Clear Channel Outdoor

As the global leader of outdoor advertising, Clear Channel Outdoor empowers advertisers with the ability to reach consumers on the move like no one else can.

Clear Channel Outdoor is one of the world’s largest outdoor advertising companies with more than 675,000 displays reaching more than half a billion people in more than 40 countries on five continents each month. 
We help advertisers create inspiring out-of-home campaigns via traditional and digital display formats in roadside, urban, transit and airport environments, on street furniture and at retail near point of sale. 

In the U.S., Clear Channel Outdoor operates in 43 of the top 50 U.S. markets and has a growing digital outdoor network now surpassing 1,110 displays. We enable brands to engage with people when they are out and about, and are pioneering the integration of out-of-home with mobile and social media to turn awareness and inspiration into engagement and purchase.

Company Growth (employees)
Type
Public
HQ
New York, US
Founded
1901
Size (employees)
5,800 (est)
Clear Channel Outdoor was founded in 1901 and is headquartered in New York, US

Clear Channel Outdoor Office Locations

Clear Channel Outdoor has an office in New York
New York, US (HQ)
99 Park Ave

Clear Channel Outdoor Data and Metrics

Clear Channel Outdoor Financial Metrics

Clear Channel Outdoor's revenue was reported to be $544.7 m in Q1, 2017
USD

Revenue (Q1, 2017)

544.7 m

Net income (Q1, 2017)

(31 m)

EBIT (Q1, 2017)

21.6 m

Market capitalization (17-Aug-2017)

1.5 b

Cash (31-Mar-2017)

200.6 m
Clear Channel Outdoor's current market capitalization is $1.5 b.
USDFY, 2013FY, 2014FY, 2015FY, 2016

Revenue

2.9 b3 b2.8 b2.7 b

Revenue growth, %

1%(5%)(4%)

General and administrative expense

126.7 m

Operating expense total

126.7 m

EBIT

292.2 m278.7 m261.3 m250.9 m

EBIT margin, %

10%9%9%9%

Interest expense

88.7 m88.1 m89.6 m93.1 m

Pre tax profit

37 m45.7 m37.4 m147.4 m

Income tax expense

(17.9 m)6.3 m(69.9 m)(39.1 m)

Net Income

(24.3 m)17.1 m(71.3 m)164.4 m
USDQ2, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017

Revenue

742.8 m615 m722.8 m696.3 m590.7 m712.1 m673.1 m544.7 m

General and administrative expense

139.6 m135.6 m126.2 m115.8 m

Operating expense total

140.3 m135.6 m126.2 m115.8 m

EBIT

73 m(3.3 m)95.1 m53 m291.4 m34.5 m60.8 m21.6 m

EBIT margin, %

10%(1%)13%8%49%5%9%4%

Interest expense

87.7 m89.4 m88.6 m88.1 m93.9 m94.7 m93.3 m92.6 m

Pre tax profit

6.8 m(57.1 m)36.5 m(38 m)204 m(83 m)(27.3 m)(52.8 m)

Income tax expense

(5.4 m)24.1 m(27.2 m)22.8 m(62.9 m)21.7 m3.6 m21.8 m

Net Income

1.4 m(33 m)(23.7 m)(38.9 m)141.1 m79.8 m56.1 m(31 m)
USDFY, 2013FY, 2014FY, 2015FY, 2016

Cash

314.5 m186.2 m412.7 m542 m

Current Assets

1.2 b1.1 b1.6 b1.3 b

Goodwill

850.1 m817.1 m758.6 m696.3 m

Total Assets

6.8 b6.4 b6.4 b5.7 b

Accounts Payable

85.9 m75.9 m100.2 m86.9 m

Dividends Payable

217 m

Total Debt

4.9 b4.9 b5.2 b5.1 b

Current Liabilities

773.6 m717.8 m920.6 m641.7 m

Common Stock

3.6 m3.6 m467 k479 k

Additional Paid-in Capital

4.3 b4.2 b4 b3.4 b

Retained Earnings

(4.2 b)(4.2 b)(4.3 b)(4.1 b)

Total Equity

160.1 m(140.9 m)(569.7 m)(932.8 m)

Debt to Equity Ratio

30.8 x-35 x-9.1 x-5.5 x

Debt to Assets Ratio

0.7 x0.8 x0.8 x0.9 x

Financial Leverage

42.2 x-45.1 x-11.2 x-6.1 x
USDQ2, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017

Cash

203.8 m207.3 m129.9 m172.9 m489.6 m439.5 m394.3 m200.6 m

Accounts Receivable

687.3 m

Current Assets

1.1 b1.1 b1.1 b1.1 b1.4 b1.3 b1.3 b964.6 m

Goodwill

831.4 m800.3 m807.5 m801 m749.9 m744 m738.6 m699.8 m

Total Assets

6.4 b6.2 b6.2 b6.1 b5.7 b5.7 b5.7 b5.4 b

Accounts Payable

74.2 m74.2 m69.7 m74.6 m83.9 m85.2 m71.1 m70.6 m

Current Liabilities

722.2 m660.7 m669.1 m669 m666.2 m655.8 m666.8 m624.7 m

Common Stock

3.6 m3.6 m3.6 m466 k471 k

Additional Paid-in Capital

4.2 b4.2 b4.2 b4.2 b3.4 b3.4 b3.4 b3.2 b

Retained Earnings

(4.2 b)(4.2 b)(4.2 b)(4.2 b)(4.1 b)(4.2 b)(4.2 b)(4.2 b)

Total Equity

(132.6 m)(255.3 m)(263.3 m)(297.8 m)

Financial Leverage

-48.2 x-24.2 x-23.5 x-20.6 x
USDFY, 2013FY, 2014FY, 2015FY, 2016

Net Income

(24.3 m)17.1 m(71.3 m)164.4 m

Depreciation and Amortization

403.2 m406.2 m376 m86 m

Accounts Receivable

43.4 m(39 m)(57 m)30.3 m

Accounts Payable

(10.4 m)(4.5 m)30.6 m(3.8 m)

Cash From Operating Activities

414.6 m348.4 m298.9 m310.3 m

Purchases of PP&E

(206.2 m)(231.2 m)(218.3 m)(229.8 m)

Cash From Investing Activities

(177.7 m)(206.4 m)(257.7 m)551.5 m

Long-term Borrowings

(6.6 m)(48 k)(56 k)(2.3 m)

Dividends Paid

(200 m)(175 m)(755.5 m)

Cash From Financing Activities

(484.4 m)(261.3 m)199.1 m(726.5 m)

Interest Paid

346.8 m347.8 m356 m368.1 m

Income Taxes Paid

46.3 m43.3 m43.8 m40.2 m
USDQ2, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017

Net Income

1.4 m(33 m)(23.7 m)(38.9 m)141.1 m79.8 m56.1 m(31 m)

Depreciation and Amortization

297.9 m94.1 m187.5 m280.5 m85.4 m172.4 m258.1 m77.5 m

Accounts Receivable

(7.2 m)34.1 m(40.9 m)(37.3 m)80 m32.1 m49.7 m37.1 m

Accounts Payable

(9.2 m)4.4 m(2.5 m)2.9 m(18.2 m)(26.5 m)

Cash From Operating Activities

188.9 m9.7 m54.5 m126.2 m16.2 m88.8 m190.2 m(50.1 m)

Purchases of PP&E

(135.5 m)(41.8 m)(90 m)(138.6 m)(47.2 m)(97.1 m)(148 m)(36.3 m)

Cash From Investing Activities

(111 m)(40.9 m)(89.8 m)(134 m)523.5 m454.7 m411.7 m16.3 m

Long-term Borrowings

(35 k)(13 k)(27 k)(41 k)(517 k)(1.1 m)(2 m)(163 k)

Dividends Paid

(175 m)(754.2 m)(754.2 m)(755.1 m)(281.7 m)

Cash From Financing Activities

(184.4 m)58.1 m(17.1 m)5.4 m(466.5 m)(516.9 m)(619.2 m)(311.1 m)

Interest Paid

87.7 m174.6 m261.5 m86 m179 m271.8 m86.8 m

Income Taxes Paid

9.6 m19.2 m29.4 m14.6 m24.2 m34.8 m17.2 m
USDY, 2017

Revenue/Employee

93.9 k

Clear Channel Outdoor Market Value History

Traffic Overview of Clear Channel Outdoor

Clear Channel Outdoor Online and Social Media Presence

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