| Nov 25 | Feb 26 | May 26 | Aug 26 | |||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Buy | — | — | — | — | — | — | — | — | — | — | — | — |
| Sell | — | — | — | — | — | — | — | — | 2 | — | — | — |
| total | individual payouts | |
|---|---|---|
| 2025 | ‡‡‡ |
|
| 2024 | ‡‡‡ |
|
| 2023 | ‡‡‡ |
|
| 2022 | ‡‡‡ |
|
| 2021 | ‡‡‡ |
|
| 2020 | ‡‡‡ |
|
| 2019 | ‡‡‡ |
|
| 2017 | 0.00 |
—
—
—
|
| 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 |
| 10y | 5y | 3y | |
| Sales | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ |
| Cash Flow | ‡‡‡‡‡ | ‡‡‡ | ‡‡‡‡‡ |
| Earnings | ‡‡‡ | ‡‡‡ | ‡‡‡ |
| Book Value | ‡‡‡ | ‡‡‡ | ‡‡‡ |
| 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
|
| 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)
|
| 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)
|
| 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)
|
| 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
|
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.
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