OUTFRONT Media Inc. (OUT) Financials

EPS

Hollow marker is the consensus estimate; filled is the reported figure, colored by beat or miss.

Revenue

Outlined bar is the consensus estimate; solid is reported.

Results

Periods without a consensus estimate or a reported figure show a dash.

Period	EPS estimate	EPS actual	EPS surprise %	Revenue estimate	Revenue actual	Revenue surprise %
Q2 26	$0.37	$0.45	+21.6%	—	$522.5M	—
Q1 26	$0.07	$0.11	+57.1%	—	$429.6M	—
Q3 25	$0.25	$0.3	+20.0%	—	$467.5M	—
Q2 25	$0.24	$0.24	0.0%	—	—	—
Q1 25	-$0.07	-$0.12	-71.4%	—	—	—
Q4 24	$0.37	$0.39	+5.4%	—	—	—
Q3 24	$0.18	$0.22	+22.2%	—	—	—
Q2 24	$0.23	$0.23	0.0%	—	—	—
Q1 24	-$0.11	-$0.11	0.0%	—	—	—
Q4 23	$0.35	$0.29	-17.1%	—	—	—
Q3 23	$0.13	$0.09	-30.8%	—	—	—
Q2 23	$0.24	$0.19	-20.8%	—	$468.8M	—
Q1 23	-$0.12	-$0.19	-58.3%	—	$395.8M	—
Q4 22	$0.37	$0.34	-8.1%	—	$494.7M	—
Q3 22	$0.25	$0.23	-8.0%	—	$453.7M	—
Q2 22	$0.24	$0.28	+16.7%	—	$450.2M	—

EPS

Reported per-share earnings by fiscal year; the line turns dotted where reported figures end and the analyst consensus begins, with the shaded band marking the low–high range.

Revenue

Reported revenue by fiscal year; the line turns dotted where reported figures end and the analyst consensus begins, with the shaded band marking the low–high range.

Results

Periods without a consensus estimate or a reported figure show a dash.

Period	EPS estimate	EPS actual	EPS surprise %	Revenue estimate	Revenue actual	Revenue surprise %
FY25	—	$0.83	—	—	$1.8B	—
FY24	—	$1.58	—	—	$1.8B	—
FY23	—	-$2.73	—	—	$1.8B	—
FY22	—	$0.86	—	—	$1.8B

Total revenue

Reported revenue per period; the line is the change from the same period a year earlier, on its own left axis.

Period	FY16	FY17	FY18	FY19	FY20	FY21	FY22	FY23	FY24	FY25
Revenue	$1.5B	$1.5B	$1.6B	$1.8B	$1.2B	$1.5B	$1.8B	$1.8B	$1.8B	$1.8B
YoY change	+0.01%	+0.44%	+5.64%	+11%	-30.6%	+18.4%	+21.1%	+2.74%	+0.57%	+0.04%

Revenue and profits

Revenue, gross profit, operating income, and net income per period.

Condensed income statement

Click a row to chart it; unreported figures show a dash.

Period	FY16	FY17	FY18	FY19	FY20	FY21	FY22	FY23	FY24	FY25
Revenue	1.5B	1.5B	1.6B	1.8B	1.2B	1.5B	1.8B	1.8B	1.8B	1.8B
Cost of revenue	818.1M	835.2M	859.9M	958.6M	710.8M	784M	911.4M	968.3M	949M	918.5M
Gross profit	695.8M	685.3M	746.3M	823.6M	525.5M	679.9M	860.7M	852.3M	881.9M	913.2M
Gross margin	46%	45.1%	46.5%	46.2%	42.5%	46.4%	48.6%	46.8%	48.2%	49.9%
Research & development	—	—	—	—	—	—	—	—	—	—
Selling, general & administrative	264.8M	261.7M	330.2M	371.7M	315.1M	368.2M	422.1M	429.7M	447.9M	441.7M
Operating expenses	264.8M	261.7M	330.2M	371.7M	315.1M	368.2M	422.1M	429.7M	447.9M	441.7M
Operating income	206.8M	233.8M	274.3M	305.6M	64.6M	166.3M	287.9M	262.1M	282.5M	311.3M
Operating margin	13.7%	15.4%	17.1%	17.1%	5.23%	11.4%	16.2%	14.4%	15.4%	17%
Non-operating income, net	-2M	8.2M	-39.9M	-24.9M	8M	-4.3M	-400K	-528.3M	142.8M	-18.4M
Pretax income	91M	125.1M	108.7M	145.8M	-58.5M	31.6M	155.7M	-424.6M	269.1M	146.5M
Income tax	5.4M	4.1M	4.9M	10.9M	1.1M	-3.4M	9.4M	4M	11M	2M
Net income	90.9M	125.8M	107.9M	140.6M	-60.2M	36.4M	149.1M	-429.7M	258.7M	147M
Net margin	6%	8.27%	6.72%	7.89%	-4.87%	2.49%	8.41%	-23.6%	14.1%	8.03%
EBITDA	424.5M	415.7M	410M	452M	210.5M	311.7M	438.4M	422.9M	435M	471.5M
EPS	0.68	0.92	0.78	0.99	-0.57	0.05	0.86	-2.73	1.58	0.83
Diluted EPS	0.68	0.92	0.77	0.99	-0.57	0.05	0.86	-2.73	1.55	0.82

Revenue and profits

Revenue, gross profit, operating income, and net income per period.

Condensed income statement

Click a row to chart it; unreported figures show a dash.

Period	Q3 23	Q4 23	Q1 24	Q2 24	Q3 24	Q4 24	Q1 25	Q2 25	Q3 25	Q4 25	Q1 26	Q2 26
Revenue	—	—	—	—	—	—	—	—	467.5M	513.3M	429.6M	522.5M
Cost of revenue	—	—	—	—	—	—	—	—	230.7M	235M	227.5M	246.1M
Gross profit	215M	254.1M	169.8M	237.5M	218.8M	255.8M	169.4M	228.7M	236.8M	278.3M	202.1M	276.4M
Gross margin	—	—	—	—	—	—	—	—	50.7%	54.2%	47%	52.9%
Research & development	—	—	—	—	—	—	—	—	—	—	—	—
Selling, general & administrative	—	—	—	—	—	—	—	—	105.2M	111.2M	107.3M	123M
Operating expenses	—	—	—	—	—	—	—	—	105.2M	111.2M	107.3M	123M
Operating income	—	—	—	—	—	—	—	—	91.6M	128.6M	56.9M	116.4M
Operating margin	—	—	—	—	—	—	—	—	19.6%	25.1%	13.2%	22.3%
Non-operating income, net	—	—	—	—	—	—	—	—	-2.3M	4.9M	-1M	-1.7M
Pretax income	—	—	—	—	—	—	—	—	52.3M	96.6M	19.9M	78.5M
Income tax	—	—	—	—	—	—	—	—	1.2M	100K	400K	900K
Net income	—	—	—	—	—	—	—	—	51.4M	96.8M	19.3M	77.7M
Net margin	—	—	—	—	—	—	—	—	11%	18.9%	4.49%	14.9%
EBITDA	—	—	—	—	—	—	—	—	133.9M	143.8M	94.8M	153.4M
EPS	0.09	0.35	-0.18	1.08	0.2	0.45	-0.14	0.1	0.3	0.56	0.11	0.44
Diluted EPS	0.09	0.35	-0.18	1.03	0.19	0.44	-0.14	0.1	0.3	0.55	0.11	0.44

P/E

Annual history by fiscal year; click a table row below to chart a different metric.

Current values are trailing twelve months where available, otherwise the latest fiscal year; unreported figures show a dash.

Key stats

Metric	FY16	FY17	FY18	FY19	FY20	FY21	FY22	FY23	FY24	FY25	Current
Market cap	3.4B	3.2B	2.5B	3.8B	2.8B	3.9B	—	2.3B	2.9B	4B	4.9B
Enterprise value	5.5B	5.4B	4.8B	7.6B	6.2B	7.6B	—	6.6B	6.8B	8.1B	9B
Shares outstanding	134.6M	135.2M	136M	139.1M	140.8M	141.9M	157.2M	160.9M	158M	167.8M	167.8M

Valuation

Metric	FY16	FY17	FY18	FY19	FY20	FY21	FY22	FY23	FY24	FY25	Current
P/E	37.7	25.5	23.4	27.2	—	107.1	—	—	11.1	27.5	19.9
P/S	2.27	2.11	1.57	2.14	2.28	2.66	—	1.26	1.57	2.21	2.52
P/B	2.78	2.62	2.2	3.39	2.04	2.8	—	3.15	3.66	5.51	7.02
EV/EBITDA	13	13	11.7	16.9	29.7	24.4	—	15.6	15.7	17.1	18.2
EV/Sales	3.63	3.55	2.98	4.28	5.05	5.19	—	3.63	3.73	4.41	4.66
Earnings yield	2.65%	3.91%	4.27%	3.68%	—	0.93%	—	—	9.01%	3.64%	5.03%
FCF yield	6.64%	5.53%	4.7%	4.26%	1.9%	0.22%	—	7.27%	7.28%	4.93%	3.94%
PEG	—	—	—	—	—	—	—	—	—	—	0.06

Profitability

Metric	FY16	FY17	FY18	FY19	FY20	FY21	FY22	FY23	FY24	FY25	Current
Gross margin	46%	45.1%	46.5%	46.2%	42.5%	46.4%	48.6%	46.8%	48.2%	49.9%	52.9%
Operating margin	13.7%	15.4%	17.1%	17.1%	5.23%	11.4%	16.2%	14.4%	15.4%	17%	22.3%
Net margin	6%	8.27%	6.72%	7.89%	-4.87%	2.49%	8.41%	-23.6%	14.1%	8.03%	12.7%
ROE	7.37%	10.3%	9.42%	12.5%	-4.35%	2.62%	11.1%	-58.9%	33%	20%	35%
ROA	2.43%	3.3%	2.82%	2.61%	-1.02%	0.61%	2.49%	-7.7%	4.96%	2.77%	4.72%
ROIC	5.89%	6.64%	7.7%	5.73%	1.35%	3.27%	4.9%	5.21%	5.7%	6.44%	8.08%
Return on tangible assets	-5.94%	-7.82%	-7.68%	123%	-9.31%	6.75%	124%	-239.7%	-254.6%	196.5%	405.3%

Financial health

Metric	FY16	FY17	FY18	FY19	FY20	FY21	FY22	FY23	FY24	FY25	Current
Current ratio	1.5	1.26	1.07	0.67	1.82	1.53	0.71	0.67	0.74	0.92	0.67
Quick ratio	1.5	1.26	1.07	0.67	1.82	1.53	0.71	0.67	0.74	0.92	0.67
Debt / equity	1.73	1.81	2.02	3.44	2.98	2.96	3.12	5.94	5.12	5.63	5.74
Debt / assets	0.57	0.58	0.6	0.72	0.7	0.69	0.7	0.78	0.77	0.78	0.78
Net debt / EBITDA	4.88	5.24	5.5	8.43	16.2	11.8	9.52	10.2	9.12	8.55	7.8
Interest coverage	1.85	2.11	1.91	2.08	0.55	1.24	2.18	-1.68	2.72	2	2
Effective tax rate	5.93%	3.28%	4.51%	7.48%	0%	0%	6.04%	0%	4.09%	1.37%	1.05%

Per share

Metric	FY16	FY17	FY18	FY19	FY20	FY21	FY22	FY23	FY24	FY25	Current
Revenue per share	11.2	11.2	11.8	12.8	8.78	10.3	11.3	11.3	11.6	10.9	11.2
EPS (basic)	0.68	0.92	0.78	0.99	-0.57	0.05	0.86	-2.73	1.58	0.83	0.83
EPS (diluted)	0.68	0.92	0.77	0.99	-0.57	0.05	0.86	-2.73	1.55	0.82	1.39
Book value per share	9.16	9.07	8.42	8.1	9.82	9.8	8.58	4.54	4.96	4.37	3.94
FCF per share	1.69	1.31	0.87	1.17	0.38	0.06	1	1.04	1.32	1.19	1.64
Cash per share	0.48	0.36	0.39	0.42	5.04	2.99	0.26	0.22	0.3	0.6	0.18
Capex per share	—	—	—	—	—	—	—	—	—	0.53	0.49

Capital allocation

Metric	FY16	FY17	FY18	FY19	FY20	FY21	FY22	FY23	FY24	FY25	Current
Capex / revenue	—	—	—	—	—	—	—	—	—	4.85%	4.51%
Capex / operating cash flow	—	—	—	—	—	—	—	—	—	28.9%	22.3%
Payout ratio	207.5%	160.4%	189%	148%	-124.8%	158%	138%	-48.2%	80.6%	143.1%	86.3%
Dividend yield	5.5%	6.28%	8.08%	5.44%	2.66%	1.47%	—	8.99%	7.26%	5.2%	4.73%

Yield

4.73%

trailing twelve months

Frequency

Quarterly

Last dividend

$0.33

ex-dividend Sep 4, 2026

Payout ratio

86%

of earnings

Dividend growth

0 years

consecutive annual raises

Dividend per share

Split-adjusted payout per share by ex-dividend date.

Recent payouts

Ex-dividend	Amount
Sep 4, 2026	$0.33
Jun 5, 2026	$0.30
Mar 6, 2026	$0.30
Dec 5, 2025	$0.30
Sep 5, 2025	$0.30
Jun 6, 2025	$0.30

Period	Q3 23	Q4 23	Q1 24	Q2 24	Q3 24	Q4 24	Q1 25	Q2 25	Q3 25	Q4 25	Q1 26	Q2 26
Revenue	—	—	—	—	—	—	—	—	$467.5M	$513.3M	$429.6M	$522.5M
YoY change	—	—	—	—	—	—	—	—	—	—	—	—

Assets vs. liabilities & equity

What the company owns (left stack) against what it owes plus shareholders' equity (right stack). The two stacks should match — that's the balance.

Condensed balance sheet

Click a row to chart it; unreported figures show a dash.

Period	FY16	FY17	FY18	FY19	FY20	FY21	FY22	FY23	FY24	FY25
Cash & short-term investments	65.2M	48.3M	52.7M	59.1M	710.4M	424.8M	40.4M	36M	46.9M	99.9M
Receivables	222M	231.1M	264.9M	290M	209.2M	310.5M	315.5M	287.6M	305.3M	365.7M
Inventory	—	—	—	—	—	—	—	—	—	—
Total current assets	378.2M	376M	429.5M	435.8M	974.7M	777.3M	390.4M	397.6M	385.8M	503.7M
Property, plant & equipment	616.8M	610.8M	604.2M	2.1B	2B	2.4B	2.6B	2.2B	2.1B	2.1B
Goodwill & intangibles	5.3B	5.4B	5.2B	5.3B	5.3B	5.4B	5.9B	5.4B	5.3B	5.2B
Total assets	3.7B	3.8B	3.8B	5.4B	5.9B	5.9B	6B	5.6B	5.2B	5.3B
Accounts payable	85.6M	56.1M	56.5M	67.9M	64.9M	64.9M	65.4M	55.5M	51.4M	50.2M
Short-term debt	—	80M	160M	363.3M	256.5M	187.5M	218.1M	245.9M	178.7M	172.9M
Total current liabilities	251.5M	299.6M	402.6M	650M	534.9M	507.7M	551.6M	593M	520.8M	545.3M
Long-term debt	2.1B	2.1B	2.1B	3.5B	3.9B	3.9B	4B	4.1B	3.8B	4B
Total liabilities	2.5B	2.6B	2.7B	4.3B	4.5B	4.5B	4.6B	4.9B	4.4B	4.6B
Shareholders' equity	1.2B	1.2B	1.1B	1.1B	1.4B	1.4B	1.3B	730.1M	784M	733.9M
Total debt	2.1B	2.2B	2.3B	3.9B	4.1B	4.1B	4.2B	4.3B	4B	4.1B
Net debt	2.1B	2.2B	2.3B	3.8B	3.4B	3.7B	4.2B	4.3B	4B	4B

Assets vs. liabilities & equity

What the company owns (left stack) against what it owes plus shareholders' equity (right stack). The two stacks should match — that's the balance.

Condensed balance sheet

Click a row to chart it; unreported figures show a dash.

Period	Q3 23	Q4 23	Q1 24	Q2 24	Q3 24	Q4 24	Q1 25	Q2 25	Q3 25	Q4 25	Q1 26	Q2 26
Cash & short-term investments	44.4M	36M	42.4M	49.6M	28M	46.9M	30.5M	28.5M	63M	99.9M	67.2M	31.2M
Receivables	296.4M	287.6M	251.7M	274.5M	281.2M	305.3M	258.5M	299.6M	306.3M	365.7M	294.3M	352.3M
Inventory	—	—	—	—	—	—	—	—	—	—	—	—
Total current assets	381M	397.6M	359.4M	353M	343.9M	385.8M	321.3M	355.1M	404.9M	503.7M	401.5M	415.3M
Property, plant & equipment	2.3B	2.2B	2.2B	2.2B	2.1B	2.1B	2.1B	2.1B	2.1B	2.1B	2.1B	2.2B
Goodwill & intangibles	5.6B	5.4B	5.4B	5.3B	5.3B	5.3B	5.3B	5.3B	5.3B	5.2B	5.2B	5.2B
Total assets	5.6B	5.6B	5.5B	5.3B	5.2B	5.2B	5.1B	5.1B	5.2B	5.3B	5.2B	5.3B
Accounts payable	50.1M	55.5M	54.4M	43.1M	42.8M	51.4M	42.4M	40.6M	39.3M	50.2M	33.3M	36M
Short-term debt	354.6M	245.9M	305.6M	211.7M	217M	178.7M	227.4M	248.6M	179M	172.9M	179.5M	278.7M
Total current liabilities	657M	593M	622.2M	524.5M	527.2M	520.8M	529.8M	580.5M	510.7M	545.3M	492.2M	619.8M
Long-term debt	4.1B	4.1B	4.1B	3.9B	3.8B	3.8B	3.8B	3.8B	3.9B	4B	4B	3.9B
Total liabilities	4.8B	4.9B	4.9B	4.5B	4.5B	4.4B	4.4B	4.5B	4.5B	4.6B	4.5B	4.5B
Shareholders' equity	713.7M	730.1M	647.2M	788.3M	753.1M	784M	705.7M	679.8M	683.5M	733.9M	689.2M	720.4M
Total debt	4.4B	4.3B	4.4B	4.1B	4.1B	4B	4B	4.1B	4.1B	4.1B	4.2B	4.1B
Net debt	4.4B	4.3B	4.3B	4B	4B	4B	4B	4B	4.1B	4B	4.1B	4.1B

Cash generation and uses

Cash from operations, what's left after capex, and what went back to shareholders. Bars below the line are cash going out.

Condensed cash flow statement

Click a row to chart it; unreported figures show a dash.

Period	FY16	FY17	FY18	FY19	FY20	FY21	FY22	FY23	FY24	FY25
Net income	90.9M	125.8M	107.9M	140.1M	-61M	35.6M	147.9M	-430.4M	258.2M	147M
Depreciation & amortization	224.2M	189.8M	141.8M	146.3M	145.8M	145.4M	150.7M	160.5M	151.5M	160.2M
Stock-based compensation	18M	20.5M	20.2M	22.3M	23.8M	28.6M	33.8M	28.4M	30.8M	30M
Change in working capital	-11.4M	-7.3M	-50.1M	-21M	76.9M	-95M	-20M	2.8M	-9.9M	-42.4M
Operating cash flow	291.7M	293.1M	227.5M	298.8M	192.7M	120.5M	327.6M	-228.3M	438.9M	307.6M
Capital expenditure	—	—	—	—	—	—	—	—	—	-88.8M
Investing cash flow	113.3M	-58M	13.1M	-56.6M	63.9M	-133.7M	-352.9M	-21.3M	-20M	-100.4M
Dividends paid	-188.6M	-201.8M	-203.9M	-208.1M	-75.1M	-57.5M	-205.8M	-207M	-208.4M	-210.3M
Share repurchases	—	—	—	—	—	—	—	—	—	—
Financing cash flow	-321.5M	-302.7M	-282.7M	-564.3M	443M	-242.2M	-188M	-236.5M	-695.4M	-240.9M
Net change in cash	83.5M	-67.6M	-42.1M	-322.1M	699.6M	-255.4M	-213.3M	-486.1M	-276.5M	-33.7M
Free cash flow	227.7M	177.6M	118.7M	163M	53.5M	8.5M	157.5M	167.4M	209.1M	199.2M

Cash generation and uses

Cash from operations, what's left after capex, and what went back to shareholders. Bars below the line are cash going out.

Condensed cash flow statement

Click a row to chart it; unreported figures show a dash.

Period	Q3 23	Q4 23	Q1 24	Q2 24	Q3 24	Q4 24	Q1 25	Q2 25	Q3 25	Q4 25	Q1 26	Q2 26
Net income	22.2M	60.4M	-27.2M	176.8M	34.6M	74M	-20.6M	19.5M	51.3M	96.8M	19.1M	77.5M
Depreciation & amortization	39M	38.4M	36.1M	35.7M	37.3M	42.4M	40.7M	41M	40M	38.5M	37.9M	37M
Stock-based compensation	7.2M	5.5M	7.2M	7.6M	7M	9M	9.5M	8.2M	5.6M	6.7M	5.6M	6.9M
Change in working capital	-3.6M	-31.4M	52.5M	-16.9M	-12.1M	-33.4M	68.9M	-43M	6M	-55.6M	67.5M	-52.5M
Operating cash flow	66.5M	75.9M	72.1M	203.4M	69.2M	94.2M	100.6M	67.1M	88.8M	118.1M	75.3M	108.4M
Capital expenditure	—	—	—	—	—	—	—	-25.7M	-21.1M	-24.8M	-24.1M	-17.2M
Investing cash flow	-3.2M	9.1M	-600K	302.4M	-4.2M	-317.6M	-3.5M	-28.3M	-22.8M	-28.6M	-36.2M	-31.7M
Dividends paid	-51.7M	-51.6M	-52.4M	-52M	-52M	-52M	-53M	-52.3M	-52.4M	-52.6M	-53.4M	-52.9M
Share repurchases	—	—	—	—	—	—	—	—	—	—	—	—
Financing cash flow	-37.2M	-149.6M	-14.8M	-462.3M	-95.9M	-122.4M	-35.3M	-52.3M	-98.5M	-54.8M	-70M	-609.6M
Net change in cash	26.1M	-64.6M	56.7M	43.5M	-30.9M	-345.8M	61.8M	-13.5M	-32.5M	34.7M	-30.9M	-532.9M
Free cash flow	42.8M	81.8M	12.2M	47.1M	48.5M	101.3M	12.4M	32.9M	64.7M	89.2M	49.4M	88.1M

OUTFRONT Media Inc. Financials

EPS

Revenue

Results

EPS

Revenue

Results

Total revenue

Total revenue

Revenue and profits

Condensed income statement

Revenue and profits

Condensed income statement

P/E

Key stats

Valuation

Profitability

Financial health

Per share

Capital allocation

Dividend per share

Recent payouts

Assets vs. liabilities & equity

Condensed balance sheet

Assets vs. liabilities & equity

Condensed balance sheet

Cash generation and uses

Condensed cash flow statement

Cash generation and uses

Condensed cash flow statement

Split history