Outfront Media Inc(NYSE:OUT)

OUTFRONT leverages the power of technology, location and creativity to connect brands with consumers outside of their homes through one of the largest and most diverse sets of billboard, transit, and mobile assets in North America. Through its technology platform, OUTFRONT will fundamentally change ...
Website: http://www.outfrontmedia.com
Founded: 1938
Full Time Employees: 2,410
Sector: Real Estate
Industry: REIT-Specialty
• Market Cap:
• Exchange:
• Shs Outstanding:
• Employees:
• Beta:
• Return on Equity (ROE) ttm:
• Return on Assets (ROA) ttm:
• EPS ttm:
• Book value per Share:
• Cash per Share:
• Current ast per Share:
• P/E ttm:
• P/E forward:
• P/E ttm high:
• P/E ttm low:
• P/S ttm:
• P/B ttm:
• P/FCF ttm:
• PEG ratio:
• Cash Ratio ttm:
• Quick Ratio ttm:
• Current Ratio ttm:
• Gross Mgn ttm:
• EBITDA Mgn ttm:
• Operating Mgn ttm:
• Net Income Mgn ttm:
• Trailing Div yield:
• Forward Div yield:
• Payout Ratio ttm:
• Ex-Dividend date:
• Target Price High:
• Target Price Low:
• Target Price Mean:
• Number of Analysts:
• Debt Ratio ttm:
• Debt to Equity ttm:
• Total Net Debt:
At a glance:
Bull Thesis:
Bear Thesis:
Main Competitors:
Moat:
Income Statements:
Quarterly
Annual
| Unit: USD | 2025-12-31 | 2025-09-30 | 2025-06-30 | 2025-03-31 | 2024-12-31 | 2024-09-30 | 2024-06-30 | 2024-03-31 | 2023-12-31 | 2023-09-30 | 2023-06-30 | 2023-03-31 | 2022-12-31 | 2022-09-30 | 2022-06-30 | 2022-03-31 | 2021-12-31 | 2021-09-30 | 2021-06-30 | 2021-03-31 | 2020-12-31 | 2020-09-30 | 2020-06-30 | 2020-03-31 | 2019-12-31 | 2019-09-30 | 2019-06-30 | 2019-03-31 | 2018-12-31 | 2018-09-30 | 2018-06-30 | 2018-03-31 | 2017-12-31 | 2017-09-30 | 2017-06-30 | 2017-03-31 | 2016-12-31 | 2016-09-30 | 2016-06-30 | 2016-03-31 | 2015-12-31 | 2015-09-30 | 2015-06-30 | 2015-03-31 | 2014-12-31 | 2014-09-30 | 2014-06-30 | 2014-03-31 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
revenues | 513,300,000 | 467,500,000 | 460,200,000 | 390,700,000 | ||||||||||||||||||||||||||||||||||||||||||||
expenses: | ||||||||||||||||||||||||||||||||||||||||||||||||
operating | 235,000,000 | 230,700,000 | 231,500,000 | 221,300,000 | 237,400,000 | 233,100,000 | 239,800,000 | 238,700,000 | 247,100,000 | 239,800,000 | 245,900,000 | 235,500,000 | 239,500,000 | 232,600,000 | 226,500,000 | 212,800,000 | 217,000,000 | 199,800,000 | 189,600,000 | 177,600,000 | 176,200,000 | 155,800,000 | 154,000,000 | 224,800,000 | 255,900,000 | 245,500,000 | 240,300,000 | 216,900,000 | 235,500,000 | 215,300,000 | 212,000,000 | 197,100,000 | 217,400,000 | 212,600,000 | 213,300,000 | 191,900,000 | 215,200,000 | 201,500,000 | 201,600,000 | 199,800,000 | 218,600,000 | 209,300,000 | 206,400,000 | 198,800,000 | 214,200,000 | 177,200,000 | 171,600,000 | 163,500,000 |
selling, general and administrative | 111,200,000 | 105,200,000 | 110,600,000 | 114,700,000 | 109,600,000 | 108,700,000 | 119,100,000 | 110,500,000 | 107,900,000 | 105,300,000 | 108,600,000 | 107,900,000 | 110,300,000 | 106,500,000 | 106,900,000 | 98,400,000 | 104,300,000 | 98,500,000 | 88,900,000 | 76,500,000 | 109,800,000 | 63,400,000 | 62,400,000 | 79,500,000 | 86,400,000 | 82,300,000 | 81,500,000 | 73,300,000 | 77,900,000 | 74,400,000 | 70,100,000 | 64,600,000 | 67,200,000 | 64,200,000 | 66,400,000 | 63,900,000 | 69,200,000 | 65,100,000 | 65,200,000 | 65,300,000 | 65,800,000 | 67,200,000 | 63,600,000 | 61,700,000 | 63,200,000 | 55,100,000 | 55,400,000 | 50,600,000 |
restructuring charges | 300,000 | 19,800,000 | 500,000 | 600,000 | 4,700,000 | 300,000 | 700,000 | 100,000 | 200,000 | 1,100,000 | 100,000 | 1,600,000 | 2,900,000 | 1,800,000 | 2,100,000 | 400,000 | 2,000,000 | 600,000 | 3,600,000 | 6,200,000 | ||||||||||||||||||||||||||||
net loss on dispositions | 650,000 | 1,400,000 | 1,100,000 | 100,000 | -7,300,000 | 1,500,000 | -155,200,000 | 100,000 | -14,400,000 | -100,000 | 300,000 | 100,000 | 200,000 | 200,000 | -5,200,000 | 150,000 | ||||||||||||||||||||||||||||||||
impairment charges | 8,800,000 | 9,100,000 | 11,200,000 | 12,100,000 | 511,400,000 | |||||||||||||||||||||||||||||||||||||||||||
depreciation | 21,000,000 | 22,400,000 | 23,600,000 | 23,600,000 | 24,000,000 | 18,600,000 | 18,400,000 | 18,500,000 | 20,200,000 | 19,300,000 | 19,700,000 | 20,100,000 | 18,800,000 | 19,900,000 | 19,400,000 | 19,300,000 | 19,800,000 | 19,600,000 | 20,000,000 | 20,000,000 | 21,300,000 | 21,000,000 | 21,200,000 | 21,000,000 | 22,400,000 | 22,400,000 | 21,400,000 | 21,100,000 | 22,500,000 | 21,000,000 | 21,300,000 | 21,100,000 | 21,400,000 | 22,300,000 | 23,100,000 | 22,900,000 | 24,600,000 | 26,700,000 | 28,500,000 | 29,100,000 | 28,600,000 | 28,400,000 | 28,000,000 | 28,700,000 | 27,900,000 | 26,700,000 | 26,500,000 | 26,100,000 |
amortization | 17,500,000 | 17,600,000 | 17,400,000 | 17,100,000 | 18,400,000 | 18,700,000 | 17,300,000 | 17,600,000 | 18,200,000 | 19,700,000 | 21,500,000 | 21,800,000 | 21,000,000 | 20,200,000 | 17,300,000 | 14,800,000 | 16,600,000 | 16,700,000 | 16,300,000 | 16,400,000 | -11,100,000 | 24,400,000 | 21,700,000 | 26,300,000 | 26,200,000 | 28,700,000 | 27,600,000 | 24,700,000 | 25,800,000 | 25,800,000 | 25,000,000 | 22,500,000 | 25,500,000 | 25,500,000 | 25,400,000 | 23,700,000 | 28,300,000 | 28,300,000 | 30,400,000 | 28,300,000 | 29,300,000 | 29,100,000 | 29,200,000 | 27,800,000 | 27,700,000 | 22,800,000 | 22,600,000 | 21,900,000 |
total expenses | 379,800,000 | 377,600,000 | 404,000,000 | 376,800,000 | 382,100,000 | 380,600,000 | 248,200,000 | 394,500,000 | 390,200,000 | 396,200,000 | 907,000,000 | 385,600,000 | 389,700,000 | 379,400,000 | 370,300,000 | 345,000,000 | 359,300,000 | 334,200,000 | 311,900,000 | 290,200,000 | 296,300,000 | 257,200,000 | 258,800,000 | 351,500,000 | 390,100,000 | 377,000,000 | 371,200,000 | 334,800,000 | 361,100,000 | 335,300,000 | 368,800,000 | 306,200,000 | 330,900,000 | 312,100,000 | 331,200,000 | 304,600,000 | 339,200,000 | 319,300,000 | 326,300,000 | 324,200,000 | 446,000,000 | 334,000,000 | 330,100,000 | 317,300,000 | 344,500,000 | 288,900,000 | 276,100,000 | 261,200,000 |
operating income | 133,500,000 | 89,900,000 | 56,200,000 | 13,900,000 | 111,100,000 | 71,300,000 | 229,100,000 | 14,000,000 | 111,000,000 | 58,600,000 | -438,200,000 | 10,200,000 | 105,000,000 | 74,300,000 | 79,900,000 | 28,500,000 | 105,200,000 | 65,000,000 | 29,100,000 | -31,000,000 | 39,500,000 | 25,100,000 | -25,900,000 | 33,800,000 | 98,000,000 | 85,500,000 | 88,700,000 | 36,900,000 | 91,300,000 | 78,900,000 | 32,900,000 | 31,700,000 | 70,400,000 | 80,300,000 | 65,000,000 | 26,000,000 | 58,200,000 | 63,500,000 | 59,000,000 | 24,200,000 | -47,500,000 | 52,700,000 | 54,600,000 | 26,600,000 | 50,500,000 | 47,600,000 | 58,300,000 | 26,700,000 |
yoy | 20.16% | 26.09% | -75.47% | -0.71% | 0.09% | 21.67% | -152.28% | 37.25% | 5.71% | -21.13% | -648.44% | -64.21% | -0.19% | 14.31% | 174.57% | -191.94% | 166.33% | 158.96% | -212.36% | -191.72% | -59.69% | -70.64% | -129.20% | -8.40% | 7.34% | 8.37% | 169.60% | 16.40% | 29.69% | -1.74% | -49.38% | 21.92% | 20.96% | 26.46% | 10.17% | 7.44% | -222.53% | 20.49% | 8.06% | -9.02% | -194.06% | 10.71% | -6.35% | -0.37% | ||||
qoq | 48.50% | 59.96% | 304.32% | -87.49% | 55.82% | -68.88% | 1536.43% | -87.39% | 89.42% | -113.37% | -4396.08% | -90.29% | 41.32% | -7.01% | 180.35% | -72.91% | 61.85% | 123.37% | -193.87% | -178.48% | 57.37% | -196.91% | -176.63% | -65.51% | 14.62% | -3.61% | 140.38% | -59.58% | 15.72% | 139.82% | 3.79% | -54.97% | -12.33% | 23.54% | 150.00% | -55.33% | -8.35% | 7.63% | 143.80% | -150.95% | -190.13% | -3.48% | 105.26% | -47.33% | 6.09% | -18.35% | 118.35% | |
operating margin % | Infinity% | Infinity% | Infinity% | Infinity% | 33.22% | 15.78% | 48.00% | 3.43% | 22.15% | 12.88% | -93.47% | 2.58% | 21.22% | 16.38% | 17.75% | 7.63% | 22.65% | 16.28% | 8.53% | -11.96% | 11.76% | 8.89% | -11.12% | 8.77% | 20.08% | 18.49% | 19.29% | 9.93% | 20.18% | 19.05% | 8.19% | 9.38% | 17.54% | 20.46% | 16.41% | 7.86% | 14.65% | 16.59% | 15.31% | 6.95% | -11.92% | 13.63% | 14.19% | 7.73% | 12.78% | 14.15% | 17.43% | 9.27% |
interest expense | -36,900,000 | -37,000,000 | -36,500,000 | -36,000,000 | -36,600,000 | -37,100,000 | -41,100,000 | -41,400,000 | -40,800,000 | -40,200,000 | -39,700,000 | -37,700,000 | -35,900,000 | -33,600,000 | -31,600,000 | -30,700,000 | -31,900,000 | -31,800,000 | -32,100,000 | -34,600,000 | -33,800,000 | -34,200,000 | -33,300,000 | -29,800,000 | -34,400,000 | -33,900,000 | -33,900,000 | -32,700,000 | -32,700,000 | -32,000,000 | -31,000,000 | -30,000,000 | -31,000,000 | -29,200,000 | -28,600,000 | -28,100,000 | -28,200,000 | -28,300,000 | -28,700,000 | -28,600,000 | -29,200,000 | -28,900,000 | -28,900,000 | -18,500,000 | -12,500,000 | |||
loss on extinguishment of debt | -600,000 | -1,200,000 | -6,300,000 | -17,500,000 | -11,000,000 | |||||||||||||||||||||||||||||||||||||||||||
other income | -100,000 | 1,100,000 | 200,000 | -100,000 | 100,000 | -100,000 | 200,000 | 100,000 | -300,000 | 200,000 | -200,000 | -100,000 | 200,000 | 100,000 | 200,000 | -200,000 | -100,000 | 100,000 | 200,000 | -500,000 | ||||||||||||||||||||||||||||
income before benefit for income taxes and equity in earnings of investee companies | 12,475,000 | 52,300,000 | 74,500,000 | 34,100,000 | 62,300,000 | 18,300,000 | -477,700,000 | 69,200,000 | 40,400,000 | 48,400,000 | 73,300,000 | 33,200,000 | -71,900,000 | -16,050,000 | -9,200,000 | -59,200,000 | 4,200,000 | 4,300,000 | 12,600,000 | 47,100,000 | 1,700,000 | 1,600,000 | 21,425,000 | 51,300,000 | 36,500,000 | -2,100,000 | 29,900,000 | 35,200,000 | -4,600,000 | -76,700,000 | 23,400,000 | -1,100,000 | 23,200,000 | 21,300,000 | ||||||||||||||
benefit for income taxes | -475,000 | -1,200,000 | -500,000 | -2,600,000 | 200,000 | 500,000 | -1,800,000 | -1,400,000 | -400,000 | -400,000 | -10,600,000 | 300,000 | -1,200,000 | 2,100,000 | -2,600,000 | -1,100,000 | 2,400,000 | 4,700,000 | 1,500,000 | 1,700,000 | 1,000,000 | -600,000 | -1,000,000 | -8,100,000 | 6,700,000 | 200,000 | -2,000,000 | -900,000 | 3,700,000 | -4,800,000 | 1,500,000 | 1,300,000 | 1,600,000 | -3,900,000 | 1,400,000 | 3,100,000 | 226,400,000 | |||||||||||
equity in earnings of investee companies, net of tax | 300,000 | 300,000 | 1,900,000 | 100,000 | 500,000 | 200,000 | -200,000 | 200,000 | -200,000 | -300,000 | -800,000 | 900,000 | 400,000 | 1,200,000 | 300,000 | 800,000 | 1,100,000 | -100,000 | -400,000 | -100,000 | -600,000 | -300,000 | 400,000 | 1,800,000 | 1,400,000 | 1,700,000 | 800,000 | 1,400,000 | 700,000 | 1,200,000 | 800,000 | 1,000,000 | 1,400,000 | 1,500,000 | 900,000 | 1,500,000 | 1,400,000 | 1,400,000 | 1,000,000 | 1,200,000 | 1,700,000 | 1,100,000 | 800,000 | 1,500,000 | 600,000 | 200,000 | 600,000 | |
net income before allocation to redeemable and non-redeemable noncontrolling interests | 96,800,000 | 51,400,000 | 19,500,000 | 74,000,000 | 34,800,000 | |||||||||||||||||||||||||||||||||||||||||||
net income attributable to redeemable and non-redeemable noncontrolling interests | 100,000 | -100,000 | 200,000 | |||||||||||||||||||||||||||||||||||||||||||||
net income attributable to outfront media inc. | 96,800,000 | 51,300,000 | 19,500,000 | 74,000,000 | 34,600,000 | 176,800,000 | 60,400,000 | 17,000,000 | -478,900,000 | 59,200,000 | 40,800,000 | 48,000,000 | 71,100,000 | 33,100,000 | -67,700,000 | 4,300,000 | -13,500,000 | -57,900,000 | 6,100,000 | |||||||||||||||||||||||||||||
net income per common share: | ||||||||||||||||||||||||||||||||||||||||||||||||
basic | 570,000 | 290,000 | 100,000 | 470,000 | 200,000 | 1,050,000 | 360,000 | 90,000 | -2,920,000 | 350,000 | 240,000 | 280,000 | 440,000 | 180,000 | -520,000 | -20,000 | -140,000 | -440,000 | 40,000 | 310,000 | 270,000 | 350,000 | 40,000 | 410,000 | 330,000 | -40,000 | 60,000 | 250,000 | 360,000 | 270,000 | 20,000 | 190,000 | 280,000 | 210,000 | -20,000 | -530,000 | 150,000 | 160,000 | 10,000 | 200,000 | 2,070,000 | 190,000 | 90,000 | |||||
diluted | 560,000 | 290,000 | 100,000 | 450,000 | 190,000 | 1,010,000 | 360,000 | 90,000 | -2,920,000 | 350,000 | 230,000 | 280,000 | 440,000 | 180,000 | -520,000 | -20,000 | -140,000 | -440,000 | 40,000 | 310,000 | 270,000 | 350,000 | 40,000 | 400,000 | 330,000 | -40,000 | 60,000 | 250,000 | 360,000 | 270,000 | 20,000 | 200,000 | 280,000 | 210,000 | -20,000 | -530,000 | 150,000 | 160,000 | 10,000 | 200,000 | 2,060,000 | 190,000 | 90,000 | |||||
weighted-average shares outstanding: | ||||||||||||||||||||||||||||||||||||||||||||||||
basic | 167,800,000 | 167,200,000 | 167,100,000 | 166,400,000 | 161,900,000 | 166,000,000 | 165,900,000 | 165,400,000 | 164,900,000 | 165,000,000 | 165,000,000 | 164,500,000 | 161,100,000 | 164,000,000 | 164,000,000 | 152,000,000 | 145,400,000 | 145,600,000 | 145,600,000 | 144,800,000 | 144,300,000 | 144,400,000 | 144,400,000 | 143,900,000 | 142,500,000 | 143,400,000 | 142,300,000 | 140,700,000 | 139,300,000 | 139,300,000 | 139,200,000 | 138,800,000 | 138,500,000 | 138,600,000 | 138,600,000 | 138,300,000 | 137,900,000 | 138,000,000 | 137,900,000 | 137,600,000 | 137,300,000 | 137,500,000 | 137,400,000 | 136,900,000 | 114,300,000 | 120,000,000 | 119,700,000 | 97,000,000 |
diluted | 169,200,000 | 176,300,000 | 168,000,000 | 166,400,000 | 170,800,000 | 167,200,000 | 174,500,000 | 165,400,000 | 164,900,000 | 165,200,000 | 165,000,000 | 164,500,000 | 161,800,000 | 164,600,000 | 164,600,000 | 152,000,000 | 146,100,000 | 146,400,000 | 145,600,000 | 144,800,000 | 144,300,000 | 144,400,000 | 144,400,000 | 144,700,000 | 143,200,000 | 144,200,000 | 142,900,000 | 141,100,000 | 139,600,000 | 141,500,000 | 139,200,000 | 139,100,000 | 138,900,000 | 140,900,000 | 139,300,000 | 138,900,000 | 138,400,000 | 138,500,000 | 138,300,000 | 137,600,000 | 137,300,000 | 137,900,000 | 137,800,000 | 137,600,000 | 114,800,000 | 120,700,000 | 119,900,000 | 97,000,000 |
income before provision for income taxes and equity in earnings of investee companies | 19,700,000 | 187,900,000 | 39,800,000 | |||||||||||||||||||||||||||||||||||||||||||||
provision for income taxes | -200,000 | -11,100,000 | -800,000 | -3,500,000 | -17,600,000 | |||||||||||||||||||||||||||||||||||||||||||
loss before benefit for income taxes and equity in earnings of investee companies | -22,100,000 | -27,400,000 | -27,500,000 | -2,300,000 | -3,000,000 | |||||||||||||||||||||||||||||||||||||||||||
net loss before allocation to redeemable and non-redeemable noncontrolling interests | -20,700,000 | |||||||||||||||||||||||||||||||||||||||||||||||
net loss attributable to outfront media inc. | -20,600,000 | -27,200,000 | -28,900,000 | -100,000 | -900,000 | |||||||||||||||||||||||||||||||||||||||||||
net loss per common share: | ||||||||||||||||||||||||||||||||||||||||||||||||
basic | -140,000 | -180,000 | -190,000 | -40,000 | -50,000 | |||||||||||||||||||||||||||||||||||||||||||
diluted | -140,000 | -180,000 | -190,000 | -40,000 | -50,000 | |||||||||||||||||||||||||||||||||||||||||||
revenues: | ||||||||||||||||||||||||||||||||||||||||||||||||
billboard | 265,700,000 | 360,600,000 | 373,400,000 | 328,800,000 | 389,100,000 | 363,600,000 | 371,600,000 | 320,600,000 | 377,500,000 | 355,000,000 | 354,000,000 | 298,200,000 | 354,000,000 | 317,400,000 | 287,300,000 | 223,600,000 | 279,300,000 | 239,900,000 | 188,500,000 | 270,900,000 | 321,100,000 | 312,000,000 | 305,800,000 | 251,000,000 | 302,100,000 | 290,600,000 | 280,400,000 | 239,300,000 | 276,400,000 | 272,400,000 | 274,200,000 | 236,000,000 | 276,500,000 | 270,500,000 | 273,600,000 | 250,400,000 | 279,000,000 | 278,300,000 | 280,100,000 | 246,900,000 | 281,900,000 | 237,200,000 | 245,300,000 | 207,700,000 | ||||
transit and other | 68,725,000 | 91,300,000 | 103,900,000 | 79,700,000 | 112,100,000 | 91,200,000 | 97,200,000 | 75,200,000 | 117,200,000 | 98,700,000 | 96,200,000 | 75,300,000 | 110,500,000 | 81,800,000 | 53,700,000 | 35,600,000 | 56,500,000 | 42,400,000 | 44,400,000 | 114,400,000 | 167,000,000 | 150,500,000 | 154,100,000 | 120,700,000 | 150,300,000 | 123,600,000 | 121,300,000 | 98,600,000 | 124,900,000 | 120,000,000 | 122,000,000 | 94,600,000 | 120,900,000 | 112,300,000 | 111,700,000 | 98,000,000 | 119,500,000 | 108,400,000 | 104,600,000 | 97,000,000 | 113,100,000 | 99,300,000 | 89,100,000 | 80,200,000 | ||||
total revenues | 334,425,000 | 451,900,000 | 477,300,000 | 408,500,000 | 501,200,000 | 454,800,000 | 468,800,000 | 395,800,000 | 494,700,000 | 453,700,000 | 450,200,000 | 373,500,000 | 464,500,000 | 399,200,000 | 341,000,000 | 259,200,000 | 335,800,000 | 282,300,000 | 232,900,000 | 385,300,000 | 488,100,000 | 462,500,000 | 459,900,000 | 371,700,000 | 452,400,000 | 414,200,000 | 401,700,000 | 337,900,000 | 401,300,000 | 392,400,000 | 396,200,000 | 330,600,000 | 397,400,000 | 382,800,000 | 385,300,000 | 348,400,000 | 398,500,000 | 386,700,000 | 384,700,000 | 343,900,000 | 395,000,000 | 336,500,000 | 334,400,000 | 287,900,000 | ||||
yoy | -33.28% | -0.64% | 1.81% | 3.21% | 1.31% | 0.24% | 4.13% | 5.97% | 6.50% | 13.65% | 32.02% | 44.10% | 38.33% | 41.41% | 46.41% | -32.73% | -31.20% | -38.96% | -49.36% | 3.66% | 7.89% | 11.66% | 14.49% | 10.00% | 12.73% | 5.56% | 1.39% | 2.21% | 0.98% | 2.51% | 2.83% | -5.11% | -0.28% | -1.01% | 0.16% | 1.31% | 0.89% | 14.92% | 15.04% | 19.45% | ||||||||
qoq | -26.00% | -5.32% | 16.84% | -18.50% | 10.20% | -2.99% | 18.44% | -19.99% | 9.04% | 0.78% | 20.54% | -19.59% | 16.36% | 17.07% | 31.56% | -22.81% | 18.95% | 21.21% | -39.55% | -21.06% | 5.54% | 0.57% | 23.73% | -17.84% | 9.22% | 3.11% | 18.88% | -15.80% | 2.27% | -0.96% | 19.84% | -16.81% | 3.81% | -0.65% | 10.59% | -12.57% | 3.05% | 0.52% | 11.86% | -12.94% | 17.38% | 0.63% | 16.15% | |||||
net income before allocation to non-controlling interests | 177,000,000 | 60,700,000 | 16,700,000 | -478,400,000 | -28,700,000 | 59,500,000 | 41,100,000 | 48,400,000 | 100,000 | 71,500,000 | 33,200,000 | -67,600,000 | 4,800,000 | -13,300,000 | -58,000,000 | 6,300,000 | ||||||||||||||||||||||||||||||||
net income attributable to non-controlling interests | 200,000 | 100,000 | 300,000 | -300,000 | 500,000 | 200,000 | 300,000 | 300,000 | 400,000 | 200,000 | 400,000 | 100,000 | 200,000 | 100,000 | 500,000 | 200,000 | -100,000 | 200,000 | ||||||||||||||||||||||||||||||
net loss before allocation to non-controlling interests | -27,100,000 | -700,000 | ||||||||||||||||||||||||||||||||||||||||||||||
other expense | 200,000 | -75,000 | -300,000 | -100,000 | -400,000 | |||||||||||||||||||||||||||||||||||||||||||
net gain on dispositions | -300,000 | -900,000 | -400,000 | -2,900,000 | -300,000 | -400,000 | -8,000,000 | -100,000 | -800,000 | -1,900,000 | -1,500,000 | -1,300,000 | -1,300,000 | -3,400,000 | -14,100,000 | -300,000 | -350,000 | -500,000 | -900,000 | |||||||||||||||||||||||||||||
other loss | -100,000 | |||||||||||||||||||||||||||||||||||||||||||||||
impairment charge | 42,900,000 | |||||||||||||||||||||||||||||||||||||||||||||||
income before benefit from income taxes and equity in earnings of investee companies | 24,925,000 | 40,600,000 | 54,800,000 | 30,500,000 | 25,600,000 | 13,700,000 | ||||||||||||||||||||||||||||||||||||||||||
benefit from income taxes | -2,125,000 | -3,300,000 | -6,200,000 | -3,400,000 | -4,500,000 | -5,900,000 | ||||||||||||||||||||||||||||||||||||||||||
net income | 23,775,000 | 38,700,000 | 50,300,000 | 6,100,000 | 57,200,000 | 46,800,000 | -5,200,000 | 9,100,000 | 35,500,000 | 50,700,000 | 37,100,000 | 2,500,000 | 26,600,000 | 38,100,000 | 28,500,000 | -2,300,000 | -73,900,000 | 21,200,000 | 22,200,000 | 1,100,000 | 27,800,000 | 248,300,000 | 22,400,000 | 8,400,000 | ||||||||||||||||||||||||
yoy | -58.44% | -17.31% | -1067.31% | -32.97% | 61.13% | -7.69% | -114.02% | 264.00% | 33.46% | 33.07% | 30.18% | -208.70% | -135.99% | 79.72% | 28.38% | -309.09% | -365.83% | -91.46% | -0.89% | -86.90% | ||||||||||||||||||||||||||||
qoq | -38.57% | -23.06% | 724.59% | -89.34% | 22.22% | -1000.00% | -157.14% | -74.37% | -29.98% | 36.66% | 1384.00% | -90.60% | -30.18% | 33.68% | -1339.13% | -96.89% | -448.58% | -4.50% | 1918.18% | -96.04% | -88.80% | 1008.48% | 166.67% | |||||||||||||||||||||||||
net income margin % | NaN% | NaN% | NaN% | NaN% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 4.87% | 8.37% | 10.94% | 1.64% | 12.64% | 11.30% | -1.29% | 2.69% | 8.85% | 12.92% | 9.36% | 0.76% | 6.69% | 9.95% | 7.40% | -0.66% | -18.54% | 5.48% | 5.77% | 0.32% | 7.04% | 73.79% | 6.70% | 2.92% |
net (gain) loss on dispositions | 400,000 | -2,700,000 | -200,000 | -200,000 | -2,300,000 | 400,000 | 900,000 | |||||||||||||||||||||||||||||||||||||||||
dividends declared per common share | 360,000 | 360,000 | 360,000 | 360,000 | 360,000 | 360,000 | 340,000 | 340,000 | 340,000 | 340,000 | 340,000 | 340,000 | 340,000 | 400,000 | 4,930,000 | 370,000 | 370,000 | |||||||||||||||||||||||||||||||
loss on real estate assets held for sale | 1,300,000 | |||||||||||||||||||||||||||||||||||||||||||||||
net income on dispositions | 100,000 | 400,000 | 200,000 | |||||||||||||||||||||||||||||||||||||||||||||
acquisition costs | 9,000,000 | 1,400,000 | ||||||||||||||||||||||||||||||||||||||||||||||
interest income | -27,800,000 | -27,500,000 | -26,300,000 |
Balance Sheets:
Quarterly
Annual
| Unit: USD | 2025-12-31 | 2025-09-30 | 2025-06-30 | 2025-03-31 | 2024-12-31 | 2024-09-30 | 2024-06-30 | 2024-03-31 | 2023-12-31 | 2023-09-30 | 2023-06-30 | 2023-03-31 | 2022-12-31 | 2022-09-30 | 2022-06-30 | 2022-03-31 | 2021-12-31 | 2021-09-30 | 2021-06-30 | 2021-03-31 | 2020-12-31 | 2020-09-30 | 2020-06-30 | 2020-03-31 | 2019-12-31 | 2019-09-30 | 2019-06-30 | 2019-03-31 | 2018-12-31 | 2018-09-30 | 2018-06-30 | 2018-03-31 | 2017-12-31 | 2017-09-30 | 2017-06-30 | 2017-03-31 | 2016-12-31 | 2016-09-30 | 2016-06-30 | 2016-03-31 | 2015-12-31 | 2015-09-30 | 2015-06-30 | 2015-03-31 | 2014-12-31 | 2014-09-30 | 2014-06-30 | 2014-03-31 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
assets: | ||||||||||||||||||||||||||||||||||||||||||||||||
current assets: | ||||||||||||||||||||||||||||||||||||||||||||||||
cash and cash equivalents | 99,900,000 | 63,000,000 | 28,500,000 | 30,500,000 | 46,900,000 | 28,000,000 | 49,600,000 | 42,400,000 | 36,000,000 | 44,400,000 | 42,200,000 | 42,800,000 | 40,400,000 | 81,500,000 | 117,000,000 | 355,700,000 | 424,800,000 | 510,300,000 | 529,000,000 | 560,000,000 | 710,400,000 | 690,600,000 | 647,800,000 | 487,800,000 | 59,100,000 | 58,300,000 | 474,800,000 | 52,700,000 | 52,700,000 | 56,700,000 | 41,700,000 | 52,500,000 | 48,300,000 | 42,000,000 | 23,100,000 | 26,300,000 | 65,200,000 | 73,100,000 | 61,000,000 | 43,200,000 | 101,600,000 | 106,400,000 | 68,400,000 | 56,000,000 | 28,500,000 | 272,200,000 | 223,400,000 | 113,900,000 |
receivables, less allowances of 23.2 in 2025 and 20.6 in 2024 | 365,700,000 | |||||||||||||||||||||||||||||||||||||||||||||||
prepaid lease and transit franchise costs | 5,100,000 | 2,800,000 | 2,800,000 | 3,900,000 | 4,000,000 | 2,700,000 | 3,200,000 | 3,300,000 | 4,500,000 | 12,500,000 | 12,700,000 | 13,400,000 | 69,300,000 | 62,900,000 | 68,000,000 | 73,900,000 | 73,300,000 | 47,800,000 | 66,500,000 | 74,100,000 | 67,400,000 | 63,100,000 | 63,400,000 | 80,400,000 | 61,500,000 | 81,500,000 | 102,100,000 | 121,600,000 | 68,200,000 | 75,900,000 | 96,100,000 | 113,000,000 | ||||||||||||||||
other prepaid expenses | 21,900,000 | 21,100,000 | 14,200,000 | 17,400,000 | 17,800,000 | 19,200,000 | 12,800,000 | 15,800,000 | 19,200,000 | 25,300,000 | 21,300,000 | 20,900,000 | 19,800,000 | 22,300,000 | 20,100,000 | 18,500,000 | 17,800,000 | 19,000,000 | 15,700,000 | 13,900,000 | 14,400,000 | 18,400,000 | 15,000,000 | 15,300,000 | 15,800,000 | 21,900,000 | 24,600,000 | 15,300,000 | 13,900,000 | 18,200,000 | 17,800,000 | 16,500,000 | 13,500,000 | 21,900,000 | 13,700,000 | 18,100,000 | 15,800,000 | 28,200,000 | 22,000,000 | 27,300,000 | 21,900,000 | 32,300,000 | 28,300,000 | 30,700,000 | 26,100,000 | 22,700,000 | 22,700,000 | 19,600,000 |
other current assets | 11,100,000 | 11,700,000 | 10,000,000 | 11,000,000 | 11,800,000 | 12,800,000 | 12,900,000 | 14,400,000 | 15,700,000 | 9,200,000 | 6,900,000 | 7,700,000 | 5,600,000 | 7,900,000 | 8,800,000 | 11,200,000 | 11,700,000 | 14,300,000 | 17,800,000 | 28,000,000 | 33,700,000 | 31,500,000 | 12,400,000 | 7,600,000 | 5,100,000 | 10,500,000 | 7,000,000 | 8,700,000 | 8,400,000 | 9,800,000 | 8,200,000 | 10,800,000 | 9,800,000 | 8,500,000 | 9,200,000 | 11,100,000 | 7,800,000 | 7,300,000 | 9,200,000 | 15,800,000 | 15,300,000 | 14,500,000 | 14,300,000 | 14,900,000 | 12,700,000 | 12,400,000 | 14,100,000 | 11,500,000 |
total current assets | 503,700,000 | 404,900,000 | 355,100,000 | 321,300,000 | 385,800,000 | 343,900,000 | 353,000,000 | 359,400,000 | 397,600,000 | 381,000,000 | 369,900,000 | 339,700,000 | 390,400,000 | 424,000,000 | 441,800,000 | 660,700,000 | 777,300,000 | 801,200,000 | 782,200,000 | 777,500,000 | 974,700,000 | 938,200,000 | 887,700,000 | 782,700,000 | 435,800,000 | 460,000,000 | 846,800,000 | 351,700,000 | 429,500,000 | 430,000,000 | 387,500,000 | 354,400,000 | 376,000,000 | 360,800,000 | 350,200,000 | 311,500,000 | 378,200,000 | 388,200,000 | 369,200,000 | 360,500,000 | 416,600,000 | 463,300,000 | 439,200,000 | 425,900,000 | 355,300,000 | 560,800,000 | 550,500,000 | 437,800,000 |
property and equipment | 643,800,000 | 642,500,000 | 647,500,000 | 648,800,000 | 648,900,000 | 654,100,000 | 656,600,000 | 657,100,000 | 657,800,000 | 693,900,000 | 694,300,000 | 700,100,000 | 699,800,000 | 683,400,000 | 679,600,000 | 652,100,000 | 647,900,000 | 629,600,000 | 631,200,000 | 629,200,000 | 634,200,000 | 644,200,000 | 657,800,000 | 665,800,000 | 666,200,000 | 665,800,000 | 660,400,000 | 654,700,000 | 652,900,000 | 657,500,000 | 663,300,000 | 660,600,000 | 662,100,000 | 671,200,000 | 677,100,000 | 658,400,000 | 665,000,000 | 670,000,000 | 681,100,000 | 691,700,000 | 701,700,000 | 731,200,000 | 747,800,000 | 770,400,000 | 782,900,000 | 704,400,000 | 721,300,000 | 733,600,000 |
goodwill | 2,006,400,000 | 2,006,400,000 | 2,006,400,000 | 2,006,400,000 | 2,006,400,000 | 2,006,400,000 | 2,006,400,000 | 2,006,400,000 | 2,006,400,000 | 2,028,900,000 | 2,029,300,000 | 2,076,500,000 | 2,076,400,000 | 2,076,200,000 | 2,077,500,000 | 2,078,300,000 | 2,077,800,000 | 2,077,800,000 | 2,078,500,000 | 2,078,000,000 | 2,077,800,000 | 2,076,700,000 | 2,082,100,000 | 2,081,300,000 | 2,083,100,000 | 2,082,800,000 | 2,082,400,000 | 2,080,700,000 | 2,079,700,000 | 2,082,600,000 | 2,081,600,000 | 2,126,300,000 | 2,128,000,000 | 2,139,200,000 | 2,135,700,000 | 2,089,700,000 | 2,089,400,000 | 2,090,200,000 | 2,090,700,000 | 2,101,900,000 | 2,074,700,000 | 2,137,500,000 | 2,144,000,000 | 2,146,200,000 | 2,154,200,000 | 1,860,400,000 | 1,864,800,000 | 1,863,200,000 |
intangible assets | 612,000,000 | 622,200,000 | 635,200,000 | 642,900,000 | 652,000,000 | 657,400,000 | 666,200,000 | 682,900,000 | 695,400,000 | 761,500,000 | 779,600,000 | 842,500,000 | 858,500,000 | 812,300,000 | 806,600,000 | 609,500,000 | 614,900,000 | 552,100,000 | 559,000,000 | 545,800,000 | 547,500,000 | 549,400,000 | 559,300,000 | 562,700,000 | 550,900,000 | 548,600,000 | 551,200,000 | 532,000,000 | 537,200,000 | 548,000,000 | 557,200,000 | 568,500,000 | 580,900,000 | 575,100,000 | 572,900,000 | 534,800,000 | 545,300,000 | 561,100,000 | 577,000,000 | 585,900,000 | 570,500,000 | 587,600,000 | 606,800,000 | 620,400,000 | 633,200,000 | 320,100,000 | 335,200,000 | 349,500,000 |
operating lease assets | 1,521,500,000 | 1,513,000,000 | 1,486,700,000 | 1,495,300,000 | 1,503,800,000 | 1,522,300,000 | 1,550,900,000 | 1,577,600,000 | 1,591,900,000 | 1,657,300,000 | 1,679,400,000 | 1,664,100,000 | 1,562,600,000 | 1,525,300,000 | 1,531,200,000 | 1,503,500,000 | 1,485,500,000 | 1,436,900,000 | 1,452,800,000 | 1,437,700,000 | 1,421,300,000 | 1,422,200,000 | 1,452,300,000 | 1,470,900,000 | 1,457,000,000 | 1,408,100,000 | 1,389,000,000 | 1,327,800,000 | ||||||||||||||||||||
other assets | 24,200,000 | 21,500,000 | 18,100,000 | 17,600,000 | 18,300,000 | 19,500,000 | 19,100,000 | 19,500,000 | 19,500,000 | 32,200,000 | 33,400,000 | 34,800,000 | 39,100,000 | 46,000,000 | 44,400,000 | 43,700,000 | 41,500,000 | 40,300,000 | 38,700,000 | 37,500,000 | 36,800,000 | 38,900,000 | 52,200,000 | 52,100,000 | 73,200,000 | 72,600,000 | 57,900,000 | 59,000,000 | 68,800,000 | 64,600,000 | 60,900,000 | 60,900,000 | 61,200,000 | 67,600,000 | 64,800,000 | 62,100,000 | 60,600,000 | 60,800,000 | 63,100,000 | 59,300,000 | 81,700,000 | 90,700,000 | 91,500,000 | 94,300,000 | 98,000,000 | 77,100,000 | 72,200,000 | 74,300,000 |
total assets | 5,311,600,000 | 5,210,500,000 | 5,149,000,000 | 5,132,300,000 | 5,215,200,000 | 5,203,600,000 | 5,252,200,000 | 5,514,000,000 | 5,582,900,000 | 5,554,800,000 | 5,585,900,000 | 6,039,700,000 | 5,990,000,000 | 5,905,800,000 | 5,909,000,000 | 5,843,000,000 | 5,924,700,000 | 5,783,400,000 | 5,772,000,000 | 5,713,900,000 | 5,896,900,000 | 5,870,500,000 | 5,887,100,000 | 5,804,300,000 | 5,382,300,000 | 5,320,900,000 | 5,665,000,000 | 5,077,000,000 | 3,828,700,000 | 3,816,000,000 | 3,775,100,000 | 3,770,700,000 | 3,808,200,000 | 3,813,900,000 | 3,800,700,000 | 3,656,500,000 | 3,738,500,000 | 3,770,300,000 | 3,781,100,000 | 3,799,300,000 | 3,845,200,000 | 4,010,300,000 | 4,029,300,000 | 4,057,200,000 | 4,023,600,000 | 3,522,800,000 | 3,544,000,000 | 3,458,400,000 |
liabilities: | ||||||||||||||||||||||||||||||||||||||||||||||||
current liabilities: | ||||||||||||||||||||||||||||||||||||||||||||||||
accounts payable | 50,200,000 | 39,300,000 | 40,600,000 | 42,400,000 | 51,400,000 | 42,800,000 | 43,100,000 | 54,400,000 | 55,500,000 | 50,100,000 | 54,800,000 | 53,700,000 | 65,400,000 | 52,800,000 | 57,900,000 | 52,600,000 | 64,900,000 | 62,200,000 | 51,600,000 | 56,800,000 | 64,900,000 | 51,900,000 | 45,800,000 | 70,800,000 | 67,900,000 | 53,400,000 | 60,300,000 | 53,300,000 | 68,400,000 | 47,700,000 | 55,000,000 | 51,200,000 | 56,100,000 | 44,400,000 | 55,600,000 | 50,500,000 | 85,600,000 | 71,000,000 | 70,600,000 | 63,800,000 | 83,600,000 | 71,200,000 | 66,000,000 | 69,000,000 | 75,200,000 | 54,300,000 | 60,400,000 | 59,200,000 |
accrued compensation | 72,300,000 | 66,600,000 | 48,900,000 | 37,700,000 | 56,700,000 | 51,900,000 | 38,700,000 | 32,200,000 | 41,400,000 | 42,000,000 | 35,000,000 | 33,000,000 | 68,000,000 | 70,900,000 | 54,400,000 | 43,200,000 | 74,500,000 | 58,200,000 | 44,900,000 | 30,900,000 | 35,000,000 | 25,900,000 | 25,600,000 | 25,500,000 | 56,100,000 | 45,100,000 | 36,200,000 | 24,400,000 | 47,100,000 | 34,400,000 | 27,200,000 | 17,000,000 | 34,600,000 | 25,200,000 | 23,000,000 | 17,100,000 | 33,900,000 | 24,700,000 | 24,200,000 | 24,300,000 | 39,400,000 | 37,400,000 | 34,100,000 | 25,800,000 | 34,600,000 | 28,400,000 | 16,400,000 | 13,200,000 |
accrued interest | 35,100,000 | 23,900,000 | 34,200,000 | 23,000,000 | 34,500,000 | 23,600,000 | 34,900,000 | 23,200,000 | 34,200,000 | 18,700,000 | 31,600,000 | 18,300,000 | 31,100,000 | 17,900,000 | 30,800,000 | 17,400,000 | 30,700,000 | 17,600,000 | 30,400,000 | 17,500,000 | 24,500,000 | 26,400,000 | 27,000,000 | 17,700,000 | 26,400,000 | 23,600,000 | 19,200,000 | 26,000,000 | 19,100,000 | 25,900,000 | 16,000,000 | 24,000,000 | 16,100,000 | 23,900,000 | 16,000,000 | 23,700,000 | 15,700,000 | 23,300,000 | 15,600,000 | 27,200,000 | 19,500,000 | 27,400,000 | 19,800,000 | 27,300,000 | 18,000,000 | 28,400,000 | ||
accrued lease and franchise costs | 72,200,000 | 68,900,000 | 66,300,000 | 59,600,000 | 82,800,000 | 76,900,000 | 67,500,000 | 59,200,000 | 80,000,000 | 72,800,000 | 58,700,000 | 45,700,000 | 64,900,000 | 65,100,000 | 58,900,000 | 50,100,000 | 60,100,000 | 57,200,000 | 48,800,000 | 39,100,000 | 65,800,000 | 54,000,000 | 48,200,000 | 49,200,000 | 55,300,000 | |||||||||||||||||||||||
other accrued expenses | 55,500,000 | 58,000,000 | 59,600,000 | 57,100,000 | 54,300,000 | 50,700,000 | 54,600,000 | 56,200,000 | 56,200,000 | 53,200,000 | 54,300,000 | 52,400,000 | 47,600,000 | 47,800,000 | 45,400,000 | 46,600,000 | 40,300,000 | 39,500,000 | 38,700,000 | 40,000,000 | 38,000,000 | 40,400,000 | 34,300,000 | 33,200,000 | 34,200,000 | 38,400,000 | 39,900,000 | 32,900,000 | 31,200,000 | 38,200,000 | 31,500,000 | 40,400,000 | 42,300,000 | 48,900,000 | 45,300,000 | 49,000,000 | 54,800,000 | 55,100,000 | 46,400,000 | 50,500,000 | 35,300,000 | 45,200,000 | 36,700,000 | 44,400,000 | 47,400,000 | 42,600,000 | 51,500,000 | 49,600,000 |
deferred revenues | 57,700,000 | 42,400,000 | 44,500,000 | 59,500,000 | 42,800,000 | 45,000,000 | 44,300,000 | 52,400,000 | 37,700,000 | 45,800,000 | 48,000,000 | 54,800,000 | 35,300,000 | 43,300,000 | 41,900,000 | 43,000,000 | 30,900,000 | 35,000,000 | 43,700,000 | 42,300,000 | 29,500,000 | 40,600,000 | 38,300,000 | 40,000,000 | 29,000,000 | 38,900,000 | 30,900,000 | 37,300,000 | 29,800,000 | 30,100,000 | 28,800,000 | 34,900,000 | 21,300,000 | 28,800,000 | 27,700,000 | 33,100,000 | 20,200,000 | 26,500,000 | 30,200,000 | 31,000,000 | 20,700,000 | 26,400,000 | 30,500,000 | 33,200,000 | 18,600,000 | 25,700,000 | 26,300,000 | 30,000,000 |
short-term debt | 70,000,000 | 50,000,000 | 10,000,000 | 40,000,000 | 30,000,000 | 120,000,000 | 65,000,000 | 150,000,000 | 135,000,000 | 115,000,000 | 30,000,000 | 80,000,000 | 80,000,000 | 80,000,000 | 210,000,000 | 195,000,000 | 210,000,000 | 546,400,000 | 155,000,000 | 160,000,000 | 175,000,000 | 100,000,000 | 92,000,000 | 80,000,000 | 73,000,000 | 85,000,000 | 35,300,000 | |||||||||||||||||||||
short-term operating lease liabilities | 172,900,000 | 179,000,000 | 178,600,000 | 177,400,000 | 168,700,000 | 177,000,000 | 181,700,000 | 185,600,000 | 180,900,000 | 204,600,000 | 202,900,000 | 201,600,000 | 188,100,000 | 196,700,000 | 196,900,000 | 194,300,000 | 187,500,000 | 188,500,000 | 187,700,000 | 185,700,000 | 176,500,000 | 182,800,000 | 182,200,000 | 180,800,000 | 168,300,000 | 169,400,000 | 161,700,000 | 153,800,000 | ||||||||||||||||||||
other current liabilities | 29,400,000 | 32,600,000 | 37,800,000 | 23,100,000 | 19,600,000 | 19,300,000 | 29,700,000 | 17,600,000 | 18,000,000 | 19,800,000 | 19,400,000 | 19,600,000 | 21,200,000 | 21,600,000 | 19,800,000 | 18,600,000 | 18,800,000 | 18,600,000 | 21,800,000 | 20,400,000 | 20,700,000 | 25,000,000 | 26,300,000 | 15,400,000 | 17,800,000 | 17,700,000 | 18,500,000 | 15,100,000 | 14,700,000 | 17,500,000 | 18,300,000 | 18,700,000 | 18,700,000 | 19,800,000 | 18,000,000 | 16,000,000 | 14,600,000 | 13,000,000 | 15,400,000 | 13,600,000 | 13,300,000 | 22,500,000 | 26,800,000 | 24,400,000 | 27,000,000 | 40,400,000 | 32,800,000 | 31,500,000 |
total current liabilities | 545,300,000 | 510,700,000 | 580,500,000 | 529,800,000 | 520,800,000 | 527,200,000 | 524,500,000 | 622,200,000 | 593,000,000 | 657,000,000 | 639,700,000 | 594,100,000 | 551,600,000 | 516,100,000 | 506,000,000 | 465,800,000 | 507,700,000 | 476,800,000 | 467,600,000 | 432,700,000 | 534,900,000 | 527,000,000 | 507,700,000 | 642,600,000 | 650,000,000 | 645,100,000 | 959,300,000 | 538,500,000 | 402,600,000 | 398,400,000 | 303,400,000 | 304,700,000 | 299,600,000 | 293,800,000 | 297,400,000 | 210,700,000 | 251,500,000 | 236,600,000 | 225,400,000 | 292,100,000 | 265,600,000 | 253,300,000 | 236,300,000 | 249,300,000 | 255,200,000 | 237,900,000 | 203,100,000 | 197,600,000 |
long-term debt | 2,583,400,000 | 2,582,300,000 | 2,484,800,000 | 2,483,700,000 | 2,482,500,000 | 2,481,400,000 | 2,480,200,000 | 2,677,800,000 | 2,676,500,000 | 2,630,000,000 | 2,628,600,000 | 2,627,300,000 | 2,626,000,000 | 2,624,600,000 | 2,623,300,000 | 2,621,900,000 | 2,620,600,000 | 2,619,300,000 | 2,617,900,000 | 2,616,600,000 | 2,620,800,000 | 2,619,600,000 | 2,618,400,000 | 2,718,000,000 | 2,222,100,000 | 2,212,500,000 | 2,245,900,000 | 2,185,700,000 | 2,149,600,000 | 2,158,500,000 | 2,216,500,000 | 2,156,400,000 | 2,145,300,000 | 2,144,700,000 | 2,143,600,000 | 2,142,500,000 | 2,136,800,000 | 2,165,500,000 | 2,184,300,000 | 2,222,900,000 | 2,251,700,000 | 2,301,700,000 | 2,301,700,000 | 2,301,700,000 | 2,198,300,000 | 1,598,200,000 | 1,598,100,000 | 1,598,000,000 |
asset retirement obligation | 34,000,000 | 34,000,000 | 34,300,000 | 34,200,000 | 33,900,000 | 33,700,000 | 33,400,000 | 33,300,000 | 33,000,000 | 38,000,000 | 38,000,000 | 37,800,000 | 37,800,000 | 37,200,000 | 37,300,000 | 36,900,000 | 36,400,000 | 35,800,000 | 35,800,000 | 36,100,000 | 35,900,000 | 35,400,000 | 35,200,000 | 34,800,000 | 35,100,000 | 35,000,000 | 34,800,000 | 34,400,000 | 34,200,000 | 34,600,000 | 34,700,000 | 34,700,000 | 34,700,000 | 34,700,000 | 34,800,000 | 34,600,000 | 34,100,000 | 34,000,000 | 34,000,000 | 33,700,000 | 33,200,000 | 36,200,000 | 36,600,000 | 36,400,000 | 36,600,000 | 32,300,000 | 32,400,000 | 31,900,000 |
operating lease liabilities | 1,374,700,000 | 1,361,000,000 | 1,331,000,000 | 1,336,300,000 | 1,351,800,000 | 1,364,300,000 | 1,382,900,000 | 1,400,800,000 | 1,417,400,000 | 1,459,600,000 | 1,477,800,000 | 1,459,600,000 | 1,369,000,000 | 1,342,300,000 | 1,345,600,000 | 1,319,400,000 | 1,308,400,000 | 1,260,700,000 | 1,275,100,000 | 1,258,400,000 | 1,252,000,000 | 1,248,000,000 | 1,274,200,000 | 1,287,400,000 | 1,285,100,000 | 1,237,700,000 | 1,221,300,000 | 1,166,500,000 | ||||||||||||||||||||
other liabilities | 40,300,000 | 39,000,000 | 38,600,000 | 42,600,000 | 42,200,000 | 43,900,000 | 42,900,000 | 41,900,000 | 42,000,000 | 41,500,000 | 41,600,000 | 40,400,000 | 41,200,000 | 40,400,000 | 40,900,000 | 41,600,000 | 43,900,000 | 53,100,000 | 54,700,000 | 52,700,000 | 55,000,000 | 50,500,000 | 50,700,000 | 49,000,000 | 45,600,000 | 45,700,000 | 49,700,000 | 42,500,000 | 80,000,000 | 81,000,000 | 80,800,000 | 80,600,000 | 82,400,000 | 79,100,000 | 77,800,000 | 76,700,000 | 74,600,000 | 73,500,000 | 71,800,000 | 69,300,000 | 71,200,000 | 70,000,000 | 69,200,000 | 67,200,000 | 70,800,000 | 64,600,000 | 65,600,000 | 65,900,000 |
total liabilities | 4,577,700,000 | 4,527,000,000 | 4,469,200,000 | 4,426,600,000 | 4,431,200,000 | 4,450,500,000 | 4,463,900,000 | 4,866,800,000 | 4,852,800,000 | 4,841,100,000 | 4,841,300,000 | 4,775,400,000 | 4,640,800,000 | 4,575,800,000 | 4,569,700,000 | 4,504,100,000 | 4,534,200,000 | 4,459,400,000 | 4,464,600,000 | 4,409,700,000 | 4,513,200,000 | 4,495,100,000 | 4,500,400,000 | 4,747,300,000 | 4,255,900,000 | 4,194,700,000 | 4,530,100,000 | 3,985,100,000 | 2,683,400,000 | 2,692,300,000 | 2,654,600,000 | 2,593,300,000 | 2,581,600,000 | 2,573,400,000 | 2,574,100,000 | 2,471,200,000 | 2,505,500,000 | 2,518,900,000 | 2,525,500,000 | 2,629,100,000 | 2,632,600,000 | 2,676,300,000 | 2,659,000,000 | 2,669,200,000 | 2,578,100,000 | 1,955,800,000 | 2,174,900,000 | 2,172,900,000 |
commitments and contingencies | ||||||||||||||||||||||||||||||||||||||||||||||||
redeemable noncontrolling interests | 22,000,000 | 19,600,000 | 19,400,000 | 17,400,000 | 13,600,000 | 13,500,000 | ||||||||||||||||||||||||||||||||||||||||||
preferred stock | 119,800,000 | 119,800,000 | 119,800,000 | 119,800,000 | 119,800,000 | 119,800,000 | 119,800,000 | 119,800,000 | 119,800,000 | 119,800,000 | 119,800,000 | 119,800,000 | 119,800,000 | 119,800,000 | 119,800,000 | 383,400,000 | 383,400,000 | 383,400,000 | 383,400,000 | 383,400,000 | 383,400,000 | |||||||||||||||||||||||||||
stockholders’ equity | ||||||||||||||||||||||||||||||||||||||||||||||||
common stock | 1,800,000 | 1,700,000 | 1,700,000 | 1,700,000 | 1,700,000 | 1,700,000 | 1,700,000 | 1,700,000 | 1,700,000 | 1,700,000 | 1,600,000 | 1,600,000 | 1,600,000 | 1,600,000 | 1,500,000 | 1,500,000 | 1,500,000 | 1,400,000 | 1,400,000 | 1,400,000 | 1,400,000 | 1,400,000 | 1,400,000 | 1,400,000 | ||||||||||||||||||||||||
additional paid-in capital | 2,619,300,000 | 2,494,500,000 | 2,489,800,000 | 2,484,400,000 | 2,493,600,000 | 2,410,100,000 | 2,439,300,000 | 2,431,900,000 | 2,432,200,000 | 2,426,700,000 | 2,419,600,000 | 2,411,800,000 | 2,416,300,000 | 2,408,400,000 | 2,399,800,000 | 2,391,300,000 | 2,119,000,000 | 2,110,600,000 | 2,103,100,000 | 2,095,500,000 | 2,090,800,000 | 2,084,000,000 | 2,078,800,000 | 2,072,800,000 | 2,074,700,000 | 2,067,600,000 | 2,057,900,000 | 2,012,000,000 | 1,995,000,000 | 1,974,500,000 | 1,965,500,000 | 1,960,600,000 | 1,963,000,000 | 1,958,700,000 | 1,953,900,000 | 1,948,600,000 | 1,949,500,000 | 1,945,400,000 | 1,939,300,000 | 1,935,000,000 | 1,934,300,000 | 1,929,300,000 | 1,925,100,000 | 1,920,600,000 | 1,911,200,000 | 1,456,600,000 | 1,452,900,000 | 1,350,300,000 |
distribution in excess of earnings | -1,910,800,000 | -1,953,400,000 | -1,952,300,000 | -1,919,100,000 | -1,846,200,000 | -1,793,300,000 | -1,775,800,000 | -1,900,500,000 | -1,821,100,000 | -1,829,800,000 | -1,794,900,000 | -1,264,200,000 | -1,183,400,000 | -1,191,100,000 | -1,180,400,000 | -1,176,800,000 | -1,122,000,000 | -1,171,500,000 | -1,183,000,000 | -1,175,100,000 | -1,100,400,000 | -1,097,700,000 | -1,077,200,000 | -1,013,800,000 | -964,600,000 | -957,300,000 | -943,900,000 | -941,900,000 | -871,600,000 | -877,600,000 | -873,500,000 | -817,400,000 | -775,600,000 | -760,300,000 | -760,300,000 | -747,400,000 | -699,500,000 | -679,100,000 | -670,200,000 | -651,300,000 | -602,200,000 | -480,800,000 | -455,300,000 | -430,800,000 | -377,000,000 | -15,200,000 | ||
accumulated other comprehensive loss | 100,000 | -200,000 | -100,000 | -100,000 | -100,000 | -300,000 | -300,000 | -8,900,000 | -5,800,000 | -8,500,000 | -6,300,000 | -8,800,000 | -9,100,000 | -12,900,000 | -5,600,000 | -1,400,000 | -4,400,000 | -13,700,000 | -11,700,000 | -15,500,000 | -18,000,000 | -23,100,000 | -26,900,000 | -31,800,000 | -17,700,000 | -18,700,000 | -17,700,000 | -20,200,000 | -22,000,000 | -16,900,000 | -18,600,000 | -12,800,000 | -7,700,000 | -4,800,000 | -13,100,000 | -17,400,000 | -18,500,000 | -16,300,000 | -14,900,000 | -114,900,000 | -120,900,000 | -115,900,000 | -100,900,000 | -103,200,000 | -90,100,000 | -79,200,000 | -69,800,000 | -73,100,000 |
total stockholders’ equity | 710,400,000 | 542,600,000 | 539,100,000 | 566,900,000 | 649,000,000 | 618,200,000 | 664,900,000 | 524,200,000 | 607,000,000 | 590,100,000 | 620,100,000 | 1,140,400,000 | 1,225,400,000 | 1,206,000,000 | 1,215,400,000 | 1,214,700,000 | 994,100,000 | 926,900,000 | 909,900,000 | 906,400,000 | 973,800,000 | 964,600,000 | 976,100,000 | 1,028,600,000 | 1,093,800,000 | 1,093,000,000 | 1,097,700,000 | 1,051,300,000 | 1,102,800,000 | 1,081,400,000 | 1,074,800,000 | 1,131,800,000 | 1,181,100,000 | 1,195,000,000 | 1,181,900,000 | 1,185,200,000 | 1,232,900,000 | 1,251,400,000 | 1,255,600,000 | 1,170,200,000 | 1,212,600,000 | 1,334,000,000 | 1,370,300,000 | 1,388,000,000 | 1,445,500,000 | 1,567,000,000 | 1,369,100,000 | 1,285,500,000 |
noncontrolling interests | 1,500,000 | 1,500,000 | 1,500,000 | 1,600,000 | 1,600,000 | 1,600,000 | ||||||||||||||||||||||||||||||||||||||||||
total liabilities and equity | 5,311,600,000 | 5,210,500,000 | 5,149,000,000 | 5,132,300,000 | 5,215,200,000 | 5,203,600,000 | 5,252,200,000 | 5,514,000,000 | 5,582,900,000 | 5,554,800,000 | 5,585,900,000 | 6,039,700,000 | 5,990,000,000 | 5,905,800,000 | 5,909,000,000 | 5,843,000,000 | 5,924,700,000 | 5,783,400,000 | 5,772,000,000 | 5,713,900,000 | 5,896,900,000 | 5,870,500,000 | 5,887,100,000 | 5,804,300,000 | 5,382,300,000 | 5,320,900,000 | 5,665,000,000 | 5,077,000,000 | 3,828,700,000 | 3,816,000,000 | 3,775,100,000 | 3,770,700,000 | 3,808,200,000 | 3,813,900,000 | 3,800,700,000 | 3,656,500,000 | 3,738,500,000 | |||||||||||
receivables, less allowance | 306,300,000 | 299,600,000 | 258,500,000 | 281,200,000 | 274,500,000 | 251,700,000 | 296,400,000 | 293,000,000 | 260,100,000 | 303,000,000 | 288,400,000 | 265,000,000 | 245,900,000 | 206,400,000 | 164,900,000 | 191,400,000 | 200,000,000 | 260,800,000 | 290,700,000 | 277,900,000 | 229,100,000 | 260,800,000 | 239,900,000 | 188,800,000 | 240,600,000 | 237,700,000 | 181,900,000 | 216,500,000 | 213,600,000 | 189,000,000 | 227,100,000 | 224,400,000 | 201,000,000 | 175,600,000 | 169,600,000 | 155,200,000 | ||||||||||||
receivables, less allowances of 20.6 in 2024 and 17.2 in 2023 | 305,300,000 | |||||||||||||||||||||||||||||||||||||||||||||||
assets held for sale | 31,800,000 | 34,600,000 | 4,800,000 | 5,200,000 | ||||||||||||||||||||||||||||||||||||||||||||
liabilities held for sale | 21,400,000 | 24,100,000 | 21,500,000 | 25,000,000 | ||||||||||||||||||||||||||||||||||||||||||||
non-controlling interests | 3,600,000 | 3,200,000 | 3,300,000 | 3,800,000 | 4,700,000 | 4,100,000 | 4,000,000 | 4,200,000 | 4,100,000 | 4,400,000 | 13,000,000 | 13,700,000 | 14,100,000 | 14,400,000 | 26,500,000 | 27,400,000 | 27,200,000 | 28,400,000 | 32,600,000 | 33,200,000 | 37,200,000 | 40,600,000 | 42,500,000 | 42,300,000 | 45,700,000 | 45,600,000 | 45,500,000 | 45,500,000 | 44,700,000 | 100,000 | 100,000 | |||||||||||||||||
total equity | 788,300,000 | 647,200,000 | 730,100,000 | 713,700,000 | 744,600,000 | 1,264,300,000 | 1,349,200,000 | 1,330,000,000 | 1,339,300,000 | 1,338,900,000 | 1,390,500,000 | 1,324,000,000 | 1,307,400,000 | 1,304,200,000 | 1,383,700,000 | 1,375,400,000 | 1,386,700,000 | 1,057,000,000 | 1,126,400,000 | 1,126,200,000 | 1,134,900,000 | 1,091,900,000 | 1,145,300,000 | 1,123,700,000 | 1,120,500,000 | 1,177,400,000 | 1,226,600,000 | 1,240,500,000 | 1,226,600,000 | 1,185,300,000 | 1,233,000,000 | |||||||||||||||||
receivables, less allowances of 17.2 in 2023 and 20.2 in 2022 | 287,600,000 | |||||||||||||||||||||||||||||||||||||||||||||||
prepaid mta equipment deployment costs | 382,000,000 | 363,200,000 | 2,300,000 | 327,900,000 | 295,200,000 | 279,800,000 | 245,500,000 | 229,600,000 | 208,200,000 | 4,100,000 | 900,000 | 55,400,000 | 60,700,000 | 48,400,000 | 31,100,000 | 18,900,000 | 20,200,000 | 11,900,000 | 11,900,000 | |||||||||||||||||||||||||||||
deferred income tax liabilities | 15,000,000 | 15,600,000 | 16,200,000 | 15,200,000 | 15,200,000 | 16,600,000 | 18,500,000 | 17,200,000 | 13,700,000 | 13,500,000 | 13,200,000 | 14,600,000 | 14,600,000 | 14,200,000 | 15,500,000 | 18,000,000 | 18,700,000 | 19,100,000 | 17,500,000 | 17,000,000 | 19,800,000 | 19,200,000 | 16,900,000 | 19,600,000 | 21,100,000 | 20,500,000 | 6,700,000 | 8,500,000 | 9,300,000 | 10,000,000 | 11,100,000 | 10,900,000 | 15,100,000 | 15,200,000 | 14,600,000 | 17,200,000 | 22,800,000 | 275,700,000 | 279,500,000 | |||||||||
common stock 2023 - 450.0 shares authorized, and 165.1 shares issued and outstanding; 2022 - 450.0 shares authorized, and 164.2 shares issued or outstanding) | 1,700,000 | |||||||||||||||||||||||||||||||||||||||||||||||
prepaid lease and franchise costs | 5,700,000 | 6,500,000 | 8,200,000 | 9,100,000 | 7,000,000 | 7,500,000 | 10,300,000 | 12,500,000 | 11,700,000 | 11,700,000 | 9,100,000 | 5,400,000 | 4,700,000 | 6,600,000 | 8,500,000 | 8,600,000 | ||||||||||||||||||||||||||||||||
receivables, less allowances of 20.2 in 2022 and 18.5 in 2021 | 315,500,000 | |||||||||||||||||||||||||||||||||||||||||||||||
common stock 2022 - 450.0 shares authorized, and 164.2 shares issued and outstanding; 2021 - 450.0 shares authorized, and 145.6 shares issued or outstanding) | 1,600,000 | |||||||||||||||||||||||||||||||||||||||||||||||
restricted cash | 1,600,000 | 1,600,000 | 1,600,000 | 1,600,000 | 1,800,000 | 1,800,000 | 1,800,000 | 5,400,000 | 1,400,000 | 1,400,000 | 1,400,000 | 1,400,000 | ||||||||||||||||||||||||||||||||||||
receivables, less allowances of 18.5 in 2021 and 26.3 in 2020 | 310,500,000 | |||||||||||||||||||||||||||||||||||||||||||||||
common stock 2021 - 450.0 shares authorized, and 145.6 shares issued and outstanding; 2020 - 450.0 shares authorized, and 144.5 shares issued or outstanding) | 1,500,000 | |||||||||||||||||||||||||||||||||||||||||||||||
receivables, less allowances of 26.3 in 2020 and 12.1 in 2019 | 209,200,000 | |||||||||||||||||||||||||||||||||||||||||||||||
common stock 2020 - 450.0 shares authorized, and 144.5 shares issued and outstanding; 2019 - 450.0 shares authorized, and 143.6 shares issued or outstanding) | 1,400,000 | |||||||||||||||||||||||||||||||||||||||||||||||
preferred stock (2020 - 50.0 shares authorized, and 0.4 shares of series a preferred stock issued and | ||||||||||||||||||||||||||||||||||||||||||||||||
outstanding; 2019 - 50.0 shares authorized, and no shares issued and outstanding) | 383,400,000 | |||||||||||||||||||||||||||||||||||||||||||||||
common stock (2020 - 450.0 shares authorized, and 144.4 shares issued | ||||||||||||||||||||||||||||||||||||||||||||||||
and outstanding; 2019 - 450.0 shares authorized, and 143.6 issued and outstanding) | 1,400,000 | 1,400,000 | ||||||||||||||||||||||||||||||||||||||||||||||
receivables, less allowances of 12.1 in 2019 and 10.7 in 2018 | 290,000,000 | |||||||||||||||||||||||||||||||||||||||||||||||
accrued lease and transit franchise costs | 48,600,000 | 46,200,000 | 40,700,000 | |||||||||||||||||||||||||||||||||||||||||||||
common stock (2019 - 450.0 shares authorized, and 143.5 shares issued | ||||||||||||||||||||||||||||||||||||||||||||||||
and outstanding; 2018 - 450.0 shares authorized, and 140.2 issued and outstanding) | 1,400,000 | 1,400,000 | 1,400,000 | |||||||||||||||||||||||||||||||||||||||||||||
common stock (2019 - 450.0 shares authorized, and 143.3 shares issued | ||||||||||||||||||||||||||||||||||||||||||||||||
common stock (2019 - 450.0 shares authorized, and 141.6 shares issued | ||||||||||||||||||||||||||||||||||||||||||||||||
receivables, less allowances of 10.7 in 2018 and 11.5 in 2017 | 264,900,000 | |||||||||||||||||||||||||||||||||||||||||||||||
accrued lease costs | 32,300,000 | 29,600,000 | 26,600,000 | 26,500,000 | 30,500,000 | 29,800,000 | 26,800,000 | 21,300,000 | 26,700,000 | 23,000,000 | 23,000,000 | 24,900,000 | 28,800,000 | 23,200,000 | 22,400,000 | 25,200,000 | 34,400,000 | 18,100,000 | 15,700,000 | 14,100,000 | ||||||||||||||||||||||||||||
common stock (2018 - 450.0 shares authorized, and 139.5 shares issued | ||||||||||||||||||||||||||||||||||||||||||||||||
and outstanding; 2017 - 450.0 shares authorized, and 138.6 issued and outstanding) | 1,400,000 | 1,400,000 | 1,400,000 | |||||||||||||||||||||||||||||||||||||||||||||
common stock (2018 - 450.0 shares authorized, and 139.3 shares issued | ||||||||||||||||||||||||||||||||||||||||||||||||
common stock (2018 - 450.0 shares authorized, and 139.2 shares issued | ||||||||||||||||||||||||||||||||||||||||||||||||
receivables, less allowances of 11.5 in 2017 and 9.2 in 2016 | 231,100,000 | |||||||||||||||||||||||||||||||||||||||||||||||
common stock (2017 - 450.0 shares authorized, and 138.6 shares issued | ||||||||||||||||||||||||||||||||||||||||||||||||
and outstanding; 2016 - 450.0 shares authorized, and 138.0 issued and outstanding) | 1,400,000 | 1,400,000 | 1,400,000 | |||||||||||||||||||||||||||||||||||||||||||||
receivables, less allowances of 9.2 in 2016 and 8.9 in 2015 | 222,000,000 | |||||||||||||||||||||||||||||||||||||||||||||||
common stock (2016 - 450.0 shares authorized, and 138.0 shares issued | ||||||||||||||||||||||||||||||||||||||||||||||||
and outstanding; 2015 - 450.0 shares authorized, and 137.6 issued and outstanding) | 1,400,000 | 1,400,000 | 1,400,000 | |||||||||||||||||||||||||||||||||||||||||||||
total liabilities and stockholders’ equity | 3,770,300,000 | 3,781,100,000 | 3,799,300,000 | 3,845,200,000 | 4,010,300,000 | 4,029,300,000 | 4,057,200,000 | |||||||||||||||||||||||||||||||||||||||||
common stock (2016 - 450.0 shares authorized, and 137.9 shares issued | ||||||||||||||||||||||||||||||||||||||||||||||||
receivables, less allowances of 8.9 in 2015 and 14.2 in 2014 | 209,500,000 | |||||||||||||||||||||||||||||||||||||||||||||||
deferred income tax assets | 1,600,000 | 1,500,000 | 1,700,000 | 1,700,000 | 2,300,000 | 2,000,000 | 24,600,000 | 24,600,000 | ||||||||||||||||||||||||||||||||||||||||
common stock (2015 - 450.0 shares authorized, and 137.5 shares issued | ||||||||||||||||||||||||||||||||||||||||||||||||
and outstanding; 2014 - 450.0 shares authorized, and 136.6 issued and outstanding) | 1,400,000 | 1,400,000 | 1,400,000 | |||||||||||||||||||||||||||||||||||||||||||||
common stock (2015 - 450.0 shares authorized, and 137.2 shares issued | ||||||||||||||||||||||||||||||||||||||||||||||||
receivables, less allowances of 14.2 in 2014 and 15.7 in 2013 | 217,500,000 | |||||||||||||||||||||||||||||||||||||||||||||||
stockholders’ equity/invested equity | ||||||||||||||||||||||||||||||||||||||||||||||||
invested capital | ||||||||||||||||||||||||||||||||||||||||||||||||
total invested equity | ||||||||||||||||||||||||||||||||||||||||||||||||
total liabilities and stockholders’ equity/invested equity | 4,023,600,000 | 3,522,800,000 | 3,544,000,000 | 3,458,400,000 | ||||||||||||||||||||||||||||||||||||||||||||
common stock (2014 - 450.0 shares authorized, and 120.0 shares issued | ||||||||||||||||||||||||||||||||||||||||||||||||
and outstanding; 2013 - no shares authorized, issued or outstanding) | 1,200,000 | 1,200,000 | 1,000,000 | |||||||||||||||||||||||||||||||||||||||||||||
retained earnings | 188,400,000 | 7,300,000 | ||||||||||||||||||||||||||||||||||||||||||||||
common stock (2014 - 450.0 shares authorized, and 97.0 shares issued |
Cashflow Statements:
Quarterly
Annual
| Unit: USD | 2025-12-31 | 2025-09-30 | 2025-06-30 | 2025-03-31 | 2024-12-31 | 2024-09-30 | 2024-06-30 | 2024-03-31 | 2023-12-31 | 2023-09-30 | 2023-06-30 | 2023-03-31 | 2022-12-31 | 2022-09-30 | 2022-06-30 | 2022-03-31 | 2021-12-31 | 2021-09-30 | 2021-06-30 | 2021-03-31 | 2020-12-31 | 2020-09-30 | 2020-06-30 | 2020-03-31 | 2019-12-31 | 2019-09-30 | 2019-06-30 | 2019-03-31 | 2018-12-31 | 2018-09-30 | 2018-06-30 | 2018-03-31 | 2017-12-31 | 2017-09-30 | 2017-06-30 | 2017-03-31 | 2016-12-31 | 2016-09-30 | 2016-06-30 | 2016-03-31 | 2015-12-31 | 2015-09-30 | 2015-06-30 | 2015-03-31 | 2014-12-31 | 2014-09-30 | 2014-06-30 | 2014-03-31 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
operating activities: | ||||||||||||||||||||||||||||||||||||||||||||||||
net income attributable to outfront media inc. | 96,800,000 | 51,300,000 | 19,500,000 | -20,600,000 | 74,000,000 | 34,600,000 | 176,800,000 | -27,200,000 | 60,400,000 | 17,000,000 | -478,900,000 | -28,900,000 | 59,200,000 | 40,800,000 | -67,700,000 | 4,300,000 | -13,500,000 | -57,900,000 | 6,100,000 | |||||||||||||||||||||||||||||
adjustments to reconcile net income to net cash flow from operating activities: | ||||||||||||||||||||||||||||||||||||||||||||||||
net income attributable to redeemable and non-redeemable noncontrolling interests | 0 | -100,000 | 0 | |||||||||||||||||||||||||||||||||||||||||||||
depreciation and amortization | 38,500,000 | 40,000,000 | 41,000,000 | 40,700,000 | 42,400,000 | 37,300,000 | 35,700,000 | 36,100,000 | 38,400,000 | 39,000,000 | 41,200,000 | 41,900,000 | 39,800,000 | 40,100,000 | 36,700,000 | 34,100,000 | 36,400,000 | 36,300,000 | 36,300,000 | 36,400,000 | 10,200,000 | 45,400,000 | 42,900,000 | 47,300,000 | 48,600,000 | 51,100,000 | 49,000,000 | 45,800,000 | 48,300,000 | 46,800,000 | 46,300,000 | 43,600,000 | 46,900,000 | 47,800,000 | 48,500,000 | 46,600,000 | 52,900,000 | 55,000,000 | 58,900,000 | 57,400,000 | 57,900,000 | 57,500,000 | 57,200,000 | 56,500,000 | 55,600,000 | 49,500,000 | 49,100,000 | 48,000,000 |
deferred tax benefit | 1,000,000 | -1,700,000 | -1,200,000 | -1,300,000 | 500,000 | -1,900,000 | -5,200,000 | -1,800,000 | -2,200,000 | 3,500,000 | -100,000 | 1,400,000 | -400,000 | 900,000 | -2,300,000 | -3,500,000 | -1,800,000 | -1,900,000 | 1,900,000 | -1,300,000 | -500,000 | -1,600,000 | 800,000 | -500,000 | -400,000 | -6,100,000 | -6,800,000 | |||||||||||||||||||||
stock-based compensation | 6,700,000 | 5,600,000 | 8,200,000 | 9,500,000 | 9,000,000 | 7,000,000 | 7,600,000 | 7,200,000 | 5,500,000 | 7,200,000 | 7,900,000 | 7,800,000 | 8,800,000 | 8,600,000 | 8,500,000 | 7,900,000 | 7,900,000 | 7,200,000 | 7,500,000 | 6,000,000 | 6,500,000 | 5,400,000 | 6,100,000 | 5,800,000 | 5,900,000 | 5,600,000 | 5,500,000 | 5,300,000 | 4,800,000 | 4,800,000 | 5,600,000 | 5,000,000 | 4,400,000 | 5,200,000 | 5,500,000 | 5,400,000 | 4,200,000 | 4,500,000 | 4,500,000 | 4,800,000 | 3,500,000 | 3,700,000 | 4,400,000 | 3,600,000 | 5,100,000 | 6,200,000 | 2,900,000 | 1,800,000 |
provision for doubtful accounts | 2,600,000 | 1,100,000 | 1,500,000 | 2,000,000 | 3,300,000 | -900,000 | -1,600,000 | -2,800,000 | 2,700,000 | 6,100,000 | 3,200,000 | 8,100,000 | 800,000 | 700,000 | ||||||||||||||||||||||||||||||||||
accretion expense | 700,000 | 700,000 | 700,000 | 700,000 | 700,000 | 700,000 | 700,000 | 800,000 | 800,000 | 800,000 | 700,000 | 800,000 | 700,000 | 700,000 | 700,000 | 700,000 | 700,000 | 700,000 | 600,000 | 700,000 | 700,000 | 600,000 | 700,000 | 600,000 | 600,000 | 600,000 | 700,000 | 600,000 | 600,000 | 600,000 | 600,000 | 600,000 | 500,000 | 600,000 | 600,000 | 600,000 | 600,000 | 600,000 | 600,000 | 600,000 | 600,000 | 700,000 | 600,000 | 600,000 | ||||
net gain on dispositions | 200,000 | -300,000 | -900,000 | -400,000 | -2,900,000 | -300,000 | -400,000 | -8,000,000 | -5,200,000 | -100,000 | -800,000 | -1,900,000 | 400,000 | -1,500,000 | -1,300,000 | -300,000 | -500,000 | 0 | -900,000 | |||||||||||||||||||||||||||||
impairment charges | 0 | 0 | ||||||||||||||||||||||||||||||||||||||||||||||
loss on extinguishment of debt | 0 | 0 | 0 | 0 | 0 | 0 | 6,300,000 | 17,500,000 | ||||||||||||||||||||||||||||||||||||||||
equity in earnings of investee companies, net of tax | -300,000 | -300,000 | 0 | -1,900,000 | -100,000 | 200,000 | -200,000 | 200,000 | 300,000 | 800,000 | -900,000 | -400,000 | -1,200,000 | -300,000 | -800,000 | -1,100,000 | 100,000 | 400,000 | 100,000 | 600,000 | 300,000 | -400,000 | -1,800,000 | -1,400,000 | -1,700,000 | -800,000 | -1,400,000 | -700,000 | -1,200,000 | -800,000 | -1,000,000 | -1,400,000 | -1,500,000 | -900,000 | -1,500,000 | -1,400,000 | -1,400,000 | -1,000,000 | -1,200,000 | -1,700,000 | -1,100,000 | -800,000 | -1,500,000 | -600,000 | -200,000 | -600,000 | ||
distributions from investee companies | 200,000 | 100,000 | 0 | 300,000 | 200,000 | 100,000 | 100,000 | 700,000 | 100,000 | 100,000 | 0 | 800,000 | 1,400,000 | 100,000 | 100,000 | 300,000 | 200,000 | 100,000 | 100,000 | 300,000 | 100,000 | 200,000 | 700,000 | 1,200,000 | 1,800,000 | 1,500,000 | 900,000 | 700,000 | 1,500,000 | 200,000 | 1,100,000 | 200,000 | 5,200,000 | 100,000 | 400,000 | 1,600,000 | 3,100,000 | 300,000 | 5,000,000 | 300,000 | 1,700,000 | 700,000 | 4,200,000 | 0 | 200,000 | 3,000,000 | ||
amortization of deferred financing costs and debt discount | 1,400,000 | 1,400,000 | 1,500,000 | 1,500,000 | 1,500,000 | 1,500,000 | 1,500,000 | 1,600,000 | 1,600,000 | 1,500,000 | 1,400,000 | 8,800,000 | ||||||||||||||||||||||||||||||||||||
change in assets and liabilities, net of investing and financing activities: | ||||||||||||||||||||||||||||||||||||||||||||||||
increase in receivables | -300,000 | -13,700,000 | -6,300,000 | -22,300,000 | ||||||||||||||||||||||||||||||||||||||||||||
increase in prepaid mta equipment deployment costs | 0 | 0 | -3,000,000 | -18,800,000 | -22,300,000 | -13,000,000 | -32,700,000 | -15,400,000 | -34,300,000 | -15,900,000 | -21,400,000 | -3,600,000 | -3,700,000 | -1,100,000 | -10,100,000 | -18,200,000 | -27,800,000 | -18,000,000 | -23,500,000 | -22,700,000 | -26,000,000 | -17,000,000 | -24,600,000 | -7,200,000 | ||||||||||||||||||||||||
decrease in prepaid expenses and other current assets | 500,000 | -6,700,000 | 4,200,000 | -2,700,000 | 1,100,000 | 3,400,000 | 5,400,000 | -600,000 | 9,000,000 | 1,200,000 | ||||||||||||||||||||||||||||||||||||||
increase in accounts payable and accrued expenses | 15,900,000 | 38,100,000 | 23,800,000 | 33,300,000 | ||||||||||||||||||||||||||||||||||||||||||||
increase in operating lease assets and liabilities | -3,400,000 | 4,000,000 | 5,600,000 | 2,100,000 | -4,100,000 | 5,700,000 | 5,000,000 | 3,600,000 | -4,000,000 | 5,700,000 | 4,700,000 | 4,200,000 | -21,100,000 | 2,800,000 | 1,200,000 | 1,700,000 | -4,600,000 | 2,900,000 | 1,700,000 | 400,000 | -2,700,000 | 5,100,000 | 7,000,000 | 1,300,000 | ||||||||||||||||||||||||
increase in deferred revenues | 15,300,000 | -2,100,000 | -15,000,000 | 16,700,000 | -2,200,000 | 700,000 | -8,100,000 | 14,700,000 | -7,000,000 | -2,200,000 | -6,800,000 | 19,500,000 | -8,000,000 | 1,500,000 | -1,100,000 | 12,100,000 | -4,100,000 | -8,600,000 | 1,300,000 | 12,800,000 | -11,200,000 | 2,800,000 | -1,800,000 | 11,100,000 | -9,900,000 | 8,000,000 | -6,400,000 | 7,500,000 | -300,000 | 1,300,000 | -6,100,000 | 13,600,000 | ||||||||||||||||
increase in income taxes | -100,000 | 600,000 | -1,200,000 | 500,000 | 400,000 | -10,300,000 | 9,400,000 | 1,200,000 | 500,000 | -500,000 | ||||||||||||||||||||||||||||||||||||||
decrease in assets and liabilities held for sale | 0 | 0 | -1,600,000 | -500,000 | ||||||||||||||||||||||||||||||||||||||||||||
other | -5,400,000 | -7,400,000 | 10,100,000 | 4,300,000 | -1,900,000 | 500,000 | 2,300,000 | -1,400,000 | -2,000,000 | -1,400,000 | -200,000 | -1,100,000 | 1,500,000 | 800,000 | 1,200,000 | -2,700,000 | -3,500,000 | -3,600,000 | 4,000,000 | 1,300,000 | -1,000,000 | -900,000 | 12,400,000 | -6,500,000 | -9,800,000 | 2,500,000 | 3,500,000 | 6,200,000 | -14,000,000 | -5,200,000 | 500,000 | 400,000 | -500,000 | 0 | 0 | -200,000 | -5,500,000 | 0 | 0 | -200,000 | -500,000 | 0 | -200,000 | -400,000 | -100,000 | |||
net cash flow from operating activities | 118,100,000 | 88,800,000 | 124,500,000 | 73,100,000 | 105,000,000 | 61,500,000 | 79,300,000 | 73,700,000 | 80,600,000 | 20,500,000 | 53,700,000 | 31,500,000 | 24,400,000 | -10,800,000 | 44,600,000 | 35,300,000 | 35,800,000 | 14,900,000 | 5,800,000 | 119,700,000 | ||||||||||||||||||||||||||||
investing activities: | ||||||||||||||||||||||||||||||||||||||||||||||||
capital expenditures | -24,800,000 | -21,100,000 | -25,700,000 | -17,200,000 | -18,200,000 | -17,600,000 | -23,900,000 | -18,400,000 | -23,200,000 | -18,700,000 | -22,300,000 | -22,600,000 | -23,200,000 | -24,800,000 | -24,900,000 | -16,900,000 | -32,600,000 | -15,700,000 | -16,100,000 | -9,400,000 | -11,500,000 | -10,100,000 | -13,700,000 | -18,200,000 | -24,500,000 | -25,800,000 | -21,500,000 | -18,100,000 | -20,200,000 | -15,700,000 | -29,600,000 | -16,800,000 | -12,200,000 | -16,400,000 | -25,600,000 | -16,600,000 | -13,800,000 | -15,600,000 | -15,600,000 | -14,400,000 | -16,200,000 | -15,300,000 | -14,600,000 | -13,100,000 | -20,600,000 | -24,500,000 | -10,900,000 | -8,200,000 |
acquisitions | -2,700,000 | -1,900,000 | -2,800,000 | -5,700,000 | -8,300,000 | -3,600,000 | -1,600,000 | -6,000,000 | -3,000,000 | -3,300,000 | -22,300,000 | -5,100,000 | -75,000,000 | -30,300,000 | -239,000,000 | -9,600,000 | -81,500,000 | -12,300,000 | -26,900,000 | -15,800,000 | -2,600,000 | -1,900,000 | -7,000,000 | -6,600,000 | -9,000,000 | -26,300,000 | -26,900,000 | -7,500,000 | -1,400,000 | -1,300,000 | -200,000 | -4,100,000 | -7,300,000 | -5,000,000 | -56,900,000 | -900,000 | -3,200,000 | -3,400,000 | -800,000 | -60,500,000 | -1,000,000 | -900,000 | -300,000 | -9,900,000 | ||||
mta franchise rights | -4,100,000 | -3,000,000 | -8,500,000 | -4,000,000 | -5,000,000 | 0 | 0 | 700,000 | -100,000 | 0 | -1,700,000 | -3,000,000 | -2,100,000 | -4,400,000 | -2,100,000 | -5,800,000 | -4,200,000 | -9,200,000 | -7,100,000 | -4,500,000 | -2,800,000 | -7,100,000 | -6,200,000 | -5,300,000 | -5,400,000 | -3,900,000 | -3,300,000 | -4,700,000 | -1,400,000 | |||||||||||||||||||
net proceeds from dispositions | 5,200,000 | 200,000 | 200,000 | 700,000 | 600,000 | 304,000,000 | 5,400,000 | 100,000 | 100,000 | 100,000 | 200,000 | 300,000 | 800,000 | 600,000 | 100,000 | 1,100,000 | 33,200,000 | 2,400,000 | 300,000 | 2,700,000 | 0 | 2,200,000 | 2,600,000 | 3,200,000 | 200,000 | 1,500,000 | 0 | 100,000 | 2,500,000 | 87,600,000 | 300,000 | 0 | 8,100,000 | 700,000 | ||||||||||||||
investment in investee companies | 0 | 0 | ||||||||||||||||||||||||||||||||||||||||||||||
return of investment in investee companies | 0 | 0 | 0 | 1,500,000 | 1,100,000 | 100,000 | 200,000 | 600,000 | 100,000 | |||||||||||||||||||||||||||||||||||||||
net cash flow from investing activities | -26,400,000 | -25,800,000 | -23,200,000 | -28,800,000 | ||||||||||||||||||||||||||||||||||||||||||||
financing activities: | ||||||||||||||||||||||||||||||||||||||||||||||||
proceeds from long-term debt borrowings | 0 | 0 | 0 | 0 | 500,000,000 | 0 | 0 | 400,000,000 | 495,000,000 | 510,000,000 | 55,000,000 | 670,000,000 | 35,000,000 | 15,000,000 | 10,000,000 | 69,000,000 | 10,000,000 | 0 | 0 | 1,598,000,000 | ||||||||||||||||||||||||||||
repayments of long-term debt borrowings | 0 | 0 | 0 | 0 | 0 | 0 | -500,000,000 | 0 | 0 | -496,500,000 | -640,000,000 | -25,000,000 | -69,000,000 | |||||||||||||||||||||||||||||||||||
proceeds from borrowings under short-term debt facilities | 0 | 0 | 40,000,000 | 50,000,000 | 10,000,000 | 40,000,000 | 30,000,000 | 65,000,000 | 0 | 15,000,000 | 20,000,000 | 85,000,000 | 0 | 0 | 0 | 15,000,000 | 225,000,000 | 250,000,000 | 15,000,000 | 15,000,000 | 45,000,000 | 125,000,000 | 18,000,000 | 57,000,000 | 27,000,000 | |||||||||||||||||||||||
repayments of borrowings under short-term debt facilities | 0 | -70,000,000 | -20,000,000 | -10,000,000 | -40,000,000 | -30,000,000 | -120,000,000 | -10,000,000 | 0 | 0 | 0 | -80,000,000 | 0 | 0 | -240,000,000 | -40,000,000 | -170,000,000 | -20,000,000 | -60,000,000 | -50,000,000 | -10,000,000 | -45,000,000 | -20,000,000 | |||||||||||||||||||||||||
payments of deferred financing costs | -900,000 | -4,500,000 | 0 | -100,000 | -100,000 | -100,000 | -6,600,000 | -400,000 | 0 | 0 | 0 | 0 | -200,000 | -7,100,000 | 0 | -200,000 | -7,100,000 | -400,000 | -12,600,000 | -900,000 | -100,000 | -100,000 | -800,000 | -200,000 | ||||||||||||||||||||||||
payments of debt extinguishment charges | 0 | 0 | 0 | -4,700,000 | ||||||||||||||||||||||||||||||||||||||||||||
taxes withheld for stock-based compensation | -1,300,000 | -1,000,000 | 100,000 | -12,300,000 | -400,000 | 100,000 | -100,000 | -7,400,000 | -100,000 | -100,000 | 0 | -12,300,000 | -900,000 | 0 | 0 | -10,900,000 | -100,000 | 0 | -100,000 | -8,800,000 | -600,000 | 0 | -200,000 | -11,800,000 | -200,000 | 0 | -100,000 | -7,600,000 | -200,000 | -100,000 | -1,600,000 | -6,500,000 | -300,000 | -100,000 | -2,100,000 | -6,000,000 | -300,000 | -200,000 | -1,700,000 | -5,100,000 | -300,000 | -200,000 | -800,000 | -3,000,000 | ||||
purchase of redeemable noncontrolling interest | 0 | |||||||||||||||||||||||||||||||||||||||||||||||
dividends | -52,600,000 | -52,400,000 | -52,300,000 | -53,000,000 | -52,000,000 | -52,000,000 | -52,000,000 | -52,400,000 | -51,600,000 | -51,700,000 | -51,700,000 | -52,000,000 | -51,500,000 | -51,400,000 | -51,400,000 | -51,500,000 | -21,600,000 | -21,600,000 | -7,000,000 | -7,300,000 | -7,000,000 | -7,000,000 | -5,500,000 | -55,600,000 | -52,100,000 | -52,100,000 | -52,100,000 | -51,800,000 | -51,000,000 | -50,900,000 | -50,900,000 | -51,100,000 | -50,800,000 | -50,600,000 | -50,200,000 | -50,200,000 | -46,900,000 | -47,000,000 | -47,600,000 | -47,100,000 | -47,600,000 | -46,700,000 | -47,100,000 | -54,900,000 | -44,400,000 | -44,400,000 | ||
net cash flow used for financing activities | -54,800,000 | -28,500,000 | -32,300,000 | -25,300,000 | -82,400,000 | -65,900,000 | -99,600,000 | -37,200,000 | -51,400,000 | -51,800,000 | -62,400,000 | -79,600,000 | -12,800,000 | -61,400,000 | -35,100,000 | 14,400,000 | -35,600,000 | -44,900,000 | -64,900,000 | 32,200,000 | -53,900,000 | -67,200,000 | ||||||||||||||||||||||||||
effect of exchange rate changes on cash, cash equivalents and restricted cash | 200,000 | -900,000 | -900,000 | 600,000 | 0 | -700,000 | 600,000 | 300,000 | 1,300,000 | 400,000 | 700,000 | -1,700,000 | 200,000 | -100,000 | 300,000 | 100,000 | -200,000 | |||||||||||||||||||||||||||||||
net increase in cash, cash equivalents and restricted cash | -85,500,000 | -20,300,000 | -31,000,000 | -150,400,000 | 19,800,000 | 42,600,000 | 160,000,000 | 428,700,000 | -2,800,000 | -412,500,000 | -4,000,000 | |||||||||||||||||||||||||||||||||||||
cash, cash equivalents and restricted cash at beginning of year | ||||||||||||||||||||||||||||||||||||||||||||||||
cash, cash equivalents and restricted cash at end of year | ||||||||||||||||||||||||||||||||||||||||||||||||
supplemental disclosure of cash flow information: | ||||||||||||||||||||||||||||||||||||||||||||||||
cash paid for income taxes | 200,000 | 600,000 | 100,000 | 10,200,000 | 1,900,000 | 3,600,000 | 200,000 | 100,000 | 900,000 | 500,000 | 300,000 | 1,000,000 | 1,300,000 | 800,000 | 2,600,000 | 2,600,000 | 4,500,000 | 800,000 | 1,200,000 | 1,300,000 | 600,000 | 3,100,000 | 23,500,000 | 4,800,000 | ||||||||||||||||||||||||
cash paid for interest | 25,000,000 | 45,800,000 | 23,900,000 | 46,200,000 | 24,500,000 | 47,200,000 | 25,200,000 | 49,200,000 | 17,200,000 | 43,300,000 | 17,400,000 | 39,900,000 | 34,100,000 | 33,400,000 | 22,600,000 | 37,500,000 | 29,200,000 | 28,000,000 | 39,800,000 | 24,500,000 | 38,300,000 | 20,700,000 | 18,300,000 | 6,600,000 | ||||||||||||||||||||||||
non-cash investing and financing activities: | ||||||||||||||||||||||||||||||||||||||||||||||||
accrued purchases of property and equipment | -2,300,000 | -2,300,000 | -3,400,000 | 13,400,000 | -200,000 | -200,000 | -2,000,000 | 5,900,000 | -2,500,000 | -500,000 | 2,400,000 | 3,800,000 | -2,000,000 | -1,800,000 | -2,600,000 | 9,700,000 | -3,200,000 | -500,000 | 2,000,000 | 9,400,000 | -300,000 | -700,000 | 10,500,000 | |||||||||||||||||||||||||
accrued mta franchise rights | 700,000 | 100,000 | 100,000 | 1,600,000 | -200,000 | -100,000 | 3,000,000 | -1,300,000 | 1,300,000 | -2,500,000 | 7,000,000 | 1,300,000 | 2,500,000 | -2,300,000 | 5,000,000 | 1,700,000 | -1,000,000 | 1,500,000 | 1,800,000 | |||||||||||||||||||||||||||||
net loss on dispositions | 1,400,000 | -7,300,000 | 1,500,000 | -14,400,000 | 0 | 100,000 | ||||||||||||||||||||||||||||||||||||||||||
decrease in receivables | -7,800,000 | -42,500,000 | 45,300,000 | -8,700,000 | -23,900,000 | 34,900,000 | -7,100,000 | -31,700,000 | 54,000,000 | -14,500,000 | -16,800,000 | -24,000,000 | 44,100,000 | -66,100,000 | -39,200,000 | -36,500,000 | 47,200,000 | -19,700,000 | 2,600,000 | 58,200,000 | 19,700,000 | 35,100,000 | 42,800,000 | |||||||||||||||||||||||||
increase in prepaid expenses and other current assets | 800,000 | -6,400,000 | 5,800,000 | -2,000,000 | -1,000,000 | -22,800,000 | 600,000 | -2,800,000 | -8,200,000 | 1,000,000 | -3,200,000 | 5,100,000 | -7,400,000 | |||||||||||||||||||||||||||||||||||
decrease in accounts payable and accrued expenses | 8,800,000 | 31,600,000 | -67,800,000 | 7,200,000 | 14,800,000 | -41,600,000 | 3,300,000 | 30,400,000 | -70,900,000 | 39,300,000 | -64,200,000 | 28,100,000 | -46,100,000 | -11,400,000 | -42,400,000 | 17,300,000 | -24,300,000 | 18,900,000 | -400,000 | -18,900,000 | ||||||||||||||||||||||||||||
effect of exchange rate changes on cash and cash equivalents | 0 | -100,000 | -300,000 | -200,000 | 0 | -200,000 | 0 | 200,000 | 200,000 | 200,000 | 0 | 200,000 | -900,000 | -1,200,000 | 100,000 | -1,300,000 | -1,100,000 | -1,000,000 | 300,000 | -500,000 | ||||||||||||||||||||||||||||
net increase in cash and cash equivalents | 34,500,000 | -2,000,000 | -16,400,000 | -21,600,000 | 7,200,000 | 6,400,000 | 2,200,000 | -600,000 | 2,400,000 | 4,200,000 | -7,900,000 | 12,100,000 | 17,800,000 | -58,400,000 | 900,000 | 38,000,000 | 12,400,000 | 27,500,000 | -243,700,000 | 48,800,000 | 109,500,000 | 84,100,000 | ||||||||||||||||||||||||||
cash and cash equivalents at beginning of period | 0 | 0 | 46,900,000 | 0 | 0 | 36,000,000 | 0 | 0 | 40,400,000 | 0 | 48,300,000 | 0 | 0 | 65,200,000 | 0 | 0 | 101,600,000 | 0 | 0 | 28,500,000 | 0 | 0 | 29,800,000 | |||||||||||||||||||||||||
cash and cash equivalents at end of period | 34,500,000 | -2,000,000 | 30,500,000 | -21,600,000 | 7,200,000 | 42,400,000 | 2,200,000 | -600,000 | 42,800,000 | -10,800,000 | 52,500,000 | 18,900,000 | -3,200,000 | 26,300,000 | 12,100,000 | 17,800,000 | 43,200,000 | 38,000,000 | 12,400,000 | 56,000,000 | 48,800,000 | 109,500,000 | 113,900,000 | |||||||||||||||||||||||||
adjustments to reconcile net income to net cash flow provided by operating activities: | ||||||||||||||||||||||||||||||||||||||||||||||||
deferred tax provision | -2,200,000 | 1,000,000 | 1,000,000 | 1,400,000 | ||||||||||||||||||||||||||||||||||||||||||||
benefit from doubtful accounts | 1,500,000 | 1,100,000 | 1,400,000 | 600,000 | 2,400,000 | 1,000,000 | 1,200,000 | 1,700,000 | -200,000 | -800,000 | 2,100,000 | 1,400,000 | 800,000 | 100,000 | 800,000 | 500,000 | 1,500,000 | 800,000 | 700,000 | |||||||||||||||||||||||||||||
net income on dispositions | 100,000 | 100,000 | 100,000 | 400,000 | ||||||||||||||||||||||||||||||||||||||||||||
net cash flow provided by operating activities | 33,600,000 | 30,600,000 | 9,400,000 | 78,600,000 | 42,100,000 | 41,400,000 | 76,900,000 | 69,200,000 | 6,100,000 | 62,100,000 | 66,700,000 | 103,500,000 | 46,900,000 | 32,200,000 | 86,400,000 | 96,000,000 | 70,900,000 | 33,800,000 | 300,000 | |||||||||||||||||||||||||||||
net cash flow used for investing activities | -24,700,000 | -19,000,000 | -14,100,000 | -21,900,000 | -43,800,000 | -27,700,000 | -98,200,000 | -56,900,000 | -266,600,000 | -27,800,000 | -117,500,000 | -29,500,000 | -48,700,000 | -28,300,000 | -18,100,000 | 14,200,000 | -22,600,000 | -26,700,000 | -38,200,000 | -55,600,000 | -53,800,000 | -28,700,000 | -19,300,000 | -17,700,000 | -31,300,000 | -22,100,000 | -15,500,000 | -19,900,000 | -82,500,000 | -17,400,000 | -16,800,000 | -16,500,000 | 71,200,000 | -74,600,000 | -17,100,000 | -16,200,000 | -6,800,000 | -22,300,000 | -757,100,000 | -22,700,000 | -10,900,000 | -7,700,000 | ||||||
proceeds from dispositions | 2,200,000 | 1,800,000 | 0 | 500,000 | ||||||||||||||||||||||||||||||||||||||||||||
net income attributable to non-controlling interests | 200,000 | 100,000 | 300,000 | -300,000 | 500,000 | 200,000 | 300,000 | 300,000 | 400,000 | 200,000 | 400,000 | 100,000 | 200,000 | 100,000 | 500,000 | 200,000 | ||||||||||||||||||||||||||||||||
net cash flow provided by financing activities | -4,900,000 | 20,700,000 | -17,800,000 | 92,000,000 | ||||||||||||||||||||||||||||||||||||||||||||
provision (recovery) for doubtful accounts | 2,200,000 | 1,000,000 | 0 | 1,700,000 | ||||||||||||||||||||||||||||||||||||||||||||
amortization of deferred financing costs and debt discount and premium | 1,600,000 | 1,600,000 | 1,600,000 | 1,700,000 | 1,600,000 | 1,600,000 | 1,700,000 | 1,900,000 | 1,900,000 | 1,800,000 | 1,800,000 | 1,700,000 | 1,300,000 | 3,000,000 | 1,900,000 | 1,600,000 | 1,400,000 | 1,500,000 | 1,400,000 | 1,400,000 | 1,400,000 | 1,500,000 | 1,400,000 | 1,300,000 | 1,900,000 | 1,600,000 | 1,600,000 | 1,800,000 | 1,400,000 | 1,500,000 | ||||||||||||||||||
net decrease in cash, cash equivalents and restricted cash | -35,500,000 | -238,700,000 | -69,100,000 | |||||||||||||||||||||||||||||||||||||||||||||
decrease in income taxes | 1,400,000 | -600,000 | -4,200,000 | 1,100,000 | 1,700,000 | -3,000,000 | -1,200,000 | -100,000 | 600,000 | -700,000 | 3,000,000 | -1,800,000 | -1,700,000 | -100,000 | 1,500,000 | -4,500,000 | ||||||||||||||||||||||||||||||||
net (gain) loss on dispositions | 300,000 | -2,700,000 | -200,000 | -200,000 | 400,000 | |||||||||||||||||||||||||||||||||||||||||||
impairment charge | 0 | 0 | ||||||||||||||||||||||||||||||||||||||||||||||
proceeds from series a preferred stock issuances | -400,000 | -100,000 | ||||||||||||||||||||||||||||||||||||||||||||||
net cash flow from financing activities | -21,700,000 | -21,600,000 | -7,300,000 | -111,600,000 | -8,000,000 | -7,300,000 | 146,100,000 | 442,200,000 | 45,300,000 | -47,200,000 | ||||||||||||||||||||||||||||||||||||||
cash, cash equivalents and restricted cash at beginning of period | 0 | 0 | 424,800,000 | 0 | 0 | 712,000,000 | 0 | 0 | 60,900,000 | 0 | 0 | 54,100,000 | ||||||||||||||||||||||||||||||||||||
cash, cash equivalents and restricted cash at end of period | -238,700,000 | 355,700,000 | -20,300,000 | -31,000,000 | 561,600,000 | 42,600,000 | 160,000,000 | 489,600,000 | -412,500,000 | 422,100,000 | 54,100,000 | |||||||||||||||||||||||||||||||||||||
net loss attributable to outfront media inc. | -100,000 | 33,100,000 | ||||||||||||||||||||||||||||||||||||||||||||||
adjustments to reconcile net loss to net cash flow from operating activities: | ||||||||||||||||||||||||||||||||||||||||||||||||
proceeds from shares issued under the atm program | 0 | 0 | 34,300,000 | 16,600,000 | ||||||||||||||||||||||||||||||||||||||||||||
earnout payment related to prior acquisition | 0 | |||||||||||||||||||||||||||||||||||||||||||||||
non-cash operating, investing and financing activities: | ||||||||||||||||||||||||||||||||||||||||||||||||
non-cash effect of straight-line rent | ||||||||||||||||||||||||||||||||||||||||||||||||
cash paid for direct lease acquisition costs | -9,000,000 | -8,700,000 | -14,900,000 | -12,600,000 | -10,500,000 | -10,000,000 | -14,000,000 | -11,100,000 | -9,700,000 | -8,000,000 | -12,500,000 | -9,200,000 | -9,700,000 | -8,600,000 | -11,700,000 | |||||||||||||||||||||||||||||||||
net loss attributable to non-controlling interests | ||||||||||||||||||||||||||||||||||||||||||||||||
proceeds from stock option exercises | 0 | 0 | 0 | 1,200,000 | 0 | 0 | 0 | 2,000,000 | ||||||||||||||||||||||||||||||||||||||||
issuance of shares of a subsidiary for an acquisition | ||||||||||||||||||||||||||||||||||||||||||||||||
dispositions | ||||||||||||||||||||||||||||||||||||||||||||||||
net income | 38,700,000 | 50,300,000 | 6,100,000 | 57,200,000 | 46,800,000 | -5,200,000 | 9,100,000 | 35,500,000 | 50,700,000 | 37,100,000 | 2,500,000 | 26,600,000 | 38,100,000 | 28,500,000 | -2,300,000 | -73,900,000 | 21,200,000 | 22,200,000 | 1,100,000 | 27,800,000 | 248,300,000 | 22,400,000 | 8,400,000 | |||||||||||||||||||||||||
payment of debt extinguishment charges | ||||||||||||||||||||||||||||||||||||||||||||||||
loss on real estate assets held for sale | 0 | 0 | 0 | 1,300,000 | ||||||||||||||||||||||||||||||||||||||||||||
issuance of stock for purchase of property and equipment | ||||||||||||||||||||||||||||||||||||||||||||||||
net decrease in cash and cash equivalents | 18,900,000 | -3,200,000 | -38,900,000 | |||||||||||||||||||||||||||||||||||||||||||||
proceeds from long-term debt borrowings - senior notes | ||||||||||||||||||||||||||||||||||||||||||||||||
proceeds from long-term debt borrowings - term loan | 0 | 0 | 0 | 8,300,000 | ||||||||||||||||||||||||||||||||||||||||||||
repayments of long-term debt borrowings - term loan | ||||||||||||||||||||||||||||||||||||||||||||||||
cash and cash equivalents at beginning of year | ||||||||||||||||||||||||||||||||||||||||||||||||
cash reclassified to assets held for sale | ||||||||||||||||||||||||||||||||||||||||||||||||
cash and cash equivalents at end of year | ||||||||||||||||||||||||||||||||||||||||||||||||
deferred tax (benefit) liability | -3,100,000 | |||||||||||||||||||||||||||||||||||||||||||||||
change in assets and liabilities, net of investing and financing activities | 20,100,000 | -33,800,000 | -12,500,000 | -2,800,000 | -24,000,000 | -29,100,000 | 18,000,000 | -19,500,000 | -57,500,000 | 40,800,000 | -5,900,000 | -54,000,000 | ||||||||||||||||||||||||||||||||||||
repayments of long-term borrowings - term loan | -20,000,000 | |||||||||||||||||||||||||||||||||||||||||||||||
proceeds from borrowings under revolving credit facility | 0 | 0 | 0 | 35,000,000 | 0 | 0 | 0 | 105,000,000 | ||||||||||||||||||||||||||||||||||||||||
repayments of borrowings under revolving credit facility | 0 | 0 | 0 | 0 | 0 | -105,000,000 | ||||||||||||||||||||||||||||||||||||||||||
deferred financing costs | -7,000,000 | 0 | 0 | 0 | -400,000 | 0 | 0 | -1,100,000 | -2,200,000 | |||||||||||||||||||||||||||||||||||||||
investments in investee companies | ||||||||||||||||||||||||||||||||||||||||||||||||
proceeds from ipo | 0 | 0 | ||||||||||||||||||||||||||||||||||||||||||||||
proceeds from long-term debt borrowings - term loan and senior notes | ||||||||||||||||||||||||||||||||||||||||||||||||
distribution of debt and ipo proceeds to cbs | 0 | 0 | ||||||||||||||||||||||||||||||||||||||||||||||
net cash contribution from cbs | ||||||||||||||||||||||||||||||||||||||||||||||||
proceeds from long-term debt borrowings - new senior notes | 0 | 0 | 0 | 103,800,000 | ||||||||||||||||||||||||||||||||||||||||||||
excess tax benefit from stock-based compensation | ||||||||||||||||||||||||||||||||||||||||||||||||
net cash contribution from (distribution to) cbs | 9,500,000 | -2,400,000 | 0 | 42,200,000 | ||||||||||||||||||||||||||||||||||||||||||||
distribution of net debt proceeds to cbs | -1,523,800,000 | |||||||||||||||||||||||||||||||||||||||||||||||
special dividend | ||||||||||||||||||||||||||||||||||||||||||||||||
deferred financing fees | -400,000 | -100,000 | -24,300,000 | |||||||||||||||||||||||||||||||||||||||||||||
amortization of deferred financing costs | 700,000 |
