IHRT Market Cap History



Below is a table of the IHRT market cap history going back to 7/18/2019:

Date IHRT Market Cap
7/18/2019938.22M
8/9/2019738.35M
11/4/2019849.90M
2/21/20201.04B
5/1/2020403.78M
8/3/2020556.33M
11/5/2020571.12M
2/22/20211.65B
5/3/20212.19B
8/2/20213.05B
11/1/20212.37B
2/18/20222.50B
5/2/20222.03B
8/1/2022951.72M
10/31/20221.01B
2/24/2023851.24M
4/27/2023421.91M
8/3/2023525.93M
11/6/2023315.67M
2/26/2024288.76M

Also see: IHRT Shares Outstanding History
and IHRT YTD Return
IHRT Historical Market Cap:
-22.54% CAGR
IHRT Historical Market Cap: +-22.54% CAGR

Mouse over chart for data details
7/18/2019 ...2/26/2024
iHeartMedia is a holding company. Through its subsidiaries, Co is engaged in delivering content where its listeners want to find it across its various platforms. Co. has three reportable segments: Multiplatform Group, which includes broadcast radio that is selling advertising time on its domestic broadcast radio stations and networks businesses that enable advertisers to engage with consumers; Digital Audio Group, which includes its podcasting business and provides digital businesses; and Audio and Media Services Group, which provides services to broadcast industry participants through its Katz Media Group and RCS Sound Software businesses. We show 20 historical shares outstanding datapoints in our IHRT shares outstanding history coverage, used to compute IHRT market cap on those dates.

Understanding the changing numbers of shares outstanding, the changing share price, and the resulting changing IHRT market cap history over the course of time is important for investors interested in comparing IHRT's market cap history versus its peers. Many "beginner" or "novice" investors will look at one stock trading at a price of $10 per share and another trading at a price of $20 per share and think the latter company is worth twice as much. Of course, that is a completely meaningless comparison without also knowing how many shares outstanding there are for each of the two companies, and then calculating their respective market caps. Comparing the share price of IHRT versus a peer is one thing; comparing IHRT market cap versus a peer is a completely different story. Furthermore, via fluctuation both in per-share price and in the number of shares outstanding (via issuance of new shares over time, the repurchase of existing shares), the market cap for a company like IHRT can fluctuate over the course of history. With this page we aim to empower investors researching IHRT by allowing them to research the IHRT market cap history.
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iHeartMedia (IHRT) is categorized under the Services sector; to help you further research historical market cap numbers, below are some other companies in the same sector:

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