Lamar Advertising Company(LAMR)Earnings, Financials & Key Ratios

LAMR•NASDAQ•REIT / Real Estate

$160.08

27.7× P/E·Price updated Jul 7, 2026

SectorReal Estate IndustrySpecialty REITs Sub-IndustryAdvertising and Media Real Estate

AboutFounded in 1902, Lamar Advertising (Nasdaq: LAMR) is one of the largest outdoor advertising companies in North America, with over 352,000 displays across the United States and Canada. Lamar offers advertisers a variety of billboard, interstate logo, transit and airport advertising formats, helping both local businesses and national brands reach broad audiences every day. In addition to its more traditional out-of-home inventory, Lamar is proud to offer its customers the largest network of digital billboards in the United States with approximately 3,800 displays.Show more

Revenue$2.27B+2.7%
FFO$913M+10.7%
FFO/Share8.99+11.8%
FFO Payout71.84%+2.4%
FFO per Share8.99+11.8%
NOI Margin38.24%-42.9%
FFO Margin40.31%+7.9%
ROE56.65%+77.3%
ROA8.69%+57.8%

LAMR Price & Volume

Lamar Advertising Company (LAMR) stock price & volume — 10-year historical chart

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Structural Margin Compression Challenges Billboard Revenue Growth

Investment Thesis • Updated 2026Q1

VerdictNegative

Growth:Decelerating

Profitability:Strained

Financial:Strained

Cash Flow:Mixed

Primary Risk:High leverage interest sensitivity

Key Thesis Takeaways

Lamar Advertising faces a challenging outlook as revenue growth decelerates to 2.68% and operational margins exhibit significant volatility, highlighted by a 2025Q4 NOI margin of -22.0%.
The company's reliance on debt has intensified, with the debt-to-equity ratio climbing to 6.04, creating heightened sensitivity to interest rate fluctuations.
Investors should monitor the sustainability of dividend distributions, as the payout ratio relative to AFFO has deteriorated to 0.89 as of 2026Q1.

Verdict Logic

the combination of a 15.4% decline in FFO per share in 2026Q1 and a high debt-to-equity ratio of 6.04 suggests elevated risk to shareholder returns.

LAMR Growth Metrics

Lamar Advertising Company (LAMR) revenue, earnings & EPS growth — 3, 5 & 10-year CAGR

Revenue CAGR

10 Years5.29%

5 Years7.63%

3 Years3.7%

TTM3.36%

Profit CAGR

10 Years8.38%

5 Years19.26%

3 Years10.21%

TTM30.13%

EPS CAGR

10 Years7.81%

5 Years19.08%

3 Years10.21%

TTM31.64%

Return on Capital

10 Years10.79%

5 Years10.47%

3 Years10.72%

Last Year11.39%

LAMR Recent Earnings

Lamar Advertising Company (LAMR) EPS & revenue vs analyst estimates — last 4 quarters

Full history →

●Beat EPS 10/12 qtrs (83%)●Beat Revenue 8/12 qtrs (67%)

Q2 2026Latest

May 7, 2026

Metric

Actual

Est

EPS

$1.00+21.4%

$0.82

Rev

$528M+1.0%

$523M

Q1 2026

Feb 20, 2026

Metric

Actual

Est

EPS

$2.24+41.8%

$1.58

Rev

$596M+0.6%

$593M

Q4 2025

Nov 6, 2025

Metric

Actual

Est

EPS

$2.20+2.8%

$2.14

Rev

$586M-1.1%

$592M

Q3 2025

Aug 8, 2025

Metric

Actual

Est

EPS

$2.22+3.3%

$2.15

Rev

$579M-0.8%

$584M

Quarter	Date	EPS (Act vs Est)	Revenue (Act vs Est)
Q2 2026Latest	May 7, 2026	$1.00vs $0.82+21.4%	$528Mvs $523M+1.0%
Q1 2026	Feb 20, 2026	$2.24vs $1.58+41.8%	$596Mvs $593M+0.6%
Q4 2025	Nov 6, 2025	$2.20vs $2.14+2.8%	$586Mvs $592M-1.1%
Q3 2025	Aug 8, 2025	$2.22vs $2.15+3.3%	$579Mvs $584M-0.8%

Based on last 12 quarters of dataView full earnings history →

Latest LAMR News

Recent stock market news and headlines for Lamar Advertising Company (LAMR)

GlobeNewsWire·1 day ago

Lamar Advertising Company to Release Second Quarter Ended June 30, 2026 Operating Results

BATON ROUGE, La., July 06, 2026 (GLOBE NEWSWIRE) -- Lamar Advertising Company (Nasdaq: LAMR) will release its second quarter ended June 30, 2026 earnings report before the market opens on Thursday, August 6, 2026. Lamar will host a conference call on Thursday, August 6, 2026 at 8:00 a.m. (Central time) to discuss the Company's results and answer questions relating to company operations.

Globe News Wire·1 day ago

Lamar Advertising Company to Release Second Quarter Ended June 30, 2026 Operating Results

BATON ROUGE, La. , July 06, 2026 (GLOBE NEWSWIRE) -- Lamar Advertising Company (Nasdaq: LAMR) will release its second quarter ended June 30, 2026 earnings report before the market opens on Thursday, August 6, 2026. Lamar will host a conference call on Thursday, August 6, 2026 at 8:00 a.

Zacks Investment Research·4 days ago

Lamar (LAMR) Upgraded to Buy: Here's What You Should Know

Lamar (LAMR) might move higher on growing optimism about its earnings prospects, which is reflected by its upgrade to a Zacks Rank #2 (Buy).

Zacks Investment Research·Jun 30, 2026

Here's Why Lamar Advertising (LAMR) is a Great Momentum Stock to Buy

Does Lamar Advertising (LAMR) have what it takes to be a top stock pick for momentum investors? Let's find out.

Peers Comparison

Key metrics vs top competitors for Lamar Advertising Company (LAMR)

Full Screener →

Company	Price	Market Cap	P/E Ratio	Rev Growth (1Y)	Net Margin	ROE	Div Yield
LAMRLamar Advertising CompanyCurrent	$160.08	$16.24B	27.74	2.68%	25.91%	56.65%	4.03%
CCOClear Channel Outdoor Holdings, Inc.	$2.41	$1.23B	-11.48	6.57%	-12.5%	—	—
OUTOutfront Media Inc.	$33.21	$5.85B	38.17	0.04%	9.98%	26.82%	—
IPGThe Interpublic Group of Companies, Inc.	$24.57	$8.93B	13.43	-1.81%	5.4%	14.61%	—
OMCOmnicom Group Inc.	$80.84	$23.04B	-299.41	10.09%	0.32%	0.75%	—
WPPWPP plc	$17.81	$3.84B	-13.30	-8.08%	1.16%	9.43%	—

Compare LAMR vs Peers

Lamar Advertising Company (LAMR) vs competitors — business, growth, and fundamentals comparison against the closest industry rivals.

Closest Rival

vs CCO

Most directly comparable listed peer for LAMR.

Scale Benchmark

vs GOOGL

Larger-name benchmark to compare LAMR against a more recognizable public peer.

Peer Set

Compare Top 5

vs CCO, OUT, IPG, OMC

LAMR SEC Filings & Documents

Lamar Advertising Company (LAMR) SEC filings — annual & quarterly reports (10-K, 10-Q)

8-K Announcements

Material company update

May 14, 2026·SEC

Material company update

May 7, 2026·SEC

Material company update

Feb 26, 2026·SEC

10-K Annual Reports

FY 2026

Feb 20, 2026·SEC

FY 2025

Feb 20, 2025·SEC

FY 2024

Feb 23, 2024·SEC

10-Q Quarterly Reports

FY 2026

May 7, 2026·SEC

FY 2025

Nov 6, 2025·SEC

FY 2025

Aug 8, 2025·SEC

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LAMR Frequently Asked Questions

Lamar Advertising Company (LAMR) stock FAQ — growth, dividends, profitability & financials explained

Growth & Financials

What is Lamar Advertising Company's revenue?

Lamar Advertising Company (LAMR) reported $2.29B in revenue for fiscal year 2025. This represents a 8253% increase from $27.4M in 1996.

How fast is Lamar Advertising Company growing?

Lamar Advertising Company (LAMR) grew revenue by 2.7% over the past year. Growth has been modest.

Is LAMR profitable?

Yes, Lamar Advertising Company (LAMR) is profitable, generating $549.7M in net income for fiscal year 2025 (25.9% net margin).

Dividend & Returns

Does LAMR pay dividends?

Yes, Lamar Advertising Company (LAMR) pays a dividend with a yield of 4.03%. This makes it attractive for income-focused investors.

What is LAMR's return on equity?

Lamar Advertising Company (LAMR) has a return on equity (ROE) of 56.7%. This is excellent, indicating efficient use of shareholder capital.

Industry Metrics

What is Lamar Advertising Company's FFO?

Lamar Advertising Company (LAMR) generated Funds From Operations (FFO) of $880.1M in the trailing twelve months. FFO is the primary profitability metric for REITs.

Is LAMR a good dividend stock?

Lamar Advertising Company (LAMR) offers a 4.03% dividend yield, which is attractive for income investors. REITs are required to distribute at least 90% of taxable income to shareholders.

What if you invested $1,000 in LAMR back in 1996?

Total return calculator · dividends reinvested · 30+ years of data

See returns →

Quarter

Date

EPS (Act vs Est)

Revenue (Act vs Est)

Q2 2026Latest

May 7, 2026

$1.00vs $0.82+21.4%

$528Mvs $523M+1.0%

Q1 2026

Feb 20, 2026

$2.24vs $1.58+41.8%

$596Mvs $593M+0.6%

Q4 2025

Nov 6, 2025

$2.20vs $2.14+2.8%

$586Mvs $592M-1.1%

Q3 2025

Aug 8, 2025

$2.22vs $2.15+3.3%

$579Mvs $584M-0.8%

Company

Price

Market Cap

P/E Ratio

Rev Growth (1Y)

Net Margin

ROE

Div Yield

LAMRLamar Advertising CompanyCurrent

$160.08

$16.24B

27.74

2.68%

25.91%

56.65%

4.03%

CCOClear Channel Outdoor Holdings, Inc.

$2.41

$1.23B

-11.48

6.57%

-12.5%

—

OUTOutfront Media Inc.

$33.21

$5.85B

38.17

0.04%

9.98%

26.82%

—

IPGThe Interpublic Group of Companies, Inc.

$24.57

$8.93B

13.43

-1.81%

5.4%

14.61%

—

OMCOmnicom Group Inc.

$80.84

$23.04B

-299.41

10.09%

0.32%

0.75%

—

WPPWPP plc

$17.81

$3.84B

-13.30

-8.08%

1.16%

9.43%

—