See more : Xi S&D Inc. (317400.KS) Income Statement Analysis – Financial Results
Complete financial analysis of Lamar Advertising Company (LAMR) income statement, including revenue, profit margins, EPS and key performance metrics. Get detailed insights into the financial performance of Lamar Advertising Company, a leading company in the REIT – Specialty industry within the Real Estate sector.
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Lamar Advertising Company (LAMR)
About Lamar Advertising Company
Founded 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.
| Metric | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 | 2011 | 2010 | 2009 | 2008 | 2007 | 2006 | 2005 | 2004 | 2003 | 2002 | 2001 | 2000 | 1999 | 1998 | 1997 | 1996 | 1995 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 2.11B | 2.03B | 1.79B | 1.57B | 1.75B | 1.63B | 1.54B | 1.50B | 1.35B | 1.29B | 1.25B | 1.18B | 1.13B | 1.09B | 1.06B | 1.20B | 1.21B | 1.12B | 1.02B | 883.51M | 810.14M | 775.68M | 729.05M | 687.32M | 444.10M | 288.60M | 200.50M | 27.40M | 101.90M |
| Cost of Revenue | 696.80M | 667.82M | 576.95M | 557.66M | 595.53M | 561.85M | 540.88M | 525.60M | 473.76M | 453.27M | 436.84M | 418.54M | 409.05M | 398.47M | 397.73M | 485.75M | 408.40M | 390.56M | 353.14M | 302.16M | 292.02M | 0.00 | 251.48M | 217.47M | 143.10M | 92.80M | 63.40M | 10.80M | 34.40M |
| Gross Profit | 1.41B | 1.36B | 1.21B | 1.01B | 1.16B | 1.07B | 1.00B | 974.70M | 879.64M | 833.79M | 809.00M | 764.36M | 724.44M | 693.82M | 658.34M | 712.67M | 801.16M | 729.53M | 668.52M | 581.35M | 518.12M | 775.68M | 477.57M | 469.85M | 301.00M | 195.80M | 137.10M | 16.60M | 67.50M |
| Gross Profit Ratio | 66.99% | 67.14% | 67.72% | 64.45% | 66.04% | 65.47% | 64.91% | 64.97% | 64.99% | 64.78% | 64.94% | 64.62% | 63.91% | 63.52% | 62.34% | 59.47% | 66.24% | 65.13% | 65.43% | 65.80% | 63.95% | 100.00% | 65.51% | 68.36% | 67.78% | 67.84% | 68.38% | 60.58% | 66.24% |
| Research & Development | 0.00 | 0.22 | 0.22 | 0.16 | 0.21 | 0.19 | 0.21 | 0.20 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| General & Administrative | 332.79M | 453.15M | 420.53M | 358.82M | 402.88M | 372.32M | 338.57M | 345.79M | 313.94M | 299.88M | 288.79M | 264.41M | 248.97M | 246.51M | 229.42M | 257.62M | 270.39M | 248.94M | 212.73M | 188.32M | 171.52M | 167.18M | 151.05M | 138.07M | 94.40M | 0.00 | 0.00 | 0.00 | 0.00 |
| Selling & Marketing | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | -12.46M | -58.20M | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 274.77M | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| SG&A | 332.79M | 453.15M | 420.53M | 358.82M | 402.88M | 372.32M | 338.57M | 345.79M | 313.94M | 299.88M | 288.79M | 264.41M | 248.97M | 246.51M | 216.96M | 199.42M | 270.39M | 248.94M | 212.73M | 188.32M | 171.52M | 441.95M | 151.05M | 138.07M | 94.40M | 60.90M | 45.40M | 7.70M | 27.10M |
| Other Expenses | 393.97M | 348.89M | 270.85M | 251.30M | 244.74M | 225.26M | 211.10M | 204.96M | 191.43M | 258.44M | 300.58M | 296.08M | 289.09M | 307.80M | 331.30M | 324.29M | 302.97M | 290.82M | 288.97M | 292.99M | 281.53M | 277.56M | 354.61M | 318.10M | 177.10M | 88.60M | 48.00M | 3.40M | 14.10M |
| Operating Expenses | 742.45M | 802.04M | 691.38M | 610.11M | 647.62M | 597.59M | 549.68M | 550.75M | 505.37M | 558.31M | 589.37M | 560.49M | 538.06M | 554.32M | 560.72M | 532.72M | 573.36M | 539.76M | 501.70M | 481.31M | 453.05M | 719.51M | 505.65M | 456.17M | 271.50M | 149.50M | 93.40M | 11.10M | 41.20M |
| Cost & Expenses | 1.44B | 1.47B | 1.27B | 1.17B | 1.24B | 1.16B | 1.09B | 1.08B | 979.13M | 1.01B | 1.03B | 979.03M | 947.11M | 952.78M | 958.45M | 1.02B | 981.75M | 930.32M | 854.84M | 783.47M | 745.06M | 719.51M | 757.14M | 673.63M | 414.60M | 242.30M | 156.80M | 21.90M | 75.60M |
| Interest Income | 2.12M | 1.29M | 763.00K | 797.00K | 764.00K | 534.00K | 6.00K | 6.00K | 34.00K | 102.00K | 165.00K | 331.00K | 569.00K | 367.00K | 527.00K | 1.20M | 2.60M | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Interest Expense | 174.51M | 127.51M | 106.38M | 137.62M | 150.62M | 129.73M | 128.40M | 123.69M | 98.43M | 105.25M | 146.28M | 157.09M | 171.09M | 186.05M | 197.05M | 159.16M | 125.04M | 100.78M | 96.01M | 74.52M | 0.00 | 117.71M | 125.30M | 143.92M | 76.80M | 56.70M | 34.20M | 3.80M | 20.30M |
| Depreciation & Amortization | 293.42M | 1.47B | 1.27B | 1.18B | 1.25B | 1.17B | 999.06M | 1.08B | 191.43M | 258.44M | 300.58M | 296.08M | 299.64M | 312.70M | 336.73M | 331.65M | 311.47M | 306.48M | 292.55M | 299.39M | 282.27M | 277.89M | 355.53M | 318.10M | 177.10M | 88.60M | 48.00M | 3.40M | 14.10M |
| EBITDA | 973.48M | 916.04M | 793.75M | 652.38M | 760.53M | 693.05M | 661.81M | 628.91M | 565.70M | 533.91M | 520.21M | 496.79M | 483.13M | 435.18M | 439.63M | 504.24M | 530.77M | 480.59M | 459.37M | 393.03M | 347.35M | 334.06M | 327.44M | 331.78M | 206.60M | 134.90M | 92.30M | 8.90M | 40.40M |
| EBITDA Ratio | 46.11% | 45.14% | 44.45% | 41.63% | 43.41% | 42.62% | 42.94% | 41.92% | 41.80% | 41.49% | 41.77% | 42.29% | 42.87% | 41.43% | 41.18% | 42.79% | 42.98% | 43.33% | 45.24% | 45.09% | 46.94% | 43.78% | 44.79% | 48.13% | 44.97% | 46.15% | 44.74% | 32.48% | 41.90% |
| Operating Income | 675.43M | 578.00M | 521.19M | 410.11M | 517.74M | 460.56M | 455.37M | 439.05M | 383.03M | 278.67M | 223.44M | 217.69M | 186.37M | 139.51M | 97.62M | 179.95M | 227.80M | 189.77M | 166.82M | 100.04M | 65.08M | 56.17M | -28.09M | 13.69M | 29.50M | 46.30M | 43.70M | 5.50M | 26.30M |
| Operating Income Ratio | 32.00% | 28.44% | 29.16% | 26.14% | 29.52% | 28.30% | 29.55% | 29.26% | 28.30% | 21.65% | 17.93% | 18.40% | 16.44% | 12.77% | 9.24% | 15.02% | 18.83% | 16.94% | 16.33% | 11.32% | 8.03% | 7.24% | -3.85% | 1.99% | 6.64% | 16.04% | 21.80% | 20.07% | 25.81% |
| Total Other Income/Expenses | -168.82M | -121.90M | -123.84M | -162.06M | -149.85M | -144.63M | -128.46M | -126.88M | -98.40M | -135.24M | -160.46M | -181.41M | -171.20M | -203.08M | -191.76M | -167.34M | -144.40M | -111.64M | -93.14M | -75.58M | -120.89M | -112.19M | -126.22M | -144.91M | -82.70M | -58.40M | -36.80M | -3.70M | -18.00M |
| Income Before Tax | 506.62M | 456.10M | 397.35M | 248.05M | 367.89M | 315.93M | 326.91M | 312.17M | 284.63M | 143.43M | 62.98M | 19.30M | 15.17M | -63.57M | -94.14M | 23.81M | 83.40M | 78.13M | 73.68M | 24.46M | -55.82M | -56.02M | -154.31M | -131.22M | -53.20M | -12.10M | 7.50M | 1.70M | 8.30M |
| Income Before Tax Ratio | 24.00% | 22.44% | 22.23% | 15.81% | 20.98% | 19.42% | 21.21% | 20.81% | 21.03% | 11.14% | 5.06% | 1.63% | 1.34% | -5.82% | -8.91% | 1.99% | 6.90% | 6.97% | 7.21% | 2.77% | -6.89% | -7.22% | -21.17% | -19.09% | -11.98% | -4.19% | 3.74% | 6.20% | 8.15% |
| Income Tax Expense | 9.78M | 17.45M | 9.26M | 4.66M | -4.22M | 10.70M | 9.23M | 13.36M | 22.06M | -110.09M | 22.84M | 9.48M | 6.62M | -23.47M | -36.10M | 14.09M | 37.19M | 34.23M | 31.90M | 11.31M | -20.64M | -19.69M | -45.67M | -37.12M | -9.60M | -200.00K | 4.70M | 700.00K | -2.40M |
| Net Income | 495.76M | 438.65M | 388.09M | 243.39M | 372.11M | 305.23M | 317.68M | 298.81M | 262.57M | 253.52M | 40.14M | 9.82M | 8.55M | -40.10M | -58.04M | 9.72M | 46.22M | 43.90M | 41.78M | 13.16M | -46.85M | -36.33M | -108.63M | -94.11M | -44.60M | -11.90M | 2.80M | 1.00M | 10.70M |
| Net Income Ratio | 23.48% | 21.59% | 21.71% | 15.51% | 21.22% | 18.76% | 20.61% | 19.92% | 19.40% | 19.70% | 3.22% | 0.83% | 0.75% | -3.67% | -5.50% | 0.81% | 3.82% | 3.92% | 4.09% | 1.49% | -5.78% | -4.68% | -14.90% | -13.69% | -10.04% | -4.12% | 1.40% | 3.65% | 10.50% |
| EPS | 4.86 | 4.32 | 3.83 | 2.41 | 3.71 | 3.09 | 3.24 | 3.07 | 2.72 | 2.66 | 0.42 | 0.10 | 0.09 | -0.43 | -0.63 | 0.10 | 0.47 | 0.42 | 0.39 | 0.12 | -0.46 | -0.36 | -1.10 | -1.04 | -0.65 | -0.23 | 0.05 | -0.18 | 0.21 |
| EPS Diluted | 4.85 | 4.31 | 3.83 | 2.41 | 3.71 | 3.08 | 3.23 | 3.05 | 2.72 | 2.66 | 0.42 | 0.10 | 0.09 | -0.43 | -0.63 | 0.10 | 0.47 | 0.42 | 0.39 | 0.12 | -0.46 | -0.36 | -1.10 | -1.04 | -0.65 | -0.23 | 0.05 | -0.18 | 0.21 |
| Weighted Avg Shares Out | 101.92M | 101.53M | 101.13M | 100.76M | 100.13M | 98.82M | 97.93M | 97.13M | 96.32M | 95.22M | 94.39M | 93.38M | 92.85M | 92.26M | 91.73M | 92.13M | 96.78M | 102.72M | 105.61M | 104.04M | 102.69M | 101.09M | 98.57M | 90.84M | 69.12M | 51.25M | 48.00M | 43.17M | 50.95M |
| Weighted Avg Shares Out (Dil) | 102.11M | 101.63M | 101.35M | 100.90M | 100.32M | 99.09M | 98.37M | 97.69M | 96.38M | 95.28M | 94.75M | 93.67M | 93.17M | 92.67M | 91.84M | 92.31M | 97.55M | 103.50M | 106.09M | 104.57M | 102.69M | 101.09M | 98.57M | 90.84M | 69.12M | 51.25M | 48.00M | 43.17M | 50.95M |
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Lamar Advertising Company (NASDAQ:LAMR ) Q2 2024 Earnings Conference Call August 8, 2024 9:00 AM ET Company Participants Sean Reilly - Chief Executive Officer Jay Johnson - Chief Financial Officer Conference Call Participants Cameron McVeigh - Morgan Stanley Jason Bazinet...
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