Live Nation Entertainment, Inc. (LYV) vs Spotify Technology S.A. (SPOT)
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 September 13, 2026. Differences are shown without an overall score or investment verdict.
LYV
Live Nation Entertainment, Inc.
$171.49Communication ServicesDelayed quote: Sep 14, 2026, 4:00 PM EDT
SPOT
Spotify Technology S.A.
$556.31Communication ServicesDelayed quote: Sep 14, 2026, 4:00 PM EDT
Total return — LYV vs SPOT
growth of $100 · dividends reinvested · last 8yLYV +292.9% (+18.7%/yr)SPOT +252.8% (+17.1%/yr)LYV compounded faster over this window
LYV SPOT
LYV vs SPOT: by the numbers
- •SPOT is the larger company ($114.37B vs $39.91B market cap).
- •SPOT converts more revenue to profit (18.50% vs 0.51% net margin).
- •LYV grew revenue faster over the past five years (82.79% vs 15.47% CAGR).
Metrics side by side
Valuation
| Metric | LYV | SPOT |
|---|---|---|
| P/E ratio | N/A | 34.70 |
| P/S ratio | 1.52 | 5.44 |
| P/B ratio | 484.73 | 11.94 |
| EV / EBITDA | 26.03 | 33.77 |
| FCF yield | 3.45% | 3.33% |
Profitability
| Metric | LYV | SPOT |
|---|---|---|
| Gross margin | 23.01% | 32.79% |
| Operating margin | 3.44% | 14.65% |
| Net margin | 0.51% | 18.50% |
| ROE | 163.61% | 40.61% |
| ROIC | 3.73% | 29.14% |
Growth (annualized)
| Metric | LYV | SPOT |
|---|---|---|
| Revenue CAGR (5Y) | 82.79% | 15.47% |
| FCF CAGR (5Y) | 32.47% | 66.33% |
| Total return CAGR (5Y) | 14.59% | 16.23% |
Frequently asked
- Which has grown faster, LYV or SPOT?
- Over the past five years, LYV grew revenue faster — LYV at a 82.79% CAGR versus SPOT at 15.47%.
- Is LYV or SPOT more profitable?
- SPOT runs the higher net margin — LYV at 0.51% versus SPOT at 18.50%.
- How have LYV and SPOT total returns compared?
- Over the past 5 years, LYV delivered 14.59% and SPOT delivered 16.23% annualized total return. Past performance doesn't predict future results.
Go deeper
Dig into the metrics
Spotify Technology P/E ratioLive 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 September 13, 2026.