Lamar Advertising (LAMR) Shares Outstanding (2009 - 2026)
Lamar Advertising's Shares Outstanding came in at 101.49 million for Q2 2026, up 0.2% from 101.27 million a year earlier and up 0.1% from the prior quarter.
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Analysis
Lamar Advertising (LAMR) Shares Outstanding (2009 - 2026) Analysis & Trends
For FY2025, Lamar Advertising's Shares Outstanding was 101.55 million, down 0.7% from FY2024.
- Shares Outstanding carries a five-year compound annual growth rate of 0.2% (FY2020 to FY2025).
- Going back by year, Shares Outstanding was 102.26 million in FY2024 (+0.3%), 101.92 million in FY2023 (+0.4%), 101.53 million in FY2022 (+0.4%) and 101.13 million in FY2021 (+0.4%).
- The five-year range for quarterly Shares Outstanding is 101.13 million (Q4 2021) to 102.44 million (Q1 2025).
- Year-over-year, Shares Outstanding increased in four of the last eight quarters, with an average decline of 0.3%.
- The fastest year-over-year change in Shares Outstanding over five years came in Q1 2023 (growth of 0.4%), and the weakest in Q3 2025 (a decline of 1.0%).
- Business Quant data shows LAMR's Shares Outstanding at 101.37 million (Q1 2026), 101.55 million (Q4 2025) and 101.23 million (Q3 2025) in the three quarters before Q2 2026.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Shares Outstanding (Qtr) |
|---|---|---|---|---|---|
| 1 | American Tower | 76.26 Bn | 75.99 Bn | 2.72 Bn | 465.94 Mn |
| 2 | Digital Realty Trust | 64.98 Bn | 55.50 Bn | - | 354.12 Mn |
| 3 | Crown Castle | 28.39 Bn | 27.14 Bn | 989.00 Mn | 433.00 Mn |
| 4 | Sba Communications | 16.99 Bn | 17.07 Bn | 539.27 Mn | 106.07 Mn |
| 5 | Lamar Advertising | 12.56 Bn | 12.38 Bn | 422.53 Mn | 101.49 Mn |
| 6 | OUTFRONT Media | 4.89 Bn | 4.65 Bn | 276.40 Mn | 176.10 Mn |
| 7 | Array Digital Infrastructure | 2.92 Bn | 1.81 Bn | 30.57 Mn | 86.48 Mn |
| 8 | IHS Holding | 2.80 Bn | -57.74 Mn | 207.10 Mn | 335.05 Mn |
| 9 | Fermi | 2.69 Bn | 1.82 Bn | - | 637.33 Mn |
| 10 | Clear Channel Outdoor Holdings | 1.20 Bn | 488.27 Mn | 241.86 Mn | 508.99 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 101.49 Mn |
| Mar 31, 2026 | 101.37 Mn |
| Dec 31, 2025 | 101.55 Mn |
| Sep 30, 2025 | 101.23 Mn |
| Jun 30, 2025 | 101.27 Mn |
| Mar 31, 2025 | 102.44 Mn |
| Dec 31, 2024 | 102.26 Mn |
| Sep 30, 2024 | 102.31 Mn |
| Jun 30, 2024 | 102.25 Mn |
| Mar 31, 2024 | 102.12 Mn |
| Dec 31, 2023 | 101.92 Mn |
| Sep 30, 2023 | 101.96 Mn |
| Jun 30, 2023 | 101.92 Mn |
| Mar 31, 2023 | 101.79 Mn |
| Dec 31, 2022 | 101.53 Mn |
| Sep 30, 2022 | 101.58 Mn |
| Jun 30, 2022 | 101.49 Mn |
| Mar 31, 2022 | 101.34 Mn |
| Dec 31, 2021 | 101.13 Mn |
| Sep 30, 2021 | 101.20 Mn |
API Access
Lamar Advertising Shares Outstanding 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=shares-outstanding&ticker=LAMR&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "shares-outstanding", "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=shares-outstanding&ticker=LAMR&period=max&api_key=YOUR_API_KEY");
const data = await res.json();