Dollar Amounts
USD (Millions)
Balance sheet data in USD (millions)
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From 2021 to 2024 Live Nation’s balance sheet shows a clear expansion of scale and a steady repair of its capital position. Total assets rose from $14,402M in 2021 to $19,639M in 2024 (a gain of ~36%), with the largest year-over-year increases occurring in 2022–2023 (+14–16% each year) and a much smaller rise in 2024 (+3%). Total liabilities followed a similar upward path, increasing from $14,985M to $19,466M over the same period, but liabilities grew slightly more slowly than assets in 2023–2024 which allowed equity to recover. Stockholders’ equity moved from a deficit of $‑583M in 2021 to a small positive $173M in 2024. As a ratio of assets, equity improved from about ‑4.0% in 2021 to +0.9% in 2024, reflecting reduced balance-sheet leverage and a return from the negative-equity position that persisted through 2023. The biggest improvements occurred in 2022–2023 when asset growth outpaced liabilities (consistent with recovery/expansion after the pandemic and/or retained earnings or capital actions), while 2024 shows consolidation—modest asset growth and only small additional liabilities—yielding a positive but still relatively thin equity buffer. Note: the 2025 row contains zeros and appears to be missing data.
This analysis is for informational purposes only and does not constitute financial advice or recommendations for any investment decisions. Please consult with a qualified financial professional for personalized guidance.