Lamar Advertising annual free cash flow
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Lamar Advertising Free Cash Flow (FCF) History (LAMR)
Lamar Advertising reported $683.2M in free cash flow for fiscal 2025, a decrease of 8.70% from the previous fiscal year, with a free cash flow margin of 30.15%.
View full Lamar Advertising company overviewLamar Advertising free cash flow by year
| Fiscal year | Period ended | Free cash flow | Change | Growth | FCF margin |
|---|---|---|---|---|---|
| 2025 | 2025-12-31 | $683.2M | −$65.1M | −8.70% | +30.15% |
| 2024 | 2024-12-31 | $748.3M | $143.0M | +23.62% | +33.91% |
| 2023 | 2023-12-31 | $605.3M | −$9.2M | −1.50% | +28.68% |
| 2022 | 2022-12-31 | $614.5M | $6.2M | +1.02% | +30.24% |
| 2021 | 2021-12-31 | $608.3M | $100.7M | +19.84% | +34.03% |
| 2020 | 2020-12-31 | $507.6M | $17.7M | +3.61% | +32.35% |
| 2019 | 2019-12-31 | $489.9M | $42.7M | +9.55% | +27.94% |
| 2018 | 2018-12-31 | $447.2M | $49.5M | +12.45% | +27.48% |
| 2017 | 2017-12-31 | $397.7M | −$16.5M | −3.99% | +25.80% |
| 2016 | 2016-12-31 | $414.2M | $47.0M | +12.79% | +27.61% |
| 2015 | 2015-12-31 | $367.2M | $22.3M | +6.46% | — |
| 2014 | 2014-12-31 | $345.0M | $55.9M | +19.34% | — |
| 2013 | 2013-12-31 | $289.1M | $18.7M | +6.92% | — |
| 2012 | 2012-12-31 | $270.3M | $58.6M | +27.67% | — |
| 2011 | 2011-12-31 | $211.8M | −$67.6M | −24.20% | — |
| 2010 | 2010-12-31 | $279.4M | $24.4M | +9.59% | — |
| 2009 | 2009-12-31 | $254.9M | $106.5M | +71.73% | — |
| 2008 | 2008-12-31 | $148.4M | — | — | — |
Lamar Advertising quarterly free cash flow
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| Fiscal quarter | Period ended | Free cash flow | Change | YoY growth | FCF margin |
|---|---|---|---|---|---|
| Q2 2026 | 2026-06-30 | $209.7M | $18.4M | +9.63% | +34.00% |
| Q1 2026 | 2026-03-31 | $114.3M | $16.4M | +16.75% | +21.64% |
| Q4 2025 | 2025-12-31 | $208.3M | −$28.0M | −11.85% | +34.95% |
| Q3 2025 | 2025-09-30 | $185.8M | −$11.4M | −5.80% | +31.73% |
| Q2 2025 | 2025-06-30 | $191.3M | −$42.4M | −18.15% | +33.02% |
| Q1 2025 | 2025-03-31 | $97.9M | $16.8M | +20.69% | +19.36% |
| Q4 2024 | 2024-12-31 | $236.3M | $28.2M | +13.56% | +40.77% |
| Q3 2024 | 2024-09-30 | $197.3M | $13.9M | +7.55% | +34.97% |
| Q2 2024 | 2024-06-30 | $233.7M | $86.3M | +58.50% | +41.34% |
| Q1 2024 | 2024-03-31 | $81.1M | $14.7M | +22.06% | +16.28% |
| Q4 2023 | 2023-12-31 | $208.1M | $13.8M | +7.12% | +37.43% |
| Q3 2023 | 2023-09-30 | $183.4M | −$67,000 | −0.04% | +33.80% |
| Q2 2023 | 2023-06-30 | $147.4M | −$16.1M | −9.85% | +27.25% |
| Q1 2023 | 2023-03-31 | $66.4M | −$6.9M | −9.35% | +14.09% |
| Q4 2022 | 2022-12-31 | $194.2M | $2.6M | +1.37% | +36.27% |
| Q3 2022 | 2022-09-30 | $183.5M | $10.6M | +6.13% | +34.79% |
| Q2 2022 | 2022-06-30 | $163.5M | −$13.3M | −7.52% | +31.58% |
| Q1 2022 | 2022-03-31 | $73.3M | $6.3M | +9.39% | +16.23% |
| Q4 2021 | 2021-12-31 | $191.6M | $829,000 | +0.43% | +38.74% |
| Q3 2021 | 2021-09-30 | $172.9M | $30.5M | +21.39% | +36.25% |
| Q2 2021 | 2021-06-30 | $176.9M | $39.7M | +28.92% | +39.74% |
| Q1 2021 | 2021-03-31 | $67.0M | $29.8M | +79.96% | +18.06% |
| Q4 2020 | 2020-12-31 | $190.8M | $11.2M | +6.21% | +44.52% |
| Q3 2020 | 2020-09-30 | $142.4M | $8.6M | +6.44% | +36.89% |
| Q2 2020 | 2020-06-30 | $137.2M | −$4.5M | −3.20% | +39.46% |
| Q1 2020 | 2020-03-31 | $37.2M | $2.4M | +7.04% | +9.16% |
| Q4 2019 | 2019-12-31 | $179.6M | $20.3M | +12.76% | +38.82% |
| Q3 2019 | 2019-09-30 | $133.8M | $9.2M | +7.38% | +29.23% |
| Q2 2019 | 2019-06-30 | $141.7M | −$4.1M | −2.80% | +31.58% |
| Q1 2019 | 2019-03-31 | $34.8M | $17.3M | +98.49% | +9.05% |
| Q4 2018 | 2018-12-31 | $159.3M | $7.8M | +5.15% | +37.23% |
| Q3 2018 | 2018-09-30 | $124.6M | $25.3M | +25.51% | +29.77% |
| Q2 2018 | 2018-06-30 | $145.8M | $14.1M | +10.74% | +34.73% |
| Q1 2018 | 2018-03-31 | $17.5M | $2.3M | +14.81% | +4.85% |
| Q4 2017 | 2017-12-31 | $151.5M | −$3.7M | −2.39% | +38.02% |
| Q3 2017 | 2017-09-30 | $99.3M | −$214,000 | −0.22% | +24.86% |
| Q2 2017 | 2017-06-30 | $131.7M | $3.1M | +2.38% | +33.16% |
| Q1 2017 | 2017-03-31 | $15.3M | −$15.7M | −50.64% | +4.41% |
| Q4 2016 | 2016-12-31 | $155.2M | $20.7M | +15.38% | — |
| Q3 2016 | 2016-09-30 | $99.5M | −$1.4M | −1.35% | — |
| Q2 2016 | 2016-06-30 | $128.6M | $22.4M | +21.13% | — |
| Q1 2016 | 2016-03-31 | $30.9M | $5.2M | +20.35% | — |
| Q4 2015 | 2015-12-31 | $134.5M | $8.9M | +7.08% | — |
| Q3 2015 | 2015-09-30 | $100.9M | $703,000 | +0.70% | — |
| Q2 2015 | 2015-06-30 | $106.2M | $27.2M | +34.40% | — |
| Q1 2015 | 2015-03-31 | $25.7M | −$14.5M | −36.07% | — |
| Q4 2014 | 2014-12-31 | $125.6M | $53.6M | +74.37% | — |
| Q3 2014 | 2014-09-30 | $100.2M | −$17.6M | −14.96% | — |
| Q2 2014 | 2014-06-30 | $79.0M | $5.7M | +7.76% | — |
| Q1 2014 | 2014-03-31 | $40.2M | $14.3M | +54.96% | — |
| Q4 2013 | 2013-12-31 | $72.0M | −$22.7M | −23.95% | — |
| Q3 2013 | 2013-09-30 | $117.8M | $26.7M | +29.25% | — |
| Q2 2013 | 2013-06-30 | $73.3M | $5.8M | +8.55% | — |
| Q1 2013 | 2013-03-31 | $25.9M | $9.0M | +52.95% | — |
| Q4 2012 | 2012-12-31 | $94.7M | $22.5M | +31.16% | — |
| Q3 2012 | 2012-09-30 | $91.1M | $7.4M | +8.82% | — |
| Q2 2012 | 2012-06-30 | $67.5M | $8.8M | +14.89% | — |
| Q1 2012 | 2012-03-31 | $17.0M | $19.9M | — | — |
| Q4 2011 | 2011-12-31 | $72.2M | −$44.7M | −38.21% | — |
| Q3 2011 | 2011-09-30 | $83.7M | −$1.2M | −1.47% | — |
| Q2 2011 | 2011-06-30 | $58.8M | −$19.4M | −24.82% | — |
| Q1 2011 | 2011-03-31 | −$3.0M | −$2.3M | — | — |
| Q4 2010 | 2010-12-31 | $116.9M | $49.4M | +73.26% | — |
| Q3 2010 | 2010-09-30 | $85.0M | — | — | — |
| Q2 2010 | 2010-06-30 | $78.2M | — | — | — |
| Q1 2010 | 2010-03-31 | −$690,000 | — | — | — |
| Q3 2009 | 2009-09-30 | $67.5M | — | — | — |
Lamar Advertising free cash flow growth trends
Over the last five reported fiscal years, free cash flow grew from $507.6M to $683.2M, a compound annual growth rate of 6.12%. Lamar Advertising's latest reported quarter, Q2 2026, generated $209.7M in free cash flow, an increase of 9.63% year over year.
About the metric
What free cash flow means
Free cash flow is the cash a company generates from operations after capital expenditures. Positive FCF can fund dividends, buybacks, debt repayment, or reinvestment; negative FCF means capital spending exceeded operating cash flow for that period.
Calculation and source
How free cash flow is calculated
TickerStat calculates free cash flow as SEC-reported operating cash flow minus capital expenditures. FCF margin equals free cash flow divided by revenue. Fiscal periods can differ from calendar years, so the tables include exact period-end dates.
Review Lamar Advertising filings at SEC.gov ↗