(IHRT) iHeartMedia - Overview
Sector: Communication Services | Industry: Broadcasting | Exchange: NASDAQ (USA) | Market Cap: 762m USD | Total Return: 219.3% in 12m
Avg Turnover: 7.58M
Qual. Beats: 0
Rev. Trend: 69.1%
Qual. Beats: 0
Warnings
Negative Equity with losses - insolvent profile
High Debt/EBITDA (9.5) with thin interest coverage (0.8)
High Debt while negative Cash Flow
Interest Coverage Ratio 0.8 is critical
Altman Z'' -3.04 < 1.0 - financial distress zone
Choppy Below Avwap Earnings
Tailwinds
Rs Leader
iHeartMedia, Inc. is a diversified audio media provider operating through three primary segments: Multiplatform Group, Digital Audio Group, and Audio & Media Services Group. The company maintains a massive terrestrial footprint through broadcast radio stations, syndicated programming via Premiere Networks, and the Total Traffic & Weather Network. Its digital division encompasses the iHeartRadio streaming app, a large-scale podcasting network, and integrated advertising technology platforms.
The company also provides critical infrastructure to the broader media industry through its RCS software, which offers automation and scheduling tools for radio and television stations globally. In the broadcasting sector, revenue is increasingly shifting toward digital integration as traditional radio operators leverage data-driven SmartAudio tools to compete with programmatic advertising platforms. This hybrid model allows the firm to monetize both live local broadcasts and on-demand digital content through a unified sales strategy.
For a deeper look into the companys financial health and valuation, exploring the latest data on ValueRay may be useful. iHeartMedia remains a central player in the U.S. audio market, managing a complex ecosystem of live events, newsletters, and real-time audio recognition technology.
- Podcast revenue growth offsets declining traditional broadcast radio advertising trends
- High debt levels and interest expenses impact net income and liquidity
- Political advertising cycles drive significant biennial revenue fluctuations for the Multiplatform Group
- Digital advertising technology expansion improves programmatic sales margins and platform scale
- Macroeconomic sensitivity to national advertising spend affects core radio station valuations
| Net Income: -286.9m TTM > 0 and > 6% of Revenue |
| FCF/TA: -0.00 > 0.02 and ΔFCF/TA 0.03 > 1.0 |
| NWC/Revenue: 10.68% < 20% (prev 11.13%; Δ -0.44% < -1%) |
| CFO/TA 0.01 > 3% & CFO 61.0m > Net Income -286.9m |
| Net Debt (6.36b) to EBITDA (668.4m): 9.51 < 3 |
| Current Ratio: 1.49 > 1.5 & < 3 |
| Outstanding Shares: last quarter (155.8m) vs 12m ago 2.17% < -2% |
| Gross Margin: 56.53% > 18% (prev 0.58%; Δ 5.59k% > 0.5%) |
| Asset Turnover: 77.63% > 50% (prev 73.32%; Δ 4.31% > 0%) |
| Interest Coverage Ratio: 0.80 > 6 (EBITDA TTM 668.4m / Interest Expense TTM 398.0m) |
| A: 0.09 (Total Current Assets 1.29b - Total Current Liabilities 864.3m) / Total Assets 4.89b |
| B: -1.00 (Retained Earnings -4.91b / Total Assets 4.89b) |
| C: 0.06 (EBIT TTM 318.9m / Avg Total Assets 5.08b) |
| D: -0.72 (Book Value of Equity -4.91b / Total Liabilities 6.81b) |
| Altman-Z'' = -3.04 = D |
| DSRI: 1.02 (Receivables 853.6m/817.5m, Revenue 3.94b/3.86b) |
| GMI: 1.03 (GM 56.53% / 58.48%) |
| AQI: 0.94 (AQ_t 0.53 / AQ_t-1 0.57) |
| SGI: 1.02 (Revenue 3.94b / 3.86b) |
| TATA: -0.07 (NI -286.9m - CFO 61.0m) / TA 4.89b) |
| Beneish M = -3.07 (Cap -4..+1) = AA |
As of May 30, 2026, the stock is trading at USD 4.31 with a total of 4,143,931 shares traded.
Over the past week, the price has changed by -11.68%,
over one month by -15.49%,
over three months by +31.80% and
over the past year by +219.26%.
iHeartMedia has received a consensus analysts rating of 2.75. Therefore, it is recommended to hold IHRT.
- StrongBuy: 0
- Buy: 0
- Hold: 3
- Sell: 1
- StrongSell: 0
| Analysts Target Price | 4.1 | -4.2% |
P/E Forward = 71.9424
P/S = 0.1932
P/B = 4.3132
P/EG = 5.025
Revenue TTM = 3.94b USD
EBIT TTM = 318.9m USD
EBITDA TTM = 668.4m USD
Long Term Debt = 4.96b USD (from longTermDebt, last quarter)
Short Term Debt = 136.8m USD (from shortTermDebt, last quarter)
Debt = 6.49b USD (from shortLongTermDebtTotal, last quarter) + Leases 728.8m
Net Debt = 6.36b USD (calculated: Debt 6.49b - CCE 135.1m)
Enterprise Value = 7.12b USD (761.8m + Debt 6.49b - CCE 135.1m)
Interest Coverage Ratio = 0.80 (Ebit TTM 318.9m / Interest Expense TTM 398.0m)
EV/FCF = -311.4x (Enterprise Value 7.12b / FCF TTM -22.9m)
FCF Yield = -0.32% (FCF TTM -22.9m / Enterprise Value 7.12b)
FCF Margin = -0.58% (FCF TTM -22.9m / Revenue TTM 3.94b)
Net Margin = -7.28% (Net Income TTM -286.9m / Revenue TTM 3.94b)
Gross Margin = 56.53% ((Revenue TTM 3.94b - Cost of Revenue TTM 1.71b) / Revenue TTM)
Gross Margin QoQ = 48.38% (prev 58.59%)
Tobins Q-Ratio = 1.46 (Enterprise Value 7.12b / Total Assets 4.89b)
Interest Expense / Debt = 6.13% (Interest Expense 398.0m / Debt 6.49b)
Taxrate = 21.0% (US default 21%)
NOPAT = 251.9m (EBIT 318.9m * (1 - 21.00%))
Current Ratio = 1.49 (Total Current Assets 1.29b / Total Current Liabilities 864.3m)
Debt / Equity = -3.37 (negative equity) (Debt 6.49b / totalStockholderEquity, last quarter -1.93b)
Debt / EBITDA = 9.51 (Net Debt 6.36b / EBITDA 668.4m)
Debt / FCF = -278.1 (out of range, set to none) (Net Debt 6.36b / FCF TTM -22.9m)
Total Stockholder Equity = -1.82b (last 4 quarters mean from totalStockholderEquity)
RoA = -5.65% (Net Income -286.9m / Total Assets 4.89b)
RoE = -9.29% (Net Income TTM -286.9m / Total Stockholder Equity 3.09b)
RoCE = 3.96% (EBIT 318.9m / Capital Employed (Equity 3.09b + L.T.Debt 4.96b))
RoIC = 6.05% (NOPAT 251.9m / Invested Capital 4.16b)
WACC = 5.65% (E(761.8m)/V(7.26b) * Re(12.55%) + D(6.49b)/V(7.26b) * Rd(6.13%) * (1-Tc(0.21)))
Discount Rate = 12.55% (= CAPM, Blume Beta Adj.)
Shares (quarterly) Correlation: 80.90 | Cagr: 3.35%
[DCF] Fair Price = unknown (Cash Flow -22.9m)
EPS Correlation: N/A | EPS CAGR: N/A | SUE: -0.14 | # QB: 0
Revenue Correlation: 69.12 | Revenue CAGR: 1.22% | SUE: 0.53 | # QB: 0
EPS current Quarter (2026-06-30): EPS=-0.33 | Chg30d=-124.23% | Revisions=-43% | Analysts=3
EPS next Quarter (2026-09-30): EPS=0.24 | Chg30d=+29.57% | Revisions=+25% | Analysts=4
EPS current Year (2026-12-31): EPS=-0.21 | Chg30d=-99.13% | Revisions=-14% | GrowthEPS=+93.2% | GrowthRev=+7.4%
EPS next Year (2027-12-31): EPS=0.04 | Chg30d=+155.48% | Revisions=+25% | GrowthEPS=+119.3% | GrowthRev=+0.0%
[Analyst] Revisions Ratio: -43%