Start here if you're new
what it is
It sells ads on 61,800 billboards and airport screens across the Americas and 200 airports.
how it gets paid
Last year Clear Channel made $1.6B in revenue. U.S. roadside displays was the main engine at $0.8B, or 50% of sales.
why it's growing
Revenue grew 6.6% last year. Annual revenue was $1.6B, up 6.6% vs. prior year.
what just happened
The quarter printed $1.1B of revenue and $0.02 EPS, up 182% and 117% vs. prior year.
At a glance
C balance sheet — red flag territory — real financial stress
40/100 earnings predictability — expect surprises
3.7% return on capital — nothing to write home about
-$0.26 fy2024 eps est
$2B fy2025 rev est
xvary composite: 13/100 — weak
What they do
It sells ads on 61,800 billboards and airport screens across the Americas and 200 airports.
You are buying 61,800 physical ad spots, not a software login. 48,700 are in the Americas and 13,100 are in airports. That gap matters because your ad still exists when the skip button does not.
How they make money
$1.6B
annual revenue · their business grew +6.6% last year
U.S. roadside displays
$0.8B
Street furniture and local ads
$0.3B
Airport screens
$0.3B
National and digital buys
$0.2B
The products that matter
largest disclosed segment
Americas Outdoor
$1.1B · 69% of shown segment revenue
this $1.1B segment is the center of gravity in the disclosed numbers. if Americas slows, most of what you can actually see on this page slows with it.
largest segment
faster-growing geography
Europe Outdoor
$0.5B · +8%
Europe grew faster than the Americas business at 8% versus 6%. that helps. it also remains the smaller disclosed segment at 31% of the mix shown here.
31% of shown revenue
important but under-disclosed piece
Digital Displays
revenue not broken out
the page gives you $1.6B of disclosed segment revenue, but none of it is split into a separate digital line. if digital is the cleaner growth pocket, this snapshot does not tell you how large that pocket is.
data thin
Key numbers
$6.3B
long-term debt
That debt stack is 84% of capital. Your equity is last in line.
84%
debt share
For every $100 of capital, $84 is borrowed. That is not a sleepy balance sheet.
3.7%
return on capital
The business earns 3.7 cents on each dollar of capital. That is thin for a company with $6.3B of debt.
61,800
displays
That is the asset base. More displays means more places to sell the same ad.
Financial health
C
strength
- balance sheet grade C — very weak — significant financial distress
- risk rank 5 — safer than 5% of stocks
- price stability 10 / 100
- long-term debt $6.3B (84% of capital)
C — balance sheet grade and long-term debt are flagged. this stock carries more risk than average.
Total return vs. market
Return history isn't available for CCO right now.
source: institutional data · return history unavailable
What just happened
beat estimates
The quarter printed $1.1B of revenue and $0.02 EPS, up 182% and 117% vs. prior year.
Annual revenue was $1.6B, up 6.6% vs. prior year. still shows operating margin at 19.4% and return on capital at 3.7%.
$395M
revenue
$0.02
eps
19.4%
operating margin
the number that mattered
The $1.1B quarter matters because it sits next to a $6.3B debt load and a $2.43 buyout price.
source: company earnings report, 2026
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What could go wrong
your main risk is the Mubadala Capital and TWG Global transaction failing, because a failed deal sends you right back to a standalone equity sitting under $6.3B of long-term debt and still posting a -$0.26 per-share result.
high
deal failure re-prices the stock to standalone fundamentals
if the transaction with Mubadala Capital and TWG Global breaks, you are back to valuing a billboard company with a C balance sheet, negative EPS, and $6.3B in long-term debt.
the acquisition floor disappears and the debt stack becomes the first lens again
high
creditors keep taking the first cut of operating progress
long-term debt is $6.3B, or 84% of capital. even with a 34.7% operating margin, the structure can keep absorbing the benefit before much of it reaches you.
less flexibility, less room for error, and less upside for equity holders
med
small operating misses hit a thin equity cushion hard
price stability is 10 / 100 and risk rank is 5. this stock already trades like a fragile instrument, so modest disappointments can travel far.
you get amplified volatility because the balance sheet leaves little room for a soft quarter
med
thin disclosure keeps the operating thesis fuzzy
digital display revenue is not broken out, total return data is missing, and the page shows both a $2B revenue estimate and $1.6B of disclosed segment revenue. the broad story is visible. the precision is not.
wider valuation error bars and more room for the stock to trade on narrative instead of clean segment math
a failed transaction leaves you with roughly $1B of equity value sitting under $6.3B of long-term debt. that ratio does not need extra drama from us.
source: institutional data · regulatory filings · risk analysis
Pay attention to
deal risk
acquisition closing status
the Mubadala Capital and TWG Global transaction is the main catalyst on this page. if it closes, the stock behaves more like a deal. if it stalls, leverage takes over the conversation again.
balance sheet
long-term debt versus operating progress
$6.3B of debt against 3.7% return on capital is the mismatch to track. you want improvement that is big enough to matter, not just good enough for a headline.
calendar
next earnings release
the next report should tell you whether 6% growth in the Americas and 8% growth in Europe are holding. on a leveraged stock, stable beats slipping.
disclosure
digital mix disclosure
digital displays are part of the story, but revenue is not broken out here. cleaner disclosure would tell you whether the better business inside CCO is large enough to move the whole company.
Analyst rankings
earnings predictability
40 / 100
in human-speak: expect earnings to swing around more than you want on a leveraged balance sheet.
risk rank
5
safer than only 5% of stocks in the dataset. translation: this setup already lives near the riskier end of the market.
price stability
10 / 100
this is not a bunker stock. when the deal odds or leverage story shift, your share price usually notices fast.
source: institutional data
Institutional activity
institutional ownership data for CCO is being compiled.
source: institutional data
Price targets
3-5 year target range
n/a
n/a
$2
current price
n/a
target midpoint · n/a from current
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