Cumulus Media, Inc. CMLSQ
- Market cap
- $2.4M
- P/E
- 0.0×
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Target Price Range
Analyst price targets
Free account| 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 | 2027 | 2028 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| — | — | 9.70 | 10.99 | 3.00 | 8.07 | 6.07 | 2.57 | 0.63 | 0.05 |
Analyst estimates 2026–2028 Powerpack |
Low Price
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| — | — | 20.99 | 20.00 | 17.73 | 14.84 | 15.67 | 7.30 | 5.35 | 1.00 |
High Price
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| 5,479 | 5,213 | 5,135 | 4,732 | 3,787 | 3,488 | 3,330 | 3,367 | 3,106 | 2,862 |
Employees
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| 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Revenue/Emp
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| 1,141 | 1,136 | 1,140 | 1,113 | 816 | 916 | 954 | 845 | 827 | 742 |
Revenue
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| 62.14% | 63.97% | 64.68% | 63.57% | 58.70% | 60.86% | 62.51% | 60.76% | 60.80% | 63.42% |
Gross Margin
|
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| (537) | (370) | 568 | 84 | (79) | 20 | 20 | (101) | (293) | (202) |
EBT
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| (47.04%) | (32.61%) | 49.84% | 7.50% | (9.67%) | 2.21% | 2.06% | (11.92%) | (35.43%) | (27.30%) |
EBT Margin
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| (511) | (207) | 758 | 61 | (60) | 17 | 16 | (118) | (283) | (201) |
Net Income
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| 702 | 408 | 56 | 93 | 60 | 56 | 74 | 126 | 281 | 159 |
Depreciation
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| 39.00 | 38.75 | 56.94 | 55.31 | 40.17 | 44.74 | 48.75 | 48.91 | 49.01 | 42.67 |
Revenue/Sh
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| (17.45) | (7.05) | 40.48 | 3.04 | (2.94) | 0.84 | 0.83 | (6.83) | (16.79) | (11.55) |
Earnings/Sh
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| 1.22 | 2.95 | 3.07 | 5.18 | 1.63 | 3.35 | 4.01 | 1.83 | (0.18) | (1.23) |
Cash Flow/Sh
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| (0.79) | (1.09) | (1.48) | (1.46) | 3.14 | (0.13) | (1.49) | (0.41) | (1.15) | (1.16) |
Capex/Sh
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| 0.43 | 1.87 | 1.59 | 3.72 | 4.78 | 3.22 | 2.52 | 1.43 | (1.34) | (2.39) |
Free CF/Sh
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| (16.80) | (23.75) | 19.46 | 22.61 | 19.57 | 20.48 | 20.88 | 16.60 | 0.41 | (11.02) |
Book Value/Sh
|
|||
| 29 | 29 | 20 | 20 | 20 | 20 | 20 | 17 | 17 | 17 |
Shares
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| 0.00 | 0.00 | 0.28 | 5.78 | 0.00 | 13.39 | 7.86 | 0.00 | 0.00 | 0.00 |
PE Ratio
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| 0.32 | 0.32 | 0.19 | 0.32 | 0.22 | 0.25 | 0.14 | 0.10 | 0.01 | 0.00 |
PS Ratio
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| 1.10 | 1.10 | 0.55 | 0.78 | 0.45 | 0.55 | 0.32 | 0.30 | 1.63 | 0.00 |
PB Ratio
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| 1.41 | 1.41 | 1.25 | 1.23 | 1.35 | 1.20 | 1.02 | 1.08 | 1.02 | 1.10 |
EV/Sales
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| 28.35 | 28.35 | 44.92 | 18.26 | 11.35 | 16.68 | 19.82 | 36.96 | (37.38) | (19.59) |
EV/FCF
|
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| 36 | 87 | 62 | 104 | 33 | 69 | 78 | 32 | (3) | (21) |
Op' Cash Flow
|
|||
| (23) | (32) | (30) | (29) | 64 | (3) | (29) | (7) | (19) | (20) |
Capex
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| 13 | 55 | 32 | 75 | 97 | 66 | 49 | 25 | (23) | (42) |
FCF
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| 339 | 357 | 278 | 241 | 374 | 267 | 200 | 143 | 114 | 85 |
Working Cap'
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| 2,384 | 2,332 | 1,243 | 1,029 | 1,196 | 1,054 | 963 | 878 | 869 | 895 |
Total Debt
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| 2,245 | 2,220 | 1,213 | 1,012 | 924 | 877 | 856 | 798 | 805 | 813 |
Net Debt
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| (492) | (696) | 390 | 455 | 398 | 419 | 408 | 287 | 7 | (192) |
Sh' Equity
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| (18.86%) | (9.30%) | 39.85% | 3.46% | (3.30%) | 0.97% | 0.98% | (7.73%) | (22.14%) | (19.49%) |
ROA
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| (14.57%) | (8.63%) | 6.09% | 7.08% | (0.50%) | 3.33% | 3.94% | (2.38%) | (18.45%) | (13.89%) |
ROIC
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| 214.72% | 34.78% | (494.69%) | 14.50% | (14.01%) | 4.23% | 3.92% | (33.92%) | (193.00%) | 217.48% |
ROE
|
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Cumulus Media, Inc. peers in Broadcasting
| Company | Market cap | P/E | Compare |
|---|---|---|---|
| FLZH Flash Sports & Media Holdings, Inc. | $5.5M | 0.0× | Compare |
| LPTVQ Loop Media, Inc. | $6.4M | 0.0× | Compare |
| UONE Radio One, Inc. | $17.7M | 0.0× | Compare |
| BBGI Beasley Broadcast Group, Inc. | $29.7M | 0.0× | Compare |
| Company | Market cap | P/E | Compare |
|---|---|---|---|
| UONEK Radio One, Inc. | $35.3M | 0.0× | Compare |
| SGA Saga Communications, Inc. | $54.7M | 0.0× | Compare |
| XHLD TEN Holdings, Inc. | $150.2M | 0.0× | Compare |
| CURI CuriosityStream Inc. | $185.1M | 310× | Compare |
Cumulus Media, Inc. (CMLSQ) key facts
- Cumulus Media, Inc. (CMLSQ) is a Broadcasting company in the Communication Services sector.
- Cumulus Media, Inc.’s revenue for fiscal 2025 (year ended December 2025) was $741.7 million, down 10.3% from fiscal 2024.
- Cumulus Media, Inc. reported a net loss of $200.7 million, or a loss of $11.55 per share, for fiscal 2025.
- As of September 25, 2026, CMLSQ traded at $0.01, a market capitalization of $2.4 million.
- Trailing earnings are negative, so a P/E ratio is not meaningful; the stock trades at 0.0× sales.
- Return on equity was 217.5% and debt-to-equity -0.01.
Cumulus Media, Inc. (CMLSQ) Latest News
14 Aug
Cumulus Media reported its operating results for the second quarter of 2026. Quarterly operating results directly affect perceptions of financial health and near-term stock valuation.
29 Apr
Cumulus Media, Inc. (CMLSQ) reported operating results for the first quarter of 2026. Quarterly operating results disclosure significantly impacts financial performance metrics and investor sentiment toward the company's trajectory.
15 Apr
Cumulus Media Inc. (CMLSQ) secured U.S. Bankruptcy Court approval for its prepackaged Chapter 11 reorganization plan, paving the way to eliminate nearly $1 billion in debt, reduce annual interest expenses by $70 million, and emerge from bankruptcy in weeks with strengthened balance sheet and full liquidity. Court approval of the reorganization plan eliminates nearly $1 billion in debt and enables rapid emergence from Chapter 11, fundamentally transforming Cumulus Media's financial health and long-term prospects.
10 Apr
Cumulus Media, Inc. (CMLSQ) reported operating results for 2025. Operating results directly influence financial performance, stock price, and investor sentiment.
25 Mar
Cumulus Media’s Westwood One secures exclusive multiplatform audio coverage of the 2026 NCAA Women’s Basketball Tournament. Exclusive NCAA tournament audio rights enhance Cumulus Media's sports content portfolio and ad revenue potential moderately.
11 Mar
Cumulus Media’s Westwood One secures exclusive multiplatform audio coverage of the 2026 NCAA Men’s Basketball Tournament. Exclusive rights to NCAA Men’s Basketball Tournament audio coverage represent a major content win boosting audience engagement and ad revenue potential for Cumulus Media.
9 Mar
Cumulus Media files for bankruptcy. Company owns radio stations including The Ticket and The Wolf. Bankruptcy filing signals severe financial distress that will force restructuring or liquidation of Cumulus Media.
6 Mar
Cumulus Media, in Restructuring Support Agreement with lenders, files for Chapter 11 bankruptcy to eliminate $600 million of debt. Bankruptcy restructuring eliminates $600M debt, fundamentally transforming Cumulus Media's balance sheet and long-term prospects.
5 Mar
Cumulus Media, owner of WXLO, filed an amendment to its Chapter 11 bankruptcy plan that eliminates all outstanding debt. Eliminating all debt through Chapter 11 restructuring fundamentally transforms Cumulus Media's financial health and long-term market prospects.
Cumulus Media announces agreement to eliminate substantially all remaining debt and significantly strengthen financial position. Eliminating nearly all debt fundamentally strengthens Cumulus Media's balance sheet, reduces financial risk, and enhances long-term prospects.
17 Feb
Mark Levin to launch new vodcast series distributed by Cumulus Media across YouTube and Rumble, expanding his syndicated content into video format. Vodcast series by prominent host Mark Levin bolsters Cumulus Media's digital content expansion and competitive edge in multi-platform media.
7 Feb
Westwood One, a subsidiary of Cumulus Media, Inc., is set to provide comprehensive coverage for NFL Super Bowl LX, featuring pre-game and post-game shows, as well as live commentary during the game. The coverage will include contributions from notable sports personalities and will be accessible across various platforms, enhancing listener engagement and reach. This initiative aims to capitalize on the high viewership and advertising potential associated with the Super Bowl, reinforcing Westwood One's position in sports broadcasting. The Super Bowl coverage is a significant strategic move that could enhance advertising revenue and strengthen market positioning.
5 Feb
Cumulus Media, Inc.'s Westwood One is set to provide comprehensive coverage for NFL Super Bowl LX, featuring a range of programming including pre-game shows, live updates, and post-game analysis. The coverage will include contributions from notable personalities and will be accessible across various platforms, enhancing listener engagement and reach during one of the biggest sporting events in the U.S. The Super Bowl coverage is expected to enhance audience engagement and advertising revenue, but its overall impact on long-term performance is likely to be limited.
22 Jan
Westwood One, a subsidiary of Cumulus Media, will broadcast NFL Championship Sunday, sponsored by Intuit TurboTax. This event marks a significant partnership, enhancing Westwood One's presence in sports broadcasting and providing advertisers with a prime opportunity to reach a large audience during one of the most-watched events in American sports. The broadcast partnership may enhance revenue and brand visibility, but its overall impact on Cumulus Media's long-term trajectory is expected to be limited.
21 Jan
Cumulus Media, Inc. has entered into a joint partnership with Eon Media to develop and launch AI-driven initiatives. This collaboration aims to enhance content creation and audience engagement through innovative technology solutions, positioning both companies to leverage advancements in artificial intelligence within the media landscape. The partnership is expected to significantly impact Cumulus Media's strategic direction and competitive positioning in the evolving media industry.
15 Jan
Westwood One, a subsidiary of Cumulus Media, will broadcast the NFL Divisional Round games, sponsored by Intuit TurboTax. This partnership aims to enhance listener engagement and expand the reach of NFL content across various platforms, including radio and digital channels. The broadcasts will feature comprehensive coverage and analysis, catering to football fans nationwide. The partnership with the NFL is expected to enhance audience engagement and advertising revenue, but its overall impact on Cumulus Media's long-term trajectory is likely to be limited.
Cumulus Media, Inc. has appointed Carol Flaton to its Board of Directors, expanding its leadership team. Flaton brings extensive experience in media and technology, having held various executive roles in prominent companies. Her appointment is expected to enhance the board's expertise and support Cumulus Media's strategic initiatives. The addition of a new board member with relevant experience may positively influence the company's strategic direction and operations.
12 Jan
Dan Bongino is returning to the Cumulus Podcast Network with the relaunch of The Dan Bongino Show. The show will feature Bongino's signature commentary on current events and politics, aiming to engage his audience with fresh content. This relaunch marks a significant move for Cumulus Media as it seeks to strengthen its podcast offerings and attract listeners. The relaunch of a popular show is expected to moderately influence audience engagement and advertising revenue for Cumulus Media.
9 Jan
Westwood One, a subsidiary of Cumulus Media, will broadcast the NFL Wild Card Weekend, with Verizon as the presenting sponsor. The broadcasts will feature live coverage of the games, including pre-game and post-game shows, enhancing the listening experience for fans. This partnership aims to leverage Verizon's technology to deliver high-quality audio content during the playoffs, showcasing the collaboration between media and telecommunications in sports broadcasting. The partnership with the NFL and Verizon is expected to enhance Cumulus Media's market positioning and listener engagement, but its overall impact on long-term performance remains limited.
18 Dec
Westwood One Sports has announced its new sports talk lineup, featuring prominent personalities and shows aimed at enhancing its programming. The lineup includes established hosts and fresh content designed to engage sports fans across various platforms. This strategic move is part of Cumulus Media's efforts to strengthen its position in the competitive sports broadcasting market. The new sports talk lineup may enhance audience engagement and competitive positioning but is not expected to drastically alter overall market performance.
3 Dec
Cumulus Media's Westwood One has announced that Drake C. Toll, known for his work with the Savannah Bananas, will host the mornings on its new 24/7 sports talk lineup. This move aims to enhance the network's sports programming and attract a wider audience. The addition of a popular host to the sports talk lineup may moderately influence audience engagement and market positioning.
12 Nov
Cumulus Media, Inc. has announced the integration of the Shots Podcast Network into its Cumulus Podcast Network. This move aims to enhance the company's podcast offerings by providing unfiltered entertainment to a broader audience, potentially reaching millions of listeners. The partnership is expected to strengthen Cumulus's position in the competitive podcasting landscape. The integration of the Shots Podcast Network is likely to enhance Cumulus's content portfolio and listener engagement, impacting its competitive positioning.
6 Nov
Chris Van Vliet has joined the Cumulus Podcast Network, bringing his expertise in entertainment and media to enhance the network's offerings. Known for his engaging interviews and dynamic presence, Van Vliet aims to attract a broader audience and elevate the podcasting experience. His addition is expected to strengthen Cumulus Media's position in the competitive podcasting landscape. The addition of a well-known personality like Chris Van Vliet may enhance audience engagement and content quality, but its overall impact on Cumulus Media's trajectory is expected to be limited.
4 Nov
Cumulus Media, Inc. (CMLS) reported its Q3 2025 earnings, highlighting strategic initiatives to navigate ongoing challenges in the media landscape. The company emphasized its focus on digital growth and operational efficiency while addressing market pressures. Key financial metrics showed resilience, with management outlining plans to enhance revenue streams and adapt to changing consumer behaviors. The call underscored the importance of innovation and strategic partnerships in maintaining competitive positioning. Significant strategic moves and a focus on digital growth are likely to impact future performance and investor sentiment.
30 Oct
Cumulus Media, Inc. reported its operating results for the third quarter of 2025, highlighting a significant increase in revenue driven by strong advertising sales and digital growth. The company also noted improvements in operating income and adjusted EBITDA, reflecting effective cost management strategies. Cumulus Media's focus on expanding its digital platforms and enhancing listener engagement contributed to its positive performance. The outlook for the remainder of the year remains optimistic, with expectations for continued growth in both traditional and digital advertising segments. Strong revenue growth and effective cost management indicate a significant positive shift in the company's financial trajectory.
Cumulus Media, Inc. (CMLS) reported a loss for Q3, exceeding revenue estimates despite the financial setback. The company's revenue performance indicates resilience in a challenging market environment, although the loss raises concerns about future profitability. Analysts are closely monitoring the implications of these results on Cumulus Media's operational strategies and market positioning. The reported loss, while concerning, is offset by revenue that beats estimates, suggesting a balanced impact on overall performance.
29 Oct
Cumulus Media's Westwood One has appointed Armen Williams as the Executive Director of 24/7 Sports Programming. Williams, who has extensive experience in sports programming and content creation, will oversee the development and execution of sports content across various platforms. His role aims to enhance Westwood One's offerings in the competitive sports broadcasting landscape. The appointment of Armen Williams is expected to moderately influence Cumulus Media's competitive positioning in the sports programming sector.
21 Oct
Cumulus Media, Inc. and Audacy have launched Westwood One Sports, a 24/7 programming service dedicated to sports content. This initiative aims to enhance the sports broadcasting landscape and provide comprehensive coverage of various sports events, catering to a growing audience of sports enthusiasts. The collaboration is expected to leverage both companies' strengths in audio content and distribution, positioning them competitively in the sports media market. The launch of Westwood One Sports is expected to moderately influence Cumulus Media's competitive positioning and market presence in the sports broadcasting sector.
2 Oct
Vernon Davis, former NFL player, has joined the Cumulus Podcast Network to host a new podcast titled 'The Next Role.' The show will focus on the transition from sports to various career paths, featuring interviews with athletes and industry professionals. This addition aims to enhance Cumulus Media's podcast offerings and attract a broader audience interested in sports and career development. The introduction of a new podcast with a notable host may enhance audience engagement and diversify content offerings, impacting market sentiment moderately.
Cumulus Media, Inc. has announced that the podcast 'Family Matters' will join its podcast network. This addition aims to enhance Cumulus's content offerings and expand its audience reach in the podcasting space. The show focuses on family dynamics and relationships, aligning with Cumulus's strategy to diversify its programming and engage listeners with relatable content. The addition of 'Family Matters' to the podcast network may enhance audience engagement and diversify content offerings, but its overall impact on financial performance is expected to be limited.