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  • Previous Rank426
  • Revenues ($M)$6,178.20
  • Revenue Percent Change-1.5%
  • Profits ($M)$-704.4
  • Profits Percent Change-
  • Assets ($M)$12,257.30
  • Employees18,700
  • Market Value — as of March 29, 2018 ($M)$39.4

There wasn’t much to love about iHeartMedia’s 2017: its revenue slid and it recorded a net loss and tumbled 26 spots on the Fortune 500 as a result. Formerly Clear Channel Communications, the Texas-based media company has a large outdoor advertising business and is the U.S.’s largest operator of radio stations, but suffocated under debt from a $17.9 billion leveraged buyout in 2008 and amid competition from music streaming services. In early 2018, it filed for bankruptcy in an effort to restructure its balance sheet.

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Company Info

CEO
Robert W. Pittman
CEO Title
Chairman & Chief Executive Officer
Sector
Media
Industry
Entertainment
HQ Location
San Antonio
Websitehttp://www.iheartmedia.com
Years on Fortune 500 List18
Employees18,700
Figures are for the twelve months ended Sept. 30, 2017. Comparison is with fiscal year ended Dec. 31, 2016.

iHeartMedia Rank History

Key Financials (Last Fiscal Year)

$ millions% change
Revenues ($M)$6,178.20-1.5%
Profits ($M)$-704.4-
Assets ($M)$12,257.30-
Total Stockholder Equity ($M)$-11,791.80-
Market Value — as of March 29, 2018 ($M)$39.4-

Profit Ratios

Profit as % of Revenues-11.4%
Profits as % of Assets-5.7%
Profits as % of Stockholder Equity-

Earnings Per Share (Last Fiscal Year)

Earnings Per Share ($)-8.29
EPS % Change (from 2016)-
EPS % Change (5 year annual rate)-
EPS % Change (10 year annual rate)-

Total Return

Total Return to Investors (2017)-55%
Total Return to Investors (5 year, annualized)-31.8%
Total Return to Investors (10 year, annualized)-