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.
Powered by 
Analysis
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 Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Invested Cap. (Qtr) |
|---|---|---|---|---|---|
| 1 | American Tower | 76.26 Bn | 75.99 Bn | 2.72 Bn | 47.44 Bn |
| 2 | Digital Realty Trust | 64.98 Bn | 55.50 Bn | - | 43.89 Bn |
| 3 | Crown Castle | 28.39 Bn | 27.14 Bn | 989.00 Mn | 14.97 Bn |
| 4 | Sba Communications | 16.99 Bn | 17.07 Bn | 539.27 Mn | 8.10 Bn |
| 5 | Lamar Advertising | 12.56 Bn | 12.38 Bn | 422.53 Mn | 4.51 Bn |
| 6 | OUTFRONT Media | 4.89 Bn | 4.65 Bn | 276.40 Mn | 3.22 Bn |
| 7 | Array Digital Infrastructure | 2.92 Bn | 1.81 Bn | 30.57 Mn | 1.95 Bn |
| 8 | IHS Holding | 2.80 Bn | -57.74 Mn | 207.10 Mn | 2.93 Bn |
| 9 | Fermi | 2.69 Bn | 1.82 Bn | - | 1.55 Bn |
| 10 | Clear Channel Outdoor Holdings | 1.20 Bn | 488.27 Mn | 241.86 Mn | 1.65 Bn |
Historic Data
Download Data
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 |
API Access
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_KEYimport 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();