LYV vs. SPOT: Live Nation Entertainment vs. Spotify Stock Comparison
How do Live Nation Entertainment (LYV) and Spotify (SPOT) 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 Spotify (SPOT) are both classified in the Movies & Entertainment sub-industry within the broader Entertainment industry, placing them in the closest GICS peer bucket.
| Profile Item | LYV | SPOT |
|---|---|---|
| Name | Live Nation Entertainment, Inc. | Spotify Technology S.A. |
| Country/Region | United States | Sweden |
| GICS Sector | Communication Services | Communication Services |
| GICS Industry Group | Media & Entertainment | Media & Entertainment |
| GICS Industry | Entertainment | Entertainment |
| GICS Sub-Industry | Movies & Entertainment | Movies & Entertainment |
| Market Capitalization | 41.31 billion USD | 123.97 billion USD |
| Currency | USD | USD |
| Exchange | NYSE | NYSE |
| Listing Date | December 21, 2005 | April 3, 2018 |
| Security Type | Common Stock | Common Stock |
Price Performance
Cumulative Growth
Trailing Returns
Calendar-Year Returns
Performance Metrics
| Metric | LYV | SPOT |
|---|---|---|
| Total Return (1Y) | 23.66% | -2.62% |
| Total Return (3Y, Annualized) | 26.35% | 52.24% |
| Total Return (5Y, Annualized) | 8.30% | 16.60% |
Risk Profile
Drawdown History
Return Distribution
Risk Metrics
| Metric | LYV | SPOT |
|---|---|---|
| Volatility (1Y, Annualized) | 29.09% | 47.29% |
| Beta (5Y) | 1.16 | 1.45 |
| Max Drawdown (5Y) | -48.16% | -74.68% |
| Avg. Volume (3M) | 2.02M | 1.66M |
Risk-Adjusted Performance
Risk-Return Positioning
Risk-Adjusted Metrics
| Metric | LYV | SPOT |
|---|---|---|
| Sharpe Ratio (1Y) | 0.67 | -0.15 |
| Sortino Ratio (1Y) | 1.04 | -0.22 |
Profitability
ROE (TTM)
Both Live Nation Entertainment (LYV) at 21.01% and Spotify (SPOT) at 35.81% 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%
SPOT
Media & Entertainment industry group
35.81%
- Max
- 49.92%
- SPOT
- 35.81%
- Q3
- 17.95%
- Median
- 7.20%
- Q1
- -4.53%
- Min
- -26.31%
Net Margin (TTM)
Spotify (SPOT) at 15.73% 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%
SPOT
Media & Entertainment industry group
15.73%
- Max
- 32.91%
- SPOT
- 15.73%
- Q3
- 11.75%
- Median
- 5.04%
- Q1
- -4.17%
- Min
- -25.14%
Operating Margin (TTM)
Both Live Nation Entertainment (LYV) at 8.90% and Spotify (SPOT) at 13.52% run core operations about as efficiently as their industries’ norm — neither stands out on operating profitability.
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%
SPOT
Media & Entertainment industry group
13.52%
- Max
- 40.16%
- Q3
- 18.72%
- SPOT
- 13.52%
- Median
- 8.63%
- Q1
- 1.90%
- Min
- -22.08%
Profitability Metrics
| Metric | LYV | SPOT |
|---|---|---|
| ROE (TTM) | 21.01% | 35.81% |
| ROA (TTM) | 3.53% | 11.82% |
| Net Margin (TTM) | 0.54% | 15.73% |
| Operating Margin (TTM) | 8.90% | 13.52% |
| Gross Margin (TTM) | 25.36% | 33.12% |
Growth
Revenue Growth
Both Live Nation Entertainment (LYV) at 8.83% and Spotify (SPOT) at 9.65% land near their industries' usual revenue growth ranges, so top-line momentum looks broadly in line with peers on both sides.
EPS Growth
Spotify (SPOT) at 91.09% sits in the top EPS growth quartile, while Live Nation Entertainment (LYV) at -108.76% is in the bottom quartile, showing a clear gap in earnings momentum.
Growth Metrics
| Metric | LYV | SPOT |
|---|---|---|
| Revenue Growth (YoY) | 8.83% | 9.65% |
| Revenue Growth (3Y CAGR) | 14.74% | 13.59% |
| EPS Growth (YoY) | -108.76% | 91.09% |
| EPS Growth (3Y CAGR) | -- | -- |
Financial Strength
Current Ratio (MRQ)
Both Live Nation Entertainment (LYV) at 0.95 and Spotify (SPOT) at 2.13 carry current ratio within their industries’ typical mid-ranges, suggesting balanced short-term liquidity 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
SPOT
Media & Entertainment industry group
2.13
- Max
- 4.69
- Q3
- 2.53
- SPOT
- 2.13
- Median
- 1.52
- Q1
- 0.95
- Min
- 0.28
Debt / Equity (MRQ)
Spotify (SPOT) at 0.05 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
SPOT
Media & Entertainment industry group
0.05
- Max
- 3.65
- Q3
- 1.69
- Median
- 0.46
- Q1
- 0.17
- SPOT
- 0.05
- Min
- 0.00
Financial Strength Metrics
| Metric | LYV | SPOT |
|---|---|---|
| Current Ratio (MRQ) | 0.95 | 2.13 |
| Debt / Equity (MRQ) | 5.10 | 0.05 |
| Net Debt / EBITDA | 1.70 | -2.40 |
Dividends
Dividend Yield (TTM)
Neither Live Nation Entertainment (LYV) nor Spotify (SPOT) pays a dividend this period — they may reinvest, use buybacks, or simply not return cash through dividends.
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%
SPOT
Media & Entertainment industry group
0.00%
- Max
- 1.33%
- Q3
- 0.65%
- SPOT
- 0.00%
- Median
- 0.00%
- Q1
- 0.00%
- Min
- 0.00%
Dividend Payout Ratio (TTM)
Neither Live Nation Entertainment (LYV) nor Spotify (SPOT) pays a dividend this period — they may reinvest, use buybacks, or simply not return cash through dividends.
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%
SPOT
Media & Entertainment industry group
0.00%
- Max
- 71.43%
- Q3
- 28.98%
- SPOT
- 0.00%
- Median
- 0.00%
- Q1
- 0.00%
- Min
- 0.00%
Dividend Metrics
| Metric | LYV | SPOT |
|---|---|---|
| Dividend Yield (TTM) | 0.00% | 0.00% |
| Dividend Payout Ratio (TTM) | 0.00% | 0.00% |
Valuation
P/E Ratio (TTM)
An earnings multiple is available for just one side: Spotify (SPOT) trades at 36.75 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
- --
SPOT
Media & Entertainment industry group
36.75
- Max
- 51.21
- SPOT
- 36.75
- Q3
- 28.90
- Median
- 17.98
- Q1
- 11.53
- Min
- 1.64
P/S Ratio (TTM)
Live Nation Entertainment (LYV) at 1.48 is priced about in line with its industry on P/S ratio, while Spotify (SPOT) at 6.59 sits in the pricier quartile — SPOT costs more per dollar of sales.
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
SPOT
Media & Entertainment industry group
6.59
- Max
- 7.43
- SPOT
- 6.59
- Q3
- 3.82
- Median
- 1.40
- Q1
- 0.70
- Min
- 0.00
P/B Ratio (MRQ)
Measured against book value, both Live Nation Entertainment (LYV) at 88.69 and Spotify (SPOT) at 12.62 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
SPOT
Media & Entertainment industry group
12.62
- SPOT
- 12.62
- Max
- 11.45
- Q3
- 5.30
- Median
- 1.84
- Q1
- 0.77
- Min
- -2.61
Valuation Metrics
| Metric | LYV | SPOT |
|---|---|---|
| P/E Ratio (TTM) | -- | 36.75 |
| P/S Ratio (TTM) | 1.48 | 6.59 |
| P/B Ratio (MRQ) | 88.69 | 12.62 |
| Free Cash Flow Yield (TTM) | 3.10% | 1.15% |