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Side-by-side financial comparison of American Assets Trust, Inc. (AAT) and LAMAR ADVERTISING CO (LAMR). Click either name above to swap in a different company.

LAMAR ADVERTISING CO is the larger business by last-quarter revenue ($595.9M vs $9.6M, roughly 61.8× American Assets Trust, Inc.). On growth, LAMAR ADVERTISING CO posted the faster year-over-year revenue change (2.8% vs -5.5%). LAMAR ADVERTISING CO produced more free cash flow last quarter ($208.3M vs $23.0M). Over the past eight quarters, LAMAR ADVERTISING CO's revenue compounded faster (9.4% CAGR vs -5.2%).

Personal Assets Trust is a large British investment trust. The company is listed on the London Stock Exchange and is a constituent of the FTSE 250 Index. The chairman is Iain Ferguson CBE.

Lamar Advertising Company is an advertising company which operates billboards, logo signs, and transit displays in the United States and Canada. The company was founded in 1902 by Charles W. Lamar and J.M. Coe, and is headquartered in Baton Rouge, Louisiana. The company has over 200 locations in the United States and Canada. They have reportedly more than 363,000 displays across the USA. Lamar Advertising Company became a real estate investment trust in 2014.

AAT vs LAMR — Head-to-Head

Bigger by revenue
LAMR
LAMR
61.8× larger
LAMR
$595.9M
$9.6M
AAT
Growing faster (revenue YoY)
LAMR
LAMR
+8.3% gap
LAMR
2.8%
-5.5%
AAT
More free cash flow
LAMR
LAMR
$185.3M more FCF
LAMR
$208.3M
$23.0M
AAT
Faster 2-yr revenue CAGR
LAMR
LAMR
Annualised
LAMR
9.4%
-5.2%
AAT

Income Statement — Q4 2025 vs Q4 2025

Metric
AAT
AAT
LAMR
LAMR
Revenue
$9.6M
$595.9M
Net Profit
$152.3M
Gross Margin
67.7%
Operating Margin
32.9%
Net Margin
25.6%
Revenue YoY
-5.5%
2.8%
Net Profit YoY
12801.3%
EPS (diluted)
$0.06
$1.50

Green = leading value per metric. Periods may differ when fiscal calendars don't align.

8-Quarter Revenue & Profit Trend

Side-by-side quarterly history. Quarters aligned by calendar period so offset fiscal years line up.

Revenue
AAT
AAT
LAMR
LAMR
Q4 25
$9.6M
$595.9M
Q3 25
$10.1M
$585.5M
Q2 25
$10.2M
$579.3M
Q1 25
$9.9M
$505.4M
Q4 24
$10.2M
$579.6M
Q3 24
$11.4M
$564.1M
Q2 24
$10.6M
$565.3M
Q1 24
$10.7M
$498.1M
Net Profit
AAT
AAT
LAMR
LAMR
Q4 25
$152.3M
Q3 25
$4.5M
$141.8M
Q2 25
$5.5M
$154.4M
Q1 25
$42.5M
$138.8M
Q4 24
$-1.2M
Q3 24
$16.7M
$147.5M
Q2 24
$11.9M
$137.4M
Q1 24
$19.3M
$78.2M
Gross Margin
AAT
AAT
LAMR
LAMR
Q4 25
67.7%
Q3 25
67.9%
Q2 25
67.8%
Q1 25
64.4%
Q4 24
67.8%
Q3 24
67.6%
Q2 24
67.6%
Q1 24
64.7%
Operating Margin
AAT
AAT
LAMR
LAMR
Q4 25
32.9%
Q3 25
32.3%
Q2 25
34.1%
Q1 25
37.8%
Q4 24
6.3%
Q3 24
33.1%
Q2 24
32.6%
Q1 24
25.0%
Net Margin
AAT
AAT
LAMR
LAMR
Q4 25
25.6%
Q3 25
44.6%
24.2%
Q2 25
53.2%
26.6%
Q1 25
429.3%
27.5%
Q4 24
-0.2%
Q3 24
145.5%
26.1%
Q2 24
111.9%
24.3%
Q1 24
179.4%
15.7%
EPS (diluted)
AAT
AAT
LAMR
LAMR
Q4 25
$0.06
$1.50
Q3 25
$0.07
$1.40
Q2 25
$0.09
$1.52
Q1 25
$0.70
$1.35
Q4 24
$0.14
$-0.02
Q3 24
$0.28
$1.44
Q2 24
$0.20
$1.34
Q1 24
$0.32
$0.76

Balance Sheet & Financial Strength

Snapshot of each company's liquidity, leverage and book value from the latest quarter.

Metric
AAT
AAT
LAMR
LAMR
Cash + ST InvestmentsLiquidity on hand
$129.4M
$64.8M
Total DebtLower is stronger
$1.7B
Stockholders' EquityBook value
$1.2B
$1.0B
Total Assets
$2.9B
$6.9B
Debt / EquityLower = less leverage
1.48×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
AAT
AAT
LAMR
LAMR
Q4 25
$129.4M
$64.8M
Q3 25
$138.7M
$22.0M
Q2 25
$143.7M
$55.7M
Q1 25
$143.9M
$36.1M
Q4 24
$425.7M
$49.5M
Q3 24
$533.0M
$29.5M
Q2 24
$114.9M
$77.9M
Q1 24
$98.6M
$36.4M
Total Debt
AAT
AAT
LAMR
LAMR
Q4 25
$1.7B
Q3 25
Q2 25
Q1 25
Q4 24
$2.0B
Q3 24
Q2 24
Q1 24
Stockholders' Equity
AAT
AAT
LAMR
LAMR
Q4 25
$1.2B
$1.0B
Q3 25
$1.2B
$1.0B
Q2 25
$1.2B
$906.9M
Q1 25
$1.2B
$1.0B
Q4 24
$1.2B
$1.0B
Q3 24
$1.2B
$1.2B
Q2 24
$1.2B
$1.2B
Q1 24
$1.2B
$1.2B
Total Assets
AAT
AAT
LAMR
LAMR
Q4 25
$2.9B
$6.9B
Q3 25
$2.9B
$6.8B
Q2 25
$3.0B
$6.7B
Q1 25
$3.0B
$6.5B
Q4 24
$3.3B
$6.6B
Q3 24
$3.4B
$6.5B
Q2 24
$3.0B
$6.6B
Q1 24
$3.0B
$6.5B
Debt / Equity
AAT
AAT
LAMR
LAMR
Q4 25
1.48×
Q3 25
Q2 25
Q1 25
Q4 24
1.72×
Q3 24
Q2 24
Q1 24

Cash Flow & Capital Efficiency

How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.

Metric
AAT
AAT
LAMR
LAMR
Operating Cash FlowLast quarter
$40.6M
$271.2M
Free Cash FlowOCF − Capex
$23.0M
$208.3M
FCF MarginFCF / Revenue
238.4%
35.0%
Capex IntensityCapex / Revenue
182.1%
10.5%
Cash ConversionOCF / Net Profit
1.78×
TTM Free Cash FlowTrailing 4 quarters
$94.9M
$683.2M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
AAT
AAT
LAMR
LAMR
Q4 25
$40.6M
$271.2M
Q3 25
$40.5M
$235.7M
Q2 25
$49.2M
$229.5M
Q1 25
$36.9M
$127.7M
Q4 24
$40.6M
$279.3M
Q3 24
$52.4M
$227.4M
Q2 24
$59.3M
$256.3M
Q1 24
$54.8M
$110.6M
Free Cash Flow
AAT
AAT
LAMR
LAMR
Q4 25
$23.0M
$208.3M
Q3 25
$23.1M
$185.8M
Q2 25
$28.4M
$191.3M
Q1 25
$20.4M
$97.9M
Q4 24
$21.5M
$236.3M
Q3 24
$28.0M
$197.3M
Q2 24
$43.6M
$233.7M
Q1 24
$43.8M
$81.1M
FCF Margin
AAT
AAT
LAMR
LAMR
Q4 25
238.4%
35.0%
Q3 25
228.3%
31.7%
Q2 25
276.7%
33.0%
Q1 25
206.1%
19.4%
Q4 24
210.4%
40.8%
Q3 24
244.4%
35.0%
Q2 24
409.9%
41.3%
Q1 24
408.5%
16.3%
Capex Intensity
AAT
AAT
LAMR
LAMR
Q4 25
182.1%
10.5%
Q3 25
172.4%
8.5%
Q2 25
203.1%
6.6%
Q1 25
166.0%
5.9%
Q4 24
187.6%
7.4%
Q3 24
213.5%
5.3%
Q2 24
147.4%
4.0%
Q1 24
101.9%
5.9%
Cash Conversion
AAT
AAT
LAMR
LAMR
Q4 25
1.78×
Q3 25
8.98×
1.66×
Q2 25
9.01×
1.49×
Q1 25
0.87×
0.92×
Q4 24
Q3 24
3.15×
1.54×
Q2 24
4.98×
1.87×
Q1 24
2.84×
1.41×

Financial Flow Comparison

Revenue → gross profit → operating profit → net profit for each company.

Revenue Breakdown by Segment

AAT
AAT

Segment breakdown not available.

LAMR
LAMR

Reportable Segment Aggregation Before Other Operating Segment$531.9M89%
Transit Advertising$42.0M7%
Logo Advertising$22.1M4%

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