Lamar Advertising Company (LAMR) financial statements (2021 and earlier)

Company profile

Business Address C/O LAMAR ADVERTISING COMPANY
BATON ROUGE, LA 70808
State of Incorp. DE
Fiscal Year End December 31
SIC 6798 - Real Estate Investment Trusts (benchmarking)
More info Complete financial analysis Financial benchmarking

Balance sheet (Statement of financial position) ($ in millions)

12/31/2019
12/31/2018
12/31/2017
12/31/2016
12/31/2015
12/31/2014
12/31/2013
ASSETS
Current Assets
Cash, cash equivalents, and short-term investments262111536222633
Cash and cash equivalents262111536222633
Receivables255236202190174170162
Prepaid expense 815149444342
Other current assets29265240393435
Other undisclosed current assets   21110
Total current assets:310364421316282273282
Noncurrent Assets
Operating lease, right-of-use asset1,321
Property, plant and equipment1,3491,2951,2141,1831,0951,0841,122
Intangible assets, net (including goodwill)2,9052,8352,5372,3641,9491,8801,923
Goodwill1,9121,9191,7401,7261,5471,5131,504
Intangible assets, net (excluding goodwill)992915796637403367419
Deferred costs    283330
Other noncurrent assets57514338373744
Deferred tax assets, net    13(109)
Other undisclosed noncurrent assets     (1)109
Total noncurrent assets:5,6314,1813,7943,5853,1103,0463,120
TOTAL ASSETS:5,9414,5454,2143,9003,3923,3193,402
LIABILITIES AND EQUITY
Liabilities
Current Liabilities
Accounts payable and accrued liabilities122144216152133168124
Accounts payable15211818171613
Accrued liabilities10712219813411510999
Employee-related liabilities     1411
Interest and dividends payable     29 
Deferred revenue127
Debt4232041834211656
Deferred revenue and credits9391888577
Contract with customer, liability107
Other undisclosed current liabilities     (43)(11)
Total current liabilities:673455326277242225245
Noncurrent Liabilities
Long-term debt and lease obligation3,8222,6852,5392,3151,8981,8841,883
Long-term debt, excluding current maturities2,7542,6852,5392,3151,8981,8841,883
Operating lease, liability1,068
Liabilities, other than long-term debt261273246238231228340
Asset retirement obligations226223215211206204201
Deferred tax liabilities, net21122 119
Other liabilities34303026232320
Other undisclosed noncurrent liabilities6      
Total noncurrent liabilities:4,0882,9582,7852,5542,1292,1122,223
Total liabilities:4,7613,4133,1112,8312,3712,3372,469
Stockholders' equity
Stockholders' equity attributable to parent, including:1,1801,1321,1031,0701,021981933
Treasury stock, value(34)(25)(21)(12)(6) (894)
Additional paid in capital1,9221,8521,7621,7131,6641,6122,470
Accumulated other comprehensive income (loss)101(1)(1)24
Accumulated deficit(708)(695)(639)(631)(636)(633)(648)
Other undisclosed stockholders' equity attributable to parent0000000
Total stockholders' equity:1,1801,1321,1031,0701,021981933
TOTAL LIABILITIES AND EQUITY:5,9414,5454,2143,9003,3923,3193,402

Income statement (P&L) ($ in millions)

12/31/2019
12/31/2018
12/31/2017
12/31/2016
12/31/2015
12/31/2014
12/31/2013
Revenues1,7541,6271,5411,5001,3531,2871,246
Revenue, net1,5411,5001,3531,2871,246
Cost of revenue(796)(763)(718)(715)(659)(673)(656)
Cost of goods and services sold(590)(562)(541)(526)(474)(453)(437)
Gross profit:957865823785694614589
Operating expenses(440)(404)(368)(346)(311)(335)(366)
Operating income:518461455439383279223
Nonoperating expense(150)(145)(128)(127)(98)(135)(160)
Interest and debt expense(151)(15)(0)(3)(98)(131)(161)
Other undisclosed income from continuing operations before equity method investments, income taxes     131161
Income from continuing operations before equity method investments, income taxes:21730132730918614363
Other undisclosed income from continuing operations before income taxes151150398  
Income from continuing operations before income taxes:36831632731228514363
Income tax expense (benefit)4(11)(9)(13)(22)110(23)
Net income attributable to parent:37230531829926325440
Other undisclosed net loss available to common stockholders, basic(0)(0)(0)(0)(0)(0)(0)
Net income available to common stockholders, diluted:37230531729826225340

Comprehensive Income ($ in millions)

12/31/2019
12/31/2018
12/31/2017
12/31/2016
12/31/2015
12/31/2014
12/31/2013
Net income:37230531829926325440
Comprehensive income:37230531829926325440
Other undisclosed comprehensive income (loss), net of tax, attributable to parent1(1)21(4)(1)(2)
Comprehensive income, net of tax, attributable to parent:37330432029925925238

Statements sources

The financial statements are based on the company's filings with the The U.S. Securities and Exchange Commission (SEC) through the Electronic Data Gathering, Analysis, and Retrieval system (EDGAR). The information is derived from the 10-K and 10-Q reports submitted to the SEC in XBRL (eXtensible Business Reporting Language) format and presented according to the US GAAP Taxonomy. Please review the original filings for a more detailed information.

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