AES Corp vs Live Nation Entertainment, Inc. — how do they compare? AES Corp trades at $14.72 (market cap $10.49B), while Live Nation Entertainment, Inc. trades at $183.14 (market cap $42.71B). The key difference: Live Nation Entertainment, Inc. is far larger — about 4.1× AES Corp's market cap, and AES Corp pays a 4.79% dividend while Live Nation Entertainment, Inc. pays none. Which is the better fit depends on your goals.
| AES | LYV | |
|---|---|---|
Market Cap | $10.49B | $42.71B |
Sector | Utilities | Industrials |
52-Week High | $17.28 | $186.59 |
52-Week Low | $12.51 | $125.61 |
Enterprise Value | $40.75B | $44.92B |
Dividend Yield | 4.79% | — |
Trailing returns across standard periods
AES is a global power company operating across 14 countries and 4 continents. Its current generation portfolio as of year-end 2021 consists of over 31 gigawatts of generation, with the generation mix composed of renewables (43%), gas (32%), coal (23%), and oil (2%). The company has 3.5 gigawatts of generation under construction. AES has majority ownership and operates six electric utilities distributing power to 2.6 million customers.
Read more on AES →Live Nation is the largest live entertainment firm in the world with over 570 million fans served in 44 countries in 2018 by the company's concert and ticketing platforms. Via either owning, operating, or holding exclusive booking rights, Live Nation controls over 235 venues including the House of Blues, the Hollywood Palladium, and Spark Arena in New Zealand. Live Nation also owns one of the largest ticketing services, Ticketmaster, which sold over 480 million tickets for over 12,000 clients in 2018. The firm's 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 33% of Live Nation, held under its SiriusXM tracking stock.
Read more on LYV →