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% quarter-over-quarter from $3.2 in Q3 2025.
Lamar Advertising (LAMR) Debt to Equity (2009 - 2025) Analysis & Trends
Lamar Advertising (LAMR) has 17 years of Debt to Equity data on file, last reported at $3.34 in Q4 2025.
- Debt to Equity for Q4 2025 came in at $3.34, up 8.89% year-over-year; the trailing twelve-month figure through Dec 2025 was $3.34 (up 8.89% YoY), and the FY2025 annual result was $3.34, up 8.89% from the prior year.
- Debt to Equity improved to $3.34 in Q4 2025 per LAMR's latest filing, from $3.2 in the prior quarter.
- Over five years, Debt to Equity peaked at $3.71 in Q2 2025 and troughed at $2.26 in Q2 2021.
- A 5-year average of $2.8 and a median of $2.78 in 2022 frame the typical range for Debt to Equity.
- The sharpest annual moves came in 2021 and 2025: Debt to Equity declined 23.0% in 2021, then soared 32.72% in 2025.
- A 5-year view of Debt to Equity shows it stood at $2.48 in 2021, then climbed by 11.93% to $2.77 in 2022, then declined by 0.92% to $2.75 in 2023, then gained by 11.58% to $3.06 in 2024, then increased by 8.89% to $3.34 in 2025.
- Business Quant data shows LAMR's Debt to Equity at $3.34 in Q4 2025, $3.2 in Q3 2025, and $3.71 in Q2 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Debt/Equity (Qtr) |
|---|---|---|---|---|---|
| 1 | Equinix | 104.53 Bn | 101.50 Bn | 2.20 Bn | 0.13 |
| 2 | American Tower | 86.20 Bn | 92.70 Bn | 2.70 Bn | 10.59 |
| 3 | Digital Realty Trust | 63.76 Bn | 62.92 Bn | - | 0.03 |
| 4 | Crown Castle | 38.57 Bn | 38.52 Bn | 984.00 Mn | -12.86 |
| 5 | Iron Mountain | 37.41 Bn | 37.43 Bn | 1.05 Bn | -18.23 |
| 6 | Sba Communications | 20.70 Bn | 20.79 Bn | 532.10 Mn | -2.73 |
| 7 | Weyerhaeuser | 17.74 Bn | 17.44 Bn | 318.00 Mn | 0.57 |
| 8 | Lamar Advertising | 15.68 Bn | 15.63 Bn | 403.56 Mn | 3.34 |
| 9 | Gaming & Leisure Properties | 13.22 Bn | 13.62 Bn | - | - |
| 10 | OUTFRONT Media | 5.51 Bn | 5.47 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 |