Live Nation Entertainment, Inc. (LYV) vs Warner Bros. Discovery, Inc. (WBD)
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 August 9, 2026. Differences are shown without an overall score or investment verdict.
LYV
Live Nation Entertainment, Inc.
$180.66Communication ServicesAt close: Aug 7, 2026, 4:00 PM ET
WBD
Warner Bros. Discovery, Inc.
$26.78Communication ServicesAt close: Aug 7, 2026, 4:00 PM ET
Total return — LYV vs WBD
growth of $100 · dividends reinvested · last 21yLYV +1565.1%WBD +230.6%LYV compounded faster
Log scale — wide-divergence pair
LYV WBD
LYV vs WBD: by the numbers
- •WBD is the larger company ($67.14B vs $42.04B market cap).
- •LYV is profitable (0.51% net margin) while WBD runs a net loss (-8.77%).
- •LYV grew revenue faster over the past five years (82.79% vs 26.16% CAGR).
Metrics side by side
Valuation
| Metric | LYV | WBD |
|---|---|---|
| P/S ratio | 1.68 | 1.91 |
| P/B ratio | 535.50 | 2.10 |
| EV / EBITDA | 28.61 | 7.06 |
| FCF yield | 3.12% | 3.16% |
Profitability
| Metric | LYV | WBD |
|---|---|---|
| Gross margin | 23.01% | 28.18% |
| Operating margin | 3.44% | 5.35% |
| Net margin | 0.51% | -8.77% |
| ROE | 163.61% | -9.64% |
| ROIC | 7.87% | 0.68% |
Growth (annualized)
| Metric | LYV | WBD |
|---|---|---|
| Revenue CAGR (5Y) | 82.79% | 26.16% |
| EPS CAGR (5Y) | N/A | -30.75% |
| FCF CAGR (5Y) | 32.47% | 0.15% |
| Total return CAGR (5Y) | 16.16% | -1.61% |
Frequently asked
- Which has grown faster, LYV or WBD?
- Over the past five years, LYV grew revenue faster — LYV at a 82.79% CAGR versus WBD at 26.16%.
- Is LYV or WBD more profitable?
- LYV runs the higher net margin — LYV at 0.51% versus WBD at -8.77%.
- How have LYV and WBD total returns compared?
- Over the past 10 years, LYV delivered 21.14% and WBD delivered 0.17% annualized total return. Past performance doesn't predict future results.
Go deeper
Dig into the metrics
Live Nation Entertainment P/E ratioWarner Bros. Discovery P/E ratioLive Nation Entertainment dividend yieldWarner Bros. Discovery dividend yieldLive Nation Entertainment ROEWarner Bros. Discovery ROELive Nation Entertainment operating marginWarner Bros. Discovery operating marginLive Nation Entertainment revenue growthWarner Bros. Discovery revenue growthLive Nation Entertainment free cash flowWarner Bros. Discovery free cash flow
Live Nation Entertainment & Warner Bros. Discovery 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 August 9, 2026.