Lamar Advertising (LAMR) Capital Expenditures (2009 - 2026)
Lamar Advertising (LAMR) posted quarterly Capital Expenditures of $33.1 million for Q1 2026, up 10.88% year-over-year from $29.9 million in Q1 2025, and down 47.28% quarter-over-quarter from $62.9 million in Q4 2025.
Lamar Advertising (LAMR) Capital Expenditures (2009 - 2026) Analysis & Trends
Lamar Advertising (LAMR) has reported Capital Expenditures for 18 consecutive years, with $33.1 million the latest figure, recorded in Q1 2026.
- In Q1 2026, Capital Expenditures rose 10.88% year-over-year to $33.1 million; the TTM figure through Mar 2026 stood at $184.1 million (up 46.44% YoY), while the FY2025 annual figure was $180.8 million, up 44.31% from the prior year.
- Capital Expenditures declined to $33.1 million in Q1 2026 per LAMR's latest filing, from $62.9 million in the prior quarter.
- Across five years, Capital Expenditures topped out at $62.9 million in Q4 2025 and bottomed at $22.6 million in Q2 2024.
- Historically, Capital Expenditures has averaged $40.3 million across 5 years, with a median of $41.0 million in 2022.
- Annual changes were most pronounced in 2022 — Capital Expenditures surged 87.54% — and 2024, when it sank 55.35%.
- Lamar Advertising's Capital Expenditures stood at $50.3 million in 2022, then fell by 8.26% to $46.1 million in 2023, then declined by 6.73% to $43.0 million in 2024, then surged by 46.14% to $62.9 million in 2025, then sank by 47.28% to $33.1 million in 2026.
- Business Quant data shows LAMR's Capital Expenditures at $33.1 million in Q1 2026, $62.9 million in Q4 2025, and $49.8 million in Q3 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Capex (Qtr) |
|---|---|---|---|---|---|
| 1 | Equinix | 105.31 Bn | 103.09 Bn | 1.40 Bn | 1.58 Bn |
| 2 | American Tower | 82.09 Bn | 80.33 Bn | 2.72 Bn | 320.90 Mn |
| 3 | Digital Realty Trust | 67.52 Bn | 65.65 Bn | - | 914.19 Mn |
| 4 | Iron Mountain | 36.32 Bn | 36.11 Bn | 1.07 Bn | 588.19 Mn |
| 5 | Crown Castle | 32.65 Bn | 31.61 Bn | 989.00 Mn | 59.00 Mn |
| 6 | Sba Communications | 19.42 Bn | 19.42 Bn | 539.27 Mn | 62.42 Mn |
| 7 | Weyerhaeuser | 17.62 Bn | 17.09 Bn | 311.00 Mn | 8.00 Mn |
| 8 | Lamar Advertising | 15.20 Bn | 15.13 Bn | 422.53 Mn | 42.72 Mn |
| 9 | Gaming & Leisure Properties | 12.44 Bn | 12.44 Bn | - | 184.75 Mn |
| 10 | Rayonier | 6.34 Bn | 5.92 Bn | 75.67 Mn | 5.03 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 33.14 Mn |
| Mar 31, 2026 | 33.14 Mn |
| Dec 31, 2025 | 62.86 Mn |
| Dec 31, 2025 | 62.86 Mn |
| Sep 30, 2025 | 49.85 Mn |
| Sep 30, 2025 | 49.85 Mn |
| Jun 30, 2025 | 38.20 Mn |
| Jun 30, 2025 | 38.20 Mn |
| Mar 31, 2025 | 29.89 Mn |
| Mar 31, 2025 | 29.89 Mn |
| Dec 31, 2024 | 43.01 Mn |
| Dec 31, 2024 | 43.01 Mn |
| Sep 30, 2024 | 30.14 Mn |
| Sep 30, 2024 | 30.14 Mn |
| Jun 30, 2024 | 22.65 Mn |
| Jun 30, 2024 | 22.65 Mn |
| Mar 31, 2024 | 29.48 Mn |
| Mar 31, 2024 | 29.48 Mn |
| Dec 31, 2023 | 46.12 Mn |
| Dec 31, 2023 | 46.12 Mn |