IHRTB (iHeartMedia) COGS-to-Revenue : 0.41 (As of Sep. 2024)

View and export this data going back to 2020. Start your Free Trial

What is iHeartMedia COGS-to-Revenue?

iHeartMedia's Cost of Goods Sold for the three months ended in Sep. 2024 was $410 Mil. Its Revenue for the three months ended in Sep. 2024 was $1,008 Mil.

iHeartMedia's COGS to Revenue for the three months ended in Sep. 2024 was 0.41.

Cost of Goods Sold is directly linked to profitability of the company through Gross Margin. iHeartMedia's Gross Margin % for the three months ended in Sep. 2024 was 59.36%.

iHeartMedia COGS-to-Revenue Historical Data

The historical data trend for iHeartMedia's COGS-to-Revenue can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

iHeartMedia COGS-to-Revenue Chart

iHeartMedia Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

COGS-to-Revenue

Get a 7-Day Free Trial

0.39

0.37

0.38

0.40

iHeartMedia Quarterly Data
	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24
COGS-to-Revenue	Get a 7-Day Free Trial															0.40	0.39	0.43	0.41	0.41

iHeartMedia COGS-to-Revenue Calculation

iHeartMedia's COGS to Revenue for the fiscal year that ended in Dec. 2023 is calculated as

COGS to Revenue	=	Cost of Goods Sold	/	Revenue
	=	1494.234	/	3751.025
	=	0.40

iHeartMedia's COGS to Revenue for the quarter that ended in Sep. 2024 is calculated as

COGS to Revenue	=	Cost of Goods Sold	/	Revenue
	=	409.745	/	1008.133
	=	0.41

iHeartMedia (OTCPK:IHRTB) COGS-to-Revenue Explanation

Cost of Goods Sold is directly linked to profitability of the company through Gross Margin.

iHeartMedia's Gross Margin % for the three months ended in Sep. 2024 is calculated as:

Gross Margin %	=	1	-	COGS to Revenue
	=	1	-	Cost of Goods Sold / Revenue
	=	1	-	409.745 / 1008.133
	=	59.36 %

A company that has a moat can usually maintain or even expand their Gross Margin. A company can increase its Gross Margin in two ways. It can increase the prices of the goods it sells and keeps its Cost of Goods Sold unchanged. Or it can keep the sales price unchanged and squeeze its suppliers to reduce the Cost of Goods Sold. Warren Buffett believes businesses with the power to raise prices have moats.

iHeartMedia COGS-to-Revenue Related Terms

Thank you for viewing the detailed overview of iHeartMedia's COGS-to-Revenue provided by GuruFocus.com. Please click on the following links to see related term pages.

iHeartMedia Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Media - Diversified » iHeartMedia Inc (OTCPK:IHRTB) » Definitions » COGS-to-Revenue

Comparable Companies

Traded in Other Exchanges

IHRT:USA

Address

20880 Stone Oak Parkway, San Antonio, TX, USA, 78258

Website

https://www.iheartmedia.com

iHeartMedia Inc is a United States-based diversified media and entertainment company. The company operates through the segments of the Multiplatform Group, the Digital Audio Group, and the Audio & Media Services Group. The company derives prime revenue from the Multiplatform Group segment which includes the company's Broadcast radio, Networks and Sponsorships, and Events businesses. The Digital Audio Group segment includes all of the company's digital businesses, including podcasting; and the Audio & Media Services Group includes Katz Media Group, a full-service media representation business, and RCS Sound Software, a provider of scheduling and broadcast software and services.