# Lamar Advertising Company (LAMR) fundamentals

Data as of 2026-09-08. NASDAQ, United States. Sector: Real Estate / Equity Real Estate Investment Trusts (REITs). Price $150.76, market value $15.3 billion.

## Valuation
- **P/E (trailing): 27.6×** (5-yr avg 23.3×, 3-yr avg 24.3×). Lamar Advertising Company trades at 27.6× trailing earnings, close to its own five-year average of 23.3×. The Real Estate median in the September 2026 study was 25.2×. Forward P/E is 23.3×, lower than trailing, so analysts expect earnings to grow.
- **PEG: 0.36**. A PEG of 0.36 means the P/E is low relative to expected earnings growth: the market is not paying much for that growth.
- **Price / sales: 6.6×**. Each dollar of revenue is priced at 6.6×.
- **Price / book: 15.6×**. The shares trade at 15.6× book value; most of the value is in earnings power and intangibles rather than the balance sheet.
- **EV / EBITDA: 17.3×**. Enterprise value is 17.3× operating earnings before depreciation, the multiple that ignores how the company is financed.
- **Free-cash-flow yield: 4.7%** (5-yr avg 6.4%). Free cash flow equals 4.7% of the market value, below its five-year average of 6.4%, so the shares are pricier on cash than usual.
- **Earnings yield: 3.6%**. The inverse of the P/E: 3.6% of the price is earned each year.

## Profitability
- **Operating margin: 31.8%**. 31.8% of revenue is left after running the business, an exceptional level.
- **Net margin: 25.9%**. 25.9% of each dollar of sales reaches the bottom line.
- **Return on equity: 57.3%**. A 57.3% return on equity is extremely high; check whether buybacks or debt have shrunk the equity base, which flatters the ratio.
- **Return on invested capital: 13.3%**. Return on all capital, debt included, is 13.3%.
- **Return on assets: 8.0%**. Each dollar of assets produces 8.0% of profit.

## Growth
- **Revenue growth (1 yr): 2.7%** (3-yr 3.7%/yr, 5-yr 7.6%/yr). Revenue grew 2.7% over the last year, against 7.6% a year compounded over five years: growth is slowing.
- **EPS growth (1 yr): 63.9%** (3-yr 10.2%/yr, 5-yr 19.1%/yr). Earnings per share rose 63.9%, faster than revenue, so margins expanded or the share count shrank.
- **Free-cash-flow growth (3 yr): 3.6%/yr**. Free cash flow has compounded at 3.6% a year over three years, lagging earnings: check whether profits are turning into cash.

## Financial health
- **Debt to equity: 3.34**. Debt is 3.34 times equity, a leveraged balance sheet, which is normal for real estate.
- **Net debt / EBITDA: 3.1×**. It would take 3.1 years of operating earnings to repay net borrowings, above the 3× level most lenders treat as comfortable.
- **Altman Z-score: 2.46**. A Z-score of 2.46 is in the grey zone; not distressed, not clearly safe.
- **Piotroski F-score: 5/9**. 5 of 9 checks pass: mixed.

## Dividends
- **Dividend yield: 4.38%** ($6.30 per share, trailing). Lamar Advertising Company yields 4.38%, an income-level yield.
- **Consecutive years of increases: 5**. 5 straight years of increases.
- **Dividend growth (5 yr): 20.9%/yr** (1-yr 14.2%). The dividend has compounded at 20.9% a year over five years, doubling roughly every 3 years at that pace.

## Price and momentum
- **Total return (1 yr): 23.7%** (YTD 21.8%, 3-mo 0.6%). The shares are up 23.7% over twelve months including dividends.
- **From 52-week high: -9.4%** (31.7% above the low). Trading 9% below its 52-week high.
- **200-day average: above**. The price sits above its 200-day moving average, the usual definition of an uptrend.
- **RSI (14-day): 42**. An RSI of 42 is neutral.
- **Beta (1 yr): 0.37** (volatility 21%). Beta of 0.37 against the S&P 500: the shares move much less than the market.

Live score and charts: https://foliofundamentals.com/analyzer?s=LAMR · Page: https://foliofundamentals.com/stocks/lamr

Not investment advice.