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Side-by-side financial comparison of iHeartMedia, Inc. (IHRT) and SEALED AIR CORP (SEE). Click either name above to swap in a different company.
SEALED AIR CORP is the larger business by last-quarter revenue ($1.4B vs $1.1B, roughly 1.2× iHeartMedia, Inc.). SEALED AIR CORP runs the higher net margin — 3.1% vs -3.7%, a 6.9% gap on every dollar of revenue. On growth, SEALED AIR CORP posted the faster year-over-year revenue change (2.6% vs 0.8%). SEALED AIR CORP produced more free cash flow last quarter ($257.7M vs $137.6M). Over the past eight quarters, iHeartMedia, Inc.'s revenue compounded faster (18.8% CAGR vs 2.7%).
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.
Sealed Air Corporation is a global provider of innovative packaging and protective solutions. Its core offerings include cushioning materials, food safety and preservation packaging, and sustainable waste-reducing packaging systems, serving retail, e-commerce, food and beverage, and industrial manufacturing markets worldwide.
IHRT vs SEE — Head-to-Head
Income Statement — Q4 FY2025 vs Q4 FY2025
| Metric | | |
|---|---|---|
| Revenue | $1.1B | $1.4B |
| Net Profit | $-41.9M | $43.8M |
| Gross Margin | — | 28.6% |
| Operating Margin | 7.6% | 11.4% |
| Net Margin | -3.7% | 3.1% |
| Revenue YoY | 0.8% | 2.6% |
| Net Profit YoY | -233.1% | 700.0% |
| EPS (diluted) | $-0.25 | $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 | $1.1B | $1.4B | ||
| Q3 25 | $997.0M | $1.3B | ||
| Q2 25 | $933.7M | $1.3B | ||
| Q1 25 | $807.1M | $1.3B | ||
| Q4 24 | $1.1B | $1.4B | ||
| Q3 24 | $1.0B | $1.3B | ||
| Q2 24 | $929.1M | $1.3B | ||
| Q1 24 | $799.0M | $1.3B |
| Q4 25 | $-41.9M | $43.8M | ||
| Q3 25 | $-66.3M | $255.1M | ||
| Q2 25 | $-83.5M | $93.1M | ||
| Q1 25 | $-281.2M | $113.5M | ||
| Q4 24 | $31.5M | $-7.3M | ||
| Q3 24 | $-41.3M | $91.7M | ||
| Q2 24 | $-981.7M | $98.3M | ||
| Q1 24 | $-18.5M | $82.0M |
| Q4 25 | — | 28.6% | ||
| Q3 25 | — | 29.8% | ||
| Q2 25 | — | 30.7% | ||
| Q1 25 | — | 30.9% | ||
| Q4 24 | — | 30.0% | ||
| Q3 24 | — | 30.1% | ||
| Q2 24 | — | 31.2% | ||
| Q1 24 | — | 30.3% |
| Q4 25 | 7.6% | 11.4% | ||
| Q3 25 | -11.7% | 13.8% | ||
| Q2 25 | 3.8% | 15.0% | ||
| Q1 25 | -3.2% | 14.5% | ||
| Q4 24 | 9.3% | 11.7% | ||
| Q3 24 | 7.6% | 13.9% | ||
| Q2 24 | -97.9% | 15.4% | ||
| Q1 24 | -4.3% | 14.0% |
| Q4 25 | -3.7% | 3.1% | ||
| Q3 25 | -6.6% | 19.0% | ||
| Q2 25 | -8.9% | 7.0% | ||
| Q1 25 | -34.8% | 9.0% | ||
| Q4 24 | 2.8% | -0.5% | ||
| Q3 24 | -4.1% | 6.9% | ||
| Q2 24 | -105.7% | 7.4% | ||
| Q1 24 | -2.3% | 6.2% |
| Q4 25 | $-0.25 | $0.30 | ||
| Q3 25 | $-0.43 | $1.73 | ||
| Q2 25 | $-0.54 | $0.63 | ||
| Q1 25 | $-1.84 | $0.77 | ||
| Q4 24 | $0.21 | $-0.05 | ||
| Q3 24 | $-0.27 | $0.63 | ||
| Q2 24 | $-6.50 | $0.67 | ||
| Q1 24 | $-0.12 | $0.56 |
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 | $344.0M |
| Total DebtLower is stronger | $5.1B | $3.3B |
| Stockholders' EquityBook value | $-1.8B | $1.2B |
| Total Assets | $5.1B | $7.0B |
| Debt / EquityLower = less leverage | — | 2.65× |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $270.9M | $344.0M | ||
| Q3 25 | $192.2M | $282.5M | ||
| Q2 25 | $235.9M | $354.4M | ||
| Q1 25 | $167.7M | $335.2M | ||
| Q4 24 | $259.6M | $371.8M | ||
| Q3 24 | $431.8M | $386.0M | ||
| Q2 24 | $364.7M | $388.6M | ||
| Q1 24 | $361.4M | $352.8M |
| Q4 25 | $5.1B | $3.3B | ||
| Q3 25 | $5.1B | $4.0B | ||
| Q2 25 | $5.1B | $4.0B | ||
| Q1 25 | $5.1B | $4.2B | ||
| Q4 24 | $5.1B | $4.2B | ||
| Q3 24 | $5.2B | $4.3B | ||
| Q2 24 | $5.2B | $4.4B | ||
| Q1 24 | $5.1B | $4.5B |
| Q4 25 | $-1.8B | $1.2B | ||
| Q3 25 | $-1.8B | $1.2B | ||
| Q2 25 | $-1.7B | $953.1M | ||
| Q1 25 | $-1.6B | $797.9M | ||
| Q4 24 | $-1.4B | $624.5M | ||
| Q3 24 | $-1.4B | $771.2M | ||
| Q2 24 | $-1.4B | $650.1M | ||
| Q1 24 | $-398.6M | $598.3M |
| Q4 25 | $5.1B | $7.0B | ||
| Q3 25 | $5.1B | $7.1B | ||
| Q2 25 | $5.4B | $7.2B | ||
| Q1 25 | $5.3B | $7.0B | ||
| Q4 24 | $5.6B | $7.0B | ||
| Q3 24 | $5.8B | $7.3B | ||
| Q2 24 | $5.8B | $7.3B | ||
| Q1 24 | $6.8B | $7.2B |
| Q4 25 | — | 2.65× | ||
| Q3 25 | — | 3.34× | ||
| Q2 25 | — | 4.18× | ||
| Q1 25 | — | 5.26× | ||
| Q4 24 | — | 6.72× | ||
| Q3 24 | — | 5.62× | ||
| Q2 24 | — | 6.81× | ||
| Q1 24 | — | 7.49× |
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 | $293.6M |
| Free Cash FlowOCF − Capex | $137.6M | $257.7M |
| FCF MarginFCF / Revenue | 12.2% | 18.5% |
| Capex IntensityCapex / Revenue | 1.7% | 2.6% |
| Cash ConversionOCF / Net Profit | — | 6.70× |
| TTM Free Cash FlowTrailing 4 quarters | $10.9M | $458.5M |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $156.3M | $293.6M | ||
| Q3 25 | $-9.5M | $165.9M | ||
| Q2 25 | $6.8M | $136.6M | ||
| Q1 25 | $-60.9M | $31.9M | ||
| Q4 24 | $1.2M | $244.2M | ||
| Q3 24 | $102.8M | $170.5M | ||
| Q2 24 | $26.7M | $188.2M | ||
| Q1 24 | $-59.3M | $125.1M |
| Q4 25 | $137.6M | $257.7M | ||
| Q3 25 | $-32.8M | $119.6M | ||
| Q2 25 | $-13.2M | $93.2M | ||
| Q1 25 | $-80.7M | $-12.0M | ||
| Q4 24 | $-24.2M | $185.1M | ||
| Q3 24 | $73.3M | $115.2M | ||
| Q2 24 | $5.6M | $129.5M | ||
| Q1 24 | $-80.9M | $78.0M |
| Q4 25 | 12.2% | 18.5% | ||
| Q3 25 | -3.3% | 8.9% | ||
| Q2 25 | -1.4% | 7.0% | ||
| Q1 25 | -10.0% | -0.9% | ||
| Q4 24 | -2.2% | 13.6% | ||
| Q3 24 | 7.3% | 8.6% | ||
| Q2 24 | 0.6% | 9.7% | ||
| Q1 24 | -10.1% | 5.9% |
| Q4 25 | 1.7% | 2.6% | ||
| Q3 25 | 2.3% | 3.4% | ||
| Q2 25 | 2.1% | 3.3% | ||
| Q1 25 | 2.4% | 3.5% | ||
| Q4 24 | 2.3% | 4.4% | ||
| Q3 24 | 2.9% | 4.1% | ||
| Q2 24 | 2.3% | 4.4% | ||
| Q1 24 | 2.7% | 3.6% |
| Q4 25 | — | 6.70× | ||
| Q3 25 | — | 0.65× | ||
| Q2 25 | — | 1.47× | ||
| Q1 25 | — | 0.28× | ||
| Q4 24 | 0.04× | — | ||
| Q3 24 | — | 1.86× | ||
| Q2 24 | — | 1.91× | ||
| Q1 24 | — | 1.53× |
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% |
SEE
| Protective Segment | $1.1B | 78% |
| Other | $292.0M | 21% |
| Pension Plans Defined Benefit | $7.9M | 1% |
