Clear Channel Outdoor Holdings, Inc. CCO
Clear Channel Outdoor Holdings, Inc. (the "Company") is a leading provider of out-of-home ("OOH") advertising solutions, offering advertisers impactful and innovative opportunities to reach mass audiences across a variety of high-traffic public spaces. By leveraging the scale, reach and flexibility of our diverse portfolio of assets—including roadside billboards, street furniture and airport displays—we connect advertisers with millions of consumers every month. We believe we are at the forefront of driving innovation in the OOH advertising industry, and our dynamic advertising platform continues to attract a broader pool of advertisers through the expansion of our network of digital displays and the integration of data analytics, programmatic tools and other technologies to deliver measurable campaigns that are simpler to buy.
Valuation FY2025 figures against the last close
Annual financial statements
Income statement
| Fiscal year | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $1.14B | $1.01B | $758.7M | $708.8M | $1.13B | $1.26B | $1.93B | $1.39B | $1.28B | $1.32B |
| SG&A | $262.4M | $252.9M | $235.5M | $231.2M | $329.6M | $442.3M | $520.9M | $522.9M | $499.2M | $515.4M |
| Operating income | $310.6M | $279.2M | $216.8M | $255.9M | $58.8M | -$292.4M | $252.9M | $251.8M | $232.3M | $631.9M |
| Interest expense | $395.6M | $401.5M | $398.1M | $334.1M | $349.0M | $360.3M | $419.5M | $387.7M | $379.7M | $375.0M |
| Pre-tax income | -$98.8M | -$133.1M | -$183.1M | -$79.0M | -$394.6M | -$658.2M | -$289.5M | -$170.3M | -$906.4M | $235.4M |
| Income tax | $4.9M | $9.4M | $23.7M | $89.9M | $36.5M | $58.0M | $72.3M | $32.5M | $280.2M | $77.5M |
| Net income | $19.9M | -$179.3M | -$310.9M | -$96.6M | -$433.8M | -$582.7M | -$363.3M | -$218.2M | -$644.3M | $135.1M |
| EPS, basic | 0.04 | -0.37 | -0.65 | -0.20 | -0.93 | -1.25 | -0.88 | -0.60 | -1.78 | 0.37 |
| EPS, diluted | 0.04 | -0.37 | -0.65 | -0.20 | -0.93 | -1.25 | -0.88 | -0.60 | -1.78 | 0.37 |
| Shares, diluted (wtd. avg.) | $495.4M | $487.7M | $481.7M | $483.5M | $468.5M | $464.5M | $413.1M | $361.7M | $361.1M | $361.6M |
Balance sheet
| Fiscal year | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash and equivalents | $190.0M | $109.7M | $260.5M | $298.7M | $420.0M | $795.1M | $417.1M | $202.9M | $188.3M | $552.7M |
| Receivables | $371.4M | $344.1M | $314.9M | $453.7M | $643.1M | $468.3M | $709.7M | $706.3M | $659.5M | $593.1M |
| Inventory | — | — | — | — | — | $16.6M | $21.1M | $18.1M | $21.9M | $21.2M |
| Total current assets | $793.2M | $1.66B | $957.4M | $1.12B | $1.13B | $1.33B | $1.20B | $1.02B | $974.2M | $1.33B |
| Property, plant and equipment | $441.8M | $480.0M | $489.7M | $672.1M | $827.2M | $888.8M | $1.21B | $1.29B | $1.40B | $1.41B |
| Goodwill | $507.8M | $507.8M | $507.8M | $650.6M | $659.5M | $709.6M | $704.2M | $706.0M | $714.0M | $696.3M |
| Other intangibles | $588.3M | $666.7M | $741.6M | $813.5M | $110.4M | $129.9M | $163.3M | $252.9M | $273.9M | $299.6M |
| Total assets | $3.83B | $4.80B | $4.72B | $5.09B | $5.30B | $5.76B | $6.39B | $4.52B | $4.67B | $5.71B |
| Accounts payable | $32.1M | $38.8M | $44.6M | $73.4M | $108.6M | $101.2M | $94.6M | $113.7M | $88.0M | $86.9M |
| Short-term debt | $312.0K | $348.0K | $404.0K | $21.2M | $21.2M | $21.4M | $20.3M | $227.0K | $573.0K | $7.0M |
| Total current liabilities | $618.1M | $1.27B | $883.7M | $1.12B | $1.11B | $1.09B | $1.18B | $729.8M | $657.5M | $641.7M |
| Long-term debt | $5.10B | $5.66B | $5.63B | $5.54B | $5.58B | $5.55B | $5.06B | $5.28B | $5.27B | $5.11B |
| Total liabilities | $7.22B | $8.44B | $8.17B | $8.35B | $8.49B | $8.54B | $8.45B | $6.62B | — | — |
| Retained earnings | -$6.94B | -$6.96B | -$6.78B | -$6.47B | -$6.37B | -$5.94B | -$5.35B | -$5.00B | -$4.78B | -$4.14B |
| Total equity | -$3.39B | -$3.64B | -$3.45B | -$3.26B | -$3.19B | -$2.78B | -$2.05B | -$2.10B | -$1.86B | -$947.3M |
Cash flow
| Fiscal year | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 |
|---|---|---|---|---|---|---|---|---|---|---|
| Operating cash flow | $114.9M | $79.7M | $31.3M | $140.0M | -$133.5M | -$137.8M | $214.5M | $187.3M | $160.1M | $308.5M |
| Depreciation and amortisation | $175.0M | $174.0M | $196.8M | $173.7M | $213.1M | $269.4M | $309.3M | $319.0M | $326.0M | $344.1M |
| Stock-based compensation | $25.6M | $26.2M | $20.5M | $21.1M | $19.4M | $13.2M | $15.8M | $8.5M | $9.6M | $10.3M |
| Capital expenditure | $82.9M | $142.4M | $166.6M | $184.7M | $148.0M | $124.2M | $232.5M | $211.1M | $224.2M | $229.8M |
| Investing cash flow | $523.3M | -$155.9M | -$119.6M | -$221.7M | -$152.7M | $94.5M | -$220.0M | -$203.6M | -$154.5M | $574.1M |
| Financing cash flow | -$598.3M | -$8.2M | $45.6M | -$32.7M | -$85.2M | $418.3M | $220.0M | $40.7M | -$379.5M | -$726.5M |
| Dividends paid | — | — | — | — | — | $405.0K | $740.0K | $30.7M | $30.0M | $755.5M |
Figures as tagged in each year's own filing, in US dollars. A year restated by a later filing shows the restated figure. Capital expenditure, dividends and buybacks are cash out, shown positive. A line the filer does not report is not listed. Latest from accession 0001213900-26-035116.
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