GOOGL vs. LYV: Alphabet vs. Live Nation Entertainment Stock Comparison

November 11, 2026

How do Alphabet (GOOGL) and Live Nation Entertainment (LYV) stack up? This page sets them side by side across company profile, performance and risk, profitability, growth, financial strength, dividends, and valuation, with selected fundamentals also measured against each stock's industry-group peers.

Company Profile

Alphabet (GOOGL) and Live Nation Entertainment (LYV) both fall under the Media & Entertainment industry group, but GOOGL is classified in Interactive Media & Services while LYV is classified in Entertainment.

Company profile comparison for Alphabet (GOOGL) and Live Nation Entertainment (LYV)
Profile Item	GOOGL	LYV
Name	Alphabet Inc. Class A Common Stock	Live Nation Entertainment, Inc.
Country/Region	United States	United States
GICS Sector	Communication Services	Communication Services
GICS Industry Group	Media & Entertainment	Media & Entertainment
GICS Industry	Interactive Media & Services	Entertainment
GICS Sub-Industry	Interactive Media & Services	Movies & Entertainment
Market Capitalization	3,501.09 billion USD	41.31 billion USD
Currency	USD	USD
Exchange	Nasdaq	NYSE
Listing Date	August 19, 2004	December 21, 2005
Security Type	Common Stock	Common Stock

Price Performance

Cumulative Growth

GOOGL

LYV

GSPC

Alphabet (GOOGL) vs. Live Nation Entertainment (LYV), with S&P 500 (GSPC) for reference: Growth of a $10,000 investment over the past five years. Adjusted for dividends and splits.

Trailing Returns

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Trailing total returns for Alphabet (GOOGL) and Live Nation Entertainment (LYV). Returns over one year are annualized.

Calendar-Year Returns

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Calendar-year total returns for Alphabet (GOOGL) and Live Nation Entertainment (LYV). Each bar is that year's total return, measured year-end to year-end.

Performance Metrics

Price performance metrics for Alphabet (GOOGL) and Live Nation Entertainment (LYV)
Metric	GOOGL	LYV
Total Return (1Y)	4.89%	23.66%
Total Return (3Y, Annualized)	31.25%	26.35%
Total Return (5Y, Annualized)	14.61%	8.30%

Risk Profile

Drawdown History

GOOGL

LYV

GSPC

Alphabet (GOOGL) vs. Live Nation Entertainment (LYV), with S&P 500 (GSPC) for reference: Drawdown from the running peak over the past five years. Each line shows the decline from its prior peak; 0% marks a new high.

Return Distribution

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Distribution of monthly total returns for Alphabet (GOOGL) and Live Nation Entertainment (LYV). Each bar is the share of months whose return fell in that 5% bucket.

Risk Metrics

Risk profile metrics for Alphabet (GOOGL) and Live Nation Entertainment (LYV)
Metric	GOOGL	LYV
Volatility (1Y, Annualized)	33.67%	29.09%
Beta (5Y)	1.20	1.16
Max Drawdown (5Y)	-44.32%	-48.16%
Avg. Volume (3M)	28.79M	2.02M

Risk-Adjusted Performance

Risk-Return Positioning

GOOGL and LYV are plotted by 1-year volatility (risk) and 1-year return. The dashed Capital Allocation Line runs from the risk-free rate through the shared industry median.

Risk-Adjusted Metrics

Risk-adjusted metrics for Alphabet (GOOGL) and Live Nation Entertainment (LYV)
Metric	GOOGL	LYV
Sharpe Ratio (1Y)	0.02	0.67
Sortino Ratio (1Y)	0.03	1.04

Profitability

ROE (TTM)

Both Alphabet (GOOGL) at 44.29% and Live Nation Entertainment (LYV) at 21.01% sit in the top peer quartile for ROE, suggesting each generates more profit from shareholders’ equity than typical industry peers.

GOOGL

Media & Entertainment industry group

44.29%

Max: 49.92%
GOOGL: 44.29%
Q3: 17.95%
Median: 7.20%
Q1: -4.53%
Min: -26.31%

LYV

Media & Entertainment industry group

21.01%

Max: 49.92%
LYV: 21.01%
Q3: 17.95%
Median: 7.20%
Q1: -4.53%
Min: -26.31%

Alphabet (GOOGL) vs. Live Nation Entertainment (LYV): A comparison of their ROE against the Media & Entertainment industry group benchmark.

Net Margin (TTM)

Alphabet (GOOGL) at 50.03% converts revenue to bottom-line profit above its industry’s benchmark range, while Live Nation Entertainment (LYV) at 0.54% keeps roughly the typical share for its industry.

GOOGL

Media & Entertainment industry group

50.03%

GOOGL: 50.03%
Max: 32.91%
Q3: 11.75%
Median: 5.04%
Q1: -4.17%
Min: -25.14%

LYV

Media & Entertainment industry group

0.54%

Max: 32.91%
Q3: 11.75%
Median: 5.04%
LYV: 0.54%
Q1: -4.17%
Min: -25.14%

Alphabet (GOOGL) vs. Live Nation Entertainment (LYV): A comparison of their net margin against the Media & Entertainment industry group benchmark.

Operating Margin (TTM)

Alphabet (GOOGL) at 31.81% operates in the top operating margin quartile, ahead of Live Nation Entertainment (LYV) at 8.90%, which runs around its industry’s norm.

GOOGL

Media & Entertainment industry group

31.81%

Max: 40.16%
GOOGL: 31.81%
Q3: 18.72%
Median: 8.63%
Q1: 1.90%
Min: -22.08%

LYV

Media & Entertainment industry group

8.90%

Max: 40.16%
Q3: 18.72%
LYV: 8.90%
Median: 8.63%
Q1: 1.90%
Min: -22.08%

Alphabet (GOOGL) vs. Live Nation Entertainment (LYV): A comparison of their operating margin against the Media & Entertainment industry group benchmark.

Profitability Metrics

Profitability metrics for Alphabet (GOOGL) and Live Nation Entertainment (LYV)
Metric	GOOGL	LYV
ROE (TTM)	44.29%	21.01%
ROA (TTM)	12.74%	3.53%
Net Margin (TTM)	50.03%	0.54%
Operating Margin (TTM)	31.81%	8.90%
Gross Margin (TTM)	60.86%	25.36%

Growth

Revenue Growth

Alphabet (GOOGL) at 15.09% sits in the top revenue growth quartile, while Live Nation Entertainment (LYV) at 8.83% is closer to the peer norm — faster top-line expansion for GOOGL.

Alphabet (GOOGL) vs. Live Nation Entertainment (LYV): A comparison of their Revenue Growth across different time periods.

EPS Growth

Alphabet (GOOGL) at 34.45% is around its peer norm for EPS growth, while Live Nation Entertainment (LYV) at -108.76% drops into the bottom quartile, signaling weaker earnings momentum.

Alphabet (GOOGL) vs. Live Nation Entertainment (LYV): A comparison of their EPS Growth across different time periods.

Growth Metrics

Growth metrics for Alphabet (GOOGL) and Live Nation Entertainment (LYV)
Metric	GOOGL	LYV
Revenue Growth (YoY)	15.09%	8.83%
Revenue Growth (3Y CAGR)	12.51%	14.74%
EPS Growth (YoY)	34.45%	-108.76%
EPS Growth (3Y CAGR)	33.34%	--

Financial Strength

Current Ratio (MRQ)

Live Nation Entertainment (LYV) at 0.95 keeps current ratio within its industry’s typical mid-range, while Alphabet (GOOGL) at 2.79 sits above its industry’s typical mid-range — comfortable liquidity, though possibly with more idle current assets relative to peers.

GOOGL

Media & Entertainment industry group

2.79

Max: 4.69
GOOGL: 2.79
Q3: 2.53
Median: 1.52
Q1: 0.95
Min: 0.28

LYV

Media & Entertainment industry group

0.95

Max: 4.69
Q3: 2.53
Median: 1.52
LYV: 0.95
Q1: 0.95
Min: 0.28

Alphabet (GOOGL) vs. Live Nation Entertainment (LYV): A comparison of their current ratio against the Media & Entertainment industry group benchmark.

Debt / Equity (MRQ)

Alphabet (GOOGL) at 0.22 is near its industry mid-range for debt-to-equity ratio, while Live Nation Entertainment (LYV) at 5.10 sits above its benchmark range, pointing to a heavier debt load relative to equity.

GOOGL

Media & Entertainment industry group

0.22

Max: 3.65
Q3: 1.69
Median: 0.46
GOOGL: 0.22
Q1: 0.17
Min: 0.00

LYV

Media & Entertainment industry group

5.10

LYV: 5.10
Max: 3.65
Q3: 1.69
Median: 0.46
Q1: 0.17
Min: 0.00

Alphabet (GOOGL) vs. Live Nation Entertainment (LYV): A comparison of their debt-to-equity ratio against the Media & Entertainment industry group benchmark.

Financial Strength Metrics

Financial strength metrics for Alphabet (GOOGL) and Live Nation Entertainment (LYV)
Metric	GOOGL	LYV
Current Ratio (MRQ)	2.79	0.95
Debt / Equity (MRQ)	0.22	5.10
Net Debt / EBITDA	-0.62	1.70

Dividends

Dividend Yield (TTM)

Live Nation Entertainment (LYV) pays no dividend (yield 0.00%) — it may be reinvesting, using buybacks, or simply not returning cash through dividends. Meanwhile Alphabet (GOOGL) reports a yield of 0.30%, ranking against industry peers normally.

GOOGL

Media & Entertainment industry group

0.30%

Max: 1.33%
Q3: 0.65%
GOOGL: 0.30%
Median: 0.00%
Q1: 0.00%
Min: 0.00%

LYV

Media & Entertainment industry group

0.00%

Max: 1.33%
Q3: 0.65%
LYV: 0.00%
Median: 0.00%
Q1: 0.00%
Min: 0.00%

Alphabet (GOOGL) vs. Live Nation Entertainment (LYV): A comparison of their dividend yield against the Media & Entertainment industry group benchmark.

Dividend Payout Ratio (TTM)

Live Nation Entertainment (LYV) pays no dividend (payout 0.00%) — it may be reinvesting, using buybacks, or simply not returning cash through dividends. Meanwhile Alphabet (GOOGL) reports a payout of 4.49%, ranking against industry peers normally.

GOOGL

Media & Entertainment industry group

4.49%

Max: 71.43%
Q3: 28.98%
GOOGL: 4.49%
Median: 0.00%
Q1: 0.00%
Min: 0.00%

LYV

Media & Entertainment industry group

0.00%

Max: 71.43%
Q3: 28.98%
LYV: 0.00%
Median: 0.00%
Q1: 0.00%
Min: 0.00%

Alphabet (GOOGL) vs. Live Nation Entertainment (LYV): A comparison of their payout ratio against the Media & Entertainment industry group benchmark.

Dividend Metrics

Dividend metrics for Alphabet (GOOGL) and Live Nation Entertainment (LYV)
Metric	GOOGL	LYV
Dividend Yield (TTM)	0.30%	0.00%
Dividend Payout Ratio (TTM)	4.49%	0.00%

Valuation

P/E Ratio (TTM)

An earnings multiple is available for just one side: Alphabet (GOOGL) trades at 14.87 times trailing earnings, ranked against its peers, while Live Nation Entertainment (LYV) has no P/E ratio this period.

GOOGL

Media & Entertainment industry group

14.87

Max: 51.21
Q3: 28.90
Median: 17.98
GOOGL: 14.87
Q1: 11.53
Min: 1.64

LYV

Media & Entertainment industry group

Max: 51.21
Q3: 28.90
Median: 17.98
Q1: 11.53
Min: 1.64
LYV: --

Alphabet (GOOGL) vs. Live Nation Entertainment (LYV): LYV does not report P/E ratio, so it has no value marker; GOOGL is benchmarked against the Media & Entertainment industry group.

P/S Ratio (TTM)

Live Nation Entertainment (LYV) at 1.48 is priced about in line with its industry on P/S ratio, while Alphabet (GOOGL) at 7.43 sits in the pricier quartile — GOOGL costs more per dollar of sales.

GOOGL

Media & Entertainment industry group

7.43

GOOGL: 7.43
Max: 7.43
Q3: 3.82
Median: 1.40
Q1: 0.70
Min: 0.00

LYV

Media & Entertainment industry group

1.48

Max: 7.43
Q3: 3.82
LYV: 1.48
Median: 1.40
Q1: 0.70
Min: 0.00

Alphabet (GOOGL) vs. Live Nation Entertainment (LYV): A comparison of their P/S ratio against the Media & Entertainment industry group benchmark.

P/B Ratio (MRQ)

Both look rich against book: Alphabet (GOOGL) at 5.31 sits in the upper P/B ratio quartile, and Live Nation Entertainment (LYV) at 88.69 prices even higher, above its industry range.

GOOGL

Media & Entertainment industry group

5.31

Max: 11.45
GOOGL: 5.31
Q3: 5.30
Median: 1.84
Q1: 0.77
Min: -2.61

LYV

Media & Entertainment industry group

88.69

LYV: 88.69
Max: 11.45
Q3: 5.30
Median: 1.84
Q1: 0.77
Min: -2.61

Alphabet (GOOGL) vs. Live Nation Entertainment (LYV): A comparison of their P/B ratio against the Media & Entertainment industry group benchmark.

Valuation Metrics

Valuation metrics for Alphabet (GOOGL) and Live Nation Entertainment (LYV)
Metric	GOOGL	LYV
P/E Ratio (TTM)	14.87	--
P/S Ratio (TTM)	7.43	1.48
P/B Ratio (MRQ)	5.31	88.69
Free Cash Flow Yield (TTM)	-0.03%	3.10%