iHeartMedia

iHeartMedia, Inc. consists of two main media businesses: Clear Channel Outdoor Holdings (NYSE: CCO) and the wholly owned iHeartMedia. Between these divisions, the company focuses on providing a spectrum of multi-platform advertising and marketing opportunities for partners and world-class entertainment for listeners and users.

Across the board, iHeartMedia, Inc. continues to focus on developing innovative and dynamic campaigns for advertisers. Clear Channel Outdoor operates close to one million displays in 45 countries across five continents, and continues to expand upon traditional billboard advertising by packaging unique combinations of displays in airports, rails, malls and more worldwide. The company’s focus on investing in new technologies has led to the growth of its digital footprint. These digital products help to create the ultimate advertising platform for out-of-the-box campaigns, featuring countdowns, video, time-sensitive updates and social media integration. Its iHeartMedia division has the largest reach of any radio or television outlet in America with 245 million monthly listeners. It serves 150 markets through 850 owned radio stations in the U.S.

The company’s operations also include, online and mobile services, including iHeartRadio – the free all-in-one, industry-leading digital radio service; live concerts and events such as the iHeartRadio Music Festival; program syndication; real-time traffic services; music research services; and independent media representation. With the advent of new properties, platforms and opportunities, iHeartMedia, Inc. looks forward to continuing along the path towards a creative, dynamic and innovative future.

Company Growth (employees)
Type
Public
HQ
San Antonio, US
Founded
1972
Size (employees)
18,700 (est)
iHeartMedia was founded in 1972 and is headquartered in San Antonio, US

Key People at iHeartMedia

Bob Pittman

Bob Pittman

Chairman and Chief Executive Officer
Richard Bressler

Richard Bressler

President, Chief Operating Officer and Chief Financial Officer
Wendy Goldberg

Wendy Goldberg

Executive Vice President and Chief Communications Officer

iHeartMedia Office Locations

iHeartMedia has offices in San Antonio, Long Island City, New York, Burbank and in 129 other locations
San Antonio, US (HQ)
200 East Basse Road
Fresno, US
83 E Shaw Ave #150
Burbank, US
3400 W Olive Ave #550
New York, US
32 6th Ave
Long Island City, US
2825 Borden Ave

iHeartMedia Data and Metrics

iHeartMedia Financial Metrics

iHeartMedia's revenue was reported to be $6.3 b in FY, 2016 which is a 1% increase from the previous period.
Numbers are in $, USD

Revenue (FY, 2016)

6.3 b

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

1%

Net income (FY, 2016)

(240 m)

EBIT (FY, 2016)

1.5 b

Market capitalization (26-May-2017)

158.5 m

Closing share price (26-May-2017)

2.2

Cash (31-Dec-2016)

845 m

EV

19.7 b
iHeartMedia's current market capitalization is $158.5 m.
Numbers are in $, USDFY, 2013FY, 2014FY, 2015FY, 2016

Revenue

6.2 b6.3 b6.2 b6.3 b

Revenue growth, %

1%(1%)1%

EBIT

1 b1.1 b1.1 b1.5 b

EBIT margin, %

16%17%18%24%

Pre tax profit

(705.3 m)703.7 m(650.5 m)(290.5 m)

Net Income

(583.5 m)(762.2 m)(737.5 k)(240 m)
Numbers are in $, USDFY, 2013FY, 2014FY, 2015FY, 2016

Cash

708.2 m457 m772.7 m845 m

Current Assets

2.5 b2.2 b2.8 b2.5 b

Goodwill

4.2 b4.2 b4.1 b4.1 b

Total Assets

15.1 b14 b13.8 b12.9 b

Total Debt

20.5 b20.3 b20.9 b20.4 b

Current Liabilities

1.8 b1.4 b1.7 b1.7 b

Common Stock

89 k89 k30 k31 k

Additional Paid-in Capital

2.1 b2.1 b2.1 b2.1 b

Retained Earnings

(10.9 b)(11.7 b)(12.4 b)(12.7 b)

Total Equity

(8.7 b)(9.7 b)(10.6 b)(10.9 b)

Debt to Equity Ratio

-2.4 x-2.1 x-2 x-1.9 x

Debt to Assets Ratio

1.4 x1.4 x1.5 x1.6 x

Financial Leverage

-1.7 x-1.5 x-1.3 x-1.2 x
Numbers are in $, USDFY, 2013FY, 2014FY, 2015FY, 2016

Net Income

(583.5 m)(762.2 m)(737.5 k)(240 m)

Accounts Receivable

(29.6 m)(13.9 m)(121.6 m)(14.5 m)

Accounts Payable

(2.6 m)6.4 m27.4 m3.1 m

Cash From Operating Activities

212.9 m245.1 m(77.3 m)(14 m)

Purchases of PP&E

(324.5 m)(318.2 m)(296.4 m)(314.7 m)

Cash From Investing Activities

(133.4 m)(88.7 m)30.2 m510.9 m

Short-term Borrowings

(27.3 m)(315.7 m)(123.8 m)(2.1 m)

Long-term Borrowings

(1.2 b)(2.1 b)(931.4 m)(421.3 m)

Cash From Financing Activities

(595.9 m)(398 m)377.4 m(418.2 m)

Interest Paid

1.5 b1.5 b1.7 b1.8 b

Income Taxes Paid

50.9 m53.1 m52.2 m44.8 m
Numbers are in $, USDY, 2016

EV/EBIT

13.1 x

EV/CFO

-1.4 k x

Revenue/Employee

335.5 k

Debt/Equity

-1.9 x

Debt/Assets

1.6 x

Financial Leverage

-1.2 x

iHeartMedia Market Value History

iHeartMedia Job Categories

iHeartMedia Online and Social Media Presence

iHeartMedia Company Life and Culture

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