Clear Channel Outdoor Holdings Inc (CCO)

In Q2 2025, the company reported solid financial results with a 7.0% year-over-year increase in consolidated revenue. Clear Channel Outdoor completed a private offering of $2.05 billion in senior secured notes to refinance existing debt. In Q3 2025, the company reported an 8.1% year-over-year increase in consolidated revenue, driven by strong digital revenue. Clear Channel Outdoor secured a new 10-year contract with the Metropolitan Washington Airports Authority to provide advertising services at Washington Reagan National Airport and Washington Dulles International Airport.

Direct information regarding demand seasonality is not available. However, the company's Q2 2025 earnings report noted strong advertising demand, and the Q3 2025 earnings call highlighted that categories such as banking, legal services, and technology are performing well.

Clear Channel Outdoor Holdings, Inc. operates in the Communication Services sector as an out-of-home advertising company. The company provides traditional billboards, street furniture displays, transit displays, and wallscapes. It also offers advertising solutions to commercial and private airports, as well as data-driven solutions like RADARView, RADARConnect, RADARProof, and RADARSync.

Clear Channel Outdoor Holdings, Inc. primarily operates in the United States and Singapore. In the U.S., the company has a significant presence, operating in 43 of the top 50 markets. Historically, the company also had operations in Europe and Latin America, but these segments have been classified as discontinued operations as of December 31, 2024, with the Europe-South segment classified as discontinued in 2023.

Clear Channel Outdoor positions itself as a trusted partner and a good corporate citizen. A study suggests that out-of-home advertising outperforms connected TV and digital media in key metrics such as brand favorability, ad awareness, and purchase intent. OOH ads deliver nearly four times more impact on brand favorability than digital media and CTV ads.

Approximately 55.65% to 73.57% of Clear Channel Outdoor Holdings, Inc.'s stock is owned by institutional investors, with major holders including Allianz Asset Management GmbH, PIMCO Income Fund Class A, and Vanguard Group Inc. Insiders own approximately 18.07% to 30.41% of the company's stock, with notable individual and insider owners including Pacific Investment Management Co LLC and iHeartMedia Inc. Retail investors hold around 0.00% to 13.94%.