Loading institutional data...
Loading institutional data...
Held by 655 of 5,944 reporting institutions (98th percentile) — extremely crowded.
Data as of Q1 2026
Loading snapshot...
Loading financials...
Loading valuation...
Loading quality & risk...
Loading dividends & returns...
Loading capital allocation...
Loading debt & leverage...
Loading performance...
Loading peer comparison...
Loading ownership map...
Loading crowding analysis...
Loading conviction analysis...
Loading buy/sell flow...
Loading ownership trends...
Loading top holders...
Loading top holders...
Total shares institutions bought (green) vs sold (red) each quarter across all holders.
Inferred from quarter-over-quarter change in each fund's 13F position (new stakes count as buys, exits as sells). Not tick-level trades.
Ranked against 240 sector peers with collected financials. Valuation from latest close × latest fiscal-year fundamentals; 13F conviction as of 2026-03-31.
Percentile is “goodness” within the peer set (100 = best). For valuation and leverage that means cheaper / less-levered ranks higher.
| Company | Mkt cap ▼ | P/E | EV/EBITDA | P/S | Rev gr | Gross | Net | ROE | ROIC | Net D/EBITDA | 13F |
|---|---|---|---|---|---|---|---|---|---|---|---|
| WELL | $163.3B | 168.7× | — | 15.1× | 35.6% | 40.1% | 8.9% | 2.3% | 1.6% | — | 1,425 |
| XHG | $130.7B | — | — | 2546.6× | 24.9% | 2.2% | -205% | 85.0% | 88.3% | — | 1 |
| PLD | $124.3B | 37.6× | — | 14.1× | 7.2% | — | 37.9% | 6.3% | 3.8% | — | 1,592 |
| EQIX | $99.8B | 73.8× | 25.5× | 10.8× | 5.4% | 51.1% | 14.6% | 9.5% | 8.7% | 0.3× | 1,229 |
| AMT | $82.3B | 32.7× | 14.2× | 7.7× | 5.1% | — | 24.7% | 72.0% | 37.3% | 0.6× | 1,662 |
| SPG | $66.2B | 14.3× | — | 10.4× | 6.7% | — | 84.3% | 103% | 15.9% | — | 1,242 |
| O | $53.4B | 48.9× | — | 9.3× | 9.1% | — | 18.4% | 2.7% | 2.7% | — | 1,389 |
| PSA | $51.7B | 32.7× | — | 10.7× | 2.7% | — | 37.0% | 19.3% | 9.1% | — | 1,045 |
| VTR | $41.9B | 163.3× | — | 7.2× | 18.5% | — | 4.5% | 2.1% | 1.0% | — | 891 |
| CBRE | $41.0B | 36.0× | — | 1.0× | 13.4% | 18.7% | 2.9% | 13.0% | 7.1% | — | 1,020 |
| IRM | $33.2B | 228.9× | 22.6× | 4.8× | 12.2% | — | 2.2% | -15.5% | 1.0% | 7.5× | 1,043 |
| EXR | $28.8B | 29.7× | 13.5× | 8.5× | 3.7% | 72.8% | 28.8% | 7.3% | 7.3% | — | 722 |
| AVB | $26.6B | 25.6× | 12.2× | 8.7× | 4.4% | — | 34.7% | 9.1% | 5.0% | 3.2× | 715 |
| VICI | $26.2B | 9.4× | — | 6.5× | 4.1% | 99.3% | 69.3% | 10.0% | 6.2% | — | 898 |
| EQR | $25.6B | 23.0× | — | — | — | — | — | 10.1% | 5.8% | — | 681 |
| SBAC | $19.0B | 18.4× | 21.5× | 6.8× | 5.1% | 75.5% | 37.4% | -21.7% | 13.1% | 8.7× | 636 |
| BEKE | $17.6B | 133.1× | 37.9× | 1.3× | 5.6% | 21.4% | 3.2% | 4.5% | 4.5% | — | 197 |
| ESS | $17.5B | 26.1× | 11.6× | 9.3× | 6.4% | 69.9% | 37.2% | 12.7% | 12.7% | — | 582 |
| INVH | $16.6B | 28.3× | — | 6.1× | 4.2% | — | 21.5% | 6.2% | 3.3% | — | 560 |
| JLL | $16.0B | 20.7× | 11.9× | 0.6× | 11.4% | — | 3.0% | 10.6% | 10.4% | 0.1× | 615 |
| WY | $15.7B | 48.5× | 16.8× | 2.3× | -3.1% | 14.8% | 4.7% | 3.4% | 2.2% | 4.5× | 868 |
| KIM | $15.2B | — | 16.3× | 7.1× | 5.1% | — | 27.3% | 5.6% | 3.2% | 5.5× | 633 |
| NLY | $15.0B | 7.3× | — | — | — | — | — | 12.6% | 12.6% | — | 743 |
| LAMR | $15.0B | 25.6× | — | 6.6× | 2.7% | 67.0% | 25.9% | 57.3% | 13.2% | — | 655 |
| HST | $15.0B | 19.8× | — | 2.5× | 7.6% | — | 12.5% | 11.7% | 9.8% | — | 656 |
Peers = companies sharing LAMR's sector (Real Estate) with collected SEC financials. Multiples use the most recent end-of-day close and latest fiscal-year fundamentals (trailing, not forward). Missing cells mean the peer never reported that line item, has no collected price, or has a non-positive denominator. Not investment advice.
Solve the discounted cash flow backwards, then stress-test the assumptions.
To be worth $146.81 today, the market must believe free cash flow compounds 11.7%/yr for a decade (off $679M normalized FCF).
The market's 11.7% is more optimistic than its 9-yr track record.
2-stage DCF · 0.10B shares · net debt $3.4B
mean 6.2% · volatility σ 11% · implied rate exceeded in 3/9 yrs
Central path = implied 11.7%/yr growth; shaded band = ±1σ (11%) of this company's historical FCF volatility, widening with time. The wider the band, the less certain the growth.
Reverse DCF: rather than guessing a fair value, we solve for the growth the current price implies, then you stress-test the assumptions. Enterprise value of the FCF stream, less net debt, ÷ shares. Educational — not a recommendation.
Is the value real, and is the business safe? Academic scores + earnings quality + solvency, from SEC filings.
Safe > 2.99 · grey 1.81–2.99 · distress < 1.81
Eight indices comparing this year to last (receivables, margins, asset quality, growth, accruals, leverage). Above −1.78 suggests possible manipulation; below −2.22 is clean.
A screen, not proof — high growth alone can raise it.
Earnings are backed by cash (FCF ≥ net income) — high quality. Lower/negative accruals = higher quality (Sloan).
Interest coverage is thin — monitor.
F-Score (0–9 fundamental momentum), Altman Z (distress risk), and Beneish M (earnings-manipulation screen) are academic models computed from the SEC filings. Screens and context — educational, not recommendations.
What the company returns to shareholders — and whether it's covered by cash.
No dividend to cover. Last year: $0 dividends + $158M buybacks = $158M returned on $683M FCF.
Yields use the latest fiscal-year dividends/buybacks over current market cap. Dividends and buybacks from the SEC cash-flow statement; payout coverage vs net income and free cash flow. Educational — not a recommendation.
How management deployed cash over 10 years — and what it earned on reinvestment.
A reinvestment story — most cash went back into growth rather than to shareholders.
Modest payoff on reinvested capital. Current ROIC on all capital: 13%. Rough measure (includes maintenance capex).
Cash uses aggregated from the SEC cash-flow statement over 10 fiscal years. "Return on reinvestment" is a rough proxy — operating-income change ÷ cumulative CapEx + M&A — and includes maintenance capex. Educational — not a recommendation.
How much the company owes, how it's trended, and how comfortably it's serviced.
Cash of $65M covers the $21M due within a year 3.0× over. Scheduled principal only (excludes interest & revolver draws). As of 2015-12-31 (8-K).
Insufficient EBITDA/debt history.
Green ≤ 1.5× · amber ≤ 3× · red > 3× (leverage relative to cash earnings).
Coverage is adequate but not comfortable. Effective rate ~4.7% on $3.4B of debt.
Cash of $65M is below short-term debt of $250M — relies on refinancing/operations.
Mostly long-term debt (balance-sheet current vs non-current split). See the maturity ladder above for the year-by-year repayment schedule.
Debt, cash, interest and equity from the SEC balance sheet & income statement. Effective rate = interest ÷ average debt. Maturity ladder from the SEC long-term-debt repayment schedule. Educational — not a recommendation.
Top 40 institutional holders — bubble size is position value, color is the move since last quarter. Hover any holder for detail.
Drag any bubble to rearrange · size = dollar value of the position
EOD close · as of 2026-09-17
How a revenue dollar becomes profit — FY2025
Each value shows its share of revenue below it (common-size).
| Line Item | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $2.27B 100.0% | $2.21B 100.0% | $2.11B 100.0% | $2.03B 100.0% | $1.79B 100.0% | $1.57B 100.0% | $1.75B 100.0% | $1.63B 100.0% | $1.54B 100.0% | $1.50B 100.0% |
| Cost of Revenue | $746.9M 33.0% | $727.9M 33.0% | $696.8M 33.0% | $667.3M 32.8% | $576.5M 32.3% | $557.7M 35.5% | $590.1M 33.6% | $561.8M 34.5% | $540.9M 35.1% | $525.6M 35.0% |
| Selling, General & Admin | $368.7M 16.3% | $361.1M 16.4% | $344.8M 16.3% | $350.6M 17.3% | $327.0M 18.3% | $287.9M 18.3% | $318.4M 18.2% | $289.4M 17.8% | $276.2M 17.9% | $269.4M 18.0% |
| Total Operating Expenses | $1.49B 65.8% | $1.68B 75.9% | $1.44B 68.0% | $1.45B 71.6% | $1.27B 70.8% | $1.16B 73.9% | $1.24B 70.5% | $1.17B 71.7% | $1.09B 70.5% | $1.06B 70.7% |
| Operating Income | $774.1M 34.2% | $532.0M 24.1% | $675.4M 32.0% | $578.0M 28.4% | $521.2M 29.2% | $410.1M 26.1% | $517.7M 29.5% | $460.6M 28.3% | $455.4M 29.5% | $439.0M 29.3% |
| Interest Expense | $160.4M 7.1% | $171.7M 7.8% | $174.5M 8.3% | $127.5M 6.3% | $106.4M 6.0% | $137.6M 8.8% | $150.6M 8.6% | $129.7M 8.0% | $128.4M 8.3% | $123.7M 8.2% |
| Interest & Investment Income | $2.6M 0.1% | $2.3M 0.1% | $2.1M 0.1% | $1.3M 0.1% | $763K 0.0% | $797K 0.1% | $764K 0.0% | $534K 0.0% | $6K 0.0% | $6K 0.0% |
| Other Income (Expense), net | -$159.7M -7.0% | -$164.6M -7.5% | -$168.8M -8.0% | -$121.9M -6.0% | -$123.8M -6.9% | -$162.1M -10.3% | -$149.9M -8.5% | -$144.6M -8.9% | -$128.5M -8.3% | -$126.9M -8.5% |
| Pretax Income | $614.4M 27.1% | $367.5M 16.6% | $506.6M 24.0% | $456.1M 22.4% | $397.3M 22.2% | $248.0M 15.8% | $367.9M 21.0% | $315.9M 19.4% | $326.9M 21.2% | $312.2M 20.8% |
| Income Tax Expense | $21.3M 0.9% | $4.5M 0.2% | $9.8M 0.5% | $17.5M 0.9% | $9.3M 0.5% | $4.7M 0.3% | -$4.2M -0.2% | $10.7M 0.7% | $9.2M 0.6% | $13.4M 0.9% |
| Net Income | $587.2M 25.9% | $361.9M 16.4% | $495.8M 23.5% | $438.6M 21.6% | $388.1M 21.7% | $243.4M 15.5% | $372.1M 21.2% | $305.2M 18.8% | $317.7M 20.6% | $298.8M 19.9% |
| Per Share | ||||||||||
| EPS (Basic) | $5.78 | $3.54 | $4.86 | $4.32 | $3.83 | $2.41 | $3.71 | $3.09 | $3.24 | $3.07 |
| EPS (Diluted) | $5.77 | $3.52 | $4.85 | $4.31 | $3.83 | $2.41 | $3.71 | $3.08 | $3.23 | $3.05 |
| Weighted Avg Shares (Basic) | 101.6M | 102.3M | 101.9M | 101.5M | 101.1M | 100.8M | 100.1M | 98.8M | 97.9M | 97.1M |
| Weighted Avg Shares (Diluted) | 101.6M | 102.6M | 102.1M | 101.6M | 101.3M | 100.9M | 100.3M | 99.1M | 98.4M | 97.7M |
Source: SEC EDGAR XBRL filings (annual, fiscal year). Quarterly flow items are derived from cumulative filings; balance-sheet figures are as-of each period end. Ratios and margins are computed, not reported.
Total return (dividends reinvested) vs the market, from quarter-end prices.
Above 0 = ahead of the S&P 500 since the window start; below 0 = behind. Rising means it's pulling ahead.
How far the stock fell below its prior peak. Deeper, longer drawdowns = a rougher ride to the same return.
Quarter-end, dividend-adjusted (total return). Beta & volatility from quarterly returns (annualized). Benchmark is the S&P 500 (SPY total return). Annual returns compound the quarters ending in each calendar year; the first and last years in a window may be partial. Past performance doesn't predict future results.
EOD close · as of 2026-09-17
Where each multiple sits in its own 14-yr range · 90th pct blended
Dot = today · shaded = middle 50% · line = median. Lower percentile = cheaper vs its own 14-yr history.
Is the profit real, and how strong is the balance sheet?
FY2025 · every deduction from revenue to net income
DuPont — the three levers
Watch the leverage lever — a chunk of ROE comes from the balance sheet.
What the company owes vs. what it holds
Year-by-year maturities aren't in SEC companyfacts (footnote-only), so this shows the debt/cash structure and net leverage instead.
Latest year: profit growth vs revenue growth
High operating leverage: profit moved 17.0× as fast as sales — great in an upturn, painful in a downturn.
Each line as % of revenue — the trend in color
| % of revenue | FY2018 | FY2019 | FY2020 | FY2021 | FY2022 | FY2023 | FY2024 | FY2025 |
|---|---|---|---|---|---|---|---|---|
| Cost of Revenue | 34.5 | 33.6 | 35.5 | 32.3 | 32.8 | 33.0 | 33.0 | 33.0 |
| SG&A | 17.8 | 18.2 | 18.3 | 18.3 | 17.3 | 16.3 | 16.4 | 16.3 |
| Operating Income | 28.3 | 29.5 | 26.1 | 29.2 | 28.4 | 32.0 | 24.1 | 34.2 |
| Income Tax | 0.7 | -0.2 | 0.3 | 0.5 | 0.9 | 0.5 | 0.2 | 0.9 |
| Net Income | 18.8 | 21.2 | 15.5 | 21.7 | 21.6 | 23.5 | 16.4 | 25.9 |
Green = margin-favorable vs the row's own range · red = unfavorable.
The metrics that matter, over time
A 30-second read on LAMR: price, valuation, headline fundamentals, and an auto-generated scorecard from SEC filings. Flags are rule-based signals, not recommendations.