Which has grown faster, LYV or WBD?

Over the past five years, LYV grew revenue faster — LYV at a 100.74% CAGR versus WBD at 28.12%.

Is LYV or WBD more profitable?

LYV runs the higher net margin — LYV at 0.33% versus WBD at -4.67%.

Which has been the better investment, LYV or WBD?

Over the past 10-year, LYV delivered the higher annualized total return — LYV at 22.17% versus WBD at 1.07%. Past performance doesn't predict future results.

Live Nation Entertainment, Inc. (LYV) vs Warner Bros. Discovery, Inc. (WBD)

LYV leads on 10 of 13 compared metrics.

A side-by-side comparison of Live Nation Entertainment, Inc. and Warner Bros. Discovery, Inc. across valuation, profitability, dividends, and growth — built entirely from reported fundamentals, as of June 25, 2026. The ● marks the stronger figure on each row (cheaper multiple, higher margin/return).

LYV

Live Nation Entertainment, Inc.

$39.90B

$171.47Communication Services

WBD

Warner Bros. Discovery, Inc.

$68.19B

$27.20Communication Services

Total return — LYV vs WBD

growth of $100 · last 21y

LYV +1480.4%WBD +240.4%LYV compounded faster

LYV WBD

LYV vs WBD: by the numbers

•WBD is the larger company ($68.19B vs $39.90B market cap).
•LYV is profitable (0.33% net margin) while WBD runs a net loss (-4.67%).
•LYV grew revenue faster over the past five years (100.74% vs 28.12% CAGR).

Which is better, LYV or WBD?

Metric tally: LYV 10 · WBD 3

It depends on what you're optimizing for:

GrowthLYV(faster 5Y revenue CAGR)

QualityLYV(higher ROIC)

Metrics side by side

Valuation

Metric	LYV	WBD
Forward P/E	69.03	—
P/S ratio	1.56●	1.82
P/B ratio	146.69	2.08●
EV / EBITDA	26.01	7.66●
FCF yield	3.10%	3.41%●

Profitability

Metric	LYV	WBD
Gross margin	44.74%●	41.48%
Operating margin	5.45%●	4.06%
Net margin	0.33%●	-4.67%
ROE	183.01%●	-5.33%
ROIC	7.87%●	0.68%

Growth (annualized)

Metric	LYV	WBD
Revenue CAGR (5Y)	100.74%●	28.12%
EPS CAGR (5Y)	13.01%●	-30.75%
FCF CAGR (5Y)	31.48%●	0.21%
Total return CAGR (5Y)	13.27%●	-2.15%

Frequently asked

Which is better, LYV or WBD?: It depends on your goal. growth: LYV (faster 5Y revenue CAGR); quality: LYV (higher ROIC). Across all compared metrics, LYV leads 10 to 3.
Which has grown faster, LYV or WBD?: Over the past five years, LYV grew revenue faster — LYV at a 100.74% CAGR versus WBD at 28.12%.
Is LYV or WBD more profitable?: LYV runs the higher net margin — LYV at 0.33% versus WBD at -4.67%.
Which has been the better investment, LYV or WBD?: Over the past 10-year, LYV delivered the higher annualized total return — LYV at 22.17% versus WBD at 1.07%. Past performance doesn't predict future results.

Go deeper

Full LYV analysis Full WBD analysis Interactive comparison tool

Dig into the metrics

Live Nation Entertainment P/E ratio Warner Bros. Discovery P/E ratio Live Nation Entertainment dividend yield Warner Bros. Discovery dividend yield Live Nation Entertainment ROE Warner Bros. Discovery ROE Live Nation Entertainment operating margin Warner Bros. Discovery operating margin Live Nation Entertainment revenue growth Warner Bros. Discovery revenue growth Live Nation Entertainment free cash flow Warner Bros. Discovery free cash flow

Live Nation Entertainment & Warner Bros. Discovery appear in these rankings

Fastest Revenue Growth Stocks Highest ROE Stocks Best 10-Year Total Return Stocks

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 25, 2026.