KKR & Co Inc vs Live Nation Entertainment, Inc. — how do they compare? KKR & Co Inc trades at $96.97 (market cap $87.07B), while Live Nation Entertainment, Inc. trades at $180.98 (market cap $42.09B). The key difference: KKR & Co Inc is far larger — about 2.1× Live Nation Entertainment, Inc.'s market cap, and KKR & Co Inc pays a 0.77% dividend while Live Nation Entertainment, Inc. pays none. Which is the better fit depends on your goals.
| KKR | LYV | |
|---|---|---|
Market Cap | $87.07B | $42.09B |
Sector | Financials | Industrials |
52-Week High | $152.16 | $186.59 |
52-Week Low | $83.88 | $125.61 |
Enterprise Value | $12.59B | $43.59B |
Dividend Yield | 0.77% | — |
Trailing returns across standard periods
Latest headlines on both assets
KKR is one of the world's largest alternative asset managers, with $490.7 billion in total assets under management, including $384.5 billion in fee-earning AUM, at the end of June 2022. The company has two core segments: asset management (which includes private markets--private equity, credit, infrastructure, energy and real estate--and public markets--primarily credit and hedge/investment fund platforms) and insurance (following the February 2021 purchase of a 61.5% economic stake in Global Atlantic Financial Group, which is engaged in retirement/annuity and life insurance lines as well as reinsurance). On the asset management side, private markets account for 50% of fee-earning AUM and 70% of base management fees, while public markets account for 50% and 30%, respectively.
Read more on KKR →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 →