Lamar Advertising Company (LAMR)
NASDAQ: LAMR · Real-Time Price · USD
151.08
+2.07 (1.39%)
At close: Sep 1, 2026, 4:00 PM EDT
153.44
+2.36 (1.56%)
After-hours: Sep 1, 2026, 7:30 PM EDT
Lamar Advertising Company Cash Flow Statement
Financials in millions USD. Fiscal year is January - December.
Millions USD. Fiscal year is Jan - Dec.
Operating Activities
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Jun '26 Jun 30, 2026 | 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 |
Net Income | 556.08 | 587.15 | 361.87 | 495.76 | 438.65 | 388.09 |
Depreciation & Amortization | 336.79 | 326.33 | 462.97 | 293.42 | 349.45 | 271.29 |
Other Amortization | 6.61 | 6.28 | 6.33 | 6.54 | 6.16 | 5.88 |
Gain (Loss) on Sale of Assets | -17.27 | -75.94 | -6.06 | -5.47 | -15.72 | -2.12 |
Stock-Based Compensation | 41.5 | 33.96 | 44.53 | 22.65 | 23.14 | 37.37 |
Income (Loss) on Equity Investments | - | -0.21 | -5.09 | -3.7 | -4.32 | -3.38 |
Change in Accounts Receivable | -42.7 | -15.51 | -43 | -28.74 | -22.51 | -24.68 |
Change in Accounts Payable | -2.02 | -0.77 | 3.26 | -0.31 | 1.18 | 1.31 |
Change in Other Net Operating Assets | 3.2 | -6.97 | 42.73 | -12.85 | -6.63 | 32.96 |
Other Operating Activities | 13.5 | 0.31 | -2.69 | 3.57 | 3.21 | 23.18 |
Operating Cash Flow | 906.62 | 864.05 | 873.61 | 783.61 | 781.61 | 734.42 |
Operating Cash Flow Growth | 4.94% | -1.09% | 11.48% | 0.26% | 6.43% | 28.87% |
Investing Activities
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Jun '26 Jun 30, 2026 | 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 |
Acquisition of Real Estate Assets | -166.28 | -161.91 | -113.91 | -166.23 | -167.08 | -126.09 |
Sale of Real Estate Assets | 21.04 | 127.18 | 5.71 | 7.05 | 15.65 | 6.48 |
Net Sale / Acq. of Real Estate Assets | -145.24 | -34.74 | -108.21 | -159.18 | -151.43 | -119.61 |
Cash Acquisition | -205.93 | -191.08 | -45.39 | -138.96 | -479.77 | -312.26 |
Investment in Marketable & Equity Securities | - | - | - | - | - | -30 |
Other Investing Activities | 0.07 | 0.07 | 0.07 | 0.06 | 12.12 | 0.11 |
Investing Cash Flow | -373.4 | -244.63 | -164.91 | -310.12 | -619.07 | -461.76 |
Financing Activities
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Jun '26 Jun 30, 2026 | 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 |
Short-Term Debt Issued | - | 174.4 | 86.4 | 114.9 | - | - |
Long-Term Debt Issued | - | 1,540 | 783 | 403 | 1,060 | 930 |
Total Debt Issued | 1,548 | 1,715 | 869.4 | 517.9 | 1,060 | 930 |
Short-Term Debt Repaid | - | -174.4 | -86.4 | -114.9 | - | - |
Long-Term Debt Repaid | - | -1,328 | -920.73 | -379.71 | -766.7 | -822.9 |
Total Debt Repaid | -1,396 | -1,502 | -1,007 | -494.61 | -766.7 | -822.9 |
Net Debt Issued (Repaid) | 152.46 | 212.5 | -137.73 | 23.29 | 293.3 | 107.1 |
Issuance of Common Stock | 22.19 | 17.69 | 20.98 | 15.69 | 18.89 | 19.04 |
Repurchase of Common Stock | -6.08 | -157.92 | -5.34 | -5.99 | -10.51 | -6.07 |
Common Dividends Paid | -665.15 | -655.86 | -578.85 | -510.25 | -508.25 | -404.81 |
Preferred Dividends Paid | -0.37 | -0.37 | -0.37 | -0.37 | -0.37 | -0.37 |
Total Dividends Paid | -665.51 | -656.22 | -579.21 | -510.62 | -508.61 | -405.17 |
Other Financing Activities | -23.88 | -20.36 | -2.12 | -4.01 | -2.4 | -9.42 |
Net Cash Flow
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Jun '26 Jun 30, 2026 | 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 |
Foreign Exchange Rate Adjustments | -0.17 | 0.25 | -0.42 | 0.13 | -0.39 | 0.08 |
Net Cash Flow | 12.22 | 15.35 | 4.86 | -8.01 | -47.17 | -21.78 |
Free Cash Flow
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Jun '26 Jun 30, 2026 | 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 |
Levered Free Cash Flow | 558.69 | 537.7 | 645.27 | 454.69 | 443.49 | 478.58 |
Unlevered Free Cash Flow | 653.99 | 631.69 | 746.25 | 557.22 | 517.03 | 539.19 |
Additional Metrics
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Jun '26 Jun 30, 2026 | 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 |
Cash Interest Paid | 153.08 | 148.33 | 165.83 | 168.01 | 120 | 112.08 |
Cash Income Tax Paid | 20.25 | 29.1 | 8.51 | 11.43 | 16.33 | 8.39 |
Change in Working Capital | -41.52 | -23.25 | 2.99 | -41.9 | -27.97 | 9.58 |