• Lamar Advertising average return on assets for 2023 was 6.78, a 9.6% increase from 2022.
• Lamar Advertising average return on assets for 2022 was 7.5, a 29.76% decline from 2021.
• Lamar Advertising average return on assets for 2021 was 5.78, a 24.84% increase from 2020.

Roa - return on assets can be defined as an indicator of how profitable a company is relative to its total assets. Calculated by dividing a company's operating earnings by its total assets.