Live Nation Entertainment, Inc. vs Monster Beverage Corp — how do they compare? Live Nation Entertainment, Inc. trades at $180.98 (market cap $42.09B), while Monster Beverage Corp trades at $94.47 (market cap $93.35B). The key difference: Monster Beverage Corp is far larger — about 2.2× Live Nation Entertainment, Inc.'s market cap. Which is the better fit depends on your goals.
| LYV | MNST | |
|---|---|---|
Market Cap | $42.09B | $93.35B |
Sector | Industrials | Consumer Staples |
52-Week High | $186.59 | $99.94 |
52-Week Low | $125.61 | $58.75 |
Enterprise Value | $43.59B | $91.65B |
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 →Monster Beverage is a leader in the energy drink subsegment of the beverage industry. The Monster trademark anchors the portfolio, and notable offerings include Monster Energy and Monster Ultra. The firm has also started to incubate new trademarks for emerging enclaves of the energy space, like Reign in performance energy. It is primarily a brand owner, outsourcing most of its manufacturing processes to third-party copackers. It primarily uses the Coca-Cola bottling system for distribution after a strategic agreement in which Coke became Monster's largest shareholder (nearly 20%) and that also included the exchange of certain businesses between the two firms. Most of Monster's revenue is generated in the United States, though international geographies are increasing in the mix.
Read more on MNST →