Loading…
← CockpitCompetitor Analysis › OUT OUTFRONT Media Inc.Open in the cockpit ↗

OUTFRONT Media Inc.OUTCompetitor analysis, valuation and peers

United States · USD·Real Estate›Real Estate Investment Trusts

REIT that owns and operates billboards and transit advertising displays across US cities and transit systems.

Momentum neutral 53
Mkt cap
$5.42B
US dollars, full cap
Free float
96%
of shares outstanding
$/day
$49.2M
20-day average traded
P/B
7.82×
price to book
ROE
36.2%
delivered
Implied ROE
77.8%
what the price asks
Next earnings
110 days
24 Feb 2027
Close · USD$30.79
1D-3.8%
1W-3.8%
1M+4.1%
3M+2.5%
6M-9.2%
YTD+27.8%
1Y+75.0%
ATR %3.1%
Beta0.48
52w lowhigh11.9% off high

What OUTFRONT Media does

REIT that owns and operates billboards and transit advertising displays across US cities and transit systems.

Sells advertising space by the period on billboards and transit assets, and pays property owners and transit authorities rent or a revenue share for the sites. Digital screens rotate several advertisers on the same face, so they earn more than a static poster. New York's subway contract is its best-known transit relationship.

Products and services

  • Billboards (static & digital)
  • Transit advertising (subway, bus)

Customers

  • Brand advertisers
  • Local/national advertising agencies

Where it sits in the supply chain

  • Out-of-home advertising REIT
  • Billboard/transit media ownership
  • Advertiser sales & digital display…

What could go right

  • Ad-spend recovery/digital display conversion premium
  • New transit-authority contract wins

What could go wrong

  • Municipal contract renewal/renegotiation risk
  • Ad-spend cyclicality

Moat: narrow (regulatory licence, installed base, scale). Municipal/transit-authority contracts and permitted billboard locations are scarce and hard to replicate.

Headquarters: New York, New York, US · Founded: 2014 · Employees: 1,986

Named competitors

OUTFRONT Media at a glance

Size OUTFRONT Media (OUT) is a United States Real Estate company (Real Estate Investment Trusts) with a market value of $5.42B, the 1128th largest of 3,117 United States companies the cockpit tracks. Shares closed at $30.79 on 6 Nov 2026.

Performance Over six months the shares fell 9.2%, against +0.7% for the median peer and -1.1% for the United States market (cap-weighted) — 4th lowest of 21 in its peer set.

Growth Revenue grew 7.6% over the last twelve months (peer median +6.6%); the operating margin is 20.2% (peer median 39.7%).

Valuation It trades at 7.82× book value against a peer median of 1.25× (most expensive of 21).

Price implies The share price implies a return on equity of about 77.8%; OUTFRONT Media delivers 36.2%, so the price asks more than the business earns today.

Short interest Short interest is 5.3% of the free float (15 Oct 2026).

Next results Next results expected around 24 Feb 2027 (exchange calendar; dates can move).

Relative performance

9010011 May 202611 Aug 20266 Nov 2026Peer median 101OUT 96
Six months, rebased to 100: OUTFRONT Media against the median of its 20 peers (local-currency closes).

OUTFRONT Media financials

Reported figures in USD; fiscal year ends 2025-12-31. TTM = trailing twelve months.
TTMFY2025FY2024FY2023FY2022
Revenue$1.93B$1.83B$1.83B$1.82B$1.77B
Revenue growth—0%+1%+3%—
Gross profit$837M$750M$728M$694M$713M
EBITDA$547M$472M$434M$428M$444M
Net income$245M$147M$258M-$425M$148M
Free cash flow$303M$219M$221M$167M$164M
Capital expenditure$99.2M$108M$90.1M$86.8M$96.6M
Total debt$4.13B$4.13B$4.01B$4.34B$4.21B

Quarterly statements and history in the cockpit →

OUTFRONT Media competitor charts

The default views of Competitor Analysis ▸ Charts, drawn from the same data. Open them in the cockpit to change the axes, pin companies and read every value.

Performance: 6-month against 1-month return

-10%0%+10%0%+5%+10%+15%GFCSBRAMGRCSH-UNCOVRITMPECOKRG8952BLNDN2IU8953CUZLMPEPRTGGCAJBUCOLDRYNOUT6-month return →1-month return →
Up and to the right = strong over both horizons. OUTFRONT Media is the large dot.

Fundamentals: return on equity against price-to-book

0%10%20%30%20×40×60×GFCSBRAMGRCSH-UNCOVPECOKRG8952N2IUCUZLMPGGCAJBUCOLDOUTReturn on equity →Price / book →
A bank or insurer earning more on its equity usually trades at a higher multiple of book; points far above the trend are priced for more. OUTFRONT Media is the large dot.

Capital: ROE delivered against the ROE the price implies

0%25%50%75%0%50%GFCSBRAMGRCSH-UNKRG8952COLDEPROUTROE delivered →ROE the price implies →
Above the diagonal = the price asks for a higher return on equity than the business earns today. OUTFRONT Media is the large dot.

OUTFRONT Media competitors and peer comparison

Head to head with its named competitors (OUT vs LAMR vs CCO vs DEC.PA)
CompanyMarket cap6M returnRevenue growthROEPrice / bookImplied ROE
OUTFRONT Media OUT$5.42B-9%+8%36%7.82×77.8%
Lamar Advertising LAMR$15.8B-1%+4%59%16.13×134.1%
Clear Channel Outdoor CCOn/a+2%n/an/an/an/a
JCDecaux DEC.PA$6.40B+42%+1%15%2.46×20.6%

How OUTFRONT Media compares with its peers

Peer set: Industry: the same industry and sector in any market, nearest in size. This is the same default set the interactive Competitor Analysis opens with.

OUTFRONT Media against its 20 peers (data as of 6 Nov 2026)
MeasureOUTPeer medianRank in peer set
1-month return+4.1%+8.2%6th lowest of 21
6-month return-9.2%+0.7%4th lowest of 21
Return on equity36.2%6.7%highest of 21
Price / book7.82×1.25×most expensive of 21
Trailing P/E22.5×21.1×10th most expensive of 20
ROE the price implies77.8%11.2%most demanding of 21
ROE delivered36.2%6.7%highest of 20

Peer table

Peer set: Industry: the same industry and sector in any market, nearest in size
CompanyMarketMarket cap6M returnRevenue growthROEPrice / bookImplied ROEDelivered ROE
OUTFRONT Media OUTUnited States$5.42B-9%+8%36%7.82×77.8%36.2%
Gecina GFC.PAFrance$5.47B-8%+1%2%0.48×6.9%1.6%
Sabra Health Care REIT SBRAUnited States$5.51B+1%+21%3%1.94×13.0%2.5%
Mirvac MGR.AXAustralia$5.27B+14%+6%7%0.83×9.9%7.4%
Chartwell Retirement Residences CSH-UN.TOCanada$5.25B+3%+24%1%3.92×22.6%0.5%
Covivio COV.PAFrance$5.64B-16%+5%8%0.59×8.2%7.9%
Rithm Capital RITMUnited States$5.15B-6%+19%6%0.74×8.7%5.6%
Phillips Edison & PECOUnited States$5.72B+2%+7%8%2.17×12.9%7.8%
Kite Realty Group Trust KRGUnited States$5.04B-4%-7%12%1.84×14.6%11.5%
Japan Real Estate Investment 8952.TJapan$4.98B-10%-1%7%1.41×6.1%6.7%
British Land BLND.LUnited Kingdom$5.94B+17%+15%8%0.73×11.6%7.8%
Mapletree Pan Asia Commercial Trust N2IU.SISingapore$4.89B-7%-5%3%0.68×5.0%2.8%
Japan Metropolitan Fund Investment 8953.TJapan$4.87B-8%0%7%1.17×4.8%7.1%
Cousins Properties CUZUnited States$4.87B+11%+8%0%1.10×11.4%0.3%
LondonMetric Property LMP.LUnited Kingdom$6.16B+2%+17%7%0.93×12.6%6.7%
Essential Properties Realty Trust EPRTUnited States$6.21B-11%+21%6%1.36×11.1%6.3%
General de Galerias Comerciales GGC.MCSpain$4.70B0%+3%18%3.99×13.5%n/a
Keppel DC REIT AJBU.SISingapore$4.67B-6%+30%11%1.26×6.8%11.4%
Americold Realty Trust COLDUnited States$4.57B+8%0%-16%1.89×15.5%-16.5%
Rayonier RYNUnited States$6.45B+6%-13%2%1.23×10.9%2.0%
EPR Properties EPRUnited States$4.56B+2%+7%13%1.95×16.8%12.7%

Questions

Who are OUTFRONT Media's main competitors?
Named competitors: Lamar Advertising (LAMR), Clear Channel Outdoor (CCO), JCDecaux (DEC.PA). The cockpit's measured peer set (industry) also includes Gecina (GFC.PA), Sabra Health Care REIT (SBRA), Mirvac (MGR.AX), Chartwell Retirement Residences (CSH-UN.TO), Covivio (COV.PA), Rithm Capital (RITM).
Is OUTFRONT Media expensive compared with its peers?
On price / book it trades at 7.82× against a peer median of 1.25×, most expensive of 21 in its peer set. The share price implies a return on equity of about 77.8%; OUTFRONT Media delivers 36.2%, so the price asks more than the business earns today.
How has OUTFRONT Media stock performed?
Over six months to 6 Nov 2026 the shares returned -9.2% against +0.7% for the median peer; over one year +75.0%.

How these numbers are made. Returns are close-to-close in local currency. Revenue growth and margins are trailing twelve months. Req g is the revenue growth that today's enterprise value requires for seven years at the company's own cost of capital; Delivered g is what it actually grew; the gap is the hurdle (honest precision about ±8 points, so read the ranking more than the decimal). No fair values, price targets or analyst ratings are shown, by design. Method and validation.