Lamar Advertising Co (LAMR) stock
LAMRNasdaqReal Estate Investment TrustsFiscal year ends December 31
Financials through Q2 FY2026, quarter ended Jun 30, 2026Last filing: 10-Q on Nov 5, 2026Score 10/3045% above fair value
$161.76+2.11 (+1.32%)
Close on Nov 13, 2026Market cap $16.43BP/E 29.5Yield 3.99%
Lamar Advertising gross margin
Gross margin is gross profit as a percentage of revenue.
Lamar Advertising's gross margin for the twelve months ending Jun 30, 2026 was 67.4%. For fiscal 2025 it was 67.0%, against 67.0% the year before. The highest annual figure on record is 67.7% in fiscal 2021.
Annual gross margin
| Period | Period end | Value | Change (pts) |
|---|---|---|---|
| FY2025 | Dec 31, 2025 | 67.0% | +0.0 |
| FY2024 | Dec 31, 2024 | 67.0% | +0.0 |
| FY2023 | Dec 31, 2023 | 67.0% | −0.2 |
| FY2022 | Dec 31, 2022 | 67.2% | −0.6 |
| FY2021 | Dec 31, 2021 | 67.7% | +3.3 |
| FY2020 | Dec 31, 2020 | 64.5% | −1.9 |
| FY2019 | Dec 31, 2019 | 66.4% | +0.9 |
| FY2018 | Dec 31, 2018 | 65.5% | +0.6 |
| FY2017 | Dec 31, 2017 | 64.9% | −0.1 |
| FY2016 | Dec 31, 2016 | 65.0% | – |
Quarterly gross margin
Change is against the same quarter a year earlier.
| Period | Period end | Value | Change (pts) |
|---|---|---|---|
| Q2 FY2026 | Jun 30, 2026 | 68.5% | +0.7 |
| Q1 FY2026 | Mar 31, 2026 | 65.3% | +0.9 |
| Q4 FY2025 | Dec 31, 2025 | 67.7% | −0.1 |
| Q3 FY2025 | Sep 30, 2025 | 67.9% | +0.3 |
| Q2 FY2025 | Jun 30, 2025 | 67.8% | +0.2 |
| Q1 FY2025 | Mar 31, 2025 | 64.4% | −0.4 |
| Q4 FY2024 | Dec 31, 2024 | 67.8% | +0.5 |
| Q3 FY2024 | Sep 30, 2024 | 67.6% | −0.1 |
| Q2 FY2024 | Jun 30, 2024 | 67.6% | −0.7 |
| Q1 FY2024 | Mar 31, 2024 | 64.7% | +0.5 |
| Q4 FY2023 | Dec 31, 2023 | 67.4% | −0.2 |
| Q3 FY2023 | Sep 30, 2023 | 67.7% | −0.2 |
| Q2 FY2023 | Jun 30, 2023 | 68.3% | +0.5 |
| Q1 FY2023 | Mar 31, 2023 | 64.3% | −0.8 |
| Q4 FY2022 | Dec 31, 2022 | 67.5% | −0.6 |
| Q3 FY2022 | Sep 30, 2022 | 68.0% | −1.1 |
| Q2 FY2022 | Jun 30, 2022 | 67.8% | −0.6 |
| Q1 FY2022 | Mar 31, 2022 | 65.0% | +0.4 |
| Q4 FY2021 | Dec 31, 2021 | 68.1% | +0.3 |
| Q3 FY2021 | Sep 30, 2021 | 69.1% | +4.4 |
| Q2 FY2021 | Jun 30, 2021 | 68.4% | +7.0 |
| Q1 FY2021 | Mar 31, 2021 | 64.6% | +1.4 |
| Q4 FY2020 | Dec 31, 2020 | 67.8% | +1.2 |
| Q3 FY2020 | Sep 30, 2020 | 64.7% | −2.8 |
| Q2 FY2020 | Jun 30, 2020 | 61.4% | −5.9 |
| Q1 FY2020 | Mar 31, 2020 | 63.2% | −0.2 |
| Q4 FY2019 | Dec 31, 2019 | 66.6% | −0.2 |
| Q3 FY2019 | Sep 30, 2019 | 67.5% | +1.1 |
| Q2 FY2019 | Jun 30, 2019 | 67.4% | +0.9 |
| Q1 FY2019 | Mar 31, 2019 | 63.5% | +1.8 |
| Q4 FY2018 | Dec 31, 2018 | 66.8% | +1.7 |
| Q3 FY2018 | Sep 30, 2018 | 66.4% | +0.2 |
| Q2 FY2018 | Jun 30, 2018 | 66.5% | +0.5 |
| Q1 FY2018 | Mar 31, 2018 | 61.7% | – |
| Q4 FY2017 | Dec 31, 2017 | 65.1% | – |
| Q3 FY2017 | Sep 30, 2017 | 66.2% | – |
| Q2 FY2017 | Jun 30, 2017 | 66.0% | – |
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