CCO Communication Services

Clear Channel Outdoor Holdings, Inc.

$2.42-0.41%

Price as of close on Oct 14, 2026 · Financials updated Oct 6, 2026

Basics

Sector: Communication Services
Industry: Advertising Agencies
Country: United States
Market cap: 1.2B USD
Enterprise value: 6.1B USD
Full-time employees: 1,900

Overall health

Drawback: its shares are priced higher than most peers relative to what it earnspriced higher than peers for its earnings
Drawback: higher risk than most peers: its share price swings more than most peers’ (beta 2.02 vs a peer median of 0.65)higher risk: bigger price swings (beta 2.02 vs peers 0.65)
About average: profitability and growth

Ranks #350 of 454 communication services companies (bottom 24%)

See how it ranks against its peers

Worth knowing

Negative shareholders' equity. Liabilities exceed assets on the balance sheet.
Clear Channel Outdoor's liabilities exceed its assets on the balance sheet. Large share buybacks can cause this in healthy companies, but so can accumulated losses; either way, debt-based ratios need care.
Earnings slid into a loss. Loss per share this year after a profit last year.
Clear Channel Outdoor made a loss per share in its latest year after a profit the year before.
Valuation signals disagree. Cheaper than 48% of peers on operating cash profit (EBITDA), but only 0% on earnings.Cheaper than 48% of peers on operating cash profit, but only 0% on earnings.
Relative to its operating cash profit (EBITDA), Clear Channel Outdoor looks cheaper than 48% of peers; relative to its earnings, cheaper than only 0%. The valuation score blends the two, so look at which measure fits this business best.Relative to its operating cash profit, Clear Channel Outdoor looks cheaper than 48% of peers; relative to its earnings, cheaper than only 0%. The valuation score blends the two, so look at which measure fits this business best.
Not profitable yet. Reported a loss in the 12 months to June 2026.
Clear Channel Outdoor reported a net loss over the last twelve months, so earnings-based measures can't show it as cheap.

StockQuotient Score

36/ 100

Oct 5 36 → Nov 4 36

Valuation

Is the price right?

34/100

Weak

3/3 inputs reported · High confidence

Since last quarter: No major changeValuation also moves with the share price every day.

Why

Weaker than most peers on:

▼ Earnings yield

Compare with peers

Behind the score

Sector-normalized EBITDA, earnings, and free cash flow yields.

Earnings yield-8.6%

SEC filings · 12 months to Jun 2026Negative (a loss or cash outflow), so it counts as zero whatever the share price30% base weight · Z-score -1.00Sector median: 0.0294 · MAD: 0.0294

EBITDA yield7.9%

SEC filings · 12 months to Jun 2026Reported value50% base weight · Z-score -0.10Sector median: 0.0857 · MAD: 0.0649

Free cash flow yield6.8%

SEC filings · 12 months to Jun 2026 · operating cash flow − capital spendingReported value20% base weight · Z-score -0.09Sector median: 0.0740 · MAD: 0.0593

Other data (not scored)

Book yield-280.6%

SEC filings · latest balance sheetOutlier capped at sector 5th/95th percentileInformational · 0% composite weightSector median: 0.4780 · MAD: 0.3375

Growth

Is it growing?

49/100

Moderate▲ 1 since Oct 14 close

3/3 inputs reported · High confidence

Since last quarter: ▲ Stronger

12-month revenue up 2.1%

Why it changed since the Oct 14, 2026 close: Score 48 → 49

Peer companies moved+1

Each step re-scores the company against its peers as they were on Oct 28, 2026; the parts add up to the change. Price effects on EBITDA yield are approximate.

Why

Mixed versus peers:

▲ 3-yr revenue
▲ Revenue growth
▼ EPS growth

Compare with peers

Behind the score

Revenue and earnings-per-share growth over one year, and revenue growth over three years.

Earnings per share growthUnavailable

Earnings per share turned from a profit to a loss33% base weight · Z-score -2.15Sector median: 0.0878 · MAD: 0.3126

3-year revenue growth12.5%

SEC filings · 3 years to Jun 2026Reported value33% base weight · Z-score 1.38Sector median: 0.0303 · MAD: 0.0683

Revenue growth9.1%

SEC filings · 12 months to Jun 2026Reported value33% base weight · Z-score 0.85Sector median: 0.0299 · MAD: 0.0720

Profitability

Does it earn well?

59/100

Moderate

3/3 inputs reported · High confidence

Since last quarter: No major change

Why

Mixed versus peers:

▲ ROIC
▲ Operating margin
▼ ROA

Compare with peers

Behind the score

Return on invested capital, operating margin, and return on assets.

Operating margin18.9%

SEC filings · 12 months to Jun 2026Reported value33% base weight · Z-score 1.35Sector median: 0.0818 · MAD: 0.0789

Return on assets-2.8%

SEC filings · 12 months to Jun 2026Reported value33% base weight · Z-score -1.74Sector median: 0.0272 · MAD: 0.0318

Return on invested capital17.2%

SEC filings · 12 months to Jun 2026Reported value33% base weight · Z-score 1.58Sector median: 0.0598 · MAD: 0.0706

Other data (not scored)

Gross margin54.2%

Yahoo Finance fallback · SEC figure unavailable or out of date · trailing 12 monthsReported valueInformational · 0% composite weightSector median: 0.4656 · MAD: 0.1827

Return on equityUnavailable

Missing · left out of the scoreInformational · 0% composite weightSector median: 0.0529 · MAD: 0.1007

Risk

Debt, liquidity, price swings

Higher

Higher relative risk

3/3 inputs reported · High confidence

Since last quarter: No major change

Why

Weaker than most peers on:

▼ Beta
▼ Debt / equity

Compare with peers

Behind the score

Relative to sector peers: 0 = lower relative risk · 1 = moderate · 2 = higher. Based on leverage, beta and liquidity.

Beta2.02

Yahoo Finance · 5-year monthly beta vs the marketOutlier capped at sector 5th/95th percentile33% base weight · Z-score -3.41Sector median: 0.6525 · MAD: 0.2880

Current ratio1.25×

SEC filings · latest balance sheetReported value33% base weight · Z-score -0.19Sector median: 1.3848 · MAD: 0.6948

Debt / equityUnavailable

Shareholders' equity is negative, so debt/equity counts as among the highest in its peer group33% base weight · Z-score -13.85Sector median: 0.3697 · MAD: 0.3335

Valuation, growth and profitability scores: higher is better. Risk: 0 is lower, 2 is higher. Risk is a relative proxy, not a bankruptcy probability. Scores depend on available sector peers.

Questions investors ask about Clear Channel Outdoor

Is Clear Channel Outdoor getting weaker?: Its latest SEC filing (Aug 5, 2026) showed no major changes. Its overall score is unchanged at 36/100 since Oct 28, 2026.
How is Clear Channel Outdoor valued vs its peers?: Priced higher than most peers relative to what it earns. Valuation scores 34/100 against 512 communication services peers. Earnings yield -8.6% vs a peer median of 2.9% (weaker than 100% of peers).Earnings yield -8.6% vs peers 2.9% (weaker than 100% of peers).
Is Clear Channel Outdoor growing?: At about the same pace as its peers. Growth scores 49/100 against 512 communication services peers. 3-year revenue growth 12.5% vs a peer median of 3.0% (stronger than 79% of peers).3-year revenue growth 12.5% vs peers 3.0% (stronger than 79% of peers).
How profitable is Clear Channel Outdoor?: About as profitable as its peers. Profitability scores 59/100 against 512 communication services peers. Return on invested capital 17.2% vs a peer median of 6.0% (stronger than 79% of peers).Return on invested capital 17.2% vs peers 6.0% (stronger than 79% of peers). Return on assets -2.8% vs a peer median of 2.7% (weaker than 86% of peers).Return on assets -2.8% vs peers 2.7% (weaker than 86% of peers).
How risky is Clear Channel Outdoor?: Higher risk relative to 512 communication services peers, judged on debt, liquidity and share-price swings. Beta 2.02 vs a peer median of 0.65 (weaker than 100% of peers).Beta 2.02 vs peers 0.65 (weaker than 100% of peers). A relative measure, not a bankruptcy probability.

Latest filing: what changed

Quarter ended Jun 30, 2026 · filed Aug 5, 2026 · compared with the quarter ended Mar 31, 2026

No major changes

	Previous quarter	Latest quarter	Change
Revenue (12 months)	1.6B USD	1.7B USD	+2.1%
Net income (12 months)	−91.2M USD	−106.0M USD	+16.3%
Operating margin	18.6%	18.9%	+0.3 pts
Free cash flow (12 months)	29.8M USD	84.3M USD	+182.6%
Debt	5.1B USD	5.1B USD	+0.0%
Cash	182.4M USD	192.1M USD	+5.3%
Shares outstanding	509.0M	509.1M	+0.0%

From the company’s own SEC filings, as filed. Twelve-month figures roll forward one quarter at a time.

Industry valuation context

Sector: Communication Services · 67 companies

Valuations in Communication Services are within their usual range since 2016.

46% of months since 2016 were valued lower than now.
22% of companies are in the most expensive fifth of their own price-to-sales history.
Over 24 months, company values +13% and earnings +11% (medians): earnings grew faster than prices.
Median price-to-sales is −6% vs the whole market, against a usual −7%.

2016Shaded: most expensive fifth of its range2026

Shown for Communication Services: too few Advertising Agencies companies have a long enough history of their own.

Financials

Fiscal years from SEC annual filings · change vs the prior year

Key ratios	FY 2021	FY 2022	FY 2023	FY 2024	FY 2025	Change
Operating margin	3.3%	18.5%	15.1%	18.5%	19.4%	▲ 0.8 pts
Net margin	-24.5%	-7.0%	-21.7%	-11.9%	1.2%	▲ 13 pts
Return on assets (ROA)	-8.2%	-1.9%	-6.6%	-3.7%	0.5%	▲ 4.3 pts
Free cash flow margin	-15.9%	-3.2%	-9.4%	-4.2%	2.0%	▲ 6.2 pts
Current ratio	1.02×	1.00×	1.08×	1.30×	1.28×	▼ 1.6%
Quick ratio	—	—	—	—	—	—
Interest coverage	0.17×	0.77×	0.54×	0.70×	0.79×	▲ 13%

CCO price history

Price history is added with the daily price update and will appear after the next one.

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Sector leaderboards

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Bringing the fundamentals into focus…

Overall health

Drawback: its shares are priced higher than most peers relative to what it earnspriced higher than peers for its earnings

Drawback: higher risk than most peers: its share price swings more than most peers’ (beta 2.02 vs a peer median of 0.65)higher risk: bigger price swings (beta 2.02 vs peers 0.65)

About average: profitability and growth

Ranks #350 of 454 communication services companies (bottom 24%)

See how it ranks against its peers

Worth knowing

Negative shareholders' equity. Liabilities exceed assets on the balance sheet.

Clear Channel Outdoor's liabilities exceed its assets on the balance sheet. Large share buybacks can cause this in healthy companies, but so can accumulated losses; either way, debt-based ratios need care.

Earnings slid into a loss. Loss per share this year after a profit last year.

Clear Channel Outdoor made a loss per share in its latest year after a profit the year before.

Valuation signals disagree. Cheaper than 48% of peers on operating cash profit (EBITDA), but only 0% on earnings.Cheaper than 48% of peers on operating cash profit, but only 0% on earnings.

Relative to its operating cash profit (EBITDA), Clear Channel Outdoor looks cheaper than 48% of peers; relative to its earnings, cheaper than only 0%. The valuation score blends the two, so look at which measure fits this business best.Relative to its operating cash profit, Clear Channel Outdoor looks cheaper than 48% of peers; relative to its earnings, cheaper than only 0%. The valuation score blends the two, so look at which measure fits this business best.

Not profitable yet. Reported a loss in the 12 months to June 2026.

Clear Channel Outdoor reported a net loss over the last twelve months, so earnings-based measures can't show it as cheap.

Questions investors ask about Clear Channel Outdoor

Is Clear Channel Outdoor getting weaker?

Its latest SEC filing (Aug 5, 2026) showed no major changes. Its overall score is unchanged at 36/100 since Oct 28, 2026.

How is Clear Channel Outdoor valued vs its peers?

Priced higher than most peers relative to what it earns. Valuation scores 34/100 against 512 communication services peers. Earnings yield -8.6% vs a peer median of 2.9% (weaker than 100% of peers).Earnings yield -8.6% vs peers 2.9% (weaker than 100% of peers).

Is Clear Channel Outdoor growing?

At about the same pace as its peers. Growth scores 49/100 against 512 communication services peers. 3-year revenue growth 12.5% vs a peer median of 3.0% (stronger than 79% of peers).3-year revenue growth 12.5% vs peers 3.0% (stronger than 79% of peers).

How profitable is Clear Channel Outdoor?

About as profitable as its peers. Profitability scores 59/100 against 512 communication services peers. Return on invested capital 17.2% vs a peer median of 6.0% (stronger than 79% of peers).Return on invested capital 17.2% vs peers 6.0% (stronger than 79% of peers). Return on assets -2.8% vs a peer median of 2.7% (weaker than 86% of peers).Return on assets -2.8% vs peers 2.7% (weaker than 86% of peers).

How risky is Clear Channel Outdoor?

Higher risk relative to 512 communication services peers, judged on debt, liquidity and share-price swings. Beta 2.02 vs a peer median of 0.65 (weaker than 100% of peers).Beta 2.02 vs peers 0.65 (weaker than 100% of peers). A relative measure, not a bankruptcy probability.

Previous quarter

Latest quarter

Change

Revenue (12 months)

1.6B USD

1.7B USD

+2.1%

Net income (12 months)

−91.2M USD

−106.0M USD

+16.3%

Operating margin

18.6%

18.9%

+0.3 pts

Free cash flow (12 months)

29.8M USD

84.3M USD

+182.6%

Debt

5.1B USD

5.1B USD

+0.0%

Cash

182.4M USD

192.1M USD

+5.3%

Shares outstanding

509.0M

509.1M

+0.0%

Key ratios

FY 2021

FY 2022

FY 2023

FY 2024

FY 2025

Change

Operating margin

3.3%

18.5%

15.1%

18.5%

19.4%

▲ 0.8 pts

Net margin

-24.5%

-7.0%

-21.7%

-11.9%

1.2%

▲ 13 pts

Return on assets (ROA)

-8.2%

-1.9%

-6.6%

-3.7%

0.5%

▲ 4.3 pts

Free cash flow margin

-15.9%

-3.2%

-9.4%

-4.2%

2.0%

▲ 6.2 pts

Current ratio

1.02×

1.00×

1.08×

1.30×

1.28×

▼ 1.6%

Quick ratio

—

Interest coverage

0.17×

0.77×

0.54×

0.70×

0.79×

▲ 13%