IHRT Chart
About

iHeartMedia, Inc. operates as an audio media company in the United States. It operates in three segments: Multiplatform Group, Digital Audio Group, and Audio & Media Services Group. The Multiplatform Group segment offers broadcast radio stations; sponsorships and endorsements; live, in-person, and virtual events; and the SmartAudio platform, a comprehensive suite of tech-enabled advertising solutions. This segment also operates Premiere Networks, a national radio network that produces, distributes, or represents syndicated radio programs and services to radio station affiliates; and Total Traffic & Weather Network, which delivers real-time traffic flow and incident information along with weather updates, sports, and news. Its Digital Audio Group segment provides podcasting, digital sites, newsletters, digital services and programs, and ad tech platforms; free ad-supported streaming offerings, subscription streaming, display advertisements, and other content disseminated over digital platforms and social media; and iHeartRadio, a mobile app and web-based service that allows users to listen to radio stations, digital-only stations, custom artist stations, and podcasts. This segment also engages in the digital advertising technology business. The Audio & Media Services Group segment is involved in the media representation business. This segment also provides RCS, a cloud and on-premises broadcast software, which offers radio and television automation, music scheduling, newsroom automation, advertising sales management, and disaster recovery solutions; real-time audio recognition technology; and media streaming and research services to radio and television stations, cable channels, record labels, advertisers, and agencies worldwide. The company was formerly known as CC Media Holdings, Inc. and changed its name to iHeartMedia, Inc. in September 2014. iHeartMedia, Inc. was incorporated in 1974 and is headquartered in San Antonio, Texas.

Fundamentals
Scroll to Statements
Sector Communication Services Industry Broadcasting Market Cap 433.10M
Enterprise Value 5.95B Income -472.87M Sales 3.86B
Book/sh -11.80 Cash/sh 1.74 Dividend Yield
Payout 0.00% Employees 7449 IPO
P/E Forward P/E -7.37 PEG
P/S 0.11 P/B -0.24 P/C
EV/EBITDA 10.76 EV/Sales 1.54 Quick Ratio 1.27
Current Ratio 1.51 Debt/Eq LT Debt/Eq
EPS (ttm) -3.06 EPS next Y -0.39 EPS Growth
Revenue Growth 0.80% Earnings 2026-05-11 ROA 2.26%
ROE ROIC Gross Margin 58.26%
Oper. Margin 7.60% Profit Margin -12.23% Shs Outstand 129.55M
Shs Float 141.90M Short Float 6.73% Short Ratio 7.99
Short Interest 52W High 5.44 52W Low 0.95
Beta 1.64 Avg Volume 758.46K Volume 60.03K
Target Price $3.12 Recom Underperform Prev Close $2.76
Price $2.88 Change 4.17%
Valuation Models

Price estimates from analyst targets and simple models.

1. Analyst consensus
$3.13
Mean price target
2. Current target
$2.92
Latest analyst target
3. DCF / Fair value
$22.69
Simplified: (Free Cash Flow ÷ Shares) × 18 (P/FCF multiple). Not a …
Ratings
Current target
$2.92
Low
$2.25
High
$4.00
Mean
$3.13

Latest analyst rating changes

Date Action Analyst Rating Change Price Target
2026-01-09 down Goldman Sachs Neutral → Sell $4
2025-11-13 main B of A Securities Neutral → Neutral $5
2025-11-12 main Goldman Sachs Neutral → Neutral $4
2025-05-14 main Goldman Sachs Neutral → Neutral $1
2025-03-10 main Guggenheim Buy → Buy $5
2024-11-19 main Guggenheim Buy → Buy $5
2024-11-12 up B of A Securities Underperform → Neutral $3
2024-06-03 main B of A Securities Underperform → Underperform $1
2024-05-16 main Guggenheim Buy → Buy $3
2024-05-13 main Goldman Sachs Neutral → Neutral $1
2024-03-04 main Guggenheim Buy → Buy $5
2023-11-15 main Goldman Sachs Neutral → Neutral $2
2023-11-10 main Morgan Stanley Underweight → Underweight $3
2023-10-19 main B. Riley Securities Buy → Buy $7
2023-10-04 main B of A Securities Underperform → Underperform $3
2023-08-09 reit Barrington Research — → Market Perform
2023-05-05 main Goldman Sachs — → Neutral $3
2023-05-03 main B. Riley Securities — → Buy $13
2023-05-03 main Wells Fargo — → Equal-Weight $5
2023-03-28 down B of A Securities Neutral → Underperform $4
Insider Transactions
Date Shares Value Url Text Insider Position Transaction Start Date Ownership
0 16349 48525.0 Purchase at price 2.97 per share. PITTMAN ROBERT W Chief Executive Officer 2026-03-09 00:00:00 D
1 32468 105576.0 Purchase at price 3.25 per share. PITTMAN ROBERT W Chief Executive Officer 2026-03-05 00:00:00 D
2 256667 nan PITTMAN ROBERT W Chief Executive Officer 2026-02-25 00:00:00 D
3 256667 nan BRESSLER RICHARD J President 2026-02-25 00:00:00 D
4 29167 nan MCGUINNESS MICHAEL B Chief Financial Officer 2026-02-25 00:00:00 D
5 303028 nan PITTMAN ROBERT W Chief Executive Officer 2026-02-20 00:00:00 D
6 303028 nan BRESSLER RICHARD J President 2026-02-20 00:00:00 D
7 38226 nan MCGUINNESS MICHAEL B Chief Financial Officer 2026-02-20 00:00:00 D
8 1727604 Stock Award(Grant) at price 0.00 per share. PITTMAN ROBERT W Chief Executive Officer 2026-02-17 00:00:00 D
9 1727604 Stock Award(Grant) at price 0.00 per share. BRESSLER RICHARD J President 2026-02-17 00:00:00 D
Financials
Line Item2025-12-312024-12-312023-12-312022-12-31
TaxEffectOfUnusualItems-979.61K-128.10M-50.74M-59.29M
TaxRateForCalcs0.000.140.050.21
NormalizedEBITDA547.41M565.58M595.27M811.71M
TotalUnusualItems-258.51M-944.46M-939.69M-282.32M
TotalUnusualItemsExcludingGoodwill-258.51M-944.46M-939.69M-282.32M
NetIncomeFromContinuingOperationNetMinorityInterest-472.87M-1.01B-1.10B-264.66M
ReconciledDepreciation360.05M409.58M428.48M445.66M
ReconciledCostOfRevenue1.61B1.59B1.49B1.48B
EBITDA288.90M-378.88M-344.42M529.39M
EBIT-71.15M-788.46M-772.90M83.72M
NetInterestIncome-402.54M-379.43M-389.77M-341.67M
InterestExpense402.54M379.43M389.77M341.67M
NormalizedIncome-215.34M-193.58M-213.71M-41.63M
NetIncomeFromContinuingAndDiscontinuedOperation-472.87M-1.01B-1.10B-264.66M
TotalExpenses3.67B3.69B3.58B3.54B
TotalOperatingIncomeAsReported-20.64M-763.11M-797.31M56.86M
DilutedAverageShares151.27M149.25M143.25M142.22M
BasicAverageShares151.27M149.25M143.25M142.22M
DilutedEPS-6.68-7.39-1.85-1.12
BasicEPS-6.68-7.39-1.85-1.12
DilutedNIAvailtoComStockholders-472.87M-1.01B-1.10B-264.66M
NetIncomeCommonStockholders-472.87M-1.01B-1.10B-264.66M
NetIncome-472.87M-1.01B-1.10B-264.66M
MinorityInterests-979.00K-447.00K-2.32M-1.99M
NetIncomeIncludingNoncontrollingInterests-471.89M-1.01B-1.10B-262.67M
NetIncomeDiscontinuousOperations0.00
NetIncomeContinuousOperations-471.89M-1.01B-1.10B-262.67M
TaxProvision-1.79M-158.40M-62.34M4.72M
PretaxIncome-473.68M-1.17B-1.16B-257.95M
OtherIncomeExpense-264.42M-948.03M-943.88M-284.63M
OtherNonOperatingIncomeExpenses1.09M-926.00K-655.00K-2.29M
SpecialIncomeCharges-215.49M-1.02B-911.56M-281.27M
GainOnSaleOfPPE-3.20M
OtherSpecialCharges1.58M97.31M-56.72M-30.21M
ImpairmentOfCapitalAssets213.91M922.68M965.09M311.49M
RestructuringAndMergernAcquisition0.00
EarningsFromEquityInterest-7.00M-2.65M-3.53M-11.00K
GainOnSaleOfSecurity-43.02M75.52M-28.13M-1.04M
NetNonOperatingInterestIncomeExpense-402.54M-379.43M-389.77M-341.67M
TotalOtherFinanceCost389.77M341.67M332.38M
InterestExpenseNonOperating402.54M379.43M389.77M341.67M
OperatingIncome193.27M159.57M170.98M368.35M
OperatingExpense2.06B2.11B2.09B2.06B
OtherOperatingExpenses10.63M2.77M1.16M25.00M
DepreciationAmortizationDepletionIncomeStatement360.05M409.58M428.48M445.66M
DepreciationAndAmortizationInIncomeStatement360.05M409.58M428.48M445.66M
SellingGeneralAndAdministration1.69B1.69B1.66B1.59B
GeneralAndAdministrativeExpense1.59B1.52B
OtherGandA1.59B1.52B
GrossProfit2.25B2.27B2.26B2.43B
CostOfRevenue1.61B1.59B1.49B1.48B
TotalRevenue3.86B3.85B3.75B3.91B
OperatingRevenue3.86B3.85B3.75B3.91B
Line Item2025-12-312024-12-312023-12-312022-12-31
TreasurySharesNumber2.36M1.59M983.59K597.48K
OrdinarySharesNumber150.16M147.17M144.66M143.25M
ShareIssued152.53M148.76M145.65M143.85M
NetDebt4.78B4.81B4.87B5.08B
TotalDebt5.79B5.86B6.05B6.33B
TangibleBookValue-4.25B-4.22B-4.40B-4.53B
InvestedCapital3.22B3.69B4.82B6.09B
WorkingCapital491.91M491.56M658.48M640.96M
NetTangibleAssets-4.25B-4.22B-4.40B-4.53B
CapitalLeaseObligations735.16M786.10M836.65M918.94M
CommonStockEquity-1.83B-1.38B-394.15M674.90M
TotalCapitalization3.15B3.67B4.82B6.09B
TotalEquityGrossMinorityInterest-1.83B-1.37B-384.76M684.51M
MinorityInterest4.63M5.29M9.40M9.61M
StockholdersEquity-1.83B-1.38B-394.15M674.90M
GainsLossesNotAffectingRetainedEarnings-1.88M-1.89M-1.13M-1.33M
OtherEquityAdjustments-1.88M-1.89M-1.13M-1.33M
TreasuryStock12.22M10.95M10.13M8.93M
RetainedEarnings-4.81B-4.34B-3.33B-2.23B
AdditionalPaidInCapital3.00B2.98B2.95B2.91B
CapitalStock153.00K149.00K146.00K144.00K
CommonStock153.00K149.00K146.00K144.00K
PreferredStock0.000.000.000.00
TotalLiabilitiesNetMinorityInterest6.95B6.94B7.34B7.65B
TotalNonCurrentLiabilitiesNetMinorityInterest5.99B6.07B6.49B6.82B
OtherNonCurrentLiabilities245.06M204.74M171.53M73.33M
EmployeeBenefits12.91M
NonCurrentPensionAndOtherPostretirementBenefitPlans12.91M
NonCurrentDeferredLiabilities86.69M102.90M339.77M483.81M
NonCurrentDeferredRevenue28.02M
NonCurrentDeferredTaxesLiabilities86.69M102.90M339.77M483.81M
LongTermDebtAndCapitalLeaseObligation5.65B5.77B5.98B6.26B
LongTermCapitalLeaseObligation674.19M716.59M762.82M848.92M
LongTermDebt4.98B5.05B5.21B5.41B
LongTermProvisions4.49M
CurrentLiabilities967.42M870.28M848.44M831.82M
CurrentDeferredLiabilities190.19M154.34M158.54M131.08M
CurrentDeferredRevenue190.19M154.34M158.54M131.08M
CurrentDebtAndCapitalLeaseObligation134.40M92.02M74.17M70.69M
CurrentCapitalLeaseObligation60.97M69.52M73.83M70.02M
CurrentDebt73.43M22.50M340.00K664.00K
OtherCurrentBorrowings73.43M22.50M340.00K664.00K
PayablesAndAccruedExpenses642.84M623.92M615.72M630.05M
CurrentAccruedExpenses371.41M370.65M379.56M389.59M
InterestPayable74.11M22.54M61.99M64.17M
Payables271.43M253.26M236.16M240.45M
AccountsPayable271.43M253.26M236.16M240.45M
TotalAssets5.13B5.57B6.95B8.34B
TotalNonCurrentAssets3.67B4.21B5.45B6.86B
OtherNonCurrentAssets221.94M209.18M173.17M170.59M
DefinedPensionBenefit12.91M
NonCurrentPrepaidAssets21.95M
InvestmentsAndAdvances85.92M
OtherInvestments41.44M
InvestmentinFinancialAssets33.87M
AvailableForSaleSecurities33.87M
LongTermEquityInvestment10.62M
InvestmentsinAssociatesatCost10.62M
GoodwillAndOtherIntangibleAssets2.42B2.84B4.01B5.21B
OtherIntangibleAssets1.32B1.74B2.29B2.90B
Goodwill1.11B1.11B1.72B2.31B
NetPPE1.02B1.16B1.26B1.48B
AccumulatedDepreciation-937.00M-860.56M-702.97M-550.31M
GrossPPE1.96B2.02B1.97B2.03B
ConstructionInProgress11.89M12.19M16.47M29.09M
OtherProperties841.49M875.51M900.60M1.00B
MachineryFurnitureEquipment803.21M795.37M733.10M659.72M
Properties304.44M335.50M316.65M340.69M
CurrentAssets1.46B1.36B1.51B1.47B
OtherCurrentAssets38.58M11.60M26.19M19.62M
RestrictedCash425.00K
PrepaidAssets190.38M97.33M93.13M79.10M
Inventory3.15M
Receivables959.45M993.33M1.04B1.04B
OtherReceivables17.36M
DuefromRelatedPartiesCurrent391.00K
AccountsReceivable959.45M993.33M1.04B1.04B
AllowanceForDoubtfulAccountsReceivable-30.47M-36.55M-38.05M-29.17M
GrossAccountsReceivable989.91M1.03B1.08B1.07B
CashCashEquivalentsAndShortTermInvestments270.92M259.58M346.38M336.24M
CashAndCashEquivalents270.92M259.58M346.38M336.24M
Line Item2025-12-312024-12-312023-12-312022-12-31
FreeCashFlow10.91M-26.16M110.39M259.11M
RepaymentOfDebt-112.36M-151.36M-148.43M-300.13M
IssuanceOfDebt100.00M0.000.000.00
IssuanceOfCapitalStock0.00
CapitalExpenditure-81.67M-97.59M-102.67M-160.97M
InterestPaidSupplementalData361.18M427.47M392.69M342.39M
IncomeTaxPaidSupplementalData16.33M13.39M14.01M35.42M
EndCashPosition270.92M259.58M346.38M336.66M
OtherCashAdjustmentOutsideChangeinCash0.00
BeginningCashPosition259.58M346.38M336.66M352.55M
EffectOfExchangeRateChanges311.00K-394.00K151.00K-634.00K
ChangesInCash11.03M-86.41M9.57M-15.26M
FinancingCashFlow-15.31M-158.34M-152.16M-306.11M
CashFromDiscontinuedFinancingActivities0.00
CashFlowFromContinuingFinancingActivities-15.31M-158.34M-152.16M-306.11M
NetOtherFinancingCharges-2.95M-6.99M-3.73M-5.97M
NetPreferredStockIssuance0.00
PreferredStockIssuance0.00
NetIssuancePaymentsOfDebt-12.36M-151.36M-148.43M-300.13M
NetLongTermDebtIssuance-12.36M-151.36M-148.43M-300.13M
LongTermDebtPayments-112.36M-151.36M-148.43M-300.13M
LongTermDebtIssuance100.00M0.000.000.00
InvestingCashFlow-66.24M508.00K-51.33M-129.23M
CashFromDiscontinuedInvestingActivities0.00
CashFlowFromContinuingInvestingActivities-66.24M508.00K-51.33M-129.23M
NetOtherInvestingChanges13.78M-3.65M47.47M30.84M
NetInvestmentPurchaseAndSale1.66M101.76M3.86M902.00K
SaleOfInvestment1.66M101.76M3.86M902.00K
NetBusinessPurchaseAndSale-4.94M0.00-245.46M
PurchaseOfBusiness-4.94M0.00-245.46M
NetPPEPurchaseAndSale-81.67M-97.59M-102.67M-160.97M
PurchaseOfPPE-81.67M-97.59M-102.67M-160.97M
OperatingCashFlow92.58M71.43M213.06M420.07M
CashFromDiscontinuedOperatingActivities0.00
CashFlowFromContinuingOperatingActivities92.58M71.43M213.06M420.07M
ChangeInWorkingCapital47.41M58.13M70.07M-10.11M
ChangeInOtherWorkingCapital26.00M-18.18M18.14M2.71M
ChangeInOtherCurrentLiabilities14.58M1.99M-1.35M818.00K
ChangeInOtherCurrentAssets852.00K814.00K7.27M-4.78M
ChangeInPayablesAndAccruedExpense21.71M33.65M82.50M25.38M
ChangeInAccruedExpense3.11M15.05M85.60M-9.07M
ChangeInInterestPayable43.80M-39.45M-2.18M-3.82M
ChangeInPayable18.60M18.59M-3.10M34.44M
ChangeInAccountPayable18.60M18.59M-3.10M34.44M
ChangeInPrepaidAssets-32.52M11.47M-5.39M-13.36M
ChangeInReceivables16.78M28.39M-31.09M-20.87M
ChangesInAccountReceivables16.78M28.39M-31.09M-20.87M
OtherNonCashItems-138.99M-45.97M-46.97M-33.73M
StockBasedCompensation19.55M28.61M34.60M35.46M
ProvisionandWriteOffofAssets19.17M15.89M29.49M14.24M
AssetImpairmentCharge213.91M922.68M965.09M311.49M
DeferredTax-16.21M-236.86M-144.59M-74.42M
DeferredIncomeTax-16.21M-236.86M-144.59M-74.42M
DepreciationAmortizationDepletion360.05M409.58M428.48M445.66M
DepreciationAndAmortization360.05M409.58M428.48M445.66M
OperatingGainsLosses59.58M-71.14M-22.77M-5.85M
EarningsLossesFromEquityInvestments7.00M2.65M3.53M11.00K
GainLossOnInvestmentSecurities43.02M-75.52M28.13M1.04M
NetIncomeFromContinuingOperations-471.89M-1.01B-1.10B-262.67M
SEC Filings

Recent 10-K, 10-Q, 8-K, and Form 4 (insider) filings.

Public Trades for IHRT
Date User Broker Pattern Type Position Size Entry Price Trade P&L Status