Lamar Advertising Cash Flow Statement
NASDAQ: LAMRReal EstateReal Estate Investment TrustsUSD
At close: Oct 9, 4:00 PM ET · Delayed 15 min
Lamar Advertising free cash flow
In fiscal 2025, Lamar Advertising generated $864.0 million of operating cash flow and spent $180.8 million on capital expenditures. That left free cash flow of $683.2 million, a free-cash-flow margin of 30.1% of revenue. Free cash flow was down 8.7% from the prior year's $748.3 million.
Lamar Advertising returned $814.1 million to shareholders: $656.2 million in dividends and $157.9 million in share repurchases, equal to 119% of free cash flow. Free cash flow covered dividend payments 1.0 times.
Summary generated from market data by MetaCap's automated system. Methodology
Lamar Advertising cash flow statement (annual)
| Fiscal year (USD) | FY 20252025-12-31 | FY 20242024-12-31 | FY 20232023-12-31 | FY 20222022-12-31 | FY 20212021-12-31 | FY 20202020-12-31 | FY 20192019-12-31 | FY 20182018-12-31 | FY 20172017-12-31 | FY 20162016-12-31 |
|---|---|---|---|---|---|---|---|---|---|---|
| Net Income | 593.07M | 362.94M | 496.84M | 438.65M | 388.09M | 243.39M | 372.11M | 305.23M | 317.68M | 298.81M |
| Net Income growth (YoY) | +63.41% | -26.95% | +13.27% | +13.03% | +59.45% | -34.59% | +21.91% | -3.92% | +6.31% | +13.80% |
| Depreciation & Amortization | 326.33M | 462.97M | 293.42M | 349.45M | 271.29M | 251.30M | 250.03M | 225.26M | 211.10M | 204.96M |
| Stock-Based Compensation | 33.96M | 44.52M | 22.65M | 23.14M | 37.37M | 18.77M | 29.65M | 29.44M | 9.60M | 28.56M |
| Change in Working Capital | -39.64M | -20.75M | -43.77M | -23.49M | 1.70M | -12.82M | -23.30M | -20.47M | -30.26M | -22.03M |
| Operating Cash Flow | 864.05M | 873.61M | 783.61M | 781.61M | 734.42M | 569.87M | 630.87M | 564.85M | 507.02M | 521.82M |
| Capital Expenditures | -180.80M | -125.28M | -178.27M | -167.08M | -126.09M | -62.27M | -140.96M | -117.64M | -109.33M | -107.61M |
| Investing Cash Flow | -244.63M | -164.91M | -310.12M | -619.07M | -461.76M | -96.89M | -362.03M | -584.15M | -400.07M | -680.98M |
| Dividends Paid | -656.22M | -579.21M | -510.62M | -508.61M | -405.17M | -252.31M | -385.18M | -443.09M | -244.20M | -293.96M |
| Share Repurchases | -157.92M | -5.34M | -5.99M | -10.51M | -6.07M | -10.49M | -8.88M | -4.11M | -9.00M | -6.20M |
| Debt Issued | 400.00M | 0 | 0 | 0 | 0 | 8.75M | 0 | — | — | 400.00M |
| Debt Repaid | -600.00M | -400.00K | -381.00K | -365.00K | -378.00K | -9.11M | -34.47M | -27.33M | -16.99M | -21.12M |
| Financing Cash Flow | -604.32M | -703.42M | -481.63M | -209.32M | -294.52M | -377.92M | -264.36M | -73.56M | -28.64M | 171.91M |
| Net Change in Cash | 15.35M | 4.86M | -8.01M | -47.17M | -21.78M | 95.38M | 4.69M | -93.98M | 79.94M | 13.20M |
| Free Cash Flow | 683.25M | 748.33M | 605.34M | 614.53M | 608.33M | 507.60M | 489.91M | 447.21M | 397.69M | 414.21M |
This table shows 10 annual periods of Lamar Advertising's cash flow statement, from FY 2025 back to FY 2016, across 14 line items including net income, depreciation & amortization, stock-based compensation. Values in USD; B = billions, M = millions. Fiscal periods follow LAMR's reporting calendar. What is a cash flow statement?