Lamar Advertising (LAMR) Operating Leases (2019 - 2025)
Lamar Advertising (LAMR) reported Operating Leases of $1.5 billion for Q4 2025, up 33.39% year-over-year from $1.1 billion in Q4 2024, and up 4.33% on a QoQ basis from $1.4 billion in Q3 2025.
Lamar Advertising (LAMR) has 7 years of Operating Leases data on file, last reported at $1.5 billion in Q4 2025.
- Quarterly Operating Leases rose 33.39% year-over-year to $1.5 billion in Q4 2025, while the trailing twelve-month figure through Dec 2025 was $1.5 billion (up 33.39% YoY) and the FY2025 annual result came in at $1.5 billion, up 33.39% from the prior year.
- Operating Leases improved to $1.5 billion in Q4 2025 per LAMR's latest filing, from $1.4 billion in the prior quarter.
- Across five years, Operating Leases topped out at $1.5 billion in Q4 2025 and bottomed at $977.9 million in Q3 2021.
- The 5-year median for Operating Leases is $1.1 billion (2023), against an average of $1.1 billion.
- The widest annual swing landed in 2021, when Operating Leases declined 8.18%; it then jumped 33.39% in 2025.
- Tracing LAMR's Operating Leases over 5 years: stood at $995.4 million in 2021, then advanced by 4.05% to $1.0 billion in 2022, then gained by 3.83% to $1.1 billion in 2023, then gained by 3.64% to $1.1 billion in 2024, then jumped by 33.39% to $1.5 billion in 2025.
- Per Business Quant, the three latest LAMR Operating Leases figures stand at $1.5 billion (Q4 2025), $1.4 billion (Q3 2025), and $1.2 billion (Q2 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Equinix | 106.10 Bn | 103.07 Bn | 2.20 Bn |
| 2 | American Tower | 85.70 Bn | 92.20 Bn | 2.70 Bn |
| 3 | Digital Realty Trust | 67.00 Bn | 66.16 Bn | - |
| 4 | Crown Castle | 40.17 Bn | 40.12 Bn | 984.00 Mn |
| 5 | Iron Mountain | 37.80 Bn | 37.83 Bn | 1.05 Bn |
| 6 | Sba Communications | 21.99 Bn | 22.08 Bn | 532.10 Mn |
| 7 | Weyerhaeuser | 16.98 Bn | 16.68 Bn | 318.00 Mn |
| 8 | Lamar Advertising | 15.51 Bn | 15.46 Bn | 403.56 Mn |
| 9 | Gaming & Leisure Properties | 13.46 Bn | 13.86 Bn | - |
| 10 | OUTFRONT Media | 5.85 Bn | 5.81 Bn | 202.10 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Dec 31, 2025 | 1.49 Bn |
| Sep 30, 2025 | 1.42 Bn |
| Jun 30, 2025 | 1.19 Bn |
| Mar 31, 2025 | 1.35 Bn |
| Dec 31, 2024 | 1.11 Bn |
| Sep 30, 2024 | 1.10 Bn |
| Jun 30, 2024 | 1.28 Bn |
| Mar 31, 2024 | 1.24 Bn |
| Dec 31, 2023 | 1.08 Bn |
| Sep 30, 2023 | 1.08 Bn |
| Jun 30, 2023 | 1.04 Bn |
| Mar 31, 2023 | 1.21 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 |
| Jun 30, 2021 | 989.09 Mn |
| Mar 31, 2021 | 984.12 Mn |
| Dec 31, 2020 | 993.78 Mn |
| Sep 30, 2020 | 1.03 Bn |
| Jun 30, 2020 | 1.05 Bn |
| Mar 31, 2020 | 1.07 Bn |
| Dec 31, 2019 | 1.07 Bn |
| Sep 30, 2019 | 1.04 Bn |
| Jun 30, 2019 | 1.03 Bn |
| Mar 31, 2019 | 1.03 Bn |