Live Nation Entertainment, Inc. (LYV) vs Warner Bros. Discovery, Inc. (WBD)

Live Nation Entertainment, Inc. and Warner Bros. Discovery, Inc. are both Entertainment companies. Warner Bros. Discovery, Inc. is the larger, with a market value of $77.3B against $40.3B — 1.9× the size. Live Nation Entertainment, Inc. grew revenue faster over the last twelve months: 10.8% against −6.05%. Live Nation Entertainment, Inc. has the higher net margin (−1.58% vs −8.77%) and the higher return on invested capital (56.6% vs −1.27%). Across the 21 metrics below, Live Nation Entertainment, Inc. leads on 14 and Warner Bros. Discovery, Inc. on 7.

Valuation

Metric LYV WBD Entertainment median
P/E n/m n/m 22.03
P/S 1.52 2.15 1.47
P/B 52.73 2.28 2.00
Price to free cash flow 28.54 35.55 16.60
EV/EBITDA 24.92 7.64 9.65
EV/Sales 1.52 2.94 1.76
Earnings yield (0.65%) (4.12%) (0.67%)
Free cash flow yield 3.50% 2.81% 3.26%

Profitability

Metric LYV WBD Entertainment median
Gross margin 25.78% 47.25% 45.02%
Operating margin 3.05% (3.52%) 2.30%
Net margin (1.58%) (8.77%) 0.00%
Free cash flow margin 5.34% 6.04% 1.56%
Return on equity (49.43%) (8.88%) 0.00%
Return on assets (1.62%) (3.18%) 0.00%
Return on invested capital 56.58% (1.27%) 0.00%

Growth

Metric LYV WBD Entertainment median
Revenue growth (TTM) 10.75% (6.05%) 5.07%
EPS growth (last fiscal year) (108.76%) 106.28% —
Revenue growth, 5-year CAGR 68.39% 28.44% 10.25%
Net income growth, 5-year CAGR 0.00% (9.82%) 0.00%

Health

Metric LYV WBD Entertainment median
Debt to equity 12.18 0.94 0.46
Current ratio 0.85 0.78 0.86
Net debt to EBITDA 0.55 1.53 0.72

Dividend

Metric LYV WBD Entertainment median
Dividend yield — — 1.16%
Payout ratio 0.00 0.00 0.00

Size

Metric LYV WBD Entertainment median
Market cap 40.31b 77.30b 1.87b

Compare with another peer

Any metric, up to five companies and an Excel export Powerpack