Albemarle Corp. vs Live Nation Entertainment, Inc. — how do they compare? Albemarle Corp. trades at $131.54 (market cap $15.27B), while Live Nation Entertainment, Inc. trades at $183.14 (market cap $42.71B). The key difference: Live Nation Entertainment, Inc. is far larger — about 2.8× Albemarle Corp.'s market cap, and Albemarle Corp. pays a 1.27% dividend while Live Nation Entertainment, Inc. pays none. Which is the better fit depends on your goals.
| ALB | LYV | |
|---|---|---|
Market Cap | $15.27B | $42.71B |
Sector | Basic Materials | Industrials |
52-Week High | $215.62 | $186.59 |
52-Week Low | $72.58 | $125.61 |
Enterprise Value | $17.75B | $44.92B |
Dividend Yield | 1.27% | — |
Trailing returns across standard periods
Albemarle is the world's largest lithium producer. Our outlook for robust lithium demand is predicated upon increased demand for electric vehicle batteries. Albemarle produces lithium from its salt brine deposits in Chile and the U.S. and its hard rock joint venture mines in Australia. Albemarle is also a global leader in the production of bromine, used in flame retardants. The company is also a major producer of oil refining catalysts.
Read more on ALB →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.
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