LYV vs. NTES: Live Nation Entertainment vs. NetEase Stock Comparison

November 11, 2026

How do Live Nation Entertainment (LYV) and NetEase (NTES) 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

Live Nation Entertainment (LYV) and NetEase (NTES) both belong to the Entertainment industry, though LYV is classified under Movies & Entertainment while NTES falls under Interactive Home Entertainment.

Live Nation Entertainment (LYV) trades as ordinary local shares, while NetEase (NTES) trades as an ADR — compare with FX exposure, depositary-program fees, and dividend-withholding-tax differences in mind.

Company profile comparison for Live Nation Entertainment (LYV) and NetEase (NTES)
Profile Item	LYV	NTES
Name	Live Nation Entertainment, Inc.	NetEase, Inc. ADR
Country/Region	United States	China
GICS Sector	Communication Services	Communication Services
GICS Industry Group	Media & Entertainment	Media & Entertainment
GICS Industry	Entertainment	Entertainment
GICS Sub-Industry	Movies & Entertainment	Interactive Home Entertainment
Market Capitalization	41.31 billion USD	82.89 billion USD
Currency	USD	USD
Exchange	NYSE	Nasdaq
Listing Date	December 21, 2005	June 30, 2000
Security Type	Common Stock	ADR

Price Performance

Cumulative Growth

LYV

NTES

GSPC

Live Nation Entertainment (LYV) vs. NetEase (NTES), 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

Loading price history…

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

Calendar-Year Returns

Loading price history…

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

Performance Metrics

Price performance metrics for Live Nation Entertainment (LYV) and NetEase (NTES)
Metric	LYV	NTES
Total Return (1Y)	23.66%	-4.51%
Total Return (3Y, Annualized)	26.35%	7.36%
Total Return (5Y, Annualized)	8.30%	7.47%

Risk Profile

Drawdown History

LYV

NTES

GSPC

Live Nation Entertainment (LYV) vs. NetEase (NTES), 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

Loading price history…

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

Risk Metrics

Risk profile metrics for Live Nation Entertainment (LYV) and NetEase (NTES)
Metric	LYV	NTES
Volatility (1Y, Annualized)	29.09%	33.73%
Beta (5Y)	1.16	0.61
Max Drawdown (5Y)	-48.16%	-51.38%
Avg. Volume (3M)	2.02M	738.35K

Risk-Adjusted Performance

Risk-Return Positioning

LYV and NTES 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 Live Nation Entertainment (LYV) and NetEase (NTES)
Metric	LYV	NTES
Sharpe Ratio (1Y)	0.67	-0.26
Sortino Ratio (1Y)	1.04	-0.39

Profitability

ROE (TTM)

Both Live Nation Entertainment (LYV) at 21.01% and NetEase (NTES) at 20.37% sit in the top peer quartile for ROE, suggesting each generates more profit from shareholders’ equity than typical industry peers.

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%

NTES

Media & Entertainment industry group

20.37%

Max: 49.92%
NTES: 20.37%
Q3: 17.95%
Median: 7.20%
Q1: -4.53%
Min: -26.31%

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

Net Margin (TTM)

NetEase (NTES) at 27.88% retains a top-quartile share of revenue as profit, ahead of Live Nation Entertainment (LYV) at 0.54%, which keeps about the industry-typical share.

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%

NTES

Media & Entertainment industry group

27.88%

Max: 32.91%
NTES: 27.88%
Q3: 11.75%
Median: 5.04%
Q1: -4.17%
Min: -25.14%

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

Operating Margin (TTM)

NetEase (NTES) at 40.16% operates in the top operating margin quartile, ahead of Live Nation Entertainment (LYV) at 8.90%, which runs around its industry’s norm.

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%

NTES

Media & Entertainment industry group

40.16%

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

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

Profitability Metrics

Profitability metrics for Live Nation Entertainment (LYV) and NetEase (NTES)
Metric	LYV	NTES
ROE (TTM)	21.01%	20.37%
ROA (TTM)	3.53%	11.65%
Net Margin (TTM)	0.54%	27.88%
Operating Margin (TTM)	8.90%	40.16%
Gross Margin (TTM)	25.36%	67.15%

Growth

Revenue Growth

Both Live Nation Entertainment (LYV) at 8.83% and NetEase (NTES) at 6.96% land near their industries' usual revenue growth ranges, so top-line momentum looks broadly in line with peers on both sides.

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

EPS Growth

NetEase (NTES) at 14.04% 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.

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

Growth Metrics

Growth metrics for Live Nation Entertainment (LYV) and NetEase (NTES)
Metric	LYV	NTES
Revenue Growth (YoY)	8.83%	6.96%
Revenue Growth (3Y CAGR)	14.74%	5.29%
EPS Growth (YoY)	-108.76%	14.04%
EPS Growth (3Y CAGR)	--	19.31%

Financial Strength

Current Ratio (MRQ)

Live Nation Entertainment (LYV) at 0.95 keeps current ratio within its industry’s typical mid-range, while NetEase (NTES) at 3.45 sits above its industry’s typical mid-range — comfortable liquidity, though possibly with more idle current assets relative to peers.

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

NTES

Media & Entertainment industry group

3.45

Max: 4.69
NTES: 3.45
Q3: 2.53
Median: 1.52
Q1: 0.95
Min: 0.28

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

Debt / Equity (MRQ)

NetEase (NTES) at 0.07 keeps leverage in the lower quartile, while Live Nation Entertainment (LYV) at 5.10 is above its industry debt-to-equity ratio range.

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

NTES

Media & Entertainment industry group

0.07

Max: 3.65
Q3: 1.69
Median: 0.46
Q1: 0.17
NTES: 0.07
Min: 0.00

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

Financial Strength Metrics

Financial strength metrics for Live Nation Entertainment (LYV) and NetEase (NTES)
Metric	LYV	NTES
Current Ratio (MRQ)	0.95	3.45
Debt / Equity (MRQ)	5.10	0.07
Net Debt / EBITDA	1.70	-3.76

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 NetEase (NTES) reports a yield of 3.17%, ranking against industry peers normally.

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%

NTES

Media & Entertainment industry group

3.17%

NTES: 3.17%
Max: 1.33%
Q3: 0.65%
Median: 0.00%
Q1: 0.00%
Min: 0.00%

Live Nation Entertainment (LYV) vs. NetEase (NTES): 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 NetEase (NTES) reports a payout of 41.85%, ranking against industry peers normally.

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%

NTES

Media & Entertainment industry group

41.85%

Max: 71.43%
NTES: 41.85%
Q3: 28.98%
Median: 0.00%
Q1: 0.00%
Min: 0.00%

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

Dividend Metrics

Dividend metrics for Live Nation Entertainment (LYV) and NetEase (NTES)
Metric	LYV	NTES
Dividend Yield (TTM)	0.00%	3.17%
Dividend Payout Ratio (TTM)	0.00%	41.85%

Valuation

P/E Ratio (TTM)

An earnings multiple is available for just one side: NetEase (NTES) trades at 17.98 times trailing earnings, ranked against its peers, while Live Nation Entertainment (LYV) has no P/E ratio this period.

LYV

Media & Entertainment industry group

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

NTES

Media & Entertainment industry group

17.98

Max: 51.21
Q3: 28.90
NTES: 17.98
Median: 17.98
Q1: 11.53
Min: 1.64

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

P/S Ratio (TTM)

On P/S ratio, both Live Nation Entertainment (LYV) at 1.48 and NetEase (NTES) at 0.71 are priced roughly in line with their industries — neither looks cheap nor rich on a sales basis.

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

NTES

Media & Entertainment industry group

0.71

Max: 7.43
Q3: 3.82
Median: 1.40
NTES: 0.71
Q1: 0.70
Min: 0.00

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

P/B Ratio (MRQ)

Measured against book value, both Live Nation Entertainment (LYV) at 88.69 and NetEase (NTES) at 16.57 look expensive — each P/B ratio sits above its industry’s benchmark range.

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

NTES

Media & Entertainment industry group

16.57

NTES: 16.57
Max: 11.45
Q3: 5.30
Median: 1.84
Q1: 0.77
Min: -2.61

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

Valuation Metrics

Valuation metrics for Live Nation Entertainment (LYV) and NetEase (NTES)
Metric	LYV	NTES
P/E Ratio (TTM)	--	17.98
P/S Ratio (TTM)	1.48	0.71
P/B Ratio (MRQ)	88.69	16.57
Free Cash Flow Yield (TTM)	3.10%	39.54%