LAMR
$144.12+0.54%
as of close, Oct 2, 2026
☾ AH $144.12 +0.54%
Lamar Advertising CompanyStock · Real EstateUS REITs 0.6%Nasdaq Composite 0.03%Russell 1000 0.02%US Stock Market 0.02%Russell 3000 0.02%
LAMR financial statements
The full income statement, balance sheet, and cash-flow statement for Lamar Advertising Company (LAMR), plus valuation ratios — straight from SEC filings. Switch between annual, quarterly, and trailing-twelve-month figures, pick how far back to look, and flip the time order. Every line has a trend sparkline.
Shares outstanding (point-in-time)
2024-06 102.3M2024-09 102.4M2024-12 102.4M2025-03 102.4M2025-06 101.2M2025-09 101.3M2025-12 101.3M2026-03 101.5M2026-06 101.5M-0.7% over 8 periods
SEC-filed end-of-period counts (cover pages and balance sheets, split-adjusted) — the series realized buyback yield is computed from. The weighted-average share lines in the statements below lag these by design: an average over the year sits near the midpoint of an ongoing buyback.
As-reported fiscal years.
| Line item | Trend | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 |
|---|---|---|---|---|---|---|
| Income Statement | as ofDec 31 ’25 | as ofDec 31 ’24 | as ofDec 31 ’23 | as ofDec 31 ’22 | as ofDec 31 ’21 | |
| Revenue | 2.27B+2.7% | 2.21B+4.6% | 2.11B+3.9% | 2.03B+13.7% | 1.79B+13.9% | |
| Cost of revenue | 747M+2.6% | 728M+4.5% | 697M+4.4% | 667M+15.7% | 577M+3.4% | |
| Selling, general & administrative | 369M+2.1% | 361M+4.7% | 345M-1.7% | 351M+7.2% | 327M+13.6% | |
| General & administrative | 369M+2.1% | 361M+4.7% | 345M-1.7% | 351M+7.2% | 327M+13.6% | |
| Amortization of intangibles | 144M+1.7% | 142M+1.3% | 140M+4.3% | 134M+17.4% | 114M+3.7% | |
| Provision for credit losses | 9.41M+7.3% | 8.77M-31.1% | 12.7M+41.3% | 9.01M+99.1% | 4.53M-64.4% | |
| Operating income | 774M+45.5% | 532M-21.2% | 675M+16.9% | 578M+10.9% | 521M+27.1% | |
| Interest expense | 160M-6.6% | 172M-1.6% | 175M+36.9% | 128M+19.9% | 106M-22.7% | |
| Interest & investment income | 2.58M+11.6% | 2.31M+9.5% | 2.12M+63.6% | 1.29M+69.5% | 763K-4.3% | |
| Other non-operating income | -160M+3.0% | -165M+2.5% | -169M-38.5% | -122M+1.6% | -124M+23.6% | |
| Equity-method income | 206K-96.0% | 5.09M+37.8% | 3.70M-14.3% | 4.32M+27.5% | 3.38M | |
| Pre-tax income | 614M+67.2% | 367M-27.5% | 507M+11.1% | 456M+14.8% | 397M+60.2% | |
| Income tax | 21.3M+370.7% | 4.53M-53.7% | 9.78M-43.9% | 17.5M+88.5% | 9.26M+98.6% | |
| 587M+62.3% | 362M-27.0% | 496M+13.0% | 439M+13.0% | 388M+59.5% | ||
| Net income to non-controlling interest | 5.92M+451.9% | 1.07M-0.1% | 1.07M | 0.00 | 0.00 | |
| Preferred dividends | 365K+0.0% | 365K+0.0% | 365K+0.0% | 365K+0.0% | 365K+0.0% | |
| Net income to common | 587M+62.3% | 362M-27.0% | 495M+13.0% | 438M+13.0% | 388M+59.5% | |
| $5.77+63.9% | $3.52-27.4% | $4.85+12.5% | $4.31+12.5% | $3.83+58.9% | ||
| EPS (basic) | $5.78+63.3% | $3.54-27.2% | $4.86+12.5% | $4.32+12.8% | $3.83+58.9% | |
| Weighted-avg shares (basic) | 102M-0.7% | 102M+0.3% | 102M+0.4% | 102M+0.4% | 101M+0.4% | |
| Weighted-avg shares (diluted) | 102M-0.9% | 103M+0.4% | 102M+0.5% | 102M+0.3% | 101M+0.4% | |
| Dividends per share | $6.45+14.2% | $5.65+13.0% | $5.00+0.0% | $5.00+25.0% | $4.00+60.0% | |
| Balance Sheet | as ofDec 31 ’25 | as ofDec 31 ’24 | as ofDec 31 ’23 | as ofDec 31 ’22 | as ofDec 31 ’21 | |
| 460M+8.1% | 425M+14.0% | 373M+2.4% | 365M-6.2% | 389M+2.1% | ||
| Cash & equivalents | 64.8M+31.0% | 49.5M+10.9% | 44.6M-15.2% | 52.6M-47.3% | 99.8M-17.9% | |
| Accounts receivable | 341M+1.9% | 335M+11.2% | 301M+5.7% | 285M+5.6% | 270M+12.1% | |
| Other current assets | 53.7M+30.9% | 41.0M+49.7% | 27.4M+1.9% | 26.9M+42.3% | 18.9M+4.2% | |
| 6.93B+5.2% | 6.59B+0.3% | 6.56B+1.4% | 6.48B+7.1% | 6.05B+4.4% | ||
| Property, plant & equipment | 1.68B+4.9% | 1.60B+2.2% | 1.57B+4.5% | 1.50B+12.1% | 1.34B+4.3% | |
| Operating lease right-of-use | 1.50B+11.0% | 1.36B+3.0% | 1.32B+3.4% | 1.27B+3.8% | 1.22B+0.2% | |
| Goodwill | 2.11B+3.7% | 2.04B-0.0% | 2.04B+0.0% | 2.04B+5.1% | 1.94B+1.3% | |
| Intangible assets | 1.11B+4.8% | 1.06B-9.3% | 1.17B-2.9% | 1.21B+15.4% | 1.05B+14.3% | |
| Deferred tax assets | 332K | 0.00 | — | — | — | |
| Other non-current assets | 58.6M-40.9% | 99.2M+9.5% | 90.6M+8.7% | 83.4M-15.3% | 98.4M+62.5% | |
| 794M+2.0% | 778M+9.0% | 714M-1.7% | 726M+9.5% | 663M+21.0% | ||
| Accounts payable | 16.5M-23.7% | 21.6M+18.4% | 18.2M-7.2% | 19.6M+19.6% | 16.4M+36.7% | |
| Accrued liabilities | 139M+3.5% | 134M+25.0% | 107M-8.8% | 118M-12.9% | 135M+28.3% | |
| Deferred revenue | 155M+0.9% | 154M+21.5% | 127M-4.0% | 132M-3.8% | 137M+23.1% | |
| Short-term & current debt | 250M+0.1% | 250M-0.1% | 250M+0.1% | 250M+42.9% | 175M+42.8% | |
| Current lease liability | 232M+6.6% | 218M+3.6% | 211M+2.3% | 206M+3.8% | 198M+1.5% | |
| Finance lease liability (current) | 1.33M+0.0% | 1.33M+0.0% | 1.33M+0.0% | 1.33M+0.0% | 1.33M+0.0% | |
| 5.91B+6.7% | 5.54B+3.6% | 5.35B+1.3% | 5.28B+9.3% | 4.83B+5.3% | ||
| Long-term debt | 3.17B+7.0% | 2.96B-4.2% | 3.09B+0.9% | 3.06B+7.9% | 2.84B+2.7% | |
| Non-current lease liability | 1.25B+12.5% | 1.11B+3.6% | 1.08B+3.8% | 1.04B+4.0% | 995M+0.2% | |
| Operating lease liability (total) | 1.49B+11.6% | 1.33B+3.6% | 1.29B+3.6% | 1.24B+4.0% | 1.19B+0.4% | |
| Finance lease liability | 12.0M-10.0% | 13.3M-9.1% | 14.6M-8.3% | 15.9M-7.7% | 17.3M-7.2% | |
| Deferred tax liabilities | 749K-90.6% | 8.01M-33.5% | 12.0M+24.8% | 9.65M+50.4% | 6.42M+32.2% | |
| Other non-current liabilities | 52.6M+8.2% | 48.6M+16.0% | 41.9M+7.2% | 39.1M-2.8% | 40.2M+9.8% | |
| 1.02B-2.2% | 1.05B-13.9% | 1.22B+1.8% | 1.20B-1.8% | 1.22B+1.2% | ||
| Preferred stock | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
| Additional paid-in capital | 2.35B+8.9% | 2.16B+2.7% | 2.10B+2.0% | 2.06B+3.0% | 2.00B+1.9% | |
| Retained earnings | -1.11B-6.7% | -1.04B-26.5% | -819M-1.8% | -804M-9.5% | -734M-2.4% | |
| Treasury stock | 231M+217.3% | 72.7M+7.9% | 67.3M+9.8% | 61.4M+20.7% | 50.9M+13.5% | |
| Accumulated other comprehensive income | -2.80M+5.1% | -2.95M-590.2% | -428K+35.1% | -659K-177.1% | 855K-8.5% | |
| Non-controlling interest | 13.2M+1453.9% | 849K+105.1% | 414K | 0.00 | — | |
| Total equity incl. non-controlling | 1.02B-2.2% | 1.05B-13.9% | 1.22B+1.8% | 1.20B-1.8% | 1.22B+1.2% | |
| Total liabilities & equity | 6.93B+5.2% | 6.59B+0.3% | 6.56B+1.4% | 6.48B+7.1% | 6.05B+4.4% | |
| Cash Flow | as ofDec 31 ’25 | as ofDec 31 ’24 | as ofDec 31 ’23 | as ofDec 31 ’22 | as ofDec 31 ’21 | |
| 864M-1.1% | 874M+11.5% | 784M+0.3% | 782M+6.4% | 734M+28.9% | ||
| Depreciation & amortization | 326M-29.5% | 463M+57.8% | 293M-16.0% | 349M+28.8% | 271M+8.0% | |
| Intangible amortization | 144M+1.7% | 142M+1.3% | 140M+4.3% | 134M+17.4% | 114M+3.7% | |
| Share-based compensation | 34.0M-23.7% | 44.5M+96.6% | 22.6M-2.1% | 23.1M-38.1% | 37.4M+99.1% | |
| Deferred income taxes | -7.62M-88.9% | -4.04M-269.3% | 2.38M-25.8% | 3.21M+104.1% | 1.57M+297.5% | |
| -245M-48.3% | -165M+46.8% | -310M+49.9% | -619M-34.1% | -462M-376.6% | ||
| Capital expenditure | 181M+44.3% | 125M-29.7% | 178M+6.7% | 167M+32.5% | 126M+102.5% | |
| Free cash flow | 683M-8.7% | 748M+23.6% | 605M-1.5% | 615M+1.0% | 608M+19.8% | |
| Acquisitions | 191M+320.9% | 45.4M-67.3% | 139M-71.0% | 480M+53.6% | 312M+585.0% | |
| Proceeds from sale of PP&E | 127M+2128.8% | 5.71M-19.1% | 7.05M-54.9% | 15.6M+141.5% | 6.48M-40.9% | |
| -604M+14.1% | -703M-46.0% | -482M-130.1% | -209M+28.9% | -295M+22.1% | ||
| Long-term debt issued | 698M | 0.00 | 0.00 | 0.00 | 0.00-100.0% | |
| Long-term debt repaid | 0.00-100.0% | 400K+5.0% | 381K+4.4% | 365K-3.4% | 378K-95.9% | |
| Common stock issued | 17.7M-15.7% | 21.0M+33.7% | 15.7M-17.0% | 18.9M-0.8% | 19.0M+70.8% | |
| Common stock repurchased | 158M+2856.8% | 5.34M-10.8% | 5.99M-43.0% | 10.5M+73.2% | 6.07M-42.2% | |
| Dividends paid | 656M+13.3% | 579M+13.4% | 511M+0.4% | 509M+25.5% | 405M+60.6% | |
| Net change in cash | 15.4M+216.1% | 4.86M+160.6% | -8.01M+83.0% | -47.2M-116.6% | -21.8M-122.8% | |
| Interest paid | 148M-10.6% | 166M-1.3% | 168M+40.0% | 120M+7.1% | 112M-14.4% | |
| Income taxes paid | 29.1M+242.2% | 8.51M-25.6% | 11.4M-30.0% | 16.3M+94.6% | 8.39M+108.0% | |
| Valuation Ratios | as ofDec 31 ’25 | as ofDec 31 ’24 | as ofDec 31 ’23 | as ofDec 31 ’22 | as ofDec 31 ’21 | |
| Market cap | 12.8B+2.9% | 12.5B+15.0% | 10.8B+12.9% | 9.60B-21.9% | 12.3B+46.3% | |
| P/E | 21.8×-36.6% | 34.4×+31.2% | 26.3×+35.7% | 19.4×-38.8% | 31.7×-8.3% | |
| P/S | 5.7×+0.2% | 5.6×+8.9% | 5.2×+7.6% | 4.8×-29.9% | 6.9×+28.4% | |
| P/B | 12.5×+5.2% | 11.9×+30.2% | 9.1×+21.3% | 7.5×-25.4% | 10.1×+44.6% | |
| P/FCF | 18.8×+12.7% | 16.7×-9.1% | 18.3×+16.8% | 15.7×-22.3% | 20.2×+22.1% | |
| Earnings yield | 4.6%+57.7% | 2.9%-23.8% | 3.8%-26.3% | 5.2%+63.5% | 3.2%+9.0% | |
| FCF yield | 5.3%-11.3% | 6.0%+10.0% | 5.5%-14.4% | 6.4%+28.7% | 5.0%-18.1% | |
| Dividend yield | 5.1%+9.8% | 4.6%-1.4% | 4.7%-11.2% | 5.3%+60.6% | 3.3%+9.8% | |
| Source filing | 10-K | 10-K | 10-K | 10-K | 10-K |
About this data
Source: LAMR’s SEC filings (10-K / 10-Q). Annual columns are as-reported fiscal years; quarterly columns are as-reported fiscal quarters (Q4 derived as full-year minus the first three quarters where a company doesn’t file a standalone Q4); TTM (quarterly) rolls the trailing four quarters at every quarter end, TTM (yearly) samples that one year apart; balance-sheet rows show the period-end balance. Valuation ratios are sampled as of each period end. View all LAMR filings on SEC EDGAR → Not investment advice.