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Lamar Advertising LAMR Reportable Segment — Equity in earnings of investee

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Other financials

Income statement

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Revenue$616.7M+6.5%
Gross profit$422.5M+7.6%
Operating income$208.0M+5.2%
Net income$160.7M+4.1%
EPS (diluted)$1.58+3.9%

Balance sheet

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Cash & equivalents$68.0M+21.9%
Total debt$5.0B+4.4%
Total equity$995.5M+9.8%
Total assets$7.0B+4.8%

Cash flow

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Operating cash flow$252.4M+10.0%
CapEx$42.7M+11.8%
Free cash flow$209.7M+9.6%

Valuation

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Market cap$15.7B+34.9%
Enterprise value$20.61B+26.1%
P/E28.2×+1.8×
P/S6.8×+1.5×

Profitability

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Gross margin67.4%+0.4pp
Operating margin31.8%+4.3pp
Net margin23.9%+4.1pp
FCF margin30.9%-1.6pp

Returns & leverage

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Return on equity58.5%+16.6pp
Debt / equity-0.3×
Current ratio0.6×0.0×

Where this comes from

Reported directly by Lamar Advertising in its filing.

Tagged under the XBRL concept us-gaap:IncomeLossFromEquityMethodInvestments.

The source filing: Lamar Advertising’s 10-Q, filed August 6, 2026.

Filed
Aug 6, 2026, 10:45 AM EDT
Fiscal quarter
Q2 FY2026
Calendar quarter
Q2 2026
Accession
0001090425-26-000024
Line itemThree Months Ended June 30, 2026Three Months Ended June 30, 2025Six Months Ended June 30, 2026Six Months Ended June 30, 2025
Adjusted EBITDA$303,358$278,383$529,686$488,604
Stock-based compensation expense(14,066)(7,148)(25,269)(17,725)
Capitalized contract fulfillment costs, net4293807045
Depreciation and amortization(84,446)(78,110)(166,385)(155,931)
Gain on disposition of assets and investments2,6854,17615,28773,961
Equity in earnings of investee(174)206
Interest expense, net(40,577)(40,103)(80,745)(77,943)
Income before income tax expense$167,383$157,404$273,278$311,177

ITEM 1. — FINANCIAL STATEMENTS

FAQ

What is Lamar Advertising's reportable segment — equity in earnings of investee?
Lamar Advertising (LAMR) reported reportable segment — equity in earnings of investee of $0 in Q2 2026.
How has Lamar Advertising's reportable segment — equity in earnings of investee changed year-over-year?
Lamar Advertising's reportable segment — equity in earnings of investee increased by 100.0% year-over-year, from -$174K to $0.
What is the long-term trend for Lamar Advertising's reportable segment — equity in earnings of investee?
Over 3 years (2022 to 2025), Lamar Advertising's reportable segment — equity in earnings of investee has grown at a -63.7% compound annual growth rate (CAGR), from $4.32M to $206K.
What does reportable segment — equity in earnings of investee mean?
This represents the segment's proportional share of the net income or loss from investments in other entities where the company has significant influence but not full control. It captures the performance of joint ventures or strategic partnerships.

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