Lamar Advertising (LAMR) Capital Expenditures (2009 - 2026)
Lamar Advertising's Capital Expenditures came in at $42.72 million for Q2 2026, up 11.8% from $38.2 million a year earlier and up 28.9% from the prior quarter.
Lamar Advertising (LAMR) Capital Expenditures (2009 - 2026) Analysis & Trends
Over the trailing twelve months to Jun 30, 2026, Lamar Advertising reported Capital Expenditures of $188.57 million, up 33.5% year-over-year; for FY2025, it came in at $180.8 million, up 44.3% from FY2024.
- Capital Expenditures carries a five-year compound annual growth rate of 23.8% (FY2020 to FY2025).
- Going back by year, Capital Expenditures was $125.28 million in FY2024 (-29.7%), $178.27 million in FY2023 (+6.7%), $167.08 million in FY2022 (+32.5%) and $126.09 million in FY2021 (+102.5%).
- The five-year range for quarterly Capital Expenditures is $22.65 million (Q2 2024) to $62.86 million (Q4 2025).
- Year-over-year, Capital Expenditures has increased for six consecutive quarters, with growth averaging 21.8% over the last eight quarters.
- The fastest year-over-year change in Capital Expenditures over five years came in Q3 2021 (growth of 260.1%), and the weakest in Q2 2024 (a decline of 55.3%).
- Business Quant data shows LAMR's Capital Expenditures at $33.14 million (Q1 2026), $62.86 million (Q4 2025) and $49.85 million (Q3 2025) in the three quarters before Q2 2026.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Capex (Qtr) |
|---|---|---|---|---|---|
| 1 | American Tower | 78.00 Bn | 77.74 Bn | 2.72 Bn | 320.90 Mn |
| 2 | Digital Realty Trust | 65.33 Bn | 55.85 Bn | - | 914.19 Mn |
| 3 | Crown Castle | 28.57 Bn | 27.31 Bn | 989.00 Mn | 59.00 Mn |
| 4 | Sba Communications | 17.27 Bn | 17.36 Bn | 539.27 Mn | 62.42 Mn |
| 5 | Lamar Advertising | 12.72 Bn | 12.54 Bn | 422.53 Mn | 42.72 Mn |
| 6 | OUTFRONT Media | 4.93 Bn | 4.69 Bn | 276.40 Mn | 17.20 Mn |
| 7 | Array Digital Infrastructure | 2.93 Bn | 1.83 Bn | 30.57 Mn | 5.81 Mn |
| 8 | IHS Holding | 2.81 Bn | -54.39 Mn | 207.10 Mn | -29.10 Mn |
| 9 | Fermi | 2.73 Bn | 1.87 Bn | - | 184.97 Mn |
| 10 | Clear Channel Outdoor Holdings | 1.19 Bn | 478.09 Mn | 241.86 Mn | 19.32 Mn |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 42.72 Mn |
| Mar 31, 2026 | 33.14 Mn |
| Dec 31, 2025 | 62.86 Mn |
| Sep 30, 2025 | 49.85 Mn |
| Jun 30, 2025 | 38.20 Mn |
| Mar 31, 2025 | 29.89 Mn |
| Dec 31, 2024 | 43.01 Mn |
| Sep 30, 2024 | 30.14 Mn |
| Jun 30, 2024 | 22.65 Mn |
| Mar 31, 2024 | 29.48 Mn |
| Dec 31, 2023 | 46.12 Mn |
| Sep 30, 2023 | 39.15 Mn |
| Jun 30, 2023 | 50.72 Mn |
| Mar 31, 2023 | 42.29 Mn |
| Dec 31, 2022 | 50.27 Mn |
| Sep 30, 2022 | 41.01 Mn |
| Jun 30, 2022 | 47.04 Mn |
| Mar 31, 2022 | 28.76 Mn |
| Dec 31, 2021 | 54.58 Mn |
| Sep 30, 2021 | 30.10 Mn |
Lamar Advertising Capital Expenditures API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=capital-expenditures&ticker=LAMR&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "capital-expenditures", "ticker": "LAMR", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()
const res = await fetch("https://data.businessquant.com/historic?slug=capital-expenditures&ticker=LAMR&period=max&api_key=YOUR_API_KEY");
const data = await res.json();