Lamar Advertising (LAMR) Shares Outstanding (Diluted Average) (2009 - 2025)

Lamar Advertising (LAMR) has 17 years of Shares Outstanding (Diluted Average) data on file, last reported at $101.6 million in Q4 2025.

• Shares Outstanding (Diluted Average) for Q4 2025 came in at $101.6 million, down 0.9% year-over-year; the trailing twelve-month figure through Dec 2025 was $101.6 million (down 0.9% YoY), and the FY2025 annual result was $101.6 million, down 0.9% from the prior year.
• Shares Outstanding (Diluted Average) held at $101.6 million in Q4 2025 per LAMR's latest filing, from $101.3 million in the prior quarter.
• Over five years, Shares Outstanding (Diluted Average) peaked at $102.8 million in Q1 2025 and troughed at $101.1 million in Q1 2021.
• A 5-year average of $101.9 million and a median of $101.7 million in 2022 frame the typical range for Shares Outstanding (Diluted Average).
• The sharpest annual moves came in 2023 and 2025: Shares Outstanding (Diluted Average) increased 0.52% in 2023, then fell 1.27% in 2025.
• A 5-year view of Shares Outstanding (Diluted Average) shows it stood at $101.3 million in 2021, then rose by 0.28% to $101.6 million in 2022, then rose by 0.46% to $102.1 million in 2023, then advanced by 0.45% to $102.6 million in 2024, then declined by 0.9% to $101.6 million in 2025.
• Business Quant data shows LAMR's Shares Outstanding (Diluted Average) at $101.6 million in Q4 2025, $101.3 million in Q3 2025, and $101.7 million in Q2 2025.