Cumulus Media (CMLS) Stock Price

Cumulus Media Price

🇺🇸NASDAQ·CLOSED
0.01USD
Market closed
Today +/-
Today %

Cumulus Media (CMLS) Stock | ISIN US2310828015 | WKN A2PNCF. The current Cumulus Media stock price is 0.01 USD (2026). Revenue is 749.65 M USD. Net income is -51.64 M USD. The P/E ratio is -0. Market capitalization is 114,745.24 USD. Cumulus Media operates in the Communication sector.

Cumulus Media stock price

Details

Stock Price

How to Read This Chart

This chart tracks the historical stock price of Cumulus Media over time. You can switch between daily, weekly, and monthly views and select custom time ranges — from a single day to the full available history. Use the toggle to view price changes in absolute currency terms or as a percentage change relative to the starting date.

Total Return vs. Price Return

The "Total Return" toggle includes reinvested dividends on top of the pure price movement. This is critical because dividends can account for a significant portion of long-term returns. Historically, roughly 40 % of the S&P 500's total return has come from dividends. Always compare total return when evaluating a stock's real performance against a benchmark.

Intraday Price Data

When viewing a one-day time frame, the chart displays real-time intraday price movements. This is useful for observing how Cumulus Media stock reacts to market openings, earnings releases, or breaking news throughout the trading session.

What to Look For

Look for long-term trends (sustained upward or downward movements over months and years), support and resistance levels (price zones where the stock repeatedly bounces or reverses), and volatility (how much the price fluctuates day to day). Comparing Cumulus Media's price chart to a market index like the S&P 500 can reveal whether the stock is outperforming or underperforming the broader market.

Cumulus Media Stock Price History
DateCumulus Media Price
Access this data via the Eulerpool API

Cumulus Media Revenue, EBIT, Net Income

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Revenue
EBIT
Net Income
Details
Date
Revenue
EBIT
Net Income
Jan 1, 2005
327.4 M USD
58.6 M USD
-212.3 M USD
Jan 1, 2006
334.3 M USD
60.9 M USD
-44.2 M USD
Jan 1, 2007
328.3 M USD
76.2 M USD
-223.8 M USD
Jan 1, 2008
311.5 M USD
75.8 M USD
-361.7 M USD
Jan 1, 2009
256 M USD
56.2 M USD
-126.7 M USD
Jan 1, 2010
236.6 M USD
64.2 M USD
28.6 M USD
Jan 1, 2011
466 M USD
39.2 M USD
56.9 M USD
Jan 1, 2012
1 B USD
182.9 M USD
-53.6 M USD
Jan 1, 2013
1.03 B USD
181.7 M USD
159.4 M USD
Jan 1, 2014
1.26 B USD
160.5 M USD
11.4 M USD
Jan 1, 2015
1.17 B USD
109.3 M USD
-546.5 M USD
Jan 1, 2016
1.14 B USD
100.5 M USD
-510.7 M USD
Jan 1, 2017
1.14 B USD
123 M USD
-206.6 M USD
Jan 1, 2018
1.14 B USD
156.5 M USD
757.6 M USD
Jan 1, 2019
1.11 B USD
132.5 M USD
61.3 M USD

Cumulus Media Income Statement, Balance Sheet, Cash Flow Statement

Last updated Jun 10, 2026, 8:48 PM
 
REVENUE (M USD)
REVENUE GROWTH (%)
GROSS MARGIN (%)
GROSS INCOME (M USD)
NET INCOME (M USD)
NET INCOME GROWTH (%)
SHARES (M)
DOCUMENTS
Details

Income Statement Key Figures

Revenue and Revenue Growth

Revenue is the starting point of every income statement — it measures the total sales Cumulus Media generates from its core business. Revenue growth (expressed as year-over-year percentage change) is one of the most important indicators of business momentum. Sustained growth above 10 % annually is generally considered strong, while declining revenue is a serious warning sign that demands investigation.

Gross Margin

Gross margin = (Revenue − Cost of Goods Sold) ÷ Revenue. It reveals what percentage of each dollar of revenue Cumulus Media retains after direct production costs. High gross margins (above 50 %) are typical of asset-light businesses like software and brands, while capital-intensive industries like manufacturing often operate below 30 %. Compare Cumulus Media's gross margin to industry peers and track it over time to spot improving or deteriorating pricing power.

EBIT and EBIT Margin

EBIT measures operating profit — what remains after subtracting all operating expenses (including R&D, sales, and administrative costs) from gross profit. The EBIT margin shows this as a percentage of revenue. Because it excludes interest and taxes, EBIT allows fair comparisons between companies with different debt levels and tax jurisdictions. A rising EBIT margin indicates improving operational efficiency.

Net Income and Earnings Per Share (EPS)

Net income is the company's final profit after all expenses, interest, and taxes. Dividing net income by the number of shares outstanding gives you EPS — the single most influential metric in stock valuation. Consistent EPS growth is the primary driver of long-term stock price appreciation. Always check whether EPS growth comes from genuine profit improvement or from share buybacks reducing the share count.

Shares Outstanding

The total number of shares Cumulus Media has issued. A declining share count (through buybacks) boosts EPS and signals management confidence. A rising share count (through stock issuance) dilutes existing shareholders. Always monitor this number alongside EPS to get the full picture of per-share value creation.

Analyst Estimates

The projected figures represent consensus estimates from professional analysts. Compare these forecasts against Cumulus Media's historical growth rates to assess whether expectations are realistic. A company that consistently beats consensus estimates tends to see its stock price rewarded over time, while repeated misses erode investor confidence.

Cumulus Media stock margins

The Cumulus Media margin analysis displays the gross margin, EBIT margin, as well as the profit margin of Cumulus Media. The EBIT margin (EBIT/sales) indicates the percentage of sales that remains as operating profit. The profit margin shows the percentage of sales that remains for Cumulus Media.
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Gross margin
EBIT margin
Profit margin
Details
Date
Gross margin
EBIT margin
Profit margin
Jan 1, 2005
30.54 %
17.9 %
-64.84 %
Jan 1, 2006
35.96 %
18.22 %
-13.22 %
Jan 1, 2007
35.85 %
23.21 %
-68.17 %
Jan 1, 2008
34.77 %
24.33 %
-116.12 %
Jan 1, 2009
35.31 %
21.95 %
-49.49 %
Jan 1, 2010
39.26 %
27.13 %
12.09 %
Jan 1, 2011
38.86 %
8.41 %
12.21 %
Jan 1, 2012
37.85 %
18.25 %
-5.35 %
Jan 1, 2013
74.19 %
17.71 %
15.53 %
Jan 1, 2014
65.68 %
12.7 %
0.9 %
Jan 1, 2015
66.08 %
9.35 %
-46.76 %
Jan 1, 2016
62.52 %
8.8 %
-44.74 %
Jan 1, 2017
64.52 %
10.83 %
-18.19 %
Jan 1, 2018
64.68 %
13.72 %
66.43 %
Jan 1, 2019
63.57 %
11.9 %
5.51 %

Cumulus Media Stock Revenue, EBIT, Earnings per Share

The Cumulus Media earnings per share therefore indicates how much revenue Cumulus Media has generated per share in a given period. The earnings before interest and taxes per share shows how much of the operating profit corresponds to each share. The earnings per share indicates how much of the profit belongs to each share.
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Revenue per Share
EBIT per share
Earnings per Share
Details
Date
Revenue per Share
EBIT per share
Earnings per Share
Jan 1, 2005
38.98 USD
6.98 USD
-25.27 USD
Jan 1, 2006
52.23 USD
9.52 USD
-6.91 USD
Jan 1, 2007
60.8 USD
14.11 USD
-41.44 USD
Jan 1, 2008
58.77 USD
14.3 USD
-68.25 USD
Jan 1, 2009
50.2 USD
11.02 USD
-24.84 USD
Jan 1, 2010
46.39 USD
12.59 USD
5.61 USD
Jan 1, 2011
6.57 USD
0.55 USD
0.8 USD
Jan 1, 2012
6.16 USD
1.12 USD
-0.33 USD
Jan 1, 2013
5.49 USD
0.97 USD
0.85 USD
Jan 1, 2014
5.52 USD
0.7 USD
0.05 USD
Jan 1, 2015
5.01 USD
0.47 USD
-2.34 USD
Jan 1, 2016
38.96 USD
3.43 USD
-17.43 USD
Jan 1, 2017
38.76 USD
4.2 USD
-7.05 USD
Jan 1, 2018
56.46 USD
7.75 USD
37.5 USD
Jan 1, 2019
54.85 USD
6.53 USD
3.02 USD

Cumulus Media business model & stock analysis

Cumulus Media Inc is a leading American media company that was founded in 1997. It operates America's largest commercial radio platform and is the second-largest radio operator in the USA. The company, based in Atlanta, Georgia, owns over 400 radio stations in 84 markets across the US. Some of the company's radio stations include KLOS-FM, KABC-AM, and KLOS-FM in Los Angeles, WPLJ-FM, WABC-AM, and WNSH-FM in New York, as well as WLS-AM and WLS-FM in Chicago. Cumulus Media's business model is based on distributing content through its radio stations and other platforms. The company produces and distributes not only radio programs but also podcasts, video content, and live events. Its main source of revenue comes from advertising opportunities and solutions it offers to its clients. The company operates in various sectors, including consumer marketing, advertising distribution, and business operations. In addition to radio stations, the company also provides digital distribution and marketing solutions to help advertisers promote their products through radio advertising. It also offers specialized radio formats for specific target audiences such as hip-hop and classical music lovers. Cumulus Media Inc. has an extensive collection of radio programs and content. These range from music shows, including pop, rock, rap, country, classical, and jazz, to news programs, discussions, and talk shows, among others. The company also collaborates closely with celebrities and produces podcasts like 'The Garten Report', which focuses on the world of baseball and is hosted by former New York Yankee commentators. Overall, the company offers a wide range of products and services to its clients. While it is well-known for its radio stations, it is also recognized for its excellent marketing and advertising solutions. Additionally, Cumulus Media employs around 4,000 employees, making it a significant employer in the industry. Despite the decline in the radio industry in recent years, Cumulus Media has maintained a strong position in the market. By focusing on digital distribution and marketing solutions and investing in new program content, it has evolved and strengthened its position. As part of its growth strategy, the company has also invested in producing and distributing premium content and live events. In summary, Cumulus Media Inc is a leading company in the American radio landscape. The company offers its clients relevant content and high-quality distribution and marketing solutions. With a wide range of radio shows, podcasts, video content, and live events, the company is well-positioned to continue being successful in the future.

Cumulus Media SWOT Analysis

Strengths

  • Cumulus Media Inc is one of the largest radio station operators in the United States, giving them a strong market presence and brand recognition.
  • The company owns and operates a diverse portfolio of radio stations, enabling them to reach a wide audience across different demographics and geographies.
  • Cumulus Media Inc has established relationships with various advertisers and clients, allowing them to generate consistent revenue streams.

Weaknesses

  • The decline in traditional radio listenership and the rise of digital streaming services pose a challenge to Cumulus Media Inc's business model.
  • The company heavily relies on advertising revenues, making them vulnerable to economic downturns and fluctuations in the advertising industry.
  • Cumulus Media Inc has a high debt burden, which can restrict their financial flexibility and limit their ability to invest in new technologies and expansion opportunities.

Opportunities

  • The growing popularity of podcasting and audio streaming platforms presents an opportunity for Cumulus Media Inc to diversify their revenue streams and capture new audiences.
  • The company can explore partnerships or acquisitions in the digital space to expand their presence in the online radio market and tap into the growing digital advertising market.
  • Cumulus Media Inc can leverage their strong market presence and brand recognition to attract new advertisers and clients, especially in emerging markets or industries.

Threats

  • Intense competition from other media companies and digital platforms can affect Cumulus Media Inc's market share and revenues.
  • Regulatory changes and licensing fees imposed by government entities can increase operational costs and restrict the company's ability to operate efficiently.
  • Technological advancements and changing consumer preferences may lead to a further decline in traditional radio listenership, impacting Cumulus Media Inc's revenue generation.

Cumulus Media Segments

Cumulus Media Revenue by Segment (1/3)

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Details
Date
Trade and Barter Transactions
Jan 1, 2016
0 USD
Jan 1, 2017
0 USD

Cumulus Media Revenue by Segment (2/3)

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Details
Date
Advertising Revenues
Total broadcast radio revenue
Digital
Other
Non-Advertising Revenues
Jan 1, 2016
0 USD
0 USD
0 USD
0 USD
0 USD
Jan 1, 2017
0 USD
0 USD
0 USD
0 USD
0 USD

Cumulus Media Revenue by Segment (3/3)

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Radio Station Group
Westwood One
Corporate and Other
Details
Date
Radio Station Group
Westwood One
Corporate and Other
Jan 1, 2016
802.4 M USD
336.61 M USD
2.39 M USD
Jan 1, 2017
786.96 M USD
346.17 M USD
2.53 M USD

Cumulus Media Eulerpool Fair Value

Cumulus Media historical P/E ratio, EBIT multiple, and P/S ratio

Cumulus Media annual returns

Details

Annual Return

What This Chart Shows

This chart breaks down 's total annual return into two components: price return (gains or losses from stock price movement) and dividend return (income received from dividend payments). Together, they represent the total return an investor would have earned in each calendar year.

Price Return

Price return measures the percentage change in 's stock price from January 1st to December 31st of each year. Positive bars indicate the stock appreciated; negative bars show a decline. This is the component most investors focus on, but it tells only part of the story — especially for dividend-paying stocks.

Dividend Return

Dividend return represents the income generated from dividends paid during the year, expressed as a percentage of the starting stock price. While it may seem small in any single year (typically 1–4 % for established companies), dividends compound significantly over decades and have historically contributed roughly 40 % of total stock market returns.

What to Look For

Examine how many years showed positive vs. negative returns to gauge consistency. A stock with mostly positive years and small drawdowns suggests lower risk. Also compare 's annual returns to a benchmark index — consistently outperforming the market is a hallmark of a strong investment. Pay attention to the worst years: understanding downside risk is just as important as chasing upside potential.

Cumulus Media shares outstanding

The number of shares was Cumulus Media in 2025 — This indicates how many shares 16.874 M is divided into. Since shareholders are the owners of a company, each share represents a small portion of the company's ownership.
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Number of stocks
Details
Date
Number of stocks
Jan 1, 2005
8.4 M base_Shares
Jan 1, 2006
6.4 M base_Shares
Jan 1, 2007
5.4 M base_Shares
Jan 1, 2008
5.3 M base_Shares
Jan 1, 2009
5.1 M base_Shares
Jan 1, 2010
5.1 M base_Shares
Jan 1, 2011
70.9 M base_Shares
Jan 1, 2012
162.6 M base_Shares
Jan 1, 2013
186.8 M base_Shares
Jan 1, 2014
229 M base_Shares
Jan 1, 2015
233.4 M base_Shares
Jan 1, 2016
29.3 M base_Shares
Jan 1, 2017
29.3 M base_Shares
Jan 1, 2018
20.2 M base_Shares
Jan 1, 2019
20.3 M base_Shares
Price targets and forecasts for Cumulus Media are not yet available.

Cumulus Media Earnings Estimates

Cumulus Media Earnings Estimates

DateEPS estimateRevenue EstimateQuarterly report
4/29/2026-1.25USD174.83 MUSD2026 Q1
2/25/2026-1.05USD184.11 MUSD2025 Q4
2/19/2026-1.05USD184.11 MUSD2025 Q4
8/7/2025-0.73USD187.83 MUSD2025 Q2
4/25/2024-0.87USD218.84 MUSD2024 Q1
2/21/2024-0.61USD224.47 MUSD2023 Q4
8/1/20230.5USD238.17 MUSD2023 Q2
5/2/2023-0.57USD223 MUSD2023 Q1
2/21/20230.39USD243.87 MUSD2022 Q4
10/28/20220.5USD235.92 MUSD2022 Q3

EESG©

Eulerpool ESG Scorecard© for the Cumulus Media stock

42/100
18
Environment
63
Social
44
Governance
E

Environment

20
Scope 1 - Direct Emissions
Scope 2 - Indirect emissions from purchased energy
Scope 3 - Indirect emissions within the value chain
Total CO₂ emissions
CO₂ reduction strategy
Coal energy
Nuclear power
Animal experiments
Fur & Leather
Pesticides
Palm Oil
Tobacco
Genetically modified organisms
Climate concept
Sustainable forestry
Recycling regulations
Environmentally friendly packaging
Hazardous substances
Fuel consumption and efficiency
Water consumption and efficiency
S

Social

20
Percentage of female employees38
Percentage of women in management
Percentage of Asian employees
Share of Asian management
Percentage of Hispanic/Latino employees
Hispano/Latino Management share
Percentage of Black employees
Black Management Share
Percentage of white employees
White Management Share
Adult content
Alcohol
Weapons
Firearms
Gambling
Military contracts
Human rights concept
Privacy concept
Occupational health and safety
Catholic
G

Governance (Corporate Governance)

4
Environmental reporting
Stakeholder Engagement
Call Back Policies
Antitrust law

The Eulerpool ESG Scorecard© is the strictly copyrighted intellectual property of Eulerpool Research Systems. Any unauthorized use, imitation, or infringement will be actively pursued and may lead to significant legal consequences. For licenses, collaborations, or usage rights, please contact us directly via our contact form. Contact Form to us.

Cumulus Media shareholder structure

% Name
3.40873%
Galbraith (Steven M)
Galbraith (Steven M)
2.51853%
Acadian Asset Management LLC
Acadian Asset Management LLC
2.3127%
Berner (Mary G)
Berner (Mary G)
1.84465%
Seaport Global Asset Management, LLC
Seaport Global Asset Management, LLC
1.11811%
Walker (Robert J.)
Walker (Robert J.)
1.10745%
Lopez-Balboa (Francisco J)
Lopez-Balboa (Francisco J)
1.10671%
Milner (David Edward)
Milner (David Edward)
1.09133%
Hobson (Andrew W)
Hobson (Andrew W)
0.60119%
Kushner (Brian G)
Kushner (Brian G)
0.60119%
Blank (Matthew C)
Blank (Matthew C)
...

Cumulus Media Executives and Management Board

MB

Ms. Mary Berner

(65)

President, Chief Executive Officer, Director · since 2015

Compensation4.66 M USD
FL

Mr. Francisco Lopez-Balboa

(64)

Chief Financial Officer, Executive Vice President

Compensation2.49 M USD
CJ

Mr. Collin Jones

(38)

Executive Vice President, Corporate Strategy and Development and President of Westwood One

Compensation1.41 M USD
RD

Mr. Richard Denning

(58)

Executive Vice President, General Counsel, Company Secretary · since 2019

Compensation1.12 M USD
AH

Mr. Andrew Hobson

(63)

Independent Chairman of the Board

Compensation345,491 USD

Cumulus Media Supply Chain

Frequently asked questions about Cumulus Media

The business model of Cumulus Media Inc. revolves around operating radio stations across the United States. As one of the largest audio content providers, Cumulus owns and operates over 400 radio stations in 87 different media markets. The company generates revenue through advertising sales, sponsorships, and broadcasting rights. By producing and distributing a wide range of programming, including music, sports, news, and talk shows, Cumulus aims to engage and entertain listeners while simultaneously offering a platform for advertisers to reach their target audience effectively. With its extensive radio network, Cumulus Media Inc. plays a vital role in the broadcasting industry.

All fundamentals and in-depth analysis of Cumulus Media

Our stock analysis for Cumulus Media Revenue stock includes important financial indicators such as revenue, profit, P/E ratio, P/S ratio, EBIT, as well as information on dividends. We also assess aspects such as stocks, market capitalization, debt, equity, and liabilities of Cumulus Media Revenue. If you are looking for more detailed information on these topics, we offer comprehensive analyses on our subpages.