LYV
Live Nation Entertainment, Inc.
LYV's outlook is improving, though it still trails on the overall score.
TMUS
T-Mobile US, Inc.
TMUS has the edge over LYV overall, supported by stronger valuation and stronger modeled upside.
LYV Fundamentals
| Metric | Status |
|---|---|
| Healthy | |
| Under pressure | |
| Under pressure | |
| Healthy |
LYV's revenue and balance sheet are currently healthy, but its profitability and cash flow are under pressure.
TMUS Fundamentals
| Metric | Status |
|---|---|
| Stable | |
| Healthy | |
| Strong | |
| Strong |
TMUS's profitability, cash flow and balance sheet are currently healthy, and its revenue is stable.
LYV PE Valuation
LYV has no meaningful PE right now: it lost money over the past year.
TMUS PE Valuation
| Level | PE | Price | Vs current |
|---|---|---|---|
| Forward | 13x | $171 | — |
| Current | 16x | $171 | — |
| Cheap | 21x | $218 | +27% |
| Fair | 26x | $274 | +60% |
| Expensive | 56x | $581 | +240% |
Historical ranges are pointers, not guarantees.
TMUS's PE is in its cheap range at 16x. If earnings grow as analysts expect, today's price would be 13x next year's earnings.
LYV Forward outlook
| Metric | Outlook |
|---|---|
| -- | |
| Strong growth | |
| Growth | |
| Stable | |
| Limited | |
| Low |
Analysts expect earnings and revenue growth for LYV, with profitability holding steady. However, they disagree widely on these estimates.
TMUS Forward outlook
| Metric | Outlook |
|---|---|
| Strongly improving | |
| Strong growth | |
| Growth | |
| Strongly improving | |
| Limited | |
| Moderate |
TMUS has the edge over LYV on the outlook, with more favorable profitability expectations.
LYV Earnings Per Share
| Quarter | TTM EPS | YoY |
|---|---|---|
| Forward | $1.39 | — |
| Q3 2026 | -$0.17 | -112% |
| Q2 2026 | -$1.13 | -148% |
| Q1 2026 | -$1.77 | -159% |
| Q4 2025 | -$0.24 | -109% |
| Q3 2025 | $1.43 | +46% |
| Q2 2025 | $2.36 | +115% |
| Q1 2025 | $2.98 | +173% |
| Q4 2024 | $2.77 | +102% |
LYV has swung to a loss: it lost $0.17 per share over the past year, after a profit the year before.
TMUS Earnings Per Share
| Quarter | TTM EPS | YoY |
|---|---|---|
| Forward | $13.49 | +30% |
| Q3 2026 | $10.37 | -0.2% |
| Q2 2026 | $9.56 | -9.7% |
| Q1 2026 | $9.41 | -8.1% |
| Q4 2025 | $9.72 | +0.6% |
| Q3 2025 | $10.39 | +18% |
| Q2 2025 | $10.59 | +33% |
| Q1 2025 | $10.24 | +39% |
| Q4 2024 | $9.66 | +39% |
TMUS has the edge over LYV on earnings quality, reporting a profit while its opponent remains loss making.
LYV Quarterly Revenue
| Quarter | Revenue | YoY |
|---|---|---|
| Q3 2026 | $10.1B | +19% |
| Q2 2026 | $7.7B | +9.4% |
| Q1 2026 | $3.8B | +12% |
| Q4 2025 | $6.3B | +11% |
| Q3 2025 | $8.5B | +11% |
| Q2 2025 | $7B | +16% |
| Q1 2025 | $3.4B | -11% |
| Q4 2024 | $5.7B | -2.7% |
LYV's revenue has grown year over year for six quarters in a row: $10.1B last quarter, up 19% from the same quarter a year ago.
| Quarter | Margin | YoY |
|---|---|---|
| Q3 2026 | 8.8% | -0.5 points |
| Q2 2026 | 6.8% | -0.1 points |
| Q1 2026 | -9.8% | -13 points |
| Q4 2025 | -2.3% | +2 points |
| Q3 2025 | 9.3% | +1 points |
| Q2 2025 | 7% | -0.8 points |
| Q1 2025 | 3.4% | +4.3 points |
| Q4 2024 | -4.2% | -2.8 points |
LYV's operating margin was 8.8% last quarter, about level with the same quarter a year ago, near the top of its range since 2019.
TMUS Quarterly Revenue
| Quarter | Revenue | YoY |
|---|---|---|
| Q3 2026 | $23.6B | +7.4% |
| Q2 2026 | $22.8B | +7.9% |
| Q1 2026 | $23.1B | +11% |
| Q4 2025 | $24.3B | +11% |
| Q3 2025 | $22B | +8.9% |
| Q2 2025 | $21.1B | +6.9% |
| Q1 2025 | $20.9B | +6.6% |
| Q4 2024 | $21.9B | +6.8% |
TMUS's revenue has grown year over year for 10 quarters in a row: $23.6B last quarter, up 7.4% from the same quarter a year ago.
| Quarter | Margin | YoY |
|---|---|---|
| Q3 2026 | 24% | +3.4 points |
| Q2 2026 | 24% | -0.6 points |
| Q1 2026 | 19% | -3.5 points |
| Q4 2025 | 15% | -5.6 points |
| Q3 2025 | 21% | -3.2 points |
| Q2 2025 | 25% | +1.3 points |
| Q1 2025 | 23% | +2.6 points |
| Q4 2024 | 21% | +4 points |
TMUS has the edge over LYV on profitability, with a higher operating margin.
LYV Free Cash Flow
| Quarter | Free cash flow | YoY |
|---|---|---|
| Q3 2026 | -$861M | -$489.7M |
| Q2 2026 | $129.7M | +$169.7M |
| Q1 2026 | $2B | +76% |
| Q4 2025 | -$405.6M | -146% |
| Q3 2025 | -$371.3M | +$507.7M |
| Q2 2025 | -$39.9M | -119% |
| Q1 2025 | $1.2B | +35% |
| Q4 2024 | $890.2M | +88% |
LYV usually generates cash, though not every quarter: the latest was −$861M, but it generated $893M over the past year.
TMUS Free Cash Flow
| Quarter | Free cash flow | YoY |
|---|---|---|
| Q3 2026 | $5.1B | +5.3% |
| Q2 2026 | $4.8B | +4.4% |
| Q1 2026 | $4.6B | +4.6% |
| Q4 2025 | $4.2B | +25% |
| Q3 2025 | $4.8B | +15% |
| Q2 2025 | $4.6B | +32% |
| Q1 2025 | $4.4B | +79% |
| Q4 2024 | $3.3B | +2% |
TMUS has the edge over LYV on cash flow, with more consistent year-over-year improvement.
LYV Total Shares
| Period | Change % | Net change |
|---|---|---|
| Quarterly | +5.1% | +12.3M shares |
| 1 year | +9.2% | +21.6M shares |
| 3 years | +5% | +12.2M shares |
| 5 years | +15% | +32.6M shares |
| Available history | +22% | +46.3M shares |
LYV has 256M diluted shares, up 9.2% from a year ago.
TMUS Total Shares
| Period | Change % | Net change |
|---|---|---|
| Quarterly | -1% | -10.8M shares |
| 1 year | -4.9% | -55M shares |
| 3 years | -8.8% | -103M shares |
| 5 years | -15% | -182M shares |
| Available history | +24% | +207M shares |
TMUS has the edge over LYV on shareholder dilution, with a more favorable share count trend.
| Quarter | Spent |
|---|---|
| Q3 2026 | $2.4B |
| Q2 2026 | $2.3B |
| Q1 2026 | $4.8B |
| Q4 2025 | $2.4B |
| Q3 2025 | $2.5B |
| Q2 2025 | $2.6B |
| Q1 2025 | $2.5B |
| Q4 2024 | $4.7B |
TMUS spent $12B buying back its own shares over the past year, down 1.7% from the year before.
LYV Net Leverage
| Quarter | Net Leverage | Status |
|---|---|---|
| Q3 2026 | 0.9x | Very low |
| Q2 2026 | 0.1x | Very low |
| Q1 2026 | -0.4x | Net Cash |
| Q4 2025 | 0.6x | Very low |
| Q3 2025 | 0.3x | Very low |
| Q2 2025 | -0.4x | Net Cash |
| Q1 2025 | -0.5x | Net Cash |
| Q4 2024 | 0.3x | Very low |
LYV's net debt is less than a year of its operating earnings (EBITDA).
TMUS Net Leverage
| Quarter | Net Leverage | Status |
|---|---|---|
| Q3 2026 | 0.0x | Very low |
| Q2 2026 | 0.1x | Very low |
| Q1 2026 | -0.0x | Net Cash |
| Q4 2025 | 2.5x | Moderate |
| Q3 2025 | 0.1x | Very low |
| Q2 2025 | -0.1x | Net Cash |
| Q1 2025 | -0.1x | Net Cash |
| Q4 2024 | 2.4x | Moderate |
TMUS has the edge over LYV on leverage, with a lower net debt burden relative to earnings.
LYV Weekly Momentum
| Metric | Value | Status |
|---|---|---|
| RSI | 58.1 | Neutral |
| Stochastic | 53.0 | Neutral |
LYV's weekly RSI is 58 (neutral) and its Stochastic is 53 (neutral).
TMUS Weekly Momentum
| Metric | Value | Status |
|---|---|---|
| RSI | 47.9 | Neutral |
| Stochastic | 42.1 | Neutral |
TMUS's weekly RSI is 48 (neutral) and its Stochastic is 42 (neutral).
LYV PE vs Communication Services Sector
| Metric | LYV | Sector median | Relative |
|---|---|---|---|
| PE | N/A | 16x | — |
LYV has no meaningful PE right now: it lost money over the past year.
TMUS PE vs Communication Services Sector
| Metric | TMUS | Sector median | Relative |
|---|---|---|---|
| PE | 16x | 16x | Same PE |
| PE % | 1 | 26 | 25 pts below |
TMUS is trading at 16x earnings, in line with the Communication Services sector's median of 16x.
LYV Weekly Moving Averages
| Moving average | MA price | Relative |
|---|---|---|
| 8 week MA | $173.4 | 3.9% above |
| 20 week MA | $176.4 | 2.1% above |
| 50 week MA | $163.8 | 9.9% above |
| 100 week MA | $153.8 | 17% above |
| 200 week MA | $122.8 | 47% above |
LYV has the edge over TMUS on trend strength, trading above more of its moving averages.
TMUS Weekly Moving Averages
| Moving average | MA price | Relative |
|---|---|---|
| 8 week MA | $159.1 | 7.5% above |
| 20 week MA | $172.0 | 0.5% below |
| 50 week MA | $187.8 | 8.9% below |
| 100 week MA | $212.9 | 20% below |
| 200 week MA | $188.7 | 9.4% below |
TMUS has bounced recently, but its long-term trend is still down: it's above its 8-week average, but 9.4% below its 200-week average.
LYV Yearly ROI
| Year | Start price | End price | ROI |
|---|---|---|---|
| 2020 | $71.7 | $71.6 | 0% |
| 2021 | $71.6 | $118.5 | +65% |
| 2022 | $118.5 | $70.7 | -40% |
| 2023 | $70.7 | $93.6 | +32% |
| 2024 | $93.6 | $131.9 | +41% |
| 2025 | $131.9 | $145.8 | +11% |
| 2026 YTD | $145.8 | $180.1 | +24% |
LYV has the edge over TMUS on returns for 2026, with the stronger performance.
TMUS Yearly ROI
| Year | Start price | End price | ROI |
|---|---|---|---|
| 2020 | $77.2 | $132.9 | +72% |
| 2021 | $132.9 | $119.9 | -9.8% |
| 2022 | $119.9 | $140.0 | +17% |
| 2023 | $140.0 | $160.3 | +15% |
| 2024 | $160.3 | $223.0 | +39% |
| 2025 | $223.0 | $201.0 | -9.9% |
| 2026 YTD | $201.0 | $171.0 | -15% |
TMUS has finished higher in four of the last six years. It's down 15% so far in 2026.