Lamar Advertising (LAMR) Debt to Equity (2009 - 2025)
Lamar Advertising (LAMR) reported Debt to Equity of $3.34 for Q4 2025, up 8.89% year-over-year from $3.06 in Q4 2024, and up 4.18% on a QoQ basis from $3.2 in Q3 2025.
Lamar Advertising (LAMR) has 17 years of Debt to Equity data on file, last reported at $3.34 in Q4 2025.
- Quarterly Debt to Equity rose 8.89% year-over-year to $3.34 in Q4 2025, while the trailing twelve-month figure through Dec 2025 was $3.34 (up 8.89% YoY) and the FY2025 annual result came in at $3.34, up 8.89% from the prior year.
- Debt to Equity rose to $3.34 in Q4 2025 per LAMR's latest filing, from $3.2 in the prior quarter.
- Across five years, Debt to Equity topped out at $3.71 in Q2 2025 and bottomed at $2.26 in Q2 2021.
- The 5-year median for Debt to Equity is $2.78 (2022), against an average of $2.8.
- The widest annual swing landed in 2021, when Debt to Equity slipped 23.0%; it then jumped 32.72% in 2025.
- Tracing LAMR's Debt to Equity over 5 years: stood at $2.48 in 2021, then gained by 11.93% to $2.77 in 2022, then slipped by 0.92% to $2.75 in 2023, then increased by 11.58% to $3.06 in 2024, then climbed by 8.89% to $3.34 in 2025.
- Per Business Quant, the three latest LAMR Debt to Equity figures stand at $3.34 (Q4 2025), $3.2 (Q3 2025), and $3.71 (Q2 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Debt/Equity (Qtr) |
|---|---|---|---|---|---|
| 1 | Equinix | 106.10 Bn | 103.07 Bn | 2.20 Bn | 0.13 |
| 2 | American Tower | 85.70 Bn | 92.20 Bn | 2.70 Bn | 10.59 |
| 3 | Digital Realty Trust | 67.00 Bn | 66.16 Bn | - | 0.03 |
| 4 | Crown Castle | 40.17 Bn | 40.12 Bn | 984.00 Mn | -12.86 |
| 5 | Iron Mountain | 37.80 Bn | 37.83 Bn | 1.05 Bn | -18.23 |
| 6 | Sba Communications | 21.99 Bn | 22.08 Bn | 532.10 Mn | -2.73 |
| 7 | Weyerhaeuser | 16.98 Bn | 16.68 Bn | 318.00 Mn | 0.57 |
| 8 | Lamar Advertising | 15.51 Bn | 15.46 Bn | 403.56 Mn | 3.34 |
| 9 | Gaming & Leisure Properties | 13.46 Bn | 13.86 Bn | - | - |
| 10 | OUTFRONT Media | 5.85 Bn | 5.81 Bn | 202.10 Mn | 3.90 |
Historic Data
Download Data| Date | Value |
|---|---|
| Dec 31, 2025 | 3.34 |
| Sep 30, 2025 | 3.20 |
| Jun 30, 2025 | 3.71 |
| Mar 31, 2025 | 3.09 |
| Dec 31, 2024 | 3.06 |
| Sep 30, 2024 | 2.68 |
| Jun 30, 2024 | 2.79 |
| Mar 31, 2024 | 2.87 |
| Dec 31, 2023 | 2.75 |
| Sep 30, 2023 | 2.87 |
| Jun 30, 2023 | 2.90 |
| Mar 31, 2023 | 2.90 |
| Dec 31, 2022 | 2.77 |
| Sep 30, 2022 | 2.52 |
| Jun 30, 2022 | 2.61 |
| Mar 31, 2022 | 2.56 |
| Dec 31, 2021 | 2.48 |
| Sep 30, 2021 | 2.28 |
| Jun 30, 2021 | 2.26 |
| Mar 31, 2021 | 2.40 |
| Dec 31, 2020 | 2.40 |
| Sep 30, 2020 | 2.60 |
| Jun 30, 2020 | 2.81 |
| Mar 31, 2020 | 3.12 |
| Dec 31, 2019 | 2.52 |
| Sep 30, 2019 | 2.61 |
| Jun 30, 2019 | 2.61 |
| Mar 31, 2019 | 2.73 |
| Dec 31, 2018 | 2.55 |
| Sep 30, 2018 | 2.32 |
| Jun 30, 2018 | 2.39 |
| Mar 31, 2018 | 2.53 |
| Dec 31, 2017 | 2.32 |
| Sep 30, 2017 | 2.25 |
| Jun 30, 2017 | 2.23 |
| Mar 31, 2017 | 2.30 |
| Dec 31, 2016 | 2.20 |
| Sep 30, 2016 | 2.25 |
| Jun 30, 2016 | 2.30 |
| Mar 31, 2016 | 2.39 |
| Dec 31, 2015 | 1.85 |
| Sep 30, 2015 | 1.96 |
| Jun 30, 2015 | 1.97 |
| Mar 31, 2015 | 1.99 |
| Dec 31, 2014 | 1.94 |
| Sep 30, 2014 | 2.29 |
| Jun 30, 2014 | 2.18 |
| Mar 31, 2014 | 2.07 |
| Dec 31, 2013 | 2.08 |
| Sep 30, 2013 | 2.30 |
| Jun 30, 2013 | 2.36 |
| Mar 31, 2013 | 2.45 |
| Dec 31, 2012 | 2.51 |
| Sep 30, 2012 | 2.41 |
| Jun 30, 2012 | 2.61 |
| Mar 31, 2012 | 2.66 |
| Dec 31, 2011 | 2.61 |
| Sep 30, 2011 | 2.69 |
| Jun 30, 2011 | 2.78 |
| Mar 31, 2011 | 2.92 |
| Dec 31, 2010 | 2.98 |
| Sep 30, 2010 | 3.03 |
| Jun 30, 2010 | 3.15 |
| Dec 31, 2009 | 3.22 |