• Lamar Advertising average pre-tax profit margin for 2023 was 21.76%, a 9.82% increase from 2022.
• Lamar Advertising average pre-tax profit margin for 2022 was 24.13%, a 19.04% decline from 2021.
• Lamar Advertising average pre-tax profit margin for 2021 was 20.27%, a 19.8% increase from 2020.

Pre-tax profit margin can be defined as earnings before taxes as a portion of total revenue.