OUTFRONT Media Inc. (OUT) Financial Statements (2024 and earlier)

Company Profile

Business Address 90 PARK AVENUE
NEW YORK, NY 10016
State of Incorp. MD
Fiscal Year End December 31
Industry (SIC) 6798 - Real Estate Investment Trusts (benchmarking)
More info Complete Financial Analysis Financial Benchmarking

Balance Sheet (Statement of Financial Position) ($ in millions)

3/31/2024
MRQ
12/31/2023
12/31/2022
12/31/2021
12/31/2020
12/31/2019
12/31/2018
ASSETS
Current Assets
Cash, cash equivalents, and short-term investments36404257105953
Cash and cash equivalents36404257105953
Restricted cash and investments    221
Receivables288316311209290265
Prepaid expense192018141614
Disposal group, including discontinued operation35     
Other current assets166123458
Other undisclosed current assets591356488
Total current assets:398390777975436430
Noncurrent Assets
Operating lease, right-of-use asset1,5921,5631,4861,4211,457
Property, plant and equipment658700648634666653
Long-term investments and receivables  1211111516
Long-term investments  1211111516
Intangible assets, net (including goodwill)2,7022,9352,6932,6252,6342,617
Goodwill2,0062,0762,0782,0782,0832,080
Intangible assets, net (excluding goodwill)695859615548551537
Regulated entity, other noncurrent assets     2720
Disposal group, including discontinued operation, noncurrent assets214     
Other noncurrent assets203942377369
Other undisclosed noncurrent assets  3512691947424
Total noncurrent assets:5,1855,6005,1474,9224,9473,399
TOTAL ASSETS:5,5835,9905,9255,8975,3823,829
LIABILITIES AND EQUITY
Liabilities
Current Liabilities
Accounts payable and accrued liabilities267277271228240198
Interest and dividends payable31252619
Employee-related liabilities75355647
Accounts payable566565656868
Accrued liabilities2122121001049064
Deferred revenue3835313029
Debt6530 80363160
Disposal group, including discontinued operation24     
Other liabilities182119211815
Other undisclosed current liabilities181188188177 30
Total current liabilities:593552508535650403
Noncurrent Liabilities
Long-term debt and lease obligation2,6772,6263,9293,8733,5072,150
Long-term debt, excluding current maturities2,6772,6262,6212,6212,2222,150
Liabilities, other than long-term debt1,5831,448809885131
Asset retirement obligations333836363534
Deferred tax liabilities, net17
Liability, pension and other postretirement and postemployment benefits    75 
Disposal group, including discontinued operation, liabilities91     
Other liabilities424144554680
Operating lease, liability1,4171,3691,3081,2521,285
Other undisclosed noncurrent liabilities  1517713 
Total noncurrent liabilities:4,2604,0894,0273,9783,6062,281
Total liabilities:4,8534,6414,5344,5134,2562,683
Temporary equity, carrying amount120120383383  
Equity
Equity, attributable to parent6071,2259949741,0941,103
Common stock222111
Additional paid in capital2,4322,4162,1192,0912,0751,995
Accumulated other comprehensive loss(6)(9)(4)(18)(18)(22)
Accumulated deficit(1,821)(1,183)(1,122)(1,100)(965)(872)
Equity, attributable to noncontrolling interest3413273343
Total equity:6101,2291,0071,0001,1261,145
TOTAL LIABILITIES AND EQUITY:5,5835,9905,9255,8975,3823,829

Income Statement (P&L) ($ in millions)

3/31/2024
TTM
12/31/2023
12/31/2022
12/31/2021
12/31/2020
12/31/2019
12/31/2018
Revenues1,8211,7721,4641,2361,7821,606
Operating leases, income statement, lease revenue1,074
Operating lease, lease income1,3491,3211,1419451,150
Cost of revenue(1,447)(1,062)(785)(857)(1,153)(1,045)
Cost of goods and services sold(968)(911)(784)(711)(959)(860)
Gross profit:374710679380629561
Operating expenses(632)(422)(510)(307)(320)(327)
Operating income (loss):(258)28816873309235
Nonoperating income (expense)
(Other Nonoperating Income (Expense))
0(0) 00(0)
Interest and debt expense (167)(132)(137)(131)(163)(126)
Other undisclosed loss from continuing operations before equity method investments, income taxes      
Income (loss) from continuing operations before equity method investments, income taxes:(425)15632(59)146109
Income (loss) from equity method investments(1)31(1)64
Income (loss) from continuing operations before income taxes:(426)15933(59)152113
Income tax expense (benefit)(4)(9)3(1)(11)(5)
Income (loss) from continuing operations:(430)14936(60)141108
Income (loss) before gain (loss) on sale of properties:36(60)141108
Net income (loss):(430)14936(60)141108
Net loss attributable to noncontrolling interest(1)(1)(1)(1)(1) 
Net income (loss) attributable to parent:(430)14836(61)140108
Other undisclosed net loss available to common stockholders, basic(9)     
Net income (loss) available to common stockholders, diluted:(439)14836(61)140108

Comprehensive Income ($ in millions)

3/31/2024
TTM
12/31/2023
12/31/2022
12/31/2021
12/31/2020
12/31/2019
12/31/2018
Net income (loss):(430)14936(60)141108
Other comprehensive income (loss)3(5)14(0)4(14)
Comprehensive income (loss):(426)14450(61)14594
Comprehensive loss, net of tax, attributable to noncontrolling interest(1)(1)(1)(1)(1) 
Comprehensive income (loss), net of tax, attributable to parent:(427)14349(61)14494

Statements Sources

The financial statements are based on the Company's filings with the U.S. Securities and Exchange Commission (SEC) through the Electronic Data Gathering, Analysis, and Retrieval system (EDGAR). The information is derived from the 10-K and 10-Q reports submitted to the SEC in XBRL (eXtensible Business Reporting Language) format and presented according to the US GAAP Taxonomy. Please review the original filings for a more detailed information.

Login to ReadyRatios

 

Have you forgotten your password?

Are you a new user?

Login As
You can log in if you are registered at one of these services: