Equinix Inc vs Live Nation Entertainment, Inc. — how do they compare? Equinix Inc trades at $1,032.41 (market cap $101.87B), while Live Nation Entertainment, Inc. trades at $183.14 (market cap $42.71B). The key difference: Equinix Inc is far larger — about 2.4× Live Nation Entertainment, Inc.'s market cap, and Equinix Inc pays a 2% dividend while Live Nation Entertainment, Inc. pays none. Which is the better fit depends on your goals.
| EQIX | LYV | |
|---|---|---|
Market Cap | $101.87B | $42.71B |
Sector | Real Estate | Industrials |
52-Week High | $1.12K | $186.59 |
52-Week Low | $726.09 | $125.61 |
Enterprise Value | $123.00B | $44.92B |
Dividend Yield | 2% | — |
Trailing returns across standard periods
Latest headlines on both assets
Equinix is a retail provider of data centers, enabling hundreds of enterprise tenants to house their servers and networking equipment in a collocated environment. Tenants can then connect with each other, through cloud service providers and telecom networks. Equinix operates 240 data centers in 66 markets worldwide and owns just less than half of them. The firm has roughly 10,000 customers, including 2,000 networks, that are dispersed over five verticals: Cloud and IT Services, Content Providers, Network and Mobile Services, Financial Services, and Enterprise. About 70% of Equinix's revenue comes from renting space to tenants and related services, and more than 15% comes from connecting customers with each other. Equinix operates as a real estate investment trust.
Read more on EQIX →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 →