Outfront Media Inc. (OUT) Stock

Outfront Media Inc. (OUT) is a Real Estate stock trading at $29.82 (as of 2026-08-21), with a market capitalization of $5.25B and a trailing P/E of 21.5. Figures are sourced from first-party U.S. SEC EDGAR filings and market data.

Outfront Media Inc. connects brands with consumers outside the home by operating a portfolio of billboard, transit, and mobile advertising assets in North America. It also provides a technology platform to support how advertisers engage audiences on the go.

Understand Outfront Media Inc.: how it makes money

Outfront Media operates billboard, transit, and mobile outdoor advertising assets in North America and makes money by connecting brands with consumers on-the-go, supported by its technology platform.

Outfront’s profit model depends on selling advertising exposure on its fixed network of billboard and transit (plus mobile) assets, with its technology platform aimed at helping advertisers reach audiences while they are on-the-go.

Revenue by segment (latest quarter)
Billboard	$0.3B
Transit&Other	$0.1B

Business quality (Mixed): Useful segment revenue candidates and operating margin are provided, but gross margin is missing, segment definitions are not shown here, and the available operating KPIs appear to be revenue-based rather than deeper operational measures.

Valuation: At 31× earnings, OUT trades in line with the Trading average (34×). Note: one-time items can distort reported P/E.

Bull case

Revenue is tied to a large, diverse set of out-of-home assets (billboard, transit, and mobile) across North America, giving the company multiple ways to monetize advertiser budgets: Multiple asset types referenced in the business description.
Technology is a stated part of the strategy, aiming to change how advertisers engage audiences on-the-go: Business description highlights a technology platform as a core enabler.

Bear case

Ad spending risk, because the business model connects brands to consumers through advertising placements, so demand fluctuations from advertisers can directly impact revenue: Business description frames monetization as connecting brands with consumers via on-the-go media assets.
Strategic execution risk, because the company’s stated technology platform goal is to fundamentally change advertiser engagement, which may take time to translate into results: Business description presents technology change as a forward-looking objective.

Valuation — source: SEC EDGAR (first-party)
Price	$29.82
Market Cap	$5.25B
P/E Ratio	21.5
EV / EBITDA	14.1
Price / Book	7.58
Price / Sales	2.72
FCF Yield	5.8%
DCF Value (model)	$5.17
DCF Upside vs Price	-82.7%

Profitability & Growth — source: SEC EDGAR
Revenue (TTM)	$1.83B
Net Margin	8.0%
Revenue Growth (YoY)	13.5%
EPS Growth (YoY)	340.0%
FCF Growth (YoY)	120.3%

Financial Health — source: SEC EDGAR
Altman Z-Score	0.70 (distress)

Valuation vs Sector & Industry
Stock P/E	21.5
Sector P/E (Real Estate)	27.2
Industry P/E (Trading)	35.3
vs Sector	-21.0%
vs Industry	-39.2%

Smart-Money Activity — SEC Form 4 / 13F / Congressional disclosures
Top Institutional Holder	BlackRock, Inc. ($643.19M)
Institutional Holders Tracked	10
Congressional Trades (recent)	1

Company
Sector	Real Estate
Industry	Trading
CEO	Nicolas Brien
Employees	2,149
Country	US
IPO Date	2014-03-28

Related Companies (Business model: Equity REIT (Real Estate Investment Trust); 8 closest by market cap; US-domiciled)

Data as of 2026-08-21.

Figures sourced from U.S. Securities and Exchange Commission (SEC EDGAR) filings and market data. Not personalized investment advice.