Lamar Advertising Co (FRA:6LA) ROCE % : 2.86% (As of Dec. 2024)

View and export this data going back to 2000. Start your Free Trial

What is Lamar Advertising Co ROCE %?

ROCE % measures how well a company generates profits from its capital. It is calculated as EBIT divided by Capital Employed, where Capital Employed is calculated as Total Assets minus Total Current Liabilities. Lamar Advertising Co's annualized ROCE % for the quarter that ended in Dec. 2024 was 2.86%.

Lamar Advertising Co ROCE % Historical Data

The historical data trend for Lamar Advertising Co's ROCE % 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.

* Premium members only.

Lamar Advertising Co ROCE % Chart

Lamar Advertising Co Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

ROCE %

Get a 7-Day Free Trial

7.00

9.82

10.81

11.58

9.44

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
ROCE %	Get a 7-Day Free Trial															13.13	8.77	13.44	13.22	2.86

Lamar Advertising Co ROCE % Calculation

Lamar Advertising Co's annualized ROCE % for the fiscal year that ended in Dec. 2024 is calculated as:

ROCE %	=	EBIT	/	( (Capital Employed	+	Capital Employed)	/ count )
		(A: Dec. 2024 )		(A: Dec. 2023 )		(A: Dec. 2024 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(A: Dec. 2024 )		(A: Dec. 2023 )		(A: Dec. 2024 )
	=	514.916	/	( ( (6018.841 - 654.644)	+	(6290.154 - 743.443) )	/ 2 )
	=	514.916	/	( (5364.197	+	5546.711)	/ 2 )
	=	514.916	/	5455.454
	=	9.44 %

Lamar Advertising Co's ROCE % of for the quarter that ended in Dec. 2024 is calculated as:

ROCE %	=	EBIT ⁽¹⁾	/	( (Capital Employed	+	Capital Employed)	/ count )
		(Q: Dec. 2024 )		(Q: Sep. 2024 )		(Q: Dec. 2024 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(Q: Dec. 2024 )		(Q: Sep. 2024 )		(Q: Dec. 2024 )
	=	153.86	/	( ( (5874.581 - 665.596)	+	(6290.154 - 743.443) )	/ 2 )
	=	153.86	/	( ( 5208.985	+	5546.711 )	/ 2 )
	=	153.86	/	5377.848
	=	2.86 %

(1) Note: The EBIT data used here is four times the quarterly (Dec. 2024) EBIT data.

Lamar Advertising Co (FRA:6LA) ROCE % Explanation

ROCE % can be especially useful when comparing the performance of capital-intensive companies. Unlike ROE %, which indicates the profitability of Shareholders Equity, ROCE % also considers long-term debt in Capital Employed. This can be helpful when analyzing companies with significant debt, as the result is neutralized by taking debt into consideration.

Generally speaking, a higher ROCE % indicates a stonger profitability for a company. Moreover, it is important to look at the ratio from a long term perspective. Investors tend to favor companies with stable and rising ROCE % trend over those with volatile ones.

Lamar Advertising Co ROCE % Related Terms

Thank you for viewing the detailed overview of Lamar Advertising Co's ROCE % provided by GuruFocus.com. Please click on the following links to see related term pages.

Lamar Advertising Co Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » REITs » Lamar Advertising Co (FRA:6LA) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

LAMR:USA

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.

Lamar Advertising Co Headlines

No Headlines