Lamar (LAMR) Q4 2025 Earnings Call Transcript
The Motley Fool
by newsfeedback@fool.com (Motley Fool Transcribing)February 20, 2026
AI-Generated Deep Dive Summary
Lamar (LAMR) reported strong financial performance in its Q4 2025 earnings call, with adjusted revenue growth exceeding expectations. Excluding political advertising, the company saw a 4% year-over-year increase in adjusted revenue, with December alone achieving nearly 6% growth, bringing full-year revenue to $2.27 billion. Adjusted EBITDA rose by 3.7% to $288.9 million, marking a margin expansion of 40 basis points to 48.5%. Funds From Operations (AFFO) per share increased to $2.24 for the quarter and $8.26 for the full year, with guidance for 2026 set at $8.50–$8.70 per share, targeting 4.1% growth.
The company also highlighted its digital expansion strategy, adding 111 digital displays in Q4, bringing the total to 5,553 and accounting for 33.7% of Q4 revenue and 31.6% of full-year revenue. Program
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Originally published on The Motley Fool on 2/20/2026