# LYV · Live Nation Entertainment, Inc. Snapshot 2026-10-26 · CIK 0001335258 · NYSE · Services-Amusement & Recreation Services Price 173.44 (2026-10-23, Alpaca Market Data (consolidated SIP daily bar)) · Market cap 40.87 B Machine-readable: https://theclaudetrader.com/s/LYV.json · index: https://theclaudetrader.com/llms.txt ## Scores ### Graham Defensive: 15.5 (partial: 5, 6) · complete: False · missing tests: 5, 6 · current inputs as of 2025-12-31 · stale inputs: Revenue · history 2016–2025 · price 2026-10-23 · verification {'verified': 0, 'mismatch': 0, 'unverified': 18, 'not_cross_checked': 2} · computed 2026-10-26 · rules https://theclaudetrader.com/p/graham - 1 Adequate size: 25.2 revenue $B · threshold >= 1 · points 5.0/5 - 2a Current ratio: 0.85 · threshold >= 2.0 · points 0.0/15 - 2b Long-term debt vs working capital: None LTD / WC · threshold <= 1.0 · points 0.0/15 - 3 Positive earnings each of 10 years: 7 of 10 · threshold 10 of 10 · points 10.5/15 - 4 Dividends every year for 20 years: 0 of 20 · threshold 20 of 20 · points 0.0/15 - 5 EPS growth, 3-yr avg now vs 10 yrs ago: None · threshold >= +33% · points None/10 - 6 P/E on 3-year average EPS: None · threshold <= 15 · points None/15 - 7 P/B <= 1.5, or P/E x P/B <= 22.5: P/B 496.40 · threshold <= 1.5 or <= 22.5 · points 0.0/10 Inputs: - Price (close, per traded unit): 173.44 · 2026-10-23 · Alpaca Market Data (consolidated SIP daily bar) · https://docs.alpaca.markets/docs/historical-stock-data-1 - Revenue: 25201406000.0 · 2025-12-31 · SEC XBRL Revenues · https://www.sec.gov/Archives/edgar/data/1335258/000133525826000009/ · unverified - current_assets: 14955649000.0 · 2026-06-30 · SEC XBRL AssetsCurrent · https://www.sec.gov/Archives/edgar/data/1335258/000133525826000035/ · unverified - current_liabilities: 17563255000.0 · 2026-06-30 · SEC XBRL LiabilitiesCurrent · https://www.sec.gov/Archives/edgar/data/1335258/000133525826000035/ · unverified - lt_debt: 6233084000.0 · 2026-06-30 · SEC XBRL LongTermDebtAndCapitalLeaseObligations · https://www.sec.gov/Archives/edgar/data/1335258/000133525826000035/ · unverified - equity: 82330000.0 · 2026-06-30 · SEC XBRL StockholdersEquity · https://www.sec.gov/Archives/edgar/data/1335258/000133525826000035/ · unverified - Net income FY2016: 2942000.0 · 2016-12-31 · SEC XBRL NetIncomeLoss · https://www.sec.gov/Archives/edgar/data/1335258/000133525819000024/ · unverified - Net income FY2017: -6015000.0 · 2017-12-31 · SEC XBRL NetIncomeLoss · https://www.sec.gov/Archives/edgar/data/1335258/000133525820000028/ · unverified - Net income FY2018: 60249000.0 · 2018-12-31 · SEC XBRL NetIncomeLoss · https://www.sec.gov/Archives/edgar/data/1335258/000133525821000009/ · unverified - Net income FY2019: 69889000.0 · 2019-12-31 · SEC XBRL NetIncomeLoss · https://www.sec.gov/Archives/edgar/data/1335258/000133525822000019/ · unverified - Net income FY2020: -1724535000.0 · 2020-12-31 · SEC XBRL NetIncomeLoss · https://www.sec.gov/Archives/edgar/data/1335258/000133525823000014/ · unverified - Net income FY2021: -650904000.0 · 2021-12-31 · SEC XBRL NetIncomeLoss (10-K via companyfacts; frames served proxy 0001193125-26-174146) · https://www.sec.gov/Archives/edgar/data/1335258/000133525824000017/ · unverified - Net income FY2022: 266440000.0 · 2022-12-31 · SEC XBRL NetIncomeLoss (10-K via companyfacts; frames served proxy 0001193125-26-174146) · https://www.sec.gov/Archives/edgar/data/1335258/000133525825000028/ · unverified - Net income FY2023: 556893000.0 · 2023-12-31 · SEC XBRL NetIncomeLoss (10-K via companyfacts; frames served proxy 0001193125-26-174146) · https://www.sec.gov/Archives/edgar/data/1335258/000133525826000009/ · unverified - Net income FY2024: 896287000.0 · 2024-12-31 · SEC XBRL NetIncomeLoss (10-K via companyfacts; frames served proxy 0001193125-26-174146) · https://www.sec.gov/Archives/edgar/data/1335258/000133525826000009/ · unverified - Net income FY2025: 495972000.0 · 2025-12-31 · SEC XBRL NetIncomeLoss (10-K via companyfacts; frames served proxy 0001193125-26-174146) · https://www.sec.gov/Archives/edgar/data/1335258/000133525826000009/ · unverified - Dividend years (Yahoo): [] · · Yahoo Finance dividend history · https://finance.yahoo.com/quote/LYV/history?filter=div · unverified - EPS diluted FY2023: 1.34 · 2023-12-31 · SEC XBRL EarningsPerShareDiluted · https://www.sec.gov/Archives/edgar/data/1335258/000133525826000009/ · unverified - EPS diluted FY2024: 2.74 · 2024-12-31 · SEC XBRL EarningsPerShareDiluted · https://www.sec.gov/Archives/edgar/data/1335258/000133525826000009/ · unverified - Shares outstanding: 235633860.0 · 2026-07-23 · SEC cover page 10-Q 0001335258-26-000035 (235,633,860 shares (single class on cover)); filing document https://www.sec.gov/Archives/edgar/data/1335258/000133525826000035/lyv-20260630.htm · https://www.sec.gov/Archives/edgar/data/1335258/000133525826000035/R1.htm ### Magic Formula: 28.1 (ok) · complete: True · missing tests: none · current inputs as of 2026-03-31 · stale inputs: operating_income_q · history None–None · price 2026-10-23 · verification None · computed 2026-10-26 · rules https://theclaudetrader.com/p/magic_formula - Earnings yield (EBIT/EV): 2.11 % · threshold · points / - Return on capital (EBIT/(NWC+PPE)): 59.07 % · threshold · points / - Combined rank: 245 · threshold · points / Inputs: - operating_income: 1251217000.0 · 2025-12-31 · SEC XBRL OperatingIncomeLoss · https://www.sec.gov/Archives/edgar/data/1335258/000133525826000009/ - operating_income_q: -370516000.0 · 2026-03-31 · SEC XBRL OperatingIncomeLoss (quarter CY2026Q1) · https://www.sec.gov/Archives/edgar/data/1335258/000133525826000019/ - operating_income_q: 114769000.0 · 2025-03-31 · SEC XBRL OperatingIncomeLoss (quarter CY2025Q1) · https://www.sec.gov/Archives/edgar/data/1335258/000133525826000019/ - operating_income_q: 521917000.0 · 2026-06-30 · SEC XBRL OperatingIncomeLoss (quarter CY2026Q2) · https://www.sec.gov/Archives/edgar/data/1335258/000133525826000035/ - operating_income_q: 486653000.0 · 2025-06-30 · SEC XBRL OperatingIncomeLoss (quarter CY2025Q2) · https://www.sec.gov/Archives/edgar/data/1335258/000133525826000035/ - current_assets: 14955649000.0 · 2026-06-30 · SEC XBRL AssetsCurrent · https://www.sec.gov/Archives/edgar/data/1335258/000133525826000035/ - current_liabilities: 17563255000.0 · 2026-06-30 · SEC XBRL LiabilitiesCurrent · https://www.sec.gov/Archives/edgar/data/1335258/000133525826000035/ - cash: 9071949000.0 · 2026-06-30 · SEC XBRL CashAndCashEquivalentsAtCarryingValue · https://www.sec.gov/Archives/edgar/data/1335258/000133525826000035/ - ppe_net: 3963993000.0 · 2026-06-30 · SEC XBRL PropertyPlantAndEquipmentNet · https://www.sec.gov/Archives/edgar/data/1335258/000133525826000035/ - debt_incl_current: 6233084000.0 · 2026-06-30 · SEC XBRL LongTermDebtAndCapitalLeaseObligations · https://www.sec.gov/Archives/edgar/data/1335258/000133525826000035/ - shares_out: 235633860.0 · 2026-07-23 · SEC cover page 10-Q 0001335258-26-000035 (235,633,860 shares (single class on cover)); filing document https://www.sec.gov/Archives/edgar/data/1335258/000133525826000035/lyv-20260630.htm · https://www.sec.gov/Archives/edgar/data/1335258/000133525826000035/R1.htm - Price (close): 173.44 · 2026-10-23 · Yahoo Finance / Alpaca Market Data · - note: debt = LongTermDebt (incl. current maturities) · · · ### Momentum: 65.8 (ok) · complete: True · missing tests: none · current inputs as of 2026-10-23 · stale inputs: none · history None–None · price 2026-10-23 · verification None · computed 2026-10-26 · rules https://theclaudetrader.com/p/momentum - 12-1 month return: 10.2 % · threshold · points 27.8/50 - 6 month return: 13.2 % · threshold · points 14.0/20 - Price / 52-week high: 0.92 · threshold · points 13.8/15 - Volatility penalty (60d annualised): 23.5 % · threshold · points 10.1/15 Inputs: - Adjusted close series (14 months): 173.44 · 2026-10-23 · Yahoo Finance / Alpaca Market Data daily history · ### Insider: 0.0 (ok) · complete: True · missing tests: none · current inputs as of 2026-10-23 · stale inputs: none · history None–None · price None · verification None · computed 2026-10-26 · rules https://theclaudetrader.com/p/insider - Open-market buy value / market cap (percentile among buyers): 0.0 bp · threshold · points 0.0/35 - Distinct buyers: 0 · threshold · points 0.0/25 - Buyer seniority: 0.0 · threshold · points 0.0/20 - Recency (half-life 30d): 0.0 · threshold · points 0.0/10 - Sales penalty (excludes 10b5-1 plan sales): 0.13 bp · threshold · points -2.9/0 Inputs: - Form 4 S Capo Brian 2026-08-24: 533600.0 · 2026-08-24 · SEC Form 4 (insider transactions data set) · https://www.sec.gov/Archives/edgar/data/1335258/000143911526000007/ ### Buffett Quality: 30.5 (partial: 1) · complete: False · missing tests: 1 · current inputs as of 2026-06-30 · stale inputs: none · history 2016–2025 · price 2026-10-23 · verification {'verified': 0, 'mismatch': 0, 'unverified': 31, 'not_cross_checked': 2} · computed 2026-10-26 · rules https://theclaudetrader.com/p/buffett - 1 Average return on equity (net income / year-end equity): 4 years with positive equity · threshold >= 15% · points None/25 - 2 Profitable every year: 7 of 10 · threshold all years · points 10.5/15 - 3 Net income growth, 3-yr average now vs start of window: +65.6% a year · threshold >= +10% · points 10.0/10 - 4 Borrowings / 3-yr average earnings (years to repay): 9.6 years · threshold <= 4 · points 0.0/15 - 5 Operating margin, 5-yr average: 2.2% · threshold >= 20% · points 0.0/10 - 6 Free cash flow / net income, 5-yr (operating cash flow minus capex): 3.48 · threshold >= 1.0 · points 10.0/10 - 7 Owner-earnings yield (3-yr avg free cash flow / market cap): 1.9% · threshold >= 7% · points 0.0/15 Inputs: - Price (close, per traded unit): 173.44 · 2026-10-23 · Alpaca Market Data (consolidated SIP daily bar) · https://docs.alpaca.markets/docs/historical-stock-data-1 - Net income FY2016: 2942000.0 · 2016-12-31 · SEC XBRL NetIncomeLoss · https://www.sec.gov/Archives/edgar/data/1335258/000133525819000024/ · unverified - Net income FY2017: -6015000.0 · 2017-12-31 · SEC XBRL NetIncomeLoss · https://www.sec.gov/Archives/edgar/data/1335258/000133525820000028/ · unverified - Net income FY2018: 60249000.0 · 2018-12-31 · SEC XBRL NetIncomeLoss · https://www.sec.gov/Archives/edgar/data/1335258/000133525821000009/ · unverified - Net income FY2019: 69889000.0 · 2019-12-31 · SEC XBRL NetIncomeLoss · https://www.sec.gov/Archives/edgar/data/1335258/000133525822000019/ · unverified - Net income FY2020: -1724535000.0 · 2020-12-31 · SEC XBRL NetIncomeLoss · https://www.sec.gov/Archives/edgar/data/1335258/000133525823000014/ · unverified - Net income FY2021: -650904000.0 · 2021-12-31 · SEC XBRL NetIncomeLoss (10-K via companyfacts; frames served proxy 0001193125-26-174146) · https://www.sec.gov/Archives/edgar/data/1335258/000133525824000017/ · unverified - Net income FY2022: 266440000.0 · 2022-12-31 · SEC XBRL NetIncomeLoss (10-K via companyfacts; frames served proxy 0001193125-26-174146) · https://www.sec.gov/Archives/edgar/data/1335258/000133525825000028/ · unverified - Net income FY2023: 556893000.0 · 2023-12-31 · SEC XBRL NetIncomeLoss (10-K via companyfacts; frames served proxy 0001193125-26-174146) · https://www.sec.gov/Archives/edgar/data/1335258/000133525826000009/ · unverified - Net income FY2024: 896287000.0 · 2024-12-31 · SEC XBRL NetIncomeLoss (10-K via companyfacts; frames served proxy 0001193125-26-174146) · https://www.sec.gov/Archives/edgar/data/1335258/000133525826000009/ · unverified - Net income FY2025: 495972000.0 · 2025-12-31 · SEC XBRL NetIncomeLoss (10-K via companyfacts; frames served proxy 0001193125-26-174146) · https://www.sec.gov/Archives/edgar/data/1335258/000133525826000009/ · unverified - debt_incl_current: 6233084000.0 · 2026-06-30 · SEC XBRL LongTermDebtAndCapitalLeaseObligations · https://www.sec.gov/Archives/edgar/data/1335258/000133525826000035/ · unverified - Operating income FY2021: -417858000.0 · 2021-12-31 · SEC XBRL OperatingIncomeLoss · https://www.sec.gov/Archives/edgar/data/1335258/000133525824000017/ · unverified - Revenue FY2021: 6268447000.0 · 2021-12-31 · SEC XBRL Revenues · https://www.sec.gov/Archives/edgar/data/1335258/000133525824000017/ · unverified - Operating income FY2022: 722031000.0 · 2022-12-31 · SEC XBRL OperatingIncomeLoss · https://www.sec.gov/Archives/edgar/data/1335258/000133525825000028/ · unverified - Revenue FY2022: 16681254000.0 · 2022-12-31 · SEC XBRL Revenues · https://www.sec.gov/Archives/edgar/data/1335258/000133525825000028/ · unverified - Operating income FY2023: 1084933000.0 · 2023-12-31 · SEC XBRL OperatingIncomeLoss · https://www.sec.gov/Archives/edgar/data/1335258/000133525826000009/ · unverified - Revenue FY2023: 22726317000.0 · 2023-12-31 · SEC XBRL Revenues · https://www.sec.gov/Archives/edgar/data/1335258/000133525826000009/ · unverified - Operating income FY2024: 824510000.0 · 2024-12-31 · SEC XBRL OperatingIncomeLoss · https://www.sec.gov/Archives/edgar/data/1335258/000133525826000009/ · unverified - Revenue FY2024: 23155625000.0 · 2024-12-31 · SEC XBRL Revenues · https://www.sec.gov/Archives/edgar/data/1335258/000133525826000009/ · unverified - Operating income FY2025: 1251217000.0 · 2025-12-31 · SEC XBRL OperatingIncomeLoss · https://www.sec.gov/Archives/edgar/data/1335258/000133525826000009/ · unverified - Revenue FY2025: 25201406000.0 · 2025-12-31 · SEC XBRL Revenues · https://www.sec.gov/Archives/edgar/data/1335258/000133525826000009/ · unverified - Operating cash flow FY2021: 1780568000.0 · 2021-12-31 · SEC XBRL NetCashProvidedByUsedInOperatingActivities · https://www.sec.gov/Archives/edgar/data/1335258/000133525824000017/ · unverified - Capital expenditure FY2021: 152734000.0 · 2021-12-31 · SEC XBRL PaymentsToAcquirePropertyPlantAndEquipment · https://www.sec.gov/Archives/edgar/data/1335258/000133525824000017/ · unverified - Operating cash flow FY2022: 1835047000.0 · 2022-12-31 · SEC XBRL NetCashProvidedByUsedInOperatingActivities · https://www.sec.gov/Archives/edgar/data/1335258/000133525825000028/ · unverified - Capital expenditure FY2022: 347206000.0 · 2022-12-31 · SEC XBRL PaymentsToAcquirePropertyPlantAndEquipment · https://www.sec.gov/Archives/edgar/data/1335258/000133525825000028/ · unverified - Operating cash flow FY2023: 1362974000.0 · 2023-12-31 · SEC XBRL NetCashProvidedByUsedInOperatingActivities · https://www.sec.gov/Archives/edgar/data/1335258/000133525826000009/ · unverified - Capital expenditure FY2023: 438604000.0 · 2023-12-31 · SEC XBRL PaymentsToAcquirePropertyPlantAndEquipment · https://www.sec.gov/Archives/edgar/data/1335258/000133525826000009/ · unverified - Operating cash flow FY2024: 1725175000.0 · 2024-12-31 · SEC XBRL NetCashProvidedByUsedInOperatingActivities · https://www.sec.gov/Archives/edgar/data/1335258/000133525826000009/ · unverified - Capital expenditure FY2024: 646634000.0 · 2024-12-31 · SEC XBRL PaymentsToAcquirePropertyPlantAndEquipment · https://www.sec.gov/Archives/edgar/data/1335258/000133525826000009/ · unverified - Operating cash flow FY2025: 1395316000.0 · 2025-12-31 · SEC XBRL NetCashProvidedByUsedInOperatingActivities · https://www.sec.gov/Archives/edgar/data/1335258/000133525826000009/ · unverified - Capital expenditure FY2025: 1061705000.0 · 2025-12-31 · SEC XBRL PaymentsToAcquirePropertyPlantAndEquipment · https://www.sec.gov/Archives/edgar/data/1335258/000133525826000009/ · unverified - Shares outstanding: 235633860.0 · 2026-07-23 · SEC cover page 10-Q 0001335258-26-000035 (235,633,860 shares (single class on cover)); filing document https://www.sec.gov/Archives/edgar/data/1335258/000133525826000035/lyv-20260630.htm · https://www.sec.gov/Archives/edgar/data/1335258/000133525826000035/R1.htm ### Lynch GARP: 9.1 (partial: 1, 2, 3, 5) · complete: False · missing tests: 1, 2, 3, 5 · current inputs as of 2026-06-30 · stale inputs: none · history 2020–2020 · price 2026-10-23 · verification {'verified': 0, 'mismatch': 0, 'unverified': 4, 'not_cross_checked': 1} · computed 2026-10-26 · rules https://theclaudetrader.com/p/lynch - 1 PEG: P/E divided by 5-yr EPS growth (in % points): None · threshold <= 1.0 · points None/30 - 2 EPS growth, 5-yr compound rate: None · threshold 12% to 35% a year · points None/20 - 3 P/E on latest annual EPS: None · threshold <= 25 · points None/10 - 4 Borrowings / equity: 75.71 · threshold <= 0.5 · points 0.0/15 - 5 Years of the last 5 in which EPS rose: None · threshold 5 of 5 · points None/15 - 6 Net cash (cash minus borrowings) / market cap: +6.9% · threshold >= +10% · points 9.1/10 Inputs: - Price (close, per traded unit): 173.44 · 2026-10-23 · Alpaca Market Data (consolidated SIP daily bar) · https://docs.alpaca.markets/docs/historical-stock-data-1 - EPS diluted FY2020: -8.12 · 2020-12-31 · SEC XBRL EarningsPerShareDiluted · https://www.sec.gov/Archives/edgar/data/1335258/000133525823000014/ · unverified - debt_incl_current: 6233084000.0 · 2026-06-30 · SEC XBRL LongTermDebtAndCapitalLeaseObligations · https://www.sec.gov/Archives/edgar/data/1335258/000133525826000035/ · unverified - equity: 82330000.0 · 2026-06-30 · SEC XBRL StockholdersEquity · https://www.sec.gov/Archives/edgar/data/1335258/000133525826000035/ · unverified - cash: 9071949000.0 · 2026-06-30 · SEC XBRL CashAndCashEquivalentsAtCarryingValue · https://www.sec.gov/Archives/edgar/data/1335258/000133525826000035/ · unverified ### Graham Enterprising: 12.0 (partial: 5) · complete: False · missing tests: 5 · current inputs as of 2026-06-30 · stale inputs: none · history 2021–2025 · price 2026-10-23 · verification {'verified': 0, 'mismatch': 0, 'unverified': 8, 'not_cross_checked': 3} · computed 2026-10-26 · rules https://theclaudetrader.com/p/graham_enterprising - 1 Current ratio: 0.85 · threshold >= 1.5 · points 0.0/15 - 2 Borrowings vs working capital: None · threshold <= 1.1x · points 0.0/15 - 3 No earnings deficit in the last 5 years: 4 of 5 profitable · threshold 5 of 5 · points 12.0/15 - 4 Pays a current dividend: no · threshold yes · points 0.0/10 - 5 EPS higher than five years earlier: None · threshold higher · points None/10 - 6 Price / book value per share: 496.4 · threshold <= 1.2 · points 0.0/20 - 7 Price / net current asset value per share (current assets minus all liabilities): None · threshold <= 0.67 · points 0.0/15 Inputs: - Price (close, per traded unit): 173.44 · 2026-10-23 · Alpaca Market Data (consolidated SIP daily bar) · https://docs.alpaca.markets/docs/historical-stock-data-1 - current_assets: 14955649000.0 · 2026-06-30 · SEC XBRL AssetsCurrent · https://www.sec.gov/Archives/edgar/data/1335258/000133525826000035/ · unverified - current_liabilities: 17563255000.0 · 2026-06-30 · SEC XBRL LiabilitiesCurrent · https://www.sec.gov/Archives/edgar/data/1335258/000133525826000035/ · unverified - Net income FY2021: -650904000.0 · 2021-12-31 · SEC XBRL NetIncomeLoss (10-K via companyfacts; frames served proxy 0001193125-26-174146) · https://www.sec.gov/Archives/edgar/data/1335258/000133525824000017/ · unverified - Net income FY2022: 266440000.0 · 2022-12-31 · SEC XBRL NetIncomeLoss (10-K via companyfacts; frames served proxy 0001193125-26-174146) · https://www.sec.gov/Archives/edgar/data/1335258/000133525825000028/ · unverified - Net income FY2023: 556893000.0 · 2023-12-31 · SEC XBRL NetIncomeLoss (10-K via companyfacts; frames served proxy 0001193125-26-174146) · https://www.sec.gov/Archives/edgar/data/1335258/000133525826000009/ · unverified - Net income FY2024: 896287000.0 · 2024-12-31 · SEC XBRL NetIncomeLoss (10-K via companyfacts; frames served proxy 0001193125-26-174146) · https://www.sec.gov/Archives/edgar/data/1335258/000133525826000009/ · unverified - Net income FY2025: 495972000.0 · 2025-12-31 · SEC XBRL NetIncomeLoss (10-K via companyfacts; frames served proxy 0001193125-26-174146) · https://www.sec.gov/Archives/edgar/data/1335258/000133525826000009/ · unverified - Dividend years (Yahoo): [] · · Yahoo Finance dividend history · https://finance.yahoo.com/quote/LYV/history?filter=div - equity: 82330000.0 · 2026-06-30 · SEC XBRL StockholdersEquity · https://www.sec.gov/Archives/edgar/data/1335258/000133525826000035/ · unverified - Shares outstanding: 235633860.0 · 2026-07-23 · SEC cover page 10-Q 0001335258-26-000035 (235,633,860 shares (single class on cover)); filing document https://www.sec.gov/Archives/edgar/data/1335258/000133525826000035/lyv-20260630.htm · https://www.sec.gov/Archives/edgar/data/1335258/000133525826000035/R1.htm ### Piotroski F-Score: 66.7 (ok) · complete: True · missing tests: none · current inputs as of None · stale inputs: none · history 2024–2026 · price None · verification {'verified': 0, 'mismatch': 0, 'unverified': 27, 'not_cross_checked': 0} · computed 2026-10-26 · rules https://theclaudetrader.com/p/piotroski - 1 Return on assets is positive: 2.2% · threshold pass = 1 · points 11.11111111111111/11.11111111111111 - 2 Operating cash flow is positive: 1,395M · threshold pass = 1 · points 11.11111111111111/11.11111111111111 - 3 Return on assets improved on the prior year: 4.6% -> 2.2% · threshold pass = 1 · points 0.0/11.11111111111111 - 4 Operating cash flow exceeds net income (accruals): 1,395M vs 496M · threshold pass = 1 · points 11.11111111111111/11.11111111111111 - 5 Long-term debt / assets fell: 31.5% -> 33.2% · threshold pass = 1 · points 0.0/11.11111111111111 - 6 Current ratio improved: 0.99 -> 1.00 · threshold pass = 1 · points 11.11111111111111/11.11111111111111 - 7 No new shares issued (share count did not rise): 234M -> 236M · threshold pass = 1 · points 11.11111111111111/11.11111111111111 - 8 Operating margin improved (stand-in for gross margin, which the dataset does not carry): 3.6% -> 5.0% · threshold pass = 1 · points 11.11111111111111/11.11111111111111 - 9 Asset turnover (revenue / assets) improved: 1.18 -> 1.10 · threshold pass = 1 · points 0.0/11.11111111111111 Inputs: - net_income 2025-12-31: 495972000.0 · 2025-12-31 · SEC XBRL NetIncomeLoss (10-K via companyfacts; frames served proxy 0001193125-26-174146) · https://www.sec.gov/Archives/edgar/data/1335258/000133525826000009/ · unverified - total_assets 2025-12-31: 22912533000.0 · 2025-12-31 · SEC XBRL Assets · https://www.sec.gov/Archives/edgar/data/1335258/000133525826000035/ · unverified - cfo 2025-12-31: 1395316000.0 · 2025-12-31 · SEC XBRL NetCashProvidedByUsedInOperatingActivities · https://www.sec.gov/Archives/edgar/data/1335258/000133525826000009/ · unverified - net_income 2025-12-31: 495972000.0 · 2025-12-31 · SEC XBRL NetIncomeLoss (10-K via companyfacts; frames served proxy 0001193125-26-174146) · https://www.sec.gov/Archives/edgar/data/1335258/000133525826000009/ · unverified - net_income 2024-12-31: 896287000.0 · 2024-12-31 · SEC XBRL NetIncomeLoss (10-K via companyfacts; frames served proxy 0001193125-26-174146) · https://www.sec.gov/Archives/edgar/data/1335258/000133525826000009/ · unverified - total_assets 2025-12-31: 22912533000.0 · 2025-12-31 · SEC XBRL Assets · https://www.sec.gov/Archives/edgar/data/1335258/000133525826000035/ · unverified - total_assets 2024-12-31: 19638771000.0 · 2024-12-31 · SEC XBRL Assets · https://www.sec.gov/Archives/edgar/data/1335258/000133525826000009/ · unverified - cfo 2025-12-31: 1395316000.0 · 2025-12-31 · SEC XBRL NetCashProvidedByUsedInOperatingActivities · https://www.sec.gov/Archives/edgar/data/1335258/000133525826000009/ · unverified - net_income 2025-12-31: 495972000.0 · 2025-12-31 · SEC XBRL NetIncomeLoss (10-K via companyfacts; frames served proxy 0001193125-26-174146) · https://www.sec.gov/Archives/edgar/data/1335258/000133525826000009/ · unverified - lt_debt 2025-12-31: 7612018000.0 · 2025-12-31 · SEC XBRL LongTermDebtAndCapitalLeaseObligations · https://www.sec.gov/Archives/edgar/data/1335258/000133525826000035/ · unverified - lt_debt 2024-12-31: 6177168000.0 · 2024-12-31 · SEC XBRL LongTermDebtAndCapitalLeaseObligations · https://www.sec.gov/Archives/edgar/data/1335258/000133525826000009/ · unverified - total_assets 2025-12-31: 22912533000.0 · 2025-12-31 · SEC XBRL Assets · https://www.sec.gov/Archives/edgar/data/1335258/000133525826000035/ · unverified - total_assets 2024-12-31: 19638771000.0 · 2024-12-31 · SEC XBRL Assets · https://www.sec.gov/Archives/edgar/data/1335258/000133525826000009/ · unverified - current_assets 2025-12-31: 10974392000.0 · 2025-12-31 · SEC XBRL AssetsCurrent · https://www.sec.gov/Archives/edgar/data/1335258/000133525826000035/ · unverified - current_assets 2024-12-31: 9290137000.0 · 2024-12-31 · SEC XBRL AssetsCurrent · https://www.sec.gov/Archives/edgar/data/1335258/000133525826000009/ · unverified - current_liabilities 2025-12-31: 11028850000.0 · 2025-12-31 · SEC XBRL LiabilitiesCurrent · https://www.sec.gov/Archives/edgar/data/1335258/000133525826000035/ · unverified - current_liabilities 2024-12-31: 9358279000.0 · 2024-12-31 · SEC XBRL LiabilitiesCurrent · https://www.sec.gov/Archives/edgar/data/1335258/000133525826000009/ · unverified - shares_out 2026-07-23: 235633860.0 · 2026-07-23 · SEC XBRL EntityCommonStockSharesOutstanding · https://www.sec.gov/Archives/edgar/data/1335258/000133525826000035/ · unverified - shares_out 2025-07-31: 234472727.0 · 2025-07-31 · SEC XBRL EntityCommonStockSharesOutstanding · https://www.sec.gov/Archives/edgar/data/1335258/000133525825000129/ · unverified - operating_income 2025-12-31: 1251217000.0 · 2025-12-31 · SEC XBRL OperatingIncomeLoss · https://www.sec.gov/Archives/edgar/data/1335258/000133525826000009/ · unverified - operating_income 2024-12-31: 824510000.0 · 2024-12-31 · SEC XBRL OperatingIncomeLoss · https://www.sec.gov/Archives/edgar/data/1335258/000133525826000009/ · unverified - revenue 2025-12-31: 25201406000.0 · 2025-12-31 · SEC XBRL Revenues · https://www.sec.gov/Archives/edgar/data/1335258/000133525826000009/ · unverified - revenue 2024-12-31: 23155625000.0 · 2024-12-31 · SEC XBRL Revenues · https://www.sec.gov/Archives/edgar/data/1335258/000133525826000009/ · unverified - revenue 2025-12-31: 25201406000.0 · 2025-12-31 · SEC XBRL Revenues · https://www.sec.gov/Archives/edgar/data/1335258/000133525826000009/ · unverified - revenue 2024-12-31: 23155625000.0 · 2024-12-31 · SEC XBRL Revenues · https://www.sec.gov/Archives/edgar/data/1335258/000133525826000009/ · unverified - total_assets 2025-12-31: 22912533000.0 · 2025-12-31 · SEC XBRL Assets · https://www.sec.gov/Archives/edgar/data/1335258/000133525826000035/ · unverified - total_assets 2024-12-31: 19638771000.0 · 2024-12-31 · SEC XBRL Assets · https://www.sec.gov/Archives/edgar/data/1335258/000133525826000009/ · unverified ## Market value, source trail - Formula: market_value = traded_price (price date) / depositary_ratio x latest point-in-time SEC shares outstanding (share-count date shown; from the filing cover page, summed across share classes only where the issuer filing verifies the classes are economically equivalent (rule + evidence URL in the source text), else withheld; priced at the primary listed class, so where other classes trade at a different price the value is an approximation; restated only for issuer-verified splits after the count date); weighted-average share counts are never used - Traded price: 173.44 on 2026-10-23 (USD per traded unit (share or ADS)) · https://docs.alpaca.markets/docs/historical-stock-data-1 - SEC shares outstanding: 235,633,860 underlying shares, period 2026-07-23, SEC cover page 10-Q 0001335258-26-000035 (235,633,860 shares (single class on cover)); filing document https://www.sec.gov/Archives/edgar/data/1335258/000133525826000035/lyv-20260630.htm, accession 0001335258-26-000035 · https://www.sec.gov/Archives/edgar/data/1335258/000133525826000035/R1.htm - Depositary ratio: 1.0 (domestic; 10-K filer; SEC shares are the traded units) · None - Market value (price date x latest reported shares): 40,868,336,678 USD; 173.44 (price 2026-10-23) / 1 x 235,633,860 (shares at 2026-07-23) = 40,868,336,678 ## Revenue by fiscal year (SEC XBRL; FY = calendar year in which the fiscal year ends) - FY2013 (ended 2013-12-31): 6478547000.0 · https://www.sec.gov/Archives/edgar/data/1335258/000133525816000167/ - FY2014 (ended 2014-12-31): 6866964000.0 · https://www.sec.gov/Archives/edgar/data/1335258/000133525817000031/ - FY2015 (ended 2015-12-31): 7245731000.0 · https://www.sec.gov/Archives/edgar/data/1335258/000133525818000023/ - FY2016 (ended 2016-12-31): 7826336000.0 · https://www.sec.gov/Archives/edgar/data/1335258/000133525819000024/ - FY2017 (ended 2017-12-31): 9687222000.0 · https://www.sec.gov/Archives/edgar/data/1335258/000133525820000028/ - FY2018 (ended 2018-12-31): 10787800000.0 · https://www.sec.gov/Archives/edgar/data/1335258/000133525821000009/ - FY2019 (ended 2019-12-31): 11547969000.0 · https://www.sec.gov/Archives/edgar/data/1335258/000133525822000019/ - FY2020 (ended 2020-12-31): 1861178000.0 · https://www.sec.gov/Archives/edgar/data/1335258/000133525823000014/ - FY2021 (ended 2021-12-31): 6268447000.0 · https://www.sec.gov/Archives/edgar/data/1335258/000133525824000017/ - FY2022 (ended 2022-12-31): 16681254000.0 · https://www.sec.gov/Archives/edgar/data/1335258/000133525825000028/ - FY2023 (ended 2023-12-31): 22726317000.0 · https://www.sec.gov/Archives/edgar/data/1335258/000133525826000009/ - FY2024 (ended 2024-12-31): 23155625000.0 · https://www.sec.gov/Archives/edgar/data/1335258/000133525826000009/ - FY2025 (ended 2025-12-31): 25201406000.0 · https://www.sec.gov/Archives/edgar/data/1335258/000133525826000009/ ## Net income by fiscal year (SEC XBRL) - FY2013 (ended 2013-12-31): -43378000.0 · https://www.sec.gov/Archives/edgar/data/1335258/000133525816000167/ - FY2014 (ended 2014-12-31): -90807000.0 · https://www.sec.gov/Archives/edgar/data/1335258/000133525817000031/ - FY2015 (ended 2015-12-31): -32508000.0 · https://www.sec.gov/Archives/edgar/data/1335258/000133525818000023/ - FY2016 (ended 2016-12-31): 2942000.0 · https://www.sec.gov/Archives/edgar/data/1335258/000133525819000024/ - FY2017 (ended 2017-12-31): -6015000.0 · https://www.sec.gov/Archives/edgar/data/1335258/000133525820000028/ - FY2018 (ended 2018-12-31): 60249000.0 · https://www.sec.gov/Archives/edgar/data/1335258/000133525821000009/ - FY2019 (ended 2019-12-31): 69889000.0 · https://www.sec.gov/Archives/edgar/data/1335258/000133525822000019/ - FY2020 (ended 2020-12-31): -1724535000.0 · https://www.sec.gov/Archives/edgar/data/1335258/000133525823000014/ - FY2021 (ended 2021-12-31): -650904000.0 · https://www.sec.gov/Archives/edgar/data/1335258/000133525824000017/ - FY2022 (ended 2022-12-31): 266440000.0 · https://www.sec.gov/Archives/edgar/data/1335258/000133525825000028/ - FY2023 (ended 2023-12-31): 556893000.0 · https://www.sec.gov/Archives/edgar/data/1335258/000133525826000009/ - FY2024 (ended 2024-12-31): 896287000.0 · https://www.sec.gov/Archives/edgar/data/1335258/000133525826000009/ - FY2025 (ended 2025-12-31): 495972000.0 · https://www.sec.gov/Archives/edgar/data/1335258/000133525826000009/ ## EPS diluted by fiscal year (split-adjusted to today's share basis; as filed in brackets) - FY2020 (ended 2020-12-31): -8.12 [filed -8.12, split factor 1.0] - FY2021 (ended 2021-12-31): -3.09 [filed -3.09, split factor 1.0] - FY2022 (ended 2022-12-31): 0.52 [filed 0.52, split factor 1.0] - FY2023 (ended 2023-12-31): 1.34 [filed 1.34, split factor 1.0] - FY2024 (ended 2024-12-31): 2.74 [filed 2.74, split factor 1.0] - FY2025 (ended 2025-12-31): -0.24 [filed -0.24, split factor 1.0] ## Dividend years (Yahoo history) none ## Insider transactions (SEC Form 4 data set, latest 40) - 2026-08-24 S Capo Brian (officer) 2900 @ 184.00 = 533600 · https://www.sec.gov/Archives/edgar/data/1335258/000143911526000007/ - 2026-06-15 S HINSON JEFFREY T. (director) 2115 @ 175.00 = 370125 · https://www.sec.gov/Archives/edgar/data/1335258/000124825126000007/ - 2026-05-08 S Rowles Michael (officer) 37658 @ 163.07 = 6140890 · https://www.sec.gov/Archives/edgar/data/1335258/000135677126000006/ - 2026-05-08 S Rowles Michael (officer) 5713 @ 166.36 = 950415 · https://www.sec.gov/Archives/edgar/data/1335258/000135677126000006/ - 2026-05-08 S Rowles Michael (officer) 16757 @ 165.98 = 2781327 · https://www.sec.gov/Archives/edgar/data/1335258/000135677126000006/ - 2026-05-08 S Rowles Michael (officer) 3648 @ 164.96 = 601774 · https://www.sec.gov/Archives/edgar/data/1335258/000135677126000006/ - 2026-05-07 S Hopmans John (officer) 4753 @ 167.41 = 795700 · https://www.sec.gov/Archives/edgar/data/1335258/000187054326000007/ - 2026-05-07 S Hopmans John (officer) 5978 @ 166.78 = 997011 · https://www.sec.gov/Archives/edgar/data/1335258/000187054326000007/ - 2026-05-07 S Hopmans John (officer) 3620 @ 166.19 = 601608 · https://www.sec.gov/Archives/edgar/data/1335258/000187054326000007/ - 2026-05-07 S Hopmans John (officer) 46991 @ 166.60 = 7828701 · https://www.sec.gov/Archives/edgar/data/1335258/000187054326000007/ - 2026-05-07 S Hopmans John (officer) 12796 @ 165.81 = 2121705 · https://www.sec.gov/Archives/edgar/data/1335258/000187054326000007/ - 2026-05-07 S Hopmans John (officer) 18940 @ 164.37 = 3113168 · https://www.sec.gov/Archives/edgar/data/1335258/000187054326000007/ ## Links - sec_filings: https://www.sec.gov/edgar/browse/?CIK=0001335258 - sec_xbrl_companyfacts: https://data.sec.gov/api/xbrl/companyfacts/CIK0001335258.json - sec_form4: https://www.sec.gov/cgi-bin/browse-edgar?action=getcompany&CIK=0001335258&type=4 - sec_8k: https://www.sec.gov/cgi-bin/browse-edgar?action=getcompany&CIK=0001335258&type=8-K - yahoo: https://finance.yahoo.com/quote/LYV - stooq: https://stooq.com/q/d/?s=lyv.us - morningstar (link only, nothing stored): https://www.morningstar.com/search?query=LYV - finviz (link only, nothing stored): https://finviz.com/quote.ashx?t=LYV - stockanalysis (link only, nothing stored): https://stockanalysis.com/stocks/lyv/ - seeking_alpha (link only, nothing stored): https://seekingalpha.com/symbol/LYV - openinsider (link only, nothing stored): http://openinsider.com/search?q=LYV - google_news (link only, nothing stored): https://news.google.com/rss/search?q=LYV+stock Cite as: The Claude Trader snapshot 2026-10-26, https://theclaudetrader.com/s/LYV; data from SEC EDGAR XBRL and market prices (Alpaca Market Data, Yahoo Finance) to 2026-10-23. Scores are deterministic rule outputs from public filings. fair_value_model is a labelled model estimate from the same filings (method at /fair-value), not an opinion or recommendation.