LAMR Q3 2022 Earnings — Lamar Advertising Company Revenue & Financial Results | Market Cap Arena

LAMRLamar Advertising Company

$14B

Q3 2022 Earnings

Real Estate REIT - Specialty

Income Statement

Revenue

$527M+10.6% YoY

Gross Profit

$358M68.0% margin

Operating Income

$181M34.3% margin

Net Income

$146M27.7% margin

EPS (Diluted)

$1.44

QoQ Revenue Growth

+1.8%

Cash Flow

Operating Cash Flow

$224M

Free Cash Flow

$183M

Stock-Based Comp.

$5M

Balance Sheet

Total Assets

$6.3B

Total Liabilities

$5.0B

Stockholders' Equity

$1.3B

Cash & Equivalents

$79M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$527M	$477M	+10.6%
Gross Profit	$358M	$330M	+8.7%
Operating Income	$181M	$133M	+35.7%
Net Income	$146M	$107M	+36.8%

Revenue Segments

Billboard Advertising

$471M89%

Transit Advertising

$36M7%

Logo Advertising

$20M4%