What is Clear Channel Outdoor Holdings, Inc.'s earnings per share (EPS)?

Clear Channel Outdoor Holdings, Inc. (CCO) reported diluted earnings per share of $0.04 for fiscal year 2025. This represents a 110.8% change compared to the previous fiscal year. EPS represents the portion of a company's net income allocated to each outstanding share of common stock and is widely used to evaluate profitability on a per-share basis.

Clear Channel Outdoor Holdings, Inc. (CCO) Financials

CCO

Trailing 12 months to June 30, 2026

Revenue $1.7B +9.1% YoY

Net Income -$106.0M -590.5% YoY

EPS (Diluted) -$0.21 -625.0% YoY

Free Cash Flow $84.3M +280.8% YoY

Market Cap $1.2B as of Oct 15, 2026

Price / Sales 0.7x on $1.7B revenue, trailing 12 months to June 30, 2026

Price / Earnings n/m net loss, so no earnings multiple, trailing 12 months to June 30, 2026

Price / Book n/m negative shareholder equity, so no book multiple, Q2 FY2026

A multiple compares the market's price with a filed figure; it says what the market pays, not how the business is doing. The market capitalization is the vendor's as of Oct 15, 2026; every other figure is from the SEC filings on this page. Not financial advice.

Source SEC Filings (10-K/10-Q) Latest period Q2 FY2026, ended Jun 30, 2026 Reported Aug 5, 2026 Currency USD FYE December

Newest figures come from the 10-Q for Q2 FY2026, filed Aug 5, 2026. Each column of the statement tables below links to the filing it was taken from, and every filing is listed on the CCO SEC filings page.

Clear Channel Outdoor Holdings, Inc. (CCO) reported $1.7B in revenue over the twelve months to Jun 30, 2026, up 9.1% from the prior twelve months. This page shows its income statement, balance sheet, cash flow statement, and key financial ratios. View 15 years of annual fundamentals and quarterly data, with year-over-year growth rates and compound annual growth rates (CAGR). All figures are derived from SEC filings (10-K and 10-Q reports).

Rhea AI CCO FY2025 2026-10-03

The business reached positive earnings and cash flow in FY2025, while debt and negative equity still shape how it operates.

The earnings turnaround was not solely a sales story: operating margin widened from 18.6% in FY2024 to 19.4% in FY2025. That improvement reached the bottom line as net margin moved from -11.9% to 1.2%, indicating better operating performance combined with less pressure below it.

Cash conversion improved: operating cash flow reached $114.9M in FY2025, and free cash flow was positive at $32.0M. That conversion was helped by capital spending falling to $82.9M, so the cash result reflects both operating improvement and lighter reinvestment.

Balance-sheet leverage remains the defining constraint: liabilities of $7.2B exceed assets of $3.8B, leaving equity negative. Debt declined from $5.7B in FY2024 to $5.1B in FY2025, but the reduction did not repair negative equity.

Financial Health Signals

Financial Health Score 41/100

Scored against operating companies for FY2025. Each of the six dimensions is a percentile rank within that peer group; the overall is their average, with missing dimensions counted as zero out of six. A high score means strong standing among peers, not absolute cross-industry strength. How this score is calculated →

Health score ≠ stock price. This rates the quality of Clear Channel Outdoor Holdings, Inc.'s business: profitability, growth, balance sheet strength. It doesn't tell you whether the stock is a good buy at today's price. Not financial advice. Use it alongside valuation analysis and your own research.

Profitability

Clear Channel Outdoor Holdings, Inc. has an operating margin of 19.4%, meaning the company retains $19 of operating profit per $100 of revenue. This strong profitability earns a score of 73/100, reflecting efficient cost management and pricing power. This is up from 18.6% the prior year.

Growth

Clear Channel Outdoor Holdings, Inc.'s revenue grew 6.6% year-over-year to $1.6B, a solid pace of expansion. This earns a growth score of 53/100.

Leverage

Liquidity

Clear Channel Outdoor Holdings, Inc.'s current ratio of 1.28 indicates adequate short-term liquidity, earning a score of 33/100. The company can meet its near-term obligations, though with limited headroom.

Cash Flow

While Clear Channel Outdoor Holdings, Inc. generated $114.9M in operating cash flow, capex of $82.9M consumed most of it, leaving $32.0M in free cash flow. This results in a low score of 21/100, reflecting heavy capital investment rather than weak cash generation.

Returns

Altman Z-Score Distress

-1.69

Clear Channel Outdoor Holdings, Inc. scores -1.69, below the 1.81 distress threshold. The score is driven primarily by a large market capitalization ($1.2B) relative to total liabilities ($7.2B). This indicates elevated financial distress risk and warrants close attention to liquidity and debt levels.

Distress-screening estimate for non-financial companies. Not computed for banks or insurers, where the Altman model does not apply.

Piotroski F-Score Partial

5/8

Clear Channel Outdoor Holdings, Inc. passes 5 of 8 computable financial strength tests (1 of the nine could not be computed from available data). All 4 profitability signals pass (positive income, cash flow, and earnings quality), no leverage/liquidity signals pass (rising debt, declining liquidity, or share dilution), both operating efficiency signals pass.

Earnings Quality Cash-Backed

5.76x

For every $1 of reported earnings, Clear Channel Outdoor Holdings, Inc. generates $5.76 in operating cash flow ($114.9M OCF vs $19.9M net income). This indicates profits are well-supported by actual cash generation, not accounting adjustments.

Interest Coverage At Risk

0.79x

Clear Channel Outdoor Holdings, Inc. earns $0.79 in operating income for every $1 of interest expense ($310.6M vs $395.6M). This narrow margin raises concern about the company's ability to service its debt if operating income declines.

Key Financial Metrics

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Earnings & Revenue

Revenue

$438.0M

YoY+8.7%

QoQ+17.2%

5Y CAGR-3.8%

10Y CAGR-4.7%

Clear Channel Outdoor Holdings, Inc. generated $438.0M in revenue in Q2 2026. This represents an increase of 8.7% from the same quarter a year earlier. Against the prior quarter it is up 17.2%.

EBITDA

$130.3M

YoY+7.9%

QoQ+60.9%

5Y CAGR+11.4%

10Y CAGR+0.8%

Clear Channel Outdoor Holdings, Inc.'s EBITDA was $130.3M in Q2 2026, measuring earnings before interest, taxes, depreciation, and amortization. This represents an increase of 7.9% from the same quarter a year earlier. Against the prior quarter it is up 60.9%.

Net Income

-$5.3M

YoY-155.9%

QoQ+89.0%

Clear Channel Outdoor Holdings, Inc. reported -$5.3M in net income in Q2 2026. This represents a decrease of 155.9% from the same quarter a year earlier. Against the prior quarter it is up 89.0%.

EPS (Diluted)

-$0.01

YoY-150.0%

QoQ+90.0%

Clear Channel Outdoor Holdings, Inc. earned -$0.01 per diluted share (EPS) in Q2 2026. This represents a decrease of 150.0% from the same quarter a year earlier. Against the prior quarter it is up 90.0%.

Cash & Balance Sheet

Free Cash Flow

$25.3M

YoY+186.7%

QoQ+298.0%

10Y CAGR+1.1%

Clear Channel Outdoor Holdings, Inc. generated $25.3M in free cash flow in Q2 2026, representing cash available after capex. This represents an increase of 186.7% from the same quarter a year earlier. Against the prior quarter it is up 298.0%.

Cash & Debt

$192.1M

YoY+38.7%

QoQ+5.3%

5Y CAGR-19.4%

10Y CAGR-7.9%

Clear Channel Outdoor Holdings, Inc. held $192.1M in cash against $5.1B in long-term debt as of Q2 2026.

Shares Outstanding

509M

YoY+2.4%

QoQ0.0%

5Y CAGR+1.6%

Clear Channel Outdoor Holdings, Inc. had 509M shares outstanding in Q2 2026. This represents an increase of 2.4% from the same quarter a year earlier. It is unchanged from the prior quarter.

Dividends Per Share

Not reported for Q2 2026.

Margins & Returns

Operating Margin

20.3%

YoY+1.1pp

QoQ+9.8pp

5Y change+17.8pp

10Y change+15.6pp

Clear Channel Outdoor Holdings, Inc.'s operating margin was 20.3% in Q2 2026, reflecting core business profitability. This is up 1.1 percentage points from the same quarter a year earlier. Against the prior quarter it is up 9.8 percentage points.

Net Margin

-1.2%

YoY-3.6pp

QoQ+11.8pp

5Y change+22.2pp

10Y change+8.7pp

Clear Channel Outdoor Holdings, Inc.'s net profit margin was -1.2% in Q2 2026, showing the share of revenue converted to profit. This is down 3.6 percentage points from the same quarter a year earlier. Against the prior quarter it is up 11.8 percentage points.

Gross Margin

Not reported for Q2 2026.

Return on Equity

Not reported for Q2 2026.

Capital Allocation

Capital Expenditures

$19.3M

YoY+16.7%

QoQ+20.8%

5Y CAGR-9.5%

10Y CAGR-9.0%

Clear Channel Outdoor Holdings, Inc. invested $19.3M in capex in Q2 2026, funding long-term assets and infrastructure. This represents an increase of 16.7% from the same quarter a year earlier. Against the prior quarter it is up 20.8%.

R&D Spending

Not reported for Q2 2026.

Share Buybacks

Not reported for Q2 2026.

CCO Income Statement

Figures in USD, abbreviated K (thousand), M (million), B (billion), T (trillion). Negative values carry a minus sign and red type. Each change compares the year with the year before it, and each quarter with the same quarter a year earlier.

CCO quarterly income statement

Metric	TTM	FY2510-K	FY2410-K	FY2310-K	FY2210-K	FY2110-K	FY2010-K	FY1910-K	FY1810-K	FY1710-K	FY1610-K	FY1510-K	FY1410-K	FY1310-K	FY1210-K	FY1110-K
Revenue	$1.7B	$1.6B+6.6%	$1.5B+5.0%	$1.4B+3.8%	$1.4B-21.9%	$1.8B-4.6%	$1.9B-30.9%	$2.7B-1.4%	$2.7B+5.1%	$2.6B-3.4%	$2.7B-4.5%	$2.8B-5.2%	$3.0B+0.5%	$2.9B0.0%	$2.9B-1.9%	$3.0B
SG&A Expenses	$269.6M	$262.4M+3.7%	$252.9M+7.4%	$235.5M+1.8%	$231.2M-29.9%	$329.6M-25.5%	$442.3M-15.1%	$520.9M-0.4%	$522.9M+4.7%	$499.2M-3.1%	$515.4M-2.3%	$527.8M-3.8%	$548.5M+0.9%	$543.6M-5.4%	$574.7M+6.8%	$538.0M
Operating Income	$316.7M	$310.6M+11.3%	$279.2M+28.8%	$216.8M-15.3%	$255.9M+335.2%	$58.8M+120.1%	-$292.4M-215.6%	$252.9M+0.4%	$251.8M+8.4%	$232.3M-63.2%	$631.9M+131.0%	$273.6M-3.1%	$282.4M-2.7%	$290.1M+8.7%	$267.0M-11.9%	$302.9M
EBITDA	N/A	$485.6M+7.1%	$453.2M+9.6%	$413.6M-3.7%	$429.6M+58.0%	$271.9M+1282.5%	-$23.0M-104.1%	$562.2M-1.5%	$570.8M+2.2%	$558.3M-42.8%	$976.1M+50.3%	$649.6M-5.7%	$688.7M-0.7%	$693.3M+4.1%	$666.3M-9.4%	$735.0M
Interest Expense	$397.8M	$395.6M-1.5%	$401.5M+0.9%	$398.1M+19.2%	$334.1M-4.3%	$349.0M-3.1%	$360.3M-14.1%	$419.5M+8.2%	$387.7M+2.1%	$379.7M+1.2%	$375.0M+5.4%	$355.9M+0.8%	$353.3M+0.1%	$352.8M-5.6%	$373.9M+54.2%	$242.4M
Income Tax	-$9.3M	$4.9M+152.8%	-$9.4M+60.5%	-$23.7M+73.7%	-$89.9M-146.6%	-$36.5M+37.1%	-$58.0M-180.3%	$72.3M+122.2%	$32.5M+111.6%	-$280.2M-461.6%	$77.5M+55.2%	$49.9M+668.4%	-$8.8M-159.3%	$14.8M+113.8%	-$107.1M-347.3%	$43.3M
Net Income	-$106.0M	$19.9M+111.1%	-$179.3M+42.3%	-$310.9M-221.9%	-$96.6M+77.7%	-$433.8M+25.6%	-$582.7M-60.4%	-$363.3M-66.5%	-$218.2M+66.1%	-$644.3M-577.0%	$135.1M+262.1%	-$83.3M-769.1%	-$9.6M+80.2%	-$48.5M+73.5%	-$183.1M-526.4%	$42.9M
EPS (Basic)	N/A	$0.04+110.8%	-$0.37+43.1%	-$0.65-225.0%	-$0.20+78.5%	-$0.93+25.6%	-$1.25-42.0%	-$0.88-46.7%	-$0.60+66.3%	-$1.78-581.1%	$0.37+260.9%	-$0.23-666.7%	-$0.03+78.6%	-$0.14+74.1%	-$0.54-590.9%	$0.11
EPS (Diluted)	-$0.21	$0.04+110.8%	-$0.37+43.1%	-$0.65-225.0%	-$0.20+78.5%	-$0.93+25.6%	-$1.25-42.0%	-$0.88-46.7%	-$0.60+66.3%	-$1.78-581.1%	$0.37+260.9%	-$0.23-666.7%	-$0.03+78.6%	-$0.14+74.1%	-$0.54-590.9%	$0.11
Diluted Shares (Avg)	N/A	495M+1.6%	488M+1.2%	482M-0.4%	484M+3.2%	468M+0.9%	465M+12.5%	413M+14.2%	362M+0.2%	361M-0.1%	362M+0.6%	360M+0.3%	359M+0.3%	358M+0.2%	357M+0.1%	357M

Metric	Q2'2610-Q	Q1'2610-Q	Q4'2510-Q	Q3'2510-Q	Q2'2510-Q	Q1'2510-Q	Q4'2410-K	Q3'2410-Q
Revenue	$438.0M+8.7%	$373.9M+11.9%	$461.5M+8.2%	$405.6M+8.1%	$402.8M+7.0%	$334.2M+2.2%	$426.7M+2.6%	$375.2M+4.5%
SG&A Expenses	$70.0M+6.5%	$66.6M+4.6%	$66.8M+1.6%	$66.2M+4.3%	$65.7M+2.0%	$63.7M+7.4%	$65.7M+2.7%	$63.5M+15.7%
Operating Income	$89.1M+15.0%	$39.5M-12.2%	$107.5M+7.3%	$80.7M+20.9%	$77.4M+13.1%	$45.0M+2.5%	$100.1M+4.7%	$66.7M+3.7%
EBITDA	$130.3M+7.9%	$81.0M-7.9%	$152.2M+6.2%	$124.6M+10.3%	$120.8M+8.9%	$88.0M+2.4%	$143.4M+3.2%	$113.0M+1.9%
Interest Expense	$99.0M+3.1%	$98.5M-0.9%	$99.2M-0.9%	$101.1M+1.4%	$96.0M-4.1%	$99.4M-2.3%	$100.1M-1.5%	$99.7M-2.0%
Income Tax	$299K-93.4%	-$8.8M-848.1%	$13.7M+596.9%	-$14.4M-154.4%	$4.5M+177.7%	$1.2M+586.0%	$2.0M+121.9%	-$5.7M-218.3%
Net Income	-$5.3M-155.9%	-$48.6M-177.7%	$8.0M+144.8%	-$60.1M-84.7%	$9.5M+124.3%	$62.5M+169.7%	-$17.9M-172.2%	-$32.5M+87.7%
EPS (Basic)	-$0.01-150.0%	-$0.10-176.9%	$0.02+150.0%	-$0.12-71.4%	$0.02+125.0%	$0.13+168.4%	-$0.04-180.0%	-$0.07+87.3%
EPS (Diluted)	-$0.01-150.0%	-$0.10-176.9%	$0.02+150.0%	-$0.12-71.4%	$0.02+125.0%	$0.13+168.4%	-$0.04-180.0%	-$0.07+87.3%
Diluted Shares (Avg)	509M+2.1%	498M+1.7%	N/A	497M+1.7%	498M+2.0%	490M+1.4%	489M0.0%	489M+1.2%

Not reported in any period shown, so not listed: Cost of Revenue, Gross Profit, R&D Expenses.

CCO Balance Sheet

CCO quarterly balance sheet

Metric	FY2510-K	FY2410-K	FY2310-K	FY2210-K	FY2110-K	FY2010-K	FY1910-K	FY1810-K	FY1710-K	FY1610-K	FY1510-K	FY1410-K	FY1310-K	FY1210-K	FY1110-K
Total Assets	$3.8B-20.3%	$4.8B+1.7%	$4.7B-7.1%	$5.1B-4.0%	$5.3B-7.9%	$5.8B-10.0%	$6.4B+41.4%	$4.5B-3.2%	$4.7B-18.2%	$5.7B-9.3%	$6.3B0.0%	$6.3B-6.6%	$6.7B-5.1%	$7.1B+0.2%	$7.1B
Current Assets	$793.2M-52.2%	$1.7B+73.3%	$957.4M-14.6%	$1.1B-1.2%	$1.1B-15.0%	$1.3B+11.1%	$1.2B+18.3%	$1.0B+4.3%	$974.2M-26.8%	$1.3B-15.1%	$1.6B+47.3%	$1.1B-14.1%	$1.2B-17.9%	$1.5B+3.8%	$1.5B
Cash & Equivalents	$190.0M+73.2%	$109.7M-36.1%	$171.8M-39.1%	$282.2M-31.3%	$410.8M-47.7%	$785.3M+96.9%	$398.9M+118.6%	$182.5M+26.6%	$144.1M-72.9%	$531.5M+32.2%	$401.9M+129.5%	$175.1M-44.3%	$314.5M-44.0%	$562.0M+3.6%	$542.7M
Short-Term Investments	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0
Inventory	N/A	N/A	N/A	N/A	N/A	$16.6M-21.5%	$21.1M+16.9%	$18.1M-17.7%	$21.9M+3.5%	$21.2M-9.9%	$23.5M+7.4%	$21.9M-11.9%	$24.9M+23.7%	$20.1M+6.3%	$18.9M
Accounts Receivable	$371.4M+7.9%	$344.1M+9.3%	$314.9M-30.6%	$453.7M-29.5%	$643.1M+37.3%	$468.3M-34.0%	$709.7M+0.5%	$706.3M+7.1%	$659.5M+11.2%	$593.1M-15.0%	$697.6M0.0%	$697.8M-1.8%	$710.5M-5.8%	$754.7M+7.5%	$702.1M
Long-Term Investments	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0
Goodwill	$507.8M0.0%	$507.8M0.0%	$507.8M-22.0%	$650.6M-1.3%	$659.5M-7.1%	$709.6M+0.8%	$704.2M-0.3%	$706.0M-1.1%	$714.0M+2.6%	$696.3M-8.2%	$758.6M-7.2%	$817.1M-3.9%	$850.1M-1.4%	$862.2M+0.6%	$857.2M
Total Liabilities	$7.2B-14.5%	$8.4B+3.3%	$8.2B-2.1%	$8.3B-1.7%	$8.5B-0.5%	$8.5B+1.1%	$8.4B+27.5%	$6.6B+1.4%	$6.5B-1.9%	$6.7B-3.1%	$6.9B+6.6%	$6.4B-2.2%	$6.6B-1.2%	$6.7B+53.2%	$4.3B
Current Liabilities	$618.1M-51.4%	$1.3B+43.9%	$883.7M-21.2%	$1.1B+0.8%	$1.1B+2.1%	$1.1B-7.7%	$1.2B+61.8%	$729.8M+11.0%	$657.5M+2.5%	$641.7M-30.3%	$920.6M+28.2%	$717.8M-7.2%	$773.6M-4.7%	$811.4M+12.5%	$721.0M
Non-Current Liabilities	$6.6B-7.9%	$7.2B-1.6%	$7.3B+0.9%	$7.2B-2.1%	$7.4B-0.9%	$7.4B+2.5%	$7.3B+23.3%	$5.9B+0.4%	$5.9B-2.4%	$6.0B+1.2%	$5.9B+3.9%	$5.7B-1.5%	$5.8B-0.7%	$5.8B+61.2%	$3.6B
Long-Term Debt	$5.1B-9.8%	$5.7B+0.5%	$5.6B+1.6%	$5.5B-0.8%	$5.6B+0.6%	$5.6B+9.6%	$5.1B-4.0%	$5.3B+0.2%	$5.3B+3.1%	$5.1B+0.1%	$5.1B+3.6%	$4.9B+0.2%	$4.9B-0.3%	$4.9B+95.7%	$2.5B
Total Equity	-$3.4B+6.7%	-$3.6B-5.5%	-$3.5B-5.8%	-$3.3B-2.2%	-$3.2B-14.8%	-$2.8B-35.4%	-$2.1B+2.2%	-$2.1B-13.1%	-$1.9B-96.2%	-$947.3M-66.3%	-$569.7M-304.2%	-$140.9M-188.0%	$160.1M-64.1%	$446.1M-83.7%	$2.7B
Retained Earnings	-$6.9B+0.3%	-$7.0B-2.6%	-$6.8B-4.8%	-$6.5B-1.5%	-$6.4B-7.3%	-$5.9B-11.0%	-$5.3B-7.0%	-$5.0B-4.6%	-$4.8B-15.6%	-$4.1B+3.1%	-$4.3B-2.3%	-$4.2B-0.2%	-$4.2B-1.2%	-$4.1B-4.7%	-$3.9B

Metric	Q2'2610-Q	Q1'2610-Q	Q4'2510-Q	Q3'2510-Q	Q2'2510-Q	Q1'2510-Q	Q4'2410-K	Q3'2410-Q
Total Assets	$3.8B-0.1%	$3.7B-6.7%	$3.8B-20.3%	$3.8B-19.0%	$3.8B-17.1%	$4.0B-12.5%	$4.8B+1.7%	$4.6B-0.1%
Current Assets	$772.5M+16.2%	$733.8M-14.9%	$793.2M-52.2%	$699.6M-22.8%	$664.8M-22.1%	$862.5M+5.4%	$1.7B+73.3%	$906.2M+4.1%
Cash & Equivalents	$192.1M+38.7%	$182.4M-53.9%	$190.0M+73.2%	$155.0M-22.9%	$138.6M-26.8%	$395.8M+104.8%	$109.7M-36.1%	$201.1M-35.8%
Short-Term Investments	$0	$0	$0	$0	$0	$0	$0	$0
Accounts Receivable	$368.0M+11.3%	$345.7M+17.6%	$371.4M+7.9%	$340.3M-31.4%	$330.5M-27.8%	$294.0M-31.0%	$344.1M+9.3%	$495.8M+12.3%
Long-Term Investments	$0	$0	$0	$0	$0	$0	$0	$0
Goodwill	$507.8M0.0%	$507.8M0.0%	$507.8M0.0%	$507.8M-23.3%	$507.8M-22.3%	$507.8M-22.3%	$507.8M0.0%	$662.4M+2.0%
Total Liabilities	$7.2B+0.7%	$7.2B-3.4%	$7.2B-14.5%	$7.2B-12.5%	$7.2B-11.9%	$7.4B-8.6%	$8.4B+3.3%	$8.2B-0.8%
Current Liabilities	$615.9M+6.6%	$586.1M-3.2%	$618.1M-51.4%	$615.6M-31.9%	$578.0M-30.6%	$605.2M-24.0%	$1.3B+43.9%	$904.4M-12.5%
Non-Current Liabilities	$6.6B+0.2%	$6.6B-3.4%	$6.6B-7.9%	$6.6B-10.1%	$6.6B-9.7%	$6.8B-6.9%	$7.2B-1.6%	$7.3B+0.8%
Long-Term Debt	$5.1B+0.8%	$5.1B-3.6%	$5.1B-9.8%	$5.1B-9.8%	$5.1B-10.4%	$5.3B-6.3%	$5.7B+0.5%	$5.7B+0.5%
Total Equity	-$3.5B-1.6%	-$3.4B-0.5%	-$3.4B+6.7%	-$3.5B+4.0%	-$3.4B+5.2%	-$3.4B+3.5%	-$3.6B-5.5%	-$3.6B+1.8%
Retained Earnings	-$7.0B-1.5%	-$7.0B-1.3%	-$6.9B+0.3%	-$6.9B-0.1%	-$6.9B+0.3%	-$6.9B-0.4%	-$7.0B-2.6%	-$6.9B-2.0%

Not reported in any period shown, so not listed: Inventory.

CCO Cash Flow Statement

CCO quarterly cash flow statement

Metric	TTM	FY2510-K	FY2410-K	FY2310-K	FY2210-K	FY2110-K	FY2010-K	FY1910-K	FY1810-K	FY1710-K	FY1610-K	FY1510-K	FY1410-K	FY1310-K	FY1210-K	FY1110-K
Operating Cash Flow	$160.4M	$114.9M+44.0%	$79.7M+155.2%	$31.3M-77.7%	$140.0M+204.9%	-$133.5M+3.1%	-$137.8M-164.2%	$214.5M+14.6%	$187.3M+17.0%	$160.1M-48.1%	$308.5M+3.3%	$298.7M-14.3%	$348.4M-16.0%	$414.6M+16.8%	$355.1M-31.3%	$517.2M
Depreciation & Amortization	N/A	$175.0M+0.5%	$174.0M-11.6%	$196.8M+13.3%	$173.7M-18.5%	$213.1M-20.9%	$269.4M-12.9%	$309.3M-3.0%	$319.0M-2.2%	$326.0M-5.3%	$344.1M-8.5%	$376.0M-7.5%	$406.2M+0.8%	$403.2M+1.0%	$399.3M-7.6%	$432.0M
Stock-Based Compensation	N/A	$25.6M-2.2%	$26.2M+27.9%	$20.5M-3.1%	$21.1M+9.0%	$19.4M+46.6%	$13.2M-16.1%	$15.8M+85.2%	$8.5M-11.2%	$9.6M-6.8%	$10.3M+21.0%	$8.5M+9.8%	$7.7M+0.2%	$7.7M-27.0%	$10.6M-3.0%	$10.9M
Capital Expenditures	$76.1M	$82.9M-41.8%	$142.4M-14.5%	$166.6M-9.8%	$184.7M+24.8%	$148.0M+19.2%	$124.2M-46.6%	$232.5M+10.1%	$211.1M-5.9%	$224.2M-2.4%	$229.8M+5.2%	$218.3M-5.6%	$231.2M+12.1%	$206.2M-25.2%	$275.6M-5.3%	$291.1M
Free Cash Flow	$84.3M	$32.0M+151.0%	-$62.6M+53.7%	-$135.3M-202.9%	-$44.7M+84.1%	-$281.5M-7.5%	-$262.0M-1360.4%	-$17.9M+24.6%	-$23.8M+62.9%	-$64.1M-181.4%	$78.7M-2.0%	$80.4M-31.5%	$117.3M-43.8%	$208.5M+162.0%	$79.6M-64.8%	$226.2M
Investing Cash Flow	-$68.8M	$523.3M+435.6%	-$155.9M-30.4%	-$119.6M+46.1%	-$221.7M-45.2%	-$152.7M-261.6%	$94.5M+143.0%	-$220.0M-8.1%	-$203.6M-31.8%	-$154.5M-126.9%	$574.1M+322.7%	-$257.7M-24.8%	-$206.4M-16.2%	-$177.7M+24.0%	-$233.7M+21.8%	-$298.9M
Financing Cash Flow	-$34.0M	-$598.3M-7217.7%	-$8.2M-117.9%	$45.6M+239.5%	-$32.7M+61.6%	-$85.2M-120.4%	$418.3M+90.1%	$220.0M+440.7%	$40.7M+110.7%	-$379.5M+47.8%	-$726.5M-465.0%	$199.1M+176.2%	-$261.3M+46.1%	-$484.4M-358.9%	-$105.5M+64.7%	-$298.7M
Dividends Paid	N/A	N/A	N/A	N/A	N/A	N/A	$405K-45.3%	$740K-97.6%	$30.7M-90.8%	$332.8M-55.9%	$755.5M	$0-100.0%	$175.0M-12.5%	$200.0M-90.8%	$2.2B	$0
Share Buybacks	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	$234K	$0-100.0%	$61.1M+768.5%	$7.0M+50.4%	$4.7M

Metric	Q2'2610-Q	Q1'2610-Q	Q4'2510-Q	Q3'2510-Q	Q2'2510-Q	Q1'2510-Q	Q4'2410-K	Q3'2410-Q
Operating Cash Flow	$44.6M+454.1%	$3.2M-78.4%	$56.3M+92.4%	$56.2M+3.3%	-$12.6M-140.8%	$14.9M+142.9%	$29.3M-10.7%	$54.5M+3.0%
Depreciation & Amortization	$41.2M-4.8%	$41.5M-3.4%	$44.7M+3.5%	$43.9M-5.1%	$43.3M+2.0%	$43.0M+2.3%	$43.2M-0.3%	$46.2M-0.6%
Stock-Based Compensation	$7.9M+6.8%	$5.9M+8.0%	N/A	$6.3M+5.0%	$7.4M+10.4%	$5.4M+2.6%	N/A	$6.0M+20.0%
Capital Expenditures	$19.3M+16.7%	$16.0M-37.3%	$26.0M-54.5%	$14.8M-55.7%	$16.6M-35.4%	$25.5M-2.6%	$57.1M+5.7%	$33.5M-10.6%
Free Cash Flow	$25.3M+186.7%	-$12.8M-20.5%	$30.3M+209.0%	$41.4M+97.4%	-$29.2M-658.3%	-$10.6M+82.6%	-$27.8M-30.9%	$21.0M+36.0%
Investing Cash Flow	-$17.4M+49.6%	-$17.3M-102.9%	-$21.7M+65.9%	-$12.3M+70.3%	-$34.6M-47.2%	$591.9M+2265.6%	-$63.7M+34.3%	-$41.4M-15.3%
Financing Cash Flow	-$20.7M+90.1%	-$325K+99.9%	-$980K-54.6%	-$12.0M-557.2%	-$208.6M-1797.9%	-$376.7M-7235.8%	-$634K+53.2%	-$1.8M-102.8%

Not reported in any period shown, so not listed: Dividends Paid, Share Buybacks.

CCO Financial Ratios

Margins and returns are percentages; the remaining ratios are unitless multiples. Each change compares the year with the year before it, and each quarter with the same quarter a year earlier.

CCO quarterly financial ratios

Metric	FY2510-K	FY2410-K	FY2310-K	FY2210-K	FY2110-K	FY2010-K	FY1910-K	FY1810-K	FY1710-K	FY1610-K	FY1510-K	FY1410-K	FY1310-K	FY1210-K	FY1110-K
Operating Margin	19.4%+0.8pp	18.6%+3.4pp	15.1%-3.4pp	18.5%+15.2pp	3.3%+19.1pp	-15.8%-25.2pp	9.4%+0.2pp	9.3%+0.3pp	9.0%-14.6pp	23.6%+13.8pp	9.8%+0.2pp	9.5%-0.3pp	9.8%+0.8pp	9.1%-1.0pp	10.1%
Net Margin	1.2%+13.2pp	-11.9%+9.8pp	-21.7%-14.7pp	-7.0%+17.5pp	-24.5%+6.9pp	-31.4%-17.9pp	-13.5%-5.5pp	-8.0%+16.9pp	-24.9%-29.9pp	5.0%+8.0pp	-3.0%-2.6pp	-0.3%+1.3pp	-1.6%+4.6pp	-6.2%-7.6pp	1.4%
Return on Equity	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	-30.3%+10.8pp	-41.0%-42.6pp	1.6%
Return on Assets	0.5%+4.3pp	-3.7%+2.8pp	-6.6%-4.7pp	-1.9%+6.3pp	-8.2%+1.9pp	-10.1%-4.5pp	-5.7%-0.9pp	-4.8%+9.0pp	-13.8%-16.2pp	2.4%+3.7pp	-1.3%-1.2pp	-0.1%+0.6pp	-0.7%+1.9pp	-2.6%-3.2pp	0.6%
Current Ratio	1.280.0x	1.30+0.2x	1.08+0.1x	1.000.0x	1.02-0.2x	1.22+0.2x	1.02-0.4x	1.39-0.1x	1.48-0.6x	2.07+0.4x	1.70+0.2x	1.48-0.1x	1.60-0.3x	1.86-0.2x	2.02
Debt-to-Equity	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	30.73+19.7x	11.06+10.1x	0.92
Asset Turnover	0.42+0.1x	0.310.0x	0.300.0x	0.27-0.1x	0.330.0x	0.32-0.1x	0.42-0.2x	0.600.0x	0.55+0.1x	0.470.0x	0.450.0x	0.470.0x	0.440.0x	0.410.0x	0.42
FCF Margin	2.0%+6.2pp	-4.2%+5.3pp	-9.4%-6.2pp	-3.2%+12.7pp	-15.9%-1.8pp	-14.1%-13.5pp	-0.7%+0.2pp	-0.9%+1.6pp	-2.5%-5.4pp	2.9%+0.1pp	2.9%-1.1pp	4.0%-3.1pp	7.1%+4.4pp	2.7%-4.8pp	7.5%

Metric	Q2'2610-Q	Q1'2610-Q	Q4'2510-Q	Q3'2510-Q	Q2'2510-Q	Q1'2510-Q	Q4'2410-K	Q3'2410-Q
Operating Margin	20.3%+1.1pp	10.6%-2.9pp	23.3%-0.2pp	19.9%+2.1pp	19.2%+1.0pp	13.5%0.0pp	23.5%+0.5pp	17.8%-0.2pp
Net Margin	-1.2%-3.6pp	-13.0%-31.7pp	1.7%+5.9pp	-14.8%-6.1pp	2.4%+12.8pp	18.7%+46.1pp	-4.2%-10.2pp	-8.7%+64.7pp
Return on Assets	-0.1%-0.4pp	-1.3%-2.9pp	0.2%+0.6pp	-1.6%-0.9pp	0.3%+1.1pp	1.6%+3.5pp	-0.4%-0.9pp	-0.7%+5.0pp
Current Ratio	1.25+0.1x	1.25-0.2x	1.280.0x	1.14+0.1x	1.15+0.1x	1.43+0.4x	1.30+0.2x	1.00+0.2x
Asset Turnover	0.120.0x	0.100.0x	0.120.0x	0.110.0x	0.110.0x	0.080.0x	0.090.0x	0.080.0x
FCF Margin	5.8%+13.0pp	-3.4%-0.3pp	6.6%+13.1pp	10.2%+4.6pp	-7.2%-8.6pp	-3.2%+15.5pp	-6.5%-1.4pp	5.6%+1.3pp

Not reported in any period shown, so not listed: Gross Margin, Return on Equity, Debt-to-Equity.

Note: Shareholder equity is negative (-$3.4B), which causes debt-to-equity and return on equity ratios to appear negative or not meaningful. This can occur from accumulated losses or large share buyback programs.

Similar Companies

Newest fiscal year on record for each company. The health score is the peer-relative Financial Health Score for that year; a dash means no score is published for it.

Company	Fiscal year	Revenue	Net income	Net margin	Market cap	Health score
Clear Channel Outdoor Holdings, Inc. CCO	FY2025	$1.6B	$19.9M	1.2%	$1.2B	41/100
Nexxen International Ltd. NEXN	FY2025	$364.8M	$25.0M	6.9%	$504.6M	44/100
Advantage Solutions Inc. ADV	FY2025	$3.5B	-$227.7M	-6.4%	$372.6M	28/100
AirNet Technology Inc. ANTE	FY2025	$28.2M	-$28.1M	-99.7%	$385.3M	82/100
QuinStreet, Inc. QNST	FY2026	$1.3B	$81.2M	6.3%	$933.9M	56/100
Emerald Holding, Inc. EEX	FY2025	$463.4M	-$30.7M	-6.6%	$997.5M	42/100

Where Clear Channel Outdoor Holdings, Inc. Ranks

Frequently Asked Questions

What is Clear Channel Outdoor Holdings, Inc.'s annual revenue?

Clear Channel Outdoor Holdings, Inc. (CCO) reported $1.6B in total revenue for fiscal year 2025. This represents a 6.6% change compared to the previous fiscal year. Revenue measures the total income earned from the company's primary business operations before any expenses are deducted.

How fast is Clear Channel Outdoor Holdings, Inc.'s revenue growing?

Clear Channel Outdoor Holdings, Inc. (CCO) revenue grew by 6.6% year-over-year, from $1.5B to $1.6B in fiscal year 2025.

Is Clear Channel Outdoor Holdings, Inc. profitable?

Yes, Clear Channel Outdoor Holdings, Inc. (CCO) reported a net income of $19.9M in fiscal year 2025, with a net profit margin of 1.2%.

What is Clear Channel Outdoor Holdings, Inc.'s EBITDA?

Clear Channel Outdoor Holdings, Inc. (CCO) had EBITDA of $485.6M in fiscal year 2025, measuring earnings before interest, taxes, depreciation, and amortization.

How much debt does Clear Channel Outdoor Holdings, Inc. have?

As of fiscal year 2025, Clear Channel Outdoor Holdings, Inc. (CCO) had $190.0M in cash and equivalents against $5.1B in long-term debt.

What is Clear Channel Outdoor Holdings, Inc.'s operating margin?

Clear Channel Outdoor Holdings, Inc. (CCO) had an operating margin of 19.4% in fiscal year 2025, reflecting the profitability of core business operations before interest and taxes.

What is Clear Channel Outdoor Holdings, Inc.'s net profit margin?

Clear Channel Outdoor Holdings, Inc. (CCO) had a net profit margin of 1.2% in fiscal year 2025, representing the share of revenue converted into profit after all expenses.

What is Clear Channel Outdoor Holdings, Inc.'s free cash flow?

Clear Channel Outdoor Holdings, Inc. (CCO) generated $32.0M in free cash flow during fiscal year 2025. This represents a 151.0% change compared to the previous fiscal year. Free cash flow represents the cash a company generates after accounting for capital expenditures, and is widely used to assess financial flexibility and shareholder value.

What is Clear Channel Outdoor Holdings, Inc.'s operating cash flow?

Clear Channel Outdoor Holdings, Inc. (CCO) generated $114.9M in operating cash flow during fiscal year 2025, representing cash generated from core business activities.

What are Clear Channel Outdoor Holdings, Inc.'s total assets?

Clear Channel Outdoor Holdings, Inc. (CCO) had $3.8B in total assets as of fiscal year 2025, including both current and long-term assets.

What are Clear Channel Outdoor Holdings, Inc.'s capital expenditures?

Clear Channel Outdoor Holdings, Inc. (CCO) invested $82.9M in capital expenditures during fiscal year 2025, funding long-term assets and infrastructure.

How many shares does Clear Channel Outdoor Holdings, Inc. have outstanding?

Clear Channel Outdoor Holdings, Inc. (CCO) had 498M shares outstanding as of fiscal year 2025.

What is Clear Channel Outdoor Holdings, Inc.'s current ratio?

Clear Channel Outdoor Holdings, Inc. (CCO) had a current ratio of 1.28 as of fiscal year 2025, which is considered adequate.

What is Clear Channel Outdoor Holdings, Inc.'s return on assets (ROA)?

Clear Channel Outdoor Holdings, Inc. (CCO) had a return on assets of 0.5% for fiscal year 2025, measuring how efficiently the company uses its assets to generate profit.

What is Clear Channel Outdoor Holdings, Inc.'s P/E ratio?

Clear Channel Outdoor Holdings, Inc. (CCO) has no price-to-earnings ratio at the moment: net loss, so no earnings multiple (trailing 12 months to June 30, 2026). The market capitalization is $1.2B as of Oct 15, 2026; a multiple compares that price with a filed figure and says nothing about the quality of the business.

What is Clear Channel Outdoor Holdings, Inc.'s price-to-sales ratio?

Clear Channel Outdoor Holdings, Inc. (CCO) trades at 0.7x sales, its market capitalization divided by revenue of $1.7B revenue, trailing 12 months to June 30, 2026. The market capitalization is $1.2B as of Oct 15, 2026; a multiple compares that price with a filed figure and says nothing about the quality of the business.

Why is Clear Channel Outdoor Holdings, Inc.'s debt-to-equity ratio negative or not reported?

Clear Channel Outdoor Holdings, Inc. (CCO) has negative shareholder equity of -$3.4B as of fiscal year 2025, so no debt-to-equity ratio is reported: dividing debt by equity that is not positive produces a number that cannot be read as leverage. This can occur when accumulated losses exceed invested capital, or after large share buyback programs. Other solvency metrics like the current ratio or interest coverage may be more informative.

What is Clear Channel Outdoor Holdings, Inc.'s Altman Z-Score?

Clear Channel Outdoor Holdings, Inc. (CCO) has an Altman Z-Score of -1.69, placing it in the Distress Zone (elevated bankruptcy risk). The Z-Score combines five financial ratios (working capital, retained earnings, EBIT, market capitalization, and revenue relative to total assets) to predict the likelihood of bankruptcy. Scores above 2.99 indicate financial safety while scores below 1.81 suggest financial distress. Learn more in our complete guide to financial health indicators.

What is Clear Channel Outdoor Holdings, Inc.'s Piotroski F-Score?

Clear Channel Outdoor Holdings, Inc. (CCO) has a Piotroski F-Score of 5 out of 8 computable signals; 1 of the nine could not be computed from available data, so the full-scale strength rating is not shown. The F-Score evaluates nine binary signals across profitability (positive ROA, positive cash flow, improving ROA, earnings quality), leverage (decreasing debt, improving liquidity, no share dilution), and operating efficiency (improving gross margin, improving asset turnover). Scores of 7 to 9 indicate strong and improving fundamentals. Learn more in our complete guide to financial health indicators.

Are Clear Channel Outdoor Holdings, Inc.'s earnings high quality?

Clear Channel Outdoor Holdings, Inc. (CCO) has an earnings quality ratio of 5.76x, considered cash-backed (high quality). This ratio compares operating cash flow to net income. A ratio above 1.0x means the company generates more cash than its reported earnings, indicating sustainable, cash-backed profits. Ratios below 1.0x suggest earnings rely on accounting accruals rather than actual cash generation. Learn more in our complete guide to financial health indicators.

Can Clear Channel Outdoor Holdings, Inc. cover its interest payments?

Clear Channel Outdoor Holdings, Inc. (CCO) has an interest coverage ratio of 0.79x, meaning it can struggle to cover its interest obligations. This ratio divides operating income by interest expense. Ratios above 5x indicate strong debt-servicing ability, while ratios below 2x suggest the company may face difficulty meeting interest payments if earnings decline. Learn more in our complete guide to financial health indicators.

How financially healthy is Clear Channel Outdoor Holdings, Inc.?

Clear Channel Outdoor Holdings, Inc. (CCO) scores 41 out of 100 on our Financial Health Score, indicating moderate standing within its operating companies peer group. The score is a 0-100 composite of six dimensions (Profitability, Growth, Leverage, Liquidity, Cash Flow, Returns), each ranked as a percentile relative to companies in the same scoring family (banks against banks, REITs against REITs, and so on) rather than across all industries. It rates the quality of the business, not whether the stock is fairly priced, and is not financial advice. Learn more in our complete guide to financial health indicators.