Live Nation Entertainment, Inc. (LYV) vs Spotify Technology S.A. (SPOT)
SPOT leads on 7 of 13 compared metrics.
A side-by-side comparison of Live Nation Entertainment, Inc. and Spotify Technology S.A. across valuation, profitability, dividends, and growth — built entirely from reported fundamentals, as of June 16, 2026. The ● marks the stronger figure on each row (cheaper multiple, higher margin/return).
LYV
Live Nation Entertainment, Inc.
$175.85Communication Services
SPOT
Spotify Technology S.A.
$479.85Communication Services
Total return — LYV vs SPOT
growth of $100 · last 8yLYV +360.7%SPOT +222.0%LYV compounded faster
LYV SPOT
LYV vs SPOT: by the numbers
- •SPOT is the larger company ($98.67B vs $40.92B market cap).
- •SPOT converts more revenue to profit (15.43% vs 0.33% net margin).
- •LYV grew revenue faster over the past five years (100.74% vs 16.40% CAGR).
Which is better, LYV or SPOT?
Metric tally: LYV 6 · SPOT 7It depends on what you're optimizing for:
GrowthLYV(faster 5Y revenue CAGR)
QualitySPOT(higher ROIC)
Metrics side by side
Valuation
| Metric | LYV | SPOT |
|---|---|---|
| P/E ratio | — | 38.22 |
| Forward P/E | 70.79 | 30.43● |
| P/S ratio | 1.60● | 4.90 |
| P/B ratio | 150.44 | 10.84● |
| PEG ratio | — | 0.51 |
| EV / EBITDA | 26.65● | 27.41 |
| FCF yield | 3.02% | 3.71%● |
Profitability
| Metric | LYV | SPOT |
|---|---|---|
| Gross margin | 44.74%● | 32.31% |
| Operating margin | 5.45% | 13.70%● |
| Net margin | 0.33% | 15.43%● |
| ROE | 183.01%● | 34.17% |
| ROIC | 7.87% | 21.05%● |
Growth (annualized)
| Metric | LYV | SPOT |
|---|---|---|
| Revenue CAGR (5Y) | 100.74%● | 16.40% |
| EPS CAGR (5Y) | 13.01% | — |
| FCF CAGR (5Y) | 31.48% | 66.97%● |
| Total return CAGR (5Y) | 15.39%● | 14.60% |
Frequently asked
- Which is better, LYV or SPOT?
- It depends on your goal. growth: LYV (faster 5Y revenue CAGR); quality: SPOT (higher ROIC). Across all compared metrics, SPOT leads 7 to 6.
- Which has grown faster, LYV or SPOT?
- Over the past five years, LYV grew revenue faster — LYV at a 100.74% CAGR versus SPOT at 16.40%.
- Is LYV or SPOT more profitable?
- SPOT runs the higher net margin — LYV at 0.33% versus SPOT at 15.43%.
- Which has been the better investment, LYV or SPOT?
- Over the past 5-year, LYV delivered the higher annualized total return — LYV at 22.27% versus SPOT at 14.60%. Past performance doesn't predict future results.
Go deeper
Dig into the metrics
Live Nation Entertainment P/E ratioSpotify Technology P/E ratioLive Nation Entertainment dividend yieldSpotify Technology dividend yieldLive Nation Entertainment ROESpotify Technology ROELive Nation Entertainment operating marginSpotify Technology operating marginLive Nation Entertainment revenue growthSpotify Technology revenue growthLive Nation Entertainment free cash flowSpotify Technology free cash flow
Live Nation Entertainment & Spotify Technology appear in these rankings
Figures are sourced from reported fundamentals and the latest end-of-day price. This comparison is informational only and is not investment advice. Past performance does not predict future results. See our methodology. Compiled by TGMCharts Research · data verified June 16, 2026.