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Side-by-side financial comparison of Live Nation Entertainment (LYV) and SONIC AUTOMOTIVE INC (SAH). Click either name above to swap in a different company.

Live Nation Entertainment is the larger business by last-quarter revenue ($6.3B vs $3.9B, roughly 1.6× SONIC AUTOMOTIVE INC). SONIC AUTOMOTIVE INC runs the higher net margin — 1.2% vs -3.2%, a 4.4% gap on every dollar of revenue. On growth, Live Nation Entertainment posted the faster year-over-year revenue change (11.1% vs -0.6%). SONIC AUTOMOTIVE INC produced more free cash flow last quarter ($-195.6M vs $-405.6M). Over the past eight quarters, Live Nation Entertainment's revenue compounded faster (28.9% CAGR vs 7.0%).

Live Nation Entertainment, Inc. is an American multinational entertainment company that was founded in 2010 following the merger of Live Nation and Ticketmaster. It continues to operate both brands as subsidiary companies, promoting and managing ticket sales for live entertainment internationally. It also owns and operates entertainment venues and manages the careers of music artists.

Sonic Automotive is a Fortune 500 company based in Charlotte, North Carolina, and is the fifth largest automotive retailer in the United States as measured by total revenues. The company was founded by O Bruton Smith and completed its initial public offering on the NYSE in 1997.

LYV vs SAH — Head-to-Head

Bigger by revenue
LYV
LYV
1.6× larger
LYV
$6.3B
$3.9B
SAH
Growing faster (revenue YoY)
LYV
LYV
+11.8% gap
LYV
11.1%
-0.6%
SAH
Higher net margin
SAH
SAH
4.4% more per $
SAH
1.2%
-3.2%
LYV
More free cash flow
SAH
SAH
$210.0M more FCF
SAH
$-195.6M
$-405.6M
LYV
Faster 2-yr revenue CAGR
LYV
LYV
Annualised
LYV
28.9%
7.0%
SAH

Income Statement — Q4 FY2025 vs Q4 FY2025

Metric
LYV
LYV
SAH
SAH
Revenue
$6.3B
$3.9B
Net Profit
$-202.1M
$46.9M
Gross Margin
15.5%
Operating Margin
-2.3%
3.2%
Net Margin
-3.2%
1.2%
Revenue YoY
11.1%
-0.6%
Net Profit YoY
-204.6%
-20.0%
EPS (diluted)
$-1.06
$1.39

Green = leading value per metric. Periods may differ when fiscal calendars don't align.

8-Quarter Revenue & Profit Trend

Side-by-side quarterly history. Quarters aligned by calendar period so offset fiscal years line up.

Revenue
LYV
LYV
SAH
SAH
Q4 25
$6.3B
$3.9B
Q3 25
$8.5B
$4.0B
Q2 25
$7.0B
$3.7B
Q1 25
$3.4B
$3.7B
Q4 24
$5.7B
$3.9B
Q3 24
$7.7B
$3.5B
Q2 24
$6.0B
$3.5B
Q1 24
$3.8B
$3.4B
Net Profit
LYV
LYV
SAH
SAH
Q4 25
$-202.1M
$46.9M
Q3 25
$431.5M
$46.8M
Q2 25
$243.4M
$-45.6M
Q1 25
$23.2M
$70.6M
Q4 24
$193.2M
$58.6M
Q3 24
$451.8M
$74.2M
Q2 24
$298.0M
$41.2M
Q1 24
$-46.7M
$42.0M
Gross Margin
LYV
LYV
SAH
SAH
Q4 25
15.5%
Q3 25
15.5%
Q2 25
16.5%
Q1 25
15.5%
Q4 24
14.7%
Q3 24
15.6%
Q2 24
15.6%
Q1 24
15.8%
Operating Margin
LYV
LYV
SAH
SAH
Q4 25
-2.3%
3.2%
Q3 25
9.3%
3.1%
Q2 25
6.9%
-0.6%
Q1 25
3.4%
4.0%
Q4 24
-4.3%
3.4%
Q3 24
8.4%
3.3%
Q2 24
7.7%
3.1%
Q1 24
-1.0%
3.2%
Net Margin
LYV
LYV
SAH
SAH
Q4 25
-3.2%
1.2%
Q3 25
5.1%
1.2%
Q2 25
3.5%
-1.2%
Q1 25
0.7%
1.9%
Q4 24
3.4%
1.5%
Q3 24
5.9%
2.1%
Q2 24
4.9%
1.2%
Q1 24
-1.2%
1.2%
EPS (diluted)
LYV
LYV
SAH
SAH
Q4 25
$-1.06
$1.39
Q3 25
$0.73
$1.33
Q2 25
$0.41
$-1.34
Q1 25
$-0.32
$2.04
Q4 24
$0.58
$1.67
Q3 24
$1.66
$2.13
Q2 24
$1.03
$1.18
Q1 24
$-0.53
$1.20

Balance Sheet & Financial Strength

Snapshot of each company's liquidity, leverage and book value from the latest quarter.

Metric
LYV
LYV
SAH
SAH
Cash + ST InvestmentsLiquidity on hand
$7.1B
$6.3M
Total DebtLower is stronger
$7.6B
$1.6B
Stockholders' EquityBook value
$271.0M
$1.1B
Total Assets
$22.9B
$6.0B
Debt / EquityLower = less leverage
28.09×
1.51×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
LYV
LYV
SAH
SAH
Q4 25
$7.1B
$6.3M
Q3 25
$6.8B
$89.4M
Q2 25
$7.1B
$110.4M
Q1 25
$7.2B
$64.6M
Q4 24
$6.1B
$44.0M
Q3 24
$5.5B
$17.6M
Q2 24
$6.4B
$67.2M
Q1 24
$6.5B
$15.1M
Total Debt
LYV
LYV
SAH
SAH
Q4 25
$7.6B
$1.6B
Q3 25
$6.1B
$1.5B
Q2 25
$5.0B
$1.5B
Q1 25
$5.9B
$1.6B
Q4 24
$6.2B
$1.6B
Q3 24
$5.7B
$1.7B
Q2 24
$5.1B
$1.7B
Q1 24
$5.1B
$1.7B
Stockholders' Equity
LYV
LYV
SAH
SAH
Q4 25
$271.0M
$1.1B
Q3 25
$521.3M
$1.1B
Q2 25
$360.1M
$1.0B
Q1 25
$106.0M
$1.1B
Q4 24
$173.3M
$1.1B
Q3 24
$288.0M
$1.0B
Q2 24
$-43.3M
$944.7M
Q1 24
$-114.8M
$904.4M
Total Assets
LYV
LYV
SAH
SAH
Q4 25
$22.9B
$6.0B
Q3 25
$22.9B
$6.0B
Q2 25
$23.2B
$5.9B
Q1 25
$21.8B
$5.9B
Q4 24
$19.6B
$5.9B
Q3 24
$19.7B
$5.8B
Q2 24
$20.5B
$5.8B
Q1 24
$20.0B
$5.4B
Debt / Equity
LYV
LYV
SAH
SAH
Q4 25
28.09×
1.51×
Q3 25
11.71×
1.39×
Q2 25
13.86×
1.48×
Q1 25
55.93×
1.44×
Q4 24
35.65×
1.49×
Q3 24
19.70×
1.67×
Q2 24
1.81×
Q1 24
1.83×

Cash Flow & Capital Efficiency

How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.

Metric
LYV
LYV
SAH
SAH
Operating Cash FlowLast quarter
$-53.7M
$66.9M
Free Cash FlowOCF − Capex
$-405.6M
$-195.6M
FCF MarginFCF / Revenue
-6.4%
-5.1%
Capex IntensityCapex / Revenue
5.6%
6.8%
Cash ConversionOCF / Net Profit
1.43×
TTM Free Cash FlowTrailing 4 quarters
$333.6M
$192.3M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
LYV
LYV
SAH
SAH
Q4 25
$-53.7M
$66.9M
Q3 25
$-95.7M
$167.9M
Q2 25
$223.5M
$136.8M
Q1 25
$1.3B
$195.8M
Q4 24
$1.0B
$87.7M
Q3 24
$-720.9M
$87.8M
Q2 24
$412.1M
$-136.4M
Q1 24
$988.9M
$70.1M
Free Cash Flow
LYV
LYV
SAH
SAH
Q4 25
$-405.6M
$-195.6M
Q3 25
$-371.3M
$134.4M
Q2 25
$-39.9M
$102.7M
Q1 25
$1.2B
$150.8M
Q4 24
$890.2M
$-245.5M
Q3 24
$-879.0M
$34.5M
Q2 24
$212.4M
$-185.2M
Q1 24
$854.8M
$26.3M
FCF Margin
LYV
LYV
SAH
SAH
Q4 25
-6.4%
-5.1%
Q3 25
-4.4%
3.4%
Q2 25
-0.6%
2.8%
Q1 25
34.0%
4.1%
Q4 24
15.7%
-6.3%
Q3 24
-11.5%
1.0%
Q2 24
3.5%
-5.4%
Q1 24
22.5%
0.8%
Capex Intensity
LYV
LYV
SAH
SAH
Q4 25
5.6%
6.8%
Q3 25
3.2%
0.8%
Q2 25
3.8%
0.9%
Q1 25
5.0%
1.2%
Q4 24
2.7%
8.6%
Q3 24
2.1%
1.5%
Q2 24
3.3%
1.4%
Q1 24
3.5%
1.3%
Cash Conversion
LYV
LYV
SAH
SAH
Q4 25
1.43×
Q3 25
-0.22×
3.59×
Q2 25
0.92×
Q1 25
56.94×
2.77×
Q4 24
5.41×
1.50×
Q3 24
-1.60×
1.18×
Q2 24
1.38×
-3.31×
Q1 24
1.67×

Financial Flow Comparison

Revenue → gross profit → operating profit → net profit for each company.

Revenue Breakdown by Segment

LYV
LYV

Concerts$5.1B82%
Ticketing$846.2M13%
Sponsorship And Advertising$329.9M5%

SAH
SAH

Retail New Vehicles$1.9B48%
Other$1.2B31%
Parts Serviceand Collision Repair$515.2M13%
Finance Insurance And Other Net$202.2M5%
Wholesale Vehicles$63.9M2%
Fleet New Vehicles$24.0M1%

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