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LAMR
Lamar Advertising CompanyStock · Real Estate
$155.10+$1.03 (+0.67%)as of market close, Aug 13, 2026
☾ After hours:$155.14+0.00%3:59 PM ET
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How Lamar Advertising makes money

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How does Lamar Advertising make money? This Sankey traces every dollar of revenue through the income statement — into cost of revenue, R&D, SG&A, and taxes — and shows what's left as profit. Pick any fiscal year, recent quarter, or the trailing twelve months. Straight from SEC filings.

Lamar Advertising Company · FY2025 · year ended 2025-12-31
Revenue$2.3BGross profit$1.5B · 67%Cost of revenue$747M · 33%Operating income$774M · 34%Operating expenses$745M · 33%SG&A$369M · 16%Other opex$377M · 17%Pre-tax income$608M · 27%Other expense$166M · 7%Net income$587M · 26%Income tax$21M · 1%

Each fiscal year from SEC filings. Percentages are share of revenue, so the green profit nodes read directly as gross / operating / net margin. Line items a company doesn't break out are derived from their siblings so the flows balance; small residuals show as “Other.” For informational purposes only.