LAMR
Lamar Advertising Company
NASDAQ: LAMR · REAL ESTATE · REIT - SPECIALTY
$135.98
+0.82% today
Updated 2026-04-29
Market cap
$13.79B
P/E ratio
23.57
P/S ratio
6.09x
EPS (TTM)
$5.77
Dividend yield
4.60%
52W range
$106 – $139
Volume
0.6M
Lamar Advertising Company (LAMR) Financial statements
SEC filings — annual and quarterly data.
Income statement — annual
| Item | 2006 | 2007 | 2008 | 2009 | 2010 | 2011 | 2012 | 2013 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $1.12B | $1.21B | $1.20B | $1.06B | $1.09B | $1.13B | $1.18B | $1.25B | $1.29B | $1.35B | $1.50B | $1.54B | $1.63B | $1.75B | $1.57B | $1.79B | $2.03B | $2.11B | $2.21B | $2.27B |
| Revenue growth (YoY) | — | +8.0% | -0.9% | -11.9% | +3.4% | +3.8% | +4.4% | +5.3% | +3.3% | +5.2% | +10.9% | +2.7% | +5.6% | +7.8% | -10.5% | +13.9% | +13.7% | +3.9% | +4.6% | +2.7% |
| Cost of revenue | $390.56M | $408.40M | $437.66M | $397.73M | $398.47M | $409.05M | $418.54M | $436.84M | $453.27M | $473.76M | $525.60M | $540.88M | $561.85M | $590.08M | $557.66M | $576.51M | $667.29M | $696.80M | $727.88M | $1.40B |
| Gross profit | $729.53M | $801.16M | $760.76M | $658.34M | $693.82M | $721.66M | $761.20M | $809.00M | $833.79M | $879.64M | $974.70M | $1.00B | $1.07B | $1.16B | $1.01B | $1.21B | $1.36B | $1.41B | $1.48B | $866.53M |
| Gross margin | 65.1% | 66.2% | 63.5% | 62.3% | 63.5% | 63.7% | 64.4% | 64.9% | 64.8% | 65.0% | 65.0% | 64.9% | 65.5% | 66.4% | 64.5% | 67.7% | 67.2% | 67.0% | 67.0% | 38.2% |
| R&D | — | — | — | — | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | — | — |
| SG&A | $248.94M | $270.39M | $257.62M | $229.42M | $246.51M | $248.97M | $264.41M | $288.79M | $299.88M | $313.94M | $345.79M | $338.57M | $372.32M | $403.04M | $358.82M | $326.95M | $350.62M | $344.78M | $361.13M | $354.02M |
| Operating income | $189.77M | $227.80M | $179.95M | $97.62M | $139.51M | $186.37M | $217.69M | $223.44M | $278.67M | $383.03M | $439.05M | $455.37M | $460.56M | $517.74M | $410.11M | $521.19M | $578.00M | $675.43M | $532.04M | $698.12M |
| Operating margin | 16.9% | 18.8% | 15.0% | 9.2% | 12.8% | 16.4% | 18.4% | 17.9% | 21.7% | 28.3% | 29.3% | 29.5% | 28.3% | 29.5% | 26.1% | 29.2% | 28.4% | 32.0% | 24.1% | 30.8% |
| EBITDA | $496.25M | $552.73M | $513.52M | $439.63M | $435.18M | $483.13M | $469.31M | $509.84M | $507.12M | $574.49M | $640.81M | $666.41M | $670.92M | $768.53M | $636.97M | $775.02M | $933.06M | $974.55M | $1.00B | $1.10B |
| EBITDA margin | 44.3% | 45.7% | 42.8% | 41.6% | 39.8% | 42.6% | 39.7% | 40.9% | 39.4% | 42.4% | 42.7% | 43.2% | 41.2% | 43.8% | 40.6% | 43.4% | 45.9% | 46.2% | 45.4% | 48.6% |
| EBIT | $189.77M | $241.26M | $181.86M | $102.91M | $122.48M | $183.49M | $173.22M | $209.26M | $248.68M | $383.06M | $-442.40M | $-332.65M | $-496.98M | $518.50M | $385.67M | $503.73M | $583.61M | $681.13M | $539.18M | $774.84M |
| Interest expense | $100.78M | $125.04M | $159.16M | $197.05M | $186.05M | $171.09M | $157.09M | $146.28M | $105.25M | $98.43M | $123.69M | $128.40M | $129.73M | $150.62M | $137.62M | $106.38M | $127.51M | $174.51M | $171.71M | $160.44M |
| Income tax | $34.23M | $37.19M | $14.09M | $-36.10M | $-23.47M | $6.62M | $9.48M | $22.84M | $-110.09M | $22.06M | $13.36M | $9.23M | $10.70M | $-4.22M | $4.66M | $9.26M | $17.45M | $9.78M | $4.53M | — |
| Effective tax rate | 43.8% | 44.6% | 59.2% | 38.3% | 36.9% | 43.6% | 49.1% | 36.3% | -76.8% | 7.7% | 4.3% | 2.8% | 3.4% | -1.1% | 1.9% | 2.3% | 3.8% | 1.9% | 1.2% | 0.0% |
| Net income | $43.90M | $46.22M | $9.72M | $-58.04M | $-40.10M | $8.55M | $9.82M | $40.14M | $253.52M | $262.57M | $298.81M | $317.68M | $305.23M | $372.11M | $243.39M | $388.09M | $438.65M | $495.76M | $361.87M | $587.15M |
| Net income growth (YoY) | — | +5.3% | -79.0% | -696.9% | +30.9% | +121.3% | +14.9% | +308.7% | +531.6% | +3.6% | +13.8% | +6.3% | -3.9% | +21.9% | -34.6% | +59.5% | +13.0% | +13.0% | -27.0% | +62.3% |
| Profit margin | 3.9% | 3.8% | 0.8% | -5.5% | -3.7% | 0.8% | 0.8% | 3.2% | 19.7% | 19.4% | 19.9% | 20.6% | 18.8% | 21.2% | 15.5% | 21.7% | 21.6% | 23.5% | 16.4% | 25.9% |