Lamar Advertising Company (LAMR) Income Statement Analysis

See more : SkyWest, Inc. (SKYW) 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.

You may be interested

Azorean Aquatic Technologies, S.A. (MLAAT.PA) Income Statement Analysis – Financial Results
Life Healthcare Group Holdings Limited (LTGHF) Income Statement Analysis – Financial Results
Khaitan (India) Limited (KHAITANLTD.BO) Income Statement Analysis – Financial Results
Yasuhara Chemical Co.,Ltd. (4957.T) Income Statement Analysis – Financial Results
Nippon Care Supply Co., Ltd. (2393.T) Income Statement Analysis – Financial Results

Lamar Advertising Company (LAMR)

Industry: REIT - Specialty

Sector: Real Estate

Website: https://www.lamar.com

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

Why You Should Retain Lamar Advertising (LAMR) Stock Now

July 6, 2023zacks.com

A diversified tenant base, opportunistic acquisitions and efforts to upgrade its portfolio are growth drivers for Lamar Advertising (LAMR). However, stiff competition from other outdoor advertisers and high interest rates are concerns.

Billionaire Investor Says 'Sell Real Estate'

May 27, 2023seekingalpha.com

Billionaire Charlie Munger recently warned investors. He said that commercial real estate is facing severe challenges.

REITs Will Go Bankrupt? Not So Fast

May 16, 2023seekingalpha.com

REITs are facing an "existential crisis" according to some investors. They claim that REITs will go bankrupt as they fail to refinance their debt.

Lamar Advertising Company Announces Cash Dividend on Common Stock

May 10, 2023globenewswire.com

BATON ROUGE, La., May 10, 2023 (GLOBE NEWSWIRE) -- Lamar Advertising Company (Nasdaq: LAMR), a leading owner and operator of outdoor advertising and logo sign displays, announces that its board of directors has declared a quarterly cash dividend of $1.25...

Lamar Advertising to appear at the 51st Annual J.P. Morgan Global Technology, Media and Communications Conference

May 9, 2023globenewswire.com

BATON ROUGE, La., May 09, 2023 (GLOBE NEWSWIRE) -- Lamar Advertising Company (Nasdaq: LAMR) today announced that Sean Reilly, CEO of Lamar Advertising Company, is scheduled to participate in a question-and-answer session at the 51st Annual J.P. Morgan Global Technology,...

Lamar's (LAMR) Q1 Adjusted FFO Falls Y/Y, Stock Declines

May 5, 2023zacks.com

Lamar's (LAMR) Q1 results reflect steady local sales, which helped offset softness on the national front. The company experiences a significant surge in interest expenses.

Lamar Advertising (LAMR) Surpasses Q1 FFO and Revenue Estimates

May 4, 2023zacks.com

Lamar Advertising (LAMR) came out with quarterly funds from operations (FFO) of $1.41 per share, beating the Zacks Consensus Estimate of $1.38 per share. This compares to FFO of $1.50 per share a year ago.

Lamar Advertising Company Announces First Quarter Ended March 31, 2023 Operating Results

May 4, 2023globenewswire.com

Three Month Results Net revenue was $471.3 million Net income was $76.2 million Adjusted EBITDA was $198.0 million BATON ROUGE, La., May 04, 2023 (GLOBE NEWSWIRE) -- Lamar Advertising Company (the “Company” or “Lamar”) (Nasdaq: LAMR), a leading owner and...