What is Lamar Advertising Co's earnings per share (EPS)?

Lamar Advertising Co (LAMR) reported diluted earnings per share of $5.77 for fiscal year 2025. This represents a 63.9% change compared to the previous fiscal year. EPS represents the portion of a company's net income allocated to each outstanding share of common stock and is widely used to evaluate profitability on a per-share basis.

Lamar Advertising Co (LAMR) Financials

LAMR

Trailing 12 months to June 30, 2026

Revenue $2.3B +4.4% YoY

Net Income $556.1M +26.6% YoY

EPS (Diluted) $5.48 +27.7% YoY

Free Cash Flow $718.1M -0.6% YoY

Market Cap $14.9B as of Oct 13, 2026

Price / Sales 6.4x on $2.3B revenue, trailing 12 months to June 30, 2026

Price / Earnings 26.8x on $556.1M net income, trailing 12 months to June 30, 2026

Price / Book 15.0x on $995.5M equity, Q2 FY2026

A multiple compares the market's price with a filed figure; it says what the market pays, not how the business is doing. The market capitalization is the vendor's as of Oct 13, 2026; every other figure is from the SEC filings on this page. Not financial advice.

Source SEC Filings (10-K/10-Q) Latest period Q2 FY2026, ended Jun 30, 2026 Reported Aug 6, 2026 Currency USD FYE December

Newest figures come from the 10-Q for Q2 FY2026, filed Aug 6, 2026. Each column of the statement tables below links to the filing it was taken from, and every filing is listed on the LAMR SEC filings page.

Lamar Advertising Co (LAMR) reported $2.3B in revenue over the twelve months to Jun 30, 2026, up 4.4% from the prior twelve months. This page shows its income statement, balance sheet, cash flow statement, and key financial ratios. View 15 years of annual fundamentals and quarterly data, with year-over-year growth rates and compound annual growth rates (CAGR). All figures are derived from SEC filings (10-K and 10-Q reports).

Rhea AI LAMR FY2025 2026-10-03

Lamar’s profit rebound came with lower depreciation, but leverage and heavier reinvestment kept free cash flow from following earnings.

Net income rose 62.2% in FY2025, yet free cash flow fell 8.7%, so the earnings rebound did not translate into more cash after reinvestment. Operating cash flow was nearly flat while capital expenditures rose 44.3%, pointing to reinvestment—not weaker reported profitability—as the main reason cash conversion did not improve.

Revenue rose 2.7% in FY2025, while operating margin widened sharply. That expansion coincided with depreciation and amortization falling from $463M to $326M, so the reported improvement is partly a lower non-cash expense base rather than equivalent sales growth.

Debt-to-equity reached 3.1x while the current ratio stayed at 0.6, indicating a liability-heavy structure with limited short-term balance-sheet cushion. Operating cash flow of $864M was close to current liabilities of $794M, but that annual flow does not eliminate reliance on continued cash generation.

Financial Health Signals

Financial Health Score 60/100

Scored as: REITs peer group

Scored against REITs for FY2025. Each of the six dimensions is a percentile rank within that peer group; the overall is their average, with missing dimensions counted as zero out of six. A high score means strong standing among peers, not absolute cross-industry strength. How this score is calculated →

Health score ≠ stock price. This rates the quality of Lamar Advertising Co's business: profitability, growth, balance sheet strength. It doesn't tell you whether the stock is a good buy at today's price. Not financial advice. Use it alongside valuation analysis and your own research.

FFO Margin

FFO Margin measures funds from operations against revenue, and funds from operations is net income with property depreciation added back, since a building written down a little further every year on paper is often worth more rather than less. Lamar Advertising Co scores 63/100 on it among other REITs.

FFO Growth

FFO Growth follows the three-year path of funds from operations, which is net income with property depreciation added back. Lamar Advertising Co scores 57/100 on it among other REITs.

Leverage

Lamar Advertising Co's net debt of $3.1B, being $3.2B of long-term debt less $64.8M of cash, came to 2.82 times its EBITDA in fiscal year 2025. REITs are ranked here on that debt against their EBITDA, where a lower multiple is the safer one, and Lamar Advertising Co scores 83/100 among other REITs.

Interest Cov.

Lamar Advertising Co's operating income of $774.1M covered its interest expense of $160.4M 4.82 times over in fiscal year 2025. The interest coverage axis ranks REITs on operating income against interest owed, and Lamar Advertising Co scores 88/100 among other REITs.

AFFO Margin

AFFO Margin takes funds from operations, subtracts the spending a REIT needs just to keep its properties in working order, and measures what is left against revenue. Lamar Advertising Co scores 67/100 on it among other REITs.

Dividend Cov.

Not available for Lamar Advertising Co, and counted as zero in the overall score.

Altman Z-Score Grey Zone

1.93

Lamar Advertising Co scores 1.93, placing it in the grey zone between 1.81 and 2.99. The score is driven primarily by a large market capitalization ($14.9B) relative to total liabilities ($5.9B). This signals moderate financial risk that warrants monitoring.

Distress-screening estimate for non-financial companies. Not computed for banks or insurers, where the Altman model does not apply.

Piotroski F-Score Partial

6/8

Lamar Advertising Co passes 6 of 8 computable financial strength tests (1 of the nine could not be computed from available data). All 4 profitability signals pass (positive income, cash flow, and earnings quality), 1 of 2 leverage/liquidity signals pass, 1 of 2 efficiency signals pass.

Earnings Quality Cash-Backed

1.47x

For every $1 of reported earnings, Lamar Advertising Co generates $1.47 in operating cash flow ($864.0M OCF vs $587.2M net income). This indicates profits are well-supported by actual cash generation, not accounting adjustments.

Interest Coverage Adequate

4.82x

Lamar Advertising Co earns $4.82 in operating income for every $1 of interest expense ($774.1M vs $160.4M). This adequate coverage means the company can meet its interest obligations, but has limited cushion if earnings fall.

Key Financial Metrics

Export CSV

Earnings & Revenue

Revenue

$616.7M

YoY+6.5%

QoQ+16.8%

5Y CAGR+6.7%

Lamar Advertising Co generated $616.7M in revenue in Q2 2026. This represents an increase of 6.5% from the same quarter a year earlier. Against the prior quarter it is up 16.8%.

EBITDA

$292.4M

YoY+6.0%

QoQ+28.2%

5Y CAGR+6.9%

Lamar Advertising Co's EBITDA was $292.4M in Q2 2026, measuring earnings before interest, taxes, depreciation, and amortization. This represents an increase of 6.0% from the same quarter a year earlier. Against the prior quarter it is up 28.2%.

Net Income

$160.7M

YoY+4.1%

QoQ+58.7%

5Y CAGR+6.1%

10Y CAGR+7.0%

Lamar Advertising Co reported $160.7M in net income in Q2 2026. This represents an increase of 4.1% from the same quarter a year earlier. Against the prior quarter it is up 58.7%.

EPS (Diluted)

$1.58

YoY+3.9%

QoQ+58.0%

5Y CAGR+6.0%

10Y CAGR+6.5%

Lamar Advertising Co earned $1.58 per diluted share (EPS) in Q2 2026. This represents an increase of 3.9% from the same quarter a year earlier. Against the prior quarter it is up 58.0%.

Cash & Balance Sheet

Free Cash Flow

$209.7M

YoY+9.6%

QoQ+83.5%

5Y CAGR+3.5%

10Y CAGR+5.0%

Lamar Advertising Co generated $209.7M in free cash flow in Q2 2026, representing cash available after capex. This represents an increase of 9.6% from the same quarter a year earlier. Against the prior quarter it is up 83.5%.

Cash & Debt

$68.0M

YoY+21.9%

QoQ+73.0%

5Y CAGR-0.2%

10Y CAGR+5.0%

Lamar Advertising Co held $68.0M in cash against $3.3B in long-term debt as of Q2 2026.

Dividends Per Share

$1.60

YoY+3.2%

QoQ0.0%

5Y CAGR+16.4%

10Y CAGR+7.9%

Lamar Advertising Co paid $1.60 per share in dividends in Q2 2026. This represents an increase of 3.2% from the same quarter a year earlier. It is unchanged from the prior quarter.

Shares Outstanding

Diluted avg 102M

Lamar Advertising Co had a weighted average of 102M diluted shares in Q2 2026; the shares outstanding count is not reported for that period.

Margins & Returns

Gross Margin

68.5%

YoY+0.8pp

QoQ+3.2pp

5Y change+0.1pp

Lamar Advertising Co's gross margin was 68.5% in Q2 2026, indicating the percentage of revenue retained after direct costs. This is up 0.8 percentage points from the same quarter a year earlier. Against the prior quarter it is up 3.2 percentage points.

Operating Margin

33.7%

YoY-0.4pp

QoQ+6.1pp

5Y change+0.2pp

Lamar Advertising Co's operating margin was 33.7% in Q2 2026, reflecting core business profitability. This is down 0.4 percentage points from the same quarter a year earlier. Against the prior quarter it is up 6.1 percentage points.

Net Margin

26.1%

YoY-0.6pp

QoQ+6.9pp

5Y change-0.8pp

Lamar Advertising Co's net profit margin was 26.1% in Q2 2026, showing the share of revenue converted to profit. This is down 0.6 percentage points from the same quarter a year earlier. Against the prior quarter it is up 6.9 percentage points.

Return on Equity

16.2%

YoY-0.9pp

QoQ+5.8pp

5Y change+6.4pp

10Y change+8.3pp

Lamar Advertising Co's ROE was 16.2% in Q2 2026, measuring profit generated per dollar of shareholder equity. This is down 0.9 percentage points from the same quarter a year earlier. Against the prior quarter it is up 5.8 percentage points.

Capital Allocation

Share Buybacks

YoY-100.0%

QoQ-100.0%

Lamar Advertising Co repurchased no shares in Q2 2026. This represents a decrease of 100.0% from the same quarter a year earlier. Against the prior quarter it is down 100.0%.

Capital Expenditures

$42.7M

YoY+11.8%

QoQ+28.9%

5Y CAGR+11.2%

10Y CAGR+3.3%

Lamar Advertising Co invested $42.7M in capex in Q2 2026, funding long-term assets and infrastructure. This represents an increase of 11.8% from the same quarter a year earlier. Against the prior quarter it is up 28.9%.

R&D Spending

Not reported for Q2 2026.

LAMR Income Statement

Figures in USD, abbreviated K (thousand), M (million), B (billion), T (trillion). Negative values carry a minus sign and red type. Each change compares the year with the year before it, and each quarter with the same quarter a year earlier.

LAMR quarterly income statement

Metric	TTM	FY2510-K	FY2410-K	FY2310-K	FY2210-K	FY2110-K	FY2010-K	FY1910-K	FY1810-K	FY1710-K	FY1610-K	FY1510-K	FY1410-K	FY1310-K	FY1210-K	FY1110-K
Revenue	$2.3B	$2.3B+2.7%	$2.2B+4.6%	$2.1B+3.9%	$2.0B+13.7%	$1.8B+13.9%	$1.6B-10.5%	$1.8B+7.8%	$1.6B+5.6%	$1.5B+2.7%	$1.5B	N/A	N/A	N/A	N/A	N/A
Cost of Revenue	$757.6M	$746.9M+2.6%	$727.9M+4.5%	$696.8M+4.4%	$667.3M+15.7%	$576.5M+3.4%	$557.7M-5.5%	$590.1M+5.0%	$561.8M+3.9%	$540.9M+2.9%	$525.6M	N/A	N/A	N/A	N/A	N/A
Gross Profit	$1.6B	$1.5B+2.7%	$1.5B+4.6%	$1.4B+3.6%	$1.4B+12.7%	$1.2B+19.7%	$1.0B-13.1%	$1.2B+9.2%	$1.1B+6.5%	$1.0B+2.6%	$974.7M	N/A	N/A	N/A	N/A	N/A
SG&A Expenses	$378.2M	$368.7M+2.1%	$361.1M+4.7%	$344.8M-1.7%	$350.6M+7.2%	$327.0M+13.6%	$287.9M-9.6%	$318.4M+10.0%	$289.4M+4.8%	$276.2M+2.5%	$269.4M+11.2%	$242.2M+4.9%	$230.8M-0.3%	$231.6M+9.6%	$211.3M+4.4%	$202.4M
Operating Income	$739.2M	$774.1M+45.5%	$532.0M-21.2%	$675.4M+16.9%	$578.0M+10.9%	$521.2M+27.1%	$410.1M-20.8%	$517.7M+12.4%	$460.6M+1.1%	$455.4M+3.7%	$439.0M+14.6%	$383.0M+37.4%	$278.7M+24.7%	$223.4M+4.2%	$214.5M+16.8%	$183.6M
EBITDA	N/A	$1.1B+10.6%	$995.0M+2.7%	$968.9M+4.5%	$927.5M+17.0%	$792.5M+19.8%	$661.4M-13.9%	$767.8M+11.9%	$685.8M+2.9%	$666.5M+3.5%	$644.0M+12.1%	$574.5M+7.0%	$537.1M+2.5%	$524.0M+2.6%	$510.6M+5.7%	$483.2M
Interest Expense	$163.1M	$160.4M-6.6%	$171.7M-1.6%	$174.5M+36.9%	$127.5M+19.9%	$106.4M-22.7%	$137.6M-8.6%	$150.6M+16.1%	$129.7M+1.0%	$128.4M+3.8%	$123.7M+25.7%	$98.4M-6.5%	$105.3M-28.0%	$146.3M-6.9%	$157.1M-8.2%	$171.1M
Income Tax	$11.2M	$21.3M+370.7%	$4.5M-53.7%	$9.8M-43.9%	$17.5M+88.5%	$9.3M+98.6%	$4.7M+210.4%	-$4.2M-139.5%	$10.7M+15.9%	$9.2M-30.9%	$13.4M-39.5%	$22.1M+120.0%	-$110.1M-582.0%	$22.8M+177.1%	$8.2M+48.7%	$5.5M
Net Income	$556.1M	$587.2M+62.3%	$361.9M-27.0%	$495.8M+13.0%	$438.6M+13.0%	$388.1M+59.5%	$243.4M-34.6%	$372.1M+21.9%	$305.2M-3.9%	$317.7M+6.3%	$298.8M+13.8%	$262.6M+3.6%	$253.5M+531.6%	$40.1M+408.7%	$7.9M+15.0%	$6.9M
EPS (Basic)	N/A	$5.78+63.3%	$3.54-27.2%	$4.86+12.5%	$4.32+12.8%	$3.83+58.9%	$2.41-35.0%	$3.71+20.1%	$3.09-4.6%	$3.24+5.5%	$3.07+12.9%	$2.72+2.3%	$2.66+533.3%	$0.42+425.0%	$0.08+14.3%	$0.07
EPS (Diluted)	$5.48	$5.77+63.9%	$3.52-27.4%	$4.85+12.5%	$4.31+12.5%	$3.83+58.9%	$2.41-35.0%	$3.71+20.5%	$3.08-4.6%	$3.23+5.9%	$3.05+12.1%	$2.72+2.3%	$2.66+533.3%	$0.42+425.0%	$0.08+14.3%	$0.07
Diluted Shares (Avg)	N/A	102M-0.9%	103M+0.4%	102M+0.5%	102M+0.3%	101M+0.4%	101M+0.6%	100M+1.2%	99M+0.7%	98M+0.7%	98M+1.4%	96M+1.1%	95M+0.6%	95M+1.2%	94M-99.9%	93.17B

Metric	Q2'2610-Q	Q1'2610-Q	Q4'2510-Q	Q3'2510-Q	Q2'2510-Q	Q1'2510-Q	Q4'2410-K	Q3'2410-Q
Revenue	$616.7M+6.5%	$528.0M+4.5%	$595.9M+2.8%	$585.5M+3.8%	$579.3M+2.5%	$505.4M+1.5%	$579.6M+4.3%	$564.1M+4.0%
Cost of Revenue	$194.2M+4.0%	$183.3M+1.8%	$192.4M+3.2%	$187.7M+2.8%	$186.8M+1.9%	$180.0M+2.5%	$186.4M+2.7%	$182.6M+4.2%
Gross Profit	$422.5M+7.6%	$344.7M+5.9%	$403.6M+2.6%	$397.8M+4.3%	$392.5M+2.8%	$325.4M+0.9%	$393.2M+5.0%	$381.6M+3.8%
SG&A Expenses	$96.2M+7.7%	$97.6M+2.7%	$91.4M-1.3%	$93.0M+2.2%	$89.3M+1.1%	$95.0M+6.5%	$92.6M+5.5%	$91.0M+12.0%
Operating Income	$208.0M+5.2%	$146.1M-23.6%	$196.1M+434.9%	$189.1M+1.4%	$197.7M+7.3%	$191.2M+53.5%	$36.7M-80.9%	$186.6M-0.8%
EBITDA	$292.4M+6.0%	$228.0M-15.3%	$280.2M+3.0%	$275.4M+5.2%	$275.8M+5.5%	$269.1M+34.6%	$272.1M+3.8%	$261.7M-0.4%
Interest Expense	$41.1M+1.0%	$40.5M+5.8%	$40.2M+0.7%	$41.2M-4.1%	$40.7M-8.2%	$38.3M-13.8%	$39.9M-9.9%	$42.9M-4.7%
Income Tax	$2.7M+14.9%	$4.0M-72.2%	$1.8M+40.0%	$2.6M+319.5%	$2.4M-16.9%	$14.5M+855.6%	$1.3M+35.9%	-$1.2M-130.4%
Net Income	$160.7M+4.1%	$101.3M-27.0%	$152.3M+12801.3%	$141.8M-3.9%	$154.4M+12.4%	$138.8M+77.4%	-$1.2M-100.8%	$147.5M+5.3%
EPS (Basic)	$1.58+3.9%	$1.00-25.9%	$1.50+15100.0%	$1.40-2.8%	$1.52+13.4%	$1.35+75.3%	-$0.01-100.7%	$1.44+5.1%
EPS (Diluted)	$1.58+3.9%	$1.00-25.9%	$1.50	$1.40-2.8%	$1.52+13.4%	$1.35+77.6%	-$0.02	$1.44+5.1%
Diluted Shares (Avg)	102M-0.1%	101M-1.3%	N/A	101M-1.3%	102M-0.9%	103M+0.3%	N/A	103M+0.5%

Not reported in any period shown, so not listed: R&D Expenses.

LAMR Balance Sheet

LAMR quarterly balance sheet

Metric	FY2510-K	FY2410-K	FY2310-K	FY2210-K	FY2110-K	FY2010-K	FY1910-K	FY1810-K	FY1710-K	FY1610-K	FY1510-K	FY1410-K	FY1310-K	FY1210-K	FY1110-K
Total Assets	$6.9B+5.2%	$6.6B+0.3%	$6.6B+1.4%	$6.5B+7.1%	$6.0B+4.4%	$5.8B-2.5%	$5.9B+30.7%	$4.5B+7.8%	$4.2B+8.1%	$3.9B+15.9%	$3.4B+1.4%	$3.3B-2.4%	$3.4B-3.2%	$3.5B+2.5%	$3.4B
Current Assets	$459.7M+8.1%	$425.3M+14.0%	$373.2M+2.4%	$364.6M-6.2%	$388.6M+2.1%	$380.6M+22.7%	$310.2M-14.7%	$363.7M-13.5%	$420.5M+33.8%	$314.3M+11.5%	$281.7M+3.1%	$273.1M-3.2%	$282.1M-6.4%	$301.2M+17.4%	$256.6M
Cash & Equivalents	$64.8M+31.0%	$49.5M+10.9%	$44.6M-15.2%	$52.6M-47.3%	$99.8M-17.9%	$121.6M+364.2%	$26.2M+21.8%	$21.5M-81.4%	$115.5M+225.0%	$35.5M+59.1%	$22.3M-14.2%	$26.0M-21.6%	$33.2M-43.6%	$58.9M+75.8%	$33.5M
Short-Term Investments	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0
Accounts Receivable	$341.2M+1.9%	$334.8M+11.2%	$301.2M+5.7%	$285.0M+5.6%	$269.9M+12.1%	$240.9M-5.5%	$254.9M+8.2%	$235.6M+16.8%	$201.7M+6.2%	$189.9M+8.9%	$174.4M+2.8%	$169.6M+4.9%	$161.7M+1.2%	$159.8M+8.4%	$147.4M
Long-Term Investments	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0
Goodwill	$2.1B+3.7%	$2.0B0.0%	$2.0B0.0%	$2.0B+5.1%	$1.9B+1.3%	$1.9B0.0%	$1.9B-0.4%	$1.9B+10.3%	$1.7B+0.8%	$1.7B+11.6%	$1.5B+2.2%	$1.5B+0.6%	$1.5B+1.2%	$1.5B+4.1%	$1.4B
Total Liabilities	$5.9B+6.7%	$5.5B+3.6%	$5.3B+1.3%	$5.3B+9.3%	$4.8B+5.3%	$4.6B-3.6%	$4.8B+39.5%	$3.4B+9.7%	$3.1B+9.9%	$2.8B+20.8%	$2.3B+0.2%	$2.3B-5.3%	$2.5B-6.9%	$2.7B+2.5%	$2.6B
Current Liabilities	$794.0M+2.0%	$778.5M+9.0%	$713.9M-1.7%	$726.0M+9.5%	$663.0M+21.0%	$547.9M-18.6%	$672.8M+47.9%	$455.0M+39.6%	$326.0M+17.5%	$277.3M+17.1%	$236.8M+5.1%	$225.3M-8.2%	$245.4M+12.0%	$219.1M+35.8%	$161.3M
Non-Current Liabilities	$5.1B+7.4%	$4.8B+2.7%	$4.6B+1.7%	$4.6B+9.3%	$4.2B+3.1%	$4.0B-1.2%	$4.1B+38.2%	$3.0B+6.2%	$2.8B+9.1%	$2.6B+21.2%	$2.1B-0.3%	$2.1B-5.0%	$2.2B-8.6%	$2.4B+0.3%	$2.4B
Long-Term Debt	$3.2B+7.0%	$3.0B-4.2%	$3.1B+0.9%	$3.1B+7.9%	$2.8B+2.7%	$2.8B+0.4%	$2.8B+2.6%	$2.7B+5.7%	$2.5B+9.7%	$2.3B+23.5%	$1.9B-0.5%	$1.9B+0.1%	$1.9B-11.5%	$2.1B-0.6%	$2.1B
Total Equity	$1.0B-2.2%	$1.0B-13.9%	$1.2B+1.8%	$1.2B-1.8%	$1.2B+1.2%	$1.2B+1.9%	$1.2B+4.3%	$1.1B+2.6%	$1.1B+3.2%	$1.1B+4.7%	$1.0B+4.0%	$981.5M+5.2%	$932.9M+8.3%	$861.6M+4.1%	$827.7M
Retained Earnings	-$1.1B-6.7%	-$1.0B-26.5%	-$819.2M-1.8%	-$804.4M-9.5%	-$734.4M-2.4%	-$717.3M-1.3%	-$708.4M-1.9%	-$695.3M-8.8%	-$639.1M-1.3%	-$631.0M+0.8%	-$635.8M-0.5%	-$632.9M+2.3%	-$647.6M+5.8%	-$687.4M-0.5%	-$683.6M

Metric	Q2'2610-Q	Q1'2610-Q	Q4'2510-Q	Q3'2510-Q	Q2'2510-Q	Q1'2510-Q	Q4'2410-K	Q3'2410-Q
Total Assets	$7.0B+4.8%	$6.9B+5.6%	$6.9B+5.2%	$6.8B+4.7%	$6.7B+1.4%	$6.5B+0.3%	$6.6B+0.3%	$6.5B-0.8%
Current Assets	$493.7M+7.9%	$426.4M+5.2%	$459.7M+8.1%	$407.6M-1.1%	$457.5M+3.8%	$405.3M+7.8%	$425.3M+14.0%	$412.3M+9.0%
Cash & Equivalents	$68.0M+21.9%	$39.3M+8.7%	$64.8M+31.0%	$22.0M-25.4%	$55.7M-28.5%	$36.1M-0.8%	$49.5M+10.9%	$29.5M-25.1%
Short-Term Investments	$0	$0	$0	$0	$0	$0	$0	$0
Accounts Receivable	$377.5M+9.2%	$323.6M+5.0%	$341.2M+1.9%	$340.8M-3.0%	$345.9M+8.6%	$308.1M+3.2%	$334.8M+11.2%	$351.2M+13.2%
Long-Term Investments	$0	$0	$0	$0	$0	$0	$0	$0
Goodwill	$2.1B+3.7%	$2.1B+3.7%	$2.1B+3.7%	$2.1B+3.7%	$2.0B0.0%	$2.0B0.0%	$2.0B0.0%	$2.0B0.0%
Total Liabilities	$6.0B+4.0%	$5.9B+7.5%	$5.9B+6.7%	$5.8B+8.9%	$5.8B+7.1%	$5.5B+3.3%	$5.5B+3.6%	$5.3B-1.5%
Current Liabilities	$787.1M+0.6%	$735.0M+2.5%	$794.0M+2.0%	$695.1M-5.9%	$782.7M-26.5%	$717.3M-27.7%	$778.5M+9.0%	$738.7M+7.0%
Non-Current Liabilities	$5.2B+4.5%	$5.2B+8.3%	$5.1B+7.4%	$5.1B+11.3%	$5.0B+15.4%	$4.8B+10.3%	$4.8B+2.7%	$4.6B-2.7%
Long-Term Debt	$3.3B+4.8%	$3.3B+9.7%	$3.2B+7.0%	$3.2B+5.8%	$3.1B+13.3%	$3.0B+5.3%	$3.0B-4.2%	$3.0B-5.0%
Total Equity	$995.5M+9.8%	$981.7M-4.8%	$1.0B-2.2%	$1.0B-13.8%	$906.9M-24.3%	$1.0B-12.8%	$1.0B-13.9%	$1.2B+2.2%
Retained Earnings	-$1.2B-10.3%	-$1.2B-10.4%	-$1.1B-6.7%	-$1.1B-24.2%	-$1.1B-21.8%	-$1.1B-20.9%	-$1.0B-26.5%	-$866.1M-3.0%

Not reported in any period shown, so not listed: Inventory.

LAMR Cash Flow Statement

LAMR quarterly cash flow statement

Metric	TTM	FY2510-K	FY2410-K	FY2310-K	FY2210-K	FY2110-K	FY2010-K	FY1910-K	FY1810-K	FY1710-K	FY1610-K	FY1510-K	FY1410-K	FY1310-K	FY1210-K	FY1110-K
Operating Cash Flow	$906.6M	$864.0M-1.1%	$873.6M+11.5%	$783.6M+0.3%	$781.6M+6.4%	$734.4M+28.9%	$569.9M-9.7%	$630.9M+11.7%	$564.8M+11.4%	$507.0M-2.8%	$521.8M+9.2%	$477.6M+5.6%	$452.5M+14.6%	$394.7M+5.0%	$375.9M+17.9%	$318.8M
Depreciation & Amortization	N/A	$326.3M-29.5%	$463.0M+57.8%	$293.4M-16.0%	$349.4M+28.8%	$271.3M+8.0%	$251.3M+0.5%	$250.0M+11.0%	$225.3M+6.7%	$211.1M+3.0%	$205.0M+7.1%	$191.4M-25.9%	$258.4M-14.0%	$300.6M+1.5%	$296.1M-1.2%	$299.6M
Stock-Based Compensation	N/A	$34.0M-23.7%	$44.5M+96.6%	$22.6M-2.1%	$23.1M-38.1%	$37.4M+99.1%	$18.8M-36.7%	$29.6M+0.7%	$29.4M+206.7%	$9.6M-66.4%	$28.6M+10.3%	$25.9M+7.3%	$24.1M-3.3%	$24.9M+72.4%	$14.5M+24.2%	$11.7M
Capital Expenditures	$188.6M	$180.8M+44.3%	$125.3M-29.7%	$178.3M+6.7%	$167.1M+32.5%	$126.1M+102.5%	$62.3M-55.8%	$141.0M+19.8%	$117.6M+7.6%	$109.3M+1.6%	$107.6M-2.5%	$110.4M+2.7%	$107.6M+1.8%	$105.7M+0.1%	$105.6M-1.4%	$107.1M
Free Cash Flow	$718.1M	$683.2M-8.7%	$748.3M+23.6%	$605.3M-1.5%	$614.5M+1.0%	$608.3M+19.8%	$507.6M+3.6%	$489.9M+9.5%	$447.2M+12.5%	$397.7M-4.0%	$414.2M+12.8%	$367.2M+6.5%	$345.0M+19.3%	$289.1M+6.9%	$270.3M+27.7%	$211.8M
Investing Cash Flow	-$373.4M	-$244.6M-48.3%	-$164.9M+46.8%	-$310.1M+49.9%	-$619.1M-34.1%	-$461.8M-376.6%	-$96.9M+73.2%	-$362.0M+38.0%	-$584.1M-46.0%	-$400.1M+41.3%	-$681.0M	N/A	N/A	-$191.9M+36.8%	-$303.4M-158.8%	-$117.3M
Financing Cash Flow	-$520.8M	-$604.3M+14.1%	-$703.4M-46.0%	-$481.6M-130.1%	-$209.3M+28.9%	-$294.5M+22.1%	-$377.9M-43.0%	-$264.4M-259.4%	-$73.6M-156.8%	-$28.6M-116.7%	$171.9M	N/A	N/A	-$227.2M-379.1%	-$47.4M+81.7%	-$259.4M
Share Buybacks	$6.1M	$157.9M+2856.8%	$5.3M-10.8%	$6.0M-43.0%	$10.5M+73.2%	$6.1M-42.2%	$10.5M+18.1%	$8.9M+116.0%	$4.1M-54.3%	$9.0M+45.0%	$6.2M+1.7%	$6.1M+104.2%	$3.0M-28.9%	$4.2M+277.4%	$1.1M-68.0%	$3.5M

Metric	Q2'2610-Q	Q1'2610-Q	Q4'2510-Q	Q3'2510-Q	Q2'2510-Q	Q1'2510-Q	Q4'2410-K	Q3'2410-Q
Operating Cash Flow	$252.4M+10.0%	$147.4M+15.4%	$271.2M-2.9%	$235.7M+3.6%	$229.5M-10.5%	$127.7M+15.5%	$279.3M+9.9%	$227.4M+2.2%
Depreciation & Amortization	$84.4M+8.1%	$81.9M+5.3%	$84.1M-64.3%	$86.3M+14.9%	$78.1M+1.2%	$77.8M+3.4%	$235.4M+233.9%	$75.1M+0.6%
Stock-Based Compensation	N/A	$11.2M+5.9%	N/A	N/A	N/A	$10.6M-26.9%	N/A	N/A
Capital Expenditures	$42.7M+11.8%	$33.1M+10.9%	$62.9M+46.1%	$49.9M+65.4%	$38.2M+68.7%	$29.9M+1.4%	$43.0M-6.7%	$30.1M-23.0%
Free Cash Flow	$209.7M+9.6%	$114.3M+16.8%	$208.3M-11.8%	$185.8M-5.8%	$191.3M-18.1%	$97.9M+20.7%	$236.3M+13.6%	$197.3M+7.6%
Investing Cash Flow	-$83.1M+16.2%	-$79.4M-221.3%	-$116.6M-105.0%	-$94.3M-200.4%	-$99.2M-213.5%	$65.4M+245.3%	-$56.9M+11.4%	-$31.4M+72.9%
Financing Cash Flow	-$140.6M-26.7%	-$93.4M+54.8%	-$111.9M+44.7%	-$175.0M+28.4%	-$110.9M+39.4%	-$206.5M-180.5%	-$202.2M-9.4%	-$244.5M-112.7%
Dividends Paid	$162.8M+3.7%	$162.6M+2.2%	N/A	$157.3M+9.6%	$157.1M+18.0%	$159.1M+19.6%	N/A	$143.5M+12.5%
Share Buybacks	$0-100.0%	$6.1M-76.9%	$0-100.0%	$0-100.0%	$131.6M	$26.4M+393.7%	-$1K	$1K-97.7%

LAMR Financial Ratios

Margins and returns are percentages; the remaining ratios are unitless multiples. Each change compares the year with the year before it, and each quarter with the same quarter a year earlier.

LAMR quarterly financial ratios

Metric	FY2510-K	FY2410-K	FY2310-K	FY2210-K	FY2110-K	FY2010-K	FY1910-K	FY1810-K	FY1710-K	FY1610-K	FY1510-K	FY1410-K	FY1310-K	FY1210-K	FY1110-K
Gross Margin	67.0%0.0pp	67.0%0.0pp	67.0%-0.2pp	67.2%-0.6pp	67.8%+3.3pp	64.5%-1.9pp	66.3%+0.9pp	65.5%+0.6pp	64.9%-0.1pp	65.0%	N/A	N/A	N/A	N/A	N/A
Operating Margin	34.2%+10.1pp	24.1%-7.9pp	32.0%+3.6pp	28.4%-0.7pp	29.2%+3.0pp	26.1%-3.4pp	29.5%+1.2pp	28.3%-1.3pp	29.5%+0.3pp	29.3%	N/A	N/A	N/A	N/A	N/A
Net Margin	25.9%+9.5pp	16.4%-7.1pp	23.5%+1.9pp	21.6%-0.1pp	21.7%+6.2pp	15.5%-5.7pp	21.2%+2.5pp	18.8%-1.9pp	20.6%+0.7pp	19.9%	N/A	N/A	N/A	N/A	N/A
Return on Equity	57.3%+22.8pp	34.5%-6.2pp	40.7%+4.0pp	36.7%+4.8pp	31.9%+11.7pp	20.2%-11.3pp	31.5%+4.6pp	27.0%-1.8pp	28.8%+0.9pp	27.9%+2.2pp	25.7%-0.1pp	25.8%+21.5pp	4.3%+3.4pp	0.9%+0.1pp	0.8%
Return on Assets	8.5%+3.0pp	5.5%-2.1pp	7.5%+0.8pp	6.8%+0.4pp	6.4%+2.2pp	4.2%-2.1pp	6.3%-0.5pp	6.7%-0.8pp	7.5%-0.1pp	7.7%-0.2pp	7.8%+0.2pp	7.6%+6.5pp	1.2%+1.0pp	0.2%0.0pp	0.2%
Current Ratio	0.580.0x	0.550.0x	0.520.0x	0.50-0.1x	0.59-0.1x	0.69+0.2x	0.46-0.3x	0.80-0.5x	1.29+0.2x	1.13-0.1x	1.190.0x	1.21+0.1x	1.15-0.2x	1.37-0.2x	1.59
Debt-to-Equity	3.09+0.3x	2.83+0.3x	2.540.0x	2.56+0.2x	2.330.0x	2.300.0x	2.330.0x	2.37+0.1x	2.30+0.1x	2.16+0.3x	1.84-0.1x	1.92-0.1x	2.02-0.5x	2.47-0.1x	2.59
Asset Turnover	0.330.0x	0.340.0x	0.320.0x	0.310.0x	0.300.0x	0.270.0x	0.30-0.1x	0.360.0x	0.370.0x	0.38	N/A	N/A	N/A	N/A	N/A
FCF Margin	30.1%-3.8pp	33.9%+5.2pp	28.7%-1.6pp	30.2%-3.8pp	34.0%+1.7pp	32.4%+4.4pp	27.9%+0.5pp	27.5%+1.7pp	25.8%-1.8pp	27.6%	N/A	N/A	N/A	N/A	N/A

Metric	Q2'2610-Q	Q1'2610-Q	Q4'2510-Q	Q3'2510-Q	Q2'2510-Q	Q1'2510-Q	Q4'2410-K	Q3'2410-Q
Gross Margin	68.5%+0.8pp	65.3%+0.9pp	67.7%-0.1pp	67.9%+0.3pp	67.8%+0.2pp	64.4%-0.3pp	67.8%+0.5pp	67.6%-0.1pp
Operating Margin	33.7%-0.4pp	27.7%-10.2pp	32.9%+26.6pp	32.3%-0.8pp	34.1%+1.5pp	37.8%+12.8pp	6.3%-28.2pp	33.1%-1.6pp
Net Margin	26.1%-0.6pp	19.2%-8.3pp	25.6%+25.8pp	24.2%-1.9pp	26.6%+2.3pp	27.5%+11.8pp	-0.2%-27.0pp	26.1%+0.3pp
Return on Equity	16.2%-0.9pp	10.3%-3.1pp	14.9%+15.0pp	13.6%+1.4pp	17.0%+5.6pp	13.5%+6.8pp	-0.1%-12.4pp	12.2%+0.4pp
Return on Assets	2.3%0.0pp	1.5%-0.7pp	2.2%+2.2pp	2.1%-0.2pp	2.3%+0.2pp	2.1%+0.9pp	0.0%-2.3pp	2.3%+0.1pp
Current Ratio	0.630.0x	0.580.0x	0.580.0x	0.590.0x	0.58+0.2x	0.57+0.2x	0.550.0x	0.560.0x
Debt-to-Equity	3.28-0.2x	3.31+0.4x	3.09+0.3x	3.03+0.6x	3.43+1.1x	2.87+0.5x	2.83+0.3x	2.47-0.2x
Asset Turnover	0.090.0x	0.080.0x	0.090.0x	0.090.0x	0.090.0x	0.080.0x	0.090.0x	0.090.0x
FCF Margin	34.0%+1.0pp	21.6%+2.3pp	34.9%-5.8pp	31.7%-3.2pp	33.0%-8.3pp	19.4%+3.1pp	40.8%+3.3pp	35.0%+1.2pp

Note: The current ratio is below 1.0 (0.58), indicating current liabilities exceed current assets, which may suggest potential short-term liquidity concerns.

Similar Companies

Newest fiscal year on record for each company. The health score is the peer-relative Financial Health Score for that year; a dash means no score is published for it.

Company	Fiscal year	Revenue	Net income	Net margin	Market cap	Health score
Lamar Advertising Co LAMR	FY2025	$2.3B	$587.2M	25.9%	$14.9B	60/100
Gaming and Leisure Properties, Inc. GLPI	FY2025	$1.6B	$825	0.0%	$11.2B	45/100
SBA Communications Corp SBAC	FY2025	$2.8B	$1.1B	37.4%	$19.5B	52/100
Weyerhaeuser Company WY	FY2025	$6.9B	$324.0M	4.7%	$13.7B	44/100
Iron Mountain Inc. IRM	FY2025	$6.9B	$152.3M	2.2%	$34.3B	39/100
Digital Realty Trust, Inc. DLR	FY2025	$6.1B	$1.3B	21.5%	$66.8B	58/100

Where Lamar Advertising Co Ranks

Frequently Asked Questions

What is Lamar Advertising Co's annual revenue?

Lamar Advertising Co (LAMR) reported $2.3B in total revenue for fiscal year 2025. This represents a 2.7% change compared to the previous fiscal year. Revenue measures the total income earned from the company's primary business operations before any expenses are deducted.

How fast is Lamar Advertising Co's revenue growing?

Lamar Advertising Co (LAMR) revenue grew by 2.7% year-over-year, from $2.2B to $2.3B in fiscal year 2025.

Is Lamar Advertising Co profitable?

Yes, Lamar Advertising Co (LAMR) reported a net income of $587.2M in fiscal year 2025, with a net profit margin of 25.9%.

What is Lamar Advertising Co's EBITDA?

Lamar Advertising Co (LAMR) had EBITDA of $1.1B in fiscal year 2025, measuring earnings before interest, taxes, depreciation, and amortization.

How much debt does Lamar Advertising Co have?

As of fiscal year 2025, Lamar Advertising Co (LAMR) had $64.8M in cash and equivalents against $3.2B in long-term debt.

What is Lamar Advertising Co's gross margin?

Lamar Advertising Co (LAMR) had a gross margin of 67.0% in fiscal year 2025, indicating the percentage of revenue retained after direct costs of goods sold.

What is Lamar Advertising Co's operating margin?

Lamar Advertising Co (LAMR) had an operating margin of 34.2% in fiscal year 2025, reflecting the profitability of core business operations before interest and taxes.

What is Lamar Advertising Co's net profit margin?

Lamar Advertising Co (LAMR) had a net profit margin of 25.9% in fiscal year 2025, representing the share of revenue converted into profit after all expenses.

Does Lamar Advertising Co pay dividends?

Yes, Lamar Advertising Co (LAMR) paid $6.45 per share in dividends during fiscal year 2025.

What is Lamar Advertising Co's return on equity (ROE)?

Lamar Advertising Co (LAMR) has a return on equity of 57.3% for fiscal year 2025, measuring how efficiently the company generates profit from shareholder equity.

What is Lamar Advertising Co's free cash flow?

Lamar Advertising Co (LAMR) generated $683.2M in free cash flow during fiscal year 2025. This represents a -8.7% change compared to the previous fiscal year. Free cash flow represents the cash a company generates after accounting for capital expenditures, and is widely used to assess financial flexibility and shareholder value.

What is Lamar Advertising Co's operating cash flow?

Lamar Advertising Co (LAMR) generated $864.0M in operating cash flow during fiscal year 2025, representing cash generated from core business activities.

What are Lamar Advertising Co's total assets?

Lamar Advertising Co (LAMR) had $6.9B in total assets as of fiscal year 2025, including both current and long-term assets.

What are Lamar Advertising Co's capital expenditures?

Lamar Advertising Co (LAMR) invested $180.8M in capital expenditures during fiscal year 2025, funding long-term assets and infrastructure.

Does Lamar Advertising Co buy back shares?

Yes, Lamar Advertising Co (LAMR) spent $157.9M on share buybacks during fiscal year 2025, returning capital to shareholders by reducing shares outstanding.

What is Lamar Advertising Co's current ratio?

Lamar Advertising Co (LAMR) had a current ratio of 0.58 as of fiscal year 2025, which is below 1.0, which may suggest potential liquidity concerns.

What is Lamar Advertising Co's debt-to-equity ratio?

Lamar Advertising Co (LAMR) had a debt-to-equity ratio of 3.09 as of fiscal year 2025, measuring the company's financial leverage by comparing total debt to shareholder equity.

What is Lamar Advertising Co's return on assets (ROA)?

Lamar Advertising Co (LAMR) had a return on assets of 8.5% for fiscal year 2025, measuring how efficiently the company uses its assets to generate profit.

What is Lamar Advertising Co's P/E ratio?

Lamar Advertising Co (LAMR) trades at 26.8x earnings, its market capitalization divided by net income of $556.1M net income, trailing 12 months to June 30, 2026. The market capitalization is $14.9B as of Oct 13, 2026; a multiple compares that price with a filed figure and says nothing about the quality of the business.

What is Lamar Advertising Co's price-to-sales ratio?

Lamar Advertising Co (LAMR) trades at 6.4x sales, its market capitalization divided by revenue of $2.3B revenue, trailing 12 months to June 30, 2026. The market capitalization is $14.9B as of Oct 13, 2026; a multiple compares that price with a filed figure and says nothing about the quality of the business.

What is Lamar Advertising Co's Altman Z-Score?

Lamar Advertising Co (LAMR) has an Altman Z-Score of 1.93, placing it in the Grey Zone (moderate risk). The Z-Score combines five financial ratios (working capital, retained earnings, EBIT, market capitalization, and revenue relative to total assets) to predict the likelihood of bankruptcy. Scores above 2.99 indicate financial safety while scores below 1.81 suggest financial distress. Learn more in our complete guide to financial health indicators.

What is Lamar Advertising Co's Piotroski F-Score?

Lamar Advertising Co (LAMR) has a Piotroski F-Score of 6 out of 8 computable signals; 1 of the nine could not be computed from available data, so the full-scale strength rating is not shown. The F-Score evaluates nine binary signals across profitability (positive ROA, positive cash flow, improving ROA, earnings quality), leverage (decreasing debt, improving liquidity, no share dilution), and operating efficiency (improving gross margin, improving asset turnover). Scores of 7 to 9 indicate strong and improving fundamentals. Learn more in our complete guide to financial health indicators.

Are Lamar Advertising Co's earnings high quality?

Lamar Advertising Co (LAMR) has an earnings quality ratio of 1.47x, considered cash-backed (high quality). This ratio compares operating cash flow to net income. A ratio above 1.0x means the company generates more cash than its reported earnings, indicating sustainable, cash-backed profits. Ratios below 1.0x suggest earnings rely on accounting accruals rather than actual cash generation. Learn more in our complete guide to financial health indicators.

Can Lamar Advertising Co cover its interest payments?

Lamar Advertising Co (LAMR) has an interest coverage ratio of 4.82x, meaning it can adequately cover its interest obligations. This ratio divides operating income by interest expense. Ratios above 5x indicate strong debt-servicing ability, while ratios below 2x suggest the company may face difficulty meeting interest payments if earnings decline. Learn more in our complete guide to financial health indicators.

How financially healthy is Lamar Advertising Co?

Lamar Advertising Co (LAMR) scores 60 out of 100 on our Financial Health Score, indicating moderate standing within its REITs peer group. The score is a 0-100 composite of six dimensions (FFO Margin, FFO Growth, Leverage, Interest Cov., AFFO Margin, Dividend Cov.), each ranked as a percentile relative to companies in the same scoring family (banks against banks, REITs against REITs, and so on) rather than across all industries. It rates the quality of the business, not whether the stock is fairly priced, and is not financial advice. Learn more in our complete guide to financial health indicators.