Lamar Advertising Company (LAMR)
NASDAQ: LAMR · Real-Time Price · USD
161.76
+2.11 (1.32%)
At close: Nov 13, 2026, 4:00 PM EST
162.39
+0.63 (0.39%)
After-hours: Nov 13, 2026, 7:48 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 | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Sep '26 Sep 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 |
Rental Revenue | 2,365 | 2,266 | 2,207 | 2,111 | 2,032 | 1,787 |
Other Revenue | - | 0.21 | 5.09 | 3.7 | 4.32 | 3.38 |
| 2,365 | 2,266 | 2,212 | 2,115 | 2,036 | 1,791 | |
Revenue Growth (YoY | 4.98% | 2.45% | 4.61% | 3.84% | 13.72% | 14.15% |
Property Expenses | 766.29 | 746.86 | 727.88 | 696.8 | 667.29 | 576.51 |
Selling, General & Administrative | 520.18 | 494.91 | 490.28 | 450.81 | 453.12 | 420.53 |
Depreciation & Amortization | 351.15 | 326.33 | 462.97 | 293.42 | 349.45 | 271.29 |
Total Operating Expenses | 1,638 | 1,568 | 1,681 | 1,441 | 1,470 | 1,268 |
Operating Income | 727.54 | 698.32 | 531.08 | 673.66 | 566.6 | 522.46 |
Interest Expense | -163.06 | -160.44 | -171.71 | -174.51 | -127.51 | -106.38 |
Interest & Investment Income | 2.05 | 2.58 | 2.32 | 2.12 | 1.29 | 0.76 |
EBT Excluding Unusual Items | 566.53 | 540.47 | 361.68 | 501.26 | 440.38 | 416.84 |
Gain (Loss) on Sale of Assets | 31.98 | 75.94 | 6.06 | 5.47 | 15.72 | 2.12 |
Other Unusual Items | - | -2.01 | -0.27 | -0.12 | - | -21.6 |
Pretax Income | 598.51 | 614.4 | 367.47 | 506.62 | 456.1 | 397.35 |
Income Tax Expense | 12.25 | 21.33 | 4.53 | 9.78 | 17.45 | 9.26 |
Earnings From Continuing Operations | 586.26 | 593.07 | 362.94 | 496.84 | 438.65 | 388.09 |
Minority Interest in Earnings | -10.06 | -5.92 | -1.07 | -1.07 | - | - |
Net Income | 576.2 | 587.15 | 361.87 | 495.76 | 438.65 | 388.09 |
Preferred Dividends & Other Adjustments | 0.37 | 0.37 | 0.37 | 0.37 | 0.37 | 0.37 |
Net Income to Common | 575.83 | 586.79 | 361.5 | 495.4 | 438.28 | 387.73 |
Net Income Growth | 32.89% | 62.32% | -27.03% | 13.03% | 13.04% | 59.54% |
Basic Shares Outstanding | 101 | 102 | 102 | 102 | 102 | 101 |
Diluted Shares Outstanding | 102 | 102 | 103 | 102 | 102 | 101 |
Shares Change | -0.40% | -0.90% | 0.45% | 0.46% | 0.28% | 0.44% |
EPS (Basic) | 5.68 | 5.78 | 3.54 | 4.86 | 4.32 | 3.83 |
EPS (Diluted) | 5.67 | 5.77 | 3.52 | 4.85 | 4.31 | 3.83 |
EPS Growth | 33.69% | 63.92% | -27.42% | 12.53% | 12.53% | 58.92% |
Additional Metrics
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Sep '26 Sep 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 |
Dividend Per Share | 6.400 | 6.200 | 5.400 | 5.000 | 4.700 | 3.500 |
Dividend Growth | 5.79% | 14.82% | 8.00% | 6.38% | 34.29% | 40.00% |
Operating Margin | 30.76% | 30.81% | 24.01% | 31.86% | 27.82% | 29.18% |
Profit Margin | 24.35% | 25.89% | 16.34% | 23.43% | 21.52% | 21.65% |
EBITDA | 1,079 | 1,025 | 994.04 | 967.08 | 916.04 | 793.75 |
EBITDA Margin | 45.61% | 45.21% | 44.94% | 45.73% | 44.98% | 44.32% |
D&A For Ebitda | 351.15 | 326.33 | 462.97 | 293.42 | 349.45 | 271.29 |
EBIT | 727.54 | 698.32 | 531.08 | 673.66 | 566.6 | 522.46 |
EBIT Margin | 30.76% | 30.81% | 24.01% | 31.86% | 27.82% | 29.18% |
Funds From Operations (FFO) | 855.27 | 827.33 | 798.42 | 767.89 | 756.99 | 643.4 |
FFO Per Share | 8.29 | 8.07 | 7.78 | 7.52 | 7.45 | - |
Adjusted Funds From Operations (AFFO) | 905.37 | 846.68 | 818.99 | 762.27 | 749.73 | 667.74 |
AFFO Per Share | 8.81 | 8.26 | 7.99 | 7.47 | 7.38 | - |
FFO Payout Ratio | 79.01% | 79.27% | 72.50% | 66.45% | 67.14% | 55.05% |
Effective Tax Rate | 2.05% | 3.47% | 1.23% | 1.93% | 3.83% | 2.33% |