Live Nation Entertainment, Inc. vs PPG Industries, Inc. — how do they compare? Live Nation Entertainment, Inc. trades at $183.14 (market cap $42.71B), while PPG Industries, Inc. trades at $115.82 (market cap $25.82B). The key difference: Live Nation Entertainment, Inc. is the larger of the two by market cap, and PPG Industries, Inc. pays a 2.55% dividend while Live Nation Entertainment, Inc. pays none. Which is the better fit depends on your goals.
| LYV | PPG | |
|---|---|---|
Market Cap | $42.71B | $25.82B |
Sector | Industrials | Basic Materials |
52-Week High | $186.59 | $131.56 |
52-Week Low | $125.61 | $94.34 |
Enterprise Value | $44.92B | $31.69B |
Dividend Yield | — | 2.55% |
Trailing returns across standard periods
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 →PPG is a global producer of coatings. The company is the world's largest producer of coatings after the purchase of selected Akzo Nobel assets. PPG's products are sold to a wide variety of end users, including the automotive, aerospace, construction, and industrial markets. The company has a footprint in many regions around the globe, with less than half of sales coming from North America in recent years. PPG is focused on its coatings and specialty products and expansion into emerging regions, as exemplified by the Comex acquisition.
Read more on PPG →