---
title: "Live Nation Entertainment: Competitors"
description: "Live Nation Entertainment compared with companies that share its SEC industry classification: revenue, growth and margins from SEC filings."
canonical: https://www.getswoopr.com/stocks/companies/live-nation-entertainment/competitors/
source: "Swoopr Investment: https://www.getswoopr.com"
---

# Live Nation Entertainment: Competitors & Industry Structure

## Direct Answer

SEC EDGAR classifies Live Nation Entertainment under SIC code 7900 (Services-Amusement & Recreation Services). Among Swoopr's S&P 500 Equal Weight companies, 11 others share that classification; by latest reported revenue, Live Nation Entertainment ranks 1 of 12. A filing classification is a starting point: a company's real competitors depend on its segments, which its 10-K describes.

## How Does Live Nation Entertainment Compare With Its Peers?

| Company | Revenue (latest FY) | Revenue growth | Operating margin | Net margin |
| --- | --- | --- | --- | --- |
| **Live Nation Entertainment (LYV)** | $25.2 billion FY2025 | 8.8% | 5.0% | 2.0% |
| [Warner Music Group Corp. (WMG)](https://www.getswoopr.com/stocks/companies/warner-music-group-corp/) | $6.7 billion FY2025 | 4.4% | 10.3% | 5.4% |
| [TKO Group Holdings (TKO)](https://www.getswoopr.com/stocks/companies/tko-group-holdings/) | $4.7 billion FY2025 | -3.1% | 17.6% | 11.5% |
| [Accel Entertainment Inc. (ACEL)](https://www.getswoopr.com/stocks/companies/accel-entertainment-inc/) | $1.3 billion FY2025 | 8.1% | 8.1% | 3.9% |
| [Lucky Strike Entertainment Corporation (LUCK)](https://www.getswoopr.com/stocks/companies/lucky-strike-entertainment-corporation/) | $1.2 billion FY2026 | 3.7% | 11.0% | -2.9% |
| [Atlanta Braves Holdings Inc. (BATRA)](https://www.getswoopr.com/stocks/companies/atlanta-braves-holdings-inc/) | $732 million FY2025 | 10.5% | -1.8% | -3.2% |
| [Liberty Live Holdings Inc. (LLYVK)](https://www.getswoopr.com/stocks/companies/liberty-live-holdings-inc/) | $382 million FY2025 | 12.2% | -13.5% | -22.8% |
| [Reservoir Media Inc. (RSVR)](https://www.getswoopr.com/stocks/companies/reservoir-media-inc/) | $176 million FY2026 | 10.7% | 21.8% | 4.5% |
| [GameSquare Holdings Inc. (GAME)](https://www.getswoopr.com/stocks/companies/gamesquare-holdings-inc/) | $45 million FY2025 | 63.4% | -56.1% | -89.1% |
| [Venu Holding Corporation (VENU)](https://www.getswoopr.com/stocks/companies/venu-holding-corporation/) | $18 million FY2025 | 0.4% | -257.8% | -246.4% |
| [All In FutureTech Alliance Inc. (AIFA)](https://www.getswoopr.com/stocks/companies/all-in-futuretech-alliance-inc/) | $8 million FY2025 | -12.2% | -489.7% | -434.1% |
| [NOMADAR Corp. (NOMA)](https://www.getswoopr.com/stocks/companies/nomadar-corp/) | $6,376 FY2025 | -20.5% | -42213.1% | -43402.1% |

Revenue growth compares each company's latest fiscal year with the one before. Fiscal years do not always end on the same date, so treat close comparisons with care.

![Bar chart of operating margin for Live Nation Entertainment and 7 peers: Live Nation Entertainment (LYV) 5.0%, Warner Music Group Corp. (WMG) 10.3%, TKO Group Holdings (TKO) 17.6%, Accel Entertainment Inc. (ACEL) 8.1%, Lucky Strike Entertainment Corporation (LUCK) 11.0%, Atlanta Braves Holdings Inc. (BATRA) -1.8%, Liberty Live Holdings Inc. (LLYVK) -13.5%, Reservoir Media Inc. (RSVR) 21.8%.](https://www.getswoopr.com/images/charts/live-nation-entertainment-competitors-peer-margins.webp)
*Operating margin of Live Nation Entertainment against companies sharing its SEC industry classification, from the table above. Select the chart to open it full size.*

## How Does Live Nation Entertainment Rank Among All SEC Filers in Its Industry Code?

12 companies with annual reports in Swoopr's SEC dataset share SIC code 7900 (Services-Amusement & Recreation Services), a wider group than the S&P 500 Equal Weight companies above. Ranks run from 1 (highest) and use each company's latest fiscal year, in U.S. dollars.

| Measure | Live Nation Entertainment | Median of filers | Rank |
| --- | --- | --- | --- |
| Revenue | $25.2 billion | $557 million | 1 of 12 |
| Revenue growth | 8.8% | 6.2% | 5 of 12 |
| Operating margin | 5.0% | 1.6% | 6 of 12 |
| Net margin | 2.0% | -3.0% | 5 of 12 |

A SIC code reflects the filer's main business as the SEC records it, so the group mixes companies of very different size; the median is a better guide than the average, and a rank near the top by revenue says nothing about quality.

## Where These Numbers Come From

Every figure on this page is a value Live Nation Entertainment reported in its own SEC filings, read from the SEC's XBRL data (accession 0001335258-26-000009 for fiscal year 2025). Ratios are computed from those reported values. Figures were retrieved on October 12, 2026; a later amendment or a new annual report can change them, and the filing itself always takes precedence over this summary.

Each fiscal year is labeled by the calendar year in which it ended, so a company that names the same period differently in its own filings (many retailers whose year ends in January) may use another label. A year is left out of the table when the SEC data set holds no value for it. A figure shown as "Not reported" means the company did not file a value under the standard tag Swoopr reads, not that the amount was zero. This page is educational and describes reported history only; it is not a forecast or a recommendation.

## Frequently Asked Questions

### Who are Live Nation Entertainment's competitors?

Companies sharing Live Nation Entertainment's SEC classification (SIC code 7900 (Services-Amusement & Recreation Services)) include Warner Music Group Corp. (WMG), TKO Group Holdings (TKO), Accel Entertainment Inc. (ACEL), Lucky Strike Entertainment Corporation (LUCK), Atlanta Braves Holdings Inc. (BATRA). Its 10-K names the competitors it considers most relevant.

### How does Live Nation Entertainment compare with its peers on margins?

Live Nation Entertainment's fiscal 2025 operating margin was 5.0%, against a peer median of -1.8%.

### How are these peers chosen?

By the SEC Standard Industrial Classification code each company files under, within Swoopr's S&P 500 Equal Weight company set, falling back to the two-digit major group when fewer than two companies share the exact code. Classification codes are broad, so read the peer list as a screen, not a verdict.

### How does Live Nation Entertainment rank among all companies in its SEC industry?

Among 12 SEC filers under SIC code 7900, Live Nation Entertainment ranks 1 by latest revenue, and 6 of 12 by operating margin (5.0% against a median of 1.6%).

## References

- [SEC EDGAR: Live Nation Entertainment, Inc. Form 10-K filed February 19, 2026](https://www.sec.gov/Archives/edgar/data/1335258/000133525826000009/lyv-20251231.htm)
- [SEC EDGAR: Live Nation Entertainment, Inc. annual and quarterly filings](https://www.sec.gov/cgi-bin/browse-edgar?action=getcompany&CIK=1335258&type=10-K)
- [SEC: EDGAR application programming interfaces (XBRL frames and submissions data)](https://www.sec.gov/search-filings/edgar-application-programming-interfaces)

## Related Pages

- [Live Nation Entertainment company dossier](https://www.getswoopr.com/stocks/companies/live-nation-entertainment/)
- [Live Nation Entertainment financial metrics](https://www.getswoopr.com/stocks/companies/live-nation-entertainment/metrics/)
- [Live Nation Entertainment financial risk indicators](https://www.getswoopr.com/stocks/companies/live-nation-entertainment/risks/)
- [Live Nation Entertainment peer comparison](https://www.getswoopr.com/stocks/companies/live-nation-entertainment/competitors/)
- [Live Nation Entertainment business model and revenue mix](https://www.getswoopr.com/stocks/companies/live-nation-entertainment/business-model/)
- [Fundamental analysis guides](https://www.getswoopr.com/learn/fundamental-analysis/)

**[Swoopr Editorial Team](https://www.getswoopr.com/authors/swoopr-editorial-team/)**

Swoopr's editorial team produces independent investment education content reviewed for accuracy and clarity. We do not provide personalized financial advice. See our [editorial policy](https://www.getswoopr.com/legal/editorial-policy/) and [corrections policy](https://www.getswoopr.com/legal/corrections-policy/).
