Lamar Advertising Company

LAMR Real Estate Reit Specialty

Lamar Advertising Company’s revenue for fiscal 2025 (year ended December 2025) was $2.3 billion, up 2.68% from fiscal 2024.

Revenue
+6.65%
EPS
+13.6%
Free cash flow
+35.4%
Total debt
+4.50%

Quarter to September 2026, against a year earlier

157.35 1.23 −0.78%
Market cap
$16.0B
P/E
27.8×
Fwd P/E
26.7×
Dividend yield
3.08%
F-score
7/9
Altman Z
n/a
Beneish M
n/a
Dividend safety
n/a

Lamar Advertising Company (LAMR) Net margin

Alert me on Net margin

Lamar Advertising Company's net margin over the twelve months to 30 September 2026 was 24.4%, down 1.5 percentage points from fiscal 2025 (25.9%). Over the past ten years it has ranged from 15.5% (fiscal 2020) to 25.9% (fiscal 2025) — the current reading is the highest in ten years. That is above the Reit Specialty industry median of 16.5% and above the Real Estate sector median of 4.66%.

Net margin, annual

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Annual newest first

Period Net margin Change (points)
FY2025 25.9% 9.51
FY2024 16.4% (7.09)
FY2023 23.5% 1.90
FY2022 21.6% (0.12)
FY2021 21.7% 6.20
FY2020 15.5% (5.71)
FY2019 21.2% 2.46
FY2018 18.7% (1.85)
FY2017 20.6% 0.70
FY2016 19.9% 0.52

Quarterly newest first

Period Net margin Change (points)
Sep 2026 25.9% (0.14)
Jun 2026 26.1% 6.88
Mar 2026 19.2% (6.37)
Dec 2025 25.5% 1.35
43 more quarters

Against its own ten years

Low 15.5% High 25.9%
Ten-year median 20.6%
Current reading's percentile 95

Net margin against peers

Company Net margin
GLPI Gaming and Leisure Properties, Inc. compare 55.2%
EPR EPR Properties compare 35.7%
SBAC SBA Communications Corporation compare 34.5%
LAMR Lamar Advertising Company 24.4%
CCI Crown Castle Inc. compare 20.1%
OUT OUTFRONT Media Inc. compare 12.6%
RYN Rayonier Inc. compare 7.83%
WY Weyerhaeuser Company compare 6.47%
IRM Iron Mountain Incorporated compare 5.88%
Reit Specialty industry median 16.5%
Real Estate sector median 4.66%
Market median 1.06%

What Net margin is

Net Profit Margin tells an investor how much of each unit of revenue ends up as profit for shareholders after all costs, interest and taxes.

Net Income Allotted to Shareholders ÷ Revenue

The full definition of Net margin →

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