Live Nation Entertainment, Inc. vs Trip.com Group Ltd — how do they compare? Live Nation Entertainment, Inc. trades at $180.98 (market cap $42.09B), while Trip.com Group Ltd trades at $43.78 (market cap $28.12B). The key difference: Live Nation Entertainment, Inc. is the larger of the two by market cap, and Trip.com Group Ltd pays a 0.42% dividend while Live Nation Entertainment, Inc. pays none. Which is the better fit depends on your goals.
| LYV | TCOM | |
|---|---|---|
Market Cap | $42.09B | $28.12B |
Sector | Industrials | Consumer Cyclical |
52-Week High | $186.59 | $78.96 |
52-Week Low | $125.61 | $39.84 |
Enterprise Value | $43.59B | $20.82B |
Dividend Yield | — | 0.42% |
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 →Trip.com is the largest online travel agent in China and is positioned to benefit from the country's rising demand for higher-margin outbound travel as passport penetration is only 12% in China. The company generated about 78% of sales from accommodation reservations and transportation ticketing in 2020. The rest of revenue comes from package tours and corporate travel. Prior to the pandemic in 2019, the company generated 25% of revenue from international business, which is important to its margin expansion. Most of sales come from websites and mobile platforms, while the rest come from call centers. The competes in a crowded OTA industry in China, including Meituan, Alibaba-backed Fliggy, Toncheng, and Qunar. The company was founded in 1999 and listed on the Nasdaq in December 2003.
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