Lamar Advertising Company

Lamar Advertising Company

Lamar Advertising | Billboard, Digital, Transit and Airport Advertising Media Provider. Learn more

Launch date
Employees
Market cap
$13.0b
Enterprise valuation
$17.6b (Public information from Sep 2024)
Baton Rouge Louisiana (HQ)

Financials

Estimates*

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Revenues, earnings & profits over time
USD2020202120222023202420252026
Revenues1.6b1.8b2.0b2.1b2.2b2.3b2.4b
% growth(11 %)14 %14 %4 %5 %5 %4 %
EBITDA653m795m917m969m1.0b1.1b1.2b
% EBITDA margin42 %44 %45 %46 %47 %47 %48 %
Profit243m388m439m496m524m596m662m
% profit margin16 %22 %22 %23 %24 %26 %27 %
EV / revenue7.1x8.5x6.3x6.7x7.2x6.9x6.6x
EV / EBITDA17.1x19.1x14.0x14.6x15.5x14.6x13.8x
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DateInvestorsAmountRound
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N/A

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IPO
*

$393k

Post IPO Equity
Total Funding-

Recent News about Lamar Advertising Company

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Lamar Advertising Company is a leading provider of outdoor advertising solutions, specializing in both digital and traditional billboards. The company serves a diverse range of clients, including local businesses, national brands, and government agencies, offering them high-visibility advertising spaces in prime locations. Operating primarily in the United States, Lamar's extensive network includes bulletins, posters, digital displays, and transit advertising options such as bus and rail ads. The business model is based on leasing advertising space to clients on a short-term or long-term basis, generating revenue through these leases. Lamar's competitive edge lies in its expansive inventory and strategic locations, which provide advertisers with unparalleled reach and impact. The company also leverages advanced technology to offer real-time data and analytics, enhancing the effectiveness of advertising campaigns.

Keywords: outdoor advertising, digital billboards, traditional billboards, transit ads, high-visibility, prime locations, leasing, real-time data, analytics, extensive network.

Tech stack

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Tech stackLearn more about the technologies and tools that this company uses.

Investments by Lamar Advertising Company

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Steen Outdoor Advertising
ACQUISITION by Lamar Advertising Company Aug 2017
Colossal Media
ACQUISITION by Lamar Advertising Company Dec 2021
Maloney Outdoor Advertising
ACQUISITION by Lamar Advertising Company Jan 2022
Burkhart Advertising
ACQUISITION by Lamar Advertising Company May 2022