Lamar Advertising Company (LAMR) vs Annaly Capital Management, Inc. (NLY)
A side-by-side comparison of Lamar Advertising Company and Annaly Capital Management, Inc. across valuation, profitability, dividends, and growth — built entirely from reported fundamentals, as of October 6, 2026. Differences are shown without an overall score or investment verdict.
Total return — LAMR vs NLY
growth of $100 · dividends reinvested · last 10yLAMR vs NLY: by the numbers
- •LAMR is the larger company ($14.69B vs $13.88B market cap).
- •NLY converts more revenue to profit (40.52% vs 23.90% net margin).
- •NLY grew revenue faster over the past five years (22.35% vs 7.37% CAGR).
- •NLY pays the higher dividend yield (15.60% vs 4.62%).
Metrics side by side
Valuation
| Metric | LAMR | NLY |
|---|---|---|
| P/E ratio | 26.41 | 4.61 |
| Forward P/E | 24.46 | 5.95 |
| PEG ratio | 1.38 | N/A |
| P/S ratio | 6.31 | 1.91 |
| P/B ratio | 14.75 | 0.92 |
| EV / EBITDA | 19.85 | N/A |
| FCF yield | 5.14% | N/A |
For REITs like Lamar Advertising Company, GAAP P/E is distorted: heavy non-cash property depreciation depresses reported earnings and overstates the multiple. Real-estate companies are valued on funds from operations (FFO / AFFO) and price-to-FFO — see the Funds From Operations section. The P/E is shown for reference only.
Profitability
| Metric | LAMR | NLY |
|---|---|---|
| Gross margin | 40.67% | N/A |
| Operating margin | 27.97% | 102.58% |
| Net margin | 23.90% | 40.52% |
| ROE | 55.86% | 17.44% |
| ROIC | 9.56% | N/A |
Annaly Capital Management, Inc.: Gross margin is not shown for a lender or insurer: its revenue is interest, premiums and fees rather than the sale of goods, so there is no cost of goods sold to measure it against.
Dividends
| Metric | LAMR | NLY |
|---|---|---|
| Dividend yield | 4.62% | 15.60% |
| Payout ratio | 121.35% | 71.25% |
Lamar Advertising Company's payout ratio is measured against GAAP earnings, which non-cash depreciation depresses for REITs — the dividend is conventionally assessed against funds from operations (FFO / AFFO) instead, so the GAAP figure overstates the payout burden.
Growth (annualized)
| Metric | LAMR | NLY |
|---|---|---|
| Revenue CAGR (5Y) | 7.37% | 22.35% |
| EPS CAGR (5Y) | 19.12% | N/A |
| FCF CAGR (5Y) | 5.51% | N/A |
| Total return CAGR (5Y) | 9.88% | 1.23% |
Frequently asked
- Which has grown faster, LAMR or NLY?
- Over the past five years, NLY grew revenue faster — LAMR at a 7.37% CAGR versus NLY at 22.35%.
- Does LAMR or NLY pay a bigger dividend?
- LAMR yields 4.62% and NLY yields 15.60% based on trailing dividends and the latest price.
- Is LAMR or NLY more profitable?
- NLY runs the higher net margin — LAMR at 23.90% versus NLY at 40.52%.
- How have LAMR and NLY total returns compared?
- Over the past 10 years, LAMR delivered 13.51% and NLY delivered 4.81% annualized total return. Past performance doesn't predict future results.
Go deeper
Dig into the metrics
Lamar Advertising & Annaly Capital Management appear in these rankings
Figures are sourced from reported fundamentals and the latest end-of-day price. This comparison is informational only and is not investment advice. Past performance does not predict future results. See our methodology. Compiled by TGMCharts Research · data verified October 6, 2026.