What is Lamar Advertising's billboard — adjusted ebitda?

Lamar Advertising (LAMR) reported billboard — adjusted ebitda of $241.11M in Q1 2026.

How has Lamar Advertising's billboard — adjusted ebitda changed year-over-year?

Lamar Advertising's billboard — adjusted ebitda increased by 5.8% year-over-year, from $227.97M to $241.11M.

What is the long-term trend for Lamar Advertising's billboard — adjusted ebitda?

Over 3 years (2022 to 2025), Lamar Advertising's billboard — adjusted ebitda has grown at a 4.3% compound annual growth rate (CAGR), from $984.71M to $1.12B.

What does billboard — adjusted ebitda mean?

A measure of the billboard segment's core operational profitability, excluding non-cash and non-recurring expenses.

Business Segments · Adjusted EBITDA

Billboard — Adjusted EBITDA

Lamar Advertising Billboard — Adjusted EBITDA decreased by 19.9% to $241.11M in Q1 2026 compared to the prior quarter. Year-over-year, this metric grew by 5.8%, from $227.97M to $241.11M. Over 3 years (FY 2022 to FY 2025), Billboard — Adjusted EBITDA shows an upward trend with a 4.3% CAGR. This decline may warrant attention — for this metric, higher values are generally preferred.

Analysis

StatementSegment

CategoryProfitability

SignalHigher is better

VolatilityModerate

First reportedQ1 2022

Last reportedQ1 2026May 7, 2026

How to read this metric

An increase reflects improved operational margins and better cost management, while a decrease suggests margin compression or rising operational overhead.

Detailed definition

This metric measures the profitability of the billboard segment by excluding non-cash items like depreciation and amorti...

Peer comparison

Comparable to 'Segment Adjusted EBITDA' or 'Segment Operating Income' used by other REITs and media companies to evaluate core business performance.

Metric ID: lamr_segment_billboard_adjusted_ebitda

Historical Data

17 periods

	Q1 '22	Q2 '22	Q3 '22	Q4 '22	Q1 '23	Q2 '23	Q3 '23	Q4 '23	Q1 '24	Q2 '24	Q3 '24	Q4 '24	Q1 '25	Q2 '25	Q3 '25	Q4 '25	Q1 '26
Value	$246.18M	$246.18M	$246.18M	$246.18M	$256.23M	$256.23M	$256.23M	$256.23M	$229.48M	$283.09M	$282.70M	$290.28M	$227.97M	$290.43M	$297.26M	$301.05M	$241.11M
QoQ Change	—	+0.0%	+0.0%	+0.0%	+4.1%	+0.0%	+0.0%	+0.0%	-10.4%	+23.4%	-0.1%	+2.7%	-21.5%	+27.4%	+2.4%	+1.3%	-19.9%
YoY Change	—	—	—	—	+4.1%	+4.1%	+4.1%	+4.1%	-10.4%	+10.5%	+10.3%	+13.3%	-0.7%	+2.6%	+5.2%	+3.7%	+5.8%

Range$227.97M – $301.05M

CAGR-0.5%

Avg YoY Growth+4.4%

Median YoY Growth+4.1%

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Frequently Asked Questions

What is Lamar Advertising's billboard — adjusted ebitda?: Lamar Advertising (LAMR) reported billboard — adjusted ebitda of $241.11M in Q1 2026.
How has Lamar Advertising's billboard — adjusted ebitda changed year-over-year?: Lamar Advertising's billboard — adjusted ebitda increased by 5.8% year-over-year, from $227.97M to $241.11M.
What is the long-term trend for Lamar Advertising's billboard — adjusted ebitda?: Over 3 years (2022 to 2025), Lamar Advertising's billboard — adjusted ebitda has grown at a 4.3% compound annual growth rate (CAGR), from $984.71M to $1.12B.
What does billboard — adjusted ebitda mean?: A measure of the billboard segment's core operational profitability, excluding non-cash and non-recurring expenses.