Lamar Advertising (LAMR) Gross Margin (2009 - 2026)

Lamar Advertising's (LAMR) quarterly Gross Margin came in at 65.28% in Q1 2026, up 89.0% year-on-year from 34.54% in Q1 2025, and down 3.6% on a QoQ basis from 67.72% in Q4 2025.

Lamar Advertising (LAMR) Gross Margin (2009 - 2026) Analysis & Trends

Lamar Advertising (LAMR) has 18 years of Gross Margin data on file, last reported at 65.28% in Q1 2026.

  • On a quarterly basis, Gross Margin rose 89.0% year-over-year to 65.28% in Q1 2026; TTM through Mar 2026 was 67.22%, a 29.0% increase from a year earlier, with the FY2025 full-year figure at 67.04%, up 2.0% from the prior year.
  • Gross Margin for Q1 2026 stood at 65.28%, down from 67.72% in the prior quarter.
  • Over the last five years, Gross Margin for LAMR reached as high as 68.26% in Q2 2023 and fell as low as 64.26% in Q1 2023.
  • Historically, Gross Margin has averaged 66.87% across 5 years, with a median of 67.63% in 2024.
  • Across the five-year window, Gross Margin tumbled 115 bps in 2022 and soared 89 bps in 2026, its largest moves.
  • Year by year, Gross Margin stood at 67.54% in 2022, then decreased by 0 bps to 67.37% in 2023, then gained by 1 bps to 67.84% in 2024, then decreased by 0 bps to 67.72% in 2025, then fell by 4 bps to 65.28% in 2026.
  • Per Business Quant data, the three most recent Gross Margin figures were 65.28% in Q1 2026, 67.72% in Q4 2025, and 67.94% in Q3 2025.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Gross Margin (Qtr)
1 Equinix 102.00 Bn 98.94 Bn 1.26 Bn 51.47%
2 American Tower 76.76 Bn 83.27 Bn 2.70 Bn 98.59%
3 Digital Realty Trust 61.91 Bn 61.08 Bn - -
4 Iron Mountain 37.06 Bn 37.09 Bn 1.05 Bn 54.04%
5 Crown Castle 32.50 Bn 32.44 Bn 23.00 Mn 46.94%
6 Sba Communications 18.50 Bn 18.59 Bn 532.10 Mn 75.64%
7 Weyerhaeuser 17.05 Bn 16.75 Bn 318.00 Mn 18.41%
8 Lamar Advertising 15.99 Bn 15.96 Bn 344.69 Mn 65.28%
9 Gaming & Leisure Properties 12.58 Bn 12.98 Bn - -
10 Rayonier 6.43 Bn 5.79 Bn 46.45 Mn 16.78%

Historic Data

Download Data
DateValue
Mar 31, 2026 65.28%
Dec 31, 2025 67.72%
Sep 30, 2025 67.94%
Jun 30, 2025 67.76%
Mar 31, 2025 64.39%
Dec 31, 2024 67.84%
Sep 30, 2024 67.63%
Jun 30, 2024 67.58%
Mar 31, 2024 64.74%
Dec 31, 2023 67.37%
Sep 30, 2023 67.71%
Jun 30, 2023 68.26%
Mar 31, 2023 64.26%
Dec 31, 2022 67.54%
Sep 30, 2022 67.96%
Jun 30, 2022 67.80%
Mar 31, 2022 65.05%
Dec 31, 2021 68.15%
Sep 30, 2021 69.11%
Jun 30, 2021 68.44%