LAMR vs. MAA: Lamar Advertising vs. Mid-America Apartment Stock Comparison

Company Profile

Lamar Advertising (LAMR) and Mid-America Apartment (MAA) both fall under the Equity Real Estate Investment Trusts (REITs) industry group, but LAMR is classified in Specialized REITs while MAA is classified in Residential REITs.

Both Lamar Advertising (LAMR) and Mid-America Apartment (MAA) are REITs — read their payout ratios and P/E alongside FFO (funds from operations) rather than at face value.

Price Performance

Cumulative Growth

Trailing Returns

Calendar-Year Returns

Performance Metrics

Risk Profile

Drawdown History

Return Distribution

Risk Metrics

Risk-Adjusted Performance

Risk-Return Positioning

Risk-Adjusted Metrics

Profitability

Lamar Advertising (LAMR) at 56.42% clears its industry range for ROE, a sharper capital-efficiency signal than Mid-America Apartment (MAA) at 6.91%, which is closer to a typical peer reading.

Neither Lamar Advertising (LAMR) in Equity Real Estate Investment Trusts (REITs) nor Mid-America Apartment (MAA) in Equity Real Estate Investment Trusts (REITs) is well served by net margin: heavy depreciation makes net income a poor profitability proxy in their businesses, where FFO-based measures are the standard read.

Neither side reports a meaningful operating margin: for Lamar Advertising (LAMR) in Equity Real Estate Investment Trusts (REITs) and Mid-America Apartment (MAA) in Equity Real Estate Investment Trusts (REITs), funding costs are part of the core business, so net margin and ROE are the cleaner profitability reads.

Profitability Metrics

Growth

Both Lamar Advertising (LAMR) at 2.68% and Mid-America Apartment (MAA) at 0.83% land near their industries' usual revenue growth ranges, so top-line momentum looks broadly in line with peers on both sides.

EPS growth isn't a meaningful figure for either Lamar Advertising (LAMR) in Equity Real Estate Investment Trusts (REITs) or Mid-America Apartment (MAA) in Equity Real Estate Investment Trusts (REITs) under our convention.

Growth Metrics

Financial Strength

Both Lamar Advertising (LAMR) at 0.59 and Mid-America Apartment (MAA) at 0.06 run current ratio in the tighter-liquidity quartile of industry peers, leaving thinner cushions against current liabilities than typical competitors.

Mid-America Apartment (MAA) at 1.08 is near its industry mid-range for debt-to-equity ratio, while Lamar Advertising (LAMR) at 4.82 sits above its benchmark range, pointing to a heavier debt load relative to equity.

Financial Strength Metrics

Dividends

Both Lamar Advertising (LAMR) at 4.07% and Mid-America Apartment (MAA) at 5.02% pay solid, industry-typical yields, sitting squarely within their peers’ usual range.

An earnings-based payout ratio fits neither Lamar Advertising (LAMR) in Equity Real Estate Investment Trusts (REITs) nor Mid-America Apartment (MAA) in Equity Real Estate Investment Trusts (REITs): their distributions are mandated and conventionally measured against FFO, so the accounting-earnings ratio overstates both.

Dividend Metrics

Valuation

P/E ratio is not a meaningful valuation yardstick for either Lamar Advertising (LAMR) in Equity Real Estate Investment Trusts (REITs) or Mid-America Apartment (MAA) in Equity Real Estate Investment Trusts (REITs): depreciation suppresses reported earnings in their businesses, and price-to-FFO is the conventional yardstick instead.

On P/S ratio, both Lamar Advertising (LAMR) at 6.70 and Mid-America Apartment (MAA) at 6.36 are priced roughly in line with their industries — neither looks cheap nor rich on a sales basis.

Both look rich against book: Mid-America Apartment (MAA) at 2.61 sits in the upper P/B ratio quartile, and Lamar Advertising (LAMR) at 15.58 prices even higher, above its industry range.

Valuation Metrics