Lamar Advertising (LAMR) Operating Income (2009 - 2026)
Lamar Advertising (LAMR) posted Operating Income of $207.96 million for Q2 2026, up 5.2% from $197.68 million a year earlier and up 42.4% from the prior quarter.
Lamar Advertising (LAMR) Operating Income (2009 - 2026) Analysis & Trends
For the trailing twelve months through Jun 30, 2026, Operating Income at Lamar Advertising was $739.17 million, up 20.8% year-over-year; for FY2025, it was $774.06 million, up 45.5% from FY2024.
- Annual Operating Income shows a five-year compound annual growth rate of 13.5% (FY2020 to FY2025).
- In prior years, Lamar Advertising's Operating Income was $532.04 million in FY2024 (-21.2%), $675.43 million in FY2023 (+16.9%), $578 million in FY2022 (+10.9%) and $521.19 million in FY2021 (+27.1%).
- The Q2 2026 figure stands as the highest quarterly Operating Income in data going back to Q2 2009.
- On a year-over-year basis, Operating Income increased in five of the last eight quarters, with growth averaging 49.6%.
- The strongest year-over-year quarter for Operating Income in the past five years was Q4 2025, with growth of 434.9%; the weakest was Q4 2024, with a decline of 80.9%.
- According to Business Quant data, Operating Income for the three prior quarters was $146.06 million (Q1 2026), $196.06 million (Q4 2025) and $189.08 million (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Op. Inc (Qtr) |
|---|---|---|---|---|---|
| 1 | American Tower | 78.00 Bn | 77.74 Bn | 2.72 Bn | 1.27 Bn |
| 2 | Digital Realty Trust | 65.33 Bn | 55.85 Bn | - | 467.25 Mn |
| 3 | Crown Castle | 28.57 Bn | 27.31 Bn | 989.00 Mn | 470.00 Mn |
| 4 | Sba Communications | 17.27 Bn | 17.36 Bn | 539.27 Mn | 351.86 Mn |
| 5 | Lamar Advertising | 12.72 Bn | 12.54 Bn | 422.53 Mn | 207.96 Mn |
| 6 | OUTFRONT Media | 4.93 Bn | 4.69 Bn | 276.40 Mn | 116.10 Mn |
| 7 | Array Digital Infrastructure | 2.93 Bn | 1.83 Bn | 30.57 Mn | 399.26 Mn |
| 8 | IHS Holding | 2.81 Bn | -54.39 Mn | 207.10 Mn | 82.80 Mn |
| 9 | Fermi | 2.73 Bn | 1.87 Bn | - | -26.76 Mn |
| 10 | Clear Channel Outdoor Holdings | 1.19 Bn | 478.09 Mn | 241.86 Mn | 89.06 Mn |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 207.96 Mn |
| Mar 31, 2026 | 146.06 Mn |
| Dec 31, 2025 | 196.06 Mn |
| Sep 30, 2025 | 189.08 Mn |
| Jun 30, 2025 | 197.68 Mn |
| Mar 31, 2025 | 191.23 Mn |
| Dec 31, 2024 | 36.66 Mn |
| Sep 30, 2024 | 186.56 Mn |
| Jun 30, 2024 | 184.23 Mn |
| Mar 31, 2024 | 124.60 Mn |
| Dec 31, 2023 | 191.71 Mn |
| Sep 30, 2023 | 188.13 Mn |
| Jun 30, 2023 | 176.79 Mn |
| Mar 31, 2023 | 118.80 Mn |
| Dec 31, 2022 | 110.05 Mn |
| Sep 30, 2022 | 180.99 Mn |
| Jun 30, 2022 | 166.50 Mn |
| Mar 31, 2022 | 120.46 Mn |
| Dec 31, 2021 | 149.94 Mn |
| Sep 30, 2021 | 133.34 Mn |
Lamar Advertising Operating Income 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=operating-income&ticker=LAMR&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "operating-income", "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=operating-income&ticker=LAMR&period=max&api_key=YOUR_API_KEY");
const data = await res.json();