Alcon AG vs Live Nation Entertainment, Inc. — how do they compare? Alcon AG trades at $72.78 (market cap $36.44B), while Live Nation Entertainment, Inc. trades at $185.84 (market cap $42.71B). The key difference: Live Nation Entertainment, Inc. is the larger of the two by market cap, and Alcon AG pays a 0.48% dividend while Live Nation Entertainment, Inc. pays none. Which is the better fit depends on your goals.
| ALC | LYV | |
|---|---|---|
Market Cap | $36.44B | $42.71B |
Sector | Health | Industrials |
52-Week High | $90.12 | $186.59 |
52-Week Low | $62.02 | $125.61 |
Enterprise Value | $40.28B | $44.92B |
Dividend Yield | 0.48% | — |
Trailing returns across standard periods
Alcon, headquartered in Fort Worth, Texas, is the global eyecare leader with a diverse portfolio in ophthalmology including contact lenses, eye drops, surgical equipment, and related surgical products. Novartis purchased Alcon from Nestle in 2010 and, following nine years as a Novartis subsidiary, the company was spun off as a public company in April 2019. The company reports five distinct segments: implantables (16% of revenue), consumables (31%), equipment (9%), contact lenses (27%), and ocular health (17%). The company is geographically diversified, with only about 40% of revenue from the U.S. market, and the firm has a strong presence in the European Union and Japan.
Read more on ALC →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 →