Clear Channel Outdoor (CCO) stock price, revenue, and financials

Clear Channel Outdoor market cap is $454.2 m, and annual revenue was $2.68 b in FY 2019

$454.2 M

CCO Mkt cap, 23-Sept-2020

$314.9 M

Clear Channel Outdoor Revenue Q2, 2020
Clear Channel Outdoor Gross profit (Q2, 2020)60.4 M
Clear Channel Outdoor Gross profit margin (Q2, 2020), %19.2%
Clear Channel Outdoor Net income (Q2, 2020)-142.6 M
Clear Channel Outdoor EBIT (Q2, 2020)-68.6 M
Clear Channel Outdoor Cash, 30-Jun-2020662.1 M
Clear Channel Outdoor EV6.7 B

Clear Channel Outdoor Revenue

Clear Channel Outdoor revenue was $2.68 b in FY, 2019 which is a 1.4% year over year decrease from the previous period.

Embed Graph

Clear Channel Outdoor Revenue Breakdown

Embed Graph

Clear Channel Outdoor revenue breakdown by business segment: 72.0% from Revenue from Contracts with Customers and 28.0% from Revenue from Leases

Clear Channel Outdoor revenue breakdown by geographic segment: 8.8% from Asia-Pacific and Other, 40.5% from Europe, 47.4% from United States and 3.3% from Other

Clear Channel Outdoor Income Statement

Annual

USDFY, 2016FY, 2017FY, 2018FY, 2019

Revenue

2.7b2.6b2.7b2.7b

Revenue growth, %

(4%)(4%)5%(1%)

Cost of goods sold

1.4b1.4b1.5b1.5b

Gross profit

1.3b1.2b1.3b1.2b

Gross profit Margin, %

47%46%46%46%

General and administrative expense

515.2m508.6m522.9m520.9m

Operating expense total

629.3m956.1m999.2m978.7m

Depreciation and amortization

344.1m326.0m319.0m309.3m

EBIT

637.5m232.4m251.8m252.9m

EBIT margin, %

24%9%9%9%

Interest expense

374.9m381.1m388.1m418.2m

Pre tax profit

241.1m(907.7m)(170.3m)(289.5m)

Income tax expense

76.7m(280.2m)32.5m72.3m

Net Income

164.4m(627.5m)(202.8m)(361.8m)

EPS

0.4(1.8)(0.6)(0.9)

Clear Channel Outdoor Balance Sheet

Annual

USDFY, 2016FY, 2017FY, 2018FY, 2019

Cash

542.0m144.1m182.5m398.9m

Accounts Receivable

593.1m659.5m706.3m709.7m

Prepaid Expenses

111.6m11.9m95.7m60.6m

Current Assets

1.3b974.2m1.0b1.2b

PP&E

1.4b1.4b1.3b1.2b

Goodwill

696.3m714.0m706.0m704.2m

Total Assets

5.7b4.7b4.5b6.4b

Accounts Payable

86.9m88.0m113.7m94.6m

Short-term debt

7.0m573.0k227.0k408.2m

Current Liabilities

641.7m657.5m729.8m1.2b

Long-term debt

5.1b5.3b5.3b6.6b

Total Debt

5.1b5.3b5.3b7.0b

Total Liabilities

8.4b

Common Stock

3.6m3.7m3.7m4.7m

Additional Paid-in Capital

3.4b3.1b3.1b3.5b

Retained Earnings

(4.1b)(4.8b)(5.0b)(5.3b)

Total Equity

(932.8m)(1.8b)(2.1b)(2.1b)

Debt to Equity Ratio

-5.5 x-2.9 x-2.5 x-3.4 x

Debt to Assets Ratio

0.9 x1.1 x1.2 x1.1 x

Financial Leverage

-6.1 x-2.5 x-2.2 x-3.1 x

Clear Channel Outdoor Cash Flow

Annual

USDFY, 2016FY, 2017FY, 2018FY, 2019

Net Income

164.4m(627.5m)(202.8m)(361.8m)

Depreciation and Amortization

344.1m326.0m319.0m309.3m

Accounts Receivable

30.3m(39.8m)(74.6m)(12.6m)

Accounts Payable

(3.8m)(4.1m)29.2m(13.5m)

Cash From Operating Activities

310.3m147.6m187.3m214.5m

Purchases of PP&E

(229.8m)(224.2m)(211.1m)(221.2m)

Cash From Investing Activities

551.5m(175.9m)(203.6m)(220.0m)

Short-term Borrowings

(2.1m)(909.0k)

Long-term Borrowings

(2.3m)(748.0k)(632.0k)(5.7b)

Dividends Paid

(755.5m)(332.8m)(30.7m)(740.0k)

Cash From Financing Activities

(726.5m)(379.5m)40.7m220.0m

Net Change in Cash

129.3m(397.9m)14.6m214.2m

Interest Paid

368.1m374.3m375.5m323.9m

Income Taxes Paid

40.2m33.7m29.0m25.2m

Clear Channel Outdoor Ratios

USDFY, 2016

Revenue/Employee

465.9k

Debt/Equity

-5.5 x

Debt/Assets

0.9 x

Financial Leverage

-6.1 x

Clear Channel Outdoor Operating Metrics

FY, 2016Q1, 2017Q2, 2017Q3, 2017Q4, 2017FY, 2017Q1, 2018Q2, 2018Q3, 2018Q4, 2018FY, 2018Q1, 2019Q2, 2019Q3, 2019Q4, 2019FY, 2019Q1, 2020

Displays

590 k585 k580 k570 k560 k450 k450 k450 k440 k450 k450 k460 k570 k

Digital Billboards (Americas)

1.17 k1.18 k1.18 k1.19 k1.23 k1.24 k1.26 k1.29 k1.20 k1.30 k1.30 k1.40 k1.40 k

Digital Displays (International)

12.50 k12.80 k13.30 k13.50 k14 k14 k13 k13.50 k13.50 k14 k15 k15 k16 k

New Digital Billboards (Americas)

23 12 36 14 14 29 26 18 35 19

New Digital Displays (International)

557 473 335 437 555 446 491 1 k792 2.10 k

Digital Displays (Americas)

1.60 k1.60 k1.70 k1.90 k

Display Structures (Americas)

99 k94 k79 k

Displays (International)

490 k480 k380 k390 k

Digital Displays (Europe)

15 k

Digital Displays (Other Markets)

900

Markets

21 32

New Digital Displays (Europe)

208

Clear Channel Outdoor Employee Rating

2.9291 votes
Culture & Values
2.7
Work/Life Balance
3.2
Senior Management
2.6
Salary & Benefits
2.7
Career Opportunities
2.5
Source