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) Return on invested capital

Alert me on Return on invested capital

Lamar Advertising Company's return on invested capital over the twelve months to 30 September 2026 was 10.6%, down 0.4 percentage points from fiscal 2025 (11.0%). Over the past ten years it has ranged from 6.43% (fiscal 2020) to 11.0% (fiscal 2025) — the current reading is the highest in ten years. That is above the Reit Specialty industry median of 4.15% and above the Real Estate sector median of 2.03%.

Return on invested capital, annual

Embed this chart

Annual newest first

Period Return on invested capital Change (points)
FY2025 11.0% 3.15
FY2024 7.87% (1.45)
FY2023 9.32% 1.24
FY2022 8.08% 0.23
FY2021 7.85% 1.42
FY2020 6.43% (1.40)
FY2019 7.83% 0.63
FY2018 7.20% (0.83)
FY2017 8.03% (0.08)
FY2016 8.11% (0.17)

Against its own ten years

Low 6.43% High 11.0%
Ten-year median 8.03%
Current reading's percentile 100

Return on invested capital against peers

Company Return on invested capital
SBAC SBA Communications Corporation compare 11.2%
LAMR Lamar Advertising Company 10.6%
CCI Crown Castle Inc. compare 8.54%
OUT OUTFRONT Media Inc. compare 7.74%
GLPI Gaming and Leisure Properties, Inc. compare 6.28%
IRM Iron Mountain Incorporated compare 5.68%
EPR EPR Properties compare 5.00%
WY Weyerhaeuser Company compare 3.57%
RYN Rayonier Inc. compare 0.54%
Reit Specialty industry median 4.15%
Real Estate sector median 2.03%
Market median 0.00%

What Return on invested capital is

Return on Invested Capital shows how much after-tax operating profit a company earns on the money its lenders and shareholders have put in.

TTM: (Operating Income × 0.625) ÷ (Shareholders Equity (Total) (latest quarter) + Long Term Debt (Total) (latest quarter) + Current Part of Debt (latest quarter) − Cash & Short Term Investments (latest quarter)); Annual: (Operating Income × 0.625) ÷ (Shareholders Equity (Total) + Long Term Debt (Total) + Current Part of Debt − Cash & Short Term Investments)

The full definition of Return on invested capital →

More on LAMR