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
DateValue
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