Growth Metrics

Lamar Advertising (LAMR) Operating Margin (2016 - 2025)

Lamar Advertising (LAMR) has disclosed Operating Margin for 17 consecutive years, with 52.06% as the latest value for Q3 2025.

  • On a quarterly basis, Operating Margin rose 5135.0% to 52.06% in Q3 2025 year-over-year; TTM through Sep 2025 was 23.53%, a 45.0% increase, with the full-year FY2024 number at 24.11%, up 41115.0% from a year prior.
  • Operating Margin was 52.06% for Q3 2025 at Lamar Advertising, up from 37.84% in the prior quarter.
  • In the past five years, Operating Margin ranged from a high of 52.06% in Q3 2025 to a low of 10.53% in Q1 2023.
  • A 5-year average of 18.9% and a median of 28.58% in 2022 define the central range for Operating Margin.
  • Peak YoY movement for Operating Margin: plummeted -3397bps in 2024, then surged 5135bps in 2025.
  • Lamar Advertising's Operating Margin stood at 1.54% in 2021, then soared by 2336bps to 34.32% in 2022, then rose by 1bps to 34.67% in 2023, then plummeted by -83bps to 5.81% in 2024, then surged by 796bps to 52.06% in 2025.
  • Per Business Quant, the three most recent readings for LAMR's Operating Margin are 52.06% (Q3 2025), 37.84% (Q1 2025), and 5.81% (Q4 2024).