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 | 76.26 Bn | 75.99 Bn | 2.72 Bn |
| 2 | Digital Realty Trust | 64.98 Bn | 55.50 Bn | - |
| 3 | Crown Castle | 28.39 Bn | 27.14 Bn | 989.00 Mn |
| 4 | Sba Communications | 16.99 Bn | 17.07 Bn | 539.27 Mn |
| 5 | Lamar Advertising | 12.56 Bn | 12.38 Bn | 422.53 Mn |
| 6 | OUTFRONT Media | 4.89 Bn | 4.65 Bn | 276.40 Mn |
| 7 | Array Digital Infrastructure | 2.92 Bn | 1.81 Bn | 30.57 Mn |
| 8 | IHS Holding | 2.80 Bn | -57.74 Mn | 207.10 Mn |
| 9 | Fermi | 2.69 Bn | 1.82 Bn | - |
| 10 | Clear Channel Outdoor Holdings | 1.20 Bn | 488.27 Mn | 241.86 Mn |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 12.58 |
| Mar 31, 2026 | 10.38 |
| Dec 31, 2025 | 9.95 |
| Sep 30, 2025 | 9.73 |
| Jun 30, 2025 | 9.72 |
| Mar 31, 2025 | 9.37 |
| Dec 31, 2024 | 10.72 |
| Sep 30, 2024 | 11.90 |
| Jun 30, 2024 | 10.57 |
| Mar 31, 2024 | 10.70 |
| Dec 31, 2023 | 9.57 |
| Sep 30, 2023 | 7.54 |
| Jun 30, 2023 | 9.12 |
| Mar 31, 2023 | 9.36 |
| Dec 31, 2022 | 8.83 |
| Sep 30, 2022 | 8.04 |
| Jun 30, 2022 | 8.84 |
| Mar 31, 2022 | 12.02 |
| Dec 31, 2021 | 13.17 |
| Sep 30, 2021 | 12.49 |
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();