Lamar Advertising Co (FRA:6LA) Tax Rate % : -0.80% (As of Sep. 2024)

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What is Lamar Advertising Co Tax Rate %?

Tax Rate % is calculated as Tax Expense divided by its Pre-Tax Income. Lamar Advertising Co's Tax Expense for the three months ended in Sep. 2024 was €-1 Mil. Lamar Advertising Co's Pre-Tax Income for the three months ended in Sep. 2024 was €132 Mil. Therefore, Lamar Advertising Co's Tax Rate % for the quarter that ended in Sep. 2024 was -0.80%.

Lamar Advertising Co Tax Rate % Historical Data

The historical data trend for Lamar Advertising Co's Tax Rate % 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 Tax Rate % Chart

Lamar Advertising Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Tax Rate %

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-1.15

1.88

2.33

3.83

1.93

Lamar Advertising Co Quarterly Data
	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24
Tax Rate %	Get a 7-Day Free Trial															2.66	0.64	1.90	2.04	-0.80

Lamar Advertising Co Tax Rate % Calculation

Tax Rate % is the ratio of tax expense divided by pretax income, usually presented in percent.

Lamar Advertising Co's Tax Rate % for the fiscal year that ended in Dec. 2023 is calculated as

Tax Rate %	=	Tax Expense (A: Dec. 2023 )	/	Pre-Tax Income (A: Dec. 2023 )
	=	8.97	/	464.569
	=	1.93 %

Lamar Advertising Co's Tax Rate % for the quarter that ended in Sep. 2024 is calculated as

Tax Rate %	=	Tax Expense (Q: Sep. 2024 )	/	Pre-Tax Income (Q: Sep. 2024 )
	=	-1.053	/	132.134
	=	-0.80 %

Lamar Advertising Co Tax Rate % Related Terms

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Lamar Advertising Co Business Description

Industry

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

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 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.

Lamar Advertising Co Headlines

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