LAMAR ADVERTISING COLAMR

Market cap

$13.4B

P/E ratio

	Dec 31, 2010	Dec 31, 2011	Dec 31, 2012	Dec 31, 2013	Dec 31, 2014	Dec 31, 2015	Dec 31, 2016	Dec 31, 2017	Dec 31, 2018	Dec 31, 2019	Dec 31, 2020	Dec 31, 2021	Dec 31, 2022	Dec 31, 2023	Dec 31, 2024
Net income	-	-	-	-	-	-	-	-	305	372	243	388	439	497	363
Depreciation and amortization	313	300	296	301	258	191	205	211	225	250	251	271	349	293	463
Stock-based compensation	18	12	14	25	24	26	29	10	29	30	19	37	23	23	45
Amortization of Debt Issuance Costs	17	19	18	15	5	5	5	5	5	5	6	6	6	7	6
Gain on disposition of assets	-	-	-	4	3	9	15	5	-7	7	9	2	16	5	6
Loss on extinguishment of debt	-17	-1	-42	-14	-26	-	-3	-0	-15	-	-25	-22	-	-0	-0
Equity in earnings of investee	-	-	-	-	-	-	-	-	-	-	-	3	4	4	5
Deferred income tax (benefit) expense	-25	4	8	19	-122	11	-0	1	2	-14	-1	2	3	2	-4
Provision for doubtful accounts	9	8	5	6	6	7	7	7	8	11	13	5	9	13	9
Receivables	5	15	14	7	14	9	23	18	33	28	-1	25	23	29	43
Prepaid expenses	-3	-1	-2	-1	-1	1	-1	-0	5	-0	-1	5	1	-1	3
Other assets	-31	2	3	5	-1	4	-5	8	-3	11	-8	-5	-3	3	7
Trade accounts payable	2	-0	-0	-0	1	-0	-1	0	1	1	1	1	1	-0	3
Accrued expenses	-0	-1	2	-6	8	3	10	-10	-6	-2	10	10	-11	-2	19
Operating lease liabilities	-	-	-	-	-	-	-	-	-	9	25	4	7	2	7
Other liabilities	-12	-5	10	-4	4	-5	-4	-5	9	16	-23	20	-5	-11	26
Cash flows provided by operating activities	323	319	376	395	-	-	-	-	565	631	570	734	782	784	874
Capital expenditures	43	107	106	106	108	110	108	109	118	141	62	126	167	178	125
Acquisitions	7	23	206	92	65	154	585	297	477	226	46	312	480	139	45
Decrease in notes receivable	-	-	-	-	-	-	-	-	-	-	-	-	12	0	0
Proceeds from disposition of assets	8	13	8	7	4	10	12	6	7	5	11	6	16	7	6
Cash flows used in investing activities	-41	-117	-303	-192	-	-	-	-	-584	-362	-97	-462	-619	-310	-165
Proceeds from Issuance of Common Stock	10	5	14	21	21	28	23	27	63	44	11	19	19	16	21
Cash used for purchase of treasury shares	2	3	1	4	3	6	6	9	4	9	10	6	11	6	5
Proceeds from Lines of Credit	-	-	-	-	-	-	-	-	-	-	725	200	445	403	783
Payments on revolving credit facility	-	-	-	-	-	-	403	477	481	625	875	25	575	378	569
Principal payments on long-term debt	-	-	-	-	12	15	21	17	27	34	9	0	0	0	0
Principal payments on financing leases	-	-	-	-	-	-	-	-	-	-	-	1	1	1	1
Proceeds from Bank Debt	-	-	100	-	300	-	300	450	599	-	599	-	350	-	-
Payments on senior credit facility term loans	-	-	-	-	-	-	-	-	-	-	978	-	-	-	350
Proceeds from Accounts Receivable Securitization	-	-	-	-	-	-	-	-	175	9	123	180	265	115	86
Payments on accounts receivable securitization program	-	-	-	-	-	-	-	-	-	9	175	128	190	115	86
Debt issuance costs	33	-	23	0	17	-	9	5	8	4	33	9	2	3	0
Distributions to non-controlling interest	-	-	-	-	1	1	0	1	1	1	2	1	1	1	2
Dividends/distributions	-	-	-	-	-	-	294	244	443	385	252	405	509	511	579
Cash flows used in financing activities	-302	-259	-47	-227	-	-	-	-	-74	-264	-378	-295	-209	-482	-703
Effect of exchange rate changes in cash and cash equivalents	-	-	-	-	-	-	-	-	-1	0	0	0	-0	0	-0
Net increase (decrease) in cash and cash equivalents	-	-	-	-	-	-	-	-	-94	5	95	-22	-47	-8	5
Cash paid for interest	-	-	-	-	-	-	-	-	137	140	131	112	120	168	166
Income Taxes Paid	3	3	2	4	13	11	14	13	9	14	4	8	16	11	9