Market cap is the total market value to buy the whole company. It is equal to the share price times the number of Shares Outstanding (EOP). Lamar Advertising Co's share price for the quarter that ended in Dec. 2023 was $106.28. Lamar Advertising Co's Shares Outstanding (EOP) for the quarter that ended in Dec. 2023 was 102 Mil. Therefore, Lamar Advertising Co's market cap for the quarter that ended in Dec. 2023 was $10,848 Mil.
Lamar Advertising Co's quarterly market cap
declined
from Jun. 2023 ($10,120 Mil) to Sep. 2023 ($8,514 Mil) but then
increased
from Sep. 2023 ($8,514 Mil) to Dec. 2023 ($10,848 Mil).
Lamar Advertising Co's annual market cap
declined
from Dec. 2021 ($12,284 Mil) to Dec. 2022 ($9,605 Mil) but then
increased
from Dec. 2022 ($9,605 Mil) to Dec. 2023 ($10,848 Mil).
Enterprise Value is the theoretical takeover price. It is more comprehensive than market capitalization (market cap), which only includes common equity. Enterprise Value is calculated as the market cap plus debt and minority interest and preferred shares, minus total cash and cash equivalents. Lamar Advertising Co's Enterprise Value for Today is $16,230 Mil.
Lamar Advertising Co Market Cap Historical Data
The historical data trend for Lamar Advertising Co's Market Cap 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.
For the REIT - Specialty subindustry, Lamar Advertising Co's Market Cap, along with its competitors' market caps and Market Cap data, can be viewed below:
* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.
Lamar Advertising Co Market Cap Distribution
For the REITs industry and Real Estate sector, Lamar Advertising Co's Market Cap distribution charts can be found below:
* The bar in red indicates where Lamar Advertising Co's Market Cap falls into.
Lamar Advertising Co Market Cap Calculation
Market cap is the short version of market capitalization. It is the total market value to buy the whole company. It is equal to the share price times the number of shares outstanding.
Lamar Advertising Co's Market Cap for the fiscal year that ended in Dec. 2023 is calculated as
* 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.
Lamar Advertising Co (NAS:LAMR) Market Cap Explanation
Market cap is not the real price you pay for a company. If you buy the company and become its owner, you become the owner of the cash the company has, and you also assume the companys debt. The real price you pay is the Enterprise Value.
Warren Buffett uses the ratio of total market cap of all public traded companies over GDP to measure if the market is expensive. As of April 2012, the US total market cap is about $14.7 trillion, while the US GDP is about $15 trillion. The market was modestly overvalued.
Lamar Advertising Co Market Cap Related Terms
Thank you for viewing the detailed overview of Lamar Advertising Co's Market Cap provided by GuruFocus.com. Please click on the following links to see related term pages.
Lamar Advertising Co (Lamar Advertising Co) Business Description
Lamar Advertising Co is an outdoor advertising company organized as a real estate investment trust for U.S. federal income tax purposes. Lamar's core revenue-generating activity is leasing space for advertising on billboards, buses, shelters, benches, logo plates, and airport terminals through short-term agreements. The company is involved in this process from ad copy production to the placement and maintenance of physical advertisements. The vast majority of Lamar's revenue comes from renting ad space on its portfolio of static and digital roadside billboard displays in the U.S. The states of Pennsylvania and Texas house a proportion of these. The company's customers are restaurant, service, healthcare, and retail firms in terms of total revenue.
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