| Summarized financial information |
Consolidated Balance Sheets
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December 31, |
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|
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2024 |
|
2023 |
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|
|
|
amounts in millions |
|
Current assets |
|
$ |
9,290 |
|
9,533 |
|
Property, plant and equipment, net |
|
|
2,442 |
|
2,101 |
|
Intangible assets |
|
|
1,366 |
|
1,539 |
|
Goodwill |
|
|
2,621 |
|
2,691 |
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Other assets |
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|
3,920 |
|
3,166 |
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Total assets |
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$ |
19,639 |
|
19,030 |
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|
|
|
|
|
|
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Current liabilities |
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$ |
9,358 |
|
9,984 |
|
Long-term debt, net |
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|
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 |
|
Consolidated Statements of Operations
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Years ended December 31, |
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|
|
2024 |
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2023 |
|
2022 |
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|
|
|
amounts in millions |
|
Revenue |
|
$ |
23,156 |
|
22,726 |
|
16,681 |
|
Operating expenses: |
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|
|
|
|
|
|
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Direct operating expenses |
|
|
17,328 |
|
17,251 |
|
12,348 |
|
Selling, general and administrative expenses |
|
|
4,096 |
|
3,557 |
|
2,956 |
|
Depreciation and amortization |
|
|
550 |
|
517 |
|
450 |
|
Other operating expenses |
|
|
357 |
|
316 |
|
205 |
|
|
|
|
22,331 |
|
21,641 |
|
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) |
|
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 |
|
$ |
896 |
|
557 |
|
266 |
|
|