Lamar Advertising (LAMR) Operating Leases (2019 - 2026)
Lamar Advertising (LAMR) posted Operating Leases of $1.25 billion for Q2 2026, up 4.7% from $1.19 billion a year earlier but down 0.3% from the prior quarter.
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Analysis
Lamar Advertising (LAMR) Operating Leases (2019 - 2026) Analysis & Trends
Since Q1 2019, Lamar Advertising has reported Operating Leases for 30 quarters.
- Annual Operating Leases has increased for five consecutive years, with a five-year compound annual growth rate of 4.8% (FY2020 to FY2025).
- In prior years, Lamar Advertising's Operating Leases was $1.11 billion in FY2024 (+3.6%), $1.08 billion in FY2023 (+3.8%), $1.04 billion in FY2022 (+4.0%) and $995.36 million in FY2021 (+0.2%).
- Quarterly Operating Leases has run from a low of $977.94 million in Q3 2021 to a high of $1.25 billion in Q4 2025 over five years.
- On a year-over-year basis, Operating Leases has increased in each of the last 19 quarters, with growth averaging 7.4% over the last eight quarters.
- The strongest year-over-year quarter for Operating Leases in the past five years was Q4 2025, with growth of 12.5%; the weakest was Q3 2021, with a decline of 5.3%.
- According to Business Quant data, Operating Leases for the three prior quarters was $1.25 billion (Q1 2026), $1.25 billion (Q4 2025) and $1.22 billion (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | American Tower | 78.34 Bn | 78.08 Bn | 2.72 Bn |
| 2 | Digital Realty Trust | 65.55 Bn | 56.08 Bn | - |
| 3 | Crown Castle | 28.58 Bn | 27.33 Bn | 989.00 Mn |
| 4 | Sba Communications | 17.34 Bn | 17.42 Bn | 539.27 Mn |
| 5 | Lamar Advertising | 12.64 Bn | 12.46 Bn | 422.53 Mn |
| 6 | OUTFRONT Media | 4.92 Bn | 4.68 Bn | 276.40 Mn |
| 7 | Array Digital Infrastructure | 2.89 Bn | 1.79 Bn | 30.57 Mn |
| 8 | IHS Holding | 2.82 Bn | -47.68 Mn | 207.10 Mn |
| 9 | Fermi | 2.72 Bn | 1.86 Bn | - |
| 10 | Clear Channel Outdoor Holdings | 1.20 Bn | 488.27 Mn | 241.86 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 1.25 Bn |
| Mar 31, 2026 | 1.25 Bn |
| Dec 31, 2025 | 1.25 Bn |
| Sep 30, 2025 | 1.22 Bn |
| Jun 30, 2025 | 1.19 Bn |
| Mar 31, 2025 | 1.16 Bn |
| Dec 31, 2024 | 1.11 Bn |
| Sep 30, 2024 | 1.10 Bn |
| Jun 30, 2024 | 1.10 Bn |
| Mar 31, 2024 | 1.07 Bn |
| Dec 31, 2023 | 1.08 Bn |
| Sep 30, 2023 | 1.08 Bn |
| Jun 30, 2023 | 1.04 Bn |
| Mar 31, 2023 | 1.03 Bn |
| Dec 31, 2022 | 1.04 Bn |
| Sep 30, 2022 | 1.01 Bn |
| Jun 30, 2022 | 1.01 Bn |
| Mar 31, 2022 | 1.01 Bn |
| Dec 31, 2021 | 995.36 Mn |
| Sep 30, 2021 | 977.94 Mn |
API Access
Lamar Advertising Operating Leases 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-leases&ticker=LAMR&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "operating-leases", "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-leases&ticker=LAMR&period=max&api_key=YOUR_API_KEY");
const data = await res.json();