Live Nation Entertainment, Inc.

Services-Amusement & Recreation Services·BEVERLY HILLS, CA·FY end 12/31·CIK 1335258

CEO Pay Ratio

976:1

Michael Rapino

CEO Total Comp

$32.6M

Michael Rapino

Median Employee

$33,360

Revenue

$25.2B

FY 2025

Net Income

$496.0M

FY 2025

Free Cash Flow

$333.6M

FY 2025

Net Margin

2.0%

Insider Net (180d)

-$156.6K

0 buys / 1 sales

CEO Pay Accountability

CEO comp as % of net income

6.56%

For every $1,000 of profit, $65.63 flows to the CEO.

CEO comp as % of buybacks

138.34%

CEO comp equals 1383.4‰ of cash returned to shareholders via buybacks.

5-year history · USD

Metric	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021	Trend
Revenue	$25.2B	$23.2B	$22.7B	$16.7B	$6.3B
Gross Profit	—	—	—	—	—	—
Operating Income	$1.3B	$465.8M	$1.1B	$732.1M	-$417.9M
Net Income	$496.0M	$298.0M	$563.3M	$296.0M	-$650.9M
Operating CF	$1.4B	$1.7B	$1.4B	$1.8B	$1.8B
Capex	$1.1B	$646.6M	$438.6M	$347.2M	$152.7M
Free Cash Flow	$333.6M	$1.1B	$932.2M	$1.5B	$1.6B
Buybacks	$23.5M	—	—	—	—	—
Dividends	—	—	—	—	—	—

Gross Margin	—	—	—	—	—	—
Operating Margin	5.0%	2.0%	4.7%	4.4%	-6.7%
Net Margin	2.0%	1.3%	2.5%	1.8%	-10.4%
FCF Margin	1.3%	4.7%	4.1%	8.9%	26.0%
R&D / Revenue	—	—	—	—	—	—
Effective Tax	33.0%	17.6%	17.9%	19.0%	0.4%
Debt / Equity	—	—	—	—	—	—
Buybacks / FCF	7.1%	—	—	—	—	—

FY 2025

Executive	Salary	Stock	Options	Bonus / Inc.	Other	Total
Michael RapinoPresident, Chief Executive Officer and Director	$3.0M	$10.0M	—	$17.4M	$2.2M	$32.6M
Joe BerchtoldPresident and Chief Financial Officer	$2.0M	—	—	$4.1M	$92.4K	$6.2M
John HopmansExecutive Vice President	$1.5M	—	—	$1.5M	$12.4K	$3.0M
Michael Rowles General Counseland Secretary	$1.1M	—	—	$1.6M	$32.9K	$2.8M
Brian CapoChief Accounting Officer	$475.0K	$467.4K	—	$237.5K	—	$1.2M