Lamar Advertising (LAMR) Stock Fundamentals, Analysis & Risk Signals

Health score, price, valuation, risk signals, and key metrics at a glance.

Lamar Advertising

NasdaqGS•Real Estate•REIT - Specialty

$146.810.00(0.00%)Market closed

Market Cap

$14.90B

P/E

26.8x

P/S

6.4x

P/B

15.0x

Lamar Advertising Company is one of the largest outdoor advertising companies in North America, with over 362,000 displays across the United States and Canada. Lamar offers advertisers a variety of billboards, 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 over 5,400 displays. Lamar Advertising Company was founded and incorporated in 1902 in Delaware and is based in Baton Rouge, United States.

How this company scores

GoodMetricSide Score: 71/100

Strongest: Profitability (25/25); weakest: Balance Sheet & Red Flags (9/25).

Profitability25/25

Growth19/25

Balance Sheet & Red Flags9/25

Cash & Earnings Quality18/25

Strengths

Strong marginsHigh ROERising earningsCash-backed earnings

Valuation vs. 5-year range

Today's multiple positioned against its own trailing range — a visual premium/discount check.

P/E · 26.8x5y range 17.2x – 34.3x

Currently near its 20-quarter median.

P/S · 6.4x5y range 4.1x – 6.9x

Currently near its 20-quarter median.

P/B · 15.0x5y range 6.7x – 15.0x

Watch items

Data-driven signals worth keeping an eye on across the last 8 quarters

High Risk

Leverage Risk

Red Flag

D/E ratio is 3.3 — heavily leveraged and vulnerable to rising rates or cash flow dips.

Price & Volume

Market Cap $14.90B

Metrics at a Glance

as of June 2026

Revenue & Profit

Revenue, EBITDA, operating income, net income, EPS, and shares

TTM Revenue: $2.33B
Q. Revenue: $616.75M
TTM EBITDA: $1.08B
TTM Op. Income: $739.17M
Q. Op. Income: $207.96M
TTM Net Income: $556.08M
Q. Net Income: $160.75M
EPS: $1.58
Shares Out.: $101.49M

$2.33B in TTM revenue grew 4.4% YoY, reaching $616.75M last quarter. TTM EBITDA of $1.08B and TTM operating income of $739.17M show growth is flowing through to the bottom line. TTM net income of $556.08M means revenue is converting into profit. Across the last 8 quarters, TTM revenue has risen for 7 consecutive quarters — an improving trend.

Margins

Gross, EBITDA, operating, and net margin trends

Gross Margin: 68.5%
EBITDA Margin: 47.4%
Op. Margin: 33.7%
Net Margin: 26.1%

Op. margin of 33.7% is down 0.4% YoY — costs are rising relative to revenue. Net margin at 26.1% and gross margin of 68.5% show how much of each revenue dollar survives to profit. Over the past year, operating margin is down 1% — an improving trend.

Price Ratios

P/E, P/S, P/B, EV/EBITDA, FCF yield, and earnings yield

P/E Ratio: 26.8x
P/S Ratio: 6.4x
P/B Ratio: 15.0x

At 26.8x P/E, the stock trades within typical market levels. P/S of 6.4x and P/B of 15.0x provide additional context. Use the growth and margin sections to judge whether the multiple is justified. Across the last 8 quarters, P/E has risen for 2 consecutive quarters — a weakening trend.

Assets & Liabilities

Total assets, cash, debt, book value, and leverage

Total Assets: $6.99B
Cash: $67.95M
Long-Term Debt: $3.26B
Book Value: $995.47M
D/E Ratio: 3.3
Debt/EBITDA: 11.2

With $6.99B in assets and $3.26B in long-term debt, D/E is 3.3and book value is $995.47M — elevated leverage, meaning significant financial risk in a downturn. Over the past year, debt/equity is down 4% — an improving trend.

Cash Flow

Operating cash flow, free cash flow, FCF margin, and earnings quality

Op. Cash Flow: $252.42M
TTM Free Cash Flow: $718.05M
FCF Margin: 30.9%
FCF / Net Income: 1.3

TTM FCF of $718.05M on $252.42M in operating cash flow. The FCF / Net Income ratio of 1.3x means free cash flow covers net income — earnings are backed by cash. Across the last 8 quarters, free cash flow has risen for 2 consecutive quarters — an improving trend.