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 operating margin
Operating margin is operating income as a percentage of revenue.
Lamar Advertising's operating margin for the twelve months ending Jun 30, 2026 was 31.8%. For fiscal 2025 it was 34.2%, against 24.1% the year before. The highest annual figure on record is 34.2% in fiscal 2025.
Annual operating margin
| Period | Period end | Value | Change (pts) |
|---|---|---|---|
| FY2025 | Dec 31, 2025 | 34.2% | +10.1 |
| FY2024 | Dec 31, 2024 | 24.1% | −7.9 |
| FY2023 | Dec 31, 2023 | 32.0% | +3.6 |
| FY2022 | Dec 31, 2022 | 28.4% | −0.7 |
| FY2021 | Dec 31, 2021 | 29.2% | +3.0 |
| FY2020 | Dec 31, 2020 | 26.1% | −3.4 |
| FY2019 | Dec 31, 2019 | 29.5% | +1.2 |
| FY2018 | Dec 31, 2018 | 28.3% | −1.2 |
| FY2017 | Dec 31, 2017 | 29.5% | +0.3 |
| FY2016 | Dec 31, 2016 | 29.3% | – |
Quarterly operating margin
Change is against the same quarter a year earlier.
| Period | Period end | Value | Change (pts) |
|---|---|---|---|
| Q2 FY2026 | Jun 30, 2026 | 33.7% | −0.4 |
| Q1 FY2026 | Mar 31, 2026 | 27.7% | −10.2 |
| Q4 FY2025 | Dec 31, 2025 | 32.9% | +26.6 |
| Q3 FY2025 | Sep 30, 2025 | 32.3% | −0.8 |
| Q2 FY2025 | Jun 30, 2025 | 34.1% | +1.5 |
| Q1 FY2025 | Mar 31, 2025 | 37.8% | +12.8 |
| Q4 FY2024 | Dec 31, 2024 | 6.3% | −28.2 |
| Q3 FY2024 | Sep 30, 2024 | 33.1% | −1.6 |
| Q2 FY2024 | Jun 30, 2024 | 32.6% | −0.1 |
| Q1 FY2024 | Mar 31, 2024 | 25.0% | −0.2 |
| Q4 FY2023 | Dec 31, 2023 | 34.5% | +13.9 |
| Q3 FY2023 | Sep 30, 2023 | 34.7% | +0.4 |
| Q2 FY2023 | Jun 30, 2023 | 32.7% | +0.5 |
| Q1 FY2023 | Mar 31, 2023 | 25.2% | −1.5 |
| Q4 FY2022 | Dec 31, 2022 | 20.6% | −9.8 |
| Q3 FY2022 | Sep 30, 2022 | 34.3% | +6.4 |
| Q2 FY2022 | Jun 30, 2022 | 32.2% | −1.3 |
| Q1 FY2022 | Mar 31, 2022 | 26.7% | +2.7 |
| Q4 FY2021 | Dec 31, 2021 | 30.3% | −2.6 |
| Q3 FY2021 | Sep 30, 2021 | 28.0% | +0.5 |
| Q2 FY2021 | Jun 30, 2021 | 33.5% | +14.4 |
| Q1 FY2021 | Mar 31, 2021 | 24.0% | +0.2 |
| Q4 FY2020 | Dec 31, 2020 | 33.0% | +2.4 |
| Q3 FY2020 | Sep 30, 2020 | 27.4% | −3.5 |
| Q2 FY2020 | Jun 30, 2020 | 19.1% | −13.0 |
| Q1 FY2020 | Mar 31, 2020 | 23.8% | +0.1 |
| Q4 FY2019 | Dec 31, 2019 | 30.6% | +0.0 |
| Q3 FY2019 | Sep 30, 2019 | 30.9% | +0.2 |
| Q2 FY2019 | Jun 30, 2019 | 32.1% | −0.2 |
| Q1 FY2019 | Mar 31, 2019 | 23.6% | +5.4 |
| Q4 FY2018 | Dec 31, 2018 | 30.5% | +0.4 |
| Q3 FY2018 | Sep 30, 2018 | 30.7% | −2.3 |
| Q2 FY2018 | Jun 30, 2018 | 32.3% | +0.0 |
| Q1 FY2018 | Mar 31, 2018 | 18.2% | −3.5 |
| Q4 FY2017 | Dec 31, 2017 | 30.1% | – |
| Q3 FY2017 | Sep 30, 2017 | 33.0% | – |
| Q2 FY2017 | Jun 30, 2017 | 32.3% | – |
| Q1 FY2017 | Mar 31, 2017 | 21.8% | – |
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