LAMRLamar Advertising Company

$14B

Q4 2019 Earnings

Real Estate REIT - Specialty

Income Statement

Revenue

$463M+8.1% YoY

Gross Profit

$308M66.6% margin

Operating Income

$141M30.6% margin

Net Income

$103M22.2% margin

EPS (Diluted)

$1.02

QoQ Revenue Growth

+1.1%

Cash Flow

Operating Cash Flow

$223M

Free Cash Flow

$180M

Stock-Based Comp.

$12M

Balance Sheet

Total Assets

$5.9B

Total Liabilities

$4.8B

Stockholders' Equity

$1.2B

Cash & Equivalents

$26M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$463M	$428M	+8.1%
Gross Profit	$308M	$286M	+7.9%
Operating Income	$141M	$131M	+8.3%
Net Income	$103M	$96M	+7.5%

LAMR Q4 2019 Earnings — Lamar Advertising Company Revenue & Financial Results | Market Cap Arena