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Clear Channel Outdoor Holdings, Inc. CCO Airports — Site lease expense

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Other financials

Income statement

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Revenue$373.9M+11.9%
Operating income$39.5M-12.2%
Net income-$48.6M-178%
EPS (diluted)-$0.10-177%

Balance sheet

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Cash & equivalents$182.4M-53.9%
Total debt$6.4B-3.2%
Total equity-$3.7B-8.6%
Total assets$3.7B-6.7%

Cash flow

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Operating cash flow$3.2M-78.4%
CapEx$16.0M-37.3%
Free cash flow-$12.8M-20.5%

Valuation

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Market cap$1.22B+119%
Enterprise value$7.48B+9.7%
P/S0.7×+0.4×

Profitability

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Operating margin18.6%0.0pp
Net margin-5.5%-10.6pp
FCF margin1.8%

Returns & leverage

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Current ratio1.3×-0.2×

Where this comes from

Reported directly by Clear Channel Outdoor Holdings, Inc. in its filing.

Tagged under the XBRL concept cco:SiteLeaseExpense.

The official record: Clear Channel Outdoor Holdings, Inc.’s 10-Q, filed May 6, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is Clear Channel Outdoor Holdings, Inc.'s airports — site lease expense?
Clear Channel Outdoor Holdings, Inc. (CCO) reported airports — site lease expense of $56.48M in Q1 2026.
How has Clear Channel Outdoor Holdings, Inc.'s airports — site lease expense changed year-over-year?
Clear Channel Outdoor Holdings, Inc.'s airports — site lease expense increased by 10.2% year-over-year, from $51.24M to $56.48M.
What is the long-term trend for Clear Channel Outdoor Holdings, Inc.'s airports — site lease expense?
Over 3 years (2022 to 2025), Clear Channel Outdoor Holdings, Inc.'s airports — site lease expense has grown at a 19.4% compound annual growth rate (CAGR), from $145.23M to $247.13M.
What does airports — site lease expense mean?
Reflects the costs incurred for leasing the physical locations or concessions required to display advertising media within airport properties. This is a critical operating expense that directly impacts the segment's gross margin. Monitoring this helps assess the cost of securing prime advertising real estate.