Lamar Historical Income Statement
| LAMR Stock | USD 134.02 0.40 0.30% |
Historical analysis of Lamar Advertising income statement accounts such as Gross Profit of 793.1 M can show how well Lamar Advertising performed in making a profits. Evaluating Lamar Advertising income statement over time to spot trends is a great complementary tool to traditional technical analysis and can indicate the direction of Lamar Advertising's future profits or losses.
Financial Statement Analysis is much more than just reviewing and examining Lamar Advertising latest accounting reports to predict its past. Macroaxis encourages investors to analyze financial statements over time for various trends across multiple indicators and accounts to determine whether Lamar Advertising is a good buy for the upcoming year.
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About Lamar Income Statement Analysis
Lamar Advertising Income Statement consists of revenues and expenses along with the resulting net income or loss. It represents the profit for the accounting period attributable to Lamar Advertising shareholders. The income statement also shows Lamar investors and management if the firm made money during the period reported. The result of an income statement is the net income that is calculated after subtracting the expenses from revenue. It is essential to investors both as an absolute measure as well as earnings per share (i.e., EPS).
Lamar Advertising Income Statement Chart
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Total Revenue
Total revenue comprises all receipts Lamar Advertising generated from the sale of its products or services. The total amount of income generated by the sale of goods or services related to the company's primary operations.Gross Profit
Gross profit is a required income statement account that reflects total revenue of Lamar Advertising minus its cost of goods sold. It is profit before Lamar Advertising operating expenses, interest payments and taxes. Gross profit is also known as gross margin. The profit a company makes after deducting the costs associated with making and selling its products, or the costs associated with providing its services.Other Operating Expenses
Other Operating Expenses is the expense which generally does not depend on sales or production quantities of Lamar Advertising. It is also known as Lamar Advertising overhead expenses. Typically these expenses include marketing, rent and utilities, office, leases, and other overhead cost. Expenses incurred from non-core business activities, including administrative and general expenses, but excluding costs directly related to production.Operating Income
Operating Income is the amount of profit realized from Lamar Advertising operations after accounting for operating expenses such as cost of goods sold (COGS), wages and depreciation. Operating income takes the gross income and subtracts other operating expenses and then removes depreciation. Operating Income of Lamar Advertising is typically a synonym for earnings before interest and taxes (EBIT) and is also commonly referred to as operating profit or recurring profit. Earnings before interest and taxes (EBIT), representing the amount of profit a company generates from its operations.Most accounts from Lamar Advertising's income statement are interrelated and interconnected. However, analyzing income statement accounts one by one will only give a small insight into Lamar Advertising current financial condition. On the other hand, looking into the entire matrix of income statement accounts, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Lamar Advertising. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in population. To learn how to invest in Lamar Stock, please use our How to Invest in Lamar Advertising guide.At this time, Lamar Advertising's Research Development is relatively stable compared to the past year.
| 2021 | 2022 | 2023 | 2024 (projected) | Interest Expense | 106.4M | 127.5M | 174.5M | 127.5M | Depreciation And Amortization | 1.3B | 1.5B | 293.4M | 383.5M |
Lamar Advertising income statement Correlations
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Lamar Advertising Account Relationship Matchups
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High Negative Relationship
Lamar Advertising income statement Accounts
| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
| Depreciation And Amortization | 243.6M | 1.2B | 1.3B | 1.5B | 293.4M | 383.5M | |
| Interest Expense | 150.6M | 137.6M | 106.4M | 127.5M | 174.5M | 127.5M | |
| Total Revenue | 1.8B | 1.6B | 1.8B | 2.0B | 2.1B | 1.2B | |
| Gross Profit | 1.2B | 1.0B | 1.2B | 1.4B | 1.4B | 793.1M | |
| Other Operating Expenses | 1.2B | 1.2B | 1.3B | 1.5B | 1.4B | 947.1M | |
| Operating Income | 517.7M | 410.1M | 521.2M | 578.0M | 675.4M | 709.2M | |
| Ebit | 517.7M | (528.1M) | (474.6M) | (553.8M) | 680.1M | 714.1M | |
| Ebitda | 761.3M | 652.4M | 793.8M | 916.0M | 973.5M | 519.0M | |
| Cost Of Revenue | 595.5M | 557.7M | 577.0M | 667.8M | 696.8M | 416.5M | |
| Total Operating Expenses | 647.6M | 610.1M | 691.4M | 802.0M | 742.5M | 541.1M | |
| Income Before Tax | 367.9M | 248.0M | 397.3M | 456.1M | 506.6M | 531.9M | |
| Total Other Income Expense Net | (149.9M) | (162.1M) | (123.8M) | (121.9M) | (168.8M) | (160.4M) | |
| Net Income | 372.1M | 243.4M | 388.1M | 438.6M | 495.8M | 520.6M | |
| Income Tax Expense | (4.2M) | 4.7M | 9.3M | 17.5M | 9.8M | 10.3M | |
| Selling General Administrative | 402.9M | 358.8M | 420.5M | 453.1M | 332.8M | 299.9M | |
| Net Income Applicable To Common Shares | 371.7M | 243.0M | 387.7M | 438.3M | 504.0M | 529.2M | |
| Net Income From Continuing Ops | 372.1M | 243.4M | 388.1M | 438.6M | 413.6M | 333.4M | |
| Non Operating Income Net Other | (65K) | (14.9M) | 764K | (24.4M) | (28.1M) | (26.7M) | |
| Tax Provision | (4.2M) | 4.7M | 9.3M | 17.5M | 17.3M | 8.9M | |
| Interest Income | 764K | 797K | 763K | 1.3M | 2.1M | 2.0M | |
| Net Interest Income | (149.9M) | (136.8M) | (105.6M) | (126.2M) | (165.7M) | (174.0M) | |
| Reconciled Depreciation | 250.0M | 251.3M | 271.3M | 349.4M | 370.2M | 303.1M |
Pair Trading with Lamar Advertising
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Lamar Advertising position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Lamar Advertising will appreciate offsetting losses from the drop in the long position's value.Moving against Lamar Stock
The ability to find closely correlated positions to Lamar Advertising could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Lamar Advertising when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Lamar Advertising - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Lamar Advertising to buy it.
The correlation of Lamar Advertising is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Lamar Advertising moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Lamar Advertising moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Lamar Advertising can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Additional Tools for Lamar Stock Analysis
When running Lamar Advertising's price analysis, check to measure Lamar Advertising's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Lamar Advertising is operating at the current time. Most of Lamar Advertising's value examination focuses on studying past and present price action to predict the probability of Lamar Advertising's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Lamar Advertising's price. Additionally, you may evaluate how the addition of Lamar Advertising to your portfolios can decrease your overall portfolio volatility.