LAMR Financials Lamar Advertising Co/New

15 years of revenue, profit, cash flow and balance-sheet history through FY2025, from SEC filings — with a computed, factual read of the trend. Updated Aug 9, 2026, 10:17 UTC Overview →

Growth & profitability

Revenue has grown 7.6% per year over the past 5 years.
Net income has grown faster than revenue (19.3% vs 7.6% per year).
Operating margin has expanded, at 34.2% in the latest year.
Free cash flow has grown 6.1% per year over the past 5 years.

Financial health

Total debt ($3.4B) exceeds cash ($65M); net debt is $3.4B.
Total debt has grown slower than revenue (3.4% vs 7.6% per year).
Operating income covered interest expense 4.8× in the latest year.
Total debt is 3.1× EBITDA.

Revenue & net income

RevenueNet income

Margins (gross / operating / net)

GrossOperatingNet

Return on equity & assets (ROE / ROA)

ROEROA

Free cash flow (CFO − capex)

Free cash flow

Cash vs total debt

CashTotal debt

Cash flow: operating / investing / financing

OperatingInvestingFinancing

Key annual figures

FY	Revenue	Net income	Gross M	Op M	ROE	ROA	FCF	Total debt	Cash
2025	$2.3B	$587M	67.0%	34.2%	57.3%	8.5%	$683M	$3.4B	$65M
2024	$2.2B	$362M	67.0%	24.1%	34.5%	5.5%	$748M	$3.2B	$49M
2023	$2.1B	$496M	67.0%	32.0%	40.7%	7.6%	$605M	$3.3B	$45M
2022	$2.0B	$439M	67.2%	28.4%	36.7%	6.8%	$615M	$3.3B	$53M
2021	$1.8B	$388M	67.7%	29.2%	31.9%	6.4%	$608M	$3.0B	$100M
2020	$1.6B	$243M	64.5%	26.1%	20.2%	4.2%	$508M	$2.9B	$122M
2019	$1.8B	$372M	66.4%	29.5%	—	6.3%	$490M	$3.0B	$26M
2018	$1.6B	$305M	65.5%	28.3%	—	6.7%	$447M	$2.9B	$21M
2017	$1.5B	$318M	64.9%	29.5%	—	7.5%	$398M	$2.6B	$115M
2016	$1.5B	$299M	65.0%	29.3%	—	7.7%	$414M	$2.3B	$36M
2015	—	$263M	—	—	—	7.8%	—	$1.9B	$22M
2014	—	$254M	—	—	—	7.6%	—	$1.9B	$26M
2013	—	$40M	—	—	—	1.2%	$289M	$1.9B	$33M
2012	—	$8M	—	—	—	0.2%	$270M	$2.2B	$59M
2011	—	$7M	—	—	—	0.2%	$212M	$2.2B	$34M

Revenue & net income

RevenueNet income

Margins (gross / operating / net)

GrossOperatingNet

Return on equity & assets (ROE / ROA)

ROEROA

Free cash flow (CFO − capex, quarterly)

Free cash flow

Cash vs total debt

CashTotal debt

Cash flow: operating / investing / financing

OperatingInvestingFinancing

Key quarterly figures

Quarter	Revenue	Net income	Gross M	Op M	ROE	ROA	FCF	Total debt	Cash
Jun '26	$617M	$161M	68.5%	33.7%	16.1%	2.3%	$210M	$3.5B	$68M
Mar '26	$528M	$101M	65.3%	27.7%	10.3%	1.5%	$114M	$3.5B	$39M
Dec '25	$596M	$152M	67.7%	32.9%	14.9%	2.2%	$208M	$3.4B	$65M
Sep '25	$586M	$142M	67.9%	32.3%	13.6%	2.1%	$186M	$3.3B	$22M
Jun '25	$579M	$154M	67.8%	34.1%	17.0%	2.3%	$191M	$3.4B	$56M
Mar '25	$505M	$139M	64.4%	37.8%	13.5%	2.1%	$98M	$3.2B	$36M
Dec '24	$580M	-$1M	67.8%	6.3%	-0.1%	-0.0%	$236M	$3.2B	$49M
Sep '24	$564M	$147M	67.6%	33.1%	12.2%	2.3%	$197M	$3.2B	$30M
Jun '24	$565M	$137M	67.6%	32.6%	11.5%	2.1%	$234M	$3.3B	$78M
Mar '24	$498M	$78M	64.7%	25.0%	6.6%	1.2%	$81M	$3.4B	$36M
Dec '23	$556M	$149M	67.4%	34.5%	12.3%	2.3%	$208M	$3.3B	$45M
Sep '23	$543M	$140M	67.7%	34.7%	11.8%	2.1%	$183M	$3.4B	$39M
Jun '23	$541M	$131M	68.3%	32.7%	11.2%	2.0%	$147M	$3.4B	$48M
Mar '23	$471M	$76M	64.3%	25.2%	6.6%	1.2%	$66M	$3.4B	$34M
Dec '22	$536M	$66M	67.5%	20.6%	5.5%	1.0%	$194M	$3.3B	$53M
Sep '22	$527M	$146M	68.0%	34.3%	11.5%	2.3%	$183M	$3.2B	$79M
Jun '22	$518M	$134M	67.8%	32.2%	10.8%	2.1%	$164M	$3.2B	$92M
Mar '22	$451M	$92M	65.0%	26.7%	7.5%	1.5%	$73M	$3.1B	$116M
Dec '21	$495M	$123M	68.1%	30.3%	10.1%	2.0%	$192M	$3.0B	$100M
Sep '21	$477M	$107M	69.1%	28.0%	—	1.8%	$173M	$2.8B	$88M

Valuation over time

How the market has priced LAMR against its own fundamentals since 2023-03 — each month-end's share price set against the most recent annual filing, so the multiple moves as price runs ahead of (or behind) earnings. Split-adjusted.

The price-to-earnings ratio has risen from 23.1× (Mar '23) to 27.3× (Nov '26).
The price-to-sales ratio has risen from 5.0× (Mar '23) to 7.1× (Nov '26).

Price / earnings (P/E)

P/E

Price / sales (P/S)

P/S

Frequently asked questions

Is LAMR growing its revenue and profit?

Over the past 5 years, Lamar Advertising Co/New's revenue has grown 7.6% per year, and net income grown 19.3% per year. These are computed facts, not advice.

How much debt does LAMR have?

As of FY2025, Lamar Advertising Co/New reported $3.4B of total debt against $65M of cash; operating income covered interest expense 4.8×.

What is LAMR's profit margin?

In FY2025, gross margin was 67.0%, operating margin 34.2%, and net margin 25.9%.

What is LAMR's P/E ratio?

Lamar Advertising Co/New's P/E (TTM) is 28.80 as of the 2026-11-02 close — market cap ÷ net income over the trailing twelve months where four consecutive quarters are reported, otherwise the latest fiscal year, the same figure as on the LAMR stock page. The valuation chart above sets each month-end's price against the latest annual net income instead, so its latest point (about 27.3× as of Nov '26) can differ. These are computed facts, not advice.

Where does this data come from?

All figures are extracted from the company’s SEC EDGAR/XBRL filings — 10-K annual reports and 10-Q quarterly reports (use the Annual / Quarterly toggle). Quarterly figures are derived from the as-filed statements (year-to-date amounts are differenced into discrete quarters). Growth rates and ratios are computed by tradmap; nothing here is investment advice.

Source: SEC EDGAR / XBRL (10-K + 10-Q filings) · prices EOD (Databento), split-adjusted; price return — dividends not reinvested · growth rates, valuation multiples & ratios computed by tradmap. Valuation uses each month-end price against the latest annual filing. Informational only — not investment advice.