MARKETS / NASDAQ / LAMR
NASDAQ · REAL ESTATE INVESTMENT TRUSTS · LARGE CAP

Lamar Advertising Co/new LAMR

18 fiscal years on record · USD · FY2025 reported
SEC FILINGS ONLY
Revenue · FY2025
$2.3B
▲ 2.7% vs FY2024
Dividend streak
2 yrs
Raised every year since 2024
EPS · FY25
Dividend / sh · FY25
$6.45
Payout · FY25
ROE · FY25
Net margin · FY25
25.9%
Dividend coverage
0.9×
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Result
USD 2.3B
Revenue, FY2025 · full 18-year series below
Revenue Net income
0.81.62.42.30.62008201120142017202020232025
0.81.62.42.30.62016201920222025

26 cents of every revenue dollar became profit this year.

Per share
Diluted EPS, FY2025
EPS Dividend
2.557.56.452008201120142017202020232025
2.557.56.452016201920222025

Earnings covered only a fraction of the dividend — the rest came from cash or borrowing.

Profitability
Return on equity, FY2025
ROE
2040602008201120142017202020232025
2040602016201920222025
Operating margin34.2%
Net margin25.9%
Return on assets8.7%

Returned to shareholders
USD 140.2M
returned in FY2025 · dividends + net buybacks
Dividends paid
Net buybacksUSD 140.2M
Share of profit23.9%
Consecutive raises2 years

USD 140.2M in buybacks — 24% of the year's profit went back to shareholders.

Growth
+7.6% a year
revenue, compounded over five years
CAGR
3 yrs
5 yrs
10 yrs
15 yrs
Revenue
+3.7%
+7.6%
Net income
+10.2%
+19.3%
+8.4%
EPS, diluted
+10.2%
+19.1%
+7.8%
Dividend / share
+8.9%
+20.9%
+8.9%

Compound annual rates per period — left blank where the series crosses a loss.

Share base
Shares outstanding, FY2025
Change, 5 years
Change, 10 years

A share split breaks the comparison across the period, so we leave it out.

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Balance sheet
USD 6.9B
total assets, end of FY2025
Total assetsUSD 6.9B
CashUSD 64.8M
Gross debtUSD 3.4B
Net debtUSD 3.4B
Current ratio0.58×

History
18 fiscal years
Every figure from documents filed with the SEC · USD
Metric
2025
2024
2023
2022
2021
2020
2019
2018
2017
2016
2015
2014
2013
2012
2011
2010
2009
2008
Revenue $B
2.3
2.2
2.1
2.0
1.8
1.6
1.8
1.6
1.5
1.5
·
·
·
·
·
·
·
·
Operating income $B
0.8
0.5
0.7
0.6
0.5
0.4
0.5
0.5
0.5
0.4
0.4
0.3
0.2
0.2
0.2
0.1
0.1
0.2
EBITDA $B
1.1
1.0
1.0
0.9
0.8
0.7
0.8
0.7
0.7
0.6
0.6
0.5
0.5
0.5
0.5
0.5
0.4
0.5
Income tax $B
0.0
0.0
0.0
0.0
0.0
0.0
−0.0
0.0
0.0
0.0
0.0
−0.1
0.0
0.0
0.0
−0.0
−0.0
0.0
Net income $B
0.6
0.4
0.5
0.4
0.4
0.2
0.4
0.3
0.3
0.3
0.3
0.3
0.0
0.0
0.0
−0.0
−0.1
0.0
EPS, diluted $
·
·
·
·
·
·
·
·
·
·
·
·
·
·
·
·
·
·
Dividend / sh $
6.45
5.65
5.00
5.00
4.00
2.50
3.84
3.65
3.32
3.02
2.75
2.50
·
·
·
·
·
·
Payout %
·
·
·
·
·
·
·
·
·
·
·
·
·
·
·
·
·
·
ROE %
·
·
41.5
36.4
32.1
20.4
32.2
27.3
29.2
28.6
26.2
26.5
4.5
0.9
0.8
−4.9
−6.8
0.2
Shares out B
·
·
·
·
·
·
·
·
·
·
·
·
·
·
·
·
·
·

Slide the table for earlier years · "·" marks figures not disclosed in the filing for that year.

How we verifyAUDITED
52 of 52
checks passed before publication
EPS recomputationBalance-sheet identityGross profitBalance-sheet liquidity

Every figure was compared against the original statement: 0 failures and 0 presentation gaps.

What we don’t show

We’d rather say what’s missing than fill the gap with an estimate.

P/E rationeeds a market quote — not yet licensed
Market capitalizationneeds a market quote — not yet licensed
Dividend yieldneeds a market quote — not yet licensed
Price-to-bookneeds a market quote — not yet licensed