理想国演艺股份有限公司
LYV: XNYS (USA)
| Morningstar Rating for Stocks | Fair Value | Economic Moat | Capital Allocation |
|---|---|---|---|
| LOCK|^# | LOCK|NW@d | LOCK|#%gl>#H |
Live Nation Earnings: Venue Ownership and International Expansion Drive Growth but Require Spending
Live Nation had an excellent 2025, with sales up 9% and adjusted operating income up 10%. International markets drove all the sales growth, with greater venue ownership enabling significant increases in capacity, monetization, and margins. Management expects double-digit AOI growth again in 2026.
