DraftKings (DKNG) vs Live Nation Entertainment (LYV)
Head-to-head comparison of performance, valuation, growth, profitability and dividends. Prices delayed 15 minutes; data as of Oct 8, 2026.
Summary
Live Nation Entertainment (LYV) has outperformed DraftKings (DKNG) over the past year, gaining 14.3% versus a loss of 41.5%. Over five years, LYV leads with a +68.2% price change compared with -58.7% for DKNG. Live Nation Entertainment is the larger company by market cap ($39.92 billion vs $9.86 billion), about 4.0 times the size, while DraftKings is growing revenue faster (+27.0% vs +8.8%).
On valuation, DraftKings trades at a lower forward P/E (11.8x vs 87.8x for Live Nation Entertainment). Live Nation Entertainment converts more of its revenue into profit, with a net margin of 2.0% versus 0.1%.
Summary generated from market data by MetaCap's automated system. Methodology
Relative performance
Percent change in share price from the first common trading day shown; excludes dividends.
Head-to-head
| Metric | DKNG | LYV |
|---|---|---|
| Share price | $19.87 | $171.34 |
| Market cap | $9.86B | $39.92B |
| 1-day change | +3.76% | +0.29% |
| YTD return | -42.34% | +20.24% |
| 1-year return | -41.52% | +14.26% |
| 5-year return | -58.67% | +68.20% |
| Forward P/E | 11.83 | 87.82 |
| EPS (TTM) | $-0.35 | $-1.11 |
| Dividend yield | 0.00% | 0.00% |
| Annual dividend | $0.00 | $0.00 |
| Revenue (latest FY) | $6.05B | $25.20B |
| Revenue growth (YoY) | +26.99% | +8.83% |
| Net income (latest FY) | $3.71M | $495.97M |
| Gross margin | 41.25% | — |
| Operating margin | -0.26% | 4.96% |
| Net margin | 0.06% | 1.97% |
| 52-week high | $36.98 | $189.25 |
| 52-week low | $18.52 | $125.34 |
| Distance from 52-week high | -46.27% | -9.46% |
| Analyst consensus | strong_buy | buy |
| Avg. price target upside | +75.19% | +17.87% |
| Average volume | 12.92M | 1.94M |
| Shares outstanding | 496.45M | 232.96M |
| Employees | 5,500 | 17,700 |
| Sector | Consumer Discretionary | Communication Services |
| Industry | Services-Misc. Amusement & Recreation | Entertainment |
Highlighted cells mark the higher value for growth, returns, margins and yield, and the lower value for P/E ratios. Highlighting is a mechanical comparison, not a recommendation.
Key differences
- Live Nation Entertainment is about 4.0 times larger than DraftKings by market value ($39.92B vs $9.86B).
- LYV has outperformed DKNG by 55.8 percentage points over the past year.
- DraftKings grew revenue faster in its latest fiscal year (+26.99% vs +8.83%).
- The two companies sit in different sectors: DraftKings in Consumer Discretionary and Live Nation Entertainment in Communication Services.
About DraftKings
DKNG stock →DraftKings Inc. operates as a digital sports entertainment and gaming company in the United States and internationally.
Consumer Discretionary · Services-Misc. Amusement & Recreation · 5,500 employees
About Live Nation Entertainment
LYV stock →Live Nation Entertainment, Inc. operates as a live entertainment company worldwide.
Communication Services · Entertainment · 17,700 employees
DKNG vs LYV FAQ
Which is bigger, DraftKings or Live Nation Entertainment?
Live Nation Entertainment (LYV) is larger, with a market capitalization of $39.92B compared with $9.86B for DraftKings (DKNG).
Which stock has performed better over the past year, DKNG or LYV?
LYV returned +14.26% over the past 12 months, compared with -41.52% for DKNG (price return, excluding dividends). Past performance does not predict future results.
Are DraftKings and Live Nation Entertainment in the same industry?
No. DraftKings is in the Consumer Discretionary sector, while Live Nation Entertainment is in Communication Services.