CMLSQ vs SALM
Cumulus Media Inc. and Salem Media Group, Inc., side by side — 10 fiscal years reported in USD, drawn from SEC filings.
Most recent reported year
| Metric | CMLSQ | SALM |
|---|---|---|
| Revenue | $741.7M | $267.0M |
| Net income | $-200.7M | $-3.2M |
| Gross margin | · | · |
| Net margin | −27.1% | −1.2% |
| Return on equity | · | −1.8% |
| Diluted EPS | −$11.55 | −$0.12 |
| Dividend / share | · | · |
| Payout ratio | · | · |
| Free cash flow | $-41.6M | · |
| Equity | $-191.5M | $175.4M |
| Net debt / equity | · | 0.91× |
| Current ratio | 1.54× | 0.70× |
| Revenue CAGR 5y | −1.9% | 0.2% |
| Profit CAGR 5y | · | · |
CMLSQ bills 2.8× the revenue of SALM, and both closed the last reported year at a loss.
The stronger figure of the pair is set in bold. That is arithmetic, not a recommendation — this page does not pick a winner. "·" marks a figure not available in our data.
10 years side by side
| Fiscal year | CMLSQ | SALM |
|---|---|---|
| FY2022 | $953.5M | $267.0M |
| FY2021 | $916.5M | $258.2M |
| FY2020 | $816.2M | $236.2M |
| FY2019 | $1.1B | $253.9M |
| FY2017 | $1.1B | $263.7M |
| FY2016 | $1.1B | $274.3M |
| FY2015 | $1.2B | $265.8M |
| FY2014 | $1.3B | $266.5M |
| FY2013 | $1.0B | $236.9M |
| FY2012 | $1.0B | $229.2M |
Bottom line
| Fiscal year | CMLSQ | SALM |
|---|---|---|
| FY2022 | $16.2M | $-3.2M |
| FY2021 | $17.3M | $41.5M |
| FY2020 | $-59.7M | $-54.1M |
| FY2019 | $61.3M | $-27.8M |
| FY2017 | $-206.6M | $24.6M |
| FY2016 | $-510.7M | $8.9M |
| FY2015 | $-546.5M | $11.2M |
| FY2014 | $11.8M | $5.5M |
| FY2013 | $176.1M | $-2.7M |
| FY2012 | $-32.7M | $4.4M |
13 fiscal years
| Fiscal year | Difference | Ahead |
|---|---|---|
| FY2022 | +$686,540,000 | CMLSQ |
| FY2021 | +$658,220,000 | CMLSQ |
| FY2020 | +$579,979,000 | CMLSQ |
| FY2019 | +$859,547,000 | CMLSQ |
| FY2017 | +$871,926,000 | CMLSQ |
| FY2016 | +$867,079,000 | CMLSQ |
| FY2015 | +$902,892,000 | CMLSQ |
| FY2014 | +$996,887,000 | CMLSQ |
| FY2013 | +$789,204,000 | CMLSQ |
| FY2012 | +$773,093,000 | CMLSQ |
| FY2011 | +$247,878,000 | CMLSQ |
| FY2010 | +$30,182,000 | CMLSQ |
| FY2009 | +$56,835,000 | CMLSQ |
CMLSQ has reported the higher revenue in every one of these 13 fiscal years. The gap has widened since the earliest year compared.
13 of 17 comparable fiscal years — a year missing data on either side is not counted.
13 fiscal years
| Fiscal year | Difference | Ahead |
|---|---|---|
| FY2022 | +2.9 pp | CMLSQ |
| FY2021 | −14.2 pp | SALM |
| FY2020 | +15.6 pp | CMLSQ |
| FY2019 | +16.5 pp | CMLSQ |
| FY2017 | −27.5 pp | SALM |
| FY2016 | −48.0 pp | SALM |
| FY2015 | −51.0 pp | SALM |
| FY2014 | −1.1 pp | SALM |
| FY2013 | +18.3 pp | CMLSQ |
| FY2012 | −5.2 pp | SALM |
| FY2011 | +11.1 pp | CMLSQ |
| FY2010 | +11.5 pp | CMLSQ |
| FY2009 | −45.3 pp | SALM |
The higher net margin has changed hands between CMLSQ and SALM over this period.
13 of 17 comparable fiscal years — a year missing data on either side is not counted.
Standard deviation, each side
CMLSQ's net margin has been more volatile than SALM's over the 13 comparable fiscal years — 22.6 percentage points of standard deviation against 9.0.
13 of 17 comparable fiscal years — a year missing data on either side is not counted.
Year by year
The lead in net margin changed hands between CMLSQ and SALM over these 13 fiscal years — CMLSQ led in 6 and SALM in 7.
13 of 17 comparable fiscal years — a year missing data on either side is not counted.
Standard deviation, each side
CMLSQ's return on equity has been more volatile than SALM's over the 8 comparable fiscal years — 69.2 percentage points of standard deviation against 15.9.
8 of 16 comparable fiscal years — a year missing data on either side is not counted.
Year by year
The lead in return on equity changed hands between CMLSQ and SALM over these 8 fiscal years — CMLSQ led in 4 and SALM in 4.
8 of 16 comparable fiscal years — a year missing data on either side is not counted.