Live Nation Entertainment, Inc. vs McCormick & Company, Incorporated — how do they compare? Live Nation Entertainment, Inc. trades at $180.98 (market cap $42.09B), while McCormick & Company, Incorporated trades at $52.01 (market cap $14.04B). The key difference: Live Nation Entertainment, Inc. is far larger — about 3× McCormick & Company, Incorporated's market cap, and McCormick & Company, Incorporated pays a 3.68% dividend while Live Nation Entertainment, Inc. pays none. Which is the better fit depends on your goals.
| LYV | MKC | |
|---|---|---|
Market Cap | $42.09B | $14.04B |
Sector | Industrials | Consumer Staples |
52-Week High | $186.59 | $72.81 |
52-Week Low | $125.61 | $45.60 |
Enterprise Value | $43.59B | $18.65B |
Dividend Yield | — | 3.68% |
Trailing returns across standard periods
Latest headlines on both assets
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 →In its 130-year history, McCormick has grown to become the leading global manufacturer, marketer, and distributor of spices, herbs, extracts, seasonings, and other flavorings. Beyond end consumers, McCormick's customer base also includes top quick-service restaurants, retail grocery chains, and other packaged food and beverage manufacturers, with about 30% of sales generated beyond its home turf to include 150 other countries and territories. In addition to its namesake brand, the firm's portfolio includes Old Bay, Zatarain's, Thai Kitchen, Frank's RedHot, French's, and the recently acquired Cholula brand.
Read more on MKC →