Live Nation Entertainment vs Netflix
Add, change or remove companies; up to four.
KIRA’s take AI analyst
I put Live Nation Entertainment and Netflix side by side, using each one’s latest annual report. Here is what stands out:
- Netflix is the larger business, with $45.2B of revenue in fiscal 2025 against $25.2B for Live Nation Entertainment, about 1.8 times as much.
- Netflix grew revenue faster (15.9%, against 8.8%).
- Netflix kept more of each dollar of sales as operating profit (29.5% operating margin, against 5.0%).
- Netflix turned more of its sales into free cash flow (20.9% FCF margin, against 1.3%).
Who comes out ahead
Of the 8 measures where higher (or lower) is clearly better, how many each company leads.
Live Nation Entertainment
LYV
2/8
5-year growthShare count change
Netflix
NFLX
6/8
Revenue growthOperating marginNet marginFCF marginPiotroski F-scoreNet debt / EBITDA
Side by side
Best in the row
| Latest fiscal year | LYV FY25 | NFLX FY25 |
|---|---|---|
| Size | ||
| Market cap | $42.1B | $268.1B |
| Revenue | $25.2B | $45.2B |
| Free cash flow | $334M | $9.5B |
| Net income | $496M | $11.0B |
| Growth | ||
| Revenue growth | 8.8% | 15.9% |
| 5-year growth | 68.4% | 12.6% |
| Share count change | −1.9% | −1.1% |
| Profitability | ||
| Gross margin | — | 48.5% |
| Operating margin | 5.0% | 29.5% |
| Net margin | 2.0% | 24.3% |
| FCF margin | 1.3% | 20.9% |
| Return on capital | — | 36.7% |
| Return on equity | — | 42.8% |
| Balance sheet | ||
| Net debt | $1.1B | $5.4B |
| Net debt / EBITDA | 0.6x | 0.4x |
| Dividends and buybacks | $23.5M | $9.1B |
| Valuation & quality | ||
| P/E | — | 18.5x |
| Piotroski F-score | 6 | 7 |
Ten years
Revenue
Operating margin
Free cash flow
Return on capital
Each company's latest fiscal year; fiscal years end in different months. The best value in each row is highlighted where higher (or lower) is clearly better. Not investment advice.