Live Nation FY2024 revenue rises 2% to $23.2 billion; operating income falls 24%
Live Nation reported fourth-quarter and full-year 2024 results on February 20, 2025, and disclosed corrections to previously issued financial statements for income tax expense on certain foreign subsidiaries. Full-year revenue rose 2% to $23.2 billion and adjusted operating income rose 14% to $2.15 billion, while GAAP operating income fell 24% to $824.5 million, and diluted EPS was $2.74 versus $1.34, helped by a $391.7 million income tax benefit. Shareholders face a mixed picture: earnings per share improved, but operating income declined and the fourth-quarter operating loss widened.
Key points
- Full-year 2024 revenue of $23.2 billion, up 2%; operating income of $824.5 million, down 24% from $1.08 billion in 2023
- Full-year diluted EPS of $2.74 versus $1.34; net income attributable to common stockholders of $896.3 million versus $556.9 million
- Fourth-quarter operating loss of $239.4 million versus $81.5 million a year earlier, including $175.0 million of Astroworld estimated loss contingencies
- 2025 capital expenditures estimated at $900 million to $1 billion; company expects double-digit operating income and AOI growth in 2025
The filing
Written by AI on Nov 8, 2026, 1:30 AM ET, from this filing only. Written later: this filing was briefed after the fact, when past filings were added to the site, so the brief may be read with hindsight; the filing itself is the record of what was known on February 20, 2025.
Briefs are written by AI from the filing text and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the AI's reading of the filing for shareholders, not a price forecast. Not investment advice.