• Live Nation Entertainment average return on tangible equity for 2023 was -10.31, a 1352.11% increase from 2022.
• Live Nation Entertainment average return on tangible equity for 2022 was -0.71, a 102.01% increase from 2021.
• Live Nation Entertainment average return on tangible equity for 2021 was 35.34, a 17.58% decline from 2020.

Return on tangible equity can be defined as the amount of net income returned as a percentage of shareholders equity, after subtracting intangible assets, goodwill and preferred equity.