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Side-by-side financial comparison of Clear Channel Outdoor Holdings, Inc. (CCO) and IPG PHOTONICS CORP (IPGP). 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 $274.5M, roughly 1.7× IPG PHOTONICS CORP). IPG PHOTONICS CORP runs the higher net margin — 4.8% vs 1.7%, a 3.1% gap on every dollar of revenue. On growth, IPG PHOTONICS CORP posted the faster year-over-year revenue change (17.1% vs 8.2%). Clear Channel Outdoor Holdings, Inc. produced more free cash flow last quarter ($30.3M vs $10.9M). Over the past eight quarters, Clear Channel Outdoor Holdings, Inc.'s revenue compounded faster (18.8% CAGR vs 4.4%).
Clear Channel Outdoor Holdings, Inc. is a multinational corporation focused on outdoor advertising. The company is based in San Antonio, Texas.
IPG Photonics Corporation is a manufacturer of fiber lasers. IPG Photonics developed and commercialized optical fiber lasers, which are used in a variety of applications including materials processing, medical applications and telecommunications. IPG has manufacturing facilities in the United States, Germany, Russia and Italy.
CCO vs IPGP — Head-to-Head
Income Statement — Q4 FY2025 vs Q4 FY2025
| Metric | | |
|---|---|---|
| Revenue | $461.5M | $274.5M |
| Net Profit | $8.0M | $13.3M |
| Gross Margin | — | 36.1% |
| Operating Margin | 23.3% | 1.2% |
| Net Margin | 1.7% | 4.8% |
| Revenue YoY | 8.2% | 17.1% |
| Net Profit YoY | 144.8% | 69.8% |
| EPS (diluted) | $0.01 | $0.30 |
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.
| Q4 25 | $461.5M | $274.5M | ||
| Q3 25 | $405.6M | $250.8M | ||
| Q2 25 | $402.8M | $250.7M | ||
| Q1 25 | $334.2M | $227.8M | ||
| Q4 24 | $426.7M | $234.3M | ||
| Q3 24 | $375.2M | $233.1M | ||
| Q2 24 | $376.5M | $257.6M | ||
| Q1 24 | $326.8M | $252.0M |
| Q4 25 | $8.0M | $13.3M | ||
| Q3 25 | $-60.1M | $7.5M | ||
| Q2 25 | $9.5M | $6.6M | ||
| Q1 25 | $62.5M | $3.8M | ||
| Q4 24 | $-17.9M | $7.8M | ||
| Q3 24 | $-32.5M | $-233.6M | ||
| Q2 24 | $-39.2M | $20.2M | ||
| Q1 24 | $-89.7M | $24.1M |
| Q4 25 | — | 36.1% | ||
| Q3 25 | — | 39.5% | ||
| Q2 25 | — | 37.3% | ||
| Q1 25 | — | 39.4% | ||
| Q4 24 | — | 38.6% | ||
| Q3 24 | — | 23.2% | ||
| Q2 24 | — | 37.3% | ||
| Q1 24 | — | 38.7% |
| Q4 25 | 23.3% | 1.2% | ||
| Q3 25 | 19.9% | 3.1% | ||
| Q2 25 | 19.2% | 0.0% | ||
| Q1 25 | 13.5% | 0.8% | ||
| Q4 24 | 23.5% | 6.0% | ||
| Q3 24 | 17.8% | -108.7% | ||
| Q2 24 | 18.2% | 4.7% | ||
| Q1 24 | 13.4% | 7.6% |
| Q4 25 | 1.7% | 4.8% | ||
| Q3 25 | -14.8% | 3.0% | ||
| Q2 25 | 2.4% | 2.6% | ||
| Q1 25 | 18.7% | 1.6% | ||
| Q4 24 | -4.2% | 3.3% | ||
| Q3 24 | -8.7% | -100.2% | ||
| Q2 24 | -10.4% | 7.8% | ||
| Q1 24 | -27.4% | 9.6% |
| Q4 25 | $0.01 | $0.30 | ||
| Q3 25 | $-0.12 | $0.18 | ||
| Q2 25 | $0.02 | $0.16 | ||
| Q1 25 | $0.13 | $0.09 | ||
| Q4 24 | $-0.03 | $0.27 | ||
| Q3 24 | $-0.07 | $-5.33 | ||
| Q2 24 | $-0.08 | $0.45 | ||
| Q1 24 | $-0.19 | $0.52 |
Balance Sheet & Financial Strength
Snapshot of each company's liquidity, leverage and book value from the latest quarter.
| Metric | | |
|---|---|---|
| Cash + ST InvestmentsLiquidity on hand | $190.0M | $839.3M |
| Total DebtLower is stronger | $5.1B | — |
| Stockholders' EquityBook value | $-3.4B | $2.1B |
| Total Assets | $3.8B | $2.4B |
| Debt / EquityLower = less leverage | — | — |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $190.0M | $839.3M | ||
| Q3 25 | $155.0M | $870.4M | ||
| Q2 25 | $138.6M | $899.6M | ||
| Q1 25 | $395.8M | $926.9M | ||
| Q4 24 | $109.7M | $930.2M | ||
| Q3 24 | $201.1M | $1.0B | ||
| Q2 24 | $189.3M | $1.1B | ||
| Q1 24 | $193.2M | $1.1B |
| Q4 25 | $5.1B | — | ||
| Q3 25 | $5.1B | — | ||
| Q2 25 | $5.1B | — | ||
| Q1 25 | $5.3B | — | ||
| Q4 24 | $5.7B | — | ||
| Q3 24 | $5.7B | — | ||
| Q2 24 | $5.7B | — | ||
| Q1 24 | $5.7B | — |
| Q4 25 | $-3.4B | $2.1B | ||
| Q3 25 | $-3.5B | $2.1B | ||
| Q2 25 | $-3.4B | $2.1B | ||
| Q1 25 | $-3.4B | $2.1B | ||
| Q4 24 | $-3.6B | $2.0B | ||
| Q3 24 | $-3.6B | $2.1B | ||
| Q2 24 | $-3.6B | $2.3B | ||
| Q1 24 | $-3.5B | $2.3B |
| Q4 25 | $3.8B | $2.4B | ||
| Q3 25 | $3.8B | $2.4B | ||
| Q2 25 | $3.8B | $2.4B | ||
| Q1 25 | $4.0B | $2.3B | ||
| Q4 24 | $4.8B | $2.3B | ||
| Q3 24 | $4.6B | $2.4B | ||
| Q2 24 | $4.5B | $2.5B | ||
| Q1 24 | $4.6B | $2.6B |
Cash Flow & Capital Efficiency
How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.
| Metric | | |
|---|---|---|
| Operating Cash FlowLast quarter | $56.3M | $28.8M |
| Free Cash FlowOCF − Capex | $30.3M | $10.9M |
| FCF MarginFCF / Revenue | 6.6% | 4.0% |
| Capex IntensityCapex / Revenue | 5.6% | 6.5% |
| Cash ConversionOCF / Net Profit | 7.04× | 2.17× |
| TTM Free Cash FlowTrailing 4 quarters | $32.0M | $-3.5M |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $56.3M | $28.8M | ||
| Q3 25 | $56.2M | $35.3M | ||
| Q2 25 | $-12.6M | $-2.2M | ||
| Q1 25 | $14.9M | $13.4M | ||
| Q4 24 | $29.3M | $73.8M | ||
| Q3 24 | $54.5M | $66.1M | ||
| Q2 24 | $30.8M | $53.5M | ||
| Q1 24 | $-34.8M | $54.6M |
| Q4 25 | $30.3M | $10.9M | ||
| Q3 25 | $41.4M | $14.6M | ||
| Q2 25 | $-29.2M | $-17.6M | ||
| Q1 25 | $-10.6M | $-11.4M | ||
| Q4 24 | $-27.8M | $50.6M | ||
| Q3 24 | $21.0M | $43.0M | ||
| Q2 24 | $5.2M | $29.2M | ||
| Q1 24 | $-61.0M | $26.5M |
| Q4 25 | 6.6% | 4.0% | ||
| Q3 25 | 10.2% | 5.8% | ||
| Q2 25 | -7.2% | -7.0% | ||
| Q1 25 | -3.2% | -5.0% | ||
| Q4 24 | -6.5% | 21.6% | ||
| Q3 24 | 5.6% | 18.4% | ||
| Q2 24 | 1.4% | 11.3% | ||
| Q1 24 | -18.7% | 10.5% |
| Q4 25 | 5.6% | 6.5% | ||
| Q3 25 | 3.7% | 8.3% | ||
| Q2 25 | 4.1% | 6.1% | ||
| Q1 25 | 7.6% | 10.9% | ||
| Q4 24 | 13.4% | 9.9% | ||
| Q3 24 | 8.9% | 9.9% | ||
| Q2 24 | 6.8% | 9.4% | ||
| Q1 24 | 8.0% | 11.1% |
| Q4 25 | 7.04× | 2.17× | ||
| Q3 25 | — | 4.73× | ||
| Q2 25 | -1.32× | -0.34× | ||
| Q1 25 | 0.24× | 3.58× | ||
| Q4 24 | — | 9.44× | ||
| Q3 24 | — | — | ||
| Q2 24 | — | 2.65× | ||
| Q1 24 | — | 2.27× |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
Revenue Breakdown by Segment
CCO
Segment breakdown not available.
IPGP
| Materials Processing | $232.8M | 85% |
| Laser And Non Laser Systems | $38.8M | 14% |
| Transferred Over Time | $5.3M | 2% |
