Lamar Advertising Co.

LAMR ·Real Estate, REIT - Diversified, United States
Financial Statements Income Statement
Annual Quarterly

Income Statement

Line Item FY2017 FY2016
Revenue $1.54B $1.50B
Cost of Revenue $540.9M $525.6M
Gross Profit $1.00B $974.7M
Gross Margin 64.9% 65.0%
Operating Expenses
Research & Development
SG&A Expense $276.2M $269.4M
Operating Income $455.4M $439.0M
Operating Margin 29.5% 29.3%
Interest Expense $128.4M $123.7M
Pretax Income $326.9M $312.2M
Income Tax Expense $9.2M $13.4M
Net Income $317.7M $298.8M
Net Margin 20.6% 19.9%
EPS (Basic) $3.24 $3.07
EPS (Diluted) $3.23 $3.05
Shares Outstanding (Basic) 97.9M 97.1M
Shares Outstanding (Diluted) 98.4M 97.7M
Dividends Per Share $3.32 $3.02
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