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Lamar Advertising LAMR Transit advertising — Net revenues

Other product segments

Billboard advertising
$468.62M+5.3%
Logo advertising
$23.01M+6.3%

Similar metrics at other companies

OUTFRONT Media logo
OUTTransit — Transit Revenue
$107.8M+10.4%
OUTFRONT Media logo
OUTOther Revenues — Transit
$1.7M-26.1%
OUTFRONT Media logo
OUTTransit Operating Segment — Revenue
$95M+22.3%
OUTFRONT Media logo
OUTOther — Transit Revenue
$9.33M-4.8%
OUTFRONT Media logo
OUTDigital displays — Transit Revenue
$53.7M+29.5%
OUTFRONT Media logo
OUTStatic displays — Transit Revenue
$44.78M-3.5%

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 transit advertising — net revenues?
Lamar Advertising (LAMR) reported transit advertising — net revenues of $36.38M in Q1 2026.
How has Lamar Advertising's transit advertising — net revenues changed year-over-year?
Lamar Advertising's transit advertising — net revenues decreased by 6.5% year-over-year, from $38.9M to $36.38M.
What does transit advertising — net revenues mean?
This metric represents the total revenue generated from advertising placements on transit-related assets, including buses, transit shelters, benches, and airport terminals. It reflects the company's ability to monetize high-traffic public infrastructure and transit networks through short-term advertising contracts. This revenue stream is distinct from traditional billboard advertising and is sensitive to public transit ridership levels and urban mobility trends.