Live Nation Entertainment vs Warner Music
LYV and WMG side by side, both in amusement and recreation services. Figures are trailing twelve months unless noted, from SEC filings and end-of-day prices.
How LYV and WMG compare
Live Nation Entertainment is the larger company, worth 2.6 times as much as Warner Music ($41.9B against $16.0B).
Warner Music grew revenue faster over the last twelve months (12.9% versus 10.8% for Live Nation Entertainment).
Warner Music keeps more of each dollar of sales as profit, with a net margin of 9.2% compared with 0.51% at Live Nation Entertainment.
Warner Music pays a dividend yielding 2.5%; Live Nation Entertainment does not pay one.
Warner Music scores higher on the StockData Score (11 against 7 for Live Nation Entertainment), which adds up 30 checks on valuation, growth, past performance, financial health and dividends.
Key numbers
A dot marks the better figure where higher or lower is clearly better.
| Metric | LYV | WMG |
|---|---|---|
| Size and price | ||
| Market cap | $41.9B | $16.0B |
| Share price | $177.89 | $30.62 |
| Change, 1 year | 19.2% | −2.2% |
| Change, 5 years | 43.7% | −36.5% |
| Beta (5Y) | 1.16 | 1.05 |
| Employees | 18K | 5,500 |
| StockData Score | ||
| Total score | 7 | 11 (better) |
| Valuation score | 0 | 0 |
| Growth score | 3 (better) | 1 |
| Performance score | 3 | 5 (better) |
| Health score | 1 | 1 |
| Dividend score | 0 | 4 (better) |
| Valuation | ||
| P/S | 1.6× (better) | 2.2× |
| P/B | 509× | 18.8× (better) |
| EV/EBITDA | 28.7× | 10.9× (better) |
| P/FCF | 30.3× | 19.2× (better) |
| FCF yield | 3.3% | 5.2% (better) |
| Fair value | $82.95 | $27.89 |
| Margin of safety | −114% | −9.8% (better) |
| Growth | ||
| Revenue growth (TTM) | 10.8% | 12.9% (better) |
| Revenue growth, 5Y average | 68.4% (better) | 8.5% |
| Net income growth (TTM) | −85.3% | 126% (better) |
| EPS growth (TTM) | −151% | – |
| Profitability | ||
| Gross margin | – | 45.8% |
| Operating margin | 3.0% | 13.7% (better) |
| Net margin | 0.51% | 9.2% (better) |
| FCF margin | 5.3% | 11.4% (better) |
| Return on equity | 60.9% | 93.1% (better) |
| Return on invested capital | – | 35.0% |
| Financial health | ||
| Debt / equity | 111.76 | – |
| Net debt / EBITDA | 0.09 | – |
| Interest coverage | 2.3× | 5.5× (better) |
| Current ratio | 0.85 (better) | 0.73 |
| Altman Z-score | 1.78 (better) | 1.71 |
| Piotroski F-score | 6 (better) | 4 |
| Dividends and buybacks | ||
| Dividend yield | – | 2.5% |
| Payout ratio | – | 59.5% |
| Years of dividend growth | – | 4 |
| Buyback yield | – | 0.38% |
| Shareholder yield | 0.00% | 2.9% (better) |
| Ownership | ||
| Held by institutions | 83.4% | 30.5% |
| Held by insiders | 32.0% | 72.3% |
| Insider net buying, 12 months | −$27.0M | $3.0M (better) |
| Superinvestors holding | 5 (better) | 2 |
| Short interest, % of float | 14.9% | 7.0% |
Go deeper
- LYV stock overview
- LYV income statement
- LYV valuation and score
- WMG stock overview
- WMG income statement
- WMG valuation and score
Other comparisons
For information only, not investment advice. Check the source filings before relying on any figure.