← LAMAR ADVERTISING CO/NEW
| Annual Trend | FY 2016 | FY 2017 | FY 2018 | FY 2019 | FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | TTM | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Net Revenues | $1.5b | $1.5b | $1.6b | $1.8b | $1.6b | $1.8b | $2.0b | $2.1b | $2.2b | $2.3b | $2.3b | |
| Cost of Revenue | $525.6m |
$540.9m
+2.91%
|
$561.8m
+3.88%
|
$590.1m
+5.02%
|
$557.7m
-5.49%
|
$576.5m
+3.38%
|
$667.3m
+15.75%
|
$696.8m
+4.42%
|
$727.9m
+4.46%
|
$746.9m
+2.61%
|
$757.6m
+1.44%
|
|
| General and Administrative Expense | $269.4m | $276.2m | $289.4m | $318.4m | $287.9m | $327.0m | $350.6m | $344.8m | $361.1m | $368.7m | $378.2m | |
| Other General and Administrative Expense | $76.4m | $62.3m | $82.9m | — | — | — | — | — | — | — | — | |
| Amortization of Intangible Assets | $80.9m | $85.3m | $95.0m | $113.7m | $110.2m | $114.3m | $134.3m | $140.0m | $141.9m | $144.4m | — | |
| Operating expenses: | ||||||||||||
| Total operating expenses | $1.1b | $1.1b | $1.2b | $1.2b | $1.2b | $1.3b | $1.5b | $1.4b | $1.7b | $1.5b | $1.6b | |
| Operating Income (Loss) | $439.0m |
$455.4m
+3.72%
|
$460.6m
+1.14%
|
$517.7m
+12.42%
|
$410.1m
-20.79%
|
$521.2m
+27.09%
|
$578.0m
+10.90%
|
$675.4m
+16.86%
|
$532.0m
-21.23%
|
$774.1m
+45.49%
|
$721.9m
-6.74%
|
|
| Interest income | ($6k) | ($6k) | ($534k) | ($764k) | ($797k) | ($763k) | ($1.3m) | ($2.1m) | ($2.3m) | ($2.6m) | $2.4m | |
| Income (Loss) from Equity Method Investments | — | — | — | — | — | $3.4m | $4.3m | $3.7m | $5.1m | $206k | — | |
| Interest Expense (non-operating) | $123.7m | $128.4m | $129.7m | $150.6m | $137.6m | $106.4m | $127.5m | $174.5m | $171.7m | $160.4m | $163.1m | |
| Total other expense (income) | $126.9m | $128.5m | $144.6m | $149.9m | $162.1m | $123.8m | $121.9m | $168.8m | $164.6m | $159.7m | — | |
| Income (Loss) from Continuing Operations before Income Taxes, Domestic | $313.4m | $332.6m | $317.7m | $357.4m | $249.7m | $395.8m | $446.4m | $509.0m | $368.9m | $622.7m | $576.5m | |
| Income (Loss) from Continuing Operations before Income Taxes, Noncontrolling Interest | $312.2m | $326.9m | $315.9m | $367.9m | $248.0m | $397.3m | $456.1m | $506.6m | $367.5m | $614.4m | $576.5m | |
| Current Income Tax Expense (Benefit) | $13.7m | $8.4m | $9.2m | $9.9m | $5.5m | $7.7m | $14.2m | $7.4m | $8.6m | $28.9m | $11.2m | |
| Income Tax Expense (Benefit) | $13.4m | $9.2m | $10.7m | ($4.2m) | $4.7m | $9.3m | $17.5m | $9.8m | $4.5m | $21.3m | $11.2m | |
| Net income attributable to non-controlling interest | — | — | — | — | — | $0 | $0 | $1.1m | $1.1m | $5.9m | — | |
| Net Income (Loss) Attributable to Parent | $298.8m |
$317.7m
+6.31%
|
$305.2m
-3.92%
|
$372.1m
+21.91%
|
$243.4m
-34.59%
|
$388.1m
+59.45%
|
$438.6m
+13.03%
|
$495.8m
+13.02%
|
$361.9m
-27.01%
|
$587.2m
+62.26%
|
$555.7m
-5.35%
|
|
| Net Income (Loss) Available to Common Stockholders, Basic | $298.4m |
$317.3m
+6.32%
|
$304.9m
-3.92%
|
$371.7m
+21.94%
|
$243.0m
-34.63%
|
$387.7m
+59.54%
|
$438.3m
+13.04%
|
$495.4m
+13.03%
|
$361.5m
-27.03%
|
$586.8m
+62.32%
|
$555.7m
-5.30%
|
|
| Preferred stock dividends | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $365k | |
| Earnings Per Share, Basic | $3.07 | $3.24 | $3.09 | $3.71 | $2.41 | $3.83 | $4.32 | $4.86 | $3.54 | $5.78 | $5.48 | |
| Earnings Per Share, Diluted | $3.05 | $3.23 | $3.08 | $3.71 | $2.41 | $3.83 | $4.31 | $4.85 | $3.52 | $5.77 | $5.48 | |
| Common Stock, Dividends, Per Share, Declared | $3.02 | $3.32 | $3.65 | $3.84 | $2.50 | $4.00 | $5.00 | $5.00 | $5.65 | $6.45 | — | |
| Preferred Stock, Dividends Per Share, Declared | $3.02 | $3.32 | $3.65 | $3.84 | $2.50 | $4.00 | $5.00 | $5.00 | $63.80 | $63.80 | $365,000.00 | |
| Weighted Average Number of Shares Outstanding, Basic | 97.1m | 97.9m | 98.8m | 100.1m | 100.8m | 101.1m | 101.5m | 101.9m | 102.3m | 101.6m | 101.3m | |
| Weighted average number of shares outstanding basic (in shares) | 97.1m | 97.9m | 98.8m | 100.1m | 100.8m | 101.1m | 101.5m | 101.9m | 102.3m | 101.6m | 101.3m | |
| Weighted average common shares outstanding diluted (in shares) | 97.7m | 98.4m | 99.1m | 100.3m | 100.9m | 101.3m | 101.6m | 102.1m | 102.6m | 101.6m | — | |
| Weighted Average Number of Shares Outstanding, Diluted | 97.7m | 98.4m | 99.1m | 100.3m | 100.9m | 101.3m | 101.6m | 102.1m | 102.6m | 101.6m | 101.3m | |
| Additional Financial Items | ||||||||||||
| Goodwill, Impairment Loss | $0 | $0 | $0 | — | — | — | — | — | — | — | — | |
| Direct advertising expenses (exclusive of depreciation and amortization) | $525.6m | $540.9m | $561.8m | $590.1m | $557.7m | $576.5m | $667.3m | $696.8m | $727.9m | $746.9m | — | |
| Corporate expenses (exclusive of depreciation and amortization) | $76.4m | $62.3m | $82.9m | $84.7m | $70.9m | $93.6m | $102.5m | $106.0m | $129.1m | $126.2m | — | |
| Depreciation and amortization (note 11) | $205.0m | $211.1m | $225.3m | $250.0m | $251.3m | $271.3m | $349.4m | $293.4m | $463.0m | $326.3m | $336.8m | |
| Gain on disposition of assets and investments | ($15.1m) | ($4.7m) | $7.2m | ($7.2m) | ($9.0m) | ($2.1m) | ($15.7m) | ($5.5m) | ($6.1m) | ($75.9m) | — | |
| Loss on extinguishment of debt | $3.2m | $71k | $15.4m | $0 | $25.2m | $21.6m | $0 | $115k | $270k | $2.0m | — | |
| Equity in earnings of investee | — | — | — | $0 | $0 | ($3.4m) | ($4.3m) | ($3.7m) | ($5.1m) | ($206k) | — | |
| Foreign currency translation adjustments | $554k | $1.9m | ($1.3m) | $673k | $249k | ($79k) | ($1.5m) | $231k | ($2.5m) | $108k | — | |
| Comprehensive income | — | — | — | — | — | $388.0m | $437.1m | $497.1m | $360.4m | $593.2m | — | |
| Comprehensive income attributable to controlling interest | $299.4m | $319.6m | $303.9m | $372.8m | $243.6m | $388.0m | $437.1m | $496.0m | $359.3m | $587.3m | — |
Values abbreviated: b = billions, m = millions, k = thousands. Per share data in USD.