I Heart Media, Inc. - Understand $ihrt stock

$IHRT Market Cap: $290.6 Million

Research Board Inbox Deep Research Not Interested Shortlisted

Financial Snapshot

Revenue

$3.803B

TTM

Gross Margin

59.17%

TTM

Net Earnings

-$1.028B

TTM

Current Assets

$1.508B

Q3 2024

Current Liabilities

$780.3M

Q3 2024

Current Ratio

193.26%

Q3 2024

Total Assets

$5.779B

Q3 2024

Total Liabilities

$6.194B

Q3 2024

Book Value

-$415.2M

Q3 2024

Cash

$431.8M

Q3 2024

P/E

-0.2826

Nov 29, 2024 EST

Free Cash Flow

$139.9M

TTM

Revenues

Revenue YoY Change

Revenues

Concept	2023	2022	2021	2020	2019	2018	2017	2016	2015	2014	2013	2012	2011	2010	2009	2008	2007	2006	2005
Revenue	$3.751B	$3.912B	$3.558B	$2.948B	$3.684B	$3.611B	$3.587B	$6.251B	$6.242B	$6.319B	$6.243B	$6.247B	$6.161B	$5.866B	$5.552B	$6.689B	$6.921B	$6.568B	$6.127B
YoY Change	-4.12%	9.95%	20.69%	-19.96%	2.0%	0.69%	-42.62%	0.15%	-1.22%	1.21%	-0.06%	1.39%	5.04%	5.65%	-17.0%	-3.36%	5.38%	7.2%	-0.1%

Expenses

Cost Of Revenues

Gross Profit

Gross Profit Margin

Gross Profit

Concept	2023	2022	2021	2020	2019	2018	2017	2016	2015	2014	2013	2012	2011	2010	2009	2008	2007	2006	2005
Revenue	$3.751B	$3.912B	$3.558B	$2.948B	$3.684B	$3.611B	$3.587B	$6.251B	$6.242B	$6.319B	$6.243B	$6.247B	$6.161B	$5.866B	$5.552B	$6.689B	$6.921B	$6.568B	$6.127B
Cost Of Revenue	$1.494B	$1.480B	$1.325B	$1.163B	$1.167B	$1.062B	$1.059B	$2.395B	$2.471B	$2.534B	$2.554B	$2.498B	$2.505B	$2.382B	$2.530B	$2.904B	$2.733B	$2.532B	$2.352B
Gross Profit	$2.257B	$2.432B	$2.234B	$1.785B	$2.516B	$2.549B	$2.528B	$3.856B	$3.770B	$3.784B	$3.689B	$3.749B	$3.657B	$3.484B	$3.023B	$3.784B	$4.188B	$4.035B	$3.775B
Gross Profit Margin	60.16%	62.16%	62.77%	60.55%	68.32%	70.58%	70.47%	61.69%	60.41%	59.89%	59.09%	60.01%	59.35%	59.4%	54.44%	56.58%	60.51%	61.44%	61.61%

Selling, General & Admin Expense

Research & Development

Depreciation, Depletion & Amortization

SGA Expense to Gross Profit Ratio

R&D To Gross Profit Ratio

DDA To Gross Profit Ratio

Operating Expenses Total

Operating Profits/Loss

Operational Expenses

Concept	2023	2022	2021	2020	2019	2018	2017	2016	2015	2014	2013	2012	2011	2010	2009	2008	2007	2006	2005
Selling, General & Admin	$1.656B	$1.593B	$1.519B	$1.395B	$1.608B	$1.350B	$1.346B	$1.726B	$1.704B	$1.681B	$1.637B	$1.660B	$1.844B	$1.570B	$1.774B	$2.057B	$1.943B	$1.905B	$1.818B
YoY Change	3.97%	4.84%	8.91%	-13.23%	19.08%	0.3%	-22.02%	1.28%	1.39%	2.7%	-1.42%	-9.96%	17.43%	-11.51%	-13.75%	5.86%	2.0%	4.78%	0.6%
% of Gross Profit	73.39%	65.5%	68.02%	78.15%	63.89%	52.97%	53.26%	44.76%	45.2%	44.42%	44.37%	44.29%	50.42%	45.07%	58.71%	54.36%	46.4%	47.22%	48.17%
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization	$428.5M	$445.7M	$469.4M	$402.9M	$302.5M	$212.0M	$275.3M	$635.2M	$674.0M	$710.9M	$730.8M	$729.3M	$763.3M	$732.9M	$765.4M	$696.9M	$566.6M	$600.3M	$593.5M
YoY Change	-3.86%	-5.06%	16.5%	33.2%	42.72%	-23.01%	-56.66%	-5.75%	-5.19%	-2.73%	0.21%	-4.46%	4.15%	-4.25%	9.83%	23.0%	-5.61%	1.15%	0.3%
% of Gross Profit	18.99%	18.33%	21.02%	22.57%	12.02%	8.32%	10.89%	16.47%	17.88%	18.79%	19.81%	19.46%	20.87%	21.04%	25.32%	18.42%	13.53%	14.88%	15.72%
Operating Expenses	$3.054B	$2.962B	$2.747B	$2.410B	$1.918B	$1.350B	$1.346B	$1.726B	$1.704B	$1.681B	$1.637B	$1.660B	$2.595B	$1.570B	$2.591B	$2.726B	$2.496B	$2.434B	$2.362B
YoY Change	3.12%	7.82%	14.01%	25.61%	42.08%	0.3%	-22.02%	1.28%	1.39%	2.7%	-1.42%	-36.01%	65.23%	-39.39%	-4.97%	9.22%	2.54%	3.05%	0.25%
Operating Profit	-$797.3M	$56.86M	$154.9M	-$1.738B	$598.1M	$690.1M	$700.8M	$1.499B	$1.149B	$1.082B	$1.001B	$1.070B	$1.055B	$864.8M	$431.9M	$1.058B	$1.692B	$1.601B	$1.413B
YoY Change	-1502.24%	-63.28%	-108.91%	-390.52%	-13.34%	-1.52%	-53.25%	30.44%	6.26%	8.07%	-6.47%	1.45%	21.96%	100.24%	-59.18%	-37.48%	5.69%	13.34%	-9.44%

Interest Expenses

Interest Expenses To Operating Income %

Other Expense/Income

Interest & Other Expense/Income

Concept	2023	2022	2021	2020	2019	2018	2017	2016	2015	2014	2013	2012	2011	2010	2009	2008	2007	2006	2005
Interest Expense	-$389.8M	-$341.7M	-$332.4M	-$343.7M	-$297.8M	$722.9M	$1.864B	$1.850B	$1.805B	$1.742B	$1.649B	$1.549B	$1.466B	$1.533B	-$1.550B	-$882.0M	-$403.2M	-$452.0M	-$405.8M
YoY Change	14.08%	2.79%	-3.31%	15.43%	-141.19%	-61.22%	0.76%	2.47%	3.67%	5.59%	6.48%	5.65%	-4.38%	-198.91%	75.76%	118.75%	-10.8%	11.38%	35.72%
% of Operating Profit		-600.9%	-214.64%		-49.79%	104.75%	266.01%	123.42%	157.1%	161.02%	164.82%	144.76%	139.02%	177.3%	-358.93%	-83.36%	-23.83%	-28.23%	-28.72%
Other Income/Expense, Net	-$655.0K	-$2.295M	-$14.98M	-$7.751M	-$18.20M	-$23.01M	-$43.85M	-$86.01M	$13.06M	$9.104M	-$21.98M	$250.0K	-$3.169M	-$13.83M	-$18.00M	$2.400M	-$1.400M	-$500.0K	$11.00M
YoY Change	-71.46%	-84.68%	93.21%	-57.41%	-20.89%	-47.53%	-49.02%	-758.77%	43.41%	-141.42%	-8892.0%	-107.89%	-77.09%	-23.14%	-850.0%	-271.43%	180.0%	-104.55%	-135.95%

Income/Loss

Pretax Income

Income Tax

Net Profits/Loss

Pretax Income YoY Change

Income Tax Rate

Net Profits/Loss YoY Change

Basic EPS

Net Income To Revenue Ratio

Pretax & Net Income

Concept	2023	2022	2021	2020	2019	2018	2017	2016	2015	2014	2013	2012	2011	2010	2009	2008	2007	2006	2005
Pretax Income	-$1.163B	-$258.0M	-$150.0M	-$2.099B	$9.653B	-$24.14M	-$833.2M	-$296.2M	-$650.7M	-$703.7M	-$705.3M	-$719.5M	-$394.0M	-$622.8M	-$4.542B	-$5.151B	$1.281B	$1.141B	$1.018B
YoY Change	350.74%	71.97%	-92.85%	-121.74%	-40092.13%	-97.1%	181.29%	-54.48%	-7.53%	-0.24%	-1.96%	82.6%	-36.74%	-86.29%	-11.82%	-502.15%	12.24%	12.1%	-17.26%
Income Tax	-$62.34M	$4.719M	$8.391M	-$183.6M	$39.10M	$13.84M	-$177.2M	-$49.63M	$86.96M	$58.49M	-$121.8M	-$308.3M	-$126.0M	-$160.0M	-$493.3M	-$524.0M	$441.1M	$470.4M	$403.0M
% Of Pretax Income					0.41%												34.44%	41.22%	39.59%
Net Earnings	-$1.103B	-$264.7M	-$159.2M	-$1.915B	$11.30B	-$201.9M	-$398.1M	-$302.1M	-$754.8M	-$793.8M	-$606.9M	-$424.5M	-$302.1M	-$479.1M	-$4.034B	-$4.006B	$938.5M	$691.5M	$935.7M
YoY Change	316.63%	66.25%	-91.69%	-116.95%	-5694.92%	-49.28%	31.78%	-59.98%	-4.91%	30.79%	42.97%	40.51%	-36.94%	-88.12%	0.71%	-526.8%	35.72%	-26.1%	-123.17%
Net Earnings / Revenue	-29.4%	-6.76%	-4.47%	-64.94%	306.68%	-5.59%	-11.1%	-4.83%	-12.09%	-12.56%	-9.72%	-6.8%	-4.9%	-8.17%	-72.66%	-59.88%	13.56%	10.53%	15.27%
Basic Earnings Per Share	-$7.39	-$1.79	-$1.09	-$13.12		-$2.36	-$4.68	-$3.57	-$8.96	-$9.46	-$7.31	-$5.23	-$3.70	-$5.94
Diluted Earnings Per Share	-$7.39	-$1.79	-$1.09	-$13.12	$174.9M	-$2.36	-$4.68	-$3.57	-$8.96	-$9.46	-$7.31	-$5.23	-$3.70	-$5.94	-$49.62M	-$49.33M	$1.893M	$1.379M	$1.708M

Assets & Liabilities

Cash & Short-Term Investments

Cash & Equivalents

Cash To Operating Expenses Ratio

Inventory

Receivables

Total Short-Term Assets

Property, Plant And Equipment

Long-Term Investments

Total Long-Term Assets

Total Assets

Net Income To Total Assets Percentage

Accounts Payable

Short-Term Debt

Long Term Debt Due

Total Short-Term Liabilities

Long-Term Debt

Other Long-Term Liabilities

Total Long-Term Liabilities

Total Liabilities

Short-Term To Long-Term Debt Ratio

Short-Term Assets To Debt Ratio

Long-Term Debt To Net Income Ratio

Assets & Liabilities

Concept	2023	2022	2021	2020	2019	2018	2017	2016	2015	2014	2013	2012	2011	2010	2009	2008	2007
Cash & Short-Term Investments	$346.4M	$336.2M	$352.1M	$721.0M	$400.0M	$224.0M	$267.0M	$845.0M	$773.0M	$457.0M	$708.0M	$1.225B	$1.229B	$1.921B	$1.884B	$240.0M	$145.0M
YoY Change	3.02%	-4.51%	-51.16%	80.25%	78.57%	-16.1%	-68.4%	9.31%	69.15%	-35.45%	-42.2%	-0.33%	-36.02%	1.96%	685.0%	65.52%
Cash & Equivalents	$346.4M	$336.2M	$352.1M	$721.0M	$400.0M	$224.0M	$267.0M	$845.0M	$773.0M	$457.0M	$708.0M	$1.225B	$1.229B	$1.921B	$1.884B	$240.0M	$145.0M
Short-Term Investments
Other Short-Term Assets	$119.3M	$98.72M	$69.84M	$97.00M	$113.0M	$1.143B	$292.0M	$274.0M	$539.0M	$267.0M	$337.0M	$300.0M	$336.0M	$286.0M	$311.0M	$320.0M	$429.0M
YoY Change	20.87%	41.34%	-28.0%	-14.16%	-90.11%	291.44%	6.57%	-49.17%	101.87%	-20.77%	12.33%	-10.71%	17.48%	-8.04%	-2.81%	-25.41%
Inventory			$3.154M	$1.000M				$22.00M	$25.00M	$24.00M	$27.00M	$23.00M	$21.00M	$23.00M	$26.00M	$28.00M	$28.00M
Prepaid Expenses
Receivables	$1.041B	$1.038B	$1.030B	$801.0M	$903.0M	$869.0M	$1.508B	$1.364B	$1.442B	$1.395B	$1.441B	$1.440B	$1.399B	$1.374B	$1.302B	$1.431B	$1.693B
Other Receivables	$0.00	$0.00	$17.36M	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$136.0M	$47.00M	$0.00
Total Short-Term Assets	$1.507B	$1.473B	$1.473B	$1.619B	$1.416B	$2.235B	$2.067B	$2.505B	$2.778B	$2.142B	$2.513B	$2.988B	$2.985B	$3.603B	$3.659B	$2.067B	$2.295B
YoY Change	2.32%	-0.01%	-9.03%	14.34%	-36.64%	8.13%	-17.49%	-9.83%	29.69%	-14.76%	-15.9%	0.1%	-17.15%	-1.53%	77.02%	-9.93%
Property, Plant & Equipment	$1.264B	$1.483B	$1.524B	$1.638B	$1.729B	$502.0M	$1.885B	$1.948B	$2.213B	$2.699B	$2.898B	$3.037B	$3.063B	$3.146B	$3.332B	$3.548B	$3.050B
YoY Change	-14.78%	-2.65%	-6.99%	-5.26%	244.42%	-73.37%	-3.23%	-11.97%	-18.01%	-6.87%	-4.58%	-0.85%	-2.64%	-5.58%	-6.09%	16.33%
Goodwill
YoY Change
Intangibles
YoY Change
Long-Term Investments	$134.2M	$124.8M	$85.93M	$71.00M				$88.00M	$89.00M	$28.00M	$249.0M	$490.0M	$437.0M	$433.0M	$390.0M	$418.0M	$584.0M
YoY Change	7.57%	45.21%	21.02%					-1.12%	217.86%	-88.76%	-49.18%	12.13%	0.92%	11.03%	-6.7%	-28.42%
Other Assets	$38.95M	$45.83M	$40.79M	$106.0M	$96.00M	$3.501B	$278.0M	$139.0M	$126.0M	$261.0M	$285.0M	$326.0M	$334.0M	$332.0M	$378.0M	$560.0M	$715.0M
YoY Change	-15.01%	12.35%	-61.52%	10.42%	-97.26%	1159.35%	100.0%	10.32%	-51.72%	-8.42%	-12.58%	-2.4%	0.6%	-12.17%	-32.5%	-21.68%
Total Long-Term Assets	$5.446B	$6.863B	$7.408B	$7.584B	$9.605B	$10.04B	$10.19B	$10.36B	$10.90B	$11.86B	$12.58B	$13.31B	$13.56B	$13.86B	$14.39B	$19.06B	$16.51B
YoY Change	-20.65%	-7.36%	-2.31%	-21.04%	-4.29%	-1.55%	-1.58%	-4.94%	-8.14%	-5.75%	-5.42%	-1.86%	-2.16%	-3.69%	-24.5%	15.43%
Total Assets	$6.953B	$8.336B	$8.881B	$9.203B	$11.02B	$12.27B	$12.26B	$12.86B	$13.67B	$14.00B	$15.10B	$16.29B	$16.54B	$17.46B	$18.05B	$21.13B	$18.81B
YoY Change
Accounts Payable	$236.2M	$240.5M	$206.0M	$149.0M	$87.00M	$49.00M	$163.0M	$143.0M	$153.0M	$132.0M	$131.0M	$133.0M	$122.0M	$127.0M	$132.0M	$155.0M	$166.0M
YoY Change	-1.78%	16.72%	38.26%	71.26%	77.55%	-69.94%	13.99%	-6.54%	15.91%	0.76%	-1.5%	9.02%	-3.94%	-3.79%	-14.84%	-6.63%
Accrued Expenses	$453.4M	$459.6M	$509.6M	$410.0M	$432.0M	$299.0M	$1.037B	$989.0M	$1.114B	$1.052B	$1.002B	$957.0M	$896.0M	$951.0M	$864.0M	$975.0M	$1.011B
YoY Change	-1.35%	-9.81%	24.3%	-5.09%	44.48%	-71.17%	4.85%	-11.22%	5.89%	4.99%	4.7%	6.81%	-5.78%	10.07%	-11.38%	-3.56%
Deferred Revenue
YoY Change
Short-Term Debt	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00
YoY Change
Long-Term Debt Due	$340.0K	$664.0K	$673.0K	$35.00M	$9.000M	$46.00M	$14.97B	$343.0M	$182.0M	$4.000M	$454.0M	$382.0M	$269.0M	$868.0M	$399.0M	$563.0M	$1.360B
YoY Change	-48.8%	-1.34%	-98.08%	288.89%	-80.43%	-99.69%	4265.01%	88.46%	4450.0%	-99.12%	18.85%	42.01%	-69.01%	117.54%	-29.13%	-58.6%
Total Short-Term Liabilities	$848.4M	$831.8M	$849.4M	$718.0M	$667.0M	$1.248B	$16.36B	$1.675B	$1.659B	$1.364B	$1.764B	$1.782B	$1.429B	$2.099B	$1.544B	$1.846B	$2.813B
YoY Change	2.0%	-2.07%	18.3%	7.65%	-46.55%	-92.37%	876.42%	0.96%	21.63%	-22.68%	-1.01%	24.7%	-31.92%	35.95%	-16.36%	-34.38%
Long-Term Debt	$5.215B	$5.414B	$5.738B	$6.042B	$5.817B	$0.00	$5.677B	$20.02B	$20.54B	$20.32B	$20.03B	$20.37B	$19.94B	$19.74B	$20.30B	$18.94B	$5.342B
YoY Change	-3.67%	-5.66%	-5.03%	3.87%		-100.0%	-71.65%	-2.52%	1.07%	1.46%	-1.64%	2.14%	1.01%	-2.77%	7.19%	254.57%
Other Long-Term Liabilities	$934.4M	$922.3M	$819.7M	$836.0M	$854.0M	$22.58B	$611.0M	$594.0M	$527.0M	$455.0M	$462.0M	$451.0M	$650.0M	$777.0M	$825.0M	$576.0M	$622.0M
YoY Change	1.31%	12.51%	-1.95%	-2.11%	-96.22%	3595.91%	2.86%	12.71%	15.82%	-1.52%	2.44%	-30.62%	-16.34%	-5.82%	43.23%	-7.4%
Total Long-Term Liabilities	$6.149B	$6.336B	$6.558B	$6.878B	$6.671B	$22.58B	$6.288B	$20.62B	$21.07B	$20.78B	$20.49B	$20.82B	$20.59B	$20.52B	$21.13B	$19.52B	$5.964B
YoY Change	-2.95%	-3.39%	-4.65%	3.1%	-70.46%	259.13%	-69.5%	-2.14%	1.39%	1.39%	-1.56%	1.1%	0.35%	-2.89%	8.25%	227.25%
Total Liabilities	$7.347B	$7.661B	$7.974B	$8.160B	$8.085B	$23.86B	$23.65B	$23.88B	$24.46B	$23.89B	$24.04B	$24.59B	$24.54B	$25.16B	$25.35B	$24.47B	$10.01B
YoY Change	-4.1%	-3.92%	-2.28%	0.93%	-66.12%	0.91%	-1.0%	-2.34%	2.36%	-0.61%	-2.25%	0.23%	-2.46%	-0.75%	3.59%	144.48%

Ownership

Basic Shares Outstanding

Diluted Shares Outstanding

Preferred Stock

Treasury Stock Shares

Stock Issuance & Repurchase

Ownership Data

Concept	2023	2022	2021	2020	2018	2017	2016	2015	2014	2013	2012	2011	2010
Basic Shares Outstanding	149.3M shares	148.1M shares	146.7M shares	146.0M shares	85.41M shares	84.97M shares	84.57M shares	84.28M shares	83.94M shares	83.36K shares	82.75M shares	82.49M	81.65M shares
Diluted Shares Outstanding	149.3M shares	148.1M shares	146.7M shares	146.0M shares	85.41M shares	84.97M shares	84.57M shares	84.28M shares	83.94M shares	83.36K shares	82.75M shares	82.49M shares	81.65M shares
Preferred Stock
Treasury Stock Shares

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Market Cap: $290.57 Million

About iHeartMedia, Inc.

iHeartMedia, Inc. engages in the provision of media and entertainment services. The company is headquartered in San Antonio, Texas and currently employs 9,180 full-time employees. The company went IPO on 2019-05-06. The firm operates through three segments: Multiplatform Group, Digital Audio Group, and Audio & Media Services Group. The Multiplatform Group segment includes the Company's broadcast radio, networks, sponsorships, and events businesses. The Digital Audio Group segment includes all of the Company's digital businesses, including podcasting, the iHeartRadio digital service, its digital advertising technology companies, its digital Websites, newsletters and digital services and programs; and its audio industry social media footprint. The Audio & Media Services Group segment provides other audio and media services, including the Company's media representation business, Katz Media Group, and RCS Sound Software, a provider of scheduling and broadcast software to the industry at large. Its iHeartRadio digital service, available across more than 250 platforms and thousands of devices, the Company’s digital sites, newsletters, and others.

Industry: Radio Broadcasting Stations Peers: AMC Networks Inc. E.W. SCRIPPS Co ENTRAVISION COMMUNICATIONS CORP Fox Corp TEGNA INC GRAY TELEVISION INC HEMISPHERE MEDIA GROUP, INC. NEXSTAR MEDIA GROUP, INC. Sinclair Broadcast Group, LLC