Lamar Advertising Company (LAMR)

NASDAQ: LAMR · Real-Time Price · USD

139.18

+1.44 (1.05%)

At close: Mar 2, 2026, 4:00 PM EST

140.50

+1.32 (0.95%)

After-hours: Mar 2, 2026, 7:24 PM EST

Lamar Advertising Company Income Statement

Financials in millions USD. Fiscal year is January - December.

Millions USD. Fiscal year is Jan - Dec.

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Rental Revenue	2,266	2,207	2,111	2,032	1,787
Other Revenue	0.21	5.09	3.7	4.32	3.38
Total Revenue	2,266	2,212	2,115	2,036	1,791
Revenue Growth (YoY	2.45%	4.61%	3.84%	13.72%	14.15%
Property Expenses	746.86	727.88	696.8	667.29	576.51
Selling, General & Administrative	494.91	490.28	450.81	453.12	420.53
Depreciation & Amortization	326.33	462.97	293.42	349.45	271.29
Total Operating Expenses	1,568	1,681	1,441	1,470	1,268
Operating Income	698.32	531.08	673.66	566.6	522.46
Interest Expense	-160.44	-171.71	-174.51	-127.51	-106.38
Interest & Investment Income	2.58	2.32	2.12	1.29	0.76
EBT Excluding Unusual Items	540.47	361.68	501.26	440.38	416.84
Gain (Loss) on Sale of Assets	75.94	6.06	5.47	15.72	2.12
Other Unusual Items	-2.01	-0.27	-0.12	-	-21.6
Pretax Income	614.4	367.47	506.62	456.1	397.35
Income Tax Expense	21.33	4.53	9.78	17.45	9.26
Earnings From Continuing Operations	593.07	362.94	496.84	438.65	388.09
Minority Interest in Earnings	-5.92	-1.07	-1.07	-	-
Net Income	587.15	361.87	495.76	438.65	388.09
Preferred Dividends & Other Adjustments	0.37	0.37	0.37	0.37	0.37
Net Income to Common	586.79	361.5	495.4	438.28	387.73
Net Income Growth	62.26%	-27.01%	13.02%	13.03%	59.46%
Basic Shares Outstanding	102	102	102	102	101
Diluted Shares Outstanding	102	103	102	102	101
Shares Change (YoY)	-0.90%	0.45%	0.46%	0.28%	0.44%
EPS (Basic)	5.78	3.54	4.86	4.32	3.83
EPS (Diluted)	5.77	3.52	4.85	4.31	3.83
EPS Growth	63.92%	-27.42%	12.53%	12.53%	58.92%
Dividend Per Share	6.200	5.400	5.000	4.700	3.500
Dividend Growth	14.82%	8.00%	6.38%	34.29%	40.00%
Operating Margin	30.81%	24.01%	31.86%	27.82%	29.18%
Profit Margin	25.89%	16.34%	23.43%	21.52%	21.65%
EBITDA	1,025	994.04	967.08	916.04	793.75
EBITDA Margin	45.21%	44.94%	45.73%	44.98%	44.32%
D&A For Ebitda	326.33	462.97	293.42	349.45	271.29
EBIT	698.32	531.08	673.66	566.6	522.46
EBIT Margin	30.81%	24.01%	31.86%	27.82%	29.18%
Funds From Operations (FFO)	827.33	798.42	-	756.99	-
FFO Per Share	8.07	7.78	-	7.45	-
Adjusted Funds From Operations (AFFO)	846.68	818.99	-	749.73	-
AFFO Per Share	8.26	7.99	-	7.38	-
FFO Payout Ratio	79.27%	72.50%	-	67.14%	-
Effective Tax Rate	3.47%	1.23%	1.93%	3.83%	2.33%

Updated Feb 20, 2026. Source: S&P Global Market Intelligence. Real Estate template. Financial Sources.

SEC Filings: 10-K · 10-Q