Lamar Advertising (LAMR) Invested Capital (2009 - 2026)
Lamar Advertising (LAMR) posted Invested Capital of $4.51 billion for Q2 2026, up 5.6% from $4.27 billion a year earlier and up 0.7% from the prior quarter.
Lamar Advertising (LAMR) Invested Capital (2009 - 2026) Analysis & Trends
For FY2025, Lamar Advertising's Invested Capital came in at $4.44 billion, up 4.3% from FY2024.
- Annual Invested Capital shows a five-year compound annual growth rate of 1.7% (FY2020 to FY2025).
- In prior years, Lamar Advertising's Invested Capital was $4.26 billion in FY2024 (-6.6%), $4.56 billion in FY2023 (+1.1%), $4.51 billion in FY2022 (+6.6%) and $4.23 billion in FY2021 (+3.5%).
- The Q2 2026 figure stands as the highest quarterly Invested Capital since Q2 2024.
- On a year-over-year basis, Invested Capital has increased in each of the last three quarters, with an average decline of 1.1% over the last eight quarters.
- The strongest year-over-year quarter for Invested Capital in the past five years was Q2 2022, with growth of 11.6%; the weakest was Q1 2025, with a decline of 8.0%.
- According to Business Quant data, Invested Capital for the three prior quarters was $4.48 billion (Q1 2026), $4.44 billion (Q4 2025) and $4.39 billion (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Invested Cap. (Qtr) |
|---|---|---|---|---|---|
| 1 | American Tower | 88.05 Bn | 87.79 Bn | 2.72 Bn | 47.44 Bn |
| 2 | Digital Realty Trust | 63.77 Bn | 54.30 Bn | - | 46.61 Bn |
| 3 | Crown Castle | 36.64 Bn | 35.39 Bn | 989.00 Mn | 14.97 Bn |
| 4 | Sba Communications | 19.60 Bn | 18.25 Bn | 539.27 Mn | 8.10 Bn |
| 5 | Lamar Advertising | 13.51 Bn | 13.33 Bn | 422.53 Mn | 4.51 Bn |
| 6 | OUTFRONT Media | 5.47 Bn | 5.23 Bn | 276.40 Mn | 3.22 Bn |
| 7 | Array Digital Infrastructure | 2.90 Bn | 1.80 Bn | 30.57 Mn | 1.95 Bn |
| 8 | IHS Holding | 2.83 Bn | -733.80 Mn | 207.10 Mn | 2.93 Bn |
| 9 | Fermi | 1.63 Bn | 765.63 Mn | - | 1.55 Bn |
| 10 | Clear Channel Outdoor Holdings | 1.23 Bn | 518.82 Mn | 241.86 Mn | 1.65 Bn |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 4.51 Bn |
| Mar 31, 2026 | 4.48 Bn |
| Dec 31, 2025 | 4.44 Bn |
| Sep 30, 2025 | 4.39 Bn |
| Jun 30, 2025 | 4.27 Bn |
| Mar 31, 2025 | 4.22 Bn |
| Dec 31, 2024 | 4.26 Bn |
| Sep 30, 2024 | 4.46 Bn |
| Jun 30, 2024 | 4.55 Bn |
| Mar 31, 2024 | 4.58 Bn |
| Dec 31, 2023 | 4.56 Bn |
| Sep 30, 2023 | 4.59 Bn |
| Jun 30, 2023 | 4.56 Bn |
| Mar 31, 2023 | 4.53 Bn |
| Dec 31, 2022 | 4.51 Bn |
| Sep 30, 2022 | 4.49 Bn |
| Jun 30, 2022 | 4.48 Bn |
| Mar 31, 2022 | 4.35 Bn |
| Dec 31, 2021 | 4.23 Bn |
| Sep 30, 2021 | 4.08 Bn |
Lamar Advertising Invested Capital 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=invested-capital&ticker=LAMR&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "invested-capital", "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=invested-capital&ticker=LAMR&period=max&api_key=YOUR_API_KEY");
const data = await res.json();