WarnerMedia Group is a global media and entertainment company, offering a wide range of products and services, including television, film, streaming, gaming, and more.

WarnerMedia Group

MGM Resorts International, through its subsidiaries, owns and operates casino, hotel, and entertainment resorts in the United States and Macau. The company operates through three segments: Las Vegas Strip Resorts, Regional Operations, and MGM China. Its casino resorts offer gaming, hotel, convention, dining, entertainment, retail, and other resort amenities. The company's casino operations include slots and table games, as well as online sports betting and iGaming through BetMGM. As of February 17, 2021, its portfolio consisted of 29 hotel and destination gaming offerings. The company also owns and operates Las Vegas Strip Resorts and Fallen Oak golf course. Its customers include premium gaming customers; leisure and wholesale travel customers; business travelers; and group customers, including conventions, trade associations, and small meetings. The company was formerly known as MGM MIRAGE and changed its name to MGM Resorts International in June 2010. MGM Resorts International was incorporated in 1986 and is based in Las Vegas, Nevada.

Kirk Kerkorian

Grant Michael Leingang

MGM Resorts International

Live Nation Entertainment, Inc. operates as a live entertainment company. It operates through Concerts, Ticketing, and Sponsorship & Advertising segments. The Concerts segment promotes live music events in its owned or operated venues, and in rented third-party venues; operates and manages music venues; produces music festivals; creates associated content; and offers management and other services to artists. The Ticketing segment manages the ticketing operations, including the provision of ticketing software and services to clients for tickets and event information through its primary websites livenation.com and ticketmaster.com, as well as provides ticket resale services. This segment sells tickets for its events, as well as for third-party clients in various live event categories, such as arenas, stadiums, amphitheaters, music clubs, concert promoters, professional sports franchises and leagues, college sports teams, performing arts venues, museums, and theaters through websites, mobile apps, and ticket outlets. The Sponsorship & Advertising segment sells international, national, and local sponsorships and placement of advertising, including signage, promotional programs, rich media offering that comprise advertising related with live streaming and music-related content; and ads across its distribution network of venues, events, and websites. This segment also manages the development of strategic sponsorship programs, as well as develops, books, and produces custom events or programs for specific brands. As of December 31, 2021, it owned, operated, or leased 165 entertainment venues in North America and 94 entertainment venues internationally. The company was formerly known as Live Nation, Inc. and changed its name to Live Nation Entertainment, Inc. in January 2010. Live Nation Entertainment, Inc. was incorporated in 2005 and is headquartered in Beverly Hills, California.

Live Nation Entertainment, Inc.

Sling TV provides an app-based TV service that allows users to stream live television and on-demand content over the internet. The service is only available inside the United States.

Metric
Company Name	WarnerMedia Group	MGM Resorts International	Live Nation Entertainment, Inc.	Sling TV
Symbol		MGM	LYV
MSH ID	COM:WARNERMEDIAGROUP	COM:MGMRESORTS	COM:LIVENATIONENTERTAINMENT	COM:SLING
Market	PRIVATE	STOCKS	STOCKS	PRIVATE
Sector	Entertainment	Consumer Cyclical	Communication Services	Technology
Industry	Media and Entertainment	Gambling, Resorts & Casinos	Entertainment	Streaming Media
Country	US	US	US	US
Stage
Employee Count		58K	14.70K
Website	warnermediagroup.com	mgmresorts.com	livenationentertainment.com	sling.com
LinkedIn
Founders

Metric
Market Cap	13.77B	21.69B
Enterprise Value
Monthly Web Traffic	7.29M
Web Traffic Growth	-0.23
Valuation
Raised Capital	850M

Metric
Revenue	16.16B	22.75B
Revenue (LTM)
Revenue (NTM)
Gross Profit	6.80B	5.46B
EBITDA	2.40B	1.77B
Operating Income	1.58B	1.07B
Net Income	1.14B	563.28M
EPS	3.22	1.38
Diluted EPS	3.19	1.37
Revenue 2022
Revenue 2023
Revenue 2024
Revenue 2025
Revenue 2026

Metric
Revenue Growth (LTM)
Revenue Growth (NTM)
Gross Profit Growth (LTM)
EBITDA Growth (LTM)
Net Income Growth (LTM)
14-Day Growth Score
28-Day Growth Score
90-Day Growth Score
365-Day Growth Score

Metric
Gross Profit Margin	0.46	0.43
Operating Profit Margin	0.10	0.05
EBITDA Margin	0.15	0.08
Net Profit Margin	0.07	0.02
Return on Equity	0.27	45.07
Return on Assets	0.03	0.03
Return on Capital Employed	0.05	0.12

COM:WARNERMEDIAGROUP

WarnerMedia Group

Company Overview

Market Metrics

Financial Performance

Growth Metrics

Profitability Ratios

Valuation Multiples

Operational Metrics

Cash Flow Metrics

Balance Sheet Metrics

Efficiency Metrics

Metric
P/E Ratio	30.39	33.45
P/B Ratio	3.90	90.08
Revenue Multiple (LTM)
Revenue Multiple (NTM)
EBITDA Multiple (LTM)
EBITDA Multiple (NTM)
Price to Sales Ratio	0.88	1.12
EV Multiple	-5.86	14.50

Metric
Days Sales Outstanding	23.07	43.09
Days Payables Outstanding	18.76	46.34
Days Inventory Outstanding	5.90	30.35
Operating Cycle	31.73	65.88
Cash Conversion Cycle	27.40	22.33
Asset Turnover	0.41	1.19

Metric
Operating Cash Flow	2.69B	1.37B
Free Cash Flow	1.76B	895.54M
Cash Flow to Debt	0.41	0.18
Operating Cash Flow/Sales	0.17	0.06
Free Cash Flow Yield	0.10	0.06

Metric
Cash & Equivalents	2.93B	6.23B
Accounts Receivable	-132.29M	-550.67M
Inventory	141.68M	45.14M
Goodwill	5.17B	2.69B
Debt to Capitalization	0.91	1.01
Debt to Assets	0.75	0.44
Current Ratio	1.78	1.14
Quick Ratio	1.46	0.92

Metric
Rule of 40 (LTM)
Rule of 40 (NTM)
Stock Comp to Revenue	0.00	0.01
R&D to Revenue
SG&A to Revenue	0.30	0.14