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

SMITHFIELD FOODS INC is the larger business by last-quarter revenue ($3.8B vs $3.8B, roughly 1.0× Live Nation Entertainment). SMITHFIELD FOODS INC runs the higher net margin — 6.6% vs -10.0%, a 16.6% gap on every dollar of revenue. On growth, Live Nation Entertainment posted the faster year-over-year revenue change (12.1% vs 0.8%). Over the past eight quarters, SMITHFIELD FOODS INC's revenue compounded faster (6.8% CAGR vs -20.6%).

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.

Smithfield Foods, Inc., is a Hong Kong-owned pork producer and food-processing company based in Smithfield, Virginia. Founded in 1936 as the Smithfield Packing Company by Joseph W. Luter and his son, the company is the largest pig and pork producer in the world. In addition to owning over 500 farms in the US, Smithfield contracts with another 2,000 independent farms around the country to raise Smithfield's pigs. Outside the US, the company has facilities in Mexico, Poland, Romania, Germany, S...

LYV vs SFD — Head-to-Head

Bigger by revenue
SFD
SFD
1.0× larger
SFD
$3.8B
$3.8B
LYV
Growing faster (revenue YoY)
LYV
LYV
+11.4% gap
LYV
12.1%
0.8%
SFD
Higher net margin
SFD
SFD
16.6% more per $
SFD
6.6%
-10.0%
LYV
Faster 2-yr revenue CAGR
SFD
SFD
Annualised
SFD
6.8%
-20.6%
LYV

Income Statement — Q1 FY2026 vs Q1 FY2027

Metric
LYV
LYV
SFD
SFD
Revenue
$3.8B
$3.8B
Net Profit
$-380.0M
$249.0M
Gross Margin
13.4%
Operating Margin
8.8%
Net Margin
-10.0%
6.6%
Revenue YoY
12.1%
0.8%
Net Profit YoY
9.8%
EPS (diluted)
$-1.85

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
SFD
SFD
Q1 26
$3.8B
$3.8B
Q4 25
$6.3B
$4.2B
Q3 25
$8.5B
$3.7B
Q2 25
$7.0B
$3.8B
Q1 25
$3.4B
$3.8B
Q4 24
$5.7B
$4.0B
Q3 24
$7.7B
$3.3B
Q2 24
$6.0B
Net Profit
LYV
LYV
SFD
SFD
Q1 26
$-380.0M
$249.0M
Q4 25
$-202.1M
$327.0M
Q3 25
$431.5M
$248.0M
Q2 25
$243.4M
$188.0M
Q1 25
$23.2M
$224.0M
Q4 24
$193.2M
$205.0M
Q3 24
$451.8M
$291.0M
Q2 24
$298.0M
Gross Margin
LYV
LYV
SFD
SFD
Q1 26
13.4%
Q4 25
14.2%
Q3 25
12.8%
Q2 25
13.2%
Q1 25
13.5%
Q4 24
13.5%
Q3 24
14.3%
Q2 24
Operating Margin
LYV
LYV
SFD
SFD
Q1 26
8.8%
Q4 25
-2.3%
9.5%
Q3 25
9.3%
8.3%
Q2 25
6.9%
6.9%
Q1 25
3.4%
8.5%
Q4 24
-4.3%
8.5%
Q3 24
8.4%
8.5%
Q2 24
7.7%
Net Margin
LYV
LYV
SFD
SFD
Q1 26
-10.0%
6.6%
Q4 25
-3.2%
7.7%
Q3 25
5.1%
6.6%
Q2 25
3.5%
5.0%
Q1 25
0.7%
5.9%
Q4 24
3.4%
5.2%
Q3 24
5.9%
8.7%
Q2 24
4.9%
EPS (diluted)
LYV
LYV
SFD
SFD
Q1 26
$-1.85
Q4 25
$-1.06
$0.83
Q3 25
$0.73
$0.63
Q2 25
$0.41
$0.48
Q1 25
$-0.32
$0.57
Q4 24
$0.58
$0.54
Q3 24
$1.66
$0.77
Q2 24
$1.03

Balance Sheet & Financial Strength

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

Metric
LYV
LYV
SFD
SFD
Cash + ST InvestmentsLiquidity on hand
$9.1B
$1.4B
Total DebtLower is stronger
Stockholders' EquityBook value
$481.8M
$6.9B
Total Assets
$26.1B
$12.0B
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
LYV
LYV
SFD
SFD
Q1 26
$9.1B
$1.4B
Q4 25
$7.1B
Q3 25
$6.8B
Q2 25
$7.1B
Q1 25
$7.2B
Q4 24
$6.1B
Q3 24
$5.5B
Q2 24
$6.4B
Total Debt
LYV
LYV
SFD
SFD
Q1 26
Q4 25
$7.6B
$2.0B
Q3 25
$6.1B
$2.0B
Q2 25
$5.0B
$2.0B
Q1 25
$5.9B
$2.0B
Q4 24
$6.2B
$2.0B
Q3 24
$5.7B
Q2 24
$5.1B
Stockholders' Equity
LYV
LYV
SFD
SFD
Q1 26
$481.8M
$6.9B
Q4 25
$271.0M
$6.8B
Q3 25
$521.3M
$6.5B
Q2 25
$360.1M
$6.3B
Q1 25
$106.0M
$6.2B
Q4 24
$173.3M
$5.8B
Q3 24
$288.0M
Q2 24
$-43.3M
Total Assets
LYV
LYV
SFD
SFD
Q1 26
$26.1B
$12.0B
Q4 25
$22.9B
$12.2B
Q3 25
$22.9B
$11.5B
Q2 25
$23.2B
$11.2B
Q1 25
$21.8B
$11.1B
Q4 24
$19.6B
$11.1B
Q3 24
$19.7B
Q2 24
$20.5B
Debt / Equity
LYV
LYV
SFD
SFD
Q1 26
Q4 25
28.09×
0.29×
Q3 25
11.71×
0.31×
Q2 25
13.86×
0.32×
Q1 25
55.93×
0.32×
Q4 24
35.65×
0.34×
Q3 24
19.70×
Q2 24

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
SFD
SFD
Operating Cash FlowLast quarter
$2.3B
Free Cash FlowOCF − Capex
$242.7M
FCF MarginFCF / Revenue
6.4%
Capex IntensityCapex / Revenue
0.8%
2.3%
Cash ConversionOCF / Net Profit
TTM Free Cash FlowTrailing 4 quarters
$-574.1M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
LYV
LYV
SFD
SFD
Q1 26
$2.3B
Q4 25
$-53.7M
$938.0M
Q3 25
$-95.7M
$13.0M
Q2 25
$223.5M
$274.0M
Q1 25
$1.3B
$-166.0M
Q4 24
$1.0B
Q3 24
$-720.9M
Q2 24
$412.1M
Free Cash Flow
LYV
LYV
SFD
SFD
Q1 26
$242.7M
Q4 25
$-405.6M
$842.0M
Q3 25
$-371.3M
$-75.0M
Q2 25
$-39.9M
$196.0M
Q1 25
$1.2B
$-245.0M
Q4 24
$890.2M
Q3 24
$-879.0M
Q2 24
$212.4M
FCF Margin
LYV
LYV
SFD
SFD
Q1 26
6.4%
Q4 25
-6.4%
19.9%
Q3 25
-4.4%
-2.0%
Q2 25
-0.6%
5.2%
Q1 25
34.0%
-6.5%
Q4 24
15.7%
Q3 24
-11.5%
Q2 24
3.5%
Capex Intensity
LYV
LYV
SFD
SFD
Q1 26
0.8%
2.3%
Q4 25
5.6%
2.3%
Q3 25
3.2%
2.3%
Q2 25
3.8%
2.1%
Q1 25
5.0%
2.1%
Q4 24
2.7%
2.1%
Q3 24
2.1%
2.8%
Q2 24
3.3%
Cash Conversion
LYV
LYV
SFD
SFD
Q1 26
Q4 25
2.87×
Q3 25
-0.22×
0.05×
Q2 25
0.92×
1.46×
Q1 25
56.94×
-0.74×
Q4 24
5.41×
Q3 24
-1.60×
Q2 24
1.38×

Financial Flow Comparison

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

Revenue Breakdown by Segment

LYV
LYV

Segment breakdown not available.

SFD
SFD

Packaged Meats$2.1B57%
Other$863.0M23%
Hog Production$769.0M20%
inter-segment sales eliminations$19.0M1%

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