Entercom Communications

Entercom Communications Corp. (NYSE: ETM), led by President and CEO David Field, is one of the largest radio broadcasting companies in the United States, with a nationwide portfolio of over 100 stations in 23 markets, including San Francisco, Boston, Seattle, Denver, Portland, Sacramento and Kansas City.

Known for developing unique and highly successful locally programmed stations, Entercom is home to some of radio’s most distinguished brands and compelling personalities. The company is also the radio broadcast partner of the Boston Red Sox, Buffalo Bills, Buffalo Sabres, Kansas City Royals, Memphis Grizzlies, New Orleans Saints, New Orleans Pelicans, Oakland Athletics, Oakland Raiders and San Jose Sharks.

Entercom focuses on creating effective multi-platform marketing solutions for its customers, incorporating the company’s audio, digital and experiential assets. Additionally, the company has a long-standing commitment to responsible corporate citizenship and environmental stewardship. Entercom stations play a vital, hands-on role in improving their communities, providing over $100 million in annual support for local charitable organizations.

The company’s radio stations have received numerous awards, including multiple Edward R. Murrow Awards for excellence in broadcast journalism, as well as the National Association of Broadcasters (NAB) Marconi Award for excellence in radio broadcasting. In 2012, Entercom was named by Information Week as one of the Top 500 Technology Innovators in the United States. 

Company Growth (employees)
Type
Public
HQ
Bala Cynwyd, US
Founded
1968
Size (employees)
1,683 (est)+5%
Entercom Communications was founded in 1968 and is headquartered in Bala Cynwyd, US

Entercom Communications Office Locations

Entercom Communications has offices in Bala Cynwyd, Austin, Providence, Wilkes-Barre and in 27 other locations
Bala Cynwyd, US (HQ)
809 401 City Avenue

Entercom Communications Data and Metrics

Entercom Communications Financial Metrics

Entercom Communications's revenue was reported to be $460.2 m in FY, 2016 which is a 12% increase from the previous period.
Numbers are in $, USD

Revenue (FY, 2016)

460.2 m

Revenue growth (FY, 2015 - FY, 2016), %

12%

Net income (FY, 2016)

38.1 m

EBIT (FY, 2016)

98.1 m

Market capitalization (26-May-2017)

425.4 m

Closing share price (26-May-2017)

9.9

Cash (31-Dec-2016)

46.8 m
Entercom Communications's current market capitalization is $425.4 m.
Numbers are in $, USDFY, 2013FY, 2014FY, 2015FY, 2016

Revenue

377.6 m379.8 m411.4 m460.2 m

Revenue growth, %

1%8%12%

Operating expense total

285.1 m294.2 m325.8 m362.2 m

EBIT

92.6 m85.6 m85.6 m98.1 m

EBIT margin, %

25%23%21%21%

Interest expense

44.2 m38.8 m38 m36.6 m

Pre tax profit

48.5 m46.7 m47.6 m52.9 m

Income tax expense

22.5 m19.9 m18.4 m14.8 m

Net Income

26 m26.8 m29.2 m38.1 m
Numbers are in $, USDFY, 2013FY, 2014FY, 2015FY, 2016

Cash

12.2 m31.5 m9.2 m46.8 m

Accounts Receivable

Inventories

Current Assets

91.3 m110 m106.1 m146.7 m

Goodwill

38.9 m38.9 m32.6 m32.7 m

Total Assets

912.7 m926.6 m1 b1.1 b

Accounts Payable

200 k324 k73 k481 k

Current Liabilities

29.7 m30.8 m68.6 m67.7 m

Non-Current Liabilities

584.6 m566.8 m564.4 m587.4 m

Total Liabilities

614.3 m597.6 m633 m655.1 m

Common Stock

385 k391 k397 k407 k

Preferred Stock

Additional Paid-in Capital

604.7 m608.5 m611.8 m605.6 m

Retained Earnings

(306.7 m)(279.9 m)(250.7 m)(212.6 m)

Total Equity

298.4 m329 m361.5 m393.4 m

Financial Leverage

3.1 x2.8 x2.8 x2.7 x
Numbers are in $, USDFY, 2013FY, 2014FY, 2015FY, 2016

Net Income

26 m26.8 m29.2 m38.1 m

Depreciation and Amortization

8.5 m7.8 m8.4 m9.8 m

Accounts Receivable

(1.7 m)565 k(4 m)(4.2 m)

Inventories

Accounts Payable

Cash From Operating Activities

63.3 m65.3 m64.8 m72 m

Purchases of PP&E

(4.3 m)(8.4 m)(7 m)(7.3 m)

Cash From Investing Activities

(4.6 m)(7.1 m)(91.7 m)495 k

Long-term Borrowings

(86 m)(53 m)(51.3 m)(293.3 m)

Cash From Financing Activities

(55.5 m)(38.9 m)4.6 m(34.9 m)

Interest Paid

41 m35.6 m34.8 m34.6 m

Income Taxes Paid

69 k79 k81 k381 k
Y, 2016

Financial Leverage

2.7 x

Entercom Communications Market Value History

Entercom Communications Job Categories

Entercom Communications Online and Social Media Presence

Entercom Communications Company Life and Culture

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