Live Nation Entertainment, Inc. (LYV)
Live Nation Entertainment, Inc., incorporated in 2005 and formerly known as Live Nation, Inc. until its name change in January 2010, is a global leader in live entertainment, headquartered in Beverly Hills, California. The company's diverse operations are organized into three primary business segments: Concerts, Ticketing, and Sponsorship & Advertising. The Concerts segment is responsible for organizing and promoting live musical performances, utilizing its extensive portfolio of owned or managed venues, as well as various rented third-party locations. This division also oversees the management and operation of music venues, produces major music festivals, develops related content, and offers management and other support services to artists. Through its Ticketing segment, Live Nation manages a comprehensive suite of ticketing operations. This includes supplying advanced ticketing software and services to its clients and facilitating the sale of tickets for both its own events and a wide array of third-party performances and gatherings. These range from professional sports and collegiate athletics to performing arts, museums, and theaters, with tickets distributed via leading online platforms like livenation.com and ticketmaster.com, mobile applications, and various physical outlets. The segment also provides services for ticket resale. The Sponsorship & Advertising division focuses on developing and executing global, national, and local sponsorship programs and advertising campaigns. This involves selling placements for signage, promotional activities, and rich media advertisements—including those associated with live streaming and music-related content—distributed throughout its vast ecosystem of venues, events, and digital properties. Additionally, this segment specializes in crafting and producing bespoke events and programs tailored to specific brand requirements. As of December 31, 2021, Live Nation Entertainment owned, operated, or leased 165 entertainment venues across North America and an additional 94 international entertainment venues.
Sector: Services-Amusement & Recreation Services
Industry: Entertainment
Live Nation Entertainment, Inc.
NYSE:LYVCommunication Services · Entertainment
-0.61%$173.44
AH Close$173.44+0.00%vs close
AH Close$173.44+0.00%vs close
Mkt Cap$40.87B
Float230.66M
O/S235.63M
Inst Own83.7%
SI10.4%
Dilution
Delisting Issues Timeline
Financials Summary
Revenue$25.2B
Net Income$495.97M
Total Assets$22.91B
Free Cash Flow$304.98M
Debt & Equity
Debt 98%
Equity 2%
Total Debt$12.44B
Total Equity$271.01M
Shares Outstanding
Short Interest
Split History
No splits on record
Nothing in LYV's public trading history: no forward or reverse split has affected the share count.
Balance Sheet Details
Assets$22.91B
Liabilities$21.09B
Accounts Receivable$2.08B
Accounts Payable$2.19B
Inventory$56.58M
PP&E (Net)$5.29B
Goodwill$2.89B
Intangible Assets$1.45B
Income Statement
| Period | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 | FY 2015 | FY 2014 | FY 2013 | FY 2012 | FY 2011 | FY 2010 | FY 2009 | FY 2008 | FY 2007 | FY 2006 | FY 2005 | FY 2004 | FY 2003 | FY 2002 | FY 2001 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Currency | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD |
| Period Ending | 2025-12-31 | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 | 2020-12-31 | 2019-12-31 | 2018-12-31 | 2017-12-31 | 2016-12-31 | 2015-12-31 | 2014-12-31 | 2013-12-31 | 2012-12-31 | 2011-12-31 | 2010-12-31 | 2009-12-31 | 2008-12-31 | 2007-12-31 | 2006-12-31 | 2005-12-31 | 2004-12-31 | 2003-12-31 | 2002-12-31 | 2001-12-31 |
| Revenue | $25.2B | $23.16B | $22.73B | $16.68B | $6.27B | $1.86B | $11.55B | $10.79B | $9.69B | $7.83B | $7.25B | $6.87B | $6.48B | $5.82B | $5.38B | $5.06B | $4.18B | $4.09B | $3.76B | $3.29B | $2.94B | $2.81B | $2.71B | $2.47B | $2.54B |
| YoY Growth | 8.8% | 1.9% | 36.2% | 166.1% | 236.8% | -83.9% | 7.0% | 11.4% | 23.8% | 8.0% | 5.5% | 6.0% | 11.3% | 8.1% | 6.3% | 21.1% | 2.3% | 8.8% | 14.0% | 12.2% | 4.7% | 3.6% | 9.5% | -2.8% | - |
| Cost of Revenue | $19.4B | $17.33B | $17.25B | $12.35B | $4.36B | $1.4B | $8.47B | $7.97B | $7.18B | $5.64B | $5.2B | $4.92B | $4.68B | $4.15B | $3.79B | $3.66B | $3.36B | $3.3B | $3.05B | $2.71B | $2.83B | $2.19B | $2.51B | $1.85B | $2.39B |
| Gross Profit | $5.8B | $5.83B | $5.48B | $4.33B | $1.91B | $458.78M | $3.08B | $2.82B | $2.51B | $2.19B | $2.05B | $1.95B | $1.8B | $1.67B | $1.59B | $1.41B | $823.78M | $785.86M | $706.01M | $581.74M | $107.01M | $621M | $201.27M | $620.22M | $157.16M |
| Gross Margin | 23.0% | 25.2% | 24.1% | 26.0% | 30.5% | 24.6% | 26.7% | 26.1% | 25.9% | 27.9% | 28.3% | 28.4% | 27.8% | 28.7% | 29.6% | 27.8% | 19.7% | 19.2% | 18.8% | 17.7% | 3.6% | 22.1% | 7.4% | 25.1% | 6.2% |
| Research and Development | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Selling, General, and Administrative | $4.09B | $4.1B | $3.56B | $2.96B | $1.75B | $1.52B | $2.15B | $2B | $1.91B | $1.55B | $1.41B | $1.34B | $1.23B | $1.14B | $1.11B | $1.01B | $675.87M | $672.08M | $592.98M | $468.97M | $50.72M | $460.17M | $0 | $449.61M | $0 |
| Other | $223.5M | $906.54M | $833.69M | $655.73M | $584.49M | $587.63M | $610.46M | $550.3M | $506.2M | $443.77M | $506.03M | $602.51M | $431.49M | $545.78M | $464.2M | $454.65M | $200.26M | $411.07M | $96.18M | $113.64M | $69.48M | $101.85M | $247.26M | $75.7M | $347.36M |
| Total Operating Expenses | $4.32B | $5B | $4.39B | $3.61B | $2.33B | $2.11B | $2.76B | $2.55B | $2.41B | $1.99B | $1.92B | $1.94B | $1.66B | $1.69B | $1.58B | $1.47B | $876.13M | $1.08B | $689.16M | $582.61M | $120.2M | $562.02M | $247.26M | $525.31M | $347.36M |
| Operating Income (EBIT) | $1.48B | $824.51M | $1.08B | $722.03M | -$417.86M | -$1.65B | $324.84M | $272.54M | $91.4M | $194.94M | $131.37M | $7.16M | $139.66M | -$21.64M | $18.34M | -$63.7M | -$52.36M | -$297.29M | $16.84M | -$872K | -$13.18M | $58.98M | -$46M | $94.92M | -$190.19M |
| Operating Margin | 5.9% | 3.6% | 4.8% | 4.3% | -6.7% | -88.8% | 2.8% | 2.5% | 0.9% | 2.5% | 1.8% | 0.1% | 2.2% | -0.4% | 0.3% | -1.3% | -1.3% | -7.3% | 0.4% | -0.0% | -0.4% | 2.1% | -1.7% | 3.8% | -7.5% |
| Interest Expense | $316.03M | $325.97M | $350.24M | $278.48M | $282.44M | $226.83M | $157.52M | $140.98M | $107.77M | $106.51M | $102.88M | $106.31M | $111.66M | $123.74M | $120.41M | $116.53M | $66.36M | $63.02M | $0 | $37.22M | $52.5M | $0 | $2.79M | $0 | $0 |
| Interest Income | $150.44M | $156.25M | $237.82M | $77.62M | $6.63M | $11.74M | $14.41M | $8.96M | $5.72M | $2.57M | $3.53M | $3.61M | $5.07M | $4.17M | $4.21M | $3.77M | $2.19M | $0 | $0 | $12.45M | $0 | $0 | $0 | $0 | $0 |
| Other Income (Expense) | -$453.4M | -$85.08M | -$171.66M | -$231.51M | -$193.41M | -$203.47M | -$139.74M | -$141.43M | -$100.78M | -$146.61M | -$125.02M | -$106.98M | -$144.8M | -$110.52M | -$114.96M | -$124.95M | -$62.32M | -$60.44M | -$59.35M | $37.16M | -$55.95M | -$44.26M | $114.36M | -$62.49M | -$65.07M |
| Income Before Tax (EBT) | $1.03B | $739.43M | $913.27M | $490.52M | -$611.27M | -$1.86B | $185.1M | $131.1M | -$9.38M | $48.33M | $6.35M | -$99.82M | -$5.14M | -$132.16M | -$96.63M | -$188.65M | -$114.68M | -$357.74M | -$42.51M | $36.28M | -$69.13M | $14.72M | $68.37M | $32.43M | -$255.27M |
| Income Tax Expense | $339.79M | -$391.7M | $209.48M | $115.94M | -$2.48M | -$28.88M | $66.89M | $40.77M | -$17.15M | $28.03M | $22.12M | $4.63M | $30.88M | $29.74M | -$26.22M | $15.15M | $11.33M | -$24.26M | $13.27M | $18.6M | $61.49M | -$1.53M | $11.34M | $29M | -$531K |
| Net Income | $495.97M | $896.29M | $556.89M | $266.44M | -$650.9M | -$1.72B | $69.89M | $60.25M | -$6.01M | $2.94M | -$32.51M | -$90.81M | -$43.38M | -$163.23M | -$83.02M | -$228.39M | -$60.18M | -$239.41M | -$11.94M | -$31.44M | -$130.62M | $16.26M | $57.03M | -$3.93B | -$254.74M |
| Net Income Margin | 2.0% | 3.9% | 2.5% | 1.6% | -10.4% | -92.7% | 0.6% | 0.6% | -0.1% | 0.0% | -0.4% | -1.3% | -0.7% | -2.8% | -1.5% | -4.5% | -1.4% | -5.9% | -0.3% | -1.0% | -4.4% | 0.6% | 2.1% | -158.8% | -10.0% |
| Supplementary Data | |||||||||||||||||||||||||
| EPS | -0.24 | 2.77 | 1.35 | 0.66 | -3.09 | -8.12 | -0.02 | -0.09 | -0.48 | -0.23 | -0.33 | -0.49 | -0.23 | -0.88 | -0.46 | -1.39 | -0.73 | -3.14 | -0.17 | -0.48 | -1.96 | 0.24 | 0.84 | -58.15 | -3.77 |
| Diluted EPS | -0.24 | 2.74 | 1.34 | 0.64 | -3.09 | -8.12 | -0.02 | -0.09 | -0.48 | -0.23 | -0.33 | -0.49 | -0.23 | -0.88 | -0.46 | -1.39 | -0.73 | -3.14 | -0.17 | -0.48 | -1.96 | 0.24 | 0.84 | -58.15 | -3.77 |
| Weighted Average OS | 231.84M | 230.12M | 228.63M | 224.81M | 217.19M | 212.27M | 210.08M | 207.44M | 204.92M | 202.08M | 200.97M | 198.87M | 193.89M | 186.96M | 182.39M | 164.41M | 82.65M | 76.23M | 68.44M | 64.85M | 66.81M | 67.56M | 67.56M | 67.56M | 67.56M |
| EBITDA | $1.99B | $1.62B | $1.78B | $1.22B | $87.45M | -$1.14B | $786.62M | $658.61M | $553.92M | $558.48M | $506.48M | $374.63M | $475.44M | $421.14M | $366.81M | $249.54M | $114.38M | -$139.41M | $139.77M | $128.03M | $51.45M | $123.08M | $17.44M | $159.75M | $109.15M |
| EBITDA Margin | 7.9% | 7.0% | 7.8% | 7.3% | 1.4% | -61.5% | 6.8% | 6.1% | 5.7% | 7.1% | 7.0% | 5.5% | 7.3% | 7.2% | 6.8% | 4.9% | 2.7% | -3.4% | 3.7% | 3.9% | 1.8% | 4.4% | 0.6% | 6.5% | 4.3% |
Balance Sheet
| Period | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 | FY 2015 | FY 2014 | FY 2013 | FY 2012 | FY 2011 | FY 2010 | FY 2009 | FY 2008 | FY 2007 | FY 2006 | FY 2005 | FY 2004 | FY 2003 | FY 2002 | FY 2001 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Currency | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD |
| Period Ending | 2025-12-31 | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 | 2020-12-31 | 2019-12-31 | 2018-12-31 | 2017-12-31 | 2016-12-31 | 2015-12-31 | 2014-12-31 | 2013-12-31 | 2012-12-31 | 2011-12-31 | 2010-12-31 | 2009-12-31 | 2008-12-31 | 2007-12-31 | 2006-12-31 | 2005-12-31 | 2004-12-31 | 2003-12-31 | 2002-12-31 | 2001-12-31 |
| Assets | |||||||||||||||||||||||||
| Current Assets | |||||||||||||||||||||||||
| Cash and Cash Equivalents | $7.11B | $6.1B | $6.23B | $5.61B | $4.88B | $2.54B | $2.47B | $2.37B | $1.83B | $1.53B | $1.3B | $1.38B | $1.3B | $1B | $844.25M | $892.76M | $236.96M | $199.66M | $338.99M | $313.88M | $403.72M | $179.14M | $116.36M | $0 | $0 |
| Short-Term Investments | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Cash and Short-Term Investments | $7.11B | $6.1B | $6.23B | $5.61B | $4.88B | $2.54B | $2.47B | $2.37B | $1.83B | $1.53B | $1.3B | $1.38B | $1.3B | $1B | $844.25M | $892.76M | $236.96M | $199.66M | $338.99M | $313.88M | $403.72M | $179.14M | $116.36M | $0 | $0 |
| Accounts Receivable | $2.08B | $1.78B | $2.07B | $1.5B | $1.09B | $501.29M | $1.03B | $844.52M | $746.58M | $568.94M | $452.6M | $419.3M | $439.15M | $415.79M | $389.35M | $329.95M | $176.18M | $217.29M | $264.32M | $250.83M | $190.21M | $167.87M | $180.39M | $0 | $0 |
| Inventory | $56.58M | $50.15M | $45.14M | $38.73M | $33.83M | $22M | $16.11M | $12.57M | $17.47M | $15.11M | $14.39M | $12.82M | $12.27M | $12.03M | $12.95M | $0 | $0 | $0 | $20.19M | $12.37M | $0 | $0 | $0 | $0 | $0 |
| Other Current Assets | $275.13M | $118.05M | $40.27M | $64.9M | $24.86M | $11.56M | $9.94M | $21.57M | $16.66M | $34.66M | $21.98M | $13.27M | $31.16M | $24M | $13.75M | $32.48M | $27.13M | $28.52M | $24.53M | $26.15M | $46.71M | $42.01M | $38.21M | $0 | $0 |
| Total Current Assets | $10.97B | $9.29B | $9.53B | $8.16B | $6.68B | $3.65B | $4.19B | $3.85B | $3.15B | $2.67B | $2.29B | $2.27B | $2.16B | $1.81B | $1.58B | $1.6B | $717.87M | $639.82M | $834.41M | $740.17M | $755.69M | $472.56M | $423.62M | $0 | $0 |
| Long-Term Assets | |||||||||||||||||||||||||
| Property, Plant & Equipment Net | $5.29B | $4.06B | $3.71B | $3.06B | $2.63B | $2.53B | $2.52B | $946.59M | $885.94M | $751.54M | $731.28M | $695.34M | $706.8M | $721.79M | $720.14M | $737.06M | $749.98M | $887.74M | $915.04M | $876.17M | $808.92M | $793.32M | $782.15M | $0 | $0 |
| Goodwill | $2.89B | $2.62B | $2.69B | $2.53B | $2.59B | $2.13B | $2B | $1.82B | $1.75B | $1.75B | $1.6B | $1.48B | $1.47B | $1.36B | $1.26B | $1.23B | $204.67M | $205.3M | $471.54M | $423.17M | $137.11M | $44.81M | $127.08M | $0 | $0 |
| Intangible Assets | $1.45B | $1.37B | $1.54B | $1.42B | $1.4B | $1.22B | $1.24B | $1.03B | $1.1B | $1.18B | $1.15B | $1.05B | $1.05B | $1.1B | $1.25B | $1.37B | $470.89M | $514.47M | $383M | $73.4M | $12.35M | $14.84M | $15.63M | $0 | $0 |
| Long-Term Investments | $748.75M | $504.19M | $447.49M | $408.79M | $293.64M | $170.49M | $167.6M | $137.21M | $105.27M | $82.03M | $81.81M | $127.22M | $39.78M | $46.16M | $55.8M | $30.08M | $2.08M | $18.52M | $0 | $0 | $0 | $27M | $19.72M | $0 | $0 |
| Deferred Tax Assets | $450.96M | $577.93M | $42.84M | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Other Long-Term Assets | $1.12B | $1.22B | $1.07B | $884.76M | $807.5M | $889.54M | $857.57M | $711.76M | $507.44M | $329.26M | $303.44M | $346.88M | $256.56M | $250.29M | $216.11M | $226.02M | $196.27M | $210.89M | $148.11M | $112.09M | $62.51M | $126.18M | $127.52M | $0 | $0 |
| Total Long-Term Assets | $11.94B | $10.35B | $9.5B | $8.3B | $7.72B | $6.94B | $6.78B | $4.65B | $4.35B | $4.09B | $3.87B | $3.72B | $3.52B | $3.48B | $3.51B | $3.59B | $1.62B | $1.84B | $1.92B | $1.49B | $1.02B | $1.01B | $1.07B | $0 | $0 |
| Other Assets | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $1.52B | $0 |
| Total Assets | $22.91B | $19.64B | $19.07B | $16.46B | $14.4B | $10.59B | $10.98B | $8.5B | $7.5B | $6.76B | $6.16B | $5.99B | $5.68B | $5.29B | $5.09B | $5.2B | $2.34B | $2.48B | $2.75B | $2.23B | $1.78B | $1.48B | $1.5B | $1.52B | $5.39B |
| Liabilities | |||||||||||||||||||||||||
| Current Liabilities | |||||||||||||||||||||||||
| Accounts Payable | $2.19B | $2.1B | $2.13B | $1.97B | $1.64B | $830.45M | $1.11B | $1.13B | $1.03B | $781.5M | $721.55M | $732.26M | $767.57M | $660.67M | $561.58M | $539.18M | $50.84M | $53.56M | $79.27M | $40.65M | $37.65M | $31.44M | $41.3M | $0 | $0 |
| Short-Term Debt | $755.39M | $260.9M | $1.13B | $620.03M | $585.25M | $53.41M | $37.8M | $82.14M | $347.59M | $53.32M | $42.35M | $47.44M | $278.4M | $62.05M | $52.63M | $54.15M | $41.03M | $48.64M | $36.34M | $31.72M | $25.7M | $1.21M | $1.28M | $0 | $0 |
| Current Income Tax Payable | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Current Unearned Revenue | $4.46B | $3.72B | $3.4B | $3.13B | $2.77B | $1.84B | $1.39B | $1.23B | $925.22M | $804.97M | $618.64M | $543.12M | $486.43M | $402M | $273.54M | $335.54M | $284.54M | $225.66M | $259.87M | $230.18M | $232.75M | $0 | $335.8M | $0 | $0 |
| Other Current Liabilities | $3B | $575.42M | $658.42M | $608.73M | $370.17M | $162.15M | $335.63M | $332.12M | $394.1M | $231.22M | $189.01M | $151.86M | $207.45M | $149.08M | $139.05M | $46.49M | $18.68M | $64.38M | $18.35M | $0 | $0 | $184.41M | $169.37M | $0 | $0 |
| Total Current Liabilities | $11.03B | $9.36B | $9.96B | $8.3B | $6.86B | $3.8B | $4.11B | $3.75B | $3.58B | $2.46B | $2.1B | $2.01B | $2.26B | $1.77B | $1.49B | $1.47B | $752.23M | $771.24M | $905.47M | $773.96M | $701.62M | $579.35M | $547.75M | $0 | $0 |
| Long-Term Liabilities | |||||||||||||||||||||||||
| Long-Term Debt | $9.64B | $6.18B | $5.45B | $5.28B | $5.15B | $4.86B | $3.27B | $2.73B | $1.95B | $2.26B | $2B | $2.02B | $1.53B | $1.68B | $1.66B | $1.68B | $699.04M | $837.08M | $786.26M | $607.42M | $341.14M | $649.46M | $616.55M | $0 | $0 |
| Long-Term Unearned Revenue | $73.07M | $120.06M | $60.55M | $56.95M | $116.68M | $88.64M | $34.39M | $27.5M | $9.57M | $5.51M | $6.13M | $4.77M | $5.1M | $3.6M | $5.12M | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Long-Term Deferred Tax Liabilities | $83.3M | $140.15M | $324.7M | $305.52M | $236.55M | $170.76M | $178.17M | $137.07M | $137.63M | $197.81M | $199.47M | $196.76M | $161.64M | $199.6M | $186.3M | $219.14M | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Other Long-Term Liabilities | -$1.78B | $217.55M | $102.91M | $93.49M | $78.35M | $93.87M | $96.26M | $177.47M | $164.82M | $144.28M | $136.14M | $98.44M | $79.93M | $90.81M | $115.57M | $215.27M | $165.05M | $186.36M | $131.47M | $128.79M | $70.77M | $83.44M | $139.4M | $0 | $0 |
| Total Long-Term Liabilities | $10.06B | $8.34B | $7.63B | $7.39B | $7.18B | $6.65B | $4.95B | $3.07B | $2.26B | $2.61B | $2.34B | $2.32B | $1.78B | $1.97B | $1.97B | $2.11B | $864.08M | $1.02B | $917.73M | $736.22M | $411.9M | $738.46M | $755.96M | $0 | $0 |
| Other Liabilities | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $1.29B | $0 |
| Total Liabilities | $21.09B | $17.69B | $17.59B | $15.7B | $14.04B | $10.45B | $9.06B | $6.82B | $5.84B | $5.07B | $4.45B | $4.34B | $4.03B | $3.74B | $3.46B | $3.59B | $1.62B | $1.79B | $1.82B | $1.51B | $1.11B | $1.32B | $1.3B | $1.29B | $0 |
| Stockholders' Equity | |||||||||||||||||||||||||
| Preferred Stock | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $40M | $40M | $40M | $0 | $0 | $0 | $0 | $0 |
| Common Stock | $2.33M | $2.31M | $2.3M | $2.29M | $2.22M | $2.15M | $2.11M | $2.09M | $2.07M | $2.03M | $2.02M | $2M | $1.98M | $1.88M | $1.87M | $1.72M | $860K | $785K | $749K | $672K | $672K | $0 | $0 | $0 | $0 |
| Retained Earnings | -$1.04B | -$1.55B | -$2.41B | -$2.97B | -$3.33B | -$2.68B | -$949.33M | -$1.02B | -$1.08B | -$1.07B | -$1.08B | -$1.04B | -$951.8M | -$908.42M | -$745.19M | -$662.17M | -$433.79M | -$362.71M | -$130.94M | -$119M | -$87.56M | -$4.19B | -$4.2B | $0 | $0 |
| Comprehensive Income & Other | -$114.87M | -$335.11M | $27.45M | -$90.08M | -$147.96M | -$177.01M | -$145.71M | -$145.23M | -$108.54M | -$176.71M | -$111.66M | -$70.01M | -$2.37M | -$10.92M | -$36.37M | -$22.24M | $4.2M | -$961K | $56.41M | $20.72M | -$6.42M | -$13.52M | $4.95M | $0 | $0 |
| Other Stockholders' Equity | $1.31B | $1.72B | $2.39B | $2.6B | $2.74B | $2.2B | $2.09B | $2.12B | $2.26B | $2.2B | $2.31B | $2.34B | $2.36B | $2.26B | $2.2B | $2.02B | $1.09B | $984.18M | $997.26M | $757M | $723.59M | $4.34B | $4.39B | $230.91M | $3.7B |
| Total Equity | $271.01M | $173.26M | -$17.15M | -$367.57M | -$582.65M | -$471.77M | $1.15B | $1.1B | $1.18B | $1.13B | $1.24B | $1.3B | $1.41B | $1.36B | $1.46B | $1.36B | $652.32M | $622.26M | $867.07M | $638.66M | $636.7M | $156.98M | $188.28M | $230.91M | $3.7B |
| Minority Interest | $1.55B | $1.77B | $1.5B | $1.13B | $946.12M | $610.47M | $767.63M | $573.12M | $481.68M | $570.57M | $473.68M | $355.75M | $241.62M | $195.26M | $164.07M | $244.79M | $73.12M | $61.72M | $61.84M | $76.17M | $26.36M | $3.93M | $3.72M | $0 | $0 |
| Total Liabilities and Equity | $21.36B | $17.87B | $17.58B | $15.33B | $13.46B | $9.98B | $10.21B | $7.92B | $7.02B | $6.19B | $5.68B | $5.63B | $5.44B | $5.1B | $4.92B | $4.95B | $2.27B | $2.42B | $2.69B | $2.15B | $1.75B | $1.47B | $1.49B | $1.52B | $3.7B |
| Supplementary Data | |||||||||||||||||||||||||
| Total Debt | $12.44B | $8.27B | $8.44B | $7.7B | $7.46B | $6.46B | $4.81B | $2.82B | $2.3B | $2.31B | $2.05B | $2.06B | $1.81B | $1.74B | $1.72B | $1.73B | $740.07M | $885.71M | $822.61M | $639.15M | $366.84M | $650.67M | $617.84M | $0 | $0 |
| Net Debt | $5.33B | $2.18B | $2.21B | $2.09B | $2.58B | $3.92B | $2.34B | $443.48M | $474.64M | $786.46M | $741.89M | $681.37M | $509.7M | $738.95M | $871.43M | $839.11M | $503.11M | $686.05M | $483.62M | $325.27M | -$36.88M | $471.54M | $501.48M | $0 | $0 |
Cash Flow Statement
| Period | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 | FY 2015 | FY 2014 | FY 2013 | FY 2012 | FY 2011 | FY 2010 | FY 2009 | FY 2008 | FY 2007 | FY 2006 | FY 2005 | FY 2004 | FY 2003 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Currency | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD |
| Period Ending | 2025-12-31 | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 | 2020-12-31 | 2019-12-31 | 2018-12-31 | 2017-12-31 | 2016-12-31 | 2015-12-31 | 2014-12-31 | 2013-12-31 | 2012-12-31 | 2011-12-31 | 2010-12-31 | 2009-12-31 | 2008-12-31 | 2007-12-31 | 2006-12-31 | 2005-12-31 | 2004-12-31 | 2003-12-31 |
| Operating Activities | |||||||||||||||||||||||
| Net Income | $690.74M | $1.13B | $703.8M | $409.19M | -$608.79M | -$1.83B | $118.21M | $90.34M | $7.77M | $20.3M | -$15.77M | -$104.45M | -$36.02M | -$161.9M | -$70.4M | -$208.04M | -$49.73M | -$231.76M | -$11.94M | -$31.44M | -$130.62M | $16.26M | $57.03M |
| Depreciation & Amortization | $638.87M | $549.92M | $516.8M | $449.98M | $416.28M | $485.02M | $443.99M | $386.53M | $455.54M | $403.65M | $397.24M | $368.14M | $368.92M | $429.56M | $343.02M | $321.67M | $162.69M | $148.22M | $122.92M | $128.9M | $64.63M | $64.09M | $63.44M |
| Deferred Income Tax | -$20.5M | -$708.57M | -$44.02M | $7.2M | -$9.64M | -$37.88M | -$465K | -$6.25M | -$71.54M | -$7.89M | -$9.61M | -$17.66M | -$15.89M | -$10.96M | -$45.6M | -$25.02M | -$8.7M | $8.13M | $7.65M | $10.33M | $114.51M | $54.41M | $79.61M |
| Stock-Based Compensation | $155.22M | $110.35M | $115.96M | $110.05M | $209.34M | $116.89M | $48.78M | $45.58M | $42.76M | $32.72M | $33.36M | $39.03M | $28.41M | $37.06M | $50.05M | $52.4M | $16.68M | $34.56M | $0 | $3.43M | $1.26M | $0 | $0 |
| Changes in Working Capital: | |||||||||||||||||||||||
| Accounts Receivable | -$147.89M | $181.43M | -$525.74M | -$463.98M | -$485.21M | $490.59M | -$159.79M | -$135.43M | -$133.02M | -$146.13M | -$67.23M | -$14.36M | $11.54M | -$20.32M | -$79.81M | -$4.58M | $34.48M | $2.13M | $0 | -$53.55M | -$15.91M | $0 | $0 |
| Inventory | $0 | $0 | $0 | $0 | $0 | $0 | -$170.49M | -$266.24M | -$239.06M | -$129.75M | $0 | $0 | -$111.11M | -$110.88M | $9.21M | $20.86M | -$13.96M | -$25.6M | $0 | -$34.06M | -$49.52M | $0 | $0 |
| Accounts Payable | -$138.41M | $13.78M | $450.37M | $1B | $1.32B | -$1.38B | -$45.92M | $323.46M | $474.3M | $193.78M | $3.48M | $45.54M | $114.25M | $64.44M | $6.82M | $386K | -$4.59M | -$48.47M | $0 | $3.9M | $41.95M | $0 | $0 |
| Other Working Capital | -$1.45M | $455.89M | -$61.92M | $99.67M | $943.48M | $968.33M | $88.29M | $344.54M | $26.77M | $164.29M | -$69.92M | -$157.83M | $36.79M | $124.76M | -$83.93M | -$41.69M | -$34.37M | -$78.39M | -$49.79M | -$1.76M | $54.07M | $37.49M | $29.21M |
| Total Working Capital Change | -$287.75M | $651.11M | -$137.29M | $637.85M | $1.77B | $79.46M | -$287.91M | $266.33M | $128.99M | $82.19M | -$133.68M | -$126.65M | $51.48M | $58M | -$147.71M | -$25.02M | -$18.43M | -$150.34M | -$49.79M | -$85.47M | $30.59M | $37.49M | $29.21M |
| Other Non-Cash Items | $218.73M | -$8.76M | $207.72M | $217.79M | -$614K | $101.66M | $147.17M | $159.05M | $60.01M | $67.77M | $36.31M | $133.76M | $34.84M | $15.34M | $6.36M | $42.53M | -$45.23M | $128.56M | $29.19M | -$9.04M | -$66.45M | -$52.36M | -$90.57M |
| Net Cash from Operating | $1.4B | $1.73B | $1.36B | $1.84B | $1.78B | -$1.08B | $469.78M | $941.59M | $623.52M | $598.74M | $307.85M | $292.17M | $431.36M | $367.1M | $135.71M | $158.52M | $57.27M | -$62.63M | $49.81M | $16.72M | $13.91M | $119.9M | $138.71M |
| Investing Activities | |||||||||||||||||||||||
| Capital Expenditures | -$1.08B | -$666.63M | -$438.6M | -$347.21M | -$152.73M | -$213.75M | -$323.57M | -$239.83M | -$238.44M | -$173.83M | -$142.49M | -$139.59M | -$134.87M | -$123.81M | -$107.5M | -$75.58M | -$64.27M | -$186.22M | -$164.42M | -$417.56M | -$92.52M | -$73.44M | -$69.94M |
| Acquisitions | -$120.35M | -$124.4M | -$70.93M | -$344.51M | -$404.41M | -$33.32M | -$290.9M | -$166.72M | -$73.12M | -$240.55M | -$111.78M | -$229.84M | -$103.17M | -$79.43M | -$55.23M | $488.07M | -$9.71M | -$12.64M | -$124.28M | $0 | -$8.47M | $0 | $0 |
| Purchases of Investments | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | -$9.63M | $0 | -$15.77M | $0 | -$555K | -$250K | -$5.26M | -$18.39M | $0 | $0 | $0 |
| Sales of Investments | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $695K | $334K | $3.62M | $6.17M | $0 | $0 | $0 |
| Other Investing Activities | -$23.59M | -$63.25M | -$186.27M | -$92.97M | -$9.82M | $23.01M | -$76.54M | -$90.35M | -$16.04M | -$12.1M | -$36.72M | -$22.73M | $90.11M | -$551K | $26.49M | $40.49M | $151.31M | $131.88M | $149.29M | $54.63M | -$5.06M | -$10.64M | $17.98M |
| Net Cash from Investing | -$1.23B | -$854.28M | -$695.8M | -$784.69M | -$566.96M | -$224.06M | -$691M | -$496.91M | -$327.59M | -$426.48M | -$290.99M | -$384.29M | -$143.66M | -$203.79M | -$152.02M | $452.99M | $70.09M | -$67.6M | -$141.06M | -$375.16M | -$106.05M | -$84.08M | -$51.96M |
| Financing Activities | |||||||||||||||||||||||
| Debt Repaid | -$1.67B | $287.88M | -$330.38M | -$76.46M | -$794.12M | -$1.58B | -$500.13M | -$458.27M | $49.94M | -$237.62M | $6.29M | -$261.61M | -$16.58M | -$13.06M | $32.01M | -$119.84M | $103.05M | -$50.72M | -$114.15M | -$261.24M | -$343.94M | -$24.08M | $56.89M |
| Common Stock Issuance | $5.08M | $26.05M | $0 | $0 | $449.63M | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $76.49M | $0 | $1.55M | $5.45M | $466K | $0 | $19.5M | $0 | $0 |
| Common Stock Repurchases | -$23.53M | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | -$1.57M | $0 | -$28.63M | $0 | -$24.72M | -$18M | $0 | $0 |
| Dividends Paid | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Other Financing Activities | -$1.24B | -$396.72M | -$417.66M | -$219.8M | -$72.42M | -$226.3M | -$171.24M | -$269.49M | -$77.14M | -$138.41M | -$37.83M | -$35.64M | $16.4M | -$32.95M | -$88.86M | -$29.18M | -$22.86M | $6.44M | -$4.42M | $31.77M | $0 | -$825K | $0 |
| Net Cash from Financing | $406.51M | -$658.55M | -$87.28M | -$143.34M | $1.17B | $1.35B | $328.89M | $188.78M | -$127.08M | $99.21M | -$36.47M | $240.86M | $32.98M | -$19.89M | -$44.38M | $49.09M | -$116.96M | $33.98M | $110.19M | $268.29M | $345.44M | $23.25M | -$56.89M |
| Forex Effect | $425.5M | -$345.19M | $38.87M | -$174.61M | -$43.59M | $29.57M | -$11.63M | -$84.08M | $130.39M | -$46.76M | -$51.65M | -$43.13M | -$8.66M | $13.39M | $12.19M | -$4.79M | $26.89M | -$52.88M | $6.17M | $313K | -$28.72M | $3.7M | -$18.4M |
| Net Change in Cash | $1B | -$132.85M | $618.76M | $732.4M | $2.34B | $72.2M | $96.04M | $549.38M | $298.73M | $223.47M | -$78.9M | $82.84M | $298.13M | $156.8M | -$48.51M | $655.8M | $37.3M | -$139.33M | $25.11M | -$89.84M | $224.58M | $62.78M | $11.46M |
| Supplementary Data | |||||||||||||||||||||||
| Operating Cash Flow | $1.4B | $1.73B | $1.36B | $1.83B | $1.78B | -$1.08B | $469.78M | $941.59M | $623.01M | $597.49M | $300.2M | $269.41M | $417.47M | $367.1M | $135.71M | $158.52M | $57.27M | -$52.84M | $49.81M | $16.72M | $13.91M | $119.9M | $138.71M |
| Capital Expenditure | -$1.09B | -$675.16M | -$475.26M | -$353.29M | -$159.83M | -$222.61M | -$365.83M | -$275.46M | -$249.41M | -$180.06M | -$154.76M | -$142.94M | -$134.87M | -$138.37M | -$110.09M | -$77.37M | -$92.13M | -$251.68M | -$164.42M | -$417.56M | -$92.52M | -$73.44M | -$69.94M |
| Free Cash Flow | $304.98M | $1.05B | $887.72M | $1.48B | $1.62B | -$1.31B | $103.96M | $666.12M | $374.11M | $418.68M | $153.1M | $149.23M | $296.49M | $228.72M | $25.61M | $81.15M | -$34.85M | -$314.31M | -$114.61M | -$400.84M | -$78.61M | $46.46M | $68.78M |
| Cash at Beginning | $6.11B | $6.24B | $5.62B | $4.89B | $2.55B | $2.47B | $2.38B | $1.83B | $1.53B | $1.3B | $1.38B | $1.3B | $1B | $844.25M | $892.76M | $236.96M | $199.66M | $338.99M | $313.88M | $403.72M | $179.14M | $116.36M | $104.9M |
| Cash at End | $7.11B | $6.11B | $6.24B | $5.61B | $4.89B | $2.55B | $2.47B | $2.38B | $1.83B | $1.53B | $1.3B | $1.38B | $1.3B | $1B | $844.25M | $892.76M | $236.96M | $199.66M | $338.99M | $313.88M | $403.72M | $179.14M | $116.36M |