REIT that owns and operates billboards and transit advertising displays across US cities and transit systems.
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.
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
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).
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | |
|---|---|---|---|---|---|
| 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 |
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.
| Company | Market cap | 6M return | Revenue growth | ROE | Price / book | Implied 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 CCO | n/a | +2% | n/a | n/a | n/a | n/a |
| JCDecaux DEC.PA | $6.40B | +42% | +1% | 15% | 2.46× | 20.6% |
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.
| Measure | OUT | Peer median | Rank 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 equity | 36.2% | 6.7% | highest of 21 |
| Price / book | 7.82× | 1.25× | most expensive of 21 |
| Trailing P/E | 22.5× | 21.1× | 10th most expensive of 20 |
| ROE the price implies | 77.8% | 11.2% | most demanding of 21 |
| ROE delivered | 36.2% | 6.7% | highest of 20 |
| Company | Market | Market cap | 6M return | Revenue growth | ROE | Price / book | Implied ROE | Delivered ROE |
|---|---|---|---|---|---|---|---|---|
| OUTFRONT Media OUT | United States | $5.42B | -9% | +8% | 36% | 7.82× | 77.8% | 36.2% |
| Gecina GFC.PA | France | $5.47B | -8% | +1% | 2% | 0.48× | 6.9% | 1.6% |
| Sabra Health Care REIT SBRA | United States | $5.51B | +1% | +21% | 3% | 1.94× | 13.0% | 2.5% |
| Mirvac MGR.AX | Australia | $5.27B | +14% | +6% | 7% | 0.83× | 9.9% | 7.4% |
| Chartwell Retirement Residences CSH-UN.TO | Canada | $5.25B | +3% | +24% | 1% | 3.92× | 22.6% | 0.5% |
| Covivio COV.PA | France | $5.64B | -16% | +5% | 8% | 0.59× | 8.2% | 7.9% |
| Rithm Capital RITM | United States | $5.15B | -6% | +19% | 6% | 0.74× | 8.7% | 5.6% |
| Phillips Edison & PECO | United States | $5.72B | +2% | +7% | 8% | 2.17× | 12.9% | 7.8% |
| Kite Realty Group Trust KRG | United States | $5.04B | -4% | -7% | 12% | 1.84× | 14.6% | 11.5% |
| Japan Real Estate Investment 8952.T | Japan | $4.98B | -10% | -1% | 7% | 1.41× | 6.1% | 6.7% |
| British Land BLND.L | United Kingdom | $5.94B | +17% | +15% | 8% | 0.73× | 11.6% | 7.8% |
| Mapletree Pan Asia Commercial Trust N2IU.SI | Singapore | $4.89B | -7% | -5% | 3% | 0.68× | 5.0% | 2.8% |
| Japan Metropolitan Fund Investment 8953.T | Japan | $4.87B | -8% | 0% | 7% | 1.17× | 4.8% | 7.1% |
| Cousins Properties CUZ | United States | $4.87B | +11% | +8% | 0% | 1.10× | 11.4% | 0.3% |
| LondonMetric Property LMP.L | United Kingdom | $6.16B | +2% | +17% | 7% | 0.93× | 12.6% | 6.7% |
| Essential Properties Realty Trust EPRT | United States | $6.21B | -11% | +21% | 6% | 1.36× | 11.1% | 6.3% |
| General de Galerias Comerciales GGC.MC | Spain | $4.70B | 0% | +3% | 18% | 3.99× | 13.5% | n/a |
| Keppel DC REIT AJBU.SI | Singapore | $4.67B | -6% | +30% | 11% | 1.26× | 6.8% | 11.4% |
| Americold Realty Trust COLD | United States | $4.57B | +8% | 0% | -16% | 1.89× | 15.5% | -16.5% |
| Rayonier RYN | United States | $6.45B | +6% | -13% | 2% | 1.23× | 10.9% | 2.0% |
| EPR Properties EPR | United States | $4.56B | +2% | +7% | 13% | 1.95× | 16.8% | 12.7% |