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Side-by-side financial comparison of iHeartMedia, Inc. (IHRT) and BLUE OWL CAPITAL INC. (OWL). Click either name above to swap in a different company.
iHeartMedia, Inc. is the larger business by last-quarter revenue ($1.1B vs $755.6M, roughly 1.5× BLUE OWL CAPITAL INC.). BLUE OWL CAPITAL INC. runs the higher net margin — 6.3% vs -3.7%, a 10.0% gap on every dollar of revenue. On growth, BLUE OWL CAPITAL INC. posted the faster year-over-year revenue change (19.7% vs 0.8%). BLUE OWL CAPITAL INC. produced more free cash flow last quarter ($359.1M vs $137.6M). Over the past eight quarters, BLUE OWL CAPITAL INC.'s revenue compounded faster (21.3% CAGR vs 18.8%).
iHeartMedia, Inc., or CC Media Holdings, Inc., is an American mass media corporation headquartered in San Antonio, Texas. It is the holding company of iHeartCommunications, Inc., formerly Clear Channel Communications, Inc., a company founded by Lowry Mays and Red McCombs in 1972, and later taken private by Bain Capital and Thomas H. Lee Partners in a leveraged buyout in 2008.
Blue Owl Capital Inc. is an American alternative investment asset management company that is listed on the New York Stock Exchange under the ticker symbol: "OWL". Headquartered in New York City, it has additional offices around the world, including London, Dubai, and Hong Kong.
IHRT vs OWL — Head-to-Head
Income Statement — Q4 FY2025 vs Q4 FY2025
| Metric | | |
|---|---|---|
| Revenue | $1.1B | $755.6M |
| Net Profit | $-41.9M | $47.7M |
| Gross Margin | — | — |
| Operating Margin | 7.6% | 22.2% |
| Net Margin | -3.7% | 6.3% |
| Revenue YoY | 0.8% | 19.7% |
| Net Profit YoY | -233.1% | 129.8% |
| EPS (diluted) | $-0.25 | $0.07 |
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 | $1.1B | $755.6M | ||
| Q3 25 | $997.0M | $728.0M | ||
| Q2 25 | $933.7M | $703.1M | ||
| Q1 25 | $807.1M | $683.5M | ||
| Q4 24 | $1.1B | $631.4M | ||
| Q3 24 | $1.0B | $600.9M | ||
| Q2 24 | $929.1M | $549.8M | ||
| Q1 24 | $799.0M | $513.3M |
| Q4 25 | $-41.9M | $47.7M | ||
| Q3 25 | $-66.3M | $6.3M | ||
| Q2 25 | $-83.5M | $17.4M | ||
| Q1 25 | $-281.2M | $7.4M | ||
| Q4 24 | $31.5M | $20.7M | ||
| Q3 24 | $-41.3M | $29.8M | ||
| Q2 24 | $-981.7M | $33.9M | ||
| Q1 24 | $-18.5M | $25.1M |
| Q4 25 | 7.6% | 22.2% | ||
| Q3 25 | -11.7% | 7.6% | ||
| Q2 25 | 3.8% | 12.0% | ||
| Q1 25 | -3.2% | 5.9% | ||
| Q4 24 | 9.3% | 11.7% | ||
| Q3 24 | 7.6% | 18.7% | ||
| Q2 24 | -97.9% | 28.4% | ||
| Q1 24 | -4.3% | 24.7% |
| Q4 25 | -3.7% | 6.3% | ||
| Q3 25 | -6.6% | 0.9% | ||
| Q2 25 | -8.9% | 2.5% | ||
| Q1 25 | -34.8% | 1.1% | ||
| Q4 24 | 2.8% | 3.3% | ||
| Q3 24 | -4.1% | 5.0% | ||
| Q2 24 | -105.7% | 6.2% | ||
| Q1 24 | -2.3% | 4.9% |
| Q4 25 | $-0.25 | $0.07 | ||
| Q3 25 | $-0.43 | $0.01 | ||
| Q2 25 | $-0.54 | $0.02 | ||
| Q1 25 | $-1.84 | $0.00 | ||
| Q4 24 | $0.21 | $0.06 | ||
| Q3 24 | $-0.27 | $0.04 | ||
| Q2 24 | $-6.50 | $0.06 | ||
| Q1 24 | $-0.12 | $0.04 |
Balance Sheet & Financial Strength
Snapshot of each company's liquidity, leverage and book value from the latest quarter.
| Metric | | |
|---|---|---|
| Cash + ST InvestmentsLiquidity on hand | $270.9M | $194.5M |
| Total DebtLower is stronger | $5.1B | $3.3B |
| Stockholders' EquityBook value | $-1.8B | $2.2B |
| Total Assets | $5.1B | $12.5B |
| Debt / EquityLower = less leverage | — | 1.51× |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $270.9M | $194.5M | ||
| Q3 25 | $192.2M | $137.3M | ||
| Q2 25 | $235.9M | $117.6M | ||
| Q1 25 | $167.7M | $97.6M | ||
| Q4 24 | $259.6M | $152.1M | ||
| Q3 24 | $431.8M | $115.9M | ||
| Q2 24 | $364.7M | $436.8M | ||
| Q1 24 | $361.4M | $155.8M |
| Q4 25 | $5.1B | $3.3B | ||
| Q3 25 | $5.1B | $3.2B | ||
| Q2 25 | $5.1B | $3.2B | ||
| Q1 25 | $5.1B | $3.2B | ||
| Q4 24 | $5.1B | $2.6B | ||
| Q3 24 | $5.2B | $2.5B | ||
| Q2 24 | $5.2B | $2.5B | ||
| Q1 24 | $5.1B | $2.1B |
| Q4 25 | $-1.8B | $2.2B | ||
| Q3 25 | $-1.8B | $2.3B | ||
| Q2 25 | $-1.7B | $2.4B | ||
| Q1 25 | $-1.6B | $2.3B | ||
| Q4 24 | $-1.4B | $2.1B | ||
| Q3 24 | $-1.4B | $2.0B | ||
| Q2 24 | $-1.4B | $1.7B | ||
| Q1 24 | $-398.6M | $1.6B |
| Q4 25 | $5.1B | $12.5B | ||
| Q3 25 | $5.1B | $12.5B | ||
| Q2 25 | $5.4B | $12.3B | ||
| Q1 25 | $5.3B | $12.3B | ||
| Q4 24 | $5.6B | $11.0B | ||
| Q3 24 | $5.8B | $10.8B | ||
| Q2 24 | $5.8B | $9.7B | ||
| Q1 24 | $6.8B | $9.0B |
| Q4 25 | — | 1.51× | ||
| Q3 25 | — | 1.41× | ||
| Q2 25 | — | 1.38× | ||
| Q1 25 | — | 1.37× | ||
| Q4 24 | — | 1.22× | ||
| Q3 24 | — | 1.27× | ||
| Q2 24 | — | 1.41× | ||
| Q1 24 | — | 1.26× |
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 | $156.3M | $382.9M |
| Free Cash FlowOCF − Capex | $137.6M | $359.1M |
| FCF MarginFCF / Revenue | 12.2% | 47.5% |
| Capex IntensityCapex / Revenue | 1.7% | 3.1% |
| Cash ConversionOCF / Net Profit | — | 8.03× |
| TTM Free Cash FlowTrailing 4 quarters | $10.9M | $1.2B |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $156.3M | $382.9M | ||
| Q3 25 | $-9.5M | $433.1M | ||
| Q2 25 | $6.8M | $422.5M | ||
| Q1 25 | $-60.9M | $17.6M | ||
| Q4 24 | $1.2M | $324.0M | ||
| Q3 24 | $102.8M | $326.0M | ||
| Q2 24 | $26.7M | $302.3M | ||
| Q1 24 | $-59.3M | $47.2M |
| Q4 25 | $137.6M | $359.1M | ||
| Q3 25 | $-32.8M | $422.5M | ||
| Q2 25 | $-13.2M | $412.5M | ||
| Q1 25 | $-80.7M | $4.2M | ||
| Q4 24 | $-24.2M | $310.1M | ||
| Q3 24 | $73.3M | $314.8M | ||
| Q2 24 | $5.6M | $269.4M | ||
| Q1 24 | $-80.9M | $41.1M |
| Q4 25 | 12.2% | 47.5% | ||
| Q3 25 | -3.3% | 58.0% | ||
| Q2 25 | -1.4% | 58.7% | ||
| Q1 25 | -10.0% | 0.6% | ||
| Q4 24 | -2.2% | 49.1% | ||
| Q3 24 | 7.3% | 52.4% | ||
| Q2 24 | 0.6% | 49.0% | ||
| Q1 24 | -10.1% | 8.0% |
| Q4 25 | 1.7% | 3.1% | ||
| Q3 25 | 2.3% | 1.5% | ||
| Q2 25 | 2.1% | 1.4% | ||
| Q1 25 | 2.4% | 2.0% | ||
| Q4 24 | 2.3% | 2.2% | ||
| Q3 24 | 2.9% | 1.9% | ||
| Q2 24 | 2.3% | 6.0% | ||
| Q1 24 | 2.7% | 1.2% |
| Q4 25 | — | 8.03× | ||
| Q3 25 | — | 68.64× | ||
| Q2 25 | — | 24.25× | ||
| Q1 25 | — | 2.37× | ||
| Q4 24 | 0.04× | 15.62× | ||
| Q3 24 | — | 10.94× | ||
| Q2 24 | — | 8.91× | ||
| Q1 24 | — | 1.88× |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
Revenue Breakdown by Segment
IHRT
| Broadcast Radio | $469.9M | 42% |
| Digital Non Podcast | $212.9M | 19% |
| Tradeand Barter Transactions | $124.4M | 11% |
| Networks | $118.2M | 10% |
| Audio And Media Services Group Segment | $78.9M | 7% |
| Sponsorship And Events | $71.4M | 6% |
| Advertising Trade And Barter Transactions | $23.7M | 2% |
| Other | $22.7M | 2% |
OWL
| Credit Platform | $455.0M | 60% |
| GP Strategic Capital Platform | $157.0M | 21% |
| Administrative Service | $87.6M | 12% |
| IPI Partners LLC | $33.8M | 4% |
| Other | $22.2M | 3% |
