earnings
confidence high
sentiment positive
materiality 0.80
Live Nation reports record 2022 revenue of $16.7B, up 44% vs 2019; 2023 outlook strong
Live Nation Entertainment, Inc.
2022-FY EPS reported
$0.64
revenue$16,681,254,000
- Revenue $16.7B (+44% vs 2019); operating income $732M (+125%); AOI over $1.4B (+49%).
- Concert attendance 121M fans (+24%); ticketing fee-bearing GTV $27.5B (+54%); sponsorship ~$1B (+64%).
- Adjusted free cash flow $967M, converting 69% of AOI; operating free cash flow $1.8B (3.9x vs 2019).
- 2023 outlook: deferred revenue $2.7B (+$400M); ticket sales >50M (+20%); ticketing GTV $9.8B (+33%).
- Investment in artists $9.6B (+45%); ancillary per-fan spending up >20% across all venue types.