Stocktoria

LAMAR ADVERTISING CO/NEW LAMR

Nasdaq · reit · Real Estate Investment Trusts · website · IPO 1996-08-02

LAMAR ADVERTISING CO/NEW statistics & valuation

Market cap$15.9B
P / E27.0×
P / S7.0×
P / B15.5×
P / FCF23.2×
Net margin25.9%
Return on equity57.3%
FCF margin30.1%
Net debt$3.1B
Net debt / EBITDA2.8×
Enterprise value USD$19.0B
EV / EBITDA17.2×
Earnings yield EBIT/EV4.1%
Return on capital12.6%
Graham number -76.7%$36.18

Market cap as of 2026-06-30. Multiples are price-derived and refreshed daily; everything else from the latest financial reports. The Graham number is Benjamin Graham's rough maximum fair value ($36.18); a green figure means the price is below it.

Profitability & efficiency

Net margin (%)
19.90% 20.60% 18.80% 21.20% 15.50% 21.70% 21.60% 23.50% 16.40% 25.90% 2016201720182019202020212022202320242025
Gross margin (%)
2016201720182019202020212022202320242025
Operating margin (%)
29.30% 29.50% 28.30% 29.50% 26.10% 29.20% 28.40% 32.00% 24.10% 34.20% 2016201720182019202020212022202320242025
Return on equity (%)
27.90% 28.80% 27.00% 31.50% 20.20% 31.90% 36.70% 40.70% 34.50% 57.30% 2016201720182019202020212022202320242025
Shares outstanding
97.7M 98.4M 99.1M 100.3M 100.9M 101.3M 101.6M 102.1M 102.6M 101.6M 2016201720182019202020212022202320242025
Net debt ($)
$2.31B $2.44B $2.87B $2.95B $2.64B $2.74B $3.01B $3.05B $2.91B $3.10B 2016201720182019202020212022202320242025
Share buybacks ($)
2016201720182019202020212022202320242025
Return on assets (%)
7.70% 7.50% 6.70% 6.30% 4.20% 6.40% 6.80% 7.60% 5.50% 8.50% 2016201720182019202020212022202320242025
Free cash flow margin (%)
27.60% 25.80% 27.50% 27.90% 32.40% 34.00% 30.20% 28.70% 33.90% 30.10% 2016201720182019202020212022202320242025
Debt / equity (×)
2.20× 2.32× 2.55× 2.52× 2.30× 2.33× 2.56× 2.54× 2.83× 3.09× 2016201720182019202020212022202320242025
EPS ($)
$3.05 $3.23 $3.08 $3.71 $2.41 $3.83 $4.31 $4.85 $3.52 $5.77 2016201720182019202020212022202320242025

Margins and returns computed from annual filings. Falling shares outstanding = buybacks; rising = dilution. Net debt = debt − cash (negative = net cash).

P / E vs its own history

LAMAR ADVERTISING CO/NEW trades at about 26.9× earnings — near its 10-year norm (10-year range 21.6×–35.9×, median 24.8×).

21.6× 35.9×

Shaded band = 10-year range (21.6×–35.9×); dot = today's 26.9×.

Historical P/E = month-end price near each fiscal year-end ÷ that year's EPS. A read on whether the stock is cheap or dear relative to how it has typically been valued — not a forecast.

Key ratios (by fiscal year)

RatioFY2025FY2024FY2023FY2022FY2021FY2020FY2019FY2018FY2017FY2016
Operating margin34.2%24.1%32.0%28.4%29.2%26.1%29.5%28.3%29.5%29.3%
Net margin25.9%16.4%23.5%21.6%21.7%15.5%21.2%18.8%20.6%19.9%
FCF margin30.1%33.9%28.7%30.2%34.0%32.4%27.9%27.5%25.8%27.6%
Return on assets8.5%5.5%7.6%6.8%6.4%4.2%6.3%6.7%7.5%7.7%
Return on equity57.3%34.5%40.7%36.7%31.9%20.2%31.5%27.0%28.8%27.9%
Debt / equity3.09×2.83×2.54×2.56×2.33×2.30×2.52×2.55×2.32×2.20×
Current ratio0.580.550.520.500.590.690.460.801.291.13

Computed from company filings · US · as of 2025-12-31. Facts plus Stocktoria's own computed scores — not investment advice.