Genuine Parts Company vs Live Nation Entertainment, Inc. — how do they compare? Genuine Parts Company trades at $135.22 (market cap $18.62B), while Live Nation Entertainment, Inc. trades at $183.14 (market cap $42.71B). The key difference: Live Nation Entertainment, Inc. is far larger — about 2.3× Genuine Parts Company's market cap, and Genuine Parts Company pays a 3.15% dividend while Live Nation Entertainment, Inc. pays none. Which is the better fit depends on your goals.
| GPC | LYV | |
|---|---|---|
Market Cap | $18.62B | $42.71B |
Sector | Consumer Cyclical | Industrials |
52-Week High | $149.26 | $186.59 |
52-Week Low | $92.47 | $125.61 |
Enterprise Value | $24.72B | $44.92B |
Dividend Yield | 3.15% | — |
Trailing returns across standard periods
Latest headlines on both assets
Genuine Parts sells automotive parts (about two thirds of net sales) and industrial components. The company sells vehicle parts to commercial and retail customers through roughly 9,700 stores worldwide, most of which are independently owned. Its industrial unit, primarily operating under the Motion Industries banner in the United States, supplies bearings, power transmission, industrial automation, hydraulic, and pneumatic components to maintenance, repair, and OEM clients.
Read more on GPC →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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