Clear Channel Outdoor Holdings, Inc. Financial Ratios — CCO

Profitability (USD)

	2011 Y	2012 Y	2013 Y	2014 Y	2015 Y	2016 Y	2017 Y	2018 Y	2019 Y	2020 Y	2021 Y	2022 Y	2023 Y	2024 Y	2025 Y
As of date	12/31/2011	12/31/2012	12/31/2013	12/31/2014	12/31/2015	12/31/2016	12/31/2017	12/31/2018	12/31/2019	12/31/2020	12/31/2021	12/31/2022	12/31/2023	12/31/2024	12/31/2025

Return on Common Equity (%)	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Return on Assets (%)	0.61	-2.58	-0.7	-0.15	-1.52	2.25	-12.4	-4.75	-6.66	-9.59	-7.85	-1.86	-6.34	-3.76	0.46
Return on Capital (%)	-14.55	- -	- -	- -	- -	33.4	- -	- -	- -	- -	- -	- -	- -	- -	- -
Return on Invested Capital (%)	3.5	- -	- -	- -	- -	9.88	- -	- -	- -	- -	- -	- -	- -	- -	- -
Gross Margin (%)	45.71	45.59	45.87	46.07	46.73	47.07	45.54	45.97	45.89	35.23	49.85	57.38	53.96	54.79	53.37
EBITDA Margin (%)	24.72	23.89	23.98	23.38	23.46	36.69	21.73	21.26	21.34	14.98	31.09	41.39	33.13	34.46	30.27
Operating Margin (%)	10.34	10.34	10.29	9.66	10.07	23.85	9.13	9.54	9.62	-7.66	10.05	20.16	15.12	18.55	19.36
Incremental Operating Margin (%)	54.46	10.39	177.32	-114.98	2.25	-282.26	442.02	17.39	3.62	- -	-372.46	-26.03	-117.29	87.8	31.77
Pretax Margin (%)	3.55	-9.04	-0.32	0.28	-0.76	8.78	-35.01	-6.26	-10.79	-35.49	-22.31	-5.72	-12.77	-8.84	-6.16
Profit Margin (%)	1.43	-6.21	-1.64	-0.32	-3.42	5.04	-24.89	-8.02	-13.54	-31.42	-24.53	-6.99	-21.68	-11.91	1.24
Net Income to Common Margin (%)	1.43	-6.21	-1.64	-0.32	-3.42	5.04	-24.89	-8.02	-13.54	-31.42	-24.53	-6.99	-21.68	-11.91	1.24
Effective Tax Rate (%)	40.65	- -	- -	- -	- -	32.93	- -	- -	- -	- -	- -	- -	- -	- -	- -
Dvd Payout Ratio (%)	- -	-1,604.04	-104,171.88	399.34	- -	418.15	-54.73	-16.37	-0.21	-0.07	- -	- -	- -	- -	- -
Sustainable Growth Rate (%)	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -

Credit (USD)

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	2011 Y	2012 Y	2013 Y	2014 Y	2015 Y	2016 Y	2017 Y	2018 Y	2019 Y	2020 Y	2021 Y	2022 Y	2023 Y	2024 Y	2025 Y
As of date	12/31/2011	12/31/2012	12/31/2013	12/31/2014	12/31/2015	12/31/2016	12/31/2017	12/31/2018	12/31/2019	12/31/2020	12/31/2021	12/31/2022	12/31/2023	12/31/2024	12/31/2025

Total Debt	2,546	4,945	4,935	4,934	5,111	5,117	5,267	5,277	7,032	7,258	7,233	7,011	6,754	7,023	6,471
ST Debt	24	9	16	3	4	7	1	- -	408	365	338	233	116	133	142
LT Debt	2,522	4,935	4,919	4,930	5,107	5,110	5,266	5,277	6,623	6,893	6,895	6,778	6,639	6,889	6,328
Total Debt/EBITDA	3.43	7.02	6.99	7.13	7.76	5.2	9.36	9.12	12.28	26.13	13.15	12.26	14.22	13.54	13.33
Net Debt/EBITDA	2.7	6.23	6.54	6.86	7.14	4.65	9.11	8.81	8.18	17.23	9.45	9.23	11.49	10.7	10.12
Total Debt/EBIT	8.2	16.23	16.27	17.25	18.09	8.01	22.27	20.33	27.23	-51.11	40.69	25.17	31.15	25.15	20.83
Net Debt/EBIT	6.45	14.39	15.24	16.6	16.63	7.16	21.67	19.63	18.15	-33.71	29.22	18.96	25.18	19.88	15.82
EBITDA to Interest Expense	3.06	1.88	2	1.96	1.85	2.62	1.81	1.49	1.37	0.77	1.58	1.71	1.19	1.29	1.23
EBITDA-CapEx/Interest Expense	1.86	1.15	1.42	1.31	1.24	2.01	1.09	0.95	0.78	0.43	1.15	1.71	1.19	1.29	1.23
EBIT to Interest Expense	1.28	0.81	0.86	0.81	0.79	1.7	0.76	0.67	0.62	-0.39	0.51	0.83	0.54	0.7	0.79
Interest Expense	242	374	353	353	356	375	311	388	420	360	349	334	398	402	396
Common Equity/Total Assets	-55.42	-57.85	-61.53	-65.69	-67.63	-72.08	-102.29	-110.51	-83.6	-103.12	-120.18	-127.12	-143.48	-144.77	-181.13
Long-Term Debt/Equity (%)	92.04	1,106.37	3,072.54	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Long-Term Debt/Capital (%)	-219.24	456.05	502.98	509.19	494.06	446.4	814.98	1,198.14	360.07	516.75	787.95	1,212.28	-72,442.3	8,709.72	-1,397.66
Long-Term Debt/Total Assets (%)	35.58	69.46	72.78	77.69	80.97	89.35	112.75	116.7	103.6	119.76	130.1	133.27	140.57	143.4	165.28
Total Debt/Equity (%)	92.91	1,108.48	3,082.53	-3,500.71	-897.16	-549.67	-283.42	-251.1	-342.22	-260.83	-226.44	-214.89	-195.74	-192.94	-190.63
Total Debt/Capital (%)	-221.31	456.92	504.62	509.55	494.48	447.01	815.07	1,198.19	382.26	544.13	826.56	1,253.98	-73,706.59	8,878.15	-1,429.12
Total Debt/Total Assets (%)	35.92	69.59	73.02	77.74	81.04	89.48	112.76	116.7	109.98	126.11	136.48	137.86	143.03	146.17	169
Net Debt to Equity	73.11	982.5	2,886.07	-3,368.59	-824.71	-491.45	-275.66	-242.42	-228.02	-172.03	-162.62	-161.81	-158.18	-152.5	-144.74
Net Debt/Capital (%)	-118.32	842.47	696.44	607.05	756.74	759.07	1,020.33	1,974.86	325.21	872.68	1,118.83	1,906.72	-3,016.76	-18,134.47	-764.31
EBITDA	743	704	706	692	658	983	562	579	573	278	550	572	475	519	486
EBITDA-CapEx	452	428	500	461	440	754	338	367	329	154	402	572	475	519	486
Operating Income (Loss)	311	305	303	286	282	639	236	260	258	-142	178	279	217	279	311

Liquidity (USD)

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	2011 Y	2012 Y	2013 Y	2014 Y	2015 Y	2016 Y	2017 Y	2018 Y	2019 Y	2020 Y	2021 Y	2022 Y	2023 Y	2024 Y	2025 Y
As of date	12/31/2011	12/31/2012	12/31/2013	12/31/2014	12/31/2015	12/31/2016	12/31/2017	12/31/2018	12/31/2019	12/31/2020	12/31/2021	12/31/2022	12/31/2023	12/31/2024	12/31/2025

Cash Ratio	0.75	0.69	0.41	0.26	0.45	0.84	0.22	0.25	0.34	0.72	0.37	0.25	0.19	0.09	0.31
Current Ratio	2.02	1.86	1.6	1.48	1.7	2.09	1.48	1.39	1.02	1.22	1.02	1	1.08	1.3	1.28
Quick Ratio	1.75	1.63	1.33	1.24	1.21	1.78	1.23	1.22	0.94	1.15	0.95	0.66	0.55	0.36	0.91
CFO/Avg Current Liab	0.7	0.46	0.52	0.47	0.36	0.39	0.25	0.27	0.22	-0.12	-0.12	0.13	0.03	0.07	0.12
Common Equity/Total Assets	-55.42	-57.85	-61.53	-65.69	-67.63	-72.08	-102.29	-110.51	-83.6	-103.12	-120.18	-127.12	-143.48	-144.77	-181.13
Long-Term Debt/Equity (%)	92.04	1,106.37	3,072.54	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Long-Term Debt/Capital (%)	-219.24	456.05	502.98	509.19	494.06	446.4	814.98	1,198.14	360.07	516.75	787.95	1,212.28	-72,442.3	8,709.72	-1,397.66
Long-Term Debt/Total Assets (%)	35.58	69.46	72.78	77.69	80.97	89.35	112.75	116.7	103.6	119.76	130.1	133.27	140.57	143.4	165.28
Total Debt/Equity (%)	92.91	1,108.48	3,082.53	-3,500.71	-897.16	-549.67	-283.42	-251.1	-342.22	-260.83	-226.44	-214.89	-195.74	-192.94	-190.63
Total Debt/Capital (%)	-221.31	456.92	504.62	509.55	494.48	447.01	815.07	1,198.19	382.26	544.13	826.56	1,253.98	-73,706.59	8,878.15	-1,429.12
Total Debt/Total Assets (%)	35.92	69.59	73.02	77.74	81.04	89.48	112.76	116.7	109.98	126.11	136.48	137.86	143.03	146.17	169
CFO/Total Liabilities	11.9	5.33	6.28	5.37	4.35	4.64	2.45	2.83	2.54	-1.61	-1.57	1.68	0.38	0.94	1.59
CFO/CapEx	1.78	1.29	2.01	1.51	1.37	1.34	0.71	0.89	0.88	-1.11	-0.9	- -	- -	- -	- -
Altman's Z-Score	0.48	0.02	0.03	-0.02	-0.17	0.13	-0.94	-1.02	-0.81	-1.64	-1.7	-1.92	-2.12	-1.93	-2.59

Working Capital (USD)

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	2011 Y	2012 Y	2013 Y	2014 Y	2015 Y	2016 Y	2017 Y	2018 Y	2019 Y	2020 Y	2021 Y	2022 Y	2023 Y	2024 Y	2025 Y
As of date	12/31/2011	12/31/2012	12/31/2013	12/31/2014	12/31/2015	12/31/2016	12/31/2017	12/31/2018	12/31/2019	12/31/2020	12/31/2021	12/31/2022	12/31/2023	12/31/2024	12/31/2025

Accounts Receivable Turnover	4.18	4.05	4.02	4.21	4.02	4.15	4.13	3.99	3.79	3.15	3.18	2.52	3.73	4.57	4.48
Days Sales Outstanding	87.32	90.21	90.76	86.79	90.75	87.9	88.3	91.58	96.29	115.92	114.68	144.88	97.8	79.9	81.4
Inventory Turnover	172.63	82.25	70.95	68.32	65.85	63.45	65.37	73.53	74.12	63.7	106.93	- -	- -	- -	- -
Days Inventory Outstanding	2.11	4.44	5.14	5.34	5.54	5.75	5.58	4.96	4.92	5.73	3.41	- -	- -	- -	- -
Accounts Payable Turnover	16.85	16.83	17.64	19.7	16.99	15.14	16.14	14.55	13.97	12.23	8.3	6.47	11.19	16.33	21.11
Accounts Payable Turnover Days	21.66	21.69	20.7	18.53	21.48	24.11	22.62	25.09	26.12	29.85	43.97	56.41	32.62	22.36	17.29
Cash Conversion Cycle	67.78	72.96	75.21	73.61	74.81	69.54	71.26	71.45	75.09	91.8	74.12	88.47	65.18	57.54	64.11
Inventory to Cash Days	85.2	85.78	85.62	81.45	85.21	82.14	82.72	86.62	91.36	110.19	111.27	144.88	97.8	79.9	81.4
Inventories	19	20	25	22	24	21	22	18	21	17	- -	- -	- -	- -	- -
Raw Materials	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Work In Process	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Finished Goods	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Other Inventory	19	20	25	22	24	21	22	18	21	17	- -	- -	- -	- -	- -

Enterprise Value (USD)

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	2011 Y	2012 Y	2013 Y	2014 Y	2015 Y	2016 Y	2017 Y	2018 Y	2019 Y	2020 Y	2021 Y	2022 Y	2023 Y	2024 Y	2025 Y
As of date	12/31/2011	12/31/2012	12/31/2013	12/31/2014	12/31/2015	12/31/2016	12/31/2017	12/31/2018	12/31/2019	12/31/2020	12/31/2021	12/31/2022	12/31/2023	12/31/2024	12/31/2025

Market Capitalization	4,468	2,506	3,627	3,813	2,010	1,830	1,661	1,877	1,181	766	1,551	498	877	668	1,095
- Cash & Cash Equivalents	543	562	315	186	413	542	144	182	399	785	411	282	172	110	190
+ Preferred Equity and Hybrid Capital	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Minority/Non Controlling Interest	232	248	202	203	188	150	157	160	153	11	11	13	12	12	12
+ Total Debt	2,546	4,945	4,935	4,934	5,111	5,117	5,267	5,277	7,032	7,258	7,233	7,011	6,754	7,023	6,471
Enterprise Value	6,703	7,137	8,450	8,764	6,896	6,555	6,941	7,133	7,967	7,250	8,384	7,240	7,472	7,593	7,387
Total Capital	-1,150	1,082	978	968	1,034	1,145	646	440	1,840	1,334	875	559	-9	79	-453
Total Debt/Capital (%)	-221.31	456.92	504.62	509.55	494.48	447.01	815.07	1,198.19	382.26	544.13	826.56	1,253.98	-73,706.59	8,878.15	-1,429.12
Total Debt / EV	0.38	0.69	0.58	0.56	0.74	0.78	0.76	0.74	0.88	1	0.86	0.97	0.9	0.92	0.88
EV/Sales	2.23	2.42	2.87	2.96	2.46	2.45	2.68	2.62	2.97	3.91	4.74	5.24	5.21	5.04	4.61
EV/EBITDA	9.03	10.14	11.96	12.66	10.47	6.67	12.34	12.33	13.91	26.1	15.25	12.66	15.72	14.64	15.21
EV/EBIT	21.59	23.43	27.86	30.65	24.41	10.25	29.36	27.48	30.86	- -	47.17	25.99	34.46	27.2	23.78
EV/Cash Flow to Firm	10.14	12.33	6.42	8.16	4.63	11.7	18.52	10.99	10.78	38.02	45.75	77.18	19.78	16.76	13.93
EV/Free Cash Flow to Firm	7.04	8.35	5.55	6.71	4.04	8.3	11.59	8.29	8.11	23.03	25.31	77.18	19.78	16.76	13.93
Diluted Market Cap	4,474	2,506	3,627	3,813	2,010	1,830	1,661	1,877	1,181	766	1,551	498	877	668	1,095
Diluted Enterprise Value	6,710	7,137	8,450	8,764	6,896	6,555	6,941	7,133	7,967	7,250	8,384	7,240	7,472	7,593	7,387
EV per Share	18.83	20	23.62	24.34	19.18	18.09	19.22	19.72	19.29	15.61	17.89	15.26	15.51	15.57	14.91
TTM Sales	3,004	2,947	2,946	2,961	2,806	2,680	2,589	2,722	2,684	1,855	1,769	1,382	1,434	1,505	1,604
TTM EBITDA	743	704	706	692	658	983	562	579	573	278	550	572	475	519	486
TTM Operating Income	311	305	303	286	282	639	236	260	258	-142	178	279	217	279	311
TTM Cash Flow to Firm	661	579	1,316	1,074	1,490	560	375	649	739	191	183	94	378	453	530
TTM Free Cash Flow to Firm	952	854	1,523	1,305	1,708	790	599	860	983	315	331	94	378	453	530

Multiples (USD)

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	2011 Y	2012 Y	2013 Y	2014 Y	2015 Y	2016 Y	2017 Y	2018 Y	2019 Y	2020 Y	2021 Y	2022 Y	2023 Y	2024 Y	2025 Y
As of date	12/31/2011	12/31/2012	12/31/2013	12/31/2014	12/31/2015	12/31/2016	12/31/2017	12/31/2018	12/31/2019	12/31/2020	12/31/2021	12/31/2022	12/31/2023	12/31/2024	12/31/2025

Price/Free Cash Flow	5.54	3.97	5.84	6.58	3.89	3.4	4.32	4.71	2.58	-56.17	106.86	3.56	28.05	8.38	9.53
EV/EBIT	21.59	23.43	27.86	30.65	24.41	10.25	29.36	27.48	30.86	- -	47.17	25.99	34.46	27.2	23.78
Enterprise Value	6,703	7,137	8,450	8,764	6,896	6,555	6,941	7,133	7,967	7,250	8,384	7,240	7,472	7,593	7,387
Low Price	8.66	4.48	6.84	6.22	4.65	2.97	3.35	4.22	2.06	0.36	1.4	0.91	0.99	1.29	0.81
EV/Sales	2.23	2.42	2.87	2.96	2.46	2.45	2.68	2.62	2.97	3.91	4.74	5.24	5.21	5.04	4.61
EV/EBITDA	9.03	10.14	11.96	12.66	10.47	6.67	12.34	12.33	13.91	26.1	15.25	12.66	15.72	14.64	15.21
Price/Earnings	104.04	- -	- -	- -	- -	13.55	- -	- -	- -	- -	- -	- -	- -	- -	54.91
Price/Earnings Average	104.5	-14.93	-59.28	-308.49	-33.08	14.96	-2.61	-8.25	-4.57	-1.07	-2.68	-10.11	-2.18	-4.26	34.25
Price/Earnings High	128.25	-29	-78.89	-402.9	-43.75	19.61	-3.56	-10.58	-6.56	-2.47	-4	-20.13	-3.32	-5.6	56.15
Price/Earnings Low	71.79	-8.73	-50.48	-233.55	-17.42	7.97	-1.88	-7	-2.34	-0.29	-1.51	-4.45	-1.53	-3.51	20.16
Price/Book Value	-1.14	-0.61	-0.87	-0.91	-0.47	-0.44	-0.35	-0.38	-0.22	-0.13	-0.24	-0.08	-0.13	-0.1	-0.16
Price/Book Value Average	-1.14	-0.67	-0.69	-0.71	-0.74	-0.49	-0.35	-0.36	-0.31	-0.11	-0.18	-0.15	-0.1	-0.11	-0.1
Price/Book Value High	-1.4	-1.29	-0.92	-0.93	-0.98	-0.64	-0.48	-0.46	-0.45	-0.24	-0.27	-0.3	-0.15	-0.14	-0.16
Price/Book Value Low	-0.78	-0.39	-0.59	-0.54	-0.39	-0.26	-0.25	-0.31	-0.16	-0.03	-0.1	-0.07	-0.07	-0.09	-0.06
Price/Tangible Book Value	28.21	-1.23	-1.61	-1.56	-0.76	-0.63	-0.43	-0.47	-0.29	-0.17	-0.32	-0.1	-0.18	-0.13	-0.24
Price/Tangible Book Value Average	28.33	-1.34	-1.28	-1.21	-1.2	-0.7	-0.44	-0.45	-0.41	-0.14	-0.24	-0.2	-0.14	-0.15	-0.15
Price/Tangible Book Value High	34.77	-2.6	-1.7	-1.59	-1.59	-0.92	-0.6	-0.57	-0.59	-0.31	-0.36	-0.4	-0.21	-0.2	-0.24
Price/Tangible Book Value Low	19.47	-0.78	-1.09	-0.92	-0.63	-0.37	-0.32	-0.38	-0.21	-0.04	-0.13	-0.09	-0.1	-0.13	-0.09
Price/Sales	1.49	0.85	1.23	1.29	0.72	0.68	0.64	0.69	0.44	0.41	0.88	0.36	0.61	0.44	0.68
Price/Sales Average	1.49	0.93	0.98	1	1.13	0.75	0.65	0.66	0.62	0.34	0.66	0.71	0.47	0.51	0.43
Price/Sales High	1.83	1.8	1.3	1.3	1.5	0.99	0.89	0.85	0.89	0.78	0.98	1.41	0.72	0.67	0.7
Price/Sales Low	1.03	0.54	0.83	0.76	0.6	0.4	0.47	0.56	0.32	0.09	0.37	0.31	0.33	0.42	0.25
Price/Cash Flow	8.64	7.06	8.75	10.94	6.72	5.93	10.38	10.02	5.51	-5.56	-11.62	3.56	28.05	8.38	9.53
Price/Cash Flow Average	8.68	7.7	6.93	8.49	10.62	6.55	10.51	9.61	7.73	-4.53	-8.71	6.97	21.66	9.58	5.95
Price/Cash Flow High	10.65	14.95	9.22	11.09	14.05	8.58	14.33	12.32	11.11	-10.45	-12.98	13.89	32.98	12.6	9.75
Price/Cash Flow Low	5.96	4.5	5.9	6.43	5.59	3.49	7.56	8.16	3.97	-1.22	-4.91	3.07	15.26	7.89	3.5
Price/Free Cash Flow Average	5.56	4.33	4.63	5.1	6.14	3.75	4.38	4.52	3.62	-45.77	80.14	6.97	21.66	9.58	5.95
Price/Free Cash Flow High	6.82	8.42	6.16	6.67	8.12	4.92	5.97	5.79	5.2	-105.53	119.46	13.89	32.98	12.6	9.75
Price/Free Cash Flow Low	3.82	2.54	3.94	3.86	3.23	2	3.15	3.84	1.86	-12.34	45.2	3.07	15.26	7.89	3.5
EV/Sales Average	2.24	2.5	2.61	2.67	2.87	2.52	2.69	2.59	3.15	3.83	4.52	5.59	5.07	5.11	4.35
EV/Sales High	2.58	3.37	2.93	2.98	3.24	2.75	2.93	2.78	3.42	4.27	4.84	6.29	5.32	5.27	4.62
EV/Sales Low	1.77	2.11	2.47	2.43	2.34	2.16	2.51	2.49	2.85	3.59	4.23	5.19	4.93	5.02	4.17
EV/EBITDA Average	9.05	10.46	10.89	11.43	12.24	6.86	12.38	12.2	14.74	25.59	14.54	13.5	15.3	14.82	14.37
EV/EBITDA High	10.43	14.12	12.24	12.73	13.8	7.5	13.47	13.07	16.01	28.52	15.58	15.19	16.05	15.28	15.26
EV/EBITDA Low	7.16	8.85	10.29	10.39	9.96	5.9	11.54	11.73	13.33	23.94	13.62	12.54	14.88	14.56	13.79
EV/EBIT Average	21.65	24.18	25.37	27.66	28.53	10.55	29.45	27.18	32.71	-50.05	44.99	27.71	33.54	27.54	22.46
EV/EBIT High	24.93	32.63	28.51	30.82	32.16	11.54	32.03	29.14	35.51	-55.79	48.19	31.19	35.17	28.4	23.86
EV/EBIT Low	17.13	20.45	23.97	25.15	23.21	9.08	27.45	26.13	29.58	-46.84	42.13	25.75	32.62	27.06	21.55
Last Price	12.55	7.02	10.14	10.59	5.59	5.05	4.6	5.19	2.86	1.65	3.31	1.05	1.82	1.37	2.21
High Price	15.47	14.88	10.69	10.73	11.68	7.31	6.35	6.38	5.77	3.1	3.7	4.1	2.14	2.06	2.26
Enterprise Value Average	6,723	7,365	7,696	7,910	8,061	6,745	6,962	7,055	8,445	7,108	7,996	7,718	7,272	7,689	6,975
Enterprise Value High	7,743	9,941	8,646	8,815	9,085	7,373	7,574	7,563	9,169	7,923	8,566	8,687	7,626	7,929	7,412
Enterprise Value Low	5,318	6,230	7,269	7,191	6,558	5,801	6,489	6,784	7,637	6,652	7,489	7,172	7,072	7,554	6,694

Shares Outstanding	356	357	359	360	361	362	364	365	466	467	471	476	483	489	497
Diluted Weighted Avg Shares	357	357	358	360	360	362	361	362	413	465	468	474	482	488	495
Basic Weighted Avg Shares	356	357	358	360	360	362	361	362	413	465	468	474	482	488	495
Revenue per Share	8.44	8.26	8.24	8.22	7.81	7.4	7.17	7.52	6.5	3.99	3.78	2.91	2.98	3.09	3.24
EBITDA per Share	2.09	1.97	1.98	1.92	1.83	2.71	1.56	1.6	1.39	0.6	1.17	1.21	0.99	1.06	0.98
Operating Income per Share	0.87	0.85	0.85	0.79	0.79	1.76	0.65	0.72	0.63	-0.31	0.38	0.59	0.45	0.57	0.63
Basic EPS, GAAP	0.12	-0.51	-0.14	-0.03	-0.27	0.37	-1.78	-0.6	-0.88	-1.25	-0.93	-0.2	-0.65	-0.37	0.04
Basic EPS from Cont Ops	0.18	-0.45	-0.07	0.05	-0.2	0.44	-1.73	-0.56	-0.88	-1.29	-0.76	0.02	-0.33	-0.25	-0.21
Diluted EPS, GAAP	0.12	-0.51	-0.14	-0.03	-0.27	0.37	-1.78	-0.6	-0.88	-1.25	-0.93	-0.2	-0.65	-0.37	0.04
Diluted EPS from Cont Ops	0.18	-0.45	-0.07	0.05	-0.2	0.44	-1.73	-0.56	-0.88	-1.29	-0.76	0.02	-0.33	-0.25	-0.21
Dividend per Share	- -	6.08	0.56	0.49	- -	2.09	0.92	0.08	- -	- -	- -	- -	- -	- -	- -
Cash Flow per Share	1.45	1	1.16	0.97	0.83	0.85	0.44	0.52	0.52	-0.3	-0.28	0.3	0.06	0.16	0.23
Free Cash Flow per Basic Share	0.64	0.22	0.58	0.33	0.22	0.22	-0.18	-0.07	-0.07	-0.56	-0.6	0.3	0.06	0.16	0.23
Cash & Equivalents per Share	1.52	1.57	0.88	0.52	1.15	1.5	0.4	0.5	0.97	1.69	0.88	0.59	0.36	0.22	0.38
Book Value per Share	-11.03	-11.52	-11.63	-11.58	-11.86	-11.38	-13.23	-13.81	-12.94	-12.78	-13.59	-13.63	-14.07	-14.26	-14
Tangible Book Value per Share	0.44	-5.73	-6.28	-6.77	-7.35	-7.97	-10.59	-11.15	-9.81	-9.93	-10.42	-10.3	-10.08	-10.21	-9.4

Clear Channel Outdoor Holdings, Inc.

Profitability (USD)

Credit (USD)

Liquidity (USD)

Working Capital (USD)

Enterprise Value (USD)

Multiples (USD)

Per Share Data Items (USD)