Lamar Advertising (LAMR) Margins & Profitability 2020-2026

Gross, EBITDA, operating, and net margin trends

Margins

Profit margins across the income statement

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.

Gross Margin (%)

Revenue left after direct cost of goods sold

EBITDA Margin (%)

Operating profitability independent of capital structure

Operating & Net Margins (%)

How much of each dollar becomes profit