Lamar Advertising Company LAMR
Established in 1902, Lamar Advertising (Nasdaq: LAMR) operates as a major force in the North American outdoor advertising landscape, boasting a portfolio of over 352,000 displays across the United States and Canada. Lamar furnishes advertisers with an extensive array of formats, encompassing traditional billboards, interstate logo displays, transit advertising, and airport placements. This diverse offering assists both burgeoning local businesses and established national brands in consistently engaging expansive audiences. Beyond its extensive collection of traditional out-of-home assets, Lamar proudly operates the United States' largest network of digital billboards, encompassing approximately 3,800 cutting-edge displays for its customers.
Business overview written from the company's own Form 10-K (Item 1), filed 2026-02-20 — refreshed whenever it files a new one. The figures above are current; see its SEC filings. ✓ From the 10-K
Plain-English: the Snapshot is the quick read — what it pays you (yield, dividend), how its cash flow looks (FFO/AFFO, Price/OCF) and how much debt it carries. Switch to Expert in the header to hide these explanations.
Snapshot
Reported FFO / AFFO / leverage are from the Q1 2026 earnings release (filed 2026-05-07) — 8-K, EX-99.1 ✓ Verified to filing.
Yield uses the latest declared dividend, annualized (latest regular payout × frequency; special/liquidating distributions excluded) — an announced-but-not-yet-declared change isn't reflected until it has an ex-date. FFO, AFFO and Net debt / Adj. EBITDA are the company's reported figures from its latest earnings 8-K. Price/OCF and payout use GAAP operating cash flow. NAV premium and credit ratings have no free source yet. See Methodology.
$10,000 invested
Illustrative income only, at today's price and latest declared dividend — it excludes price changes, dividend cuts and taxes. Not a forecast.
Model LAMR yourself — any amount, shares, per-payment & a multi-year DRIP projection →
Balance sheet (latest FY: 2025)
Debt-maturity ladder, fixed/floating split, secured/unsecured and coverage ratios come from the supplemental — not yet ingested.
Financial history
| FY | Revenue | Net income | D&A | EBITDA | Op. cash flow |
|---|---|---|---|---|---|
| 2025 | $2.27B | $587.15M | $326.33M | $1.10B | $864.05M |
| 2024 | $2.21B | $361.87M | $462.97M | $1.00B | $873.61M |
| 2023 | $2.11B | $495.76M | $293.42M | $974.55M | $783.61M |
| 2022 | $2.03B | $438.65M | $349.45M | $933.06M | $781.61M |
| 2021 | $1.79B | $388.09M | $271.29M | $775.02M | $734.42M |
| 2020 | $1.57B | $243.39M | $251.30M | $636.97M | $569.87M |
Dividends
Recent regular dividends per share (special distributions excluded), oldest → newest.
| Ex-date | Record | Payment | Declared | Amount | Freq. |
|---|---|---|---|---|---|
| 2026-09-21 | 2026-09-21 | 2026-09-30 | 2026-09-01 | $1.65 | Quarterly |
| 2026-06-16 | 2026-06-16 | 2026-06-30 | 2026-05-14 | $1.60 | Quarterly |
| 2026-03-16 | 2026-03-16 | 2026-03-31 | 2026-02-26 | $1.60 | Semi-Annual |
| 2025-12-22 | 2025-12-22 | 2025-12-31 | 2025-12-11 | $1.80 | Special |
| 2025-09-19 | 2025-09-19 | 2025-09-30 | 2025-08-27 | $1.55 | Quarterly |
| 2025-06-16 | 2025-06-16 | 2025-06-30 | 2025-05-15 | $1.55 | Quarterly |
| 2025-03-14 | 2025-03-14 | 2025-03-28 | 2025-02-19 | $1.55 | Semi-Annual |
| 2024-12-18 | 2024-12-18 | 2024-12-30 | 2024-12-06 | $1.65 | Special |
| 2024-09-18 | 2024-09-18 | 2024-09-30 | 2024-08-27 | $1.40 | Quarterly |
| 2024-06-17 | 2024-06-17 | 2024-06-28 | 2024-05-16 | $1.30 | Quarterly |
| 2024-03-14 | 2024-03-15 | 2024-03-28 | 2024-02-22 | $1.30 | Quarterly |
| 2023-12-15 | 2023-12-18 | 2023-12-29 | 2023-11-29 | $1.25 | Quarterly |
| 2023-09-15 | 2023-09-18 | 2023-09-29 | 2023-08-29 | $1.25 | Quarterly |
| 2023-06-15 | 2023-06-19 | 2023-06-30 | 2023-05-10 | $1.25 | Quarterly |
| 2023-03-16 | 2023-03-17 | 2023-03-31 | 2023-02-23 | $1.25 | Quarterly |
| 2022-12-16 | 2022-12-19 | 2022-12-30 | 2022-12-08 | $1.50 | Special |
| 2022-09-16 | 2022-09-19 | 2022-09-30 | 2022-09-06 | $1.20 | Quarterly |
| 2022-06-16 | 2022-06-20 | 2022-06-30 | 2022-05-19 | $1.20 | Quarterly |
| 2022-03-18 | 2022-03-21 | 2022-03-31 | 2022-02-24 | $1.10 | Semi-Annual |
| 2021-12-17 | 2021-12-20 | 2021-12-30 | 2021-12-09 | $1.50 | Special |
| 2021-09-17 | 2021-09-20 | 2021-09-30 | 2021-09-07 | $1.00 | Quarterly |
| 2021-06-18 | 2021-06-21 | 2021-06-30 | 2021-05-20 | $0.75 | Quarterly |
| 2021-03-19 | 2021-03-22 | 2021-03-31 | 2021-02-25 | $0.75 | Quarterly |
| 2020-12-18 | 2020-12-21 | 2020-12-30 | 2020-12-01 | $0.50 | Quarterly |
Coverage (payout of operating cash flow): 77.63%. Tax-character split (ordinary / 199A / capital gain / return of capital) — not disclosed (requires the annual allocation release).
Recent news — LAMR
Lamar Advertising Company Announces Cash Dividend on Common Stock
Key Reasons to Add Lamar Advertising Stock to Your Portfolio Now
Lamar's Acquisition Prowess Outshines Realty Income
Lamar Acquires AdSource Outdoor Assets Through UPREIT Transaction
Lamar Advertising's Higher AFFO Outlook Highlights Digital Momentum
Is Lamar Advertising Worth Holding as Growth Meets a Rich Valuation?
Lamar Advertising Acquires Assets of AdSource Outdoor in UPREIT Transaction
Lamar's Q2 FFO Beat Estimates on Revenue Growth, '26 Guidance Raised
Headlines via Financial Modeling Prep; links open the original publisher in a new tab. Not an endorsement or investment advice.
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Same-store NOI, occupancy, leasing/WALT, top tenants, external-manager fees, development pipeline and (for non-traded vehicles) share-class fees, redemption/gating and NAV methodology are planned modules sourced from supplementals and prospectuses.