| Summarized financial information |
Consolidated Balance Sheets
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December 31, |
​ |
​ |
ÌýÌýÌýÌý |
2024 |
ÌýÌýÌýÌý |
2023 |
ÌýÌýÌýÌý |
|
​ |
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amounts in millions |
​ |
Current assets |
​ |
$ |
9,290 |
Ìý |
9,533 |
Ìý |
Property, plant and equipment, net |
​ |
Ìý |
2,442 |
Ìý |
2,101 |
Ìý |
Intangible assets |
​ |
​ |
1,366 |
​ |
1,539 |
​ |
Goodwill |
​ |
Ìý |
2,621 |
Ìý |
2,691 |
Ìý |
Other assets |
​ |
​ |
3,920 |
​ |
3,166 |
​ |
Total assets |
​ |
$ |
19,639 |
Ìý |
19,030 |
Ìý |
​ |
​ |
​ |
​ |
​ |
​ |
​ |
Current liabilities |
​ |
$ |
9,358 |
​ |
9,984 |
​ |
Long-term debt, net |
​ |
​ |
6,177 |
​ |
5,459 |
​ |
Other liabilities |
​ |
​ |
2,159 |
​ |
2,175 |
​ |
Redeemable noncontrolling interests |
​ |
​ |
1,126 |
​ |
860 |
​ |
Equity |
​ |
​ |
819 |
​ |
552 |
​ |
Total liabilities and equity |
​ |
$ |
19,639 |
​ |
19,030 |
​ |
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Consolidated Statements of Operations
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YearsÌýendedÌýDecemberÌý31, |
​ |
​ |
​ |
2024 |
ÌýÌýÌýÌý |
2023 |
ÌýÌýÌýÌý |
2022 |
​ |
|
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amounts in millions |
​ |
Revenue |
​ |
$ |
23,156 |
Ìý |
22,726 |
Ìý |
16,681 |
​ |
Operating expenses: |
​ |
Ìý |
​ |
​ |
​ |
​ |
​ |
​ |
Direct operating expenses |
​ |
​ |
17,328 |
​ |
17,251 |
​ |
12,348 |
​ |
Selling, general and administrative expenses |
​ |
Ìý |
4,096 |
Ìý |
3,557 |
Ìý |
2,956 |
​ |
Depreciation and amortization |
​ |
​ |
550 |
​ |
517 |
​ |
450 |
​ |
Other operating expenses |
​ |
​ |
357 |
​ |
316 |
​ |
205 |
​ |
​ |
​ |
​ |
22,331 |
Ìý |
21,641 |
Ìý |
15,959 |
​ |
Operating income (loss) |
​ |
​ |
825 |
​ |
1,085 |
​ |
722 |
​ |
Interest expense |
​ |
​ |
(326) |
​ |
(350) |
​ |
(278) |
​ |
Other income (expense), net |
​ |
​ |
240 |
​ |
178 |
​ |
46 |
​ |
Earnings (loss) before income taxes |
​ |
​ |
739 |
​ |
913 |
​ |
490 |
​ |
Income tax (expense) benefit |
​ |
​ |
392 |
​ |
(209) |
​ |
(116) |
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Net earnings (loss) |
​ |
​ |
1,131 |
​ |
704 |
​ |
374 |
​ |
Less net earnings (loss) attributable to noncontrolling interests |
​ |
​ |
235 |
​ |
147 |
​ |
108 |
​ |
Net earnings (loss) attributable to Live Nation stockholders |
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$ |
896 |
​ |
557 |
​ |
266 |
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​
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