Lamar Advertising Co revenue
Lamar Advertising Co's revenue was $2.27bn in fiscal 2025, up 2.7% on the year before. Since fiscal 2016 ($1.50bn) it has grown at a compound 4.7% a year. Over the last twelve months it was $2.33bn.
Revenue history
| Fiscal year | 2016Dec 2016 | 2017Dec 2017 | 2018Dec 2018 | 2019Dec 2019 | 2020Dec 2020 | 2021Dec 2021 | 2022Dec 2022 | 2023Dec 2023 | 2024Dec 2024 | 2025Dec 2025 | LTMJun 2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 1,500 | 1,541 | 1,627 | 1,754 | 1,569 | 1,787 | 2,032 | 2,111 | 2,207 | 2,266 | 2,326 |
| Growth on the year before | — | +2.7% | +5.6% | +7.8% | −10.5% | +13.9% | +13.7% | +3.9% | +4.6% | +2.7% | — |
| Gross profit | 975 | 1,000 | 1,065 | 1,164 | 1,011 | 1,211 | 1,365 | 1,414 | 1,479 | 1,519 | 1,569 |
| Gross margin | 65.0% | 64.9% | 65.5% | 66.4% | 64.5% | 67.7% | 67.2% | 67.0% | 67.0% | 67.0% | 67.4% |
Where the revenue comes from
| Line of business | Revenue | Share | YoY |
|---|---|---|---|
| Reportable Segment Aggregation Before Other Operating | $2B | 88.9% | ▲ 2.9% |
| All Other Segments | $252M | 11.1% | ▲ 0.6% |
From Lamar Advertising Co's 10-K filed February 20, 2026, as tagged in the filing. View filing. Indented rows are part of the line above; their share is of that line. In the bars, the faint bar behind is the year before.
Revenue against peers
| Company | Revenue | Growth | 3-year growth a year |
|---|---|---|---|
| Lamar Advertising Co | $2.33bn | 4.4% | 3.9% |
| Outfront Media Inc. | $1.93bn | 7.6% | 2.2% |
| EPR Properties | $764m | 7.3% | 2.4% |
| Iron Mountain | $7.56bn | 17.4% | 13.0% |
| Innovative Industrial Properties Inc | $264m | -8.4% | -3.6% |
| Farmland Partners Inc. | $50.0m | -5.6% | -4.7% |
Compare with peers
- Outfront Media Inc. revenue
- EPR Properties revenue
- Iron Mountain revenue
- Innovative Industrial Properties Inc revenue
- Farmland Partners Inc. revenue
Head to head: LAMR vs OUTEPR vs LAMRIRM vs LAMR
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