Walt Disney vs Live Nation Entertainment
Walt Disney is the larger business, with $94.42bn of revenue in fiscal 2025 against $25.20bn for Live Nation Entertainment (3.7 times as much). Live Nation Entertainment grew faster (8.8% against 3.4%). Walt Disney kept more of each dollar of sales as profit: a net margin of 13.1% against 2.0%. Walt Disney carries less debt relative to equity (38.3% against 3051.1%).
| Latest fiscal year | Walt DisneyDIS, 2025 | Live Nation EntertainmentLYV, 2025 |
|---|---|---|
| Revenue | $94.42bn | $25.20bn |
| Revenue growth | 3.4% | 8.8% |
| Net income | $12.40bn | $496m |
| Operating margin | 18.6% | 5.0% |
| Net margin | 13.1% | 2.0% |
| Return on equity | 11.8% | — |
| Free cash flow | $10.08bn | $334m |
| Cash | $5.70bn | $7.09bn |
| Total debt | $42.03bn | $8.27bn |
| Debt to equity | 38.3% | 3051.1% |
| Dividend per share | — | — |
| Dividend yield | — | — |
| Share buybacks | $3.50bn | $23.5m |
| Employees | 231,000 | 17,700 |
| Market value | $199.00bn | $42.00bn |
| Price vs our value range | Above our value range | — |
| Moat score | 50 (Moderate) | 26 (Weak) |
| Insider trades, 12 months | 2 buys, 7 sales | 0 buys, 13 sales |