Lamar Advertising (LAMR) Free Cash Flow (2009 - 2026)
Lamar Advertising (LAMR) recorded Free Cash Flow of $209.7 million in Q2 2026, up 9.6% from $191.29 million a year earlier and up 83.5% from the prior quarter.
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Analysis
Lamar Advertising (LAMR) Free Cash Flow (2009 - 2026) Analysis & Trends
On a TTM basis, Lamar Advertising's Free Cash Flow came in at $718.05 million as of Jun 30, 2026, down 0.6% year-over-year; for FY2025, it was $683.25 million, down 8.7% from FY2024.
- Annual Free Cash Flow has a five-year compound annual growth rate of 6.1% (FY2020 to FY2025).
- Across earlier years, Free Cash Flow came in at $748.33 million in FY2024 (+23.6%), $605.34 million in FY2023 (-1.5%), $614.53 million in FY2022 (+1.0%) and $608.33 million in FY2021 (+19.8%).
- The Q2 2026 figure is the highest quarterly Free Cash Flow since Q4 2024.
- On a year-over-year basis, Free Cash Flow rose in five of the last eight quarters, with growth averaging 4.0%.
- Peak year-over-year performance for Free Cash Flow in the last five years was growth of 58.5% in Q2 2024, against a decline of 18.1% in Q2 2025 at the low end.
- Per Business Quant, the preceding three quarters came in at $114.25 million (Q1 2026), $208.3 million (Q4 2025) and $185.81 million (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | FCF (Qtr) |
|---|---|---|---|---|---|
| 1 | American Tower | 88.05 Bn | 87.79 Bn | 2.72 Bn | 1.17 Bn |
| 2 | Digital Realty Trust | 63.77 Bn | 54.30 Bn | - | 148.62 Mn |
| 3 | Crown Castle | 36.64 Bn | 35.39 Bn | 989.00 Mn | 472.00 Mn |
| 4 | Sba Communications | 19.60 Bn | 18.25 Bn | 539.27 Mn | 344.76 Mn |
| 5 | Lamar Advertising | 13.51 Bn | 13.33 Bn | 422.53 Mn | 209.70 Mn |
| 6 | OUTFRONT Media | 5.47 Bn | 5.23 Bn | 276.40 Mn | 91.20 Mn |
| 7 | Array Digital Infrastructure | 2.90 Bn | 1.80 Bn | 30.57 Mn | -49.27 Mn |
| 8 | IHS Holding | 2.83 Bn | -733.80 Mn | 207.10 Mn | 120.90 Mn |
| 9 | Fermi | 1.63 Bn | 765.63 Mn | - | -233.64 Mn |
| 10 | Clear Channel Outdoor Holdings | 1.23 Bn | 518.82 Mn | 241.86 Mn | 25.29 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 209.70 Mn |
| Mar 31, 2026 | 114.25 Mn |
| Dec 31, 2025 | 208.30 Mn |
| Sep 30, 2025 | 185.81 Mn |
| Jun 30, 2025 | 191.29 Mn |
| Mar 31, 2025 | 97.86 Mn |
| Dec 31, 2024 | 236.30 Mn |
| Sep 30, 2024 | 197.25 Mn |
| Jun 30, 2024 | 233.69 Mn |
| Mar 31, 2024 | 81.08 Mn |
| Dec 31, 2023 | 208.07 Mn |
| Sep 30, 2023 | 183.40 Mn |
| Jun 30, 2023 | 147.44 Mn |
| Mar 31, 2023 | 66.43 Mn |
| Dec 31, 2022 | 194.24 Mn |
| Sep 30, 2022 | 183.47 Mn |
| Jun 30, 2022 | 163.55 Mn |
| Mar 31, 2022 | 73.28 Mn |
| Dec 31, 2021 | 191.61 Mn |
| Sep 30, 2021 | 172.88 Mn |
API Access
Lamar Advertising Free Cash Flow 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=free-cash-flow&ticker=LAMR&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "free-cash-flow", "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=free-cash-flow&ticker=LAMR&period=max&api_key=YOUR_API_KEY");
const data = await res.json();