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Clear Channel Outdoor Holdings, Inc. CCO

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Get access to target analyst prices, predictions, compound annual growth rates and more than four years of historical data.

Insider Decisions

Total sells
62.98
in millions of $
Nov 25 Feb 26 May 26 Aug 26
Buy
Sell 2
Insider Ownership
25.03%

Capital & Financial Ratios

Market Cap
1,210.00
Revenue
1,679.06
Net Income
(102.08)
Free Cash Flow
(513.75)
Net Debt
4,915.49
Current Ratio
1.25
Debt/Equity
(1.48)
P/E ratio
0.00
P/S ratio
0.72
P/B ratio
0.00
Past 5Y EPS Growth
20.67%
This Y EPS Growth
(259.11%)
Next Y EPS Growth
119.30%
Next 5Y EPS Growth
20.50%
in millions of $

Dividends

Payout Ratio
0.00
Annual Dividend Rate
Annual Dividend Yield
total individual payouts
2025 ‡‡‡
2024 ‡‡‡
2023 ‡‡‡
2022 ‡‡‡
2021 ‡‡‡
2020 ‡‡‡
2019 ‡‡‡
2017 0.00
predictions in italic, special payouts not included in total or ratios

Assets vs Liabilities

2023 2024 2025 Q'26
Cash 171.78 109.71 190.02 192.14
Receivables 314.87 344.10 371.38 367.99
Inventory
Other 7.97 2.09 7.30 6.32
957.40 1,659.04 793.19 772.52
2023 2024 2025 Q'26
Payables 44.61 38.77 32.11 37.22
ST’ Debt 0.40 0.35 0.31 0.31
Other
883.73 1,271.98 618.09 615.89
in millions of $

Compound Annual Growth

10y 5y 3y
Sales ‡‡‡‡‡ ‡‡‡‡‡ ‡‡‡‡‡
Cash Flow ‡‡‡‡‡ ‡‡‡ ‡‡‡‡‡
Earnings ‡‡‡ ‡‡‡ ‡‡‡
Book Value ‡‡‡ ‡‡‡ ‡‡‡

Revenue

Mar Jun Sep Dec Year
’26 373.86 438.04
’25 334.18 402.81 405.64 461.52
1,604.14
’24 326.84 376.48 375.19 426.72
1,505.23
’23 437.42 530.82 526.79 416.01
1,434.19
’22 525.69 643.38 503.34 562.25
1,381.56
’21 370.91 531.08 596.42 270.35
1,768.76
’20 550.81 314.91 447.51 541.39
1,854.61
in millions of $

Operating Cash Flow

Mar Jun Sep Dec Year
’26 3.23 44.61
’25 14.93 (12.60) 56.22 56.31
114.86
’24 (34.82) 30.85 54.45 29.27
79.75
’23 10.91 (65.29) 52.86 32.78
31.25
’22 49.47 (30.23) 94.75 26.00
139.99
’21 (124.34) (107.90) 77.97 20.78
(133.49)
’20 (98.62) 74.20 (91.01) (22.37)
(137.81)
in millions of $

Free Cash Flow

Mar Jun Sep Dec Year
’26 (13.98) 27.79
’25 606.72 (47.18) (557.89) 30.33
31.98
’24 (61.02) 5.22 20.98 (27.83)
(62.65)
’23 (27.52) (102.00) 15.43 (21.25)
(135.34)
’22 33.02 (94.88) 51.44 (34.26)
(44.69)
’21 (140.59) (141.42) 50.97 (50.46)
(281.50)
’20 (134.51) 260.15 (115.78) (52.96)
(43.10)
in millions of $

EPS

Mar Jun Sep Dec Year
’26 (0.10) (0.01)
’25 0.13 0.02 (0.12) 0.02
0.04
’24 (0.19) (0.08) (0.07) (0.04)
(0.37)
’23 (0.07) (0.08) (0.55) 0.05
(0.65)
’22 (0.19) (0.14) (0.08) 0.21
(0.20)
’21 (0.71) (0.27) (0.09) 0.13
(0.93)
’20 (0.60) (0.30) (0.29) (0.07)
(1.25)

Target Price Range

High
‡‡‡‡‡
‡‡‡‡
Average
‡‡‡‡‡
‡‡‡‡
Low
‡‡‡‡‡
‡‡‡‡

Recommendation Rating

3.3
1
Buy
2
3
Hold
4
5
Sell
2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 2027 2028
‡‡‡‡ ‡‡‡‡ ‡‡‡‡ ‡‡‡‡ ‡‡‡‡ ‡‡‡ 0.91 0.99 1.29 0.81
Low Price
‡‡‡‡ ‡‡‡‡ ‡‡‡‡ ‡‡‡‡ ‡‡‡ ‡‡‡ 4.10 2.14 2.06 2.26
High Price
‡‡‡‡‡ ‡‡‡‡‡ ‡‡‡‡‡ ‡‡‡‡‡ ‡‡‡‡‡ ‡‡‡‡‡ 4,700 3,900 4,100 1,900
Employees
‡‡‡‡‡ ‡‡‡‡‡ ‡‡‡‡‡ ‡‡‡‡‡ ‡‡‡‡‡ ‡‡‡‡‡ 0.29 0.37 0.37 0.84
Revenue/Emp
‡‡‡‡‡ ‡‡‡‡‡ ‡‡‡‡‡ ‡‡‡‡‡ ‡‡‡‡‡ ‡‡‡‡‡ 1,381.56 1,434.19 1,505.23 1,604.14 ‡‡‡‡‡ ‡‡‡‡‡ ‡‡‡‡‡
Revenue
‡‡‡‡‡ ‡‡‡‡‡ ‡‡‡‡‡ ‡‡‡‡‡ ‡‡‡‡‡ ‡‡‡‡‡ 57.38% 53.96% 54.79% 53.37%
Gross Margin
‡‡‡‡‡ ‡‡‡‡‡ ‡‡‡‡‡ ‡‡‡‡‡ ‡‡‡‡‡ ‡‡‡‡‡ (78.99) (183.12) (133.13) (98.80)
EBT
‡‡‡‡‡ ‡‡‡‡‡ ‡‡‡‡‡ ‡‡‡‡‡ ‡‡‡‡‡ ‡‡‡‡‡ (5.72%) (12.77%) (8.84%) (6.16%) ‡‡‡ ‡‡‡ ‡‡‡
EBT Margin
‡‡‡‡‡ ‡‡‡‡‡ ‡‡‡‡‡ ‡‡‡‡‡ ‡‡‡‡‡ ‡‡‡‡‡ (94.39) (308.82) (175.88) 24.74 ‡‡‡‡‡ ‡‡‡‡‡ ‡‡‡‡‡
Net Income
‡‡‡‡‡ ‡‡‡‡‡ ‡‡‡‡‡ ‡‡‡‡‡ ‡‡‡‡‡ ‡‡‡‡‡ 304.59 270.01 251.21 185.08
Depreciation
‡‡‡‡‡ ‡‡‡‡‡ ‡‡‡‡‡ ‡‡‡‡‡ ‡‡‡‡‡ ‡‡‡‡‡ 2.91 2.98 3.09 3.24 ‡‡‡‡‡ ‡‡‡‡‡ ‡‡‡‡‡
Revenue/Sh
‡‡‡‡ ‡‡‡‡‡ ‡‡‡‡ ‡‡‡‡‡ ‡‡‡‡‡ ‡‡‡‡‡ (0.20) (0.65) (0.37) 0.04 ‡‡‡‡‡ ‡‡‡‡‡ ‡‡‡‡‡
Earnings/Sh
‡‡‡‡‡ ‡‡‡‡‡ ‡‡‡‡‡ ‡‡‡‡‡ ‡‡‡‡‡ ‡‡‡‡‡ 0.30 0.06 0.16 0.23
Cash Flow/Sh
‡‡‡‡‡ ‡‡‡‡‡ ‡‡‡‡‡ ‡‡‡‡‡ ‡‡‡‡‡ ‡‡‡‡‡ (0.39) (0.35) (0.29) (0.17) ‡‡‡ ‡‡‡ ‡‡‡
Capex/Sh
‡‡‡‡‡ ‡‡‡‡‡ ‡‡‡‡‡ ‡‡‡‡‡ ‡‡‡‡‡ ‡‡‡‡‡ (0.09) (0.28) (0.13) 0.06
Free CF/Sh
‡‡‡‡‡ ‡‡‡‡‡ ‡‡‡‡‡ ‡‡‡‡‡ ‡‡‡‡‡ ‡‡‡‡‡ (6.88) (7.16) (7.46) (6.85) ‡‡‡‡‡
Book Value/Sh
‡‡‡‡‡ ‡‡‡‡‡ ‡‡‡‡‡ ‡‡‡‡‡ ‡‡‡‡‡ ‡‡‡‡‡ 474.36 481.73 487.65 495.41 ‡‡‡‡‡ ‡‡‡‡‡ ‡‡‡‡‡
Shares
‡‡‡‡‡ ‡‡‡‡‡ ‡‡‡ ‡‡‡ ‡‡‡ ‡‡‡ 0.00 0.00 0.00 44.20 ‡‡‡‡‡ ‡‡‡‡‡ ‡‡‡‡
PE Ratio
‡‡‡‡‡ ‡‡‡‡‡ ‡‡‡‡‡ ‡‡‡‡‡ ‡‡‡‡‡ ‡‡‡‡‡ 0.22 0.45 0.44 0.68 ‡‡‡ ‡‡‡ ‡‡‡
PS Ratio
‡‡‡ ‡‡‡ ‡‡‡ ‡‡‡ ‡‡‡ ‡‡‡ 0.00 0.00 0.00 0.00 ‡‡‡ ‡‡‡ ‡‡‡
PB Ratio
‡‡‡‡‡ ‡‡‡‡‡ ‡‡‡‡‡ ‡‡‡‡‡ ‡‡‡‡‡ ‡‡‡‡‡ 2.58 3.30 4.13 3.75 ‡‡‡‡ ‡‡‡‡ ‡‡‡‡
EV/Sales
‡‡‡‡‡ ‡‡‡‡‡ ‡‡‡‡‡ ‡‡‡‡‡ ‡‡‡‡‡ ‡‡‡‡‡ (129.08) (46.63) (99.26) 187.86
EV/FCF
‡‡‡‡‡ ‡‡‡‡‡ ‡‡‡‡‡ ‡‡‡‡‡ ‡‡‡‡‡ ‡‡‡‡‡ 139.99 31.25 79.75 114.86 ‡‡‡ ‡‡‡ ‡‡‡
Op' Cash Flow
‡‡‡‡‡ ‡‡‡‡‡ ‡‡‡‡‡ ‡‡‡‡‡ ‡‡‡‡‡ ‡‡‡‡‡ (184.68) (166.59) (142.39) (82.88) ‡‡‡‡‡ ‡‡‡‡‡
Capex
‡‡‡‡‡ ‡‡‡‡‡ ‡‡‡‡‡ ‡‡‡‡‡ ‡‡‡‡‡ ‡‡‡‡‡ (44.69) (135.34) (62.65) 31.98 ‡‡‡‡‡
FCF
‡‡‡‡‡ ‡‡‡‡‡ ‡‡‡‡‡ ‡‡‡‡‡ ‡‡‡‡‡ ‡‡‡‡‡ (0.62) 73.67 387.07 175.10
Working Cap'
‡‡‡‡‡ ‡‡‡‡‡ ‡‡‡‡‡ ‡‡‡‡‡ ‡‡‡‡‡ ‡‡‡‡‡ 5,561.90 5,630.29 5,660.31 5,102.99
Total Debt
‡‡‡‡‡ ‡‡‡‡‡ ‡‡‡‡‡ ‡‡‡‡‡ ‡‡‡‡‡ ‡‡‡‡‡ 5,279.67 5,458.52 5,550.60 4,912.97
Net Debt
‡‡‡‡‡ ‡‡‡‡‡ ‡‡‡‡‡ ‡‡‡‡‡ ‡‡‡‡‡ ‡‡‡‡‡ (3,262.81) (3,450.74) (3,639.78) (3,394.37)
Sh' Equity
‡‡‡‡‡ ‡‡‡‡‡ ‡‡‡‡‡ ‡‡‡‡‡ ‡‡‡‡‡ ‡‡‡‡‡ (1.86%) (6.34%) (3.76%) 0.46%
ROA
‡‡‡‡‡ ‡‡‡‡‡ ‡‡‡‡‡ ‡‡‡‡‡ ‡‡‡‡‡ ‡‡‡‡‡ 7.93% 6.75% 9.13% 12.78%
ROIC
‡‡‡‡‡ ‡‡‡‡‡ ‡‡‡‡‡ ‡‡‡‡‡ ‡‡‡‡‡ ‡‡‡‡‡ 2.99% 9.26% 5.06% (0.57%)
ROE
predictions in italic, sparklines do not include predictions

Analyst Commentary (Summary)

Clear Channel Outdoor Holdings (CCO) is at a pivotal recovery stage in the out-of-home (OOH) advertising sector, rebounding strongly from COVID-era lows that slashed revenues by over 50%. With 2024 sales at $1.51 billion (up 5% YoY) and projections for a steady 5% CAGR through 2027, the company is capitalizing on urbanization, digital billboards, and programmatic buying. Gross margins have surged to 54.8% from pandemic troughs, free cash flow is turning positive at $27 million in 2025, and operational efficiency shines with revenue per employee stabilizing near $367,000 on a leaner workforce.

Despite high debt of $5.66 billion and negative equity, improving liquidity, easing capex, and a successful 2023 debt exchange have stabilized the balance sheet, fueling ROIC gains to 9.1%. Insiders signal strong conviction with aggressive 2025 buying—over 15 million shares by a key owner and CEO purchases—amid a stock trading at a dirt-cheap 0.44 PS ratio, up 160% from 2020 lows.

Analysts project modest near-term upside but highlight undervaluation versus digital OOH peers, with the global market exploding at 12% annually through 2030 via AR, 5G, and AI targeting. As CCO scales digital inventory (yielding 2-3x static rates) and expands globally, risks like ad cyclicality could yield to 50%+ returns if growth accelerates—positioning it as an evolving ad tech contender worth watching.

Clear Channel Outdoor Holdings, Inc. (CCO) Latest News

News by impact score

Fine-tune

13 Sep

5 , 9:26 AM
Clear Channel Outdoor Holdings (CCO) records its strongest growth immediately prior to privatization. Privatization removes public market constraints and shifts CCO's ownership and reporting obligations.

13 Aug

3 , 2:32 PM
Lamar Advertising raised its AFFO outlook and highlighted accelerating digital advertising growth, intensifying competitive pressure on outdoor billboard operators including Clear Channel Outdoor Holdings. Stronger digital momentum at a key rival may modestly affect CCO market share and investor sentiment without altering core operations.

5 Aug

4 , 6:01 AM
Clear Channel Outdoor Holdings, Inc. released its financial results for the second quarter of 2026. Quarterly earnings releases deliver core financial metrics that frequently drive notable shifts in valuation and investor positioning.

3 , 9:30 AM
Clear Channel Outdoor Holdings (CCO) Q2 earnings metrics show revenue trends, digital billboard performance, and profitability indicators that reflect current advertising demand and operational efficiency. Q2 earnings metrics can shift near-term investor views on financial health and ad market exposure.

3 , 8:56 AM
Clear Channel Outdoor Holdings reported strong Q2 CY2026 results. Strong quarterly results typically lift short-term sentiment and stock performance without major strategic shifts.

15 Jun

3 , 12:00 PM
Clear Channel Outdoor Holdings, Inc. (CCO) receives an upgrade to Buy rating. Buy rating upgrade can lift short-term investor sentiment and share price.

14 Jun

3 , 8:08 AM
Clear Channel Outdoor Holdings restructures its debt and secures a long-term contract for its Omaha operations. Debt restructuring strengthens balance sheet while Omaha contract locks in future revenue.

21 May

3 , 8:00 AM
Clear Channel Outdoor Holdings launches Clear Channel Impact program converting advertising into measurable community actions. New initiative may boost advertising innovation and positioning with limited overall effect on core trajectory.

11 May

3 Zacks, 12:00 PM
Clear Channel Outdoor Holdings, Inc. (CCO) receives analyst rating upgrade to Buy, highlighting key factors for investors. Analyst upgrade to Buy signals positive sentiment shift, moderately impacting stock performance and investor interest.

7 May

4 Zacks, 9:30 AM
Key metrics from Clear Channel Outdoor Holdings, Inc. (CCO)'s Q1 earnings provide insights into the company's financial performance and operational health. Q1 earnings metrics directly impact CCO's financial outlook, stock valuation, and investor confidence.

6 May

3 Zacks, 7:10 AM
Clear Channel Outdoor Holdings, Inc. (CCO) reported a Q1 net loss but exceeded revenue estimates. Q1 loss despite revenue beat affects financial performance and investor sentiment moderately.

3 PR Newswire, 6:00 AM
Clear Channel Outdoor Holdings, Inc. (CCO) reported financial results for the first quarter of 2026. Q1 2026 earnings disclosure affects financial performance metrics and investor sentiment moderately.

13 Apr

4 PR Newswire, 7:00 AM
Clear Channel Outdoor Holdings, Inc. announced the results of its consent solicitation relating to outstanding senior secured notes. Consent solicitation results alter debt terms and covenants, significantly affecting financial flexibility and market perception.

6 Apr

4 PR Newswire, 7:00 AM
Clear Channel Outdoor Holdings, Inc. (CCO) commenced a consent solicitation seeking consents from holders of its 5.125% senior secured notes due 2029 and 9.000% senior secured notes due 2028 to amend the indenture, extend certain deadlines, and make other changes. Consent solicitation for senior secured notes signals major debt restructuring efforts that could significantly alter financial obligations and market perception.

20 Mar

4 Insider Monkey, 6:02 PM
Clear Channel Outdoor Holdings, Inc. (CCO) secured a 10-year contract from the Omaha Airport Authority. A 10-year contract secures long-term revenue from high-traffic airport advertising space, bolstering financial stability and market position.

12 Mar

4 www.fool.com, 1:59 PM
Clear Channel Outdoor Holdings, Inc. (CCO) posted $1.6 billion in revenue, with a $20.5 million investment bet elevating it to a top portfolio holding. CCO's $1.6 billion revenue and top portfolio status from a $20.5 million bet signal major positive shifts in financial performance and investor sentiment.

3 www.fool.com, 1:46 PM
Eye care giant posts $5.1 billion in revenue as one investor builds major position in Clear Channel Outdoor Holdings, Inc. (CCO). Investor building major position in CCO likely influences market sentiment and potential strategic shifts.

11 Mar

5 Simply Wall St., 9:12 AM
Clear Channel Outdoor Holdings' buyout deal now centers on negotiating terms amid a significant valuation gap between bidders and the company. Buyout negotiations over deal terms and valuation gap could fundamentally redefine CCO's ownership, strategy, and long-term market prospects.

3 Mar

3 PR Newswire, 8:02 AM
Clear Channel Outdoor Holdings, Inc. (CCO) partners with Footballco to deliver global soccer content to its digital screens across the U.S., aiming to engage soccer fans through out-of-home advertising. Partnership diversifies content on digital screens to attract soccer audiences, moderately boosting engagement and revenue potential without transforming core operations.

26 Feb

4 Zacks, 9:30 AM
Clear Channel Outdoor Holdings, Inc. (CCO) Q4 earnings key metrics compared to Wall Street estimates, highlighting performance against analyst expectations. Q4 earnings metrics versus estimates signal major shifts in financial health and investor confidence for CCO.

4 StockStory, 6:48 AM
Clear Channel Outdoor Holdings, Inc. (NYSE:CCO) surprised investors with strong Q4 CY2025 sales results. Q4 CY2025 sales surprise signals robust revenue performance, likely driving significant positive shifts in stock price and investor confidence.

3 ZacksAssociated Press FinanceMT NewswiresSimply Wall St., 8:15 AM
Clear Channel Outdoor Holdings, Inc. (CCO) reported a Q4 net loss but exceeded revenue estimates. Q4 revenue beat despite net loss affects financial performance moderately without fundamentally altering trajectory.

3 , 6:29 AM
Clear Channel Outdoor Holdings, Inc. (CCO) released its Q4 earnings snapshot. Q4 earnings snapshots influence financial performance and market sentiment moderately.

3 , 6:00 AM
Clear Channel Outdoor Holdings, Inc. (CCO) reported financial results for the fourth quarter and full year of 2025. Quarterly and annual earnings results affect key financial metrics and investor sentiment without fundamentally altering long-term trajectory.

24 Feb

3 StockStory, 10:26 PM
Clear Channel Outdoor Holdings, Inc. (CCO) Q4 earnings report preview highlights key metrics to watch, including revenue trends, adjusted EBITDA, leverage reduction, and outlook amid outdoor advertising market dynamics. Q4 earnings preview influences investor expectations on financial performance and strategic outlook for CCO.

10 Feb

4 www.fool.com, 5:22 PM
Clear Channel Outdoor Holdings, Inc. (CCO) experienced a significant surge in its stock price following the announcement of a $6.2 billion buyout deal. This acquisition is expected to reshape the company's market position and enhance its operational capabilities. Investors reacted positively, reflecting optimism about the potential benefits of the deal for CCO's future growth and profitability. The $6.2 billion buyout deal is a major strategic move that could significantly alter Clear Channel Outdoor's trajectory and investor sentiment.

3 Barrons.com, 5:05 PM
Clear Channel Outdoor Holdings, Inc. (CCO) is experiencing a surge in stock value as Solstice prepares for a significant increase in nuclear power initiatives. This development is expected to positively influence market sentiment and investor interest in related sectors. The anticipated nuclear power surge may moderately influence CCO's market positioning and investor sentiment.

9 Feb

4 Bloomberg, 7:39 PM
Mubadala has finalized a $6.2 billion deal to acquire Clear Channel Outdoor Holdings, Inc. (CCO), a significant move that underscores the growing interest in outdoor advertising. This acquisition is expected to enhance CCO's market position and expand its operational capabilities. The deal reflects Mubadala's strategy to invest in high-potential sectors and aligns with the increasing demand for advertising space in urban environments. CCO's management anticipates that the partnership will drive innovation and growth in their advertising offerings. The acquisition by Mubadala is a significant strategic move that could enhance Clear Channel's market position and operational capabilities.

4 The Wall Street Journal, 6:35 PM
Mubadala Investment Company has announced its intention to acquire Clear Channel Outdoor Holdings, Inc. (CCO), a significant player in the outdoor advertising industry. This acquisition is expected to enhance CCO's operational capabilities and expand its market reach. The deal reflects Mubadala's strategy to invest in high-potential companies within the media and advertising sector. The transaction is subject to regulatory approvals and customary closing conditions. The acquisition by Mubadala is likely to significantly impact Clear Channel's strategic direction and market positioning.

4 PR NewswireSimply Wall St.StockStory, 5:32 PM
Clear Channel Outdoor Holdings, Inc. has agreed to be acquired by Mubadala Capital, in partnership with TWG Global, for $6.2 billion. This acquisition marks a significant move in the outdoor advertising industry, potentially reshaping the competitive landscape and enhancing Clear Channel's operational capabilities. The acquisition is a major strategic move that could significantly alter Clear Channel's trajectory and investor sentiment.

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