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Side-by-side financial comparison of Clear Channel Outdoor Holdings, Inc. (CCO) and CSW INDUSTRIALS, INC. (CSW). Click either name above to swap in a different company.

Clear Channel Outdoor Holdings, Inc. is the larger business by last-quarter revenue ($461.5M vs $233.0M, roughly 2.0× CSW INDUSTRIALS, INC.). CSW INDUSTRIALS, INC. runs the higher net margin — 4.4% vs 1.7%, a 2.7% gap on every dollar of revenue. On growth, CSW INDUSTRIALS, INC. posted the faster year-over-year revenue change (20.3% vs 8.2%). Clear Channel Outdoor Holdings, Inc. produced more free cash flow last quarter ($30.3M vs $22.7M). Over the past eight quarters, Clear Channel Outdoor Holdings, Inc.'s revenue compounded faster (18.8% CAGR vs 5.1%).

Clear Channel Outdoor Holdings, Inc. is a multinational corporation focused on outdoor advertising. The company is based in San Antonio, Texas.

CCO vs CSW — Head-to-Head

Bigger by revenue
CCO
CCO
2.0× larger
CCO
$461.5M
$233.0M
CSW
Growing faster (revenue YoY)
CSW
CSW
+12.2% gap
CSW
20.3%
8.2%
CCO
Higher net margin
CSW
CSW
2.7% more per $
CSW
4.4%
1.7%
CCO
More free cash flow
CCO
CCO
$7.6M more FCF
CCO
$30.3M
$22.7M
CSW
Faster 2-yr revenue CAGR
CCO
CCO
Annualised
CCO
18.8%
5.1%
CSW

Income Statement — Q4 FY2025 vs Q3 FY2026

Metric
CCO
CCO
CSW
CSW
Revenue
$461.5M
$233.0M
Net Profit
$8.0M
$10.3M
Gross Margin
39.7%
Operating Margin
23.3%
7.4%
Net Margin
1.7%
4.4%
Revenue YoY
8.2%
20.3%
Net Profit YoY
144.8%
-61.9%
EPS (diluted)
$0.01
$0.62

Green = leading value per metric. Periods may differ when fiscal calendars don't align.

8-Quarter Revenue & Profit Trend

Side-by-side quarterly history. Quarters aligned by calendar period so offset fiscal years line up.

Revenue
CCO
CCO
CSW
CSW
Q4 25
$461.5M
$233.0M
Q3 25
$405.6M
$277.0M
Q2 25
$402.8M
$263.6M
Q1 25
$334.2M
$230.5M
Q4 24
$426.7M
$193.6M
Q3 24
$375.2M
$227.9M
Q2 24
$376.5M
$226.2M
Q1 24
$326.8M
$210.9M
Net Profit
CCO
CCO
CSW
CSW
Q4 25
$8.0M
$10.3M
Q3 25
$-60.1M
$40.7M
Q2 25
$9.5M
$40.9M
Q1 25
$62.5M
$35.1M
Q4 24
$-17.9M
$26.9M
Q3 24
$-32.5M
$36.1M
Q2 24
$-39.2M
$38.6M
Q1 24
$-89.7M
$31.8M
Gross Margin
CCO
CCO
CSW
CSW
Q4 25
39.7%
Q3 25
43.0%
Q2 25
43.8%
Q1 25
44.2%
Q4 24
41.4%
Q3 24
45.6%
Q2 24
47.5%
Q1 24
44.4%
Operating Margin
CCO
CCO
CSW
CSW
Q4 25
23.3%
7.4%
Q3 25
19.9%
20.5%
Q2 25
19.2%
20.8%
Q1 25
13.5%
19.5%
Q4 24
23.5%
15.3%
Q3 24
17.8%
22.6%
Q2 24
18.2%
24.3%
Q1 24
13.4%
21.0%
Net Margin
CCO
CCO
CSW
CSW
Q4 25
1.7%
4.4%
Q3 25
-14.8%
14.7%
Q2 25
2.4%
15.5%
Q1 25
18.7%
15.2%
Q4 24
-4.2%
13.9%
Q3 24
-8.7%
15.8%
Q2 24
-10.4%
17.1%
Q1 24
-27.4%
15.1%
EPS (diluted)
CCO
CCO
CSW
CSW
Q4 25
$0.01
$0.62
Q3 25
$-0.12
$2.41
Q2 25
$0.02
$2.43
Q1 25
$0.13
$2.05
Q4 24
$-0.03
$1.60
Q3 24
$-0.07
$2.26
Q2 24
$-0.08
$2.47
Q1 24
$-0.19
$2.03

Balance Sheet & Financial Strength

Snapshot of each company's liquidity, leverage and book value from the latest quarter.

Metric
CCO
CCO
CSW
CSW
Cash + ST InvestmentsLiquidity on hand
$190.0M
$40.2M
Total DebtLower is stronger
$5.1B
Stockholders' EquityBook value
$-3.4B
$1.1B
Total Assets
$3.8B
$2.3B
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
CCO
CCO
CSW
CSW
Q4 25
$190.0M
$40.2M
Q3 25
$155.0M
$31.5M
Q2 25
$138.6M
$38.0M
Q1 25
$395.8M
$225.8M
Q4 24
$109.7M
$213.8M
Q3 24
$201.1M
$273.2M
Q2 24
$189.3M
$18.9M
Q1 24
$193.2M
$22.2M
Total Debt
CCO
CCO
CSW
CSW
Q4 25
$5.1B
Q3 25
$5.1B
Q2 25
$5.1B
Q1 25
$5.3B
$800.1M
Q4 24
$5.7B
Q3 24
$5.7B
Q2 24
$5.7B
Q1 24
$5.7B
$166.0M
Stockholders' Equity
CCO
CCO
CSW
CSW
Q4 25
$-3.4B
$1.1B
Q3 25
$-3.5B
$1.1B
Q2 25
$-3.4B
$1.1B
Q1 25
$-3.4B
$1.1B
Q4 24
$-3.6B
$1.0B
Q3 24
$-3.6B
$1.0B
Q2 24
$-3.6B
$650.2M
Q1 24
$-3.5B
$615.7M
Total Assets
CCO
CCO
CSW
CSW
Q4 25
$3.8B
$2.3B
Q3 25
$3.8B
$1.5B
Q2 25
$3.8B
$1.5B
Q1 25
$4.0B
$1.4B
Q4 24
$4.8B
$1.4B
Q3 24
$4.6B
$1.4B
Q2 24
$4.5B
$1.1B
Q1 24
$4.6B
$1.0B
Debt / Equity
CCO
CCO
CSW
CSW
Q4 25
Q3 25
Q2 25
Q1 25
0.75×
Q4 24
Q3 24
Q2 24
Q1 24
0.27×

Cash Flow & Capital Efficiency

How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.

Metric
CCO
CCO
CSW
CSW
Operating Cash FlowLast quarter
$56.3M
$28.9M
Free Cash FlowOCF − Capex
$30.3M
$22.7M
FCF MarginFCF / Revenue
6.6%
9.8%
Capex IntensityCapex / Revenue
5.6%
2.6%
Cash ConversionOCF / Net Profit
7.04×
2.81×
TTM Free Cash FlowTrailing 4 quarters
$32.0M
$162.0M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
CCO
CCO
CSW
CSW
Q4 25
$56.3M
$28.9M
Q3 25
$56.2M
$61.8M
Q2 25
$-12.6M
$60.6M
Q1 25
$14.9M
$27.3M
Q4 24
$29.3M
$11.6M
Q3 24
$54.5M
$66.8M
Q2 24
$30.8M
$62.7M
Q1 24
$-34.8M
$22.4M
Free Cash Flow
CCO
CCO
CSW
CSW
Q4 25
$30.3M
$22.7M
Q3 25
$41.4M
$58.7M
Q2 25
$-29.2M
$57.7M
Q1 25
$-10.6M
$22.8M
Q4 24
$-27.8M
$8.5M
Q3 24
$21.0M
$61.3M
Q2 24
$5.2M
$59.6M
Q1 24
$-61.0M
$17.5M
FCF Margin
CCO
CCO
CSW
CSW
Q4 25
6.6%
9.8%
Q3 25
10.2%
21.2%
Q2 25
-7.2%
21.9%
Q1 25
-3.2%
9.9%
Q4 24
-6.5%
4.4%
Q3 24
5.6%
26.9%
Q2 24
1.4%
26.3%
Q1 24
-18.7%
8.3%
Capex Intensity
CCO
CCO
CSW
CSW
Q4 25
5.6%
2.6%
Q3 25
3.7%
1.1%
Q2 25
4.1%
1.1%
Q1 25
7.6%
2.0%
Q4 24
13.4%
1.6%
Q3 24
8.9%
2.4%
Q2 24
6.8%
1.4%
Q1 24
8.0%
2.3%
Cash Conversion
CCO
CCO
CSW
CSW
Q4 25
7.04×
2.81×
Q3 25
1.52×
Q2 25
-1.32×
1.48×
Q1 25
0.24×
0.78×
Q4 24
0.43×
Q3 24
1.85×
Q2 24
1.62×
Q1 24
0.71×

Financial Flow Comparison

Revenue → gross profit → operating profit → net profit for each company.

Revenue Breakdown by Segment

CCO
CCO

Segment breakdown not available.

CSW
CSW

Contractor Solutions Segment$166.3M71%
Specialized Reliability Solutions Segment$38.2M16%
Engineered Building Solutions Segment$28.5M12%

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