Lamar Advertising (LAMR) Free Cash Flow (2009 - 2025)
Lamar Advertising (LAMR) reported Free Cash Flow of $208.3 million for Q4 2025, down 11.85% year-over-year from $236.3 million in Q4 2024, and up 12.1% on a QoQ basis from $185.8 million in Q3 2025.
Lamar Advertising (LAMR) has 17 years of Free Cash Flow data on file, last reported at $208.3 million in Q4 2025.
- Quarterly Free Cash Flow fell 11.85% year-over-year to $208.3 million in Q4 2025, while the trailing twelve-month figure through Dec 2025 was $683.2 million (down 8.7% YoY) and the FY2025 annual result came in at $683.2 million, down 8.7% from the prior year.
- Free Cash Flow rose to $208.3 million in Q4 2025 per LAMR's latest filing, from $185.8 million in the prior quarter.
- Across five years, Free Cash Flow topped out at $236.3 million in Q4 2024 and bottomed at $66.4 million in Q1 2023.
- The 5-year median for Free Cash Flow is $183.4 million (2022), against an average of $163.0 million.
- The widest annual swing landed in 2021, when Free Cash Flow jumped 79.96%; it then slipped 18.15% in 2025.
- Tracing LAMR's Free Cash Flow over 5 years: stood at $191.6 million in 2021, then gained by 1.37% to $194.2 million in 2022, then rose by 7.12% to $208.1 million in 2023, then rose by 13.56% to $236.3 million in 2024, then slipped by 11.85% to $208.3 million in 2025.
- Per Business Quant, the three latest LAMR Free Cash Flow figures stand at $208.3 million (Q4 2025), $185.8 million (Q3 2025), and $191.3 million (Q2 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Free Cash Flow (Qtr) |
|---|---|---|---|---|---|
| 1 | Equinix | 106.10 Bn | 103.07 Bn | 2.20 Bn | 594.00 Mn |
| 2 | American Tower | 85.70 Bn | 92.20 Bn | 2.70 Bn | 951.10 Mn |
| 3 | Digital Realty Trust | 67.00 Bn | 66.16 Bn | - | -337.62 Mn |
| 4 | Crown Castle | 40.17 Bn | 40.12 Bn | 984.00 Mn | 452.00 Mn |
| 5 | Iron Mountain | 37.80 Bn | 37.83 Bn | 1.05 Bn | 36.65 Mn |
| 6 | Sba Communications | 21.99 Bn | 22.08 Bn | 532.10 Mn | 206.69 Mn |
| 7 | Weyerhaeuser | 16.98 Bn | 16.68 Bn | 318.00 Mn | 29.00 Mn |
| 8 | Lamar Advertising | 15.51 Bn | 15.46 Bn | 403.56 Mn | 208.30 Mn |
| 9 | Gaming & Leisure Properties | 13.46 Bn | 13.86 Bn | - | 158.75 Mn |
| 10 | OUTFRONT Media | 5.85 Bn | 5.81 Bn | 202.10 Mn | 72.00 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Dec 31, 2025 | 208.30 Mn |
| Dec 31, 2025 | 208.30 Mn |
| Sep 30, 2025 | 185.81 Mn |
| Sep 30, 2025 | 185.81 Mn |
| Jun 30, 2025 | 191.29 Mn |
| Jun 30, 2025 | 191.29 Mn |
| Mar 31, 2025 | 97.86 Mn |
| Mar 31, 2025 | 97.86 Mn |
| Dec 31, 2024 | 236.30 Mn |
| Dec 31, 2024 | 236.30 Mn |
| Sep 30, 2024 | 197.25 Mn |
| Sep 30, 2024 | 197.25 Mn |
| Jun 30, 2024 | 233.69 Mn |
| Jun 30, 2024 | 233.69 Mn |
| Mar 31, 2024 | 81.08 Mn |
| Mar 31, 2024 | 81.08 Mn |
| Dec 31, 2023 | 208.07 Mn |
| Dec 31, 2023 | 208.07 Mn |
| Sep 30, 2023 | 183.40 Mn |
| Sep 30, 2023 | 183.40 Mn |
| Jun 30, 2023 | 147.44 Mn |
| Jun 30, 2023 | 147.44 Mn |
| Mar 31, 2023 | 66.43 Mn |
| Mar 31, 2023 | 66.43 Mn |
| Dec 31, 2022 | 194.24 Mn |
| Dec 31, 2022 | 194.24 Mn |
| Sep 30, 2022 | 183.47 Mn |
| Sep 30, 2022 | 183.47 Mn |
| Jun 30, 2022 | 163.55 Mn |
| Jun 30, 2022 | 163.55 Mn |
| Mar 31, 2022 | 73.28 Mn |
| Mar 31, 2022 | 73.28 Mn |
| Dec 31, 2021 | 191.61 Mn |
| Dec 31, 2021 | 191.61 Mn |
| Sep 30, 2021 | 172.88 Mn |
| Sep 30, 2021 | 172.88 Mn |
| Jun 30, 2021 | 176.86 Mn |
| Jun 30, 2021 | 176.86 Mn |
| Mar 31, 2021 | 66.99 Mn |
| Mar 31, 2021 | 66.99 Mn |
| Dec 31, 2020 | 190.78 Mn |
| Dec 31, 2020 | 190.78 Mn |
| Sep 30, 2020 | 142.42 Mn |
| Sep 30, 2020 | 142.42 Mn |
| Jun 30, 2020 | 137.18 Mn |
| Jun 30, 2020 | 137.18 Mn |
| Mar 31, 2020 | 37.22 Mn |
| Mar 31, 2020 | 37.22 Mn |
| Dec 31, 2019 | 179.62 Mn |
| Dec 31, 2019 | 179.62 Mn |
| Sep 30, 2019 | 133.80 Mn |
| Sep 30, 2019 | 133.80 Mn |
| Jun 30, 2019 | 141.71 Mn |
| Jun 30, 2019 | 141.71 Mn |
| Mar 31, 2019 | 34.78 Mn |
| Mar 31, 2019 | 34.78 Mn |
| Dec 31, 2018 | 159.29 Mn |
| Dec 31, 2018 | 159.29 Mn |
| Sep 30, 2018 | 124.60 Mn |
| Sep 30, 2018 | 124.60 Mn |
| Jun 30, 2018 | 145.79 Mn |
| Jun 30, 2018 | 145.79 Mn |
| Mar 31, 2018 | 17.52 Mn |
| Mar 31, 2018 | 17.52 Mn |
| Dec 31, 2017 | 151.50 Mn |
| Dec 31, 2017 | 151.50 Mn |
| Sep 30, 2017 | 99.28 Mn |
| Sep 30, 2017 | 99.28 Mn |
| Jun 30, 2017 | 131.66 Mn |
| Jun 30, 2017 | 131.66 Mn |
| Mar 31, 2017 | 15.26 Mn |
| Mar 31, 2017 | 15.26 Mn |
| Dec 31, 2016 | 155.21 Mn |
| Dec 31, 2016 | 155.21 Mn |
| Sep 30, 2016 | 99.49 Mn |
| Sep 30, 2016 | 99.49 Mn |
| Jun 30, 2016 | 128.59 Mn |
| Jun 30, 2016 | 128.59 Mn |
| Mar 31, 2016 | 30.92 Mn |
| Mar 31, 2016 | 30.92 Mn |
| Dec 31, 2015 | 134.52 Mn |
| Dec 31, 2015 | 134.52 Mn |
| Sep 30, 2015 | 100.85 Mn |
| Sep 30, 2015 | 100.85 Mn |
| Jun 30, 2015 | 106.16 Mn |
| Jun 30, 2015 | 106.16 Mn |
| Mar 31, 2015 | 25.69 Mn |
| Mar 31, 2015 | 25.69 Mn |
| Dec 31, 2014 | 125.63 Mn |
| Dec 31, 2014 | 125.63 Mn |
| Sep 30, 2014 | 100.15 Mn |
| Sep 30, 2014 | 100.15 Mn |
| Jun 30, 2014 | 78.99 Mn |
| Jun 30, 2014 | 78.99 Mn |
| Mar 31, 2014 | 40.19 Mn |
| Mar 31, 2014 | 40.19 Mn |
| Dec 31, 2013 | 72.05 Mn |
| Dec 31, 2013 | 72.05 Mn |
| Sep 30, 2013 | 117.77 Mn |
| Sep 30, 2013 | 117.77 Mn |
| Jun 30, 2013 | 73.30 Mn |
| Jun 30, 2013 | 73.30 Mn |
| Mar 31, 2013 | 25.93 Mn |
| Mar 31, 2013 | 25.93 Mn |
| Dec 31, 2012 | 94.74 Mn |
| Dec 31, 2012 | 94.74 Mn |
| Sep 30, 2012 | 91.12 Mn |
| Sep 30, 2012 | 91.12 Mn |
| Jun 30, 2012 | 67.53 Mn |
| Jun 30, 2012 | 67.53 Mn |
| Mar 31, 2012 | 16.96 Mn |
| Mar 31, 2012 | 16.96 Mn |
| Dec 31, 2011 | 72.23 Mn |
| Dec 31, 2011 | 72.23 Mn |
| Sep 30, 2011 | 83.74 Mn |
| Sep 30, 2011 | 83.74 Mn |
| Jun 30, 2011 | 58.77 Mn |
| Jun 30, 2011 | 58.77 Mn |
| Mar 31, 2011 | -2.99 Mn |
| Mar 31, 2011 | -2.99 Mn |
| Dec 31, 2010 | 116.90 Mn |
| Dec 31, 2010 | 116.90 Mn |
| Sep 30, 2010 | 84.99 Mn |
| Sep 30, 2010 | 84.99 Mn |
| Jun 30, 2010 | 78.17 Mn |
| Jun 30, 2010 | 78.17 Mn |
| Mar 31, 2010 | -690,000.00 |
| Mar 31, 2010 | -690,000.00 |
| Dec 31, 2009 | 92.52 Mn |
| Dec 31, 2009 | 92.52 Mn |
| Sep 30, 2009 | 67.47 Mn |
| Sep 30, 2009 | 67.47 Mn |