Best Buy Co Inc vs Live Nation Entertainment, Inc. — how do they compare? Best Buy Co Inc trades at $83.5 (market cap $17.55B), while Live Nation Entertainment, Inc. trades at $183.14 (market cap $42.71B). The key difference: Live Nation Entertainment, Inc. is far larger — about 2.4× Best Buy Co Inc's market cap, and Best Buy Co Inc pays a 4.61% dividend while Live Nation Entertainment, Inc. pays none. Which is the better fit depends on your goals.
| BBY | LYV | |
|---|---|---|
Market Cap | $17.55B | $42.71B |
Sector | Consumer Cyclical | Industrials |
52-Week High | $90.17 | $186.59 |
52-Week Low | $55.52 | $125.61 |
Enterprise Value | $19.93B | $44.92B |
Dividend Yield | 4.61% | — |
Trailing returns across standard periods
Latest headlines on both assets
With $51.8 billion in fiscal 2022 sales, Best Buy is the largest pure-play consumer electronics retailer in the U.S., with roughly 10.6% share of the aggregate market and north of 40% share of offline sales, per our calculations, CTA industry, and Euromonitor data. The firm generates the bulk of its sales in-store, with mobile phones and tablets, computers, and appliances representing its three largest categories. Recent investments in e-commerce fulfillment, accelerated by the COVID-19 pandemic, have seen the U.S. e-commerce channel roughly double from prepandemic levels, with management estimating that it will represent a mid-30% proportion of sales moving forward.
Read more on BBY →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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