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Selling, general, & admin. expense (SGA) includes the direct and indirect costs and all general and administrative expenses of a company. Lamar Advertising Co's selling, general, & admin. expense for the
three
months ended in Mar. 2026 was R$510 Mil.
Its selling, general, & admin. expense for the trailing twelve months (TTM) ended in Mar. 2026 was R$2,003 Mil.
Lamar Advertising Co (BSP:L1AM34) Selling, General, & Admin. Expense Explanation
An efficient operation keeps SGA costs low and thus has higher profit margin. The percentage of SGA relative to total revenue is an indication of how efficiently the company operates. Compare this percentage among the companies in the same industry is a good way of finding more efficient operations. A comparison of the SGA cost relative to the revenue with the historical value can also be an indication of how efficient the company has become.
Warren Buffett likes companies with consistent SGA as the percentage of gross profit.
Companies with no durable competitive advantage show wild variation in SG&A as % of Gross Profit.
If SGA is less than 30% of Gross Profit, it is fantastic. If SGA is nearing 100%, it is is in highly competitive industry.
Lamar Advertising Co Selling, General, & Admin. Expense Related Terms
Lamar Advertising Co Selling, General, & Admin. Expense Historical Data
* Premium members only.
The historical data trend for Lamar Advertising Co's Selling, General, & Admin. 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.
Lamar Advertising Co Selling, General, & Admin. Expense Chart
BSP:L1AM34 vs WY, SBAC, GLPI: Selling, General, & Admin. Expense Comparison
For the REIT - Specialty subindustry, Lamar Advertising Co's Selling, General, & Admin. Expense, along with its competitors' market caps and Selling, General, & Admin. Expense 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 Selling, General, & Admin. Expense vs REITs Industry
For the REITs industry and Real Estate sector, Lamar Advertising Co's Selling, General, & Admin. Expense distribution charts can be found below:
* The bar in red indicates where Lamar Advertising Co's Selling, General, & Admin. Expense falls into.
Lamar Advertising Co Selling, General, & Admin. Expense Calculation
Selling, General, & Admin. Expense (SGA) includes the direct and indirect costs and all general and administrative expenses of a company. For instance, personnel cost, advertising, rent, communication costs are all part of SGA.
Selling, General, & Admin. Expense for the trailing twelve months (TTM) ended in Mar. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was R$2,003 Mil.
* 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.
What does a Selling, General, & Admin. Expense of R$2,003 Mil mean?
Lamar Advertising Co (BSP:L1AM34) has a Selling, General, & Admin. Expense of R$2,003 Mil as of Mar. 2026. Selling, general and admin expense is the total cost for direct, indirect, general and administrative activities. View historical data on Lamar Advertising Co and its competitors.
Is Lamar Advertising Co's Selling, General, & Admin. Expense too high?
Lamar Advertising Co's current Selling, General, & Admin. Expense is R$2,003 Mil. Overall, Lamar Advertising Co has a GF Score™ of 85/100, reflecting its overall financial health beyond just this single metric.
How does Lamar Advertising Co's Selling, General, & Admin. Expense compare to WY and SBAC?
Lamar Advertising Co's Selling, General, & Admin. Expense of R$2,003 Mil can be compared against companies in the REITs industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Selling, General, & Admin. Expense for a REITs company?
A good Selling, General, & Admin. Expense depends on the REITs industry context. However, Selling, General, & Admin. Expense should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Selling, General, & Admin. Expense mean?
A high Selling, General, & Admin. Expense can signal that a stock is expensive relative to its fundamentals. Selling, general and admin expense is the total cost for direct, indirect, general and administrative activities. View historical data on Lamar Advertising Co and its competitors. Lamar Advertising Co's current Selling, General, & Admin. Expense is R$2,003 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Lamar Advertising Co stock overvalued right now?
Lamar Advertising Co (BSP:L1AM34) has a current Selling, General, & Admin. Expense of R$2,003 Mil. The stock's GF Value™ is R$35.30, compared to a current price of R$45.15 — trading 27.9% above its estimated fair value. The current Selling, General, & Admin. Expense is R$2,003 Mil. Lamar Advertising Co's overall GF Score™ is 85/100 with 9 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Selling, General, & Admin. Expense calculated?
Selling, General, & Admin. Expense is calculated from a company's financial statements. For Lamar Advertising Co (BSP:L1AM34), the current Selling, General, & Admin. Expense is R$2,003 Mil as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
Is Lamar Advertising Co (BSP:L1AM34) Overvalued in 2026?
Based on GuruFocus' analysis, Lamar Advertising Co stock appears to be overvalued.
The current stock price of R$45.15 is trading 27.9% above its estimated GF Value™ of R$35.30.
Key valuation signals for BSP:L1AM34:
Selling, General, & Admin. Expense: R$2,003 Mil
GF Value™: R$35.30 vs. price of R$45.15 (27.9% above fair value)
No single metric tells the full story. See the BSP:L1AM34 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Lamar Advertising Co is an outdoor advertising company that operates as a real estate investment trust. It is engaged in the outdoor advertising business, operating outdoor advertising displays and logo signs mainly near highway exits, delivering brand-name information on available gas, food, lodging, and camping services. Included in the company's logo sign business are tourism signing contracts. It also provides transit advertising services in airport terminals, on bus shelters, benches, and buses. The company manages its operations through three operating segments: Billboard, which generates maximum revenue, Logo, and Transit Advertising. Geographically, it operates in the United States and Canada.
85GF Score
Get the complete analysis for BSP:L1AM34
Selling, General, & Admin. Expense is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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