Lamar Advertising Company (LAMR)

Lamar Advertising Company Cash Flow Statement

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

Year	2023	2022	2021	2020	2019
Net Income	495.4	438.28	387.73	243.02	371.75
Depreciation & Amortization	293.42	349.45	271.29	251.3	250.03
Share-Based Compensation	22.65	23.14	37.37	18.77	29.65
Other Operating Activities	-28.22	-29.62	37.67	56.42	-20.92
Operating Cash Flow	783.61	781.61	734.42	569.87	630.87
Operating Cash Flow Growth	0.26%	6.43%	28.87%	-9.67%	11.69%
Capital Expenditures	-178.27	-167.08	-126.09	-62.27	-140.96
Acquisitions	-138.96	-479.77	-312.26	-45.58	-226.28
Change in Investments	0.06	12.12	-29.89	0	-0.45
Other Investing Activities	7.05	15.65	6.48	10.97	5.65
Investing Cash Flow	-310.12	-619.07	-461.76	-96.89	-362.03
Dividends Paid	-510.62	-508.61	-405.17	-252.31	-385.18
Share Issuance / Repurchase	9.7	8.39	12.98	0.66	35.38
Debt Issued / Paid	20.34	291.72	98.28	-124.76	86.07
Other Financing Activities	-1.06	-0.81	-0.6	-1.51	-0.62
Financing Cash Flow	-481.64	-209.32	-294.52	-377.92	-264.36
Exchange Rate Effect	0.13	-0.39	0.08	0.31	0.22
Net Cash Flow	-8.01	-47.17	-21.78	95.38	4.69
Free Cash Flow	605.34	614.53	608.33	507.6	489.91
Free Cash Flow Growth	-1.50%	1.02%	19.84%	3.61%	9.55%
Free Cash Flow Margin	28.68%	30.24%	34.03%	32.35%	27.94%
Free Cash Flow Per Share	5.94	6.05	6.01	5.04	4.89

Source: Financials are provided by Nasdaq Data Link and sourced from the audited annual (10-K) and quarterly (10-Q) reports submitted to the Securities and Exchange Commission (SEC).