Lamar Advertising Co (MEX:LAMR) Interest Expense : MXN-3,229 Mil (TTM As of Dec. 2024)

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What is Lamar Advertising Co Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Lamar Advertising Co's interest expense for the three months ended in Dec. 2024 was MXN -833 Mil. Its interest expense for the trailing twelve months (TTM) ended in Dec. 2024 was MXN-3,229 Mil.

Interest Coverage is a ratio that determines how easily a company can pay interest expenses on outstanding debt. It is calculated by dividing a company's Operating Income(EBIT) by its Interest Expense. Lamar Advertising Co's Operating Income for the three months ended in Dec. 2024 was MXN 753 Mil. Lamar Advertising Co's Interest Expense for the three months ended in Dec. 2024 was MXN -833 Mil. Lamar Advertising Co's Interest Coverage for the quarter that ended in Dec. 2024 was 0.90. The higher the ratio, the stronger the company's financial strength is. Note: If both Interest Expense and Interest Income are empty, while Net Interest Income is negative, then use Net Interest Income as Interest Expense.

Lamar Advertising Co Interest Expense Historical Data

The historical data trend for Lamar Advertising Co's Interest Expense can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

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Lamar Advertising Co Interest Expense Chart

Lamar Advertising Co Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

Interest Expense

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-2,737.60

-2,182.36

-2,485.94

-2,962.21

-3,581.11

Lamar Advertising Co Quarterly Data
	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24	Dec24
Interest Expense	Get a 7-Day Free Trial															-752.79	-738.32	-812.26	-845.44	-833.14

Lamar Advertising Co Interest Expense Calculation

Interest Expense is the amount reported by a company or individual as an expense for borrowed money.

Interest Expense for the trailing twelve months (TTM) ended in Dec. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was MXN-3,229 Mil.

Lamar Advertising Co (MEX:LAMR) Interest Expense Explanation

Note: If both Interest Expense and Interest Income are empty, while Net Interest Income is negative, then use Net Interest Income as Interest Expense.

Lamar Advertising Co's Interest Expense for the three months ended in Dec. 2024 was MXN-833 Mil. Its Operating Income for the three months ended in Dec. 2024 was MXN753 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Dec. 2024 was MXN85,274 Mil.

Lamar Advertising Co's Interest Coverage for the quarter that ended in Dec. 2024 is calculated as

Interest Coverage	=	-1	*	Operating Income (Q: Dec. 2024 )	/	Interest Expense (Q: Dec. 2024 )
	=	-1	*	752.599	/	-833.144
	=	0.90

The higher the ratio, the stronger the company's financial strength is.

Lamar Advertising Co Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » REITs » Lamar Advertising Co (MEX:LAMR) » Definitions » Interest Expense

Comparable Companies

Traded in Other Exchanges

LAMR:USA 6LA:Germany

Address

5321 Corporate Boulevard, Baton Rouge, LA, USA, 70808

Website

https://www.lamar.com

Lamar Advertising Co is an outdoor advertising companies in the United States and operates as a Real Estate Investment Trust. It rent space for advertising on billboards, buses, shelters, benches, logo plates and in airport terminals and also offer customers a fully integrated service with all aspects of their display requirements from ad copy production to placement and maintenance. It has two operating segments: billboard and Others. Key revenue is generated from Billboard segment.