← LAMAR ADVERTISING CO/NEW
| Annual Trend | FY 2016 | FY 2017 | FY 2018 | FY 2019 | FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Net Revenues | $1.5b | $1.5b | $1.6b | $1.8b | $1.6b | $1.8b | $2.0b | $2.1b | $2.2b | $2.3b | |
| Revenue from Contract with Customer, Including Assessed Tax | $1.5b | $1.5b | $1.6b | $1.8b | $1.6b | $1.8b | $2.0b | $2.1b | $2.2b | $2.3b | |
| Cost of Revenue | $525.6m | $540.9m | $561.8m | $590.1m | $557.7m | $576.5m | $667.3m | $696.8m | $727.9m | $746.9m | |
| Operating expenses: | |||||||||||
| Total operating expenses | $1.1b | $1.1b | $1.2b | $1.2b | $1.2b | $1.3b | $1.5b | $1.4b | $1.7b | $1.5b | |
| Operating Income (Loss) | $439.0m | $455.4m | $460.6m | $517.7m | $410.1m | $521.2m | $578.0m | $675.4m | $532.0m | $774.1m | |
| Additional Financial Items | |||||||||||
| Income (Loss) from Equity Method Investments | — | — | — | — | — | $3.4m | $4.3m | $3.7m | $5.1m | $206k | |
| Amortization of Intangible Assets | $80.9m | $85.3m | $95.0m | $113.7m | $110.2m | $114.3m | $134.3m | $140.0m | $141.9m | $144.4m | |
| Goodwill, Impairment Loss | $0 | $0 | $0 | — | — | — | — | — | — | — | |
| Income (Loss) from Continuing Operations before Income Taxes, Domestic | $313.4m | $332.6m | $317.7m | $357.4m | $249.7m | $395.8m | $446.4m | $509.0m | $368.9m | $622.7m | |
| Depreciation and amortization (note 11) | $205.0m | $211.1m | $225.3m | $250.0m | $251.3m | $271.3m | $349.4m | $293.4m | $463.0m | $326.3m | |
| Gain on disposition of assets and investments | ($15.1m) | ($4.7m) | $7.2m | ($7.2m) | ($9.0m) | ($2.1m) | ($15.7m) | ($5.5m) | ($6.1m) | ($75.9m) | |
| Loss on extinguishment of debt | $3.2m | $71k | $15.4m | $0 | $25.2m | $21.6m | $0 | $115k | $270k | $2.0m | |
| Interest income | ($6k) | ($6k) | ($534k) | ($764k) | ($797k) | ($763k) | ($1.3m) | ($2.1m) | ($2.3m) | ($2.6m) | |
| Equity in earnings of investee | — | — | — | $0 | $0 | ($3.4m) | ($4.3m) | ($3.7m) | ($5.1m) | ($206k) | |
| Preferred stock dividends | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | |
| Foreign currency translation adjustments | $554k | $1.9m | ($1.3m) | $673k | $249k | ($79k) | ($1.5m) | $231k | ($2.5m) | $108k | |
| Comprehensive income | — | — | — | — | — | $388.0m | $437.1m | $497.1m | $360.4m | $593.2m | |
| Comprehensive income attributable to controlling interest | $299.4m | $319.6m | $303.9m | $372.8m | $243.6m | $388.0m | $437.1m | $496.0m | $359.3m | $587.3m | |
| Income (Loss) from Continuing Operations before Income Taxes, Noncontrolling Interest | $312.2m | $326.9m | $315.9m | $367.9m | $248.0m | $397.3m | $456.1m | $506.6m | $367.5m | $614.4m | |
| Net income attributable to non-controlling interest | — | — | — | — | — | $0 | $0 | $1.1m | $1.1m | $5.9m | |
| Net Income (Loss) Attributable to Parent | $298.8m | $317.7m | $305.2m | $372.1m | $243.4m | $388.1m | $438.6m | $495.8m | $361.9m | $587.2m | |
| Net Income (Loss) Available to Common Stockholders, Basic | $298.4m | $317.3m | $304.9m | $371.7m | $243.0m | $387.7m | $438.3m | $495.4m | $361.5m | $586.8m | |
| Net Income (Loss) Attributable to Noncontrolling Interest | — | — | — | — | — | — | — | $1.1m | $1.1m | $5.9m | |
| Earnings Per Share, Basic | $3.07 | $3.24 | $3.09 | $3.71 | $2.41 | $3.83 | $4.32 | $4.86 | $3.54 | $5.78 | |
| Earnings Per Share, Diluted | $3.05 | $3.23 | $3.08 | $3.71 | $2.41 | $3.83 | $4.31 | $4.85 | $3.52 | $5.77 | |
| Common Stock, Dividends, Per Share, Declared | $3.02 | $3.32 | $3.65 | $3.84 | $2.50 | $4.00 | $5.00 | $5.00 | $5.65 | $6.45 | |
| Preferred Stock, Dividends Per Share, Declared | $3.02 | $3.32 | $3.65 | $3.84 | $2.50 | $4.00 | $5.00 | $5.00 | $63.80 | $63.80 | |
| Weighted Average Number of Shares Outstanding, Basic | 97.1m | 97.9m | 98.8m | 100.1m | 100.8m | 101.1m | 101.5m | 101.9m | 102.3m | 101.6m | |
| Weighted average number of shares outstanding basic (in shares) | 97.1m | 97.9m | 98.8m | 100.1m | 100.8m | 101.1m | 101.5m | 101.9m | 102.3m | 101.6m | |
| Weighted average common shares outstanding diluted (in shares) | 97.7m | 98.4m | 99.1m | 100.3m | 100.9m | 101.3m | 101.6m | 102.1m | 102.6m | 101.6m | |
| Weighted Average Number of Shares Outstanding, Diluted | 97.7m | 98.4m | 99.1m | 100.3m | 100.9m | 101.3m | 101.6m | 102.1m | 102.6m | 101.6m | |
| General and Administrative Expense | $269.4m | $276.2m | $289.4m | $318.4m | $287.9m | $327.0m | $350.6m | $344.8m | $361.1m | $368.7m | |
| Other General and Administrative Expense | $76.4m | $62.3m | $82.9m | — | — | — | — | — | — | — | |
| General and administrative expenses (exclusive of depreciation and amortization) | $269.4m | $276.2m | $289.4m | $318.4m | $287.9m | $327.0m | $350.6m | $344.8m | $361.1m | $368.7m | |
| Direct advertising expenses (exclusive of depreciation and amortization) | $525.6m | $540.9m | $561.8m | $590.1m | $557.7m | $576.5m | $667.3m | $696.8m | $727.9m | $746.9m | |
| Corporate expenses (exclusive of depreciation and amortization) | $76.4m | $62.3m | $82.9m | $84.7m | $70.9m | $93.6m | $102.5m | $106.0m | $129.1m | $126.2m | |
| Interest Expense (non-operating) | — | — | — | — | — | — | — | — | $171.7m | $160.4m | |
| Interest Expense | $123.7m | $128.4m | $129.7m | $150.6m | $137.6m | $106.4m | $127.5m | $174.5m | $171.7m | $160.4m | |
| Income before income tax expense | $312.2m | $326.9m | $315.9m | $367.9m | $248.0m | $397.3m | $456.1m | $506.6m | $367.5m | $614.4m | |
| Current Income Tax Expense (Benefit) | $13.7m | $8.4m | $9.2m | $9.9m | $5.5m | $7.7m | $14.2m | $7.4m | $8.6m | $28.9m | |
| Income tax expense (note 12) | $13.4m | $9.2m | $10.7m | ($4.2m) | $4.7m | $9.3m | $17.5m | $9.8m | $4.5m | $21.3m | |
| Total other expense (income) | $126.9m | $128.5m | $144.6m | $149.9m | $162.1m | $123.8m | $121.9m | $168.8m | $164.6m | $159.7m | |
| Income Tax Expense (Benefit) | $13.4m | $9.2m | $10.7m | ($4.2m) | $4.7m | $9.3m | $17.5m | $9.8m | $4.5m | $21.3m |
Values abbreviated: b = billions, m = millions, k = thousands. Per share data in USD.