LAMR Q3 2024 Earnings — Lamar Advertising Company Revenue & Financial Results | Market Cap Arena

LAMRLamar Advertising Company

$14B

Q3 2024 Earnings

Real Estate REIT - Specialty

Income Statement

Revenue

$564M+4.0% YoY

Gross Profit

$382M67.6% margin

Operating Income

$187M33.1% margin

Net Income

$147M26.1% margin

EPS (Diluted)

$1.44

QoQ Revenue Growth

-0.2%

Cash Flow

Operating Cash Flow

$227M

Free Cash Flow

$197M

Stock-Based Comp.

$12M

Balance Sheet

Total Assets

$6.5B

Total Liabilities

$5.3B

Stockholders' Equity

$1.2B

Cash & Equivalents

$30M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$564M	$543M	+4.0%
Gross Profit	$382M	$367M	+3.8%
Operating Income	$187M	$188M	-0.8%
Net Income	$147M	$140M	+5.3%

Revenue Segments

Billboard Advertising

$503M89%

Transit Advertising

$41M7%

Logo Advertising

$21M4%