(CCO) Clear Channel Outdoor - Ratings and Ratios
Billboards, Street Furniture, Transit Displays, Wallscapes, Airport Advertising
EPS (Earnings per Share)
Revenue
Dividends
Currently no dividends paid| Risk via 5d forecast | |
|---|---|
| Volatility | 52.7% |
| Value at Risk 5%th | 79.7% |
| Relative Tail Risk | -8.12% |
| Reward TTM | |
|---|---|
| Sharpe Ratio | 0.86 |
| Alpha | 23.09 |
| CAGR/Max DD | 0.35 |
| Character TTM | |
|---|---|
| Hurst Exponent | 0.472 |
| Beta | 1.693 |
| Beta Downside | 1.247 |
| Drawdowns 3y | |
|---|---|
| Max DD | 58.74% |
| Mean DD | 28.97% |
| Median DD | 29.61% |
Description: CCO Clear Channel Outdoor December 26, 2025
Clear Channel Outdoor Holdings, Inc. (NYSE: CCO) is a publicly-traded out-of-home (OOH) advertising company operating primarily in the United States and Singapore, with its corporate headquarters in San Antonio, Texas. The firm is organized into two reporting segments-America and Airports-and offers a portfolio of static and digital billboards, “spectacular” custom displays, street-furniture assets (bus shelters, kiosks, news racks), transit media (rail stations, buses, trams), and wall-scape placements, as well as advertising inventory at commercial and private airports.
The company’s technology suite is branded “RADAR” and includes four distinct tools: RADARView (audience-insight and campaign-planning platform built on historical mobile-location data), RADARConnect (programmatic amplification across mobile and connected devices), RADARProof (measurement and attribution using anonymized, aggregated data), and RADARSync (a privacy-compliant data-integration layer that feeds insights into third-party analytics platforms). These solutions aim to monetize the growing demand for data-driven, programmatic OOH buying.
Key industry metrics that shape CCO’s outlook include: (1) U.S. OOH ad spend, which grew ≈ 7 % YoY in 2023 and is projected to reach $14 bn by 2025, driven by a shift toward digital and programmatic inventory; (2) Digital-OOH (DOOH) penetration, now accounting for roughly 30 % of total OOH revenue and expanding at 12-15 % annual rates; and (3) Average revenue per billboard (ARPB), reported at $9.8 k in Q4 2023, a figure that has been trending upward as advertisers allocate more budget to premium, data-enabled locations.
From a financial perspective, CCO posted FY 2023 revenue of $2.5 bn, a 5 % increase year-over-year, and an adjusted EBITDA margin of 31 %, reflecting both the higher mix of digital assets and cost efficiencies from the RADAR platform. The company’s exposure to macro-economic cycles is moderated by the essential-service nature of advertising spend and by long-term lease contracts for many of its billboard sites.
For a deeper, data-driven valuation, see the ValueRay analyst page to explore granular financial models and scenario analyses.
Piotroski VR‑10 (Strict, 0-10) 1.0
| Net Income (-5.94m TTM) > 0 and > 6% of Revenue (6% = 94.2m TTM) |
| FCFTA -0.01 (>2.0%) and ΔFCFTA 0.51pp (YES ≥ +1.0pp, WARN ≥ +0.5pp) |
| NWC/Revenue 5.35% (prev 0.10%; Δ 5.26pp) (YES ≤20% & Δ≤-1pp; WARN ≤25% & Δ≤0 oder ≤40% & Δ≤-3pp) |
| CFO/TA 0.02 (>3.0%) and CFO 87.8m > Net Income -5.94m (YES >=105%, WARN >=100%) |
| Net Debt (6.31b) to EBITDA (399.8m) ratio: 15.78 <= 3.0 (WARN <= 3.5) |
| Current Ratio 1.14 (target 1.5–3.0; WARN 1.2–<1.5 or >3.0–5.0; CFO/TA gate active) |
| Outstanding Shares last Quarter (498.4m) change vs 12m ago 1.93% (target <= -2.0% for YES) |
| Gross Margin 53.50% (prev 51.89%; Δ 1.61pp) >=18% & Δ>=+0.5pp (WARN >=15% & Δ>=0) |
| Asset Turnover 37.34% (prev 40.17%; Δ -2.82pp) >=50% & Δ>=+2pp (WARN >=35% & Δ>=0) |
| Interest Coverage Ratio 0.70 (EBITDA TTM 399.8m / Interest Expense TTM 375.9m) >= 6 (WARN >= 3) |
Altman Z'' -6.48
| (A) 0.02 = (Total Current Assets 699.6m - Total Current Liabilities 615.6m) / Total Assets 3.76b |
| (B) -1.85 = Retained Earnings (Balance) -6.95b / Total Assets 3.76b |
| warn (B) unusual magnitude: -1.85 — check mapping/units |
| (C) 0.06 = EBIT TTM 261.4m / Avg Total Assets 4.20b |
| (D) -0.98 = Book Value of Equity -7.04b / Total Liabilities 7.22b |
| Total Rating: -6.48 = (6.56 * A) + (3.26 * B) + (6.72 * C) + (1.05 * D) |
ValueRay F-Score (Strict, 0-100) 46.38
| 1. Piotroski 1.0pt |
| 2. FCF Yield -0.36% |
| 3. FCF Margin -1.67% |
| 4. Debt/Equity -1.86 |
| 5. Debt/Ebitda 15.78 |
| 6. ROIC - WACC (= 8.55)% |
| 7. RoE 0.17% |
| 8. Rev. Trend -77.78% |
| 9. EPS Trend 26.26% |
What is the price of CCO shares?
Over the past week, the price has changed by +0.00%, over one month by +5.39%, over three months by +45.27% and over the past year by +46.26%.
Is CCO a buy, sell or hold?
- Strong Buy: 1
- Buy: 0
- Hold: 4
- Sell: 1
- Strong Sell: 0
What are the forecasts/targets for the CCO price?
| Issuer | Target | Up/Down from current |
|---|---|---|
| Wallstreet Target Price | 2.3 | 4.7% |
| Analysts Target Price | 2.3 | 4.7% |
| ValueRay Target Price | 2.3 | 7.4% |
CCO Fundamental Data Overview January 04, 2026
P/E Forward = 117.6471
P/S = 0.6718
P/EG = 16.5714
Beta = 2.288
Revenue TTM = 1.57b USD
EBIT TTM = 261.4m USD
EBITDA TTM = 399.8m USD
Long Term Debt = 5.10b USD (from longTermDebt, last quarter)
Short Term Debt = 133.5m USD (from shortTermDebt, last quarter)
Debt = 6.46b USD (from shortLongTermDebtTotal, last quarter)
Net Debt = 6.31b USD (from netDebt column, last quarter)
Enterprise Value = 7.36b USD (1.05b + Debt 6.46b - CCE 155.0m)
Interest Coverage Ratio = 0.70 (Ebit TTM 261.4m / Interest Expense TTM 375.9m)
FCF Yield = -0.36% (FCF TTM -26.2m / Enterprise Value 7.36b)
FCF Margin = -1.67% (FCF TTM -26.2m / Revenue TTM 1.57b)
Net Margin = -0.38% (Net Income TTM -5.94m / Revenue TTM 1.57b)
Gross Margin = 53.50% ((Revenue TTM 1.57b - Cost of Revenue TTM 729.7m) / Revenue TTM)
Gross Margin QoQ = 54.53% (prev 53.94%)
Tobins Q-Ratio = 1.96 (Enterprise Value 7.36b / Total Assets 3.76b)
Interest Expense / Debt = 1.56% (Interest Expense 101.1m / Debt 6.46b)
Taxrate = 22.54% (-14.4m / -64.0m)
NOPAT = 202.4m (EBIT 261.4m * (1 - 22.54%))
Current Ratio = 1.14 (Total Current Assets 699.6m / Total Current Liabilities 615.6m)
Debt / Equity = -1.86 (negative equity) (Debt 6.46b / totalStockholderEquity, last quarter -3.47b)
Debt / EBITDA = 15.78 (Net Debt 6.31b / EBITDA 399.8m)
Debt / FCF = -241.0 (out of range, set to none) (Net Debt 6.31b / FCF TTM -26.2m)
Total Stockholder Equity = -3.49b (last 4 quarters mean from totalStockholderEquity)
RoA = -0.16% (Net Income -5.94m / Total Assets 3.76b)
RoE = 0.17% (negative equity) (Net Income TTM -5.94m / Total Stockholder Equity -3.49b)
RoCE = 16.24% (EBIT 261.4m / Capital Employed (Equity -3.49b + L.T.Debt 5.10b))
RoIC = 11.31% (NOPAT 202.4m / Invested Capital 1.79b)
WACC = 2.76% (E(1.05b)/V(7.52b) * Re(12.25%) + D(6.46b)/V(7.52b) * Rd(1.56%) * (1-Tc(0.23)))
Discount Rate = 12.25% (= CAPM, Blume Beta Adj.)
Shares Correlation 3-Years: 33.33 | Cagr: 0.41%
Fair Price DCF = unknown (Cash Flow -26.2m)
EPS Correlation: 26.26 | EPS CAGR: 11.68% | SUE: -0.12 | # QB: 0
Revenue Correlation: -77.78 | Revenue CAGR: -14.90% | SUE: 0.01 | # QB: 0
EPS next Quarter (2026-03-31): EPS=-0.11 | Chg30d=-0.002 | Revisions Net=+0 | Analysts=2
EPS next Year (2026-12-31): EPS=-0.10 | Chg30d=-0.006 | Revisions Net=+0 | Growth EPS=-336.4% | Growth Revenue=+4.4%
Additional Sources for CCO Stock
Tweets: X | Stocktwits
Fund Manager Positions: Dataroma | Stockcircle