Live Nation Entertainment (STU:3LN) Retained Earnings : €-2,258 Mil (As of Mar. 2024)

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What is Live Nation Entertainment Retained Earnings?

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. Live Nation Entertainment's retained earnings for the quarter that ended in Mar. 2024 was €-2,258 Mil.

Live Nation Entertainment's quarterly retained earnings declined from Sep. 2023 (€-2,059 Mil) to Dec. 2023 (€-2,208 Mil) and declined from Dec. 2023 (€-2,208 Mil) to Mar. 2024 (€-2,258 Mil).

Live Nation Entertainment's annual retained earnings increased from Dec. 2021 (€-2,945 Mil) to Dec. 2022 (€-2,805 Mil) and increased from Dec. 2022 (€-2,805 Mil) to Dec. 2023 (€-2,208 Mil).

Live Nation Entertainment Retained Earnings Historical Data

The historical data trend for Live Nation Entertainment's Retained Earnings can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

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Live Nation Entertainment Retained Earnings Chart

Live Nation Entertainment Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Retained Earnings

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-854.40

-2,200.36

-2,945.05

-2,804.84

-2,208.09

Live Nation Entertainment Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Retained Earnings	Get a 7-Day Free Trial															-2,778.09	-2,474.30	-2,058.80	-2,208.09	-2,258.31

Live Nation Entertainment Retained Earnings Calculation

Retained Earnings is the accumulated portion of net income that is not distributed to shareholders. Because the net income was not distributed to shareholders, shareholders' equity is increased by the same amount.

Of course, if a company loses, it is called retained losses, or accumulated losses.

Live Nation Entertainment (STU:3LN) Retained Earnings Explanation

Historically profitable companies sometimes have negative retained earnings. This is because they have cumulatively paid out more to shareholders than they reported in profits.

For example, in 2011, Microsoft had negative retained earnings. This does not mean the company lost more money than it made over the years. It just means it paid out more money than it earned.

If a company has negative retained earnings, investors should check the 10-year financial results. They should not assume that negative retained earnings prove a company has generally lost money in the past.

Of course, many companies with negative retained earnings have indeed lost money in the past.

Retained Earnings: Warren Buffett's Secret.

One of the most important indicators of durable competitive advantage. Net earnings can be paid out as dividends, used to buy back shares or retained for growth.

If the company loses more than it has accumulated, retained earnings is negative.

If a company isn't adding to its retained earnings, it isn't growing its net worth.

Rate of growth of retained earnings is good indicator whether it's benefiting from a competitive advantage.

Microsoft is negative because it chose to buyback stock and pay dividends.

The more earnings retained, the faster it grows and increases growth rate for future earnings.

Live Nation Entertainment (STU:3LN) Business Description

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LYV:USA LYV:Mexico L1YV34:Brazil

Address

9348 Civic Center Drive, Beverly Hills, CA, USA, 90210

Website

https://www.livenationentertainment.com

Live Nation is the largest live entertainment firm in the world with over 670 million fans served in 48 countries in 2022 by the company's concert and ticketing platforms. Via either owning, operating, or holding exclusive booking rights, Live Nation controls over 338 venues including the House of Blues. Live Nation also owns one of the largest ticketing services, Ticketmaster, which sold over 550 million tickets for over 12,000 clients in 2022. Its artist management agencies have over 400 clients. This large live entertainment footprint helped Live Nation become one of the largest advertising and sponsorship platforms aimed at music fans. Liberty Media owns 31% of Live Nation, held under its Sirius XM tracking stock. Liberty plans to spin off its stake into a dedicated tracking stock.

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