Lamar Advertising (LAMR) Operating Margin (2009 - 2025)
Lamar Advertising (LAMR) reported Operating Margin of 34.16% for FY2025, up 41.69% year-over-year from 24.11% in FY2024.
Lamar Advertising (LAMR) Operating Margin (2009 - 2025) Analysis & Trends
Lamar Advertising (LAMR) has 17 years of Operating Margin data on file, last reported at 34.16% in FY2025.
- Operating Margin for Q4 2025 came in at 32.9%, up 2658.0% year-over-year; the trailing twelve-month figure through Dec 2025 was 34.16% (up 1005.0% YoY), and the FY2025 annual result was 34.16%, up 1005.0% from the prior year.
- Operating Margin advanced to 34.16% in FY2025 per LAMR's latest filing, from 24.11% in the prior year.
- Over five years, Operating Margin peaked at 34.16% in FY2025 and troughed at 24.11% in FY2024.
- A 5-year average of 29.57% and a median of 29.16% in 2021 frame the typical range for Operating Margin.
- The sharpest annual moves came in 2024 and 2025: Operating Margin tumbled 789 bps in 2024, then jumped 1005 bps in 2025.
- A 5-year view of Operating Margin shows it stood at 29.16% in 2021, then dropped by 2 bps to 28.44% in 2022, then increased by 12 bps to 32.0% in 2023, then dropped by 25 bps to 24.11% in 2024, then surged by 42 bps to 34.16% in 2025.
- Business Quant data shows LAMR's Operating Margin at 34.16% in FY2025, 24.11% in FY2024, and 32.0% in FY2023.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Operating Margin (Yr) |
|---|---|---|---|---|---|
| 1 | Equinix | 103.83 Bn | 100.80 Bn | 2.20 Bn | - |
| 2 | American Tower | 87.12 Bn | 93.62 Bn | 2.70 Bn | - |
| 3 | Digital Realty Trust | 63.57 Bn | 62.73 Bn | - | - |
| 4 | Crown Castle | 40.12 Bn | 40.07 Bn | 984.00 Mn | - |
| 5 | Iron Mountain | 37.76 Bn | 37.79 Bn | 1.05 Bn | - |
| 6 | Sba Communications | 21.58 Bn | 21.67 Bn | 532.10 Mn | - |
| 7 | Weyerhaeuser | 17.92 Bn | 17.63 Bn | 318.00 Mn | - |
| 8 | Lamar Advertising | 15.66 Bn | 15.61 Bn | 403.56 Mn | 34.16% |
| 9 | Gaming & Leisure Properties | 13.45 Bn | 13.85 Bn | - | - |
| 10 | OUTFRONT Media | 5.51 Bn | 5.47 Bn | 202.10 Mn | - |
Historic Data
Download Data| Date | Value |
|---|---|
| Dec 31, 2025 | 34.16% |
| Dec 31, 2024 | 24.11% |
| Dec 31, 2023 | 32.00% |
| Dec 31, 2022 | 28.44% |
| Dec 31, 2021 | 29.16% |
| Dec 31, 2020 | 26.14% |
| Dec 31, 2019 | 29.52% |
| Dec 31, 2018 | 4.08% |
| Dec 31, 2017 | 7.42% |
| Dec 31, 2016 | 29.26% |
| Dec 31, 2015 | 7.36% |
| Dec 31, 2014 | 21.65% |
| Dec 31, 2013 | 17.93% |
| Dec 31, 2012 | 0.48% |
| Dec 31, 2011 | 0.38% |
| Dec 31, 2010 | 12.77% |
| Dec 31, 2009 | 9.24% |