Outfront Media Historical PE Ratio
This OUT historical PE ratio page, which was last updated 9/1/2026, presents historical price to earnings information for Outfront Media under both the TTM method and
the annualized method, and presented in both tabular and graphical format for ease of study.
OUT Historical PE Ratio Notes
— Outfront Media Inc. (NYSE: OUT) is one of the largest outdoor advertising companies in the U.S. and Canada, specializing in billboard, transit, and digital out-of-home media. The company leases and manages thousands of advertising displays in high-visibility locations, partnering with advertisers who want to reach consumers on the move. Because Outfront is structured as a Real Estate Investment Trust (REIT), its earnings profile differs from traditional corporations; REITs often have sizable depreciation expenses and are legally required to pay out most taxable income as dividends. This structure, along with the capital-intensive nature of owning & upgrading physical assets, has historically created volatile and sometimes elevated price-to-earnings (P/E) ratios compared to non-REIT companies. When you review OUT’s historical P/E ratio data, keep in mind that earnings can be significantly affected by one-time items, changes in property values, and non-cash charges, all of which can distort the ratio. Fluctuations in advertising demand with economic cycles can also impact earnings, so it’s important to consider how macroeconomic shifts and Outfront’s unique REIT accounting influence historical P/E metrics over time.
How should the OUT historical PE ratio be determined?
Realizing that PE stands for Price to Earnings ratio, we need two values to compute it: stock price and earnings per share. The stock price at any given date is a known historical value, but what about the earnings number to use?
✔️Accepted answer:
There are a number of different approaches when it comes to calculating a historical PE ratio for a company like Outfront Media. We like to take our measurements on each of the past quarterly earnings reports. That only leaves the question of whether the earnings number at that quarterly report should be used on an annualized basis, or some other method. We approach this question using three different methods, on this OUT Historical PE Ratio page.
What is the average historical PE for OUT based on annualized quarterly earnings?
As we look back through earnings history, what is the resulting PE calculation if at each measurement period we use that quarter's earnings result annualized?
✔️Accepted answer:
The OUT historical PE ratio using the annualized quarterly earnings method works out to 17.5.
What is the average historical PE for OUT based on trailing twelve month earnings?
As we look back through earnings history, what is the resulting PE calculation if at each measurement period we use the trailing twelve months combined earnings result in the calculation?
✔️Accepted answer:
The OUT historical PE ratio using the TTM earnings method works out to 19.7.
What is the average historical PE for OUT based on median TTM earnings?
As we look back through earnings history, what is the resulting PE calculation if at each measurement period we use the median earnings over the trailing twelve months and annualize that median result in the calculation?
✔️Accepted answer:
The OUT historical PE ratio using the annualized median TTM earnings method works out to 1.44.
On this page we presented the
Outfront Media Historical PE Ratio information for Outfront Media' stock.
The average OUT historical PE based on using the annualized quarterly earnings result at each measurement period (for the "E" in the PE calculation; and the closing price on earnings date as the "P") is 17.5. Meanwhile, using the trailing twelve month (TTM) quarterly earnings result as our method of calculation the "E" value at each measurement period, the average OUT historical PE based on this TTM earnings result method is 19.7. Note: any PE calculations resulting in a value exceeding 500 were discarded as not meaningful. Note: any PE calculations involving negative earnings were discarded as not meaningful.
Let's now compare this OUT historical PE result, against the recent PE: when this page was posted on 8/31/2026, the most recent closing price for OUT had been 29.38, and the most recent quarterly earnings result, annualized, was 1.76. Meanwhile, the most recent TTM earnings summed to 1.39. From these numbers, we calculate the recent OUT PE on 8/31/2026 based on annualized quarterly EPS was 16.7. Based on OUT's history, that recent PE is low relative to the historical average, with the recent PE 4.6% lower than the historical average PE across our data set for Outfront Media. Looking at the recent OUT PE on 8/31/2026 based on TTM EPS, we calculate the ratio at 21.1. Based on OUT's history, that recent PE is elevated relative to the historical average, with the recent PE 7.1% higher than the historical average PE across our Outfront Media data set with TTM EPS used in the calculation at each period.
Another interesting OUT historical PE Ratio calculation we look at is to take the
median earnings per share of the last four quarters for OUT, and then annualize the resulting value... with that annualized number then being used in the PE calculation. To walk through this math for OUT, we start with the past four EPS numbers and we first sort them from lowest to highest: 0.11, 0.29, 0.44, and 0.55. We then toss out the highest and lowest result, and then take the average of those two middle numbers — 0.29 and 0.44 — which gives us the median of 0.36. Basically the way to think about this 0.36 number is this: for the trailing four earnings reports, 0.36 marks the "middle ground" number where OUT has reported a value
higher than 0.36 half the time, and has reported a value
lower than 0.36 half the time. Annualizing that median value then gets us to 1.44/share, which we use as the denominator in our next PE calculation. With 29.38 as the numerator (as of 8/31/2026), the calculation is then 29.38 / 1.44 =
20.4 as the OUT PE ratio as of 8/31/2026, based on that annualized median value we calculated.
For self directed investors doing their due diligence on OUT or any other given stock, valuation analysis for OUT
can greatly benefit from studying the past earnings and resulting PE calculations. This exercise can help inform an analysis
as to whether the past earnings trajectory and current versus historical PE ratios justify the current stock value.
That's why we bring you
HistoricalPERatio.com to make it easy for investors to investigate
Outfront Media PE history or the past PE information for any stock in our coverage universe.
And in your continued research we hope you will be sure to check out the further links included for earnings
surprises history (beat/miss data) as well as next earnings dates for OUT. Thanks for visiting, and the next
time you need to research
OUT Historical PE Ratio or the ratio for another stock, we hope you'll think of our site, as your
go-to historical PE ratio research resource of choice.