Clear Channel Outdoor Holdings, Inc. (CCO)
Clear Channel Outdoor Holdings, Inc. operates in the Advertising Agencies industry of the Communication Services sector, headquartered in San Antonio, TX, US. The stock last traded at $2.42, up 0.41% on the session, giving a market capitalisation of $1.23B. On trailing twelve-month figures it carries a trailing P/E of -5.66, a net margin of -13.1%. Its beta of 1.97 implies it has historically moved more than the broad market.
Clear Channel Outdoor Holdings, Inc. is a prominent player in the out-of-home advertising industry, engaged in the ownership, operation, and sale of various display types across the United States and internationally. The company's operations are geographically divided into two primary segments: the Americas and Europe. Its extensive portfolio encompasses a wide array of advertising media. These include traditional billboards, such as large bulletins and smaller posters; transit displays situated on vehicles or within public transportation systems; and street furniture displays, which appear on urban structures like bus shelters, information kiosks, and freestanding units. For high-impact campaigns, they develop elaborate "spectaculars"—customized, multi-dimensional displays that often incorporate video, moving components, and other dynamic features. They also offer "wallscapes," which are large-format advertisements draped over or affixed to building exteriors. Beyond these diverse display options, the company extends its services to include providing street furniture equipment, comprehensive cleaning and maintenance, production support, and the management of public bicycle rental programs across various municipalities. As of December 31, 2021, Clear Channel Outdoor boasted a substantial global presence, managing approximately 69,000 advertising displays throughout the Americas and an even larger network of 430,000 displays across Europe. Founded in 1901, the company initially operated as Eller Media Company before rebranding to Clear Channel Outdoor Holdings, Inc. in August 2005. Its corporate headquarters are situated in San Antonio, Texas.
Clear Channel Outdoor Holdings, Inc. is most often compared with the following Communication Services names: