CCO - Clear Channel Outdoor Holdings, Inc.
NYSE
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Communication Services
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Advertising Agencies
San Antonio,
United States
Type: Equity
CCO price evolution
CCO
| (in millions $) | 31 Dec 2023 | 30 Sep 2023 | 30 Jun 2023 | 31 Mar 2023 |
|---|---|---|---|---|
| Current assets | ||||
| Cash | $251.65 | $313.41 | $232.88 | $339.98 |
| Short term investments | ||||
| Net receivables | $499.81 | $441.54 | $525.63 | $523.01 |
| Inventory | ||||
| Total current assets | $957.4 | $870.25 | $891.77 | $968.84 |
| Long term investments | ||||
| Property, plant & equipment | $2157.65 | $2084.09 | $2215.3 | $2292.11 |
| Goodwill & intangible assets | $1561.44 | $1573.44 | $1599.25 | $1612.05 |
| Total noncurrent assets | $3765.07 | $3778.68 | $3947.96 | $3980.08 |
| Total investments | ||||
| Total assets | $4722.48 | $4648.93 | $4839.73 | $4948.92 |
| Current liabilities | ||||
| Accounts payable | $449.21 | $379.48 | $499.88 | $528.42 |
| Deferred revenue | $50.88 | $72.84 | $87.6 | $95.2 |
| Short long term debt | $217.19 | $203.8 | $259.38 | $283.75 |
| Total current liabilities | $883.73 | $1033.22 | $964.96 | $1017.14 |
| Long term debt | $6957.43 | $6914.39 | $6875.84 | $6875.6 |
| Total noncurrent liabilities | $7289.49 | $7278.23 | $7280.14 | $7265.64 |
| Total debt | $7174.62 | $7118.19 | $7135.22 | $7159.36 |
| Total liabilities | $8173.22 | $8311.46 | $8245.09 | $8282.78 |
| Shareholders' equity | ||||
| Retained earnings | -$6780.88 | -$6805.65 | -$6542.16 | -$6504.86 |
| Other shareholder equity | -$227.34 | -$408.18 | -$408.92 | -$371.73 |
| Total shareholder equity | -$3463.04 | -$3673.77 | -$3416 | -$3346.31 |
| (in millions $) | 31 Dec 2023 | 31 Jan 2023 | 31 Dec 2021 | 31 Dec 2020 |
|---|---|---|---|---|
| Current assets | ||||
| Cash | $251.65 | $286.78 | $410.77 | $785.31 |
| Short term investments | ||||
| Net receivables | $499.81 | $619.83 | $643.12 | $468.33 |
| Inventory | $16.6 | |||
| Total current assets | $957.4 | $1120.92 | $1134.52 | $1334.76 |
| Long term investments | ||||
| Property, plant & equipment | $2157.65 | $2267.18 | $2394.71 | $2521.49 |
| Goodwill & intangible assets | $1561.44 | $1624.83 | $1687.82 | $1828.92 |
| Total noncurrent assets | $3765.07 | $3965.09 | $4164.83 | $4420.51 |
| Total investments | ||||
| Total assets | $4722.48 | $5086.01 | $5299.35 | $5755.27 |
| Current liabilities | ||||
| Accounts payable | $449.21 | $590.4 | $631.93 | $545.65 |
| Deferred revenue | $50.88 | $60.41 | $76.71 | $64.31 |
| Short long term debt | $217.19 | $279.44 | $337.86 | $365.19 |
| Total current liabilities | $883.73 | $1121.54 | $1112.94 | $1090.21 |
| Long term debt | $6957.43 | $6846.65 | $6894.7 | $6892.65 |
| Total noncurrent liabilities | $7289.49 | $7227.28 | $7380.38 | $7447.67 |
| Total debt | $7174.62 | $7126.09 | $7232.56 | $7257.84 |
| Total liabilities | $8173.22 | $8348.82 | $8493.33 | $8537.88 |
| Shareholders' equity | ||||
| Retained earnings | -$6780.88 | -$6469.95 | -$6373.35 | -$5939.53 |
| Other shareholder equity | -$227.34 | -$335.19 | -$350.95 | -$358.52 |
| Total shareholder equity | -$3463.04 | -$3275.67 | -$3205.03 | -$2793.46 |
| (in millions $) | 31 Dec 2023 | 30 Sep 2023 | 30 Jun 2023 | 31 Mar 2023 |
|---|---|---|---|---|
| Revenue | ||||
| Total revenue | $632.11 | $526.79 | $637.24 | $545.43 |
| Cost of revenue | $302.48 | $271.38 | $346.56 | $344.85 |
| Gross Profit | $329.63 | $255.41 | $290.68 | $200.59 |
| Operating activities | ||||
| Research & development | ||||
| Selling, general & administrative | $148.25 | $122.01 | $170.74 | $152.74 |
| Total operating expenses | $202.63 | $203.16 | $223.77 | $125.42 |
| Operating income | $127 | $52.25 | $66.91 | $75.17 |
| Income from continuing operations | ||||
| EBIT | $126.39 | -$156.34 | $66.19 | $75.67 |
| Income tax expense | -$5.2 | -$0.24 | -$1.76 | $7.83 |
| Interest expense | $106.81 | $107.39 | $105.24 | $102.75 |
| Net income | ||||
| Net income | $24.78 | -$263.49 | -$37.3 | -$34.91 |
| Income (for common shares) | $24.78 | -$263.49 | -$37.3 | -$34.91 |
| (in millions $) | 31 Dec 2023 | 31 Dec 2022 | 31 Dec 2021 | 31 Dec 2020 |
|---|---|---|---|---|
| Revenue | ||||
| Total revenue | $2127.14 | $2481.13 | $2241.12 | $1854.61 |
| Cost of revenue | $1092.69 | $1327.98 | $1270.26 | $1201.21 |
| Gross Profit | $1034.45 | $1153.15 | $970.86 | $653.4 |
| Operating activities | ||||
| Research & development | ||||
| Selling, general & administrative | $543.97 | $625.88 | $615.58 | $579.61 |
| Total operating expenses | $791.16 | $956.7 | $985.29 | $945.98 |
| Operating income | $243.29 | $196.46 | -$14.43 | -$292.58 |
| Income from continuing operations | ||||
| EBIT | $93.3 | $194.24 | -$117.89 | -$280.49 |
| Income tax expense | -$17.22 | -$71.83 | -$34.53 | -$58.01 |
| Interest expense | $421.43 | $362.68 | $350.46 | $360.26 |
| Net income | ||||
| Net income | -$310.92 | -$96.6 | -$433.81 | -$582.74 |
| Income (for common shares) | -$310.92 | -$96.6 | -$433.81 | -$582.74 |
| (in millions $) | 31 Dec 2023 | 30 Sep 2023 | 30 Jun 2023 | 31 Mar 2023 |
|---|---|---|---|---|
| Net income | $24.78 | -$263.49 | -$37.3 | -$34.91 |
| Operating activities | ||||
| Depreciation | $124.43 | $127.92 | $147.22 | $158.12 |
| Business acquisitions & disposals | -$43.27 | $1.6 | $1.53 | $87.85 |
| Stock-based compensation | $5.13 | $5.06 | $6.18 | $4.12 |
| Total cash flows from operations | $32.78 | $52.86 | -$65.29 | $10.91 |
| Investing activities | ||||
| Capital expenditures | -$54.03 | -$37.43 | -$36.7 | -$38.43 |
| Investments | ||||
| Total cash flows from investing | -$97.02 | -$35.91 | -$35.74 | $49.1 |
| Financing activities | ||||
| Dividends paid | ||||
| Sale and purchase of stock | ||||
| Net borrowings | -$0.27 | $78.56 | -$6.33 | -$5.5 |
| Total cash flows from financing | -$1.36 | $65.96 | -$10.26 | -$8.71 |
| Effect of exchange rate | $1.5 | -$2 | $3.96 | $1.08 |
| Change in cash and equivalents | -$64.11 | $80.92 | -$107.33 | $52.38 |
| (in millions $) | 31 Dec 2023 | 31 Dec 2022 | 31 Dec 2021 | 31 Dec 2020 |
|---|---|---|---|---|
| Net income | -$310.92 | -$96.6 | -$433.81 | -$582.74 |
| Operating activities | ||||
| Depreciation | $557.68 | $628.18 | $733.78 | $617.01 |
| Business acquisitions & disposals | $47.71 | -$61.98 | -$5.32 | $218.87 |
| Stock-based compensation | $20.49 | $21.15 | $19.4 | $13.23 |
| Total cash flows from operations | $31.25 | $139.99 | -$133.5 | -$137.81 |
| Investing activities | ||||
| Capital expenditures | -$166.59 | -$184.68 | -$148.01 | -$124.16 |
| Investments | ||||
| Total cash flows from investing | -$119.57 | -$221.7 | -$152.7 | $94.52 |
| Financing activities | ||||
| Dividends paid | -$0.41 | |||
| Sale and purchase of stock | ||||
| Net borrowings | $66.46 | -$21.38 | -$79.91 | $419.55 |
| Total cash flows from financing | $45.64 | -$32.72 | -$85.24 | $418.28 |
| Effect of exchange rate | $4.54 | -$6.87 | -$3.65 | $2.99 |
| Change in cash and equivalents | -$38.14 | -$121.29 | -$375.09 | $377.99 |
News
Fundamentals
| Market cap | $719.76M |
|---|---|
| Enterprise value | $7.64B |
| Shares outstanding | 483.06M |
| Revenue | $2.34B |
|---|---|
| EBITDA | $669.59M |
| EBIT | $111.91M |
| Net Income | -$310.92M |
| Revenue Q/Q | -10.86% |
| Revenue Y/Y | -5.62% |
| P/E ratio | -2.31 |
|---|---|
| EV/Sales | 3.26 |
| EV/EBITDA | 11.41 |
| EV/EBIT | 68.29 |
| P/S ratio | 0.31 |
| P/B ratio | -0.22 |
| Book/Share | -6.70 |
| Cash/Share | 0.52 |
| EPS | -$0.64 |
|---|---|
| ROA | -6.49% |
| ROE | 8.95% |
| Debt/Equity | -2.36 |
|---|---|
| Net debt/EBITDA | 11.83 |
| Current ratio | 1.08 |
| Quick ratio | 1.08 |