Live Nation Entertainment, Inc.

LYVNYSECommunication Services● Active

$160.07

$-0.94(-0.58%)

Market Cap$37.3B

P/E Ratio—

52W High$175.25

52W Low$125.34

Avg Volume2.8M

Open$160.84

Beta1.12

Overview

Live Nation Entertainment, Inc. (LYV) Free Cash Flow & Analysis

Annual & trailing free cash flow, FCF margin, YoY change, valuation ratios, and peer context.

LYV · free cash flow · updated Jun 8, 2026

Core FCF metrics

LYV · FCF · TTM · margin & CAGR

Free cash flow was $333.6M for FY2025 (fiscal year ending 2025-12-31), down 68.2% year-over-year The FCF margin was 1.3%.

FY2025 Free Cash Flow$333.6M▼ -68.2% YoY

Trailing 12M (TTM)$1.23Btrailing 4 quarters sum

FCF Margin1.3%$333.6M ÷ revenue

3-Year CAGR-39.2%FY2022 → FY2025

5-Year CAGRN/AN/A — contains negative FCF

FormulaFCF = Operating Cash Flow − Capital ExpendituresTTM = trailing 4 quarters sumCAGR → N/A if either endpoint ≤ 0

Source: FMP /cash-flow-statement · SEC 10-K / 10-Q · USDUpdated: Jun 8, 2026

Annual free cash flow history

FCF ($B, upper) · YoY Growth % (lower)

Positive FCFNegative FCF

Free Cash Flow

YoY Growth %

Annual free cash flow data

LYV · free cash flow history · annual / quarterly

Fiscal YearOperating CFCapExFree Cash FlowYoY ChangeFCF Margin

FY2025Latest$1.40B(1.06B)$333.6M▼ 68.2%1.3%

FY2024$1.73B(675M)$1.05B▲ +18.3%4.5%

FY2023$1.36B(475M)$887.7M▼ 40.1%3.9%

FY2022$1.84B(353M)$1.48B▼ 8.6%8.9%

FY2021$1.78B(160M)$1.62B▲ +224.1%25.9%

FCF = Operating Cash Flow − Capital Expenditures · CapEx shown as (negative) · Source: SEC filings via FMP

FCF valuation metrics

LYV · P/FCF · FCF yield · FCF per share

Live Nation Entertainment, Inc. (LYV) trades at a FCF yield of 3.31% and a price-to-free-cash-flow ratio of 30.1x. FCF per share stands at $5.32, calculated using trailing twelve-month FCF divided by basic weighted-average shares outstanding.

FCF Yield (TTM)

3.31%

Free Cash Flow ÷ Market Cap

per FMP freeCashFlowYieldTTM definition

FCF per Share (TTM)

$5.32

TTM FCF ÷ Shares Outstanding

Price / FCF

x30.1

Share Price ÷ FCF per Share

EV / FCF (TTM)

x31.4

Enterprise Value basis

Source: FMP /key-metrics-ttm · /cash-flow-statement Q · /income-statementFY2025 · 2025-12-31

Cash flow statement summary

LYV · cash flow statement · operating / investing / financing

For FY2025, Live Nation Entertainment, Inc. generated $1.40B in operating cash flow and spent 1.06B in capital expenditures, yielding $333.6M in free cash flow.

Operating Activities

+$1.40B

Cash from core business operations

2025-12-31

Investing Activities

−$1.23B

CapEx, acquisitions & investments

2025-12-31

Financing Activities

+$406.5M

Buybacks, dividends & debt

2025-12-31

FCF FormulaOperating CF ($1.40B) − |CapEx| (1.06B) = FCF ($333.6M)

For the complete Operating / Investing / Financing line-item breakdown:

View Full Cash Flow Statement →

Free cash flow vs peers (Communication Services)

LYV vs peers · FCF

#CompanyFree Cash FlowYoYFCF MarginRelative

Live Nation Entertainment, Inc.YOU

LYV

$333.6M-68.2%1.3%

About Free Cash Flow & Methodology

Live Nation Entertainment, Inc. (LYV) reported free cash flow of $333.6M for FY2025 (fiscal year ending 2025-12-31), down 68.2% year-over-year. The FCF margin was 1.3%.

Based on available data, Live Nation Entertainment, Inc. has maintained positive free cash flow for at least 14 fiscal year(s). FCF peaked at $1.62B in FY2021.

Live Nation Entertainment, Inc.'s FCF yield is 3.31% and price-to-FCF ratio is 30.1x for FY2025, based on the latest available data.

Data sourced from FMP /cash-flow-statement · SEC 10-K / 10-Q · USD.

Q&A and summaries align with SEC 10-K/10-Q cash flow disclosures and FMP /cash-flow-statement where noted.

Revenue Financial statements Net income Earnings Forecast Price history Market cap Cash on hand P/E ratio

Frequently asked questions

LYV free cash flow · 8 questions

Live Nation Entertainment, Inc. free cash flow was $333.6M for FY2025, down 68.2% year-over-year. On a trailing twelve-month (TTM) basis, free cash flow stands at $1.23B.

LYV free cash flowLYV FCFLYV FCF 2025LYV free cash flow TTM

▸ Source: FMP /cash-flow-statement · US GAAP · Live Nation Entertainment, Inc. · Live Nation Entertainment, Inc. SEC 10-K & 10-Q filings · US GAAP · Last updated: Jun 8, 2026