OUTFRONT Media Inc. (OUT) financial statements (2021 and earlier)

Company profile

Business Address 405 LEXINGTON AVENUE
NEW YORK, NY 10174
State of Incorp. MD
Fiscal Year End December 31
SIC 6798 - Real Estate Investment Trusts (benchmarking)
More info Complete financial analysis Financial benchmarking

Balance sheet (Statement of financial position) ($ in millions)

12/31/2020
12/31/2019
12/31/2018
12/31/2017
12/31/2016
12/31/2015
12/31/2014
ASSETS
Current Assets
Cash, cash equivalents, and short-term investments7105953486510229
Cash and cash equivalents7105953486510229
Restricted cash and investments221    
Receivables209290265231222210218
Prepaid expense14161414162226
Disposal group, including discontinued operation     5 
Deferred tax assets   22
Other current assets34581081513
Other undisclosed current assets5648873676268
Total current assets:975436430376378417355
Noncurrent Assets
Operating lease, right-of-use asset1,4211,457
Property, plant and equipment634666653662665702783
Long-term investments and receivables111516   20
Long-term investments111516   20
Intangible assets, net (including goodwill)2,6252,6342,6172,7092,6352,6452,787
Goodwill2,0782,0832,0802,1282,0892,0752,154
Intangible assets, net (excluding goodwill)548551537581545571633
Regulated entity, other noncurrent assets 2720    
Other noncurrent assets37736961618298
Other undisclosed noncurrent assets1947424   (20)
Total noncurrent assets:4,9224,9473,3993,4323,3603,4293,668
TOTAL ASSETS:5,8975,3823,8293,8083,7393,8454,024
LIABILITIES AND EQUITY
Liabilities
Current Liabilities
Accounts payable and accrued liabilities228240198180217207210
Accounts payable65686856868475
Accrued liabilities104906473826482
Employee-related liabilities35564735343935
Interest and dividends payable25261916162018
Deferred revenue3029
Debt8036316080   
Disposal group, including discontinued operation     25 
Deferred revenue and credits21202119
Other liabilities21181519151327
Other undisclosed current liabilities177 30    
Total current liabilities:535650403300252266255
Noncurrent Liabilities
Long-term debt and lease obligation3,8733,5072,1502,1452,1372,2522,198
Long-term debt, excluding current maturities2,6212,2222,1502,1452,1372,2522,198
Operating lease, liability1,2521,285
Liabilities, other than long-term debt9885131137117115131
Asset retirement obligations36353435343337
Deferred tax liabilities, net172091117
Liability, pension and other postretirement and postemployment benefits75    7
Other liabilities55468082757171
Other undisclosed noncurrent liabilities713    (7)
Total noncurrent liabilities:3,9783,6062,2812,2822,2542,3672,323
Total liabilities:4,5134,2562,6832,5822,5062,6332,578
Temporary equity, carrying amount383      
Stockholders' equity
Stockholders' equity attributable to parent9741,0941,1031,1811,2331,2131,446
Common stock1111111
Additional paid in capital2,0912,0751,9951,9631,9501,9341,911
Accumulated other comprehensive loss(18)(18)(22)(8)(19)(121)(90)
Accumulated deficit(1,100)(965)(872)(776)(700)(602)(377)
Stockholders' equity attributable to noncontrolling interest273343460  
Total stockholders' equity:1,0001,1261,1451,2271,2331,2131,446
TOTAL LIABILITIES AND EQUITY:5,8975,3823,8293,8083,7393,8454,024

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

12/31/2020
12/31/2019
12/31/2018
12/31/2017
12/31/2016
12/31/2015
12/31/2014
Revenues1,2361,7821,6061,5211,5141,5141,354
Operating lease, lease income9451,150
Operating leases, income statement, lease revenue1,074
Cost of revenue(857)(1,153)(1,045)(1,025)(1,042)(1,062)(727)
Cost of goods and services sold(711)(959)(860)(835)(818)(833)(727)
Gross profit:380629561496472452627
Operating expenses(307)(320)(327)(254)(267)(365)(449)
Other undisclosed operating income      5
Operating income:7330923524220586183
Nonoperating income (expense)
(Other Nonoperating Income (Expense))
00(0)0(0)(0)(0)
Interest and debt expense(131)(163)(126)(117)(114)(115)(85)
Income (loss) from continuing operations before equity method investments, income taxes:(59)14610912591(29)98
Income (loss) from equity method investments(1)645553
Income (loss) from continuing operations before income taxes:(59)15211313096(24)101
Income tax expense (benefit)(1)(11)(5)(4)(5)(5)206
Net income (loss):(60)14110812691(29)307
Net loss attributable to noncontrolling interest(1)(1)     
Net income (loss) available to common stockholders, diluted:(61)14010812691(29)307

Comprehensive Income ($ in millions)

12/31/2020
12/31/2019
12/31/2018
12/31/2017
12/31/2016
12/31/2015
12/31/2014
Net income (loss):(60)14110812691(29)307
Other comprehensive income (loss)(0)4(14)11102(4)(3)
Comprehensive income (loss):(61)14594137193(33)304
Comprehensive loss, net of tax, attributable to noncontrolling interest(1)(1)     
Other undisclosed comprehensive loss, net of tax, attributable to parent     (27)(12)
Comprehensive income (loss), net of tax, attributable to parent:(61)14494137193(60)292

Statements sources

The financial statements are based on the company's filings with the 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.

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