Lamar Advertising Co (OQ:LAMR)
Business Focus: N/A
| Sector: N/A | Industry: N/A |
| See Regulatory Filings on SEC | |
| Company Contact | |
| Address: | 5321 Corporate Boulevard BATON ROUGE LA 70808 |
| Tel: | N/A |
| Website: | https://www.lamar.com |
| IR: | See website |
| Key People | ||
| Kevin P. Reilly Executive Chairman of the Board | Sean E. Reilly President, Chief Executive Officer | Jay LeCoryelle Johnson Chief Financial Officer, Executive Vice President, Treasurer |
| Business Overview |
| Lamar Advertising Company is an outdoor advertising company. The Company rents space for advertising on billboards, buses, shelters, benches, logo plates and in airport terminals. The Company operates three types of outdoor advertising displays: billboards, logo signs and transit advertising displays. The Company owns and operates approximately 160,400 billboard advertising displays in 45 states and Canada. It rents its advertising space on two types of billboards: bulletins and posters. In addition to traditional billboards, it also rents space for digital billboards, which are generally located on traffic arteries and city streets. It owns and operates approximately 4,750 digital billboard advertising displays in 43 states and Canada. It also provides logo signs in the United States, operating approximately 23 of the 26 privatized state logo sign contracts. The Company also operates approximately 139,250 logo sign advertising displays in 23 states and the province of Ontario, Canada. |
| Financial Overview |
| For the fiscal year ended 31 December 2023, Lamar Advertising Co revenues increased 4% to $2.11B. Net income applicable to common stockholders increased 13% to $495.4M. Revenues reflect Billboard Advertising segment increase of 4% to $1.88B, Transit Advertising segment increase of 9% to $150.8M, Foreign countries segment increase of 4% to $30.6M. Net income benefited from Depreciation and amortization - Balance decrease of 16% to $290.6M |
| Employees: | 3,550 as of Dec 31, 2023 |
| Reporting Currency: | U.S. Dollars |
| Enterprise value: | $14,703M as of Dec 31, 2023 |
| Annual revenue (TTM): | $2,111M as of Dec 31, 2023 |
| EBITDA (TTM): | $963.38M as of Dec 31, 2023 |
| Net annual income (TTM): | $495.40M as of Dec 31, 2023 |
| Free cash flow (TTM): | $94.73M as of Dec 31, 2023 |
| Net Debt Last Fiscal Year: | $3,312M as of Dec 31, 2023 |
| Shares outstanding: | 102,209,616 as of Mar 18, 2024 |
| Index Membership: | S&P 400 Mid Cap |
| TTM: Trailing Twelve Months EBITDA: Earnings Before Interest, Taxes, Depreciation, & Amortization | |
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