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Side-by-side financial comparison of Clear Channel Outdoor Holdings, Inc. (CCO) and Paylocity Holding Corp (PCTY). 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 $387.0M, roughly 1.2× Paylocity Holding Corp). Paylocity Holding Corp runs the higher net margin — 13.0% vs 1.7%, a 11.2% gap on every dollar of revenue. On growth, Paylocity Holding Corp posted the faster year-over-year revenue change (11.3% vs 8.2%). Paylocity Holding Corp produced more free cash flow last quarter ($113.6M vs $30.3M). Over the past eight quarters, Clear Channel Outdoor Holdings, Inc.'s revenue compounded faster (18.8% CAGR vs 2.7%).

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

Paylocity Holding Corporation is an American provider of cloud-based payroll, , spend management, and human capital management (HCM) software.

CCO vs PCTY — Head-to-Head

Bigger by revenue
CCO
CCO
1.2× larger
CCO
$461.5M
$387.0M
PCTY
Growing faster (revenue YoY)
PCTY
PCTY
+3.1% gap
PCTY
11.3%
8.2%
CCO
Higher net margin
PCTY
PCTY
11.2% more per $
PCTY
13.0%
1.7%
CCO
More free cash flow
PCTY
PCTY
$83.3M more FCF
PCTY
$113.6M
$30.3M
CCO
Faster 2-yr revenue CAGR
CCO
CCO
Annualised
CCO
18.8%
2.7%
PCTY

Income Statement — Q4 FY2025 vs Q2 FY2026

Metric
CCO
CCO
PCTY
PCTY
Revenue
$461.5M
$387.0M
Net Profit
$8.0M
$50.2M
Gross Margin
72.9%
Operating Margin
23.3%
18.2%
Net Margin
1.7%
13.0%
Revenue YoY
8.2%
11.3%
Net Profit YoY
144.8%
34.0%
EPS (diluted)
$0.01
$0.92

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
PCTY
PCTY
Q4 25
$461.5M
$387.0M
Q3 25
$405.6M
$378.9M
Q2 25
$402.8M
$369.9M
Q1 25
$334.2M
$421.1M
Q4 24
$426.7M
$347.7M
Q3 24
$375.2M
$333.1M
Q2 24
$376.5M
$324.7M
Q1 24
$326.8M
$366.8M
Net Profit
CCO
CCO
PCTY
PCTY
Q4 25
$8.0M
$50.2M
Q3 25
$-60.1M
$48.0M
Q2 25
$9.5M
$48.6M
Q1 25
$62.5M
$91.5M
Q4 24
$-17.9M
$37.5M
Q3 24
$-32.5M
$49.6M
Q2 24
$-39.2M
$48.8M
Q1 24
$-89.7M
$85.3M
Gross Margin
CCO
CCO
PCTY
PCTY
Q4 25
72.9%
Q3 25
73.9%
Q2 25
73.5%
Q1 25
77.1%
Q4 24
72.6%
Q3 24
74.4%
Q2 24
74.0%
Q1 24
77.8%
Operating Margin
CCO
CCO
PCTY
PCTY
Q4 25
23.3%
18.2%
Q3 25
19.9%
19.6%
Q2 25
19.2%
17.9%
Q1 25
13.5%
30.2%
Q4 24
23.5%
13.4%
Q3 24
17.8%
19.3%
Q2 24
18.2%
19.4%
Q1 24
13.4%
29.0%
Net Margin
CCO
CCO
PCTY
PCTY
Q4 25
1.7%
13.0%
Q3 25
-14.8%
12.7%
Q2 25
2.4%
13.1%
Q1 25
18.7%
21.7%
Q4 24
-4.2%
10.8%
Q3 24
-8.7%
14.9%
Q2 24
-10.4%
15.0%
Q1 24
-27.4%
23.3%
EPS (diluted)
CCO
CCO
PCTY
PCTY
Q4 25
$0.01
$0.92
Q3 25
$-0.12
$0.86
Q2 25
$0.02
$0.87
Q1 25
$0.13
$1.61
Q4 24
$-0.03
$0.66
Q3 24
$-0.07
$0.88
Q2 24
$-0.08
$0.85
Q1 24
$-0.19
$1.50

Balance Sheet & Financial Strength

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

Metric
CCO
CCO
PCTY
PCTY
Cash + ST InvestmentsLiquidity on hand
$190.0M
$162.5M
Total DebtLower is stronger
$5.1B
$81.3M
Stockholders' EquityBook value
$-3.4B
$1.1B
Total Assets
$3.8B
$7.0B
Debt / EquityLower = less leverage
0.07×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
CCO
CCO
PCTY
PCTY
Q4 25
$190.0M
$162.5M
Q3 25
$155.0M
$165.2M
Q2 25
$138.6M
$398.1M
Q1 25
$395.8M
$477.8M
Q4 24
$109.7M
$482.4M
Q3 24
$201.1M
$778.5M
Q2 24
$189.3M
$401.8M
Q1 24
$193.2M
$492.7M
Total Debt
CCO
CCO
PCTY
PCTY
Q4 25
$5.1B
$81.3M
Q3 25
$5.1B
$81.3M
Q2 25
$5.1B
$162.5M
Q1 25
$5.3B
$243.8M
Q4 24
$5.7B
$325.0M
Q3 24
$5.7B
$325.0M
Q2 24
$5.7B
$0
Q1 24
$5.7B
Stockholders' Equity
CCO
CCO
PCTY
PCTY
Q4 25
$-3.4B
$1.1B
Q3 25
$-3.5B
$1.1B
Q2 25
$-3.4B
$1.2B
Q1 25
$-3.4B
$1.2B
Q4 24
$-3.6B
$1.2B
Q3 24
$-3.6B
$1.1B
Q2 24
$-3.6B
$1.0B
Q1 24
$-3.5B
$1.1B
Total Assets
CCO
CCO
PCTY
PCTY
Q4 25
$3.8B
$7.0B
Q3 25
$3.8B
$4.2B
Q2 25
$3.8B
$4.4B
Q1 25
$4.0B
$5.2B
Q4 24
$4.8B
$5.3B
Q3 24
$4.6B
$4.0B
Q2 24
$4.5B
$4.2B
Q1 24
$4.6B
$5.0B
Debt / Equity
CCO
CCO
PCTY
PCTY
Q4 25
0.07×
Q3 25
0.07×
Q2 25
0.13×
Q1 25
0.20×
Q4 24
0.28×
Q3 24
0.29×
Q2 24
0.00×
Q1 24

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
PCTY
PCTY
Operating Cash FlowLast quarter
$56.3M
$117.0M
Free Cash FlowOCF − Capex
$30.3M
$113.6M
FCF MarginFCF / Revenue
6.6%
29.4%
Capex IntensityCapex / Revenue
5.6%
0.9%
Cash ConversionOCF / Net Profit
7.04×
2.33×
TTM Free Cash FlowTrailing 4 quarters
$32.0M
$461.1M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
CCO
CCO
PCTY
PCTY
Q4 25
$56.3M
$117.0M
Q3 25
$56.2M
$86.5M
Q2 25
$-12.6M
$86.6M
Q1 25
$14.9M
$186.0M
Q4 24
$29.3M
$54.2M
Q3 24
$54.5M
$91.5M
Q2 24
$30.8M
$79.9M
Q1 24
$-34.8M
$167.5M
Free Cash Flow
CCO
CCO
PCTY
PCTY
Q4 25
$30.3M
$113.6M
Q3 25
$41.4M
$82.7M
Q2 25
$-29.2M
$81.1M
Q1 25
$-10.6M
$183.7M
Q4 24
$-27.8M
$51.2M
Q3 24
$21.0M
$89.1M
Q2 24
$5.2M
$73.6M
Q1 24
$-61.0M
$162.0M
FCF Margin
CCO
CCO
PCTY
PCTY
Q4 25
6.6%
29.4%
Q3 25
10.2%
21.8%
Q2 25
-7.2%
21.9%
Q1 25
-3.2%
43.6%
Q4 24
-6.5%
14.7%
Q3 24
5.6%
26.8%
Q2 24
1.4%
22.7%
Q1 24
-18.7%
44.2%
Capex Intensity
CCO
CCO
PCTY
PCTY
Q4 25
5.6%
0.9%
Q3 25
3.7%
1.0%
Q2 25
4.1%
1.5%
Q1 25
7.6%
0.5%
Q4 24
13.4%
0.9%
Q3 24
8.9%
0.7%
Q2 24
6.8%
1.9%
Q1 24
8.0%
1.5%
Cash Conversion
CCO
CCO
PCTY
PCTY
Q4 25
7.04×
2.33×
Q3 25
1.80×
Q2 25
-1.32×
1.78×
Q1 25
0.24×
2.03×
Q4 24
1.45×
Q3 24
1.84×
Q2 24
1.64×
Q1 24
1.96×

Financial Flow Comparison

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

Revenue Breakdown by Segment

CCO
CCO

Segment breakdown not available.

PCTY
PCTY

Recurring Fees$370.1M96%
Implementation Services And Other$16.9M4%

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