Lamar Advertising Balance Sheet Health
Financial Health criteria checks 2/6
Lamar Advertising has a total shareholder equity of $1.2B and total debt of $3.2B, which brings its debt-to-equity ratio to 267.6%. Its total assets and total liabilities are $6.5B and $5.3B respectively. Lamar Advertising's EBIT is $685.8M making its interest coverage ratio 3.9. It has cash and short-term investments of $29.5M.
Key information
267.6%
Debt to equity ratio
US$3.25b
Debt
| Interest coverage ratio | 3.9x |
| Cash | US$29.51m |
| Equity | US$1.21b |
| Total liabilities | US$5.31b |
| Total assets | US$6.52b |
Recent financial health updates
No updates
Recent updates
Lamar Advertising: Steady Performance But The Price Is Too High On The Billboard
Dec 13Lamar Advertising: Solid Fundamentals Are Increasingly In The Price (Rating Downgrade)
Oct 03Lamar Advertising: A Unique REIT With Margin Expansion And AFFO Growth Potential
Jul 15Lamar Advertising: A Solid Q1 With Dividend Hikes Likely To Come
May 06Lamar's Tight Expense Control Facilitates Reliable Growth
Mar 04Lamar Advertising pares some declines after bullish mention
Sep 23Lamar Advertising declares $1.20 dividend
Sep 06Lamar Advertising GAAP EPS of $1.32 beats by $0.05, revenue of $517.85M
Aug 03Lamar Advertising: An Even Better Opportunity Than Before
Jun 29Lamar Advertising: Inflation Hedge And Low Competition
Apr 22Financial Position Analysis
Short Term Liabilities: LAMR's short term assets ($412.3M) do not cover its short term liabilities ($738.7M).
Long Term Liabilities: LAMR's short term assets ($412.3M) do not cover its long term liabilities ($4.6B).
Debt to Equity History and Analysis
Debt Level: LAMR's net debt to equity ratio (265.2%) is considered high.
Reducing Debt: LAMR's debt to equity ratio has increased from 261.5% to 267.6% over the past 5 years.
Debt Coverage: LAMR's debt is well covered by operating cash flow (26.1%).
Interest Coverage: LAMR's interest payments on its debt are well covered by EBIT (3.9x coverage).
Balance Sheet
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2025/01/02 14:52 |
| End of Day Share Price | 2024/12/31 00:00 |
| Earnings | 2024/09/30 |
| Annual Earnings | 2023/12/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
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| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.
Analysis Model and Snowflake
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Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .
Analyst Sources
Lamar Advertising Company is covered by 33 analysts. 5 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| George Hawkey | Barclays |
| Anthony DiClemente | Barclays |
| Frederick Moran | Benchmark Company |