LAMAR ADVERTISING CONEW
For the period ended Dec 31, 2024. Filed Feb 20, 2025.
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FY2024 · Filed Feb 20, 2025
LAMR$163.40+2.9%Stored close · as of Nov 10, 2026
Extracted filing text, with the paragraph anchors used by the comparison.
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Consolidated Balance Sheets as of December 31, 202 and
Consolidated Balance Sheets
December 31, 2024 and 2023
| 2024 | 2023 | |
|---|---|---|
| ASSETS | ||
| Current assets: | ||
| Cash and cash equivalents | $49,461 | $44,605 |
| Receivables, net of allowance for doubtful accounts of $12,404 and $12,477 as of 2024 and 2023, respectively | 334,798 | 301,189 |
| Other current assets | 41,009 | 27,392 |
| Total current assets | 425,268 | 373,186 |
| Property, plant and equipment (note 5) | 4,574,894 | 4,274,831 |
| Less accumulated depreciation and amortization | (2,974,085) | (2,708,361) |
| Net property, plant and equipment | 1,600,809 | 1,566,470 |
| Operating lease right of use assets | 1,355,231 | 1,315,433 |
| Financing lease right of use assets | 8,331 | 11,184 |
| Goodwill (note 6) | 2,035,082 | 2,035,271 |
| Intangible assets, net (note 6) | 1,062,601 | 1,171,434 |
| Other assets | 99,227 | 90,644 |
| Total assets | $6,586,549 | $6,563,622 |
| LIABILITIES AND STOCKHOLDERS’ EQUITY | ||
| Current liabilities: | ||
| Trade accounts payable | $21,586 | $18,238 |
| Current maturities of long-term debt, net of deferred financing costs of $611 and $380 in 2024 and 2023, respectively (note 9) | 249,806 | 250,018 |
| Current operating lease liabilities (note 7) | 218,108 | 210,568 |
| Current financing lease liabilities (note 7) | 1,331 | 1,331 |
| Accrued expenses (note 8) | 133,943 | 107,195 |
| Deferred income | 153,700 | 126,547 |
| Total current liabilities | 778,474 | 713,897 |
| Long-term debt, net of deferred financing costs of $22,826 and $28,865 in 2024 and 2023, respectively (note 9) | 2,961,058 | 3,091,109 |
| Operating lease liabilities (note 7) | 1,114,407 | 1,075,285 |
| Financing lease liabilities (note 7) | 13,283 | 14,614 |
| Deferred income tax liabilities (note 12) | 8,006 | 12,047 |
| Asset retirement obligation (note 10) | 614,713 | 397,991 |
| Other liabilities | 48,588 | 41,891 |
| Total liabilities | 5,538,529 | 5,346,834 |
| Stockholders’ equity (note 14): | ||
| Series AA preferred stock, par value $0.001, $63.80 cumulative dividends, authorized 5,720 shares; 5,720 shares issued and outstanding at 2024 and 2023 | — | — |
| Class A common stock, par value $0.001, 362,500,000 shares authorized, 88,867,481 and 88,486,495 shares issued and 87,976,923 and 87,645,560 outstanding at 2024 and 2023, respectively | 89 | 88 |
| Class B common stock, par value $0.001, 37,500,000 shares authorized, 14,420,085 shares issued and outstanding at 2024 and 2023 | 14 | 14 |
| Additional paid-in-capital | 2,159,292 | 2,103,282 |
| Accumulated comprehensive loss | (2,954) | (428) |
| Accumulated deficit | (1,036,582) | (819,235) |
| Cost of shares held in treasury, 890,558 and 840,935 shares in 2024 and 2023, respectively | (72,688) | (67,347) |
| Non-controlling interest | 849 | 414 |
| Stockholders’ equity | 1,048,020 | 1,216,788 |
| Total liabilities and stockholders’ equity | $6,586,549 | $6,563,622 |
The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.