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Lamar Advertising LAMR Billboard — Net revenues

Other segment segments

Other
$59.38M-1.9%

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Other financials

Income statement

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Revenue$528.0M+4.5%
Gross profit$344.7M+5.9%
Operating income$146.1M-23.6%
Net income$101.3M-27.0%
EPS (diluted)$1.00-25.9%

Balance sheet

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Cash & equivalents$39.3M+8.7%
Total debt$5.0B+8.9%
Total equity$981.7M-4.8%
Total assets$6.9B+5.6%

Cash flow

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Operating cash flow$147.4M+15.4%
CapEx$33.1M+10.9%
Free cash flow$114.3M+16.8%

Valuation

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Market cap$15.95B+26.8%
Enterprise value$20.87B+20.7%
P/E29×+0.5×
P/S+1.3×

Profitability

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Gross margin67.2%+0.3pp
Operating margin31.8%+4.8pp
Net margin24%+4.9pp
FCF margin30.6%-4.0pp

Returns & leverage

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Return on equity54.6%+16.4pp
Debt / equity+0.6×
Current ratio0.6×0.0×

Where this comes from

Reported directly by Lamar Advertising in its filing.

Tagged under the XBRL concept us-gaap:RevenueFromContractWithCustomerIncludingAssessedTax.

The official record: Lamar Advertising’s 10-Q, filed May 7, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is Lamar Advertising's billboard — net revenues?
Lamar Advertising (LAMR) reported billboard — net revenues of $468.62M in Q1 2026.
How has Lamar Advertising's billboard — net revenues changed year-over-year?
Lamar Advertising's billboard — net revenues increased by 5.3% year-over-year, from $444.9M to $468.62M.
What is the long-term trend for Lamar Advertising's billboard — net revenues?
Over 3 years (2022 to 2025), Lamar Advertising's billboard — net revenues has grown at a 3.5% compound annual growth rate (CAGR), from $1.81B to $2.01B.
What does billboard — net revenues mean?
This metric represents the total gross revenue generated from the leasing of billboard advertising space after accounting for agency commissions and other revenue-related deductions. It serves as the primary indicator of the segment's market demand and pricing power within the outdoor advertising industry. This figure reflects the core top-line performance of the company's physical billboard assets.