Live Nation Entertainment, Inc. (LYV) closed fiscal year 2025 with a gross margin of 25.5 % and a net margin of 2.0 %.
Live Nation Entertainment, Inc. (LYV) closed fiscal year 2025 with a gross margin of 25.5 % and a net margin of 2.0 %. The same year shows an EBITDA margin of 7.5 % and an EBIT margin of 5.0 %. The free cash flow margin was 1.3 %. Against the previous year the gross margin moved +0.6 pp and the net margin −1.9 pp. Across the period the gross margin ranges between 23.9 % in 2023 and 26.0 % in 2022. The series covers 17 fiscal years, from 2009 to 2025. Margins are expressed as a percentage of net revenue and are derived from the same figures as the income statement, taken from as-reported SEC EDGAR filings, with no restatements or adjustments of our own.
Fiscal year end: December
| 2009 | 2010 | 2011 | 2012 | 2013 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Gross margin (%) | — | — | — | — | — | — | — | — | — | — | — | — | — | 25.98 % | 23.92 % | 24.94 % | 25.55 % |
| EBITDA margin (%) | 2.53 % | 5.09 % | 6.71 % | 7.01 % | 7.85 % | 5.47 % | 7.30 % | 6.56 % | 4.79 % | 6.11 % | 6.66 % | -62.76 % | -0.03 % | 7.03 % | 7.05 % | 5.94 % | 7.50 % |
| EBIT margin (%) | -1.25 % | -1.26 % | 0.34 % | -0.37 % | 2.16 % | 0.10 % | 1.81 % | 2.49 % | 0.94 % | 2.53 % | 2.81 % | -88.83 % | -6.67 % | 4.33 % | 4.77 % | 3.56 % | 4.96 % |
| Net margin (%) | -1.44 % | -4.51 % | -1.54 % | -2.81 % | -0.67 % | -1.32 % | -0.45 % | 0.04 % | -0.06 % | 0.56 % | 0.61 % | -92.66 % | -10.38 % | 1.60 % | 2.45 % | 3.87 % | 1.97 % |
| FCF margin (%) | -0.17 % | 1.64 % | 0.52 % | 4.18 % | 4.58 % | 2.22 % | 2.28 % | 5.43 % | 3.98 % | 6.51 % | 1.27 % | -69.69 % | 25.97 % | 8.92 % | 4.07 % | 4.66 % | 1.32 % |
