iHeartMedia, Inc.
iHeartMedia, Inc. (NASDAQ: IHRT) is trading at $2.29, about ₹220 at today's USD/INR rate, as of 25 Sep 2026, 4:00 PM ET, up 1.33% today. Indian residents can buy iHeartMedia from India on Paasa under the RBI's Liberalised Remittance Scheme.
Quote
Today's low
$2.23
Today's high
$2.32
52 week low
$2.22
52 week high
$6.56
IHRT opened at $2.25, closed previously at $2.26, and has traded between $2.22 and $6.56 over the past 52 weeks.
About
iHeartMedia, Inc. operates as an audio media company in the United States. It operates in three segments: Multiplatform Group, Digital Audio Group, and Audio & Media Services Group. The Multiplatform Group segment offers broadcast radio stations; sponsorships and endorsements; live, in-person, and virtual events; and the SmartAudio platform, a comprehensive suite of tech-enabled advertising solutions. This segment also operates Premiere Networks, a national radio network that produces, distributes, or represents syndicated radio programs and services to radio station affiliates; and Total Traffic & Weather Network, which delivers real-time traffic flow and incident information along with weather updates, sports, and news. Its Digital Audio Group segment provides podcasting, digital sites, newsletters, digital services and programs, and ad tech platforms; free ad-supported streaming offerings, subscription streaming, display advertisements, and other content disseminated over digital platforms and social media; and iHeartRadio, a mobile app and web-based service that allows users to listen to radio stations, digital-only stations, custom artist stations, and podcasts. This segment also engages in the digital advertising technology business. The Audio & Media Services Group segment is involved in the media representation business. This segment also provides RCS, a cloud and on-premises broadcast software, which offers radio and television automation, music scheduling, newsroom automation, advertising sales management, and disaster recovery solutions; real-time audio recognition technology; and media streaming and research services to radio and television stations, cable channels, record labels, advertisers, and agencies worldwide. The company was formerly known as CC Media Holdings, Inc. and changed its name to iHeartMedia, Inc. in September 2014. iHeartMedia, Inc. was incorporated in 1974 and is headquartered in San Antonio, Texas.
Key statistics
Avg. volume
867.26K
Market cap
$297.84M
P/E Ratio
-1.25
Price-to-sales ratio
0.07
Enterprise value
$5.89B
Free cash flow yield
12.17%
Debt-to-equity ratio
-2.87
Return on equity
15.12%
ROIC
0.39%
Beta
2.20
Dividend yield
0.00%
Last dividend
$0.00
Financial overview
Revenue
$3.86B
Earnings per share
-$3.05
Free cash flow
$10.91M
Net profit margin
-7.17%
Gross margin
56.77%
EBITDA
$288.90M
Revenue growth
0.27%
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This is not an investment recommendation
How to buy iHeartMedia from India
Indian residents can buy iHeartMedia shares through Paasa in four steps. Funds leave India under the RBI's Liberalised Remittance Scheme and the shares are held in your own name with Interactive Brokers.
Open a Paasa account
Complete digital KYC with your PAN, Aadhaar and address proof. Your brokerage account is opened in your own name with Interactive Brokers.
Add funds under LRS
Transfer INR from your Indian bank account. Your bank reports the remittance under the RBI's Liberalised Remittance Scheme and converts it to US dollars.
Search for iHeartMedia and place an order
Find iHeartMedia by name or by its ticker, IHRT, and choose an order type. You can buy by amount or by quantity — fractional shares mean there is no minimum trade size. iHeartMedia trades 7:00 pm – 1:30 am IST; orders can only execute during that window.
Track holdings and download tax reports
Follow your iHeartMedia position in USD and INR. iHeartMedia pays no dividend today, so your filing is the capital-gains statement plus the Schedule FA holding line.
Read the full guide: how to invest in iHeartMedia from India
Trading and taxes when buying iHeartMedia from India
Trading and limits
- Trading hours
- 9:30 am – 4:00 pm ET
- LRS limit
- $250,000Per financial year, under the RBI's Liberalised Remittance Scheme.
Tax for Indian residents
- TCS on remittance
- 20%Collected by your bank on LRS remittances above ₹10 lakh in a financial year. The TCS is adjustable against your income-tax liability.Adjusting TCS against your tax
- Capital gains in India
- 12.5% or slab rateGains on shares held for more than 24 months are long-term and taxed at 12.5%. Gains on shares held for 24 months or less are short-term and taxed at your income-tax slab rate.Capital gains explained
- Dividends
- NoneiHeartMedia does not currently pay a dividend. If it starts, dividends are taxed at your slab rate in India.Dividend tax explained
- US estate tax
- May applyUS-situs assets such as US-listed shares can be exposed to US estate tax for non-US persons.US estate tax calculator
Custody. Shares are held in your own name at Interactive Brokers LLC and are SIPC-insured up to $500,000 in total, including $250,000 for cash.
FAQs
Can Indian residents buy iHeartMedia stock?
Yes. iHeartMedia (IHRT) has been listed on NASDAQ since 2019, in the Broadcasting industry, and Indian residents can buy it through Paasa. You fund the account from your Indian bank under the RBI's Liberalised Remittance Scheme and the money is converted to US dollars. Shares are held in your own name at Interactive Brokers LLC and are SIPC-insured up to $500,000 in total, including $250,000 for cash.
How much does one iHeartMedia share cost in rupees?
One iHeartMedia share is $2.29 — about ₹220 at a USD/INR rate of 96.02 on 24 Sep 2026. Both the iHeartMedia price and the rupee rate move during the day, so the rupee cost changes with them.
What are the LRS and TCS rules for buying iHeartMedia from India?
Remit up to $250,000 per financial year under the RBI's Liberalised Remittance Scheme (LRS). Banks collect 20% tax at source on LRS remittances above ₹10 lakh in a financial year; the TCS is adjustable against your income-tax liability. FX and the LRS declaration are handled by your bank when you fund your account.
Can I buy whole shares of iHeartMedia?
Yes. One iHeartMedia share is $2.29, and you can buy as many whole shares as you like. You can also buy by amount rather than by quantity: there is no minimum trade size, and Paasa supports fractional investing in iHeartMedia.
How are gains on iHeartMedia shares taxed in India?
The US does not levy capital gains tax on shares for Indian residents, so the tax is an India-side one. Gains on shares held for more than 24 months are long-term and taxed at 12.5%. Gains on shares held for 24 months or less are short-term and taxed at your income-tax slab rate. The gain is computed in rupees using the USD/INR rate on the purchase and the sale date, so the rupee move counts alongside the iHeartMedia price. Paasa issues a capital-gains statement for your return.
Does iHeartMedia pay a dividend?
No. iHeartMedia does not currently pay a dividend, so holding it produces no dividend income to declare in India. If it starts paying one, the Indian treatment is the usual one — dividends are taxed at your slab rate in India — and Paasa's dividend report would show the gross amount and any tax withheld.
When can I trade iHeartMedia from India?
NASDAQ trades 7:00 pm – 1:30 am IST in Indian time, so the close lands after midnight. The window shifts to 8:00 pm – 2:30 am IST when the US is on standard time. Orders can only execute during that window.
Is there estate or inheritance tax on iHeartMedia shares held from India?
US-situs assets such as US-listed shares can be exposed to US estate tax for non-US persons. It applies to your overall holdings in that jurisdiction rather than to any one position. Paasa's US estate tax calculator shows the exposure for a given portfolio value.
Do I have to declare iHeartMedia shares in my Indian tax return?
Yes. Foreign shares held on 31 March must be reported in Schedule FA of your Indian income-tax return. Paasa gives you a Schedule FA-ready statement listing your iHeartMedia holding, its cost and its closing value.
How do I sell iHeartMedia and bring the money back to India?
You sell during market hours (7:00 pm – 1:30 am IST) and the proceeds settle in USD in your Paasa account. From there you can hold the balance, reinvest, or repatriate. Funds can be withdrawn in any currency to any bank account in your own name. Whether the sale is short- or long-term is decided by the 24-month holding period.