Lamar Advertising (LAMR) EV to EBITDA (2010 - 2026)
Lamar Advertising's EV to EBITDA came in at 12.58 for Q2 2026, up 29.5% from 9.72 a year earlier and up 21.2% from the prior quarter.
Lamar Advertising (LAMR) EV to EBITDA (2010 - 2026) Analysis & Trends
Over the trailing twelve months to Jun 30, 2026, Lamar Advertising reported EV to EBITDA of 12.46, up 29.7% year-over-year; for FY2025, it came in at 9.95, down 7.1% from FY2024.
- Going back by year, EV to EBITDA was 10.72 in FY2024 (+12.0%), 9.57 in FY2023 (+8.3%), 8.83 in FY2022 (-32.9%) and 13.17 in FY2021 (+23.1%).
- The Q2 2026 figure represents the highest quarterly EV to EBITDA since Q4 2021.
- Year-over-year, EV to EBITDA increased in four of the last eight quarters, with growth averaging 8.0%.
- The fastest year-over-year change in EV to EBITDA over five years came in Q3 2024 (growth of 57.7%), and the weakest in Q3 2022 (a decline of 35.6%).
- Business Quant data shows LAMR's EV to EBITDA at 10.38 (Q1 2026), 9.95 (Q4 2025) and 9.73 (Q3 2025) in the three quarters before Q2 2026.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | American Tower | 88.05 Bn | 87.79 Bn | 2.72 Bn |
| 2 | Digital Realty Trust | 63.77 Bn | 54.30 Bn | - |
| 3 | Crown Castle | 36.64 Bn | 35.39 Bn | 989.00 Mn |
| 4 | Sba Communications | 19.60 Bn | 18.25 Bn | 539.27 Mn |
| 5 | Lamar Advertising | 13.51 Bn | 13.33 Bn | 422.53 Mn |
| 6 | OUTFRONT Media | 5.47 Bn | 5.23 Bn | 276.40 Mn |
| 7 | Array Digital Infrastructure | 2.90 Bn | 1.80 Bn | 30.57 Mn |
| 8 | IHS Holding | 2.83 Bn | -733.80 Mn | 207.10 Mn |
| 9 | Fermi | 1.63 Bn | 765.63 Mn | - |
| 10 | Clear Channel Outdoor Holdings | 1.23 Bn | 518.82 Mn | 241.86 Mn |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 12.50 |
| Mar 31, 2026 | 10.32 |
| Dec 31, 2025 | 9.89 |
| Sep 30, 2025 | 9.67 |
| Jun 30, 2025 | 9.66 |
| Mar 31, 2025 | 9.32 |
| Dec 31, 2024 | 10.65 |
| Sep 30, 2024 | 11.82 |
| Jun 30, 2024 | 10.50 |
| Mar 31, 2024 | 10.63 |
| Dec 31, 2023 | 9.50 |
| Sep 30, 2023 | 7.49 |
| Jun 30, 2023 | 9.05 |
| Mar 31, 2023 | 9.30 |
| Dec 31, 2022 | 8.77 |
| Sep 30, 2022 | 7.98 |
| Jun 30, 2022 | 8.78 |
| Mar 31, 2022 | 11.93 |
| Dec 31, 2021 | 13.07 |
| Sep 30, 2021 | 12.39 |
Lamar Advertising EV to EBITDA 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=ev-to-ebitda&ticker=LAMR&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "ev-to-ebitda", "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=ev-to-ebitda&ticker=LAMR&period=max&api_key=YOUR_API_KEY");
const data = await res.json();