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Lamar Advertising (LAMR) | Financial Analysis & Statements

Lamar Advertising Company | Large-cap | Real Estate

$126.78

3.56%

Lamar Advertising vs American Tower Lamar Advertising vs Equinix Lamar Advertising vs Digital Realty Lamar Advertising vs Crown Castle Lamar Advertising vs Iron Mountain Lamar Advertising vs S&P 500 | Market

TL;DR Income Statement Balance Sheet Cash Flow Key Ratios Peer Comparison

TL;DR: Financial Overview - Revenue, Profits & Key Metrics

Latest Quarterly: Mar 2025

Income Metrics

Revenue 505.4M

Gross Profit 325.4M 64.39%

Operating Income 121.4M 24.03%

Net Income 139.2M 27.55%

EPS (Diluted) $1.35

Balance Sheet Metrics

Total Assets 6.5B

Total Liabilities 5.5B

Shareholders Equity 1.0B

Debt to Equity 5.35

Cash Flow Metrics

Operating Cash Flow 210.0M

Free Cash Flow 97.9M

Revenue & Profitability Trend

Interactive Financial Charts Not Available

This page uses interactive financial charts and dynamic data visualization tools that require JavaScript. For detailed financial analysis:

Available Financial Data:

Income statements (annual and quarterly)
Balance sheets with asset and liability details
Cash flow statements and free cash flow analysis
Key financial ratios and performance metrics
Peer comparison and industry benchmarking

All financial data is displayed in accessible table format below. Use the table headers and structure to analyze trends and compare metrics across different periods.

Lamar Advertising Income Statement From 2020 to 2024

Metric	2024	2023	2022	2021	2020
Revenue i	2.2B	2.1B	2.0B	1.8B	1.6B
Cost of Goods Sold i	727.9M	696.8M	667.3M	576.5M	557.7M
Gross Profit i	1.5B	1.4B	1.4B	1.2B	1.0B
Gross Margin % i	67.0%	67.0%	67.2%	67.7%	64.5%
Operating Expenses
Research & Development i	-	-	-	-	-
Selling, General & Administrative i	361.1M	344.8M	350.6M	327.0M	358.8M
Other Operating Expenses i	129.1M	106.0M	102.5M	93.6M	-
Total Operating Expenses i	490.3M	450.8M	453.1M	420.5M	358.8M
Operating Income i	526.0M	670.0M	562.3M	519.1M	401.1M
Operating Margin % i	23.8%	31.7%	27.7%	29.0%	25.6%
Non-Operating Items
Interest Income i	2.3M	2.1M	1.3M	763.0K	797.0K
Interest Expense i	171.7M	174.5M	127.5M	106.4M	137.6M
Other Non-Operating Income	10.9M	9.1M	20.0M	-16.1M	-16.2M
Pre-tax Income i	367.5M	506.6M	456.1M	397.3M	248.0M
Income Tax i	4.5M	9.8M	17.5M	9.3M	4.7M
Effective Tax Rate % i	1.2%	1.9%	3.8%	2.3%	1.9%
Net Income i	362.9M	496.8M	438.6M	388.1M	243.4M
Net Margin % i	16.4%	23.5%	21.6%	21.7%	15.5%
Key Metrics
EBITDA i	996.4M	969.2M	917.3M	794.5M	653.2M
EPS (Basic) i	$3.54	$4.86	$4.32	$3.83	$2.41
EPS (Diluted) i	$3.52	$4.85	$4.31	$3.83	$2.41
Basic Shares Outstanding i	102258760	101920268	101527778	101133269	100756361
Diluted Shares Outstanding i	102258760	101920268	101527778	101133269	100756361

Income Statement Trend

Lamar Advertising Balance Sheet From 2020 to 2024

Metric	2024	2023	2022	2021	2020
Assets
Current Assets
Cash & Equivalents i	49.5M	44.6M	52.6M	99.8M	121.6M
Short-term Investments i	-	-	-	-	-
Accounts Receivable i	334.8M	301.2M	285.0M	269.9M	240.9M
Inventory i	-	-	-	-	-
Other Current Assets	41.0M	27.4M	26.9M	18.9M	18.1M
Total Current Assets i	425.3M	373.2M	364.6M	388.6M	380.6M
Non-Current Assets
Property, Plant & Equipment i	5.0B	4.7B	4.6B	4.3B	4.1B
Goodwill i	5.1B	5.2B	5.3B	4.9B	4.7B
Intangible Assets i	1.1B	1.2B	1.2B	1.0B	914.4M
Long-term Investments	-	-	-	-	-
Other Non-Current Assets	99.2M	90.6M	83.4M	98.4M	60.6M
Total Non-Current Assets i	6.2B	6.2B	6.1B	5.7B	5.4B
Total Assets i	6.6B	6.6B	6.5B	6.0B	5.8B
Liabilities
Current Liabilities
Accounts Payable i	21.6M	18.2M	19.6M	16.4M	12.0M
Short-term Debt i	469.2M	461.9M	457.0M	374.4M	319.2M
Current Portion of Long-term Debt	-	-	-	-	-
Other Current Liabilities	-	-	-1.1M	-3.5M	-
Total Current Liabilities i	778.5M	713.9M	726.0M	663.0M	547.9M
Non-Current Liabilities
Long-term Debt i	4.1B	4.2B	4.1B	3.9B	3.8B
Deferred Tax Liabilities i	8.0M	12.0M	9.7M	6.4M	4.9M
Other Non-Current Liabilities	48.6M	41.9M	39.1M	40.2M	36.6M
Total Non-Current Liabilities i	4.8B	4.6B	4.6B	4.2B	4.0B
Total Liabilities i	5.5B	5.3B	5.3B	4.8B	4.6B
Equity
Common Stock i	103.0K	102.0K	102.0K	102.0K	101.0K
Retained Earnings i	-1.0B	-819.2M	-804.4M	-734.4M	-717.3M
Treasury Stock i	72.7M	67.3M	61.4M	50.9M	44.8M
Other Equity	-	-	-	-	-
Total Shareholders Equity i	1.0B	1.2B	1.2B	1.2B	1.2B
Key Metrics
Total Debt i	4.6B	4.6B	4.6B	4.2B	4.1B
Working Capital i	-353.2M	-340.7M	-361.5M	-274.4M	-167.3M

Balance Sheet Composition

Lamar Advertising Cash Flow Statement From 2020 to 2024

Metric	2024	2023	2022	2021	2020
Operating Activities
Net Income i	362.9M	496.8M	438.6M	388.1M	243.4M
Depreciation & Amortization i	463.0M	-	-	271.3M	251.3M
Stock-Based Compensation i	44.5M	22.6M	23.1M	37.4M	18.8M
Working Capital Changes i	-13.3M	-41.3M	-16.3M	5.5M	-10.9M
Operating Cash Flow i	859.5M	729.5M	756.3M	985.1M	772.4M
Investing Activities
Capital Expenditures i	-	-	-	-	-
Acquisitions i	-45.4M	-	-	-312.3M	-45.6M
Investment Purchases i	-	0	0	-30.0M	0
Investment Sales i	-	-	-	-	-
Investing Cash Flow i	-39.6M	-131.8M	-452.0M	-677.9M	-80.2M
Financing Activities
Share Repurchases i	-5.3M	-6.0M	-10.5M	-6.1M	-10.5M
Dividends Paid i	-579.2M	-	-	-405.2M	-252.3M
Debt Issuance i	783.0M	0	350.0M	550.0M	1.6B
Debt Repayment i	-920.7M	-379.7M	-576.7M	-695.4M	-2.9B
Financing Cash Flow i	-703.4M	-851.6M	-427.6M	-657.1M	-2.5B
Free Cash Flow i	748.3M	605.3M	614.5M	608.3M	507.6M
Net Change in Cash i	116.4M	-254.0M	-123.3M	-349.9M	-1.8B

Cash Flow Trend

Lamar Advertising Key Financial Ratios

Valuation Ratios

P/E Ratio (TTM) 28.44

Forward P/E 21.41

Price to Book 13.65

Price to Sales 5.53

PEG Ratio 2.12

Profitability Ratios

Profit Margin 19.67%

Operating Margin 33.38%

Return on Equity 41.90%

Return on Assets 5.10%

Financial Health

Current Ratio 0.58

Debt to Equity 526.06

Beta 1.39

Per Share Data

EPS (TTM) $4.29

Book Value per Share $8.94

Revenue per Share $21.89

Peer Financial Comparison

Company	Market Cap	P/E Ratio	P/B Ratio	ROE	Profit Margin	Debt/Equity
lamr	12.4B	28.44	13.65	41.90%	19.67%	526.06
American Tower	98.2B	39.28	26.45	24.28%	12.60%	431.47
Equinix	75.6B	75.78	5.37	7.51%	11.13%	154.90
Digital Realty	58.0B	43.73	2.56	5.84%	24.32%	80.67
Crown Castle	44.8B	36.57	-32.67	-183.28%	-71.71%	-21.39
Iron Mountain	26.7B	646.79	-56.35	-79.54%	0.64%	-36.91

Financial data is updated regularly. All figures are in the company's reporting currency.