OUTFRONT Media Inc. provides advertising space on out-of-home advertising structures and sites primarily in the United States and Canada. Its portfolio primarily consists of billboard displays, which are principally located on the heavily traveled highways and roadways; and transit advertising displays with multi-year contracts with municipalities in various cities across the United States. The company also offers value-added services, such as pre-campaign category research, consumer insights, creative design support, vinyl production, and post-campaign tracking and analytics. It primarily serves the retail, television, and healthcare/pharmaceutical industries. The company qualifies as a real estate investment trust for federal income tax purposes. It generally would not be subject to federal corporate income taxes if it distributes at least 90% of its taxable income to its stockholders. The company was formerly known as CBS Outdoor Americas Inc. and changed its name to OUTFRONT Media Inc. in November 2014.
Closing share price
|FY, 2012||FY, 2013||FY, 2014||FY, 2015|
|$1.28 B||$1.29 B||$1.35 B||$1.51 B|
|$183 M||$86.4 M|
|$307 M||$-29.4 M|
Operating cash flow
|$-1.3 M||$78.8 M|