Outfront Media (OUT) FY2024 results: revenue $1.8 billion, up 0.6% on the year
Outfront Media Inc. (OUT) reported revenue of $1.8 billion for fiscal 2024, the year ended 31 December 2024, up 0.6% on the year before. Net income was $258 million, and diluted earnings per share $1.51. The figures are the company's own, from the 10-K it filed with the SEC on 28 February 2025.
Revenue
$1.8 billion
+0.6% on the year
FY2017FY2024
Operating margin
23.2%
-13.9% a year earlier
FY2017FY2024
Net income
$258 million
FY2017FY2024
Diluted EPS
$1.51
FY2017FY2024
this yearthe year beforeHover a bar for its figure.
$ million except per share. Read moreFree cash flow is operating cash flow less capital expenditure; the effective tax rate is income tax over pre-tax income; margins are the line over revenue. Gross profit is revenue less cost of revenue, and operating income is revenue less the company's own total costs, where the statement does not print those lines. Those four are arithmetic on the filed numbers; everything else is as filed. Money is in $ million as the company files it, or in $ billion by the switch above the tables; per share figures and share counts are as they are.
Cash flow
$ million
FY2024
FY2023
FY2022
On the year
Last 8 years
Operating cash flow
299
254
254
+17.7%
Capital expenditure
78.1
86.8
89.8
-10.0%
Free cash flow
221
167
164
+32.1%
Free cash flow margin
12.1%
9.2%
9.3%
Cash from investing
208
-108
-450
Cash from financing
-495
-152
-188
Depreciation and amortisation
152
160
151
-5.6%
Share-based compensation
30.8
28.4
33.8
+8.5%
Dividends paid
208
207
206
+0.7%
Dividend per share
$1.65
$1.20
$1.20
+37.5%
Diluted shares, weighted
171m
161m
162m
+6.1%
Shares outstanding at period end
166m
165m
164m
+0.6%
Balance sheet
$ million
FY2024
FY2023
FY2022
On the year
Last 8 years
Shareholders' equity
649
577
1,195
+12.4%
Non-controlling interest
1.6
1.7
4.0
-5.9%
Redeemable equity
120
120
120
0.0%
Debt
2,492
2,742
2,656
-9.1%
Operating lease liabilities
1,352
1,417
1,369
-4.6%
Other liabilities
600
725
646
-17.2%
Total liabilities and equity
5,215
5,583
5,990
-6.6%
Fixed assets
649
658
700
-1.4%
Goodwill
2,006
2,006
2,076
0.0%
Intangible assets
652
695
858
-6.2%
Cash and equivalents
46.9
36.0
40.4
+30.3%
Receivables
305
288
316
+6.2%
Other assets
1,556
1,900
1,999
-18.1%
Total assets
5,215
5,583
5,990
-6.6%
10-K for the year ended 31 December 2024, filed 28 February 2025: the filing.