Lamar Advertising (LAMR) Gross Margin (2009 - 2025)

Lamar Advertising (LAMR) has 17 years of Gross Margin data on file, last reported at 67.72% in Q4 2025.

• Gross Margin for Q4 2025 came in at 67.72%, down 12.0% year-over-year; the trailing twelve-month figure through Dec 2025 was 67.04% (up 2.0% YoY), and the FY2025 annual result was 67.04%, up 2.0% from the prior year.
• Gross Margin was little changed at 67.72% in Q4 2025 per LAMR's latest filing, from 67.94% in the prior quarter.
• Over five years, Gross Margin peaked at 69.11% in Q3 2021 and troughed at 64.26% in Q1 2023.
• A 5-year average of 67.09% and a median of 67.72% in 2025 frame the typical range for Gross Margin.
• The sharpest annual moves came in 2021 and 2022: Gross Margin soared 700 bps in 2021, then sank 115 bps in 2022.
• A 5-year view of Gross Margin shows it stood at 68.15% in 2021, then declined by 1 bps to 67.54% in 2022, then declined by 0 bps to 67.37% in 2023, then grew by 1 bps to 67.84% in 2024, then declined by 0 bps to 67.72% in 2025.
• Business Quant data shows LAMR's Gross Margin at 67.72% in Q4 2025, 67.94% in Q3 2025, and 67.76% in Q2 2025.