one will only give a small insight into Live Nation Entertainment current financial condition. On the other hand, looking into the entire matrix of income statement accounts, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Live Nation Entertainment. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in manufacturing. At this time, Live Nation's Income Before Tax is fairly stable compared to the past year. Net Income is likely to climb to about 591.4 M in 2024, whereas Total Other Income Expense Net is likely to drop (47.6 M) in 2024.
2021 | 2022 | 2023 | 2024 (projected) | Gross Profit | 1.9B | 4.3B | 5.5B | 5.7B | Total Revenue | 6.3B | 16.7B | 22.7B | 23.9B |
Live Nation income statement Correlations
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Live Nation Account Relationship Matchups
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Live Nation income statement Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Depreciation And Amortization | 459.4M | 508.4M | 416.3M | 469.3M | 516.8M | 333.2M | |
Interest Expense | 157.5M | 226.8M | 282.4M | 278.5M | 350.2M | 367.8M | |
Total Revenue | 11.5B | 1.9B | 6.3B | 16.7B | 22.7B | 23.9B | |
Gross Profit | 3.1B | 458.8M | 1.9B | 4.3B | 5.5B | 5.7B | |
Other Operating Expenses | 11.2B | 3.5B | 6.7B | 16.0B | 21.7B | 22.8B | |
Operating Income | 324.8M | (1.7B) | (413.6M) | 732.1M | 1.1B | 1.1B | |
Ebit | 324.8M | (1.7B) | (413.6M) | 732.1M | 1.2B | 1.3B | |
Ebitda | 784.2M | (1.1B) | 2.7M | 1.2B | 1.8B | 1.9B | |
Cost Of Revenue | 8.5B | 1.4B | 4.4B | 12.3B | 17.3B | 18.2B | |
Total Operating Expenses | 2.8B | 2.1B | 2.3B | 3.6B | 4.4B | 4.6B | |
Income Before Tax | 185.1M | (1.9B) | (611.3M) | 505.4M | 894.5M | 939.3M | |
Total Other Income Expense Net | (139.7M) | (204.0M) | (197.7M) | (226.7M) | (45.3M) | (47.6M) | |
Net Income | 118.2M | (1.8B) | (608.8M) | 409.2M | 563.3M | 591.4M | |
Income Tax Expense | 66.9M | (28.9M) | (2.5M) | 96.3M | 160.2M | 168.2M | |
Selling General Administrative | 2.3B | 1.5B | 1.8B | 237.8M | 330.8M | 314.3M | |
Net Income Applicable To Common Shares | (4.9M) | (1.7B) | (670.7M) | 149.2M | 134.3M | 141.0M | |
Minority Interest | 767.6M | (103.3M) | 42.1M | (260.0M) | (171.0M) | (162.5M) | |
Net Income From Continuing Ops | 118.2M | (1.8B) | (608.8M) | 409.2M | 734.3M | 771.0M | |
Non Operating Income Net Other | 17.8M | 23.4M | 89.0M | 51.8M | 59.6M | 62.6M | |
Selling And Marketing Expenses | 27.8M | 14.8M | 18.1M | 32M | 47.7M | 32.2M | |
Tax Provision | 66.9M | (28.9M) | (2.5M) | 96.3M | 160.2M | 168.2M | |
Interest Income | 137.7M | 11.7M | 6.6M | 77.6M | 237.8M | 249.7M | |
Preferred Stock And Other Adjustments | 74.8M | (1.2M) | 19.8M | 146.8M | 168.8M | 177.2M | |
Net Interest Income | (143.1M) | (215.1M) | (275.8M) | (200.9M) | (112.4M) | (118.0M) | |
Reconciled Depreciation | 444.0M | 485.0M | 416.3M | 450.0M | 516.8M | 495.6M |
Pair Trading with Live Nation
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Live Nation position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Live Nation will appreciate offsetting losses from the drop in the long position's value.Moving against Live Stock
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The ability to find closely correlated positions to Live Nation could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Live Nation when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Live Nation - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Live Nation Entertainment to buy it.
The correlation of Live Nation is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Live Nation moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Live Nation Entertainment moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Live Nation can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Live Nation Entertainment. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in manufacturing. You can also try the Portfolio Analyzer module to portfolio analysis module that provides access to portfolio diagnostics and optimization engine.
Complementary Tools for Live Stock analysis
When running Live Nation's price analysis, check to measure Live Nation's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Live Nation is operating at the current time. Most of Live Nation's value examination focuses on studying past and present price action to predict the probability of Live Nation's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Live Nation's price. Additionally, you may evaluate how the addition of Live Nation to your portfolios can decrease your overall portfolio volatility.
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Is Live Nation's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Live Nation. If investors know Live will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Live Nation listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth 0.281 | Earnings Share 1.09 | Revenue Per Share 102.296 | Quarterly Revenue Growth 0.215 | Return On Assets 0.0353 |
The market value of Live Nation Entertainment is measured differently than its book value, which is the value of Live that is recorded on the company's balance sheet. Investors also form their own opinion of Live Nation's value that differs from its market value or its book value, called intrinsic value, which is Live Nation's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Live Nation's market value can be influenced by many factors that don't directly affect Live Nation's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Live Nation's value and its price as these two are different measures arrived at by different means. Investors typically determine if Live Nation is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Live Nation's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.