LAMR Q2 2024 Earnings — Lamar Advertising Company Revenue & Financial Results | Market Cap Arena

LAMRLamar Advertising Company

$14B

Q2 2024 Earnings

Real Estate REIT - Specialty

Income Statement

Revenue

$565M+4.5% YoY

Gross Profit

$382M67.6% margin

Operating Income

$184M32.6% margin

Net Income

$137M24.3% margin

EPS (Diluted)

$1.34

QoQ Revenue Growth

+13.5%

Cash Flow

Operating Cash Flow

$256M

Free Cash Flow

$234M

Stock-Based Comp.

$11M

Balance Sheet

Total Assets

$6.6B

Total Liabilities

$5.4B

Stockholders' Equity

$1.2B

Cash & Equivalents

$78M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$565M	$541M	+4.5%
Gross Profit	$382M	$369M	+3.4%
Operating Income	$184M	$177M	+4.2%
Net Income	$137M	$131M	+5.2%

Revenue Segments

Billboard Advertising

$502M89%

Transit Advertising

$42M7%

Logo Advertising

$22M4%