Boston Omaha (BOC) Stock Fundamentals, Analysis & Risk Signals

Health score, price, valuation, risk signals, and key metrics at a glance.

Boston Omaha

NYSE•Industrials•Conglomerates

$13.76-0.04(<0.01%)Market closed

Market Cap

$411.32M

P/S

3.8x

P/B

0.8x

Boston Omaha Corporation, together with its subsidiaries, engages in the outdoor billboard advertising business in the southeast United States. The company operates through General Indemnity Group, LLC (GIG); Link Media Holdings, LLC (LMH); Boston Omaha Broadband, LLC (BOB); and Boston Omaha Asset Management, LLC (BOAM) segments. It is also involved in the surety insurance and related brokerage, broadband, and asset management businesses. Boston Omaha Corporation was founded in 2017 and is headquartered in Omaha, Nebraska.

How this company scores

WeakMetricSide Score: 34/100

Grade capped at D — Interest coverage below 1× (-2.1x) — earnings cannot cover interest. Strongest: Balance Sheet & Red Flags (10/25); weakest: Cash & Earnings Quality (7/25).

Profitability9/25

Growth8/25

Balance Sheet & Red Flags10/25

Cash & Earnings Quality7/25

Strengths

Low leverageImproving marginsNo share dilution

Grade capped at D

Interest coverage below 1× (-2.1x) — earnings cannot cover interest.

Valuation vs. 5-year range

Today's multiple positioned against its own trailing range — a visual premium/discount check.

P/E · 579.9x5y range 13.5x – 1607.9x

Currently near its 7-quarter median.

P/S · 3.8x5y range 3.2x – 21.7x

Currently near its 20-quarter median.

P/B · 0.8x5y range 0.7x – 2.3x

Watch items

Data-driven signals worth keeping an eye on across the last 8 quarters

High Risk

Margin Pressure

Red Flag

The company posted negative operating margins in recent quarters — core operations are unprofitable.

Earnings Quality

Red Flag

Free cash flow has been negative in 7 of the last 8 quarters — earnings are not translating to cash.

Price & Volume

Market Cap $411.32M

Metrics at a Glance

as of June 2026

Revenue & Profit

Revenue, EBITDA, operating income, net income, EPS, and shares

TTM Revenue: $108.89M
Q. Revenue: $22.20M
TTM EBITDA: $20.55M
TTM Op. Income: $-5.10M
Q. Op. Income: $-603,000
TTM Net Income: $-13.20M
Q. Net Income: $-1.61M
EPS: $-0.05
Shares Out.: $30.42M

$108.89M in TTM revenue declined 2.4% YoY, reaching $22.20M last quarter. TTM EBITDA of $20.55M and TTM operating income of $-5.10M show growth is flowing through to the bottom line. However, net income is negative at $13.20M — growth is not yet reaching the bottom line. Over the past year, TTM revenue is down 2% — a weakening trend.

Margins

Gross, EBITDA, operating, and net margin trends

Gross Margin: 72.1%
EBITDA Margin: 26.0%
Op. Margin: -2.7%
Net Margin: -7.3%

Op. margin of -2.7% is up 0.2% YoY — cost efficiency is improving. Net margin at -7.3% and gross margin of 72.1% show how much of each revenue dollar survives to profit. Over the past year, operating margin is up 7% — an improving trend.

Price Ratios

P/E, P/S, P/B, EV/EBITDA, FCF yield, and earnings yield

P/E Ratio: N/A
P/S Ratio: 3.8x
P/B Ratio: 0.8x

P/S of 3.8x and P/B of 0.8x. Over the past year, P/E is up 0% — a weakening trend.

Assets & Liabilities

Total assets, cash, debt, book value, and leverage

Total Assets: $683.05M
Cash: $15.10M
Long-Term Debt: $45.18M
Book Value: $515.28M
D/E Ratio: 0.1
Debt/EBITDA: 7.8

With $683.05M in assets and $45.18M in long-term debt, D/E is 0.1and book value is $515.28M — a conservative capital structure with a cushion to weather downturns. Across the last 8 quarters, debt/equity has risen for 7 consecutive quarters — a weakening trend.

Cash Flow

Operating cash flow, free cash flow, FCF margin, and earnings quality

TTM Free Cash Flow: $-10.91M
FCF Margin: -10.0%
FCF / Net Income: 0.8

TTM FCF of $-10.91M. The FCF / Net Income ratio of 0.8x means free cash flow covers net income — earnings are backed by cash. Over the past year, free cash flow is down 43% — a weakening trend.