Lamar Advertising Balance Sheet Health
Financial Health criteria checks 3/6
Lamar Advertising has a total shareholder equity of $1.0B and total debt of $3.2B, which brings its debt-to-equity ratio to 309%. Its total assets and total liabilities are $6.5B and $5.5B respectively. Lamar Advertising's EBIT is $531.1M making its interest coverage ratio 3.3. It has cash and short-term investments of $36.1M.
Key information
309.02%
Debt to equity ratio
US$3.19b
Debt
| Interest coverage ratio | 3.3x |
| Cash | US$36.12m |
| Equity | US$1.03b |
| Total liabilities | US$5.52b |
| Total assets | US$6.55b |
Recent financial health updates
No updates
Recent updates
Lamar Advertising: Pullback Provides Opportunity (Rating Upgrade)
Feb 24Lamar 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 03
Elevated Growth And Calculated Acquisitions Propel Media Giant Forward Amid Ad Challenges
Aug 22 Solid local and regional demand, alongside programmatic advertising in digital out-of-home media, promises sustained revenue growth.Lamar 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 29Financial Position Analysis
Short Term Liabilities: LAMR's short term assets ($405.3M) do not cover its short term liabilities ($717.3M).
Long Term Liabilities: LAMR's short term assets ($405.3M) do not cover its long term liabilities ($4.8B).
Debt to Equity History and Analysis
Debt Level: LAMR's net debt to equity ratio (305.5%) is considered high.
Reducing Debt: LAMR's debt to equity ratio has reduced from 312.2% to 309% over the past 5 years.
Debt Coverage: LAMR's debt is well covered by operating cash flow (27.9%).
Interest Coverage: LAMR's interest payments on its debt are well covered by EBIT (3.3x coverage).
Balance Sheet
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2025/05/18 09:46 |
| End of Day Share Price | 2025/05/16 00:00 |
| Earnings | 2025/03/31 |
| Annual Earnings | 2024/12/31 |
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.
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 Github.
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 |