Lamar Advertising (LAMR) Net Margin (2009 - 2026)
Lamar Advertising's Net Margin was 26.05% in Q2 2026, down 0.58 percentage points from 26.63% a year earlier but up 6.88 percentage points from the prior quarter.
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Analysis
Lamar Advertising (LAMR) Net Margin (2009 - 2026) Analysis & Trends
On a trailing twelve-month basis, Lamar Advertising's Net Margin was 23.89% through Jun 30, 2026, up 4.19 percentage points year-over-year; for FY2025, it came in at 25.89%, up 9.51 percentage points from FY2024.
- Net Margin shows a five-year change of +10.40 percentage points (FY2020 to FY2025).
- In earlier years, Net Margin was 16.38% in FY2024 (-7.09 pp), 23.47% in FY2023 (+1.90 pp), 21.57% in FY2022 (-0.12 pp) and 21.69% in FY2021 (+6.20 pp).
- Quarterly Net Margin has moved between -0.22% (Q4 2024) and 27.70% (Q3 2022) over five years.
- Compared with a year earlier, Net Margin was higher in four of the last eight quarters, with an average year-over-year change of +0.30 percentage points.
- The best year-over-year quarter for Net Margin over five years was Q4 2025 (a gain of 25.76 percentage points); the worst was Q4 2024 (a drop of 27.02 percentage points).
- Per Business Quant data, LAMR's Net Margin in the three quarters before Q2 2026 was 19.17% (Q1 2026), 25.54% (Q4 2025) and 24.19% (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Net Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | American Tower | 78.00 Bn | 77.74 Bn | 2.72 Bn | 31.56% |
| 2 | Digital Realty Trust | 65.33 Bn | 55.85 Bn | - | 23.03% |
| 3 | Crown Castle | 28.57 Bn | 27.31 Bn | 989.00 Mn | 9.33% |
| 4 | Sba Communications | 17.27 Bn | 17.36 Bn | 539.27 Mn | 27.79% |
| 5 | Lamar Advertising | 12.72 Bn | 12.54 Bn | 422.53 Mn | 26.05% |
| 6 | OUTFRONT Media | 4.93 Bn | 4.69 Bn | 276.40 Mn | 14.83% |
| 7 | Array Digital Infrastructure | 2.93 Bn | 1.83 Bn | 30.57 Mn | 663.39% |
| 8 | IHS Holding | 2.81 Bn | -54.39 Mn | 207.10 Mn | -2.05% |
| 9 | Fermi | 2.73 Bn | 1.87 Bn | - | - |
| 10 | Clear Channel Outdoor Holdings | 1.19 Bn | 478.09 Mn | 241.86 Mn | -1.22% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 26.05% |
| Mar 31, 2026 | 19.17% |
| Dec 31, 2025 | 25.54% |
| Sep 30, 2025 | 24.19% |
| Jun 30, 2025 | 26.63% |
| Mar 31, 2025 | 27.43% |
| Dec 31, 2024 | -0.22% |
| Sep 30, 2024 | 26.13% |
| Jun 30, 2024 | 24.29% |
| Mar 31, 2024 | 15.68% |
| Dec 31, 2023 | 26.80% |
| Sep 30, 2023 | 25.79% |
| Jun 30, 2023 | 24.12% |
| Mar 31, 2023 | 16.11% |
| Dec 31, 2022 | 12.33% |
| Sep 30, 2022 | 27.70% |
| Jun 30, 2022 | 25.90% |
| Mar 31, 2022 | 20.39% |
| Dec 31, 2021 | 24.91% |
| Sep 30, 2021 | 22.38% |
API Access
Lamar Advertising Net Margin 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=net-margin&ticker=LAMR&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "net-margin", "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=net-margin&ticker=LAMR&period=max&api_key=YOUR_API_KEY");
const data = await res.json();